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Manthan Management Fest 2024 Round 11

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the phenomenon where Earth's average temperature gradually increases due to human activities such as burning fossil fuels and deforestation?

a)

A) Global Cooling

b)

B) Global Warming

c)

C) Climate Change

d)

D) Ozone Depletion

2.

Who holds the record for the longest unbeaten streak in professional boxing?

a)

A) Rocky Marciano

b)

B) Floyd Mayweather Jr.

c)

C) Julio Cesar Chavez

d)

D) Joe Louis

3.

"Ship of Theseus" is a critically acclaimed Bollywood film directed by whom?

a)

A) Anurag Kashyap

b)

B) Vikramaditya Motwane

c)

C) Ritesh Batra

d)

D) Anand Gandhi

4.

Which of the following is NOT considered a component of Gross Domestic Product (GDP)?

a)

A) Government spending

b)

B) Net exports

c)

C) Household savings

d)

D) Investment

5.

Who holds the record for the most career Grand Slam tennis titles in the Open Era (as of 2022)?

a)

A) Serena Williams

b)

B) Roger Federer

c)

C) Rafael Nadal

d)

D) Novak Djokovic

6.

Which of the following is an example of a regressive tax?

a)

A) Sales tax

b)

B) Progressive income tax

c)

C) Property tax

d)

D) Corporate income tax

7.

What is the accounting principle that requires expenses to be reported in the same period as the revenues they help to generate?

a)

A) Matching Principle

b)

B) Revenue Recognition Principle

c)

C) Conservatism Principle

d)

D) Materiality Principle

8.

Which ecosystem is characterized by high levels of biodiversity and is often referred to as the "rainforests of the ocean"?

a)

A) Coral Reefs

b)

B) Tundra

c)

C) Grasslands

d)

D) Taiga

9.

Which accounting principle states that assets should be recorded at their original cost on the balance sheet?

a)

A) Historical Cost Principle

b)

B) Monetary Unit Principle

c)

C) Going Concern Principle

d)

D) Full Disclosure Principle

10.

What is the term used for the amount by which total revenue exceeds total expenses in a given period?

a)

A) Gross Profit

b)

B) Net Income

c)

C) Operating Income

d)

D) Earnings Before Interest and Taxes (EBIT)