Practice Question and Answer
8Q: What is the full form of SOX and what does it means in Accounting ? 1323 05b5cc6cfe4d2b4197774e326
5b5cc6cfe4d2b4197774e326- Show AnswerHide Answer
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Answer :
Explanation :
Sarbanes Oxley Act. Otherwise known as Public companies Accounting reforms and investor protection Act. It was enacted in 2002 in USA after lot of scams come up on accounting framework whereby investors lose faith and confidence on accounting disclosures.
Q: Which city is known as "Queen of Arabian Sea" ? 2125 05b5cc6cfe4d2b4197774e321
5b5cc6cfe4d2b4197774e321- 1Vizagfalse
- 2Kakinadafalse
- 3Mumbaifalse
- 4Kochitrue
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Answer : 4. "Kochi"
Explanation :
Answer: D) Kochi Explanation:
Q: Which city is known as "City of Blood" in India ? 2474 05b5cc6cfe4d2b4197774e31c
5b5cc6cfe4d2b4197774e31c- 1Jaisalmarfalse
- 2Jodhpurfalse
- 3Yavatmalfalse
- 4Tezpurtrue
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Answer : 4. "Tezpur"
Explanation :
Answer: D) Tezpur Explanation: Tezpur is the city in the state of Assam is known as City of Blood.
Q: The Teesta River is flowing through which two Indian states ? 1375 05b5cc6cfe4d2b4197774e317
5b5cc6cfe4d2b4197774e317- 1Haryana & Punjabfalse
- 2Sikkim & West Bengaltrue
- 3West Bengal & Manipurfalse
- 4Assam & Uttarakhandfalse
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Answer : 2. "Sikkim & West Bengal"
Explanation :
Answer: B) Sikkim & West Bengal Explanation: The Teesta River is a 309 km long river flowing through the Indian states of West Bengal and Sikkim, before going to Bay of Bengal through Bangladesh.
Q: Where is Panch Mahal situated 1230 15b5cc6cfe4d2b4197774e312
5b5cc6cfe4d2b4197774e312- 1Fatehpur Sikritrue
- 2Gandhinagarfalse
- 3Allahabadfalse
- 4Varanasifalse
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Answer : 1. "Fatehpur Sikri"
Explanation :
Answer: A) Fatehpur Sikri Explanation: Fatehpur Sikri in Uttar Pradesh.
Q: Sagarmatha friendship is between which two countries ? 1574 05b5cc6cfe4d2b4197774e30d
5b5cc6cfe4d2b4197774e30d- 1Pakistan & Chinafalse
- 2Nepal & Indiafalse
- 3India & Chinafalse
- 4China & Nepaltrue
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Answer : 4. "China & Nepal"
Explanation :
Answer: D) China & Nepal Explanation: The first ever joint military exercise named 'Sagarmatha Friendship-2017' is all set between Nepal and China. Sagarmatha is the Nepali name for Mt Everest, which stands in between both the countries.
Q: An owner of a Dry fruits shop sold small packets of mixed nuts for Rs. 150 each and large packets for Rs. 250 each. One day he sold 5000 packets, for a total of Rs. 10.50 lakh. How many small packets were sold ? 1485 05b5cc6cfe4d2b4197774e308
5b5cc6cfe4d2b4197774e308- 12000true
- 23000false
- 32500false
- 43500false
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Answer : 1. "2000"
Explanation :
Answer: A) 2000 Explanation: Let 's' be the number of small packets and 'b' the number of large packets sold on that day. Therefore, s + b = 5000 ... eqn (1) Each small packet was sold for Rs.150.Therefore, 's' small packets would have fetched Rs.150s. Each large packets was sold for Rs.250.Therefore, 'b' large packets would have fetched Rs.250b. Total value of sale = 150s + 250b = Rs. 10.5 Lakhs (Given) Or 150s + 250b = 10,50,000 ... eqn (2) Multiplying equation (1) by 150, we get 150s + 150b = 7,50,000 ... eqn (3) Subtracting eqn (3) from eqn (2), we get 100b = 3,00,000Or b = 3000 We know that s + b = 5000So, s = 5000 - b = 5000 - 3000 = 2000. 2000 small packets were sold.
Q: If two fractions, each of which has a value between 0 and 1, are multiplied together, the product will be : 2506 05b5cc6cfe4d2b4197774e303
5b5cc6cfe4d2b4197774e303- 1always greater than either of the original fractionsfalse
- 2always less than either of the original fractionstrue
- 3sometimes greater and sometimes less than either of the original fractionsfalse
- 4remains the samefalse
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Answer : 2. "always less than either of the original fractions"
Explanation :
Answer: B) always less than either of the original fractions Explanation: We can easily Answer this by taking some values. The question states that the two fractions, each have values between 0 and 1.Let us say one of the fraction is 1/2 and the other fraction is 1/3 .The product of the two fractions is 1/2 x 1/3 = 1/6 . is lesser than both 1/2 and 1/3 .So, the correct answer is that the product is always less than either of the original fractions.