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Common University Entrance Test (UG)

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19 Views

Question : Which training method allows employees to learn at their own pace using online resources?

Option 1: On-the-job training
   

Option 2: E-learning
  

Option 3: Role-playing

    

Option 4: Case studies

Team Careers360 26th Jan, 2024

Correct Answer: E-learning
  


Solution : The correct answer is (b) E-learning.

E-learning is the training method that allows employees to learn at their own pace using online resources. E-learning involves using electronic platforms, such as online courses, modules, or learning management systems, to deliver training content to employees. With e-learning, employees can access training materials, resources, and interactive modules through computers, tablets, or smartphones. They can learn at their own convenience, progress through the training materials at their own pace, and revisit the content as needed. E-learning provides flexibility, self-directed learning, and the ability to cater to individual learning preferences.

69 Views

Question : Read the following information carefully and answer the question

 

Particulars

 

Revenue from Operations

8,75,000

Creditors

90,000

Bills Receivable

48,000

Bills Payable

52,000

Purchases

4,20,000

Trade Debtors

59,000

 
 
Q. Calculate Trade Payables Turnover Ratio.
 

Option 1: 29.6 times

 

Option 2: 2.96 times 

 

Option 3: 29.6%

Option 4:  2.69:1

Team Careers360 27th Jan, 2024

Correct Answer: 2.96 times 

 


Solution : Trade Payable Turnover Ratio = Net Credit Purchases/Average Trade Payables = Net Credit Purchases/(Opening Creditors + Opening Bills Payables + Closing Creditors + Closing Bills Payables)/2 = ₹ 4,20,000/(₹ 90,000 + ₹ 52,000) = ₹ 4,20,000/1,42,000 = 2.96 times. Assuming that there are no closing Creditors and Bills Payables, hence we will not make their average.

17 Views

Question : Statement 1: Geothermal energy is a renewable source of energy derived from the heat of the Earth's interior.

Statement 2: Geothermal power plants convert geothermal heat into electricity through steam turbines.

Option 1: Both statements are true.
 

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

Option 3: Statement 1 is false, and Statement 2 is true.

 

Option 4: Both statements are false.

Team Careers360 26th Jan, 2024

Correct Answer: Both statements are true.
 


Solution : The correct answer is (a) Both statements are true.

Statement 1 accurately states that geothermal energy is a renewable source of energy derived from the heat of the Earth's interior. Geothermal energy is generated by tapping into the heat stored within the Earth's crust, which is a virtually limitless and continuously replenished resource.

Statement 2 is also true. Geothermal power plants harness geothermal heat and convert it into electricity using steam turbines. The process involves drilling wells to access hot water or steam reservoirs underground. The hot water or steam is then used to drive turbines, which generate electricity.

Both statements provide accurate information about geothermal energy and its conversion into electricity. 

9 Views

Question : A report in Access is designed using______________ sections which taken together constitutes the structure of report design:

Option 1: Five

Option 2: Nine

Option 3: Seven

Option 4: Two

Team Careers360 27th Jan, 2024

Correct Answer: Seven


Solution : Seven sections are used in the creation of a report in Access, and these sections collectively make up the report design structure.

  1. Report Header
  2. Page Header
  3. Group Header
  4. Details
  5. Group Footer
  6. Page Footer
  7. Report Footer

Hence the Correct answer is option 3.

21 Views

Question : Which of the following is not a function of the Securities and Exchange Board of India (SEBI)?

 

Option 1: Regulating the stock market

 

Option 2: Regulating the mutual fund industry
 

Option 3: Regulating the insurance industry

 

Option 4: Protecting the interests of investors

Team Careers360 27th Jan, 2024

Correct Answer: Regulating the insurance industry

 


Solution : The answer is (c) Regulating the insurance industry.

SEBI is the regulatory body for the securities market in India. It does not regulate the insurance industry. The insurance industry is regulated by the Insurance Regulatory and Development Authority of India (IRDA).

 

72 Views

Question : Which one of the following word is correctly spelt?

Option 1: Vetarinary

Option 2: Veteninary

Option 3: Vetniary

Option 4: Veterinary

Team Careers360 26th Jan, 2024

Correct Answer: Veterinary


Solution : Option 4 is the correct answer.

Veterinary is a surgeon who provides the treatment to the farm and domestic animals.

For Example:

The dog was taken to the veterinary after the accident.

14 Views

Question : Case Study 7:

GHI Corporation, a well-established company, is exploring options to reduce its cost of borrowing.

Question :

GHI Corporation is looking to lower its borrowing costs. Which money market instrument can it use for short-term funding?

Option 1: Treasury bill
 

Option 2: Commercial paper
 

Option 3: Debenture

 

Option 4: Equity share

Team Careers360 27th Jan, 2024

Correct Answer: Commercial paper
 


Solution : The correct answer is (b) Commercial paper

To lower its borrowing costs and obtain short-term funding, GHI Corporation can use commercial paper. Commercial paper is a short-term debt instrument issued by corporations to raise funds for their short-term financing needs. It typically has a maturity of less than a year, making it suitable for short-term funding. Commercial paper often offers lower borrowing costs compared to other forms of debt due to its short-term nature and is an effective way for well-established companies like GHI Corporation to manage their short-term liquidity requirements at a lower cost. Treasury bills, another option mentioned, are also a money market instrument but may not provide as flexible terms or competitive rates for short-term corporate financing. Debentures and equity shares are long-term financing instruments and wouldn't be suitable for reducing short-term borrowing costs.

8 Views

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

Option 1: Current account

Option 2: Capital account

Option 3: financial account

Option 4: Trade account

Team Careers360 27th Jan, 2024

Correct Answer: Trade account


Solution : The correct answer is (d) Trade account

The "Trade account" is not a separate component of the balance of payments. However, it is commonly used to refer to the balance of trade, which is the difference between a country's exports and imports of goods and services.

8 Views

Question : Choose the antonym of the word 'Adequate'.
 

Option 1:
Requisite
 

Option 2: Tolerable
 

Option 3: Ample
 

Option 4: Deficient

Team Careers360 26th Jan, 2024

Correct Answer: Deficient


Solution : The correct answer is option 4.

Explanation:

- The term "adequate" denotes an amount or quality that is satisfactory or acceptable.
- Let's examine the following alternatives' meanings:

  •  Requisite - Required for a specific function.
  • Tolerable- decent, or mediocre.
  • Ample - Sufficient or abundant in quantity.
  • Deficient: Not having enough of anything; inadequate or insufficient.
     
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