Explore topic-wise InterviewSolutions in Current Affairs.

Correct option is B) Liquid

Answer:

1. Answer: (b) absolute

Explanation: Principles of management are not absolute. They are just the guidelines for the decision making in the course of management. That is, principles of management are not applied as it is in the real business situations rather they need to be modified by the manager as per the situation and the requirement.

2. Answer: (b) general guidelines

Explanation: Principles of management are general guidelines, which can be used for conduct in work places under certain situations.

3. Answer: (b) situation-bound

Explanation: The principles of management provide the managers with         useful insights into real life situations. The principles add manager's knowledge, ability and understanding of managerial situations and circumstances which helps them to solve problems quickly and increase managerial efficiency.

4. Answer: (d) optimum utilisation of resources

Explanation: The principles of management are significant because of. Ans: Optimum utilisation of resources entails employing the limited resources (such as capital and labour) to their best possible usage so that maximum benefit can be derived with minimum possible cost.

5. Answer: (a) Functional foremanship

Explanation: Functional Foremanship is not a principle of management rather it is a technique of scientific management as given by Taylor. It comprises of the methods or steps to be taken to achieve a desired goal.

6. Answer: (b) Method Study

Explanation: The technique that is being described in the given sentence is ‘Method Study’. According to the ‘Method Study’ there is always a ‘one best way’ to complete any task. Every task can be performed via best method to gain efficiency. The basic purpose of this study is to reduce the costs to its minimal and increase the productivity to its maximum. Time study Motion study and Fatigue study aims at standardising the time limits eliminating the unwanted actions and deciding the break limits respectively.

7. Answer: (a) superiors and subordinates.

Explanation: “Unity of command means one employee getting orders and instructions from one supervisor”. True; in unity of command, one employee gets orders/instructions from only one supervisor.

8. Answer: (a) communication

Explanation: Gang plank refers to an arrangement in which two managers working at the same level can communicate with each other directly for quick communication.

9. Answer: (a) Pure Science

Explanation: Satinder finds the principles of management different from those of pure science because the management principles are not as rigid as principles of pure science. This is due to the fact that they deal with the human behavior and thus, need to be applied creatively in the light of given situation.

10. Answer: (b) Centralisation

Explanation: Centralisation or ce     ntralization (see spelling differences) is the process by which the activities of an organisation, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group.

11. Answer: (d) Discipline

Explanation: The principle of management which requires judicious application of penalties by management is Discipline.

12. Answer: (c) Order

Explanation: In the principles of management Henry Fayol defines principle of order as follows, a right person should be placed at the right job and a right thing should be placed at the right place. A company should maintain a well-defined work order to have a favourable work culture.

13. Answer: (b) Esprit de corps

Explanation: Fayol's principle of 'esprit de corps' suggests that management should promote a team spirit of unity and harmony among the employees.

14. Answer: (c) The principles of management are in the continuous process of evolution.

Explanation: Principles of Management are said to be evolutionary in nature as these principles have evolved over a long period of time with continuous practice and experimentation

15. Answer: (c) Creative

Explanation: Because they are applied in an absolute or in a static manner.

16. Answer: (b) Science, not rule of thumb

Explanation: Taylor believes that there was only one method to maximize efficiency which can be developed to study and analysis.

17. Answer: (d) All of the above

Explanation: The concept of work study includes time study, motion study, fatigue study and method study.

18. Answer: (c) Standardisation and simplification of work

Explanation: Through the technique of simplification, Taylor suggested elimination of unnecessary diversity of products.

19. Answer: (c) Division of work

Explanation: The application of principle of division of work enables an employee to gain proficiency in work by doing it repetitively over a period of time.

20. Answer: (b) Authority and responsibility

Explanation: Through the principle of authority and responsibility, Taylor advocated that there should always be a balance between the authority granted and the • responsibility entrusted to an employee.

21. Answer: (a) Stability of personnel

Explanation: According to Fayol, due care should be taken while carrying out the recruitment and selection process and the new recruits should be placed at a particular position for a sufficient tenure.

22. Answer: (c) F W Taylor

Explanation: F.W. Taylor was born in 1856 in U.S.A. He became famous as a father of scientific management. He emphasized on adoption of scientific methods to the problems of management. Along with four principles of scientific management he also developed some scientific techniques. 

23. Answer: (c) Direct contact 

Explanation: Gang-plank is the technique of shortening the route of communication which is usually followed through all channel of hierarchy. Fayol suggested that in case of urgencies, by jumping the prescribed line of authority, these officials could deal with one another at one sitting and sort out several problems quickly.

24. Answer: (d) Scalar chain

Explanation: Motion study aims to reduce the time wasted in moving around to complete a task. Fatigue study focuses on including rests hours, breaks and method study finds the optimal way to achieve targets.

25. Answer: (a) 14

Explanation: Fayol's book – and his 14 Principles of Management – helped to form what became known as Administrative Theory. It looks at the organization from the top down, and sets out steps for managers to get the best from employees and to run a business efficiently.

 Class 12 Business Studies MCQ Questions of Principles of Management with Answers are prepared based on the important concepts and topics given in the textbook as per new exam pattern as announced by CBSE. Students also can take a free test of the Multiple Choice Questions of Class 12 Business Studies. Each question has four options followed by the right answer.

Students are recommended to go through and practice the Multiple Choice Questions of Class 12 on a regular basis to score well. This may assist you to understand and check your knowledge about the chapters. These MCQ Questions are very important for students who want to Score well in the examinations.

1. Principles of management are not

(a) behavioural
(b) absolute
(c) universal
(d) flexible

2. Principles of management provide

(a) readymade solutions to problems
(b) general guidelines
(c) methods and procedures
(d) rules and regulations

3. Management principles differ from pure science principles because management principles are

(a) vague
(b) situation-bound
(c) rigid
(d) easy to learn

4. Principles of management are significant because these result in

(a) taking initiative
(b) adapting to new technology
(c) employee satisfaction
(d) optimum utilisation of resources

5. Which one of the following is not a principle of scientific management?

(a) Functional foremanship
(b) Development of personnel
(c) Harmony, not discord
(d) Maximum, not restricted output

6. Management should find ‘one best way’ to perform a task. Which technique of scientific management is defined in this sentence?

(a) Time Study
(b) Method Study
(c) Fatigue Study
(d) Motion Study

7. Unity of command is related to

(a) superiors and subordinates
(b) management and workers
(c) planned actions
(d) cooperation among employees

8. Gang plank is related to

(a) communication
(b) motivation
(c) supervision of workers
(d) incentives to workers 

9. Management principles are flexible whereas ___ principles are rigid.

(a) Pure Science
(b) Employment
(c) Scientific Management
(d) Art

10. ___ denotes concentration of authority at the top level.

(a) Decentralisation
(b) Centralisation
(c) Coordination
(d) Delegation

11.  ..........principle of management puts emphasis on judicious application of penalties by the management.

(a) Esprit de corps  
(b) Order
(c) Division of work
(d) Discipline

12. ......principle of management states that there should be a place for everything and everything should be in its place.

(a) Equity
(b) Discipline
(c) Order
(d) Esprit de corps

13. .........involves harmony and team spirit among employees.

(a) Discipline
(b) Esprit de corps
(c) Order
(d) Standardisation

14. Which of the following statements is true with reference to principles of management?

(a) The principles of management have evolved.
(b) The principles of management are yet to be evolved.
(c) The principles of management are in the continuous process of evolution.
(d) None of the above

15. The principles of pure science is considered to be _________ in nature.

(a) Flexible
(b) Rigid
(c) Creative
(d) None of the above

16. According to Taylor, “even a small production activity like loading figures of iron into boxes can be scientifically planned and managed. This can result in tremendous savings of human energy as well as wastage of time and materials.” Identify the related principle of scientific management.

(a) Harmony, not discord
(b) Science, not rule of thumb
(c) Development of each and every person to get his/her greatest efficiency and prosperity
(d) None of the above

17. The concept of Work Study techniques includes

(a) Time study
(b) Motion study
(c) Fatigue study
(d) All of the above

18. The objective of this technique of scientific management is to reduce a given line or a product to fixed type sizes and characteristics. Name the technique.

(a) Method study
(b) Differential piece wage system
(c) Standardisation and simplification of work
(d) Functional foremanship

19. The application of this principle of management leads to higher production and better work for the same effort. Identify the related principle of general management.

(a) Discipline
(b) Equity
(c) Division of work
(d) Order

20. According to this principle of general management, “an organisation should safeguard against abuse of managerial power, but at the same time a manager should have the necessary authority to carry out his responsibility.” Name the principle of management being described in the given statement.

(a) Discipline
(b) Authority and responsibility
(c) Unity of command
(d) Unity of direction

21. Which principle of general management advocates that, “Employee turnover should be minimised to maintain organisational efficiency.”?

(a) Stability of personnel
(b) Remuneration of employees
(c) Equity
(d) Esprit De Corps

22. Who is the considered as the father of Scientific Management?

(a)  Henry Fayol
(b)  Gilberth
(c)  F W Taylor
(d)  Harold Koontz

23. Gang plank is concerned about ______________

(a)  Contact not allowed
(b)  Indirect contact
(c)  Direct contact
(d)  Contact before application

24. Which of the following is not considered with F W Taylor?

(a)  Method Study
(b)  Motion Study
(c)  Time Study
(d)  Scalar chain

25. How many principles are given by Henry Fayol

(a) 14
(b) 20
(c) 18
(d) 16

These multiple-choice questions have been arranged depending on the most recent NCERT book for Class 12 Accountancy. Students ought to allude to MCQ Questions for Class 12 Accountancy with Answers to score more checks in the class 12 Accountancy exams. The Class 12 MCQ Questions of Issue of Shares with Answers have been arranged according to the most recent syllabus, assessment pattern proposed by CBSE. 

Multiple-choice Questions with Answers can assist you with practicing and improve marks in tests and know your degree of readiness. Understudies should peruse the part Accounting for Share Capital and afterward endeavor the accompanying target questions. Understudies should peruse the section Accounting for Share Capital and a

1. A company has ……………

(A) Separate Legal Entity
(B) Perpetual Existence
(C) Limited Liability
(D) All of the Above

2. Shareholders are :

(A) Customers of the Company
(B) Owners of the Company
(C) Creditors of the Company
(D) None of these

3. Who are the real owners of a company?

(A) Government
(B) Board of Directors
(C) Equity shareholders
(D) Debenture holders

4. A Company is created by :

(A) Special act of the Parliament
(B) Companies Act
(C) Investors
(D) Members

5. An artificial person created by Law is called :

(A) Sole Trader ship
(B) Partnership Firm
(C) Company
(D) All of the Above

6. The liability of members in a Company is :

(A) Limited
(B) Unlimited
(C) Stable
(D) Fluctuating

7. Securities premium can not be applied ________.

(a) For paying dividends to members

(b) For issuing bonus shares to members

(c) For writing off preliminary expenses of the company

(d) For writing off discount on issue of debentures

8. What does reserve capital mean?

(a) A part of subscribed uncalled capital

(b) Reserve profit

(c) A part of capital reserve

(d) A part of capital redemption reserve

9. An issue of shares that is not a public issue but offered to a selected group of persons is called _______.

(a) Public offer

(b) Private placement of shares

(c) Initial public offer

(d) None of the above

10. When shares are forfeited, the share capital account is debited with ______.

(a) Nominal value of shares

(b) Market value of shares

(c) Called-up value of shares

(d) Paid-up value of shares

11. Forfeiture of shares results in the reduction of______.

(a) Paid-up capital

(b) Authorised capital

(c) Fixed assets

(d) Reserve capital

12. Discount allowed on the reissue of forfeited shares is debited to ______.

(a) Share capital A/c

(b) Share forfeiture A/c

(c) Profit and loss A/c

(d) General reserve A/c

13. The following amounts were payable on the issue of shares by a company: ₹ 3 on application, ₹2 on the first call, and ₹2 on the final call. S holding 500 shares paid only application and allotment money whereas Y holding 400 shares did not pay a final call. Amount of calls in arrear will be:

a) ₹3,800
b) ₹2,800
c) ₹1,800
d) ₹6,200

14. The subscribed capital of a company is ₹80,00,000 and the nominal value of the share is ₹100 each. There were no calls in arrear till the final call was made. The final call made was paid on 77,500 shares only. The balance in the calls in arrear amounted to ₹62,500. Calculate the final call on share.

a) ₹7
b) ₹20
c) ₹22
d) ₹25

15. A shareholder holding 600 shares paid the amount of call @ ₹5 per share on 1st November 2018 whereas the call was due on 1st March 2019. Interest on calls in advance as per Table F will be:

a) ₹45
b) ₹60
c) ₹50
d) ₹120

16. Authorized capital of a company is divided into 5,00,000 shares and ₹10 each. It issued 3,00,000 shares. Public applied for 3,60,000 shares. Amount of issued capital will be:

a) ₹30,00,000
b) ₹36,00,000
c) ₹50,00,000
d) ₹6,00,000

17. A company invited applications for 1,00,000 shares and it received applications for 1,50,000 shares. Applications for 30,000 shares were rejected and the remaining were allotted shares on a pro-rata basis. How many shares on the applicant for 3,000 shares will be allotted?

a) 2,500 shares
b) 3,600 shares
c) 4,500 shares
d) 2,000 shares

18. E Ltd had allotted 10,000 shares to the applications of 14,0000 shares on a pro-rata basis. The amount payable on the application was ₹2. F applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from F will be:

a) 60 shares, ₹120
b) 340 shares, ₹160
c) 320 shares, ₹200
d) 300 shares, ₹240

19. Ordinary shares are also called-

(a) Equity shares

(b) Founder’s shares

(c) Deferred shares

(d) Preference shares

20. The maximum amount with which the company is registered is called-

(a) Authorized Share Capital

(b) Issued Share Capital

(c) Subscribed capital

(d) Called up capital

21. When shares are issued at premium amount of premium will be credited to–

(a) Securities premium account

(b) Share first call account

(c) Share allotment account

(d) Share forfeited account

22. Minimum number of members in case of public company is- 

(a) 4

(b) 5

(c) 6

(d) 7

23. Maximum number of members in public limited company is –

(a) 10

(b) 20

(c) 50

(d) unlimited

24. Minimum number of members in case of private company is- 

(a) 2

(b) 5

(c) 6

(d) 7

25. The forfeited shares can be reissued at-

(a) Par

(b) Premium

(c) Discount

(d) All of them

Answer:

1. Answer (D) All of the Above

2. Answer (B) Owners of the Company

3. Answer (C) Equity shareholders

4. Answer (B) Companies Act

5. Answer  (C) Company

6. Answer (A) Limited

7. Answer (a) For paying dividends to members

8. Answer (a) A part of subscribed uncalled capital

9. Answer (d) None of the above

10. Answer (c) Called-up value of shares

11. Answer (a) Paid-up capital

12. Answer (b) Share forfeiture A/c

13. Answer (b) ₹2,800

14. Answer  (d) ₹25

15. Answer (d) ₹120

16. Answer (a) ₹30,00,000

17. Answer (a) 2,500 shares

18. Answer (d) 300 shares, ₹240

19. Answer (a) Equity shares

20. Answer (a) Authorized Share Capital

21. Answer (a) Securities premium account

22. Answer (d) 7

23. Answer (d) unlimited

24. Answer (a) 2

25. Answer (d) All of them

These Multiple Choice Questions have been prepared based on the latest CBSE  syllabus and examination guidelines for Class 12 Accountancy. The following Class 12 MCQ Questions of Dissolution of a Partnership Firm with Answers can help you to practice and get better marks in the upcoming class 12 accountancy examination. Students of class 12 Accountancy should refer to MCQ Questions Class 12 Accountancy Dissolution of Partnership Firm with answers provided here which is an important chapter in Class 12 Accountancy

Know your preparation level on MCQ Questions for Class 12 Accountancy with Answers. You can also verify your answers from our provided Dissolution of a Partnership Firm Class 12 MCQs Questions with Answers. Let's Increase your preparation with MCQ Questions of Dissolution of a Partnership Firm Class 12 Objective Questions.

1. In which condition a partnership firm is deemed to be dissolved?

(A) On a partner’s admission
(B) On retirement of a partner
(C) On expiry of the period of partnership
(D) On loss in partnership

2. Court can make an order to dissolve the firm when :

(A) Some partner has become fully mad
(B) Partnership deed is fully followed
(C) Continued future profits are expected
(D) Firm is running legal business

3. On dissolution of a firm, realisation account is debited with

(A) All assets to be realised
(B) All outside liabilities of the firm
(C) Cash received on sale of assets
(D) Any asset taken over by one of the partners

4. On dissolution of a firm, out of the proceeds received from the sale of assets will be paid first of all

(A) Partner’s Capital
(B) Partner’s Loan to Firm
(C) Partner’s additional capital
(D) Outside Creditors

5. At the time of dissolution of firm, “Loan of partners” (Loans given by partners to the firm) is paid out of the amount realised on sale of assets :

(A) After making the payment of loans given by third party
(B) After making the payment of balance of Capital Accounts of partners
(C) After making the payment of above (A) and (B)
(D) Before the payment of loans given by third party

6. At the time of dissolution of firm, at which stage the balance of partner’s capital accounts is paid?

(A) After making the payment to third party’s loans
(B) Before making the payment of partners in respect of their loans
(C) After making the payment to third party for their loans as well as partners loans
(D) None of the above.

7. Which of the following is not the mode of dissolution of the firm?

a) By Mutual Agreement
b) On happening of an event
c) Dissolution by court
d) Retirement of a partner

8. At the time of dissolution of firm, Loan given by partner to the firm is paid out of the amount realised on sale of assets

a) after payment of outside liabilities but before repayment of capital.
b) after payment of capital of partners
c) after payment of outside liabilities or capital
d) before payment of outside liabilities

9. At the time of dissolution of firm, at what stage the balances of partner’s Capital Accounts are paid?

a) After payment of Outsider’s liabilities
b) Before payment of loan by partner
c) After payment of outsiders liabilities and Partners loan
d) Before payment of outside liabilities

10. On dissolution, if a partner pays firm’s liability which of the following account is debited?

a) Profit and Loss Account
b) Realisation Account
c) Partner’s Capital Account
d) Cash Account

11. Amount received from sale of unrecorded asset at the time of dissolution of the firm is credited to

a) Partner’s Capital Account
b) Profit and Loss Account
c) Realisation Account
d) Cash Account

12. On Dissolution, Goodwill Account is transferred to

a) In the capital Accounts of Partners
b) On the credit of Cash Account
c) On the debit of Realisaiton Account
d) On the credit of Reasliation Account

13. The modes by which a firm may be dissolved are

a) All of the options
b) By Mutual agreement
c) Compulsory Dissolution
d) By Notice

14. The Account which is prepared on dissolution of a Partnership firm :

(a) Revaluation Account
(b) Realisation Account
(c) P&L Appropriation Account
(d) None of these

15. New ratio is not to be calculated on:

a. Admission of a partner
b. retirement of a partner
c. death of a partner
d. dissolution of a partnership

16. At the time of dissolution of the firm , if goodwill appears in the balance sheet , it is transferred to

a) Capital A/c
b) Revaluation A/c
c) Realisation A/c
d) Current Account

17. Unrecorded assets when realised is credit to

a) Partners capital A/c
b) Realisation A/c
c) Current Account
d) None of the options

18.  At the time of dissolution of partnership an unrecorded asset taken by X a partner is debited to:

a. X capital account
b. realisation account
c. cash account
d. none of the above

19. Unrecorded liability when paid on dissolution of a firm is defined to :

(a) Realisation Account
(b) Partners’ Capital Accounts
(c) Liability Account
(d) None of these. 

20. Dissolution of the firm means

a) All of the options

b) Business of the firms ends

c) Assets Sold

d) Liabilities paid

21. The modes by which a firm may be dissolved are

a) All of the options

b) By Mutual agreement

c) Compulsory Dissolution

d) By Notice

22. Why is realisation account prepared

a) Closing the accounts

b) Opening the account

c) For profit sharing

d) None of the options

23. How will goodwill account appearing in the balance sheet be treated in case of dissolution of the firm

a) By transferring to realisation A/c (Dr. Side)

b) By transferring to realisation A/c (Cr. Side)

c) Both Side

d) None of the options

24. How will you treat accumulated profit/losses at the time of dissolution of the firm

a) Transferred to partners Capital A/C

b) Transferred to partners Capital A/C

c) Transferred to partners Salary A/C

d) None of the options

25. what will be the accounting treatment of balance of the realisation account

a) Transferred to partners Capital A/C in their profit sharing ratio

b) Transferred to partners Capital A/C in their old ratio

c) Transferred to partners Capital A/C in their new ratio

d) None of the options

Answer:

1. Answer (C) On expiry of the period of partnership

2. Answer (A) Some partner has become fully mad

3. Answer  (A) All assets to be realised

4. Answer (D) Outside Creditors

5. Answer (A) After making the payment of loans given by third party

6. Answer (C) After making the payment to third party for their loans as well as partners loans

7. Answer (d) Retirement of a partner

8. Answer (a) after payment of outside liabilities but before repayment of capital.

9. Answer (c) After payment of outsiders liabilities and Partners loan

10. Answer (b) Realisation Account

11. Answer (c) Realisation Account

12. Answer (c) On the debit of Realisaiton Account

13. Answer (a) All of the options

14. Answer (b) Realisation Account.

15. Answer  (d) dissolution of a partnership

16. Answer (c) Realisation A/c

17. Answer (c) Realisation A/c

18. Answer (a) X capital account

19. Answer (a) Realisation Account.

20. Answer (a) All of the options

21. Answer (a) All of the options

22. Answer (a) Closing the accounts

23. Answer (a) By transferring to realisation A/c (Dr. Side)

24. Answer (a) Transferred to partners Capital A/C

25. Answer (a) Transferred to partners Capital A/C in their profit sharing ratio

Students who are searching for NCERT MCQ Questions for Accounting for Not for Profit Organisation with Answers free are compiled here to get good practice on all fundamentals. The MCQ Questions for Class 12 Accountancy with answers have been prepared as per the latest 2021 syllabus, NCERT books and examination pattern suggested in Standard 12 by CBSE.

Refer to more Chapter-wise MCQ Questions for NCERT Class 12 Accountancy and also download more latest study material for all subjects. The following Multiple choice Questions with Answers can help you to practice and get better marks in the upcoming class 12. You can also verify your answers from our provided and know your level of preparation.

1. Receipts and Payments Account generally shows :

(A) A Debit balance
(B) A Credit balance
(C) Surplus or Deficit
(D) Capital Fund

2. Income and Expenditure Account records transactions of:

(A) Revenue nature only
(B) Capital nature only
(C) Both revenue and capital nature
(D) Income of only revenue nature and expenditure of revenue and capital nature.

3. Income and Expenditure Account reveals :

(A) Surplus or Deficiency
(B) Cash in Hand
(C) Net Profit
(D) Capital Account

4. The amount of ‘Subscription received from members’ by a Non-profit organi sation is shown in which of the following?

(A) Debit side of Income and Expenditure Account
(B) Credit side of Income and Expenditure Account
(C) Liability side of Balance Sheet
(D) Assets side of Balance Sheet

5. Donation received for a special purpose :

(A) Should be credited to Income and Expenditure Account
(B) Should be credited to separate account and shown in the Balance Sheet
(C) Should be shown on the assets side
(D) Should not be recorded at all.

6. Subscription received by a school for organising annual function is treated as:

(A) Capital Receipt (i.e., Liability)
(B) Revenue Receipt {i.e., Income)
(C) Asset
(D) Earned Income

7. The amount of ‘Entrance Fees’ received by a Non-profit organisation (if it is received regularly) is shown in which of the following?

(A) Liability side of Balance Sheet
(B) Assets side of Balance Sheet
(C) Debit side of Income and Expenditure Account
(D) Credit side of Income and Expenditure Account

8. Which of the following is an example of not-profit-organisation:

(a) Public hospitals
(b) Corporations
(c) Audit firm
(d) Insurance companies.

9. The Receipt and Payment account of a Non- Profit Organisation is a

(a) Nominal Account
(b) Real Account
(c) Income Statement Account
(d) Financial Statements

10. If Income is Rs.16,000 and deficit debited to Capital Fund is Rs.4,300 then Expenditure is:

(a) 16,000
(b) 4,300
(c) 20,300
(d) None of these

11. In regard to Rent expenses paid in advance of a non- profit organisation which of the following classification is correct

(a) Expense
(b) Liability
(c) Equity
(d) Assets

12. Which of the following statements is not true for Receipts and Payments Account?

(a) It is a summary of the Cash Book.
(b) It records receipts and payments of revenue nature only.
(c) The receipts and payments may relate to current, preceding, or succeeding accounting periods.
(d) Depreciation is not shown in it.

13. Sources of Funds for Not-For-Profit Organisations?

(a) Donation

(b) Membership fees or Entrance fees

(c) Subscription

(d) Grants

(e) All of these

14. Features of Not-For-Profit Organisations….

(a) Set up by charitable society

(b) Main aim is provise service

(c) Separate entity from its members

(d) Managed by elected member

(e) All of these

15. Financial Statement of NPO organisation includes:

(a) Receipts and Payments A/C

(b) Income and Expenditure A/C

(c) Balance Sheet

(d) All of these

16. Recepits and Payments A/c is a…

(a) Real Account

(b) Nominal Account

(c) Persocal Account

(d) None of these

17. Income and Expenditure accounts is a…

(a) Real Account

(b) Nomincal Account

(c) Personal Account

(d) None of these

18. Not for profit organisation prepared…

(a) Trading A/c

(b) Profit and loss A/c

(c) Receipts and Payments A/c and Income and Expenditure A/c

(d) All of these.

19. Receipt and Payments acccount prepared on …

(a) Accrual Basis of accounting

(b) Cash basis of accounting

(c) Both (a) and (b)

(d) None of these.

20. Income and expenditure account prepared on…

(a) Accrual Basis of accounting

(b) Cash basis of accounting

(c) Both (a) and (b)

(d) None of these.

21. Capital receipts….

(a) Life membership fees

(b) Building fund

(c) Receipts from sale of fixed assets

(d) Endowment Fund

(e) All of these

22. Balance of income and expenditure account represents….

(a) Net profit

(b) Net loss

(c) Surplus or deficit

(d) All of these

23. Subscription received in advene during the current year is…..

(a) an income

(b) an assets

(c) a Liability

(d) None of these

24. Receipts and payment accounts is prepared on the basis of….

(a) Trading account

(b) Cash Book

(c) Income and expenditure account

(d) None of these

25. Features of income and expenditure accounts are….

(a) It is a nomincal account

(b) It records income, expenditure and losses of revenue nature on a accrual basis of accounting.

(c) It does not have a opening balance.

(d) All of these

Answer:

1. Answer (A) A Debit balance

2. Answer (A) Revenue nature only

3. Answer (A) Surplus or Deficiency

4. Answer (B) Credit side of Income and Expenditure Account

5. Answer (B) Should be credited to separate account and shown in the Balance Sheet

6. Answer (A) Capital Receipt (i.e., Liability)

7. Answer (D) Credit side of Income and Expenditure Account

8. Answer (a) Public hospitals

9. Answer (b) Real Account

10. Answer (c) 20,300

11. Answer (d) Assets

12. Answer (b) It records receipts and payments of revenue nature only.

13. Answer (d) All of these

14. Answer (d) All of these

15. Answer (d) All of these

16. Answer  (a) Real Account

17. Answer (b) Nomincal Account

18. Answer (c) Receipts and Payments A/c and Income and Expenditure A/c

19. Answer (b) Cash basis of accounting

20. Answer (a) Accrual Basis of accounting

21. Answer (e) All of these

22. Answer (c) Surplus or deficit

23. Answer (c) a Liability

24. Answer (b) Cash Book

25. Answer (d) All of these

1. Shop rent account will be debited.
2. Cash account will be credited.

Holmes wanted to get information about Adler so he disguised himself as an old cab driver. He went to the place where Adler’s apartment was situated. He spent the whole day around Adler’s home. He talked with other cab drivers and anybody who seemed to know anything about Adler. He had seen her personally and, by one means or another, had even talked with her. But Holmes did not know that Adler had recognized him. He knew that she was a beautiful woman. She got married to a Mr Godfrey Norton. He was her previous lawyer. But Holmes’s main aim was to get the photograph by all means and that day he knew that the photograph must be in her home. In this way, Holmes got information about Adler.

होम्स एडेलर के बारे में जानकारी जुटाना चाहते थे इसलिए उन्होंने एक बूढ़े टैक्सी ड्राईवर का भेष बनाया। वह उस स्थान पर गये जहाँ पर एडलर का अपार्टमेंट था। उन्होंने पूरा दिन एडलर के घर के अंदर और आसपास बिताया। उन्होंने अन्य टैक्सी ड्राईवरों से तथा जो कोई भी एडलर के बारे में जानता हुआ लगता था उससे बातचीत की। वह उससे व्यक्तिगत रूप से मिले और किसी न किसी तरह से उससे बातचीत भी कर ली। लेकिन होम्स नहीं जानते थे कि एडलर ने उन्हें पहचान लिया था। वह जान गये थे कि वह एक सुंदर महिला थी। उसने किसी श्रीमान गॉडफ्रे नोर्टन से विवाह कर लिया था। वह उसका भूतपूर्व वकील था। लेकिन होम्स का मुख्य उद्देश्य था किसी भी प्रकार से उस फोटो को पाना तथा उस दिन वह जान गये थे कि फोटो निश्चित रूप से उसके घर में ही होना चाहिये। इस प्रकार होम्स ने एडलर के विषय में जानकारी जुटाई।

Sherlock Holmes is a famous detective. He is known for his cleverness. The king of Bohemia himself came to Sherlock Holmes for help. Though the king was in disguise Holmes recognized him and addressed him as “Your Majesty.” When he is assigned the task of getting the king’s love letters and photographs from Adler, he immediately sets to work. First, he disguises as an old cab driver and gets some information about Adler. But he cannot get the letters and photographs from her apartment. So he disguises as a priest and plays a trick. He gets a chance to enter the living room of Adler. Then he gets burning pieces of paper thrown into her living room and comes to know about the hidden place. But all his tricks are caught by Adler and she beats him at his own game.

शरलॉक होम्स एक प्रसिद्ध जासूस हैं। उन्हें उनकी चालाकी के लिए जाना जाता है। बोहिमिया का राजा स्वयं उनके पास मदद के लिए आया। यद्यपि राजा ने भेष बदल रखा था फिर भी होम्स ने उन्हें पहचान लिया और “महाराज” कहकर संबोधित किया। जब उसे एडलर से राजा के प्रेमपत्रों तथा फोटो को पाने का काम सौंपा जाता है तो वह तुरंत काम पर लग जाता है। सबसे पहले वह एक बूढे टैक्सी ड्राईवर का भेष बनाता है और एडलर के बारे में कुछ जानकारी हासिल कर लेता है। लेकिन वह उसके मकान से उन पत्रों तथा फोटो को प्राप्त नहीं कर पाता है। इसलिए वह एक पादरी का भेष बनाता है और एक तरकीब करता है। उसे एडलर के बैठक में घुसने का एक मौका मिल जाता है। अब वह उसकी बैठक में कुछ जलते हुए कागज के टुकड़ों को फिकवाता है और गुप्त स्थान के बारे में पता कर लेता है। लेकिन उसकी चालाकी एडलर के द्वारा पकड़ी जाती है और वह उसे उसके ही तरीके से मात दे देती है।

According to the story, the king went to Holmes to ask for help. When he was explaining the whole episode to Holmes, he mentioned that he was about to marry a princess of one of the neighbouring countries but he had previously been in love with an American actress, Irene Adler. But Adler was not of royal blood so he was forced not to marry her. The king added that Adler who was still obviously in love with him had said that she was going to write to the princess and tell her all about their love affair. This is the clear cut evidence which shows that she threatened to disclose everything to the princess. Only because of this the king was so upset.

कहानी के अनुसार, राजा होम्स के पास मदद लेने हेतु गया। जब वह सारा घटनाक्रम होम्स को बतला रहा था, उसने इस बात का उल्लेख किया कि उसका विवाह पड़ोस के ही किसी एक देश की राजकुमारी से होने वाला था परन्तु पहले उसे एक अमरीकी अभिनेत्री, आइरिन एडलर से प्यार था । लेकिन एडलर शाही खानदान की नहीं थी इसलिए उस पर दबाव डाला गया कि वह एडलर से शादी ना करे। राजा ने आगे कहा कि एडलर जो स्पष्टतः अभी भी उससे प्रेम करती थी, ने कहा था कि वह राजकुमारी को पत्र लिखकर अपने प्रेम-प्रसंग के बारे में सब-कुछ बता देगी। यह स्पष्ट प्रमाण है जो दर्शाता है कि उसने राजकुमारी को सब-कुछ बता देने की धमकी दी थी। केवल उसी कारण राजा बहुत अधिक परेशान था।

Irene Adler’s letter shows that Sherlock Holmes was beaten at his own game. He was recognized by her. It shows that his trick was very old.

आइरिन एडलर के पत्र से पता चलता है कि शरलॉक होम्स को उसके अपने ही तरीके से मात दे दी गई थी। उसे उसके द्वारा पहचान लिया गया था। इससे पता चलता है कि उसकी तरकीब पुरानी थी।

The next day Holmes went to Miss Adler’s house to get the photograph and letters but there was no one at home. However, the photograph was there with a letter telling him that he had been beaten at his own game.

अगले दिन होम्स सुश्री एडलर के घर फोटो तथा पत्रों को लेने के लिए गए लेकिन वहाँ घर पर कोई नहीं था यद्यपि फोटो वहाँ था जिसके साथ एक पत्र था जिसने बताया कि उसे उसी के तरीके से मात दे दी गई थी।

When Adler saw that the fire was only a matter of a few burning papers, she stopped and did not remove the photograph. She did not think that there was any danger to it.

जब एडलर ने देखा कि आग कुछ जलते हुए कागजों तक ही सीमित थी तो वह रुकी और फोटो को नहीं हटाया। उसके विचार से उसे (फोटो को) कोई खतरा नहीं था।

Holmes was pleased when he arrived home because according to his plan he had been successful in getting into Irene’s apartment and was able to know the place where the photograph was hidden.

जब होम्स घर लौटे तो वे खुश थे क्योंकि अपनी योजना के अनुसार वह आइरिन के अपार्टमेंट में घुसने में सफल रहे थे और यह भी जान पाये थे कि फोटो को कहाँ पर छिपा रखा था।

At first, Holmes disguised himself as a cab-driver and then as a priest. Holmes disguised himself to hide his true identity and get the letters and the photograph of the king back from Irene.

सर्वप्रथम, होम्स ने टैक्सी चालक का वेष बनाया और फिर उसने एक पादरी का वेष बनाया। होम्स ने अपनी वास्तविक पहचान छिपाने तथा राजा के पत्रों तथा फोटो को आइरिन से वापस लेने के लिए छद्मवेष बनाया।

A letter can be proved false by arguing that it has been copied in someone’s handwriting and that the paper on which the letter has been written is stolen.

यह तर्क देकर कि किसी ने हस्तलिपि की नकल की है और वह कागज जिस पर वह पत्र लिखा गया है चुराया गया है, किसी पत्र को झूठा साबित किया जा सकता है।

Adler threatened the king because she loved him deeply and the king also loved her deeply but the king was not going to marry her for she was not of royal blood.

एडलर ने राजा को धमकी दी थी क्योंकि वह उससे बहुत प्यार करती थी और राजा भी उससे बहुत प्यार करता था लेकिन राजा उससे इसलिए शादी नहीं कर रहा था क्योंकि वह शाही खानदान की नहीं थी।

Irene Adler had the photograph and the love letters of the king. She had threatened him to tell everything to the princess whom the king was to marry. The king wanted to get these things back. So he came to Holmes for help

आइरिन एडलर के पास राजा के फोटो व प्रेम-पत्र थे। उसने राजा को धमकी दी थी कि वह उस राजकुमारी को यह सब बता देगी जिससे वह शादी करने वाला था। राजा इन चीजों को वापस पाना चाहता था। इसलिए वह होम्स के पास मदद माँगने आया।

Adler was not of royal blood. The king’s family and the members of the government insisted that he must give Adler up. He loved her deeply but his first responsibility was to his country. So he could not marry Adler.

एडलर राजकुल में पैदा नहीं हुई थी। राजा के परिवार और सरकार के लोगों ने राजा पर दबाव बनाया कि वह एडलर को त्याग दे। वह उससे बहुत प्यार करता था लेकिन उसका पहला उत्तरदायित्व अपने देश के प्रति था। इसलिए वह एडलर से विवाह नहीं कर सका।

Adler was not of royal blood. The king’s family and the members of the government insisted that he must give Adler up. He loved her deeply but his first responsibility was to his country. So he could not marry Adler.

एडलर राजकुल में पैदा नहीं हुई थी। राजा के परिवार और सरकार के लोगों ने राजा पर दबाव बनाया कि वह एडलर को त्याग दे। वह उससे बहुत प्यार करता था लेकिन उसका पहला उत्तरदायित्व अपने देश के प्रति था। इसलिए वह एडलर से विवाह नहीं कर सका।

The man who came to see Holmes was dressed in the uniform of a foreign country. He was wearing a mask also. He pretended to represent another person. 

होम्स से मिलने आने वाला व्यक्ति एक विदेशी पोशाक पहने हुए था। उसने एक नकाब भी पहन रखा था। वह किसी दूसरे व्यक्ति का प्रतिनिधि होने का दिखावा कर रहा था।

Miss Irene Adler loved the king of Bohemia. But the king wanted to marry someone else. He wanted to procure his letters from Irene. So she hid the letters and photographs to protect them from the king.

सुश्री आइरिन एडलर बोहिमिया के राजा से प्यार करती थी। किन्तु राजा किसी अन्य से विवाह करना चाहता था। वह आइरिन से अपने पत्र लेना चाहता था। इसलिए उसने राजा से बचाने के लिए पत्रों एवं फोटोग्राफ को छिपा दिया था।

Sherlock Holmes had great respect for Irene Adler because she had been one of the very few persons who had proven herself to be as clever and cunning as Sherlock himself.

शरलॉक होम्स आइरिन एडलर को इतना अधिक सम्मान इसलिए देता था क्योंकि वह उन गिने-चुने व्यक्तियों में रही जिन्होंने यह सिद्ध कर दिया था कि वे भी उतनी ही बुद्धिमान वे चालक थी जितना कि शरलॉक होम्स स्वयं था।

I passed class X from the local secondary school. I wanted to get admission to a senior secondary school. I went to town. The campus of the senior secondary school was very big. It was very hard for me to locate the office of the principal. I was alone. I didn’t know what to do. I was nervous. I thought to take someone’s help. Thinking so I went to a group of students. I asked them the way to the principal’s office. A boy showed me a man and introduced as a principal. I believed him and went up to the man. I wished him and told him about my new admission. In fact, that person was a peon of the school but he was well dressed. The peon was a very gentleman. He did not take it otherwise. He helped me and took me to the principal’s office. After a successful meeting with the principal, as I came out, I saw the same boy near the school gate. I walked up to him and told him that I was the son of a trustee of the school, and if I wanted to, I could have got him expelled for this mischief. The boy was taken aback and repeatedly apologized to me.

1. False
2. True
3. True
4. False
5. True

Holmes discovered a surprising fact about Miss Irene Adler that she had married Mr Godfrey Norton, her previous lawyer. He did not know whether that made the matter simpler or more complicated.

सुश्री आइरिन एडलर के बारे में होम्स ने इस आश्चर्यजनक सच्चाई की खोज की कि वह अपने पूर्व वकील मिस्टर गॉडफ्रे नॉर्टन नामक व्यक्ति से शादी कर चुकी है। वह नहीं जानता था कि यह मामले को और अधिक सरल बना देगा या और अधिक जटिल बना देगा।

As far as we think about the whole episode, Miss Adler seems to be more intelligent than Holmes. Her letter shows that she knew that the king would get Holme’s help. She knew all about Holmes’s tricks and she knew this too that Holmes was trying to get back the photograph from her. In spite of this, she allowed Holmes to do all these things. As she expressed in her letter, she had chased Holmes on the very first day and confirmed his identity. Finally, leaving the photograph for Holmes with the letter, she departed from there with her husband giving a great shock to Holmes. Thus, we can say that Adler was more intelligent than Holmes. She had beaten Holmes in his own way.

जहाँ तक हम इस पूरे प्रकरण के सम्बन्ध में विचार करते हैं, एडलर होम्स से अधिक बुद्धिमान प्रतीत होती है। उसके पत्र से स्पष्ट होता है कि वह जानती थी कि राजा शरलॉक होम्स की सहायता लेगा। वह होम्स की सभी चालों को जानती थी और उसे यह भी पता था कि होम्स उससे फोटो को प्राप्त करने का प्रयास कर रहा था। इस सबके बावजूद, उसने होम्स को यह सब करने दिया। जैसा कि उसने अपने पत्र में व्यक्त किया है, उसने पहले ही दिन होम्स का पीछा कर उसकी पहचान निश्चित कर ली थी। अन्त में, होम्स के लिए फोटो के साथ संदेश छोड़कर, होम्स को करारा झटका देते हुए वह अपने पति के साथ वहाँ से चली गई। इस प्रकार हम कह सकते हैं कि होम्स की तुलना में एडलर अधिक बुद्धिमान थी। उसने होम्स को उसके ही तरीके से हरा दिया था।

(c) The eye-sight

In the guise of a priest, Holmes was walking in front of Miss Adler’s home. As she returned from her daily ride in the park and was about to step down from her taxi, Holmes pretended to faint. Several people came to help him. Adler asked the people to carry Holmes into her living room. Thus, Holmes got into Adler’s home. Further, to find out the hidden place of the photograph, he got some lighted pieces of paper thrown into her living room through the window. One of the servants cried that there was fire. Adler ran towards the place where she had hidden the photograph. Miss Adler, thus herself showed Sherlock where the photograph and letters were hidden. This is how Holmes knew where the photograph and letters had been hidden.

होम्स पादरी के वेष में मिस एडलर के घर के सामने टहल रहे थे। जैसे ही वह पार्क में अपने दैनिक वाहन-भ्रमण से लौटी और टैक्सी से उतरने वाली थी, होम्स ने बेहोश होने का नाटक किया उनकी मदद करने। के लिए अनेक लोग इकट्ठे हो गये। एडलर ने लोगों से होम्स को अपनी बैठक में ले जाने के लिए कहा। इस तरह होम्स ने एडलर के घर में प्रवेश कर लिया। बाद में फोटो के गुप्त स्थान का पता लगाने के लिए उसने कुछ जलते हुए कागज उसके (एडलर के) कमरे में खिड़की से फिंकवाए। आग से फोटो को बचाने हेतु एडलर उस स्थान की ओर दौड़ी जहाँ उसने फोटो छिपा रखा था। सुश्री एडलर ने इस प्रकार स्वयं ही शरलॉक को दिखाया कि फोटो एवं पत्र कहाँ छिपाये गये थे। इस तरह होम्स को उस स्थान का पता चल गया जहाँ फोटो एवं पत्र छिपाये गये थे।

The poet calls the talent “useless” because he cannot compose poetry without his eyes and it will be destroyed after his death in this world and no one will remember him without his work of composing rhymes.

कवि अपनी प्रतिभा को व्यर्थ कहता है क्योंकि वह बिना आँखों के कविताएं नहीं लिख सकता है तथा उसकी यह प्रतिभा मृत्यु के पश्चात् इस संसार में समाप्त हो जाएगी तथा उसे कविता लिखे बगैर कोई भी याद नहीं रखेगा।

Context : Milton became blind before half of his age. So he was very grieved. He thinks that the gift of poetry given by God is lying useless with him. He makes a protest against God. But soon he realizes his mistake. He comes to know that unconditional surrender to the will of God is the best service to Him. 

Explanation : In this concluding stanza the poet says that the position of God is like kings. Thousands of angels are running continuously over land and ocean. They do not take rest and travel from one place to another. They convey the message of God to the poeple everywhere at His order. The sufferings and misfortunes of life are given to us by God as a test. So the best service to God is to bear these sufferings without any complaint.

(d) because he cannot see.

The word “l’ in the first stanza refers to the poet.

‘I’ शब्द प्रथम पद्यांश में कवि के लिये प्रयोग किया गया है।

The poet wishes to give his true account because he desires to prove himself honest and innocent in the eyes of God and likes to get his eyesight once again from God.

कवि अपना सच्चा लेखा-जोखा देना चाहता है क्योंकि वह स्वयं को भगवान की दृष्टि में सच्चा और निर्दोष पेश करना चाहता है तथा अपनी नेत्र-ज्योति भगवान से पुन: प्राप्त करना चाहता है।

“The poet means that there is no need for a person to go anywhere to see God and to get his mercy. In this mortal world there is no place where God does not live. So there is no particular place of God. He lives everywhere. One should always have faith and devotion in God.

कवि का आशय है कि ईश्वर से मिलने के लिये और उसकी कृपा प्राप्त करने के लिए कहीं जाने की आवश्यकता नहीं है। इस नश्वर संसार में ऐसा कोई भी स्थान नहीं है जहाँ ईश्वर नहीं रहता है। इसलिये भगवान का कोई विशेष स्थान नहीं है। वह हर जगह रहता है। ईश्वर में हमेशा विश्वास तथा श्रद्धा रखनी चाहिए।

The clever fox at once thought of a p.un, off he ran and came to the place where the camel was sitting “Hello, friend!” he said to the camel, “How, lucky you are! Our king has invited you to his court. Now please hurry up and come with me.”

No, the 3 ministers were not loyal to their king, the Lion. The Camel was deeply moved by the loyalty shown by the 3 ministers. He thought that it was his duty to offer himself as food for the king. He asked the lion to eat him instead of the ministers. Hardly had the camel spoken these words, the 3 ministers were ready to pounce on them.

But the Lion stopped them immediately and said that he was deeply touched by their offers and he would readily accept them all. He said that he would eat them in the same order in which they offered themselves. The lion said this to test their loyalty.

The ministers looked at each other and without a moment to lose, they all ran away from the place. But only the camel remained there. Thus the 3 ministers proved that they were not loyal to their king.

As soon as they reached the forest. The lion turned to the camel and I said, “Friend I must thank you for saving my life. You are welcome to with me m my loris as long as you like. I promise you my protection”. The ministers were shocked to hear this. They had all the time been longing to eat camel’s meat.

When the camel offered himself for the Lion to eat, the 3 ministers were ready to pounce on the camel. But the Lion stopped them immediately. He wanted to test their loyalty. So he said to them that he was deeply touched by their offers and he would readily accept them all. He said that he would eat them in the same order in which they offered themselves.

The Ministers looked at each other and without a moment to lose, they all disappeared from the place but only the camel remained there. They ran away, from the place because they were not loyal to their king.

The clever fox brought the camel to the lion. The fox said “Our king is the brave lion. He has killed your cruel master, and now you are free. The good king has invited you to come and live with him in the forest.

The king asked, “Where can we get a camel?”

The fox said, ‘Our king is the ‘brave lion.’

The king promised to give them food and protection.

The crow told the lion that the camel looked very fat and big.

When the lion went hunting, they helped him to find the prey. After having his fill, he would leave the remains for them. Thus they always had enough to eat.

The death wants to hide the talent of the poet of composing poetry.

मृत्यु कवि की कविता रचने की प्रतिभा को छिपाना चाहती है।

The soul of the poet wants to devote himself in the service of his Maker by writing poems in his honour.

कवि की आत्मा स्वयं को भगवान की सेवा में कविताएँ लिखकर समर्पित करना चाहती है।

The king in the story is a Lion.

C) Echinodermata

Correct option is C) Annelida

Correct option is D) Dengue