Question : A, B and C were partners sharing profits in the proportion of one-half, one-fourth and one-fourth respectively. As of March 31, 2018, A’s capital is Rs 1,00,000 and A’s loan account ( debit Balance ) is Rs 30,000. A died on 1st April 2018. According to the partnership agreement, the goodwill was to be calculated at two two-year purchases of average profits of three completed years preceding the death or retirement of a partner. The deceased partner’s share of capital and goodwill, etc., was paid out in cash on 4th April 2018, the available cash balance being supplemented by a loan from the film’s banker on the security of the freehold property. The net profits of the years ending 31st March, 2016, 2017 and 2018 were Rs.55,000, Rs.48,000 and Rs.65,000 respectively.
Q. Amount paid to A's Executors through the bank will be

Option 1: Rs 1,26,000

Option 2: Rs 1,16,000

Option 3: Rs 10,000

Option 4: None of the above

Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

A broad definition of wetlands (1)_______ ecosystems such as lakes and rivers, underground aquifers, swamps, coral reefs, and many others; but also human-made artificial sites (2)_______ fishponds or reservoirs. Though they cover only around 6 per cent of the Earth’s land surface, 40 per cent of all plant and animal species live in or breed in them. Wetlands are also vital for human well-being and security. More than a billion people across the world depend on them for their livelihoods—about one in eight people on Earth. According to the UN Environment Programme (UNEP), these ecosystems are also the unsung heroes of the climate crisis. In fact, they (3)_______ more carbon than any other ecosystem, with peatlands alone storing twice (4)_______ all the world’s forests. Inland wetland ecosystems absorb excess water and help prevent floods and drought, something critical to help communities adapt to a changing climate. In the words of Leticia Carvalho, Principal Coordinator for Marine and Freshwater at UNEP, healthy wetlands ‘punch above their weight in terms of benefits’. The theme for the very first World Day is “Wetlands Action for People and Nature”. It serves as an urgent call to act and to invest financial, human, and political capital to save the world’s wetlands from disappearing altogether and to restore those areas already lost. Wetlands are disappearing three times (5)_______ forests and are Earth’s most threatened ecosystem. In just 50 years—since 1970—35 per cent of the world’s wetlands have evaporated.

Question:

Select the most appropriate option to fill in the blank number 2.

Option 1: more as

Option 2: as much as

Option 3: such as

Option 4: much as

Question : Which of the following statements is not true?

Option 1: Interest on debentures is a charge against a profit of the company and is payable whether the company earns a profit or incurs a loss.

Option 2: Interest on debentures is calculated at a fixed rate of interest on the nominal (face) value.

Option 3: Interest is payable on debentures issued as collateral security.

Option 4: Balance in Debentures' Interest Account is transferred to Statement of Profit and Loss (Finance Cost) at the end of the year.

Question :  There are few words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Pick up the correct word to be used to make the sentence coherent and grammatically correct.

The Global maize production across the world is worth billions of dollars annually and is a major contributing factor to global food security because it’s a 1) ______________ food for billions of people. Majority of the maize production depends on natural rainfall, making it 2) ______________ to variable rainfall patterns.

This limitation is likely to get intense in the future as it is anticipated that the climate change is going to lower rainfall in many regions of the world. This could decrease 3) ______________ by 10% by the time global temperature has risen by 4º C.  Another challenge of droughts are also likely to become more 4) ______________ and severe. The increase in temperatures are also predicted for many parts of the world which will  have direct effects on the productivity and growth of maize. High temprature will also lead to more 5) ______________, which means that plants lose more water.

Choose the correct word to be used in blank 4.

Option 1: demeanour

Option 2:  tacit
 

Option 3: abrupt
 

Option 4: frequent

Question : Comprehension:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each number.

The man with the shotgun (1)_____ the guard to his knees. He handed up the shotgun to his partner and yanked the guard's wrists up behind his back and locked (2)______ together with a pair of handcuffs. He (3)______ him onto the floor with a kick between the shoulder blades. Then he took his shotgun back and (4)_____ to the security gate at the end of the counter. He was short and heavy and moved with peculiar slowness. "Buzz him (5)_____," his partner said.

Question

Select the most appropriate option to fill in the blank No. 5.

Option 1: to

Option 2: on

Option 3: with

Option 4: in

Question : Which among the following is an initiative proposed by the Ministry of Civil Aviation to make boarding passes and security check-in digital?

Option 1: Digi Yatra

Option 2: Digi Udan

Option 3: Digi Sewa

Option 4: Digi Yatri

Question : Which of the following is an example of the principle of stability in the management process?

Option 1: A manager constantly changing the organizational structure

Option 2: A manager providing job security to employees

Option 3: A manager regularly changing the job responsibilities of employees

Option 4: A manager promoting employees based on favoritism

Question : Which program aims to provide social security to rural households in India?

Option 1: Pradhan Mantri Fasal Bima Yojana (PMFBY)
 

Option 2: Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
 

Option 3: Pradhan Mantri Gram Sadak Yojana (PMGSY)

Option 4: National Rural Livelihood Mission (NRLM)

Question : A, B and C were partners sharing profits in the proportion of one-half, one-fourth and one-fourth respectively. As of March 31, 2018, A’s capital is Rs 1,00,000 and A’s loan account ( debit Balance ) is Rs 30,000. A died on 1st April 2018. According to the partnership agreement, the goodwill was to be calculated at two two-year purchases of average profits of three completed years preceding the death or retirement of a partner. The deceased partner’s share of capital and goodwill, etc., was paid out in cash on 4th April 2018, the available cash balance being supplemented by a loan from the film’s banker on the security of the freehold property. The net profits of the years ending 31st March 2016, 2017 and 2018 were Rs.55,000, Rs.48,000 and Rs.65,000 respectively.
Q. Amount due to A transferred to his Executor’s A/c will be --------

Option 1: Rs 1,00,000

Option 2: Rs 1,26,000

Option 3: Rs 2,00,000

Option 4: None of the above

Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

Gender equality is not only a fundamental human right, but a necessary foundation for a peaceful, prosperous and sustainable world. There (1)_____ progress over the last decades: More girls are going to school, fewer girls are forced into early marriage, more women are serving in parliament and positions of leadership, and laws are being reformed to (2)_____ gender equality. Despite these gains, many challenges remain: discriminatory laws and social norms remain (3)_____, women continue to be underrepresented at all levels of political leadership, and 1 in 5 women and girls between the ages of 15 and 49 report experiencing physical or sexual violence by an intimate partner within a 12 -month period. The effects of the COVID-19 pandemic could reverse the limited progress that has been made on gender equality and women's rights. The coronavirus outbreak (4)_____ existing inequalities for women and girls across every sphere - from health and the economy to security and social protection. Women play a disproportionate role in responding to the virus, including as frontline healthcare workers and carers at home. Women's unpaid care work has increased significantly as a result of school closures and the increased needs of older people. Women are also harder hit by the economic (5)_____ of COVID-19, as they disproportionately work in insecure labour markets. Nearly 60 percent of women work in the informal economy, which puts them at greater risk of falling into poverty.

Question:
Select the most appropriate option to fill in the blank 4.

Option 1: placate

Option 2: exacerbates

Option 3: appease

Option 4: aid