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Objective Questions

Latest RITES Assistant Manager Exam Question (Objective Questions), MCQ in English

Subjects : Financial & Management Accountancy, Costing and Legal, English, General Awareness, Quantitative Ability, Basic of Computers, Reasoning, Taxation, Banking & Treasury, Procurement & payment, Trades Payable /Receivables

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Financial & Management Accountancy, Costing and Legal

Question 1Single Answer
Which Ind AS prescribes the Presentation of Cash Flow Statement?
  1. AInd AS 8
  2. BInd AS 7
  3. CInd AS 16
  4. DInd AS 19
Question 2Single Answer
Ind AS 8 deals with?
  1. ARelated Party Disclosures
  2. BCash Flow Statements
  3. CBorrowing Costs
  4. DAccounting Policies, Changes in Accounting Estimates and Errors
Question 3Single Answer
The principle of historical cost vs. revaluation of property, plant, and equipment is covered under which Ind AS?
  1. AInd AS 23
  2. BInd AS 16
  3. CInd AS 38
  4. DInd AS 40
Question 4Single Answer
Employee benefits accounting is covered under?
  1. AInd AS 28
  2. BInd AS 24
  3. CInd AS 19
  4. DInd AS 37
Question 5Single Answer
Ind AS 23 relates to?
  1. AInvestments in Associates
  2. BProvisions, Contingent Liabilities and Contingent Assets
  3. CBorrowing Costs
  4. DBusiness Combinations
Question 6Single Answer
Which Ind AS specifies Disclosure of Related Party Transactions?
  1. AInd AS 108
  2. BInd AS 24
  3. CInd AS 110
  4. DInd AS 111
Question 7Single Answer
Investments in Associates and Joint Ventures are accounted under?
  1. AInd AS 110
  2. BInd AS 108
  3. CInd AS 28
  4. DInd AS 115
Question 8Single Answer
Ind AS 37 covers?
  1. AProvisions, Contingent Liabilities and Contingent Assets
  2. BBusiness Combinations
  3. CRevenue from Contracts with Customers
  4. DIntangible Assets
Question 9Single Answer
Accounting for Intangible Assets is prescribed under?
  1. AInd AS 38
  2. BInd AS 16
  3. CInd AS 40
  4. DInd AS 108
Question 10Single Answer
Ind AS 40 deals with?
  1. ARevenue Recognition
  2. BLeases
  3. CInvestment Property
  4. DEmployee Benefits
Question 11Single Answer
Ind AS 108 specifies accounting for?
  1. AEmployee Benefits
  2. BBorrowing Costs
  3. CInvestments in Associates
  4. DOperating Segments
Question 12Single Answer
Ind AS 110 covers?
  1. ALeases
  2. BRevenue from Contracts
  3. CAccounting Policies
  4. DConsolidated Financial Statements
Question 13Single Answer
Ind AS 111 relates to?
  1. AJoint Arrangements
  2. BBorrowing Costs
  3. CProvisions
  4. DIntangible Assets
Question 14Single Answer
Ind AS 115 specifies?
  1. AAccounting for Leases
  2. BRevenue from Contracts with Customers
  3. CInvestment Property
  4. DBorrowing Costs
Question 15Single Answer
Ind AS 116 covers?
  1. ALeases
  2. BIntangible Assets
  3. CInvestment Property
  4. DEmployee Benefits

English

Question 16Single Answer
The Finance Department has ……………a centralized online databank system for all statutory government bodies to …………an eye on their assets and liabilities.
  1. A presented , stay
  2. Bintroduced , keep
  3. Cannounce , make
  4. Dcreated , let
  5. Eproclaimed , hold
Question 17Single Answer
Assets
  1. Aliabilities
  2. Bresponsibilities
  3. Cestates
  4. Dprofits
Question 18Single Answer
Affidavit
  1. A Affirmation
  2. BSlander
  3. COath
  4. DTestimony
Question 19Single Answer
Hollow
  1. AAlveolate
  2. BCleft
  3. C Cavernous
  4. DSolid
Question 20Single Answer
Cosset 
  1. AIgnoreb
  2. BClose
  3. CCaress
  4. DFondle
Question 21Single Answer
Ogle
  1. ALeer
  2. BGaze
  3. CIgnore
  4. DGawk
Question 22Single Answer
Intrinsic
  1. AElemental
  2. BInnate
  3. CConnate
  4. DAcquired
Question 23Single Answer
Coalesce
  1. ASeparate
  2. BAdhere
  3. CCleave
  4. DAmalgamate
Question 24Single Answer
Loiter
  1. Alag 
  2. BHasten
  3. CAmble
  4. DLoii
Question 25Single Answer
The protests were......... at ......... awareness among the elite and the educated.
  1. Aheld, generating
  2. Baimed, creating
  3. Ctargeted, awakening
  4. Dfocused, building
  5. Econcentrated, producing

General Awareness

Question 26Single Answer
Which if the following is TRUE about the meaning of a bank?
  1. AIt is a financial establishment
  2. BIt acts like a financial intermediary
  3. CIt accepts deposits from the public 
  4. DIt provides safe locker facility
  5. EAll the above
Question 27Single Answer
Which of the following is NOT true about the functioning of a bank ?
  1. AA bank should always add the word “bank” to its name.
  2. BThey include general utility services and agency services.
  3. CA bank is a non-profit organization having service oriented approach.
  4. DA bank acts as a connecting link between borrowers and lenders of money.
  5. EA bank lends out money in the form of loans to those who require it for different purposes.
Question 28Single Answer
Which of the following is NOT a banking service?
  1. AIssuance of debit and credit cards
  2. BProviding safe custody of valuable items 
  3. CATM services
  4. DProvision for higher interest rates to the accounts held by women
  5. EOnline transfer of funds across the globe
Question 29Single Answer
The definition of Banking is given in which of the following ACTs?
  1. ANegotiable Instrument Act 1881
  2. BReserve Bank of India (RBI) Act 1934
  3. CBanking Regulation Act 1949
  4. DCompany Act 1956
  5. ENone of the above
Question 30Single Answer
Banks in India are regulated by :
  1. AThe Reserve Bank of India Act,1934
  2. BThe Banking regulation Act,1949
  3. CThe Reserve Bank of India (Amendment and Misc. Provisions) Act, 1953
  4. DThe Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
  5. ENone of the above
Question 31Single Answer
Which of the following terms is used in Banking field ?
  1. AZero Hour
  2. BInput devices
  3. CPrivilege motion
  4. DSedimentary
  5. EInvest rate swap
Question 32Single 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?
  1. AInvestment Banking 
  2. BCore Banking
  3. CMobile Banking 
  4. DNational Banking 
  5. ESpecialized Banking 
Question 33Single Answer
Which was the first Five Year Plan of India?
  1. A1947-1952
  2. B1951-1956
  3. C1956-1961
  4. D1961-1966
Question 34Single Answer
When did the first passenger train run in India?
  1. A1851
  2. B1853
  3. C1855
  4. D1857
Question 35Single Answer
Which country's Supreme Leader, Ali Khamenei, was assassinated in a joint US-Israel strike in late February 2026?
  1. ASyria
  2. BIraq
  3. CLebanon
  4. DIran

Quantitative Ability

Question 36Single 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:__________ ?
  1. A51:52
  2. B52:53
  3. C51:53
  4. D52:55
Question 37Single Answer
Which of the following numbers is irrational ?
  1. A√49
  2. B0.125
  3. C√2
  4. D22/7
Question 38Single Answer
356 x 936 – 356 x 836 = ?
  1. A35600  
  2. B34500
  3. C9630
  4. D93600
Question 39Single Answer
Arrange in descending order: 5/8, 7/10, 3/4
  1. A3/4 > 7/10 > 5/8
  2. B7/10 > 3/4 > 5/8
  3. C3/4 > 5/8 > 7/10
  4. D5/8 > 7/10 > 3/4
Question 40Single Answer
What is (3^{4} times 9^{2}) ?
  1. A36
  2. B38
  3. C310
  4. D96
     
Question 41Single Answer
If 34X-2 = 729, then find the value of X.
  1. A4     
  2. B3
  3. C2 
  4. D5
Question 42Single Answer
Convert 0.6 into fraction ?
  1. A3/5
  2. B2/3
  3. C4/5
Question 43Single 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 ?
  1. A169  
  2. B36
  3. C196 
  4. DCan not say
Question 44Single Answer
If a and b are positive integers, such that ab = 125, then (a-b)a+b-4 = ?
  1. A16   
  2. B25
  3. C28  
  4. D30
Question 45Single Answer
If x*y = x2 + y2 – xy, then value of 9*11 is
  1. A93     
  2. B103
  3. C60.5
  4. D121

Basic of Computers

Question 46Single Answer
Which Windows interface element typically appears to display information, a warning, an error message, or a request for confirmation?
  1. AWindow
  2. BPop-up menu
  3. CMessage box
  4. DTaskbar
Question 47Single Answer
What is active desktop ?
  1. Aa term that is synonymous with viewing your desktop as web page
  2. Ba feature to customize your desktop to display informating you can update from the internet
  3. Cboth a and b above mentioned
  4. DA software
  5. ENone of these
Question 48Single Answer
What is meant by an active window?
  1. AA window that is minimized
  2. BThe window currently receiving user input
  3. CAny window currently open
  4. DThe window opened first
Question 49Single Answer
What was America Online (AOL) primarily known for during the early popularization of consumer Internet access?
  1. AAn online service providing Internet access and proprietary online content
  2. BA computer operating system
  3. CA spreadsheet application
  4. DA database management system
Question 50Single Answer
An application is
  1. Aword processing, accounting and engineering programs are example of application programs
  2. Bcomputer program designed to enable users to perform specific job functions
  3. CBoth a and b above mentioned
  4. Da document
  5. ENone of these
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