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:

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

5 1066

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

1 1066

Q:

Who is the CEO of Flipkart in 2016?

A) Ananth Narayanan	B) Mukesh Bansal
C) Binny Bansal	D) Sachin Bansal

Answer & Explanation Answer: C) Binny Bansal

Explanation:

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Filed Under: Famous Personalities
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

1 1065

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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Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost.	B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota.	D) constitutes a general case for permanent tariffs.

Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

Explanation:

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Filed Under: Indian Economy
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

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