Common University Entrance Test (UG)
Question :
X Ltd. issued 20,000 shares of Rs. 10 each payable as follows:
On application Rs. 6 and balance on allotment. Applications were received for 32,500 shares and pro rata allotment was made to the applicants of 25,000 shares. All the shareholders have paid the amount due up to allotment except X the allottee of 4,000 shares.
Question:- Calculate allotment money received later.
Option 1: Rs. 50,000
Option 2: Rs. 40,000
Option 3: Rs. 30,000
Option 4: None of these
Correct Answer: Rs. 40,000
Solution : Answer = Rs. 40,000
Total No. of shares applied by X = 25,000/20,000 x 4,000 = 5,000 shares.
Calculation of allotment money received later:
Total allotment money due (20,000 × Rs. 4)
Less: Allotment money already received
80,000
on application stage (5,000 × Rs. 6)
30.000
50.000
Less: Allotment amount due but not received from X [as per (i)]
10,000
Allotment money received
40,000
Question : Direction: Choose the appropriate word for the following sentence:
He began to tell them _____about his life in New Delhi.
Option 1: little
Option 2: a few
Option 3: a little
Option 4: a few
Correct Answer: a little
Solution : The correct answer is a little
Explanation:
Let's look at the meaning of the adjectives:
little-hardly any
a little: some but not much
the little:not much but all that is available
All of these adjectives are used ijn singular uncountable noun. Life is an uncountabkle noun so a little will be most appropriate option here.
Question : Statement 1: Richard defined entrepreneur as the agent who buys means of production at certain prices in order to sell the produce at uncertain prices in the future. Statement 2: Entrepreneurship is a systematic, purposeful activity of identifying a need.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Both are true
Solution : According to Richard entrepreneur as the agent who buys means of production at certain prices in order to sell the produce at uncertain prices in the future. Enterpreneurship is systematic purposeful and creative activity of identifying the need mobilising resources and organising production with the view to delivering value to the customers.
Hence, option A is correct.
Question : Fill in the blanks- Tax concessions is a part of ________.
Option 1: Reallocation of resource
Option 2: Reducing income inequalities
Option 3: Economic stability
Option 4: All of the above.
Correct Answer: Reallocation of resource
Solution : Tax concession is a part of relocation of resources. Government gave tax concession to encourage investment in the economy. Hence Option A is correct.
Question : Case Study:
XYZ Fashion introduces a "Limited Edition Collection" with exclusive designs. This creates a sense of urgency among customers. What psychological technique is used in this sales promotion?
Option 1: Scarcity
Option 2: Reciprocity
Option 3: Social Proof
Option 4: Authority
Correct Answer: Scarcity
Solution : The correct answer is (a) Scarcity
By introducing a "Limited Edition Collection" with exclusive designs, XYZ Fashion is creating a sense of urgency and implying that these designs are rare and won't be available for long. Scarcity is a psychological principle where people tend to assign higher value to things that are scarce or in limited supply, and it often prompts individuals to take action (such as making a purchase) to secure the item before it's no longer available.
Question : Which of the following is a major challenge to the restructuring of the UN?
Option 1: Global warming
Option 2: Technological advancements
Option 3: Veto power of permanent members
Option 4: Language barriers
Correct Answer: Veto power of permanent members
Solution : Correct Option: Option 3 Explanation: The veto power of permanent members of the Security Council is a major challenge to the restructuring of the UN, as it can be used to block reforms that are perceived to be against the interests of these countries.
On a share of Rs. 20 issued at a premium of Rs. 4 on which Rs. 16 (including premium) is called-up and Rs. 10 (including premium) paid is forfeited, the Share Capital Account will be debited by ____________.
Option 1: Rs.20
Option 2: Rs.12
Option 3: Rs.10
Option 4: *16
Correct Answer: Rs.12
Solution :
Answer = Rs.12
Share capital account will be debited by No of shares X called up money (excluding premium).
In this question, called-up money excluding premium is Rs 12. Hence, the correct option is 2.
Question : Identify the following curves in the below diagram-
Option 1: A- Savings, B- Investment
Option 2: A- Consumption , B- Investment
Option 3: A- Consumption , B- Savings
Option 4: A- Savings, B- Consumption
Correct Answer: A- Savings, B- Consumption
Hence, Option D is correct.
Question : Which of the following is not a part of Consumer Right?
Option 1: Right of choice
Option 2: Right of information
Option 3: Right to vote
Option 4: Right to be heard
Correct Answer: Right to vote
Solution : Right to vote is a political right .
Hence option C is correct
Question : Find out the pair of words from the options which exhibits the same relationship as shown by the question pair of words:
Vocalization: Divulge
Option 1: Articulation: Explanation
Option 2: Enthusiasm: Vigour
Option 3: Strengthen: Attrition
Option 4: Brawl: Bawdy
Correct Answer: Articulation: Explanation
Solution : Vocalization leads to divulging or revealing of secrets, similarly, articulation leads to explanation.
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
Question drives traffic to external sites for promotional or commercial purposes
The Question is not relevant to User
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