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Participant ID 14171100928
Participant Name SUKHMANDER SINGH
Test Center Name iON Digital Zone iDZ Bhucho kalan
Test Date 09/11/2021
Test Time 4:30 PM - 6:30 PM
Subject Revenue Accountant(RA)
Section : B.Com level Finance and accounts (CA or ICWA)
Q.1 Which of the following statement is correct?

Ans 1. A firm faces the shutdown situation when, Price is more than the average fixed cost
2. A firm faces the shutdown situation when, Price is equal to fixed cost
3. A firm faces the shutdown situation when, Price is more than the average variable
cost
4. A firm faces the shutdown situation when, Price is less than average variable cost
Question ID : 777393568
Status : Answered
Chosen Option : 3
Q.2 Term deposit for a fixed period of not less than ________ with schedule bank is eligible
to qualify for deductions under section 80C of Income Tax Act, 1961.
Ans 1. 4 years
2. 2 years
3. 3 years
4. 5 years
Status : Answered
Chosen Option : 3

Ans 1. The term ‘Partnership’ has been defined under section 8 of the Partnership Act, 1932
2. The term ‘Partnership’ has been defined under section 2 of the Partnership Act, 1932
Status : Answered
Chosen Option : 1

Ans 1. Cost of idle time due to non-availability of raw material is not recorded at all.
2. Cost of idle time due to non-availability of raw material is charged to overheads costs
3. Cost of idle time due to non-availability of raw material is charged to respective jobs
4. Cost of idle time due to non-availability of raw material is charged to costing profit
and loss account
Status : Answered
Chosen Option : 1
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Q.5 A deduction of _______ in respect of a person with 70% disability is allowable under
section 80U of Income Tax Act, 1961.
Ans 1. Rs. 1,25,000
2. Rs. 70,000
3. Rs. 50,000
4. Rs. 75,000
Status : Answered
Chosen Option : 4
Q.6 ____________ refers to an arrangement by which the bank allows its customer to
borrow money upto a specified limit from an account opened for the purpose.
Ans 1. Cash credit
2. Demand loans
3. Discounting of bills of exchange
4. Short term loans
Status : Answered
Chosen Option : 1

Ans 1. Children education allowance is exempt upto Rs. 200 per month, per child upto
maximum of two children
2. Children education allowance is exempt upto Rs. 100 per month, per child upto
maximum of three children
Status : Answered
Chosen Option : 2

Ans 1. In Market price method, issues of materials are priced at pre-determined rate
2. In Standard price method, issues of materials are priced at pre-determined rate
3. In Replacement price method, issues of materials are priced at pre-determined rate
4. In Inflated price method, issues of materials are priced at pre-determined rate
Status : Answered
Chosen Option : 2

Ans 1. A partner can be expelled if compensation is paid
2. A partner can be expelled if the majority of the partner does not agree on such
expulsion
3. A partner can be expelled if such expulsion is in good faith
4. A partner can be expelled if the expelled partner is given an opportunity to start a

business competing with that of the firm
Status : Answered
Chosen Option : 4
Q.10 The objective of ______ is to assist the tax authorities in making the correct income
tax assessment of the assesses concerned.
Ans 1. Tax audit
2. Management audit
3. Cost audit
4. Internal audit
Status : Answered
Chosen Option : 4
Q.11 Contribution = Sales revenue – ___________.

Ans 1. Total Variable Cost
2. Total Profit
3. Total Cost
4. Total Fixed Cost
Status : Answered
Chosen Option : 1

Ans 1. An agreement enforceable by law is a contract
2. When the consent of a party is not free, the contract is illegal
3. A void agreement is one which is valid but not enforceable
4. In case of illegal agreements, the collateral agreements are voidable
Status : Answered
Chosen Option : 1
Q.13 As per The Sale of Goods Act, 1930, ________ means selection of goods with the
intention of suing them in performance of the contract and with the mutual consent of
the seller and the buyer.
Ans 1. Appropriation
2. Storage
3. Amortization
4. Distribution
Status : Answered
Chosen Option : 3

Ans 1. The doctrine which advocates the fact that company cannot act beyond the scope of
its memorandum of association is Doctrine of intra vires
2. The doctrine which advocates the fact that company cannot act beyond the scope of
its memorandum of association is Doctrine of constructive notice
its memorandum of association is Doctrine of ultra vires
its memorandum of association is Doctrine of indoor management
Status : Answered
Chosen Option : 3
Q.15 Rebate under section 87A is available upto _______ for resident individuals having
total income of upto ________.
Ans 1. Rs. 12,500 ; Rs. 10,00,000
2. Rs. 5,000 ; Rs. 6,00,000
3. Rs. 12,500 ; Rs. 5,00,000
4. Rs. 10,000 ; Rs. 7,00,000
Status : Answered
Chosen Option : 3
Q.16 Secretarial Audit has to be conducted by a _____________ in respect of the secretarial

and other records of the company.
Ans 1. Practising Company Secretary
2. Practising Tax Consultant
3. Practising Management Consultant
4. Practising Cost Accountant
Status : Answered
Chosen Option : 4
Q.17 Which of the following statement is incorrect?

Ans 1. Audit is a verification of the results shown by the profit and loss account and the state
of affairs as shown
by the balance sheet

2. Audit is undertaken by an independent person or body of persons who are duly
qualified for the job.
3. The term audit is derived from the Latin term ‘audrine,’ which means to check
4. Audit is a systematic and scientific examination of the books of accounts of a

business
Status : Answered
Chosen Option : 3

Ans 1. The goods are at the risk of a who has ownership of goods
2. The property in goods means the ownership of goods
3. Voluntary transfer of possession by one person to another is popularly known as

delivery
4. Legally, a contract of sale includes sale but excludes agreement to sell
Status : Answered
Chosen Option : 4

Ans 1. Unlisted company cannot be converted into LLP
2. Partnership firm cannot be converted into LLP
3. Listed company cannot be converted into LLP
4. Private company cannot be converted into LLP
Status : Not Answered
Chosen Option : --
Q.20 Transfer Price should allow ‘_________’ which means that the objectives of divisional
managers match with those of the organisation.
Ans 1. Demand minimization
2. Cost maximization
3. Goal Congruence
4. Profit minimization
Status : Answered
Chosen Option : 3
Q.21 Secretarial Audit is a new requirement which has been prescribed under Section
________ of the Companies Act, 2013.
Ans 1. 179
2. 158
3. 204
4. 143
Chosen Option : --
Q.22 As per the explanation given in Section 31 of the Companies Act, 2013,
“_____________” means a prospectus in respect of which the securities or class of
securities included therein are issued for subscription in one or more issues over a
certain period without the issue of a further prospectus.
Ans 1. Composite prospectus
2. Shelf prospectus
3. Red prospectus
4. Green prospectus
Status : Answered
Chosen Option : 1

Ans 1. Document that regulates the management of internal affairs of a company are
Certificate of Incorporation
2. Document that regulates the management of internal affairs of a company are Article
of Association
3. Document that regulates the management of internal affairs of a company are
Prospectus
4. Document that regulates the management of internal affairs of a company are
Memorandum of Association
Status : Answered
Chosen Option : 2
Q.24 With respect to long-term capital gains arising on land or building or both in financial
year 2020-21, the maximum deduction under section 54EC of the Income Tax Act, 1961
would be ________.
Ans 1. Rs. 50 lakhs
2. Rs. 60 lakhs
3. Rs. 100 lakhs
4. Rs. 70 lakhs
Status : Answered
Chosen Option : 1
Q.25 Assessment year means the period of twelve months commencing on the _________
every year.
Ans 1. 1st January
2. 1st October
3. 1st April
4. 1st June
Status : Answered
Chosen Option : 3
Q.26 With respect to ‘Turnover’ for the purpose of registration under GST, Which of the
following statement is correct?
Ans 1. Taxable Supplies + Exempt Supplies + Exports + Inter State Supplies = Aggregate
Turnover
2. Taxable Supplies - Exempt Supplies + Exports - Inter State Supplies = Aggregate
Turnover
3. Taxable Supplies + Exempt Supplies + Exports - Inter State Supplies = Aggregate
Turnover
4. Taxable Supplies - Exempt Supplies + Exports + Inter State Supplies = Aggregate
Turnover
Status : Answered
Chosen Option : 4

Ans 1. Practical capacity is defined as actually utilized capacity of a plant
2. Normal capacity is defined as actually utilized capacity of a plant
3. Theoretical capacity is defined as actually utilized capacity of a plant
4. Installed capacity is defined as actually utilized capacity of a plant
Status : Answered
Chosen Option : 4

Ans 1. GST paid on raw materials (input credit cannot be claimed) does not form part of
prime cost
2. Overtime premium paid to workers does not form part of prime cost
3. Cost of transportation paid to bring materials to factory does not form part of prime
cost
4. Cost of packing does not form part of prime cost
Status : Answered
Chosen Option : 4
Q.29 The Board of Directors of a company shall appoint an individual or firm as the first
auditor of a company, other than a Government company, within _______ from the date
of registration of the company.
Ans 1. Ninety days
2. Sixty days
3. Thirty days
4. Forty-five days
Chosen Option : --
Q.30 The company is required to deposit, on or before 30th of April each year at least
________ of the amount of its deposits maturing during the following financial year
and kept in a scheduled bank in a separate bank account to be called deposit
repayment reserve account.
Ans 1. 20%
2. 10%
3. 5%
4. 15%
Chosen Option : --
Q.31 Which are most convenient to the businessmen, public authorities and joint stock
companies because there are no restrictions on the number and the amount of
withdrawals?
Ans 1. Current deposits
2. Recurring or cumulative deposits
3. Term deposits
4. Savings deposits
Status : Answered
Chosen Option : 1

Ans 1. A cost driver is an activity which generates costs
2. A cost driver is any cost relating to transport
3. A cost driver is an item of production overheads
4. A cost driver is a common cost which is shared over cost centres
Status : Answered
Chosen Option : 3

Ans 1. In job costing , Purchase order is used to record the issue of direct material to a job
2. In job costing , Purchase requisition is used to record the issue of direct material to a
job
3. In job costing , Goods received note is used to record the issue of direct material to a
job
4. In job costing , Material requisition is used to record the issue of direct material to a
job
Status : Answered
Chosen Option : 4
Q.34 While calculating Income from house property, Pre-construction interest is allowable
as deduction in ______ equal installments from the previous year of completion of
construction or acquisition
Ans 1. 7
2. 3
3. 5
4. 4
Status : Answered
Chosen Option : 3
Q.35 Which of the following operating measures would a manager want to see decreasing
over time?
Ans 1. Total quality cost
2. Merchandise inventory turnover
3. Finished goods inventory turnover
4. Percentage of on-time deliveries
Status : Answered
Chosen Option : 3
Q.36 If the asset is acquired during the previous year and is put to use for less than
_________ days during that previous year then, only ________ of the depreciation
calculated at the rates prescribed will be allowed.
Ans 1. 120 ; 30%
2. 180 ; 50%
3. 150 ; 40%
4. 90 ; 25%
Status : Answered
Chosen Option : 4
Q.37 A fire policy containing an average clause.

If the actual value of the property is Rs 10,00,000 and the same is insured for Rs 8,
00,000 and loss on account of fire is Rs 2,00,000.
What amount the insured will get?
Ans 1. 1,60,000
2. 2,00,000
3. 8,00,000
4. 10,00,000
Status : Answered
Chosen Option : 1

Ans 1. Quantum Meruit means as much as is earned
2. Quantum Meruit means as much as is paid
3. Quantum Meruit means a non-gratuitous promise
4. Quantum Meruit means as gratuitous promise
Status : Answered
Chosen Option : 2
Q.39 With respect to management accounting, which of the following statement is

incorrect?
Ans 1. It provides information to management for planning and co-ordination
2. It records the quantitative aspect only
3. Its development is related to the need of modern business world
4. It is focused with projections of figures for future
Status : Answered
Chosen Option : 2
Q.40 As per Rule 5 of the Companies (Share and Debentures) Rules, 2014, entries have to
be made in the Register within _____ days of the date of approval by the Board or
Committee thereof by approving the allotment or transfer of shares, debentures or any
other securities, as the case may be.
Ans 1. 7
2. 21
3. 28
4. 14
Chosen Option : --
Q.41 Experience Curve is an idea developed by the _________ in the mid-1960s which
states that the more experience a firm has in producing a particulars product, the
lower are its costs.
Ans 1. Deloitte Consulting Group
2. Cedar Consulting Group
3. Strategy Consulting Group
4. Boston Consulting Group
Chosen Option : --
Q.42 Which of the following in not a function performed by commercial bank?

Ans 1. Advancing of Loans
2. Acceptance of deposits
3. Credit creation
4. Issue of PAN
Status : Answered
Chosen Option : 4

Ans 1. A Private Company which if subsidiary of Public Company is treated as Public
Company
2. A Private Company which if subsidiary of Public Company is treated as Dormant
Company
3. A Private Company which if subsidiary of Public Company is treated as Holding
Company
4. A Private Company which if subsidiary of Public Company is treated as Private
Company
Status : Answered
Chosen Option : 4
Q.44 ________ means that the responsibility of various levels of management is

predetermined in terms of output or result keeping in view the authority vested with
them.
Ans 1. Flexible Budget
2. Zero-based Budgeting
3. Responsibility Accounting
4. Performance Budgeting
Status : Answered
Chosen Option : 3
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Ans 1. Ministry of Corporate Affairs enforced the Limited Liability Partnership Act, with effect
from 1st April, 2008
2. Ministry of Corporate Affairs enforced the Limited Liability Partnership Act, with effect
from 31st March, 2008
from 31st March, 2009
from 1st April, 2009
Status : Answered
Chosen Option : 4
Q.46 Rule 8 (5) of the Companies (Share and Debentures) Rules, 2014 states that sweat
equity shares to directors or employees shall be locked in/non-transferable for a
period of _________ years from the date of allotment.
Ans 1. Three
2. Four
3. Seven
4. Five
Status : Answered
Chosen Option : 1
Q.47 _____________ is a process to check compliance with the provisions of various laws
and rules/regulations/procedures, maintenance of books, records etc., by an
independent professional to ensure that the company has complied with the legal and
procedural requirements and also followed the due processes.
Ans 1. Secretarial Audit
2. Tax Audit
3. Internal Audit
4. Cost Audit
Status : Answered
Chosen Option : 3

Ans 1. Under marginal costing the cost of product includes ; Prime costs and factory
overheads
2. Under marginal costing the cost of product includes ; Prime costs and fixed
overheads
3. Under marginal costing the cost of product includes ; Prime costs only
4. Under marginal costing the cost of product includes ; Prime costs and variable
overheads
Status : Answered
Chosen Option : 4

Ans 1. Auditing begins where accounting ends
2. Auditing begins where selling ends
3. Auditing begins where stock valuation ends
4. Auditing begins where purchase ends
Status : Answered
Chosen Option : 1
Q.50 The approved name of Limited Liability Partnership shall be valid for a period of
_______ from the date of approval.
Ans 1. 10 years
2. 3 years
3. 12 months
4. 3 months
Status : Answered
Chosen Option : 2
Q.51 As per section 128(5) of the Companies Act 2013, the books of accounts, together with
vouchers relevant to any entry in such books, are required to be preserved in good
order by the company for a period of not less than _____ years immediately preceding
the relevant financial year.
Ans 1. Eight
2. Five
3. Ten
4. Six
Chosen Option : --

Ans 1. Loss from one house property can be set-off against income from another house
property
2. Loss from speculation business can be set-off only against profits from another
speculation business
3. Short-term capital loss can be set-off against both short term capital gain and long
term capital gain
4. Long term capital loss can be set-off only against short term capital gain
Status : Answered
Chosen Option : 4

Ans 1. Cost object is anything for which a separate measurement is required
2. Cost unit is anything for which a separate measurement is required
3. Cost driver is anything for which a separate measurement is required
4. Cost centre is anything for which a separate measurement is required
Status : Answered
Chosen Option : 1
Q.54 Which of the following statement is false:

Ans 1. Under Term Insurance the insured is paid only if death occurs during the term of the
policy
2. Life Insurance provides dual advantage of coverage of risk of life and investment
3. Assignment of Life Insurance Policy can be done even before acquiring the Life
Insurance Policy
4. The nominee has the right to receive the amount assured in the event of death of the
Insured
Status : Answered
Chosen Option : 2

Ans 1. P/V ratio is 40%, then variable cost ratio is 50%
2. P/V ratio is 60%, then variable cost ratio is 60%
Status : Answered
Chosen Option : 3
Q.56 Which of the following is not regarded as Agency function but as General utility
function of a commercial bank?
Ans 1. Collection of dividends and interest from business and industrial firms
2. Collection of cheques, drafts, bills of exchange etc. of their customers from other
banks
3. Purchase and sale of securities, shares, debentures, government securities on behalf
of the
Customers
4. Provide locker facility for the safe custody of the silver, gold ornaments, important
and valuable Documents
Status : Answered
Chosen Option : 4
Q.57 The _______ shall appoint the first auditor of the Government Company within sixty
days from the date of registration of the company.
Ans 1. Finance ministry
2. Comptroller and Auditor-General of India
3. Reserve bank of India
4. High Court
Status : Answered
Chosen Option : 2
Q.58 “Commercial banks never go for any unnecessary expenditure. They always try to
maintain their functions with economy that increase their yearly profit”
The above is regarded as ______.
Ans 1. Principle of economy
2. Principle of liquidity
3. Principle of profitability
4. Principle of loan and investment policy
Chosen Option : --
Q.59 With respect to management accounting, which of the following statements are
correct?
(i) Management Accounting is concerned with accounting information, which is useful

to the
Management
(ii) Management Accounting is a modern tool to management.
(iii) Management Accounting provides the techniques for interpretation of accounting

data.
(iv) The function of Management Accounting is to reduce the uncertainty and help the
management in the decision making process
Ans 1. All (i), (ii), (iii) and (iv)
2. Only (i) and (ii)
3. Only (i), (ii) and (iv)
4. Only (ii) and (iii)
Status : Answered
Chosen Option : 1
Q.60 A company may be formed for any lawful purpose by:

Ans 1. 3 or more persons, where the company to be formed is to be a public company
2. 2 or more persons, where the company to be formed is to be a public company
Status : Answered
Chosen Option : 3
Q.61 Which of the following is excluded while calculating value of supply under section
15(2) of GST?
Ans 1. Discounts given before or at the time of supply and recorded in the invoice
2. Taxes other than GST
3. Third party payments made by recipient in relation to supply, which supplier was
liable to pay and were not included in the price
4. Incidental expenses including anything done by the supplier in respect of the supply
till delivery of goods/supply of services, if charged to recipient
Status : Answered
Chosen Option : 2

Ans 1. Opportunity cost denotes cost of sacrificed alternatives
2. Implicit cost denotes cost of sacrificed alternatives
3. Accounting cost denotes cost of sacrificed alternatives
4. Economic cost denotes cost of sacrificed alternatives
Status : Answered
Chosen Option : 1
Q.63 400 units were introduced in a process in which 40 units is the normal loss. If the
actual output is 300 units, then there is:
Ans 1. Abnormal gain of 40 units
2. Abnormal gain of 60 units
3. Abnormal loss of 60 units
4. Abnormal loss of 40 units
Status : Answered
Chosen Option : 3

Ans 1. Consideration in simple terms means everything in return
2. A contract without consideration under section 25 The Indian Contract Act, 1872 is
void
3. Consideration must move at the desire of promisor
4. Past consideration means executed consideration
Status : Answered
Chosen Option : 1
Q.65 Article 279A of the Constitution empowers the ________ two constitute a joint forum of
the Centre and States namely, Goods and Services Tax Council.
Ans 1. President
2. CBDT
3. Union Finance minister
4. High Court Judge
Status : Answered
Chosen Option : 3
Q.66 Industrial Development Bank of India (IDBI) was established in:

Ans 1. July 1964
2. June 1963
3. January 1965
4. July 1965
Status : Answered
Chosen Option : 1
Q.67 Angle of Incidence is an angle formed at the intersection point of total sales line and
____________ in a formal break-even chart.
Ans 1. Total Variable cost line
2. Total fixed cost line
3. Total cost line
4. Total profit line
Status : Answered
Chosen Option : 3

Ans 1. BOT approach means; Build, Operate and Transfer
2. BOT approach means; Build, Operate and Trash
3. BOT approach means; Build, Own and Trash
4. BOT approach means; Buy, Operate and Transfer
Status : Answered
Chosen Option : 1
Q.69 _______ is expressed when the auditor concludes that the financial statements give a
true and fair view in accordance with the financial reporting framework used for the
preparation and presentation of the financial statements.
Ans 1. Adverse Opinion
2. Qualified Opinion
3. Disclaimer of Opinion
4. Unqualified opinion
Status : Answered
Chosen Option : 2
Q.70 With respect to budgetary control, which of the following statement is incorrect?
Ans 1. Since budgets fix the responsibilities of the executives, they act as a plan of action for
them there by reducing some of their work.
2. Budgetary control is a technique for continuous monitoring of policies and objectives
of the organisation
3. It facilitates analysis of variances, thereby identifying the areas where deficiencies
occur and proper remedial action can be taken.
4. Budgetary control aims at minimization of profits through optimum utilisation of
resources
Status : Answered
Chosen Option : 4
Section : General Knowledge
Q.1 Where was the World Universities Summit 2021 held?

Ans 1. USA
2. India
3. Switzerland
4. England
Status : Answered
Chosen Option : 1
Q.2 Which one of the following is not a part of Peninsular river system in India?
Ans 1. Godavari
2. Krishna
3. Chenab
4. Mahanadi
Status : Answered
Chosen Option : 3
Q.3 PVC is a polymer generally used for making pipes. The full form of PVC is?
Ans 1. Poly Vinyl Carbide
2. Poly Vinyl Carbonate
3. Poly Vanadium Chloride
4. Poly Vinyl Chloride
Status : Answered
Chosen Option : 2
Q.4 At current prices, the Gross State Domestic Product (GSDP) of Madhya Pradesh for
2020-21 stood at Rs ________trillion?
Ans 1. 7.18 Trillion
2. 8.18 Trillion
3. 9.18 Trillion
4. 6.18 Trillion
Chosen Option : --
Q.5 Who was the Governor of Punjab during pathetic Jallianwala Bagh massacre
happened in the year 1919?
Ans 1. John Shore
2. Michael O'Dwyer
3. George Barlow
4. Warren Hastings
Status : Answered
Chosen Option : 2
Q.6 Under Krishak Udhyama Yojana by government of Madhya Pradesh what is maximum
business loan eligibility for immediate family member of farmer?
Ans 1. Rs. 2 Crore
2. Rs.50 lakhs
3. Rs. 1 Crore
4. Rs.75 lakhs
Chosen Option : --
Q.7 Deficiency of which Vitamin in human diet causes a disease called Xeropthalmia?
Ans 1. Vitamin C
2. Vitamin D
3. Vitamin B12
4. Vitamin A
Chosen Option : --
Q.8 Who among the following is appointed as advisor to Prime minister Narendra Modi on
12th October 2021?
Ans 1. Meera Mohanty
2. Rohit Yadav
3. S. Gopalakrishnan
4. Amit Khare
Chosen Option : --
Q.9 What is the name of the new jersey of the Indian men's cricket team unveiled by the
Board of Control for Cricket in India (BCCI) on October 13 ahead of T20 Cricket World
Cup 2021?
Ans 1. Billion Cheers
2. Trillion Cheers
3. India Cheers
4. Million Cheers
Status : Answered
Chosen Option : 1
Q.10 What is the total number of Lok constituencies for the state of Madhya Pradesh?
Ans 1. 38
2. 28
3. 22
4. 21
Chosen Option : --
Section : Logical Reasoning or Quantitative Aptitude
Q.1 Which of the assumption(s) is/are implicit in the given statement.
Statement: The police arrested Manoj and his gang to relieve the locality from being
subjected to mistreatment
Assumptions: (I) Manoj and his gang used to mistreat the locality
(II) Mischievous local gangs should be taken care of by the police
Ans 1. Only assumption II is implicit
2. Both assumptions I and II are implicit
3. Only assumption I is implicit
4. Neither assumption I nor II is implicit
Status : Answered
Chosen Option : 2
Q.2 Among the family of 7 members, Q is the wife of P and daughter in law of U. S is the
only son of R who is the brother of P. T is the sister of S and granddaughter of V who
is the wife of U. How is R related to V?
Ans 1. Nephew
2. Grandson
3. Brother
4. Son
Status : Answered
Chosen Option : 4
Q.3 Five friends P, Q, R, S and T are sitting in the compartment of waiting room of a certain
airport, they all sat in a very same row for their final call of boarding. R is to the left of
P, Q and S. P, Q and S are to the left of T. S is between P and Q. If Q is 4th fourth from
the left, then How far is R from the right?
Ans 1. 3rd from the right
2. 5th from the right
3. 2nd from the right
4. 4th from the right
Status : Answered
Chosen Option : 2
Q.4 A word arrangement machine, when given a particular input, rearranges it following a
particular rule. The following is the illustration of the input and the steps of
arrangement:
INPUT: greater Kailash is a popular tourist spot
Step I: tourist greater Kailash is a popular spot
Step II: tourist spot greater Kailash is a popular
Step III: tourist spot popular greater Kailash is a

Step IV: tourist spot popular Kailash greater is a
And so on till step V.
In how many steps will the following arrangement be processed?
‘gender studies is very scoring subject’

Ans 1. 3
2. 5
3. 4
4. 6
Status : Answered
Chosen Option : 3
Q.5 If alphabet series is given in reverse order, then find out the 15th letter to right of V.
Ans 1. H
2. J
3. I
4. G
Status : Answered
Chosen Option : 4
Q.6 The average weight of 12 passengers in a public transport bus is 62.5 kg. The average
weight of 5 passengers who just entered in the bus is 51.25 kg. what is the
approximate average weight of all the passengers in the bus?
Ans 1. 60
2. 59
3. 61
4. 58
Status : Answered
Chosen Option : 2
Q.7 Find the missing number in the following series.
1, 5, 22, 91, 368, ?
Ans 1. 1479
2. 1478
3. 1477
4. 1472
Chosen Option : --
Q.8 What approximate value will come in place of the question mark (?) in the given
expression?
19.99% of 479.98 = 29.99% of ? – 15.05% of 199.99

Ans 1. 450
2. 480
3. 400
4. 420
Status : Answered
Chosen Option : 4
Q.9 If 4th Tuesday of a month was 28th day, then what was the 12th day of that month?
Ans 1. Wednesday
2. Saturday
3. Sunday
4. Monday
Status : Answered
Chosen Option : 3
Q.10 What is the angular distance covered by the minute hand when it completes a distance
of 1 hour and 15 minutes?
Ans 1. 450 Degree
2. 400 Degree
3. 360 Degree
4. 540 Degree
Status : Answered
Chosen Option : 1
Section : General English
Q.1 Choose the correctly spelt word:
Ans 1. Credencials
2. Inherentli
3. Coincidance
4. Divorced
Status : Answered
Chosen Option : 4
Q.2 Choose from the options the word which best completes the sentence
The Atomic bombing of Hiroshima and Nagasaki took place 76 years ________.
Ans 1. before
2. since
3. ago
4. Past
Status : Answered
Chosen Option : 3
Q.3 Choose the part of sentence that has an error:
The medicine prescribed/by the doctor was/ so effective that he/ felt relaxed
immediately
Ans 1. The medicine prescribed
2. so effective that he
3. felt relaxed immediately
4. by the doctor was
Status : Answered
Chosen Option : 2
Q.4 Choose the correct Synonym of:
Concord
Ans 1. Animosity
2. Peace
3. Consolidate
4. Scattering
Status : Answered
Chosen Option : 3
Q.5 Choose from the options the word which best completes the sentence:
__________ is he in Surat than he visits this temple.

Ans 1. Whenever
2. No sooner
3. While
4. As soon as
Status : Answered
Chosen Option : 2
Q.6 Choose the correct Antonym of:
Brutal
Ans 1. Discourteous
2. Tender
3. Barbarous
4. Luminous
Status : Answered
Chosen Option : 2
Q.7 Fill in the blank with suitable article.
Teacher instructed the students to read only ______ tenth Chapter

Ans 1. Some
2. An
3. The
4. A
Status : Answered
Chosen Option : 3
Q.8 Select the most appropriate meaning of the idiom
"a jack of all trades"

Ans 1. Someone who is both an evil and good personality
2. A new comer
3. A person who can do many things
4. Someone who is at the right place when needed
Status : Answered
Chosen Option : 4
Q.9 Choose the misspelt word.
Ans 1. Advertising
2. Disciplined
3. Linguistic
4. Acquiantance
Status : Answered
Chosen Option : 4
Q.10 Choose the word which means the same as:
An office without profit but with work and responsibility

Ans 1. Honorary
2. Prototype
3. Bureaucracy
4. Colloquial
Status : Answered
Chosen Option : 3

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Section : B.Com level Finance and accounts (CA or ICWA)

Q.1 Which of the following statement is correct?

Q.3 Which of the following statement is correct?

Q.4 Which of the following statement is correct?

3. Discounting of bills of exchange

4. Short term loans

Q.7 Which of the following statement is correct?

Q.8 Which of the following statement is correct?

2. In Standard price method, issues of materials are priced at pre-determined rate

3. In Replacement price method, issues of materials are priced at pre-determined rate

4. In Inflated price method, issues of materials are priced at pre-determined rate

Q.9 Which of the following statement is correct?

4. A partner can be expelled if the expelled partner is given an opportunity to start a

Q.11 Contribution = Sales revenue – ___________.

4. Total Fixed Cost

Q.12 Which of the following statement is correct?

2. When the consent of a party is not free, the contract is illegal

3. A void agreement is one which is valid but not enforceable

4. In case of illegal agreements, the collateral agreements are voidable

Q.14 Which of the following statement is correct?

2. Rs. 5,000 ; Rs. 6,00,000

3. Rs. 12,500 ; Rs. 5,00,000

4. Rs. 10,000 ; Rs. 7,00,000

Q.16 Secretarial Audit has to be conducted by a _____________ in respect of the secretarial

2. Practising Tax Consultant

3. Practising Management Consultant

4. Practising Cost Accountant

Q.17 Which of the following statement is incorrect?

by the balance sheet

4. Audit is a systematic and scientific examination of the books of accounts of a

Q.18 Which of the following statement is incorrect?

2. The property in goods means the ownership of goods

3. Voluntary transfer of possession by one person to another is popularly known as

Q.19 Which of the following statement is correct?

2. Partnership firm cannot be converted into LLP

3. Listed company cannot be converted into LLP

4. Private company cannot be converted into LLP

Q.23 Which of the following statement is correct?

3. Rs. 100 lakhs

Q.27 Which of the following statement is correct?

2. Normal capacity is defined as actually utilized capacity of a plant

3. Theoretical capacity is defined as actually utilized capacity of a plant

4. Installed capacity is defined as actually utilized capacity of a plant

Q.28 Which of the following statement is correct?

2. Recurring or cumulative deposits

Q.32 Which of the following statement is correct?

2. A cost driver is any cost relating to transport

3. A cost driver is an item of production overheads

4. A cost driver is a common cost which is shared over cost centres

Q.33 Which of the following statement is correct?

2. Merchandise inventory turnover

3. Finished goods inventory turnover

4. Percentage of on-time deliveries

Q.37 A fire policy containing an average clause.

Q.38 Which of the following statement is correct?

2. Quantum Meruit means as much as is paid

3. Quantum Meruit means a non-gratuitous promise

4. Quantum Meruit means as gratuitous promise

Q.39 With respect to management accounting, which of the following statement is

2. It records the quantitative aspect only

3. Its development is related to the need of modern business world

4. It is focused with projections of figures for future