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

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1014
Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost. B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota. D) constitutes a general case for permanent tariffs.
 
Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

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

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Q:

Ice floats on water because its density is

A) more than water B) zero
C) less than water D) same as water
 
Answer & Explanation Answer: C) less than water

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In a certain code language, 'x' represents '+', '÷' represents 'x', '-' represents '÷' and '+' represents '-'. Find out the answer to the following question.

20 + 16 x 6 ÷ 10 - 4 = ?

A) 13 B) 12
C) 30 D) 19
 
Answer & Explanation Answer: D) 19

Explanation:
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Q:

Who wrote the Indian historical fiction novel 'The Rise of Sivagami' published in March 2017?

A) Arundhati Roy B) Amish Tripathi
C) Devdutt Pattanaik D) Anand Neelakantan
 
Answer & Explanation Answer: D) Anand Neelakantan

Explanation:
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Filed Under: Books and Authors
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

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

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Q:

Name the Indian golfer who won the Royal Cup at Pattaya on 31 December 2017. This was his third Asian Tour title of 2017.

A) Khalin Joshi B) Jyoti Randhawa
C) Shiv Kapur D) Gaganjeet Bhullar
 
Answer & Explanation Answer: C) Shiv Kapur

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

0 1013
Q:

Arrange the following words as per order in the dictionary and then choose the one which comes last.

A) Qualify B) Quarter
C) Quarrel D) Quaver
 
Answer & Explanation Answer: D) Quaver

Explanation:
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