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Q:

As of 2018, who is the chairman of the University Grants Commission (UGC)?

A) Najma Heptulla B) Anil Saharbudhe
C) V.K. Saraswat D) D.P. Singh
 
Answer & Explanation Answer: D) D.P. Singh

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In which year was Facebook started?

A) 2002 B) 2004
C) 2008 D) 2009
 
Answer & Explanation Answer: B) 2004

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Filed Under: General Awareness
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Q:

When was the ASLV used in India for the first time?

A) 1980 B) 1987
C) 1994 D) 2000
 
Answer & Explanation Answer: B) 1987

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Filed Under: General Science
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Q:

__ won the FIFA Ballon d'Or award for the best player in the World in 2015.

A) Cristiano Ronaldo B) Neymar
C) Lionel Messi D) Luis Suarez
 
Answer & Explanation Answer: C) Lionel Messi

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Filed Under: Honours and Awards
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Q:

Which of the following is not a constituent of biogas?

A) Carbon dioxide B) Hydrogen Sulphide
C) Methane D) Carbon Monoxide
 
Answer & Explanation Answer: A) Carbon dioxide

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Filed Under: Chemistry
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Q:

A beedi making workshop can hire 5 women by paying them Rs. 300 per day. The 6th woman demands Rs. 350 per day. If this woman is hired then all other women must be paid Rs. 350. The marginal resource (labour) cost of the 6th woman is

A) Rs. 600 B) Rs. 50
C) Rs. 300 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 600

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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 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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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