General Knowldege

8/8/2019 General Knowldege

1/22

(RRB) Railway Recruitment Board Exam 2008 Solved Paper Question paper

1. When a ray of light passes from an optically denser medium to a rarer medium, it

(a) Remains undedicated (b) Bends towards normal(c) Bends away from normal (d) None of these

2.Who is the author of "Anandmath" ?

(a) Rabindranath Tagore (b) Bankim chandra Chattopadhyaya

(c) Sarojini Nayadu (d) Jyotiba Phule

3. Thimpu is the capital of

(a) Nepal (b)Bhutan

(c) Thailand (d) Myanmar

4. The time period of a seconds pendulum is

(a) 1 second (b) 4 seconds

(c) 3 seconds (d) 2 seconds

5. The nuclear fuel in the sun is

(a) Helium (b) Uranium

(c) Hydrogen (d) Oxygen

6. The seconds hand of a watch is 2 cm long. The velocity of its tip is

(a) 0.21 cm/sec. (b) 2.1 cm/sec.

(c) 21 cm/sec. (d) None of these

7. In diesel engine, ignition is caused by

(a) Spark (b) Automatic starter

(c) Compression (d) Friction

8. The mass-energy equivalence, relationship E = mc2 was propounded by

(a) Max Plank(b)Einstein

(c) Newton (d) Hertz

9. The filament of bulb is made of(a) Tungsten (b) Iron

(c) Nichrome (d) Carbon

10. Anti-knocking can be lessened by

(a) Iso Octane (b) N Heptane

(c) TEL (d) Benzene

11. In which of the following oxidation shows a positive oxidation state.

(a) CO (b) N2O

(c) NO (d) F2O

12. Which of the following is used in photography?

(a) Silver Bromide (b) Sodium Bromide

(c) Potassium Chloride (d) Sodium Sulphate13. Which of the following is used in accumulator cell?

(a) Copper (b) Iron

(c) Lead (d) Zinc

14. Choose the wrong statement :

(a) Single magnetic poles can exist

(b) Magnetic poles are always of equal strength

(c) Like poles repel each other


2/22

(d) None of these

15. Laws of electrolysis are given by:

(a) Farady (b) Maxwell

(c) Lenz (d) Bohr

16. Flemings left hand rule is used to fine out:

(a) Direction of magnetic field due to flow of current(b) Direction of induced current due to effect of magnetic field

(c) Direction of motion of a current carrying conductor in magnetic field

(d) None of these

17. The pH of a neutral solution at 250C is :

(a) 0 (b) 1.0

(c) 7.0 (d) 1.4

18. The raw material used for the manufacture of Portland cement is :

(a) Limestone and clay (b) Alumina, clay and gypsum

(c) Gypsum and limestone (d) Gypsum and clay19. CaOCI2 is the chemical formula for a compound

commonly known as :(a) Soda Ash (b) Lime

(c) Bleaching Powder (d) Plaster of Paris

20. The glass used for making laboratory apparatus is :(a) Pyrex glass (b) Hard glass

(c) Soft glass (d) Safety glass

21. The iron produced in blast furnace is :

(a) Pig iron (b) Wrought iron

(c) Stainless steel (d) Steel

22. Formation is a 40% solution of :

(a) Methanol (b) Methenal

(c) Methanoic acid (d) None of these

23. Which of the following is not an ore of aluminium :

(a) Cryolite (b) Feldspar

(c) Bauxite (d) Azurite

24. Rhombic monoclinic and plastic sulphur are:(a) Isomers (b) Isotopes

(c) Allotropes (d) Hydrides of sulphur25. The alkaline hydrolysis of oils or fats gives soap and :

(a) Glycerol (b) Ethenol

(c) Glycol (d) Ethanoic acid

26. The sight of a delicious food usually makes month watery. It is a :

(a) Hormonal response (b) Neural response

(c) Optic response (d) Olfactory response

27. Nitrogen fixing bacteria are normally found in :

(a) Parasitic plants (b) Epiphytic plants

(c) Leguminous plants (d) Aquatic plants

28. Powdery mildew of wheat is caused by:(a) Bacteria (b) Virus

(c) Fungi (d) Protozoans

29. Septic sore throat is caused by :

(a) Bacteria (b) Virus

(c) Fungi (d) Protozoans

30. A person of blood group AB can give blood to :

(a) A and B (b) Only AB

(c) A, B and O (d) All of these


3/22

31. Cell activities are controlled by :

(a) Chloroplast (b) Nitochondria

(c) Cytoplasm (d) Nucleus

32. Which of the following helps eye to adjust the focal length of the eye lens :

(a) Cornea (b) Conjunctiva

(c) Ciliary body (d) Iris33. When pollen of a flower is transferred to the stigma of the same plant, pollination type is referred to as

:

(a) Autogamy (b) Allogamy

(c) Xenogamy (d) Geitonogamy

34. Respiration is a :

(a) Catabolic process (b) Anabolic process

(c) Both of these (d) None of these

35. The structural and functional unit of kidneys are :

(a) Neurons (b) Nephrons

(c) Medula (d) None of these

36. Which of the following enzymes is generally nor present in adult human :

(a) Renin (b) Pepsin

(c) Trypsin (d) Amylopsin

37. The part of the plant which is responsible for carrying water and solutes from roots to various parts of

plants is :

(a) Phloem (b) Xylem

(c) Duodenum (d) Sclercids

38. Widal test is used for susceptibility of :

(a) Malaria (b) Typhoid

(c) Cholera (d) Yellow fever

39. Exchange of gases in plants takes place through :

(a) Stomata (b) Lenticels

(c) Cuticle (d) All of these40. Lieutenant in army is equivalent to following rank in navy :

(a) Lieutenant (b) Sub Lieutanant

(c) Lieutenant Commander (d) None of these

41. Pankaj Advani is associated with :

(a) Snooker (b) Golf

(c) Shooting (d) Archery

42. Which city in the world is known as the forbidden city :

(a) Aberdeen (b) Jerusalem

(c) Mecca (d) Lhasa

43. Rajeev Gandhi Khel Ratna Award carries a sum of :

(a) Rs. 3 lakns (b) Rs. 5 lakhs(c) Rs. 1 lakh (d) Rs. 7 lakhs

44. Who is known as Nightingale of India :

(a) Asha Bhonsle (b) Begum Akhtar

(c) Sarojini Naidu (d) Vijaylaxmi Pandit

45. Which one of the following is not included in the UNESCOs list of world heritage site :

(a) Kaziranga National Park (b) Qutab Minar

(c) Champaner Pavagarh (d) None of these

46. Which of the following is not an electric resistant?


4/22

(a) Lead (b) Ebonite

(c) Charcoal (d) Lac

47. Which of the following is a complementary colour?

(a) Blue (b) Yellow

(c) Magenta (d) Yellow and Magenta

48. The velocity of sound increases in air by for every degree Celsius increase of temperature.(a) 60 m/sec. (b) 0.61 m/sec.

(c) 60 ft/sec. (d) 0.61 km/sec.

49. Henry is a unit of

(a) Capacity (b) Magnetic field

(c) Inductance (d) Frequency

50. The velocity of rotation of Earth is

(a) 28 km/min (b) 30 km/min

(c) 25 km/min (d) 39.5 km/min

51. What is Hubble?

(a) Warship (b) Star

(c) Telescope (d) Missile

52. Which acid is normally found in lemon and grape fruits?

(a) Citric acid (b) Tartaric acid

(c) Ascorbic acid (d) Lactic acid

53. At which temperature Fahrenheit and Celsius show same reading?

(a) -400 (b) 00

(c) -574.250 (d) 2730

54. Limestone is metamorphosed to form

(a) Graphite (b) Quartz

(c) Granite (d) Marble

55. Rift valley is formed by

(a) Earthquake (b) Folding

(c) Faulting (d) All of these56. If a piece of ice at 00C is mixed with water at 00C, then

(a) Whole ice melts (b) Some ice melts

(c) No ice melts (d) Temperature decreases

57. Mettur Dam is built on the river

(a) Krishna (b) Cauvery

(c) Narmada (d) Mahanadi

58. Mahendra Giri peak is situated in the

(a) Eastern Ghats (b) Western Ghats

(c) Shiwaliks (d) Vindhyachal

59. In what time a sum will double itself at 20% per annum rate of interest?

(a) 2 years (b) 3 years(c) 4 years (d) 5 years

60. The famous Dilwara Temple is situated in

(a) Madhya Pradesh (b) Maharashtra

(c) Gujarat (d) Rajasthan

61. Pneumonia affects

(a) Lungs (b) Tongue

(c) Liver (d) Kidney

62. The chemical name of Vitamin A is


5/22

(a) Retinol (b) Jhiamin

(c) Biotic (d) Riboflavin

63. A 130m long train crosses a bridge in 30 seconds at 45 kmph. The length of the bridge is

(a) 200m (b) 225m

(c) 245m (d) 250m

64. By selling an article at some price a person gains 10%. If the article is sold at twice of the price, thegain percent will be

(a) 20% (b) 60%

(c) 100% (d) 120%

65. Atoms are electrically charged as

(a) Positive (b) Negative

(c) Bi-positive (d) Neutral

66. Ionic bond exists in

(a) Kcl (b) H2O

(c) NH3 (d) Cl3

67. Which force is required to increase the momentum of an object to 40 kg m/s in 5 seconds?

(a) 2N (b) 4N

(c) 8N (d) 10N

68. The river that does not form delta is

(a) Mahanadi (b) Tapti

(c) Krishna (d) Cauvery

69. The ratio of the redius and height of a cone is 5 : 12, respectively. Its volume is 23147cc. Find its slant

height.

(a) 13cm (b) 14cm

(c) 17cm (d) 26cm

70. 27 students took part in a debate of a college. What is the probability that at least 3 of them have their

birth days in the same month?

(a) 3/27 (b) 3/12

(c) 12 (d) 171. Who was the first winner of Dada Saheb Phalke Award?

(a) B.N.Sarkar (b) Prithvi Raj Kapoor

(c) Devika Rani (d) Kanan Devi

72. How many members are nominated by the President in the Rajya Sabha?

(a) 12 (b) 15

(c) 10 (d) 20

73. Who was the founder of Brahmo Samaj?

(a) Raja Rammohan Roy (b) Aurobindo Ghosh

(c) Vivekanand (d) Dyanand Saraswati

74. The Parliamentary System in India has been taken from

(a) America (b) Britain(c) Australia (d) Ireland

75. The electric supply in India was first started in

(a) Kolkata (b) Chennai

(c) Mumbai (d) Darjeeling

76. Bhatnagar Prize is given in the field of

(a) Peace (b) Music and dance

(c) Science & technology (d) Fine arts

77. Who discovered the solar system?


6/22

(a) Copernicus (b) Kepler

(c) Aryabhatta (d) Newton

78. The Nobel Prize in Economics was started in

(a) 1901 (b) 1936

(c) 1957 (d) 1967

79. In India, the second largest in(a) Bengali (b) Urdu

(c) Telugu (d) Marathi

80. The first Asian Games were held in

(a) Manila (b) Tokyo

(c) Jakarta (d) New Delhi

81. The Islam was established in

(a) 7th A.D. (b) 5th A.D.

(c) 3rd B.C. (d) 5th B.C.

82. The Olympic Games 2012 will be held in

(a) Moscow (b) Paris

(c) New York (d) London

83. The main factor of air pollution is

(a) Lead (b) Copper

(c) Zinc (d) Gold

84. The bauxite ore is found in

(a) Musabani (b) Karnapura

(c) Koderma (d) Palamu

85. The first fertilizer plant in India was established in

(a) Trombay (b) Nangal

(c) Alwaye (d) Sindri

86. Which of the following had strong navy?

(a) Bahmani (b) Chalukya

(c) Chola (d) Rashtrakuta87. The last king of Maurya Dynastry was

(a) Brihdarth (b) Kunal

(c) Samprati (d) Salishuk

88. How will the image formed by a convex lens be affected if the central part of the lens is covered by

black paper?

(a) Remaining part of the lens will form no image

(b) The central position of the image is absent

(c) There will be no effect

(d) The full image will be formed with lessened brightness

89. The force between two parallel wires conducting current is used to define

(a) Ampere (b) Coulomb(c) Volt (d) Newton

90. A body is thrown vertically upward and it reaches 10m high. Find the velocity with which the body was

thrown? (g = 9.8 m/s)

(a) 10 m/sec. (b) 18 m/sec.

(c) 14 m/sec. (d) 7 m/sec.

91. The buoyancy depends on the

(a) Depth of the fluid (b) Density of the fluid

(c) Volume of the fluid (d) Weight of the fluid


7/22

ANSWERS

1. (c) 2. (b) 3. (b) 4. (d) 5. (c) 6. (a) 7. (c) 8. (b) 9. (a) 10. (a) 11. (d) 12. (a)

13. (c) 14. (a) 15. (a) 16. (c) 17. (c) 18. (b) 19. (c) 20. (a) 21. (a) 22. (b) 23. (d)

24. (c) 25. (a) 26. (d) 27. (c) 28. (c) 29. (a & b) 30. (b) 31. (d) 32. (c) 33. (a) 34. (a)

35. (b) 36. (a) 37. (b) 38. (b) 39. (d) 40. (b) 41. (a) 42. (d) 43. (b) 44. (c) 45. (d) 46. (a)

47. (d) 48. (b) 49. (c) 50. (a) 51. (c) 52. (a) 53. (a) 54. (d) 55. (c) 56. (c) 57. (b) 58. (a)59. (d) 60. (d) 61. (a) 62. (a) 63. (c) 64. (d) 65. (d) 66. (a) 67. (c) 68. (b) 69. (a) 70. (c)

71. (c) 72. (a) 73. (a) 74. (b) 75. (d) 76. (c) 77. (a) 78. (d) 79. (c) 80. (d) 81. (a) 82. (d)

83. (a) 84. (d) 85. (d) 86. (c) 87. (a) 88. (d) 89. (a) 90. (c) 91. (b)

1. The minimum paid-up share capital for a public company shall be

(A) Rs. 1 lakh

(B) Rs. 2 lakhs

(C) Rs. 3 lakhs

(D) Rs. 5 lakhs

2. Internal activity of a company is going to be performed according to established

regulations. This assumption is provided as a right by

(A) Doctrine of Indoor Management

(B) Doctrine of Constructive Notice

(C) Doctrine of Ultravires

(D) Doctrine of Intravires

3. A public company can start its business operations after getting

(A) Certificate of Incorporation

(B) Minimum Subscription

(C) Certificate of Commencement of Business

(D) Permission of the Controller of Capital Issue

4. Under Section 275 of the Companies Act, 1956 a person can become director in

public company of not more than

(A) 5 companies

(B) 10 companies

(C) 15 companies

(D) 20 companies

5. Articles of Association can be altered by passing

(A) An ordinary resolution in Annual General Meeting

(B) A special resolution in Annual General Meeting

(C) A resolution with special notice

(D) Without any resolution


8/22

6. In case of Board Meetings the Quorum must be present

(A) At the commencement of the meeting

(B) At the termination of the meeting

(C) Throughout the meeting

(D) At the commencement and termination both

7. In a public company the minimum number for having a Quorum in a meeting is

(A) 2

(B) 3

(C) 5

(D) 7

8. The capital issues of public limited companies are subject to guidelines issued

by

(A) Reserve Bank of India

(B) Central Government

(C) Central Bank of India

(D) Securities & Exchange Board of India (SEBI)

9. Disinvestment of shares means

(A) To sale the shares of private company to public

(B) To sale the shares of public company to the public

(C) To sale the shares of Government company to the public

(D) To sale of shares by holding company to its subsidiary company

10. When the existing companies raise additional funds by issue of shares to the

existing shareholders in proportion to their existing shareholdings, it is called

(A) Buyback of shares(B) Issue of shares at premium

(C) Issue of shares at discount

(D) Right shares issue

11. Bombay Stock Exchange Sensex consists of script as on 31st March, 2005.

(A) 10

(B) 20

(C) 30

(D) 40

12. The basic aim of Securities and Exchange Board of India (SEBI) is to

(A) Develop an effective and efficient monitoring and control system for the Indian Capital

Market

(B) To help Bombay Stock Exchange only

(C) To help National Stock Exchange of India Ltd. only

(D) To help OTC Exchange of India only

13. Who is Father of Scientific Management ?

(A) Henry Fayol


9/22

(B) Elton Mayo

(C) Chester Bernard

(D) F. W. Taylor

14. Principle of Unity of Command means

(A) Unity of directions(B) To receive orders from one officer only

(C) A fixed place for every person

(D) Proper delegation to subordinates

15. Managerial Planning is a

(A) Middle Level Function

(B) Lower Level Function

(C) Top Level Function

(D) All Level Function

16. Organisation is the foundation of management. This statement is given by

(A) Henry Ford

(B) Haney

(C) Keeling

(D) Lansberry Fish

17. The number of subordinates a superior can effectively handle is called

(A) Cooperation

(B) Coordination

(C) Supervision

(D) Span of control

18. In Need Hierarchy Theory of Abraham H. Maslow, Self Actualisation needs are atlevel

(A) Lower level needs

(B) Middle level needs

(C) Higher level needs

(D) Highest level needs

19. Motivation Hygiene Theory was propounded by

(A) Abraham H. Maslow

(B) Fredrick Herzberg

(C) Peter F. Druker

(D) Argyris Chris

20. Carrot and Stick principle is given in Theory

(A) McGregor Theory X

(B) McGregor Theory Y

(C) William Ouchi Theory Z

(D) None of the above

21. Organisation is a Management Process by which people, functions and physical


10/22

factors are brought together to form a controllable unit. This definition is given by

(A) Haney

(B) Kelling B. Lewis

(C) Oliver Sheldon

(D) Cornell

22. Out of the following forms, which form of organisation is the oldest one ?

(A) Line and staff organisation

(B) Functional organisation

(C) Committee organisation

(D) Line organisation

23. A body of persons elected or appointed to meet on an organised basis for the

discussion and dealing of matters brought before it. It is called

(A) Functional organisation

(B) Formal organisation

(C) Committee organisation

(D) Informal organisation

24. Due to coordination

(A) There is a unity of order

(B) There is a unity of direction

(C) There is a leadership

(D) Employees are motivated

25. In Direction who is given importance ?

(A) To machines

(B) To paper work

(C) To man(D) To production

26. The Essence of Control is

(A) To take decision

(B) To take corrective action

(C) To make enquiry

(D) To motivate

27. An annual general meeting may be called after giving shorter notice instead of

21 clear days, if consent is accorded by

(A) All the directors of company(B) All the members entitled to vote there at

(C) Majority of members entitled to vote there all


28. The position of a Company Secretary is like that of a hub in a bicycle wheel.

This statement shows the

(A) Importance of Company Secretary

(B) Rights of Company Secretary


11/22

(C) Duties of Company Secretary

(D) Liabilities of Company Secretary

29. The first Secretary of the company is appointed by

(A) Shareholders

(B) Promoters(C) Government

(D) Directors

30. Appointment of full time Company Secretary is compulsory in all those

companies, whose paidup share capital is

(A) Rs. 50 lakhs or more

(B) Rs. 1 crore or more

(C) Rs. 2 crores or more

(D) Rs. 3 crores of more

31. A meeting of the shareholders held only once during the life time of the company

is known as

(A) Meeting of the Directors

(B) Meeting of the Creditors

(C) Extraordinary General Meeting

(D) Statutory Meeting

32. For calling the Extraordinary General Meeting a clear notice of days must

be given to all the members.

(A) 7

(B) 15

(C) 21

(D) 30

33. Appointment of a person who is a Director, as a Secretary in the Company would

require approval of the company by

(A) Special Resolution

(B) Ordinary Resolution

(C) Resolution by circulation


34. The first Stock Exchange in India was established in

(A) Calcutta

(B) Delhi(C) Bombay

(D) Madras

35. Blue Chips Shares mean

(A) Those shares which are listed in Stock Exchange

(B) Those shares whose guarantee is given by Government

(C) Those shares on whom dividend is paid at higher rate regularly

(D) Those shares which are issued at first time


12/22

36. FEMA stands for

(A) Foreign Exchange Management Act

(B) Funds Exchange Management Act

(C) Finance Enhancement Monetary Act

(D) Future Exchange Management Act

37. What of the following is false about W.T.O. ?

(A) It is the main organ for implementing the Multilateral Trade Agreement

(B) It is global in its membership

(C) It has far wider scope than GATT

(D) Only countries having more than prescribed level of total GDP can become its member

38. Convertibility of the rupee implies

(A) Being able to convert rupees notes into gold

(B) Allowing the value of the rupee to be fixed by marketforces

(C) Freely permitting the conversion of rupee to other major currencies and vice versa

(D) Developing an international market for currencies in India

39. has been founded to act as permanent watchdog on the international

trade.

(A) ISRD

(B) ADS

(C) WTO

(D) DIMF

40. Which of the following statement is correct ?

(A) The disinvestment programme has been successfully carried out in India

(B) Privatisation up to 100% has been carried out in all the PSU in India(C) Under strategic sale method of disinvestment, the government sells a major share to a

strategic partner


41. The present World Economic Depression first of all, started from which country ?

(A) U.S.A.

(B) U.K.

(C) France

(D) India

42. Which, institution is known as the Soft Loan Window of World Bank ?

(A) I.F.C. (International Financial Corporation)

(B) I.D.A. (International Development Association)

(C) I.M.F. (International Monetary Fund)

(D) Indian Development Forum

43. Which is not a insurable risk ?

(A) Accident Risk

(B) Loss of Crops Risk


13/22


14/22

2. 51. According to Balance Sheet equation concept, the capital will be

(A) Capital = Liabilities Assets

(B) Capital = Fixed Assets

Current Assests

(C) Capital = Assets Liabilities

(D) Capital = Assets + Liabilities

52. In common size Balance Sheet analysis we evaluate

(A) Increase or decrease over two years is analysed

(B) Only increase over two years is analysed

(C) Only decrease over two years is analysed

(D) All assets and liabilities are expressed in terms of percentage of total

53. Increase in fixed asset due to purchase is

(A) Source of fund

(B) Fund from operation

(C) Use of fund


54. For the purpose of preparation of fund flow statement, fund means

(A) Total resources

(B) Cash/bank balances

(C) Current Assets

(D) Working capital

55. The following data, relates to manufacturing company for the year 2006-07

Net Profit as per P & L A/cRs.2,40,000; DepreciationRs. 80,000; Goodwill

written-offRs. 40,000, Profit on Sale of Fixed AssetsRs.16,000, Proposed

DividendRs.96,000. The fund from operation would be

(A) Rs. 4,40,000

(B) Rs. 4,00,000

(C) Rs. 6,40,000


56. Total sales is Rs.7,60,000, cash sales Rs. 30,000 collection period is 25 days,

debtors at Balance Sheet date will be

(A) Rs. 80,000

(B) Rs. 70,000(C) Rs. 60,000

(D) Rs. 50,000

57. Price earning ratio is 8333% and E.P.S. is Rs. 30. The market price of equity

share will be

(A) Rs. 3333

(B) Rs. 6667


15/22

(C) Rs. 20

(D) Rs. 25

58. If the current ratio is 2, current assests are worth Rs.1,600, if current ratio is

not allowed to fall below 15, how much additional can be borrowed by the company

on the short term basis ?(A) Rs. 400

(B) Rs. 600

(C) Rs. 2,733

(D) Rs. 800

59. Rate of Gross Profit on cost is 25%. Total sales is Rs.1,00,000 and Average

Stock is Rs.1,60,000. Stock Turnover Ratio will be

(A) 05 times

(B) 08 times

(C) 010 times

(D) 04 times

60. Average stock of firm is Rs. 80,000, the opening stock is Rs.10,000 less than

closing stock. Find opening stock.

(A) Rs. 95,000

(B) Rs. 85,000

(C) Rs. 90,000

(D) Rs. 75,000

61. Current Ratio is 375, Acid Test Ratio is 125 Stock Rs. 3,75,000, calculate

working capital.

(A) Rs. 3,00,000

(B) Rs. 4,00,000

(C) Rs. 4,12,500

(D) Rs. 4,25,000

62. From the information given below, calculate Debt service coverage Ratio

Net profit after interest and Tax Rs. 40,000, Depreciation Rs.5,000, Rate of Income

Tax 50%, 10% Mortgage Debentures Rs.60,000. Fixed Interest Charges Rs.6,000,

Debenture Redemption Fund Appropriation of Outstanding Debentures 10%.

(A) 406 times

(B) 506 times(C) 606 times

(D) 706 times

63. Share premium account can be used for

(A) Paying tax liability

(B) Meeting the cost of issue of shares or debentures

(C) Paying Dividend on shares


16/22

(D) Meeting the loss on sale of old asset

64. Ploughing-back of profits means

(A) Dividend declared but not claimed by shareholders

(B) Non-declaration of dividend in any year

(C) Profits earned from illegal sources and employed in business(D) Retaining the earnings of business for future expansion programme

65. As per Schedule VI of the Companies Act, 1956, Forfeited Share Account will

be

(A) Added to paid up capital

(B) Deducted from called up capital

(C) Added to capital reserve

(D) Shown as a revenue reserve

66. A company invited application for subscription of5,000 shares. The application

were received for 6,000 shares. The shares were allotted on pro-rata basis. If X has

applied for 180 shares how many shares would be allotted to him ?

(A) 180 shares

(B) 200 shares

(C) 150 shares

(D) 175 shares

67. Consider the following information pertaining to K Ltd. on September 4, 2005,

the company issued 12,0007% debentures having a face value of Rs.100 each at a

discount of25%. On September 12, the company issued 25,000 preference shares

of Rs.100 each. On September 29, the company redeemed 30,000 preference shares

of Rs.100 each at a premium of5% together with one month dividend @ 6% p.a.

thereon. Bank balance on August 31, 2005 was Rs. 30,00,000. After effecting the

above transaction, the Bank Balance as on September 30, 2005 will be

(A) Rs. 35,15,000

(B) Rs. 33,80,000

(C) Rs. 33,45,000

(D) Rs. 35,05,000

68. The balance appearing in the books of a company at the end of year were CRR

A/c Rs.50,000, Security Premium Rs.5,000, Revaluation Reserve Rs.20,000, P& L

A/c (Dr) Rs.10,000. Maximum amount available for distribution of Bonus Share willbe

(A) Rs. 50,000

(B) Rs. 55,000

(C) Rs. 45,000

(D) Rs. 57,000

69. R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs.


17/22

4,00,000. The consideration was paid by issue of10%. Debenture of Rs.100 each at

a discount of20%. The debenture account will be credited by

(A) Rs. 4,00,000

(B) Rs. 5,00,000

(C) Rs. 3,20,000

(D) Rs. 4,80,000

70. Depletion method of depreciation is used in case of

(A) Cattle, Loose Tools, etc.

(B) Mines, Quarries, etc.

(C) Machinery, Building, etc.

(D) Books

71. V. V. Bros. purchased a machine on 1st October, 2003 at cost Rs.2,70,000 and

spent Rs. 30,000 on its installation. The firm written off depreciation 10% per

annum on original cost every year. The books are closed on 31st March every year.

The machine is sold on 30 September, 2006 for Rs.1,90,000. How much amount will

be transferred to P & L A/c as loss on sale of machinery ?

(A) Rs. 10,000

(B) Rs. 20,000

(C) Rs. 30,000

(D) Rs. 40,000

72. Accounting for Intangible Assets are related to

(A) AS 10

(B) AS 12

(C) AS 24

(D) AS 26

73. Indian Accounting Standard 28 is related to

(A) Accounting for taxes on income

(B) Financial Reporting of Interests in Joint Venture

(C) Impairment of Assets

(D) Provisions, Contingent Liabilities and Contingent Assets

74. Recording of capital contributed by the owner as liability ensures the adherence

of principle of

(A) Consistency(B) Going concern

(C) Separate entity

(D) Materiality

75. A company made the purchases of an item during its financial year.

January 2007 200 @ Rs. 50 each

May 2007 400 @ Rs. 60 each


18/22

August 2007 600 @ Rs. 70 each

Novem- 2007 300 @ Rs. 80 each ber

Closing inventories were 500 articles. Find out the value of closing stock as per Weighted

Average Method

(A) 33,33333

(B) 16,66666(C) 66,66667

(D) 96,66666

76. A fire occurred in the premises of M Ltd. on 30th September, 2007. The stock

was destroyed except to the extent of Rs.10,000. From the information given below,

calculate the value of stock burnt by fire on 30th September, 2007. Stock on 1st

April 2006, Rs.90,000, Purchases less returns during 2006-0710,00,000, Sales

less returns during 2006-07, 15,00,000; Stock on 31st March, 20071,80,000,

Purchases less returns from 1st April 2007 to 30th September 2007, 7,00,000. Sales

less returns from 1st April, 2007 to 30th September 2007, 10,00,000.

It was the practice of the company to value stock less 10%

(A) 3,00,000

(B) 2,90,000

(C) 1,90,000

(D) 2,80,000

77. Social Accounting means

(A) Accounting for social benefits and social costs

(B) Accounting for Government Revenue & Govt. Cost

(C) Accounting for private revenue and private cost


78. It is given that cost of stock is Rs.100. However, its market price is Rs.98

(buying) and Rs.140 (selling). If the market price is interpreted as the replacement

cost, then the stock should be valued at

(A) Rs. 98

(B) Rs. 100

(C) Rs. 140

(D) Rs. 40

79. If the goods purchased are in transit, then the Journal Entry at the end of the

period will be(A) Goods in Transit A/c Dr. To Suppliers A/c

(B) Goods in transit A/c Dr. To Purchases A/c

(C) Stock A/c Dr. To Goods in Transit A/c

(D) Suppliers A/c Dr. To Goods in Transit

80. Calculate Return on Investment/ Return on Proprietors fund. Gross profit of a

firm is Rs. 3,20,000, Operating expenses Rs.1,00,000, Taxes Rs.20,000, Owners


19/22

fund Rs.5,00,000, Debenture Interest Rs.50,000

(A) 20%

(B) 30%

(C) 40%

(D) 50%

81. The following figures are presented to you

Year Sales Profit/Loss

1999 Rs. 1,00,000Rs. 10,000 (Loss)

2000 Rs. 2,50,000 Rs. 20,000 (Profit)

Calculate Profit Volume Ratio.

(A) 5%

(B) 10%

(C) 15%

(D) 20%

82. The following particulars relate to manufacturing factory for the month of March

2008. Variable cost per unit Rs.11; Fixed factory overhead Rs.5,40,000; Fixed

selling overhead Rs.2,52,000; Variable selling cost Rs. 3; Sales Price per unit Rs.20.

Find out the Break-Even Point in rupees

(A) Rs. 26,40,000

(B) Rs. 30,80,000

(C) Rs. 25,20,000

(D) Rs. 27,40,000

83. The following information is obtained from the records of K Co. Ltd.

Sales (1,00,000 units) Rs. 1,00,000

Variable cost Rs. 40,000

Fixed cost Rs. 30,000

Find out margin of safety.

(A) Rs. 20,000

(B) Rs. 25,000

(C) Rs. 30,000

(D) Rs. 50,000

84. A manufacturer is operating at 50% of its capacity, due to competition. The

following are the details. Raw materials Rs.6 per unit, Direct LabourRs. 4 per unit.

variable overhead Rs. 3 per unit, fixed overhead Rs.2 per unit, output 15,000units, total cost Rs.2,25,000, sales value Rs.2,10,000, loss Rs.15,000. A foreign

customer wants to buy 6,000 units at Rs.1350 per unit and the company does not

know whether to accept or not as it is suffering losses at the current level. Advise

what he should do ?

(A) Accept the offer

(B) Reject the offer

(C) Remains indifferent


20/22


86. The following data are provided to you.

Fixed cost Rs. 20,000; Selling price per unit Rs. 25, Variable cost per unit Rs. 20. Find

out selling price per unit if B.E.P. is brought down to 2,000 units.

(A) Rs. 30(B) Rs. 40

(C) Rs. 50

(D) Rs. 60

87. Among the following which is not an error of commission ?

(A) Wrong totalling

(B) Recording with wrong amount

(C) Wrong posting

(D) Escape from posting

88. Internal check means

(A) Checking of accounts by cashier

(B) Checking of accounts by the Internal Auditor

(C) Checking the work of one person by another automatically

(D) Managerial control internally over the subordinates

89. Verification includes

(A) Valuation

(B) Existence

(C) Ownership & Title

(D) All of the above

90. By whom from the following, auditor can be reappointed ?

(A) Directors

(B) Shareholders

(C) Central Government


91. Auditor shall be punished with imprisonment for a maximum period of

under Section 539 for falsification in the books of accounts.

(A) 3 years

(B) 5 years(C) 7 years

(D) 9 years

92. Auditor is not an insurer. In which of the following cases, the decision has

been given ?

(A) The Kingston Cotton Mills Co. Ltd. (1986)

(B) London & General Bank (1895)


21/22

(C) Allen Craig & Co. Ltd. (1934)

(D) Irish Woollen Co. Ltd.

93. The Section 80A of the Companies Act is related with the redemption of

(A) Debentures

(B) Redeemable preference shares(C) Irredeemable preference shares


94. Company Auditor is responsible

(A) For directors

(B) For shareholders

(C) For public

(D) For creditors

95. In Balance Sheet, Audit Accounts are audited

(A) Monthly

(B) Bi-monthly

(C) Annually or half yearly

(D) Quarterly

96. Audit adopted by banking company is

(A) Continuous Audit

(B) Periodical Audit

(C) Internal Audit

(D) Balance Sheet Audit

97. Which of the following have lien of Company Auditor ?

(A) Books of Accounts of the Company

(B) Vouchers of the Company

(C) Auditors working paper


98. To appoint new auditor in place of retiring auditor, to adopt the procedure, which

section of Companies Act, 1956 is applicable ?

(A) 223

(B) 224

(C) 225(D) 226

99. A company has a separate legal existence from its members . This principle was

first laid down in case of

(A) Saloman Vs. Saloman& Co. Ltd. (1897)

(B) Daimler Co. Ltd. Vs. Continental Tyre& Rubber Co. (1916)

(C) State of U. P. Vs. RenuSagar Power Co. (1991)


22/22

(D) Santunu Roy Vs. Union of India (1989)

100. According to ownership, Government Company means share.

(A) Whose paid-up share capitals 48%, shares are owned by Government

(B) Whose paid-up share capitals 49% shares are owned by Government

(C) Whose paid-up share capitals 50% shares are owned by Government(D) Whose paid-up share capitals 51% shares are owned by Government

3. ANSWER

4. 1:(D), 1:(A), 3. 4. c, 5. b, 6.a, 7. c, 8.d.9. b.10.d, 11. c, 12.a, 13.d 14. b 15. d, 16. a,

17. d, 18.a, 19. b, 20. c, 21. c, 22. d, 23. c, 24. a, 25. c, 26. b, 27. b, 28 a, 29. 30. c,

31. d, 32. c. 33.a 34. c, 35. c, 36. a, 37. d, 38. c, 39. c, 40. c, 41. a, 42. b, 43. c, 44. b,

45. c, 46. a, 47. d, 48. c, 49. d, 50. c, 51. c, 52. d, 53. c, 54. d, 55. d 56. d, 57. d, 58.

a,59. a,

60. d,

61. c,

62. a

63. b,

64. d,

65. b,

66. c,

67. a,

68.b,

69. a,

70. b,

71. b,

72.

d, 73. c, 74. c 75 a, 76. b 77. a, 78. a, 79. b, 80. b 81. d 82. c, 83. d, 84. b, 85. c, 86. c

87. d, 88. c, 89. d, 90. d, 91. c, 92. c 93. c 94. b, 95. c 96. a 97. c 98. b 99. a 100. d

Documents

General Knowldege