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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

Team Careers360 25th Jan, 2024

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

26 Views

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

Team Careers360 23rd Jan, 2024

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

271 Views

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

Option 4: None of the above

Team Careers360 20th Jan, 2024

Correct Answer: Rs 21,000


Solution : Answer = Rs 21,000

Verma's capital a/c
To Verma's executor A/c (b/f) 5,66,000 By Bal b/d 4,20,000
    By IOC 21,000
    ($4,20,000 \times \frac{10}{100} \times \frac{6}{12}$)  
    By Reserve fund 70,000
    ($2,10,000 \times \frac{1}{3}$)  
    By Sharma & Goyal capitals A/c 35,000
    By P & L suspense
8 Views

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


 

Team Careers360 21st Jan, 2024

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.

165 Views

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

Team Careers360 22nd Jan, 2024

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.

20 Views

Question : Statement 1: Division of labor increases the efficiency of employees.

Statement 2: It involves assigning all tasks to one employee for specialization.

 

Option 1: Statement 1 is true, and Statement 2 is false.

Option 2: Statement 1 is false, and Statement 2 is true.

Option 3: Both Statement 1 and Statement 2 are true.

Option 4: Both Statement 1 and Statement 2 are false.

Team Careers360 20th Jan, 2024

Correct Answer: Statement 1 is true, and Statement 2 is false.


Solution : The correct answer is (a) Statement 1 is true, and Statement 2 is false.

Statement 1 is true. Division of labor involves breaking down a complex task into simpler, specialized tasks and assigning them to different individuals

15 Views

Question : Shyam is the manager of the central division of large corporate house. At what level does it works in the organisation?
 

Option 1: Top level management 
 

Option 2: Medium level management 
 

Option 3: Lower level management 
 

Option 4: All of the above.
 

Team Careers360 25th Jan, 2024

Correct Answer: Medium level management 
 


Solution : Shyam is looking at middle level management. Middle level management includes heads of different functional departments.
Hence Option B is correct.

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