Questions

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

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 824
Q:

Salarjung Museum is located in ___.

A) Kolkata B) Ahmadabad
C) Delhi D) Hyderabad
 
Answer & Explanation Answer: D) Hyderabad

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

1 824
Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 823
Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

 

A) Rs 3.11 lakh crore B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore D) Rs 7 lakh crore
 
Answer & Explanation Answer: C) Rs 2.11 lakh crore

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 823
Q:

Who among these union ministers in the PM Narendra Modi cabinet belongs to the Shiv Sena party?

A) Sadanand Gowda B) NitinGadkari
C) Anant Geete D) Uma Bharti
 
Answer & Explanation Answer: C) Anant Geete

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

1 823
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'.

Policy makers will think hard about creating (1)/ an appropriate legal framework to (2)/ prevent the capture of regulatories by special interests. (3)/ No error. (4)

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 823
Q:

The question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.
Statement:

Should women be allowed into combat arms if they meet all standards?
Arguments:
I. Yes, women have already proven competence in combat – they have already been exposed to combat in Iraq and Afghanistan, so it makes no sense to officially continue excluding them.
II. No, the average female is physically weaker than the average male.

A) Only argument I is strong B) Only argument II is strong
C) Either I or II is strong D) Neither I nor II is strong and
 
Answer & Explanation Answer: A) Only argument I is strong

Explanation:

Argument I is strong as it gives a proper reason as to why women should be included in combat arms – because they have already worked in this area in Iraq and other places and so it makes sense to include them officially. Argument II is weak because it talks about a general scenario in comparing an average female with an average male.
However, what if a woman with exceptional athletic ability and toughness can meet and even exceed the standards currently set for male troops, on what basis should she be denied entry into combat arms? Therefore, option 1 is the correct answer.

Report Error

View Answer Report Error Discuss

0 823
Q:

How many princely states were there in India at the time of Independence?

A) 347 B) 490
C) 565 D) 418
 
Answer & Explanation Answer: C) 565

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian History
Exam Prep: Bank Exams

4 822