General
Question : Right shares are not offered to the existing equity shareholders if :
Option 1: The company in General Meeting has so decided by a special resolution
Option 2: It is decided by an Ordinary Resolution and the same has been approved by the Central Government
Option 3: Both option 1 and 2
Option 4: None of the above
Correct Answer: Both option 1 and 2
Solution : Right shares are not offered to the existing equity shareholders if the company in General Meeting has so decided by a special resolution or decided by an Ordinary Resolution and the same has been approved by the Central Government. Hence the
Question : Grant received from the Government for a specific purpose is restricted to be used for the purpose it is granted is known as
Option 1: Government Grant
Option 2: Capital Fund
Option 3: General Fund
Correct Answer: Government Grant
Solution : Grant received from the Government for a specific purpose is restricted to be used for the purpose it is granted. A grant acquired from the Government for a distinct purpose, limited to its designated use, is termed a "Government Grant." These funds are dedicated
Question : The then Finance Ministry issued a notification amending the Electoral Bonds Scheme to allow the sale of electoral bonds for extra _____ days in the year of general elections to the Legislative Assembly of States and UTs with the legislature.
Option 1: 45
Option 2: 35
Option 3: 15
Option 4: 25
Correct Answer: 15
Solution : The correct answer is 15.
The purpose of the bonds is to raise money for political parties. A notification to change the plan to provide for "an additional period of 15 days" for their sale "in the year of general elections to the Legislative
Question : Who was the Governor-General of India when the permanent settlement was introduced in 1793?
Option 1: Warren Hastings
Option 2: Charles Cornwallis
Option 3: Thomas Munro
Option 4: Robert Clive
Correct Answer: Charles Cornwallis
Solution : The correct option is Charles Cornwallis.
When Lord Cornwallis served as India's Governor-General in 1793, the permanent settlement plan was implemented. During his tenure as Governor-General of India (1786–1793), Lord Cornwallis instituted the Permanent Settlement, popularly referred to as the Cornwallis Code, in several
Question : Kavya ltd. prepared budget in its Annual general meeting for the year 2016-17. What kind of plan is it?
Option 1: Single use plan
Option 2: Standing plan
Option 3: Objective plan
Correct Answer: Single use plan
Solution : A budget is a numerically expressed statement of expected results. Budget results are always measurable and, most of the time, predictable. Managers at all levels prepare budgets. The budget is a one-time use plan. Hence, option 1 is the correct answer.
Question : Who was the German General nicknamed 'Desert Fox' during the Second World War?
Option 1: General Nelson
Option 2: General Erwin Rommel
Option 3: Adolf Hitler
Option 4: No option is correct
Correct Answer: General Erwin Rommel
Solution : The correct answer is General Erwin Rommel.
Rommel was a capable and inventive leader who gained the admiration of both friends and adversaries. He was famous for his daring and aggressive tactics and was frequently able to outwit his opponents. Rommel's most notable
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.
The concept of motivation focuses on explaining what 'moves' behaviour. In fact, the term (1)_______ is derived from the Latin word 'movere', referring to the movement of activity. Most of our everyday explanation of (2)________ is given in terms of motives. Motives also help in making (3)__________ about behaviour. A person will work hard in school, in sports, in business, in music, and in many other situations, if he/she has a very strong need for (4)__________. Hence, motives are the general states that enable us to make predictions about behaviour in many different situations. In other words, motivation is one of the (5)_________ of behaviour. Instincts, drives, needs, goals, and incentives come under the broad cluster of motivation.
Question: Select the most appropriate option to fill in the blank number (4).
Option 1: achievements
Option 2: motivation
Option 3: desire
Option 4: grow
Correct Answer: achievements
Solution : The correct choice is the first option.
In the context provided, the passage discusses how having a strong need for achievements motivates individuals to work hard in various areas such as school, sports, business, and music. "Achievements" refer to the accomplishments or successes that
Question : Banwari, Girdhari and Murari are partners in a firm sharing profits and losses in the ratio of 4: 5: 6. On 31st March, 2014, Girdhari retired. On that date the capitals of Banwari, Girdhari and Murari before the necessary adjustments stood at Rs. 2,00,000, Rs. 1,00,000 and Rs. 50,000 respectively. On Girdhari's retirement, goodwill of the firm was valued at Rs. 1,14,000. Revaluation of assets and reassessment of liabilities resulted in a profit of Rs. 6,000. General Reserve stood in the books of the firm at Rs. 30,000 .
The amount payable to Girdhari was transferred to his Loan Account. Banwari and Murari agreed to pay Girdhari two yearly instalments of Rs. 75,000 each including interest @10% p.a. on the outstanding balance during the first two years and the balance including interest in the third year. The firm closes its books on 31st March every year Question: Interest charged on March 31, 2015 is
Option 1: Rs 7,500
Option 2: Rs 10,000
Option 3: Rs 15,000
Correct Answer: Rs 15,000
Solution : Answer = Rs 15000
Interest charged on March 31, 2015 is
1,50,000 x 10% = Rs 15000 Hence, the correct option is 3.
Question : How did the outcomes of the first three general elections influence the political culture of India?
Option 1: They encouraged political apathy
Option 2: They led to the rise of authoritarianism
Option 3: They fostered a culture of political participation
Option 4: They promoted regionalism over nationalism
Correct Answer: They fostered a culture of political participation
Solution : The outcomes of the first three general elections fostered a culture of political participation in India by establishing a democratic tradition and encouraging the involvement of the masses in the electoral process.
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