IT
Question : P, R and S are in partnership sharing profits 4/8, 3/8 and 1/8 respectively. It is provided under the partnership deed that on the death of any partner his share of goodwill is to be valued at one-half of the net profits credited to his account during the last 4 completed years (books of accounts are closed on 31st March). R died on 1st April, 2018. The firm's profits for the last 4 years were as follows: 2015 (Profits Rs. 1,20,000); 2016 (Profits Rs.60,000); 2017 (Losses Rs.20,000) and 2018 (Profits Rs. 80,000). The amount that should be credited to R in respect of his share of goodwill will be
Option 1: Rs 45,000
Option 2: Rs 90,000
Option 3: Rs 40,000
Option 4: None of the above.
Correct Answer: Rs 45,000
Solution : Answer = Rs 45,000 Total profits of last 4 years= 1,20,000+ 60,000+ (20,000)+ 80,000= 2,40,000. R's share of profit= 2,40,000×$\frac{3}{8}$= 90,000. R's share of goodwill= 90,000×$\frac{1}{2}$= 45,000. Hence, the correct option is 1.
Question : The statement below has been given with bracketed text. Select the option with correct idiom for the bracketed text.
That new budget bill was (totally useless) before it hit the Senate.
Option 1: a cry wolf
Option 2: a dead duck
Option 3: cold feet
Option 4: a fuel to the fire
Correct Answer: a dead duck
Solution : The correct choice is the second option.
The idiom a dead duck is used to describe something that is certain to fail or is already a failure. In the context of the sentence, it implies that the budget bill was ineffective and had
Question : It refers to a policy of replacement or substitution of imports by domestic production.
Option 1: Industrial policy
Option 2: Industrial licensing
Option 3: Foreign trade policy
Option 4: Import substitution
Correct Answer: Import substitution
Solution : Import substitution refers to a policy of replacement or substitution of imports by domestic production. Hence Option D is correct.
Question : Identify the segment that contains a grammatical error. If there is no error, select 'No Error'.
We talked about writing a will, but it / was one of the best thing you never get / around to doing.
Option 1: We talked about writing a will, but it
Option 2: was one of the best thing you never get
Option 3: around to doing.
Option 4: No Error
Correct Answer: was one of the best thing you never get
The word thing should be plural. The phrase one of the best indicates that multiple things are being referred to, so the word thing should be plural to match
Question : Planning involves ____________ It is essentially the process of choosing among various alternatives.
Option 1: Mental exercise
Option 2: Decision making
Option 3: Wasteful activities
Option 4: Both a and c
Correct Answer: Decision making
Solution : The planning function is needed only when different alternative are available and we have to select most suitable alternative. We cannot imagine planning in absence of choice because in planning function manager evaluate various alternative and select most appropriate. Hence, option 2 is the
Question : Select the word segment that substitutes (replaces) the bracketed word segment correctly and completes the sentence meaningfully. Select the option 'No correction required' if the sentence is correct as given.
His temperament (disposed him to) argue readily with people.
Option 1: disposed him of to
Option 2: dispose him to
Option 3: disposed him off to
Option 4: No correction required
Correct Answer: No correction required
Solution : The correct choice is the fourth option.
Explanation:
The original sentence is grammatically correct. The verb "disposed" is appropriately used in the sentence to convey the idea that his temperament inclined him to argue readily with people. In this context, "disposed" is
Question : Rearrange the following paragraph to answer the following question
(A) Therefore, it is an encouraging symbol, but we must watch against our rising pace of populace expansion.
(B) Deficiency mitigation is one of the most momentous programmes.
(C) Even though this modification is sluggish and steady, it appears to be unswerving.
(D) The degree of success of this programme can be gauged when we examine the share of citizens underneath deficiency line
Which sentence should come FIRST in the paragraph?
Option 1: A
Option 2: B
Option 3: C
Option 4: D
Correct Answer: B
Solution : The correct arrangement of sentences is: BCAD
B- This is the opening line of the paragraph which establishes the idea of deficiency mitigation
C- C and B form a mandatory pair. Here ‘this modification refers to deficiency mitigation.
A- This is the concluding sentence of
The overall cost of pursuing a master's degree in Food Science in Italy typically ranges from €8,000 to €20,000 per year, depending on the university and whether you are an EU or non-EU student. This estimate includes tuition fees, accommodation, living expenses, and other related costs. Additionally, there might be
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