Explore topic-wise InterviewSolutions in Current Affairs.

1. five

2. thirty

3. scarcity

4. knew

5. a very high rate

6. a half-rupee coin

He lay buried under a heap of rice bags.

(i) This was shown by the help of fossil records of  Homo Erectus according to which their cranial capacity had doubled. Homo Erectus was the first to leave, Africa and spread through Africa, Asia, and Europe. One population of H. erectus, stayed in Africa and evolved into Homo sapiens.

(ii) This implies that from the beginning of life on earth, the inheritance, of the trait, is going on, that results in the production of existing animals that look similar to their ancestors because they have inherited traits from them and these traits that make them similar to their ancestors have not gone under evolutionary change.

(a) peer pressure

Correct answer is (c) empathy

The ‘untutored genius’ who created ‘paradise’ was Nek Chand, an 80-year-old creator- director who made the world famous rock garden at Chandigarh. His was an ‘outsider art’ in which he sculpted with stone and recycled materials. He used anything and everything from a tin to a sink to a broken down car to form an artistic piece. One of his famous creations are ‘Women by the Waterfall’.

(1) The meaning of ‘head is held high’ means ‘one feeling proud of oneself’ or ‘lead life in the high esteem’.

(2) The last line of the stanza conveys that one should strive/work very hard to achieve perfection. In this line Tagore has conveyed ‘significance of labour’.

Correct option is (d) a saintly

(i) The source is scorched and choked in sun and air.

(ii) It is scorched and choked to kill.

It is done implies that the tree is dead and that there is no chance of regrowth since its root has been completely pulled out.

The poet compares ‘reason’ to ‘a clear stream’. Here ‘clear stream’ is a metaphor. It stands for free flow of unrestricted thought. The poet says that people’s mind should be led by the power of reasoning to be focused on the future by applying scientific thought and action.

And ‘dead habits’ are compared to agelong traditions and superstitions. Unless man discards them, he would not avail anything new and will not be out of fear.

The poet wished to see the following qualities in his countrymen:

Fearlessness, Feeling Confident about himself having a proud feeling of self-respect, truthful,tirelessly diligent striving towards perfection, having rational thinking, having unrestricted thinking – free from traditions and superstitions, having progressive thoughts and actions.

The roots were roped, tied and pulled out entirely from the anchoring earth.

1. d. She saw a cow lying dead by the roadside which changed her mood while going back home.

2. a. Valli was a kind, compassionate, self-conjdent, nature-loving and friendly girl.

3. b. On her return journey, Valli saw a dead cow lying in the middle of the road which made Valli sad and depressed.

4. c. It had been struck by a fast-moving vehicle.

5. d. She greeted everything with the same excitement she'd felt the first time.

(1) → (d), (2) → (e), (3) → (a), (4) → (h), (5) → (b), (6) → (c), (7) → (i), (8) → (g), (9) → (f).

The poet conveys that if our mind is full of fear, we can never have self-respect i.e., a ‘feeling of pride’ in ourselves. The head is bowed down because of oppression and exploitation. But every citizen should be made free to walk upright holding our head high.

The meaning of the words ‘ever-widening thought and action’ is ‘unceasing thinking and untiring work’. The poet asks for blessings from God to lead forward his mind that never stops thinking and goes ahead unstoppably carrying out actions.

DNA finger printing

(1) in spite of 

(2) holding on 

(3) again and again 

(4) stands for

Correct option is (d) Income – Expense

Correct option is (b) Cash receipts and payments

Correct option is (a) Only cash transactions

Correct option is (d) Cash discount

Correct option is (c) Three

In bank column of cash book, if the total of receipt column is more than the total of payment column, the difference is called bank balance.

Correct option is (c) Account

Petty cash book can be prepared in two ways :

1. Simple petty cash book and
2. Petty cash book on imprest system.

The structure / format of cash book is like a ledger account.

Correct option is (c) Discount

Correct option is (d) Cash book

In bank column of cash book, if the total of payment column is more than the total of receipt column, the difference is called Bank overdraft.

There are three types of two columnar cash book :

1. Cash and discount columnar cash book,
2. Cash and bank columnar cash book and
3. Bank and discount columnar cash book.

Correct option is (b) Bank book

Correct option is (c) Cash and Bank accounts

The structure of the Bank book is exactly like the cash book.

Correct option is (c) Bank overdraft

Correct option is (b) Three

Correct option is (c) Discount

Correct option is (b) Recording sundry expenses

A petty cash book is maintanied to have effective control over cash balance and cash payments and to record systematically repetitive transactions involving small expenses in a separate cash book.

Pass book is an abstract of the trader’s ledger account in the books of the bank.

Discount allowed is recorded on debit side and discount received is recorded on credit side of the cash book.

With the help of following ratios, efficiency is measured.

• Stock Turnover
• working capital turnover
• Debtors turnover
• Creditors turnover.

Following are the objectives of ratio analysis.

1. To know profitability status of the entity: In accounting, the profitability of the business can be measured by applying the ratio analysis in different forms.

2. For financial statement analysis: Ratio analysis works as indicator to the users of financial statements. Different stakeholders undertake analysis of profit and loss statements and balance sheet. I make this analysis meaningful and useful ratio analysis is used.

3. To know the liquidity status of the entity: The liquidity ratio explains the capacity to meet short term liabilities of the entity. From the liquidity, short term solvency of the business can be measured.

4. To know operating efficiency of business entity: Different types of assets are acquired by the business entity, for measurement of effective and efficient use of assets, ratio analysis is useful. For this turnover ratio is used.

5. For forecasting: The trend of respective items can be seen by ratio analysis. This trend can be useful to the company to undertake planning and forecast.

6. The information about weak aspects: There may be overall good results of the business entity. Out of different aspects like profitability, liquidity, solvency or efficiency, there may be weak performance of anyone aspects and good performance of other aspects. By ratio analysis, each aspect is evaluated personally. So the information for weak aspects can be obtained and necessary remedies can be undertaken.

The higher debtors turnover ratio shows higher collection efficiency and lower investment in debtors and bills receivables.

Correct option is (A) Stock

No, in order to arrive at trade receivable bad debts reserve will not be deducted from debtors.

The left side of the cash book is known as Debit side or Receipt side.

When the changes in stock is positive then it will be added to cost of goods sold.

From total assets to debt ratio we can ascertained that out of total assets, what proportion of total assets is acquired through non-current liabilities.