Direction:Study the given information carefully and answer the given question
P, Q, R, S, T, V, X and Y are seated in a straight line facing North. P sits fourth to the left of V. V sits either sixth from the left end of the line or fourth from the right end of the line. S sits second to the right of R. R is not an immediate neighbor of V. T and Q are immediate neighbours of each other but neither T not Q sits at extreme ends of the line. Only one person sits between T and X. X does not sit at the extreme end of the line
According to the passage, what is the main purpose of data protection laws ?
A
To ensure that foreign countries invest in research for drugs to treat diseases like TB
B
To attract Indian scientists back to the country
C
To prevent misuse of research to make profit by competing companies
D
To make clinical trials more acceptable to the public
E
None of these
Question 2Single Answer
‘Gram’ is relatd to ‘Mass’ in the same way as ‘Centimetre’ is related to
A
Area
B
Volume
C
Length
D
Sound
E
Energy
Question 3Single Answer
'Mustard' is related to 'Seed' in the same way as 'Carrot' is related to
A
Fruit
B
Stem
C
Flower
D
Root
E
None of these
Question 4Single Answer
Which of the following pairs of words have the same relationship as Fan : Heat?
A
Water : Drink
B
Light : Night
C
Teach : Student
D
Air : Breathe
E
Food : Hunger
Question 5Single Answer
'Radish' is related to 'Root', in the same way as 'Brinjal' is related to
A
Fruit
B
Stem
C
Flower
D
Root
E
None of these
Question 6Single Answer
'Jackal' is related to 'Carnivorous', in the same way as 'Goat' is related to
A
Omnivorous
B
Carnivorous
C
Herbivorous
D
Multivorous
E
None of these
Question 7Single Answer
Which of the following pairs has similar relationship as Run : Race?
A
Party : Dance
B
Study : Book
C
Lecture : Study
D
Enjoy : Journey
E
None of these
Question 8Single Answer
Which of the following has same relationship as that of Money : Wealth?
A
Pity : Kindness
B
Cruel : Anger
C
Wise : Education
D
Pride : Humility
E
None of these
Question 9Single Answer
Which of the following is related to ‘Melody’, in the same way as ‘Delicious’ is related to 'Taste'?
A
Memory
B
Highness
C
Tongue
D
Speak
E
Voice
Question 10Single Answer
Offhand’ is related to ‘Premeditation’ in the same way as ‘Above board’ is related to
A
Integrity
B
Honesty
C
Guide
D
Competition
E
None of these
Question 11Single Answer
5 : 7 : : ? : 28
A
20
B
14
C
56
D
26
E
None of these
Question 12Single Answer
Which one is different form the remaining three?
A
GIJK
B
DFGH
C
CEFG
D
ABCD
E
None of these
Question 13Single Answer
Three of the following four are alike in certain way and so form a group. Which is one that does not belong to the group?
A
71
B
73
C
77
D
67
E
None of these
Question 14Single Answer
Unscramble the letters in the given words and find the odd one out.
A
UMRSME
B
EIWNTR
C
PIGRSN
D
LCUOD
E
None of these
Question 15Single Answer
What should come next in the following number series?
0 2 4 6 2 3 0 2 4 6 4 5 0 2 4 6 6 7 0 2?
A
4
B
2
C
6
D
8
E
5
Numerical Ability
Question 16Single Answer
The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________ ?
A
51:52
B
52:53
C
51:53
D
52:55
Question 17Single Answer
Which of the following numbers is irrational ?
A
√49
B
0.125
C
√2
D
22/7
Question 18Single Answer
356 x 936 – 356 x 836 = ?
A
35600
B
34500
C
9630
D
93600
Question 19Single Answer
Arrange in descending order: 5/8, 7/10, 3/4
A
3/4 > 7/10 > 5/8
B
7/10 > 3/4 > 5/8
C
3/4 > 5/8 > 7/10
D
5/8 > 7/10 > 3/4
Question 20Single Answer
What is (3^{4} times 9^{2}) ?
A
36
B
38
C
310
D
96
Question 21Single Answer
If 34X-2 = 729, then find the value of X.
A
4
B
3
C
2
D
5
Question 22Single Answer
Convert 0.6 into fraction ?
A
3/5
B
2/3
C
4/5
Question 23Single Answer
The no. plate of a bus had peculiarity. The bus number was a perfect square. It was also a perfect square when the plate numbers were reversed. The bus company had only five hundred buses numbered from 1 to 500. What was the number ?
A
169
B
36
C
196
D
Can not say
Question 24Single Answer
If a and b are positive integers, such that ab = 125, then (a-b)a+b-4 = ?
A
16
B
25
C
28
D
30
Question 25Single Answer
If x*y = x2 + y2 – xy, then value of 9*11 is
A
93
B
103
C
60.5
D
121
Question 26Single Answer
Which is greater ?
A
15/16
B
17/18
C
Equal
D
Cannot compare
Question 27Single Answer
If sum of two numbers is 42 and their product is 437, then find their difference.
A
3
B
4
C
5
D
7
Question 28Single Answer
Write the 44000 in Roman numerals
A
XLI
B
XLVI
C
XLIV
D
XLVIC
Question 29Single Answer
Convert 0.0909… into fraction ?
A
1/11
B
9/11
C
1/9
D
9/10
Question 30Single Answer
What is (98 times 102) ?
A
9996
B
10000
C
10096
D
10196
General Awareness
Question 31Single Answer
Which if the following is TRUE about the meaning of a bank?
A
It is a financial establishment
B
It acts like a financial intermediary
C
It accepts deposits from the public
D
It provides safe locker facility
E
All the above
Question 32Single Answer
Which of the following is NOT true about the functioning of a bank ?
A
A bank should always add the word “bank” to its name.
B
They include general utility services and agency services.
C
A bank is a non-profit organization having service oriented approach.
D
A bank acts as a connecting link between borrowers and lenders of money.
E
A bank lends out money in the form of loans to those who require it for different purposes.
Question 33Single Answer
Which of the following is NOT a banking service?
A
Issuance of debit and credit cards
B
Providing safe custody of valuable items
C
ATM services
D
Provision for higher interest rates to the accounts held by women
E
Online transfer of funds across the globe
Question 34Single Answer
The definition of Banking is given in which of the following ACTs?
A
Negotiable Instrument Act 1881
B
Reserve Bank of India (RBI) Act 1934
C
Banking Regulation Act 1949
D
Company Act 1956
E
None of the above
Question 35Single Answer
Banks in India are regulated by :
A
The Reserve Bank of India Act,1934
B
The Banking regulation Act,1949
C
The Reserve Bank of India (Amendment and Misc. Provisions) Act, 1953
D
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
E
None of the above
Question 36Single Answer
Which of the following terms is used in Banking field ?
A
Zero Hour
B
Input devices
C
Privilege motion
D
Sedimentary
E
Invest rate swap
Question 37Single Answer
A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as?
A
Investment Banking
B
Core Banking
C
Mobile Banking
D
National Banking
E
Specialized Banking
Question 38Single Answer
Which of the following is necessary while opening deposit account in banks ?
A
Will
B
Registration
C
Nomination
D
Indemnity
E
Guarantee
Question 39Single Answer
Which of the following is not banking term?
A
Letter of credit
B
MIBOR
C
Factoring services
D
Entry load
E
None of the above
Question 40Single Answer
Systematic investment plans relates to:
A
Mutual Funds
B
Life Insurance Companies
C
Commercial Banks
D
Post office saving schemes
E
None of the above
Question 41Single Answer
Yojna a weekly journal
A
Ministry of Finance
B
Ministry of Information and Broadcastin
C
Ministry of Rural Development
D
Planning Commission
Question 42Single Answer
Kurukshetra a journal on rural development is published by
A
Ministry of Finance
B
Ministry of Information and Broadcastin
C
Ministry of Rural Development
D
Planning Commission
Question 43Single Answer
Devaluation of a currency means
A
Fixing the value of the currency in conjuction with the movement in the value of a basket of predetermined currencies
B
Reduction in the value of a currency vis-à-vis major internationally traded currencies
C
Fixing the value of currency in multilateral consultaion with the IMF the World Bank and major trading partners
D
Permitting the currency to seek its worth in the international market
Question 44Single Answer
In India rural incomes are generally lower than the urban incomes, which of the following reasons account for this
1. a large number of farmers are illiterate and know little about scientific agriculture
2. prices of primary products are lower than those of manufactured products
3. Investments in agriculture has been low when compared to investment in industry
A
1 and 3
B
2 and 3
C
1 and 2
D
1,2 and 3
Question 45Single Answer
Which of the following programmes aims at the promotion of savings among rural women
A
Rashtriya Mahila Kosh
B
Indira Mahila Yojna
C
Jawahar Rozgar Yojna
D
Mahila Samridhi Yojna
Question 46Single Answer
What is Net National Product
A
the money value of final goods and services produced annually in the economy
B
the money value of annual service generation in the economy
C
the money value of tangible goods produced annually in the economy
D
The money value of tangible goods available in the economy
Question 47Single Answer
National income is the
A
net national product at market price
B
net national product at factor cost
C
net domestic product at market price
D
net domestic product at factor cost
Question 48Single Answer
Chelliah Committee of 1992 deals with the overhauling of our
A
financial system
B
tax system
C
patents and copyrights
D
Public sector undertakings
Question 49Single Answer
During which Five Year Plan was the annual growth rate of National Income the lowest
A
2nd plan
B
3rd plan
C
5th plan
D
6th plan
Question 50Single Answer
Which of the following taxes is a progressive tax
A
sales tax
B
custom tax
C
excise tax
D
income tax
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General Awareness
Question 51Single Answer
Joha rice, which was seen in the news, is from which state/UT ?
A
West Bengal
B
Assam
C
Odisha
D
Bihar
Question 52Single Answer
Which Union Ministry announced changes in UAV Export Policy to make it simpler and liberalized ?
A
Ministry of Commerce and Industry
B
Ministry of MSME
C
Ministry of External Affairs
D
Ministry of Home Affairs
Question 53Single Answer
Archaeologists have unearthed a 4,000-year-old sanctuary in which country ?
A
Netherlands
B
Greece
C
Japan
D
China
Question 54Single Answer
Heliopolis Memorial, which was seen in the news, is located in which country ?
A
Japan
B
USA
C
Egypt
D
Germany
Question 55Single Answer
Which country leads the ‘Minerals Security Partnership (MSP)’ ?
A
USA
B
India
C
Germany
D
Italy
Question 56Single Answer
‘Arkadag’, a US$5 billion ‘smart’ city, was unveiled in which of the following countries to honor its former leader Gurbanguly Berdymukhamedov ?
A
Iran
B
Russia
C
Oman
D
Turkmenistan
Question 57Single Answer
Who among the following has been appointed as a special Director of the Central Bureau of Investigation (CBI) ?
A
Manoj Sashidhar
B
Ajay Bhatnagar
C
Sharad Agarwal
D
Anurag Joshi
Question 58Single Answer
In June 2023, which country will be collaborating with India in the defence sector, with a particular focus on the maritime domain ?
A
Thailand
B
Indonesia
C
The Philippines
D
Nepal
Question 59Single Answer
Who among the following would take over Markus Duesmann as the CEO & Chairman of Audi ?
A
Gernot Dollner
B
Oliver Hoffmann
C
Xavier Ros
D
Renate Vachenauer
Question 60Single Answer
How much amount has been approved by the World Bank to accelerate the development of India’s low-carbon energy sector ?
A
$2.4 billion
B
$3.1 billion
C
2 billion
D
1.5 billion
Management and Ethics
Question 61Single Answer
In the market- oriented system, for the allocation of resources which one the following is the most appropriate convevyor of information ?
A
Finance Ministry
B
Central Bank
C
Market Price
D
Advertisement Expenditure
Question 62Single Answer
A company supplies 20 units of a particular products per month, at a price of Rs 10 per unit. Is price elasticity of supply is 5, how many units would be company supply at a price of Rs 15 ?
A
50
B
70
C
40
D
5
Question 63Single Answer
Which characteristic is not likely to be a part of perfect competition ?
A
Absence of indepence
B
Deadweight loss is non-existent
C
Strong rivalry
D
Absence of advertisement
Question 64Single Answer
Match the items given in List-I and List-II by considering which of the following are macroeconomic issues and which are macroeconomic ones :
List-I. List-II
a. The level of government revenue. (i) Microeconomic
b. The rate of inflation (ii) Microeconomic
c. The price of T.V. set
d. The amount saved last year by households
A
Codes :
(a). (b). (c). (d)
(ii). (i). (i). (ii)
B
(ii). (i). (ii). (i)
C
(i). (ii). (ii). (ii)
D
(ii). (ii). (i). (ii)
Question 65Single Answer
In the recent years, World economy has witnessed the unfluence of unconventional monetary policy of the U.S.A. This policy stanse is known as :
A
Bank rate
B
Taylor rule
C
Reserve Requirement
D
Quantitative easing
Question 66Single Answer
Rita, a young enthusiastic manager has joined an organisation as a Project coordinator. The project head counsels her to socialize less with non- management employees; whereas the product head tells her to learn more about market issues. She should socialize more with the non-management employees. Rita is confused, she is facing :
A
Inter-role conflict
B
Intra-role conflict
C
Interdepartmental conflict
D
Hierarchical Conflict
Question 67Single Answer
List-I consists of Motivation theories and List-II consists of the Motivation theorists. You have to match them and indicate the correct match as per code :
List - I. List-II
a. Two-factor theory (i) David McClrlland
b. ERG theory. (ii) Fredrik Herzberg
c.Theory X and Therory Y. (iii) Douglas McGrrgor
d. Need theory. (iv) Clayton Alderger
A
Codes :
(a). (b). (c). (d)
(ii). (iv). (iii). (i)
B
(i). (ii). (iii). (iv)
C
(i). (iv). (ii). (iii)
D
(iv). (iii). (ii). (i)
Question 68Single Answer
The conflict over content and goals of the work is called :
A
Functional conflict
B
Process conflict
C
Relationship conflict
D
Task conflict
Question 69Single Answer
............. theory of motivation ignores the inner state of the individual and concentrate solely on what happen when he or she take some action :
A
Equity
B
Expectancy
C
Goal- setting
D
Reinforcement
Question 70Single Answer
In the "Big Five" personality factors widely accepted personality traits are mentioned. The trait of being dependable, organised, conforming and persevering on tasks is called :
A
Extroversion
B
Conscientiousness
C
Agreeableness
D
Emotional stability
Question 71Single Answer
Given below are for statements, Some of the statements are incorrect. You have to choose the correct one :
A
A satisfied employee is the motivated employee.
B
Employees who are happy "being around" are good contributors to the organisation.
C
Motivated employees do not need engagement.
D
Customer loyalty has been found to be positively correlated with employees engagement.
Question 72Single Answer
The author of the book "The World is Flat' : A Brief History of the Twenty First Century' is
A
Thomas L. Friedman
B
Raghuram Rajan
C
Michael Armstrong
D
Vineet Nayyar
Question 73Single Answer
ESOP stands for............. and wash developed by ...........
A
Employee Stock Ownership Plants; Wallace Forbes
B
Employee Stock Ownership Programs; Louis kelso
C
Employees Stock Ownership Plans; Louis Kelso
D
Employee Share Ownery Programs; Louis Kelso
Question 74Single Answer
Consider the following to statement :
Statement I : Bond value would decline when the market rate of interest Rises.
Statement II : There is a positive relationship between the value of Bond and the interest rate.
Select the correct code :
A
Codes :
Statement I and Statement II both are correct.
B
Statement I is correct, but statement II is incorrect.
C
Statement II is correct, but Statement I is incorrect.
D
Statement I and Statement II both are incorrect.
Question 75Single Answer
In the case of redeemable debenture is sued at discount and to be redeemed at par, approximate cost of debenture (before tax adjustment) will be equal to :
A
Rate of interest
B
amount of interest, dividend by Issue price
C
amount of interest divided by par value
D
Question 76Single Answer
While granting the term loan, if lending institution puts a condition to reduce the Dept-equity ratio by issuing additional equity share- capital or preference share capital, it is known as :
A
Asset-related restrictive covenant
B
Cash flow related restrictive covenant
C
Control related restrictive covenant
D
liabilities related restrictive covenant
Question 77Single Answer
According to Lintner's model of Corporate dividend behaviour, the dividend for the year 't', is dependent on :
I. earnings per share for the Year t
II. Dividend per share for the Year t-I
III. Adjustment rate
IV. target pay-out ratio
V. market price of share
A
Select the correct code :
I, II and III are correct.
B
II, III, IV and V are correct.
C
I, II, III and IV are correct.
D
I, II, IV and V correct.
Question 78Single Answer
Which of the following concept holds that consumers prefer the products which are easily available and are inexpensive ?
A
The product concept
B
The production concept
C
The selling concept
D
The Marketing concept.
Question 79Single Answer
....... is the added value in endowed to a product of or service ?
A
Brand equity
B
Brand image
C
Brand loyalty
D
Brand preference
Question 80Single Answer
The step after 'Concept testing' in the new product development process is :
A
Business analysis
B
Marketing strategy development
C
Product development
D
Test marketing
Question 81Single Answer
When the total market expands, the .........usually gains the most.
A
Market challenger
B
Market Leader
C
Market follower
D
Market nicher
Question 82Single Answer
'Large output per unit of space' is an orientation of which type of plant layout ?
A
Product layout
B
Process layout
C
Fixed- Position layout
D
Cellular layout
Question 83Single Answer
Which of the following is steps is the first step in production scheduling ?
A
Sequencing
B
Loading
C
Expenditure
D
classifying
Question 84Single Answer
A defence equipment manufacturing company uses Bolt at a constant rate of 10000 KG per year. The bolts cost Rs 80 per kg and the company estimates that it cost Rs 400 to place an order and the carrying cost of inventory is 10% per year. How frequently should orders for bolts placed ?
A
5
B
10
C
15
D
20
Question 85Single Answer
The number of allocated cells in the optimal solution table of transportation problem having m original and n destinasions is :
A
m + n - 1
B
m + n - 1 or more
C
m + n - 1 or less
D
m + n
Question 86Single Answer
The co-efficient of artificial variable in a Maximization problems of LP is :
A
M
B
- M
C
0
D
1
Question 87Single Answer
Management is a ____ directed process as it aims at achieving specific goals .
A
Future
B
Goal
C
Deliberately
D
Continuously
Question 88Single Answer
Chebyshev's theorm provides that at least 89% of the values will lie within +3 standard deviation from the mean for :
A
Bell-shaped distributions
B
Positively-skewed distribution
C
Negatively-Skewee distributions
D
All distributions
Question 89Single Answer
How many degree of freedom should be used to apply Chi- square test statistic on a contingency table , having 5 rows and 4 columns ?
A
20
B
12
C
7
D
9
Question 90Single Answer
The ...........and its alternative provides the ability to serve dynamic content to the browsers.
Which Windows interface element typically appears to display information, a warning, an error message, or a request for confirmation?
A
Window
B
Pop-up menu
C
Message box
D
Taskbar
Question 92Single Answer
What is active desktop ?
A
a term that is synonymous with viewing your desktop as web page
B
a feature to customize your desktop to display informating you can update from the internet
C
both a and b above mentioned
D
A software
E
None of these
Question 93Single Answer
What is meant by an active window?
A
A window that is minimized
B
The window currently receiving user input
C
Any window currently open
D
The window opened first
Question 94Single Answer
What was America Online (AOL) primarily known for during the early popularization of consumer Internet access?
A
An online service providing Internet access and proprietary online content
B
A computer operating system
C
A spreadsheet application
D
A database management system
Question 95Single Answer
An application is
A
word processing, accounting and engineering programs are example of application programs
B
computer program designed to enable users to perform specific job functions
C
Both a and b above mentioned
D
a document
E
None of these
Question 96Single Answer
Which of the following programs enables you to calculate numbers related to rows and columns?
A
Window program
B
Spreadsheet program
C
Graphics program
D
Word program
E
None of these
Question 97Single Answer
The term Briefcase is used for
A
a special folder on the windows desktop used to keep documents up to date when shared between computers
B
a window that us currently open
C
A folder which keeps deleted, files for a while and can be retrieved from it
D
All of the above
E
None of these
Question 98Single Answer
In a graphical user interface, what is a button primarily used for?
A
Executing a command or initiating an action
B
Permanently storing data
C
Displaying the computer's IP address
D
Formatting a disk automatically
Question 99Single Answer
A channel (in windows terminology) is
A
a widely used online service that offers access to the internet
B
a specialized web site designed to work with the windows 98 subscribing feature to automatically download information from the internet and store it on your computer for later viewing
C
an area on the computer memory where text or graphics can be temporarily stored
D
All of the above
E
None of these
Question 100Single Answer
What does a checked checkbox generally indicate in a graphical user interface?
A
The associated option is enabled or selected
B
The application has closed
C
The file has been deleted
D
The computer is offline
Question 101Single Answer
What is the difference between stock and supply
A
Stock is a flow concept whereas supply is no
B
Supply is a flow concept and stock is not a flow.com
C
Both supply and stock are flow concepts
D
None of the above
Question 102Single Answer
What is the shape of supply curve
A
Convex to x axis or upward sloping
B
Downward sloping
C
Concave
D
Can be any of the
Question 103Single Answer
What is the relation between individual and market supply curve
A
Market supply curve is the horizontal summation of individual supply curve
B
Market demand curve is the vertical summation of individual supply curve
C
Individual supply curve is the horizontal summation of market demand curve
D
Individual supply curve is the vertical summation of market demand curve
Question 104Single Answer
Contraction and extension of supply means
A
Increase in supply due to increased price and decrease in supply due
decreased price
B
Decrease in supply due to increased price increase in supply due to decreased
price
C
Both a and b
D
None of the above
Question 105Single Answer
More supply at same price and same supply at lower price means
A
Increased supply
B
Decreased supply
C
Constant supply
D
None of the above
Question 106Single Answer
An out-of-school system of education for rural people:
A
Extension
B
Management
C
Participation
D
Communication
Question 107Single Answer
Extension literally means:
A
Stretching out
B
Talking with
C
Deciding for
D
Thinking about
Question 108Single Answer
The term ‘Extension’ have originated in:
A
Latin
B
Persian
C
Greek
D
Sanskrit
Question 109Single Answer
The Latin roots for the word ‘extension’:
A
ex and tensio
B
ex and tension
C
ex and luceo
D
ex and termo
Question 110Single Answer
The term “University Extension” was first used in:
A
1866
B
1972
C
1901
D
1921
Question 111Single Answer
Fat contain
A
3.9 Kcal. of energy per gm
B
9.3 Kcal. of energy per gm
C
9.3 Kcal. of energy per molecule
D
7.3 Kcal. of energy per gm
Question 112Single Answer
The proteins found only in animal body are
A
Glutelins
B
Albumins
C
Scleroproteins
D
All of the above
Question 113Single Answer
The sulphur containing amino acids are
A
Lysine
B
Alanine & valine
C
Arginine
D
Cysteine & methionine
Question 114Single Answer
Zwitter ion contain
A
+ve charge
B
-ve charge
C
Little or no net charge
D
More +ve charge and less -ve charge
Question 115Single Answer
The water soluble vitamins are
A
Vitamin A and D
B
Vitamin B - complex and Vitamin C
C
Vitamin E and K
D
All of the above
Question 116Single Answer
Gallic acid is chief components of
A
Condensed tannins
B
Hydrolysable tannins
C
Both (a) and (b)
D
None of the above
Question 117Single Answer
The flavonoids synthesized in plants are by
A
Mevaloni acid pathway
B
Malonic acid pathway
C
Shikmic acid pathway
D
Both (a) & (b)
Question 118Single Answer
The correct general formula of the carbohydrate is
A
Cn (H2O)n
B
C2n (H2,O)n
C
Cn (H2,O)2n
D
None of the above
Question 119Single Answer
Raffinose and gentianose are the example of
A
Disaccharides
B
Trisaccharides
C
Polysaccharides
D
Monosaccharides
Question 120Single Answer
If the optically active compound rotates the plane polarised light to right side, it is called as.........................and is denote by...............
A
Dextrorotary and is denoted by small italic letter d or + sigh
B
Levorotary and is denoted by small italic letter l or - sigh
C
Both (a) & (b)
D
None of the above
Accounts
Question 121Single Answer
Companies Act is governed by
A
RBI
B
SEBI
C
Partnership Act
D
Ministry of Corporate Affairs
Question 122Single Answer
Own shares purchased by a company with a view to reduce its capital is called
A
sale
B
Purchase
C
buy-back
D
Private placement
Question 123Single Answer
A company in which there is only one member is called
A
one member company
B
one person company
C
single company
D
Individual company
Question 124Single Answer
Shares which have preferential rights are called
A
Equity share
B
Preference share
C
Debenture
D
Bond
Question 125Single Answer
Which of the following is the registered capital of the company ?
A
Nominal capital
B
Authorised capital
C
Share capital
D
Both (a) and (b)
Question 126Single Answer
Capital which is called only at the time of winding-up of the company is called
A
Capital reserve
B
Reserve capital
C
Secure capital
D
Authorised capital
Question 127Single Answer
Which kind of preference share entitIes its holders to receive arrear of dividends of previous years ?
A
Cumulative preference share
B
Non-cumulative preference share
C
Convertible preference share
D
Non-convertible dividend share
Question 128Single Answer
Which document is an invitation offer to public to subscribe for company’s share ?
A
Red herring prospectus
B
Prospectus
C
In lieu of prospectus
D
None of the above
Question 129Single Answer
The balance of share forfeiture account can be used to
A
Provide for discount given at the time of reissue
B
Write-off preliminary expenses
C
Write-off bad debts
D
None of the above
Question 130Single Answer
A company issued 25,000 shares and received applications for 35,000 shares. Company wants to allot shares to everyone who has applied. What will be the ratio for allotment ?
A
6 : 7
B
7: 5
C
5 : 7
D
7 : 6
Question 131Single Answer
A company issued 10,000 shares of Rs10 each. Amount is payable as Rs 2 on application, Rs 5 on allotment and Rs 3 on first and final call. A shareholder who had 1,000 shares failed to pay allotment and first call amount on due date. After a month, he paid the due amount. What will be the amount received by company against issue of shares ?
A
Rs 92,000
B
Rs 90,000
C
Rs 1,00,000
D
Rs 8,000
Question 132Single Answer
Nominal share capital is
A
That part of the authorised capital which is issued by the company
B
The amount of capital which is actually applied for by the prospective shareholders
C
The maximum amount of share capital which a company is authorised to issue
D
The amount actually paid by the shareholders
Question 133Single Answer
Money received in advance from shareholders before it is actually called-up by the directors is
A
Mebited to calls-in-advance account
B
Credited to calls-in-advance account
C
Debited to calls account
D
None of the above
Question 134Single Answer
Shares can be forfeited
A
For non-payment of call money
B
For failure to attend meetings.
C
For failure to repay the loan to the bank
D
For which shares are pledged as a security.
Question 135Single Answer
The profit on reissue of forfeited shares is transferred to
A
General reserve
B
Capital redemption reserve
C
Capital reserve
D
Revenue reserve
Question 136Single Answer
Balance of share forfeiture account is shown in the balance sheet under the item
A
Current liabilities and provisions
B
Reserves and surpluses
C
Share capital
D
Unsecured loans
Question 137Single Answer
Amox Ltd. is registered with a capital of 10,00,000 equity shares of Rs 10 each. 6,00,000 equity shares were offered for subscription to public. Applications were received for 6,00,000 shares. All calls were made and amount was duly received except final call of Rs 2 on 80,000 shares.What Will will be the amount of share capital shown in the balance sheet ?
A
Rs 60,00,000
B
Rs 58,40,000
C
Rs 5,84,000
D
Rs 6,00,000
Question 138Single Answer
Which amongst the following shares conter voting rights on its holders ?
A
Equity shares
B
Redeemable preference shares
C
Participatory preference shares
D
None of the above
Question 139Single Answer
Amount payable on shares can be received in installments by the company. What is the first installment called ?
A
Application money
B
Allotment money
C
First call money
D
Second call money
Question 140Single Answer
Total capital specified in capital clause is Rs 50,00,000 which is divided in 35,000 equity shares of Rs 100 each and 15,000, 10% preference shares of Rs100 each. The company issued 10,000 equity shares and 5,000 preference shares. The public subscribed for 9,000 equity shares and 4,500 preference shares out of the issued shares. What will be the subscribed capital amount ?
A
Rs 50,00.000
B
Rs 50,000
C
Rs 9,00,000
D
Rs 13,50,000
Question 141Single Answer
Akash Ltd. registered capital is Rs 50,00,000 in shares of Rs 10 each.The company issued 2,00,000 of such shares, payable @ Rs 3 per share on allotment. What will be the amount due on allotment, if shareholder holding 20,000 shares paid all call money at the time of allotment only ?
A
Rs 4,00,000
B
Rs 6,00,000
C
Rs 60,000
D
Rs 1,50,000
Question 142Single Answer
The subscribed share capital of XYZ Ltd. is 80.00.000 divided in shares of Rs 100 each. There were no calls-in-arrears till the final call was made. The final call was paid on 77,500 shares. The calls-in-arrears amounted to Rs 62,500. Calculate the final call per share.
A
Rs 20
B
Rs 30
C
Rs 25
D
Rs 35
Question 143Single Answer
Shares for consideration other than cash can be issued at
A
Par
B
Premium
C
Discount
D
Both (a) and (b)
Question 144Single Answer
Neton Ltd. has in its memorandum of association.Capital clause stating that it is formed with 75,000 equity shares of Rs 100 each. The company has issued the entire shares and the public has also subscribed and paid-up for the full amount on application itself. What will be the subscribed capital Rs
A
Rs 75,00,000
B
Rs 10,00,000
C
Rs 1,00,000
D
Rs 7,50,000
Question 145Single Answer
Shareholders receive ......... from the company as a benefit against their investment.
A
Interest
B
Commission
C
Profit
D
Dividend
Question 146Single Answer
If the purchase consideration is more than net worth, then which account will be debited for the difference amount ?
A
Capital Reserve A/c
B
Asset A/c
C
Goodwill A/c
D
Vendor A/c
Question 147Single Answer
Singh who was allotted 200 equity share of Rs 20 each by a ’company, failed to pay Rs 8 each on final call. Shares were re-issued to Kumar at Rs 20 each. What will be the journal entry on re-issue ?
A
Bank A/c Dr 4000
To Equity Share Capital A/c 4000
B
Equity Share Capital A/c Dr 4000
To Bank A/c 4000
C
Bank A/c Dr 4000
To Share Forfeiture A/c 4000
D
Share Forfeiture A/c Dr 4000
To Bank A/c 4000
Question 148Single Answer
Issued 10,000 shares of Rs 100 each to the Narayan Ltd. @10% premium and paid Rs 2,00,000 in cash for a consideration of running business purchased. Journalise this transaction .
A
Narayan Ltd. Dr 13,00,000
To Share Capital A/c 10,00,000
To Securities Premium Reserve A/c 1,00,000
To Cash A/c 2,00,000
B
Narayan Ltd. Dr 13,00,000
To Share Capital A/c 13,00,000
C
Narayan Ltd. Dr 13,00,000
To Cash A/c 13,00,000
D
Share Capital A/c Dr 100000
Securities Premium Reserve A/c Dr 1,00,000
Cash A/c Dr 2,00,000
To Narayan Ltd. 1300000
Question 149Single Answer
Pass the journal entry for amount of first call, Rs 90,000 received after deducting calls-in-arrears of Rs 6,000 .
A
Bank A/c Dr 90,000
Calls-in.arrears A/c Dr 6,000
To Share First Call A/c 96,000
B
Share First Call A/c Dr 96,000
To Bank A/c 90000
To Calls-in-arrears A/c 6000
C
Bank A/c Dr 96,000
To Share First Call A/c 96000
D
None of the above
Question 150Single Answer
Which of the following is main source of income of non-profit organisation ?
A
Sale of old books
B
Sale of old furniture
C
Received subscription
D
Business
Question 151Single Answer
There are 500 members in Diamond Club, paying an annual subscription of Rs 50 each. Subscription received during the year Rs 20,000 including Rs 2,000 for next year. Calculate amount to be shown as outstanding subscription.
A
Rs 7,000
B
Rs 5,000
C
Rs 25,000
D
Rs 18,000
Question 152Single Answer
Donation can be
A
General donation
B
Specific donation
C
Both (a) and (b)
D
None of these
Question 153Single Answer
In the final account of non-profit organisation, closing balance of cash will be recorded in
A
Receipt and payment account only
B
Balance sheet only
C
Income and expenditure account
D
Receipt and payment account and balance sheet both
Question 154Single Answer
In the absence of any specific information, entrance fees may be treated as
A
Revenue receipt
B
Capital receipt
C
Non-cash receipt
D
Deferred receipt
Question 155Single Answer
Consider the following statements
I. Income and expenditure records both capital and revenue items.
II. Receipt and payment account records only revenue items during the year.
Choose the correct option
A
Both are incorrect
B
Both are correct
C
Only (i) is correct
D
Only (ii) is correct
Question 156Single Answer
Find the cost of medicines consumed, if Opening stock of medicines Rs 30,000 Purchases during the year Rs 50,000 Closing stock Rs 20,000
A
Rs 80,000
B
Rs 60,000
C
Rs 50,000
D
Rs 40,000
Question 157Single Answer
For the year ending 31st March, 2022, the following entries appeared related to subscription received
2020-21 5,000
2021-22 96,000
2022-23 10,400
The club has 300 members, paying annual subscription of Rs 400 each. Subscription outstanding on 31st March, 2021 was Rs 8,000. Calcu late the amount of subscription to be shown in the income and expenditure account ?
A
Rs 96,000
B
Rs 1,11,400
C
Rs 1,20,000
D
Rs 91,000
Question 158Single Answer
What amount of rent will be transferred to debit side of income and expenditure account, if rent paid during the year was Rs 70,000, rent outstanding at the end of the year Rs 6,000 and rent outstanding at the beginning of the year Rs 8,000 ?
A
Rs 60,000
B
Rs 68,000
C
Rs 70,000
D
Rs 72,000
Question 159Single Answer
On 15th April, 2021, assets of Ashish club was as follows
Assets : Land and building Rs 1,00,000, Cash in hand Rs 30,000, Furniture Rs 65,000, Subscription receivable Rs 30,000 .
Liabilities : Bank overdraft Rs 1,25,000, Outstanding salaries Rs 15,000.Capital fund as on 1st April, 2021 will be
A
Rs 85,000
B
Rs 75,000
C
Rs 1,10,000
D
Rs 8,000
Question 160Single Answer
Consider the following information Sports fund investment Rs 70,000
Donation for sports fund Rs 15,000 Sports prizes awarded Rs 10,000
Expenses on sports events Rs 8,000 Income from sports fund investment Rs 5,000 Calculate amount of sport fund that will be shown in liability side of balance sheet.
A
Rs 40,000
B
Rs 38,000
C
Rs 45,000
D
Rs 72,000
Question 161Single Answer
Calculate the amount of locker rent to be transferred to income and expenditure account .
Particulars 31st March, 2021 (Rs) 31st March, 2022 (Rs)
Outstanding Locker Rent 9,200 12,600
Advance Locker Rent 6,000 8,000
Locker rent received during the year 2021-22, Rs. 64,000 .
A
Rs 65,400
B
Rs 66,500
C
Rs 66,000
D
Rs 73,000
Question 162Single Answer
Opening balance of prize fund was Rs 16,400. During the year, donations received towards this fund amounted to Rs 7,700, while amount spent on prizes was Rs 6,150 and interest received on prize fund investment was Rs 2,000. The closing balance of prize fund will be
A
Rs 28,250
B
Rs 32,250
C
Rs 19,950
D
Rs 15,950
Question 163Single Answer
Capital fund in non-profit organisation will be
A
Total Assets - Total Liabilities
B
Total Assets - External Liabilities
C
Total Assets - internal Liabilities
D
Total Fund - Total External Liabilities
Question 164Single Answer
Receipt and payment account is the summary of
A
Bank balance
B
Capital account
C
Cash hook
D
Income and expenditure account
Question 165Single Answer
The amount of subscriptions received in advance shown in
A
liabilities side
B
Assets side of balance sheet
C
payments side of receipts and payments account
D
None of the above
Question 166Single Answer
Receipt and payment account generally shows
A
A debit balance
B
A credit balance
C
Surplus and deficit.
D
Capital fund
Question 167Single Answer
Item that should be debited in the income and expenditure account of a college is
A
Tuition fees received from students
B
Equipment purchased for science laboratory
C
Amount of reward
D
Fines collected from students
Question 168Single Answer
Receipt and payment account shows
A
Income and expenditure
B
Profit and loss
C
Saving and deficit
D
Cash receipts and payments
Question 169Single Answer
Funds raised by non-profit organisation for its operation are credited to
A
Capital Fund of NPO
B
General fund of NPO
C
Reserve Fund of Bank
D
Both (a) and (b)
Question 170Single Answer
Which of the following cannot be recorded in the receipt and payment account of a club ?
A
Payment made to workers
B
Sale of old newspaper
C
Loss on sale of fixed asset
D
All of the above
Question 171Single Answer
Uttar Charitable gets surplus from his income and expenditure account of Rs. 65,000 in 2018-19. It will be recorded in debit side of the account.
A
Receipts and payments
B
Income and expenditure
C
Both (a) an.d (b)
D
None of these
Question 172Single Answer
Pass journal entry for subscription recorded in the Income and Expenditure
A
Income and expenditure account. Dr --
To Subscription A/c --
B
Subscription A/c Dr --
To Income and Expenditure A/c ..---
C
Bank A/c Dr —
To Income and Expenditure Alc ---
D
None of the above
Question 173Single Answer
Which of the following will be recorded in credit side of receipts and payments account ?
A
300 received from entrance tees
B
Cash purchases of books 700
C
Donation received Rs 800
D
Outstanding 300 for repair
Question 174Single Answer
25 Profit or loss on sale of any fixed asset is treated as…. in concern Of NPOs.
A
capital income or lc
B
revenue income or loss
C
Not considered while preparing account
D
None of the above
Question 175Single Answer
Pass the journal entry for Royal Dance Club, whose deficit is calculated Rs. 91,000 during 2019-20 .
A
Income and Expenditure Ac Dr 91000
To Deficit Aic 91,000
B
Deficit A/c Dr 91000
To Income and Expenditure A/c 91000
C
Cash A/c Dr 91000
To Income and Expenditure A/c 91000
D
None of the above
Question 176Single Answer
A non-profit organisation normally prepares ….;
before preparing balance sheet.
A
Income and expenditure account
B
Real account
C
Trading account
D
None of the above
Question 177Single Answer
Debit balance in receipts and payments account was shown as 80.000. subscription received amounted to Rs 9,600 out of which Rs 3.000 is related to next year. According to you. what amount will be shown in receipts and payments account ?
A
Rs. 80.000
B
Rs 89600
C
Rs. 9.600
D
Rs 86600
Question 178Single Answer
What is an accounting treatment of cash received for life membership fees ?
A
Debit in income and expenditure account
B
Credit in income and expenditure account
C
To be shown in liabilities column of balance sheet
D
To be shown in assets column of balance sheet
Question 179Single Answer
Nature of goodwill is
A
Intangible asset
B
fictitious asset
C
long-term liability
D
current asset
Question 180Single Answer
Which of the following is/are method(s) of valuation of goodwill ?