Question : VIKAS SHANKAR, an Ex-Indian cricketer decided to start a cricket academy to train the young enthusiastic players of down south. With the support and guidance of his family he started the Star cricket academy at Tirunelveli township area on 1st April 2020. Land was donated by his grandfather worth Rs.10,00,000 as per his will. His father Shankar donated Rs.5,00,000 for the construction and running the academy. He spent Rs.3,00,000 for construction of the pavilion. 200 players of Tirunelveli joined the academy and they paid yearly subscription of Rs.1,200 each. 10 players paid in advance for the next year 2021-22. Vijayashankar appointed well experienced coach for them, the coach fee amounted to Rs.1,20,000 p.a. The maintenance expenses amounted to Rs.75,000. Bats and balls purchased during the year amounted to Rs.15,000. Closing stock of bats and ball amount to Rs.1,000. Based on the above information you are required to answer the following question. The amount of subscription to be credited to Income and Expenditure account:

Option 1: Rs.1,20,000

Option 2:

Rs.2,40,000

Option 3:

Rs.60,000

Option 4: Rs.72,000

Question : Rachit decided to start a cricket academy to train the young enthusiastic players of down south. With the support and guidance of his family he started the Star cricket academy at Tirunelveli township area on 1st April 2020. Land was donated by his grandfather worth Rs.10,00,000 as per his will. His father Shankar donated Rs.5,00,000 for the construction and running the academy. He spent Rs.3,00,000 for construction of the pavilion. 200 players of Tirunelveli joined the academy and they paid yearly subscription of Rs.1,200 each. 10 players paid in advance for the next year 2021-22. Vijayashankar appointed well experienced coach for them, the coach fee amounted to Rs.1,20,000 p.a. The maintenance expenses amounted to Rs.75,000. Bats and balls purchased during the year amounted to Rs.15,000. Closing stock of bats and ball amount to Rs.1000. Based on the above information you are required to answer the following question.
What amount should be charged to the Income and Expenditure account for bats and balls consumed during the year?

Option 1:

Rs.15,000

Option 2:

Rs.16,000

Option 3:

Rs.14,000

Option 4:

Rs.13,500

Question :

Summarize the following paragraph:

It is imperative that all students pay attention to their studies. In addition to this, it is equally significant that students are not limited to the knowledge they acquire from books. They must actively pitch in sports activities of their schools. This may not hold true in cases of all students as some are not good at sports but excellent at acting or singing. It is about students identifying their strengths and opening new windows for themselves.

Option 1: None of these

Option 2:

Students must be able to chose the right field

Option 3:

Students must be developed such that they have multifarious vocation-options

Option 4:

Students must realize their area of expertise

Option 5:

Students must know their strengths

Question :

Find out the part which contains an error of subject-verb agreement:

The coach of the team as well as the captain are planning  to complain against the biased attitude of the umpire.

Option 1: The coach of the team as well as

Option 2: the captain are planning

Option 3: No error

Option 4: the biased attitude of the umpire

Option 5: to complain against

Question : Rahul decided to start a cricket academy to train the young enthusiastic players of down south. With the support and guidance of his family he started the Star cricket academy at Tirunelveli township area on 1st April 2020. Land was donated by his grandfather worth Rs.10,00,000 as per his will. His father Shankar donated Rs.5,00,000 for the construction and running the academy. He spent Rs.3,00,000 for construction of the pavilion. 200 players of Tirunelveli joined the academy and they paid yearly subscription of Rs.1,200 each. 10 players paid in advance for the next year 2021-22. Vijayashankar appointed well experienced coach for them, the coach fee amounted to Rs.1,20,000 p.a. The maintenance expenses amounted to Rs.75,000. Bats and balls purchased during the year amounted to Rs.15,000. Closing stock of bats and ball amount to Rs.1,000. Based on the above information you are required to answer the following question. The liability towards advance subscription amounted to:

Option 1: Rs.12,000

Option 2: Rs.24,000

Option 3: Rs.1,200

Option 4: Rs.1,20,000