CS
Question : The process of creating credit money by commercial banks is known as ___________.
Option 1: Credit creation
Option 2: Credit control
Option 3: Credit extension
Option 4: Credit allocation
Correct Answer: Credit creation
Solution : The correct answer is (a) Credit creation.
The process of creating credit money by commercial banks is known as credit creation. Commercial banks have the ability to create credit by extending loans and making advances to borrowers. When a bank grants a loan, it
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Question : Select the most appropriate option that can substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No substitution required’. He and his father take a ride every morning to the top of the hill.
Option 1: taking a ride
Option 2: No substitution required
Option 3: takes an ride
Option 4: takes a ride
Correct Answer: No substitution required
Solution : The correct choice is the second option.
The original sentence, "He and his father take a ride every morning to the top of the hill", is grammatically correct. It describes the regular action of both a person and their father riding to
Question : Directions: A piece of paper is folded and cut as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.
Option 1:
Option 2:
Option 3:
Option 4:
Correct Answer:
Solution : When the given folded paper is unfolded, it will look like –
Hence, the first option is correct.
Question : Directions: Three statements are given, followed by four conclusions numbered I, II, III, and IV. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements. Statements: Some desks are trays. Some trays are plates. Some plates are desks. Conclusions: I. All desks are plates. II. All plates are desks. III. Some plates are trays. IV. All trays are desks.
Option 1: Only conclusion III follows
Option 2: Only conclusion IV follows
Option 3: Only conclusion II follows
Option 4: Only conclusion I follows
Correct Answer: Only conclusion III follows
Solution : The possible Venn diagram according to the given statements is as follows –
Let's analyse the conclusions – Conclusion I: All desks are plates – From the above diagram, it is clear that only some parts of the circle that are desks
Question : Directions: Select the missing number from the given responses.
Option 1: 46
Option 2: 69
Option 3: 29
Option 4: 78
Correct Answer: 78
Solution : Given:
In each column, the third number is the difference between the first two numbers. Column 2: 96 – 27 = 69 Column 3: 142 – 29 = 113 Similarly, Column 1: (?) – 21 =
Question : Realisation A/c is a :
Option 1: Nominal A/c
Option 2: Real A/c
Option 3: Personal A/c
Option 4: Real A/c as well as Personal A/c
Correct Answer: Nominal A/c
Solution : To keep track of the sale of these assets and the payment of liabilities, a nominal account called the Realisation account is established. This account aids in determining the firm's profit or loss as a result of the realisation of assets and liabilities at
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