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You Are On Multi Choice Question Bank SET 2937
146851. Which of the following ratios indicates the short term solvency of a firm?
(A): Profit to capital (B): Gross profit to sales (C): Current Assets to current liabilities (D): Current assets to fixed assets
146852. The term’depletion’used in relation to:
(A): Fixed assets (B): Wasting assets (C): Current assets (D): Tangible assets
146853. Which famous case deals with the insolvency of a partner?
(A): Garner Vs Murray (B): Royal British Bank Vs Imperial Bank (C): Solomon Vs Solomon and Co.Ltd (D): Daimler Co.Ltd Vs Continental Tyre and Rubber Co.Ltd
146854. Super profit is:
(A): The average profit earned by the firm (B): The normal profit (C): The difference between average profit and normal profit (D): All of the above
146855. Provision for bad and doubtful debts is created in anticipation of actual bad debts basis of:
(A): Business entity concept (B): Conservation concept (C): Going concern concept (D): Full disclosure concept
146856. Balance in a petty cash book is:
(A): An expense (B): A profit (C): An expense (D): A profit
146857. Which of the following is not the objective of internal check?
(A): Division of work among the staff (B): Error and fraud are automatically detected (C): Prevention of error and frauds (D): Allow the staff to do any single work from beginning to end
146858. Right shares enjoy preferential right as regards:
(A): Payment of retained earnings (B): Payment of dividend (C): Payment of capital (D): None of the above
146859. Which of the following methods of inventory valuation result in higher valuation of inventory when there is a decreasing trend in prices?
(A): FIFO (B): LIFO (C): HIFO (D): NIFO
146860. The amount of depreciation charged under annuity method:
(A): Remains fixed for all years (B): Decreases every year (C): increases every year (D): Recalculated every year
146861. The debit balance in the bank column of cash book indicates:
(A): The amount withdrawn from bank (B): Total amount deposited in bank (C): Cash at bank (D): Bank overdraft
146862. ASEAN came into existence during the year:
(A): 1965 (B): 1966 (C): 1967 (D): 1968
146863. State animal of Maharashtra
(A): Chinkara (B): Indian Giant Squirrel (C): Black Buck (D): Baison
146864. The author of ‘Hungry Stones’:
(A): K.M.Munshi (B): Ben.Johnson (C): M.V.Kamath (D): Rabindranath Tagore
146865. The portfolio of atomic energy comes under:
(A): State list (B): Concurrent list (C): Union list (D): Supreme Court
146866. The right to property was excluded from fundamental rights during the tenure of the govt,headed by:
(A): Moraji Desai (B): Charah Singh (C): Indira Gandhi (D): Rajeev Gandhi
146867. ’Ananda Maha Sabha’was started by whom?
(A): Dayananda Swami (B): Ananda Theerthan (C): Brahmananda Sivayogi (D): Mannathu Padmanabhan
146868. Razia Sultana was the only woman monarch who ruled Delhi.Her rule lasted only for four years.When did she ascended the throne of Delhi?
(A): 1326 (B): 1236 (C): 1623 (D): 1363
146869. The constitutional Amendment deals with the anti-defection law:
(A): 55 (B): 50 (C): 51 (D): 52
146870. The first woman to became High Court Judge among Common Wealth Countries
(A): Sujatha Manohar (B): Anna Chandi (C): Fathima Beevi (D): K.K.Usha
146871. The Nishanth garden of Kashmir was built by:
(A): Jahangir (B): Shahjahan (C): Akbar (D): Babur
146872. National Judicial Academy is located at:
(A): Pune (B): Bangalore (C): New Delhi (D): Bhopal
146873. The Parliament of France is:
(A): National Parliament (B): National Assembly (C): Folketing (D): Senate
146874. Disagreement between the two houses of Indian Parliament is finally resolved through:
(A): A joint committee of the two houses for the purpose (B): Mediatory efforts by the presiding officers of the two houses (C): Meditation by the president (D): A joint session of the two houses
146875. The famous Somanath Temple is in:
(A): Gujarat (B): Maharashtra (C): Rajasthan (D): Bihar
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