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:

In 2016, the State Bank of India launched a new product called 'SBI Exclusif'. What is the financial nature of this product?

A) Insurance B) Mutual Fund Offering
C) Wealth Management D) Recurring Deposit Scheme
 
Answer & Explanation Answer: C) Wealth Management

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

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Q:

As per Economic survey 2017-18, the percentage contribution of the services sector to India's GDP will be in the range of

A) Between 40-50% B) Greater than 50%
C) Less than 30% D) Between 30-40%
 
Answer & Explanation Answer: B) Greater than 50%

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

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Q:

Identify a use of the isotope of uranium.

A) Fuel in nuclear reactors B) Treatment of goitre
C) Treatment of cancer D) Fuel in aeroplanes
 
Answer & Explanation Answer: A) Fuel in nuclear reactors

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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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.

 

This is the arresting and dominant fact about modern social discussion; that the quarrel is __________ merely about the difficulties, but about the aim. We agree about the evil; it is about the good that we should tear each ____________ eyes out. We all admit that a lazy aristocracy is a bad thing. We should not by ________ means all admit that an active aristocracy would be a good thing. We all feel angry with an irreligious priesthood; but some of us would _______ mad with disgust at a really religious one. Everyone is indignant if our army is weak, _____________ the people who would be even more indignant if it were strong.

 

We should not by ________ means all admit

 

 

A) anything B) anybody
C) anyways   D) any
 
Answer & Explanation Answer: D) any

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The closure ______ the workers adversely.

 

A) expected   B) effected  
C) accepted   D) affected
 
Answer & Explanation Answer: D) affected

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

'737 MAX' is the airliner of which famous company?

A) Boeing B) Qantas
C) Emirates D) Air Bus
 
Answer & Explanation Answer: A) Boeing

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

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Q:

Sea Guardian drones were obtained from which country?

A) France B) Russia
C) United States D) United Kingdom
 
Answer & Explanation Answer: C) United States

Explanation:

The Indian Navy has inducted two MQ-9B Sea Guardian unarmed drones procured from the U.S. on lease to enhance surveillance over the Indian Ocean Region (IOR).

 

 

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

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