UPSC Civil Services Exam
Question : In cricket, hitting the ball in the air in such a way that the ball crosses the boundary is equal to a _______ run.
Option 1: 6
Option 2: 2
Option 3: 3
Option 4: 4
Correct Answer: 6
Solution : The correct option is 6.
When the ball crosses the boundary without touching the ground, it is known as six. The six runs made in a shot is the most exciting aspect of cricket. Some players are known for hitting more sixes than fours.
Question : Select the most appropriate synonym of the underlined word.
The benevolent gesture of the rich merchant was appreciated by all.
Option 1: Generous
Option 2: Sombre
Option 3: Numb
Option 4: Sober
Correct Answer: Generous
Solution : The correct answer is the first option.
Benevolent describes a kind and charitable disposition, often associated with goodwill and generosity. Generous shows a readiness to give more of something, especially money or time, than is strictly necessary or expected.
The meanings of the other options are as follows:
Sombre: This word means dark, gloomy, or serious.
Numb: This word refers to a lack of sensation or feeling.
Sober: This word can mean serious, solemn, or not affected by alcohol.
Question : Case Study 86
JKL Enterprises is a well-known company with its shares listed on a stock exchange. The company's management is reviewing the concept of opening a demat account.
Question :
What is the primary advantage of holding securities in a demat account?
Option 1: Higher dividend payouts
Option 2: Reduced risk of fraud
Option 3: Increased voting rights
Option 4: Lower income tax rates
Correct Answer: Reduced risk of fraud
Solution : The correct answer is (b) Reduced risk of fraud
The primary advantage of holding securities in a demat account is the "reduced risk of fraud." Demat accounts hold securities in an electronic, dematerialized form, eliminating the risks associated with holding physical share certificates. With electronic records and a secure system in place, the risk of theft, forgery, loss, or other fraudulent activities often associated with paper-based securities is significantly reduced, providing a more secure and efficient way to hold and trade securities. While holding securities in a demat account offers other benefits such as ease of access and convenience, reducing the risk of fraud is a key advantage.
Question : Directions: Select the venn diagram that best illustrates the relationship between the following classes. Sisters, Nephews, Mothers
Option 1:
Option 2:
Option 3:
Option 4:
Correct Answer:
Solution : Some mothers are sisters and some sisters are also mothers but nephews refers to the relationship between an individual and their sister's or brother's son.
Therefore, the Venn diagram will be as follows –
Hence, the third option is correct.
Question : Statement 1: Recruitment is the process of filling job vacancies.
Statement 2: Recruitment is unrelated to workforce needs.
Option 1: Both statements are true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 2 is true, but statement 1 is false.
Option 4: Both statements are false.
Correct Answer: Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.
Statement 1 is true as recruitment is indeed the process of filling job vacancies by attracting and selecting candidates. However, Statement 2 is false because recruitment is directly related to workforce needs. The purpose of recruitment is to meet the staffing requirements of an organization by identifying and attracting suitable candidates to fill specific job roles based on the organization's workforce needs and objectives.
Question : X, Y and Z are partners in a firm sharing profits and losses in the ratio of 4 : 3: 1. As per the terms of Partnership deed on the death of any partner, Goodwill of deceased Partner was to be valued at 50% of the net profits credited to that Partner’s Capital A/c during the last three completed years before her death. Books are closed on 31st December each year. X died on 29th February 2016. The profits for the last five years were :
2011 — Rs.60,000, 2012 — Rs.97,000, 2013 — Rs.1,05,000, 2014 — Rs.30,000 and 2015 —Rs.84,000 On the date of X’s death, Building was found under valued by Rs.80,000, which was to be considered. The new profit sharing ratio between Y and Z will be equal.
Q.If X’s share of goodwill adjusted, Y ‘s capital account will be -------
Option 1: Debited by Rs 13,687
Option 2: Debited by Rs 41,062
Option 3: Credited by 13,687
Option 4: Credited by 41,062
Correct Answer: Debited by Rs 13,687
Solution : Answer = Debited by Rs 13,687
Total Profit of Last 3 years = 2,19000 X's Share of Profit = 2,19000 × 4/8 = 109500 X's Share of Goodwill = 109500 × 50 % = 54750 G. Ratio = NR - OR Y = 1/2 - 3/8 = 4.3/8 = 1/8 Z = 1/2 - 1/8 = 4-1/8 = 3/8 G. Ratio = 1:3 Y's Capital A/C Dr 13687 Z's Capital A/C Dr 41063 To X's Capital A/C 54750 (G. Ratio = 1:3) Hence, the correct option is 1.
R, B and L were partners in a firm sharing profits and losses in the ratio equally. With effect from 1st April, 2018 they decided to share future profits and losses in the ratio of 3:2:1. On that date their Balance Sheet showed a debit balance of Rs. 24,000 in Profit and Loss Account and a balance of Rs. 1,44,000 in General Reserve.
It was also agreed that:
(a) The goodwill of the firm be valued at Rs. 1,80,000.
(b) The Land (having book value of Rs. 3,00,000) will be valued at Rs. 4,80,000.
Treatment of General Reserve?
Option 1: Debited each partners capital account with Rs 48,000
Option 2: Credited each partners capital account by Rs 48,000
Option 3: Both 1 and 2
Option 4: None of the above
Correct Answer: Credited each partners capital account by Rs 48,000
Solution : Answer = Credited each partner's capital account by Rs 48,000
General Reserve A/c Dr 1,44,000
To R's Capital A/c 48000
To B's Capital A/c 48000
To L's Capital A/c 48000
(old ratio = 1:1:1) Hence, the correct option is 2.
Yes u can, but it is advisable to read basic books first by ur own and then join coaching as it help u better in class to gasp the concept
Here u can find the list of basic books and a telegram channel link where you can join and find prelim papers and study material
https://t.me/youngestaspirant
If you are in class 7 u should currently focus on all of you subject and make your base strong, and u have time to find and explore more carrier options which also you can look for according to your interest. You should focus on all subjects English maths science and social science as it is the best time to make ur base strong
Hello aspirant,
I believe that you are perhaps a little too young to be making preparations at this time.
It will still be another eight to ten years before you are even qualified to take the test. However, there is never a bad time to learn. The best thing you can do right now is read through each NCERT carefully. You should continue to do this even after moving on to the following standard. NCERT is the most crucial resource for preparation, which is why I say this.
You'll find it much simpler when you do begin your preparations a few years later.
Thank you
Hope it helps you.
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