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Q:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000 B) 10000
C) 15000 D) 12000
 
Answer & Explanation Answer: A) 20000

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

 

A) 2 B) 5
C) 10 D) 20
 
Answer & Explanation Answer: B) 5

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Filed Under: Indian Economy
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
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Q:

In accordance to the Construction, Protection of Life and Personal Liberty is granted under which Article?

A) Article 20 B) Article 21
C) Article 22 D) Article 23
 
Answer & Explanation Answer: B) Article 21

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The table given below shows the number of applicants who have applied for exam at various centres as percentage of total number of applicants. The table also shows the number online applicants and absent applicants as a percentage of total applicants of each centre. Total number of applicants is 1200000.

What is the ratio of total number of present applicants from exam centre K to total number of offline applicants from exam centre J?

A) 40 : 41 B) 80 : 81
C) 10 : 9 D) 7 : 11
 
Answer & Explanation Answer: B) 80 : 81

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Filed Under: Quantitative Aptitude - Data Interpretation
Exam Prep: Bank Exams

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Q:

The first flight of SARAS PT1N, the new upgraded version of indigenous developed transport aircraft SARAS, took off from ______.

 

A) Hyderabad B) New Delhi  
C) Bengaluru   D) Chennai
 
Answer & Explanation Answer: C) Bengaluru  

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

What is the increase in the number of workdays under the rural job guarantee scheme (MNREGA) in drought-affected areas?

A) 10 B) 25
C) 40 D) 50
 
Answer & Explanation Answer: D) 50

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which country among the following voted in 2015 to be the first country to allow three parent in-vitro fertilization?

 

A) Britain B) USA
C) France D) Italy
 
Answer & Explanation Answer: A) Britain

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Filed Under: General Awareness
Exam Prep: Bank Exams

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