Exams


Q:

Sambalpur is located in 

A) Odisha B) Uttarachand
C) Bihar D) West Bengal
 
Answer & Explanation Answer: A) Odisha

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

A beedi making workshop can hire 5 women by paying them Rs. 300 per day. The 6th woman demands Rs. 350 per day. If this woman is hired then all other women must be paid Rs. 350. The marginal resource (labour) cost of the 6th woman is

A) Rs. 600 B) Rs. 50
C) Rs. 300 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 600

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the name of the scheme for the Employees State Insurance Corporation (ESIC) beneficiaries launched in Delhi region?

A) Sakushal Humesha B) Kahin bhi kabhi bhi
C) Jeevan Arogya D) Shramik Kalyan
 
Answer & Explanation Answer: B) Kahin bhi kabhi bhi

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

An indifference curve measures the same level of ___________

A) Output from two factors B) Satisfaction from two commodities
C) Satisfaction from Income and Capital D) Satisfaction from expenditure and savings
 
Answer & Explanation Answer: B) Satisfaction from two commodities

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement I: No bombs are mortar

Statement II: All rockets are bombs

 

Conclusion I: All mortar are rockets

Conclusion II: Some bombs are rockets

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows  
 
Answer & Explanation Answer: B) Only conclusion II follows

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Filed Under: Statement and Conclusions
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:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

___ is not a chemical change.

A) Cooking an egg B) Melting an ice cube
C) Baking a cake D) Rotting Bananas
 
Answer & Explanation Answer: B) Melting an ice cube

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Filed Under: Chemistry
Exam Prep: Bank Exams

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