Common University Entrance Test (UG)
Question : Which of the following is not a part of Current Assets?
Option 1: Current Investments
Option 2: Inventories
Option 3: Trade Receivables
Option 4: Trade payable
Correct Answer: Trade payable
Solution : Answer = Trade payable
Trade payable is not a part of current assets. Trade payable represents an obligation to pay suppliers for goods or services received. Hence, it's a liability, not an asset. Current assets typically include items like current investments, inventories, and trade receivables. Hence, the correct option is 4.
Question : Case Study 69: Citywide Services
Accountability refers to:
Option 1: A lack of responsibility
Option 2: Being answerable for outcomes and results
Option 3: Enhanced centralization
Option 4: Employee empowerment
Correct Answer: Being answerable for outcomes and results
Solution : The correct answer is (b) Being answerable for outcomes and results
Accountability involves being responsible and answerable for the outcomes, results, or consequences of actions and decisions. It implies that individuals or entities are obligated to explain and justify their actions, decisions, and performance to relevant stakeholders based on established standards or expectations. It does not refer to a lack of responsibility, enhanced centralization, or employee empowerment, but rather being answerable for one's actions and outcomes.
Question : Statement 1: Human capital refers to the stock of knowledge, skills, and abilities possessed by individuals.
Statement 2: Human capital is a tangible asset that can be bought and sold in the market.
Option 1: Statement 1 is true, and statement 2 is true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 1 is false, but statement 2 is true.
Option 4: Statement 1 is false, and statement 2 is false.
Correct Answer: Statement 1 is true, and statement 2 is true.
Solution : The correct answer is (a) Statement 1 is true, and statement 2 is true.
Statement 1 is true. Human capital refers to the stock of knowledge, skills, and abilities possessed by individuals. It encompasses the education, training, and experience that individuals acquire, which can be utilized to contribute to economic productivity and overall well-being.
Statement 2 is also true. While human capital is not a tangible asset that can be bought and sold in the same way as physical assets, it can be valued and traded in the labor market. Individuals with valuable skills and expertise can offer their human capital in exchange for wages or salaries when they provide their services to employers or clients.
Therefore, both statement 1 and statement 2 are true.
Question : Following sentence has been given in Active/Passive Voice. Out of the four options suggested, select the one which best expresses the same sentence in Passive/Active Voice.
What did Brutus say in ‘Julius Caesar'?
Option 1: In Julius Caesar, what did Brutus say?
Option 2: Brutus said what in ‘Julius Caesar’?
Option 3: What Brutus said in ‘Julius Caesar’?
Option 4: What was said by Brutus in ‘Julius Caesar'?
Correct Answer: What was said by Brutus in ‘Julius Caesar'?
Solution : The correct answer is option 4.
What was said by Brutus in ‘Julius Caesar'?
Explanation:
The passive verb form is created in the simple past tense by adding "was,or were" before the verb's past participle form.
In order to make passive of simple past tense in interrogative, we need to follow this rule.
Active Voice
Passive Voice
(Auxiliary Verb- was/were)
Did+ subject+V1+ object+?
Was/were + Object+ V3+ by subject +?
Question : It keeps a continuous check on employees to minimise undesirable activities like theft, fraud, dishonesty, etc. An effective control system creates a disciplined environment. Which importance of controlling is highlighted here?
Option 1: Accomplishing organisational goals
Option 2: Ensures order and discipline
Option 3: Facilitates coordination in action
Option 4: Making efficient use of resources.
Correct Answer: Ensures order and discipline
Solution : An effective control system creates an atmosphere of order and discipline in the organisation. It keeps a continuous check on employees to minimise undesirable activities like theft, fraud, dishonesty, etc. Hence Option B is correct.
Question : Which of the following is a non-renewable resource?
Option 1: Solar energy
Option 2: Wind energy
Option 3: Coal
Option 4: Geothermal energy
Correct Answer: Coal
Solution : The correct answer is (C) Coal
Coal is a fossil fuel formed from the remains of plants that lived and died millions of years ago. It is considered a non-renewable resource because it takes millions of years to form, and its extraction and combustion deplete its availability. Once coal reserves are depleted, they cannot be replenished within a human lifetime.
Question : Direction: Read the passage carefully and answer the following questions. Already reeling under a deadly heatwave, a few places in Delhi are likely to see the mercury touch the 46-degree Celsius mark on Friday, the India Meteorological Department (IMD) said. The Safdarjung observatory - Delhi's base station - had recorded a maximum temperature of 43.5 degrees Celsius on Thursday, the highest in April in 12 years. The national capital recorded a maximum temperature of 43.7 degrees Celsius on April 18, 2010. The all-time high temperature for the month is 45.6 degrees Celsius, which was recorded on April 29, 1941 . "The temperature at the Safdarjung observatory is likely to go up by 0.5 degrees Celsius to 1 degree Celsius on Friday. It may even touch 46 degrees Celsius at some places," senior scientist RK Jenamani said. Haryana, Delhi, western Uttar Pradesh, and Madhya Pradesh are likely to log peak temperatures on Friday, he added. Rajasthan, Delhi, Punjab, and Haryana may witness light rain and thunderstorm between May 2 and May 4. The maximum temperature will be between 36 degrees and 39 degrees Celsius, Jenamani said. The IMD has issued an "orange" alert, warning people of a severe heatwave in many parts of Delhi on Friday and Saturday. The Met department uses four-color codes for weather warnings - "green" (no action needed), "yellow" (watch and stay updated), "orange" (be prepared), and "red" (take action). Amid the rising heat and growing power demand, the Delhi government on Thursday warned of a possible setback in providing uninterrupted electricity supply for critical services in the capital, including Metro trains and hospitals. Chief Minister Arvind Kejriwal on Friday said his government is somehow handling the power supply situation in Delhi and called for quick, concrete steps to tackle the electricity crisis facing the country.
The IMD said Delhi may also see a partly cloudy sky, light rain, and a dust storm with winds gusting up to 50 kilometers per hour on Friday and Sunday, which may provide temporary respite. The heatwave is expected to abate from Monday under the influence of a western disturbance, which is likely to affect northwest India from the night of May 1 , it said.
Question:
What was said by the senior scientist RK Jenamani in the passage?
Option 1: The government warned of a possible setback in providing uninterrupted electricity supply for critical services in the capital, including Metro trains and hospitals.
Option 2: He said that the government is somehow handling the power supply situation in Delhi and called for quick, concrete steps to tackle the electricity crisis facing the country.
Option 3: Temperature may even touch 46 degrees Celsius at some places.
Option 4: The Safdarjung observatory - Delhi's base station - had recorded a maximum temperature of 43.5 degrees Celsius on Thursday, the highest in April in 12 years.
Correct Answer: Temperature may even touch 46 degrees Celsius at some places.
Solution : The correct answer is Temperature may even touch 46 degrees Celsius at some places.
Explanation: - Refer to the line from the passage: - "'The temperature at the Safdarjung observatory is likely to go up by 0.5 degrees Celsius to 1 degree Celsius on Friday. It may even touch 46 degrees Celsius at some places," senior scientist RK Jenamani said.' It is clear from the preceding statement that "It" refers to the temperature, which, according to eminent scientist RK Jenamani, may even reach 46 degrees Celsius in some locations. - Option 1) is confirmed by the Delhi administration. Thus, it is incorrect. Arvind Kejriwal, the chief minister, explains Option 2. Thus, it is incorrect. Option 4 is simply a record from Delhi's base station, the Safdarjung observatory. Therefore, it is not coming from a seasoned scientist. Therefore, the appropriate response is (option 3), Temperature may even reach 46 degrees Celsius in some regions.
Question : Assertion: The principle of "Unity of Command" avoids conflicts and confusion in an organization.
Reason: It ensures that each employee reports to only one supervisor.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion that the principle of "Unity of Command" avoids conflicts and confusion in an organization is correct. Unity of Command is a management principle that suggests that an employee should have one and only one supervisor to report to, which can help in preventing conflicting instructions and reducing confusion regarding responsibilities and tasks.
The reason provided, stating that it ensures each employee reports to only one supervisor, is also correct. This principle indeed mandates a clear reporting structure where each employee has a single direct supervisor, helping in maintaining a clear line of authority and minimizing conflicting directions.
Question :
Read the following passage and answer the question that follows
The use of intoxicants is as old as civilization itself. In varying degrees, people in all parts of the world have been using intoxicants in one form or the other. In olden days, this use was confined to some happy or festive occasions only. But as time passed and life became more and more complex and busy, use of intoxicants went on increasing. With the progress of science, new varied types of intoxicating drinks and drugs were invented. Today, in addition to a very large number of existing drinks and organic intoxicants, several other new and strong intoxicants are readily available in the market.
Use of intoxicants and drugs is so common today that it has become a world-wide problem. Neither the poor developing countries, nor the rich affluent countries are free from this menace. The affluent societies have problems of broken homes, late night club life and absence of social controls. The poor countries, on the other hand, have different problems. The problems of food, clothing and shelter occupy their minds. Under the impact of these problems, the young boys and girls feel frustrated and broken. Most of them try to find consolation or relief in trying to escape from the harsh realities of the world by taking recourse to intoxicating drugs and drinks.
The situation is quite alarming. More and more young boys and girls are becoming addicts. A survey was recently conducted in some universities in India. The findings were staggering. Drug addiction is fast catching hold of young Indian boys and girls. It is mainly confined to big cities like Mumbai, Kolkata, Chennai and Delhi and the universities and colleges of the country. Hostels for boys and girls are the homes of these drug addicts.
In India, the malady of the use of drugs has come from the West. It has now assumed serious proportions. Most of the students start taking drugs as a matter of fashion or out of craze for thrills. But once they start, they cannot stop their use. The market is flooded with drugs that induce different types of intoxication. Most of these drugs are required to be taken to produce sedation or tranquility under strict medical observation and care. They are meant to provide proper treatment of certain diseases of the mind. But young boys and girls start taking them without medical advice.
What does the word 'alarming’ mean in the given context?
Option 1:
Intimidating
Option 2: Sudden
Option 3: Ominous
Option 4: Startling
Option 5: Staggering
Correct Answer: Ominous
Solution :
Although all the options come close to the mentioned word, yet in the passage, the problem has been identified as a rising one. Thus, “Ominous” is the correct answer.
Question : The ___________ system allows banks to settle their interbank transactions electronically.
Option 1: Real-time gross settlement (RTGS)
Option 2: Automated Teller Machine (ATM)
Option 3: Point of Sale (POS)
Option 4: National Electronic Funds Transfer (NEFT)
Correct Answer: Real-time gross settlement (RTGS)
Solution : The correct answer is (a) Real-time gross settlement (RTGS).
The RTGS system allows banks to settle their interbank transactions electronically in real-time and on a gross basis. In an RTGS system, transactions are processed and settled individually and immediately upon submission, without any netting or batching. This means that funds are transferred from the sender's bank to the recipient's bank on a transaction-by-transaction basis, with immediate availability and finality of funds.The RTGS system is commonly used for large-value and time-critical transactions, such as high-value fund transfers, large corporate payments, interbank settlements, and government transactions. It provides a secure, efficient, and reliable mechanism for banks to settle their payment obligations electronically, minimizing settlement risk and enabling faster and more accurate financial transactions.
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