Punjab Public Service Commission Old Question Paper

Punjab Public Service Commission Old Question Paper

1. Which player was declared Player of the Tournament in ICC Cricket World cup 2011?
1. Yuvraj Singh
2. Sachin Tendulkar
3. M.S.Dhoni
4. Zaheer Khan

2. LPG consists of mainly
1. methane, ethane and hexane
2. methane, hexane and nonane
3. methane, hexane and propane
4. methane, butane and propane

3. Aizwal is the capital of which north eastern state?
1. Arunachal Pradesh
2. Tripura
3. Manipur
4. Mizoram

4. Who is the current chief of Indian Naval Staff?
1. Admiral Shankar Gupta
2. Admiral Sureesh Mehta
3. Admiral Suresh Nanda
4. Admiral Nirmal Kumar Verma

5. The blue colour of the clear sky is due to
1. Diffraction of light
2. Dispersion of light
3. Reflection of light
4. Refraction of light

6. Where does the river Indus originate?
1. Tibetan Plateau
2. Hindu Kush range
3. Pamir Mountains
4. Karakoram Range

7. Which political party won majority in the Uttar Pradesh 2012 Assembly Elections?
1. Samajwadi Party
2. Samta Party
3. Samaj Shudhi Party
4. Samaj Sudhar Party

8. Jagjit is younger than Kripa.Manpreet was born after Jagjit.Kripa is older than Manpreet.If the first two statements are true, the third statement is
4. Inadequate Information

9 Which of the following is used in pencils?
1. Graphite
2. Silicon
3. Charcoal
4. Phosphorous

10. The smallest functional and structural unit of kidney is called as
1. Neuron
2. Nephron
3. Granulocyte
4. Reticulocyte

11. When a gas turns into a liquid, the process is called
1. Condensation
2. Evaporation
3. Deposition
4. Sublimation

12. Steve Jobs who died recently was the CEO of which company?
1. Apple Computers
2. Orange Computers
3. Microsoft
4. Dell Computers

13. WiMAX is related to which one of the following
1. Biotechnology
2. Space technology
3. Missile technology
4. Communication technology

14. The World Trade Center towers which were the target of terrorist attack on 9th September, 2001 in USA were located in which city?
1. Las Vegas
2. Washington D.C.
3. New York
4. Chicago

15. Manjeet is older than Harjot.Kuldeep is older than Manjeet.Harjot is older than Kuldeep.If the first two statements are true, the third statement is
4. Inadequate Information

16. Anna Hazare served in which branch of Indian defence services?
1. Indian navy
2. Indian coastguard
3. Indian army
4. Indian airforce

17. Where will the next ICC Cricket World Cup be held?
1. Australia- New Zealand
2. England
3. South Africa
4. West Indies

18. Look at this series: 7, 10, 8, 11, 9, 12, ?.. What number should come next?
1. 7
2. 10
3. 12
4. 14

19. Which of the following was leader during the founding of Naxalite movement?
1. Charu Bannerjee
2. Charu Majumdar
3. Charu Roy
4. Charu Chatterjee

20. What does GDP in terms of economy stand for?
1. Gross Dual Procedure
2. Gross Domestic Product
3. Gross Dual Product
4. Gross Domestic Procedure

21. Who was the Prime Minister of Great Britain when India got its independence?
1. Winston Churchill
2. Margaret Thatcher
3. Tony Blair
4. Clement Atlee

22. Who was the only terrorist caught alive in 26/11 Mumbai terror attack?
1. Mohammed Ajmal Amir Kasab
2. Mohammed Farookh Khan
3. Ajmal Amjed Khan
4. Salim Saeed

23. Mohan runs faster than Pratap.Hari runs faster than Mohan.Pratap runs faster than Hari.If the first two statements are true, the third statement is
4. Inadequate Information

24. Dandiya is a popular dance of which Indian state?
1. Andhra Pradesh
2. Gujarat
3. Madhya Pradesh
4. Nagaland

25. Osama Bin Laden was killed in which city of Pakistan?
1. Islamabad
2. Karachi
3. Peshawar
4. Abbotabad

26. Which of the following is not a part of the Internet?
1. World Wide Web
3. Email

27. Who founded Brahmo Samaj in 1828?
1. Ishwar Chandra Vidyasagar
2.Swami Vivekananda
3. Raja Rammohun Roy
4. Swami Dayananda

28. Dr. Manmohan Singh has been the Prime Minister of India since
1. 2002
2. 2003
3. 2004
4. 2005

29. What does the abbreviation “http” stand for?
1. Hypertext Transfer Protocol
2. High Task Termination Procedure
3. Harvard Teletext Proof
4. None of the above

30. Against which country did Sachin Tendulkar score his 100th International century?
1. Bangladesh
2. Pakistan
3. Sri Lanka
4. Australia

31. Which of the following is not a terrorist organization?
1. Lashkar ? e- Toiba
2. Jammat ? ud ? Dawa
3. Harkat ? ul ? Jammate Islami
4. Muslim League

32. Sri Harikota Islands are famous for?
1. Launch Pad for Indian Space Missions
2. Temple architecture
3. Manufacturing plant of Maruti automobiles
4. Naval dockyard

33. Which of the gas is not known as green house gas?
1. Methane
2. Nitrous oxide
3. Carbon dioxide
4. Hydrogen

34. Who is the present Army Chief of Pakistan?
1. General Pervez Musharraf
2. General Ashfaq Kayani
3. General Zia Ul Haq
4. General Nadeem Taj

35. What is Fauja Singh famous for?
1. Painting
2. Acting
3. Poetry
4. Marathon running

36. Who is the current leader of opposition in Lok Sabha?
1. L.K.Advani
2. Sushma Swaraj
3. Mamta Bannerjee
4. Arun Jaitley

37. Who laid the foundation stone of Harmandir Sahib in Amritsar?
1. Mian Mir
2. Guru Arjan Dev
3. Mian Pir
4.Guru Hargobind Singh

38. Which among the following states does not share a boundary with Punjab?
1. Rajasthan
2. Jammu and Kashmir
3. Himachal
4. Uttar Pradesh

39. Sedimentry rocks are formed by the process of-
1. Metamorphism
2. Deposition
3. Weathering
4. Cooling

30. The first web server was built in:
1. 1990 in Geneva, Switzerland
2. 1985 in Berkeley, California
3. 1988 in Cambridge, Massachusetts
4. 1947 in Berningham, UK

41. Who was the chief architect of the city of Chandigarh?
1. Le Clarke
2. Le Corbusier
3. Lachhman Singh Gill
4. Le Meridian

42. Which of the following is suitable for growing cotton?
1. Sandy soil
2. Clayey soil
3. Black soil
4. Alluvial soil

43. Mangoes cost more than apples.Mangoes cost less than chikoos.Chikoos cost more than both apples and mangoes.If the first two statements are true, the third statement is
4. Inadequate Information

44. Which former Union Minister was arrested by CBI in the 2G Spectrum allocation case?
1. A. Raja
2. D. Raja
3. Suresh Kalmadi
4. Kanimozhi

45. Which of the following Indian Sportsman has not won any Olympic Medal?
1. Leander Paes
2. Vishwanathan Anand
3. Rajyawardhan Rathore
4. Abhinav Bindra
PPSC Placement Paper
Punjab PSC Previous Year Question Paper

1. Who invented the following
A. ball-point pen
B. Laser
C. Refrigerator
D. Stethoscope
E. X-ray

2. Who wrote the following books?
A. Geetha Govindam
B. Vanaprastham
C. Paradise Lost
D. My Life and Time
E. The Waste Land

3. Give the full from the following abbreviations :-
E. Ph.d

5. Explain the following in a sentence or two:__
A. Lactometer
B. Seismograph
C. Pasteurised Milk
D. Blood count
E. Punchayati Raj

6. What are equity shares?

7. What is federalism?

8. Who was the winner of World Cup football in 1998?

9. Who got 1997 Arjuna Award in Athletics?

10. Who was the youngest Indian President to assume office?

11. Who got 1995 Jnanpith Award?

13. Where is Visweswaryya Industrial and Technology Museum situated?

14. Who deigned the first postal stamp in India?

15. Which are the states of origin of Kuchpudi and Bharatnatyam?

16. Which is the most populous State in India?

17. Which plat was hitted by Comet Shoemaker ? Levy 9 ?

18. INSAT 2C was launched from which place?

19. Who was the first Indian in space?

20. Who is the central Cabinet Minister for Human Resource Development?

21. Bombay : Maharashtra : Bhopal ::??.
A. Karnataka
B. Andhra Pradesh
C. Madhya Pradesh
D. Nagaland
E. None of these

22. Factory : Worker : : Finger : :??..
A. Nail
B. Hand
C. Arm
D. Palmer
E. None of these

23. Year : Month : : Week: : ?..
A. Hour
B. Minute
C. Day
D. Fortnight
E. None of these

24. 3600 : 600 : 120 : 30 : ???..
A. 15
B. 10
C. 5
D. 20
E. None of these

25. ABCU : ACBV : BCAW : BACX : CBAY : ????..
E. None of these

26. If an agent supplies 25 tables and 25 chairs for Rs 17,500. he will supply 10 tables and 10 chairs for
A. Rs 7,000
B. Rs 10,000
C. Rs.15000
D. Rs.3500
E. None of these

27. A number is made of two digits. If 45 is added to the number, the digit get the reserved. The number could be
A. 18
B. 36
C. 54
D. 27
E. None of these

28. Raju and Babu set on a journey. Raju moves eastward at a speed of 20 km/hr. Babu moves westward at a speed of 30 km/hr. How far is Raju from Babu after half an hour ?
A. 25kms
B. 10kms
C. 50kms
D. 30kms
E. None of these

29. If 5 worker working 7 hours a day finish the work in 4 days, then one worker working 10 hours a day can finish the same work in
A. 8 days
B. 10 days
C. 20 days
D. 14 days
E. None of these

30. 50 % of 50 % of 12 is how much
A. 3
B. 6
C. 2
D. 1
E. None of these
PPSC Placement Paper
Punjab Public Service Commission Previous Year Question Paper

1. Agenda 21 is related with:
(A)SAAR Summit
(B)Earth Summit
(C)NAM Summit
(D)EU meeting

2. Indian President can nominate 2 members of one community to the Lok Sabha, if they are not adequately represented. The community is:
(A)Anglo Indian

3. Rajya Sabha members are elected by means of:
(A)First past the post system
(B)Functional representation
(C)Single transferable vote system
(D)List system

4. The Defence Minister who resigned the post following an attack on Northern-Eastern borders of India by China in November 1962:
(A)V.K. Krishna Menon
(C)Lal Bahadur Sasthri

5. One of the following is not included in Writ:

6. First Trade Union in India

7. Swadeshabhimani Ramakrishna Pillai exiled on
(A)26th Sept. 1909
(B)26th Sept. 1911
(C)26th Sept. 1910
(D)10th Sept. 1926

8. The first person who described the Sepoy Mutiny in 1857 as first war of Independence in his book ‘First War of Independence’:
(A)John Seely
(C)Sir Colling Kambell
(D)Ramgopal Gosh

9. Odd man out:

10. The winner of Wimbledon Tennis Men’s title 2010:
(A)Roger Federer
(B)Rafael Nadal
(C)Andy Murray
(D)Thomas Berdych

11. The only Tropical Rain Forest in India. It is also called as the cradle of evolution:
(B)Araval!y Hills
(C)Himadri Hills
(D)Silent Valley

12. Here Pappa Somes’ is the painting of:
(B)Leonardo Davinci
(C)Raja Ravi Varma
(D)R.K. Lakshman

13. The Indian National Movement leader who attracted the people into the freedom struggle movement through organising ‘Ganapathy Carnival and Sivaji Carnival.’
(A)Bala Gangadhara Thilak
(B)Gopala Krishna Gokhale
(C)Dada Bhai Navaroji
(D)Vipin Chandra Pal

14.Octopus the Paul, who fascinated the football fans by correctly predicting results at 2010 World Cup Football, was hailed from :
(A)South Africa

15. The French Novel ‘The Count of Monte Cristo1 written by Alexander Dumas inspired the Malayalam movie:
(B)News paper boy
(C)Kandam bechakottu

16. In which city Commonwealth Games 2010 were held?

17. “Say no to racism” is a banner raised before every match of:
(B)Asian Games2010
(C)World Cup Football 2010
(D)Australian Open 2010

18. Which of the schedule of Indian Constitution enumerates powers and functions of Pan-chayath Raj Institution?

19. Three tier Panchayat Raj system established with the recommendation of:
(A)Ashok Mehta Committee
(B)Balwanth Rai Mehta Committee
(C)Mandal Commission
(D)Kaka Kaledkar Commission

20. The provision of fundamental rights in Indian Constitution is borrowed from
(A)British Constitution
(B)French Constitution
(C)Russian Constitution
(D)American Constitution

21. Power of Rajya Sabha in dealing with money bill
(A)Equivalent power with Lok Sabha
(B)Only can withhold 14 days
(C)Can introduce only in Rajya Sabha
(D)Decides the bill is money bill or not

22. The Veda which deal with music
(A)Sam Veda

23. Jataka tales describe the stories related to the birth of
(C)Varthamana Mahaveera

24.ASEAN referred to
(A)Association of South East Asian Nations
(B)Association of South American Nations
(C)Association of South European Alliance Nations
(D)Association of South East

25. The website that exposed detailed chronicle of systematic abuse, torture and concealment of the US and other military logs in Iraq.
(A)People Daily
(C)Wiki Leaks

26. The first Law Officer of Government of India
(A)Solicitor General
(B)Attorney General
(C)Accountant General
(D)Advocate General

27. Konark Sun Temple or Black Pagoda is situated in the state of
(B)Utter Pradesh
(C)Madhya Pradesh

28. Name the Hurricane that blew over Jamaica and Haiti in 2010
(D)Willy Willies

29. One of the following is not held in India during the period of Viceroy the Lord Ripon
(A)-Gens us in India
(B)Illbei Bill Passed
(C)Starting of Local self Government
(D)Formation of Indian National Congress

30. The term “Third World’ refers to
(A)Developed countries
(B)Afro Asian countries
(C)Developing countries
(D)Oil rich countries

31. ‘Worshipping false Gods’ is the book of
(A)Khushwant Singh
(B)Arun Shourie
(C)Richard Brinsely Sheridan
(D)Arundathi Roy

32. Opium a war fought between
(A)Afghanistan and China
(B)China and Britain
(C)Russia and China
(D)Russia and Afghanistan

33. Currency notes in India are printed in
(A)Security Press Nasik
(B)Security Press Noida
(C)Security Press Mumbai
(D)Reserve Bank of India, New Delhi

34. In which layer of atmosphere the ozone layer found?

35.Rice is the main crop of
PPSC Question-Paper

Punjab Public Service Commission Previous Year Question Paper

1. Where in the International Court of Justice located?
1. The Hague
2. Geneva
3. London
4. Paris

2. The element common to all acids is
1. Hydrogen
2. Carbon
3. Sulphur
4. Oxygen

3. Naxalbari village which is associated with the Naxal movement is situated in which Indian state?
1. Bihar
2. Orissa
3. Jharkhand
4. West Bengal

4. Budapest is the capital of which European nation?
1. Croatia
2. Poland
3. Hungary
4. Slovakia

5. What was Peoples War Group known for?
1. Naxalite organization
2. RTI activism
3. Anti corruption activism
4. Anti pollution activism

6. Who founded the Indian National Congress in 1885?
1. Mahatama Gandhi
2. Khudiram Bose
3. A.O. Hume
4. Jyotiba Phule

7. Sardar Parkash Singh Badal has become the Chief Minister of Punjab for which term in 2012?
1. 4th
2. 5th
3. 3rd
4. 6th

8. In which state is Bharatpur Bird Sanctuary located?
1. Rajasthan
2. Haryana
3. Uttar Pradesh
4. Gujarat

9. Which of the following personalities have not received Bharat Ratna till date?
1. Lata Mangeshkar
2. C.V.Raman
3. Sachin Tendulkar
4. Rajiv Gandhi

10. Pritpal weighs less than Harminder.Pritpal weighs more than Gurjeet.Of the three men, Gurjeet weighs the least.If the first two statements are true, the third statement is
4. Inadequate Information

11. Who established Mauryan Empire in ancient India?
1.Chandragupta Maurya
3. Bimbisara
4. Ajatasatru

12. The gas usually filled in the electric bulb is
1. Nitrogen
2. Hydrogen
3. Carbon dioxide
4. Oxygen

13. With which country does India not share its international boundary?
1. Myanmar
2. Nepal
3. China
4. Mongolia

14. A computer virus that actively attacks an anti-virus program or programs in an effort to prevent detection is…
1. Worm
2. Trojan
3. Retrovirus
4. Ghost Virus

15. Durand Cup is associated with?
1. Football
2. Hockey
3. Cricket
4. Tennis

16. What is full form of LET?
1. Lashkar ? e- Toiba
2. Liberation of Ethopian Territory
3. Lahore Establishment of Trade
4. Libyan Establishment of Technology

17. What is a spider?
1. A computer virus
2. A program that catalogs Web sites
3. A hacker
4. A web application

18. Who was the first defence minister of independent India?
1. Sardar Vallabhbhai Patel
2. Rajendra Kumar
3. Prem Singh
4. Baldev Singh

19. Professor Amartya Sen is famous in which field?
1. Economics
2. Literature
3. Medicine
4. Music

20. Which of the following Indus Valley civilization site is located in India?
1. Mohenjodaro
2. Lothal
3. Gumla
4. Harappa

21. The hardest substance available on earth is
1. Gold
2. Iron
3. Diamond
4. Platinum

22. Acquired Immuno Deficiency Syndrome (AIDS) is caused by
1. bacterium
2. Protozoa
3. fungus
4. virus

23. What is Antrix?
1. Commercial wing of Indian
2. A famous travel company
3.A laptop
4. International Airline

24. Where is the seat of Tibetan Govt. In exile situated ?
1. Shimla
2. Dharamsala
3. Sri Nagar
4. Bodh Gaya

25. Which of these mountain peaks is not in India?
1. Nandadevi
2. Mount Everest
3. Dodabetta
4. Mount Abu

26. Who presented the annual railway budget 2012?
1. Mamta Bannerji
2. Dinesh Trivedi
3. Laloo Prasad Yadav
4. Farooq Abdullah

27. Who wrote the novel ?God of Small Things??
1. Arundhati Roy
2. Shobha De
3. Jhumpa Lahiri
4. Khushwant Singh

28. The national song of India was composed by?
1. Rabindra Nath Tagore
2. Bankim Chandra Chatterjee
3. Iqbal
4. Jai Shankar Prasad

29. What does L.T.T.E stand for?
1. Liberated Tamil Terrorist Establishment
2. Liberation Tamil Tigers Establishment
3. Liberation Tigers of Tamil Eelam
4. Liberation Tamil Telegu Eelam

30. The opposite of digital is
1. Binary
2. Analog
3. Anticlock
4. None of the above

31. The Gir Forests in Gujarat are famous for which wild animals?
1. The Indian Tiger
2. The Asiatic Lion
3. The Indian Elephant
4. The river crocodile

32. Which of the following districts of Punjab have been carved out in 2011?
1. Pathankot
2. Moga
3. Faridkot
4. Barnala

33. Three pencils cost the same as two erasers.Four erasers cost the same as one ruler.Pencils are more expensive than rulers.If the first two statements are true, the third statement is
4. Inadequate Information

34. The Kuka Movement of 19th century in Punjab was led by
1. Bhai Daya Singh
2. Bhai Bhola Singh
3. Bhai Harpal Singh
4. Bhai Ram Singh

35. Which of the following was site of recent nuclear power plant leakage in Japan?
1. Tokyo
2. Hiroshima
3. Nagasaki
4. Fukushima

36. The Jallianwala Bagh massacre took place in which year?
1. 1919
2. 1918
3. 1921
4. 1920

37. Which Naxal top commander was killed in police operations recently?
1. Mohanji
2. Ranaji
3. Kishenji
3. Rajniji

38. During which movement did Mahatma Gandhi give the slogan ?Do or Die? ?
1. Quit India movement
2. Kheda Stayagraha
3. Non Cooperation movement
4. Khilafat movement

39. Look at this series: 36, 34, 30, 28, 24, ?.. What number should come next?
1. 20
2. 22
3. 23
4. 26

40. Where will 2012 Olympic Games be held?
1. Rome
2. Madrid
3. London
4. Amsterdam
PPSC Question-Paper
Punjab Public Service Commission (PPSC) Exam Paper For The Post of Accountant

Directions Q.No. 1-3:-Choose the correct synonym of the given word out of the four choices:
A) Grievance
B) Greed
C) Gratitude
D) Gravity

A) Relevant
B) Invulnerable to
C) Impertinent
D) Permeable

A) Unaffected
B) Unhealthy
C) Commanding
D) Weak

Directions Q.No. 4-5:-Choose the correct opposite of the given word out of the four choices:
A) Reject
B) Select
C) Indict
D) Support

A) Responsibility
B) Support
C) Correctness
D) Impudence

6.Which part of the Ashoka’s pillar at Sarnath has been taken for National Emblem of India?
A) central portion
B) bottom portion
C) capital
D) complete pillar

7.India became country to have acquired nuclear powered submarines.
A) sixth
B) fifth
C) fourth
D) third

8.While determining literacy rate, the age taken into account is
A) + 1 years
B) + 5 years
C) + 6 years
D) + 7 years

9.Which of the following states is on the south-west of Punjab?
A) Haryana
B) Rajasthan
C) Himachal Pradesh
D) J and K

10.Which one of the following statements is correct about Punjab?
A) Punjab has 85% of its area under cultivation and 2.6% of cropped area of whole country
B) Punjab has 51% of its area under cultivation and 2.6% of cropped area of whole country
C) Punjab has 70% of its area under cultivation and 1.6% of cropped area of whole country
D) Punjab has 85% of its area under cultivation and 1.6% of cropped area of whole country

11.Which three of the following rivers do not flow through Punjab?
A) Satluj, Chenab, Jhelum
B) Chenab, Jhelum, Ravi
C) Beas, Ravi, Jhelum
D) Chenab, Ravi, Satluj

12.An ad-valorem duty is tax basis of
A) price of commodity
B) value added
C) Unit of commodity
D) advertisement expenses

13.Which of the following does not have a common boundary with Bangladesh?
A) Meghalaya
B) Mizoram
C) Tripura
D) Arunachal Pradesh

14.The first nuclear reactor of India is named
A) Urvashi
B) Apsara
C) Kamini
D) Rohini

15.D. Udaya Kumar who designed symbol for Indian Rupee is
A) IIT post-graduate
B) IIT drop out
C) Diploma holder in designing from polytechnic

16.First Woman to climb Mount Everest is
A) Santosh Yadav
B) Dina Vakel
C) Bachchendri Pal
D) Anna Chandi

17.How many members can the President of India nominate to Rajya Sabha?
A) 2
B) 10
C) 12
D) 8

18.After retirement a judge can undertake private practice of law
A) in the same court
B) only in a lower court
C) where ever he/she wished
D) in another court of the same level or higher court

19.Who was Indian leader who opposed organisation of Indian National Congress in 1885 along with Raja Shiva Prasad of Benaras?
A) Sayyid Ahmed Khan
B) Badrudin Tyabji
C) Nawab Abdul Latif
D) Mohammad All Jinnah

20.The doctrine of Swadeshi was first preached and to
A) In 1866 ; save Indian economy
B) In 1866 generate feeling of patriotism
C) In 1870 ; protect Indian industries against slaught of British Manufacturers
D) In 1876 ; create feeling of Indianization.

21.In which city did representatives from the countries of the world meet and create the first international agreement on global warming?
A) Rio de Janeiro, Brazil
B) Paris, France
C) Kyoto, Japan
D) Kuala Lampur, Malaysia

22.The Earth is third planet from the Sun and is located between
A) Venus and Mars
B) Mars and Jupiter
C) Venus and Jupiter
D) Mercury and Venus

23.`Boston Tea Party’ is associated with the
A) French Revolution
B) Russian Revolution
C) American Independence
D) Independence of Egypt

24.If `A S B’ means `A’ is brother of `B’, `A @ B’ means `A’ is wife of `B’, `A # B’ means `A’ is daughter of `B’ and `A 8 B’ means `A’ is father of `B’, then whicht?l of the following expressions indicates the relationship `K’ is father-in-law of H?

25.Rewrite the word VOCALIST in the numeric form by writing its first four letter in the reverse order and then next four letters in the reverse by substituting I by 8,O by l,L by 3,T by 2,V by 5,S by 7,A by 9,andC by 6.
A) 96152783
B) 92156873
C) 96157683

26.Adjustment entry to record interest on capital invested by owner will effect
A) Trading and Profit & Loss A/c
B) Trading and Balance Sheet
C) Profit & Loss A/c and Balance Sheet
D) Trading A/c, Profit & Loss A/c and Balance Sheet

27.Which of the following variance is usually not computed in respect of material?
A) Usage variance
B) Idle time variance
C) Cost variance
D) Mix variance

28.If a company is earning a profit of 100000 and its profit volume ratio is 25%, its margin of safety will be:
A) 400000
B) 250000
C) 750000
D) 600000

29.According to AS-3, cash collected through issue of shares is shown under the head of
A) Cash from operating activities
B) Cash from investing activities
C) Cash from financing activities
D) Cash from business activities

30.Which of the following financial source may be helpful in reducing the tax burden in future?
A) Issue of equity shares
B) Issue of preference share
C) Issue of debenture
D) Issue of sweat equity

31.The rate at which present value of cash inflow is equal to present value of outflow is known as:
A) Return on equity
B) Rate of gross profit
C) Rate of return
D) Internal rate of return

32.Valuation of goodwill is not required in case of
A) Change in profit sharing ratio of partners
B) Sale of business
C) Realising cash from debtors
D) Retirement of a partner

33.Current cost accounting method does not involve:
A) Gearing adjustment
B) Depreciation adjustment
C) Cost of sale adjustment
D) Leverage adjustment

34.Which of the following method is not used to keep the accounts of a dependent branch?
A) Debtor system
B) Creditor system
C) Final account system
D) Stock and debtors system

35.In which type of following transaction ownership is not assumed to be transferred
A) Cash sale
B) Credit sale
C) Hire-purchase system
D) Instalment purchase system

36.LIFO method is suitable when
A) Goods are of perishable nature
B) Calculation of remaining stock is required to be made at the lowest possible price
C) Calculation of remaining stock is required to be made nearer to its market value
D) Goods are non-perishable in nature

37.The commission given to the consignee to meet any loss caused by bad debts is usually known as:
A) Del-credere commission
B) Over-riding commission
C) Ordinary commission
D) Super commission

38.Which of the following does not prepare account entitled as income and expenditure A/c.
A) A public limited company
B) A charitable organisation
C) A professional firm
D) A welfare club

39.Profit and loss on account of sale of depreciation fund investment is transferred to:
A) Profit & Loss Ale
B) Asset A/c
C) Depreciation fund A/c
D) Trading A/c

40.Income tax paid by a sole proprietor on his business income should be
A) Debited to Profit & Loss A/c
B) Credited to Profit & Loss A/c
C) Debited to Trading A/c
D) Debited to Capital A/c

41.Trade expenses are shown in
A) Debit side of Trading A/c
B) Credit side of Trading A/c
C) Debit side of Profit & Loss A/c
D) Credit side of Profit & Loss A/c

42.Bank reconciliation statement is prepared by the:
A) Banker
B) Customer of the bank
C) Reserve bank of India
D) Creditors of bank’s customer

43.The process of issuing a formal certificate of dishonour by a notary public to the holder of a bill is known as:
A) Noting

B) Protesting
C) Marking
D) Endorsing

44.An entry which is recorded in both the sides of three-column cash book is known as:
A) Contra entry
B) Complementary entry
C) Opposite entry
D) Compound entry

45.The practice of appending notes regarding contingent liability in accounting statements is in pursuant to:
A) Convention to consistency
B) Convention of conservatism
C) Money measurement concept
D) Convention of full disclosure

44.Payment of unrecorded liability on dissolution of a firm is debited to:
A) Revaluation A/c
B) Realisation A/c
C) Partner’s capital A/c
D) Liability A/c

45.A, B and C are partners sharing profit and loss in the ratio of 2:2:1. C retires.The new profit sharing ratio will be:
A) 2:1
B) 1:1
C) 1:2
D) 3:2

46.Repair to the machinery should be apportioned to different departments according to
A) Number of machines
B) Value of machinery
C) Floor area of machinery
D) Insurance value of machinery

47.The calculation of days from the date of transaction to the date of settlement is made by
A) Forward method
B) Perpetual method
C) Epoque method
D) Daily balance method

48.Cost incurred on direct material is:
A) Variable cost
B) Fixed cost
C) Imputed Cost
D) Fixed overhead

49.Under VED technique of material control, `V’ stands for
A) Very
B) Vital
C) Variable
D) Vast

50.Carrying cost does not include:
A) Cost of storage
B) Cost of spoilage in stores and handling
C) Transportation cost
D) Cost of placing orders

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