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

0 831

Q:

The Shanti Swarup Bhatnagar Prize is annually awarded for outstanding achievement in which area?

A) Science and Technology	B) Indian Classical Music
C) Tribal Art Forms	D) Literature

Answer & Explanation Answer: A) Science and Technology

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

1 831

Q:

Apollo 11, the first artificial satellite that landed humans on moon, was launched in which year?

A) 1975	B) 1968
C) 1969	D) 1958

Answer & Explanation Answer: C) 1969

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

1 830

Q:

The new digital payment application launched by India Post Payments Bank?

A) Dak Pay	B) Dak Digital
C) Post Pay	D) IPPB Pay

Answer & Explanation Answer: A) Dak Pay

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 830

Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates	B) will have no effect on interest rates
C) will increase supply of loanable funds	D) will put upward pressure on interest rates

Answer & Explanation Answer: D) will put upward pressure on interest rates

Explanation:

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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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 830

Q:

When a person can see only nearby objects, the condition is called

A) Hypermetropia	B) Astigmatism
C) Myopia	D) Retinopathy

Answer & Explanation Answer: C) Myopia

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

1 830

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

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