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Common University Entrance Test (UG)

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Question : Read the passage and answer the following questions.
The famous dramatist, poet and author of all times has been an inspiration to kids who love to play with words; known as the greater English writer of the period between the 16th and 17 th centuries.
Comedy, tragedy, and history were the genres that interested him along with plays revolving around romance. His plays are also part of the educational curriculum of kids and serve their role to interpret cultural and political scenarios in the best light.
William Shakespeare was an English poet, playwright, and actor. He was born on 26 April 1564 in Stratford-upon-Avon. His father was a successful local businessman and his mother was the daughter of a landowner. Shakespeare is widely regarded as the greatest writer in the English language and the world's pre-eminent dramatist. He is often called England's national poet and nicknamed the Bard of Avon. He wrote about 38 plays, 154 sonnets, two long narrative poems, and a few other verses, of which the authorship of some is uncertain. His plays have been translated into every major living language and are performed more often than those of any other playwright.
Shakespeare married Anne Hathaway at the age of 18 . She was eight years older than him. They had three children: Susanna, and twins Hamnet and Judith. After his marriage information about his life became very rare. But he is thought to have spent most of his time in London writing and performing in his plays. Between 1585 and 1592, he began a successful career in London as an actor, writer, and part-owner of a playing company called the Lord Chamberlain's Men, later known as the King's Men.
Shakespeare produced most of his known work between 1589 and 1613 . His early plays were mainly comedies and histories and these works remain regarded as some of the best work produced in these genres. He then wrote mainly tragedies until about 1608 , including Hamlet, Othello, King Lear, and Macbeth, considered some of the finest works in the English language. In his last phase, he wrote tragicomedies, also known as romances, and collaborated with other playwrights. Shakespeare's plays remain hiqhly popular today and are constantly studied, performed, and reinterpreted in diverse cultural and political contexts throughout the world. Around 1613 , at the age of 49 , he retired to Stratford, where he died three years later. Few records of Shakespeare's private life survive. He died on 23 April 1616 , at the age of 52 . He died within a month of signing his will, a document which he begins by describing himself as being in "perfect health". In his will, Shakespeare left the bulk of his large estate to his elder daughter Susanna.

Question:
What is the word 'reinterpreted'  corresponds to in the passage?

Option 1: To make a scenario less complicated and easy to tackle.


 

Option 2: Interpreted something with a different perspective or light
 

Option 3: To make something more complicated and difficult to understand.


 

Option 4: To make something less critical and easy to perform

 

Team Careers360 26th Jan, 2024

Correct Answer: Interpreted something with a different perspective or light
 


Solution : The correct reponse is 2

Interpreted something with a different perspective or light
Explanation:
Let's examine the final sentence of the fourth paragraph:
 "Shakespeare's plays remain highly popular today and are constantly studied, performed, and reinterpreted in diverse cultural and political contexts throughout the world."​​​​​​​
- Depending on the context, the term "reinterpreted" refers to how Shakespeare's works have been interpreted around the world in various contexts and lights based on cultural and political factors.

5 Views

Question : It encourage the present employees and helps in finding reliable candidates. Which external source of recruitment is highlighted in the given statement?

Option 1: Recommendation of employees

Option 2: Labour contractors

Option 3: Web publishing

Option 4: Advertising on television

 

Team Careers360 27th Jan, 2024

Correct Answer: Recommendation of employees


Solution : Under this method existing employees are encourage to recommended suitable persons among their friends and relatives for employment.

Hence, option A is correct.

2 Views

Question : The protection of human rights is essential for security because it:  

 

Option 1: Enhances military alliances  

 

Option 2: Prevents conflicts and abuses  

Option 3: Increases economic growth  

Option 4: Promotes cultural diversity 

Team Careers360 26th Jan, 2024

Correct Answer: Prevents conflicts and abuses  


Solution : The protection of human rights is essential for security because it helps prevent conflicts and abuses that can arise from violations of individual rights and freedoms.

 

8 Views

Question : Assertion: The State Consumer Disputes Redressal Commission is the first level of the three-tier system under the Consumer Protection Act.

Reason: It handles consumer complaints where the value of goods and services exceeds Rs. 20 lakhs but does not exceed Rs. 1 crore.

 

Option 1: Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.

Option 2: Both the assertion and the reason are correct, but the reason is not the correct explanation of the assertion.

Option 3: The assertion is correct, but the reason is incorrect.

Option 4: The assertion is incorrect, but the reason is correct.

Team Careers360 26th Jan, 2024

Correct Answer: The assertion is incorrect, but the reason is correct.


Solution : The correct answer is (d) The assertion is incorrect, but the reason is correct.

This assertion is incorrect. The State Consumer Disputes Redressal Commission is not the first level in the three-tier system under the Consumer Protection Act. It is the second level, with the District Consumer Disputes Redressal Forum being the first level.

The reason is correct. The State Consumer Disputes Redressal Commission typically handles consumer complaints where the value of goods and services exceeds a certain threshold, which is typically Rs. 20 lakhs but does not exceed Rs. 1 crore. This is accurate information regarding the jurisdiction of the State Commission.

 

9 Views

Question : Under which type of activity will you classify Income Tax paid while preparing the Cash Flow Statement?

Option 1: Operating activities

Option 2: Investing activities

Option 3: Financing activities

Option 4: Cash and cash equivalents

Team Careers360 27th Jan, 2024

Correct Answer: Operating activities


Solution : Answer = Operating activities

Income tax paid is classified as an operating activity when preparing the Cash Flow Statement. This is because income tax is considered an operating expense, directly related to the company's primary business operations, and is therefore included in the operating activities section of the statement.
Hence, the correct option is 1.

7 Views

Question : Assertion-Reason Questions: Chapter - Sources of Business Finance

Questions : Business Finance and Its Meaning

Assertion: Financial planning aims to maximize shareholder wealth and company value.

Reason: Financial planning does not consider the interests of stakeholders.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
    

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
    

Option 3: Assertion is true, but the reason is false.

 

Option 4: Both assertion and reason are false.

Team Careers360 27th Jan, 2024

Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
    


Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Financial planning is the process of creating a roadmap for how a business will use its financial resources to achieve its goals. One of the most common goals of financial planning is to maximize shareholder wealth and company value. This can be achieved by making sound financial decisions, such as investing in profitable projects, expanding into new markets, and acquiring other companies.

While financial planning may consider the interests of other stakeholders, such as employees, customers, and suppliers, the primary goal is to maximize shareholder wealth and company value. This is because shareholders are the owners of the company, and they have a right to expect that their investment will be profitable.

Overall, financial planning is an essential tool for businesses that want to maximize shareholder wealth and company value. By making sound financial decisions, businesses can invest in new opportunities, grow their businesses, and increase their profitability.

 

2 Views

Question : Case Study 14: Supporting Rural Entrepreneurs

A group of entrepreneurs decided to establish a cooperative society in a rural area to produce organic agricultural products. They sought support from government schemes to finance their project and provide training to farmers.

Question:

The government's support for the cooperative society aligns with the goal of:

Option 1: Reducing employment opportunities in rural areas
  

Option 2: Promoting urbanization
 

Option 3: Enhancing rural economic development

 

Option 4: Encouraging outsourcing of agricultural production

Team Careers360 27th Jan, 2024

Correct Answer: Enhancing rural economic development

 


Solution : The correct answer is (c) Enhancing rural economic development

By providing support to the cooperative society in the rural area, the government aims to enhance rural economic development. This support includes financing and training, which can contribute to the sustainability and prosperity of agricultural activities in the rural community. The goal is to strengthen the economic foundation of rural areas and improve the livelihoods of the residents.

3 Views

Question : Statement 1: The Consumer Protection Act promotes ethical business practices among producers.

Statement 2: It encourages producers to provide quality products and services to gain consumer trust.

 

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.

Team Careers360 26th Jan, 2024

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 promotes ethical business practices among producers by establishing rules and regulations that encourage fair and transparent dealings with consumers. It discourages unfair trade practices and deceptive conduct.

Statement 2 is also true. The act encourages producers to provide quality products and services to gain consumer trust because it holds producers accountable for the quality and safety of their products. This trust-building aspect is an integral part of ethical business practices.

6 Views

Question : Case Study 18: Impact on Local Economy

A group of entrepreneurs established a tourist resort in a remote village. Their venture not only provided job opportunities to the local community but also attracted tourists, boosting the local economy.

Question:

The entrepreneurs' venture contributes to economic development through:

Option 1: Increasing unemployment in the region
 

Option 2: Reducing access to local resources
 

Option 3: Promoting foreign investment

  

Option 4: Attracting tourists and boosting local businesses

Team Careers360 26th Jan, 2024

Correct Answer: Attracting tourists and boosting local businesses


Solution : The correct answer is (d) Attracting tourists and boosting local businesses

The establishment of a tourist resort by the entrepreneurs attracts tourists and boosts local businesses, leading to increased economic activity in the region. This can result in job creation, increased revenue for local businesses, and overall economic development in the community.

4 Views

Question : Which of the following is a part of budgetary deficit.
 

Option 1: Revenue deficit
 

Option 2: Fiscal deficit
 

Option 3: Primary deficit
 

Option 4: All of the above.
 

Team Careers360 27th Jan, 2024

Correct Answer: All of the above.
 


Solution : Budgetary deficit involves revenue deficit, fiscal deficit, and  primary deficit.
Hence, Option D is correct.

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