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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:

In Jan 2016, who among the following was chosen as the new face for Incredible India Campaign?

A) Aamir Khan B) Amitabh Bachchan
C) Shah Rukh Khan D) Salman Khan
 
Answer & Explanation Answer: B) Amitabh Bachchan

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

An indifference curve measures the same level of ___________

A) Output from two factors B) Satisfaction from two commodities
C) Satisfaction from Income and Capital D) Satisfaction from expenditure and savings
 
Answer & Explanation Answer: B) Satisfaction from two commodities

Explanation:
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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:

What is the valency of magnesium?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The universal natural auxin of plants is

A) IBA B) Citric auxin
C) NAA D) IAA
 
Answer & Explanation Answer: D) IAA

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

___ is known as a disease mostly caused by occupational health hazards.

A) Syphilis B) Cirrhosis
C) Silicosis D) Parkinson's
 
Answer & Explanation Answer: C) Silicosis

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , 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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