Questions

Q:

Article 36 to Article 51 of Indian Constitutional mainly deals with Directive Principles of State Policy, given in ______ of Indian Constitution.

 

A) Part II B) Part III
C) Part IV D) Part V
 
Answer & Explanation Answer: C) Part IV

Explanation:
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Filed Under: Indian Politics
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:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill seeks to revise the pension for Chief Justice of India to a maximum of how much amount per annum?

 

A) Rs 16,80,000   B) Rs 20,80,000  
C) Rs 25,80,000   D) Rs 10,80,000  
 
Answer & Explanation Answer: A) Rs 16,80,000  

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

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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

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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.

 

Left to itself, then, attention _____________ obeys natural laws and follows the line of least resistance. _______________ far the larger portion of our attention is of this type. Thought often runs on hour after hour when we are neither conscious of effort _____________ struggle to compel us to cease thinking about this thing and begin thinking about _________. Indeed, it may be doubted ___________ this is not the case with some persons for days at a time, instead of hours. The things that present themselves to the mind are the things which occupy it; the character of the thought is determined by the character of our interests.

 

Left to itself, then, attention _____________ obeys natural laws

 

A) simple   B) simply  
C) simplification   D) simplicity
 
Answer & Explanation Answer: B) simply  

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.

 

While provisions on equality and non-discrimination (1)/ would promote equal opportunity, (2)/ in the process, reservation at jobs should not be denied. (3)/ No error.(4)

 

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
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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