Questions

Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million B) $250 million
C) $580 million D) $610 million
 
Answer & Explanation Answer: B) $250 million

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In which of the following is true for instruments of Monetary Policy?

A) Open market operations B) Bank rate policy
C) Selective credit controls D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

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Filed Under: Indian Economy
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Q:

The Central Government has launched which of the following app to verify the GST (Goods and Services Tax) Rates under the GST regime?

A) GST Rate Searcher B) GST Rate Explorer
C) GST Rate Finder D) GST Rate Google
 
Answer & Explanation Answer: C) GST Rate Finder

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Filed Under: Indian Economy
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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Biographies of great men can also help us in learning good manners.
Q: Courtesy and politeness is the key to good manners.
R: No doubt these are little words but if they are spoken at the right moment and in a soft and sweet voice, they are bound to work wonders.
S: The use of polite words like "Sorry", "Please", "Thank you", "Beg your pardon", "Sir" etc. creates a healthy impact on the minds of others.

 

A) PRSQ B) RPSQ
C) QPSR D) SPQR
 
Answer & Explanation Answer: C) QPSR

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Filed Under: English
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'.

 

The most effective measure to keep (1)/ our roads safe is enforcement of rules (2)/ with zero tolerance to any violate rule. (3)/ No error. (4)

 

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

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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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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Q:

A particle experiences constant acceleration for 20 s after starting from rest. If it travels a distance X1, in the first 10 s and distance X2 in the remaining 10 s, then which of the following is true?

 

A) X2 = 2X1 B) X1 = 3X2
C) X2 = X1 D) X2 = 3X1
 
Answer & Explanation Answer: D) X2 = 3X1

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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