Eligibility
Question : The Partnership Deed is silent on the rate of interest to be paid on the amount due to the heirs of the deceased partner. At what rate interest on the outstanding amount shall be payable?
Option 1: At the rate at which the banks grant loan.
Option 2: At the rate of interest provided in the Partnership Act, 1932.
Option 3: At the rate of interest demanded by the heirs of the deceased partner.
Option 4: 12% PA
Correct Answer: At the rate of interest provided in the Partnership Act, 1932.
Solution : Answer = At the rate of interest provided in the Partnership Act of 1932. In the absence of any specific provision in the Partnership Deed regarding the rate of interest payable to the heirs of
Question : What impact did the decline of traditional crafts have on artisans in rural society?
Option 1: Increased dependence on agriculture
Option 2: Migration to urban areas
Option 3: Adoption of new crafts
Option 4: All of the above
Correct Answer: All of the above
Solution : The decline of traditional crafts in rural society had a profound impact on artisans, leading to increased dependence on agriculture, migration to urban areas in search of work, and the adoption of new crafts to sustain their livelihoods.
Question : Directions: In the following question, one statement is given followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follow from the given statement. Statement: Songs always have singers to sing them. Conclusions: I. Singers make a song. II. There is no un-sung song.
Option 1: Only conclusion II follows
Option 2: Both conclusions I and II follow
Option 3: Neither conclusion I nor II follows
Option 4: Only conclusion I follows
Correct Answer: Neither conclusion I nor II follows
Solution : According to the given statement – Conclusion I: Singers make a song. This conclusion does not necessarily follow from the given statement. The statement mentions that songs have singers to sing them, which implies a relationship between singers and songs,
Question : Case Study: ABC Corporation - Financing Growth Strategies
ABC Corporation, a leading manufacturing company, is looking to finance its growth strategies. The company is exploring various sources of business finance to achieve its expansion goals.
Questions : Different Sources of Finance
What are GDRs and ADRs, which ABC Corporation is considering as potential sources of finance?
Option 1: Government Debt Records
Option 2: Equity shares with higher dividends
Option 3: International financial statements
Option 4: Instruments for raising capital in global markets
Correct Answer: Instruments for raising capital in global markets
Solution : The correct answer is (d) Instruments for raising capital in global markets
GDRs (Global Depository Receipts) and ADRs (American Depositary Receipts) are financial instruments that companies can use to raise capital in global markets. GDRs are typically issued outside
Question : Which part of the plant gives us saffron?
Option 1: Roots
Option 2: Petals
Option 3: Stem
Option 4: Stigma
Correct Answer: Stigma
Solution : The correct option is Stigma.
Saffron is obtained from the stigma of the saffron crocus (Crocus sativus) flower, which is the female reproductive part. The stigmas are carefully collected, dried, and used to make saffron, which is a prized spice. Jammu and Kashmir, and
Question : Directions: A is the mother of B. C is the son of A. D is the brother of E, and E is the daughter of B. Who is the grandmother of E?
Option 1: A
Option 2: B
Option 3: C
Option 4: D
Correct Answer: A
Solution : As per the given information, the family tree will be as follows –
Here, the quadrilateral represents the male, and the circular figure represents the female in the figure.
So, from the above family tree, A is the grandmother of E. Hence, the first option
Question : Which among the following countries will host the Men's FIH Hockey World Cup – 2023?
Option 1: Pakistan
Option 2: Australia
Option 3: Germany
Option 4: India
Correct Answer: India
Solution : The correct option is India.
The 2023 Men's FIH Hockey World Cup marked the 15th edition of the prestigious men's national field hockey, organised by the International Hockey Federation (FIH) on a quadrennial basis. This global sporting event took place in Odisha, India, from
Question : Choose the correct statement:
Statement 1: Cross-sectional Analysis compares a firm's ratios to those of a few chosen companies in the same industry or to the industry average at the same period. A similar comparison is beneficial in determining the firm's relative performance.
Statement 2: Comparing a company's present ratios to its prior ratios is another technique to make comparisons using time-series analysis.
Option 1:
Statement 1 is correct, Statement 2 is wrong
Option 2: Statement 2 is correct, Statement 1 is wrong
Option 3: Both Statements are correct
Option 4: Both Statements are wrong
Correct Answer: Both Statements are correct
Solution : Cross-sectional Analysis means comparing a firm's ratios to those of a few chosen companies in the same industry or the industry average at the same period. A similar comparison is beneficial in determining the firm's relative performance. And to compare a firm's
Question : Directions: Select the option that is related to the fifth number in the same way as the second number is related to the first number and the fourth number is related to the third number. 8 : 32 :: 12 : 72 :: 18 : ?
Option 1: 180
Option 2: 234
Option 3: 208
Option 4: 162
Correct Answer: 162
Solution : Given: 8 : 32 :: 12 : 72 :: 18 : ?
Second number = (First number) × (First number ÷ 2) Like, 8 : 32→(8) × (8 ÷ 2) = 8 × 4 = 32 12 : 72→(12) × (12 ÷ 2) = 12
Question : Directions: In the following question, identify the diagram that represents the best relationship among the classes given below. Lion, Fox, and Carnivorous
Option 2:
Option 3:
Option 4:
Correct Answer:
Solution : Both lions and foxes are carnivorous. Therefore, both the circles will be inside the circle of carnivorous. But there is no direct relationship between lion and fox. So, both the circles will not overlap with each other.
Based on the above conclusions, the following Venn diagram
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