BAD
Question : When some companies, in order to cover up their bad financial position resort to ----------- i.e., showing a better position than the one which really exists. They change their balance sheet in such a way that the important facts and truth may be concealed.
Option 1: Book keeping
Option 2: Accounting
Option 3: Accountancy
Option 4: Window dressing
Correct Answer: Window dressing
Solution : Answer = Window dressing
Window dressing refers to the practice of manipulating financial statements to present a more favourable picture of a company's financial position and performance than is the case. This may involve selectively disclosing information, altering accounting methods, or engaging in transactions solely to improve the appearance of stakeholders or investors. Hence, the correct option is 4.
Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
Unemployment arises from a variety of_____ (1). One which is always recurring and the effects of which we have had a recent example is the disorganisation of the industry resulting from a long war, this is a serious______ (2) admitting of no easy ________(3) at the best of times. Again there is unemployment which followed a marked diminution in the______ (4) of any raw product, such as cotton; fewer hands are required in the mills and the factories. We may call this the cause of bad harvests. Similar, but more serious is the effect of changes in industry due to the invention of machinery which does more work and requires________ (5) hands. Yet another cause is strike or lockout and this is more to be deplored because such a stoppage is due to a very trivial matter, perhaps the men are working half an hour longer than what their Union permits.
Select the most appropriate option to fill in the blank number 4.
Option 1: material
Option 2: quality
Option 3: quantity
Option 4: cloth
Correct Answer: quantity
Solution : The correct choice is the third option.
In this context, quantity makes sense, as a decrease in the quantity of a raw product like cotton would lead to fewer hands being required in mills and factories.
Question : Select the most appropriate meaning of the given idiom.
Call it a day.
Option 1: Call it as a bad day.
Option 2: Stop thinking in daytime.
Option 3: Call it as a good and productive day.
Option 4: Stop working on something.
Correct Answer: Stop working on something.
Solution : The fourth option is correct.
Call it a day means to decide to stop doing something.
Question : Select the option that can be used as a one-word substitute for the given group of words.
One who is bad at spelling.
Option 1: Cartographer
Option 2: Cacographer
Option 3: Chauffer
Option 4: Calligrapher
Correct Answer: Cacographer
Solution : The correct choice is the second option, cacographer.
A cacographer is someone who has poor handwriting or spelling abilities. It refers to a person who writes or spells poorly, often producing illegible or error-filled written work.
The meanings of the other options are as follows:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.
The rain was coming down relentlessly. Even (1)______ a fast windscreen wiper, the road was (2)____ visible in the dark. Away from the noisy station we had just left, I (3)_____ the empty roads. Indeed, who would be walking (4)____ at such a late hour in the pouring rain? Shekhar was (5)____ steady driver as a rule, but we (6)____ both worried by now and he was already driving (7)______ fast. The road conditions were (8)____ from good. It was a bad ride, but we barely noticed it as we were so (9)______. The only thing I was worried about was finding my daughter, a young, (10)_______ girl alone on the streets at this hour.
Question:
Select the most appropriate option to fill in the blank 1.
Option 1: with
Option 2: of
Option 3: so
Option 4: by
Correct Answer: with
Solution : The correct choice is the first option.
The use of with in this context indicates that despite having a fast windscreen wiper, the road was still visible in the dark.
Select the most appropriate option to fill in the blank 7.
Option 1: suddenly
Option 2: clearly
Option 3: nearly
Option 4: extremely
Correct Answer: extremely
Solution : The correct choice is the fourth option.
The word extremely is an adverb that intensifies the adjective that follows it. In this sentence, it amplifies the word fast, indicating that Shekhar was driving at a speed much greater than usual.
Select the most appropriate option to fill in the blank 3.
Option 1: noticed
Option 2: am noticing
Option 3: noticing
Option 4: notices
Correct Answer: noticed
The use of noticed implies that the speaker became aware of or observed the empty roads after leaving the noisy station.
Ambition is a vital ingredient for success. Without ambition to push us, we will not be (1)_____of great achievements. We all need that special something (2)_____ourselves to give us the willpower to reach a higher goal (3)_____we imagine ourselves capable (4)_____Yet, ambition, (5)_____money and fire, is a good servant, but a bad master.
Select the most appropriate option to fill in the blank number 3.
Option 1: then
Option 2: than
Option 3: that
Option 4: what
Correct Answer: than
Solution : The correct choice is the second option.
In this context, than is used to make a comparison. It shows that with the help of ambition, individuals can reach a higher goal than what they might initially imagine themselves capable of achieving. Ambition acts as a motivator that allows people to surpass their own expectations.
Question : Writing off bad debts against the provision for doubtful debts; would result in inflow/outflow/no flow of Cash and Cash Equivalents:
Option 1: Inflow of cash
Option 2: Outflow of cash
Option 3: Neither inflow Nor outflow
Option 4: Cash and cash equivalent
Correct Answer: Neither inflow Nor outflow
Solution : Answer = neither inflow nor outflow of cash If bad debt is written off against provision for doubtful debts would result in no flow of cash Provision for doubt full debt A/ C Dr To Bad debts A/c Hence, the correct option is 3.
Question : On dissolution of a firm, debtors Rs. 34,000 were shown in the Balance Sheet. Out of this, Rs. 4000 became bad. One debtor became insolvent. 70% was recovered from him out of Rs.10,000 Full amount was recovered from the balance debtors. On account of this item, the loss in the realisation account will be :
Option 1: Rs 51,000
Option 2: Rs 15,000
Option 3: Rs 35,000
Option 4: Rs 7,000
Correct Answer: Rs 7,000
Solution : Answer = Rs 7,000
Hence, the correct option is 4.
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