GGSIP UNIVERSITY
BBA ENTRANCE EXAM
June 22, 2003
We are pleased to present a detailed analysis of the GGSIP University, BBA Entrance test that was held on June
22, 2003. The questions have been recalled with the help of PT students from across the nation.
A bird’s
„
„
„
eye view :
Duration : 150 minutes.
Number of questions : 150.
Sectional Analysis :
Section
Subject
English Usage +
Reading Comprehension
No. of questions
II
General Knowledge
38
III
Logical and Analyticla Aptitude
38
IV
Questions related to the
Business Aptitude and
Communication Skill
37
I
„
37
Marking Scheme :
® For each correct answer : 4 mark
® For each incorrect answer : – 1 mark
SECTION I
English Usage +
Reading Comprehension
This section comprised 19 questions on ‘English Usage’ and 18 questions on ‘Reading Comprehension’. The questions
on English Usage appeared as synonyms, antonyms and verbal analogies. In all 18 questions were asked, based on
two passages of 20-25 lines with a theme of “ Psychology ” and “ Sugarcane Production ”.
Directions for Q.1 – 9 : Question no. 1 – 9 were based on first passage, which is related to ‘Psychology’.
Directions for Q.10 – 18 : Question no. 10 – 18 were based on second passage, which is related to ‘Sugarcane
Production’.
Directions for Q.19 – 23 : For the given capitalized word, pick the option that is nearest in meaning.
19. VETO
(1) to inspect
Sol: Ans.(3)
(2)
Underwork
(3)
Prohibit
(4)
Grimace
20. INTREPID
(1) fearless
Sol :Ans.(1)
(2)
senseless
(3)
complacent
(4)
dull
21. NUNCIO
(1) author
Sol :Ans.(4)
(2)
contestant
(3)
referee
(4)
ambassador
(2)
small building providing pleasant view
(4)
typical storm
22. GAZEBO
(1) vegetable soup
(3) lizard
Sol: Ans.(2)
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(1) of (12)
23. RETRO
(1) upto date
Sol: Ans.(4)
(2)
urging reform
(3)
seeking very peace
(4)
echoing the past
Directions for Q.24 – 28 : For the given capitalized word, pick the option that is farthest in meaning.
24. EPHEMERAL
(1) dead
Sol: Ans.(3)
(2)
short lived
(3)
long lasting
(4)
alive
25. PERNICIOUS
(1) dangerous
Sol: Ans.(2)
(2)
beneficial
(3)
damaging
(4)
adverse
26. RECTITUDE
(1) virtue
Sol: Ans.(3)
(2)
morality
(3)
dishonesty
(4)
truthfulness
27. CREDO
(1) religion
Sol: Ans.(4)
(2)
cast
(3)
believe
(4)
disbelieve
28. CANDID
(1) frank
Sol: Ans.(3)
(2)
outspoken
(3)
assertive
(4)
forgetfulness
Directions for Q.29 – 37 : Select the option pair showing the same relationship as the question pair .
29. VINDICTIVE : REVENGE
(1) mild : mannerist
Sol :Ans.(3)
(2)
30. TRIGONOMETRY : MATHEMATICS
(1) Botany : Biology
(2)
Sol :Ans.(1)
forgetful : lapse
(3)
unemployed : work
(4)
discourse : audience]
Drawer : Table
(3)
Car : Engine
(4)
Shelf : Almirah
Questions 31 to 37 were also based on Verbal Analogies
SECTION II
General Knowledge
Directions for Q.38 – 75 : For the following questions, choose the correct option :
38. Who was Mahmood Ghazani’s father ?
(1) Anandpal
(2) Alaptgin
Sol. Ans.(2)
(3)
Subuktyin
(4)
Jayapala
39. Who was the last Nanda ruler ?
(1) Mahapadmanand
(2)
Sol. Ans.(1)
(3)
Chandragupta
(4)
Samudragupta
(3)
124
(4)
424
(4)
None of the above
Chanakya
40. How many islands are there in Andamans ?
(1) 324
(2) 239
Sol. Ans.(2)
41. Who is winner of FIDE world chess champaionship held in Tehran ?
(1) Alexei Shirov
(2) Gary Kasporov
(3) Viswanathan Anand
Sol. Ans.(3)
42. Name the Indian super star whose wax figure was unveiled recently in madam Tussad’s wax museum in London :
(1) Rajkapoor
(2) Shahrukh Khan
(3) Amitabh Bachchan
(4) None of the above
Sol. Ans.(3)
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(2) of (12)
43. Famous book “A Brief History of Time” is written by :
(1) Sushila Nagar
(2) Colin Powell
Sol. Ans.(3)
(3)
Stephen Hawking
(4)
Bill Gates
44. Who bagged bronze medal for India at the Sydney Olympics 2000 ?
(1) Karnam Malleshwari
(2) Malaika Arora
(3) Shiny Abraham
Sol: Ans.(1)
(4)
P. T. Usha
45. Millennium peace award went to which personality recently ?
(1) Mr. Krishna Joshi
(2) Mr. Kofi Annan
(3)
Sol: Ans.(4)
(4)
None of the above
Mr. Giriraj Kishore
46. Best tourist friendly National Park as announced by union ministry of tourism is :
(1) Rajaji Sanctuary
(2) Kalakkadu Tiger Reserve Project
(3) Criv Forest
(4) Chattisgarh’s Kanha National Park
Sol: Ans.()
47. The first prototype of India’s indigenously developed Light Combat Aircraft was test flown in Bangalore on :
(1) Jan. 14, 2001
(2) Jan. 4, 2001
(3) Jan. 24, 2001
(4) Jan. 3, 2001
Sol: Ans.(2)
48. A killer supercyclone destroyed large part of which Eastern state of India in the year :
(1) 1999, Assam
(2) 1999, Bihar
(3) 1999, West Bengal
(4)
Sol: Ans.(4)
1999, Orissa
49. Lara Dutta has won the award of :
(1) Miss Universe
(2) Miss World
Sol. Ans.(1)
(4)
None of the above
50. Which of the following was the world’s first women Prime Minister ?
(1) Indira Gandhi
(2) Margaret Thatcher
(3) Sirimavo Bandaranaike (4)
Sol. Ans.(3)
None of the above
(3)
Miss Asia Pacific
51. Recently Microsoft tied up with which of the following Indian companies to work towards the next generation software :
(1) Infosys
(2) Wipro
(3) Pentasoft
(4) Mindtree
Sol. Ans.(2)
52. Name of the small car launched by Maruti is :
(1) Alfa
(2) Alto
Sol. Ans.(2)
(3)
Matiz
(4)
Golf
53. Small Pox vaccination is invented by :
(1) Edward Jenner
(2) Sir Robinson Rose
Sol. Ans.(1)
(3)
Thomas Alva Edison
(4)
None of the above
54. ELISA test is used for :
(1) AIDS
Sol. Ans.(1)
(3)
Pneumonia
(4)
None of the above
(2)
Malaria
55. On september 1932 Mahatma Gandhi began a ‘fast unto death’ in Yeravada jail against :
(1) British repression of the Satyagrahs
(2) Violation of the Gandhi-Irwin pact
(3) Communal award of Ramsay Macdonald
(4) Communal riots in calcutta.
Sol. Ans.(3)
56. The gas used for artificial fruit ripening green fruit is :
(1) Ethylene
(2) Acetylene
Sol. Ans.(2)
57.
What is NABARD’s primary role :
(1) To provide term loans to state co operative
(3) Act as rural finance institution
Sol. Ans.(4)
(3)
Ethane
(4)
(2)
(4)
To assist state Government for share capital
All of the above
58. How many times has Atal Bihar Vajpayee been sworn in as the Prime Minister of India ?
(1) 1
(2) 2
(3) 3
(4)
Sol. Ans.(3)
Methane
4
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(3) of (12)
59. Which state did the America buy from the Russians in 1867 ?
(1) Washington
(2) Hawaii
(3)
Sol. Ans.(3)
(4)
California
60. Who among the following is renowned in the field of painting ?
(1) Praveen sultan
(2) Prof. T. N. Krishnan
(3) Ram Kinkar
Sol. Ans.(4)
(4)
Raja Ravi Verma
61. Famous book “The company of woman” is written by :
(1) Khushwant singh
(2) Salman Rushdie
Sol. Ans.(1)
(4)
None of the above
(3)
Alaska
Kiran Bedi
62. The recent supreme court judgement on the Sardar Sarovar Dam Project on the Narmada river has allowed construction
of the dam up to what height ?
(1) 70m
(2) 110m
(3) 90m
(4) None of the above
Sol. Ans.(3)
63. The winner of Dada Saheb Phalke Award 1999 is :
(1) Shyam Benegal
(2) Hrishikesh Mukharjee (3)
Sol. Ans.(2)
Subhash Ghai
64. Chief Minister of Jharkhand is :
(1) Babu lal Marandi
(3) Mr. Chhotu Lal Marandi
Sol. Ans.(2)
Arjun Munda
Ram Singh Namdhari
(2)
(4)
(4)
Mrinal Sen
65. Population of India is :(at 0:00 hours on 1st March 2001)
(1) 1,027,015,247
(2) 1,520,015,247
(3)
Sol. Ans.(1)
1,456,015,247
(4)
None of the above
66. India’s 27th state is :
(1) Chattisgarh
Sol. Ans.(2)
Uttranchal
(3)
Jharkhand
(4)
None of the above
67. Chattisgarh is which numbered state of India :
(1) 26 th
(2) 27 th
Sol. Ans.(1)
(3)
28 th
(4)
29 th
68. Chief Minister of Jharkhand is :
(1) Babu lal Marandi
(3) Mr. Chhotu Lal Marandi
Sol. Ans.(2)
(2)
(4)
Ram Singh Namdhari
Arjun Munda
69. Mr. Jyoti Basu has been the chief minister of West Bengal for ...... years.
(1) 20
(2) 24
(3) 14
Sol. Ans.(2)
(4)
21
70. Which of the following Kannad actor was kidnapped 31, 2002
(1) Rajkumar
(2) Nagarjun
(3)
Sol. Ans.(1)
(4)
Rajnikant
71.
Convinced in JMM case :
(1) Shibu Soren
(3) Mr. Chhotu Lal Marandi
Sol. Ans.(1)
(2)
(2)
(4)
Prabhudeva
Ram Singh Namdhari
None of the above
Questions 72 to 75 were also based on General Knowledge.
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(4) of (12)
SECTION III
Logical and Analytical Aptitude
Directions for Q.76 – 114 : For the following questions, choose the correct option :
76. TICKET : ADMISSION :: ........
(1) School : Book
(2)
Sol. Ans.(3)
Strong : Moral
(3)
Money : Luxuries
(4)
Coat : Pocket
Find out the missing number on the basis of a certain trend in the following questions 77 and 78
466
398
341
282
250
?
77.
(1) 298
(2) 232
(3)
Sol. 2 × (466 – 341) = 250, 2 × (398 – 282) = 116. Ans.(2)
78.
5
6
25 42
2
10
7
(1)
Sol.
72
(2)
17
26
350
(4)
27
(4)
268
3
21
20
?
(3)
73
21
25
42
+ 20 = 27 . Ans.(3)
+2 = 7 ,
+ 10 = 17 ,
3
5
6
79. The average age of a cricket team is 27 years. Two players with 24 years of age are replaced by new players of 23
and 28 years of age. What is the average age of team now ?
(1) 27
(2) 26
(3) 24
(4) 28
Sol. Let, the total number of players in the team = 11 Then total age of 11 members = 27×11= 297 years. After replaced
two players with 24 years of age by new players of 23 and 28 years of age. Total age = 297 – 48 + 51 ⇒ 294.
Hence required average = 294 = 26.7 ≅ 27 years. Ans.(1)
11
80. By arranging the letters EPROPC properly we get the name of a metal, of which the first letter will be ....
(1) R
(2) P
(3) C
(4) E
Sol. The metal is copper. Ans.(3)
81. Which one of the answer figures is correct on the basis of questions figures.
Question figures
::
:
:
?
Answer figure
(1)
Sol. Ans.(3)
(2)
(3)
(4)
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(5) of (12)
82. Mr. V & Mr. A start from fixed point Mr. V moves 3 km north and turns right and then covers 4 km. Mr. A moves 5 km
west and turns right and walks 3 km. The distance between Mr. V and Mr A is now :
(1) 10 km
(2) 9 km
(3) 7 km
(4) 6 km
Sol: Required Distance =
81 − 36 = 45 = 6.70 Ans.(3)
83. The distance of two stations X and Y is 220 kms. train starts from X to Y at a speed of 80 km per hour. After 30 minutes
another train start from Y to X at a speed of 100 km per hour. Find out the distance from X where both the train cross.
(1) 120 km
(2) 130 km
(3) 140 km
(4) 150 km
Sol: When the second train starts from station Y, distance between both the trains = 180 kms. Now since first train’s
speed is 80 kmph and the second train’s speed is 100 kmph, both the trains will meet after one hour. Hence distance
from station X when both the trains cross each other = 40 + 80 = 120 km. Ans.(1)
84. In a certain code ‘TRIPPLE’ is written as ‘SQHOOKD’. How ‘DISPOSE’ can be written in that code ?
(1) CHRONRD
(2)
CHROORD
(30 CHROMRD
(4) CHROMSD
Sol: Ans.(1)
85. In a certain code language ‘GRAPE’ is written as 27354 and ‘FOUR’ is written 1687. How is ‘GROUP’ written in that
code ?
(1) 27684
(2) 27864
(3) 27685
(4) 27384
Sol: Ans.(3)
86. Problem Figures
Answer figures
(1)
Sol: Ans.(1)
(2)
87. KITE : BIRD :: ..... : FISH
(1) Thread
Sol: Ans.(4)
(3)
(2)
(4)
Boy
(3)
Crow
(4)
88. Encumber : Burden : : ..... : .....
(1) World load : Weariness
(3) Reptile : Poisonous
Sol: Ans.(4)
(2)
(4)
Behead : Sum up
Recapitulate : Synopsize
89. Embroil : Strife : : ..... : .....
(1) Counteract : Performance
(3) Predicate : Conclusion
Sol: Ans.(2)
(2)
(4)
Arbitrate : Settlement
Infiltrate : Cull
Submarine
90. Eight : Nine : : ..... : .....
(1) Ten : Nine
Sol: Ans.(4)
(2)
Six : Twelve
(3)
Four : 2
(4)
23 : 3 2
91. Ham : Pork :: ..... : .....
(1) Wine : Grapes
Sol: Ans.(1)
(2)
Jelly : Sandwich
(3)
Chocolate : Coffee
(4)
Ingredients : Curry
92. Find the odd one out
(1) Iron
Sol: Ans.(3)
(2)
Copper
(3)
Mercury
(4)
Silver
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(6) of (12)
93. Find the odd one out
(1) T
Sol: Ans.(4)
(2)
S
(3)
H
(4)
E
94. If ‘DATE’ is coded as ‘WZGV’. How will you code ‘COME’ ?
(1) XLNV
(2) YD2K
(3) AFBM
(4) YEAK
Sol: D is 4 th letter from starting of English alphabet while W is 4 th letter from last of English alphabet.
A is 1 st letter from starting of English alphabet while Z is 1 st letter from last of English alphabet.
T is 20 th letter from starting of English alphabet while G is 20 th letter from last of English alphabet.
E is 5 th letter from starting of English alphabet while V is 5 th letter from last of English alphabet.
Hence, COME = XLNV. Ans.(1)
95. If ‘HOTEL’ is codes as 12. How will you code ‘BORE’ ?
(1) 12
(2) 10
(3) 15
(4) 20
Sol: H = 8, O = 15, T = 20, E = 5, L = 12. Hence, HOTEL = 60/Number of letters in HOTEL = 60/5 = 12.
B = 2, O = 15, R = 18, E = 5. BORE = 40/ Number of letters in BORE = 40/4 = 10. Ans.(2)
96. If A = 0.0, B = 0.1, C = 0.2 and so on, how will you write F & K ?
(1) 5.0 & 1.5
(2) 0.5 & 0.1
(3) 0.5 & 1.0
Sol: Ans.(3)
(4)
0.5 & 1.01
Directions for Q. 97 - 99 : Study the diagram care fully and answer the questions.
1
7
4
5
3
2
Youths in village
Unemployed youths
Educated
97. Educated youth in villages are represented by :
(1) 5
(2) 4
Sol: Ans.(4)
(3)
6
98. What does no. 4 represent
(1) educated unemployed youths
(3) educated employed youths
Sol: Ans.(4)
(2)
(4)
uneducated youths in villages
unemployed youths in villages who are not educated
99. Uneducated unemployed youths in village are represented by ?
(1) 5
(2) 4
(3) 6
Sol: Ans.(2)
(4)
(4)
7
7
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(7) of (12)
100. Select the appropriate diagram representing Red Fort, Delhi and India ?
(1)
(2)
(3)
(4)
Sol: Ans.(2)
101. Study the adjacent diagram and find the value of ‘x’
(1) 64
(3) 15
Sol: Ans.(4)
5
(2)
(4)
19
Indeterminate
3
x
60
12
4
102. Sita and Mona are Narain’s wives. Bindu Mona’s step-daughter. How is Sita related to Bindu ?
(1) Sister
(2) Mother
(3) Mother-in-law
(4) None
Sol: Ans.(2)
Directions for Q. 97 - 99 : Read the following information carefully and answer the questions that follow :
Amit is son of Rahul. Sarika, Rahul’s sister has a son Sonu and daughter Rita. Raja is the maternal uncle of Sonu.
103. How is Amit related to Sonu ?
(1) Nephew
(2)
Sol: Ans.(2)
Cousin (brother)
104. How many nephews does Raja have in above question ?
(1) 1
(2) 2
Sol: Ans.(3)
(3)
Uncle
(4)
None of the above
(3)
3
(4)
0
(3)
4
(4)
None
105. How many 9s sandwiched between 6 and 7 ?
6 9 6 9 9 6 6 7 6 9 7 9 6 6 9 7 7 6 6 7
(1) 2
Sol: Ans.(2)
(2)
3
106. Study the diagram. If a person starts walking from point A and wants to reach point B,
in how many directions will that person have to walk ?
(1) 10
(2) 8
(3) 20
(4) 4
Sol: Ans.(2)
107. Statement : All men are theists.
Which assumption underlies the statement ?
(1) No man is atheist
(3) Some theists are not men
Sol: Ans.(2)
(2)
(4)
B
A
Some men are theists
Some men are not atheists
108. A man who is very fond of food and drinks of high quality is called :
(1) lusty
(2) hedonist
(3) epicure
Sol: Ans.(3)
(4)
stoic
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(8) of (12)
Directions for Q. 97 - 99 : Study the Diagram and Answer the following question
D
C
11%
A = Raw material cost
B = Packing material cost
C = Fixed Manufacturing Exp.
D = Labour Cost
A
49%
B
39%
109. Find the value of D :
(1) 1.5 %
Sol: Ans.(3)
(2)
0.05%
(3)
0.5 %
(4)
5.0 %
110. If the total cost of production is Rs. 128.3 lac what is the share of packing material cost alone ?
(1) Rs. 58 lac
(2) Rs. 39.5 lac
(3) Rs. 57 lac
(4) 50.7 lac
Sol:
39
× 1283
. = 50.037 . Ans.(4)
100
111. Out of the total cost of Production, the Packing and Raw material costs together represents Rs. ..... of the total
cost of production.
(1) 88 lac
(2) 111 lac
(3) 1133 lac
(4) None of the above
Sol:
(39 + 49)
78
× 1283
. =
× 1283
. = 100074
.
. Ans.(4)
100
100
112. Opt the odd one out
(1) OpRs
Sol: Ans. (3)
(3)
TuWx
(3)
FgHi
(4)
113. If the first day of a leap year is Monday, what will be the last day of the same year ?
(1) Monday
(2) Tuesday
(3) Saturday
(4)
Sol: Ans.(4)
LNOp
Wednesday
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
Overall analysis
(9) of (12)
The test was easy and a well prepared
student would be in a position to crack it.
SECTION III
Aptitude related to the field of Management and Communication
Directions for Q.114 – 150 : For the following questions, choose the correct option :
114. When a public sector business undertaking is brought under private ownership and management, it is known as :
(1) Disinvestment
(2) Investment
(3) Privatization
(4) Nationalisation
Sol: Ans.(3)
115. A shift in demand for automobile tyres will be caused by :
(1) prices of tyres
(2)
(3) Prices of fuel oil consumer preference
(4)
Sol: Ans.(1)
prices of automobiles
None of the above
116. The most important economic function of the stock exchange is :
(1) to protect the interest of investors
(2) to assist capital formation
(3) to facilitate speculation
(4) to provide a ready market for existing shares and debentures
Sol: Ans.(4)
117. Euro is not yet accepted in :
(1) United Kingdom
(2)
Sol: Ans.(1)
Germany
118. Net worth of a business means :
(1) Equity Shares Capital
(3) Total Liabilities
Sol: Ans.(2)
(3)
Norway
(4)
Holland
(2)
(4)
Total Assets
Fixed assets minus current assets
119. A car valued at Rs. 1, 20, 000 was insured for only Rs. 1,00, 000. The car met with serious accident but actual loss
Rs. 70,000. The insurance claim will be :
(1) Rs. 1,00,000
(2) 7/10 of Rs. 1, 20, 000
(3) Rs. 70,000
(4) Rs. 1, 20, 000
Sol: Ans.(3)
120. With steadily rising price in economy, those who benefit the most are :
(1) Businessmen
(2) Employees
(3) Debtors
(4) Creditors
Sol: Ans.(4)
121. Black Money is generated as and when people :
(1) resort to illegal printing of currency notes
(3) sell and buy goods without generating properd fills
Sol: Ans.(3)
(2)
(4)
have access to foreign exchange earning
store a log of money in their home
122. The Indian Rupee was devalued in 1991 to :
(1) increase exports
(3) improve the terms of trade
Sol: Ans.(4)
(2)
(4)
reduce exports
correct the adverse balance of payments position
123. Dalal street is famous stock exchange of :
(1) Calcutta
(2) Delhi
Sol: Ans.(3)
(3)
Bombay
(4)
Dubai
Canara Bank
(4)
EXIM Bank
124. Which of the following is a special category bank :
(1) Bank of India
(2) Central Bank of India (3)
Sol: Ans.(4)
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(10) of (12)
125 Which of the following sectors contribute the most to domestic savings in India :
(1) Public Sector
(2) Service Sector
(3) Agriculture Sector
Sol: Ans.(2)
(4)
NRIs
126. A cheque becomes stale after a certain period from the date of issue, that is often
(1) 3 months
(2) 4 months
(3) 5 months
Sol: Ans.(4)
(4)
6 months
127. Sea transport is generally cheaper than air transport due to :
(1) carriages of bulky cargo
(2)
(3) carriage of varied goods
(4)
Sol: Ans.(1)
lower insurance premium
lower cost of loading and unloading cargo
128. Deliberate reduction in the value of a currency in turns of a foreign currency is known as :
(1) depreciation
(2) deflation
(3) devaluation
(4) demonetisation
Sol: Ans.(3)
129. A standing order with a bank can be conveniently used for payment of :
(1) Electricity bills
(2) Telephones bills
(3) Grocery bills
Sol: Ans.(4)
(4)
mortgage repayments
(4)
dormant partner
130. “Loss of profits” insurance covers a business against the risk of :
(1) temporary closure as a result of fire
(2) losses due to recession in trade
(3) pilferage by customers
(4) fraud by employees
Sol: Ans.(2)
131. A partner who does not share profit or loss of business is known as :
(1) active partner
(2) sleeping partner
(3) nominal partner
Sol: Ans.(3)
132. USP stands for :
(1) Unit selling price
(3) Unique selling point
Sol: Ans.(2)
(2)
(4)
Unique selling proposition
Under sale price
133. When a cheque is returned by the bank marked ‘Refer to drawer’ it means the drawer :
(1) has not filled the cheque form properly and must correct it before payment
(2) has instructed the bank to stop payment
(3) wanted to be contacted before the cheque was cashed
(4) had insufficient funds in his account to pay the cheque
Sol: Ans.(4)
134. A speculator who applies for new shares with a view to prompt selling is called :
(1) Bull
(2)
Stag (3)
Sol: Ans.(1)
Bear (4)
135.A person need not have a bank account to obtain :
(1) a credit card
(2) a bank draft
Sol: Ans.(2)
(4)
(3)
a loan
Straddle
an overdraft
135. Which among the following sources makes the maximum contribution to general revenues of the government ?
(1) customs duty
(2) income tax
(3) excise duty
(4) corporation tax
Sol: Ans.(3)
136. Factoring is a method of :
(1) collecting dues from customers
(3) distribution gifts
Sol: Ans.(1)
(2)
(4)
allocating funds among departments
making payment to creditors
137. A term which is used to mean any kind of security traded on a stock exchange is :
(1) Remisier
(2) Option
(3) Scrip
Sol: Ans.(3)
(4)
Chip
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(11) of (12)
138. A ‘letter of credit’ used in foreign trade is a letter issued by :
(1) a bank
(2) importer
(3)
Sol: Ans.(1)
exporter
139. Producing a number of similar components at the same time in a factor is known as :
(1) Flow/line production
(2) Batch production
(3) mass production
Sol: Ans.(3)
(4)
insurance company
(4)
Processing
140. Air India International is a :
(1) Private limited company
(3) Government company
Sol: Ans.(3)
(2)
(4)
Statutory Corporation
Public limited company
141. Banks create credit on the basis of :
(1) their securities
(3) their reserves with the Central Bank
Sol: Ans.(3)
(2)
(4)
certain rules
Cash deposited with them
142. The most crucial function of money is that of:
(1) providing liquidity
(2) medium of exchange
Sol: Ans.(4)
(3)
expansion of credit
(4)
all the above.
Overall analysis
The test was easy and a well prepared
student would be in a position to crack it.
Disclaimer: All these questions have been memorised by PT students. We are merely reproducing a few of
them here in fragments to ensure that the huge community of students eagerly waiting to see an objective
comparison of their performance gets the right picture.
(12) of (12)