Questions

Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Filed Under: Indian Economy
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Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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Q:

Management accountants would not

A) prepare reports primarily for external users. B) be concerned with the impact of cost and volume on profits
C) assist in budget planning. D) determine cost behavior.
 
Answer & Explanation Answer: A) prepare reports primarily for external users.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

Many of us have striving to produce (1)/ a blend of all cultures that seem (2)/ today to be in clash with one another. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

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Filed Under: English
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

The wayfarer said to me, "Do you know the way to the Asiad village?"

 

A) The wayfarer asked me if I did know the way to the Asiad village. B) The wayfarer asked me if I knew the way to the Asiad village.
C) The wayfarer asked me if he knew the way to the Asiad village. D) The wayfarer asked me that if I knew the way to the Asiad village.
 
Answer & Explanation Answer: B) The wayfarer asked me if I knew the way to the Asiad village.

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Q:

Hindustan Socialist Republican Association was founded by

A) Subhash Chandra Bose B) Vinayak Damodar Savarkar
C) Jayaprakash Narayan D) Bhagat Singh
 
Answer & Explanation Answer: D) Bhagat Singh

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Filed Under: Indian History
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Q:

Who is considered as the Father of Modern Indian Renaissance?

A) Mahatma Gandhi B) Sardar Vallabhai Patel
C) Vinoba Bhave D) Raja Ram Mohan Roy
 
Answer & Explanation Answer: D) Raja Ram Mohan Roy

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

In its _______________ phase, the big telco monopolies tried to levy a "tax" on all Internet content __________________. The Internet companies were then the new kids on the _________________. They and the Internet user community fought back such attempts. This was the first net neutrality war, and it ______________ the principle of ________________ on the Internet between different types of content or sites.

 

This was the first net neutrality war, and it _____________

 

A) established B) establishes
C) was establishing D) were establishing
 
Answer & Explanation Answer: A) established

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