1.

THE LOWEST % OF INFLATION IN

YEAR 2009

A. BELOW ZERO
B. 1%
C. 2%

2.
FUNCTION OF MGT. CONCERNED WITH
FINDING THE RIGHT PEOPLE FOR
RIGHT JOB

A. ORGANISING
B. STAFFING
C. DIRECTING

3.
A MAN IN A COMPANY WORKS AS
SUPERVISOR,THE LEVEL OF MGT. HE IS IN

A. MIDDLE LEVEL MANAGEMENT

B. TOP LEVEL MANAGEMENT
C. LOWER LEVEL MANAGEMENT

4.
THE ELEMENTS OF DELEGATION ARE

A. AUTHORITY
B. RESPONSIBILITY
C. ACCOUNTABILITY
D. ALL OF THE ABOVE

5.
THE FIRST STEP IN THE PROCESS OF
ORGANIZING IS

A. ASSIGNMENT OF DUTIES
B. DEPARTMENTALISATION
C. IDENTIFICATION OF WORK

6.
PRINCIPLES OF MANAGEMENT ARE
FORMED BY

A. EXPERIENCE OF MANAGERS
B. EXPERIENCE OF CUSTOMERS
C. PROPAGATION OF SOCIAL SCIENTISTS

7.
HENRY FAYOL WAS A

A. MINING ENGINEER
B. SOCIAL SCIENTIST
C. PRODUCTION ENGINEER

8.
DEBIT THE RECEIVER AND CREDIT
THE GIVER IS THE RULE OF
A) PERSONAL ACCOUNT
B) REAL ACCOUNT
C) NOMINAL ACCOUNT

9.
GROSS BLOCK MEANS
A. NOMINAL ASSETS
B. CURRENT ASSETS
C. FIXED ASSETS

10.
KEEPING MACHINES AND TOOLS
READY FOR OPERATIONS IS THE WORK
OF----

A. REPAIR BOSS
B. ROUTE CLERK
C. GANG BOSS

11.
FUNCTIONAL FOREMANSHIP IS AN
EXTENSION OF -----

A. DIVISION OF WORK
B. STANDARDISATION
C. SCALER CHAIN

12.
TRANSFER OF AUTHORITY FROM
SUPERIOR TO SUBORDINATE

A. DECENTRALIZATION
B. DELEGATION
C. DEPARTMENTALISATION

13.
ESPIRIT DE CORPS MEANS---

A. UNITY AND HARMONY

B. SELF MOTIVATION
C. KINDLINESS AND JUSTICE

14.
WHICH IS NOT A TECHNIQUE OF
SCIENTIFIC MANAGEMENT?

A. FUNCTIONAL FOREMANSHIP
B. TIME STUDY
C. SCIENCE ,NOT RULE OF THUMB

15.
ONE BEST WAY OF DOING THE JOB
IS RELATED TO

A. MOTION STUDY
B. FATIGUE STUDY
C. METHOD STUDY

16.
GANG PLANK MEANS-

A. OVERLAPPING OF ACTIVITIES
B. DUAL SUBORDINATION
C. SHORTER ROUTE IN EMERGENCY

17.
DRAWINGS OF EQUAL AMOUNT ARE
MADE IN THE BEGINNING OF EACH
MONTH,INTEREST IS CALCULATED FOR
---- MONTHS
A. 5
B. 7.5
C. 4.5

18.
THE FATHER OF GENERAL
MANAGEMENT IS

A. PETER DUCKER
B. F .W. TAYLOR
C. HENRY FAYOL

19.
A AND B ARE PARTNERS, C IS
ADMITTED FOR 1/4TH SHARE.
SACRIFICING RATIO OF A AND B WILL
BE
A. 2:1
B. 1:1
C. CANT BE CALCULATED

20.
STRUCTURE SUITABLE FOR THE
COMPANY PRODUCING NO. OF
PRODUCTS AT LARGE SCALE
A. FUNCTIONAL STRUCTURE
B. FORMAL STRUCTURE
C. DIVISIONAL STRUCTURE

21.
PRINCIPLE OF ORDER IMPLIES ---

A. JUSTICE IN BEHAVIOUR
B. FAIR COMPENSATION
C. A PLACE FOR EVERYTHING

22.
THE PROCESS OF ACHIEVING UNITY OF
ACTION AMONG INTERDEPENDENT
DEPARTMENTS IS
A) COORDINATION
B) ORGANISING
C) DIRECTING

23.
IF PLANNING IS A FORWARD LOOKING
EXERCISE THEN ----- IS A BACKWARD
LOOKING FUNCTION
A) PLANNING
B) ORGANISING
C) CONTROLLING

24.
DEBENTURE HOLDERS ARE--

A) CUSTOMERS OF THE COMPANY

B) LENDERS OF THE COMPANY
C) DEBTORS OF THE COMPANY

25.
INTEREST ON CALLS IN ARREARS IS
CHARGED AT

A) 12%
B) 6 %
C) 5 %

26.
MAXIMUM CAPITAL A COMPANY IS
AUTHORISED TO ISSUE DURING ITS LIFE
TIME
A) NOMINAL CAPITAL
B) SUBSCRIBED CAPITAL
C) RESERVE CAPITAL

27.
AFTER THE RE-ISSUE OF FORFEITED
SHARES,THE BALANCE IS
TRANSFERRED TO
A)CAPITAL RESERVE
B)GENERAL RESERVE
A)PROFIT AND LOSS

28.
NOMINAL ACCOUNTS ARE RELATED
TO

A) ASSETS AND LIABILITIES

B) EXPENSES,LOSSES AND INCOMES
C) DEBTORS AND CREDITORS
D) NONE OF THEM

29
INCOME OF REGULAR NATURE IS

A) INCOME
B) GAIN
C) PROFIT
D) REVENUE

30
RETURN ON SHARES IS --

A. INTEREST
B. DIVIDEND
C. PROFIT
D. INCOME

31.
PURCHASE BOOK RECORDS -

A) ALL CASH PURCHASES

B) ALL CREDIT PURCHASES
C) ALL CREDIT PURCHASES OF GOODS

32.
ACCRUAL CONCEPT IS BASED
ON

A) GOING CONCERN CONCEPT

B) COST CONCEPT
C) MATCHING CONCEPT

33.
THE INTEREST RATE POLICY IS A
COMPONENT OF.
A) FISCAL POLICY
B) MONETARY POLICY
C) TRADE POLICY

34.
DOCUMENT THAT LAYS DOWN
CONSTITUTION OF CO.

A) ARTICLES OF ASSOCIATION
B) MEMORANDUM OF ASSOCIATION
C) PROSPECTUS

35.
SMALL PART OF CAPITAL IS-

A) DIVIDEND
B) PROFIT
C) INTEREST
D) SHARE

36.
EFFECT OF IOD ON ACCOUNTING EQ.

A)+ AND FROM CASH

B) + AND FROM CAPITAL
C)+ AND FROM EXPENSES

37.
WHICH OF THESE SHOWS A DEBIT
BALANCE ?

A) CAPITAL ACCOUNT
B) SALES ACCOUNT
C) FURNITURE ACCOUNT

38.
THE DIFFERENCE IN TRIAL BALANCE
IS TRANSFERRED TO-A) CAPITAL A/C
B) DIFFERENCE A/C
C) PR & LOSS A/C
D) SUSPENSE A/C

39.
GOODS GIVEN AWAY AS CHARITY
WOULD BE CREDITED TO..
A) SALES ACCOUNT
B) CHARITY ACCOUNT
C) PURCHASES ACCOUNT

40.
AS PER DUAL ASPECT CONCEPT

A) ASSETS = LIABILITY
B) ASSETS = CAPITAL LIABILITIES
C) ASSETS = LIABILITIES + CAPITAL

41.
THE PAYMENT OF PROMISSORY
NOTE IS MADE BY ITS --

A) MAKER
B) PAYEE
C) DRAWER

42.
LONG TERM LIABILITIES ARE PAYABLE

A) WITHIN 6 MONTHS
B) BETWEEN 2-3 YEARS
C) BETWEEN 5 AND 10 YEARS

43.
A NEW PARTNER BRINGS HIS SHARE
OF GOODWILL IN CASH,THE AMOUNT IS
DEBITED TO
A) NEW PARTNERS CAPITAL A/C
B) PREMIUM FOR GOODWILL A/C
C) CASH A/C

44.
GROSS PROFIT IS THE DIFFERENCE
BETWEEN

A)NET SALES AND COST OF GOODS

SOLD
B)NET SALES AND COST OF
PRODUCTION
C)NET SALES AND GROSS SALES

45.
RECORDING OF CAPITAL
CONTRIBUTED BY THE OWNER AS
LIABILITY SHOWS

A)GOING CONCERN
B)SEPERATE ENTITY
C)CONSISTENCY

46.
ONLY THE SIGNIFICANT EVENTS WHICH
AFFECT THE BUSINESS MUST BE
RECORDED AS PER
A)SEPARATE ENTITY
B)ACCRUAL
C)MATERIALITY
D)GOING CONCERN

47.
P & L A/C IS PREPARED FOR A PERIOD OF
ONE YEAR BY FOLLOWING

A)CONSISTENCY CONCEPT
B)TIME PERIOD
C)COST CONCEPT

48.
EXAMPLE OF PERSONAL ACCOUNT

A)RENT
B)CASH
C)CREDITOR

49.
AT THE TIME OF ADMISSION OF
PARTNER ACCUMULATED
PROFITS ARE TRANSFERRED TO

A) REVALUATION A/C
B) PARTNERS CAPITAL A/C(DR.)

C) PARTNERS CAPITAL A/C(CR.)

50.
PREPAID INSURANCE IS SHOWN AS

A)CURRENT LIABILITY
B)CURRENT ASSET
C)INCOME

51.
CLOSING STOCK IS GENERALLY
VALUED AT
A. COST PRICE
B. MARKET PRICE
C. CP OR MP WHICHEVER IS HIGHER
D. CP OR MP WHICH EVER IS LOWER

52.
TRADE DISCOUNT ALLOWED AT THE
TIME OF SALE OF GOODS IS

A)RECORDED IN SALES BOOK

B)RECORDED IN JOURNAL
C)NOT RECORDED IN BOOKS OF ACCOUNTS

53.
WHAT IS THE CURRENT BANK RATE?

A) 4%
B). 5%
C) 6%

54.
IDENTIFY THE PERSONALITY
A. NAINA LAL KIDWAI
B. MEERA NAIR
C. KIRAN MAZUMDAR

55.
RECOGNIZE THE PERSONALITY

A.
B.
C.
D.

SUNIL MITTAL
LAKSHMI MITTAL
AZIM PREMJI
RATAN TATA

56.
NAME THE ACCOUNT OPENED FOR
DISPOSING ASSETS OF THE FIRM

A. REVALUATION A/C
B. REALISATION A/C
C. PARTNERS CAPITAL A/C

57.
THE BUSINESS ACRONYM IPO STANDS FOR

A. INDIAN PUBLIC ORGANISATION

B. INDIAN POST OFFICE
C. INITIAL PUBLIC OFFER

58
RECOGNIZE THE LOGO.

A. ADLABS
B. DLF
C. SHOPPERS STOP

59.
RECOGNIZE THE LOGO

A.
B.
C.
D.

MERCEDES BENZ
ZEN
ESTEEM
ALTO

60.
DAAG ACHCHE HAINIS THE PUNCH LINE OF
WHICH COMPANY

A. TIDE
B. SURF EXCEL
C. ARIEL

61.
NEXT IS WHAT IS THE PUNCH LINE OF
WHICH COMPANY

A)L.G.
B)WHIRLPOOL
C)SAMSUNG

62.
IDENTIFY THE PERSONALITY

A. KAMAL NATH
B. ANAND SHARMA
C. AZIM PREM JI

63.
RECOGONIZE THE LOGO

A)BHARAT PETROLEUM
B)BHARAT SANCHAR NIGAM LIMITED
C)BHARAT GAS

64.
UNION BUDGET WAS ANNOUNCED ON

A.
B.
C.
D.

4 JULY
5 JULY
7 JULY
6 JULY

65
OUR FINANCE MINISTER IS

A)P. CHIDAMBARAM

B)PRANAB MUKHERJEE
C)MANMOHAN SINGH