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 3.
Option 1: entities
Option 2: individuals
Option 3: groups
Option 4: beings
Correct Answer: individuals
Solution : The correct choice is the second option.
Individuals: It is considered separately rather than as part of a group. In the sentence, it is mentioned that it is about an individual's personality building.
Question : At the time of dissolution of a firm, Debtors were Rs. 34000 out of which Rs. 1000 became bad and the rest realised 60%. Which account will be debited and by how much amount?
Option 1: Realisation Account by Rs. 19800
Option 2: Profit and Loss Account by Rs 500
Option 3: Cash Account by Rs. 19800
Option 4: Debtors Account by Rs. 19800
Correct Answer: Cash Account by Rs. 19800
Solution : Answer = Cash Account by Rs. 19800
When assets realised
Debtors | 34,000 |
(-)Bad debt | (1,000) |
33,000 |
33,000×60%=19,800
Journal entry:
Bank/Cash a/c.......Dr 19,800
To Realisation a/c 19800
Hence, the correct option is 3.
Question : In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.
Jack said, "Oh! It's a bad weather. I can't swim."
Option 1: Jack exclaimed with sorrow that it was a bad weather and he can't swim.
Option 2: Jack exclaimed with sorrow that it was a bad weather and he was not to swim.
Option 3: Jack exclaimed with sorrow that it was a bad weather and he couldn't swim.
Option 4: Jack exclaims with sorrow that it was a bad weather and he couldn't swim.
Correct Answer: Jack exclaimed with sorrow that it was a bad weather and he couldn't swim.
Solution : The correct answer is option 3.
Jack exclaimed with sorrow that it was a bad weather and he couldn't swim.
Explanation
The sentence that is being used here is exclamatory.
It should be noted that the verb in reporting speech needs to match the nature of the report.
Additionally, observe how the sentence's tense has changed to reflect this. The use of "sorrow" in the indirect form is supported in this sentence by the words "Oh" and "bad weather."
Exclamation and wish verbs are added when reporting exclamations and wishes.
Direct Speech: Jack said, "Oh! It's a bad weather. I can't swim."
Indirect Speech: Jack exclaimed with sorrow that it was a bad weather and he couldn't swim.
Question : Select the most appropriate meaning of the given idiom.
Between a rock and a hard place
Option 1: Stuck between two very bad options
Option 2: Willing to do anything
Option 3: On the point of achievement
Option 4: Avoiding the main topic, not speaking directly about the issue
Correct Answer: Stuck between two very bad options
Solution : The first option is correct.
- The idiom between a rock and a hard place means being faced with two equally difficult or unpleasant options. It is often used to describe a situation where there are no good choices.
Therefore, the correct answer is stuck between two very bad options.
Question : When some companies, in order to cover up their bad financial position resort to ----------- i.e., showing a better position than the one which really exists. They change their balance sheet in such a way that the important facts and truth may be concealed.
Option 1: Book keeping
Option 2: Accounting
Option 3: Accountancy
Option 4: Window dressing
Correct Answer: Window dressing
Solution : Answer = Window dressing
Window dressing refers to the practice of manipulating financial statements to present a more favourable picture of a company's financial position and performance than is the case. This may involve selectively disclosing information, altering accounting methods, or engaging in transactions solely to improve the appearance of stakeholders or investors.
Hence, the correct option is 4.
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 5.
Option 1: as
Option 2: like
Option 3: such
Option 4: similarly
Correct Answer: like
Solution : The correct choice is the second option.
The sentence draws a comparison between ambition and two other things: money and fire. The word "like" is used to establish a comparison or similarity between items, making it a suitable choice in this context.
Question : Which law of economics states, "Bad money drives out good money"?
Option 1: Baxter's Law
Option 2: Ohm's Law
Option 3: Gresham's Law
Option 4: Gauss's Law
Correct Answer: Gresham's Law
Solution : The correct option is Gresham's Law.
Gresham's law is an economic principle that states that bad money drives out good money. It is a monetary principle that can be applied to the currency markets. Good money means any currency or coin whose legal tender value and the value of the commodity do not differ much. Bad money means any currency or coin whose legal tender value and the value of a commodity have a huge difference.
Question : Select the most appropriate meaning of the given idiom.
On the ball.
Option 1: To be alert.
Option 2: Doing a bad job.
Option 3: Doing an average job.
Option 4: To be lazy.
Correct Answer: To be alert.
Solution : The right option is the first option.
The idiom on the ball means being alert, attentive, competent, or well-prepared in a situation. It refers to someone who is quick to understand things, attentive to details, and capable of making good decisions promptly.
So, according to the given options, the most appropriate meaning of on the ball is to be alert.
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% were recovered from him out of 10,000. The full amount was recovered from the balance debtors. On account of this item, the loss in realisation account will be:
Option 1: 5,100
Option 2: 7,000
Option 3: 3,500
Option 4: 2,000
Correct Answer: 7,000
Solution : Answer = Rs. 7,000
Realisation a/c | |||
To S.Assets | 34,000 | Bank(20,000+7,000) | 27,000 |
Debtors | Loss | 7,000 | |
34,000 | 34,000 |
Hence, the correct option is 2.
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:
Boiling, frying, roasting and baking are methods of:
Option 1: sterilisation
Option 2: spoilage
Option 3: pasteurisation
Option 4: refrigeration
Correct Answer: sterilisation
Solution : The first option is the correct choice.
The passage in the second paragraph mentions various methods such as boiling, frying, roasting and baking are all methods of sterilisation.