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:

Human blood platelets releases ___ which helps in clotting of blood.

A) Prothrombin B) Fibrin
C) Fructose D) Sucrose
 
Answer & Explanation Answer: A) Prothrombin

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

What does IMF stand for?

A) International Monetary Fund B) Indian Money Fund
C) International Machine Federation D) Institute of Monetary Finance
 
Answer & Explanation Answer: A) International Monetary Fund

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

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Q:

Which celebrity is the author of the book 'An Unsuitable Boy'?

A) Shatrughan Sinha B) Shah Rukh Khan
C) Karan Johar D) Khuswant Singh
 
Answer & Explanation Answer: C) Karan Johar

Explanation:
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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

World Environment Day is observed on

A) February 28 B) May 16
C) June 05 D) September 12
 
Answer & Explanation Answer: C) June 05

Explanation:
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Filed Under: Important Days and Years
Exam Prep: Bank Exams

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Q:

Which country hosted the Asian Women's Boxing Championship in 2017 when India's iconic boxer Mary Kom won gold?

A) Vietnam B) China
C) Indonesia D) Japan
 
Answer & Explanation Answer: A) Vietnam

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which state organized India's first Tribal Entrepreneurship Summit in November 2017?

A) Jharkhand B) Chhattisgarh
C) West Bengal D) Odisha
 
Answer & Explanation Answer: B) Chhattisgarh

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

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Q:

The term 'Macro Economics' was used by __________

A) J.M. Keynes B) Ragner Frisch
C) Ragner Nurkse D) Prof. Knight
 
Answer & Explanation Answer: B) Ragner Frisch

Explanation:
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Filed Under: Indian Economy

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