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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Q:

The SI unit of electric charge is

A) ohm B) volt
C) ampere D) coulomb
 
Answer & Explanation Answer: D) coulomb

Explanation:
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Q:

Which Indian Maharashtra Company has been the title sponsor of Hockey India League since 2016?

A) Gas Authority of India (GAIL) B) National Thermal Power Corporation (NTPC)
C) Coal India Limited (CIL) D) Oil and Natural Gas Corporation (ONGC)
 
Answer & Explanation Answer: C) Coal India Limited (CIL)

Explanation:
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Q:

In March 2016 National Green Tribunal imposed an initial compensation of Rs. 5 crore on ___ for tampering with the Yamuna river's flood plains.

A) Kalki Avatar Foundation B) Art of Living Foundation
C) Emisaries of Divine Light D) Sant Nirankari Mission
 
Answer & Explanation Answer: B) Art of Living Foundation

Explanation:
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Q:

What is the basic unit of classification in taxonomy?

A) Genus B) Species
C) Family D) Order
 
Answer & Explanation Answer: B) Species

Explanation:
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Filed Under: General Science
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Q:

In each of the following questions, a question is followed by information given in three statements. You have to decide the information given in which of the statements
is necessary and sufficient to answer the questions:


A, B, C, D and E are sitting in a circle. Are all of them facing the centre?


I. A is sitting second to the right of D; C is facing the centre and is not an immediate neighbour of D.
II. B, who is sitting between C and D, is second to the right of E, who is not an immediate neighbour of C. B and A are facing each other.
III. D is sitting on the immediate left of B, who is not sitting on the immediate left of A. E is on the immediate right of D.

A) Only I and II B) Only I and III
C) Either I and II, or III D) Any two of the three
 
Answer & Explanation Answer: D) Any two of the three

Explanation:
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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

Explanation:
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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

Explanation:
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