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Q:

The United Nation declared 2006 as the International year of

A) Rice	B) World Population
C) Communication	D) Elderly Persons

Answer & Explanation Answer: A) Rice

Explanation:

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Q:

The market value of a 10.5% stock, in which an income of Rs. 756 is derived by investing Rs. 9000, brokerage being $\frac{1}{4}$ % is :

A) Rs.108.25	B) Rs.112.20
C) Rs.124.75	D) Rs.125.25

Answer & Explanation Answer: C) Rs.124.75

Explanation:

For an income of Rs.756, investment = Rs.9000

For an income of Rs. $\frac{21}{2}$ , investment = $R s . (\frac{9000}{756} * \frac{21}{2})$ = Rs.125

For a Rs.100 stock, investment = Rs.125.

Market value of Rs. 100 stock = $R s . (125 - \frac{1}{4})$ = Rs. 124.75

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Filed Under: Stocks and Shares

Q:

Journalist's Day was celebrated for the first time all over the country on

A) Oct 1,1984	B) Oct 8,1984
C) Oct 20,1984	D) Oct 28,1984

Answer & Explanation Answer: D) Oct 28,1984

Explanation:

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Q:

Which day is celebrated as United Nations day every year

A) 7th April	B) 25th August
C) 24th October	D) 27th December

Answer & Explanation Answer: A) 7th April

Explanation:

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Q:

How many-shares of market value RS.25 each can be purchased for Rs.12750, brokerage being 2% ?

A) Rs.450	B) Rs.500
C) Rs.550	D) Rs.600

Answer & Explanation Answer: B) Rs.500

Explanation:

CP. of each share= Rs.(25 + 2% of 25) = Rs.25.50.

Number of shares= $\frac{12750}{25.50}$ = 500

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Filed Under: MCSE-Microsoft Certified Solutions Expert

Q:

Human Rights day is observed on

A) December 10	B) December 14
C) December 25	D) December 28

Answer & Explanation Answer: A) December 10

Explanation:

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Q:

The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $\frac{1}{4}$ %, is :

A) RS.105.50	B) RS.106
C) RS.106.50	D) RS.113.75

Answer & Explanation Answer: B) RS.106

Explanation:

Cash realised = Rs. (106.25 - 0.25) = Rs. 106.

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Q:

The cost price of a Rs.100 stock at 4 discount, when brokerage is $\frac{1}{4}$ % is :

A) Rs.95.75	B) Rs.96
C) Rs.96.25	D) Rs.104.25

Answer & Explanation Answer: C) Rs.96.25

Explanation:

CP. = $R s . (100 - 4 + \frac{1}{4})$ = Rs.96.25

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