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Question :  Ashwathi Ltd. issued 40,00,000, 10% Debentures of Rs.50 each at a discount of 8% on April 1, 2010, redeemable in four equal annual instalments starting with March 31, 2013.
Securities premium account shows a balance of Rs.70,00,000. Compute the amount of discount/loss to be written off through statement of profit and loss account is –

 

Option 1: Rs 1.6 cores 

Option 2: Rs 0.09 crores 

Option 3: Rs 0.9 crores 

Option 4: Rs 16 crores 

Team Careers360 24th Jan, 2024

Correct Answer: Rs 0.9 crores 


Solution : Answer = Rs 0.9 crores 

Discount on issue of debentures(40,00,000@50 each)= 20,00,00,000×8%= 1,60,00,000.

Securitites premium reserve A/c.......Dr             70,00,000
Surplus in the statement of P&L A/c........Dr      90,00,000
         To Discount on issue of debentures A/c                            1,60,00,000
Hence, the correct option is 3.

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Question : Which is the soft, malleable and silvery-yellow metal with atomic number 59 in the lanthanide series?

Option 1: Neodymium

Option 2: Praseodymium

Option 3: Promethium

Option 4: Gadolinium

Team Careers360 22nd Jan, 2024

Correct Answer: Praseodymium


Solution : The correct option is Praseodymium.

Praseodymium is a chemical element with the symbol Pr and atomic number 59. It is a member of the lanthanide series, which is a group of 15 elements located in the f-block of the periodic table. Praseodymium, like many

113 Views

Question : Directions: Select the word pair that best represents a similar relationship to the one expressed in the pair of words given below.
(The words must be considered meaningful English words and must not be related to each other based on the number of letters/number of consonants/vowels in the word.)
Passenger : Bus

Option 1: Aeronaut : Hot air balloon

Option 2: Pirate : Ship

Option 3: Pilot : Aircraft

Option 4: Astronaut : Aircraft

Team Careers360 21st Jan, 2024

Correct Answer: Aeronaut : Hot air balloon


Solution : Given:
Passenger : Bus (This depicts the relation between persons travelling or associated with the mode of transport.)

Let's check each option –
First option: Aeronaut: Hot air balloon; Aeronaut is a traveller on a hot air balloon.
Second option: Pirate

20 Views

Hi my ews rank is 791 in clat 2024 and i havent been alloted any seat in 2nd round and is there any chance of me getting a college also my air was around 8000

Mahak Yadav 16th Dec, 2024

Given your EWS rank of 791 and AIR around 8000 in CLAT 2024 , and the fact that you were not allocated a seat in the 2nd round , there is still a chance of securing a seat in the 3rd round or spot counseling if vacancies arise. However, top

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Question : Direction: In each of the following question, select the missing number from the given responses.

7 6 8
5 4 9
3 2 1
83 56 ?

 

Option 1: 146

Option 2: 128

Option 3: 136

Option 4: 148

Team Careers360 22nd Jan, 2024

Correct Answer: 146


Solution : Given:

7 6 8
5 4 9
3 2 1
83 56 ?

In the first column, (7)² + (5)² + (3)² = 49 + 25 + 9 = 83

In the second column, (6)² + (4)² + (2)² = 36 + 16 + 4

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