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

0 1051

Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost.	B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota.	D) constitutes a general case for permanent tariffs.

Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is income available with a person after deducting for taxes called?

A) Disposable Income	B) Cash Income
C) Salary	D) General Income

Answer & Explanation Answer: A) Disposable Income

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

2 1051

Q:

Which of the following is added to iron to make iron hard and strong?

A) Zinc	B) Copper
C) Carbon	D) Sodium

Answer & Explanation Answer: C) Carbon

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

1 1051

Q:

Who is the CEO of Flipkart in 2016?

A) Ananth Narayanan	B) Mukesh Bansal
C) Binny Bansal	D) Sachin Bansal

Answer & Explanation Answer: C) Binny Bansal

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Name the architect who designed New Delhi.

A) Le Corbusier	B) Sir Edwin Lutyens
C) Andrew Paul	D) George Baker

Answer & Explanation Answer: B) Sir Edwin Lutyens

Explanation:

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Filed Under: Famous Personalities
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Q:

Who of the following founded the Vikramashila University?

A) Devapala I	B) Dharmpala
C) Gopala	D) Devapala II

Answer & Explanation Answer: B) Dharmpala

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which of the following is not a renewable source of energy?

A) Solar	B) Wind
C) Ocean waves	D) Coal

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