Description : What are the three key components' of the WTO? A. A Senate, a Judiciary and a Directorate B. A Trade Commission, a Dispute Settlement Body and a Council of Ministers C. An Executive ... and an Enforcement apparatus D. A Board of Governors, the Assembly of Member States and a Steering Committee
Last Answer : C. An Executive apparatus, a Legislative apparatus and an Enforcement apparatus
Description : Which of the statements are correct about a Central University? 1. Central University is established under an Act of Parliament. 2. The President of India acts as the visitor of the University. 3. The President has the power to nominate some ... 4 (B) 1, 3 and 4 (C) 1, 2 and 3 (D) 1, 2, 3 and 4
Last Answer : Answer: C
Description : )The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system
Last Answer : (4) aspects of generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system Explanation: The Central Board of Direct Taxes (CBDT) ... steps to prevent generation of illicit funds through transactions in property, bullion and equity market.
Description : The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system
Last Answer : aspects of generation of black money, its transfer abroad and bringing back such money into India’s legitimate financial system
Description : Which of the following is not included under World Bank objective? A. Reconstruction and Economic Development B. Encouragement to Capital Investment C. Balance Development D. Delayed Implementation
Last Answer : D. Delayed Implementation
Description : Which of the following estimates National Income in India: A. Central Statistical Organisation B. National Income Committee C. Planning Commission D. Reserve bank of India
Last Answer : A. Central Statistical Organisation
Description : The minimum members of Board of governance in World Bank may be: A. 12 B. 15 C. 18 D. 20
Last Answer : A. 12
Description : Who acts as the Chairman of the State Planning Board? (1) Governor (2) Chief Minister (3) Leader of the Opposition (4) Speaker
Last Answer : (2) Chief Minister Explanation: The State Planning Board is an advisory board under the state goverriment. It is chaired by the Chief Minister of the state. The Administrative Reforms Commission ... boards should have their own secretariat to help them in the adequate discharge of these functions.
Description : An audit committee must be comprised of outside directors. Which of the following is considered an outside director? a. A consultant to the company. b. A member of company management. c. The company's independent auditor. d. A retired executive from another company
Last Answer : A retired executive from another company
Description : The functions of State Board are given under: A. Section 16 B. Section 17 C. Section 21 D. Section 45
Last Answer : B. Section 17
Description : The functions of Central Board are given under: A. Section 16 B. Section 19 C. Section 25 D. Section 24
Last Answer : A. Section 16
Description : Practically, what is the most significant organ of the WTO? A. The Committee on Trade and Development B. The Council for Trade in Goods C. The General Council D. The Ministerial Conference
Last Answer : C. The General Council
Description : Theoretically, what is the most significant organ of the WTO? A. The Committee on Trade and Development B. The Council for Trade in Goods C. The General Council D. The Ministerial Conference
Last Answer : D. The Ministerial Conference
Description : Who is Paul A. Volcker ? (1) Coauthor of the book Mitrokhin Archives II (2) Under-Secretary General of UN (3) Chairman of the Committee appointed by the UN to investigate the ‘oil-for-food’ programme (4) US Administrator in Iraq
Last Answer : Chairman of the Committee appointed by the UN to investigate the ‘oil-for-food’ programme
Description : Which of the following is least likely included in an auditor's inquiry of management while obtaining information to identify the risks of material misstatement due to fraud? a. Are financial reporting ... d. Has it reported to the audit committee the nature of the company's internal control?
Last Answer : Are financial reporting operations controlled by and limited to one location?
Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy
Last Answer : Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures
Last Answer : Relationships with national governments
Description : Which of these are not included in territory sector? A. Banking B. Insurance C. Agriculture D. Transport
Last Answer : C. Agriculture
Description : Which of the following stages is not included in AIDAS theory? A. Gaining interest B. Evaluation C. Securing attention D. Inducing action E. Building satisfaction.
Last Answer : B. Evaluation
Description : In determining reasonable time for the purpose of payment of a negotiable instrument A. Public holidays are included B. Public holidays are excluded C. Only the holidays observed by the banks are excluded D. None of the above.
Last Answer : B. Public holidays are excluded
Description : Which of the following has the primary responsibility for the fairness of the representations made in the financial statements? a. Audit committee b. Client's management c. Independent auditor d. Board of Accountancy
Last Answer : Client's management
Description : Whom should auditors contact when they suspect a fraud? a. Senior management b. Expected perpetrators of the fraud c. Audit committee of the board of directors d. A and C
Last Answer : A and C
Description : Management's attitude toward aggressive financial reporting and its emphasis on meeting projected profit goals most likely would significantly influence an entity's control environment when a. External ... d. The audit committee is active in overseeing the entity's financial reporting policies
Last Answer : Management is dominated by one individual who is also a shareholder
Description : To emphasize auditor independence from management, many corporations follow the practice of a. Appointing a partner of the CPA firm conducting the examination to the corporation's audit committee. b ... the independent auditor report to an audit committee of outside members of the board of directors
Last Answer : Having the independent auditor report to an audit committee of outside members of the board of directors
Description : IBRD (International Bank for Reconstruction and Development) also known as A. Exim Bank B. World Bank C. International Monetary fund D. International Bank
Last Answer : B. World Bank
Description : International Finance Corporation formed as a ________body of the World Bank. A. As a subsidiary body B. As a main body C. As a competitive body D. As a holding body
Last Answer : A. As a subsidiary body
Description : The World Bank formed as a _________body of IMF. A. Complementary Body B. Competitive Body C. Legal Body D. None of the above
Last Answer : A. Complementary Body
Description : When India became member of World Bank? A. In 1945 B. In 1950 C. In 1975 D. None of these
Last Answer : A. In 1945
Description : World Bank provides loan to the member country: A. From own funds B. From Borrowings C. By Gurantee D. By issuing the dollars E. From (A), (B) and (C)
Last Answer : E. From (A), (B) and (C)
Description : What were the initial capital of World Bank? A. 10,000 million $ B. 12,000 million $ C. 2,000 million $ D. 18,405 million $
Last Answer : A. 10,000 million $
Description : The World Bank formed on: A. 1944 B. 1966 C. 1980 D. 1970
Last Answer : A. 1944
Description : The bank which has the highest number of branches in the world is? A. State Bank of India B. RBS C. London Bank D. Canara Bank
Last Answer : A. State Bank of India
Description : When can a corporation or association incorporated under the Philippine laws and with foreign investors be granted radio station license? A. When 60% of the capital is owned by Filipino citizens B. ... of the board is a Filipino D. When the president of the corporation/association is a Filipino
Last Answer : A. When 60% of the capital is owned by Filipino citizens
Description : The Union Executive of India consists of: (1) The President; Vice-President, Lok Sabha Speaker and the Council of Ministers (2) The President, Deputy Chairman of the Rajya Sabha, Lok Sabha ... and the Council of Ministers only (4) The President, Vice-President and the Council of Ministers only
Last Answer : (4) The President, VicePresident and the Council of Ministers only Explanation: Union Executive consists of the President, the Vice-President, the Price Minister and Council of Ministers and the Attorney General.
Description : Who among the following is the de facto executive head of the Planning Commission? (1) Chairman (2) Deputy Chairman (3) Minister of State for Planning (4) Member Secretary
Last Answer : (2) Deputy Chairman Explanation: The Prime Minister of India is the ex officio chairman of the Planning Commission. The Deputy Chairman is the defacto executive head.
Description : Who among the following is the defacto executive head of the Planning Commission? (A) Chairman (B) Deputy Chairman (C) Minister of State for Planning (D) Member Secretary
Last Answer : (B) Deputy Chairman
Description : Inherent risk is defined as the susceptibility of an account balance or class of transactions to error that could be material assuming that there were no related internal controls. Of the following ... . d. The client has lost a major customer accounting for approximately 30% of annual revenue.
Last Answer : Internal control over shipping, billing, and recording of sales revenue is weak.
Description : Who among the following holds office during the pleasure of the President of India? (1) Chief Election Commissioner (2) Comptroller and Auditor General of India (3) Chairman of the Union Public Service Commission (4) Governor of a State
Last Answer : (2) Comptroller and Auditor General of India Explanation: The appointment to all constitutional posts is made by the President of India. This includes the Chief justice, the Election Commissioner, ... of the Union Public Service Commission holds office during the pleasure of the President of India.
Description : Who is the chairman of GST council? (A) RBI Governor (B) Prime Minister (C) Finance secretary (D) Finance Minister
Last Answer : (D) Finance Minister
Description : Who among the following holds office during the pleasure of the President of India? (A) Chief Election Commissioner (B) Comptroller and Auditor General of India (C) Chairman of the Union Public Service Commission (D) Governor of a State
Last Answer : (D) Governor of a State
Description : By whom is the Chairman of the Public Accounts Committee of the Parliament appointed? -General Knowledge
Last Answer : answer:
Description : Who was the Chairman of the Drafting Committee of the Indian Constitution? -General Knowledge
Last Answer : The answer is 'B. R.Ambedkar'
Description : Who was the Chairman’ of the Union Constitution Committee of the Constituent Assembly? -General Knowledge
Last Answer : The answer is 'Jawaharlal Nehru '
Description : Who was the chairman of National Income Committee? -Do You Know?
Last Answer : In 1949, soon after the establishment of independent India, the National Income Committee (NIC) was formed to compile statistics and estimate national income. The committee was headed by P.C. Maharanobis and included D.R. Gadgil and V.K.N.V. Rao.
Description : By whom is the Chairman of Public Accounts Committee appointed? -Do You Know?
Description : In 1889 a British Committee of the Indian National Congress was started. Who was its Chairman? -Do You Know?
Last Answer : In July 1889, a permanent committee was established with Wedderburn as chairman and Digby as secretary. Bradlaugh died in 1891, but the British committee of the Congress had been able to establish an Indian Parliamentary Committee pressure group.
Description : Who was the Chairman’ of the Union Constitution Committee of the Constituent Assembly? -Do You Know?
Last Answer : On 29 August, 1947, the Constituent Assembly set up a Drafting Committee under the Chairmanship of Dr. B.R. Ambedkar to prepare a Draft Constitution for India.