National Eligibility cum Entrance Test
Question : Assertion-Reason Questions: Chapter - Sources of Business Finance
Questions : Different Sources of Finance
Assertion: American Depository Receipts (ADRs) allow foreign companies to raise funds in international markets.
Reason: ADRs are only issued by American companies in the United States.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Both assertion and reason are false.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion is true. ADRs are financial instruments issued
Question : The directing function of management is closely related to:
Option 1: Planning
Option 2: Organizing
Option 3: Controlling
Option 4: Decision-making
Correct Answer: Controlling
Solution : The correct answer is (c) Controlling.
Controlling is a function of management that involves monitoring and evaluating the progress and performance of employees and the organization as a whole. It is an essential part of the directing function as it ensures that the activities are
Question : Select the option that rectifies the incorrectly spelt words in the given sentence. Our webcite is no longer avaialbale to the users.
Option 1: Our webcite is no longer available to the users.
Option 2: Our websight is no longer availbale to the users.
Option 3: Our website is no longer available to the users.
Option 4: Our website is no longer availbale to the users.
Correct Answer: Our website is no longer available to the users.
Solution : The right choice is the third option.
The given sentence has two misspelled words. The correct spellings of these words and their meanings in the given context are as follows:
Question : A and B work together to complete the rest of the job in 7 days. However, $\frac{37}{100}$ of the job was already done. Also, the work done by A in 5 days is equal to the work done by B in 4 days. How many days would be required by the fastest worker to complete the entire work?
Option 1: 20
Option 2: 25
Option 3: 30
Option 4: 10
Correct Answer: 20
Solution : Let the total work done be $100$ units. Remaining work = $100 - \frac{37}{100}×100$ = $100-37$ = $63$ units 5 × efficiency of A = 4 × efficiency of B $\frac{\text{Efficiency of A}}{\text{Efficiency of B}}$ = $\frac{4}{5}$ Efficiency of A = $4x$ Efficiency of B
Question : When studying excerpts from Ain-i-Akbari, historians often focus on the text's insights into:
Option 1: Military tactics and strategies
Option 2: Religious and philosophical discussions
Option 3: Administrative practices and revenue collection
Option 4: Artistic and architectural styles
Correct Answer: Administrative practices and revenue collection
Solution : Correct Option: Option 3 Explanation: When studying excerpts from Ain-i-Akbari, historians often focus on the text's insights into administrative practices and revenue collection, as these provide valuable information on the governance and economic management of the Mughal Empire.
Question :
Select the phrase/connector from the given options to form a single sentence from the two sentences given below, implying the same meaning as expressed in the statement sentences.
It was a great thought. It was a risky thought.
Option 1: It was a great but risky idea
Option 2: It was a great but a risky idea
Option 3: It was the great and risky idea
Option 4: It was a great and a risky idea
Option 5: It was a great and risky idea
Correct Answer: It was a great but risky idea
Solution : “But” expresses an opposite or different point of view. On the other hand, “And” means also or in addition to. Further, once the article has been used before the connector, it is not required again. Hence, “It was a
Question : Statement 1: The Consumer Protection Act encourages consumers to be responsible while exercising their rights.
Statement 2: It expects consumers to make reasonable and informed choices while purchasing goods and services.
Option 1: Both statement 1 and statement 2 are true.
Option 2: Statement 1 is true, but statement 2 is false
Option 3: Statement 1 is false, but statement 2 is true.
Option 4: Both statement 1 and statement 2 are false.
Correct Answer: Both statement 1 and statement 2 are true.
Solution : The correct answer is (a) Both statement 1 and statement 2 are true.
Statement 1 correctly states that the Consumer Protection Act encourages consumers to be responsible while exercising their rights. While the act grants consumers various rights,
Question : The ratio of curved surface areas of two cones is 1 : 8 and the ratio of their slant heights is 1 : 4. What is the ratio of radii of the two cones?
Option 1: 1 : 1
Option 2: 1 : 2
Option 3: 1 : 4
Option 4: 1 : 8
Correct Answer: 1 : 2
Solution : The curved surface area of a cone $ = \pi rl$ where \(r\) is the radius and \(l\) is the slant height of the cone. Given that the ratio of the curved surface areas of two cones is 1 : 8. $⇒\frac{\pi r_1
Question : Study the following table and answer the question that follows. A school has four sections A, B, C and D of Class IX students. The results of the Science and Mathematics examinations are shown in the following table.
What percentage of students of section C Passed in Science but failed in Mathematics?
Option 1: 8.70%
Option 2: 9.20%
Option 3: 9.85%
Option 4: 10.30%
Correct Answer: 8.70%
Solution : Number of students of section C Passed in Science but failed in Mathematics = 8 Total number of students in section C = 18 + 10 + 8 + 56 = 92 $\therefore$ Required percentage = $\frac{8}{92}$×100 = 8.70% Hence, the correct answer is 8.70%.
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