Questions

Q:

Which aircraft carrier was formally inducted into the Indian Navy by Prime Minister Narendra Modi in the year 2014?

A) INS Vikrant B) INS Vikramaditya
C) INS Viraat D) INS Chakra
 
Answer & Explanation Answer: B) INS Vikramaditya

Explanation:
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Filed Under: General Awareness
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:

At the beginning of the 4th centuary CE, the Guptas established a small kingdom in ___.

A) Vatapi B) Magadh
C) Malwa D) Avadh
 
Answer & Explanation Answer: B) Magadh

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

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Q:

Select the missing number from the given alternatives

A) 19 B) 22
C) 26 D) 25
 
Answer & Explanation Answer: D) 25

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: If the intention is just to consume whatever comes from the West, then it is harmful.
Q: Some of its effects are really helping and positive as it increases initiative and entrepreneurship qualities provided taken in that spirit.
R: At the same time state’s strategic intervention is essential because more than 40% of people live below poverty line.
S: The impact of economic reforms are mixed.

 

A) SRQP B) SQPR
C) RQPS D) QPSR
 
Answer & Explanation Answer: B) SQPR

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Filed Under: English
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.

 

The general consensus is that the millennial _____________ with taking pictures of everything stems from the tendency to over- share on social media, but it may also be a manifestation _______________ our relationship with an increasingly unstable present. When everything around you _______________ before you can register it, it is tempting to reach into your pocket for your smartphone, click away, and think about it later, even ___________ the subject is as simple as a slice of toast. The selfie may be narcissistic, but it is ___________ a self-portrait that anchors you to a time and place, be it your first holiday abroad or the nightclub you visit every weekend.

 

but it is ___________ a self-portrait that anchors

 

A) all   B) then  
C) such   D) also
 
Answer & Explanation Answer: D) also

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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 itby selecting the appropriate option.


Corruption not only generates black money but ______ criminals.

A) creeps B) breeds
C) deeds D) seeds
 
Answer & Explanation Answer: B) breeds

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Filed Under: English

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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