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351.

A tax of Rs. 100 on the sale of every car is:

Answer»

A tax of Rs. 100 on the sale of every car is:


352.

Define commerce, why is it of great importance in modern life?

Answer»

Define commerce, why is it of great importance in modern life?


    353.

    Which of the following is not a monetary tool?

    Answer»

    Which of the following is not a monetary tool?


    354.

    Consider the following reaction sequence CaCl2 (aq) + CO2 (g) ----- CaCO3 (s) + 2HClCaCO3 (s) ------ CaO (s) + H2O (g) If the % yield of the 1st step is 80% and that of 2and step is 75% then what is the expected overall % yield for producing CaO from CaCl2 ?

    Answer» Consider the following reaction sequence
    CaCl2 (aq) + CO2 (g) ----- CaCO3 (s) + 2HCl
    CaCO3 (s) ------ CaO (s) + H2O (g)
    If the % yield of the 1st step is 80% and that of 2and step is 75% then what is the expected overall % yield for producing CaO from CaCl2 ?
    355.

    Dynamic functions of money are related to:

    Answer»

    Dynamic functions of money are related to:


    356.

    The utilisation of natural resources in a moderate manner to remaining something for the next generation is termed as___ .

    Answer»

    The utilisation of natural resources in a moderate manner to remaining something for the next generation is termed as___ .


    357.

    An ad valorem duty is a tax on the basis of:

    Answer»

    An ad valorem duty is a tax on the basis of:


    358.

    Q18. Consider the following statements about Privatisation: 1. Complete privatisation is a form of majority disinvestment wherein 100% control of the company is passed on to a buyer. 2. Improving public finances is one of the objectives of privatization. Which of the above statements are correct?

    Answer»

    Q18. Consider the following statements about Privatisation:

    1. Complete privatisation is a form of majority disinvestment wherein 100% control of the company is passed on to a buyer.

    2. Improving public finances is one of the objectives of privatization.

    Which of the above statements are correct?


    359.

    Consider the following statements with regards to Enforcement Directorate: Which of the above statement(s) is / are correct?

    Answer»

    Consider the following statements with regards to Enforcement Directorate:

    Which of the above statement(s) is / are correct?


    360.

    VAT is paid directly to the authorities, not by the consumer but indirectly by the supplier of the goods or services. So this falls under

    Answer»

    VAT is paid directly to the authorities, not by the consumer but indirectly by the supplier of the goods or services. So this falls under


    361.

    Mars Ltd. has Plant and Machinery whose written down value on 1st April, 2017 was ₹9,60,000 and on 31st March, 2018 was ₹10,50,000. Depreciation for the year was ₹35,000. In the beginning of the year, a part of plant was sold for ₹45,000 which had a written down value of ₹30,000.Calculate Cash Flow from Investing Activities

    Answer» Mars Ltd. has Plant and Machinery whose written down value on 1st April, 2017 was ₹9,60,000 and on 31st March, 2018 was ₹10,50,000. Depreciation for the year was ₹35,000. In the beginning of the year, a part of plant was sold for ₹45,000 which had a written down value of ₹30,000.

    Calculate Cash Flow from Investing Activities
    362.

    A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2 . Following is their Balance Sheet as at 31st March, 2018: Liabilities ₹ Assets ₹ Capital A/cs: Building 35,000 A 50,000 Machinery 25,000 B 30,000 80,000 Stock 15,000 Creditors 20,000 Debtors 15,000 Investments 5,000 Bank 5,000 1,00,000 1,00,000 C is admitted as a partner on 1st April, 2018 on the following terms:(a) C is to pay ₹ 20,000 as capital for 1/4th share. He also pays ₹ 5,000 as premium for goodwill.(b) Debtors amounted to ₹ 3,000 is to be written off as bad and a Provision of 10% is created against Doubtful Debts on the remaining amount.(c) No entry has been passed in respect of a debt of ₹ 300 recovered by A from a customer , which was previously written off as bad in previous year . The amount is to be paid by A.(d) Investments are taken over by B at their market value of ₹ 4,900 against cash payment .You are required to prepare Revaluation Account, Partner's Capital Accounts and new Balance Sheet

    Answer» A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2 . Following is their Balance Sheet as at 31st March, 2018:



















































































    Liabilities





    Assets





    Capital A/cs:





    Building



    35,000



    A



    50,000





    Machinery



    25,000



    B



    30,000



    80,000



    Stock



    15,000



    Creditors





    20,000



    Debtors



    15,000


    Investments 5,000
    Bank 5,000





    1,00,000





    1,00,000

















    C is admitted as a partner on 1st April, 2018 on the following terms:

    (a) C is to pay ₹ 20,000 as capital for 1/4th share. He also pays ₹ 5,000 as premium for goodwill.

    (b) Debtors amounted to ₹ 3,000 is to be written off as bad and a Provision of 10% is created against Doubtful Debts on the remaining amount.

    (c) No entry has been passed in respect of a debt of ₹ 300 recovered by A from a customer , which was previously written off as bad in previous year . The amount is to be paid by A.

    (d) Investments are taken over by B at their market value of ₹ 4,900 against cash payment .

    You are required to prepare Revaluation Account, Partner's Capital Accounts and new Balance Sheet
    363.

    ‘The world’s geological history is trapped in Antarctica.’ How is the study of this region useful to us?

    Answer»

    ‘The world’s geological history is trapped in Antarctica.’ How is the study of this region useful to us?

    364.

    Supposemarginal propensity to consume is 0.75 and there is a 20 per centproportional income tax. Find the change in equilibrium income forthe following (a) Government purchases increase by 20 (b) Transfersdecrease by 20.

    Answer»

    Suppose
    marginal propensity to consume is 0.75 and there is a 20 per cent
    proportional income tax. Find the change in equilibrium income for
    the following (a) Government purchases increase by 20 (b) Transfers
    decrease by 20.

    365.

    A Treasury Bill is basically

    Answer»

    A Treasury Bill is basically


    366.

    33. There are total 192 employes.64 of them are accountants.what is percent of accountants

    Answer» 33. There are total 192 employes.64 of them are accountants.what is percent of accountants
    367.

    Factor income from NDP accruing to public sector is equal to

    Answer»

    Factor income from NDP accruing to public sector is equal to


    368.

    SLR consists of Select the correct code:

    Answer»

    SLR consists of

    Select the correct code:


    369.

    1. Using differentials, find the approximate value of each ofthe following up to 3 places of decimal(i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix) (x) (xi) (xii) (xiii) (xiv) (xv)

    Answer»


    1. Using differentials, find the approximate value of each of
    the following up to 3 places of decimal



    (i) (ii) (iii)


    (iv) (v) (vi)


    (vii) (viii) (ix)


    (x) (xi) (xii)


    (xiii) (xiv) (xv)

    370.

    Briefly discuss the various commercial sources of energy.

    Answer»

    Briefly discuss the various commercial sources of energy.

    371.

    On 1st April, 2019, an existing firm had assets of ₹ 75,000 including cash of ₹ 5,000. Its creditors amounted to ₹ 5,000 on that date. The firm had a Reserve of ₹ 10,000 while Partners' Capital Accounts showed a balance of ₹ 60,000. If Normal Rate of Return is 20% and goodwill of the firm is valued at ₹ 24,000 at four years' purchase of super profit, find average profit per year of the existing firm.

    Answer» On 1st April, 2019, an existing firm had assets of ₹ 75,000 including cash of ₹ 5,000. Its creditors amounted to ₹ 5,000 on that date. The firm had a Reserve of ₹ 10,000 while Partners' Capital Accounts showed a balance of ₹ 60,000. If Normal Rate of Return is 20% and goodwill of the firm is valued at ₹ 24,000 at four years' purchase of super profit, find average profit per year of the existing firm.
    372.

    Which of the following is NOT true about the central bank?

    Answer»

    Which of the following is NOT true about the central bank?


    373.

    The APC can be defined as the fraction of a

    Answer»

    The APC can be defined as the fraction of a


    374.

    How are the external powers influencing bilateral relations in South Asia? Take any one example to illustrate your point.

    Answer» How are the external powers influencing bilateral relations in South Asia? Take any one example to illustrate your point.
    375.

    What is the difference between personal income and national income?

    Answer»

    What is the difference between personal income and national income?

    376.

    The idea of planning in India was drawn from(a) the Bombay plan(b) experiences of the Soviet bloc countries(c) Gandhian vision of society(d) Demand by peasant organisationsi. b and d onlyii. d and c onlyiii. a and b onlyiv. all the above

    Answer» The idea of planning in India was drawn from



    (a) the Bombay plan

    (b) experiences of the Soviet bloc countries

    (c) Gandhian vision of society

    (d) Demand by peasant organisations



    i. b and d only

    ii. d and c only

    iii. a and b only

    iv. all the above
    377.

    Average velocity arithmetic mean formula

    Answer» Average velocity arithmetic mean formula
    378.

    The major cause of ozone depletion is due to which chemical?

    Answer»

    The major cause of ozone depletion is due to which chemical?


    379.

    अधोलिखितानि कथनानि क:/का कं/कां प्रति कथयाति? क:/का कं/कां प्रति (क) मूर्ख वैद्य! अलं परिश्रमेण। -------------------- -------------------- (ख) कुत्र कुत्र रामिलक:। -------------------- -------------------- (ग) विषवेगा: शतम्‌। -------------------- -------------------- (घ) गुलिका: मया आनीता:। -------------------- -------------------- (ङ) इदम्‌ उदकम्‌। -------------------- -------------------- (च) अरे! प्रत्यागतप्राण: खलु भगवान्‌। -------------------- --------------------

    Answer»

    अधोलिखितानि
    कथनानि क
    :/का
    कं
    /कां
    प्रति कथयाति
    ?

























































    :/का



    कं/कां
    प्रति



    ()



    मूर्ख
    वैद्य
    !
    अलं
    परिश्रमेण।



    --------------------



    --------------------



    ()



    कुत्र
    कुत्र रामिलक
    :



    --------------------



    --------------------



    ()



    विषवेगा:
    शतम्‌।



    --------------------



    --------------------



    ()



    गुलिका:
    मया
    आनीता
    :



    --------------------



    --------------------



    ()



    इदम्‌
    उदकम्‌।



    --------------------



    --------------------



    ()



    अरे!
    प्रत्यागतप्राण:
    खलु
    भगवान्‌।



    --------------------



    --------------------



    380.

    From the following particulars, calculate Cash Flow from Investing Activities Particulars Purchased (₹) Sold (₹) Machinery 6,20,000 2,00,000 Investments 2,40,000 80,000 Goodwill 1,00,000 ... Patents ... 1,50,000 Additional Information:1. Interest received on debentures held as investment ₹ 8,000.2. Interest paid on debentures issued ₹ 20,000.3. Dividend received on shares held as investment ₹ 20,000.4. Dividend paid on Equity Share Capital ₹ 30,000.5. A plot of land was purchased out of the surplus funds for investment purposes and was let out for commercial use. Rent received ₹ 50,000 during the year.

    Answer» From the following particulars, calculate Cash Flow from Investing Activities
















































    Particulars


    Purchased (₹) Sold (₹)
    Machinery 6,20,000 2,00,000
    Investments 2,40,000 80,000
    Goodwill 1,00,000 ...
    Patents ... 1,50,000






    Additional Information:


    1. Interest received on debentures held as investment ₹ 8,000.


    2. Interest paid on debentures issued ₹ 20,000.


    3. Dividend received on shares held as investment ₹ 20,000.


    4. Dividend paid on Equity Share Capital ₹ 30,000.


    5. A plot of land was purchased out of the surplus funds for investment purposes and was let out for commercial use. Rent received ₹ 50,000 during the year.
    381.

    The propensity to save means

    Answer»

    The propensity to save means


    382.

    If I was the prime minister of the country, I will make economic growth, poverty eradication and tax reform my top priorities.

    Answer» If I was the prime minister of the country, I will make economic growth, poverty eradication and tax reform my top priorities.
    383.

    How did the construction of railways affect the structure of the Indian economy?

    Answer»

    How did the construction of railways affect the structure of the Indian economy?

    384.

    The following table gives the daily income of ten workers in a factory. Find the arithmetic mean.WorkersABCDEFGHIJDaily Income (in Rs)120150180200250300220350370260

    Answer»

    The following table gives the daily income of ten workers in a factory. Find the arithmetic mean.
































    Workers



    A



    B



    C



    D



    E



    F



    G



    H



    I



    J



    Daily Income (in Rs)



    120



    150



    180



    200



    250



    300



    220



    350



    370



    260




    385.

    Find out the appropriate word which fits the 10th blank.

    Answer»

    Find out the appropriate word which fits the 10th blank.


    386.

    According to RBI, ___ is defined as the amount of cash the bank keeps as a percentage of the total deposits.

    Answer»

    According to RBI, ___ is defined as the amount of cash the bank keeps as a percentage of the total deposits.


    387.

    If Earth had no greenhouse gases, the planet would be ___?

    Answer»

    If Earth had no greenhouse gases, the planet would be ___?


    388.

    Define the following terms (a) Disinvestment (b) Devaluation (c ) Outsourcing OR (a) IMF (b) WTO (c ) IBRD

    Answer»

    Define the following terms

    (a) Disinvestment

    (b) Devaluation

    (c ) Outsourcing

    OR

    (a) IMF (b) WTO (c ) IBRD

    389.

    What are the components of the ASEAN Vision 2020?

    Answer» What are the components of the ASEAN Vision 2020?
    390.

    "School dropouts are giving way to child labour". Discuss how this a loss to human capital.

    Answer»

    "School dropouts are giving way to child labour". Discuss how this a loss to human capital.

    391.

    What do you mean by the MDM scheme, and what are its objectives?

    Answer» What do you mean by the MDM scheme, and what are its objectives?
    392.

    The RBI is regularly revising upwards the repo & reverse repo rates. Why is this being resorted to?

    Answer»

    The RBI is regularly revising upwards the repo & reverse repo rates. Why is this being resorted to?


    393.

    The three-dimensional attack on poverty adopted by the government has not succeeded in poverty alleviation in India. Comment.

    Answer»

    The three-dimensional attack on poverty adopted by the government has not succeeded in poverty alleviation in India. Comment.

    394.

    What is the government budget? Why is it needed?

    Answer»

    What is the government budget? Why is it needed?

    395.

    An increase in government expenditure is likely to have a greater impact on national output than a reduction in taxes. Which of the following could be reasons for this?

    Answer»

    An increase in government expenditure is likely to have a greater impact on national output than a reduction in taxes. Which of the following could be reasons for this?


    396.

    Which of the following statements does not clearly distinguish between entrepreneurship and management?(a) Entrepreneurs found the business; managers operate it(b) Entrepreneurs are the owners of their business; managers are employees(c) Entrepreneurs earn profits; managers earn salaries(d) Entrepreneurship is once for all activity; management is a continuous activity

    Answer»

    Which of the following statements does not clearly distinguish between entrepreneurship and management?



    (a) Entrepreneurs found the business; managers operate it



    (b) Entrepreneurs are the owners of their business; managers are employees



    (c) Entrepreneurs earn profits; managers earn salaries



    (d) Entrepreneurship is once for all activity; management is a continuous activity

    397.

    Describe the meaning of 'Debenture Issued as Collateral Securities. What accounting treatment is given to the issue of debentures in the books of accounts?

    Answer»

    Describe the meaning of 'Debenture Issued as Collateral Securities. What accounting treatment is given to the issue of debentures in the books of accounts?

    398.

    If the multinational companies outsource many services to countries like India because of cheap manpower, what will happen to people living in the countries where the companies are located? Identify the value being violated by the multinational companies.

    Answer»

    If the multinational companies outsource many services to countries like India because of cheap manpower, what will happen to people living in the countries where the companies are located? Identify the value being violated by the multinational companies.

    399.

    ___ comprises the fundamental facilities and systems serving a country, city or enterprise, including the services and facilities necessary for the economy and society to function.

    Answer»

    ___ comprises the fundamental facilities and systems serving a country, city or enterprise, including the services and facilities necessary for the economy and society to function.

    400.

    Prove that

    Answer»

    Prove that