Question : On dissolution of a firm, debtors Rs. 34,000 were shown in the Balance Sheet. Out of this, Rs. 4000 became bad. One debtor became insolvent. 70% was recovered from him out of Rs.10,000 Full amount was recovered from the balance debtors. On account of this item, the loss in the realisation account will be :
Option 1: Rs 51,000
Option 2: Rs 15,000
Option 3: Rs 35,000
Option 4: Rs 7,000
Correct Answer: Rs 7,000
Solution : Answer = Rs 7,000
Realisation a/c | |||
To Sundry assets | 34,000 | Bank(7,000+20,000) | 27,000 |
Debtors | loss | 7,000 | |
34,000 | 34,000 |
Hence, the correct option is 4.
Question : Comprehension:
In the following passage, some of the words have been deleted.
Read the passage carefully and select the correct answer for the given blank out of the four alternatives.
Social media platforms and many people on them have their own (1)_____and they are often trying to sell you things. So, be (2)_______of how much time and energy you give to sellers and users, and think about (3)_____they want from you when engaging. To gauge which uses are positive and (4)_____and which are detrimental, ask yourself simply: When does using social media make me feel good or bad, and why? Do I (5)_____use it all of the time?
Question:
Select the most appropriate option to fill in the blank number (1).
Option 1: agendas
Option 2: steam
Option 3: excuses
Option 4: considerations
Correct Answer: agendas
Solution : The correct choice is the first option.
Explanation: The word agendas in this context emphasises that there are underlying intentions or purposes behind the content and interactions on social media, and individuals should be aware of these motives when engaging with the platform and its users.
Therefore, the correct word to fill in the blank (1) is agendas.
Question : Select the most appropriate meaning of the given idiom.
A bad egg
Option 1: A bad person
Option 2: A very small insignificant amount
Option 3: To be frustrated
Option 4: To calm down
Correct Answer: A bad person
Solution : The first option is the correct choice.
The idiom a bad egg is used to describe an individual who is dishonest, untrustworthy, or morally corrupt. The term bad egg is a metaphorical expression comparing a person to a rotten or spoiled egg, suggesting moral or character flaws.
Therefore, the correct answer is a bad person.
Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
Unemployment arises from a variety of_____ (1). One which is always recurring and the effects of which we have had a recent example is the disorganisation of the industry resulting from a long war, this is a serious______ (2) admitting of no easy ________(3) at the best of times. Again there is unemployment which followed a marked diminution in the______ (4) of any raw product, such as cotton; fewer hands are required in the mills and the factories. We may call this the cause of bad harvests. Similar, but more serious is the effect of changes in industry due to the invention of machinery which does more work and requires________ (5) hands. Yet another cause is strike or lockout and this is more to be deplored because such a stoppage is due to a very trivial matter, perhaps the men are working half an hour longer than what their Union permits.
Select the most appropriate option to fill in the blank number 5.
Option 1: fewer
Option 2: more
Option 3: many
Option 4: a lot of
Correct Answer: fewer
Solution : The correct choice is the first option.
In the context of the sentence, the phrase "machinery does more work and requires" indicates a reduction in the number of hands needed for the work due to the efficiency of machinery. The correct term to use is fewer, as it is the comparative form of "few", and it is used when referring to a smaller number of countable items.
Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
Ambition is a vital ingredient for success. Without ambition to push us, we will not be (1)_____of great achievements. We all need that special something (2)_____ourselves to give us the willpower to reach a higher goal (3)_____we imagine ourselves capable (4)_____Yet, ambition, (5)_____money and fire, is a good servant, but a bad master.
Select the most appropriate option to fill in the blank number 1.
Option 1: able
Option 2: capable
Option 3: durable
Option 4: curable
Correct Answer: capable
Solution : The correct choice is the second option.
The word capable fits well in the context, as it is followed by the preposition of and conveys that ambition is essential for achieving great things. Able is a similar word but may not be the best fit here, and the other options do not convey the intended meaning.
Question : Select the option that expresses the given sentence in reported speech.
The captain announced, "The flight will be delayed due to bad weather."
Option 1: The captain announced that the flight will be delayed due to bad weather.
Option 2: The captain announced that the fight was delayed due to bad weather.
Option 3: The captain announced that the flight would be delayed due to bad weather.
Option 4: The captain announced that the flight would be delay due to bad weather.
Correct Answer: The captain announced that the flight would be delayed due to bad weather.
Solution : The correct choice is the third option.
The steps of conversion are as follows:
- The reporting verb "announced" remains the same because the sentence is in the assertive form.
- "Will" in the direct speech becomes "would" in the reported speech.
- The connector "that" is used to join the reported clause and the reporting clause.
- Additionally, the rest of the sentence remains unchanged.
Therefore, the correct answer will be: "The captain announced that the flight would be delayed due to bad weather."
Question : Comprehension:
Read the following passage and answer the questions.
All foodstuffs change. Green fruits become ripe and eggs go bad or rotten. It is the enzymes naturally present in each food which bring about the complex chemical changes that lead first to ripening and then to rotting.
How does one control the activity of enzymes, bacteria, yeasts and moulds in food? All of them require air, moisture and a certain temperature, usually somewhere near the body temperature, to be active. Depriving them of one or more of these will suppress them. All microorganisms can be killed by heat sterilisation. This simply means heating the food to high enough temperatures by boiling, deep or shallow frying, roasting, baking and, for milk particularly, pasteurisation. After such sterilisation, if the food is sealed in airtight containers, it can be kept for a long time. A certain water content in food is necessary for microorganisms to be active. Drying in the sun is a simple way of bringing down the moisture level so low that the enzymes and microorganisms cannot flourish.
Some chemicals can suppress undesirable activity. The addition of salt, vinegar, spices and oil or sugar syrup are other ways of preventing foods from going bad. If heating kills, freezing inactivates the enzymes and microorganisms. This is what happens in a refrigerator, in which fruits, vegetables and milk can be kept for fairly long periods. For meat and fish, even colder temperatures, below freezing point, are necessary for preservation. All foods which are kept cold in this way, once taken out and returned to room temperature, are again subject to spoilage and change.
Question:
Which of these statements is NOT true?
Option 1: Drying in the sun reduces moisture content.
Option 2: Meat and fish should be frozen to preserve them for long.
Option 3: The activity of enzymes, moulds and bacteria cannot be controlled.
Option 4: All food stuffs are subject to change.
Correct Answer: The activity of enzymes, moulds and bacteria cannot be controlled.
Solution : The third option is the correct choice.
The passage in the second paragraph mentions that all of them require air, moisture, and a certain temperature, usually somewhere near the body temperature, to be active. Depriving them of one or more of these will suppress them, which makes the third statement, false.
Question : In the Balance Sheet, Total Debtors appear at Rs.5, 00,000 and Provision for Doubtful Debts appears at Rs. 1,50,00. How much amount will be realised from Debtors if bad debts amount to Rs. 1,00,000 and remaining debtors are realised at a discount of 5%?
Option 1: Rs 3,80,000
Option 2: Rs 3,65,000
Option 3: Rs 3,65,750
Option 4: Rs 3,95,000
Correct Answer: Rs 3,80,000
Solution : Answer = Rs 3,80,000.
Debtors | 5,00,000 |
(-)Bad debts | (1,00,000) |
4,00,000 | |
(-)5% discount | 20,000 |
3,80,000 |
Hence, the correct option is 1.
Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
Friendship is one of the most significant aspects (1)_____human life. It is a relationship based on mutual trust, respect and support. True friendship is not just about spending time (2)_____, but also about sharing each other's joys, sorrows and dreams. Good friends are those who stand by us in both good times and bad times, providing emotional and moral support. Having good friends can have a positive impact on one's mental health and well-being. Friends can be a source of happiness, laughter and comfort. They can also provide different perspectives and ideas that can help us grow as (3)_____ Moreover, friends can serve as a support system during challenging times, offering words of encouragement and helping us navigate through difficult situations. (4)_____building and maintaining friendships requires effort, patience and understanding. It is important to be there for each other, listen to one another and respect each other's boundaries. It is important to remember that friendships can evolve and change over time, and it is okay to let go of (5)_____friendships.
Select the most appropriate option to fill in the blank number 4.
Option 1: Similarly
Option 2: And
Option 3: Because
Option 4: However
Correct Answer: However
Solution : The correct choice is the fourth option.
However is an adverb that can be used at the beginning of a sentence, followed by a comma, to introduce a contrasting statement.
Question : Direction: In the following question, a statement is given followed by two conclusions / Assumptions. You have to consider the statement to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follow from the given statement.
Statement
A friend in need is a friend indeed.
Conclusion
I. All are friends in good times.
II. Enemies in bad times are not friends.
Option 1: Neither Conclusion I nor II follows.
Option 2: Only Conclusion I follows.
Option 3: Only Conclusion II follows.
Option 4: Both Conclusions I and II follow.
Correct Answer: Neither Conclusion I nor II follows.
Solution : Given:
Statement
A friend in need is a friend indeed.
Now, let's consider the conclusions:
I. All are friends in good times.
This conclusion does not necessarily follow from the given statement. The statement "A friend in need is a friend indeed" emphasizes the importance of friends who provide support in times of need. It does not imply that all people are friends in good times.
II. Enemies in bad times are not friends.
The statement suggests that true friends are those who stand by you in times of need. However, it doesn't explicitly mention "enemies". People's relationships can change over time, and someone who may not provide support during bad times could potentially become a friend later on. Thus, Conclusion II is not true.
In summary, neither Conclusion I nor Conclusion II is true based on the given statement.
Hence, the first option is correct.