Common University Entrance Test (UG)
Question : The Proprietory Ratio indicates the relationship between proprietor’s funds and _________.
Option 1: Share Capital
Option 2: Total Assets
Option 3: Reserve
Option 4: Debentures
Correct Answer: Total Assets
Solution : The proprietary ratio illustrates how the funds of the proprietor (shareholders) compare to the total assets.
Hence, the correct answer is option 2.
Question : Which environment involves the study of the impact of natural resources and ecological factors on businesses?
Option 1: Technological environment
Option 2: Social environment
Option 3: Natural environment
Option 4: Economic environment
Correct Answer: Natural environment
Solution : The correct answer is (C) Natural environment
The natural environment involves the study of the impact of natural resources and ecological factors on businesses. This includes considerations related to environmental sustainability, climate change, the availability of natural resources, and the ecological impact of business operations. Understanding and addressing these factors is crucial for businesses as environmental concerns and regulations become more significant.
Question : Assertion A :- Analysis of financial statements is based on the information given in the financial statements. Hence, this analysis suffers from all such limitations from which the financial statements suffer.
Reason R:- The subjectivity is inherent in personal judgment, the financial statements are, therefore, not free from bias.
In the context of the above two statements, which of the following is correct?
Option 1: Both Assertion A and reason R are correct but the reason R is not the correct explanation of Assertion A
Option 2: Both Assertion A and reason R are correct but the reason R is the correct explanation of Assertion A
Option 3: Both Assertion A is correct but the reason R is not correct
Option 4: Both Assertion A is and reason R are not correct
Correct Answer: Both Assertion A and reason R are correct but the reason R is the correct explanation of Assertion A
Solution : Answer = Both Assertion A and reason R are correct but reason R is the correct explanation of Assertion A
The account is frequently required to select from a variety of options, such as the depreciation technique or the inventory value method, among others. The financial statement is consequently biased because personal judgment is inherently subjective. Hence, the correct option is 2.
Question : Assertion (A): The debt-equity ratio expresses the relationship between short-term debt and equity share capital of an enterprise. Reason (R): It does not measure of the relative contribution of the creditors and shareholders.
Option 1: Both A and R are true and R is the correct explanation of A.
Option 2: Both A and R are true, but R is not the correct explanation of A.
Option 3: A is true, but R is false.
Option 4: A is false, but R is true.
Correct Answer: A is true, but R is false.
Solution : The debt-equity ratio serves as a gauge for how equally creditors and owners or shareholders contributed to the capital used by the company. The debt-equity ratio is the simple ratio of all long-term debt and equity capital in the company. The debt-equity ratio describes the relationship between a company's short-term debt and equity share capital. Hence, the correct option is 3.
Question : Assertion: Fayol's 14 principles of management are based on hypothetical research.
Reason: They are derived from the practical experiences of successful managers.
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: The assertion is incorrect, the reason is correct.
Solution : The correct answer is (d) The assertion is incorrect, the reason is correct.
The assertion is incorrect. Fayol's 14 principles of management are not based on hypothetical research but are derived from his observations and experiences as a successful manager and are widely accepted in management theory.
The reason is correct and explains the assertion. Fayol formulated these principles based on practical experiences and observations during his managerial career, making them valuable guidelines for effective management practices. Thus, the reason is a correct explanation for the assertion.
Question :
Match List-I with List-II on the basis of meaning and the term
List-I
(Meaning)
List-II
(Term)
(A)
Right to command
(I)
Answerability
(B)
Obligation to perform task 4
(II)
Delegation
(C)
Accountability
(III)
Authority
(D)
Basis of Management Hierarchy
(IV)
Responsibility
Option 1: (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
Option 2:
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
Option 3:
(A) - (I), (B) - (II), (C) - (IV), (D) - (III)
Option 4:
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
Correct Answer:
Solution : Authority is the right to perform or command. It is one's responsibility to finish the assigned assignment. A subordinate's responsibility is to carry out the specified task correctly. Accountability is the final step of the delegation process and arises from responsibility. The link between a superior and a subordinate is established by delegation. It also has a direct bearing on the scope and distribution of authority. Authority establishes who is required to report to whom, which explains why. (A)-(III), (B)-(IV), (C)-(I), (D)-(II)
Question : How does media surveillance impact public trust?
Option 1: Increases trust in government institutions
Option 2: Decreases public confidence in media
Option 3: Enhances credibility of news sources
Option 4: Reduces trust in privacy protections
Correct Answer: Decreases public confidence in media
Solution : Media surveillance can decrease public confidence in media, as excessive intrusion and sensationalism can lead to skepticism about the reliability and motives of news outlets.
Question : What is a key focus of studying class dynamics in social history?
Option 1: Understanding religious influences
Option 2: Analyzing the distribution of wealth
Option 3: Examining military strategies
Option 4: Investigating technological advancements
Correct Answer: Analyzing the distribution of wealth
Solution : A key focus of studying class dynamics in social history is analyzing the distribution of wealth and resources among different social classes.
Question : Rearrange the following paragraph to answer the following question
(A) Therefore, it is an encouraging symbol, but we must watch against our rising pace of populace expansion.
(B) Deficiency mitigation is one of the most momentous programmes.
(C) Even though this modification is sluggish and steady, it appears to be unswerving.
(D) The degree of success of this programme can be gauged when we examine the share of citizens underneath deficiency line
Which sentence should come FOURTH in the paragraph?
Option 1: A
Option 2: B
Option 3: C
Option 4: D
Correct Answer: D
Solution : The correct arrangement of sentences is: BCAD
B- This is the opening line of the paragraph which establishes the idea of deficiency mitigation
C- C and B form a mandatory pair. Here ‘this modification refers to deficiency mitigation.
A- This is the concluding sentence of the paragraph.
D-This sentence further elaborates about the triumph of this programme.
Question : In the Indian Constitution, the concept of secularism implies:
Option 1: The complete separation of religion and state
Option 2: The promotion of a single state religion
Option 3: The equal treatment of all religions by the state
Option 4: The prohibition of religious practices in public
Correct Answer: The equal treatment of all religions by the state
Solution : In the Indian Constitution, the concept of secularism implies the equal treatment of all religions by the state. It ensures that the state does not favor or discriminate against any religion and upholds the religious freedom of all citizens.
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