Question : Which of the following is not a component of the current account in the balance of payments?

Option 1: Goods and services

Option 2: Income from abroad

Option 3: Capital flows

Option 4: Financial account

Question : In the following passage, some blanks are given, and against each blank four alternative words are suggested. Choose the correct alternative to complete the passage in a meaningful way.

We know that ________________ (1) untreated waste from the industries and sewage which goes into the rivers will pollute them. But still the  industries and the local bodies do it anyway. We know our refutable thirst for coal or minerals like gold is ________________ (2) entire hills, contributing to the loss of biodiversity and affecting the people living working in this area and living there. Governments and corporations mine them anyway. There’s a word for such sustained, ________________ (3) actions that we perform despite knowing fully well their massive and widespread ecological and environmental fallouts: ecocide. It is, literally, ‘the ________________ (4) of the environment’.
Ecocide is the temr used for the actions that result in the intentional, conscious destruction of the natural environment with consequences for human, animal and plant life. That’s the ________________ (5) in which biologist Arthur Galston used the term for the first time in 1970, at the Conference on War and Responsibility in Washington, D.C. He pointed out the US’s use of Agent Orange – a herbicide used to ________________ (6) forest during the Vietnam War – an action of ecocide. Galston was the first to associate the willful destruction of nature with genocide, which is ________________ (7) as an international crime.

Q.Choose the correct word to be used in blank 5

Option 1: Ambiguous
 

Option 2:  Context
 

Option 3: Sanity
 

Option 4: Conjugal

Question : Statement 1: Macroeconomics focuses on studying the aggregate level of economic activity, such as GDP and inflation.

Statement 2: Microeconomics analyzes the behavior of individual consumers and producers in the market.

Option 1: Statement 1 is true, and statement 2 is false.

Option 2: Statement 1 is false, and statement 2 is true.

Option 3: Both statements 1 and 2 are true.

Option 4: Both statements 1 and 2 are false.

Question : The competitive environment of business includes factors that:
 

Option 1: Are specific to the organization's internal operations

Option 2: Determine the long-term strategic direction of the organization

Option 3: Are beyond the control of the organization

Option 4: Directly influence the organization's competitiveness

Question :  Money can be defined as: 

Option 1: anything that is generally accepted as a medium of exchange 

Option 2: a government-issued document used for payment 

Option 3: a commodity used for trade 

Option 4: a currency that is backed by gold

Question : There are certain words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.

If you’re looking to whiten teeth 1. ______________________, you’ll want to understand why teeth become discoloured. There are intrinsic and extrinsic factors that affect the 2. ______________________ of teeth, according to the American Dental Association.
Intrinsic factors include your age and health conditions, which 3. ______________________ the colour of teeth. In this scenario, a dentist would need to 4. ______________________ teeth whitening with a bleaching agent to change the colour. Yet if there are extrinsic factors or stains on the surface, 5. ______________________ changes can improve the appearance of your teeth.

Q. Choose the correct word to be used in blank 1.

Option 1: deviating
 

Option 2: languishing
 

Option 3: naturally
 

Option 4: waffling

Question : Statement 1: Money market deals with short-term debt instruments.

Statement 2: Money market deals with long-term bonds and shares.

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, and statement 2 is true.

Option 4: Statement 1 is false, and statement 2 is false.

Question :

Incomes/expenses that arise from transactions that are clearly different from the ordinary business activities and therefore are not expected to incur frequently are called:- 

Option 1:

Prior period items

Option 2:

Extraordinary items

Option 3:

Abnormal items

Option 4:

Non-ordinary items

Question : Workmen Compensation Reserve stood at Rs.1,50,000 in the Balance Sheet and Liability in respect of it was ascertained at Rs.2,00,000. The realization account will be credited by

Option 1: Rs 2,00,000

Option 2: Rs 1,50,000

Option 3: Rs 50,000

Option 4: None of the above

Question :  Read the passage given below and answer the questions that follow by choosing the correct/most appropriate options:

1. Socialization is the process through which the individual learns to become an accepted member of the society. At birth the neonate is neither social nor unsocial. Because of this helplessness at birth he has to depend on other social beings for his care and welfare. As he grows in a social environment and in a social context, he develops various type of behaviours which are called social and gradually grows to become a social animal.
2. The interaction of the baby with his environment and particularly with his mother helps him in the above process. Thus learning to adapt to social norms, values and standard is called socialization. Anyone who does not accept and follow the dos and don'ts, rules and regulations, values and norms of the society is not called a socialized individual.
3. The socialization of the child takes place through action and reaction between the child and other individual members of the society. The child begins interaction first with his mother, then with his father and subsequently with other members of the family.
4. The process of socialization is quite complex. It involves multiplicity of processes as it involves multiplicity of social norms. It involves the various roles which the individual has to play in order to fulfil the expectation of the society. Not only the parental influence and the influence of other adults but also the impact of neighborhood is of tremendous value in the socialization of the child.
5. Through the process of socialization various values, norms and mores of the society become part of the child's personality and personal values. When he accepts these willingly rather than as a matter of compulsion, he is said to be socialized.

Question:
Which one of the following words is similar in meaning to the word , 'complex" used in para 4 of the passage ?

Option 1: challenging
 

Option 2: formidable
 

Option 3: puzzling
 

Option 4: complicated