Question : Which year marked the third general election in India?  

Option 1: 1952  

Option 2: 1957  

Option 3: 1962  

Option 4:  1967  

Question :  Which year marked the third general election in India?  

Option 1: 1952  

Option 2:  1957  

Option 3: 1962  

Option 4: 1967  

Question : Libraries run by charitable trusts are an example of:

Option 1: Partnership

Option 2: Not for profit organisation

Option 3: Companies

Option 4: Cooperatives

Question : Which one of the following are correct in connection with the Common Size Statement?

(A) Expressed as a percentage on revenue from operation

(B) Horizontal analysis

(C) Vertical analysis

(D) Expressed as a percentage on total assets

Choose the correct answer from the options given below:

Option 1: (A), (B) and (D) only

Option 2:  (A), (B) and (C) only

Option 3: (A), (C) and (D) only

Option 4: (B), (C) and (D) only

Question : Which of the following would affect the Revaluation Account at the time of reconstitution of a partnership firm?

Option 1: Increase in assets

Option 2: Drawings against capital

Option 3:  Interest on capital

Option 4: Partner's salary