Questions

Chintaman Dwarkanath Deshmukh, a member of the Indian Civil Service, was the first Indian Governor of the Bank.

Some of the risks faced by entrepreneur of small business are:-

1. Funding of capital.
2. Adequate cashflows.
3. Social and family pressures.
4. Interference with personal lives.
5. psychological pressure.
6.Lack of motivation

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