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
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Q:

Which country has released its next-generation 'Xian' H-20 stealth bomber?

A) China B) USA
C) India D) Japan
 
Answer & Explanation Answer: A) China

Explanation:
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Q:

‘Swavalamban Sashakt – Mega Campaign’ has been launched by Confederation of Women Entrepreneurs of India (COWE) and ………….?

A) SIDBI B) LIC
C) ECGC D) DRDO
 
Answer & Explanation Answer: A) SIDBI

Explanation:
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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.

 

least resistance. _______________ far the larger portion

 

A) By   B) with  
C) Along   D) Such
 
Answer & Explanation Answer: A) By  

Explanation:
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Exam Prep: Bank Exams , GRE , TOEFL

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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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Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

 

A) Rs 3.11 lakh crore B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore D) Rs 7 lakh crore
 
Answer & Explanation Answer: C) Rs 2.11 lakh crore

Explanation:
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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'.


From the perspective of positive psychology, mental (1)/ health may include an individual's ability to create a balance (2)/ between life activities and efforts to
achieve psychology resilience. (3)/ No error (4)

 

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

Explanation:
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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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