Explore topic-wise InterviewSolutions in Current Affairs.

This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

1.

MIN ( ) function returns ? A. Highest value B. Lowest value C. Negative value D. Positive value

Answer»

Correct option is: B. Lowest value

2.

What is the effect of wavelength on light radiation if energy is doubled? 

Answer»

The energy of photon, E = hν = hc/λ where h = Plank's constant, c = velocity of light and λ = wavelength.

Thus, E∝1/λ​

Hence, if the wavelength is doubled, the energy of photon will be half. 

3.

A \( 10 cm \) long wire is brought \( 20 cm \) up in a liquid of surface tension 40 dyne \( cm ^{-1} \). Find the work done against surface tension(A) \( 0.8 m J \)(B) \( 1.6 m J \)(C) \( 1.2 m J \)(D) \( 3.2 mJ \)

Answer»

\(T = \frac Fl\)

F = T x l

F = 40 x 10

F = 400 dyne

F = 400 x 10-5 N

Work done 

W = F.S

\(400 \times 10^{-5} \times \frac{20}{100}\)

= 80 x 10-5

= 0.8 x 10-3 J

W = 0.8 mJ

4.

If you have bullish view in the market, how will you implement this strategy using futures?

Answer»

If one thinks that the market will rise meaning thereby of a bullish market, one can buy futures of NIFTY or whatever stock one holds a bullish view.

5.

Describe contract Specification of index option?

Answer»

On NSE‘s index options market, there are one-month, two-month and three-month expiry contracts with minimum nine different strikes available for trading. Hence, if there are three serial month contracts available and the scheme of strikes is 6-1-6, then there are minimum 3 x 13 x 2 (call and put options) i.e. 78 options contracts available on an index. 

Option contracts are specified as follows: DATE-EXPIRYMONTH-YEARCALL/PUT-AMERICAN/ EUROPEAN-STRIKE. 

For example: the European style call option contract on the Nifty index with a strike price of 5000 expiring on the 26th November 2009 is specified as ‘26 NOV 2009 5000 CE‘.

6.

__________ denotes a situation of too much or excessive working capital. A. Gross working capital B. Redundant working capital C. Permanent working capital D. Temporary working capital

Answer»

B. Redundant working capital 

7.

In funds flow statement, decrease in working capital is _________. A. applications of funds B. sources of cash C. applications of cash D. sources of funds

Answer»

D. sources of funds

8.

Working capital over and above the fixed working capital would be termed as _______. A. Temporary working capital B. Permanent working capital C. Net working capital D. Gross working capital

Answer»

A. Temporary working capital 

9.

_____ is that minimum amount which should always be present in the business to carry out the activities without a break.A. Net working capital B. Gross working capital C. Permanent working capital D. Temporary working capital

Answer»

C. Permanent working capital 

10.

A positive (net) working capital will arise when current assets exceed _________. A. Fixed liabilities B. Contingent liabilities C. Long term liabilities D. Current liabilities

Answer»

D. Current liabilities

11.

Service and Financial concerns may have _____. A. Longest operating cycle B. Shortest operating cycle C. Manufacturing phase D. None of these

Answer»

B. Shortest operating cycle 

12.

The net working capital, being the difference between current assets and current liabilities is a _______. A. Misleading concept B. Quantitative concept C. Qualitative concept D. None of the above

Answer»

C. Qualitative concept 

13.

The ____ may indicate that the firm is experiencing stock outs and lost sales. (a) Average payment period (b) Inventory turnover ratio (c) Average collection period (d) Quick ratio

Answer»

(b) Inventory turnover ratio

14.

Proposed dividend is a ____ liability.

Answer»

Proposed dividend is a Contingent liability.

15.

The most basic requirement for a firm"s marketable securities.

Answer»

Answer: Marketability.

16.

An increase in the firm"s receivable turnover ratio means that:

Answer»

 it is collecting credit sales more quickly than before.

17.

Which of the following is not an investing cash flow? (a) Purchase of marketable securities for Rs. 25,000 cash. (b) Sale of land for Rs. 28,000 cash. (c) Sale of 2,500 shares (held as investment) for Rs. 15 each. (d) Purchase of equipment for Rs. 500 cash.

Answer»

(a) Purchase of marketable securities for Rs. 25,000 cash. 

18.

Loss on issue of debentures is generally written off on:(a) 5 years(b) 10 years(c) 15 years(d) Over the period of redemption 

Answer»

Loss on issue of debentures is generally written off on 10 years.

19.

Premium on redemption of debentures is _____________. A. A cash inflow B. Cash out flow C. An income D. An asset

Answer»

B. Cash out flow 

20.

When full amount is due on any call but it is not received then the short fall is debited to: (a) Calls in Advance Account(b) Calls in Arrear Account(c) Share Capital Account(d) None of these 

Answer»

(b) Calls in Arrear Account

21.

Income from long term investments is ___________. A. Source of cash B. Application of cash C. Cash inflow from operations D. Fund flow outside

Answer»

A. Source of cash 

22.

Cash from operations is the result of _______________. A. Profit from business activities B. Cash from business activities and changes in current assets and liabilities C. Sale of fixed assets D. Borrowings from outside sources

Answer»

B. Cash from business activities and changes in current assets and liabilities 

23.

Which one of the following is the registered capital of the company:(a) Paid-up Capital(b) Uncalled Capital(c) Authorised Capital(d) Issued Capital 

Answer»

Paid-up Capital is the registered capital of the company.

24.

Which of the following should be deducted from the share capital to find out paid up capital of a company? (a) Call-in-advance(b) Calls in arrear(c) Share forfeiture(d) None of these 

Answer»

(c) Share forfeiture

25.

The maximum capital beyond which a company is not allowed to raise fund by issue of share is called:(a) Issued Capital(b) Reserve Capital(c) Authorised Capital(d) Subscribed Capital

Answer»

(c) Authorised Capital

26.

Increase in current assets is _______. A. cash used in operating activities B. cash used in financing activity C. cash used in investment activities D. none of the above

Answer»

A. cash used in operating activities 

27.

Decrease in current liabilities is ___________. A. cash raised from operating activity B. cash raised from financing activity C. cash raised form investment activities D. none of the above

Answer»

A. cash raised from operating activity 

28.

Name the type of capital the company is authorized to raise through issue?

Answer»

Authorized Capital

29.

In cash flow statement, sale of fixed assets is ________A. cash from financing activities B. cash from investment activities C. cash from operating activities D. none of the above

Answer»

B. cash from investment activities 

30.

36 kg of gunpowder contains 27 kg of salt, 5.4 kg of charcoal and some amount of sulfur. Find the percentage of sulfur.1. 15%2. 10%3. 8%4. 100%

Answer» Correct Answer - Option 2 : 10%

Given:

Gunpowder = 36 kg

Salt = 27 kg

Charcoal = 5.4 kg

Concept:

The percentage of sulfur = (Amount of sulfur / Total amount of gunpowder)× 100

Calculation:

Total weight of gunpowder = 36 kg

According to the question,

Let sulfur be x

⇒ (27 + 5.4 + x) kg = 36 kg

⇒ (32.4 + x) kg = 36 kg

⇒ x = (36-32.4) kg

⇒ x = 3.6 kg

The percentage content of sulfur in the gunpowder = (Amount of sulfur / Total amount of gunpowder) 100

⇒ (3.6/36) × 100%

⇒ 0.1 × 100%

⇒ 10%

Therefore, percentage content of Sulfur is 10%.

31.

If 3x = 500 then the value of 3x-2

Answer» Given 3^x=500

Now 3^(x-2)=3^x*3^-2=(3^x)*1/9=500/9
32.

If 2l - 3m = -1 and lm = 20, then the value of 4l2 + 9m is

Answer» I think we are to find out

4l^2+9m^2

=[(2l)-(3m)]^2+4*2l*3m

=(-1)^2+24*20=481

Formula used

a^2+b^2=(a-b)^2+4ab
33.

Name the phenomenon happening in the shown plant. How is it helpful to plants ?

Answer»

Transpiration. It helps in transportation of water by creating pulling effect in xylem vessels.

34.

When the price of a radio was reduced by 20%, its sale increased by 80%. What was the net effect on the sale?A. 44% increaseB. 44% increaseC. 66% increaseD. 75% increase

Answer» Correct Answer - A
Net effect `= x + y +(xy)/(100) = - 20 + 80 + ((-20 xx 80))/(100)= 60- 16 = 44%` increase.
35.

When a number is reduced by 4, it becomes 80% of himself. Find the number

Answer» Let the numerical be x.

If reduced by 4 the reduced number =(x-4)

By the problem

x-4=x*80*/100

=>x-4=4x/5

=>x-4x/5=4

=x/5=4

=x=20
36.

The selling price of watch is Rs 3200 and the profit percent is 100/3% Find the cost price of watch.

Answer» Given SP of watch = Rs.3200.

and profit percent is 100/3%

Let CP =Rs.x.

So  x +x*100/3*1/100=3200

=>x+x/3=3200

=>4x/3=3200

=>x=3200*3/4=2400

Hence CP= RS . 2400.
37.

Explain how Indian lands became the cultivating field of Europe during the British rule.

Answer»

How Indian lands became cultivating fields for Europe:

  • During the British rule, the farmers were compelled to cultivate crops according to the market needs. Commercial crops were largely cultivated instead of food crops. This was termed as commercialization of agriculture. 
  • The Indian farmers were forced to cultivate cotton, indigo, etc. the raw materials for British industries during British rule.
  • Commercial crops were largely cultivated instead of food crops according to the market needs. 
  • The farmers had to pay high rate of tax in cash before the deadline. To meet this, they cultivated crops that had higher market price. 
  • The products that had high demand in the European markets were cultivated. Thus the Indian lands became the cultivating fields of Europe.
38.

Manu has certain amount in his account. He gave half of this to eldest son and one third of the remaining to his youngest son. Amount left with him now is?

Answer» Let the amount be unity

The eldest son receives 1/2part

Remaining =(1-1/2)=1/2part

Youngest son receives 1/2*1/3=1/6part

So the amount left =1/2-1/6=(3-1)/6=1/3part
39.

By selling a shirt for Rs 285 a shopkeeper loses 5%. At what price should he sell the shirt so as to gain 15%?

Answer» Let the CP of the shirt be Rs.x.

Its SP with 5% loss becomes Rs ( x-x*5/100)

=Rs19x/20

By the problem

19x/20=285

=>x=(285*20)/19=300

Hence the CP= Rs300.

So SP with 15% profit

=Rs(300+300*15/100)=Rs345
40.

The 'Food For Work' program was renamed as:a) MNREGA (Mahatma Gandhi National Rural Employment Guarantee Association) b) National Rural Employment Program c) Rural Development Program d) None of These

Answer»

The 'Food For Work' program was renamed as National Rural Employment Program.

41.

Two statements are given below as Assertion (A) and Reasoning (R). Read the statement and choose the most appropriate option:Assertion (A) Power sharing is good.Reason (R): It helps to reduce the possibility of conflicts between social groups.(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).(b) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).(c) Assertion (A) is true but Reason (R) is false.(d) Assertion (A) is false but Reason (R) is true.

Answer»

(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

42.

Two statements are given below as Assertion (A) and Reasoning (R). Read the statement and choose the most appropriate option:Assertion (A): Majority community is dominant in a few democratic statesReason (R) : Dominance can undermine the unity of the country,(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)(b) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A)(c) Assertion (A) is true but Reason (R) is false.(d) Assertion (A) is false but Reason (R) is true.

Answer»

(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

43.

NREGA was renamed with the name of:a) Indira Gandhi b) Rajiv Gandhi c) Mahatma Gandhi d) None of these

Answer»

NREGA was renamed with the name of Mahatma Gandhi .

44.

National Stock Exchange is located in:a) Mumbai b) Delhi c) Kolkata d) None of these

Answer»

National Stock Exchange is located in Mumbai.

45.

Which of the following is incorrect:a) WTO-Genevab) IMF-Washington D.C.c) World Bank-Washington D.C.d) None of these

Answer»

d) None of these

46.

From the folowing which is the incorrect statement about RD (Recurring Deposit)?a) Recurring Deposit accounts are normally allowed for maturities ranging from 6 months to 120 months b) These accounts can be opened in single or joint names c) Rate of Interest offered is similar to that in Fixed Deposits d) Interest is compounded on quarterly basis in recurring deposits e) None of these

Answer»

Rate of Interest offered is similar to that in Fixed Deposits is the incorrect statement about RD (Recurring Deposit).

47.

Unrestricted exchange of goods and services is called:a) Open Trade b) Independent Trade c) Free Trade d) None of These

Answer»

Unrestricted exchange of goods and services is called Free Trade.

48.

"Bank of Rajasthan" merged with which bank"a) Global Trust Bank b) ICICI Bank c) Axis Bank d) None of these

Answer»

 "Bank of Rajasthan" merged with  ICICI bank"

49.

From the following statements which is incorrect about NBFC?a) NBFC cannot accept demand deposits b) NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself; c) deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks. d) NBFC is a company that provide banking services without meeting the legal definition of a bank e) None of these

Answer»

e) None of these

50.

The Foreign Exchange Reserves of India are kept in the custody ofa) International Monetary Fund b) Reserve Bank of India c) State Bank of India d) None of these

Answer»

The Foreign Exchange Reserves of India are kept in the custody of Reserve Bank of India