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

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Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5 B) 1
C) 2.5 D) 8
 
Answer & Explanation Answer: B) 1

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

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Q:

How many full member teams were in ICC Cricket World Cup T20 - 2016 other than the host country?

A) Seven B) Eight
C) Nine D) Ten
 
Answer & Explanation Answer: C) Nine

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

NOA, PQB, RSC, ?

A) TUD B) TVD
C) TUE D) TVE
 
Answer & Explanation Answer: A) TUD

Explanation:
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Q:

Which aircraft carrier was formally inducted into the Indian Navy by Prime Minister Narendra Modi in the year 2014?

A) INS Vikrant B) INS Vikramaditya
C) INS Viraat D) INS Chakra
 
Answer & Explanation Answer: B) INS Vikramaditya

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

There is now a reasonably ______ body of evidence suggesting that, even from the most rigorous scientific perspective, unselfishness and concern for others are not only in our own interests but also, in a sense, innate to our biological nature.

A) substantial B) small
C) insignificant D) ethereal
 
Answer & Explanation Answer: A) substantial

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The general consensus is that the millennial _____________ with taking pictures of everything stems from the tendency to over- share on social media, but it may also be a manifestation _______________ our relationship with an increasingly unstable present. When everything around you _______________ before you can register it, it is tempting to reach into your pocket for your smartphone, click away, and think about it later, even ___________ the subject is as simple as a slice of toast. The selfie may be narcissistic, but it is ___________ a self-portrait that anchors you to a time and place, be it your first holiday abroad or the nightclub you visit every weekend.

 

When everything around you _______________ before you can

 

A) change   B) changes  
C) changing   D) changed
 
Answer & Explanation Answer: B) changes  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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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'.

 

An online shop evoke the analogy of buying products or services (1)/ at a regular retailer or shopping centre; the process (2)/ is called business-to-consumer (B2C) e-commerce .(3)/ No error (4)

 

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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