Common University Entrance Test (UG)
Question : Assertion: The National Manufacturing Competitiveness Program aims to enhance the competitiveness of Indian manufacturers.
Reason: It provides financial support to entrepreneurs for starting new ventures.
Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: The assertion is true, but the reason is false.
Solution : The correct answer is (c) The assertion is true, but the reason is false.
The National Manufacturing Competitiveness Program (NMCP) does aim to enhance the competitiveness of Indian manufacturers. However, the reason provided, stating that it provides financial support to entrepreneurs for starting new ventures, is not accurate. The NMCP focuses on various initiatives such as technology upgradation, quality improvement, and promoting lean manufacturing practices to enhance the competitiveness of existing manufacturing units, rather than specifically providing financial support for new ventures.
Question : Half of the Trade Creditors valued Rs 40,000 accepted Plant and Machinery at 10% less than the book value and Cash of Rs. 5,000 in full settlement of their claims. The remaining Trade Creditors were paid at a discount of 10%. The entry will be
Option 1: Realization account debited and Bank account credited by Rs 5,000
Option 2: Realization account debited and Bank account credited by Rs 36,000
Option 3: Realization account debited and Bank account credited by Rs 41,000
Option 4: Realization account debited and Bank account credited by Rs 80,000
Correct Answer: Realization account debited and Bank account credited by Rs 41,000
Solution : Answer = Realization account debited and Bank account credited by Rs 41,000 Total value of creditors= 80,000(40,000×2) Paid cash= 5,000 Paid to creditor= 40,000- 4,000(40,000×10%)= 36,000. Total payment = 41,000. Realisation A/C Dr 41,000 To Bank A/C 41,000. Hence, the correct option is 3.
Question : Which of the following statement is correct?
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Correct Answer: Statement 2 is true and statement 1 is false.
Solution : Post and telegram was the most popular means of communication. Postal services remained inadequate. Hence option D is correct .
Question : Statement 1: The Consumer Protection Act provides consumers with the right to seek redressal.
Statement 2: It empowers consumers to approach the appropriate consumer forum to resolve their complaints.
Option 1: Both statement 1 and statement 2 are 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: Both statement 1 and statement 2 are false.
Correct Answer: Both statement 1 and statement 2 are true.
Solution : The correct answer is (a) Both statement 1 and statement 2 are true.
Statement 1 is true. The Consumer Protection Act provides consumers with the right to seek redressal, which means consumers have the legal right to address and seek remedies for any grievances or complaints they have regarding products or services they have purchased.
Statement 2 is also true. The act empowers consumers to approach the appropriate consumer forum, which is established under the act, to resolve their complaints. These forums provide consumers with a formal platform to seek redress and resolve disputes with businesses.
Question :
The amount received on the sale of furniture will be shown on:
Option 1: Credit side of Income and Expenditure
Option 2: Debit side of Income and Expenditure Account
Option 3: Debit side of Receipts and Payments Account
Option 4: Credit side of Receipts and Payments Account
Correct Answer: Debit side of Receipts and Payments Account
Solution : Receipts and Payments Account records all the gains and incomes on the credit side of the not-for-profit organizations. Hence, the correct option is 3.
Question : Assertion: Private sector participation in healthcare can enhance the availability and quality of medical services.
Reason: Private sector investments promote competition and innovation in the healthcare industry.
Option 1: Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are correct, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is correct, but the reason is incorrect.
Option 4: Assertion is incorrect, but the reason is correct.
Correct Answer: Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason is the correct explanation of the assertion.
The assertion states that private sector participation in healthcare can enhance the availability and quality of medical services, which is correct. When the private sector is involved in healthcare, it can bring additional resources, expertise, and investments, leading to increased availability of medical services. Private healthcare providers often establish clinics, hospitals, diagnostic centers, and specialized healthcare facilities that contribute to expanding healthcare infrastructure and improving access to medical services. They can also attract skilled healthcare professionals and implement efficient management systems, which can positively impact the quality of care provided.
The reason provided states that private sector investments promote competition and innovation in the healthcare industry, which is the correct explanation of the assertion. When multiple private healthcare providers operate in a competitive market, they strive to differentiate themselves by improving service quality, offering innovative treatments and technologies, and adopting efficient practices. This competition can drive improvements in the healthcare sector, leading to advancements in medical technology, better patient experiences, and overall enhancements in the quality of care provided.
Therefore, both the assertion and reason are correct, and the reason serves as the correct explanation for why private sector participation in healthcare can enhance the availability and quality of medical services.
Correct Answer: Both are true
Solution : There is no indirect tax on khadi items. Direct taxes do not reach all the sections of the economy. All those people who do not have a minimum income or excluded from tax slabs. Hence option A is correct.
Question : Statement 1: A matrix organizational structure enhances cross-functional collaboration.
Statement 2: It involves a tall hierarchy with multiple layers of management.
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 Statement 1 and Statement 2 are true.
Option 4: Both Statement 1 and Statement 2 are false.
Correct Answer: Statement 1 is true, and Statement 2 is false.
Solution : The correct answer is (a) Statement 1 is true, and Statement 2 is false.
A matrix organizational structure is a hybrid structure that combines two or more other types of organizational structures, such as functional and project-based structures. In a matrix structure, employees may report to two or more managers, one from their functional department and one from the project team on which they are working.
This structure can enhance cross-functional collaboration by bringing together employees from different departments to work on common projects. This can lead to more innovative and creative solutions, as employees from different backgrounds can share their ideas and perspectives.
A matrix organizational structure does not typically involve a tall hierarchy with multiple layers of management. In fact, it can help to streamline decision-making and reduce bureaucracy by giving employees more autonomy and responsibility.
Overall, a matrix organizational structure can be a very effective way to enhance cross-functional collaboration and improve decision-making.
Question : In the following question select from among the four alternatives, the word nearest in meaning to the word given in capitals.
GARRULOUS
Option 1: Friendly
Option 2: Talkative
Option 3: Important
Option 4: Grumpy
Correct Answer: Talkative
Solution : The correct answer is option 2
Explanation:
- 'Talkative' is the most relevant synonym for the provided word 'Garrulous.' - Garrulous: excessive chatting, usually regarding trivial matters - Talkative: someone who enjoys talking a lot.-
Consider the following definitions:
Question : What is a characteristic of anti-globalisation protests?
Option 1: They support the expansion of multinational corporations
Option 2: They focus on promoting free trade agreements
Option 3: They often address issues like environmental degradation and workers' rights
Option 4: They advocate for increased globalization
Correct Answer: They often address issues like environmental degradation and workers' rights
Solution : Anti-globalisation protests often address issues like environmental degradation, workers' rights, and the negative impacts of globalization on local communities.
The Question containing Inaapropriate or Abusive Words
Question lacks the basic details making it difficult to answer
Topic Tagged to the Question are not relevant to Question
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