Questions

Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. Sunita Aralikar's story is incredible but true.
P. Fortunately she was pulled out of the tiny grave by her maternal grandfather.
Q. Her mother died when she was fifteen days old.
R. Her grandfather decided to educate her on his own.
S. She was buried alive by her illiterate father the next day.
6. Today Sunita is an author and a well known social activist, fighting against female infanticide.

 

A) PQRS B) SRQP
C) QSPR D) PRSQ
 
Answer & Explanation Answer: C) QSPR

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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'.

The first and decisive step (1)/ in the expansion of Europe overseas (2)/ was the conquest of Atlantic Ocean. (3)/ No error (4)

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

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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.

 

The ___________ conversation-starter cultivated by years of ostentatious ___________ society is a simple ‘how do you do?’ followed by a polite shaking of hands and an optional comment on the weather. But aside __________ the mental trauma this ritual causes to those unfortunate souls who suffer from clammy hands, it also doesn’t provide much incentive to go on. Fascinating as the weather can be from time _________ time, one can speak only so much about the ____________ of the sun and express sympathy towards the depressions the Bay of Bengal faces.

 

The ___________ conversation-starter cultivated

 

A) basic B) base
C) basically   D) basics
 
Answer & Explanation Answer: A) basic

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

All in the same boat.

 

A) staying together is the secret to successfully navigating the ups and downs of life B) In a group, one's situation is tied up with the situation of the rest.
C) There is false sense of safety in a large group D) To be in the same unpleasant situation as other people
 
Answer & Explanation Answer: D) To be in the same unpleasant situation as other people

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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.

 

The general consensus is that the millennial _____________ with taking pictures of everything stems from the tendency to over- share on social media, but it may also be a manifestation _______________ our relationship with an increasingly unstable present. When everything around you _______________ before you can register it, it is tempting to reach into your pocket for your smartphone, click away, and think about it later, even ___________ the subject is as simple as a slice of toast. The selfie may be narcissistic, but it is ___________ a self-portrait that anchors you to a time and place, be it your first holiday abroad or the nightclub you visit every weekend.

 

When everything around you _______________ before you can

 

A) change   B) changes  
C) changing   D) changed
 
Answer & Explanation Answer: B) changes  

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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500 B) Rs 127500
C) Rs 180000 D) Rs 60000
 
Answer & Explanation Answer: A) Rs 52500

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