51. Franking Machine is a—
A Duplicating machine
B Dictating machine
C Calculating machine
D Mailing machine
A Duplicating machine
B Dictating machine
C Calculating machine
D Mailing machine
52. Given: Current Ratio = 3: 1
Quick Ratio = 1:
Current Liabilities = Rs. 30, 000
What is the value of stock in trade?
A Rs. 45,000
B Rs. 60,000
C Rs. 90,000
D Rs. 50,000
Quick Ratio = 1:
Current Liabilities = Rs. 30, 000
What is the value of stock in trade?
A Rs. 45,000
B Rs. 60,000
C Rs. 90,000
D Rs. 50,000
53. When a supervisor is re designated as section officer under the need hierarchy theory of motivation, it satisfied—
A Social needs
B Esteem needs
C Seif-actualisation needs
D Economic needs
A Social needs
B Esteem needs
C Seif-actualisation needs
D Economic needs
54. Principle of indemnity does not apply to—
A Life insurance
B Fire insurance
C Marine insurance
D Theft insurance
A Life insurance
B Fire insurance
C Marine insurance
D Theft insurance
55. Cash sales are recorded in—
A Cash Book
B Sales Book
C Journal
D Ledger
A Cash Book
B Sales Book
C Journal
D Ledger
56. Which one of the following is not a capital market instrument?
A Debentures
B Shares
C Public Sector Bonds
D Treasury Bills
A Debentures
B Shares
C Public Sector Bonds
D Treasury Bills
57. Fixed Cost is known as—
A Special cost
B Direct cost
C Prime cost
D Overhead cost
A Special cost
B Direct cost
C Prime cost
D Overhead cost
58. Demand for electricity is—
A Inelastic
B ElasticC Less elastic
D None of the above
A Inelastic
B ElasticC Less elastic
D None of the above
59. The second largest agro-based industry in India is—
A Sugar industry
B Textile industry
C Food processing industry
D Poultry
A Sugar industry
B Textile industry
C Food processing industry
D Poultry
60. Which of the following banks is known as lender of last resort?
A SBI
B RBI
C NABARD
D IDBI
A SBI
B RBI
C NABARD
D IDBI
61. The primary objective of India’s monetary policy has been—
AMaintenance of price stabilityBGranting more autonomy to the RBI
CPurchasing and selling of Govt. securities
DFinancing unlimited deficit of the Central Govt.
AMaintenance of price stabilityBGranting more autonomy to the RBI
CPurchasing and selling of Govt. securities
DFinancing unlimited deficit of the Central Govt.
62. Which of the following has always remained in focus as the main objective of India’s Five Year Plans?
A Poverty
B Removal of unemployment
C Economic growthD Reduction in income inequities
A Poverty
B Removal of unemployment
C Economic growthD Reduction in income inequities
63. Finance Commission is constituted every—
A Three years
B Six years
C Four years
D Five years
A Three years
B Six years
C Four years
D Five years
64. Which of the following is not a calculating national income?
A Income method
B Export-Import method
C Production method
D Expenditure method
A Income method
B Export-Import method
C Production method
D Expenditure method
65. Trade Credit is source of—
A Short-term finance
B Medium-term finance
C Long-term finance
D None of the above
A Short-term finance
B Medium-term finance
C Long-term finance
D None of the above
66. Fiscal Policy is related to—
A Issue of currency
B Credit creation
C Public revenue and expenditureD All of the above
A Issue of currency
B Credit creation
C Public revenue and expenditureD All of the above
67. SIDO is related to the development of—
A Small industriesB Soap industries
C Software industry
D Sugar industry
A Small industriesB Soap industries
C Software industry
D Sugar industry
68. The world’s largest private employer is—
A Ford Motors
B Suzuki
C General Motors
D General Electric
A Ford Motors
B Suzuki
C General Motors
D General Electric
69. ‘Street’ is a motorcycle brand of —
A Escorts Ltd.
B Bajaj Auto
C Hero Honda Motors
D TVS Suzuki
A Escorts Ltd.
B Bajaj Auto
C Hero Honda Motors
D TVS Suzuki
70. The word ‘MODVAT’ is associated with—
A Medical Science
B Judiciary
C Banking
D Taxation
A Medical Science
B Judiciary
C Banking
D Taxation
71. Fishing has been classified as—
A Extractive industryB Genetic industry
C Manufacturing industry
D None of these
A Extractive industryB Genetic industry
C Manufacturing industry
D None of these
72. Which of the following is the top administrative organ of the company?
A Shareholders
B Managing Director
C General Manager
D Board of Directors
A Shareholders
B Managing Director
C General Manager
D Board of Directors
73. The founder of modern scientific management
A Henry Fayol
B McFarland
C F. W. Taylor
D Dickinson
A Henry Fayol
B McFarland
C F. W. Taylor
D Dickinson
74. The importer can not take delivery of goods unless he produces the—
A Bill of Sight
B Bill of Lading
C Shipping Bill
D Certificate of Origin
A Bill of Sight
B Bill of Lading
C Shipping Bill
D Certificate of Origin
75. A statutory meeting requires a notice of at least—
A 7 days
B 4days
C 21 days
D 30 days amount of depreciation
A 7 days
B 4days
C 21 days
D 30 days amount of depreciation
76. In which method decreases every year—
A Straight line method
B Sum of years digit method
C Annuity method
D Sinking fund method is—
A Straight line method
B Sum of years digit method
C Annuity method
D Sinking fund method is—
77. Under the Companies Act, a company must have—
ABoard of Directors
BManaging Director
CManager
DAll of these
ABoard of Directors
BManaging Director
CManager
DAll of these
78. the most importer clause in the Memorandum of Association of a company is—
A Name Clause
B Objects Clause
C Registered Office Clause
D Liability Clause
A Name Clause
B Objects Clause
C Registered Office Clause
D Liability Clause
79. Trading A/c is a—
A Personal A/c
B Real A/c
C Nominal A/cD All of the above
A Personal A/c
B Real A/c
C Nominal A/cD All of the above
80. Working of a Stock Exchange is governed by—
A Govt. of India
B Controller of Capital Issue
C Governing Board of that Stock Exchange
D Finance Minister
A Govt. of India
B Controller of Capital Issue
C Governing Board of that Stock Exchange
D Finance Minister
81. Internal audit helps in—
A Internal check
B Audit in depth
C Statutory audit
D Internal control
A Internal check
B Audit in depth
C Statutory audit
D Internal control
82. Day-today cash transactions of a club are recorded in—
A Receipts and Payments A/c
B Income and Expenditure A/c
C Cash Book
D Journal
A Receipts and Payments A/c
B Income and Expenditure A/c
C Cash Book
D Journal
83. An entry of Rs, 320 has been debited to Rajesh’s account, as Rs. 230. It is an error of—
A CommissionB Omission
C Principle
D None of these
A CommissionB Omission
C Principle
D None of these
84. An expense of Rs. 200 on cartage of a new machine purchased should be debited to—
A Cash A/c
B Machine Alc
C Cartage A/c
D None of these
A Cash A/c
B Machine Alc
C Cartage A/c
D None of these
85. A customer’s cheque returned dishonored is recorded in—
A Purchase Return Book
B Sales Return Book
C Cash BookD Journal
A Purchase Return Book
B Sales Return Book
C Cash BookD Journal
86. Machinery purchased on account is recorded in—
A Purchase Book
B Cash BookC Journal
D Ledger
A Purchase Book
B Cash BookC Journal
D Ledger
87. Prepaid Insurance Account
A An expense
B A revenue
C An assetD None of the above
A An expense
B A revenue
C An assetD None of the above
88. The credit balance in the bank account is—
A An assetB A liability
C A capital
D A revenue
A An assetB A liability
C A capital
D A revenue
89. Stock Exchange deals with—
A Second hand securitiesB Issue of equity shares
C Issue of preference shares
D Issue of debentures
A Second hand securitiesB Issue of equity shares
C Issue of preference shares
D Issue of debentures
90. A Public Corporation is created by—
A Ministry of Finance
B Ministry of Industry
C Special Act of Parliament
D Ministry of Corporation
A Ministry of Finance
B Ministry of Industry
C Special Act of Parliament
D Ministry of Corporation
91. Chamber of Commerce is a form of—
A Trade Association
B Federation
C Merger
D Consolidation
A Trade Association
B Federation
C Merger
D Consolidation
92. Experts or specialists are attached to managers in—
A Line Organization
B Line and Staff Organization
C Functional Organization
D None of these
A Line Organization
B Line and Staff Organization
C Functional Organization
D None of these
93. When dividend is declared, it must be paid within—
A 30 days
B 42 days
C 45 days
D 60 days
A 30 days
B 42 days
C 45 days
D 60 days
94. Management is—
A An Art
B A Science
C An Art as well as a ScienceD None of these
A An Art
B A Science
C An Art as well as a ScienceD None of these
95. ‘Esprit de corps’ principle of management states that—
A There is need for team-workBLabor turnover should be minimized
CDiscipline should be maintained
DThere should be only one superior for each subordinate
A There is need for team-workBLabor turnover should be minimized
CDiscipline should be maintained
DThere should be only one superior for each subordinate
96. Which theory of motivation assumes that average human being dislike work?
A Theory ‘X’B Theory ‘Y’
C Maslow’s theory
D Equity theory
A Theory ‘X’B Theory ‘Y’
C Maslow’s theory
D Equity theory
97. the most rigorous test of liquidity is—
A Current ratio
B Acid test ratio
C Stock turnover ratio
D Debtors turnover ratio
A Current ratio
B Acid test ratio
C Stock turnover ratio
D Debtors turnover ratio
98. Which of the following is a Public corporation?
A TISCO
B TELCO
C ONGC
D DCM
A TISCO
B TELCO
C ONGC
D DCM
99. Which of the following assets floes not depreciate?
A Machinery and equipments
B Patents
C Land
D Furniture
A Machinery and equipments
B Patents
C Land
D Furniture
100. Of the following organizations, the easiest to wind up is the—
A Public Ltd. Company
B Multinational Corporation
C Private Ltd. Company
D Partnership Firm
A Public Ltd. Company
B Multinational Corporation
C Private Ltd. Company
D Partnership Firm
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