IT
Question : Sentences of a paragraph are given below. While the first and the last sentences ( 1 and 6) are in the correct order, the sentences in between are jumbled up (A to D). Arrange the sentences in the correct order to form a meaningful and coherent paragraph.
1. Biogas is a mixture of methane, carbon dioxide and hydrogen with others. A. Biogas is produced by anaerobic degradation of animal wastes (some plant wastes) in presence of water. B. Thus, biogas is a non-polluting, cleaned and low cost fuel. C. Anaerobic degradation means breakdown of organic matter which is done in the absence of oxygen. D. It is mostly used in rural areas where ample animal and agricultural waste is available. 6. Biogas eliminates the risk of health hazards offered by other fuels.
Option 1: DABC
Option 2: CBDA
Option 3: ACBD
Option 4: BDAC
Correct Answer: ACBD
Solution : The correct choice is the third option.
The initial sentence (A) introduces the concept of biogas as a mixture of methane, carbon dioxide, and hydrogen. The subsequent sentence (C) explains the process of biogas production through anaerobic degradation, clarifying that it occurs in the
Question : On 1st Nov. 2018, VIVO lLtd. issued 40,000, 10% Debentures of Rs.100 each at a discount of 5%, redeemable at par after four years. The debentures were fully subscribed. It has a balance of Rs.80,000 in Capital Reserve and Rs.1,50,000 in Securities Premium Reserve which the company decided to use for writing off the discount on issue of debentures.
Question:- Statement of profit and loss account will be debited by ________.
Option 1: Rs. 1,50,000
Option 2: Rs. 2,00,000
Option 3: Rs. 1,20,000
Option 4: None of the above
Correct Answer: None of the above
Solution : Answer = None of the above
None of the above is the final answer because discounts on debentures should be written off firstly from securities premium and then surplus or statement of profit and loss account. Hence, the correct option is 4.
Question : Which of the following is not a feature of strategy?
Option 1: It is formulated by middle level management due to its relative importance.
Option 2: It is dynamic in nature.
Option 3: It provides guidelines for thinking and action.
Option 4: It is formulated after considering internal and external environment.
Correct Answer: It is formulated by middle level management due to its relative importance.
Solution : It is formulated by top management due to its relative importance. It provides the broad contours of an organisation business. It also involves the future decision defining the organisation direction and scope in the
Question : Assertion: Fayol's principle of "Division of Labor" leads to increased specialization in an organization.
Reason: It enhances productivity by allowing employees to focus on specific tasks.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion is correct. Fayol's principle of "Division of
Question : Select the most appropriate homophones to fill in the blanks.
Kindly accept my ________ on your new haircut. It _________ your personality.
Option 1: compliment; complaints
Option 2: compliment; complements
Option 3: compliment; compliments
Option 4: complement; complements
Correct Answer: compliment; complements
Solution : The correct choice is the second option.
In the sentence, the speaker is expressing positive remarks about the new haircut, so the word needed is compliment, which means a polite expression of praise or admiration. The second blank requires the form that agrees
Question : Identify the freedom fighter who, as a child, hated going to school and found it suffocating and oppressive.
Option 1: Mahatma Gandhi
Option 2: Jawaharlal Nehru
Option 3: Jyotiba Phule
Option 4: Rabindranath Tagore
Correct Answer: Rabindranath Tagore
Solution : The correct option is Rabindranath Tagore.
Rabindra Nath Tagore was a Bengali poet who hated going to school. He got the Nobel Prize in 1913 for his work on Gitanjali. This makes him the first non-European to receive the award. He wrote a
Question : Sharma, Verma and Goyal are partners in a firm. On 1st April 2012 the balances in their Capital Accounts were as follows: Sharma Rs. 4,00,000; Verma Rs. 4,20,000 and Goyal Rs. 3,70,000. The firm closes its accounts every year on 31st March. Verma died on 30th September 2012. In the event of the death of any partner following are the provisions in the Partnership Deed: (i) Interest on Capital will be calculated at the rate of $10 \%$ p.a. (ii) The deceased partner; 's legal representative will be paid Rs. 35,000 for his share of goodwill. (iii) The firm had a Reserve Fund of Rs. 2,10,000. The deceased partner will be paid his share in the Reserve Fund. (iv) His share of profit till the date of death will be calculated on the basis of sales. It is also specified that the sales during the year 2011-12 were Rs. $15,00,000$. The sales from 1st April 2012 to 30th September 2012 were Rs. 3,00,000. The profit of the firm for the year ending 31st March 2012 was Rs. 3,00,000. Question: Amount of Interest on capital will be
Option 1: Rs 24,000
Option 2: Rs 21,000
Option 3: Rs 20,000
Correct Answer: Rs 21,000
Solution : Answer = Rs 21,000
Question : It is a bill of exchange used by Business firms to finance their working capital requirements.Which money market instrument is highlighted in the given statement?
Option 1: Treasury bill
Option 2: Commercial paper
Option 3: Certificate of deposits
Option 4: Commercial bill
Correct Answer: Certificate of deposits
Solution : Commercial bill is a bill of exchange used by Business firm to finance their working capital requirements. It is a short term negotiable,self liquidating instrument which is used to finance the credit sale of firms.
Hence, option C is correct.
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 : Comprehension: Read the given passage and answer the question that follows. We started our research into organisational and personal excellence by studying a slightly different topic. We figured that if we could learn why certain people were more effective than others, then we could learn exactly what they did, clone it and pass it on to others. We asked people to identify who they thought were their most effective colleagues. In fact, over the past twenty-five years, we have asked over twenty thousand people to identify the individuals in their organisations who could really get things done. We wanted to find those who were not just influential but who were far more influential than the rest. Question: Select the most suitable structure for the above passage.
Option 1: Chronological
Option 2: Cause and Effect
Option 3: Pragmatic
Option 4: Compare and contrast
Correct Answer: Pragmatic
Solution : The third option is the correct choice.
The passage follows a pragmatic structure as it outlines a practical approach or strategy for achieving a specific goal. In this case, the goal is to understand organisational and personal excellence.
The pragmatic approach involves studying individuals who
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