Practice Question and Answer
8 Q: Which of the following has appointed Nalin Negi as its new Chief Financial Officer (CFO)?
1654 062f21f4609a97851b62a7a28
62f21f4609a97851b62a7a28- 1Paytmfalse
- 2Google Payfalse
- 3Mobikwikfalse
- 4BharatPetrue
- 5Phonepefalse
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Answer : 4. "BharatPe"
Explanation :
Fintech startup BharatPe has appointed Nalin Negi, the former chief financial officer of credit cards issuer SBI Card, as its CFO.
Q: While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be:
1457 05f226f954ab50b169747d6e4
5f226f954ab50b169747d6e4- 140%false
- 2$$42{6\over 7}\%$$true
- 330%false
- 4$${17\over 2}\%$$false
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Answer : 2. "$$42{6\over 7}\%$$ "
Explanation :

Q: A merchant purchases a wrist watch for ₹ 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then the list price of the watch is
972 06246cf529809e154c7050fac
6246cf529809e154c7050fac- 1₹ 550false
- 2₹ 600true
- 3₹ 650false
- 4₹ 700false
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Answer : 2. "₹ 600"
Explanation :

Q: By selling 33 metres of cloth a person gain the cost price of 11 metres. find the gain%
1011 062ff77228921e519c148621b
62ff77228921e519c148621b- 1$$33{1\over3}\%$$true
- 2$$33{1\over2}\%$$false
- 333%false
- 4$$34{1\over3}\%$$false
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Answer : 1. "$$33{1\over3}\%$$ "
Explanation :

Q: A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is
886 06246cec8e6c50b4b29b7fe44
6246cec8e6c50b4b29b7fe44- 1₹ 120true
- 2₹ 110false
- 3₹ 180false
- 4₹ 150false
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Answer : 1. "₹ 120 "
Explanation :

Q: An item when sold for ₹ 1,690 earned 30% profit on the cost price. Then the cost price is
976 06246ce26e6c50b4b29b7fd4a
6246ce26e6c50b4b29b7fd4a- 1₹ 1,300true
- 2₹ 130false
- 3₹ 507false
- 4₹ 630false
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Answer : 1. "₹ 1,300 "
Explanation :

Q: By selling a car for ₹ 64,000, Mr. Rao lost 20%. Then the cost price of the car is :
1031 06246cd85e6c50b4b29b7f705
6246cd85e6c50b4b29b7f705- 1₹ 80,000true
- 2₹ 84,000false
- 3₹ 72,000false
- 4₹ 76,800false
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Answer : 1. "₹ 80,000 "
Explanation :

Q: First level elected body and Basic unit of democracy in Panchayati Raj system is-
1533 05f7c3d453f983379e3e34847
5f7c3d453f983379e3e34847- 1Gram Panchayattrue
- 2Panchayat Samitifalse
- 3Zila Parishadfalse
- 4Parliamentfalse
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Answer : 1. "Gram Panchayat"
Explanation :
1. The Ministry of Panchayati Raj is a branch of the Government of India that looks after the ongoing process of decentralization and local governance in the states.
2. The Panchayati Raj system is the system of local self-government in rural India. Just as self-governance of urban areas is carried out through municipalities and suburban municipalities, similarly self-governance of rural areas is carried out through Panchayati Raj institutions.
3. There are three levels of Panchayati Raj institutions.
(1) Village level: Gram Panchayat
(2) Block level: Panchayat Samiti
(3) District level: District Council

