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.

Which accounts (Khatas) are useful to ascertain the profit or loss of the business?(a) Kacha Khatas(b) Paka Khatas(c) Personal Khatas(d) Assets Khatas

Answer»

Correct option is (a) Kacha Khatas

2.

What is meant by Kothali Chhodamani?

Answer»

Many a time, the shroff deducts a certain amount, while lending the money to a customer. This amount is known as Kothali Chhodamani.

3.

What is the other name of Upartapke Rakam?

Answer»

The amount of Upartapke is also known as ‘Haath Uchhini’ amount.

4.

What is ‘Paka Khata’?

Answer»

The Khatas or accounts, which are not closed at the end of the year but the balances are carried forward for the next year, are called ‘Paka Khata’.

5.

What is meant by Kartak Sud 5 (Pancham)?(a) Vasant Panchami(b) Nag Panchami(c) Labh Pancham(d) Sama Pancham

Answer»

Correct option is (c) Labh Pancham

6.

In which language Deshi Nama is written in Gujarat State?

Answer»

In Gujarat State, Deshi Nama is written in Gujarati language.

7.

The format of a Kharid-Vakra Khatu is similar to what?(a) Profit and Loss Account(b) Trading Account(c) Utero(d) Havalemel

Answer»

Correct option is (b) Trading Account

8.

What is meant by ‘Kacha Khata’?

Answer»

The Khatas or accounts which are closed at the end of the year in order to find out the result of the business, are known as ‘Kacha Khata’.

9.

How are the Kacha Khatas useful?

Answer»

Kacha Khatas are useful to ascertain the profit or loss of the business.

10.

Which accounts (Khata) are included in Paka Khata?

Answer»

Accounts of persons, assets, liabilities, dues and debts are included in Paka Khata.

11.

Who ascertains the profit or loss by Kharid- Vakra Khata?(a) Small traders(b) Big traders(c) Shroffs(d) Hawkers

Answer»

Correct option is (a) Small traders

12.

Which accounts (Khata) are included in Kacha Khata?

Answer»

Goods, expenses and incomes accounts are included in Kacha Khata.

13.

Books of accounts in Deshi Nama System are written in which language?

Answer»

Books of accounts in Deshi Nama System are written in the regional language.

14.

In which language, books of accounts in Deshi Nama System is written?(a) Gujarati(b) Hindi(c) English(d) Regional language

Answer»

Correct option is (d) Regional language

15.

Where the Ghar-Kharch Khata is transferred at the end of the year?(a) Kharid Vakra Khate(b) Vatav Khate(c) Bhandol Khate(d) Vigat Khate

Answer»

Correct option is (c) Bhandol Khate

16.

What is the main difference between Kacha Khata and Paka Khata?

Answer»

Kacha Khata is closed at the end of the year while Paka Khata is not closed at the end of the year, but the balances are carried forward for the next year.

17.

In Deshi Nama System, how many types of accounts (Khatas) are there? Which are they?

Answer»

In Deshi Nama System, the accounts (Khatas) are classified into two types :

  1. Kacha Khata and
  2. Paka Khata.
18.

Write Havala Nondh for transferring loss calculated from Vatav Khata to Bhandol Khate.

Answer»

Havala Nondh: Bhandol Khate Udhar Vatav Khate Jama.

19.

To which account the result of the Vatav Khata is transferred?

Answer»

The result of the Vatav Khata is transferred to Shri Bhandol Khate.

20.

To which account, accounting entry is to be recorded, when the name of the any receipt or payment account is not remembered?(a) Shri Haththu Khate(b) Shri Shah Khate(c) Shri Tasalmat Khate(d) Shri Deshavar Khate

Answer»

Correct option is (c) Shri Tasalmat Khate

21.

In which book, Jangad transaction is recorded?

Answer»

Jangad transaction is recorded in the Jangadvahi or Jangad Nondh.

22.

Transactions of credit purchase of goods of business are recorded in which subsidiary books?(a) Jama Nondh(b) Udhar Nondh(c) Kabalavahi(d) Hundivahi

Answer»

Correct option is (a) Jama Nondh

23.

What is Jangad transaction?

Answer»

“If the customer likes the goods, he can keep it, if he does not like it, he can return it.” The transaction based on this condition is a Jangad transaction.

24.

Mention one form of terrorism.

Answer»

Cultural Terrorism is one form of terrorism.

25.

Which types of accounts (Khatas) are shown in Sarvaiya (Balance sheet)?(a) Kacha Khata(b) Paka Khata(c) Mai (Goods) Khata(d) Kharch Khata

Answer»

Correct option is (b) Paka Khata

26.

By, which other name Bethomel is also known?

Answer»

Bethomel is also known as Thammel.

27.

How purchase return and sales return are treated in Deshi Nama System?

Answer»

In Deshi Nama System, purchase return is treated as sales and sales return is treated as purchase.

28.

Where the entry of closing Kacha Khata in Deshi Nama is made?(a) Sudhavahi(b) Jama-Kharchi Mel(c) Jamavahi(d) Udharvahi

Answer»

Correct option is (b) Jama-Kharchi Mel

29.

How many accounts are prepared to find out the profit or loss of the business in Vatav Khata System?(a) Two(b) Three(c) Four(d) As per requirement

Answer»

Correct option is (a) Two

30.

When there is expense or revenue in business, but the name of the account is not remembered, such transaction is recorded in which account?

Answer»

When there is expense or revenue in business, but the name of the account is not remembered then such transaction is recorded to ‘Shri Tasalmat Khate.’

31.

Where the Paka Khata are recorded, in Deshi Nama System?(a) Havalamel(b) Kharid-Vakara Khata(c) Vatav Khata(d) Sarvaiyun

Answer»

Correct option is (d) Sarvaiyun

32.

State the meaning of the root word of coalition.

Answer»

‘Co’ means ‘together’ and ‘Alescere’ means ‘to grow up’. It is a union of parties.

33.

Enumerate the remedial measures for terrorism.

Answer»

Youth of India should successfully face the challenges posed by terrorism by successfully using the means of communications to spread peace, love and create a happy neighbourhood.

34.

How many entries of cash transactions are recorded in Bethomel?(a) One(b) Two(c) Three(d) None of these

Answer»

Correct option is (a) one

35.

Why sales book is also known as Udhar Nondh?

Answer»

When the goods are sold on credit, the amount of sales price of the goods is debited to the customer’s account and therefore sales book is known as Udhar Nondh.

36.

Which of this is not the other name of Havalamel?(a) Jama Nondh(b) Jama-Kharchi Mel(c) Achalmel(d) Mand-Chhodno Mel

Answer»

Correct option is (a) Jama Nondh

37.

Last few pages of which book are used to write a Havalamel at the end of the year?(a) Karar Nondh(b) Kabalavahi(c) Rojmel / Bethomel(d) Udharvahi

Answer»

Correct option is (c) Rojmel / Bethomel

38.

The amount payable to a creditor of the business is sent through a person or aangadia, the amount is credited to which account instead of creditor?(a) Shri Haththu Khate(b) Shri Shah Khate(c) Shri Deshavar Khate(d) Shri Tasalmat Khate

Answer»

Correct option is (a) Shri Haththu Khate

39.

Havalamel is known by which name?(a) Utero(b) Sarvaiyun(c) Rojmel(d) Achalmel

Answer»

Correct option is (d) Achalmel

40.

Write the root word of corruption.

Answer»

The term corruption is derived from the Latin word ‘rumpere’.

41.

State the role of youth in eradicating terrorism in India.

Answer»

Role of youth against terrorism : Terrorism means deliberately and violently targeting civilians by inflicting physical or mental agony, wound or death that creates fear phychoses for political gains. Hence the youth have to pressurize the governments concerned to create awareness and educate those who are indulged in anti national and inhuman terrorist activities, particularly youth.

Youth have to develop patriotism that is national feeling and involve themselves in constructive activities like nation building through helping the government about terrorist and militant activities taking place in their surroundings which is the prime duty of the youth. Youth have to take the initiative within the jurisdiction of law to fight against terrorism as it happened in Naxal hit states like Bihar, Jharkhand, Chattisgarh where Salwajudum (village army) fighting against Naxalites.

Youth must understand the complicated and multi-faceted terrorism rationally. They have to isolate the terrorists and involve in helping the government to nab the culprits. It is the responsibility’ of the youth to spread the importance of education that saves the younger generation from the clutches of terrorism and communalism.

As it happened in the case of Ms. Malala Yusufa Zai of Pakistan, who survived in the terrorist attack. No Nation can prosper unless strongest measures are executed against terrorism. It is the youth who have a major role in combating terrorism. Youth of India should successfully face the challenges posed by terrorism by successfully using the means of communications to spread peace, love and create a happy neighbourhood.

42.

How can youth control corruption.

Answer»

Role of youth against corruption : Corruption is misuse of public power for private profits by violating the constitution. Independent India has seen scams like – Farefax, Bofors, Share deal, Stamp paper scandal, fodder, 2-G Spectrum, Coal and others involving billions of rupees of public money. Inspite of these scams, still corruption persists in all walks of life including education, health, administration and politics.

Loknayak Jayaprakash Narayan the pioneer of the “Total Revolution”, inspired youth during 1970s to revolt against the corrupt administration. Today the mood of the country especially the mood of the youth is against corruption on war footing. The war against corruption is perceived as the mother of all wars.

Anti corruption movement gathered momentum when Sri Anna Hazare kick started the movement and gave a call to the youth to join him in a fight against corruption under the banner of ‘India against corruption’. The overall effect of the youth movement against corruption have resulted in the creation of the institution of Lokpal, passing of the Acts of Right to Information (RTI), Right to Education (RTE), Sakaal and other various drastical measures.

43.

When and in which country identity politics originated?

Answer»

The identity polities was originated in America during 1950-60.

44.

What is called closing cash balance of Rojmel or Bethomel?(a) Shri Purant Janse(b) Balance carried forward(c) Shri Purant Baki(d) None of these

Answer»

Correct option is (c) Shri Purant Baki

45.

In which book, the credit sales transactions are recorded?(a) Jama Nondh(b) Udhar Nondh(c) Ughrani Nondh(d) Jangad Nondh

Answer»

Correct option is (b) Udhar Nondh

46.

Whenever an amount is lent for a few days to a person in the business, then what is this amount called?(a) Upartapke(b) Ublek(c) Short loan(d) Custom loan

Answer»

Correct option is (b) Ublek

47.

Which of the following is a link between Utaro and Final Accounts?(a) Rojmel(b) Bethomel(c) Achalmel(d) Sarvaiyun

Answer»

Correct option is (c) Achalmel

48.

In Deshi Nama System, the nature of Sarvaiya is like ………………………(a) Utaro(b) Daginamel(c) Rojmel(d) Udhar Nondh

Answer»

Correct option is (a) Utaro

49.

What do you mean by Preventive Detention?

Answer»

In the Preventive Detention Act, people are arrested and detained on the apprehension to commit any offense in the future and government made large-scale arrests under this during an emergency.

50.

Name the chairman of the Shah Commission.

Answer»

The chairman of the Shah Commission was the retired Chief Justice of the Supreme Court, J.C. Shah.