General
Question : Angel Ltd., a stockbroker, purchased 5,000 shares of Tata Housing Ltd. It is
Option 1: Operating Activity
Option 2: Investing Activity
Option 3: Financing Activity
Option 4: General Activity
Correct Answer: Investing Activity
Solution : If a stockbroker, purchased shares of Tata Housing Ltd. than it is treated as Investing Activity.
Hence the correct answer is option 2.
Question : There are certain words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.
The decision made by the goverment of India to purchase crude oil at a discounted rate from Russia, when the Putin goverment is bombing civilians in Ukraine, is 1) __________________ by many. 2)________________ to the Narendra Modi administration’s request to not to politicise the issue, in the current scenario the decision is as much political as it is economic, however much we may wish it were not.
While the major countries like US, Europe , Japan and Australia have made no secret revelation that India should join them in 3) _____________________ Putin’s war, as the goverment of 141 countries who voted in favour of the UN General Assembly resolution did. Russia has intentionally offered the discount at the oil to show that India is among the ‘many’ countries that resist the Atlantic alliance’s attempt to 4) __________________ and punish Putin. On the other hand Xi’s China has suddenly discovered that Modi’s India is worth talking to: it will provide cover for the Xi government to not only 5) ________________ attention from its own support for Russia, but also to position itself as someone who is more willing to engage with the Atlantic alliance than India.
Choose the correct word to be used in the blank 2
Option 1: contrary
Option 2: defalcate
Option 3: ubiquitous
Option 4: impeccable
Correct Answer: contrary
Solution : The correct answer is contrary.
Contrary to the Narendra Modi administration’s request to not to politicise the issue, in the current scenario the decision is as much political as it is economic, however much we may wish it were not.
Explanation:
Contrary is the only
Question : The law permits a Company to offer 2,00,000 shares for sale for Rs.2 per share. The general public purchased three-quarters (3/4) of these shares. How much issued share capital is there?
Option 1: 4,00,000
Option 2: 5,00,000
Option 3: 1,00,000
Option 4: 3,00,000
Correct Answer: 3,00,000
Solution : If a company is allowed by law to sell 2,00,000 shares at Rs.2.00 each, then the total Authorised Share Capital will be Rs.2,00,000*2 = Rs.4,00,000. Out of this Rs.4,00,000, 3/4th was bought by the general public, So the Issued share capital will be 400000*3/4 =
Question : Comprehension: 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 number.
By the (1)_________ we reach puberty, the world has reached us and (2)_________ us to a greater extent than we realise. (3)________ family, friends, school, and society in general (4)_________ by word and example, how to be. But people (5)_________ leaders at that moment when they decide for themselves how to be.
Question: Select the most appropriate option to fill in the blank number 3.
Option 1: Their
Option 2: Her
Option 3: There
Option 4: Our
Correct Answer: Our
Solution : The fourth option is the correct answer.
In this sentence, "our" is a possessive pronoun that indicates the belonging of family, friends, school, and society to the individuals being discussed. It denotes a collective influence from these sources.
Therefore, the correct answer is our.
Question : Who among the following was the Governor-General of India when the Permanent Settlement was introduced in Bengal for revenue collection by the East India Company?
Option 1: Lord Cornwallis
Option 2: Lord Wellesley
Option 3: Lord Dalhousie
Option 4: Lord Canning
Correct Answer: Lord Cornwallis
Solution : The correct option is Lord Cornwallis.
Lord Cornwallis launched the Permanent Settlement, also known as the Permanent Settlement of Bengal, in 1793. The British East India Company and the Bengali landowners agreed to fix the amount of land revenue that would be raised.
Question : The principles of management are mainly behavioural in nature.The given statement tell us about which nature of the principles of management?
Option 1: Mainly behavioural
Option 2: Contingent
Option 3: General guidelines
Option 4: Flexible
Correct Answer: Mainly behavioural
Solution : Management principles AIMS at influencing behaviour of human beings there for principles of management are mainly behavioural in nature.
Hence, Option A is correct.
Question : Puran Store Ltd., an Unlisted Company, is to redeem 5000,8% Debentures of Rs. 100 each on 30th June 2020. It has a balance of Rs. 10,000 in Debentures Redemption Reserve. It decides to set aside the amount to Debentures Redemption Reserve on 31st March 2020 on which date it has
following Reserves and Surplus: Rs. Securities Premium Reserve 25,000 Capital reserve Rs 20,000 General Reserve 30,000; and Surplus, i.e., Balance in Statement of Profit and Loss 30,000 Balance Rs. 40,000 can be set aside to Debentures Redemption Reserve from:
Option 1: Capital Reserve and General Reserve
Option 2: Capital Reserve and Securities Premium Reserve
Option 3: General Reserve and Surplus, i.e., Balance in Statement of Profit and Loss
Option 4: Securities Premium Reserve and Surplus, i.e., Balance in Statement of Profit and Loss
Correct Answer: General Reserve and Surplus, i.e., Balance in Statement of Profit and Loss
Solution : Answer = General Reserve and Surplus, i.e., Balance in Statement of Profit and Loss.
Only revenue nature profits are transferred to the Debenture redemption Reserve account, General reserve and surplus of profit and loss
Question : Which of the following statements is correct about the President of India?
Option 1: Addresses the first session of Parliament after each General Election
Option 2: Addresses the first session of Parliament at the beginning of each year
Option 3: Addresses every session of Parliament
Option 4: Never addresses Parliament
Correct Answer: Addresses the first session of Parliament after each General Election
Solution : The correct answer is Addresses the first session of Parliament after each General Election.
The official head of the state is the President. When the newly elected lower house convenes for the first time after a
Question :
The general/capital fund of an NPO goes on accumulating due to:
Option 1:
surplus
Option 2:
life membership fee
Option 3:
deficit
Option 4: both 1 and 2
Question : How did the economic reforms in post-Soviet Russia impact the standard of living for the general population?
Option 1: There was an immediate improvement in living standards.
Option 2: Living standards remained unchanged.
Option 3: There was a significant decline in living standards initially.
Option 4: Living standards improved uniformly across all regions.
Correct Answer: There was a significant decline in living standards initially.
Solution : Correct Option: Option 3 Explanation: The economic reforms in post-Soviet Russia, including shock therapy and privatization, led to a significant decline in living standards initially for the general population, with increased poverty and inequality.
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