Question : Adiraj and Karan were partners in a firm sharing profits and losses in the ratio 3: 2. On 31st March 2018 the firm was dissolved. After the transfer of assets (other than cash in hand and at the bank) and third-party liabilities to the Realization Account, the following information was provided:
Question:
A bill receivable of Rs. 3,000 under discount was dishonoured as the acceptor had become insolvent and hence the bill had to be met by the firm. The Journal entry will be
Option 1: Bill receivable account debited and bank account credited Rs 3,000
Option 2: Realisation account debited Rs 3,000 and credited B/R account Rs 3,000
Option 3: Realisation account debited Rs 3,000 and credited bank account Rs 3,000
Option 4: None of the above
Correct Answer: Realisation account debited Rs 3,000 and credited bank account Rs 3,000
Solution : Answer = Realization account debited Rs 3000 and credited bank account Rs 3000
When BIR under-discounted and dishonoured as an acceptor became insolvent, the Bill had to be met by the firm.
Realisation Alc Dr. 3000
To Bank A/c 3000
Hence, the correct option is 3.
Question : There are few words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.
On April 1,2022 Pope Francis apologized to First Nations, Inuit and Métis 1) ____________________, he acknowledged the amount of harm done by residential schools in Canada and marking a significant step in the church admitting its role in the 2) _________________ of Indigenous communities and children. Although the apology was very important but it also raised questions as what it means when a pope apologises.
For once it is unthinkable that pope will apologise, as for accepting the fault would mean that the church was 3) ___________________. However, the Second Vatican Council, an assembly of bishops, cardinals, heads of religious orders and 4) ___________________ that met from 1962 to 1965 contributed towards the modernization of the church shifted the church’s perspective on change and 5) _____________________ major changes. It also paved the way of admitting the fault.
Choose the correct word to be used in the blank 3
Option 1: eclectic
Option 2: languid
Option 3: religious
Option 4: sinful
Correct Answer: sinful
Solution : The correct answer is sinful.
For once it is unthinkable that pope will apologise, as for accepting the fault would mean that the church was sinful.
Explanation:
Sinful is the only word that will fit the blank and make the sentence coherent.
It means wicked and immoral; sinful or characterized by sinfulness.
Meaning of the rest of the words
Eclectic- deriving ideas, style, or taste from a broad and diverse range of sources.
Languid- weak or faint as a result of illness or fatigue.
Religious-relating to or believing in a religion:
may i know the weightage for manipal entrance test btech?
Hello Aspirant,
The Manipal Entrance Test (MET) is administered by the Manipal Academy of Higher Education. A national-level entrance exam is called the MET. Registration for MET 2023 opened on October 13, 2022. The exam is scheduled for April 28–30, 2023, and slot reservations are being taken from April 21–24, 2023.
Multiple Choice Questions (MCQs):
- Mathematics - 15
- Physics - 10
- Chemistry - 10
- English - 10
Numerical Answer Type (NAT):
- Mathematics -5
- Physics - 5
- Chemistry - 5
You can refer the below link for more detaills and the weightage:
https://engineering.careers360.com/articles/met-exam-pattern
Thank you
Question : Directions: Read the following text and answer the questions.
The world is becoming global rapidly. The national boundaries have become less significant with the interlinked effects of technology, information flows, and investment mobility. Human knowledge, particularly in the sphere of science and technology, is now growing at a pace that was indeed unthinkable even two decades ago.
The comparative advantage of a nation will be more and more influenced by its capacity to generate, absorb, adapt, and assimilate new technologies into the production process. If liberalization and globalization are not to create islands of prosperity surrounded by vast sea destitution, there has to be a firm commitment to human resource development and to the continuous upgrading of human skills and capabilities in the fast-changing world that we live in. The Indian policymakers are fully committed to building a society that is technologically sophisticated, economically progressive, and socially just, and humane.
The impact of globalization on education is now being felt in India. Indian entrepreneurs are also now investing in education. In the process of privatization of higher education in India, many good institutions have come up and have met the increasing demand for higher education mainly in the area of engineering, business administration, and medical education. But this process has also led to the mushroom growth of low-quality institutions without proper infrastructure, However, the expansion of higher education in India has resulted in increasing access to higher education even in rural areas of the country. In this process, Human Resource Development is taking place at a faster speed as compared to the earlier stage when the opportunities for higher education were limited. Globalization has promoted information technology in India. Indian students have excelled in the area of information technology over many other countries. Development taking place in the developed countries become available to Indian students, scholars, and practitioners through regular contacts and modern technology.
Question:
Which area has shown significant rise in the past decade?
Option 1: Human knowledge in the field of science and technology
Option 2: Increase in the production process
Option 3: Financial growth of the market
Option 4: Resource development
Correct Answer: Human knowledge in the field of science and technology
Solution : The correct answer is option 1.
Explanation:
Human knowledge in the field of science and technology has shown a significant growth. It stated in the beginning of the paragraph:
Human knowledge, particularly in the sphere of science and technology, is now growing at a pace that was indeed unthinkable even two decades ago.
So the correct option is1
Question : Directions: Read the following text and answer the questions.
The world is becoming global rapidly. The national boundaries have become less significant with the interlinked effects of technology, information flows, and investment mobility. Human knowledge, particularly in the sphere of science and technology, is now growing at a pace that was indeed unthinkable even two decades ago.
The comparative advantage of a nation will be more and more influenced by its capacity to generate, absorb, adapt, and assimilate new technologies into the production process. If liberalization and globalization are not to create islands of prosperity surrounded by vast sea destitution, there has to be a firm commitment to human resource development and to the continuous upgrading of human skills and capabilities in the fast-changing world that we live in. The Indian policymakers are fully committed to building a society that is technologically sophisticated, economically progressive, and socially just, and humane.
The impact of globalization on education is now being felt in India. Indian entrepreneurs are also now investing in education. In the process of privatization of higher education in India, many good institutions have come up and have met the increasing demand for higher education mainly in the area of engineering, business administration, and medical education. But this process has also led to the mushroom growth of low-quality institutions without proper infrastructure, However, the expansion of higher education in India has resulted in increasing access to higher education even in rural areas of the country. In this process, Human Resource Development is taking place at a faster speed as compared to the earlier stage when the opportunities for higher education were limited. Globalization has promoted information technology in India. Indian students have excelled in the area of information technology over many other countries. Development taking place in the developed countries become available to Indian students, scholars, and practitioners through regular contacts and modern technology.
Question:
Find out the word which is a synonym of 'significant' is:
Option 1: trivial
Option 2: minor
Option 3: idle
Option 4: notable
Correct Answer: notable
Solution : The correct answer is option 4.
Explanation:
The correct response is 'notable.'
Significant means sufficiently great or important to merit attention; noteworthy.
- Notable means deserving of attention or notice; exceptional.
As a result, notable is a synonym for significant.
The following are the meaning of the other words: -
-Trivial- of little worth or significance.
- Minor- less important, serious, or significant.
- Idle-not working or actively engaged; unemployed; doing nothing
Question : Ronit Raj, a marketing manager is a patient of diabetes for which he takes medicines regularly. One day, on his tour to Patna, he met with an accident and was hospitalised. Due to doctors negligence a delicate nerve of his right leg was cut rendering him crippled throughout his life. Identify the consumer right that has been violated by the doctors under the Consumer Protection Act, 1986 in the above situation.
Option 1: Right to safety
Option 2: Right to be informed
Option 3: Right to consumer education
Option 4: Right to be heard
Correct Answer: Right to safety
Solution : Right to safety: The consumer has a legal right to protection from goods and services that could endanger their health or even their lives. Hence, the correct option is 1.
Question : Ashu is the owner of a plant that produces motor spare parts. He projected a 400 unit production every three months. The workforce met the goal in the first quarter, but by the second quarter, production had plummeted to 300–350 units. Ashu did everything he could to energise his team, announcing overtime for extra hours worked and giving them all the amenities needed for better working circumstances, but the team was unable to meet the goal. He was unsure of which aspect required more managerial focus. Choose the managerial function from the list below that will assist Ashu in determining the causes of his failure to meet his goals:
Option 1: Planning
Option 2: Organising
Option 3: Directing
Option 4: Controlling
Correct Answer: Controlling
Solution : Controlling is a procedure that involves contrasting actual performance with the expected result in order to make sure that goals are successfully attained. Under the given problem, Ashu tried to motivate his workers by announcing overtime for extra time work and providing them with all facilities for better working conditions. Hence, the correct option is 4.