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Objective Questions

Latest OFDC LDA Exam Question (Objective Questions), MCQ in English

Subjects : English, Accounts, General Knowledge, General Aptitude, Mathematics, Basic of Computer

Question Bank OFDC Junior Accountant (Accounts Assistant )/Auditor Exam - English
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English

Question 1Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    He was in the temper
  2. B
    and refused
  3. C
    discuss the matter again
  4. D
    No error
Question 2Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    A flower makes no garland
  2. B
    so we must do a thing together
  3. C
    in a unit for a good result
  4. D
    No error
Question 3Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    My friend is a software engineer
  2. B
    and his wife is doctor
  3. C
    so they don’t have enough time for each other
  4. D
    No error
Question 4Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    I don’t have much time that
  2. B
    I hear you in detail with verbosity
  3. C
    tell everything in nutshell
  4. D
    No error
Question 5Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    The atmosphere is changing
  2. B
    so I have severe pain in my body
  3. C
    if you have any painkiller, please give it to me
  4. D
    No error
Question 6Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    No one is without fault
  2. B
    because no one is God
  3. C
    and only God is fault free
  4. D
    No error
Question 7Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    Your
  2. B
    clock is
  3. C
    one hour fast
  4. D
    No error
Question 8Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    The lose of jobs
  2. B
    is regarded by some as an necessary evil
  3. C
    in the fight against infliation
  4. D
    No error
Question 9Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    In science, the credit goes to a man
  2. B
    who convinces the world
  3. C
    not to the man to whom the idea first occurs
  4. D
    No error
Question 10Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    It is only after
  2. B
    the match is over
  3. C
    that people realize how exciting it is
  4. D
    No error
Question 11Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    Off the two
  2. B
    sisters, she
  3. C
    is better
  4. D
    No error
Question 12Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    A interesting book
  2. B
    ‘A Tale of two cities’
  3. C
    was written by Alexander Dumas
  4. D
    No error
Question 13Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    I shall never
  2. B
    forget a good
  3. C
    deed you did to me, when I was in crisis
  4. D
    No error
Question 14Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    Wisdom of Vikramaditya
  2. B
    solved many riddles
  3. C
    that people brought to him for solution
  4. D
    No error
Question 15Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    News you broke to his wife
  2. B
    made her nervous
  3. C
    and she broke down
  4. D
    No error
Question 16Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    I have a work
  2. B
    to do and
  3. C
    so I will reach late
  4. D
    No error
Question 17Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    I saw portion
  2. B
    of the manuscript
  3. C
    on birds
  4. D
    No error
Question 18Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    Talent without experience is waste
  2. B
    so one must attain some practical knowledge and
  3. C
    it is only practical knowledge through which one can be an expert
  4. D
    No error
Question 19Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    The Geeta, the Bible and the Quran all show us
  2. B
    the true path of humanity
  3. C
    Ramayana also can be included in this group
  4. D
    No error
Question 20Single Answer
Read sentence to find out whether there is any grammatical error in it. The sentences are In three separate parts and each one is labelled (a), (b), (c) and (d). In that case, letter (d) will signify a ‘No error’ response.
  1. A
    Gandhiji was born on 2nd October 1869
  2. B
    He devoted two thirds of his life
  3. C
    for Indian freedom movement
  4. D
    No error

Accounts

Question 21Single Answer
Which is the most potent driver of business transformation during Covid-19 pandemic ?
  1. A
    Ethical consciousness
  2. B
    Scale economies and pricing power
  3. C
    Technology adoption and innovation
  4. D
    Supply chain logistics and government interventions
Question 22Single Answer
Counter Vailing Duties (CVD) are often imposed on imports to off set the impact of :
  1. A
    Predatory pricing
  2. B
    Export subsidies
  3. C
    Dumping
  4. D
    Low cost financing
Question 23Single Answer
To prevent opportunistic takeover of domestic firms amid Covid-19 pandemic. Foreign Direct Investment (FDI) from countries that share borders with India is allowed through :
  1. A
    Automatic route
  2. B
    Government route
  3. C
    FIPB route
  4. D
    DPIIT route
Question 24Single Answer
Factor conditions in Michael Porter’s competitive advantage National Include :
  1. A
    Market size
  2. B
    Demand conditions
  3. C
    Internationally competitive suppliers
  4. D
    Skilled labour and scientific knowledge
Question 25Single Answer
In case the purchasing company agrees to act as the agent of the vendor for collection of the book debts, in the books of the purchasing company, the amount of debtors should be credited to :
  1. A
    Vendor’s debtors account
  2. B
    Vendor’s suspense account
  3. C
    Debtors account
  4. D
    Creditors account
Question 26Single Answer
When the value of “Investment in subsidiary” in the holding company’s balance sheet in more then the book value of the net assets acquired, the difference represents :
  1. A
    Capital reserve on consolidation
  2. B
    Goodwill on consolidation
  3. C
    Minority interest
  4. D
    Post acquisition profit
Question 27Single Answer
The basic method of valuing human assets is :
  1. A
    Adjustment
  2. B
    Amortization
  3. C
    Capitalization
  4. D
    Quasi equity
Question 28Single Answer
X and Y are partners, sharing profits and losses in the ratio of 4 :3. They admit Z into the partnershipand for 1/5th share. X and Y decide to share the future profits in the ratio of 2 :1. What is the sacrificing ratio of X and Y ?
  1. A
    4 : 3
  2. B
    13 : 8
  3. C
    8 :13
  4. D
    4 :17
Question 29Single Answer
The value of the firm in wealth maximization objective is measured by :
  1. A
    Present value of all expected future cash flows
  2. B
    All expected future cash flows
  3. C
    Percent value of all expected future profits
  4. D
    All expected future profits
Question 30Single Answer
For a decline in price, total revenue declines in the demand of the product is :
  1. A
    Inelastic
  2. B
    Elastic
  3. C
    Unitary elastic
  4. D
    Zero elastics
Question 31Single Answer
In Cobb-Douglas production function, Q=AKαLβ increasing returns to scale occurs when :
  1. A
    α + β > 1
  2. B
    K + L > 1
  3. C
    α + β < 1
  4. D
    K + L < 1
Question 32Single Answer
The extreme case of non-price competition in an Oligopoly is :
  1. A
    Formation of cartels
  2. B
    Interdependent decision-making
  3. C
    Attaining economies of scale
  4. D
    Formation of duopoly
Question 33Single Answer
Pecking order theory in finance is based on the assertion of :
  1. A
    Asymmetric information between managers and investors
  2. B
    Symmetric information between managers and investors
  3. C
    Outside information
  4. D
    Asymmetric information among investors only
Question 34Single Answer
If a project cost is Rs. 40,000. Its stream of earning before depreciation and tax during first year through five years is expected to be Rs. 10,000, Rs. 12,000, Rs. 14,000, Rs. 16,000 and Rs. 20,000. Assume a 50% tax rate and depreciation on straight line basis; project’s ARR is :
  1. A
    14.40%
  2. B
    72%
  3. C
    16%
  4. D
    55.56%
Question 35Single Answer
According to the theory of dividend the firm should follow its investments policy of accepting all positive NPV projects and paying out dividends if and only if, funds are available :
  1. A
    Bird in hand theory
  2. B
    Investor rationality theory
  3. C
    100 percent retention theory
  4. D
    Residual theory
Question 36Single Answer
In Securitisation when no assets are acquired and the collateral is fixed for the life of the asset,the type of a structure is called as :
  1. A
    Revolving structure
  2. B
    Amortized structure
  3. C
    Collateralized structure
  4. D
    Self-liquidating structure
Question 37Single Answer
For a very large sample size the ratio between  and σ is 8 : 40. Determine the sample size 𝓷 :
  1. A
    25
  2. B
    5
  3. C
    4
  4. D
    16
Question 38Single Answer
For a given set of paired data, the correlation and regression coefficients have been calculated as being equal to r,bxy and byx respectively. Now, each of values of x series is divided by 5. What effect does it have on each of these co-efficients ?
  1. A
    The three co - efficients remain unchanged
  2. B
    There is no change in r but by x changes to byx/5and bxy changes to 5bxy
  3. C
    Each of the co-efficients will be reduced to one fourth of its value
  4. D
    There is no change r but byx changes to 5byx and bxy chages to bxy/5
Question 39Single Answer
Which of the following statement is correct ?
  1. A
    Co-efficients of variance 
  2. B
    If value in a series are negative, the standard deviation is also negative
  3. C
    If value in a series multiplied by σ, the variance would be multiplied by 36
  4. D
    Standard deviation is equal to square of variance
Question 40Single Answer
For a poisson distribution variable X, P(X=0) = 2P(X=1), its standard deviation would be :
  1. A
  2. B
    0.5
  3. C
  4. D
    2
Question 41Single Answer
A test that contains a fair sample of the tasks and skills actually needed for the job in question is :
  1. A
    Construct validity
  2. B
    Content validity
  3. C
    Test validity
  4. D
    Criterion validity
Question 42Single Answer
Which among of the following is not a primary determinant of organizational structure ?
  1. A
    Chain and span
  2. B
    Capacity and lower needs
  3. C
    Power and control
  4. D
    Differentiation and integration
Question 43Single Answer
An act in a way that results in the greatest good for the greatest number is :
  1. A
    The golden rule
  2. B
    The utilitarian principle
  3. C
    The four way test
  4. D
    Kant’s categorical imperative
Question 44Single Answer
People repeat behaviors that bring them satisfaction and pleasure and stop those that bring them dissatisfaction or pain is known as :
  1. A
    Law of exercise
  2. B
    Law of redo
  3. C
    Low of effect
  4. D
    Low of readiness
Question 45Single Answer
Which one of the following statements is true about under the Base I Accord, BCBS, fixed the minimum requirement of capital fund for banks at ?
  1. A
    8 percent of the total risk weighted assets
  2. B
    9 percent of the total risk weighted assets
  3. C
    10 percent of the total risk weighted assets
  4. D
    1000 crore
Question 46Single Answer
Which of the following statement is correct relating to Indian Financial System ?
  1. A
    RBI has direct supervision over depositories and mutual funds
  2. B
    Monetary control is exercised through cash reserve ratio and statutory liquidity ratio
  3. C
    Primary dealers mainly deal in shares, mutual fund units
  4. D
    The decrease in statutory liquidity ratio contracts the credit creation
Question 47Single Answer
Which one of the following is not one of the advantages of Derivatives market ?
  1. A
    Leveraging increases risk
  2. B
    They enhance liquidity in the market for underlying assets
  3. C
    They represent a form of insurance against risks
  4. D
    They reduce price volatility
Question 48Single Answer
Which one of the following statements is not true about Indian Money Market ?
  1. A
    Non-Banking Finance Companies (NBFCs) are financial institutions that constitute organized component of money market
  2. B
    Money market mutual funds are allowed to sell units to corporates and individuals
  3. C
    A Well-developed money market is essential for a modern economy
  4. D
    In the Indian Money Market, the predominant place is enjoyed by government and semi-government securities
Question 49Single Answer
Which of the following is not true while determining length of distribution channel ?
  1. A
    The larger the market size, the longer the channel
  2. B
    If the average lot size is large, it is better to have a longer channel
  3. C
    If the product and the market require a high level of service, it is advisable to keep a shorter channel
  4. D
    If customers shop for an assortment of products, it demands for a water channel of distribution
Question 50Single Answer
Which of the following can be categorized as people processing services ?
  1. A
    Health care
  2. B
    Legal services
  3. C
    Education
  4. D
    Transportation
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