Question : Directions: In the following question, four number pairs are given. In each pair, the number on the left side of (–) is related to the number on the right side of (–) with some Logic/Rule /Relation. Three pairs are similar based on the same Logic/Rule/Relation. Select the odd one out from the given alternatives. (NOTE: Operations should be performed on the whole numbers, without breaking down the numbers into their constituent digits. E.g.13 – operations on 13 such as adding /subtracting /multiplying etc. to 13 can be performed. Breaking down 13 into 1 and 3 and then performing mathematical operations on 1 and 3 is not allowed.)

Option 1: 225 – 5733

Option 2: 169 – 7912

Option 3: 361 – 9786

Option 4: 289 – 3194

Question : Which of the following statements is true?

Option 1: Cash Flow Statement shows inflows and outflows of Cash and Cash Equivalents.

Option 2: Cash Flow Statement gives information about sources and applications of Cash and Cash Equivalents for a specific period.

Option 3: It helps in planning investments and assessing the financial requirements of the enterprise.

Option 4: All of the above

Question : When did Linus Carl Pauling receive the Nobel Prize in Chemistry for his research into the nature of the chemical bond and its applications to the elucidation of the structure of complex substances'?

Option 1: 1954

Option 2: 1950

Option 3: 1956

Option 4: 1958

Question : Y Ltd. invited applications for issuing 500, 12% debentures of Rs.100 each at a discount of 5%. These debentures were redeemable after three years at par. Applications for 600 debentures were received. Pro-rata allotment was made to all the applicants assuming that the whole amount was payable with application.

Question:-  When application money is received, Bank Account will be debited by ________.

Option 1: Rs. 60,000

Option 2: Rs. 57,500
 

Option 3: Rs. 57,000

Option 4: Rs. 58,500

Question : A company invited applications for 50,000 Equity Shares of Rs. 10 each payable as follows:

On application Rs. 3; on allotment Rs. 3; on first and final call Rs. 4.

Applications were received for 1,10,000 shares. It was decided

(i) to refuse allotment to the applicants for 10,000 shares,

(ii) to allot 50% to X who has applied for 20,000 shares,

(iii) to allot in full to Y who has applied for 10,000 shares,

(iv) to allot balance of the available shares on pro-rata basis among the other applicants, and

(v) to utilise excess application money in part payment of allotment and final call.

Question:-  Amount received on allotment is:

Option 1: Rs. 60,000

Option 2: Rs. 40,000

Option 3: Rs. 30,000

Option 4: Rs. 15,000

Question : What is/are the applications of computerised accounting systems?

Option 1: To maintain Accounting Record of large organisations is Possible

Option 2: Separate Payroll Accounting is Possible

Option 3: Automation of All Financial Accounts

Option 4: All of the above