Questions

Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million B) $250 million
C) $580 million D) $610 million
 
Answer & Explanation Answer: B) $250 million

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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

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

She said to me, "I always drink a cup of green tea as soon as I get up."

A) She told me that she always drank a cup of green tea as soon as she got up. B) She told me that she always drunk a cup of green tea as soon as she got up.
C) She had told me that she always drinks a cup of green tea as soon as she got up. D) She told me that she always drank a cup of green tea as soon as she would be getting up.
 
Answer & Explanation Answer: A) She told me that she always drank a cup of green tea as soon as she got up.

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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'.
I am coming directly(A)/to my office(B)/from the station.(C)/No error(D)

A) B B) A
C) D D) C
 
Answer & Explanation Answer: A) B

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Q:

The female reproductive part of a flower is called

A) Petals B) Sepals
C) Carpel D) Stamens
 
Answer & Explanation Answer: C) Carpel

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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.

 

but it is ___________ a self-portrait that anchors

 

A) all   B) then  
C) such   D) also
 
Answer & Explanation Answer: D) also

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Q:

Who won majority of the men's singles tennis grand slam tournaments in 2015?

A) Andy Murray B) Novak Djokovic
C) Roger Federer D) Stanislas Wawrinka
 
Answer & Explanation Answer: B) Novak Djokovic

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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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