Exam Date: 26 May 2019
Entrance Test for the course(s): M.Com.(Commerce & Financial Studies) [CUJHD], (Commerce)[CURAJ], [CUKNK], [CUHAR], [CUPUN], [CUSBR], [CUMGB], [CUTND], (Department of management of Studies) [CUKAS].
Part – I
- Choose the most appropriate word from the options given below to complete the following sentence. Communication and interpersonal skills are________ important in their own ways?
(a) Each
(b) Both
(c) All
(d) Either - Which of the options given below best completes the following sentence?
She will be feel much better if She___.
(a) Will get some rest
(b) Gets some rest
(c) Will be getting some rest
(d) Is getting some rest - In many parts of Japan, most houses are built with_____wood.
(a) No article
(b) A
(c) An
(d) The - In our country agriculture must ___pace with industrial development.
(a) Take
(b) Make
(c) Loose
(d) Keep - Select the most suitable Synonym for the word ‘ABDUCT’.
(a) Ransack
(b) Surround
(c) Destroy
(d) Kidnap - Select the most suitable Synonym for the word ‘ABSCOND’.
(a) Run away
(b) Give away
(c) Move away
(d) Forbid - Select the most suitable Antonym for the word ‘PASSIVE’
(a) Assertive
(b) Bright
(c) Chirpy
(d) Higher - Select the most suitable Antonym for the word ‘BATTERY’
(a) Slimy
(b) Individual
(c) Dense
(d) Clean - Select the pair which shows the same relationship as COMPUTE: RAM.
(a) Book : Page
(b) Cloud : Rain
(c) Table : Tablecloth
(d) Sky : blue - Choose the appropriate set of words that makes the sentence most meaningful:
(a) Defenders, Comment
(b) Citizens, Onslaught
(c) Thieves , Robbery
(d) Judge, Criticism - The speeds of three major bikes are in the ratio:6:5:4 The ratio between the time taken by them to travel the same distance is:
(a) 10:12:15
(b) 12:10:8
(c) 15:12:10
(d) 10:15:12 - Introducing Asha to guests, Bhaskar said, “Her father is the only son of my father” How is Asha relaed to Bhaskar?
(a) Daughter
(b) Mother
(c) Niece
(d) Sister - In the series 5,10,20,40_____what will be the 10th term?
(a) 1280
(b) 2560
(c) 1820
(d) 2650 - If the digit 12 of a clock is pointing towards East, than in which directions will digit 9 point?
(a) South
(b) West
(c) North
(d) North East - Which of the number given below is NOT a square number?
(a) 1225
(b) 2025
(c) 2225
(d) 4225 - In a simultaneous throw of two dice, What is the probability of getting a total of 10 or 11?
(a) 1/12
(b) 5/36
(c) 1/9
(d) 1/18 - Select the odd one out?
(a) RAM
(b) Flash Memory
(c) Hard disc
(d) Floppy - Which is the largest organ in human beings?
(a) Large Intestine
(b) Skin
(c) Small intestine
(d) Liver - Madness : Brain: : Paralysis:_?
(a) Arm
(b) Face
(c) Body
(d) Nerves - “A thing of beauty is a joy forever’ is a poem by?
(a) William Shakespeare
(b) J.K. Rowling
(c) John Keats
(d) George Eliot - Reena is twice as old as Meeta two years ago. If difference their age be 2years ,how old is Reena today?
(a) 6 years
(b) 8 years
(c) 10 years
(d) 12years - In an examination, 42% students failed in Hindi and 52% failed in English. If 17% failed in both the subjects the percentage of those who passed in both the subjects is:
(a) 23%
(b) 27%
(c) 34%
(d) 40% - 10 Woman can complete a work in 7days and 10 children take 14days to complete the work. How many days will 5 woman and 10 children take to complete the work?
(a) 3
(b) 5
(c) 7
(d) 9 - Which apparatus is used to measure the purity of milk?
(a) Luxometer
(b) Calorimeter
(c) Anemometer
(d) Lactometer - When is Hindi Diwas observed?
(a) 14th September
(b) 14th February
(c) 14th June
(d) 14th December
Part – II - Compared to a perfectly competitive market, a monopoly market will usually generate.
(a) Higher price and lower output
(b) Higher prices and higher output
(c) Lower prices and lower output
(d) Lower prices and higher output - If supply is price inelastic, the value of the price elasticity of supply must be.
(a) Infinite
(b) zero
(c) Less than 1
(d) Greater than 1 - A perfectly competitive market has
(a) Firms that set their market has
(b) Only one seller
(c) At least a few sellers
(d) Many buyers and sellers - Cash cannot be directly drawn from a bank against_____.
(a) Cross cheque
(b) Bearer cheque
(c) Order cheque
(d) Traveler cheque - Which is not the function of money?
(a) Store of value
(b) Medium of exchange
(c) Make demand and supply equal
(d) Measure of value - A saving account in a bank represents the functions of money
(a) A measure of value
(b) Store of value
(c) A medium of exchange
(d) A standard for deferred payments - Which of the following is not a functions of management?
(a) Planning
(b) Staffing
(c) Controlling
(d) Cooperation - ______is also known by management by result.
(a) Management by Subordinate
(b) Management by Art
(c) Management by Objectives
(d) Management by Planning - Control imposed after an action has occurred is
(a) Concurrent control
(b) Feed forward control
(c) Feedback control
(d) Preserving control - ______refers to the process of identifying and attracting job seekers so as to build a pool of qualified job applicants.
(a) Selection
(b) Recruitments
(c) Training
(d) Induction - Which of the selection steps is the most critical?
(a) Physical examination
(b) Employment interviews
(c) Reference and background checks
(d) Selection decision - ____e- commerce consists of the sale of products or services from a business to the general public.
(a) B2C
(b) B2E
(c) B2B
(d) B2G - _______In the e-commerce may be a holder of a payment card such as credit card or debit card from an issuer
(a) Customer
(b) Issuer
(c) Merchant
(d) Acquirer - UNIVAC is _________
(a) Universal Automatic computer
(b) Universal Array Computer
(c) Unique Automatic Computer
(d) Unvalued Automatic Computer - A form used to record data about a transaction is a/an_________.
(a) Batch document
(b) Source document
(c) On-line document
(d) Data entry document - The written agreement of partnership is most commonly referred to as_________-.
(a) Agreement
(b) Partnership deed
(c) Partnership contract
(d) Partnership Act - Where there is no partnership agreement exists between partners, what will be the profit sharing ratio between the partners?
(a) Equal
(b) It will depend on a partner’s capital
(c) Unequal
(d) It will depend on the experience of a partner - Under hire purchase system the seller is called
(a) Installment system
(b) Hire purchase system
(c) Credit system
(d) Cash system - Under hire purchase system the seller is called
(a) Buyer
(b) Hire
(c) Hire vendor
(d) Cash system - Under installment system the relationship between the buyer and seller is that of a _____
(a) Buyer and seller
(b) Pawner and pawnee
(c) Bailor and bailee
(d) Debtor and creditor - For amalgamation in the nature of merger, the shareholders holding at lest____or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company.
(a) 51%
(b) 90%
(c) 99%
(d) 100% - All of the following can help break a monopoly EXCEPT
(a) Increased barriers to entry
(b) International competition
(c) Changing consumer tastes
(d) Technology and innovation - ‘No one in the organization should have more than one boss’ is a statement of
(a) Principal of specialisation
(b) Principal of unity of command
(c) Principal of authority
(d) Principal of span of control - The following is not a type of organization structure
(a) Line organisation
(b) Line and staff organisation
(c) Functional organisation
(d) Flexible organization - Numerical methods and graphical methods are specialized procedures used in_____.
(a) Social Statistics
(b) Descriptive statistics
(c) Business statistics
(d) Education statistics - Subset of selection population is called
(a) Descriptive portion
(b) Inferential portion
(c) Elementary portion
(d) Sample - If mean of percentages rates and ratios is to be calculated then tendency measure which must be used in this situation is
(a) Weighted arithmetic mean
(b) Non –paired arithmetic mean
(c) Paired arithmetic mean
(d) Square of arithmetic mean - A process to estimate the value of dependent variable on the basis of one or more independent variables is called_______.
(a) Correlation
(b) Resident
(c) Regression
(d) Slope - The method of least squares dictates that we choose a regression line where the sum of the square of deviations of the points from the lie is____.
(a) Maximum
(b) Minimum
(c) Zero
(d) Positive - The difference between revenue expenditure and revenue receipts is______.
(a) Revenue deficit
(b) Budget deficit
(c) Fiscal deficit
(d) Primary deficit - Government taxing and spending policies are called______.
(a) Monetary policy
(b) Commercial policy
(c) Fiscal policy
(d) Finance policy - Fresh evaluation of every item of expenditure from the very beginning of each financial year is called_____.
(a) Deficit budgeting
(b) Fresh budgeting
(c) Performance budgeting
(d) Zero based budgeting - Where the transfer of the property in the goods is to place at a future time. The contract is called____.
(a) Sale
(b) An agreement to sell
(c) Provisional sale
(d) Zero based budgeting - An artificial person is also called____.
(a) Corporation
(b) Office
(c) Company
(d) Legal entity - In a contract for sale of goods buyer may have an action. In respect of physical injuries caused by defect in the goods.
(a) Against the manufacturer
(b) Against the dealer as also the manufacturer
(c) Against the dealer
(d) Against the customer - Basic objective of cost accounting is_______.
(a) Tax compliance
(b) Financial audit
(c) Cost ascertainment
(d) Profit analysis - Process costing is suitable for_________.
(a) Hospitals
(b) Oil refining firms
(c) Transportation firms
(d) Brick laying firms - Factory overhead can be charged on the basis of_______.
(a) Material cost
(b) Prime cost
(c) Labour cost
(d) Direct cost - Direct material is a _____.
(a) Fixed cost
(b) Semi variable cost
(c) Variable cost
(d) Semi fixed cost - Labour related to manufacturing of product can be classified under
(a) Direct manufacturing labour costs
(b) Work in progress cost
(c) Indirect manufacturing labour costs
(d) Finished costs - The statutory auditors of the company are appointed by________.
(a) Share holders in annual general meeting
(b) Company law board
(c) Board of directors
(d) Central government - An article constitutes a contract between_____
(a) The members and outsiders
(b) The company and the outsiders
(c) The company and its members
(d) The outsiders and the staff - Name of a company can be changed by______
(a) An approval of the central government
(b) A special resolution and with approval of
(c) An ordinary resolution
(d) A special resolution the central government - The charter of a company is its__________
(a) Prospectus
(b) Certificate of incorporation
(c) Memorandum of association
(d) Articles of Association - Not less than___ days notice for a general meeting of a company must be given.
(a) 10
(b) 21
(c) 15
(d) 30 - The first step in developing an advertising program should be to
(a) Set the advertising budget
(b) Develop advertising strategy
(c) Evaluate advertising campaigns
(d) Set advertising objectives - Aishwarya Rai Bachan endorsing L ‘Oreal is an example of_______________
(a) Rational appeal
(b) Sex appeal
(c) Beauty appeal
(d) Emotional appeal - Colgate is offering scholarships worth one Lakh rupees to Indian students, This highlights_____
(a) Advertising clutter
(b) Corporate social responsibility
(c) Advertising revolution
(d) Mass advertising - What are the values of Co and C1 in d(t) = C1 + Cot – 16t2 , if d(1) = 4 and v(2) = -65?
(a) Co = -1, C1 = 21
(b) Co = -1, C1 = 19
(c) Co = 1, C1 = -21
(d) Co = 0, C1 = 1 - If at same rate of interest , in 2 years , the simple interest is Rs. 40 and compound interest is Rs. 41, then what is the principal?
(a) Rs. 400
(b) Rs. 800
(c) Rs. 500
(d) Rs. 820 - What will be difference in population 3 years ago and 2 years ago of kottaiyur village, whose current, population is 1,00,000 and which is increasing at a rate of 25% every year?
(a) 15,250
(b) 16,400
(c) 13,900
(d) 12,800 - Shivanya invested Rs. 77500 in ICICI bank. In two years how much compound interest will he get , if the first year rate of interest was 10% and second year had 2% more than first year?
(a) Rs. 17,850
(b) Rs. 18,963
(c) Rs. 17,980
(d) Rs. 16,880 - Which one of the following does not belong to the major general insurance private sector companies in India?
(a) Bajaj Allianz General Insurance
(b) Royal Sundaram Alliance Insurance
(c) Reliance General Insurance
(d) The oriental Insurance Company - Which of the following companies acquired the business of ING Vysya Life Insurance?
(a) Exide Life corporation Ltd.
(b) Aviva Life Co. Ltd.
(c) Future General India Life insurance Co.Ltd.
(d) ICICI Prudential Life insurance Co. Ltd. - Largest Life Insurance Company in India is_________
(a) The new India Assurance Company Ltd
(b) United India Insurance Company Ltd
(c) Life Insurance Corporation of India (LIC)
(d) National Insurance Company Limited - Headquarter of LIC is situated at_________
(a) Kolkata
(b) Mumbai
(c) Delhi
(d) Hyderabad - The term ‘Assurance’ refer to______
(a) Life insurance business
(b) Motor vehicle insurance
(c) Fire insurance business
(d) Marine insurance - Which of the following is not a direct Tax?
(a) Personal income tax
(b) Service tax
(c) Wealth tax
(d) Corporate income tax - The first Income tax act was introduced in the year
(a) 1918
(b) 1860
(c) 1861
(d) 1886 - Mr.Raju is getting salary of Rs.10,000 per month. His salary is due on last day of every month. Salary of march 2019 was paid on 7 April, 2019 Compute his taxable salary income for the py 2018-19.
(a) Rs. 1,20,000
(b) Rs. 1,00,000
(c) Rs. 1,10,000
(d) Rs. 90,000 - The sum of various heads is called as_________
(a) Taxable income
(b) Gross total income
(c) Total income
(d) Adjusted income - The word audit is derived from the Latin word______________.
(a) Audire
(b) Auditorium
(c) Auditor
(d) Auditire - The process of checking the account books is known as____________.
(a) Book keeping &Accounting
(b) Auditor
(c) Auditing
(d) Inspection - The Auditing done at the end of the year is called___________.
(a) Continuous Audit
(b) Annual audit
(c) Interim audit
(d) Special audit - When the audit of accounts is carried on by the salaried staff appointed by the business unit. It is called_______.
(a) Continuous audit
(b) Annual audit
(c) Internal audit
(d) Special audit - The system whereby the work of an employee is subjected to an independent check by another employee is called
(a) External audit
(b) Internal check
(c) Internal audit
(d) External check - Which of the following is not included in primary activities?
(a) Agriculture
(b) Mining
(c) Poultry farming
(d) To give education - Transport communication commerce come under the_____.
(a) Primary activities
(b) Tertiary activities
(c) Secondary activates
(d) Rural activities - Market oriented firms focus on______
(a) Customers
(b) Distributors
(c) Retailers
(d) Wholesalers - The ____Identifies the product or brand
(a) Customers
(b) Advertisement
(c) Label
(d) Wholesale - What is the sum total of gross value added of all the firms in the country?
(a) Gross Domestic product
(b) Net Domestic product
(c) Gross National Product
(d) Net National Product - When did the Government of India set up the Export –Import Bank of India?
(a) January, 1993
(b) March, 1971
(c) January, 1982
(d) June, 1969 - What is the NABARD pilot project for digitization of SHGs called?
(a) E-shakti
(b) E-shanti
(c) E-Samriddhi
(d) E-Samraksha - The tax levied by Local government i.e. Municipal Corporations and municipalities is_____
(a) Income Tax
(b) House Tax
() Wealth Tax
(d) Gift Tax - Who will act as the banker to the government of India?
(a) State bank of India
(b) NABARD
(c) Reserve bank of India
(d) Nationalized Banks
Answer Key1 (b) 2 (b) 3 (a) 4 (d) 5 (d) 6 (a) 7 (a) 8 (b) 9 (a) 10 (b) 11 (a) 12 (a) 13 (b) 14 (c) 15 (c) 16 (b) 17 (a) 18 (b) 19 (d) 20 (c) 21 (b) 22 (d) 23 (c) 24 (d) 25 (a) 26 (a) 27 (c) 28 (d) 29 (a) 30 (c) 31 (b) 32 (d) 33 (c) 34 (c) 35 (b) 36 (d) 37 (a) 38 (a) 39 (a) 40 (b) 41 (b) 42 (a) 43 (b) 44 (c) 45 (d) 46 (b) 47 (a) 48 (b) 49 (d) 50 (b) 51 (d) 52 (a) 53 (c) 54 (b) 55 (a) 56 (c) 57 (d) 58 (b) 59 (d) 60 (a) 61 (c) 62 (b) 63 (a) 64 (c) 65 (a) 66 (a) 67 (c) 68 (b) 69 (c) 70 (b) 71 (d) 72 (c) 73 (b) 74 (a) 75 (a) 76 (d) 77 (c) 78 (d) 79 (a) 80 (c) 81 (b) 82 (a) 83 (b) 84 (b) 85 (a) 86 (b) 87 (a) 88 (c) 89 (b) 90 (c) 91 (b) 92 (d) 93 (b) 94 (a) 95 (c) 96 (a) 97 (c) 98 (a) 99 (b) 100 (c)