LA.S. CDmrm!r1:1!

2007

lof l4

CIVIL SERVICES (PRE) EXAMINAT.ION, 2007

~tandanh
<.\.-.~...,.,run (A): Aet,:ounts prep:m:d hy 4dh<,ing
to ~ccou.oting tnn~rd~ ore more rclinble.
Rea.~on (U) : ACC<>unting standards <1'1Stlf"e
application of-wtifonn acoow'l1ing po(jcic:i
11 hik prep:.ring tnd pru;enwiou c>ffinnciA 1

b. Rs 1.05.0()()

Cod es:
Jkl11 \ oillh.l R .~tt 111d1\ lluJ.II\1

tn1~

.mJ J{

, ...

.),

" l lniL'! uf productil/11

d. Double-<lcclining balance
Mat<.h List-1 witlt l..ist-H and select the corra:l

.c

3.

i.nstu'O n"-e l><ll iey <hoU btl ~ditcd tl) the c11pitttl
:~ccminl!~

ll.

answer by using the: codes given below the lists .

xa

l.i<t-1 (TYJW orA... )

A.

Lc:t~"

7.

--:'

IJ-1

\-... B-\

b. A I, B-2. C--I. D-5

c. A-5, B-2, C4, JJ.I

<l A-1, B-3. C-2, D-5

~nounts

of \on- Profit
Org:mi<>ations. Single Entn S\stem.
Panncrl>hi Firm
4.

b. reml!infng 1>artners in Ute new prolits horins

rtio
u. remaining pat1ncr; t<tuolly
d. oU pa1tncr! including the d=s<:d partner in
then-<:apital mtio
Under Gomer ws Murro)l rule. tba deficiency
of insOI\'tnt p3rtner must be btlnoe by the Ot.her
$olvt:nl pormor~ in propOJ;lion to .
profit sh;ui ng mli<J
~,

w
w

.e

B Frcchuld Building
C. L<v..,tocl
D. Quanie~
Ust-11 (Met hod M Dcprt..-iotirm)
l. J)epldion method
2 RcY31uation meUtod
3. Rixed inst..:alment mathod
4. Fund tru:tllod
5. Annuity method
Cod es:

of:

ce

ln :u:.:ortlun"" wiUt g<:nern U) AC""J'l<<d

:tccounting princ~>IC$. which o:fthefoUowinJ!
mdhods or amm1tr.ation i~ nononlly
re<:ommended for m~1IJ81blc (ISsei$ '/
a. Sum of ye.m' digits

On Ute death of a part ner, U>e >mount orjaintltl'o

ra

A is. false but R L<lrue

' R l.l<S.Ot
d. Rs 1.35.\lO(I
Which on<toffhefollow.ing is the coiTilCI
s ~1ttm<nl ?

b. Both A anti R ure individuall y true bul R i~

not the correct e.<cplnnat ion of A
" ,\. i> true but R is Ln}sc
d.

om

Pur<:has"'
Rl; 1,00.()1)()
lnlcrcst puid
R 3.1)(10
Closins st<l1.:
Rs 12.000
Wb3l is Ute OOSl of gnod> ~old ?
a. ils I,OO,oM

~~~etlemtilll".i~

R.!! JiOOO

Opening stock

\rrounting Conrrpts.

l1t<' (oUowins particular, = ov~il:t~le lrom the

o<'COUnls uflV[r. X;
Direc-t expenses
R. li.OOO

8.

.:Jmt.al rahullCJorc the dl!wJuUOt

c. capital f"Jtioaller tlte &<solution

d. ""''" received fi-oJI> pnt11tcrltip ~n~..
(Hssolulion
At the tim<> ofdl>5Qiuliun of o portoc:rsbip l"U1tt.
~n unroco.rdod liabdity i bken ove.r by par(fler.
\\~t is tlre journal entry for ti;C()r'ding the S<Utte
in tbe lw>oks nfthe finn 1

b. Realisation AIC d~bil<:d: Liability /\JC

C'r<dited
c. T.i~bil iLy NC d~~jteiil: Rcoli~nilqn ,\.C'
<rcdit<:d
d. Liability AIC <i<bit"'I:Pat11ret's Cpital A,C
cr<:dit,-d
l\IA~imum 'I ,(Iss Mt:~t<Jd is assoeiatt:d '' ith wltieh
one of dte followin& 1
b. Apportionment of loss of par\ocrslup iirm 1o
t>artners

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LA. CDIIJJIIt'J(!I! 2/JOT

!l.

or proIii and IO!is uccount of

during U1e year , Rs 7.0110

Sub,otipliOJI> out>IJIJ:Iding 11tlbe beginning oflbe
year ~ R.l 1.4()0
Subscriptions oulstJ.nding Jttho closing of UIC
year R. 1.600
\\1h41 is the uberipti01110 be credited 10 rncuruc
liOd E.~~thture Aecounl ,,f U1e }'ear1

partnership finn
<l Di"n1llllion ofrealisatinn Ins~ 10 pM1n<;rll
Cuosiucr lhe following <lura :
The a<!jll51ed minroinable pmlil : Rs ~O,OtlU
Cnpiutl L~nr>luyL'ti : IM 2.00,000
Normal rnte of return : n~
Capilnliation 1111" : 20 ..
\Vital i. lhe value ofgoodwill on the basts of
"''PitJ!lzalion of sul"'r-profits1
b.

R.~

40.000

14.

c. R.~L,OO.OOO
d. R. 60,0lKI

h. hown in the Income i>nd Expenditure

Acwnnl

c. shown as scp:uule U.bility

d. not shown in U1e nc'Counts

finanl'ial Stah'ml'llh (Final

\ ccountq

orrot!

23li

xa

Dr.

15

t nxlit purchasl!!l oi'Rs 105 &om M . Y trcdiled

to him"-" Rs Sll l, whereas credil sal<:! ofRs 2.~6
toJvlr. S ck:bitod lo him ~ Rs 632.
What is !he recrilication enlr) for tho ~bo-e

236

Dr. 501

I,.\

w
w

Cmllli<fenhe following da~a

Opening l)lllonec <JI' C1'00illl.~
I' aymcnt by cheques
l?aymeni by bills payable
Paymeni in ""'h

12.

~9t .

DiiiC<>Wll 1'<:'-'CJ\-.xl

3%
R:1.. 110.000
Rs ..1.70,000
Rs. 50.000

Rs. JO.uno
R.... 3.000

Purchnse rewn1>
Rs lO.l~lO
Clusi11g bnlnce of ~"'"'"""
Rs. 95.000
On ~lC basis or the J bO\' C data. what is tllc credit

purchase ?
11. Rs >.w'.WV

\Vbile p1'Cpar:ing Tdi11g ami

l'rofi1 ""~ L.,. Accuunr ~nd Bolance Shoe~
djustm~11l~ g;ivcn ouiSicle U1c Ttial &lance ore
tre.-alcd l\rico.
Reason (R) I Adju...lm""L~ ~re lo b.> ttUlde l\11cc
because of the npplicotion of ruotchlns principle.
1

<l S Ala

To,.

:\sls<~rlluu (A) :

""""'

("

501

.e

b. ~ Ale
1'(1 Soles

In C,ntt::\1 of finrtl acoolinl gf non,profil

organisallons~ legacy iJ

ra

c. 2 ; 1

IMM

l"tn\'oh>se A c
fo'

cl R.~ 9.000
Which one or Ulc fOJl!l\1 ing Sllllcnlcnl i

.c

A and B ;m:: prutn~"' sh;ldng profill< m tb.e ratio

of 4 : ~ C joins us a partner, the ntw JlfQLil
shnrins ralio among A, B and C being 7 :4 : 3.
\\~1al i ~1.: !l<ltriftcmg ralill bd\\loell Aandl3~'
:L
1.1

\1~

Rs lCJ,(XI()

con'Ccl'l

b. .I J3

u.

lU 7.000

ce

Ill

3..

om

c. Prcpanarion

2.of l 4

16.

Bulh \ .m,ll( ~re nuln hLuU\' tm: ~nJ H

b. Both.\ and R'"" individually lruo but R is

nul ~~ conecl l:l\lllanolion of A
c, A "' true but R is tobe
<l A LS fab;e but R 1 truo
<\.'<Srrljoo (A) : Fictillou ass..isorcactuolly
revenu" <:J<pendilnre wh kh are letnt>oratily
copita lised.
Reason (R) : 111e.e assetS, therel'on>. limn pn
of copitld employed ot tJJ.e nOI- wo11.h ofthc
bus in~.
Codes:
a BoU1 A and Rare individually lroaond It is
I he correct cgplan:llioJt of A
b. Both A and Rote individually tne hot R ;~
t\Qt ~~~ con'IOC!t oxplnnnl.ino of A

c.. Rs 6,00.000

ct Rs-l.flil.OO(J
13.

d. A is folo but R is true

Sub!!CtipM nsl'<leci"cd
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3 or 14

n.

struem.c..nt 7

'IOe closing ~wck m~y AJlPC'lr 1n tht; rrl0l ~~~~~nee

only when it is
a. ~dded lo to~1l sole
b. deducted lrorn touil sale
e ffusted against opening inventory

kuown1U 1

Income statement

1~.

c. Fund flow . uemcnl

d. Valb~ added slllt<1tknt
Which one of the following items dQa< not
"PI"'"' under tltc h<:Jd 'miscdlancou
el(penditurel 7
n. Pt'Climin31'y cxt~<.''"C!t
b. Dil!<'ount on i$sue of~hre ttnd debentures
e. Undm' riting conmtis.."icm on sh~

Which one of the folio" lng Is lhe con-eel

.\rrounlino for Share and

Ocbc11lun:~

24.

Which uneJlrtbe following slJitement is eom:ct'/

'llte ha lanc:e of'Capital Redem111ion R<>!erve' can
bu used for

c. Rs 1.000
d. Rs 500
\\'bile prep:uing filllll aecouniJ. odju~tmtllt
entries dea l with which of Uta foJIQwing Y
J. Ji'<p<'tl>'<.:s WCUITOd
2 lncome t-eceivc:.-d
3. E"per~,c~ oul,mnding
4. lncmn.; received in odvan~
Sol<ellhc oorr:Lanswcr by usin!l Uto cock.-;
wwn below;

e. Fixed ~SS<lS
27.

d. l ,hnd ~
How hould aU nrre:trs of~.umulativc
pref=nce dividend,$ b.: dtO\u In b~lm!Ce sheert
/\.\ ntln-currenl li3b~ity

w
\L

c. As au outstanding li>hilll,i

22.

i><caicul.tl<:d on the
ba<i. otwhiob oneofthetollowing 1
a. Tolal asNl<

.e

b. I ami S

21.

Fnlnll!<tc\aluqCJf~ha~<

I . 2 3 nud -1

w
w

11.

c.. writing onprtlirninary expo:n.,i:>

d. lloclarlng dividends
\\1tich one of the following statem~nt< is oom:ct
foo I'~Juntion ol' right.> under Right hsoo_, ?
"- 11te market value of exii!tlng shares is to be
<A~nsidcn:d with tbe issuo: prio~
b. 111"fC<:. value of oxL<tittg ~b>rfll 1s to be
oonsiden:d witl1 tbu i.sue price
c. IOc morkel valoe of exmlngsb:m:s" lobe
consid<:rcd wit11 the faet: value

ce

25.

xa

21).

issuing por1ly paid up bonus shortt

ra

Celnsidenhe following data ;

Opening Cllpilnl
Rs >.0011
CIO;Oing cnpitnl
R' 6,000
Dr.m ings
Rs 1.0()1)
New et~pital introdu~ R SOO
What~ u,eJJI'Ofil ul'theytar''
Rs

:~LI!UllcJ :!~3 tt..,_l HJh.:IW't.

om

What Iii ~tc ~alcme.u that shows the wealth

which thu butin~s hM ~tcJ ond ho" it ho.<;
heen ~i~t.rihuteil tnnvJ18 thllinvhr> h~Vc ~ttd,

.c

17.

d. l\s cum:nt liabilil)

\Vht is the li:tbility un bills!Ifexchange rt
di>'COUntc>d ?

2S.

d. Glms current a5!SC\S

Cnpilll. rdluetion 01ecnunt 1.~ J1fq_):u~l fn llH! talte
of:
a R..'dem-nl reconsh'UCtion of a compan_y
tt lnta n.ll rocomtJudwn of .a u.1m 1n
e. Absorption or a. company
ll i\mJIJS>motion Of two C011tp6tUC8
Consider dte lollowing s~'ternenllt relnting 10
tho compuLtion ofncl asset vhte uf sl.1nn:s :
computed eilheo' by
I. NetMel vo lue
the net asset method or by tho no::t equity

"""be

m~'lhJ>d.

2. lnlnugib 111 a'"dls ~~ tako:n into accounlin

b. CuJTCnl .liability
..:. Non~tm:ntliability
d. Lin1ittd liability

computing r.he net -ns~el valua.

'A1ti<:h ul' U.estatetl)Cltl!l !liven above. IS are

correet1
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I.A.S. Cnmm<'I"C'! 2DfJ7

4 or l 4

Toral asscl~ lumov~r : 4tlmes

Net profit margin : 100~
Tota l hsols : R !111,1~)1)
What is Utenctprofu ?

d. Neither 1 nor 2.

Ratio :\n;\1\sis

s.ooo

Asst'rlion (A): Tmding on e~uity is

ftiC('tnmendcd in n.siturttiun wltcrt rate of return
is higher thm tl1e cosl of capital.
Redstln {R): Tr.10ing on toquil)l nt.1gnlfi"' tlt~

d. Rs '25.000

34.

l11e capi~1l of comJtany is "-'f ollows

om

29.

b. Rs 10.00()

R.s

9"o Preference shares of Rs lUI- e>ch : 3.t~t,ll0\1

Equity slmrc.- of !U 10' coch . 8.00.000

liPS.
C.ides:

LL,OO,OOO

.c

Additi ouallnfonn.11io~

lU 2.7(1.011()
Profila n.... Ia:<
2oq.
Equity dividend :
l\lr\1~1 price oftoquityshara~ , RJI40
What is lht pria:-<:aming ratit ~

not Ut~ con-eel e:q1lonatioo of A

A i$1nte but R i~ f~lsc
cl "- i." llil.<e but R is lrut:
For what type of compony, high g.:.'tfeil caritl
structure is susgeyted 1

30.

Company
n. '' hich i~ nt\\ ly Sill up 311d malting mudor~te

profit
"tn.:h ~~matured ou.:: .Iutlnt.aLmi! hu~

mill

xa

d. wltich it hi the state of rcc1wery oll<:T

making lo$ses lor ~everal yeo~~
A wmpnny ' vilh ~ poid up capital ol' S.()Q()
sh:~re~ nf Rs l() eaoh hm: a cap~nl turnover o.f
four times with" margin of 8uun "' \1~101 is
the return on inva;tment (RQI) of lhe compttn)' 'i

.e

31

w
w

" 2R~u

32.

35.

i\.s.o;t'l"tion (A) : Dcct\:OSc in cwT<:ntliobilities.

Codes:
a. Both A nnd R ore individt.,lly lnte ona R i$
tb.o CQrrcct cxplaruttion of A

h. Both A and R ore individually true but R. I$

not Ute con:, ct explanation of.\

35~(1

...

~2"

d.

,..,, on 3 1-1 2-2001i. oomtany'.l lfohiliti"" were :

Equif) c:.rit>l
Rll 1.00,000

Rs11),000

Profit
Rs 14.000
Rs 1.10.0011
Loau
Ci'cditor&
Rs .30.1100
Pmvision for t:t""tinn It J4,1100
Pmpos<tl dividund
Rs ]()_(}()(}
Wltat is the proprietary ,.. tio nf the company 'I
a.

1: L89

i!.

1.35 : I

d.

' ; 1.03

Coru~idcr Lhe

Sta ttmtnJ'

without decrease ln commt :aJ~ts- will increase

11 n'king capit~L
Reason (R) ~ Equol incrc:ise in cui'TI.'Dt lhbilt~
and t.:Unutl 'I.Sset~ wil l io,crca~c wnrkU1g '-"tlpita1.

d.

RO$ene ,

33.

Fund Flm1 Statements. (ash F'lo1\

b. whk:h is motured on but m~l..~nlf los

b. 1.5
e. 11.12
d. t2.12

ra

c.

ce

b. JlQlh A and Rare indiWdunllytruebul R is

\ , .. uuchut

f~

" 1.1J"-

AJS false butR. is tro

11 following. infomtalinn is ;n~til~hle from

!irumciolstat""'cnl! of company :
Net pro!ii
Rll:!O,OOO
Opening <IOcl.::
Rs 20.000
Rs 24.0(10
Closinl!'locl;
Opening dcbtOB
lh 30.000
Closing debtof!l
R. JlO.OOI)
Wl1at is tltc ""-!h r,,;n, opcrotiorut of~te

tlt~

b. 16 l S.Ul)(\
c Rs 12.000

<L R.~ 6,tH 10

followins dato ~
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LA.S. CbinllilitJ! 2JJ07

\Vhjcll tine of tho tbllowillJ! Is not discloseil in

dobcnlll""' or other curities wh1cb have been

sold t price los.~ th.ln lhoir cosl'l

lhc <lntcutont of l!llSh llow!l, cithi.'!' on the face of

th ~131C:.nont or in a cpomtc $Chcdulo
a. OIC ntl!,ior c.lns= of groos cas it ra:ciptJ
b. n .eamoum ofincome ~"' poid
c. A rt.>Conciliation of net iocomt.\ to ntlt cash

B<rnking comll'lllY
b. J\ lnnuf~cturing comll"DY
~
c. ..,ence
onen1ed company
0

now lrom opet;~tion<

Mtot is the priltlAl'Y objecthc otTall Audit uls

-14 AB aftholncome Ta.~ .'\~L J.%1 1
"- To :!Sliist lhe mmagement in Clllllpuling i:t.x

iil!idiiil#
Who conducts the eOktency and propnety

~ability ;oc:cutlltoly

audit?

c.

L"o :s.":;ist Lhe management in ri!gard to

~rr~th't' ta~1t plmning

b. Cenlrlll Guvemmcnt Auditl>rs

cL

c. Comptroller and Auditor Gcr>ct~l of In din

l'a 3SJ11Sl Ule t:t.x :mUwrities to collect more

lAX reVCJlUC

LllC-11 Fund Auditors

AsS<>Uion (.\):The duty ofdie auditor is lo

P"'l'""' the ooudil l'eJlOri nd s1gu il.
Roason (R) : It i! not tho duty ofOte auditor to

In which nl' Ote fullowms cos<:l;, dn<:S Ihe ~uditor

uhmit .l.on!l Fomt Audit R"p011 (LFAR) in
oddition to tho main audit report 1
a. ~ lanufacluring comll'lny audit
Coton<tull\'e ociety ttullit

1\1 11

the: urn'OI-.1 c-<ul.uuatlnu ''' \

A is U\Je but R is tldse

d. A h folic but R is lruc

xa

<l.
~0.

ra

sec ~t3t his report Ita~ lx:cn se.tt 10 ~ban:bolllers.

Cod...,;:
Both A ami R 3re individuolly tnte nnd R ;,
the eot:n:<.1 cxplanotiou of A
11
UNh \ m~l H .u:... tmll\ ulu.dh btlL' bul H 11

44 .

ce

d.

om

38.

.c

37.

sort4

Comidarlhe rollowing stolemeol

L Liobilily of prof.,.>ional u<X:OWtGUlts ;,.
unIimited.

Pr\ll'cs!liclnal ~Cc.i)UIIL1nL C.itl

ft.rrn <)nlV

.e

partnanblp ftmu.

'

w
w

\Vhidt U( the stolooh:nl' givon ubo\'c is'nro

con-ect "!

b. 2only
e. BnUt I nd 2

~I

d. Neittter I nor 2
\Vlticl1 one oftbe following as :m eumple of

lll'tOI'S

ofprioeiplc ?

a. <::rcdir pul\:hu~et; ~fRs 5(),00() from l'vlr, :;

c:nlcrcd in Sales Day Book
h. Cra:lll ~a les to Mr. Y Rs SO.VOO is not
recorded in Sal"9 Day .l3ook
~ Sllltionery R.! S.OOO dcbi\<xltoSolilry
,\.,.,-ounts

~ 2.

In whi~h of tlt<> toltowmg companie, the >udirur

is Mt rc:quiulllt~ hK1k intuthc >ole <11'hao"-<.

Mi.

d. .EducotionaJ institution oudit

nte M~ntfacturing nnd Other Cornpon i"'!
(,\uditor.Reporl) Order. 198H {MAOCARO)
dll<)s not include COTnJ)3n) engaged in which
on a 1>f Ute lolloiVing al!tivitit;~ ?
a. Supplying and renderin,&servl.\<5
b. "frodiug
c. '11>e business of financing. investment. dtit
f'und. nidhi or n>utuol bcnetitsocicly

Whl is an oudit of <!l<ocutivc ootion ond plans

bo:tring on Ute Ji no nee and .tho ex 1""1 diture of tbe
tompauy. knowu.as?
Pmpriety oudi1
b. TII'ficjt'ltoy audit
d. Opernlionol udil
1\.llitch ListI "'ith List-ll and ~lect the cwrect
an&wcr by tt<ing the code>; giVCJl he:low the Jist~
Li~t-1 (Trons~ct ion)

A. Sales
13. l:.Urchases
C Payment
List ll (Typt> of Misnpproprlotion or
C ah)
I. Conccating cash. rcc:eiwd
2. Teerning and lading
3. Suppressing c-redit nok..

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LA. CJ:rmml'fa! 2DOT

4, Money sbown a. woges by entcnn!! dummy

d. A-2. 13-3, C--l Dl

n.o:mes

\\1lllt is tltc most ttn)>Ot'bnt objective Qf internal

liVdit 7

Which ly f.l<' .or udit ;, compul;ory for n btlking,

orgonlsotion 1
" Periodical oudlt
f l mlmuuue

53.

~tuhl

c. 1\bnagconentaudit
d. Interim nud it

en~.r.JI ' It!\ t: lllfliCOI

54.

tc~b.nique cxen:is.xl

b. t..lisappropciauon of goods

i\t.tch List-1 with J..lsHI ond select tlte corrcet

answer by using the code given below i.hc Lists
1.1<~ 1 (T)'p<$ or Error')
A. Errors of commiss ion_
B. Compeuatins errors
C. I!Jrors of pnnciplo
LiSI II (F:XMnpl~)
L &tcorrccr ollooati<Jfl of ell:penditun::
2, Counter b lanced error

c. Fulsific31ion of :><:counts
d. Ellrl) cOinplclion of a<:eo>mls
C'mt~jdcr lhc fcJUnwing otq>ll in <>~limutiQI1 of

ra

50

b. Aodit manu.1l
Audit progtouuno
d. Audilroport
T.x:ming :lrod lding' is
wlti> tbo motive nf

1:.,

ce

Who dlrcds o Sp<;<:iru audit of """"unlli ofa

COilli""'Y 1
a. Slm-choldcrs MU1e cmt""l'
b. Company U.w Boord
c. SI!Bl

om

48.

b. Facilit1ting linnl oudit

c. Thtrl) finali, utioo (of annual accQunlS
'll Ensuring <}'l<tematie accounting
lo tho c:oniCl'<lof oudit. whero>:u'c: "What \Vwk
wn. dl)ne ond h)' whom ~nd wlui Ol>'Jl~11!llllons
and _infotln.ation \~tt:re givc:n ;wd by whom"~
shown 'I

.c

!'odes:
\ L U-1.1.'h. A I, B-4, C-2
o. AL.D-3. C'- 2
d. A-2, B-4. C'-1

xa

5$

3. lncorrccl rccor~
Cod es:
. :\3, B-1. c-2
.
,~

\.;;_1-L~-J

A-2.1:!-1, c-~
~!lltcb Li$1-1 1\itb ListllnnJ select lh< comx:l
amower hy us ing th~ codes given below the lil~

<..a Jital \larl,rt (~turk E\Chancr)

56.

T.i>t-1(M<Ihud ufC"lot..:king)
.\. Vouching
B. Routine Qbccklnjl.

c. \'ed.ii~tion

0 . l'est chccld ng
l. lst-U (Exoonplc)
I. C"hocldng of cot ""d Jl<lsllng
'2. <.:necking of cntnes

' C"hcc.kit\8 (l'lrtial c-ntrie<

Enquiry mlo !he volue
Codi'S:
, , A-4. B-J. C-2. 0.1
' \-l.B-I.C--1 IIo. A-4 . 13-l. C-2.0.3

oow

c. 4-.32 I
1L 1-1-3-4

w
w

51.

.e

b. A-2. l:l-3. C-1

mpling :
I. Determine thesamp lesize
2. rako saruph: and <ktcrrnlnc the results
3. Determine sampling plan
4. Evnlunt<~Santple result~.
llte ~orre<:t sll"'"lCe of the ICJl!S giwn
.. 2-341

Consider the following st1temel$ regording

\\lulllliC Fund<:
J. Mutwol fund~ con porticipate in opti<u\8
tr.1iling_ and canyinJ! fonu1'd trnnS;aC-IiftnS in
.securities.
2. C. h;tu.1J funds. co.n nl\'esl m tr:on.t\lnl>le
oecurlties in 01e money .1nd c"pit!l mnrkets.
\\1oielt <lllhe stalerncnts gi\'CI1 ahqvc ill!are
eom:ct 1
a. 1 only
c

~.

Both l and 2

d. Neither I nor 2

57

SEll ! is~ued guide fin"" fqr di<closure :md

invc$1ors prole<:~ ion based on t)..., guideline'S
gh'i!n hy tbecomminee UDder \\hose
cltoitmllfo~h il' ?

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LA.S. ~ 2JJOT

xa

C. Scc.uritid "-Od Future..~ ('onunis~iou

w
w

.e

D. FederAl C'ommf~imt l'ur the Sc.:\lriti~

l\llukct
List-II (Country/Ciobol flin~ndal
Mur'kot)
I. l~w;si N
2 H<mgl'tnl!l
'" l'ur:key
4. ' l'h:u!Jnd
5. i\<l:tfu_ysia
C'Od i'S:
\-~.

8-5. I .;!_ IJ-1

b. A-2. B-1, C"-4. 0-5

c. A-3. l!-1. C-2. 0-5

61

a.

om

Clcs:

A-2. B-1. C-4. 0-~

\'1 , A-3. l!-4, C- 1. D-2

d. A-3. B-1, C-4. [).2

62.

C'ttnsidc:r the lbllowittg tnteme11ts :

J. UTI i ~bbtished by an 1\Ct nfParliament
in 196~. So U11 do..-; nol t:om~ under lh~
Sf'-'31 regulations lor nmllml funds.
2- II lutoo I fwtd. orsnn~alions can inYesllheit

mobifued fuuds abtoa!l.

vol11tiliiy m pnccs ofSci;,Urltu:s.

Match J.ihl with Li.t-ll an<l sciM the currect

amwer by LL1'ing lh~ cl'l!k< given below the li<ts
List-1 (Rcgulotor or c apital M-.kct)
A. Cnpitol l\!JukctBonrd
13. Securities Commission

No exitp<mihle till Ute closw-e of the

scheme'

b. profllnb ilitr. ofsecu ritics

c. markaobility e>f s~oriti""
60.

ra

d. Neither 1 nor 2
Ill capital morkot. 'Bolli' i' used t.o measure

3. Tt i~ l~o known os I'Cj),ion>l or oountl') ttlnd

.c

d. Kclk:Jr
The C'nmmillee constituted by SEBiundar die
eltoininsbi11o(Judicc Dr. Dhouulorhad whteh
uf die Jolluwing tOlltlS of refertnec 7
L Rc\~w llf intcr3lio . die SED! Act. SCR.
Ac~ l.lepo<it.ories Act and tha provi~ions of
the Compnics A~l pcruiuing lo the capibl
mrket
2 T<llcvicw Uto palul JIIO\ isjun~ oontinotl in
tho Sectionf 15(AJ to IS!J) of tho Sccuritie.
L3\IS tAmtndm.:nl) 1.1
Select dio correct anwcr by usmg dl" code
given btl()\\1!
a. I only
b. ltmly

t; GmwUt Fund Schetno

D. O.lf..>Sbo"' Mutuol Fund
l ,i~t-U 1Ch.rc1oristlc)
J. Jt offers capital apprc:eiatioo oftltc
llnderlyinl! tm'<>!tsnenl
2. II js a fwtd accepted and liquidated on o
C<>ntinu6us b~;is by a Mutual Fund Mru111@cr

ce

ss.

7 of 14

d. A-2. B-5, C-4. P -1

1\LlWlt Li<ll \\lib Lisf IT ood ~olect dto ooneci
onswcr b) using tJ~ cotlc!< given below lh.;ltlt~
List-! (\\lutual !lund S<ileme)
A. Open-Ended Mun~all"und Schen1e
B. Cl,..eEndcd i\futWJI Fund Scheme

63.

WlHcll ofthe~tnl<;tntllts gi1't11 aiKtvc '" ""'

oom:ct 'l
._ I only
b. 2only
c. Both I and 2
All$. (d)

C<msider lh.c fallowing sl:tt~m<>nts :

I. SESI ocL ojudidoll>ody ond has the
mo pO\u LIICf'ivil Court~ Willet Iii<.
C'ode of f'il'il Prilt<IIJ'I}, I'XIS. while trying
a suit in certain maU~:-1:3-.
2- SEI:!I $hall bove powero ol holb the C:ivil
Cow1s nnd Cnnri'n:ol Court. under CI'C and

or

~R,PC

Wliiclt lif t he &1AtetHL11l' sivctlbvv< i~"'

correct;'

b. 2 only
e. 13oth l nt12
d. NeillH:r I nor 2

Business Organisn1ion and

Comhinatiun ln~uranct ( Lifl'. Fire
1\ I a ri II('. Ctutrall
l\b lelt l..ist-1 wi(h List-U und 1i4'ltll:ttbe t:om:cl
>llJ<Wcr by using tho co&:. given below the !Uu; :
Li~t - 1

A.

~ l:trine inmnmce

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B. Voyage polky
C.. Bloek policy
D. .lniSon
Llstll

71)

lluuwlng ol'fce~1nin C.11'80

2. Va lue i decided at dietirn<H>fl'onning

om

policy
3. Lloyd' As>odnlion
4, Lmd ond eo risll
5. Corgo
Cod es:
u. A3, B-1. C-2. 01

b, ;\ -I, B-5. C-4, 1).~

c. Botlt l ond 2
d. ~.;!lter l nor 2

d, A I, B-4, C-2,1).3

71.

Cm''"'luepti l Luss l't!li~y ts an e.-mple of

;a,

l{ed lnk lnterest ;,

noted 111 whiob one nr the

li Jilowing V

ce

in.~urunce of;

.c

,1,

d. Clearing nd r~rward ing ogent

Comidcrthefollowing<tat<'mCnls :
1. Mo;r<:hotnl banket11 need n<!l mintain ba)~m:~
hocL capy of the nuditor'& rcpoli 311d
statement oftinaocial PQ<ition ,,rthe bi>.Ulns
compony.
l . ' lilere is no stipulatil>n f<>r a le:td m3nf!Cf 10
JOO"fll underwriting obli8lltio!lll.
\Vhiclt nflhe statement gi,....., abaye i are
com:ct ?

b.

Jl-x.isling a"sdS

A~<:llunt eum:nr

c. Capitol accounl

c. Re-msuranc..,
<l Double imu)'l)nce

ra

72.

1. Prit'ale rcmiunnoe rcduo<:s pr<:!$Ur<l in lht:

GrcH! [>fotil ptfCl:lllllgt$ <Jit I.UnH)ver fc\r \he 14$1

three years wcro: 20~&. 25'tu ond 2A~o. ln lho
cum.mt year.. lhetewas fire in "l;q' which
destroyed 3U stock Open log s tock was Rs
<(),0(10 at cO<l i'UI\0~"' ana sali:!! upto Ute dte
of lire amounted to. Rs SO.OOCI ond R.< l.OO.O()()
resl""tiVIIly.
What i! tho-value of clooiu.g sto<:k lbr ckim wilb

xa

(i(>.

.e

b. Rs 43.(1()()
c. J(> 23.000
d. R< 13.li!M)

73.

lixehange conbol me.n ures :>re to!("'l by Ute

Rcs..ve &ok oflodia to:

w
w

Allln1lustry R~te i.<; "-'ociatod with wlu'oh one

of tho rollowing 'I
n. Duty drowback
b. Duty e~ulUement passbook
o.. hlolket <wvelO]lment >$istance

,he CA4hnn~ t.ll.l

b. oontrol tJte flO\\ of lbroign C:UrTeOC)'" into

lodio
o.. reduce the ~''"'l~bi.lity offorcign CU1Tel>CY

.:. Reserve Bank Ill' India

6!1.

II i~l C:~JIOI'I~Th

d. clteck..tbreigo currency pecu~tion

\Vlw issues tho Sma.Jl xport.:rs' Potiey 'I

E."<pol't Credit Ou:~r:mtee Corpom1ion
b. Chomb<:rs of Comme.-~c

Who i~uilS lhe l..et E.~port On!,. 'I

\Vhich <)ne of lhe following .sttemenl$ ~

com:;!.!t'1

w
68.

eorreot ~
I only
; B"1h I nd
d. Neither I nor 2

Fonign J'radr (E\ wrt-lm wrO

67,

balance of p3)'lllt:111.!L
2. Invisible recelpL' a11d Jl3ymert" are recorded
Ln curu.--nl account ofbalonca or p.1ym.cntS~
Mti~ ordie sratem,, ls gi-.cn a bote is'are

b. 2only

ln~urance comp:any 'I

IA@iiij

d. Cash accounl
Consider thcfollowug Stlltetrten" ~

\l:lllagrment
74 .

McC!cll"nd's Ncods TILeory of~fotivtion tzalks

bout dill'efllnt needs th~t 3re n:lel'antto
monage~t~tllt Which of~1c foll'o'>ing r<>UiotO 7
;1.. Power. actual17.3tinn. peopl

Shipping ag<:Dt
e. C.Jtloin or Ute ~ltip

c. Affilintion, P"-stige. OICI\taliznlioo

d. Peoph.:.trcsligc, achie~tm"'lt
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/AS. Cl:rmrm!rcl! 2!107

7~ .

9of l 4

c.. tie ads as a. laison between

dcpartmonts Qt ot'gonisauom thDt ore iu
f...:ttut:nt contact

Wlitch of tl.e followfn~ qunlili"* arc the fcmr

essential roquiremeots of ctivo llst.enins 'I
~' ll.'<pl'e.~~ion. emp~th) , n<:c'qltnnce, curi<~~tity

1111;;;1 cb.; p .111R1c;ULll \. IDIIIHUII~IIUII

~-

81

contct'?

82.

nusnagt:rS
Oecl~ion

is ~rossfunction:~l in uahtte

b.

given ocluw :
a. J ond 2 only
b. 13nd :; only
c, loJtd 3 onl~

ra

the job witlun lhc organisational structure

Which one of U1e following is not relate~ lo
splmter<-'<1 authority?
11. Ded~io11 11atlehy rwliotg nftwo Q1' mnn:

function of m:ma~ment and nol JUSt one of"

il14 flluC:ti()ns.
SeiCCl the ~orre<:t anS\\ or h)' uing the CO<ielo

ce

a< th pdvikgc~ of a job

d.

.c

A job specification best describes

a. job eontc-ni.JI. cnvimnmcnt und C:(ll\ditiun~ or
employment

c. the re~ponsibilities """ oblig.1tion. ""well

\I.JWJJlG" llJ\.: W rqKJ11lO HlOI"C !lUll 1101..

d. Deleg;>tcd i1\llhority con bu tecov<o:ed

a.

xa

\\IJlich one of lbe following f01ms of

organ.izotion wouiJ b""t duscdbc tho blend ot
dep;~rtmentalion by !\motion ;~nd
dC(Iartmcntnti<>n by product ?

Comidcr lhe ibllowlng <!otcmcnts :

1. I heory X observes thnl ~""'~''" ..,, tl(<ise
o;clf-dircction and accept responsibility.
2. Aooording to Dougl:os McGregor.
ll$KWnptio!lS Oflhe ~tcOty Y hed <.opturcd
th<: true na)Ure of workers and should guide
mnnagcmc:nl pn.1cticc.

Which oJ' the <tal.,.neots gh""' above ill>;ue

tmrcot ?

Vinual orpnisatitrn

.e

78.

Which of U1e t<llo11in8 m tcnwnt

~luru.:terf>e coordination "" a fuot<:tion.1
J Lt ill tbe orderly arrangement of group efl'oo'l$
to c1tSw\! unity of ac;.lion for accomplisltlug. a
oommon objCCh\'e.
2 lt oi<\:CSarily hJ. time, quantity, qUlllity or
direction dimension.
3. Ll lli rc:gardcd by some a5 an oil inclusiv~

om

7~.

rntcnsity. empathy. aCCCi'UIU:o, wilfingnC:.SS

to take r.:sponibilit) for completion
d. Aeooptanco;. empathy. <illtpN!I>IO!L iotonsit~
Which one of the follo,~ing slat..nent. is

w
w

b. Strategic business unit

c1 8nck :md mortar

i~ tho

83.

Which one ofihefolk>wins ;, the power that

:u-ises ftuntidcnl-iliC(tli<Jn with t\ J:x=r!inu wlm htul
dosi.n1b1e resources or pee:sonnltrnit1 in Lhe
cont.,.ls of leadorship ?
a,

Re\\ ill'd po1VO{'

b. ce.giti noot~ pQWCf

From rn anag.erial p<:r8pettive, which

must dcsir.tblc foo1n nr cuntrq11
11. C:nnlingency control
b. Fe:dback. <:Onlt.ol
c. Peed forword control

c Both I anci l
d. Ncilher 1 nor 2

Which one of(be following ;, tlte corr"'t

l:l.~p<:rt jXl II <1'

~lnterm:nt 2

1n lbocoolil:'\tofooordlnation. a ruaJ).1~erJs s.:tid

to b<o playing ll boundluy sp~nninQ rolo ''hen
11. be conlrob or Ink<$ ~pOo$ibiiity a""OS9
~cp.~1 tm..,IJo I houndmi~:>~
b. .he llS!Um"" nn addillonol cbltfll of a unit
over :ond ah<we his core charge

K4.

Wluch ono of the following is not a type of

Jcalk:r idenlifiod by thttpoth gu:tl Utoory of
let!cWr!lbjp '/
ll
Dir...,li"i l""dl:!
b. .Participative lender
d. Surportiw lender
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10 o r l.4

1\lntch List-1 whh Ll>1-H and selt:etthc correct

QliJWC!" by using the 0000< @iVen below tlte Jist< :
Li<t-1 (Propounder)
A- Ronsis Likat
B. Bln~'e and Mouton
C Touncbountand Schotiilt
0 . Fr<d Fi<:dl.x
J. isl-11 (Theory)
L l..e:t&rship M a contmuwn
2 Four systcm.sofmarw_gcm~;nl
~- Contiugency theor)'

~' ilhin

lheir :mthority
d. Rcspon.sibility ol' actions c;mllOt be more or
ic<s lhon Ute deleg:lled uthurity to perlbrm

89

M~Mgcrial Grid

Cod<''"
n. A-3, B-L C-t D-2

c. B.vgoining Jl<lWo:r nf$uppliors

d. rhreat of new rompnles entering tlte

!Jist-f

B. Verbal CQf11prehen~iQn

".No particular man01gmuml action b3sed on

pl:mnmgstrategy will be suitable fot ~IJ
situUOO$," is o basic "'''ntis~ ofthe

m
91

d. role appro ncb

MtiCh one of the foiiOWini! SIJltemenl is
ot~n-ect?

Codl'S:

a. ma.ximising deci~ion

xa

Bounded ration lily llfll'Och to dedionruoking cosults in

c. A-3, .0-2 C-L D-4

<l A-J. B-t, C-:1, .D-2
Which one oftlte followlns stnem<~nts abtJut
election i not ' 'lid '1
tL Rcl:ntilmc.:nl i~ a posjtjvecSc:t1ciSC) \\ltile

d. tistactol')' doci>ion
in Lhecontext of'luerarchical n:thm.~gf-plnnnrnBt
wbich one of Uo followins, is tl>c c:orrco:t

!!2.

w
w

.e

11. A-1. B-2. C->.D-4

b.

Stral<:gie..-obj(:(:t[v~po~cies

e.

Objectives-strnl~:gies-polici<:!i-l)udg.:t.s

is >Jfecled by the pO&;ibility ofintet\~ewer

procedurcs

hia$i

a. Superiors c.1nnol cscr.pc rosiJOMibilitics

lmtcgics-buqgct-

pro~ramme

b. Ote utility of Interview ns tool or .election

d. RoJ\:rences have a limited role tn the

seloction proee-;~ lor cmpluyment
Wbidl one ofllto fullo1ving ~~temcnlll bc!tt
eXplain the ~c:tlar principk ?

contingent dc.:lsivn

hier.ud1y 7
a Objwti\'es-

$election is n. neg:~tive exercise

88.

~Y!ICIIIS n ptli'IJA~h

\>. hum no heha\1our pproaeh

4. lntdligcoc<rlc'St

3.

87.

Acnle-.""'"' 1os1

COn 'I:!C.t'}

~.

C. Sell' cooJ:ideoco test

D. Clerical test
List O

\\1tich one of the tbllowin,g.statement~

ra

A Typ<ng tcot

n13J'ktt

lXI,

ce

c.. A-3.B4. c-J. D-2

d. A-2, B-1. C-~. D-3
Match List-l "i.th Llst-D nnd !-'l""tllu>oom:ct
:uuwer by using the codes given below the list;

1. PffiorulitY tt:SI
2 t\ptitudo h:ot

the smtc
Midlnel Poner hd' ide11tifi~ rrvo ""'- in
analysis of"'' <ndUSh)' \v11ich ouo of ll.t<:c
ronowm,g. is not port or thco live rorces 1
o. Competition prnqng celmp~nies

om

~.

c. }.J;uul!-<TS must ntllkO'dt:<:i&ions thatrc

.c

8:1,

U!JIIQfhhilij.
93.

Wlucb one ofthcfollowingstaiemenls

correct?
lo I'J.lRT chart. lhe ccitiool path i
a the6e<Jucnec of the mu; l imp<>rt~ul C\t1JIS
and octivitics the project

for org.anising ~cthi1ies of their suhnrdiual"ey

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Uof14

envirfJtltllc:nbl vari:~bles

...
95.

d. l anJ 2
\Vhlcb ono of lh<>following stntemcnls is

coaecl'l

~~""' ty

using th" oodo; gi\'1::11 below tho lists:

List-! (l:lleral'("hy or Objlletlv<:)

A. (V[iAAi<m

""fl<!"""

mD.Bubctunruz pl.Jull bul .al.!u Jnr

&0\

nrul

'~ lu:'l(: nUtJlUI can he .tr.:-.;ut.tlt.:h mcuun::..i

96.

man"(;effl 1\lu' hove respun~ibility for hotlt

""'penses nnd revenues nfthair umt'

xa

Corundcr thofollowingstotcmcnls ;

tOO.

e. A2,. 8-l ,C-;';, D-4

d. A-2. B-3, C-1. D-4
Which one of the rollowingstatilment<
CUJl'CCt?

the organisatidn and its humiln reSOUNd,

!!"..,..,

5<1l~~jyjly

w
w

IIO-intng reJeq to the Jll'aCtioc o(

a. "" outide ''onultant fC!r helping the
mllnagers 10 pt:reeh: c:, unclersl:tnd aod ~ct on
prolll."l'5

-''''''"''

"""''il<

Neitl1cr I nor 2

Work~ performing work ltJ\'oJ,lng eqi.IJII ~kill

hutgr<!btrisk arc poid some nmooot al)ow the
minimum wnge. Wbot i~ this amount referred 10
..~ 1

them llnt.l 1o.ul\ tm tlu. ""me lhlllu'-1,

w
a.

Re-nJ wage

b.

fnccnli~c wage

e. Fain,age
98.

tvf..-ket share objectivC!;

C. l"=rsor,l dewi<Jpment ubjectivt>'
D. l}ep:u1mcn~l objc:th;cs
List- II (Lewl of Mlutagemfnl)
1. lloord level
2. Top management lev.:l
3. t\fidd)c level
4. 13oltom level
Codes:
a A I, B-3, r4. D-2

.'1mOli,8 the mothod<of bnhging aboul ehnngr, in

.e

Management can diagnrn;e the >!Ole of gm11 th of

nn enlc1111i.<c by anoly;ing the
I. profit~ eamed tlut.>uglluul th~ Y"""'
2. decisions needed to allnin obj:U\'C.
Wluc!l of the statements
;bove ~are
oorrect 'I
o. I only
b. 2nly
d.

d. Noillicr I nnr 2
Mot" h IJt-1 with Li<t-llamlselect the mrrect

ra

D!seretiOitJlty cost budget""' typic~tly used fill'

me:,.Ufing marketing and ~ale. dl'cctivd11cs
b.
centres liko odntinis1111tivo. .lcgn.l or
''''""'n:h <li:pa1ment

11..

.99.

ce

Select 11\C correct answor hy l.~ing the code1

giWn boklw
n, I only
h 2only

om

correot 1
a. I only
b. 2.only
' llulh I nd

.c

94.

()1'8Joi$31Jonal varia~les alfeellhe number of

~ubotdinot~ that oan bttcffect.ivol)
511perviH<:<I hy mnngt:r.
2. the usc of tccln~ology in the or!l"ni>ntion
affect the number ol' s11bordmates that e~n
bodfcctivcly ooporviscd b)' ntanagor.
\\1ticlt of the ' lAtancnts gi\lelt al><JI.e i are

.:-. llo<>le;osttimc consumrng sequence ofevtnll>

und llCtlvill"-"
d. tho .:nd p<>inl' filJJTC:S<:nling tho complcticm
of mnjor activities
Which of1hdollowlnsls, are lindlng(s) i>t' ~1e
ITowtltome Espc!'imcnl?
I. pP)l)uctivity mL'I'CaSes os worket'! li:el
bupoltluUo. n:Sul! ol'bcing noticed
2 Pr(l<htctivity U,cre'll!e< os r~;~~t lime nfthe
warkas be iog modified
3. PrO<Iuctility is indCJX'<IdenouF

Consider the followin~statcmcnts ;

noe prmclple span of nanng<ment ~tales that

ur

c. <hnging bchnv10ur through unJitnoc'turO<I

group interaction
d$ involving team mcrnbca in lnter;~ ction to
to.1m h011 each mcmbct thinks and worb

l01.

Among the ~tndotd Jymools u...ed

fo~ workOow

ln office: 111:tn11gcm~nt, wh:~t tJoc:H :m lnva'tctl

trllinglc dWlolc '!
n. {)pei'aiion

IWiiiip!Q!
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LA.S. Comm!!I'C~ 2J'JIJ7

I02.

c.

Jn.spo:uon

d, Dol)'
Cqn.sidt:r the rolltm ing ~,l~lfm.:nts in tile octmext

only objective is l.o ens=

ovollobility of infcmnation for onottn<'~ 1
de.:IS i on-mllk in g
2 .f'ro<edu"' for dispo,ul of l'<li:Ords and tlt
retent!on schedtde hotb ~b<luld be ""id down
in Records' J.ttnual
Wluch. of the statemenfs J!h en oho\e i~t:ore
n~e

j lllt

106.

107.

..: .!M <l1n oJ .\nnu.al L'~'-"tl11.\kctm

d. 45 days or Annunl General l\ le<:Jlog
Con.id<:t lhe folic)Wing stntemonrs
'J be dpctrineot' indoor manogomenl docs not

.c

ce

L:m lnduding S('Cil'larial

II 'l'onf tlte gr'ci$S prnfits fc1r rt given finond>l

Y=
A CC)py or the Balance ~heel ond Profit & l.os
Accoulltarc 10 be filed "ilh tho Rogl$tturof
('umpanios "itbin ''hich one of tlte follo"'ing 7
u.. 14 days of r\nnu>l Genornl Meeting
b 21 cL1ys or Annul Genernl ~ lectons.

apply in case
L of3n outsider h~vang a.p :1ctual Qr uupHed
\!tO\\ ledge ofthe lttc\; of outltority or lho
~on >ctingcm hebaU' of'Lbecompony.
2 wh<01 di.,oulsick:t hn.' no km1wlc:dge of tho

o. J;loth J ond 2
d, Neithc..- 1 nQr l
('(lm 1a tl\

profits fora given linandol

II

of record m.an:tgcntt'nl:

I.

J O~oofUu:cgrr.~s

om

~.

:U.oF14

Memorandum ond Articles of Assocutioo of

Coosi<lcr tho Jollowing statements- n:lating to

company odmmlslrllllon:
L l'vbtt.::rs n:lllling 10 allet'dtion of
memorandum of assooiltlon.
2 lvllillc'O! n:la1lllg to fwthe:r l;su" of siiJIA:S

correct?

.e

BqUt t nu 2
d. Neither 1 nor 2
\%ich one of the following staleuleul.'l ;,

"'

I0~

108.

xa

Which ~fthc moU""' g.iV<.11 ubovc re <i<-cidcd b)

postal ballot of ~tc boreholdcrs 1

.am
b. 2 only

Wluch of lhestal.<menJS si""'l ~l><>'" L<Ciarlt

ClQrre<ll 2
a. 1 only
b. 2 on ly

through prelbf:otial ~ttlotmeut.

tbe company.

ra

103.

w
w

fu po:r ~1e dause49 of Ute I .!sling Asreent<1JI.,

ill eote of an H.-.ocut.h'e Choinnon.

~t

leMI -10% flfl>oard should compriso;

!ndopcdall dirocto"
c. ot i01!St30'lo ofboal'd should oomtJr:lse
i.vdoJ,..-ndont dll=t<"-"
d. there Is no specific percentage for
utdOjJCndcnl. din.x:.LOlll
A~ pet the Compam"" (Amen dement) Act, 2001.
lhc loiJl I rcmuncmllioo paid to the din:c~or of n
compnny should not ~ceed ;
n. tOt of Utu ~"'-profits for giVt'll fimnoilll

b.

l()Q,

IOS.

'"'"
ll ll" ,,f lh-.:Ot.:t

!EI!!lll!!!!!l

~- f\'dther l nor 2
How con tho $bore ll!lpitolofa company be
re1i.uced 'I
o. i3y a resolution pnsscd by the Board of
Oireclors
b. Oy >n ordin.t!J' reulution in AGJ\l

d. l:ly p"fflltOston 6-nm the C'Qmpany Law

3qord o11ly
Cna,ider lhe tlJUowing tatements :
Equity $barcholdcn.llf'l.hc company ho\ c
I. pre< mpli"c right
2. 'limited Haln1ily I~ Ute porvalue of sbnrcs
Winch ofthe stalemerus given ahon~ ilL iW
~orrect 2

I only
b. 2only
-. !.loth I o.nd

a.

u. Neither I nllr 2
UO.

Wh1cll ono of!he following statement abouttbo

rol<> and flosition nf the Company S<:crctl)' ;,
nol correct 7

of 11 1\ lor.1

enc:n l m.m~,;IOJ I

lloi. a principal officer of a company uuder

tlu: pmvisions of tho Jn~Omt: Tn..'< .,.\\!t
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LA.S. Cnmmrntl2D07

b. He i.s an S'Ill

u oF14

or tl1e Board otoiro::tors vis-

~-,~$lhc Sllltl; ~brohoJMr

Sele.:t tlte correct answer by us inglhe codes

gi\'en bolol\':
I lind 2 only

IIJld otJ.;toroef:\

I 15,

co~]

om

11 pro,i>ion of Section 299 of lhe rolllJlonies

Act ..,quiro tl1al tl1o di.sclosuro of inlercsl br ll1c

inlc.re.o;led director 8hould be mACk
u. lllny of tl1c 13ourd mc'<=tinp held in lhe
lirnmcLal ye.'lr in which lheinierc.t >~'6<
acquired
b. nllhe Annuol Gencrol Meoting be.ld atlcr tl1e

111

Which one of tbe followin.J!. ~tatcmento is

"""""'?

d. in response to an express inquiyY mnde by

tbeBonrd

ra

L1Jc limited liability cl1u.o of o company CJIJlllol

bo allei\l<lo "'' lo m~ke tlte lhbi.lit)' of a director
llillimited unlOS$
o. '<)>CCiul pe1111i$~ion t)fth<: cuurt is obutin.ed til
do so

ce

!J, NcithcT 1 nor 2

Ll2,.

c. 2 and 3 only
iL None of Ill<>!<
Which <me oflhc lo!lo"int! Sillt.em<mts is

.c

l II.

d. He i>:tn officer in charge oftl1e ~oon.t!rwl

work in the comp~ny
Co.nl!idcr Ulcfollowing SIJiltmlCUI.!! :
n,e compan~ mall by vr1H~cy resolution
l. 1.10n\'<1l'tauy paid-up shirci into >lock.
2 reconve11 any ~lbel:: intot'oid-up sl)ara~ of
J.ny d,mon)-in.atiou.
\VIuch. of the statemenls jliven lxwe." ;rre
currcct ?
I onl)

~.

alithe directOT>l consent to do so

Articloo pcmt il~uclt un oltertion by an

ordinary re~olution
Wbiclt one of the CoUowintp blemeuls i>
cor=t?
In companic:s, where tho Atticlcllfmidc lhM
(1in:ctor shnll hold qoolltic:nion $h~""' thee
shores blust bo acquired
a, before lhe llefJOn can be coosidered fm
clircctorshij>
b. M pre-condition lo his huldinglhe office of

117,

w
w
dirc~lo

b. MCR
<> Opticru m:~m recugniton
d. Optical bar code r..~der

\Vhicl1one of1he following stuement. fs

tllllfill

director

\Vbic:b ofU1e JXIWcr"' or n dircclf1r cao only he

e:<.,.cisod ala Boord Meeting ?
I. Sell lease or otherwise dispose of!" the
whole, orubstantlolly !he whlllc of II~<:
llilder!Jilcins of u.., compon~
2. Ri:!nil or gi\'c timc f\r rep:1 yn~<:nl <If an)'
debt duo by o dU'Oclor
3. l'vlakecalls on shareholders in '"-'P""i ol'
monc~ unpnid on their It=~

!EIAI

A Rclahonal Opc'nllor
ll i.s p1nced in nliL-roMmputet llliAko U1e
borden of numbers oil' th" CPU
b. ;t !!Oflwarc ihoL trnnLlta~ a whole
prog_ram:ore lnto nuchine l:J.oguage

c. :as soon :'IS be 3ssames lhe otl'ice of the

I t -1.

Wluch one oftlu fi!llowing i< not an example of

$ 0UJ'CI1, wua automation ?

con'OCL?

.e

xa

d,

113.

fJQCl.ilf fe\OlUliO!'l

116.

1\ I i ~l'd l:trtl' OII s

II S.

I 19.

d. refc::rs to d1c nhWty to run more tl1nn on"

progrnmme a1 one time without inle!Ttlpting
die oxccution of noll1er
In India. $orne CQmp:n1i"" hovc:stl11cd repnl1in11
ilicir humm1 resources in Uoir ruuuml rcporl!L
\\1Jich model do thO) follow in voluing lhelr
huuann lt:Sourccs 1
a. Hmnllllwli model
b. Gil"" ao(l Robillsoo model
d. J'tllllllholtz model
t\loleh Liot-1 "'iih List-U and ~lecLthe<:OTreei
on~w<'l" by JJ.~ing tl1e code$ given bcl<>w the lisl< :
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U .S. Cnmm"""' 2007

A
B.
C.
l.

14 of 14

l.istl (Conunltl<~)
R Chnndrn.ekbllra:n Committee
I..C. Gupta Commilfee
S.A Dow Conuniltcc
Ust-11 (1~!1<'ommcndotlon)
Resultions on Co llc-cli~e ln11Clstm<11l
Schcm~

ReconJntondot iorlll in respect of WC)fkins

draft of Ute Companie. Aot

om

3. lntroduction of dcriyotiv<..
4. Safety nnd secunty features for S<X~nrity
c<ttifieation~

e. .'\2.13-1, C4
I \-'. 14-1. I . I

120.

\%at is numb.:t sysl~m tltatll!J~$ ten digils, 0

through 9, and six lettoB, A U1rough F to
rept'C!;c:ni values in base 16. ,..,lied'/

w
w

.e

xa

ra

o. Numeric dnta
1>. Alpha numer1~
I kxau<Xtnu'
cl. Alphadecimal

ce

.c

CodOl>:
n. A-2. 133, C~
b. A-4, B- t, C-2

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