LA.S. CDmrm!r1:1!

2007 lof l4

[ CIVIL SERVICES (PRE) EXAMINAT.ION, 2007 )

\rrounting Conrrpts. Opening stock R.!! JiOOO
(A): Aet,:ounts prep:m:d hy 4dh<,ing Pur<:has"' Rl; 1,00.()1)()
to ore more rclinble. lnlcrcst puid R 3.1)(10
(U) : ACC<>unting standards <1'1Stlf"e
Closins st<l1.: Rs 12.000
application of-wtifonn acoow'l1ing po(jcic:i Wb3l is Ute OOSl of gnod> ?
a. ils I,OO,oM

om
11 hik prep:.ring tnd pru;enwiou c>ffinnciA 1
b. Rs 1.05.0()()

Cod es: ' R l.l<S.Ot
1 Jkl11 \ oillh.l R 111d1\ lluJ.II\1 .mJ J{ , ...
d. Rs 1.35.\lO(I
.), Which on<toffhefollow.ing is the coiTilCI
?
b. Both A anti R ure individuall y true bul R

.c
not the correct e.<cplnnat ion of A On Ute death of a part ner, U>e >mount orjaintltl'o
i.nstu'O n"-e l><ll iey <hoU btl tl) the c11pitttl
" ,\. i> true but R is Ln}sc
of:
d. A is. false but R L<lrue

ce
2 ln :u:.:ortlun"" wiUt g<:nern U) AC""J'l<<d
:tccounting which o:fthefoUowinJ!
mdhods or amm1tr.ation nononlly b. reml!infng 1>artners in Ute new prolits horins
re<:ommended for (ISsei$ '/ rtio
ra
a. Sum of ye.m' digits u. remaining pat1ncr; t<tuolly
d. oU pa1tncr! including the d=s<:d partner in
then-<:apital mtio
" l lniL'! uf productil/11
m
d. Double-<lcclining balance ll.
Under Gomer ws Murro)l rule. tba deficiency
3. Mat<.h List-1 witlt l..ist-H and select the corra:l of insOI\'tnt p3rtner must be btlnoe by the Ot.her
answer by using the: codes given below the lists .
$olvt:nl in propOJ;lion to .

l.i<t-1 (TYJW orA... ) profit sh;ui ng mli<J

xa

.:Jmt.al rahullCJorc the dl!wJuUOt

A.
B Frcchuld Building
c. capital f"Jtioaller tlte &<solution
C. L<v..,tocl d. ""''" received fi-oJI> pnt11tcrltip ..
(Hssolulion
.e

D.
Ust-11 (Met hod M Dcprt..-iotirm) 7. At the tim<> ofdl>5Qiuliun of o portoc:rsbip l"U1tt.
unroco.rdod liabdity i bken ove.r by par(fler.
l. J)epldion method
is tlre journal entry for ti;C()r'ding the S<Utte
2 RcY31uation meUtod
w

3. Rixed inst..:alment mathod in tbe lw>oks nfthe finn 1

4. Fund tru:tllod
w

5. Annuity method
Cod es: b. Realisation AIC Liability /\JC

, \-... B-\ 1 --:' IJ-1 C'r<dited

c. iLy NC ,\.C'
w

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

c. A-5, B-2, C4, JJ.I <rcdit<:d
<l A-1, B-3. C-2, D-5 d. Liability AIC <i<bit"'I:Pat11ret's Cpital A,C
cr<:dit,-d

of \on- Profit 8. 'I ,(Iss is assoeiatt:d '' ith wltieh
Org:mi<>ations. Single Entn S\stem. one of dte followin& 1
Panncrl>hi Firm b. Apportionment of loss of par\ocrslup iirm 1o
4. l1t<' (oUowins particular, = lrom the t>artners
o<'COUnls uflV[r. X;
Direc-t expenses R. li.OOO
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 LA. CDIIJJIIt'J(!I! 2/JOT 2.of l 4

c. Prcpanarion or proIii and IO!is uccount of during U1e year , Rs 7.0110

partnership finn Sub,otipliOJI> out>IJIJ:Iding 11tlbe beginning oflbe
<l Di"n1llllion ofrealisatinn 10 pM1n<;rll R.l 1.4()0

!l. Cuosiucr lhe following <lura : Subscriptions oulstJ.nding Jttho closing of UIC
The a<!jll51ed minroinable pmlil : Rs year R. 1.600
Cnpiutl : IM 2.00,000 \\1h41 is the uberipti01110 be credited 10 rncuruc

Normal rnte of return : liOd Aecounl ,,f U1e }'ear1

Capilnliation 1111" : 20 .. 3.. lU 7.000
\Vital i. lhe value ofgoodwill on the basts of b Rs lCJ,(XI()

om
"''PitJ!lzalion of sul"'r-profits1
cl 9.000
b. 40.000 14. Which one or Ulc fOJl!l\1 ing Sllllcnlcnl i
c. con'Ccl'l
d. R. 60,0lKI In C,ntt::\1 of finrtl acoolinl gf non,profil

.c
Ill A and B ;m:: sh;ldng profill< m tb.e ratio legacy iJ
of 4 : C joins us a partner, the ntw JlfQLil
shnrins ralio among A, B and C being 7 :4 : 3. h. hown in the Income i>nd Expenditure

ce
i !l<ltriftcmg ralill bd\\loell Acwnnl
:L 1.1 c. shown as scp:uule U.bility
b. .I J3 d. not shown in U1e nc'Counts
c. 2 ; 1 finanl'ial Stah'ml'llh (Final
ra
IMM
u. t nxlit purchasl!!l oi'Rs 105 &om M . Y trcdiled \ ccountq
to him"-" Rs Sll l, whereas credil sal<:! ofRs 15 (A) : \Vbile p1'Cpar:ing Tdi11g ami
toJvlr. S ck:bitod lo him Rs 632. l'rofi1 L.,. Accuunr Bolance
m
What is !he recrilication enlr) for tho g;ivcn ouiSicle U1c Ttial &lance ore
orrot! tre.-alcd l\rico.
l"tn\'oh>se A c Dr. 23li Reason (R) I lo b.> ttUlde l\11cc
xa

fo' 236 because of the npplicotion of ruotchlns principle.

b.
1'(1 Soles
Dr. 501
501
("
1 """"'
Bulh \ .m,ll( nuln hLuU\' tm: H
.e

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

<l S Ala nul conecl l:l\lllanolion of A
To,. 3% c, A "' true but R is tobe
w

12. Cmllli<fenhe following <l A LS fab;e but R 1 truo

Opening l)lllonec <JI' R:1.. 110.000 16. <\.'<Srrljoo (A) : Fictillou ass..isorcactuolly
I' aymcnt by cheques Rs ..1.70,000 revenu" <:J<pendilnre wh kh are letnt>oratily
w

l?aymeni by bills payable Rs. 50.000 copita lised.

Paymeni in ""'h Rs. JO.uno Reason (R) : 111e.e assetS, therel'on>. limn pn
of copitld employed ot tJJ.e nOI- wo11.h ofthc
w

DiiiC<>Wll 1'<:'-'CJ\-.xl R.... 3.000

Purchnse rewn1> Rs l bus

Clusi11g bnlnce Rs. 95.000 Codes:

On basis or the J bO\' C data. what is tllc credit a BoU1 A and Rare individually lroaond It is
purchase ? I he correct cgplan:llioJt of A
11. Rs >.w'.WV 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 d. A is folo but R is true
13. Sub!!CtipM nsl'<leci"cd

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 3 or 14

17. What Iii that shows the wealth n. Which one of the folio" lng Is lhe con-eel
which thu hM ond ho" it ho.<; struem.c..nt 7
heen tnnvJ18 thllinvhr> 'IOe closing AJlPC'lr 1n tht; rrl0l
kuown1U 1 only when it is
Income statement a. lo sole
b. deducted lrorn touil sale
c. Fund flow . uemcnl e ffusted against opening inventory
d. V added slllt<1tknt J HJh.:IW't.

Which one of the following items dQa< not .\rrounlino for Share and

om
"PI"'"' under tltc h<:Jd 'miscdlancou
el(penditurel 7
n. Pt'Climin31'y 24. Which uneJlrtbe following slJitement is eom:ct'/
b. Dil!<'ount on i$sue ttnd debentures 'llte ha lanc:e of'Capital Redem111ion R<>!erve' can
e. Undm' riting conmtis.."icm on bu used for

.c
issuing por1ly paid up bonus shortt

Celnsidenhe following data ; c.. writing onprtlirninary expo:n.,i:>

ce
Opening Cllpilnl Rs >.0011 d. lloclarlng dividends
CIO;Oing cnpitnl R' 6,000 25. \\1tich one of the following is oom:ct
Dr.m ings Rs 1.0()1) foo ol' right.> under Right hsoo_, ?
New R SOO "- 11te market value of exii!tlng shares is to be
ra
u,eJJI'Ofil ul'theytar'' with tbe issuo:
Rs b. 111"fC<:. value of oxL<tittg 1s to be
oonsiden:d witl1 tbu i.sue price
c. Rs 1.000 c. IOc morkel valoe of exmlngsb:m:s" lobe
m
d. Rs 500 consid<:rcd wit11 the faet: value
21). \\'bile prep:uing filllll aecouniJ.
entries dea l with which of Uta foJIQwing Y
xa

J. Ji'<p<'tl>'<.:s WCUITOd
2 lncome t-eceivc:.-d i><caicul.tl<:d on the
3. oul,mnding ba<i. otwhiob oneofthetollowing 1
4. lncmn.; received in a. Tolal asNl<
.e

Sol<ellhc oorr:Lanswcr by usin!l Uto cock.-;

wwn below; e. Fixed
11. I . 2 3 nud -1 d. Glms current a5!SC\S
w

b. I ami S 27. Cnpilll. rdluetion 01ecnunt fn llH! talte

of:
d. l ,hnd a R..'dem-nl reconsh'UCtion of a compan_y
w

21. How hould aU nrre:trs tt lnta n.ll rocomtJudwn of .a u.1m 1n

pref=nce dividend,$ b.: dtO\u In sheert e. Absorption or a. company
/\.\ ll i\mJIJS>motion Of two C011tp6tUC8
w

\L
2S. Consider dte lollowing relnting 10
c. As au outstanding li>hilll,i tho compuLtion ofncl asset vhte uf sl.1nn:s :
d. l\s cum:nt liabilil) I. NetMel vo lue computed eilheo' by """be
22. \Vht is the li:tbility un bills!Ifexchange rt the net asset method or by tho no::t equity
di>'COUntc>d ?
2. lnlnugib 111 a'"dls tako:n into accounlin
b. CuJTCnl .liability computing r.he net valua.
..:. 'A1ti<:h ul' U.estatetl)Cltl!l !liven above. IS are
d. Lin1ittd liability correet1

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 I.A.S. Cnmm<'I"C'! 2DfJ7 4 or l 4

Toral 4tlmes
Net profit margin :
Tota l hsols : R
d. Neither 1 nor 2. What is Utenctprofu ?
. s.ooo
Ratio :\n;\1\sis b. Rs 10.00()

29. Asst'rlion (A): Tmding on is d. Rs '25.000

ftiC('tnmendcd in n.siturttiun wltcrt rate of return 34. l11e of comJtany is "-'f ollows

om
is higher thm tl1e cosl of capital. R.s
Redstln {R): Tr.10ing on toquil)l nt.1gnlfi"' 9"o Preference shares of Rs lUI- e>ch :
liPS. Equity slmrc.- of !U 10' coch . 8.00.000
C.ides: LL,OO,OOO

.c
Profila n.... Ia:< lU 2.7(1.011()
b. JlQlh A and Rare indiWdunllytruebul R is Equity dividend : 2oq.
not con-eel e:q1lonatioo of A price RJI40

ce
c. A i$1nte but R What is lht pria:-<:aming ratit
cl "- i." llil.<e but R is lrut:
30. For what type of compony, high g.:.'tfeil caritl b. 1.5
structure is susgeyted 1 e. 11.12
ra
Company d. t2.12
n. '' hich nt\\ ly Sill up 311d malting Fund Flm1 Statements. (ash F'lo1\
profit
b. whk:h is motured on but los Sta ttmtnJ'
m
"tn.:h ou.:: .Iutlnt.aLmi! 35. i\.s.o;t'l"tion (A) : Dcct\:OSc in cwT<:ntliobilities.
mill without decrease ln commt will increase
d. wltich it hi the state of rcc1wery oll<:T 11 n'king
xa

making lo$ses Reason (R) Equol incrc:ise in

31 A wmpnny ' vilh poid up capital ol' S.()Q() and t.:Unutl wil l wnrkU1g '-"tlpita1.
nf Rs l() eaoh hm: a turnover o.f Codes:
four times with" margin of 8uun "' is a. Both A nnd R ore individt.,lly lnte ona R i$
.e

the return on inva;tment (RQI) of lhe compttn)' 'i

-
tb.o CQrrcct cxplaruttion of A
" h. Both A and R ore individually true but R. I$
not Ute con:, ct explanation of.\
w

... \ , .. uuchut " 1.1J"-

d. d. AJS false butR. is tro
32. ,..,, on 3 1-1 2-2001i. oomtany'.l lfohiliti"" were : 11 following. infomtalinn is from
w

Equif) c:.rit>l Rll 1.00,000 !irumciolstat""'cnl! of company :

RO$ene , Rs11),000 Net pro!ii Rll:!O,OOO
Profit Rs 14.000 Opening <IOcl.:: Rs 20.000
w

Loau Rs 1.10.0011 Closinl!'locl; Rs 24.0(10

Ci'cditor& Rs .30.1100 Opening dcbtOB lh 30.000
Pmvision for t:t""tinn It J4,1100 Closing debtof!l R. JlO.OOI)
Pmpos<tl dividund Rs ]()_(}()(} Wl1at is tltc ""-!h r,,;n, opcrotiorut
Wltat is the proprietary ,.. tio nf the company 'I
a. 1: L89
b. 16 l S.Ul)(\
i!. 1.35 : I c Rs 12.000
d. ' ; 1.03 <L 6,tH 10
33. Lhe followins dato
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 LA.S. CbinllilitJ! 2JJ07 sort4

37. \Vhjcll tine of tho tbllowillJ! Is not discloseil in dobcnlll""' or other curities wh1cb have been
lhc <lntcutont of l!llSh llow!l, cithi.'!' on the face of sold t price th.ln lhoir cosl'l
th or in a cpomtc $Chcdulo B<rnking comll'lllY
a. OIC ntl!,ior c.lns= of groos cas it ra:ciptJ b. J\ comll"DY
b. n .eamoum ofincome poid
c. ..,ence onen1ed company
0

c. A rt.>Conciliation of net iocomt.\ to ntlt cash

now lrom Mtot is the priltlAl'Y objecthc otTall Audit uls
-14 AB aftholncome J.%1 1
"- To :!Sliist lhe mmagement in Clllllpuling i:t.x

om
iil!idiiil# ;oc:cutlltoly

38. Who conducts the eOktency and propnety

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

plmning
b. Cenlrlll Guvemmcnt Auditl>rs

.c
cL l'a 3SJ11Sl Ule t:t.x :mUwrities to collect more
c. Comptroller and Auditor of In din
lAX reVCJlUC
d. LllC-11 Fund Auditors
44 . In which nl' Ote fullowms cos<:l;, dn<:S Ihe
AsS<>Uion (.\):The duty ofdie auditor is lo

ce
uhmit .l.on!l Fomt Audit R"p011 (LFAR) in
P"'l'""' the ooudil l'eJlOri nd s1gu il.
oddition to tho main audit report 1
Roason (R) : It i! not tho duty ofOte auditor to
a. lanufacluring comll'lny audit
sec his report lx:cn se.tt 10
Coton<tull\'e ociety ttullit
Cod...,;:
ra
Both A ami R 3re individuolly tnte nnd R ;,
d. .EducotionaJ institution oudit
the eot:n:<.1 cxplanotiou of A
nte nnd Other Cornpon i"'!
11 UNh \ H .u:... tmll\ ulu.dh btlL' bul H 11
(,\uditor.Reporl) Order. 198H {MAOCARO)
m
1\1 11 the: urn'OI-.1 c-<ul.uuatlnu ''' \
dll<)s not include COTnJ)3n) engaged in which
<l.A is U\Je but R is tldse
on a 1>f Ute lolloiVing ?
d. A h folic but R is lruc
a. Supplying and renderin,&servl.\<5
xa

Comidarlhe rollowing stolemeol

b. "frodiug
L Liobilily of prof.,.>ional u<X:OWtGUlts ;,.
c. '11>e business of financing. investment. dtit
unIimited.
f'und. nidhi or n>utuol bcnetitsocicly
2 Pr\ll'cs!liclnal C.itl ft.rrn <)nlV
.e

partnanblp ftmu. '

Mi. Whl is an oudit of <!l<ocutivc ootion ond plans
\Vhidt U( the stolooh:nl' givon ubo\'c is'nro
bo:tring on Ute Ji no nee and .tho ex 1""1 diture of tbe
con-ect "!
tompauy. knowu.as?
w

b. 2only Pmpriety oudi1

b. TII'ficjt'ltoy audit
e. BnUt I nd 2
w

d. Neittter I nor 2
d. Opernlionol udil
\Vlticl1 one oftbe following as :m eumple of
1\.llitch ListI "'ith List-ll and the cwrect
lll'tOI'S ofprioeiplc ?
an&wcr by tt<ing the code>; giVCJl he:low the
w

a. <::rcdir 5(),00() from l'vlr, :;

c:nlcrcd in Sales Day Book
h. Cra:lll to Mr. Y Rs SO.VOO is not
A. Sales
13. l:.Urchases
recorded in Sal"9 Day .l3ook
C Payment
Sllltionery R.! S.OOO dcbi\<xltoSolilry
List ll (Typt> of Misnpproprlotion or
,\.,.,-ounts
C ah)
I. Conccating cash. rcc:eiwd
2. Teerning and lading
In of tlt<> toltowmg companie, the >udirur
3. Suppressing c-redit nok..
is Mt hK1k intuthc >ole <11'hao"-<.

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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
!'odes: liVdit 7
\ L U-1.1.'-
h. A I, B-4, C-2 b. Facilit1ting linnl oudit
o. AL.D-3. C'- 2 c. Thtrl) finali, utioo (of annual accQunlS
d. A-2, B-4. C'-1 'll Ensuring <}'l<tematie accounting
48. Which ly f.l<' .or udit ;, compul;ory for n btlking, 53. lo tho c:oniCl'<lof oudit. whero>:u'c: "What \Vwk
orgonlsotion 1 wn. dl)ne ond h)' whom wlui

om
" Periodical oudlt and _infotln.ation givc:n ;wd by
f l mlmuuue shown 'I
c. 1\bnagconentaudit
d. Interim nud it b. Aodit manu.1l
Who dlrcds o Sp<;<:iru audit of """"unlli ofa 1:., Audit progtouuno

.c
COilli""'Y 1 d. Audilroport
a. Slm-choldcrs MU1e cmt""l' 54. T.x:ming :lrod lding' is cxen:is.xl
b. Company U.w Boord wlti> tbo motive nf

ce
c. SI!Bl
I ' It!\ t: lllfliCOI b. t..lisappropciauon of goods
50 i\t.tch List-1 with J..lsHI ond select tlte corrcet c. Fulsific31ion of :><:counts
answer by using the code given below i.hc Lists d. Ellrl) cOinplclion of a<:eo>mls
ra
(T)'p<$ or Error') 5$ lhc fcJUnwing otq>ll in of
A. Errors of commiss ion_ mpling :
B. Compeuatins errors I. Determine thesamp lesize
2. rako saruph: and <ktcrrnlnc the results
m
C. I!Jrors of pnnciplo
LiSI II 3. Determine sampling plan
L &tcorrccr ollooati<Jfl of ell:penditun:: 4.
2, Counter b lanced error llte of the ICJl!S giwn oow
xa

3. lncorrccl .. 2-341
Cod es:
. :\3, B-1. c-2 c. 4-.32 I
b. A-2. l:l-3. C-1 1L 1-1-3-4
.e

.
<..a Jital \larl,rt E\Chancr)
A-2.1:!-1,
56. Consider the following st1temel$ regording
51. Li$1-1 1\itb ListllnnJ select lh< comx:l
\\lulllliC Fund<:
w

amower hy us ing codes given below the J. Mutwol con porticipate in opti<u\8
T.i>t-1(M<Ihud ufC"lot..:king)
tr.1iling_ and canyinJ! fonu1'd trnnS;aC-IiftnS in
.\. Vouching
w

.securities.
B. Routine Qbccklnjl.
2. C. h;tu.1J funds. co.n nl\'esl m tr:on.t\lnl>le
c. \' oecurlties in 01e money .1nd c"pit!l mnrkets.
w

0 . l'est chccld ng
\\1oielt <lllhe stalerncnts gi\'CI1 ahqvc ill!are
l. lst-U (Exoonplc)
eom:ct 1
I. C"hocldng of cot ""d Jl<lsllng
a. 1 only
'2. <.:necking of cntnes
' C"hcc.kit\8 (l'lrtial c-ntrie<
c Both l and 2
Enquiry mlo !he volue
d. Neither I nor 2
Codi'S: SEll ! guide fin"" fqr di<closure :md
57
, , A-4. B-J. C-2. 0.1
invc$1ors ion based on t)..., guideline'S
' \-l.B-I.C--1 II-
gh'i!n hy tbecomminee UDder \\hose
o. A-4 . 13-l. C-2.0.3
il' ?
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 LA.S. 2JJOT 7 of 14

t; GmwUt Fund Schetno

d. Kclk:Jr
ss. The C'nmmillee constituted by SEBiundar die
eltoininsbi11o(Judicc Dr. Dhouulorhad whteh
uf die Jolluwing tOlltlS of refertnec 7
L llf intcr3lio . die SED! Act. SCR.
l.lepo<it.ories Act and tha
D. O.lf..>Sbo"' Mutuol Fund
1Ch.rc1oristlc)
J. Jt offers capital apprc:eiatioo oftltc
llnderlyinl! tm'<>!tsnenl
2. II js a fwtd accepted and liquidated on o
C<>ntinu6us by a Mutual Fund Mru111@cr
3. Tt known os I'Cj),ion>l or oountl') ttlnd
of No exitp<mihle till Ute closw-e of the

om
the Compnics pcruiuing lo the capibl scheme'
mrket Clcs:
2 T<llcvicw Uto palul JIIO\ oontinotl in a. A-2. B-1. C-4.
tho Sectionf 15(AJ to IS!J) of tho Sccuritie. \'1 , A-3. l!-4, C- 1. D-2
L3\IS tAmtndm.:nl) 1.1

.c
Select dio correct anwcr by usmg dl" code d. A-3. B-1, C-4. [).2
given btl()\\1! 62. C'ttnsidc:r the lbllowittg tnteme11ts :
a. I only J. UTI i by an 1\Ct nfParliament

ce
b. ltmly in So U11 do..-; nol under
Sf'-'31 regulations lor nmllml funds.
d. Neither 1 nor 2 2- II lutoo I fwtd. can inYesllheit
Ill capital morkot. 'Bolli' i' used t.o measure mobifued fuuds abtoa!l.
ra
WlHcll gi1't11 aiKtvc '" ""'
b. profllnb ilitr. ofsecu ritics oom:ct 'l
c. markaobility e>f ._ I only
m
d vol11tiliiy m pnccs ofSci;,Urltu:s. b. 2only
60. Match J.ihl with Li.t-ll an<l sciM the currect c. Both I and 2
amwer by LL1'ing cl'l!k< given below the li<ts
List-1 (Rcgulotor or c apital M-.kct) All$. (d)
xa

A. Cnpitol l\!JukctBonrd 63. C<msider lh.c fallowing :

13. Securities Commission I. SESI ocL ojudidoll>ody ond has the
C. Scc.uritid "-Od mo pO\u LIICf'ivil or Willet Iii<.
D. FederAl l'ur the C'ode of f'il'il Prilt<IIJ'I}, I'XIS. while trying
.e

l\llukct a suit in certain

List-II (Country/Ciobol 2- SEI:!I $hall bove powero ol holb the C:ivil
Mur'kot) Cow1s nnd Cnnri'n:ol Court. under CI'C and
w

I. N
2 H<mgl'tnl!l Wliiclt lif t he &1AtetHL11l' sivctlbvv<
'" l'ur:key correct;'
w

4. ' l'h:u!Jnd
5. i\<l:tfu_ysia b. 2 only
w

C'Od i'S: e. 13oth l nt12

I 8-5. I .;!_ IJ-1 d. NeillH:r I nor 2
b. A-2. B-1, C"-4. 0-5 Business Organisn1ion and
c. A-3. l!-1. C-2. 0-5
d. A-2. B-5, C-4. P -1 Comhinatiun ( Lifl'. Fire
61 1\LlWlt Li<ll \\lib Lisf IT ood dto ooneci 1\ I a ri II('. Ctutrall
onswcr b) using cotlc!< given below l\b lelt l..ist-1 wi(h List-U und 1i4'ltll:ttbe t:om:cl
List-! (\\lutual !lund S<ileme)
>llJ<Wcr by using tho co&:. given below the !Uu; :
A. Open-Ended Schen1e

B. Cl,..eEndcd i\futWJI Fund Scheme A. l:trine inmnmce

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 B. Voyage polky d. Clearing nd ogent
C.. Bloek policy 71) Comidcrthefollowing<tat<'mCnls :
D. .lniSon 1. Mo;r<:hotnl banket11 need n<!l mintain
Llstll hocL capy of the nuditor'& rcpoli 311d
,1, lluuwlng C.11'80 statement oftinaocial PQ<ition ,,rthe bi>.Ulns
2. Va lue i decided at dietirn<H>fl'onning compony.
policy l . ' lilere is no stipulatil>n f<>r a le:td m3nf!Cf 10
3. Lloyd' As>odnlion JOO"fll underwriting obli8lltio!lll.
4, Lmd ond eo risll \Vhiclt nflhe statement gi,....., abaye i are

om
5. Corgo com:ct ?
Cod es:
u. A3, B-1. C-2. 01
b, ;\ -I, B-5. c. Botlt l ond 2
d. .;!lter l nor 2

.c
d, A I, B-4, C-2,1).3 71. l{ed lnk lnterest ;, noted 111 whiob one nr the
Cm''"'luepti l Luss ts an e.-mple of li Jilowing V
of;

ce
;a, Jl-x.isling a"sdS b. eum:nr
c. Capitol accounl
c. Re-msuranc.., d. Cash accounl
<l Double imu)'l)nce 72. Consider thcfollowug Stlltetrten"
ra
(i(>. GrcH! [>fotil ptfCl:lllllgt$ <Jit I.UnH)ver fc\r \he 14$1 1. Prit'ale rcmiunnoe rcduo<:s pr<:!$Ur<l in lht:
three years wcro: 25'tu ond ln lho balance of p3)'lllt:111.!L
cum.mt year.. lhetewas fire in "l;q' which 2. Invisible recelpL' a11d Jl3ymert" are recorded
destroyed 3U stock Open log s tock was Rs Ln curu.--nl account ofbalonca or
m
<(),0(10 at ana sali:!! upto Ute dte ordie sratem,, ls gi-.cn a bote is'are
of lire amounted to. Rs SO.OOCI ond R.< l.OO.O()() eorreot
resl""tiVIIly. I only
xa

What i! tho-value of clooiu.g sto<:k lbr ckim wilb b. 2only

comp:any 'I ; B"1h I nd
IA@iiij d. Neither I nor 2
b. Rs 43.(1()() 73. \Vhich <)ne of lhe following .sttemenl$
.e

c. J(> 23.000 com:;!.!t'1

d. R< 13.li!M) lixehange conbol me.n ures :>re to!("'l by Ute
Fonign J'radr (E\ wrt-lm wrO Rcs..ve &ok oflodia to:
w

67, Allln1lustry i.<; "-'ociatod with wlu'oh one

,he t.ll.l
of tho rollowing 'I
b. oontrol tJte flO\\ of lbroign C:UrTeOC)'" into
w

n. Duty drowback
lodio
b. Duty passbook
o.. reduce the offorcign CU1Tel>CY
o.. hlolket <wvelO]lment >$istance
w

II
d. clteck..tbreigo currency
68. \Vlw issues tho Sma.Jl xport.:rs' Potiey 'I
E."<pol't Credit Corpom1ion \l:lllagrment
b. Chomb<:rs of 74 . McC!cll"nd's Ncods TILeory tzalks
.:. Reserve Bank Ill' India bout dill'efllnt needs 3re n:lel'antto
Which foll'o'>ing r<>UiotO 7
6!1. Who lhe l..et On!,. 'I ;1.. Power. actual17.3tinn. peopl

Shipping ag<:Dt
c. Affilintion, P"-stige. OICI\taliznlioo
e. C.Jtloin or Ute d. Peoph.:.trcsligc,

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 /AS. Cl:rmrm!rcl! 2!107 9of l 4

Wlitch of tl.e qunlili"* arc the fcmr c.. tie ads as a. laison between
essential roquiremeots of ctivo llst.enins 'I dcpartmonts Qt ot'gonisauom thDt ore iu
n<:c'qltnnce, f...:ttut:nt contact

1111;;;1 cb.; p .111R1c;ULll

rntcnsity. empathy. aCCCi'UIU:o, wilfingnC:.SS
to take r.:sponibilit) for completion 81 Which of U1e t<llo11in8 m tcnwnt
d. Aeooptanco;. empathy. <illtpN!I>IO!L coordination "" a fuot<:tion.1
Which one of the slat..nent. is J Lt ill tbe orderly arrangement of group efl'oo'l$

om
contct'? to c1tSw\! unity of ac;.lion for accomplisltlug. a
A job specification best describes oommon objCCh\'e.
a. job eontc-ni.JI. cnvimnmcnt und or 2 lt oi<\:CSarily hJ. time, quantity, qUlllity or
employment direction dimension.
3. Ll lli rc:gardcd by some a5 an oil

.c
function of and nol JUSt one of"
il14 flluC:ti()ns.
c. the """ oblig.1tion. ""well SeiCCl the anS\\ or h)' uing the CO<ielo

ce
a< th
of a job given ocluw :
d. the job witlun lhc organisational structure a. J ond 2 only
n Which one of U1e following is not lo b. 13nd :; only
splmter<-'<1 authority? c, loJtd 3
ra
11. 11atlehy rwliotg nftwo Q1' mnn:
nusnagt:rS 82. Comidcr lhe ibllowlng <!otcmcnts :
b. is in uahtte 1. I heory X observes thnl ..,, tl(<ise
m
\I.JWJJlG" llJ\.: W rqKJ11lO HlOI"C !lUll 1101.. o;clf-dircction and accept responsibility.
2. Aooording to Dougl:os McGregor.
d. Deleg;>tcd i1\llhority con bu tecov<o:ed ll$KWnptio!lS Oflhe Y hed <.opturcd
78. \\IJlich one of lbe following f01ms of th<: true na)Ure of workers and should guide
xa

organ.izotion wouiJ b""t duscdbc tho blend ot mnnagcmc:nl pn.1cticc.

by !\motion Which oJ' the <tal.,.neots gh""' above ill>;ue
dC(Iartmcntnti<>n by product ? tmrcot ?
a. Vinual orpnisatitrn
.e

b. Strategic business unit

c1 8nck :md mortar c Both I anci l
d. Ncilher 1 nor 2
w

From rn anag.erial p<:r8pettive, which tho 83. Which one ofihefolk>wins ;, the power that
must dcsir.tblc foo1n nr cuntrq11 :u-ises ftuntidcnl-iliC(tli<Jn with t\ J:x=r!inu wlm htul
11. C:nnlingency control dosi.n1b1e resources or pee:sonnltrnit1 in Lhe
w

b. Fe:dback. <:Onlt.ol cont.,.ls of leadorship ?

c. Peed forword control a, Re\\ ill'd po1VO{'
b. pQWCf
w

Which one of(be following ;, tlte corr"'t 0 jXl II <1'

2
1n lbocoolil:'\tofooordlnation. a s.:tid K4. Wluch ono of the following is not a type of
to b<o playing ll boundluy rolo ''hen Jcalk:r idenlifiod by thttpoth gu:tl Utoory of
11. be conlrob or Ink<$ a""OS9 let!cWr!lbjp '/
tm..,IJo I ll Dir...,li"i l""dl:!
b. .he llS!Um"" nn addillonol cbltfll of a unit b. .Participative lender
over :ond ah<we his core charge
d. Surportiw lender

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 10 o r l.4

8:1, 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 c. }.J;uul!-<TS must ntllkO'dt:<:i&ions thatrc
B. and Mouton
ilhin lheir :mthority
C Touncbountand Schotiilt d. Rcspon.sibility ol' actions c;mllOt be more or
0 . Fr<d Fi<:dl.x ic<s lhon Ute deleg:lled uthurity to perlbrm
J. isl-11 (Theory) the smtc
L l..e:t&rship M a contmuwn 89 Midlnel Poner hd' rrvo ""'- in

om
2 analysis of"'' <ndUSh)' \v11ich ouo of ll.t<:c
Contiugency theor)' ronowm,g. is not port or thco live rorces 1
Grid o. Competition prnqng
Cod<''"
n. A-3, B-L C-t D-2 c. B.vgoining Jl<lWo:r nf$uppliors

.c
d. rhreat of new rompnles entering tlte
c.. A-3.B4. c-J. D-2 n13J'ktt
d. A-2, B-1. D-3 lXI, \\1tich one of the

ce
Match List-l "i.th Llst-D nnd !-'l""tllu>oom:ct COn 'I:!C.t'}
:uuwer by using the codes given below the list; ".No particular man01gmuml action b3sed on
!Jist-f pl:mnmgstrategy will be suitable fot
A Typ<ng tcot situUOO$," is o basic ofthe
ra
B. Verbal
C. Sell' cooJ:ideoco test \>. hum no heha\1our pproaeh
D. Clerical test
m
List O d. role appro ncb
1. PffiorulitY tt:SI 91 MtiCh one of the foiiOWini! SIJltemenl is
2 t\ptitudo h:ot

Acnle-.""'"' 1os1 Bounded ration lily llfll'Och to dedion-

xa

3.
4. lntdligcoc<rlc'St ruoking cosults in
Codl'S: a. ma.ximising

11. A-1. B-2. C->.D-4 c contingent dc.:lsivn

.e

c. A-3, .0-2 C-L D-4 d. tistactol')' doci>ion

<l A-J. B-t, C-:1, .D-2 !!2. in Lhecontext of'luerarchical
87. Which one oftlte followlns abtJut wbich one of Uo followins, is tl>c c:orrco:t
w

election i not ' 'lid '1 hier.ud1y 7

tL Rcl:ntilmc.:nl a posjtjvecSc:t1ciSC) \\ltile a Objwti\'es- lmtcgics-buqgct-
$election is n. exercise
w

b. Ote utility of Interview ns tool or .election b.

is >Jfecled by the pO&;ibility procedurcs
e.
w

hia$i

U!JIIQfhhilij.
d. RoJ\:rences have a limited role tn the 93. Wlucb one ofthcfollowingstaiemenls
seloction lor cmpluyment correct?
88. Wbidl one ofllto fullo1ving bc!tt lo I'J.lRT chart. lhe ccitiool path i
eXplain the principk ? a the6e<Jucnec of the mu; l C\t1JIS
a. Superiors c.1nnol cscr.pc rosiJOMibilitics and octivitics the project m
for org.anising of their suhnrdiual"ey

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 Uof14

.:-. llo<>le;osttimc consumrng sequence ofevtnll> ()1'8Joi$31Jonal alfeellhe number of

und llCtlvill"-" that oan bttcffect.ivol)
d. tho .:nd p<>inl' filJJTC:S<:nling tho complcticm 511perviH<:<I hy mnngt:r.
of mnjor activities 2. the usc in the or!l"ni>ntion
94. Which of1hdollowlnsls, are lindlng(s) i>t' affect the number ol' s11bordmates that
ITowtltome Espc!'imcnl? bodfcctivcly ooporviscd b)' ntanagor.
I. pP)l)uctivity mL'I'CaSes os worket'! li:el \\1ticlt of the ' lAtancnts gi\lelt al><JI.e i are
bupoltluUo. n:Sul! ol'bcing noticed correot 1
2 Pr(l<htctivity U,cre'll!e< os lime nfthe a. I only

om
warkas be iog modified b. 2.only
3. PrO<Iuctility is indCJX'<IdenouF ' llulh I nd
envirfJtltllc:nbl d. Noillicr I nnr 2
Select 11\C correct answor hy the code1 .99. Mot" h IJt-1 with Li<t-llamlselect the mrrect
giWn boklw ty using th" oodo; gi\'1::11 below tho lists:

...
.c
n, I only List-! (l:lleral'("hy or Objlletlv<:)
h 2only A. (V[iAAi<m
a tvf..-ket share objectivC!;

ce
d. l anJ 2 C. l"=rsor,l dewi<Jpment ubjectivt>'
95. \Vhlcb ono of lh<>following stntemcnls is D. objc:th;cs
coaecl'l List- II (Lewl of Mlutagemfnl)
D!seretiOitJlty cost budget""' used fill' 1. lloord level
ra
11..me:,.Ufing marketing and dl'cctivd11cs 2. Top management lev.:l
b. ""fl<!"""
centres liko odntinis1111tivo. .lcgn.l or 3. t\fidd)c level
''''""'n:h <li:pa1ment 4. 13oltom level
m
mD.Bubctunruz pl.Jull bul .al.!u Jnr &0\ nrul Codes:
lu:'l(: nUtJlUI can he .tr.:-.;ut.tlt.:h mcuun::..i a A I, B-3, r4. D-2
d man"(;effl 1\lu' hove for hotlt
""'penses nnd revenues nfthair umt' e. A2,. 8-l ,C-;';, D-4
xa

96. Corundcr thofollowingstotcmcnls ; d. A-2. B-3, C-1. D-4

Management can diagnrn;e the >!Ole of gm11 th of tOO. Which one of the rollowingstatilment<
nn enlc1111i.<c by anoly;ing the CUJl'CCt?
I. eamed tlut.>uglluul Y"""' .'1mOli,8 the mothod<of bnhging aboul ehnngr, in
.e

2. decisions needed to allnin obj:U\'C. the organisatidn and its humiln reSOUNd,
Wluc!l of the statements !!"..,..,
;bove
IIO-intng reJeq to the Jll'aCtioc o(
oorrect 'I a. "" outide ''onultant fC!r helping the
w

o. I only mllnagers 10 pt:reeh: c:, unclersl:tnd aod on

b. 2nly prolll."l'5 """''il<
-''''''"''
w

d. Neitl1cr I nor 2
performing work ltJ\'oJ,lng eqi.IJII them llnt.l 1o.ul\ tm tlu. ""me lhlllu'-1,
w

hutgr<!btrisk arc poid some nmooot al)ow the

minimum wnge. Wbot this amount referred 10 c. <hnging bchnv10ur through unJitnoc'turO<I
.. 1 group interaction
a. Re-nJ wage d$ involving team mcrnbca in to
b. wage to.1m h011 each mcmbct thinks and worb
e. Fain,age l01. Among the Jymools u...ed workOow
ln office: tJoc:H :m lnva'tctl
98. Consider the ; trllinglc dWlolc '!
noe prmclple ur span ofnanng<ment that n. {)pei'aiion
IWiiiip!Q!

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 LA.S. 2J'JIJ7 :U.oF14

Jn.spo:uon c. profits fora given linandol

d, Dol)' j lllt
I02. Cqn.sidt:r the rolltm in tile octmext II II 'l'onf tlte gr'ci$S prnfits fc1r rt given finond>l
of record m.an:tgcntt'nl: Y=
I. only objective is l.o ens=
106. A CC)py or the Balance ond Profit & l.os
ovollobility of infcmnation for Accoulltarc 10 be filed "ilh tho Rogl$tturof
de.:IS i on-mllk in g ('umpanios "itbin ''hich one of tlte follo"'ing 7
2 .f'ro<edu"' for dispo,ul of l'<li:Ords and tlt u.. 14 days of r\nnu>l Genornl Meeting
retent!on schedtde hotb be ""id down b 21 cL1ys or Annul Genernl

om
in Records' J.ttnual ..: .!M <l1n oJ .\nnu.al
Wluch. of the statemenfs J!h en oho\e d. 45 days or Annunl General l\ le<:Jlog
107. Con.id<:t lhe folic)Wing stntemonrs
'J be dpctrineot' indoor manogomenl docs not
apply in case

.c
o. J;loth J ond 2 L of3n outsider a.p :1ctual Qr uupHed
d, Neithc..- 1 nQr l \!tO\\ ledge ofthe lttc\; of outltority or lho
('(lm 1a tl\ L:m lnduding S('Cil'larial >ctingcm hebaU' of'Lbecompony.

ce
2 wh<01 di.,oulsick:t hn.' no km1wlc:dge of tho
Memorandum ond Articles of Assocutioo of
103. Coosi<lcr tho Jollowing statements- n:lating to tbe company.
company odmmlslrllllon: Wluch of lhestal.<menJS si""'l L<Ciarlt
ra
L l'vbtt.::rs n:lllling 10 allet'dtion of ClQrre<ll 2
memorandum of assooiltlon. a. 1 only
2 lvllillc'O! n:la1lllg to fwthe:r l;su" of siiJIA:S b. 2 on ly
through prelbf:otial !EI!!lll!!!!!l
m
Which moU""' g.iV<.11 ubovc re <i<-cidcd b) f\'dther l nor 2
postal ballot of boreholdcrs 1 108. How con tho $bore ll!lpitolofa company be
.am re1i.uced 'I
xa

b. 2 only o. i3y a resolution pnsscd by the Board of

"' BqUt t nu 2 Oireclors
d. Neither 1 nor 2 b. Oy >n ordin.t!J' reulution in AGJ\l
I \%ich one of the following staleuleul.'l ;,
.e

correct?
fu po:r dause49 of Ute I .!sling Asreent<1JI., d. l:ly p"fflltOston 6-nm the C'Qmpany Law
ill eote of an H.-.ocut.h'e Choinnon. 3qord o11ly
w

l()Q, Cna,ider lhe tlJUowing tatements :

Equity $barcholdcn.llf'l.hc company ho\ c
b.
leMI -10% flfl>oard should compriso; I. pre< mpli"c right
w

!ndopcdall dirocto" 2. 'limited Haln1ily Ute porvalue of sbnrcs

c. ot i01!St30'lo ofboal'd should oomtJr:lse Winch ofthe stalemerus given ilL iW
i.vdoJ,..-ndont dll=t<"-"
w

d. there Is no specific percentage for a. I only
utdOjJCndcnl. din.x:.LOlll b. 2only
IOS. pet the Compam"" (Amen dement) Act, 2001. -. !.loth I o.nd
lhc loiJl I rcmuncmllioo paid to the of n u. Neither I nllr 2
compnny should not UO. Wh1cll ono of!he following statement abouttbo
n. tOt of Utu for giVt'll fimnoilll rol<> and flosition nf the Company S<:crctl)' ;,
nol correct 7
h '"'"
ll ll" ,,f lh-.:Ot.:t of 11 1\ lor.1 lloi. a principal officer of a company uuder
tlu: pmvisions of tho Tn..'< .,.\\!t

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 LA.S. Cnmmrntl2D07 u oF14

b. He i.s an S'Ill or tl1e Board otoiro::tors vis- Sele.:t tlte correct answer by us inglhe codes
Sllltl; IIJld otJ.;toroef:\ gi\'en bolol\':
I lind 2 only
d. He i>:tn officer in charge oftl1e
work in the c. 2 and 3 only
l II. Co.nl!idcr Ulcfollowing SIJiltmlCUI.!! : iL None of Ill<>!<
n,e mall by resolution I 15, Which <me oflhc lo!lo"int! Sillt.em<mts is
l. 1.10n\'<1l'tauy paid-up shirci into >lock.

2 reconve11 any intot'oid-up of 11 pro,i>ion of Section 299 of lhe rolllJlonies

om
J.ny d,mon)-in.atiou. Act ..,quiro tl1al tl1o di.sclosuro of inlercsl br ll1c
\VIuch. of the statemenls jliven lxwe." ;rre inlc.re.o;led director 8hould be mACk
currcct ? u. lllny of tl1c 13ourd mc'<=tinp held in lhe
I onl) lirnmcLal ye.'lr in which lheinierc.t
acquired

.c
111 b. nllhe Annuol Gencrol Meoting be.ld atlcr tl1e
!J, NcithcT 1 nor 2
Ll2,. Which one of tbe followin.J!. is

ce
"""""'?
L1Jc limited liability cl1u.o of o company CJIJlllol d. in response to an express inquiyY mnde by
bo allei\l<lo "'' lo tlte lhbi.lit)' of a director tbeBonrd
llillimited unlOS$ 1\ I i l:trtl' OII s
ra
o. '<)>CCiul t)fth<: cuurt is obutin.ed til
116. Wluch one oftlu fi!llowing i< not an example of
do so
$ 0UJ'CI1, wua automation ?
!EIAI
m
fJQCl.ilf fe\OlUliO!'l
b. MCR
alithe directOT>l consent to do so
<> Opticru recugniton
d, Articloo un oltertion by an
d. Optical bar code
ordinary
xa

117, \Vhicl1one of1he following stuement. fs

113. Wbiclt one of the CoUowintp blemeuls i>
con'OCL?
cor=t?
A Rclahonal Opc'nllor
In companic:s, where tho Atticlcllfmidc lhM
ll i.s p1nced in nliL-roMmputet llliAko U1e
(1in:ctor shnll hold qoolltic:nion thee
.e

borden of numbers oil' th" CPU

shores blust bo acquired
b. ;t !!Oflwarc ihoL a whole
a, before lhe llefJOn can be coosidered fm
prog_ram:ore lnto nuchine l:J.oguage
clircctorshij>
w

b. M pre-condition lo his huldinglhe office of

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

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

director
progrnmme a1 one time without inle!Ttlpting
die oxccution of noll1er
w

II S. In India. $orne CQmp:n1i"" hovc:stl11cd repnl1in11

I t -1. \Vbic:b ofU1e JXIWcr"' or n dircclf1r cao only he
ilicir humm1 resources in Uoir ruuuml rcporl!L
e:<.,.cisod ala Boord Meeting ?
\\1Jich model do thO) follow in voluing lhelr
I. Sell lease or otherwise dispose of!" the
huuann lt:Sourccs 1
whole, orubstantlolly !he whlllc of
a. Hmnllllwli model
llilder!Jilcins of u..,
b. Gil"" ao(l Robillsoo model
2. Ri:!nil or gi\'c timc f\r rep:1 <If an)'
debt duo by o dU'Oclor
d. J'tllllllholtz model
3. l'vlakecalls on shareholders in '"-'P""i ol'
I 19. t\loleh Liot-1 "'iih List-U and
unpnid on their
by tl1e code$ given bcl<>w the lisl< :

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 U .S. Cnmm"""' 2007 14 of 14

l.istl
A R Chnndrn.ekbllra:n Committee
B. I..C. Gupta Commilfee
C. S.A Dow Conuniltcc
Ust-11
l. Resultions on ln11Clstm<11l

2 ReconJntondot iorlll in respect of WC)fkins
draft of Ute Companie. Aot

om
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