PROVISIONAL ANSWER KEYNAME OF THE POST: Assistant Professor, Commerce, Class II, Advt No. : 93/2016-17 (AAC)Date of Preliminary Test : 05-03-2017Subject : Concerned Subject ( 101 to 170 )Date of Publication : 14-03-2017Last Date to send suggestion(s) : 21-03-2017Note:1). All Suggestions are to be sent with reference to website published Question paper with Provisional Answer Key Only.2). All Suggestions are to be sent in the given format only.3). Candidate must ensure the above compliance.

AAC-A ] [ 18 ] [ Contd...

101. “uQ¡“pdp„’u L$ey ‘qfbm ^„^p“p Ap„sqfL$ ‘ep®hfZ“y„ ‘qfbm “’u?(A) dp“hk„‘rÑ (B) k„Qpg“ dpmMy(C) “pZp„L$ue kp^“p¡ (D) N°plL$p¡

102. ^„^p“p rb“-Apr’®L$ ‘ep®hfZdp„ “uQ¡“pdp„’u L$p¡“p¡ kdph¡i ’sp¡ “’u?(A) h¡‘pf “urs (B) kfL$pf“u rhQpf^pfp(C) kæesp (D) hõsuL$v$

103. L$ep âL$pf“u Apr’®L$ ìehõ’pdp„ DБpv$“ A“¡ Apr’®L$ rhL$pk“¡ gNsp r“Z®ep¡“u S>hpbv$pfu fpÄe“u lp¡e R>¡?(A) dyX$uhpv$u (B) rdî(C) gp¡L$iplu (D) kdpS>hpv$u

104. RBI “p Nh“®f Üpfp “pZp„L$ue “ursAp¡“y„ dpmMy„ ky^pfhp A“¡ dS>b|s L$fhp L$p¡“u AÝenspdp„ kàV¡$çbf 2013dp„ r“óZpsp¡“u krdrs r“dpe¡g lsu?(A) DfÆs Apf ‘V¡$g (B) ku f„NfpS>“(C) qX$. kyåbpfph (D) fOyfpd Æ fpS>“

105. ^„^pL$ue Q¾$“p„ L$ep sb¼L$pdp„ h^su kf¡fpi dpN“p„ L$pfZ¡ A’®ìehõ’p rhL$k¡ R>¡.(A) d„v$uS>Þe aºNphp¡ (B) d„v$u(C) kd©[Ý^ (D) aºNphp¡

106. v$¡i“p„ k|ÿd “pZp„ k„õ’pAp¡“¡ c„X$p¡m ‘|fp ‘pX$hp A“¡ âp¡Ðkprls L$fhp 8 A¡râg 2015 “p fp¡S> L$C A¡S>Þku cpfsdp„ iê$ L$fhpdp„ Aphu lsu?(A) MUDRA (Micro Unit Development and Refinance Agency (B) NMFDA (National Micro Finance Development Agency)(C) MSMES (Micro, Small and Medium Enterprises) (D) IRDA (Integruted Rurul Development Agency)

AAC-A ] [ 19 ] [ P.T.O.

101. Which of the following is not a factor of internal environment of business?(A) Human Resources (B) Management structure(C) Financial Resources (D) Customers

102. Non-economic environment of business does not include which of the following?(A) Trade policy (B) Ideology of the government(C) Culture (D) Population size

103. In which system of the economy, the responsibility of taking all decisions relating to production and economic development lies with the state?(A) Capitalist (B) Mixed(C) Democracy (D) Socialist

104. Under whose chairmanship the Governor of RBI appointed an Expert Committee to revise and strengthen the ‘Monetary Policy Framework’ in September 2013?(A) Urjit R. Patel (B) C. Rangarajan(C) D. Subbarao (D) Raghuram G. Rajan

105. In which phase of business cycle, the economy expands in response to growing aggregate demand?(A) Stagflation (B) Recession(C) Prosperity (D) Inflation

106. Which agency was started in India on 8th April, 2015 to fund and promote microfinance institutions in the country?(A) MUDRA (Micro Unit Development and Refinance Agency)(B) NMFDA (National Micro Finance Development Agency)(C) MSMES (Micro, Small and Medium Enterprises)(D) IRDA (Integrated Rural Development Agency)

AAC-A ] [ 20 ] [ Contd...

107. cpfsdp„ Ål¡f n¡Ó“p k„v$c®dp„ lpgdp„ L$ep DÛp¡N“¡ k„‘|Z®‘Z¡ Apfrns fpMhpdp„ Aph¡g R>¡?(A) lr’epfp¡ A“¡ iõÓp¡ (B) A¸V$p¡rdL$ A¡“Æ®“p ‘qfrióV$dp„ v$ip®h¡g Mr“Å¡ (Control of Production

and use order) 1953(C) Mr“S> s¡g (D) L$p¡gkp¡ A“¡ rgÁ“pBV$

108. cpfs kfL$pf¡ fpóV²$ue DБpv$“ “urs“u Ål¡fps L$ep hj®dp„ L$fu?(A) 2011 (B) 2015(C) 2016 (D) 2013

109. MRTP Act, 1969 “p õ’p“¡ L$ep¡ ^pfp¡ A[õsÐhdp„ Apìep¡?(A) L„$‘“uT A¡¼V$, 2013 (B) L$p¡ç‘uV$ui“ A¡¼V$, 2002(C) L„$‘“uT A¡¼V$, 2002 (D) BÞap¡d£i“ V¡$¼“p¡gp¡Æ A¡¼V$, 2000

110. cpfsdp„ Apr’®L$ Apep¡S>““u iê$Aps L$ep hj®’u ’C?(A) 1947 (B) 1950(C) 1951 (D) 1956

111. L$C ‘„Qhj}e ep¡S>“pdp„ r“v$£i L$fhpdp„ Apìep¡ R>¡ L¡$ ""Apr’®L$ âh©rÑ“p L$p¡C‘Z ‘ep®hfZ gnu ‘qfZpdp¡ Apr’®L$ rhL$pk“u â¾$uep dpV¡$ Ly$v$fsu kp^“ k„‘rÑ“p¡ OV$pX$p¡ A“¡ bNpX$“¡ AhNZu iL¡$ “l].''(A) buÆ ‘„Qhj}e ep¡S>“p (B) v$kdu ‘„Qhj}e ep¡S>“p(C) ArNepfdu ‘„Qhj}e ep¡S>“p (D) bpfdu ‘„Qhj}e ep¡S>“p

112. bpfdu ‘„Qhj}e ep¡S>“pdp„ ÆX$u‘u“p¡ ky^pf¡g A‘¡rns h©[Ý^v$f L$ep¡ R>¡?(A) 9% (B) 8%(C) 10% (D) 7%

AAC-A ] [ 21 ] [ P.T.O.

107. Which of the following industry is, at present, reserved exclusively for the Public sector in India?(A) Arms and Ammunition(B) Minerals specified in the schedule to the Atomic Energy (Control

of Production and use order) 1953.(C) Minerals Oils(D) Coal and Lignite

108. In which year the Government of India announced the National Manufacturing Policy.(A) 2011 (B) 2015(C) 2016 (D) 2013

109. MRTP Act, 1969 was replaced by which Act?(A) Companies Act, 2013 (B) Competition Act, 2002(C) Companies Act, 2002 (D) Information Technology Act, 2000

110. The era of economic planning began in India in which year?(A) 1947 (B) 1950(C) 1951 (D) 1956

111. Which Five year plan points out that ‘no development process can afford to neglect the environmental consequences of economic activity, to allow unsustainable depletion and deterioration of natural resources’.(A) Second Five year plan. (B) Tenth Five year plan.(C) Eleventh Five year plan (D) Twelfth Five year plan

112. The Twelfth Five year plan revised targeted growth rate of GDP is which one of the following?(A) 9% (B) 8%(C) 10% (D) 7%

AAC-A ] [ 22 ] [ Contd...

113. cpfs kfL$pf“p„ “pZpd„Ópge“p¡ L$ep¡ rhcpN cpfs“p„ Ål¡f kplkp¡ rhr“h¡i kp’¡ k„b„^ ^fph¡ R>¡?(A) qX$‘pV®$d¡ÞV$ Ap¡a apB“pÞiueg krh®k (B) qX$‘pV®$d¡ÞV$ Ap¡a BL$p¡“p¡rdL$ A¡a¡k®(C) qX$‘pV®$d¡ÞV$ Ap¡a f¡hÞey (D) qX$‘pV®$d¡ÞV$ Ap¡a BÞh¡õV$d¡ÞV$ A¡ÞX$ ‘[ågL$ A¡k¡V$ d¡“¡S>d¡ÞV$

114. cpfs“p Ap¥Ûp¡rNL$ L$pdv$pfp¡ dpV¡$ v$pMg L$f¡g ‘¡Þi“ ep¡S>“p“y„ “pd S>Zphp¡.(A) BÞX$õV²$ueg hL®$k ‘¡Þi“ õL$ud (B) A¡ç‘gp¡BT ‘¡Þi“ õL$ud(C) ‘åguL$ ‘¡Þi“ õL$ud (D) BÞX$õV²$ueg g¡bfk® ‘¡Þi“

115. NASSCOM A¡V$g¡ ................(A) National Association of Small Scale Companies (B) National Association of Small Service Companies(C) National Association of Small Software Companies (D) National Association of Software and Service Companies

116. ‘ep®hfZ ky^pfp A„N¡ “¡i“g A¡L$i“ àgp“dp„ L¡$V$gp„ rhrióV$ L$pep£ (rdi“) “p¡ kdph¡i ’pe R>¡?(A) 10 (B) 6(C) 8 (D) 12

117. N°plL$ kyfnp ^pfp¡ cpfsdp„ L$ep hj®dp„ ‘kpf ’ep¡?(A) 1980 (B) 1986(C) 2013 (D) 2008

118. L¡$ÞÖ kfL$pf Üpfp 1997dp„ N°plL$p¡“p Ar^L$pfp¡“u kyfnp“¡ Ýep“dp„ fpMu“¡ L$ep¡ Agpev$p¡ rhcpN iê$ L$fhpdp„ Apìep¡ R>¡?(A) N°plL$p¡“¡ gNsu bpbsp¡ (B) N°plL$ kyfnp(C) N°plL$ aqfepv$ r“hpfZ (D) N°plL$ kÅNsp

AAC-A ] [ 23 ] [ P.T.O.

113. Which Department of Ministry of Finance, Government of India is concerned with Disinvestment of Public Sector undertakings in India?(A) Department of Financial Services(B) Department of Economic Affairs(C) Department of Revenue(D) Department of Investment and Public Asset Management

114. Name the Pension Scheme introduced for the industrial workers in India.(A) Industrial Worker’s Pension Scheme(B) Employees’ Pension Scheme(C) Public Pension Scheme(D) Industrial Labourers’ Pension Scheme

115. NASSCOM stands for(A) NATIONAL Association of small scale companies(B) National Association of Small Service companies (C) National Association of Small Software companies(D) National Association of Software and service companies

116. How many missions does the National Action Plan on Climate change include?(A) 10 (B) 6(C) 8 (D) 12

117. In which year the Consumer Protection Act was passed in India?(A) 1980 (B) 1986(C) 2013 (D) 2008

118. Which separate Department was created by the Central Government in the year 1997 to exclusively focus on protecting the rights of consumers?(A) Consumer Affairs (B) Consumer Protection(C) Consumer Redressal (D) Consumer Awareness

AAC-A ] [ 24 ] [ Contd...

119. L$C âZprgL$p âdpZ¡ Ars“ap¡ L¡$ A‘¡rns “ap¡ lp¡e “l]?(A) ‘|Z® fS|>Aps“u âZprgL$p (B) kpsÐesp“u âZprgL$p(C) ê$qY$Qyõssp“u âZprgL$p (D) kyk„Nssp“u âZprgL$p

120. d|X$u MQ® L$ep âL$pf“y„ MQ® R>¡?(A) ‘y“: ’sp¡ MQ® R>¡. (B) [õ’f rdgL$sp¡ hkphhp“p¡ MQ® R>¡.(C) dpgkpdp“ âpàs L$fhp“p¡ MQ® R>¡. (D) h¡QpZ MQp® Q|L$hhp S>¡V$gp¡ lp¡e R>¡.

121. Äepf¡ g¡Zu ’e¡g fL$d lhpgpdp„ Aph¡g lp¡e Ðepf¡ s¡“¡ hprj®L$ rlkpbp¡dp„ L$ep„ v$ip®hpi¡?(A) “ap “yL$kp“ Mpsp“u D^pf bpSy> A“¡ ‘pL$p kfh¥epdp„ v$¡hp bpSy> (B) “ap “yL$kp“ Mpsp“u D^pfbpSy> A“¡ ‘pL$p kfh¥epdp„ rdgL$sp¡ bpSy>(C) “ap “yL$kp“ Mpsp“u S>dp bpS|> k„b„r^s bpbsp¡dp„’u bpv$ ’i¡ A“¡ ‘pL$p

kfh¥epdp„ v$¡hp bpSy> (D) “ap “yL$kp“ Mpsp„“u S>dpbpSy> k„b„r^s bpbsdp„ Dd¡fpe A“¡ ‘pL$p kfh¥epdp„

rdgL$sp¡ bpSy>.

122. cpNuv$pfu ‘¡Y$u“p„ rlkpbp¡dp„ “hp„ cpNuv$pf“p„ âh¡i hMs¡ Å¡ L$p¡C “yL$kp“ lp¡e sp¡, Ap âL$pf“p “yL$kp““u hl¢QZu L¡$hu fus¡ ’pe?(A) a¼s S|>“p cpNuv$pfp¡ s¡d“p„ “ap“p„ âdpZdp„ hl¢Qi¡. (B) a¼s S|>“p cpNuv$pfp¡ s¡d“u d|X$u“p„ âdpZdp„ hl¢Qi¡.(C) “hp cpNuv$pf krls“p„ b^p cpNuv$pfp¡ s¡d“p„ “hp “ap“p„ âdpZdp„ hl¢Qi¡. (D) “hp cpNuv$pf krls“p„ b^p cpNuv$pfp¡ “hp cpNuv$pf“p âh¡i bpv$“u d|X$u“p„

âdpZdp„

123. A A“¡ b 3:2 “p âdpZdp„ “ap¡-“yL$kp“ hl¢Qu g¡sp cpNuv$pfp¡ R>¡. s¡Ap¡ L$ “¡ cpNuv$pf sfuL¡$ v$pMg L$f¡g R>¡. A A“¡ b s¡d“p cpN“p„ A“y¾$d¡ 3/4 A“¡ 1/4 cpN“p¡ L$ “u sfa¡Zdp„ cpN L$f¡ R>¡. A A“¡ b “p cpN“p âdpZ“u NZsfu L$fp¡.(A) 3:2 (B) 2:3(C) 2:9 (D) 9:2

AAC-A ] [ 25 ] [ P.T.O.

119. Which convention states that profit should never be overstated or anticipated?(A) Convention of Full Disclosure (B) Convention of Consistency(C) Convention of Conservation (D) Convention of Relevance

120. What type of an expenditure is capital expenditure?(A) A recurring expenditure (B) An expenditure incurred to procure fixed assets(C) An expenditure incurred to procure raw materials(D) Equal to the expenditure incurred to meet the selling expenses

121. Where do you show ‘accrued income’ in the final accounts, when it is given in adjustment?(A) Debitside of P & L A/c and Liabilities side of Balance Sheet(B) Debit side of P & L A/c and Assets side of Balance Sheet(C) Credit side of P & L A/c as a deduction from the concerned

item and liabilities side of Balance Sheet(D) Credit side of P & L A/c as an addition to the concerned item

and Assets side of Balance Sheet

122. In partnership accounts, at the time of admission of a new partner, if there were losses, how would such losses be shared?(A) Old Partners only in their profit sharing ratio (B) Old partners only in the capital ratio(C) All the partners including the new partner in the new profit sharing

ratio(D) All the partners including the new partner in their capital ratio,

which stood after admission of new partner

123. A and B were partners sharing profits and losses in the ratio fo 3:2. They admitted C as a partner. A and B sacrified 3/4 and 1/4 of their share in favour of C. Calculate the sacrificing ratio of A and B.(A) 3:2 (B) 2:3(C) 2:9 (D) 9:2

AAC-A ] [ 26 ] [ Contd...

124. A, b A“¡ L$ 3:4:3 “p âdpZdp„ “ap¡ “yL$kp“ hl¢Qu g¡sp cpNuv$pfp¡ R>¡. L$ 31 dpQ® 2016“p fp¡S> r“h©Ñ ’pe R>¡. Ap spfuM¡ rdgL$sp¡ A“¡ v$¡hp“y„ ‘y“:d|ëep„L$“ L$fhp“y„ “¼L$u L$ey¯. S>¡dp„ S>du“ dL$p“dp„ ê$. 12,00,000 õV$p¡L$dp„ ê$. 1,50,000 A“¡ afr“®Qfdp„ ê$. 50,000 h^pfp¡ “¼L$u L$ep£. “l] hl¢Qpe¡g “ap¡ ê$. 3,50,000 “p¡ lsp¡. v$f¡L$ cpNuv$pf“p ¾$ddp„ ‘y“:d|ëep„L$“ “p¡ “ap¡ ip¡^p¡.(A) ê$. 5,25,000 , ê$. 5,25,000 , ê$. 5,25,000 (B) ê$. 4,20,000 , ê$. 5,60,000 , ê$. 4,20,000(C) ê$. 5,25,000 , ê$. 7,00,000 , ê$. 5,25,000 (D) ê$. 6,00,000 , ê$. 7,00,000 , ê$. 6,00,000

125. A, b A“¡ L$ 2:4:2 “p„ âdpZdp„ “ap¡-“yL$kp“ hl¢Qu g¡sp cpNuv$pfp¡ R>¡. ‘¡Y$u“y„ rlkpbu hj® “pZp„L$ue hj® R>¡. b 30 du kàV¡$çbf 2016“p fp¡S> d©Ðey ‘pd¡ R>¡. ANpD“p R>¡ëgp„ ÓZ hj®“p¡ “ap¡ ê$. 24,00,000, ê$. 27,00,000 A“¡ ê$p. 25,20,000 lsp¡. Å¡ b„“¡“¡ s¡d“u d©Ðey spfuM ky^u“p âdpZdp„ R>¡ëgp ÓZ hj®“u kf¡fpi“p Ap^pf¡ rlõkp¡ Ap‘hp“p¡ lp¡e sp¡ s¡d“p¡ “apdp„ L¡$V$gp¡ rlõkp¡ li¡?(A) ê$. 5,25,000 (B) ê$. 6,35,000(C) ê$. 3,17,500 (D) ê$. 4,35,000

126. cpNuv$pfu ‘¡Y$u“p„ rhS>k®“ hMs¡, rdgL$sp¡ ..........(A) dpg-rdgL$s r“L$pg Mps¡ D^pfpe (B) dpg-rdgL$s r“L$pg Mps¡ S>dp ’pe(C) fp¡L$X$ Mps¡ D^pfpe (D) ‘y“: d|ëep„L$“ Mps¡ S>dp ’pe

127. L„$‘“u ‘p¡sp“u A“pds d|X$u ¼epf¡ d„Nph¡ R>¡?(A) ^„^p¡ iê$ L$fhp“p kde¡ (B) l¼L$ i¡f blpf ‘pX$su hMs¡(C) AÞe L„$‘“u“¡ ‘p¡sp“p Ad|L$ i¡f sbv$ug L$fsu hMs¡ (D) L„$‘“u“p rhkS>®“ hMs¡

128. A¡L$ L„$‘“uA¡ v$f¡L$ ê$. 100 “p¡ 1,00,000 i¡f blpf ‘pX$ép S>¡“p ‘f i¡fv$uW$ ê$. 80 d„Nph¡gp R>¡. A¡L$ i¡flp¡ëX$f S>¡ 100 i¡f ^fph¡ R>¡ s¡ i¡fv$uW$ ê$. 25 g¡M¡ â’d làsp“u fL$d cfu i¼ep¡ “’u. s¡“p i¡f S>às L$fhpdp„ Apìep. Å¡ L„$‘“u Ap i¡f blpf ‘pX$hp BÃR>su lp¡e sp¡ i¡fv$uW$ Þe|“sd L¡$V$gu fL$d d¡mhu iL¡$?(A) ê$. 2,500 (B) ê$. 5,000(C) ê$. 4,500 (D) ê$. 5,500

AAC-A ] [ 27 ] [ P.T.O.

124. A, B and C are partners sharing profits and losses in the ratio of 3:4:3. C wants to retire on 31st March 2016. On that date, it is proposed to revalue the assets and liabilities as: land and buildings to increase by Rs.12,00,000, stock by Rs.1,50,000 and furniture by Rs.50,000. Undistributed profits were Rs.3,50,000. Find out the Revaluation Profit in the order of each partner.(A) Rs.5,25,000, Rs.5,25,000, Rs.5,25,000(B) Rs.4,20,000, Rs.5,60,000, Rs.4,20,000(C) Rs.5,25,000, Rs.7,00,000, Rs.5,25,000(D) Rs.6,00,000, Rs.7,00,000, Rs.6,00,000

125. A, B and C were partners sharing profits and losses in 2:4:2 ratio. The accounting year of the firm is financial year. B died on 30th September 2016. The profits of the preceding three years were Rs.24,00,000, Rs.27,00,000 and Rs.25,00,000. If profit of B is to be decided on the basis of the proportion of time to date of death on the average profits of last 3 years, what is his share of profit?(A) Rs.5,25,000 (B) Rs.6,35,000(C) Rs.3,17,500 (D) Rs.4,35,000

126. In the case of dissolution of partnership, the assets are ................(A) debited to Realisation A/c. (B) credited to Realisation A/c.(C) debited to Cash A/c (D) credited to Revaluation A/c

127. When does a company calls up its reserve capital?(A) At the time of its commencement of business(B) At the time of issuing right shares (C) At the time of transferring some of its shares to other companies. (D) At the time of its winding up.

128. A company issued 1,00,000 shares of Rs.100 each, on which Rs.80 was called up. One shareholder who holds 100 shares could not pay the first call money of Rs.25 per share. His shares were forfeited. If the company wants to reissue these shares, then what is the minimum amount do be collected on reissue?(A) Rs.2,500 (B) Rs.5,000(C) Rs.4,500 (D) Rs.5,500

AAC-A ] [ 28 ] [ Contd...

129. A¡L$ L„$‘“u“p¡ ky^pf¡g “ap¡ ê$. 5,00,000 R>¡ A“¡ fp¡L$pe¡g d|X$u ê$. 30,00,000 R>¡. Å¡ 10% A‘¡rns hmsf“p„ v$f“p Ap^pf¡, Ar^L$ “ap“u b¡ hj®“u Mfuv$u S>¡V$gu ‘pOX$u lp¡e sp¡, ‘pOX$u“y„ d|ëe iy„ li¡?(A) ê$. 6,00,000 (B) ê$. 5,00,000(C) ê$. 4,00,000 (D) ê$. 3,00,000

130. Äepf¡ k„ep¡S>“ rhgu“uL$fZ õhê$‘“y„ lp¡e Ðepf¡ L$C rlkpbu ‘Ý^rs D‘ep¡Ndp„ g¡hpe R>¡?(A) Mfuv$ ‘Ý^rs (B) A¡L$rÓs ‘Ý^rs(C) kdph¡g ‘Ý^rs (D) rhgu“uL$fZ“u ‘Ý^rs

131. ‘y“: fQ“p“u ep¡S>“pdp„ i¡f lp¡ëX$fp¡ Üpfp Nydph¡g fL$d A¡ .............(A) d|X$u A“pds Mps¡ S>dp ’pe (B) kpdpÞe A“pds Mps¡ S>dp ’pe(C) d|X$u OV$pX$p Mps¡ S>dp ’pe (D) k„crhs A“pds Mps¡ ’pe

132. L„$‘“u“p rhkS>®“dp„ rgõV$ H iy„ v$ip®h¡ R>¡?(A) â¡afÞk i¡flp¡ëX$fp¡“¡ Q|L$hhp“u bpL$u fL$d (B) h^pfp/s|V$“p„ L$pfZp¡(C) rb“-A“pds g¡Zv$pfp¡ (D) rdgL$sp¡ ‘f sfsp¡ bp¡S> ^fphsp rbÞQf l$p¡ëX$fp¡“¡ Q|L$hhp“u bpL$u fL$d

133. h¡QpZ ê$. 24,00,000, iê$Aps“p¡ õV$p¡L$ ê$. 1,50,000 ApMf õV$p¡L$ ê$. 2,50,000 Mfuv$u ê$. 16,00,000 A“¡ dS|>fu ê$. 1,50,000 õV$p¡L$ Qg“v$f NyZp¡Ñf ip¡^p¡.(A) 12 hMs (B) 9.5 hMs(C) 4.75 hMs (D) 8.25 hMs

134. L$pdNufudp„’u Dv¹$chsp c„X$p¡m“u NZsfu hMs¡, “ap-“yL$kp“ Mpspdp„, kpdpÞe A“pds Mps¡ apmh¡g fL$d ............(A) Al¡hpgdp„ v$ip®h¡g “apdp„’u bpv$ ’i¡. (B) c„X$p¡m“p D‘ep¡N sfuL¡$ v$ip®hpi¡.(C) Al¡hpgdp„ v$ip®h¡g “apdp„ ‘pR>p Dd¡fpi¡ (D) Al¡hpgdp„ v$ip®h¡g “apdp„ “l] Dd¡fpe A“¡ “l] bpv$ ’pe.

AAC-A ] [ 29 ] [ P.T.O.

129. A company has adjusted net profits of Rs.5,00,000 and capital employed of Rs.30,00,000. If, goodwill is taken at 2 years purchase of super profits and the expected rate of return is 10%, what is the value of goodwill?

(A) Rs.6,00,000 (B) Rs.5,00,000 (C) Rs.4,00,000 (D) Rs.3,00,000

130. When the amalgamation is in the nature of merger, then which accounting method is to be followed?

(A) Purchase method (B) Consolidated method (C) Absorption method (D) Pooling of interests method

131. In a scheme of reconstruction, the amount sacrificed by shareholders is ...................

(A) Credited to Capital Reserve account (B) Credited to General Reserve account (C) Credited to Capital Reduction account (D) Credited to Contingency Reserve account

132. Under liquidation of companies, what does list H show? (A) Amount due to Preference shareholders (B) Reasons for the surplus/deficiency (C) Unsecured creditors (D) Amount due to debenture holders having a floating charge on the assets.

133. Sales Rs.24,00,000; opening stock Rs.1,50,000; closing stock Rs.2,50,000; purchases Rs.16,00,000 and wages Rs.1,50,000. Find out stock turnover ratio?

(A) 12 times (B) 9.5 times (C) 4.75 times (D) 8.25 times

134. While arriving at the funds generated from operations, the amount appropriated in the P & L A/c. towards general reserve would be .............

(A) deducted from the reported profit (B) shown as application of funds. (C) added back to reported profit (D) need not be added or deducted from reported profit

AAC-A ] [ 30 ] [ Contd...

135. Qpgy rdgL$sp¡“p¡ Qp¡¿Mp¡ OV$pX$p“p¡ fp¡L$X$ âhpl ............(A) fp¡L$pZ âh©rÑ“p¡ R>¡. (B) “pZp„L$ue âh©rÑ“p¡ R>¡.(C) DБpv$““u âh©rÑ“p¡ R>¡. (D) L$pdNufu“u âh©rs“p¡ R>¡.

136. kdN°gnu A’®ipõÓ ............. kp’¡ k„b„^ ^fph¡ R>¡.(A) DБpv$“ rkÝ^p„s (B) dp„N“p rkÝ^p„s(C) fpóV²$ue AphL$ rkÝ^p„s (D) “ap“p„ rkÝ^p„s

137. ‘¡Y$u“u ‘qfcpjpdp„ ............... “p¡ kdph¡i ’sp¡ “’u.(A) àgpÞV$ (B) a¡¼V$fu(C) DÛp¡N (D) hL®$ip¡‘

138. bÅf A’®s„Ódp„ L$p¡“¡ khp£‘fu sfuL¡$ NZpe R>¡?(A) DБpv$L$ (B) rh¾¡$sp(C) R|>V$L$ h¡‘pfu (D) N°plL$

139. dp„N“p„ rkÝ^ps âdpZ¡, hõsy“u dp„N f¡Mp ............(A) X$pbu bpSy>’u S>dZu bpSy> “uQ¡ sfa v$ip®hpe R>¡. (B) X$pbu bpSy>’u S>dZu bpSy> D‘f sfa v$ip®hpe R>¡.(C) S>dZu bpSy>’u X$pbu bpSy> “uQ¡ sfa v$ip®hpe R>¡. (D) X - ^fu ‘f Dcu v$ip®hpi¡

140. rNa“ (Giffen's) dpg .............. “p¡ A‘hpv$ R>¡.(A) DБpv$““p¡ rkÝ^p„s (B) ‘yfhW$p“p¡ rkÝ^p„s(C) dp„N“p¡ rkÝ^p„s (D) OV$su kudp„s D‘ep¡N“p¡ rkÝ^p„s

141. “uQ¡“pdp“y„ L$ey„ A¡ A“r^dp“ h¾$ f¡Mp“y„ A„N “’u?(A) A“r^dp“ h¾$ f¡Mp R>¡v$su “’u. (B) A“r^dp“ h¾$ f¡Mp d|m’u brlNp£g lp¡e R>¡.(C) A“r^dp“ h¾$ f¡Mp d|m’u AÞs®Np¡m lp¡e R>¡. (D) D‘f“u A“r^dp“ h¾$ f¡Mp dlÑd k„sp¡j Ap‘¡ R>¡.

AAC-A ] [ 31 ] [ P.T.O.

135. Net decrease in current assets is a flow of cash from ................(A) Investing activities (B) Financing activities(C) Production activities (D) Operating activities

136. Macro economics deals with ................(A) Theory of Production (B) Theory of Demand(C) Theory of National Income (D) Theory of Profit

137. The term ‘firm’ does not include ................(A) Plant (B) Factory(C) Industry (D) Workshop

138. Who is regarded as a sovereign in a market economy?(A) Producer (B) Distributer(C) Retailer (D) Consumer

139. As per the Law of Demand, the demand curve of a commodity ................(A) Slopes downward from left to right(B) Slopes upward from left to right(C) Slopes downward from right to left(D) Will be vertical to x–axis.

140. Giffen’s goods are exception to ................(A) Law of Production(B) Law of Supply(C) Law of Demand(D) Law of Diminishing Marginal Utility

141. Which of the following is not the property of indifference curves?(A) Indifference curves will never intersect(B) Indifference curves are convex to origin(C) Indifference curves are concave to origin(D) Upper indifference curve gives higher level of satisfaction

AAC-A ] [ 32 ] [ Contd...

142. dp„N k„‘|Z®‘Z¡ k„‘|Z® [õ’sõ’p‘L$ li¡ Äepf¡ ............(A) [õ’rsõ’p‘L$sp A“„s R>¡. (B) [õ’rsõ’p‘L$sp A¡L$ L$fsp„ h^pf¡(C) [õ’rsõ’p‘L$sp A¡L$ L$fsp„ Ap¡R>u (D) [õ’rsõ’p‘L$sp A¡L$ bfpbf

143. âp¡a¡kf AdÐe® k¡“ “¡ 1998dp„ A’®ipõÓdp„ s¡“p ¼ep ep¡Nv$p“ rhi¡ “p¡bg ‘pqfsp¡rjL$ dm¡g R>¡.(A) N°pduZ A’®ipõÓ (B) L$ëepZL$pfu A’®ipõÓ(C) M¡su rhjeL$ A’®ipõÓ (D) Ap¥Ûp¡rNL$ A’®ipõÓ

144. Qrgs âdpZkf rkÝ^p„s âdpZ¡, Ly$g ‘¡v$pi dlÑd lp¡e Äepf¡ ..........(A) kudpÞs ‘¡v$pi dlÑd lp¡e (B) kudpÞs ‘¡v$pi-kf¡fpi ‘¡v$pi kdp“ lp¡e.(C) kudpÞs ‘¡v$pi i|Þe lp¡e (D) kudpÞs ‘¡v$pi “L$pfpÐdL$ b“¡ Ðepf¡

145. ârsr“^Ðh ‘¡Y$u“p„ rkÝ^p„s“u cgpdZ L$f“pf .......... lsp.(A) gp¡X®$ S>¡. A¡d. L¡$BÞk (B) fp¡bV®$k“(C) B.A¡.Æ. fp¡rb“k“ (D) X$p¸. ApgaX®$ dpi®g

146. “uQ¡“pdp„’u L$C k„‘|Z® lfuapB“u ^pfZp„ “’u?(A) ‘¡Y$u“p¡ dy¼s âh¡i A“¡ r“L$pk (B) DБpv$““p„ ‘qfbmp¡“u ‘|Z® Nrsiugsp(C) V²$pÞk‘p¡V£$i““u ‘X$sf “’u. (D) Akdp“ ‘¡v$pip¡

147. b„^ L$fhp“u [õ’rs A¡ DБpv$““u A¡hu k‘pV$u R>¡ Äep„ ..............(A) bÅfqL„$ds Þe|“sd kf¡fpi Qrgs ‘X$sf L$fsp„ “uQu lp¡e R>¡. (B) bÅf qL„$ds kf¡fpi ‘X$sf L$fsp„ h^y lp¡e R>¡.(C) kf¡fpi D‘S> A¡ kf¡fpi ‘X$sf“¡ kfMu lp¡e R>¡. (D) bÅf qL„$ds A¡ kf¡fpi Qrgs ‘X$sf“¡ kfMu lp¡e R>¡.

148. “uQ¡“pdp„’u L$ey„ BÅfp“¡ gNsu kdsygp“u [õ’su “’u?(A) kudpÞs AphL$ = kudpÞs ‘X$sf (B) kudpÞs ‘X$sf f¡Mp, kudpÞs AphL$ f¡Mp“¡ “uQ¡’u R>¡v$¡ R>¡.(C) kudpÞs ‘X$sf f¡Mp, kudpÞs AphL$ f¡Mp“¡ D‘f’u R>¡v$¡ R>¡. (D) dp„N“u [õ’rsõ’p‘L$sp A¡L$ L$fsp„ h^pf¡ lp¡e R>¡.

AAC-A ] [ 33 ] [ P.T.O.

142. Demand will be prefectly elastic when _______(A) elasticity is infinite (B) elasticity is greater than one(C) elasticity is less than one (D) elasticity is equal to one

143. Professor Amartya Sen was awarded the 1998 Noble Prize in Economics for his contribution to _________(A) Rural economics (B) Welfare economics(C) Agricultural economics (D) Industrial economics

144. Under the Law of variable proportions, the total product is at maximum when __________(A) the marginal product is maximum(B) the marginal product is equal the average product(C) the marginal product is zero(D) the marginal product becomes negative

145. The concept of representative firm was advocated by _______(A) Lord J.M. Keynes (B) Robertson(C) E.A.G. Robbinson (D) Dr. Alfred Marshall

146. Which of the following is not an assumption of perfect competition?(A) Free entry and exit of firms (B) Perfect mobility of factors of production(C) No transport costs(D) Heterogeneous products

147. Shut-down point refers to level of output where _______(A) Market price is below minimum average variable cost (B) Market price is more than average cost(C) Average revenue is equal to average cost(D) Market price is equal to average variable cost

148. Which of the following is not a condition of equilibrium for a monopolist?(A) Marginal revenue = Marginal Cost (B) Marginal cost curve cuts marginal curve from below(C) Marginal cost curve cuts marginal curve from above(D) The elasticity of demand is greater than one

AAC-A ] [ 34 ] [ Contd...

149. A¡X$hX®$ A¡Q. Q¡çbfrg“ cph A“¡ ‘¡v$pi “¼L$u L$fhp“y„ rh¼kph¡g dp¡X¡$g .........(A) ‘|Z® lfuapB (B) qÜlõsL$ BÅfp¡(C) Aë‘lõsL$ BÅfp¡ (D) BÅfp“¡ gNsu lfuapB

150. A¡L$ A¡hy„ bÅfdpmMy„ Äep„ AdyL$ h¡QpZL$pfp¡ A¡L$kfMu A’hp Sy>v$u Sy>v$u (rcÞ“) ‘¡v$pip¡ h¡Q¡ R>¡. s¡“¡ ............. L$l¡hpe R>¡.(A) qÜlõsL$ BÅfp¡ (B) Aë‘lõsL$ BÅfp¡(C) BÅfp“¡ gNsu lfuapB (D) ‘|Z® lfuapB

151. kpdpÞe fus¡ “hu v$pMg L$f¡g ‘¡v$pi dpV¡$ S>¡ qL„$ds “½$u L$fhpdp„ Aph¡ s¡“¡ .......... L$l¡hpe R>¡.(A) “uQu cph qL„$ds (B) a¡fbv$gu qL„$ds(C) KQp cph qL„$ds (D) lfua qL„$ds

152. cph c¡v$cph ............. dp„ h^y i¼e R>¡.(A) Aë‘lõsL$ BÅfp¡ (B) BÅfp iplu(C) BÅfp“¡ gNsu lfuapB (D) ‘|Z® lfuapBdp„

153. Ap„L$X$pL$ue dprlsu“p hN}L$fZ“u âq¾$ep A¡ ..............(A) Sy>v$p Sy>v$p L$p¡gd A“¡ fp¡ dp„ (B) L$p¡gddp„(C) fp¡ dp„ (D) Sy>v$p Sy>v$p hNp£“u k„b„r^s lL$uL$sp¡“p kd|ldp„

154. Ap„L$X$pipõÓ“u klk„b„^“u V¡$L$r“L$“p¡ D‘ep¡N .......... dp‘hp dpV¡$ ’pe R>¡.(A) Qgp¡ hÃQ¡“p kf¡fpi k„b„^ (B) Qgp¡ hÃQ¡“p f¥rML$ k„b„^(C) Qgp¡ hÃQ¡“p kp^L$ k„b„^ (D) Y A“¡ X f¡Mp“¡ Å¡X$hp“y„ õhê$‘ Ap‘¡ R>¡.

155. “uQ¡dp„’u L$ey„ Ap„L$X$pipõÓ dp‘ A„v$pS> A„N¡“u ndspAp¡ v$ip®h¡ R>¡?(A) klk„b„^ (B) r“es k„b„^(C) âdprZL$ rhQg“ (D) Qg“p„L$

AAC-A ] [ 35 ] [ P.T.O.

149. Edward H. Chamberlin developed the model of price and output determination under _______(A) Perfect competition (B) Duopoly(C) Oligopoly (D) Monopolistic competition

150. A market structure in which there are a few sellers selling a homogeneous or differentiated products is called _______(A) Duopoly (B) Oligopoly(C) Monopolistic competition (D) Perfect competition

151. Fixing the price at a relatively low level for newly introduced product is known as _______(A) Penetration pricing (B) Transfer pricing(C) Price Skimming (D) Competitor pricing

152. Price discrimination is possible more in _______(A) Oligopoly (B) Monopoly(C) Monopolistic Competition (D) Perfect competition

153. Classification is the process of arranging statistical data _______(A) in different columns and rows (B) in columns(C) in rows (D) in grouping of related facts in different classes

154. Correlation is a statistical technique which is used to measure the ______(A) average relationship between the variables(B) Linear relationship between the variables(C) Causal relationship between the variables(D) Shape of the curve connecting Y and X.

155. Which of the following statistical measure has prediction capabilities?(A) Correlation (B) Regression(C) Standard deviation (D) Coefficient of variation

AAC-A ] [ 36 ] [ Contd...

156. âpdpÎe rhsfZ“u â’d ip¡^ L$f“pf ...............(A) L$pg® ä¡X$qfL$ Np¥k (B) Ab°pld X$u dp¡Bhf(C) r“kh¡ÞNf (D) bf“p¥gu

157. s¡ kpQy R>¡ s¡ ^pfZp l¡W$m QL$pk¡g Ap„L$X$pipõÓue ‘qfL$ë‘“p“¡ ..... L$l¡hpe R>¡.(A) rdî ‘qfL$ë‘“p (B) h¥L$[ë‘L$ ‘qfL$ë‘“p(C) r“fpL$pfZue ‘qfL$ë‘“p (D) kd[óV$ ‘qfL$ë‘“p

158. âpdpÎe rhsfZ“p„ k„v$c®dp„ 3! vX ................. Aphfu g¡ R>¡.(A) 99.27% rhõspf (B) 99.73% rhõspf(C) 95.45% rhõspf (D) 99.37% rhõspf

159. r“v$j® rhsfZ“p„ rhQg““y„ hN®d|m A¡V$g¡ ..........(A) âdprZs v$p¡j (B) âdprZs rhQg“(C) kf¡fpi rhQg“ (D) Qg“p„L$

160. i|Þe ‘qfL$ë‘“p“¡ “L$pfhp“u k„cph“p Äepf¡ s¡ kpQu lp¡e s¡“¡ ......... L$l¡hpe.(A) buÅ âL$pf“u c|g (B) ‘l¡gp âL$pf“u c|g(C) âdprZs c|g (D) AÅZ c|g

161. “uQ¡“pdp„’u L$C L$kp¡V$u “p“p “d|“p L$v$“u kdõep s¡dS> dp¡V$p “d|“p L$v$“u kdõep dpV¡$ ‘qfhs®“iug lp¡e R>¡?(A) Z-‘qfnZ (B) t-‘qfnZ(C) X2-‘qfnZ (D) F-‘qfnZ

162. t-‘qfnZ“p¡ Ðepf¡ D‘ep¡N ’pe R>¡ Äepf¡ ..........(A) “d|“p“y„ L$v$ 30 L$fsp„ “p“y„ lp¡e A“¡ âdprZs rhQg““u ÅZL$pfu lp¡e. (B) “d|“p“y„ L$v$ 30 L$fsp„ “p“y„ lp¡e A“¡ âdprZs rhQg““u ÅZL$pfu “’u.(C) “d|“p“y„ L$v$ 30 L$fsp„ “p“y„ lp¡e A“¡ rhQg““u ÅZL$pfu “’u. (D) “d|“p“y„ L$v$ 30 L$fsp„ h^y lp¡e A“¡ âdprZs rhQg““u ÅZL$pfu lp¡e.

163. õ“¡X¡$L$p¡f rhQg“ NyZp¡Ñf L$kp¡V$u .......... sfuL¡$ ‘Z Ap¡mMpe R>¡.(A) Z-‘qfnZ (B) t-‘qfnZ(C) F-‘qfnZ (D) X2-‘qfnZ

AAC-A ] [ 37 ] [ P.T.O.

156. Normal distribution was first discovered by ..........(A) Karl Friedriech Gauss (B) Abraham De Moivre(C) Neiswanger (D) Bernoulli

157. The statistical hypothesis tested under the assumption that it is true is called...............(A) Composite hypothesis (B) Alternative hypothesis(C) Null hypothesis (D) Population hypothesis

158. Incase of normal distribution 3X ! s covers(A) 99.27% area (B) 99.73% area(C) 95.45% area (D) 99.37% area

159. The square root of the variance of a sampling distribution is called ________(A) Standard error (B) Standard deviation(C) Mean deviation (D) Coefficient of variation

160. The probability of rejecting Null Hypothesis, when it was true is called _______(A) Type II error (B) Type I error(C) Standard error (D) Unknown error

161. Which of the following test is flexible for small size problem as well as large sample size?(A) Z - test (B) t - test(C) X2 - test (D) F - test

162. The t-test is used when the _______(A) Sample size is less than 30 and the standard deviation is known (B) Sample size is less than 30 and the standard deviation is Unknown(C) Sample size is less than 30 and the variance is known (D) Sample size is more than 30 and the standard deviation is known

163. Snedecor’s variance ratio test is also known as:(A) Z - test (B) t - test(C) F - test (D) X2 - test

AAC-A ] [ 38 ] [ Contd...

164. õV$p¡f¡S> qX$hpBT A’hp k„v$¡ipìehlpf“u kfL$uV$“u c|gp¡ ip¡^hp ’su s‘pk“¡ ........... L$l¡hpe R>¡.(A) B¼hgpBT¡i“ (B) kpeL$g fuX$ÞX$Tu(C) rbV$ õV$a]N (D) X¡$V$p fuX$¼i“

165. Äepf¡ dprlsu â¾$uepdp„ lp¡e Ðepf¡ L$fhpdp„ Aphsu rhrh^ âL$pf“u L$pdNufudp„ ............. “p¡ kdph¡i ’sp¡ “’u.(A) rhïg¡jZ (B) NZsfu(C) A¡L$ÓuL$fZ (D) Opgd¡g

166. A¡àguL¡$i“ âp¡Npd“y„ Dv$plfZ ............ R>¡.(A) X¡$õL$ V$p¡‘ âp¡N°pd (B) ‘¡fp¡g âp¡N°pd(C) A¡X$uV$]N âp¡N°pd (D) D‘f“p„ A¡L$‘Z “l]

167. Ap^yr“L$ k„Qpg““p„ r‘sp sfuL¡$ L$p¡Z Ap¡mMpe R>¡?(A) d¡¼k h¡gf (B) d¡fu ‘pL®$f ap¡g¡V$(C) l¡“fu N¡ÞV$ (D) l¡“fu a¡ep¡g

168. k„Qpg““p¡ rkÝ^p„s S>Zph¡ R>¡ L¡$ kd|l“u âh©rÑAp¡“y„ A¡L$S> D‘fu Üpfp A¡L$ S> ep¡S>“p sfuL¡$ k„L$g“ ’hy„ Å¡CA¡ s¡“¡ .............. rkÝ^p„s L$l¡hpe R>¡.(A) riõs (B) v$p¡fhZu“u A¡L$sp(C) âcyÐh“u A¡L$sp (D) Apv$¡i

169. “uQ¡dp„’u ¼ey„ Apep¡S>““p gnZ sfuL¡$ Mp¡Vy„$ R>¡?(A) Apep¡S>“ A“¡ A„Ly$i rhcÞ“ R>¡. (B) Apep¡S>“dp„ rhL$ë‘p¡dp„’u ‘k„v$Nu L$fhp“p¡ kdph¡i ’pe R>¡.(C) Apep¡S>“ Ýe¡egnu R>¡. (D) Apep¡S>“ crhóegnu R>¡ A“¡ kp^pfZ“p¡ kdph¡i ^fph¡ R>¡.

170. r“Z®e OX$sfdp„ kdpe¡g ÓuSy> ‘Nr’ey ............ R>¡.(A) A“ych A’hp dm¡g dprlsu“p„ Ap^pf¡ ep¡Áe rhL$ë‘“u ‘k„v$Nu (B) rhL$ë‘p¡“u ip¡^(C) kdõep“p¡ lg ip¡^hp¡. (D) S>Õ’pÐdL$ A“¡ NyZpÐdL$ rhïg¡jZ Üpfp rhL$ë‘p¡“y„ d|ëepL$“

AAC-A ] [ 39 ]

164. The check carried out on a storage device or in a communication circuit to detect errors is called _______(A) Equalisation (B) Cycle redundancy check(C) Bit stuffing (D) Data reduction

165. The various operations that are carried on data while processing it, do not include _______(A) Analysis (B) Calculation(C) Collection (D) Manipulation

166. The example for application programme is _______(A) Desktop programme (B) Payroll programme(C) Editing programme (D) None of these

167. Who is known as the father of modern management theory?(A) Max Weber (B) Mary Parker Follet(C) Henry Gantt (D) Henry Fayol

168. The principle of management, which states that group activities should be coordinated through a single head and a single plan of action is called the principle of _______(A) Discipline (B) Unity of direction(C) Unity of command (D) Order

169. Which one of the following is incorrect about the characteristics of planning?(A) Planning and controlling are separable (B) Planning involves choosing from among alternatives(C) Planning is goal oriented (D) Planning is future oriented and involves forecasting

170. The third step involved in decision making is _______(A) Selecting suitable alternative on the basis of experience or feed

back. (B) Search for alternatives(C) Responding to a problem (D) Evaluation of alternatives through quantitative and qualitative analysis