[su_accordion] 41. Which one is not a feature of global enterprises?
[/su_accordion](A) Huge capital resources
(B) Advanced technology
(C) Product innovation
(D) Responsibility for creating regional balance
[su_spoiler title=”Answer”] Responsibility for creating regional balance
[/su_spoiler][su_accordion] 42. Which of the following is not a mode of liquidation of a company?
[/su_accordion](A) Compulsory winding-up by the court
(B) Voluntary winding-up by the members
(C) Winding-up under the supervision of Court
(D) Winding-up by the Directors
[su_spoiler title=”Answer”]Winding-up by the Directors
[/su_spoiler][su_accordion] 43. Profit after tax for the year ending March 31, 2018 amounted to ₹ 5,40,000 which showed an increase of 50% over the profit after tax for the previous year. The profit after tax for the previous year amounted to:
[/su_accordion](A) ₹ 3,50,000
(B) ₹ 3,40,000
(C) ₹ 3,60,000
(D) ₹ 3,30,000
[su_spoiler title=”Answer”]₹ 3,60,000
[/su_spoiler][su_accordion] 44. “As the firms that outsource seek to lower their costs, they try to get maximum benefit from the low-cost manpower of the host countries.” Which concern of outsourcing does this statement signify?
[/su_accordion](A) Confidentiality
(B) Sweat-shopping
(C) Resentment in the home countries
(D) Ethical concerns
[su_spoiler title=”Answer”]Sweat-shopping
[/su_spoiler][su_accordion] 45. Which one is a human cause for business risks?
[/su_accordion](A) Political disturbances like fluctuation in exchange rate
(B) Uncertainty relating to collection of dues from customers
(C) Stoppage of work due to power failure
(D) Heavy rains
[su_spoiler title=”Answer”]Stoppage of work due to power failure
[/su_spoiler][su_accordion] 46. Capital structure of a company related with:
[/su_accordion](A) Shareholders’ Funds
(B) Long term Debts, Preference Share Capital and Equity Capital
(C) Debentures and Loans
(D) Total Assets less Liabilities
[su_spoiler title=”Answer”]Long term Debts, Preference Share Capital and Equity Capital
[/su_spoiler][su_accordion] 47. Dinesh Software Limited forfeited ₹ 200 shares of 100 each (₹ 60 called up) issued at par to Kareena on which she had paid ₹ 20 per share. Out of these, ₹ 150 shares were re- issued to Rajni for ₹45 per share as ₹ 60 paid up. Amount to be transferred to Capital Reserve will be:
[/su_accordion](A) ₹ 750
(B) ₹ 2,250
(C) ₹ 6,750
(D) ₹ 3,000
[su_spoiler title=”Answer”]) ₹ 750
[/su_spoiler][su_accordion] 48. Which one is true?
[/su_accordion](A) Management does not satisfy all the requirements of a profession
(B) Management is considered a two-tier activity
(C) Planning can prevent problems
(D) Organising function examines the activities and resources required to formulate the plan
[su_spoiler title=”Answer”]Management does not satisfy all the requirements of a profession
[/su_spoiler][su_accordion] 49. Trade discount is allowed at the time of:
[/su_accordion](A) Sale of goods.
(B) Receiving the payment for sale of goods.
(C) Receiving the payment before due date.
(D) Making payment for purchase of goods.
[su_spoiler title=”Answer”]Sale of goods.
[/su_spoiler][su_accordion] 50. Which of the following is not a benefit of e-Business?
[/su_accordion](A) Customer-Satisfaction
(B) Convenience
(C) Personal touch
(D) Global reach
[su_spoiler title=”Answer”] Personal touch
[/su_spoiler][su_accordion] 51. Which of the following quality certification is used for electrical goods?
[/su_accordion](A) FPO
(B) AGMARK
(C) ISI
(D) HALLMARK
[su_spoiler title=”Answer”]ISI
[/su_spoiler][su_accordion] 52. There are some query types that are required for generating the accounting reports. Which of the following is not a query type?
[/su_accordion](A) Data Query
(B) Simple Query
(C) Parameter Query
(D) Summary Query
[su_spoiler title=”Answer”]Data Query
[/su_spoiler][su_accordion] 53. Voucher prepared for the transaction with multiple debits and multiple credits is known as:
[/su_accordion](A) Complex Voucher
(B) Debit Voucher
(C) Credit Voucher
(D) Compound Voucher
[su_spoiler title=”Answer”]Compound Voucher
[/su_spoiler][su_accordion] 54. Group of instructions that directs computer is known as:
[/su_accordion](A) Data
(B) Storage
(C) Memory
(D) Program
[su_spoiler title=”Answer”] Storage
[/su_spoiler][su_accordion] 55. The ‘Reserve Bank of India’ was established in:
[/su_accordion](A) 1934
(B) 1935
(C) 1936
(D) 1947
[su_spoiler title=”Answer”]1935
[/su_spoiler][su_accordion] 56. Which one is correct, in modern marketing sense?
[/su_accordion](A) ‘Market’ refers to the place where buyers and sellers gather to enter into transactions.
(B) ‘Market’ refers to a set of actual and potential buyers of a product or service.
(C) Marketing is same as ‘shopping’.
(D) Marketing is only a post-production activity.
[su_spoiler title=”Answer”] ‘Market’ refers to a set of actual and potential buyers of a product or service.
[/su_spoiler][su_accordion] 57. An initiative launched by the Government of India on September 25, 2014 with the major objectives of ‘Job Creation’ and ‘Skill Enhancement’ in 25 sectors of the economy. What is the name of that initiative?
[/su_accordion](A) Ujjwala Yojana
(B) One Nation-One Tax
(C) Make in India
(D) Skill India
[su_spoiler title=”Answer”]Make in India
[/su_spoiler][su_accordion] 58. Which one is false?
[/su_accordion](A) Controlling is monitoring organisational performance.
(B) Directing involves leading, influencing and motivating employees.
(C) Organising does not consider allocating resources to carry out a specific plan.
(D) Staffing is finding the right people for the right job
[su_spoiler title=”Answer”]Organising does not consider allocating resources to carry out a specific plan.
[/su_spoiler][su_accordion] 59. Which one is a characteristic of trans- formational leaders?
[/su_accordion](A) Gives personal attention, treats each employee individually, coaches, advises.
(B) Intervenes only if standards are not met.
(C) Is willing to take on high personal risk, incurr high costs.
(D) Promises rewards for good performance, recognizes accomplishments.
[su_spoiler title=”Answer”]Gives personal attention, treats each employee individually, coaches, advises.
[/su_spoiler][su_accordion] 60. Which one is true?
[/su_accordion](A) Accounting involves only the recording of business transactions.
(B) A transaction which increases the capital is called ‘Income’.
(C) The value of human resource is shown as an asset in the balance sheet.
(D) Accounting is a service function.
[su_spoiler title=”Answer”]A transaction which increases the capital is called ‘Income’.
[/su_spoiler]