Medical College
Question : What was the immediate cause of the Mutiny of 1857?
Option 1: The discontentment of the soldiers
Option 2: The use of greased cartridges in the new Enfield Rifle
Option 3: The social conditions of India
Option 4: The introduction of railways and telegraphs
Correct Answer: The use of greased cartridges in the new Enfield Rifle
Solution : The correct answer is The use of greased cartridges in the new Enfield Rifle.
The Enfield P-53 Rifle cartridges were rumoured to be greased with a mixture that included animal fat, derived from cows, and pigs. To load the rifle, soldiers had to bite it off before loading it into the rifle's muzzle. This action was deeply offensive to both Hindu and Muslim soldiers in the British Indian Army. For Hindus, the cow is considered sacred, and for Muslims, the consumption of pork is forbidden by Islamic dietary laws. The greased cartridges that came with the new Enfield rifles were the rebellion's primary motivator.
Question : Directions: Select the set in which the numbers are related in the same way as the numbers of the following set. (NOTE: Operations should be performed on the whole numbers, without breaking the numbers into their constituent digits.) (12, 51, 5); (8, 30, 2)
Option 1: (14, 120, 16)
Option 2: (13, 10, 7)
Option 3: (19, 44, 3)
Option 4: (11, 51, 6)
Correct Answer: (11, 51, 6)
Solution : Given: (12, 51, 5); (8, 30, 2)
Here, (12, 51, 5)→(12 + 5) × 3 = 17 × 3 = 51 (8, 30, 2)→(8 + 2) × 3 = 10 × 3 = 30
Let's check each option – First option: (14, 120, 16)→(14 + 16) × 3 = 90 ≠ 120 Second option: (13, 10, 7)→(13 + 7) × 3 = 60 ≠ 10 Third option: (19, 44, 3)→(19 + 3) × 3 = 66 ≠ 44 Fourth option: (11, 51, 6)→(11 + 6) × 3 = 51
So, only the fourth option follows the same pattern as followed by the given number pair. Hence, the fourth option is correct.
Question : Questions : Equity Shares and Preference Shares
Statement 1: Debentures carry a fixed interest rate and are issued to raise funds.
Statement 2: Debenture holders have no claim over the company's assets.
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 statements 1 and 2 are true.
Option 4: Both statements 1 and 2 are false.
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. Debentures typically carry a fixed interest rate and are indeed issued by companies to raise funds. Debenture holders receive regular interest payments at the specified rate.
Statement 2 is false. Debenture holders do have a claim over the company's assets. In the event of a company's liquidation or winding up, debenture holders are among the creditors who have a claim on the company's assets to recover their investment. The claim of debenture holders is usually subordinate to that of secured creditors, but they still have a claim.
Question : Case Study: PQR Enterprises - Funding Strategies for Diversification
PQR Enterprises is a well-established conglomerate planning to diversify its business operations. The company is evaluating various sources of business finance to support its diversification plans.
Questions : Business Finance and Diversification
What is the significance of financial planning for PQR Enterprises in the context of diversification?
Option 1: To maximize short-term profits
Option 2: To ensure regulatory compliance
Option 3: To select the best employees
Option 4: To allocate funds for new ventures effectively
Correct Answer: To allocate funds for new ventures effectively
Solution : The correct answer is (d) To allocate funds for new ventures effectively
Financial planning is essential for diversification as it involves assessing the financial requirements of entering new business areas, determining the amount of funding needed, and devising a strategic plan to allocate funds efficiently. Effective financial planning helps in managing the resources, optimizing budgets, securing necessary financing, and ensuring that the new ventures are adequately funded for successful implementation. This ensures that the company's diversification efforts are financially sustainable and aligned with the broader strategic goals of the organization. Options a, b, and c are not directly related to the significance of financial planning for diversification.
Question : Mona purchased two sets of jewellery for INR 4,000 each. She sold these sets of jewellery, gaining 8% on one and losing 6% on the other. Calculate her total loss or gain in this whole transaction.
Option 1: INR 120 gain
Option 2: INR 80 gain
Option 3: INR 80 loss
Option 4: INR 120 loss
Correct Answer: INR 80 gain
Solution : Mona purchased two sets of jewellery for INR 4,000 each. She sold these sets of jewellery, gaining 8% on one. Selling price = $\frac{100+ \text{Profit}\%}{100}×$ Cost price So, selling price is $\frac{108}{100}×4000$ = INR 4320 She sold the 2nd set of jewellery at a loss of 6%. Selling price = $\frac{100- \text{Loss}\%}{100}×$ Cost price So, selling price is $\frac{94}{100}×4000$ = INR 3760 Total selling price = (4320 + 3760) = INR 8080 $\therefore$ Her profit is (8080 – 8000) = INR 80 Hence, the correct answer is INR 80 gain.
Question : The "Pradhan Mantri Jan Dhan Yojana (PMJDY)" aims to provide:
Option 1: Financial inclusion and access to banking services
Option 2: Universal healthcare coverage for all citizens
Option 3: Affordable housing for all homeless individuals
Option 4: Education and skill development for unemployed youth
Correct Answer: Financial inclusion and access to banking services
Solution : The correct answer is (a) Financial inclusion and access to banking services.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government scheme launched by the Indian government in 2014. Its primary objective is to promote financial inclusion by providing access to banking services, particularly to the unbanked and underbanked sections of society.
The PMJDY focuses on opening bank accounts for all individuals, especially those from low-income households, who do not have access to formal banking services. The scheme aims to ensure that every household has access to a basic savings bank account, a debit card, and various banking services such as remittances, insurance, and pension.
The PMJDY also aims to encourage financial literacy and provide affordable financial services to promote savings and enable access to credit for income generation and entrepreneurship.
Question : Which is the soft, malleable and silvery-yellow metal with atomic number 59 in the lanthanide series?
Option 1: Neodymium
Option 2: Praseodymium
Option 3: Promethium
Option 4: Gadolinium
Correct Answer: Praseodymium
Solution : The correct option is Praseodymium.
Praseodymium is a chemical element with the symbol Pr and atomic number 59. It is a member of the lanthanide series, which is a group of 15 elements located in the f-block of the periodic table. Praseodymium, like many lanthanides, is a soft and malleable metal. This means it can be easily shaped or deformed under pressure.
Praseodymium exhibits a silvery-yellow or pale greenish-yellow colour, which can make it visually distinct when compared to other elements.
Question : Case Study 58: Citywide Services
The significance of accountability in Citywide Services is to:
Option 1: Reduce centralization
Option 2: Improve employee morale
Option 3: Ensure transparency and responsibility
Option 4: Promote excessive centralization
Correct Answer: Ensure transparency and responsibility
Solution : The correct answer is (c) Ensure transparency and responsibility
Accountability is crucial in Citywide Services to ensure transparency and responsibility. It helps ensure that actions and decisions are transparent, and individuals or entities are held responsible for their roles and obligations. This promotes trust, fairness, and efficiency in the provision of services to the city's residents. It does not aim to promote excessive centralization but rather to establish clear lines of responsibility and promote good governance.
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