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1002260AF16-XV Question Booklet No.

!I':f-~ ~-.m

EXAMINATION-8TPGT

SUBJECT : COMMERCE

This Booklet contains 32 printed pages.

UI~zr:r~32~~~1

Do not open this Question Booklet until you are asked to do so.

<.!l' ~~ ~'l ~ -;n ~ ~ \!l\!l"lp'l ~ ~ rn I

Read carefully all the instructions given at the back page and on the front page of this Question

Booklet.

<.!l' ~~ CXllf ~ -6 ~~ ~ Cl1-6m ~ f.klf"ll'q~ ~~ ~ ~ I

Instructions for Candidates

7. Candidates should note that each question is

given in bilingual form (English and Bengali).

In case of any discrepancy or confusion in the

medium/version, the English Version will be

treated as the authentic version.

1. Use Black Ballpoint Pen only for writing

particulars of this Question Booklet and

marking responses on the OMR

Answer Sheet.

2. This test is of 2 hours and 30 minutes

duration and consists of 150 MCQ-type

questions. Each question carries 1 mark.

3. There is no negative marking for any wrong

answer.

4. Rough work should be done only in the space

provided in the Question Booklet for the

same.

·5. The answers are to be recorded on the OMR

Answer Sheet only. Mark your responses

carefully since there is no chance of

alteration/ correction.

6. Use of eraser or whitener is strictly

prohibited.

I

1. <.!l' ~~ ~ ~ ~~~ OMR~~ ~

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~~I

2. <.!l' ~ ~ 2 'Cf~ 30 ~ I ~ ~

IS0~ MCQ~ ~ ~I ~ m'!rn~~ 1 (<.!l<li) I

3. ?f~~c<fiR-6~~~~rnl

4. ~~~~~~~~~

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5. m'!rn ~ ~~ OMR ~~ ~ ~

~I~~~~~~~

~ 1Sl<qii1~~ ~ ~ I m'!rn ~ ~~

~ ~ ~ C~ c<fiR-6 15f<q~IC\!l' ~

~ -n ~W1l~ ~ ~ -;n I

6. ~-~ ~ -n ~ ~-~ ~~ ~;fu;"c9f ~ I

7. ~~ ~ ~ ~ ~ ~~ ~~"M~-~ ~~ -6 -n~) ~I ~, ~

~-ilT~ -n ~-~~'l c<fiR-6~ ~

~~ ~ ~tfT ~~ ~,~ ~~m~~~~~'lJ~1

Name of the Candidate (in Capitals) : __ ~ ~ ,...- _

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Roll No. : _

c:ma! "'~

Full Signature of the Candidate with date

~~~1~~

/17

OMRAnswer Sheet No. _

OMR~~~

Sigruiture of the Invigilator with date

f.lffI'I'c'P'!!/ ~ ~

" ....

Direction : Answer the following questions

by selecting the correct option.

1. Which one of the following is not

the characteristics of accounting

information?

(A) Reliability

(B) Relevance

(C) Comparability

(D) None of the above

2. Double-entry system was introduced

m

(A) America

(B) Japan

(C) Italy


3. The accounting standards are

intended to apply only to items

which are

(A) material

(B) insignificant

(C) measured in terms of money


4. Accounting principles are generally

based on

(A) practicability

(B) subjectivity

(C) convenience of recording


5. Which of the following is

not a fundamental accounting

assumption?

(A) Going concern

(B) Accrual

(C) Conservatism


6. The matching principle results from

the

(A) periodicity principle

(B) .realisation principle

(C) fmancial transaction principle


/17

~:.ffi~~~~~~

ffi lfI\S I

1. ~ ~ ~>jl<Bl,*'l ~'<ffit ~ ~ ?

(A) Pl~~C~l~

(B) ~1>jf5t<qS\!)1

(C) ~aHl>jl~

(D) ~~ C<qSH~ ~

2. \!)<fl~1~-~ ~ ~~ Wi. ~C~~aj

(A) \5l1C~~<fllC\!)

(B) 'S1t~

(C) ~'GlfalC\!)

(D) ~~ C<qSH~ ~

3. ~1<l~,*'l ~ ~ Ul~ C<qSHfG~~

~~?

(A) ~

(B) <R ~~,,'f'

(C) ~\5f~ ~~'ifJ

(D) ~~ C<flH~ ~

4. ~~'l\? ~1<l~,*'l ~~~ AA ~

(A) <lJ<l~~<fl\!)l

(B) f<l~~~R3<fl

(C)~~

(D) ~~ C<flH~ ~

5. ~ ~ ~>jl<l~,*C'l?t oom ~9T ~ ?

(A)~~

(B) ~9fJ wrn

(C)~~

(D) ~~ C<flH~ ~

6. !)l'1<fl~C'rn ~9T ~ ~ ~ ~

~?

(A) ~~9T

(B) \5l1'T1~<qS~C'rn~9T

(C) ~ C'1"1C'TC"1~~9T

(D) ~~ C<flH~ ~

2

7. ~>jl<l~""Ccrn ~ ~~ ~

(A) ~~=~+~

(B) ~~=~~~ +~~.

(C) ~~ = ~~ + t?RT

(D) ~~ C<flle>j~ om

8. ~~~~~

(A) .\£l<pf'ij~ '8 \£l"ffi ~ ~ \£l~

~

(B) \£l<pf'ij~ '8 \£l"ffi ~ ~ \£l~

~

(C) \£l"ffi ~ cQ '8 \£l"ffi ~

~\£l~~

(D) ~~~~M·

9. ~'8~~~~~~~

~~?

(A) ~~~

(B) ~~

(C) ~~~~

(D) ~~ C<flle>j~ om

10. ~~ ~ ~ I8flC<I'fl~~'f C'lfU ~

(A) ~~'f~

(B)~~

(C) ~~

(D) ~~ C<flle>j~om

11. "<IT~W 1~'f1~i¥~IC~~.'lC<fl ~

~

(A) i~I~ll8fl$j~ ~ ~

(B) i~I~ll8fl~~ ~ ~

(C) ~~e>jl8fl~~ ~ ~

(D) ~~ C<flle>j~om

~~~~~~'<f~

(A) ~ \Sl"i>jlC~ 18f~IR>Pl\§

(B) ~ \Sl"i>jIC~'I8f~nR>Pl\§

(C) ~ \Sl"i>jlC~ ~ ~

(D) ~~ C<flH~ om

7. The basic accounting equation is

(A) Assets = Expenses + Income

(B) Assets = Cash + Capital

(C) Assets = Capital + Liabilities


8. A compound journal entry is with

(A) one debit entry and more than

one credit entry

(B) one credit entry and more than

one debit entry

(C) more than one both debit and

credit entries

(D) All of the above

9. ATrial Balance is prepared to locate

(A) errors of principle

(B) errors of omission

(C) compensating errors


10. Cashbook is an example of

(A) general journal

(B) special journal

(C) compound journal


11. Bad debt recovered during the year

is a

(A) revenue expenditure

(B) revenue receipt

(C) capital receipt


12. Debit balance in the· cashbook

means 12.

(A) overdraft as per passbook

(B) overdraft as per. cashbook

(C) credit balance as per passbook


/17 3 [ P.T.O.

13. Balances of Personal Account will be'

shown in

(A) Trading Account

(B) Profit and Loss Account

(C) Balance Sheet


14. What is the accounting nature of

outstanding expenses?

(A) Nominal Account

(B) Personal Account

(C) Real Account


15. Assets are held for the purpose of

(A) earning revenue

(B) resale

(C) conversion into cash


16. Depreciation is a process of

(A) valuation of asset

(B) allocation of cost

(C) maintenance of asset


17. Diminishing balance method of

depreciation is suitable for

(A) machinery

(B) copyright

(C) leasehold property


18. A bill of exchange payable after a

certain period.is known as

(A) trade bill

(B) accommodation bill

(C) time bill


/17

13. ~ ~>1IC<t~~~~ ~ ~

(A) ~-~~

(B) a{1i5-~ ~

(C) ~-~

(D) ~~ C<liH~ om

14. ~~~~~~?

(A) ~~

(B)~~

(C) ~~-~~

(D) ~~ C<tlH~-;m

15. ~~~~~~'f~

(A) C~~~~ '6le1c~~ ~

(B) 'f1:RJFC~~ ~

(C) ~'iWf ~~ ~ ~

(D) ~~ C<tlH~ om

16. '6l<tb~C<li~ ~ ~ ~ ~ ~ ~

~

(A) ~~~

(B) ~~~

(C) ~~~~'f

(D) ~~ C<tlH~ om

17. JF~>1~I~ ~ ~ ~ c<fiTO\~

~~~?

(A) ~~

(B) ~

(C) ~I~I~'& ~~

(D) ~~ C<tll~~ -;m

18. ~ ~ ~ ~ Wffi ~

~"C<tl~~

(A) <tJ<t>1IK1<tl~

(B) >11~I~J<tlI~~

(C) >1~~~R3<li ~

(D) ~~ C<tll~~ om

4

19. While calculating the due date of the

bill, how many days are added to the

period of the bill?

(A) 3 days

(B) 4 days

(C) 5 days

(0) None of the above

20. Receipts and Payments Account is a

(A) Personal Account

(B) Real Account

(C) Nominal Account


21. Income and Expenditure Account

records transaction of

(A) revenue nature only

(B) capital nature only

(C) both capital and revenue natures


22. An ordinary partnership firm can

have

(A) not more than 20 partners

(B) not more than 50 partners

(C) any number of partners


.23. A and B are sharing profits and

losses in the ratio of 3 : 2. They

admit a new partner C with ith

share in profit of the firm. The new

profit-sharing ratio between the

partners will be

(A) 10: 8 : 5

(B) 8: 12 : 5

(C) 7: 5 : 3


/17

19. ~~ mr ~ ~ fiR 'if'Rrn ~

~~ C~~IC'Tiq~ ~ ~ ~'if ~

~?

(A) 3 fiR

(B) 4 fiR

(C) 5 fiR

(D) ~~ C<fil~~ om

20. ";{~~-~ ~ ~ ~

(A) ~~

(B) ~~-~~

(C) ~~

(0) ~~ C<fiH~ om

21. '!l\m-~ ~ ~ ~~~

~~

(A) ~~ ~~I~I'8fI~~

Q

(B) ~~ ~~~'8fI~I~

(C) ~~ '8 ~ '@~~'8fI~~

(0) -~~ C<fiH~ om

22. ~~ ~~'l ~~~ m \5I~ifl'TICiqiq~~~

(A) 20 ~ c<li'ftom

(B) 50 ~ c<li'ftom

(C) ~~~~

(0) ~~ C<fil~~ om

23. A ~~~B 3 : 2 ~9ffC\5 aws-C61I<fi>tI~~~

~'~Cc<lii~~awsQf~~

~ ~~ifl'TIM1C'1 ~'l ~ I ~~ifl'TliqCqiq

~~ ~ Ufi5JT~ ~~ ~~ ~

(A) 10: 8 : 5

(B) 8: 12 : 5

(C) 7: 5 : 3

(0) ~~ C<fiH~ om

5 [ P.T.O.

24. In the event -of death of a partner,

the accumulated profits and losses

are shared by the partners'

(A) old profit-sharing ratio

(B) new profit-sharing ratio

(C) capital ratio


25. Unrecorded liability when paid on

dissolution of a firm is debited to

(A) Partners' Capital Account

(B) Liability Account

(C) Realization Account


26. The Consignment Account is made

on the basis of

(A) cash basis

(B) realization basis

(C) accrual basis


27. Goods costing ~ 1,80,000 sent out

to consignee to show a profit of 20%

on invoice price. The invoice price of

the goods will be

(A) ~ 2,16,000

(B) ~ 2,25,000

(C) ~ 2,40,000


28. Joint Venture Account is a

(A) Nominal Account


(C) Real Account


29. A, B and C are co-venturers. The

relative profit-sharing ratio between

A and B is 3 : 2 and between B and

C is also 3: 2. The profit-sharing

ratio between A, B and C is

(A) 3: 1 : 1

(B) 9: 6 : 4

(C) 5: 3 : 2


/17

24. ~ '!i1~"tIC1l1l ~ ~ ~

~-Ci11P:p>iH '!i1~'fI1l1l1 ~ ~~ <f~

~\5f~

(A) ~ ~~"lCf <f~ ~~

(B) ~ ~~ <f~ ~~

(C) ~~~~

(D) ~~ C<fiIOl~ o:m

25. ~ C'Ml '!i1~ ~ '6l<1>iHICOl1l

~~~~~C~~<fim~

~~

(A) '!i1~'fI1lC"t1l ~~ ~

(B) ~~

(C) '6l1"tHI<fi1lGf~

(D) ~~ C<fiH~ o:m

26. ~~~~~AA~(A) 'Ol'i'f"fAA(B) '6l1"tHI<fi1lGfAA(C) !ll9fJWffl ~

(D) ~~ C<fiH~ o:m

27. WfR !ll9f<fiC<p 1,80,000 tr<fiT ~ -rn

~~WfR~~~ 20%~

~ I 9f'fJ~~ WfR ~ ~

(A) 2,16,000 tr:Pr

(B) 2,25,000 WPT

(C) 2,40,000 tr:Pr

(D) ~~ C<fiH~ o:m

28. ~~~'if~~~

(A) ~~

(B)~~

(C) ~~-~~

(D) ~~ C<fiH~ o:m

29. A, B ~<f~ C ~ ~~ ~~ I A '8 B-

~~ ~~ ~i110l1~ii1<fi~~ <f~ *~3 : 2 ~<f~ B '8 C-~~ ~~'8 3 : 2. A, B

~~ C-~~ ~~ ~~ <f~ ~~ ~

(A) 3: 1 : 1

(B) 9: 6 : 4

(C) 5: 3 : 2

(D) ~~ (.""'<fi=IOlm~~o:m

6

30. The capital at the beginning of

the accounting year in case of

single-entry system is determined by

preparing

(A) Opening Balance Sheet

(B) Cash Account

(C) Opening Statement of Affairs


31. Which of the following capitals is

not shown in the company's Balance

Sheet?

(A) Authorized capital

(B) Issued and subscribed capital

(C) Reserve capital


32. Share having preferential right as

to dividend and repayment of capital

is termed as

(A) equity share

(B) preference share

(C) right share


33. Share Application Account is a

(A) Nominal Account


(C) Real Account


34. The portion of the authorized capital

which can be called up only on the

liquidation of the company is called

(A) issued capital

(B) called-up capital

(C) reserve capital


35. The minimum share application

money is

(A) ~ 1 per share

(B) 5% of the face value of shares

(C) 25% of the nominal value of

shares


/17

30. I!l~-~ ~ ~ ~~

~~ ~'l f.t~c:rn ~ ~ ~~~~~

(A) ~~-~

(B) "l'iN~

(C) ~~~~~

(D) ~~ C~H~-;m

31. ~ ~~~ ~~~- ~

~~"1T?

(A) \5liC~lfq~ ~~

(B) ~'ifJ '8 €<lMM~1"'""'~~~

(C) ~~~~

(D) ~~ C~H~-;m

32 .. ~~ <fCfM '8 (;1'1~IC~~ ~ ~~ ~

9ft~ ~ ~ cxmrn ~ C~ ~

~~

(A) ~~'l cxmrn(B) ~cxmrn(C) ~~I~~\§ cxmrn(D) ~~ C~I"'1~ -;m

33. cxmrn \5lIC<q'T"'1~ ~ I!l~

(A) ~~

(B)~~

(C) ~~-~~

(D) ~~ C~H~ -;m

34. \5liC~lfq~ ~~ ~ ~~ ~~

~~ \5l<q>jI~C"'1~ ~ ~ ~ ~

~~

(A) MM1~~~(B) ~~~

(C) ~~~~

(D) ~~ C~I"'1~ -;m

35. cxmrn \5lIC<q'TC"'1~'§foU ~ ~~ ~'l

~

(A) cxmrn ~ 1 ~

(B) (O"1~IC~~ ~ ~ 5%

(C) (O"1~IC~~ ~~'l ~ 25%

(D) ~~ C~I"'1~ -;m

7 [ P.T.O.

36. Public Limited Company cannot

issue

(A) equity share

(B) deferred share

(C) preference share


37. Premium on issue of shares can be

used for

(A) issue of bonus shares

(B) distribution of profit

(C) transferring to general reserve


38. Subject to the permission allowed by

the Central Government, the

maximum allowable discount on

equity shares is

(A) 5%

(B) 8%

(C) 10%


39. Preference shareholders are

(A) creditors of the company

(B) owners of the company

(C) debtors of the company


40. If a share of ~ 10 on which ~ 6 has

been paid, is forfeited, it can be

reissued at the minimum price of

(A) ~ 4 per share

(B) ~ 6 per share

(C) ~ 8 per share


41. A company cannot issue redeemable

preference shares for a period

exceeding

(A) 6 years

(B) 8 years

(C) 10 years


/17

36. ~ ~~cij~ c<W'9fRt ~ c-mrn ~~ ~ ;n \5l"WIT

(A) ~~'1 cxrnm(B) Riij~ cxrnm

(C) ~cxrnm(D) ~~ C<tiH~ om

37. ~ R~1~ C-1~ICi;H1~ ~~ ~

~~fl~\5l~

(A) ~ c-mrn~ fl

(B) aj\5Jl~ ~ <t~ fl

(C) ~~'1 ~ ~ fl

(D) ~~ C<tlH~ om

38. ~ >j~<tilC~~ \5l'iC~I'f"i <n&l~ ~~'1

C-1~IC~~~ ~ <nm ~'1 ~

(A) 5%

(B) 8%

(C) 10%

(D) ~~ C<tiH~ om

39. ~ C-1~IC~iq~'if'1 ~

(A) ~'1T~

(B)~~

(C) c<W'~~

(D) ~~ C<tlH~ om

40. 10 ~ ~ ~ ~ 6 ~ C'11ffilT

~, \5l~ ~~ fl~, ~ ~

~~\5l 'fl~~fl~?

(A) cxrnm ~ 4 ~

(B) cxrnm ~ 6 ~

(C) cxrnm ~ 8 ~

(D) ~~ C<tiH~ om

41. ~ ~ cxrnm ~~'ffl

~~~~"WIT

(A) 6~

(B) 8~

(C) 10 ~

(D) ~~ C<tll"i~ om

8

42. - Which of the following can be

utilized for the redemption of

preference shares of a company

out of profit?

(A) Share Forfeited Account

(B) Employee's Accident Fund

(C) Dividend Equalization Fund


43. Loss on issue of debenture is

treated as

(A) intangible asset

(B) current asset

(C) miscellaneous expenses


44. If debentures of nominal value of

~ 1,00,000 are issued at a discount 44.

of 10% for net assets worth of

~ 80,000, the balance of ~ 10,000

will be debited to

(A) Goodwill Account

(B) Capital Reserve Account

(C) Profit and Loss Account


45. The balance of debenture sinking

fund after redemption of debentures 45.

is transferred to

(A) Profit and Loss Account

(B) General Reserve Account

(C) Debenture Account


46. The medium which provides a

snapshot of the financial condition 46.

of a firm at a particular point of

time is

. (A) the Balance Sheet

(B) the income statement

(C) the statement of cash flow


/17 9

42. c<men ~ ~ ~~~'rn ~~~~~~~~~0'If&~~~?

(A) cxmm ~~~ ~

(B)~~~

(C) ~~->1~~~<litm ~

(D) ~~ C<liH~ ~

43. ~~~ ~ ~~ CO'II<li>1HC<li~ ~~

~ ~'11<!Sm~ ~ ~

(A) ~~~~

(B)~~

(C) AA~~

(D) ~~ C<lil~~ ~

~ 10% '6l<l~C~ 1,00,000 lJr<Isrn ~tffii~

~ ~~~ 80,000 lJr<Isrn ~ ~~ ~ <!Sm~, ~ ~ 10,000 tr<IiT

~<!Sm~~~~~

(A) ~~

(B) ~~~erl~~ ~ ~

(C) ~-CO'II<li>1I~ ~

(D) ~~ C<lil~~ ~

~~~ ~~'rn ~ ~~~ ~~'4'

~~J~CO'I~ ~ ~ <!Sm~

. (A) ~-CO'II<li>1H ~

(B) ~tffii~ ~ ~

(C) ~~~~

(D) ~~ C<lil~~ ~

c<men ~<Iif&*~~~~~~<Iif&~~~~~~

(A) ~-~

(B) ~~~

(C) ~~~~~

(D) ~~ C<lil~~ ~

[ P.T.O.

47. Trends of which sector of business

are highlighted by comparison of

fmancial statements?

(A) Activity

(B) Financial position

(C) Financial transactions


48. A fmancial statement that shows

both rupees and percentage in

the report is referred to as a

(A) Balance Sheet

(B) common-size statement

(C) realtime statement of equity


49. Common-size fmancial statement

makes it easier to compare firms

(A) of different sizes

(B) in different industries

(C) with different degrees of leverage


50.. A technique uses in comparative

analysis of fmancial statement is

(A) graphical analysis

(B) preference analysis

(C) common-size analysis


51. Debt-equity ratio is a/an

(A) solvency ratio

(B) turnover ratio

(C) efficiency ratio


52. The best ratio to evaluate short-term

liquidity is

(A) current ratio

(B) working capital ratio

(C) debt-equity ratio


/17

47. ~~$ft~~~~~~~

~ ~~Ff ~~ ~WIT

(A) <PliSf<P(

(B)~~

(C)~~

(D) ~~ C<PH1'&\~

48. ~ ~ ~~ ~R>'<I'tC~ tm ~~~ ~, ~ ~ f.Wfxt '<ijC<p\?TWIT

~<1$

(A) ~-~

(B) ~~Cf-\5l11R>~ ~$ft

(C) .->t~~~~~ ~ ~~ ~~ ~

~~~~~~~\?TWIT

(A) ~ \5l11R>~~

(B) ~~'iiR~

(C) faI~I'~CiSf~~ ~

(D) ~~ C<Pl~1'&\~

50. ~ ~~ ~~ ~Qij~I~iij~ 9j(j,Qijlb~1

(D) ~~ C<PH1'&\~

51. CtRl-~lfal<Pl~1~~ WIT ~

(A) ~~~

(B) ~~~

(C) ~~~

(D) ~~ C<Pl~1'&\~

52. 1$1<Pl~~ ~ ~~ ~ >t<lCb'~

~~~~

(A) ~~~

(B) <Pl(<P~~~ ~~

(C) CtRl-~lfal<Pl~1~~

(D) ~~ C<PH1'&\~

10

53. Current ratio is 3 : 1 and quick ratio

is 1·5: 1. What is the value of

closing stock if current liabilities

are ~ 1,80,000?

(A) ~ 2,40,000

(B) ~ 2,50,000

(C) ~ 2,70,000


54. Which of the following is a source

of fund?

(A) Issue of bonus share

(B) Issue of shares against

purchase of fixed assets

(C) Conversion of debentures into

shares


55. Increase in stock at the end of the

year results in the

(A) application of fund

(B) source of fund

(C) No flow of fund


56. Sale of long-term investments

indicates

(A) source of fund

(B) application of fund

(C) change in current assets


57. Cash flow statement is based on

(A) cash basis of accounting

(B) accrual basis of accounting

(C) credit basis of accounting


58. Which of the following is not

application of funds?

(A) Payment of dividend on share

capital

(B) Payment of tax

(C) Increase in working capital


/17

53. ~ ~~ ~ 3 : 1 ~~ ~ ~~

~ 1·5: 1. ~ ~ ~ M'l1,80,000 ~ ~, ~ ~ ~~'trn

~~

(A) 2,40,000 ~

(B) 2,50,000 ~

(C) 2,70,000 ~

(D) ~~ C<tSI"'l~ o:m

54. ~ C<tSI"'lfGC<tS~~Ci71~ ~~~ ~ ~'1J~

~?

(A) ~~~

(B)~~~~~~

(C) ~'l~~~~


55. ~ ~ ~ ~'trn ~~ ~~~Ci71 ~ ~ ~~~

(A) ~~Ci71~ ~

(B) ~~Ci71~ ~~~

(C) ~~Ci71~ c<mon ~ o:m


56. ~~<PI~"'l cmt~ ~ ~~ ~ M~~~

(A) ~~J<lCi71~~~~

(B) ~~Ci71~ ~

(C)~~~~~~


57. ~"ifOf~~~AA~

(A) ~"ifOf~~C~ ~'1I<1~~'l

(B) W9fJ Wffl ~~C~ ~'1I<1~~'l

(C) ~ ~~C~ ~I<l~~'l

(D) ~~ C<PI"'l~ o:m

58. ~ C<tS1;$ ~~Ci71~ ~ ~ ~'1J~

';{l?

(A) ~~ ~~ Qi'j'i5JT~~

(B) ~~

(C) <tS14<p~~~ ~

(D) ~~ C<PI"'l~ o:m

11 [ P.T.C.

59. Cash from operation =

(A) Net profit + Increase m

outstanding expenses

(B) Net profit + Increase in debtors

(C) Net profit + Increase in stock


60. Increase in the amount of bills

payable results in

(A) increase in cash

(B) decrease in cash

(C) no change in cash


61. Cost accounting concepts include all

of the following, except

(A) planning

(B) profit sharing

(C) controlling


62. The main purpose of cost

accounting is to

(A) maximize profit

(B) aid in fixing selling price

(C) provide information to

management for decision


63. Costs which are ascertained after

they have been incurred are known

as

(A) imputed cost

(B) sunk cost

(C) historical cost


64. The three major elements of product

cost are all, except

(A) direct materials

(B) indirect labour cost

(C) factory overhead


/17

59. <Wl<flii1I9fC~ ~ ~'if>f \5f'<f =

(A) ~arrs+~~.cr~

(B) ~ arrs + C'T"'lI'TIC~~~'f ~

(C) ~ arrs + ~ 9fCCfrn.'f ~

(D) ~~ C<PI"'l~-m

60. Wffi~~~.'f~~

(A) ~'if>f '5fC~ ~'f ~ ~

(B) ~'if>f '5fC~ ~'f ~ ~

(C) ~'if>f '5fC~ ~'f \5f9f~<qf\b~ ~

(D) ~~ C<PI"'l~ -m

61. ~ c<!iA'ft ~ ~J1I<q~~C'rn ~'lrn

\*jj~i& -m?

(A) 9f~<p$1"'l1

(B) ~~~

(C) ~'f

(D) ~~ C<PI"'l~ -m

62. ~ ~J1I<q~~C'rn~ ~ ~

(A) ~~~'f

(B) ~ ~ f.l~'f ~ ~

(C) ~~ ~ ~'rn ~ ~QlJ

>1~<q~I~~

(D) ~~ C<PI"'l~ -m

63. Pl~c~~~ ~~ ~9f~~~~

(A) ~~~

(B) Pl~~~~

(C) ~f\iJ~~<p ~

(D) ~~ C<PI"'l~ -m

64. ~ C<PI"'lfGC<p~~9fT'M ~ ~ ~

~~~~~~-;n?

(A) ~ <Plbl~lii1

(B) ~~

(C) ~~~~

(D) ~~ C<PI"'l~ -m

12

65. Period costs are

(A) variable costs

(B) fixed costs

(C) overhead costs


65. >j~{l~~<li ~ ~

(A) '1rn;q0"liflG1 ~

(B) ~~

(C) ~~<mT

(D) ~~ C<liH~ ~

66. ~ <mT '8 '1rn;Q0"liflat ~~ <rrcml

~~~~

(A) ~~9fTlM <mT

(B) ~<mT

(C) ~<mT

(D) ~~ C<liH~ ~

66. Prime cost plus variable overhead is

known as

(A) production cost

(B) total cost

(C).marginal cost


67. Direct labour cost forms the part of

(A) prime cost

" (B) factory overhead

(C) administrative overhead


67. ~ ~ ~ '1rn;QJC{l~~ ~ ~

(A) ~~

(B) ~~~<mT

(C) ~~~<mT

(D) ~~ C<PI"l~ ~

~~~ ~'l 1tl>j1~~ ~ ~~ ~

~ <rrcml ~1>j1~ ~ ~ ~

(A) ~ <mT

(B) '1rn;Q0"liftaf <mT

(C) ~~-'1rn;Q0"liflG1 <mT

(D) ~~ C<lil"l~ ~

. 68.

69. ~~~~

(A)~

1B) ~1"l;QI~~blG1IC"lI~.~

(C) ~'1I\!)ICG1~ <liIS!<liC~

(D) ~~ C<lil"l~ ~

~ '1rn;QJC{l~~ ~ ~ ~ ~

~~-n~~

(A) '6l~I~IR<li ~

(B) ~1~IR<li ~

(C) ~~

(D) ~~ C<PI"l~ ~

68. A cost per unit which increases or

decreases when volume of output

decreases or increases is known as

(A) fixed cost

(B) variable cost

(C) semi-variable cost


69. Process costing is applied in

(A) collieries

(B) transport operations

(C) hospital works


70.

13 [ P.T.C.

70. A process loss that does not affect

the cost per unit is

(A) abnormal loss

(B) normal loss

(C) standard loss


/17

71. Contribution margin is also known

as.

(A) gross profit

(B) net profit

(C) marginal income


72. Profit/volume ratio is an indicator of

(A) the volume of sales

(B) the volume of profit

(C) profitability

(D)·None of the above

73. When P/V ratio is 40% and sales

value is ~ 10,000, the variable cost

will be

(A) ~ 4,000

(B) ~ 6,000

(C) ~ 8,000


74. When fixed cost is ~ 10,000 and P/V

ratio is 50%, the breakeven point

(BEP)will be

(A) r 20,000

(B) r 40,000

(C) ~ 50,000


75. If net profit is 10% and P/V ratio

is 50%, the margin of safety will be

(A) 10%

(B) 20%

(C) 50%


/17

71. ~~\5foU~~~~~~

(A) ooU.atTi5

(B) ~ atTi5

(C) ~~

(D) ~~ C<PH~ ~

72. atTi5-~ '!if.i~ ~ f.1cffi ~ 'if'tJ

~~~

(A) ~Jl'c~~_'1

(B) ~_'1

(C) ~-'ll~l~l~

(D) ~~ C<Pl~~ ~

73. ~ atTi5-~ '!if.i~ ~ 40% ~~~

~Jl'c~~ ~ ~ 10,000 ~, ~

9j~:q-,£~ifti71<ml ~

(A) 4,000 ~

(B) 6,000 m-r(C) 8,000~

(D) ~~ C<Pl~~ ~

74. ~ ~ <ml ~ 10,000 ~ ~~

atTi5-~ '!if.i~ ~ 50%, ~ >1~I:q~I~

~~

(A) 20,000 ~

(B) 40,000 ~

(C) 50,000 ~

(D) ~~ C<Pl~~ ~

75. ~ ~ ~ ~ 10% ~~ atTi5-~

'!if.i~ ~ 50%, ~ m~ ~~~

(A) 10%

(B) 20%

(C) 50%

(D) ~~ C<Pl~~ ~

14

76. The term 'audit' originated from the 76. 'Audit' ~ \;~~ ~ (A ~ C~

word ~~

(A) adhere (A) adhere

(B) audire (B) audire

(C) addition (C) addition

(D) None of the above (D) \;9fUrn C<pJO'{~-;m

77. Audit is a fact-finding process that 77. ~ ~ ~~ ~~-\5I"i>1t!l1~ ~ ~compares actual results with m~ ~i7jl~i7jC<p~ <ro:l

(A) specified standards and plans(A) m (Al~ '8 9jffi<PtHl~~

(B) expected result(B) ~ ~i7jl~,i7j~ ~

(C) preliminary result(C) ~~ ~i7jlqCi7j~~

(D) None of the above(D) \;9fUrn C<pJO'{~-;m

78. The audit which is compulsory by~ \5I"i>11C~(A ~ ~~U~l~at<P ~ ~law is known as 78.

(A) \5I&4~<pl~~ ~(A) interim audit

(B) internal audit (B) \5I~J&~'1~

(C) statutory audit (C)~~

(D) None of the above (D) \;9fUrn C<pJO'{~-;m

79. The main object of an audit 79. ~~1~~~

(A) is expression of opinion (A) ~~~

(B) is detection and prevention of(B) ~ '8 ~ \;'t'41U~ '8 cm~~

fraud and errors

(C) depends on the type of audit(C) AA <ro:l ~~1~ ~ \;~

(D) None of the above(D) \;9fUrn C<Pl~~ -;m

80. \5I~J&'m'l~ ~80. Internal audit is

(A) internal control (A) \5I~J~'l ~'l

(B) annual audit (B)~~#

(C) statutory audit (C)~~

None of the above (D) \;9fUrn C<Pl~~ -;m(D)

/17 15 [ P.T.O.

81. Internal checks usually operate

(A) before the processing of a

transaction

(B) as a part of the processing of a

transaction

(C) after the processing of a

transaction


82. Test checking implies

(A) checking only a few items in

detail

(B) checking each and every item

(C) checking a representative

sample of items


83. Before the commencement of audit

work, the auditor plans out the

whole of audit work is called as

(A) audit programme

(B) audit notebook

(C) audit plan

(0) None of the above ..

84. A number of checks and control

exercise in a business to ensure its

efficient working is known as

(A) internal control

(B)·internal audit

(C) interim audit


85. The essence of auditing is

(A) internal control system

(B) investigation

(C) vouching


/17

81. '¢l~R!I~c:r f.t<mrc:r~ ~~~ ~ ~

~

(A) Cii1"'lC'f"'l~ ~HR ~'i1

(B) Cii1"'lC'f"'l~ ~~ ~

(C) Cii1"'lC'f"'l~ ~~~ ~

(D) ~~ C<P1"'l~ o:m

82. ~ ~ f.W;M ~

(A) ~ f.roT M<gIH1~~IC<l ~ ~ ~

(B) ~ f.roT ~ ~ i§RJ

(C) ~ ~ caRN-i ~ ~

~~i§RJ

(0) ~~ C<PH~ o:m

83: ~ 'O~ ~'i1 Pml~C<P~ ~ ~

~~ Pml~C<P~ 9JH1<P$l"'lIC<P~ ~

(A) Pml~l~~

(B) ~~l~~

(C) ~~l~ 9JH1<P$l"'l1

(0) ~~ C<P1"'l~ o:m

&4. ~ ~ ~ <Plet<P~ ~~ f.T"1)W~1

~ ~ ~~ ~ \S ~tfRC<li

~~

(A) '¢l~J~~c:r ~c:r

(B) '¢l~J~~c:r ~

(C) '¢l~4$i<pl;n"'l f.!h

(0) ~~ C<Pl"'l~ o:m

85. ~~l~~~

(A) '¢l~J~W1c:r~c:r ~

(B) ~

(C) ~ ~161\<P~c:r

(0) ~~ C<Pl"'l~ o:m

16

86. The case history of Kingston Cotton

Mills Company Ltd. is associated

with the auditor's duty regarding

(A) valuation of goodwill

(B) valuation of stock

(C) valuation of plant and

machinery


87. Cost audit means

(A) audit of cost accountant

(B) audit of cost of production

(C) audit of cost accounts


88. What does management audit

imply?

(A) Complete audit

(B) Interim audit

(C) Efficiency audit


89. The audit which refers to the

evaluation of company's performance

against planned goals in the areas of

social responsibility is

(A) cost audit

(B) social audit

(C) environment audit

(D) Norie of the above

86. Kingston Cotton Mills Company

Ltd.-~~ ~n~Wllro f.ffll~C<fi~ C<fiq <fi~C<U~

~~?

(A) 'l~IC~~ ~

(B) ~ 9fC'Irn~

(C) ~~ '8 <fii71<fi~I~~

(D) ~~ C<fiI"'1~ ~

87. ~ f.ffll~I~ ~~~

(A) ~ ~"1I<l~~C<fi~ ~

(B) ~~9fw.l ~ ~

(C) ~ ~IC<l~ ~

(D) ~~ C<PH~ ~

88. ~~~~f.Wfxt~~~

(A) ~'f~

(B) \SI~4$i<fiI~"'1 ~

(C)~~

(D) ~~ C<PI"'1~ ~

89. >11~1~<fi ~ ~<f1~iq ~ C<fiF~

9f~<P~~ ~ ~ ~ ~ \5f ~

f.ffll~Hl ~ ~ ~ ~

(A) ~~

(B) >11~1~15f~ ~Qij ~ ~ on, ~ f.m1~<P

~ ~ f.Wfxt ~ \5f ~

(A) C"'1~<lII5<p~

(B) f.t:~~

(C) ~9f"lfi ~

(D) ~~ C<PI"'1~ ~

.90. When in the auditor's opinion the

statements do not present a true

and fair view of the financial

position, the auditor will express

(A) an adverse opinion

(B) a qualified opinion

(C) an unqualified opinion

(D) one of the above

/17 17 [ P.T.O.

91. The two broad categories of business

activities are

(A) trade and commerce

(B) trade and industry

(C) industry and commerce


92. The oldest form of business

organization is

(A) sole proprietorship

(B) partnership

(C) joint-stock company


93. Which of the following does not

characteristic of business activity?

(A) Production of goods and

services

(B) Sale and exchange of goods and

services

(C) Recurrence of transactions


94. Commerce is related to

(A) production of goods

(B) exchange of goods

(C) providing services


95. Which of the following cannot

be classified as an objective of

business?

(A) Investment

(B) Productivity

(C) Profit earning


/17

91. <fil~<lrnl ~14<PiiI1C~ ~ ~~ ~'if ~

(A) ~'8~

(B) ~'8m

(C) m'8~(D) ~~ C<fil"'1~ -;m

92. >j<lCbC~ ~ ~ Jf~~ ~ ~

(A) ~<fi~lfa1<fi1"'11

(B) ~~

(C) ~Qf-~~~

(D) ~~ C<fi1"'1~ -;m

93. ~ C<fiRiU <filMrnl <p14<Pi111C~ ~

-;m?

(A) 9f9J '8 ~ ~~9frR

(B) 9f9J '8 ~ ~ ~~~ ~

(C) Ci11"'1C'TC"'1~~~"C~

(D) ~~ C<fil"'1~ -;m

94. ~~~~~~~~

(A) 9f9J ~~9frR

(B) 9f9J~

(C) ~~

(D) ~~ C<fil"'1~ -;m

95. ~ C<fil"'1fflc<p <pliq<llC~iq ~ ~

C!f~~~;n?

(A) ~'if

(B) ~~9fl'T"'1ifti11\!)l

(C) ~~

(D) ~~ C<fi1"'1~ -;m

18

96. Business risk is not likely to arise

due to

(A) change in government policy

(B) good management

(C) dishonesty of employee


97. Which of the following cannot be

classified as an auxiliary to trade?

(A) Warehousing

(B) Transport

(C) Insurance


98. The legal business entity that is

separate from its owners and

managers is

(A) sole proprietorship

(B) general partnership

(C) limited liability company


99. Which of the

not a constrain

environment?

following is

of business

(A) Capital

(B) Unskilled management

(C) Lack of technical knowledge


100. Which of the following is not a

financial instrument?

(A) Treasury bill

(B Real estate

[C ortgage loan

•'0 e of the above

/17

96. ~~~ ~l~<llC~~ ~ ~ ~~ ~ ;n ~"WIT

(A) >j~~~~~

(B) ~~~

(C) ~(b~~ 1Sl>j\!)\!)1

(D) ~~ C<PH~ ~

97. ~ C~HroC~ ~ ~ ~ ~~

"<Iim~;n?

(A) ~"fl~l8fl\!)~~~

(B) ~

(C) ~

(D) ~~C~H~~

98. ~ 1Sl1\~>j't\!) ~l~<I~ ~OO ~ ~ \S

~~C~~~"WIT

(A) ~~~lFa!<Pl~l

(B) ~~~~~

(C) ~ "fl~Pl~ ~

(D) ~~C~H~~

99. ~ ~ ~l~<I~ ~ ~ ~

~;n?

(A) ~~

(B) ~~~

(C) ~~Pl"fjl~ ~

(D) ~~C~H~~

100. ~~~~~?

(A) ~W!

(B)~

(C) I8fl~~I{'S' ~~

(D) ~~ C~l~~ ~

19 [ P.T.D.

101. Financial instruments with

maturities of less than one year are

traded in the

(A) money market

(B) capital market

(C) equity market


102. Which of the following is a money

market instrument?

(A) Equity share

(B) Debenture

(C) Commercial paper

(D) None of the above :

103. Which one is not the component of

capital market?

(A) Equity market

(B) Debt market

(C) Derivative market


104. Capital market is regulated by which

of the following organizations?

(A) SEBI

(B) RBI

(C) IRDA


105. SENSEX is an index of

(A) NSE

(B) BSE.

(C) CSE


/17

101. ~ ~ (A~~ 00Wf ~ ~ ~~

~ ~ C'f-aM Cii1~C'T~~

(A)~~

(B) ~~~

(C)~~

(D) ~~ C"H~ -;m

102. ~ ~ ~ ~1'8fIC~~~ ~

'if'tJ ~?

(A) ~ cxmrn

(B) ~~

(C) ~<IiT~

(D) ~~ C"I~~ -;m

103. ~ ~ ~tR ~1'8fIC~~~9frfR -;m?

(A)~~

(B) ~'T~

(C) ~~

(D) ~~ C<PI~~ -;m

104. ~tR ~ (A'~OO ~ ~ ~ ~

~

(A) SEBI

(B) RBI

(C) IRDA

(D) ~~ C"H~ -;m

105. SENSEX (A ~1'8fIC~~~ ~ ~

(A) NSE

(B) BSE

(C) CSE

(D) ~~ C"I~~ -;m

20

106. Who is called the father of scientific

management?

(A) Elton Mayo

(B) Henry Fayol

(C) Frederick W. Taylor

(D) None of them

is110. ~~~~~

(A) F. W. Taylor

(B) Henry Fayol

(C) Max Weber

(D) ~~~~

107. Luther Gullik and Lyndall Urwick

classified the function of

management as

106. (.qQIf.:)~~~ ~ ~ ~ ~?

(A) Elton Mayo

(B) Henry Fayol

(C) Frederick W. Taylor

(D) ~~~~

107. Luther Gullik ur~~Lyndall Urwick

~~~ ~ ~ ~~~'if

~C~C~~ ~~

(A) POSDCORB

(B) POSTCARD

(C) POSDCORA

(D) ~~ C~I~~ ~

108. Henry Fayol ~~ <f$ ~ f.W:M~C~?

(A) 12m~

(B) 14m~

(C) 15 m~(D) ~~C~H~~

109. ~c<fif.\~~~~~?

(A) 9jffi~$HI

(B) ~m'if

(C)~

(D) ~~ C~H~~

21 [ P.T.D.

(A) POSDCORB

(B) POSTCARD

(C) POSDCORA


108. How many principles of management

have been propagated by Henry

Fayol?

(A) 12 principles

(B) 14 principles

(C) 15 principles


109. Which one of the following is not the

function of management?

(A) Planning

(B) Staffing

(C) Co-operating


110. Human relations

propagated by

F. W. Taylor

Henry Fayol

~ ax Weber

approach

- e of them

. /17

111. Which of the following functions is

regarded as the essence of

management?

(A) Planning

(B) Organizing

(C) Co-ordination


112. Which is the major issue faced while

doing manpower planning?

(A) Type of informations used in

making forecasts

(B) Types of people to be hired

(C) Multiple positions to be filled


113. The area not covered in industrial

relation is

(A) economic development

(B) role of management, trade

union and Government

(C) collective bargaining


111. ~ ~ <Pll§flUc<p~~ ~ ~

~?

(A) '1fii1<Pt1~1

(B) ~~~

(C) >j~~Wll~

(0) ~~ C<PI~~ -;m

112. ~H;q>j""~ '1fii1<Pt1~I~~ ~ ~ M~~fG~~~~?

(A) ~ ~ ~ ~ I:lQij~farn

~

(B) ~ ~ <p~C'f~ M'if ~ W1

(C) ~~~M'il~W1

(0) ~~ C<PH~ -;m

113. ~ ~ ~ fi'm ~~ ~~~;n?

(A) ~~~

(B) ~~ ~, ~ ~~~ \S

~

(C) ~~ 'f~<P~I<P~

(0) ~~ C<PI~~ -;m

114. The objectives of trade union do not' 114.

include

(A) employee's compensation

(B) working condition

(C) recognition and participation


~ ~~~ tr;Cl1tC"lrn ~~ ~ ~

\5l~~~ -;m ~ ~

(A) <p~bffll~ ~~'t

(B)~~

(C) ~~'t \S ~1R>'f1~

(0) ~~ C<PH~ -;m

115. Modem marketing is

(A) priceoriented

(B) product oriented

(C) consumer oriented


/17

115. ~~~'1'R~

(A) ~~

(B) 9f'lJ ~

(C) ~~

(0) ~~ C<PH~ -;m

22

116. Good marketing is no accident, but

a result of careful planning and

(A) selling

(B) execution

(C) strategies


117. The promotion of 'P' of marketing is

also known as

(A) product differentiation

(B) distribution

(C) marketing communication


118. From buyer's point of view, product

is considered as

(A) customer's cost

(B) customer's solution

(C) customer's communication


119. In marketing theory, every

contribution from the supply chain

adds

(A) value

(B) cost

(C) ingredient


120. According to four 'P' of marketing,

credit term can be classified as

( ) place

) product

C price

otion

116. ~ ~9f~ ~ '5Il<P~~~ ~

(B)~~

(C) ~Cii1~ ~

(0) ~~ C<Pl~~ ~

/17

117. ~9f~ ~ ~'rn 'P' c<1i\5R1 ~

~~~~~

(A) 9fC'lrn AA~

(B) '1~<l?l1~

(C) ~9f~ ~'ilWn'if

(0) ~~ C<PH~ ~

118. ~ 'tm~f5tc~9f'lJC<pPlC<ltHl~ ~

(A) ~~~

(B) ~~~~

(C) ~ ~'ilWn'if ~

(0) ~~ C<PH~ ~

119. ~9f~ ~ '5I1:>ilC~, ~9f¥t ~ ~~~~~'if~~~

(A) ~

(B) ~

(C) ~~~

(0) ~~ C<Pl~~ ~

120. ~9f~ ~ _ 'P' '5I1:>i1C?l, ~'rn

~(!f~~~

(A) Wl~

(B) 9f'1J~

(C) ~~

(0) ~'l~.

23 [ P.T.O.

121. Which of the following is a quadratic

equation?

(A) x2 +2x + 1 = (4 - x)

2 + 3

(B) -2x2 = (5 - x)(2x - ~)

(C) x3 - x2 = (x _1)3


122. A sum of money at simple interest

amounts to ~ 2,240 in 2 years and

~ 2,600 in 5 years. The principal

amount is

(A) ~ 1,500

(B) ~ 2,000

(C) ~ 2,500


123. The compound interest on ~ 7,500

at 4% p.a. for 2 years computed

annually is

(A) ~ 610

(B) ~612

(C) ~ 614


124. 15% of 34 is

(A) 5'10

(B) 4·10

(C) 3·10


125. How many terms are there in

20, 25, 30, ... , 140?

(A) 22

(B) 24

(C) 23


/17

121. ~~~~'f?

(A) x2 +2x + 1 = (4 - x)

2 + 3

(B) _2x2 = (5-X)(2X-~)

(C) x3-x2=(x-1)3

(D) ~9fm C<Pl"'l~ ~

122. ~ tm ~ ~ 2 ~ 2,240 tm ~<t~

5 ~ 2,600 tm ~ 1SIJ>IC~iil .'f~

(A) 1,500 tm

(B) 2,000 tm .

(C) 2,500 tm

(D) ~9fm C<pl~~ ~

123. 7,500 ~ ~ 4% ~ 2 ~

~"'rf~(A) 610 tm

(B) 612 tm

(C) 614 tm

(D) ~9fm C<Pl"'l~ ~

124. 34-~ 15%~.

(A) 5·10

(B) 4'10

(C) 3'10

(D) ~9fm C<Pl"'ltb\ ~

125. 20, 25, 30, ... , 140 ~ ~~ ~

~~~~~~~?

(A) 221U

(B) 241U

(C) 231U

(D) ~9fm C<Pl~~ ~

24

126. Find the value of k for which the

quadratic equation 2x 3 - kx + k = 0

has equal root.

(A) 5, 0

(B) 10, 0

(C) 0, 8


127. T4e mode of the numbers

4, 10, 7, 15, 7, 3, 5, 3, 7

IS

(A) 3

(B) 7

(C) 15


128. Which is the range of salary of

10 persons given below?

24, 18, 25, 16, 20, 28, 22, 17, 21, 27

(A) 12

(B) 6

(C) 8


129. Assumption in calculating annuity

is that every payment is

(A) casual

(B) different

(C) nominal


130. Series of payments

periodically is classified as

(A) effective payment

(B) annuity

(C) marginal payment

(D) .one of the above

made

126. k-~~ c<Iif.\ ~ ~ ~ ~'f

2x3_kx+k=0~~~?

(A) 5, 0

(B) 10, 0

(C) 0, 8

(D) ~~ C<W'1~ om

/17

127. 4, 10, 7, 15, 7, 3, 5, 3, 7 ~~ .

~~~~~ ~~~~~ ~

(A) 3

(B) 7

(C) 15

(D) ~~ C<PH~ om

128. ~ 10 ~ ~ C:q~C~*I ~ ~'f

~?

24, 18, 25, 16, 20, 28, 22, 17, 21, 27

(A) 12

(B) 6

(C) "8

(D) ~~ C<PI~~ om

129. ~ ~ '5f~ ~ ~ ~ ~

~~'f~~~

(A) \5(1<p~<p

(B) ~

(C) f.)~~~I~<p

(D) ~~ C<pl~~ om

130. ~1*l1:q1~<p~IC:q ~ ~ ~ 9j~~Jl'C~

c<fi'R '5f~ ~ ~ ~ ~~ ~ ~

(A) ~~~

(B) ~~~

(C) ~~~

(D) ~~ C<pl~~ om

25 [ P.T.D.

131. Index for base 'period is always

taken for

(A) 100

(B) 500

(C) 1000


132. The weighted mean for 2, 5, 9, 11

with respective weights 8, 7, 3, 2 is

(A) 7

(B) 8

(C) 5


133. The value of 28% of 450+ 45% of

280 is

(A) 262

(B) 252

(C) 242


134. The median of the numbers 33, 86,

68, 32, 80, 48, 70 ~

(A) 96

(B) 68

(C) 32


131. ~ ~~C<P ~ ~ CQ(C<Ii~ ~ ~

~

(A) 100

(B) 500

. (C) 1000

(D) ~~ C<pH~ -;m

132.' ~ ~~M 2, 5, 9: 11 Ul<1~~9f

~~M~~8, 7, 3, 2~~

~'if\P~

(A) 7

(B) 8

(C) 5

(D) ~~ C<PH~ -;m

133. 450-Ul~ 28% + 280-Ul~ 45%-Ul~ ~

WIT

(A) 262

(B) 252

(C) 242

(0) ~~ C<PH~-;m

134. 33, 86, 68, 32, 80, 48, 70 ~~~-

~~~~~

(A) 96

(B) 68

(C) 32

(D) ~~ C<PH~ -;m

135. The addition and multiplication

of roots of the quadratic equation 135.

3x2 -4x+5 = 0 are

(A)4 5

3'-3

(B)3 3

4'-5

(C)9 7

8'-8


/17

~ ~'f 3x2_4x+5=0-~

~iS!~C{l~ ~~ -s ~~ ~

4 5(A) 3' 3

3 3(B) 4' 5

9 7(C) 8' 8

(0) ~~ C<Pl~~ -;m

26 •

136. The law of demand is applicable to

(A) Giffen goods

(B) inferior goods

(C) normal goods


137. Price elasticity of demand of product

will be more inelastic if

(A) it has no substitute

(B) it has number of substitutes

(C) it is life-saving product


136. ~ ~ ~ 9fC~ ~ ~ ~

~W!T

(A) ~ 9f'lJ

(B) ~ 9f'lJ

(C) ~~'f 9f'lJ

(D) 1:S~ C<PH~;m

138. When average revenue remains

fIxed, then

(A) AR > MR

(B) AR < MR

(C) AR = MR


139. Which of the following is not a factor

of production?

(A) Land

(B) Bank loan

(C) Capital


140. Diminishing marginal returns imply

(A) decreasing average variable cost

(B) decreasing marginal cost

(C) increasing marginal cost

(D) None of the above'

/17

137. ~ 9fC~ ~ ~~ ~~

~ ~ '6l~~~1~ ~ ~~

(A) ~ ~ 9f'lJ -;n ~

(B) ~~ f.f<m 9f'lJ ~

(C) 9f'lJ ~;q~'fl~ MR

(B) AR < MR

(C) AR = MR

(D) 1:S~ C<Pl~~ ;m

139. ~ c;:py;$ 1:S~~ 1:S9fT'f'A';m ?

(A) ~

(B) <m~ ~'f

(C) ~~

(D) 1:S~ C<Pl~~ ;m

140. l1i'~pl~H~ ~f.Wfxr~

(A) ~ '1IT:1;q~~iftaj<mT ~

(B) ~<mT~

(C) ~<mT~

(D) 1:S~ C<PH~ ;m

27 [ P.T.D.

141. At break-even point

(A) Total expenses = Total revenue

(B) Total expenses < Total revenue

(C) Total expenses > Total revenue


142. Which of the following IS a

characteristic of perfectly

competitive market?

(A) Firms are price setters

(B) There are few sellers in the

market

(C) Firms can exit and enter the

market freely


143. If a few firms dominate an industry,

the market is known as

(A) monopolistic competition

(B) oligopoly

(C) duopoly


144. In the short-run, when the output

of a firm increases, its average

fixed cost

(A) remains constant

(B) decreases

(C) mcreases


145. In classical theory, interest is

explained as a

(A) reward for saving

(B) reward for inconvenience

(C) reward for risk bearing


/17

141. '1~I<l~I~ ~

(A) M~=M~

(B) ~~<~~

(C) ~~>~~

(D) ~~ C<PH~ om

142. ~ C<fil;$ ~cf ~ <lliSfIC?-1?-1

~?

(A) ~~"COiT 9fC9Rl 'TN f.t~cr ~

(B) ~ '51Wf~~ RCJl'~l ~

(C) ~~"COiT ~ C<fiTCOTf ~ ~ ~

Ul":j~~~~

(D) ~~ C<PH~ om

143. ~~ ~ ~~~ ~ C<fiTCOTf ~ ~

Ul~9f\5J~~, ~~<MT~

(A) Ul<PCbt&~1~~

(B) ~'i1T9fM

(C) ~9fM

(D) ~~ C<PI~~ om

144. ":tt1<PI~~ ~ ~~ C<fiTCOTf ~ 9fC9Rl

~~'1T'M~ ~, ~ 'if\P~ <ml

(A) ~9j~<l~~ ~

(B) ~ 9fm

(C) ~ 9fm

(D) ~~ C<PH~ om

145. $fiJlf$!<PJlaj ~ ~ ~ <m~ <Pm

~~~

(A) ~~~~

(B)~~~~

(C)~~~~

(D) ~~ C<PI~~ om

28

146. Which of the following is not, by

defmition, equal to national income?

(A) National wealth

(B) National output

(C) National expenditure


147. The difference between GNP and

GDP is

(A) gross domestic income

(B) total investment

(C) net income from abroad


148. Which of the following equations is

not true?

(A) APC + APS = 1

(B) MPC + MPS = 1

(C) APC + MPC =1


146. ~~ '¢Ii~ffil ~ ~ ~ ~~om?

(A) ~~

(B) ~~~~

(C) ~~

(D) ~~ C<PJO'l~ om

149~ Which of the following is not an

investment?

(A) Construction of factory building

(B) Issue of new shares

(C) Increase in inventories


147. GNP '8 GDP-~ ~lfJ 9fl~ ~

(A) ~~~

(B) ~~

(C) :nT; ~<qC"ff4<p~

(D) ~~ C<PJO'l~ om

148. ~ C<tSf.{ ~'11t ~ om?

(A) APC + APS = 1

(B) MPC + MPS = 1

(C) APC + MPC =1

(D) ~~ C<Pl~~ om

149. ~~~om?

(A) ~~~~'l

(B) ~ cxmrn~

(C) ~ 9fC'lrn ~

(D) ~~ C<PJO'l~ om

150. ~~~~~

(A) '1~<q~~ij)6j ~~ '1~<q~C~~ ~

~ ~ ~ ~~~ '1~<qf\;\!l ~

(B) ~ ~ '1~<q~C~~ ~ ~ ~ ~

~~~ '1~<qf\;\!l ~

(C) ~ ~ '1~<q~C~~ ~ ~ ~ ~

~~~ '1~<qf\;\!l ~

(D) ~~ C<PJO'l~ om

29 [ P.T.C.

150. Marginal product is :

(A) Rate of which total production

changes with change in variable

input

(B) Rate of which total production

changes with change in total

cost

(C) Rate of which total production

changes with change in fixed

cost


/17

SPACE FOR ROUGH WORK / ~ ~ ~ ~~

/17 30

READ THE FOLLOWING INSTRUCTIONS CAREFULLY:

MtlM~ MC~I;qGfi~~ ~ :

1. Out of the four alternatives for each question, only one circle for the correct answer is to be darkenedcompletely with Black Ballpoint Pen on the OMR Answer Sheet. The answer once marked is not liableto be changed.

~ ~ ~ ~ ~ _ ~ ~'8lIT ~ ~ ,~~~ ~~ ~ ~ OMR ~~ ~'8lIT ~ ~

~~~~~~9f~~~~~ I ~~~~~ ,~~~ ~~~on I

2. The candidates should ensure that the OMR Answer Sheet is not folded. Do not make any stray markson the OMRAnswer Sheet. Do not write your Roll No. anywhere else except at the specified space on theOMRAnswer Sheet.

~~ c<liA~ OMR~~ ~ ~ on I OMR~~ c<liA~ 'ii'S! ~ <n ~ CO'NI~ on I ~~

~ ~ ~ ~~ ~ ~ ~'SfT ~ '5foUc<liA1S~'Slm ~ on I

3. Handle the Question Booklet and the Answer Sheet with utmost care, as under no circumstances(except technical defect), another set will be provided.

OMR ~~ I!l<l, ~~ ~ ~ ~ ~ ~ ~ I c<liA1S \5j<1~IC\!l' (1J.a'f~ IS ~'\'j\3 ~ ~)

OMR~~ IS ~~ ~ ~'8lIT ~ on I

4. The candidates will write the correct Question Booklet Number and the OMR Answer Sheet Number inthe Attendance Sheet.

~~ \5jllC'GC;:S"i~-I!l ~ OMR~~ ~ 1!l<I,~~ ~ f.1~01~IC<1~ ~ I

5. Candidates are not allowed to carry any textual material, printed or written, bits of papers, pager,mobile phone, electronic devices or any other material except the Admit Card and Photo Identity Cardinside the Examination Hall/Room.

~~~ *1!l<I,~ \5j~'I!i~1t1t *~'5foU c<liA1S~9fTCOIT<n CiMl <fiT'ifSi,-$:r IS 1J.a~~, ,~, ~CWol, '5foUc<liA~ "01~f.1~Ciif'Giil ~ f.ti~ ~ ~ ~ 9f~l~Pf~ ~ ~ ~ ~ ~ ~ ~ ~~ ~* IS ~ \5j~'I!i~1t1t *~ <n1:lJ~ I

7. No candidate, without special permission of the Centre Superintendent or Invigilator, should leavehis/her seat.

~ ~'>jI~~C~W'V <n'"iR>~C01'Giil-l!l~ ~ ~ ~ ~~ ~ ~ ~ ~ ~ ~ ~ ~ on I

8. Candidates will have to sign twice in the Attendance Sheet presented by the Invigilator on duty; firstafter taking their seats in the Examination Hall/Room and second at the time of handing over theirOMR Answer Sheet to the Invigilator.

~~~ '"iR>~Ciif'GCiiliil ~lSm \5jllC'Gc<S"i~ ~ ~ ~ ~, ~~ ~ ~ ~ ~ ~orn 9fiil 1!l<I,

~ '"iR>~Ciif'GCiiliil~ OMR~~ ~ ~lSmiil ~ I

9. The candidates should not leave the Examination Hall/Room without handing over their OMR AnswerSheet to the Invigilator on duty and signed the Attendance Sheet twice. Cases where a candidate hasnot signed the Attendance Sheet a second time will be deemed not to have handed over the AnswerSheet and dealt with as an unfair means case.

\5jllC'GC~"i~-I!l ~ ~ ~ <!1<1, ~ '"iR>~C01'Giil-~ ~ ~~ ~ ~ ~ c<liA1S ~~ ~ ~ ~'S!

~ ~ on I ~ c<liA1S~~ \5jllC'GC~"i~-I!l ~ ~ on ~ ~ AA ~ OMR~~ ~ ~ ~ 'S!'IJ

~ 1!l<I,~ ~ <fiTIf ~ ~ ~ I

10. Use of any type of calculating device is prohibited.

~ c<liA1S~ <filI01<fC01'GCM~ ~~9f ~ I

11. The candidates are governed by all rules and regulations of the Board with regard to their conduct inthe Examination Hall/Room. All cases of unfair means will be dealt with as per rules and regulationsof the Board.

~ ~/~ ~I:IJ ~~ ~'f ~ m IS ~ ~ ~ ~ I ~ ~ ~ <fiTIf ~ m IS

~~~~I· -

12. No part of the Question Booklet and the OMR Answer Sheet shall be detached under anycircumstances.

c<liA1S~ ~9fJ! I!l<l, OMR~~ c<liA1S~~ ~ <n ~ ~ ~ on I

13. On completion of the test the candidate must hand over the OMR Answer Sheet to the Invigilator inthe Hall/Room. The candidates are allowed to take away this Question Booklet with them.

~ ~ ~'8lITiil ~ ~ ~ im OMR~~ ~'"iR>~Ciif'GCiiliil ~ ~ ~ I ~ ~,~~ ~

~f4t4f~~1

/17 32 KK6-60

=n9c@d9j@ed'2jf>j ;ecc=h;= - ibps club

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