Syllabus
Question : Civil liberties organizations during the Crisis of the Constitutional Order played a crucial role in:
Option 1: Advocating for economic reforms
Option 2: Promoting environmental conservation
Option 3: Defending human rights and freedoms
Option 4: Supporting religious harmony
Correct Answer: Defending human rights and freedoms
Solution : Civil liberties organizations played a crucial role in defending human rights and freedoms during the Crisis of the Constitutional Order, as they worked to protect individuals from government abuses and promote democratic principles.
Question : The term "disinvestment" in the government budget refers to:
Option 1: Reduction in public expenditure
Option 2: Sale of government assets or shares in public sector enterprises
Option 3: Increase in subsidies
Option 4: Borrowing from international financial institutions
Correct Answer: Sale of government assets or shares in public sector enterprises
Solution : The correct answer is (b) Sale of government assets or shares in public sector enterprises.
In the context of the government budget, the term "disinvestment" refers to the process of selling government-owned assets or shares in
Question : Directions: In the following question, from the given alternative words, select the word that cannot be formed using the letters of the given word. POLYTHEISM
Option 1: HOTELS
Option 2: SMITH
Option 3: PISTOL
Option 4: THESIS
Correct Answer: THESIS
Solution : Given: POLYTHEISM
Now, let's compare all the option words with the word POLYTHEISM – First option: HOTELS; All the letters of HOTELS are present in the word POLYTHEISM. Second option: SMITH; All the letters of SMITH are present in the word POLYTHEISM. Third option: PISTOL;
Question : If we deduct depreciation from GNP the measure of aggregate income that we obtain is called _____.
Option 1: Gross domestic product
Option 2: National income
Option 3: Private income
Option 4: Net national product
Correct Answer: Net national product
Solution : The correct answer is Net national product.
The amount of total income obtained after deducting depreciation from the gross national product is known as the net national product (NNP). It is calculated by deducting capital stock consumption, or depreciation value, from Gross National
Question : Directions: In the following question, a sentence is given with a blank that is to be filled in with an appropriate word. Four alternatives are suggested; choose the correct alternative out of them as your answer. Due to heavy rains, the match was called____.
Option 1: of
Option 2: off
Option 3: down
Option 4: out
Correct Answer: off
Solution : The second option is the correct answer.
"Call off" means to cancel something, especially an event. This is the only phrasal verb that fits the sentence appropriately.
"Call down" means to request or order someone to come down from a higher place.
"Call out" means
Question : In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase. To go a long way
Option 1: To become successful in life
Option 2: To join a foreign company
Option 3: To avoid short cuts
Option 4: To go on a long drive
Correct Answer: To become successful in life
Solution : The correct choice is the first option.
The idiom to go a long way figuratively means making significant progress or achieving success in one's endeavours over time. It implies moving forward, making advancements, and accomplishing goals, especially in the context of
Question : There is a Parliamentary system of Government in India because
Option 1: The Lok Sabha is directly elected by the people
Option 2: The parliament can amend the constitution
Option 3: The Rajya Sabha cannot be dissolved
Option 4: The Council of Ministers is responsible to the Lok Sabha
Correct Answer: The Council of Ministers is responsible to the Lok Sabha
Solution : The correct option is The Council of Ministers is responsible to the Lok Sabha.
India chooses the parliamentary form of government because a citizen of India does not choose their president directly. Although the president is
Question : Directions: Which term from among the given options can replace the question mark (?) in the following series to make it logically complete? S16H, T13J, ?, V23N, W46P
Option 1: U39L
Option 2: U26L
Option 3: U10K
Option 4: U29K
Correct Answer: U26L
Solution : Given: S16H, T13J, ?, V23N, W46P
Add 1 to the positional value of the first letter and subtract 3 from the positional value of the third letter, subtract 3 and multiply 2 alternatively to the numbers – S16H→S + 1 = T; 16 – 3
Question :
R, B and L were partners in a firm sharing profits and losses in the ratio equally. With effect from 1st April, 2018 they decided to share future profits and losses in the ratio of 3:2:1. On that date their Balance Sheet showed a debit balance of Rs. 24,000 in Profit and Loss Account and a balance of Rs. 1,44,000 in General Reserve.
It was also agreed that:
(a) The goodwill of the firm be valued at Rs. 1,80,000.
(b) The Land (having book value of Rs. 3,00,000) will be valued at Rs. 4,80,000.
Treatment of General Reserve?
Option 1: Debited each partners capital account with Rs 48,000
Option 2: Credited each partners capital account by Rs 48,000
Option 3: Both 1 and 2
Option 4: None of the above
Correct Answer: Credited each partners capital account by Rs 48,000
Solution : Answer = Credited each partner's capital account by Rs 48,000
General Reserve A/c Dr 1,44,000
To R's Capital A/c 48000
To B's Capital A/c 48000
To L's Capital A/c 48000
(old ratio = 1:1:1) Hence, the correct option
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