1. According to which of the following 4. Cartage paid on the purchase of new

accounting concepts, even the machine is debited to:

proprietor of a business is treated as (a) Cartage Account

creditor to the extent of his capital? (b) Profit and Loss Account

(a) Money measurement concept (c) Machine Account

(b) Cost concept (d) Trading Account

(c) Dual aspect concept 5. In which method of depreciation, Asset

(d) Separate entity concept Account is debited with interest?

2. According to money measurement (a) Sum of years' digit method

concept, which of the following will be (b) Machine hour rate method

recorded in the books of accounts ? (c) Annuity method

(a) Extra profits made due to the (d) Diminishing balance method

introduction of budgetary control 6. Which method of depreciation has been

system especially designed to provide funds for

(b) Quality control in business replacement of Assets ?

(c) Commission payable to salesman (a) Depreciation at replacement

(d) Hardworking nature of employees price

(b) Straight line method

3. Depreciation was not recorded in the (c) Depletion method

books of account because to do so (d) Depreciation fund method

would result in a net loss for the period.

Indicate the accounting principle til at is 7. Which of the following is not correct?

violated: (a) Purchases + Opening Stock -

(a) Cost Cost of Goods Sold = Closing

Stock. (b) Full disclosure

(b) Opening Stock + Purchases -(c) Conservatism

Closing Stock = Cost of Goods

(d) Consistency Sold.

KR-8A/29 ( 2) Contd.

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(c) Closing Stock + Cost of Goods

Sold - Purchases = Opening

Stock.

(d) Cost of Goods Sold - Closing

Stock - Purchases = Opening

Stock.

8. When interest is to be allowed on the

capital of the partner, it is calculated on

the:

(a) Capital in beginning of the year

(b) Capital at the end of the year

(c) Capital at the endless drawings,

if any

(d) Average capital

9. A, 8 and C share profits and losses in

the ratio of 6 : 5 : 3. D is admitted into

the partnership for 1/8th share. The

sacrificing ratio will be :

(a) 6: 5: 3

(b) 5/14:4/14: 3/14

(c) As per Partnership Act

(d) Equal

10. Premium paid on the joint life policy of

partners is :

(a) Credited to the respective

partners' Capital Accounts

KR-8A/29 ( 3 )

(b) Debited to the respective

partners' Capital Accounts

(c) Credited to Profit and LossAccount

(d) Debited to Profit and Loss Account

11. Partnership can be brought to an end

by giving notice when :

(a) Partnership is for a fixed period

(b) Partnership is not for a fixed

period

(c) The purpose for which it was

established has come to an end

(d) Partnership is at will

12. When a fim is dissolved, Goodwill

Account is closed by transferring to :

(a) Realisation Account

(b) Capital Account of the partners

(c) RevaluationAccount

(d) Profit and Loss account

13. On an equity share of Rs. 100, the

minimum amount of application money

under the law should be :

(a) Rs. 2

(b) Rs. 5

(c) Rs.10

(d) Rs. 50

(Turn OV'"' " )

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14. Petty cash is designed : 17. Preference Shareholders are :

(a) To meet the needs of small (a) Debtors of the company businesses

(b) Creditors of the company (b) To cover small and miscellaneous

(c) Customers of the company incomes

(c) To cover the small expenditure to (d) Owners of the company

｢ｾ＠ paid in cash 18. In the Balance Sheet of a company,

(d) To cover both small incomes and Goodwill is shown under the heading of :

small expenditures (a) Fixed Assets

15. X Ltd. forfeited 20 shares of Rs. 1 0 (b) Investment

each, Rs. 7 called up, on which John had (c) Current Assets

paid application and allotment money

of Rs. 5 per share, Of these, 15 shares (d) Miscellaneous Assets

were reissued to Parker as fully paid up 19. When Net Profit is Rs. 2,25,000, Taxes for Rs. 6 per share. What amount should Rs . 25 ,000 and the Net Worth be transferred to Capital Reserve

Rs. 1 0,00,000, what is the rate of return Account?

on shareholders' equity? (a) Rs. 15

(a) 22.5% (b) Rs. 20

(b) 20% (c) Rs. 75

(d) Rs. 100 (c) 25%

(d) Cannot be calculated 16. If a limited company has adopted

Table-A, it is required to pay interest 20. The journal entry for the issue of shares

on calls in advance at the rate of : at discount, to be recorded at the time

(a) 5% of allotment of shares is :

(b) 6% (a) Dr. Share AllotmentA/c

(c) 8% Cr. Share Capital Ale

10% Cr. Discount on Issue of SharesA/c

( 4) Contd.

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(b) Dr. Share Capital A/c (c) Gross Profit

Cr. Share Allotment Ale (d) Net Profit

Cr. Discount on Issue of Shares Ale 23. The surplus or deficit revealed by

(c) Dr. Discount on Issue of Shares Ale Income and Expenditure Account is

Dr. Share Capital Ale transferred to :

Cr. ShareAIIotmentA/c (a) Receipts and Payments Account (d) Dr. Share Allotment Ale (b) Profit and Loss Account

Dr. Discount on Issue of Shares Ale (c) Capital Account Cr. Share Capital A/c

(d) Capital Fund 21 . In a Receipts and Payments Account,

the amount of payment on account of 24. In the books of an institution run not for

salaries appears at Rs . 1 ,2 ·1 ,500 . profit, subscriptions received in

Outstanding salaries in the beginning of advance is shown as :

the year and at the end of the year were (a) An income

Rs. 10,000 and Rs. 10,500 respectively. (b) An expenditure

The amount appearing against the item (c) An asset

salaries in the related Income and (d) A liability Expenditure Account for the year will be :

25. At the end of an accounting year, trade (a) Rs.1 ,11 ,500 debtors total is Rs. 50,000. Provision

(b) Rs. 1,21 ,000 for bad debts and for discount for

(c) Rs. 1,22,000 debtors are made @ 5% and @ 2% (d) Rs. 1,31 ,500 respectively. Provision for discount on

22. In the Income and Expenditure Account, debtors will be made for :

the excess of income over expenditure (a) Rs. 950

is called : (b) Rs. 975

(a) Surplus (c) Rs.1,000

(b) Deficit (d) Rs. 2,500

KR-8A/29 ( 5 ) (Turn over)

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26. Huge advertising expenses are incurred (c) A capital exenditure to introduce a new product in the market, (d) Capital loss it is :

30. Partnership Deed provide for a salary (a) Revenue expenditure of Rs. 10,000 per month to partner X. If

(b) A deferred revenue expenditure X withdraws only Rs. 5,000 in a month,

(c) A capital exrenditure the remaining Rs. 5,000 is : (d) Capital loss

(a) Credited to Profit and Loss

27. The purpose of Accounting Standards (Adjustment) Account

in India (AS) is to : (b) Credited to Current Account of

(a) Present true and fair view of the Partner X

business (c) Credited to Salary Payable Account (b) Control the cost of manufacturing (d) Debited to Capital Account of (c) Harmonise and bring trans- Partner X

parency in accounting practices 31. A and 8 share profits in the ratio of 4 : 3

(d) Maximise the profits of the in a firm. They admit C for 2nth share

business in the firm. C acquires his share from A

28. Accounting Standard-6 (AS-6) is related and 8 equally. The new profit sharing to: ratio of the partners will be •

(a) Accounting for disclosure of (a) 20 . 15 : 14 accounting policies (b) 5 : 5 : 4

(b) Depreciation accounting (c) 4 : 3:2 (c) Cash flow statement

(d) 3 : 2 : 2 (d) Revenue recognition

32. A and 8 are partners in the ratio of 4 : 3. 29. Expenditure incurred by a publisher for They admit C in the firm and decide to

acquiring copyright is : share future profrts equally. The sacrifice

(a) Revenue expenditure ratio of old partners will be: (b) A deferred Revenue expenditure (a) 1 : 1

KR-BA/29 ( 6) Contd.

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(b) 5: 2

(c) 2 : 5

(d) 4 : 3

33. Ram, Shyam and Mohan are partners

with profit sharing ratio of 4 : 3 : 2.

Shyam retires and goodwill Rs. 15,000

was shown in the books of account.

Ram and Mohan share profits of Shyam

in 5 : 3 then find new profit sharing ratio :

(a) 13:11

(b) 17 : 11

(c) 31·11

(d) 14:21

34. The capitals of X, Y and Z are

Rs. 1 ,00,000, Rs. 75,000 and

Rs. 50,000. Profits are shared in the ratio

of 3 : 2 : 1. Y retires on the basis of firm

purchased by other partners then the

new ratio between Ram and Mohan is

3 : 1. Find the capital of X and Z :

(a) Rs. 1,50,000 and Rs. 1,00,000

(b) Rs. 1,46,250 and Rs. 42,000

(c) Rs. 1,56,250 and Rs. 68,750

(d) Rs. 86,250 and Rs. 46,250

35. At the time of dissolution of firm profit

or loss on realisation is divided into

partners:

(a) In the ratio of capital

KR-8AJ29 ( 7 )

(b) In profit sharing ratio

(c) In equal ratio

(d) As per Garner v/s Murray rule

36. Company who adopts Table A, charges

interest on calls in arrear at the rate of:

(a) 5%

(b) 6%

(c) 7%

(d) 12%

37. Share Capital Account is debited in the

forfeited entry :

(a) With the calls in arrear

(b) With the uncalled amount on

shares

(c) With the called up amount on

shares

(d) With the paid up amount on shares

38. A company forfeited 500 equity shares

of Rs. 1 0 each on which full amount had

been called up and Rs. 4 per share were

paid up. The company re-issued 400

shares out of them @ 9 per share fully

paid up. The amount to be transferred

from Share Forfeited Account to capital

reserve will be:

(a) Rs. 2,000

(b) Rs. 1,600

(Turn over)

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(c) Rs. 1,200 (c) Detailed audit

(d) Rs. 400 (d) Statutory audit

39. If debentures are issued at par and 43. Audit in depth is synonymous for:

redeemable at premium, the premium (a) Complete audit

payable will be debited to : (b) Completed audit

(a) Premium on Redemption of (c) Final audit

Debentures Ale (d) Detailed audit

(b) Loss on Issue of Debentures Ale 44. Balance Sheet's audit includes

(c) Debenture Premium A/c verification of :

(d) Debenture Ale (a) Assets

40. Own debenture account (at the time of (b) Liabilities

purchase) will always be debited with : (c) Income and expense accounts

(a) Face value where appropriate

(b) Cost price (d) All of the above

(c) Market price 45. An auditor should study and evaluate

(d) Issue price internal controls to :

41. The man object of an audit is : (a) Determine whether assets are

(a) Expression of opinion safeguarded

(b) Detection and prevention of fraud (b) Suggest improvements in internal

and error control

(c) Both (a) and (b) (c) Plan audit procedures

(d) Depends on the type of audit (d) Express and opinion

42. In India, Balance SheetAudit is synony- 46. Who is responsible for the appointment

mousto : of statutory auditor of a limited

(a) Annual audit company?

(b) Continuous audit (a) Directors of the company

KR-SA/29 ( 8) Contd.

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(b) Members of the company (c) There is a limit to the number of

(c) The Central Government shares that can be issued

(d) All of the above (d) The number of shareholders has

47. Which of the following Sections deal a fixed upper limit

with the qualifications of the auditor? 50. Which of the following statements is

(a) Section 226(1) and Section 226 true?

(b) Section 224(1) and Section 224(2) (a) Loan capital is not normally repaid

to the lender (c) Section 226(c) and Section 226(4)

(d) Section 224(3) and Section 224 (b) Loan capital is money borrowed

from outsiders 48. Which of the following statement is not (c) The providers of loan capital are

true? paid a dividend

(a) A partnership firm can be (d) Loan capital is money subscribed appointed as a statutory auditor of

by shareholder's of the company limited company

(b) Appointment can be made in the 51 . Both direct materials and indirect

materials are classified as : name of the firm

(c) Majority of the partners should be (a) Raw materials

practicing in India (b) Manufacturing overhead

(d) All partners should be Chartered (c) Merchandise inventory

Accountants (d) Non-current assets

49. If a company has the word limited at the 52 Which one of the following would not be

end of its name, this means that : classified as manufacturing overhead ?

(a) The shareholder's liability for the (a) Indirect labour

debts of the business is restricted (b) Direct materials

(b) There is a limit to the amounts the (c) Insurance of factory building

company can borrow (d) Indirect materials

KR-8A/29 ( 9) (Tum over)

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53. A manufacturing process requires small 57. Price Earning Ratio is a relationship amounts of glue. The glue used in the between:

process is classified as : (a) Cost of one share and Dividend

(a) A prime cost per share

(b) An indirect material (b) Market price per share and

(c) A direct material Dividend per share

(d) Miscellaneous expense (c) Dividend per share and Return on

Investment 54. Which of the following is not a manu-

facturing cost category? (d) Market price per share and

Earning per share (a) Cost of goods sold

(b) Direct materials 58. Which ratio is computed to examine

Trading on Equity? (c) Direct labour

(d) Manufacturing overhead (a) Return on Equity Capital

(b) Ratio of Gross Profit to Equity 55. Sales commission are classified as :

Shareholders' Fund (a) Prime costs

(c) Capital Gearing ratio (b) Period costs

(d) Solvency Ratio (c) Product costs

59. Collection of Sundry Debtors in full would (d) Indirect labour cause:

56. Current Ratio= 3.5; Liquid ratio= 2.5; (a) Increase in Current ratio Working Capital is Rs. 1 ,00,000. (b) Increase in Debtors turnover ratio Hence, Current Assets are .

(c) Decrease in Current ratio (a) Rs. 40,000

(d) Would have no effect on the above (b) Rs. 1 ,00,000

ratios (c) Rs. 1,60,000

60. When one variable of a ratio is taken (d) Rs. 2,000 from the Revenue Statement and the

KR-BA/29 ( 10) Contd.

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other variable is taken from the Balance

Sheet then the ratio is called :

(a) Cor:nposite Ratio

(b) Total Ratio

(c) Structural ratio

(d) Balanced Ratio

61. When shares are issued for cash at a

premium, it would cause:

(a) An application of fund

(b) A source offund

(c) Noflowoffund

(d) A source of fund only for the

premium portion

62. Interest paid by Axis Bank on the Fixed

Deposit of Mr. Thomas is shown in the

Cash Flow Statement of the Bank as :

(a) Operating Activity

(b) Financing Activity

(c) lnvestingActivity

(d) Extra-ordinary Activity

63. Depreciation charged on Fixed Asset

is:

(a) A source of fund

(b) An application of fund

(c) An application of fund it it is on

WDV basis

KR-8A/29 ( 11 )

(d) Neither a source nor an

application of fund

64. Which of the following statement is not

correct?

(a) There is a flow offund when a short

term loan is converted to long term

loan.

(b) Purchase of buildmg on credit is

an application offund.

(c) Payment of donation is shown in

the Cash Flow Statement as

operating activity.

(d) As of now Fund Flow Statement

is mandatory for registered

companies in India.

65. Which of the following is a component

of Fund Flow Statement?

(a) Statement of changes in Working

Capital

(b) Cash Flow Statement

(c) Revenue Statement

(d) Financial Statement

66. Initial Public offer of shares means issue

of shares through the issue of:

(a) Prospectus

(b) Equity shares

(c) Preference shares

(Tum over)

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(d) Both Equity Shares and

Preference Shares

67. Read the following statements and

choose the correct code ｦｯｲｴｨｾ＠ correct

answer:

(i) Only fully paid up Bonus shares

can be issued out of the balance

of Securities Premium Account.

(ii) Only fully paid up Bonus shares

can be issued out of the balance

of Capital Redemption Reserve

Account.

Code:

(a) Only (i) is correct

(b) Only (ii) is correct

(c) Both (i) and (ii) are correct

(d) Both (i) and (ii) are incorrect

68. Select the correct statement from the

following statements :

(a) The right to subscribe right shares

is optional.

(b) A private limited company cannot

issue right shares.

(c) Right shares are offered only to

the existing equity shareholders.

(d) A shareholder to whom right

shares are offered cannot sale the

right to other.

KR-BA/29

69. Read the following statements and

choose the correct code for the correct

answer :

( 12)

70.

(i) Debentures are part of a

company's 'borrowed capital'.

(ii) Debenture does not include

debenture stock and bonds of a

company.

(iii) A debenture IS a written

acknowledgement of debt by a

company under its common seal.

(iv) A company cannot redeem its

debentures wholly out of Capital.

Code:

(i) (ii) (iii) (iv)

(a) TRUE TRUE FALSE TRUE

(b) FALSE TRUE TRUE FALSE

(c) TRUE FALSE TRUE TRUE

(d) TRUE FALSE TRUE FALSE

Private placement of shares means :

(a) Sweat equity

(b) Employees' stock option

(c) Issue and allotment of shares to a

select group

(d) All of the above

71 . The objective/s of SEBI is/are:

(i) To protect the interests of the

investors in securities

Contd.

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72.

(ii) To promote the development of

the securities market

(iii) To regulate the securities market

and for matters connected

therewith and incidental thereto

Select the correct one from the

following code :

(a) (i) and (ii) are correct

(b) (ii) and (iii) are correct

(c) (i) and (iii) are correct

(d) All are incorrect

Read the following statements and

choose the correct code for the correct

answer:

(i) Capital market is a market for

long-term debt and equity shares.

(ii) Secondary market comprises of

share markets and the debt

markets.

(iii) In the primary market, securities

are offered to public for sub scrip-

tion for the purpose of raising

capital or fund.

(iv) Stock exchange 1s the part of an

auction market and Over-the-

KR-SA/29

73.

Counter (OTC) is a part of the

dealer market.

Code:

(i) (ii) (iii) (iv)

(a) TRUE TRUE FALSE TRUE

(b) FALSE TRUE TRUE FALSE

(c) TRUE FALSE TRUE TRUE

(d) TRUE TRUE TRUE TRUE

Select the incorrect statement for Open-

end Mutual Fund :

(a) Open-end Mutual Fund is available

for subsctiption all through the year.

(b) Open-end Mutual Fund has a fixed

maturity.

(c) Investors can conveniently buy and

sale units at NAV related prices.

(d) The key features of Open-end

Mutual Fund is its liquidity.

7 4. Bombay Stock Exchange was granted

permanent recognition under :

( 13)

(a) The Securities Contract

Regulation Act, 1956

(b) The Companies Act, 1956

(c) Notification of the Ministry of

Company Affairs, New Delhi

(d) Banking Regulation Act, 1949

(Turn over)

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75. Money Market and Capital Market are

parts of :

(a) Stock Market

(b) Curren_cy Market

(c) Financial Market

(d) Derivative Market

76. Any one of the four options is not

considered as Non-Corporate form of

ownership of organisation :

(a) Co-operative Enterprise

(b) Sole Proprietorship

(c) Joint Hindu Family Firm

(d) Partnership Firm

77. Match the following List- I with List- II :

LIST -I LIST -II

(A) One man (1) Partnership at

ownership Will

(B) Membership (2) Particular

due to birth Partnership

in family

(C) Partnership (3) Joint Venture

established

for a stipulated

period for

completion of a

specified venture

KR-8A/29 ( 14)

(D) Partnertship (4) Sole Proprie-

formed without tors hip

specifying

ventures period

of time

(5) Joint Hindu

Family Firm

A 8 c D

(a) 4 5 2

(b) 5 4 2

(c) 1 2 3 4

(d) 2 3 4

78. In which forms of organisation the

liability of Head (Karta) is unlimited and

the liability of other members in their joint

business is limited to the value of their

individual interest in their joint business ?

(a) Partnership

(b) Sole Proprietorship

(c) Joint Hindu Family

(d) All Non-Corporate forms

79. The Indian Partnership Act belongs to

which year?

(a) 1923

(b) 1965

(c) 1956

(d) 1932

Contd.

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80. In reference with Joint Hindu Family

Firm what is the most appropriate word

for the property inherited by Hindu from

his father, father's father and father's

grandfather?

(a) Ancestral

(b) Hereditary

(c) Both (a) and (b)

(d) None of the above

81 . Statement 1 : Indian Companies are

governed by Indian Companies Act,

1956.

Statement 2 : The Co-operative

organisation in India are governed by

the Co-operative Societies Act, 1948 or

the State Co-operative Societies Act.

(a) Statement 1 is correct and 2 is

wrong

(b) Statement 1 is wrong and 2 is

correct

(c) Both Statement 1 and 2 are

correct

(d) Both Statement 1 and 2 are wrong

82 In which form of company the minimum

number of members are two and

maximum are fifty?

(a) Private Limited Company

KR- 8A/29 ( 15)

(b) Public Limited Company

(c) Co-operative Organisation

(d) None of the above

83 In Co-operative Organisation the

minimum number of members are ten

but what is the limit for maximum number

of members?

(a) 110

(b) 115

(c) 100

(d) None of the above

84 Match the List - I with List- II :

LIST - I LIST- II

(A) Minimum 7

Directors

(B) Indian

Companies

Act

( 1) Private Ltd.

Company

(2) Service

Motive

(C) Co-operatives (3) Public Ltd.

Company

(D) Transferability (4) 1932

of shares is

restricted

A

(a) 1

(b) 2

8

2

3

(5) 1956

c 3

4

D

4

5

(Turn over)

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85.

86.

A

(c) 3

(d) 4

8

5

3

c 2

D

2

Which company is prohibited from

inviting public to subscribe to its shares

and debentures ?

(a) Public Limited Company

(b) Private Limited Company

(c) Co-operative Organisation

(d) All of the above

Match the List- I with List- II :

LIST -I LIST -II

(A) Combination of (1) Diagonal

firms carrying on Combina-

the same trade or tion

(D) The product of one (4) Horizontal

major firm becomes Combina-

the raw materials tion

of many combining

firms

A

(a) 2

(b)

(c) 2

(d) 4

8

3

2

4

2

(5) Converg-

entlateral

Combina-

tion

c 4

·3

3

5

D

5

4

5

3

87. Which Pools (Business Combinations)

seek to control price through pooling of

demand and its allocation among

pursuing the same members ?

productive activity

(B) Combination of (2) Vertical

firms in successive Combina-

stages of the same tion

industry

(C) Different types of (3) Divergent

products manu- Lateral

factured by the Combina-

combining units tion

becomes the raw

materials of a single

firm

KR- 8A/29 ( 16)

(a) Traffic Pools

(b) Market Pools

(c) Output Pools

(d) Patents Pools

88. Which "Cartels" (Business

Combinations) regulate the sales terms,

delivery conditions, packaging etc?

(a) Customer-assigning cartels

(b) Zonal cartels

(c) Term fixing cartels

(d) Quota fixing cartels

Contd.

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89. Which "Cartel" (Business Combinations) (c) Export Credit and Guarantee

are in the form of agreements between Corporation

cartels of one country to cartels of (d) None of the above

another country ?

(a) Super Cartels 92. Only four steps of Export Procedures are

(b) Zonal Cartels given, choose the correct sequence :

(c) Price Fixing Cartels (a) Receipt of Enquiry ; Fixing the

Exchange Rate ; Receipt of Indent ;

(d) Customer-assigning Cartels Demanding Letter of Credit

90. Match the List- I with List- II : (b) Receipt of Indent ; Receipt of

LIST-I LIST -II Enquiry ; Fixing the Exchange

(A) Chambers of (1) Federati- Rate ; Demanding Letter of

Commerce ons Credit

(B) Pools (2) Holding (c) Receipt of Indent ; Fixing the

Company Exchange Rate ; Demanding

(C) Cartels (3) Associ a-Letter of Credit ; Receipt of

tions Enquiry

(D) Partial Consolida- (4) Private

tions Company (d) Receipt of Enquiry ; Receipt of

(5) Syndicates Indent ; Demanding Letter of

A B c D Credit ; Fixing the Exchange

(a) 3 1 5 2 Rate

(b) 2 3 4 93. When the Foreign Trade (Development

(c) 2 3 4 5 and Regulation) Act came into force

(d) 1 3 2 5 which replaced the Imports and Exports

(Control) Act, 1947?

91 . What is the full form of ECGC ? (a) 1990

(a) Extending Credit and Guarantee

Corporation (b) 1953

(b) Evaluation of Credit and (c) 1992

Guarantee by Corporation (d) 1973

KR- SA/29 ( 17) (Turn over)

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94. Answer the question from following 96. When subordinate takes decision within

table: their junsdiction and refer the problem

Growth of World Merchandise Exports beyond their capacity to the superior, it

Year Value of Merchandise Exports is a case of·

(in billions of US $) (a) MBO

1950 55 (b) Centralization

1960 113 (c) MBE

1970 280 (d) Line Authority

1980 1846 97. Assumptions regarding the expected

1990 3311 env1ronment in which plans are required

2000 6350 to operate is known as :

2002 6272 (a) Planning Horizon

In which year the value of merchandise (b) Planning Premise

exports increased by 147% compared (c) Long Range Planning

to figure of earlier decade ? (d) Tactics

(a) 1970 98. Who developed mathematical formula

(b) 1990 for span of control ?

(c) 2000 (a) Lyndal Urensick

(d) 1960 (b) F. W. Taylor

95. When the Export-Import Bank of India (c) Henri Fayol

was set up by an Act of Parliament for (d) V. A. Graicunao

the purpose of financing, facilitating and 99. Who developed hygienic factors for promot1ng Foreign Trade in India? motivation ?

(a) 1972 (a) Abraham Maslow

(b) 1982 (b) McGregor

(c) 1992 (c) Frederic Herzberg

(d) None of the above (d) Mclelland

KR-8A/29 ( 18) Contd.

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100. Process of attracting prospective

candidates to apply for available

position is :

(a) Selection

(b) Recruitment

(c) Induction

(d) Manpower Inventory

101. When more important, costly and more

number of decisions are taken at the

lower level it is a case of :

(a) Centralization

(b) Scalar Chain

(c) Decentralization

(d) Motivation

102. Leadership theory based on the

personal characteristics a leader

possess is known as :

(a) Behavioral Theory

(b) Contingency Theory

(c) Situational theory

(d) Trait Theory

103. Plans made by middle level managers

are :

(a) ｓｴｲ｡ｴｾｧｩ｣＠ Plans

(b) Operational Plans

(c) Tactical Plans

(d) Novel Plans

KR-BA/29

104. Communication barriers arises out of

symbols and languages are known as :

(a) Semantic Barriers

(b) Psychological Barriers

(c) Emotional Barriers

(d) None of the above

105. Management audit is :

(a) Traditional

(b) Budgetary

(c) Network

(d) Modern Control Technique

106. Double Insurance means:

(a) A matter that has been insured for

double value

(19)

(b) A matter that has been insured for

twice with one insurer

(c) A matter that has been insured for

twice with two different insurers

(d) Different matter insured with one

insurer

1 07. Principles of utmost good faith refers to :

(a) Absence of any fraud or deceit

among both parties

(b) Both the party by influencing with

each other agreed upon

(Turn over)

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(c) Both disclosed all material facts

which are not correct

(d) One party agrees whereas other

party forced to agree

108. Matrix organization means :

(a) It is only the functional organization

(b) It is combination of functional and

product method of departmen-

talization

(c) It only refers to product method of

d ivisionalisation

(d) System where no departmenta-

lization is followed

109. In office automation process, Franking

machines are used for :

(a) Accounting work of the office

(b) Duplicating the copies

(c) Fixing the stamps

(d) Providing telephone connectivity

110. Pigeon Hole method of filing means :

(a) File cases having good number of

holes

(b) File cases having pigeon holes

without any label

(c) File cases having square holes

given with alphabet label

KR-8A/29 ( 20)

(d) File cases having round holes with

arbitrary number

111 . The clause perpetual succession refers

to:

(a) The Director and Shareholders to

continue for ever

(b) The Director and Shareholders

must change frequently

(c) The Director and Shareholders

can change the company

(d) The Director and Shareholders

may or may not change but

company to continues for ever

112. Doctrine of Indoor management means :

(a) Assumption of outsiders regarding

enjoyment of power by the officers

of the company as approved I

delegated them

(b) Authority enjoyed by company

officials

(c) Principles and practice followed

for management of the company

(d) Refers to only rules and

regulations for internal

management of the company

113. All legal and regulatory formalities as

well as compliance of a company

Contd.

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registered under 1956 Act is to be

carried out by an officer called :

(a) Managing Director

(b) Board Members

(c) Director, ｌｾｧ｡ｬ＠

(d) Company Secretary

114. When certificate of incorporation is

issued to a company, it means :

(a) It is a conclusive evidence that all

requirments as per Companies

Act have been complied

(b) That the company is incorporated

having perpetual succession and

Common seal

(c) That company can act as legal

person and capable of exercising

all functions of any incorporated

company

(d) All of the above

115. Sweet Equity Share means :

(a) Shares issued by the company to

its shareholders as dividend

(b) Shares issued by the company to

its Employees I Directors for cash

(c) Shares issued by the company to

(d) Shares issued by the company to

its shareholders at discount

116. The document which contains various

provisions of share capital , meetings,

Board of Directors and other rules and

regulations of the company is :

(a) Certificate of Incorporation

(b) Certificate of Commencement of

Business

(c) Certificate of Statutory declaration

of Compliances

(d) Articles of Association

117. The day to day affairs of any company

is to look after under the overall

supervision and control of :

(a) Board of Directors

(b) Body of Members

(c) Managing Director

(d) Representatives of Shareholders

118. While naming a new company the

principle which is not applicable is :

(a) Name should not be identical or

nearly resemble

(b) Name should not violate

provisions of emblems of names

its Employees I Directors at (c) Name may not be offensive or

discount for consideration other unlawful

than cash (d) Name may be in abbreviation form

KR-SA/29 (21) (Turnover)

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119. The statement in lieu of prospectus in

first issue of capital must be issued by :

(a) A Private Company

(b) A Public ｾｯｭｰ｡ｮｹ＠

(c) Private Company for attracting

public

(d) Public Company not issuing

shares to public

120. The Constitution of the company is:

(a) Memorandum of Association

(b) Articles of Association

(c) Prospectus

(d) Certificate of Commencement

•••••••••••••••

KR-8A/29 ( 22) Contd.

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ANSWERI<EY

. , Q. No. Answer · · · a, b; c & d.

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ANSWERS

31. (d)

ｾ＠32. (b) 33. (a) 34. (c) 35. (b) 36. (a) . 37. (c) 38. (c) 39. (b) 40. (c)

I 41. (d) 42. (a)

' 43. (d) I

44. (d) 45. (c) '

46. .(b) 47. (a2 48. (c) 49. ·(a) 50. (b) 51. (a) 52. (b) 53. (b) 54. . (a) 55. (b)

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.. .

;-- ' KEY -·--·-·--56. (b)

57. (d)

58. (c)

59. (d).

60 (a)

61. (a)

62. (d)

63. (d)

64. (b) I

65. (a)

· 66. (a)

67. (c)

68. (d)

69. (c)

70. (c)

71. (d)

72. (d)

73. (b)

74. (a) I. I

75. (c) $ ｾ＠ ｾｶＮＬ＠

ｾ＠---=--··-----

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I'

. ANSWER I<EY

Subject:- t. {)f'llmEf\C£ & I) rtf) tJN71tN t y Q.No. ·Answer ··'

· a, b, c & d.\

I

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