Description : When did first modern Olympic game start? (a) 1896 (b) 1892 (c) 1900 (d) 1895
Last Answer : (a) 1896
Description : X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares, 8 shares were reissued to Ram as fully paid up on payment of Rs. 5 50 per share, the amount that will remain standing ... Share Forfeited A/c will be- (A) Rs. 48 (B) Rs. 72 (C) Rs. 84 (D) Rs. 120
Last Answer : Answer: Rs. 120
Description : The basic aim of Securities and Exchange Board of India (SEBI) is to- (A) Develop an effective and efficient monitoring and control system for the Indian Capital Market (B) To help Bombay Stock Exchange ... To help National Stock Exchange of India Ltd. only (D) To help OTC Exchange of India only
Last Answer : Answer: Develop an effective and efficient monitoring and control system for the Indian Capital Market
Description : When three sugar mills combine, it is an example of– (A) Vertical combination (B) Horizontal combination (C) Diagonal combination (D) None of the above
Last Answer : Answer: Horizontal combination
Description : X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many ... . for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares
Last Answer : Answer: 28,000 shares
Description : XYZ Ltd. issued 10,000 shares of Rs. 100 each at Rs. 120 per share with Rs. 25 on application, Rs. 45 on allotment including premium, Rs. 20 on first call and Rs. 30 on final call. Govind who held 200 shares did not pay ... forfeiture ? (A) Rs. 14,000 (B) Rs. 10,000 (C) Rs. 9,000 (D) Rs. 4,000
Last Answer : Answer: Rs. 10,000
Description : On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off ... & L A/c ? (A) Rs. 2000 (B) Rs. 1800 (C) Rs. 1200 (D) Rs. 600
Last Answer : Answer: Rs. 1200
Description : R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 4,00,000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by– (A) Rs. 4,00,000 (B) Rs. 5,00,000 (C) Rs. 3,20,000 (D) Rs. 4,80,000
Last Answer : Answer: Rs. 4,00,000
Description : Which one of the following statements is false ? (A) The Open Market Operations involve the sale or purchase of govt. securities by the Central Bank (B) The RBI manages longterm liquidity through ... change the proportion of govt. securities held by the RBI, Commercial Banks and Co-operative Banks
Last Answer : Answer: The RBI manages longterm liquidity through rapos
Description : The first auditor of a company appointed, holds office– (A) For a period of one year (B) For that period till new auditor is appointed (C) Till the conclusion of first Annual General Meeting (D) Till the holding of statutory meeting of the company
Last Answer : Answer: Till the conclusion of first Annual General Meeting
Description : A vacancy caused by the resignation of the auditor is filled only by the– (A) Board of Directors of the Company (B) Central Government (C) General Meeting of the shareholders (D) Managing Director of the company
Last Answer : Answer: General Meeting of the shareholders
Description : The tool used by auditor to monitor and control the progress of audit work is– (A) Engagement diary (B) Audit programme (C) Audit working papers (D) Audit notes.
Last Answer : Answer: Audit programme
Description : Sometimes an auditor is called upon to review the operations of an enterprise for evaluating their cost-effectiveness. What is this kind of audit generally known as ? (A) Cost Audit (B) Operations Audit (C) Tax Audit (D) Independent Financial Audit
Last Answer : Answer: Cost Audit
Description : Internal Auditor is appointed by the– (A) Management (B) Shareholders (C) Government (D) Statutory Auditor
Last Answer : Answer: Management
Description : Where does an auditor of a cooperative society submit the audit report ? (A) To the managing committee of the society only (B) To the Registrar of Cooperative Societies of the State concerned only (C ... (D) To the Registrar of Cooperative Societies of the State concerned and a copy to the society
Last Answer : Answer: To the Registrar of Cooperative Societies of the State concerned only
Description : What is the main distinction between an Auditor and an Accountant?
Last Answer : It is the duty of the auditor to prepare the accounts, The accounts has to be prepared by the accountant where as the auditor is concerned with the detailed and critical examination of the account book
Description : Which of the following General Insurance Company has entered into agreement with Shamrao Vithal Co-operative (SVC) Bank for bancassurance business? A) Reliance General Insurance Co. Ltd. B) L&T General Insurance ... D) Future Generali India Insurance Co. Ltd. E) Tata AIG General Insurance Co. Ltd.
Last Answer : C) HDFC ERGO General Insurance Co. Ltd. Explanation: HDFC ERGO General Insurance Company and Shamrao Vithal Co-operative (SVC) Bank announced their bancassurance agency partnership to provide ... introducing innovative non-life insurance products with SVC Bank s customer base across various states.
Description : Co-operative Credit Societies Act was passed in India in— (A) 1902 (B) 1904 (C) 1906 (D) 1912
Last Answer : (D) 1912
Description : Which one of the following aims is achieved most through Office Record keeping ? (A) Efficiency of operations on shop floor (B) Business reputation (C) Storage of documents (D) Helping decision making
Last Answer : Answer: Storage of documents
Description : Keyboard of a computer is– (A) An input device (B) An output device (C) A processing device (D) A storage device
Last Answer : Answer: An input device
Description : ‘Self-help by mutual help’ is a feature of– (A) Public enterprise (B) Public corporation (C) Co-operative society (D) All of the above
Last Answer : Answer: Co-operative society
Description : In which form the co-operative society, distributes its surplus dividends to its members?
Last Answer : In the form of bonus
Description : What is RE.Kondoli Tea Co. Ltd case?
Last Answer : Need answer
Description : What is the quorum of general meetings in the case of private limited company and public limited company ? (A) 2 members and 5 members respectively (B) 3 members and 5 members respectively (C) 5 members in each type of company (D) 5 members and 7 members respectively
Last Answer : Answer: 2 members and 5 members respectively
Description : What is the quorum of General Meetings in the case of a Private Company ? (A) 2 members (B) 3 members (C) 4 members (D) 5 members
Last Answer : Answer: 2 members
Description : The first complete Indian Bank was established in the year. A) 1794 B) 1894 C) 1896 D) 1902
Last Answer : Answer: B
Description : How many cotton and human made fibre textile mills are there in India? -SST 10th
Last Answer : There are nearly 1600 cotton and human made fibre textile mills in India.
Description : The capital issues of public limited companies are subject to guidelines issued by– (A) Reserve Bank of India (B) Central Government (C) Central Bank of India (D) Securities & Exchange Board of India (SEBI)
Last Answer : Answer: Securities amp; Exchange Board of India (SEBI)
Description : Reserve Bank of India is a– (A) Government Company (B) Departmental Organisation (C) Statutory Corporation (D) None of the above
Last Answer : Answer: Government Company
Description : What is cross rate ? (A) A rate of exchange derived from central bank (B) A rate of exchange between two currencies, other than those that form a market's principal rates (C) A rate of ... for buying currencies (D) A rate of exchange quoted by a dealer in foreign exchange for selling currencies
Last Answer : Answer: A rate of exchange between two currencies, other than those that form a markets principal rates
Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)
Last Answer : Answer: Reserve Bank of India (RBI)
Description : Which, institution is known as the ‘Soft Loan Window’ of World Bank ? (A) I.F.C. (International Financial Corporation) (B) I.D.A. (International Development Association) (C) I.M.F. (International Monetary Fund) (D) Indian Development Forum
Last Answer : Answer: I.D.A. (International Development Association)
Description : For the purpose of preparation of fund flow statement, fund means– (A) Total resources (B) Cash/bank balances (C) Current Assets (D) Working capital
Last Answer : Answer: Working capital
Description : Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%
Last Answer : Answer: 1•125 : 1
Description : The Doing Business Report" is prepared by which of the following organizations every year? (A) World Bank (B) Asian Development Bank (ADB) (C) International Monetary Fund (IMF) (D) World Trade Organization (WTO)
Last Answer : Answer: World Bank
Description : What is an exchange bank?
Last Answer : Exchange banks extent financial assistance to foreign trade and deal in foreign exchange.
Description : What is the name of entry which is used in Bank Column cash book to record the money transaction?
Last Answer : Contra entry
Description : Garner Vs. Murray rule applies in case of– (A) Admission of a partner (B) Dissolution of a firm (C) Retirement of a partner (D) Death of a partner
Last Answer : Answer: Dissolution of a firm
Description : In case of a company, “Buy Back” is related to– (A) Prospectus (B) Shares (C) Debentures (D) Cheques
Last Answer : Answer: Shares
Description : ‘Profit objective’ is of least priority in case of– (A) Private enterprise (B) Public enterprise (C) Department undertaking (D) Cooperative society
Last Answer : Answer: Cooperative society
Description : Depletion method of depreciation is used in case of– (A) Cattle, Loose Tools, etc. (B) Mines, Quarries, etc. (C) Machinery, Building, etc. (D) Books
Last Answer : Answer: Mines, Quarries, etc.
Description : The product range is widest in case of– (A) Chain store (B) Departmental store (C) Speciality shop (D) One price shop
Last Answer : Answer: Departmental store
Description : Give geographical reasons for the following : (i) Kolkata has many cotton mills though cotton is not grown in West Bengal. -Geography
Last Answer : (i) Kolkata has all the other factors which are required for a cotton mill except providing raw material. It has sufficient power s-xpjav because ?! is very dose to the coal mines . It has ... instead of sugar, the demand of sugar and khandsari is more so the ptoduction of cane gur is less.
Description : How many cotton mills do we have in India? -SST 10th
Last Answer : Today, there are nearly 1,600 cotton and human made fibre textile mills in the country. About 80 per cent of these are in the private sector and the rest are in the public and cooperative sectors. Apart from these, there are several thousand small factories with four to ten looms.
Description : In what city was known for cotton mills?
Last Answer : Feel Free to Answer
Description : The largest number of cotton textile mills is in— (1) Maharashtra (2) Gujarat (3) Tamil Nadu (4) Karnataka
Last Answer : (3) Tamil Nadu Explanation: Tamil Nadu has the largest number of textile mills (215) and accounts for about 5 per cent of the looms and 25 per cent of the spindles of the country. The state is ... in the country. Besides it is the third largest producer of mill-made cotton cloths (6.69%) in India.
Description : The enrichment of bakers’ white bread and rolls was made compulsory by the Federal government in ____ as a war measure to improve the nutritional status of the people. a. 1940 c. 1942 b. 1941 d. 1943
Last Answer : b. 1941
Description : what color is the word 'delightful' in your opinion?
Last Answer : For some reason yellow.
Description : What delightful things have your kids (or grandkids) done recently?
Last Answer : Well, I told a few stories about my younger son in that thread so I won't repeat them. My latest amusement is that my 4 year old granddaughter is showing great resourcefulness during the lockdown and was playing ... that would be at night and he'd miss us too much if he was away during the day!
Description : Does Valentine's Day get on your nerves or do you consider it delightful?
Last Answer : It pretty much guarantees a blow job…do the math.