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WorksheetsRound 1
Total questions: 25
Worksheet time: 8mins
Non Registration of a Partnership Firm is
Criminal Offence
Renders the partnership illegal
Is not compulsory but desirable
Complusary to activate the partnership
Carriage Inward is
Credited to P&L account
Debited to P&L account
Credited to Trading account
Debited to Trading account
BPO Stands for
Bharat Petroleum Organisation
Business Process Outsourcing
Business Portfolio Outsourcing
Business Partners Organisation
Sum of 2 Numbers = 52 & their Difference is 2. Numbers are
17 & 15
22 & 16
27 & 25
25 & 23
Which Accounting Standard talks about Cash Flow Statement
AS 2
AS 3
AS 6
AS 7
Vikrant & Co. is an example of
Real Account
Personal Account
Nominal Account
Accrual Account
Identify the Logos
Sony, BMW, Starbucks, KFC
Dolby, Mercedes, Starbucks, KFC
Sony, Mercedes,Nirma, KFC
Dolby, Star Plus, Nirma, KFC
Which of the following books is the work of Gandhiji?
Light of India
My Experiments with Truth
India Awakens
Tryst with Destiny
Which tax is currently levied on Entertainment?
Entertainment Tax
GST
Exercise Duty
VAT
New Profit Sharing Ratio is calculated at the time of
Admission of Partner
Retirement of Partner
Death of the Partner
All of the above
When __________, firm are earning normal profits
AC = AR
MC = MR
MC = AC
AR = MR
FEMA Stands for
Funds Exchange Management Act
Future Exchange Management Act
Forex Exchange Management Act
Foreign Exchange Management Act
Mohandas Karamchand Gandhi was called as Mahatma by
Bal Gangadhar Tilak
Motilal Nehru
Jawaharlal Nehru
Rabindra Nath Tagore
How many days did Mahatma Gandhi and his volunteers took to cover 24 mile journey from Sabarmati Ashram to Dandi?
32
20
10
24
During the Non-Cooperation Movement, which award did Gandhiji return?
Knighthood
Rai Bahadur
Kaiser-e-Hind
Hind Kesari
What is false about a Balance Sheet?
It is an account
It is prepared every month
Prepared to check mathematical accuracy
All the above
What was the name of Mahatma Gandhi's Mother ?
Leelawati
Putlibai
Kishoribai
Kusuma Devi
When Was IEHE Established
2002
1986
1995
1991
Sanjay Dutt, a noted film actor was held under
Narcotics Act
TADA
Prevention of Money Laundering Act
Possession of Drugs Act
Who was the Political Guru of Gandhi ji who inspired him to return to India and contribute to Indian Freedom Struggle?
Gopal Krishna Gokhale
Dayanand Saraswati
Ravindra Nath Tagore
None of the above
Who signs a 2000 Rs Note ?
Finance Minister
Supreme Court Judge
Prime Minister
RBI Governor
Basic Exemption Limit (Nil Tax) for a person of 80 Years as per Income Tax Act
2.5 Lakhs
3 Lakhs
5 Lakhs
7 Lakhs
Who was known as the Iron Man of India
Govind Ballabh Pant
Subhash Chandra Bose
Sardar Vallabh Bhai Patel
Jawahar Lal Nehru
What is kept outside the purview of GST?
Ice Creams
Leather Bags
Stainless Steel
Petroleum & Motor Spirit
Full Form of CRR
Cash Revenue Reserve
Cash Reserve Ratio
Credit Revenue Reserve
Credit Revenue Reserve
