Questions

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 Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view _______________ ensuring that they did not collapse taking ____________________ them the rest of the financial system. These assets __________________ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______________________ with loans made by them to an individual with negative net worth.


______________________ the Troubled Asset Relief Program (TARP)

A) Below B) Down
C) Lower D) Under
 
Answer & Explanation Answer: D) Under

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

For what is Radiocarbon dating technique used?

A) To estimate soil contamination B) To estimate the amount of water in fossils
C) To estimate the age of fossils D) To estimate the quality of soil
 
Answer & Explanation Answer: C) To estimate the age of fossils

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

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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day B) Rs 12,000 per day
C) Rs 15,000 per day D) Rs 20,000 per day
 
Answer & Explanation Answer: A) Rs 5000 per day

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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

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Q:

Davis Cup 2015 final was held in ___.

A) UK B) Australia
C) Belgium D) Argentina
 
Answer & Explanation Answer: C) Belgium

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Select the missing numbers from the given alternatives

A) 30 B) 35
C) 20 D) 25
 
Answer & Explanation Answer: B) 35

Explanation:
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Q:

In January 2018, Aziz Ansari became the first Indian-American and first Asian to win a Golden Globe award for which comedy series?

 

A) Parent Trap B) Running North
C) Master of None D) Gone with the wind
 
Answer & Explanation Answer: C) Master of None

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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