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 2Single Answer
Which of the following numbers is irrational ?
A
√49
B
0.125
C
√2
D
22/7
Question 3Single Answer
356 x 936 – 356 x 836 = ?
A
35600
B
34500
C
9630
D
93600
Question 4Single 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 5Single Answer
What is (3^{4} times 9^{2}) ?
A
36
B
38
C
310
D
96
Question 6Single Answer
If 34X-2 = 729, then find the value of X.
A
4
B
3
C
2
D
5
Question 7Single Answer
Convert 0.6 into fraction ?
A
3/5
B
2/3
C
4/5
Question 8Single 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 9Single 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 10Single Answer
If x*y = x2 + y2 – xy, then value of 9*11 is
A
93
B
103
C
60.5
D
121
Question 11Single Answer
Which is greater ?
A
15/16
B
17/18
C
Equal
D
Cannot compare
Question 12Single 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 13Single Answer
Write the 44000 in Roman numerals
A
XLI
B
XLVI
C
XLIV
D
XLVIC
Question 14Single Answer
Convert 0.0909… into fraction ?
A
1/11
B
9/11
C
1/9
D
9/10
Question 15Single Answer
What is (98 times 102) ?
A
9996
B
10000
C
10096
D
10196
Question 16Single Answer
Which is smaller ?
A
9/11
B
7/9
C
Equal
D
Cannot compare
Question 17Single Answer
Convert 0.5777… into fraction ?
A
26/45
B
52/90
C
13/22
D
5/9
Question 18Single Answer
Convert 0.81 into fraction ?
A
81/100
B
9/10
C
8/9
D
9/11
Question 19Single Answer
(63)2 – (12)2 =?
A
3528
B
3852
C
3582
D
3825
Question 20Single Answer
Which is greater ?
A
13/17
B
11/14
C
Equal
D
Cannot compare
Question 21Single Answer
16.928 + 24.7582 5.015 =?
A
20
B
24
C
22
D
26
Question 22Single Answer
Convert 0.75 into fraction ?
A
3/4
B
2/3
C
4/5
D
5/8
Question 23Single Answer
Which is greater ?
A
11/13
B
12/15
C
Equal
D
Cannot compare
Question 24Single Answer
Two numbers are co-prime if their HCF is ?
A
0
B
1
C
Same
D
Prime
Question 25Single Answer
Product of all factors of 10 is ?
A
10
B
100
C
1000
D
10000
General English
Question 26Single 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.
A
He was in the temper
B
and refused
C
discuss the matter again
D
No error
Question 27Single 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.
A
A flower makes no garland
B
so we must do a thing together
C
in a unit for a good result
D
No error
Question 28Single 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.
A
My friend is a software engineer
B
and his wife is doctor
C
so they don’t have enough time for each other
D
No error
Question 29Single 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.
A
I don’t have much time that
B
I hear you in detail with verbosity
C
tell everything in nutshell
D
No error
Question 30Single 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.
A
The atmosphere is changing
B
so I have severe pain in my body
C
if you have any painkiller, please give it to me
D
No error
Question 31Single 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.
A
No one is without fault
B
because no one is God
C
and only God is fault free
D
No error
Question 32Single 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.
A
Your
B
clock is
C
one hour fast
D
No error
Question 33Single 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.
A
The lose of jobs
B
is regarded by some as an necessary evil
C
in the fight against infliation
D
No error
Question 34Single 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.
A
In science, the credit goes to a man
B
who convinces the world
C
not to the man to whom the idea first occurs
D
No error
Question 35Single 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.
A
It is only after
B
the match is over
C
that people realize how exciting it is
D
No error
Question 36Single 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.
A
Off the two
B
sisters, she
C
is better
D
No error
Question 37Single 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.
A
A interesting book
B
‘A Tale of two cities’
C
was written by Alexander Dumas
D
No error
Question 38Single 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.
A
I shall never
B
forget a good
C
deed you did to me, when I was in crisis
D
No error
Question 39Single 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.
A
Wisdom of Vikramaditya
B
solved many riddles
C
that people brought to him for solution
D
No error
Question 40Single 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.
A
News you broke to his wife
B
made her nervous
C
and she broke down
D
No error
Question 41Single 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.
A
I have a work
B
to do and
C
so I will reach late
D
No error
Question 42Single 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.
A
I saw portion
B
of the manuscript
C
on birds
D
No error
Question 43Single 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.
A
Talent without experience is waste
B
so one must attain some practical knowledge and
C
it is only practical knowledge through which one can be an expert
D
No error
Question 44Single 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.
A
The Geeta, the Bible and the Quran all show us
B
the true path of humanity
C
Ramayana also can be included in this group
D
No error
Question 45Single 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.
A
Gandhiji was born on 2nd October 1869
B
He devoted two thirds of his life
C
for Indian freedom movement
D
No error
Question 46Single 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.
A
The students who want to speak in English
B
must read Hindu newspaper
C
in their initial stage
D
No error
Question 47Single 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.
A
Garib rath is a facility by railway ministry
B
for the poor to enjoy express train and facilities
C
but is mostly utilized by the upper class
D
No error
Question 48Single 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.
A
It is
B
a quarter to ten
C
by my watch
D
No error
Question 49Single 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.
A
Mr. Thakur lived
B
in the three-hundred year
C
old house
D
in Patna
Question 50Single 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.
A
The uncle of mine who is farmer
B
gave me a piece of useful advice
C
when I went to see him three weeks ago
D
No error
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General English
Question 51Single 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.
A
My neighbor along with his children
B
is going tonight to see a Taj Mahal
C
At Agra
D
No error
Question 52Single 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.
A
Kabir an Rahim are great poets
B
but the former is
C
greater than latter
D
No error
Question 53Single 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.
A
He has abandoned
B
the criminal activities
C
after returning from jail
D
No error
Question 54Single 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.
A
We must have
B
sympathy for
C
needy and the poor
D
No error
Question 55Single 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.
A
The Chinese is a very
B
difficult language to understand for those
C
who have never been to China
D
No error
Question 56Single 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.
A
The old women placed
B
kettle on fire
C
come back to the bedroom
D
No error
Question 57Single 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.
A
The singing is both
B
my vocation and avocation because it is a
C
source of joy and bread to me
D
No error
Question 58Single 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.
A
Snake we saw was
B
very deadly thought
C
it left the kitchen quietly
D
No error
Question 59Single 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.
A
Being M.A. only he
B
could not be appointed
C
to the post of a lecturer
D
No error
Question 60Single 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.
A
Our first trip was the most interesting one
B
but our second one
C
was even more interesting
D
No error
Question 61Single 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.
A
Mahatma Gandhi did not solve
B
all the problems of future
C
but he did solve problems of
D
No error
Question 62Single 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.
A
Having finished his breakfast
B
he started working on the problem
C
that had been awaiting disposal for the long time
D
No error
Question 63Single 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.
A
The new railway line will
B
greatly improve transport and communication
C
in eastern part of the country
D
No error
Question 64Single 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.
A
It being rainy day most of
B
the people out on the street
C
were carrying umbrellas
D
No error
Question 65Single 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.
A
More you
B
think of it
C
the worse it becomes
D
No error
Question 66Single 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.
A
I like to travel
B
by the air as
C
I am a very busy person
D
No error
Question 67Single 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.
A
This is
B
most important
C
lesson which we will have to study very carefully
D
No error
Question 68Single 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.
A
Hasan plays
B
both cricket and billiards
C
at the national level
D
No error
Question 69Single 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.
A
The USA has a strong army
B
that is capable of fighting
C
against any army of the world
D
No error
Question 70Single 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.
A
A man cannot be judged
B
by his external appearance
C
but by internal beauty
D
No error
Question 71Single 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.
A
I met the gentleman
B
today morning on my way
C
to the market
D
No error
Question 72Single 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.
A
It seems as the Sun
B
is coming much closer because
C
earth is greeting hotter
D
No error
Question 73Single 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.
A
I know student
B
who has stolen my book
C
the boy replied to his mother on her asking about the book
D
No error
Question 74Single 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.
A
Equator
B
divides the Earth
C
into two hemispheres
D
No error
Question 75Single 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.
A
In world of ours
B
one has to compete
C
for almost everything
D
No error
Accountancy
Question 76Single Answer
Who is Father of Scientific Management ?
A
Henry Fayol
B
Elton Mayo
C
Chester Bernard
D
F. W. Taylor
Question 77Single Answer
Appointment of a Company Secretary is made by –
A
Promoters
B
Board of Directors
C
Debenture holders
D
Government
Question 78Single Answer
Bonus Shares are issued to –
A
Equity Shareholders
B
Preference Shareholders
C
Debenture Holders
D
Secured Creditors
Question 79Single Answer
Under which principle, all the rights of an insured are transferred to insurance company after making payment of claim ?
A
Subrogation
B
Utmost good faith
C
Contribution
D
Average clause
Question 80Single Answer
Rs. 10,000 spent on the replacement of worn out parts of an electronic machinery is treated as –
A
Capital expenditure
B
Revenue expenditure
C
Deferred revenue expenditure
D
Capital loss
Question 81Single Answer
EPS is calculated as –
A
EBIT / Equity shares
B
EBIT – Preference Dividend / Equity shares
C
EAT / Equity shares
D
EAT – Preference Dividend / Equity shares
Question 82Single Answer
Which is the oldest form of organisation ?
A
Line
B
Line and staff
C
Functional
D
Matrix
Question 83Single Answer
In ‘Direction’ who is given importance ?
A
To machines
B
To paper work
C
To man
D
To production
Question 84Single Answer
Standard costing is a technique of –
A
Planning
B
Organising
C
Coordination
D
Control
Question 85Single Answer
‘Table A’ is an alternative to –
A
Prospectus
B
Articles of Association
C
Memorandum of Association
D
None of the above
Question 86Single Answer
FEMA stands for –
A
Foreign Exchange Management Act
B
Funds Exchange Management Act
C
Finance Enhancement Monetary Act
D
Future Exchange Management Act
Question 87Single Answer
What of the following is false about W.T.O. ?
A
It is the main organ for implementing the Multilateral Trade Agreement
B
It is global in its membership
C
It has far wider scope than GATT
D
Only countries having more than prescribed level of total GDP can become its member
Question 88Single Answer
……........… has been founded to act as permanent watchdog on the international trade .
A
ISRD
B
ADS
C
WTO
D
DIMF
Question 89Single Answer
Which of the following statement is correct ?
A
The disinvestment programme has been successfully carried out in India
B
Privatisation up to 100% has been carried out in all the PSU in India
C
Under strategic sale method of disinvestment, the government sells a major share to a strategic partner
D
None of the above
Question 90Single Answer
Advance Income-tax is shown in the –
A
Debit side of Profit and Loss Account
B
Liability side of the Balance Sheet
C
Credit side of Profit and Loss Account
D
Assets side of the Balance Sheet
Question 91Single Answer
Companies Act is governed by
A
RBI
B
SEBI
C
Partnership Act
D
Ministry of Corporate Affairs
Question 92Single 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 93Single 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 94Single Answer
Shares which have preferential rights are called
A
Equity share
B
Preference share
C
Debenture
D
Bond
Question 95Single 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 96Single 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 97Single 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 98Single 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 99Single 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 100Single 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 101Single 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 102Single 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 103Single 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 104Single 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 105Single 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 106Single 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 107Single 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 108Single 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 109Single 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 110Single 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 111Single 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 112Single 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 113Single Answer
Shares for consideration other than cash can be issued at
A
Par
B
Premium
C
Discount
D
Both (a) and (b)
Question 114Single 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 115Single Answer
Shareholders receive ......... from the company as a benefit against their investment.
A
Interest
B
Commission
C
Profit
D
Dividend
Question 116Single 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 117Single 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 118Single 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 119Single 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 120Single 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 121Single Answer
An efficient control system helps to
A
Accomplish organisational objectives
B
Boost employee morale
C
Judge accuracy of standards
D
All of the above
Question 122Single Answer
Controlling function of an organisation is
A
Forward-looking
B
Backward-looking
C
Forward as well as backward-looking
D
None of the above
Question 123Single Answer
Management audit is a technique to keep a check on the performance of
A
Company
B
Management of the company
C
Shareholders
D
Customers
Question 124Single Answer
Budgetary control requires the preparation of
A
Training schedule
B
Budgets
C
Network diagram
D
Responsibility centres
Question 125Single Answer
Which of the following is not applicable to responsibility accounting ?
A
Investment centre
B
Accounting centre
C
Profit centre
D
Cost centre
Question 126Single Answer
“Managerial control implies the measurement of accomplishment against the standard and the correction of deviations to assure attainment of objectives according to plans.” This definition has been given by
A
Koontz and O’ Donnell
B
Peter Drucker
C
Henri Fayol
D
Chester Barnard
Question 127Single Answer
Which of the following describes the nature of controlling ?
A
Goal-oriented process
B
Pervasive function
C
Continuous process
D
All of these
Question 128Single Answer
Controlling provides direction to all activities and each department and employee is governed by predetermined standards, which helps in establishing ......... among them.
A
Organising
B
Directing
C
Planning
D
Co-ordination
Question 129Single Answer
Which of the following factor(s) is/are beyond the control of an organisation ?
A
Change in government policies
B
Change in technology
C
Competition level
D
All of the above
Question 130Single Answer
Controlling is a pervasive function because it is performed
A
In all organisations whether profit making or non profit making
B
At all levels of management to ensure that the work at every stage is performed as planned
C
Goal oriented process
D
Both (a) and (b)
Question 131Single Answer
Which of the following is not an importance of controlling ?
A
Judging accuracy of standards
B
Effective use of resources
C
Ensures order and discipline
D
Exploitation of resources
Question 132Single Answer
Sales volume, sales expenses, advertising expenses are the part of . . . . . . . . . . . . standards.
A
Production
B
Marketing
C
HR
D
None of these
Question 133Single Answer
In controlling process, the next stage after setting performance standards is
A
Measurement of actual performance
B
Comparing actual performance with standards
C
Analysing deviations
D
Taking corrective action
Question 134Single Answer
Under controlling of HR area, corrective action must be taken for
A
High labour turnover rate
B
Low labour turnover rate
C
Zero labour turnover rate
D
Low labour absenteeism
Question 135Single Answer
Is the final step of controlling process, the managers takes corrective measures to bring back everything on track. Sometimes even after best efforts, if deviations cannot be corrected then what should be done ?
A
Revise the standards
B
Fire the managers
C
Shut the company
D
None of these
Question 136Single Answer
'Taking corrective action’ is ........ step in process of controlling.
A
First
B
Second
C
Third
D
Last
Question 137Single Answer
Planning is guided by past experience and corrective actions taken in the controlling process.Thus, it is regarded as
A
Backward-looking function
B
Forward-looking function
C
Pervasive function
D
None of the above
Question 138Single Answer
In controlling process, while setting performance standards, standards can be set
A
In quantitative terms only
B
In qualitative terms only
C
Both (a) and (b)
D
In subjective terms
Question 139Single Answer
Which standard(s) is/are used in production ?
A
Quality Standards
B
Quantity Standards
C
Cost Standards
D
All of these
Question 140Single Answer
Which of the following is the technique of measurement of performance ?
A
Personal observation
B
Sample checking
C
Performance reports
D
All of the above
Question 141Single Answer
................ Is often referred to as control by exception.
A
Deviation
B
Management by exception
C
Feedback
D
Critical point
Question 142Single Answer
Which of the following is an advantage of critical point control and management by exception ?
A
Saves time
B
Better utilisation of managerial talent
C
Facilitates delegation of authority
D
All of the above
Question 143Single Answer
Radihika Ltd is engaged in manufacturing machine components. The target production is 350 units per day. The company had been successfully attaining this target until four months ago. Over the last four months, it has been observed that daily production varies between 250-270 units.Identify the management function to rectify the above situation.
A
Coordination
B
Controjljng
C
Directing
D
Planning
Question 144Single Answer
The manager of 180 Ltd calculated total sales and revenue earned by each sales executive to conduct appraisals at the end of the year. Which step of controlling is highlighted here ?
A
Setting performance standards
B
Measurement of actual performance
C
Comparing actual performance with standards
D
Analysing deviations
Question 145Single Answer
Mr. Nirbhay Kapur, the CEO of Patna Ltd.
analysed the variances to find out the causes of variances. Identify the step of controlling process being performed
A
Measurement of actual performance
B
Comparing actual performance with standards
C
Analysing deviations
D
Taking corrective action
Question 146Single Answer
With which concept is the saying “If you try to control everything you may end up controlling nothing” associated ?
A
Critical point control
B
Management by exception
C
Control by exception
D
Both (b) and (c)
Question 147Single Answer
Himesh is a senior manager in a software consultancy firm. He regularly prepares performance reports of his subordinates as part of appraisal. The step of controlling process highlighted here is ......... .
A
Measuring performance
B
Compare performance against standard
C
Analysing deviation
D
Taking corrective action
Question 148Single Answer
Bajaj, the operation manager set a limit of 5% deviation in production and decided to take corrective action only if deviations occurred beyond 5%. Name the concept applicable here.
A
Coordination
B
Management principles
C
Management by exception
D
Critical point control
Question 149Single Answer
An efficient control system helps to
A
Judge accuracy of standards
B
Boost employee morale
C
Both (a) and (b)
D
None of the above
Question 150Single Answer
To avail the benefit of Consumer Protection Act, the consumer.