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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. |
Write the full form of the logo shown in the above picture. |
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Answer» Indian Standard Institute |
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| 2. |
Most strong mu receptor agonists cause: a) Hypertension b) Increasing the pulmonary arterial pressure and myocardial work c) Cerebral vasodilatation, causing an increase in intracranial pressure d) All of the above |
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Answer» c) Cerebral vasodilatation, causing an increase in intracranial pressure |
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| 3. |
How does hypertension cause damage to Eyes and B rain? |
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Answer» 1. Damage to Eyes: bleeding in the eyes, blurred vision and complete loss of vision. 2. Damage to Brain: Dementia, stroke. |
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| 4. |
What do you understand by the concept of entrepreneurship? |
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Answer» 1. Entrepreneurship as the process of designing, launching and running a new business, which is often initially a small business 2. Entrepreneurs follow a basic process of entrepreneurship to kick start their ventures. |
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| 5. |
How does hypertension cause damage to Eyes and Brain? |
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Answer» Damage to Eyes: Bleeding in the eyes, blurred vision and complete loss of vision. Damage to Brain: Dementia, stroke |
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| 6. |
What do you understand by concept of entrepreneurship? |
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Answer» 1. entrepreneurship as the process of designing, launching and running a new business, which is often initially a small business 2. Entrepreneurs follow a basic process of entrepreneurship to kick start their ventures. |
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| 7. |
How many parts of speech are there? |
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Answer» Noun, pronoun, adjective, verb, adverb, preposition, conjunction, and interjection. |
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| 8. |
Dependable, responsible are part of __________ Personality Trait as per big 5 personality trait a) Emotional Stability b) Conscientious c) Openness to experience d) Introversion |
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Answer» b) Conscientious |
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| 9. |
Trust, nature, cooperative are part of __________ Personality Trait as per big 5 personality trait a) Agreeableness b) Emotional Stability c) Openness to experience d) Introversion |
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Answer» a) Agreeableness |
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| 10. |
____is a condition marked by an overreliance on other people to meet one's emotional and physical needs. a) Dependent physical disorder. b) Dependent personality disorder. |
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Answer» Dependent personality disorder is a condition marked by an overreliance on other people to meet one's emotional and physical needs. |
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| 11. |
What are the Big 5 Personality traits? |
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Answer» Extraversion: Agreeableness Conscientiousness Emotional stability Openness to experience |
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| 12. |
The five personality traits as per Big Five Personality Traits are a) Extroversion, Agreeableness, Conscientious, Emotional Stability, Openness to experience b) Extroversion, Agreeableness, Friendly, Emotional Stability, Openness to experience c) Extroversion, Agreeableness, Courage, Friendly, Openness to experience d) Extroversion, Agreeableness, Conscientious, Emotional Stability, Easy going |
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Answer» a) Extroversion, Agreeableness, Conscientious, Emotional Stability, Openness to experience |
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| 13. |
Which of the following personality trait fall in the Big Five popular personality classification:? a) Gregarious b) Avoidant c) Borderline d) Obsessive |
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Answer» Correct option: a) Gregarious |
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| 14. |
____is a condition marked by an overreliance on other people to meet one's emotional and physical needs. |
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Answer» Dependent personality disorder is a condition marked by an overreliance on other people to meet one's emotional and physical needs. |
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| 15. |
Net Assets minus Capital Reserve is:(A) Purchase consideration(B) Goodwill(C) Total assets(D) Liquid assets |
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Answer» Correct answer is: (A) Purchase consideration |
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| 16. |
ASSERTION: Sec2(62) of the Companies Act, 2013 defines One person company as “One person company means a company which has only one person as member” REASON: It can be formed for charitable purpose also.(i) Both A and R are correct (ii) Both A and R are in correct (iii) A is correct but R is not correct explanation of A (iv) A is incorrect by R is correct. |
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Answer» (iii) A is correct but R is not correct explanation of A |
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| 17. |
This personality disorder is marked by an overreliance on other people to meet one’s emotional and physical needsa) Dependent b) Obsessive c) Avoidant d) Borderline |
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Answer» Correct option: a) Dependent |
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| 18. |
As per Section 52 of Companies Act 2013, Securities Premium Reserve cannot be utilised for:(A) Writing off capital losses.(B) Issue of fully paid bonus shares.(C) Writing off discount on issue of securities.(D) Writing off preliminary expenses. |
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Answer» Correct answer is: (A) Writing off capital losses. |
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| 19. |
According to Section 52 of the Companies Act, the amount in the Securities Premium Account cannot be used for the purpose of: (a) Issue of fully Paid Bonus Shares (b) Writing Off Losses of the Company (c) Writing off Preliminary Expenses (d) Writing Off Commission or Discount on Issue of Shares |
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Answer» Correct option is (b) Writing Off Losses of the Company |
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| 20. |
According to Section 52 of the Companies Act, the amount in the Securities Premium Account cannot be used for the purpose of: (a) Issue of fully Paid Bonus Shares (b) Writing Off Losses of the Company (c) Writing off Preliminary Expenses (d) Writing Off Commission or Discount on Issue of Shares. |
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Answer» (b) Writing Off Losses of the Company |
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| 21. |
ASSERTION: According to sec 42 of the companies act, 2013, private placement means any offer of securities or invitation to subscribe to a selected group of persons. REASON: Employees Stock Option Plan is also a type of private placement of shares.(i) Both A and R are correct (ii) Both A and R are in correct (iii) A is correct but R is not correct (iv) A is incorrect by R is correct |
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Answer» (iii) A is correct but R is not correct |
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| 22. |
ASSERTION: Reserve capital is part of issued share capital that a company resolves not to call except in the event of it being wound up. REASON: Reserve capital is the part of issued capital which is shown in the Balance Sheet of the company. (i) Both A and R are correct (ii) Both A and R are in correct (iii) A is correct but R is incorrect (iv) A is incorrect by R is correct. |
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Answer» (iii) A is correct but R is incorrect |
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| 23. |
Basic Personality traits. a) Emotional stability.b) Anti-social. c) Avoidant. d) Living in the present. |
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Answer» Correct option: a) Emotional stability |
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| 24. |
Enumerate any four basic personality traits. |
Answer»
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| 25. |
Write any two Basic personality traits. |
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Answer» Extraversion, Agreeableness, Conscientiousness, Emotional stability, Openness to experience |
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| 26. |
ASSERTION: Reserve capital is part of issued share capital that a company resolves not to call except in the event of it being wound up.REASON: Reserve capital is the part of issued capital which is shown in the Balance Sheet of the company. (i) Both A and R are correct (ii) Both A and R are in correct (iii) A is correct but R is incorrect (iv) A is incorrect by R is correct. |
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Answer» Correct option is (iii) A is correct but R is incorrect |
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| 27. |
ASSERTION: Section 52(2) of the Companies Act,2013 restricts the use of the amounts received as share premium on securities for specified purposes.REASON: Securities premium reserve can be used to write off preliminary expenses of the company.(i) Both A and R are correct (ii) Both A and R are in correct (iii) A is correct but R is not correct explanation of A (iv) A is incorrect by R is correct |
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Answer» Correct option is (i) Both A and R are correct |
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| 28. |
ASSERTION: According to Sec 39(2) of the Companies Act, 2013, minimum application money should be 5% of the nominal (face) value of the share or such other percentage or amount as may be prescribed by Securities Exchange Board of India(SEBI)REASON: SEBI prescribes that application money should not be less than 25% of the issue price.(i) Both A and R are correct (ii) (ii) Both A and R are in correct (iii) A is correct but R is not correct explanation of A (iv) A is incorrect by R is correct. |
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Answer» (iii) A is correct but R is not correct explanation of A |
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| 29. |
What should be the basic personality traits in an individual? |
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Answer» Extraversion – Assertive and socialable Agreeableness – cooperative, warm, and agreeable Conscientiousness –Hardworking, organized and dependable Emotional stability – calm, self confident and cool |
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| 30. |
ASSERTION: According to Sec 39(2) of the Companies Act, 2013, minimum application money should be 5% of the nominal (face) value of the share or such other percentage or amount as may be prescribed by Securities Exchange Board of India(SEBI)REASON: SEBI prescribes that application money should not be less than 25% of the issue price. (i) Both A and R are correct (ii) (ii)Both A and R are in correct (iii) A is correct but R is not correct explanation of A (iv) A is incorrect by R is correct. |
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Answer» Correct option is (iii) A is correct but R is not correct explanation of A |
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| 31. |
Assertion (A):The amount credited to calls in advance was Rs.1,500Reason (R):If authorized by Articles of Association, A Company may accept call in advance from its shareholders.(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation ofAssertion (A)(B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanationof Assertion (A)(C) Assertion (A) is true but Reason (R) is false.(D) Assertion (A) is false but Reason (R) is true. |
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Answer» Correct option is (B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A) |
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| 32. |
ASSERTION: Underwriters usually agrees for commission to take shares not subscribed by the public. REASONING: The cash / shares paid to the underwriters should be written off in the year from Securities premium Reserve or Statement of Profit and loss.(i) Both A and R are correct (ii) Both A and R are in correct (iii) A is correct but R is not correct explanation of A (iv) A is incorrect by R is correct. |
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Answer» (i) Both A and R are correct |
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| 33. |
ASSERTION: Underwriters usually agrees for commission to take shares not subscribed by the public.REASONING: The cash / shares paid to the underwriters should be written off in the year from Securities premium Reserve or Statement of Profit and loss. (i) Both A and R are correct (ii) Both A and R are in correct (iii) A is correct but R is not correct explanation of A (iv) A is incorrect by R is correct. |
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Answer» Correct option is (i) Both A and R are correct |
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| 34. |
There are five general traits or personality characteristics each of which is viewed as a continuum along which every individual, or more specifically, every manager falls within. Research and discuss with the use of examples each of these FIVE (5) characteristics that managers predominantly fall within. |
Answer»
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| 35. |
Bankim Chandra wrote Raj Mohan's wife, the first Indian novel in English in |
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Answer» Rajmohan's Wife, published in 1864 by Bankimchandra Chattopadhyay (1838–94), is generally regarded as the first Indian novel in English, significant not only because its author was the greatest Bengali novelist of the nineteenth century but also because it speaks to an emergent genre in the literature of colonial modernity. |
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| 36. |
Angel Ltd. a stock broker, purchased 5,000 shares of Tata Housing Ltd. It isA. Operating ActivitiesB. Investing ActivitiesC. Financing ActivitiesD. None of these |
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Answer» Correct Answer - B Investing Activities |
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| 37. |
Tools of financial analysis are(a) Ratio analysis(b) Trend analysis(c) Comparative analysis(d) All of the above |
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Answer» (d) All of the above |
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| 38. |
__________ is very useful in making a comparative study of the financial statements of several years. A. Common size balance sheet B. Trend analysis C. Comparative balance sheet D. Profit and loss account |
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Answer» B. Trend analysis |
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| 39. |
While preparing Common -size Balance Sheet, each item of Balance Sheet is expressed as % ofA. Current AssestB. Non-current AssetsC. Non-current LiabilitiesD. Total Assets |
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Answer» Correct Answer - d Total Assets |
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| 40. |
Which technique of financial analysis shows a comparative study of item or components of financial statements for two or more years ?A. Common-size StatementB. Ratio AnalysisC. Comparative StatementD. None of these |
| Answer» Comparative Statement | |
| 41. |
Which one of the following is not a tool of financial analysis? A. Trend percentages B. common size statement analysis C. comparative financial analysis D. budgeting |
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Answer» Correct option is D. budgeting |
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| 42. |
Under which tool of financial analysis, 100% is taken as base and all other related figures are expressed as a percentage of base ?A. Comparative StatementB. Common-size StatementC. Ratio AnalysisD. None of these |
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Answer» Correct Answer - b Common-size Statement |
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| 43. |
Comparison of actual values of one firm with those of another firm belonging to the same industry isA. Inter-firm ComparisonB. Intra-firm comparisonC. Pattern ComparisonD. None of these |
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Answer» Correct Answer - a Inter-firm Comparison |
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| 44. |
The Excess amount which the firm can get on selling its assets over and above the saleable value of its assets while business purchases is called :a. Surplus b. Super profits c. Resereve d. Goodwill |
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Answer» Correct option is d. Goodwill |
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| 45. |
The Excess amount which the firm can get on selling its assets over and above the saleable value of its assets while business purchases is called :a. Surplus b. Super profits c. Reserve d. Goodwill |
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Answer» Correct option is d. Goodwill |
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| 46. |
Assertion(A): Assets and liabilities are revalued when there is change in profit sharing ratio of existing partners Reason (R): It is to ensure that no partner is at an advantage or disadvantage due to change in the value of assets and liabilities a. Both A and R are correct and R is the correct explanation of A. b. Both A and R are correct but R is not the correct explanation of A. c. A is correct but R is wrong d. A is wrong but R is correct |
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Answer» a. Both A and R are correct and R is the correct explanation of A. |
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| 47. |
Assertion (A): When there is a change in profit sharing ratio of existing partners then the assets and liabilities of the firm are revalued.Reason (R): They are revalued because if there is any change in the value of assets and liabilities then such change belongs to the period prior to change in profit sharing ratio a. Both A and R are correct b. Both A and R are incorrect c. A is true but R is not correct explanation of A d. A is incorrect but R is correct |
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Answer» Correct option is a. Both A and R are correct |
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| 48. |
Assets are revalued and liabilities are reassessed at the time of change in profit-sharing ratio so thatA. assets and liabilities are shown at their present valueB. gaining partner is not put to an advantage and sacrificing partner is not put to disadvantage and vice versaC. Both (a) and (b)D. None of the above |
| Answer» gaining partner is not put to an advantage and sacrificing partner is not put to disadvantage and vice versa | |
| 49. |
Which of the following factors decreases the value of goodwill ?A. Favourable LocationB. Favourable ContractsC. Customer SatisfactionD. Continuously incurring losses |
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Answer» Correct Answer - D Continuously incurring losses |
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| 50. |
In the event of change in profit -sharing ratio, Investments Fluctuation Reserve |
| Answer» is debited by the amount of fall in value of investments | |