41. Which one is not a feature of global enterprises?
(A) Huge capital resources(B) Advanced technology
(C) Product innovation
(D) Responsibility for creating regional balance
42. Which of the following is not a mode of liquidation of a company?
(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
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:
(A) ₹ 3,50,000(B) ₹ 3,40,000
(C) ₹ 3,60,000
(D) ₹ 3,30,000
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?
(A) Confidentiality(B) Sweat-shopping
(C) Resentment in the home countries
(D) Ethical concerns
45. Which one is a human cause for business risks?
(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
46. Capital structure of a company related with:
(A) Shareholders’ Funds(B) Long term Debts, Preference Share Capital and Equity Capital
(C) Debentures and Loans
(D) Total Assets less Liabilities
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:
(A) ₹ 750(B) ₹ 2,250
(C) ₹ 6,750
(D) ₹ 3,000
48. Which one is true?
(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
49. Trade discount is allowed at the time of:
(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.
50. Which of the following is not a benefit of e-Business?
(A) Customer-Satisfaction(B) Convenience
(C) Personal touch
(D) Global reach
51. Which of the following quality certification is used for electrical goods?
(A) FPO(B) AGMARK
(C) ISI
(D) HALLMARK
52. There are some query types that are required for generating the accounting reports. Which of the following is not a query type?
(A) Data Query(B) Simple Query
(C) Parameter Query
(D) Summary Query
53. Voucher prepared for the transaction with multiple debits and multiple credits is known as:
(A) Complex Voucher(B) Debit Voucher
(C) Credit Voucher
(D) Compound Voucher
54. Group of instructions that directs computer is known as:
(A) Data(B) Storage
(C) Memory
(D) Program
55. The ‘Reserve Bank of India’ was established in:
(A) 1934(B) 1935
(C) 1936
(D) 1947
56. Which one is correct, in modern marketing sense?
(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.
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?
(A) Ujjwala Yojana(B) One Nation-One Tax
(C) Make in India
(D) Skill India
58. Which one is false?
(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
59. Which one is a characteristic of trans- formational leaders?
(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.
60. Which one is true?
(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.
