Question : ABC Ltd. has Machinery WDV of which on 1st april 2021 was Rs.8,60,000 and on 3st march 2022 Rs.9,50,000. Depreciation for the year was Rs.40,000. In the beginning of the year, A part of the Machinery was sold for Rs.25,000, Which had a WDV of Rs.20,000. Calculate Cash low From Investing activity :

Option 1: Rs.1,25,000

Option 2: Rs.(1,25,000)

Option 3: Rs.2,50,000

Option 4: Rs.(2,50,000)

Question : Read the passage given below and then answer the questions given below the passage. Some words may be highlighted for your attention. Read carefully.

Billionaire Mukesh Ambani's telecom venture Reliance Jio Infocom is planning to foray into automobile telematics with the launch of a device that will control vehicle's movement and alert owner about fuel and battery through a mobile app. "Reliance Jio is ready with a car connected device that will have multiple features like immobilize car at the time of theft, alert owner about car movement, locate car and also provide wi-fi within car, The owner needs to use Jio sim in the device to avail benefits." an industry source said. The company is in advance talks with automobile companies to launch it very soon. "There are lots of factors that determine price, but price of the car connected device is estimated to be either equal to or less than its Jio's wifi device which costs around Rs 2,000," the source said. With help of Jio's car management device, the owner will get information about the way his driver is driving the car, the movement of vehicle can be restricted within a geography, switch on AC of car from any remote location, get alert of car break etc. "Jio is working on the modalities on its sales model for the existing cars as well" the source said. The device and application has been internally developed by Jio but the hardware device will be initially imported from China. "Jio has asked its device vendor to start making it in India after initial rollout," the source said. Besides this, the company is also scaling up its fibre to the home project for which it is running pilot in some cities including Delhi and Mumbai. "With Fibre to the home, Jio will focus on automatic entire home from entertainment to home surveillance to utility management, the source said. Jio has touched a customer base 7.24 crore and claims to be adding 1 lakh mobile subscribers per day. The company has set target to cross 10 crore customers by March 31, 2017.

Question:
Which of the following is ensured mostly through the use of JIO sim?

Option 1: Security
 

Option 2: Better models
 

Option 3: More entertainment
 

Option 4: More comfort

Question : A, B and C were partners sharing profits and losses in the ratio of 2:2: l. C died on 30th June, 2020. Profit and Sales for the year ended 31st March, 2020 were Rs. 1,00,000
And Rs. 10,00,000 respectively. Sales during April to June, 2020 were Rs. 1,50,000. share of profit of C till the date of his death will be__________.

Option 1: Rs 15,000

Option 2: Rs 6,000

Option 3: Rs 3,000

Option 4: None of the above

Question : On which of the following banks did the Reserve Bank of India impose a moratorium in March 2020?

Option 1: IDFC First Bank

Option 2: Dhanlakshmi Bank

Option 3: Bandhan Bank

Option 4: Yes Bank

Question : Medhansh and Priyansh are Partners in a firm sharing profit and losses in the ratio of 3:2. On 31st March 2021 firm's net profit was 11,20,000. The Partnership deed provided interest on capital to Medhansh and Priyansh Rs 1,20,000 and Rs 80,000, respectively, and interest on Drawings for the year amounted to Rs 48,000 from Medhansh and Rs 32000 from Priyansh.
Medansh is entitled to a salary of Rs 1,20,000 p.a., while Priyansh is entitled to a commission @ 10% of net divisible profit.
Question:
Amount of Priyansh's commisssion will be

Option 1: Rs 88,000

Option 2: Rs 80,000

Option 3: Rs 1,00,000

Option 4: None of these

Question : As of March 2022, which of the following monuments is not a UNESCO World Heritage Site in India?

Option 1: Qutb Minar, Delhi

Option 2: Charminar, Hyderabad

Option 3: Agra Fort, Agra

Option 4: Red Fort, Delhi

Question : Given below is a short passage followed by some items based on the passage. First, read the passage and answer the items based on it. You are required to select your answers based on the contents of the passage and the opinion of the author only.

More than eight months after the national lockdown was announced in late March, urban India is learning to live with the Covid-19 pandemic. In fact, indicating a positive outlook for the future, many survey respondents in a recent survey say they plan to return to pre-lockdown levels of shopping, personal grooming, going to cinemas and socializing as pandemic fears continue to recede.
The survey findings highlight that the suppression of consumer demand because of fears of job losses and salary cuts could be coming to an end. Increasingly, urban Indians are showing increased confidence about the future of the economy. This could be an indicator of the possible 'pent-up demand' that several economists have been talking about - a demand that could be unleashed once a vaccine is developed and distributed, or when there are signs of the pandemic's spread reducing to negligible levels or vanishing totally.

Around 65 per cent of respondents said they had settled into new routines, or that they saw signs of the situation improving, or they had come to terms with the pandemic and were moving on with their lives. And since the survey was conducted before the news of the successful trials of the Pfizer vaccine for the coronavirus was announced, it is likely that the consumers are now even more positive in their outlook about the future.

Question:

What predications are made by the economist reagrding the consumer demand?

 

Option 1: People are settled in their routines 
 

Option 2: There will be further suppression in demand 
 

Option 3: Suppression of demand will be coming to an end 

Option 4: People still fear of the loss of jobs and salary cuts

Question : In India, the financial year runs from_______ to________.

Option 1: April 1 or March 31

Option 2: February 1 , January 31

Option 3: July 1 , June 31

Option 4: January 1, December 31

Question : Who took charge as the chairman of The Insurance Regulatory and Development Authority of India in March 2022?

Option 1: Debasish Panda

Option 2: Ajay Bhushan Pandey

Option 3: Sanjeev Sanyal

Option 4: Ashwin Yardi