Questions

Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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

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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 among the following is NOT same as reproduction?

A) Regeneration B) Budding
C) Vegetative Propagation   D) Spore formation  
 
Answer & Explanation Answer: A) Regeneration

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which term describes an enzyme?

A) reactant B) catalyst
C) substrate D) product
 
Answer & Explanation Answer: B) catalyst

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In November 2017, Indian Government approved setting up of ‘Pradhan Mantri Mahila Shakti Kendras’. These will be set up in how many most backward districts of the country?

A) 100 B) 150
C) 115 D) 200
 
Answer & Explanation Answer: C) 115

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

__ won the FIFA Ballon d'Or award for the best player in the World in 2015.

A) Cristiano Ronaldo B) Neymar
C) Lionel Messi D) Luis Suarez
 
Answer & Explanation Answer: C) Lionel Messi

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line AB, then which of the answer figures is the right image of the given figure?

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

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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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