Questions

Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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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
Exam Prep: Bank Exams

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Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

On 3 January 2018, Lok Sabha passed Ancient Monuments and Archaeological Sites and Remains (Amendment) Bill, 2017. The Bill empowers which agency/authority to consider an impact assessment of proposed works in prohibited area?

A) Indian Monument Agency B) National Monument Authority
C) National Monumental and Ancient Site Conservation Authority D) None of these
 
Answer & Explanation Answer: B) National Monument Authority

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In the following question, four groups of three numbers are given. In each group the second and third number are related to the first number by aLogic/Rule/Relation. Three are similar on basis of same Logic/Rule/Relation. Select the odd one out from the given alternatives.

A) (61, 64, 71) B) (57, 60, 69)
C) (75, 78, 85) D) (89, 92, 99)
 
Answer & Explanation Answer: B) (57, 60, 69)

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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.

 

Let us examine the facts in the case more ____________. First of all, language is no more ____________ a medium; it is like air to the creatures of the land or water to fishes. If it is perfectly clear and pure, we do not notice it any more than we notice pure air when the sun is shining ________ a clear sky, or the taste of pure cool water when we drink a glass __________ a hot day. Unless the sun is shining, there is no brightness; unless the water is cool, there is __________ refreshment.

 

when we drink a glass __________ a hot day.

 

A) on   B) onto  
C) of   D) for
 
Answer & Explanation Answer: A) on  

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

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If
a sentence is free from error, select 'No Error'.


From the perspective of positive psychology, mental (1)/ health may include an individual's ability to create a balance (2)/ between life activities and efforts to
achieve psychology resilience. (3)/ No error (4)

 

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.


The Queen was deeply affected, and said to the old woman, “What can I do for you?”

 

A) The Queen asked the old woman if she could do something for her.   B) The Queen was deeply affected and asked the old woman what she could do for her.  
C) The Queen was deeply affected so she asked the old woman what her majesty could do for her.   D)  The Queen asked the old woman if she could help her as she was deeply affected.  
 
Answer & Explanation Answer: B) The Queen was deeply affected and asked the old woman what she could do for her.  

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Filed Under: English
Exam Prep: Bank Exams

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