Questions

Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The goal of expansionary fiscal policy is to increase

A) Unemployment B) The price level
C) Aggregate supply D) Real GDP
 
Answer & Explanation Answer: D) Real GDP

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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:

Who won a gold medal in the World Weightlifting Championship at Anaheim, USA, in 2017?

A) Vandna Gupta B) Karnam Malleswari
C) Kunjarani Devi D) Mirabai Chanu
 
Answer & Explanation Answer: D) Mirabai Chanu

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select No Error.

 

If life existed on Mars, it is most likely to be in (1)/ the form of bacteria buried deep in (2)/ the planet’s permafrost or lichens. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

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Filed Under: English
Exam Prep: Bank Exams

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Q:

An object having a mass 'm' moving with a velocity 'v' possesses a kinetic energy 'K'. If its velocity is doubled, its kinetic energy will become:

A) K/2 B) 2K
C) 4K D) K/4
 
Answer & Explanation Answer: C) 4K

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

On 3 January 2018, Lok Sabha passed Ancient Monuments and Archaeological Sites and Remains (Amendment) Bill, 2017. The Bill empowers ______ to allow works in a prohibited area.

 

 

A) State Government   B) Central Government  
C) Local Panchayat D) Municipal Corporation
 
Answer & Explanation Answer: B) Central Government  

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

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Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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