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. |
differences between simple linear regression and multiple linear regression |
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Answer» Linear regression is one of the most common techniques of regression analysis. It is also called a simple linear regression. It establishes the relationship between two variables using a straight line. Linear regression attempts to draw a line that comes closest to the data by finding the slope and intercept that define the line and minimize regression errors. Multiple regression is a broader class of regressions that encompasses linear and nonlinear regressions with multiple explanatory variables. It is rare that a dependent variable is explained by only one variable. In this case, an analyst uses multiple regression, which attempts to explain dependent variable using more than one independent variable. Multiple regressions can be linear and nonlinear. |
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| 2. |
Write the two broad categories of POS system. |
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Answer» There are two broad categories of POS systems:
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| 3. |
Find the cube root of 195112?1. 382. 583. 784. 48 |
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Answer» Correct Answer - Option 2 : 58 Given: The given number = 195112 Concept: Calculation skills trick Calculation: Step(1): First, we will take the digit at the unit’s place. At the unit place, we have 2. Step(2): Now consider the cube table, the cube of which number has 2 as at the unit digit place. We see, 8 x 8 x 8 = 512. Step(3): That means the cube root of 195112 will have 8 at the unit place. Step(4): Now ignore the last 3 digits of 195112, i.e. 112 Step(5): Taking 195 as a reference number, we can see from the cubes table 195 lies between cubes of 5 and 6. Step(6): Here, we choose the lower number i.e. 5 ∴ We get the two digit of the answer ∴ Cube root of 195112 = 58 |
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| 4. |
A shopkeeper marks his goods at such a price that he can reduce 25% for cash and yet make 20% profit. Find the marked price of an item which costs him Rs. 750.1. Rs. 22502. Rs. 12003. Rs. 17004. Rs. 15005. None of the above |
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Answer» Correct Answer - Option 2 : Rs. 1200 Given: Reduction price = 25% C.P. = 100 Formula used: C.P. : M.P. = (100 - discount) : (100 + Profit) Calculations: Here, discount = 25% ⇒ Profit = 20% According to formula ⇒ C.P./M.P. = (100 - 25)/(100 + 20) ⇒ Here, if 75 = 750 ⇒ Then, 120 = 1200 ∴ M.P. is Rs. 1200 |
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| 5. |
Find the single equivalent discount to successive discount of 23% and 46%.1. 58.42%2. 34.56%3. 54.56%4. 12.56% |
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Answer» Correct Answer - Option 1 : 58.42% Given: Successive discounts = 23% and 46% Formula used: When two successive discounts a and b are given, then single discount is calculated as follows ∶ Single discount = [a + b – (ab/100)]% Calculation: Single discount = [a + b – (ab/100)]% ⇒ [23 + 46 – (23 × 46/100)]% ⇒ [69 – 10.58]% ⇒ 58.42% ∴ The single equivalent discount is 58.42%. |
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| 6. |
A person allows a 10% discount for each payment from the marked price of a toy and still he makes a 10% gain. What is the cost price of the toy which is marked Rs. 770?1. Rs. 6102. Rs. 6203. Rs. 6304. Rs. 640 |
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Answer» Correct Answer - Option 3 : Rs. 630 Given Marked price of toy = Rs 770 Discount percent = 10% Formula used Marked price : cost price = 100 + profit% : 100 - discount% Calculation ⇒ Marked price : Cost price = 110 : 90 = 11 : 9 ⇒ Marked price = Rs 770 ⇒ 11x = 770 ⇒ x = 70 ⇒ Cost price of toy = 9x = 9 × 70 = Rs 630 ∴ the cost price of a toy is Rs 630 |
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| 7. |
What are the main objectives of Accounting? |
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Answer» Objectives of Accounting The following are the main objectives of accounting: 1. To maintain the records of a business as Book-keeping. 2. To ascertain Profit or Loss 3. To ascertain Financial Position 4. To communicate financial information |
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| 8. |
State the advantages of Telemarketing. |
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Answer» Benefits of using Telemarketing
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| 9. |
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R):Assertion (A): A high operating ratio indicates a favourable position. Reasoning (R): A high operating ratio leaves a high margin to meet non-operating expenses. In the context of the above two statements, which of the following is correct?Code: (A) (A) and (R) both are correct and (R) correctly explains (A).(B) Both (A) and (R) are correct but (R) does not explain (A).(C) Both (A) and (R) are incorrect.(D) (A) is correct but (R) is incorrect. |
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Answer» Correct answer is: (C) Both (A) and (R) are incorrect. |
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| 10. |
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R):Assertion (A): Increasing the value of closing inventory increases profit.Reason (R): Increasing the value of closing inventory reduces cost of goods sold.In the context of the above two statements, which of the following is correct?(A) Both (A) and (R) are correct and (R) is the correct reason of (A).(B) Both (A) and (R) are correct but (R) is not the correct reason of (A).(C) Only (R) is correct.(D) Both (A) and (R) are wrong. |
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Answer» Correct answer is: (A) Both (A) and (R) are correct and (R) is the correct reason of (A). |
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| 11. |
What is computerised accounting system? |
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Answer» It is an accounting information system that processes the financial transaction and events as per GAAP. |
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| 12. |
तीन सख्याओ का अनुपात `3:2:5` है और उनके वर्गों का योग 1862 है, तो सबसे छोटी ज्ञात करे ?A. 24B. 21C. 14D. 35 |
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Answer» Correct Answer - C `{:("A : B : C"),("3 : 2 : 5"):}` N20`3x:2x:5x` `:. A^(2)+B^(2)+C^(2)=(3x)^(2)+(2x)^(2)+(5x)^(2)` `9x^(2)+4x^(2)+25x^(2)=38x^(2)` `rArr 38 x^(2)=1862` `x^(2)=(1862)/(38)rArr(931)/(19)rArr49` `x=7` `:. A=3xx7-21` `B=2xx7=14` `C = 5 xx 7 = 35` Hence, smallest is 14 (न्यूनतम 14 है). |
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| 13. |
State any two types of computers. |
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Answer» The types of computer are: 1. Super Computer 2. Main Frame Computer 3. Mini Computer 4. Micro Computer. |
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| 14. |
Which of the following statements are false?a) When all the comparative figures in a balance sheet are stated as percentage of the total, it is termed as horizontal analysis. b) When financial statements of several years are analysed, it is termed as vertical analysis. c) Vertical Analysis is also termed as time series analysis.Choose from the following options:(A) Both (a) and (b)(B) Both (a) and (c)(C) Both (b) and (c)(D) All three (a), (b), (c) |
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Answer» Correct answer is: (D) All three (a), (b), (c) |
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| 15. |
What is an accounting cycle |
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Answer» The accounting cycle is a collective process of identifying, analyzing, and recording the accounting events of a company. It is a standard 8-step process that begins when a transaction occurs and ends with its inclusion in the financial statements. |
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| 16. |
What is Adjusted closing capital under Single Entry system? |
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Answer» Under single entry system adjusted capital means, closing capital adjusted with drawings and additional capital called adjusted capital [Closing capital + Drawings – Additional Capital = Adjusted Capital]. |
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| 17. |
What will be the amount of gross profit of a firm if its average inventory is ₹80,000, Inventory turnover ratio is 6 times, and the Selling price is 25% above cost?(A) ₹1,20,000.(B) ₹1,60,000.(C) ₹2,00,000.(D) None of the above. |
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Answer» Correct answer is: (A) ₹1,20,000. |
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| 18. |
What is Bills Payable? |
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Answer» A bill which is accepted by a party and for which he has to pay money called bills payable. Bills payable is a liability. |
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| 19. |
What is Trial balance? |
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Answer» Trial balance is the list of all debit and credit balances of accounts taken out from the ledger at a given period. |
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| 20. |
What are contra entries? |
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Answer» A single transaction entering both the side of two or three column cash book called contra entries. |
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| 21. |
Classify the English system of account. |
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Answer» The three types of accounts under English system are:
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| 22. |
What is cost concept? |
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Answer» An assets acquired by a concern is recorded in the books of accounts at cost called cost concept. |
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| 23. |
In Trial Balance- is Rent payable on debit or credit side? |
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Answer» However, the Rent payable is appearing in credit side of Trial balance. |
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| 24. |
Find the value of tan 105 degree |
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Answer» The value of tan 105° is -2 - √3 or -3.7321 (approx). |
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| 25. |
What are the measures taken to curb the problem of corruption |
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Answer» however just as elsewh in the world the negative effects of corruption are the same it reduces foreign direct and domestic investments increases inequality and poverty raises the number of freeloaders (renters free riders) in the economy distorts and exploits public investments and reduces public revenues
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| 26. |
Consider a parabola `y=Ax^(2)+B, -x_(0) le x le x_(0)`. If this curve is rotated about y axis, we get a paraboloid surface. The volume below this surface & above x–z plane is given by `V=(piAx_(0)^(4))/2+piBx_(0)^(2)=("volume of cylinder ABCD")/2+"Volume of cylinder CDEF"` Use the above result to answer following question. If the cylinder of previous problem was completely filled, then the minimum angular velocity at which base may be visible is.A. `sqrt((gh)/(a^(2)))`B. `sqrt((2gh)/(a^(2)))`C. `sqrt((gh)/(2a^(2)))`D. `sqrt(4/3(gh)/(a^(2)))` |
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Answer» `y=(omega^(2)x^(2))/(2g)` `h=(omega^(2)a^(2))/(2g)` `omega=sqrt((2gh)/(a^(2)))` |
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| 27. |
What is Electrowinning |
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Answer» Electrowinning is a widely used technology in modern metal recovery, mining, refining, and wastewater treatment applications. |
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| 28. |
show the straight line x-2y+3=0 6x+3y+8=0 are perpendicular |
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Answer» Given straight lines are x - 2y + 3 = 0 ⇒ 2y = x+3 ⇒ y = x/2 + 3/2 .......(1) And 6x+3y+8 = 0 ⇒ 3y = -6x - 8 ⇒ y = -2x - 8/3 ........(2) The slope of line (1) is m1 = 1/2 (By comparing equation y = mx + c) And slope of line (2) is m2 = -2 We obsened that m1 m2 = 1/2 x -2 = -1 which is condition that both lines are pependicular. Hence, given lines are pependicular to each other. |
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| 29. |
The equivalent mass of KMnO4 in alkaline medium is |
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Answer» In acidic medium the number of electrons involved are 5. Mno4 + 8H+ + 5e– → Mn2+ + 4H2O Eq. mass of KMnO4 = 158/ 5 =31.6 In basic medium the number of electrons involved are 3. Mno4 + 2H2O+ + 3e– → MnO2 + 4OH- Eq. mass of KMnO4 = 158/ 3 = 52.7 Equivalent mass of KMnO4 in acidic and alkaline medium is 31.6 and 52.7 respectively. |
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| 30. |
find the equation of the straight line passing through the point ( 2,-1) and making angle of 135 with line x-3y-2=0 |
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Answer» Let the slope of the required line is m1 Given line is x - 3y - z = 0 ⇒ 3y = x - z ⇒ y = 1/3 (x-2) = 1/3 x - 2/3 Hence, the slope of given line is m2 = 1/3 Given that angle betwen both lines is 135. Therefore, tan 135° = \(\frac{m_1-m_2}{1+m_1m_2}\) ⇒ m1 - m2 = (-1) (1+m1m2) (∵ tan 135° = tan (90°+45°) = -cot 45° = -1) ⇒ m1 - 1/3 = -1 (1 + 1/3 m1) (∵ m2 = 1/3) ⇒ m1 + 1/3 m1 = -1 + 1/3 ⇒ 4/3 m1 = -2/3 ⇒ m1 = -2/4 = -1/2 Thus, the slope of required line is m1 = -1/2. Since, given that line is passing through point (2, -1) Therefore, equation of line is y - (-1) = m1 (x-2) ⇒ y+1 = -1/2 (x-2) (∵ m1 = -1/2) ⇒ 2y+2 = -x+2 ⇒ x+2y = 0 Hence, the equation of required line is x + 2y = 0 |
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| 31. |
The antibody which is immediately formed after an infection is |
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Answer» Immunoglobulin G, or IgG, antibodies are produced 7 to 14 days after infection. |
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| 32. |
Let A={1,2,3,4,.........,n} and B={a,b}.Then the number of surjective functions from A to B is(a) ^nP2 (b)2n-2 (c)2n-1 (d)NOT |
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Answer» A={1,2,3,......n} B={a,b} A has n elements B has 2 elements number of surjection is 2n−2 So, option (b) is correct
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| 33. |
Calculate the amount of heat energy when temp. of 50 gm. metal piece is increased by 13oC (specific heat of metal = 390J/kg/oC): |
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Answer» the formula for this question is H=MCdT substituting values, H=0.05*13*390=253.5J |
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| 34. |
If the set A contains 5 elements and the set B contains 6 elements, then the number of one-one and onto mappings from A to B is(a)720 (b)120 (c)0 (d)NOT |
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Answer» Answer: A contains 5 elements B contains 6 elements Since number of elements in B is more than A there cannot be any one-one and onto mapping from A to B So, the correct answer is (c) i.e 0 |
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| 35. |
a) 5 |
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Answer» Solution: We have given that point let A(1,2) and point B(3,4) and the equation is 3x-4y+a = 0 putting both values of A and B in LHS of equation, we get 3*1-4*2+a = 0 --------(1) a = 5 3*3-4*4+a = 0 ------------(2) a = 7 From both equation we get the values of a a =5 and a= 7 So the correct answer is (b) |
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| 36. |
If the pair of linear equations in two variables are inconsistent then how many solutions do they have |
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Answer» If a pair of linear equations in two variables is inconsistent then they have no solution. |
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| 37. |
Using Graeffe's root-squaring method, find real roots of the equation \( x^{3}-6 x^{2}+11 x-6=0 \)Turn Over |
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Answer» x3 −6x+11x−6=0 Put X=1 1−6+11−6=0 1 is root of equation, so (x−1) is factor of x3 −6x2 +11x−6 x2 −5x+6=0 (x−3)(x−2)=0 x=2,3 root of cubic equation =1,2,3 |
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| 38. |
prove sin-1 2x root (1-x2) = 2sin-1x |
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Answer» Given LHS = sin-1 (2x - √ (1 – x2)) Let x = sin θ = sin-1 (2sin θ √ (1 – sin2 θ)) We know that 1 – sin2 θ = cos2 θ = sin-1 (2 sin θ cos θ) = sin-1 (sin2 θ) = 2θ = 2 sin-1 x = RHS ∴ sin-1 (2x - √ (1 – x2)) = 2 sin-1 x |
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| 39. |
1+tan60°+tan30°%tan60°+tan30° |
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Answer» 1+ tan 60° + tan 30° x tan 60° + tan 30° = (1 + tan 30°) (1 + tan 60°) = (1 + tan 30°) (1 + cot 30°) .....(1) (∵ tan (90 - θ) = cot θ) If you are asking for values the put tan 30° = \(\frac{1}{\sqrt 3}\) & cot 30° = \(\sqrt{3}\) ∴ 1+ tan 60° + tan 30° x tan 60° + tan 30° = (1 + \(\frac{1}{\sqrt 3}\)) (1 + \(\sqrt{3}\)) (From (1)) = \(\frac{(\sqrt3+1)^2}{\sqrt3}\) = \(\frac{3+1+2\sqrt3}{\sqrt3}\) = \(\frac{4}{\sqrt 3}\) + 2 |
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| 40. |
Enumerate main objectives of accounting. |
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Answer» Objectives of accounting in any business are; systematically record transactions, sort and analyzing them, prepare financial statements, assessing the financial position, and aid in decision making with financial data and information about the business. |
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| 41. |
Admission of partners feature |
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Answer» 1. Two or More Persons 2. Agreement 3. Lawful Business 4. Registration 5. Profit Sharing 6. Agency Relationship 7. Unlimited Liability 8. Not a Separate Legal Entity 9. Transfer of Interest 10. Mutual Trust and Confidence 11. Number of Partners 12. Profit Sharing 13. Principal-Agent Relationship 14. Joint Ownership 15. Ownership and Control 16. Registration 17. Duration 18. Capital and a Few Others. |
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| 42. |
application of derivatives |
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Answer» The derivative is defined as something which is based on some other thing. In Mathematics, Derivative is an expression that gives the rate of change of a function with respect to an independent variable. Derivatives have various applications in Mathematics, Science, and Engineering. We’ll learn about these application of derivatives in the topics below.
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| 43. |
What is ‘Capital Reserve’? |
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Answer» Capital Reserve is a reserve that is created out of capital profits i.e. gains or profits arising from other than the normal activities of business operations i.e. activities other than sale or purchase of goods and services. This reserve is utilised to meet future capital losses, if any, and to issue bonus shares. It cannot be distributed as dividend among the shareholders. |
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| 44. |
State any one feature of partnership. |
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Answer» Nature of the business/Profit or loss sharing ratio. |
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| 45. |
Receipt and payment account is a summary of all capital receipts and payments (state true / false) |
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Answer» False. Receipt and payment account is a summary of all capital receipts and payments. |
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| 46. |
State any two types of Joint Stock Company. |
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Answer» 1. Public company 2. Private company. |
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| 47. |
give two circumstances in which the fixed capitals of paratners may change . |
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Answer» Two circumstances in which the fixed capital of Partners may change are : i) When additional capital is introduced by the Partners. ii) When a part of the capital is permanently withdrawn by the Partners. |
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| 48. |
State the two methods of maintaining capital Accounts of partners . |
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Answer» 1) Fixed Capital Method 2) Fluctuating Capital Method |
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| 49. |
under which capital Account Mrthod ,Current Accounts of partners are not maintained ? |
| Answer» Fluctuating Capital Method | |
| 50. |
under which capital account Method ,Currect accounts of parners are maintained ? |
| Answer» Fixed Capital Method | |