Questions

Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The public debt is the

A) total amount borrowed by the government of a country B) The funds raised for a cause in the country
C) the tax amount overall the country D) none
 
Answer & Explanation Answer: A) total amount borrowed by the government of a country

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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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:

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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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:

Which of the following is not the properties of an ionic compound?

A) Soluble in water and insoluble in petrol B) High melting and boiling points
C) Low melting and boiling points D) Solid and hard
 
Answer & Explanation Answer: C) Low melting and boiling points

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Study the Bar diagram carefully and answer the questions. The Bar diagram shows the trends of foreign direct investment (FDI) into India from all over the World (in Rs. crores).

The ratio of investment in 1997 to the average investment is

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

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Q:

Which Union Ministry is to set up a National Faceless Penalty Centre?

A) Ministry of MSME B) Ministry of Finance
C) Ministry of Defence D) Ministry of Commerce and Industry
 
Answer & Explanation Answer: B) Ministry of Finance

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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