Questions

Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax B) Entertainment tax
C) Income tax D) Gift tax
 
Answer & Explanation Answer: B) Entertainment tax

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

 

A) 2 B) 5
C) 10 D) 20
 
Answer & Explanation Answer: B) 5

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The principles of internal control include

A) Maintain Records B) Segregate of Duties
C) Mandatory Employee Rotation D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.


The main internal control principles include:

  • Establish Responsibilities
  • Maintain Records
  • Insure Assets by Bonding Key Employees
  • Segregate of Duties
  • Mandatory Employee Rotation
  • Split Related Party Responsibility
  • Use Technological Controls
  • Perform Regular Independent Reviews

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Golconda Fort was built during ___.

A) Vijayanagara Empire B) Qutb Shahi dynasty
C) Satavahana dynasty D) Hoysala Dynasty
 
Answer & Explanation Answer: B) Qutb Shahi dynasty

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which is the correct inverted sequence (last to first) of Mughal Emperors who ruled the Indian Subcontinent?

 

A) Akbar, Shah Jahan, Aurangzeb, Bahadur Shah II B) Aurangzeb, Bahadur Shah II, Shah Jahan, Akbar
C) Bahadur Shah II, Aurangzeb, Shah Jahan, Akbar D) Akbar, Aurangzeb, Shah Jahan, Bahadur Shah II
 
Answer & Explanation Answer: C) Bahadur Shah II, Aurangzeb, Shah Jahan, Akbar

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who is the Chairman of the Film and Television Institute of India as of February 2018?

A) Jaya Prada B) Anupam Kher
C) Mithum Chakraborty D) Jaya Bachchan
 
Answer & Explanation Answer: B) Anupam Kher

Explanation:
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Filed Under: Famous Personalities
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Q:

Which country among the following voted in 2015 to be the first country to allow three parent in-vitro fertilization?

 

A) Britain B) USA
C) France D) Italy
 
Answer & Explanation Answer: A) Britain

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The unit of power used in industry is

A) Joule B) Watts
C) Horse power D) Kilowatts
 
Answer & Explanation Answer: C) Horse power

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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