CA CPT Quantitative Aptitude - Index Numbers Practice Questions

1)

Laspeyre's index is based on


a)

Base year Quantities.

b)

Current year Quantities.

c)

Average of current year and base year.

d)

None of these.

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Sampling Theory Model Question Paper

1)

Sampling distribution approaches ________ distribution when the population distribution is not normal provided the sample size is sufficiently large.


a)

Binomial

b)

Normal

c)

Poisson

d)

None

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Theoretical Distributions Important Questions

1)

The manufacturer of a certain electronic component is certain that two per cent of his product is defective. He sells the components in boxes of 120 and guarantees that not more than two per cent in any box will be defective. Find the probability that a box, selected-at random, would fail to meet the guarantee? Given that e-2.40 = 0.0907


a)

0.26

b)

0.52

c)

0.43

d)

0.86

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Probability Study Materials

1)

For two events A and B, P(B)= 0.3, P (Abut not B) = 0.4 and P(not A) = 0.6. The events A and B are


a)

Exhaustive

b)

Independent

c)

Equally likely

d)

Mutually exclusive

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Correlation and Regression Sample Question Paper with Answer

1)

Neither y nor x can be estimated by a linear function of the other variable when r equals


a)

+ 1

b)

-1

c)

0

d)

None

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Measures of Central Tendency and Dispersion Study Materials

1)

The class having maximum frequency is called


a)

Model class

b)

Median class

c)

Mean class

d)

None of these

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Statistical Description of Data Sample Question Paper with Answer

1)

Unequal widths of classes in the frequency distribution do not cause any difficulty in the construction of


a)

Ogive

b)

Frequency polygon

c)

Histogram

d)

None

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Differential and Integral Calculus Important Questions with Answer

1)

Evaluate \(\int{e^{3x}+e^{-3x}\over e^x}dx\)


a)

\({e^{3x}\over3}-{1\over 2x}+c\)

b)

\({e^{2x}\over2}-{1\over 4e^{4x}}+c\)

c)

\({e^{3x}\over2}-{1\over 3e^{2x}}+c\)

d)

\(-{e^{2x}\over2}-{1\over 3e^{2x}}+c\)

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Limits and Continuity Important Questions

1)

A function f(x) is defined in (0,3) as follows f(x) = X2 when 0<x<1 = x when 1≤ x<2 = (1/4) x3 when 2≤x<3 now f(x) is continuous at -


a)

x = 1

b)

x = 3

c)

x = 0

d)

None of these

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Sets, Functions and Relations Study Materials

1)

The domain of {(1,7), (2,6)} is


a)

(1,6)

b)

(7,6)

c)

(1,2)

d)

(6,7)

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Sequence and Series Practice Questions

1)

The sum of n terms of the series 1+(1+3)+(1+3+5)+..... is


a)

\(\left( \frac { n }{ 6 } \right) (n+1)(2n+1)\)

b)

\(\left( \frac { n }{ 6 } \right) (n+1)(n+2)\)

c)

\(\left( \frac { n }{ 3 } \right) (n+1)(2n+1)\)

d)

None

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Permutations and Combinations Sample Question Paper

1)

(n-1)Pr+ r.(n-1)P(r-1) is equal to


a)

nCr

b)

\({\underline{|n}\over ^np_r}/(\underline{|r} \ \underline{|n-r})\)

c)

nPr

d)

None of these

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Simple Interest, Compound Interest and Annuity Study Materials

1)

Raja aged 40 wished his wife Rani to have Rs.40 Lakhs at his death. If his expectation of life is another 30 years and he starts making equal annual investments commencing now at 3% compound interest p.a. how much should he invest annually?


a)

Rs.84,448

b)

Rs.84,450

c)

Rs.84,449

d)

Rs.84,077

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Inequalities Important Questions

1)

If A = x - 2-1, B = x + 2-1, and A2 - B2 > 0, then


a)

x > 0

b)

x < 0

c)

x = 0

d)

x = A + B

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Equations Practice Questions

1)

If 6 = 2x+4y, what is the value of x+2y is


a)

2

b)

3

c)

6

d)

8

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Quantitative Aptitude - Ratio and Proportion Important Questions with Answer

1)

The angles of a triangle are in ratio 2:7:11. The angles are


a)

(200, 700, 900)

b)

(300,700,800)

c)

(180,630,990)

d)

None of these

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Money and Banking System in India Model Question Paper

1)

When we say that Money serves as a medium of exchange, we are considering the _______ aspect of Money.


a)

Static

b)

Dynamic

c)

Both (a) and (b)

d)

Neither (a) nor (b)

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Economic Reforms in India Sample Question Paper with Answer

1)

Fiscal Policy is concerned with-


a)

PublicRevenue,Public Expenditureand Public Dept

b)

Controlling the BOP situation

c)

Controlling the Banks

d)

None of the above

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Selected Aspects of Indian Economy Study Materials with Answer

1)

To check inflation, as a short-term measure, the Government may consider -


a)

Importing of basic goods

b)

Public Distribution of scarce essential commodities through Fair Price Shops

c)

Rationing of essential. goods

d)

All of the above

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Major Problems of Indian Economy Sample Question Paper

1)

------ focuses on construction / upgradation of houses to be given to the poor, free of cost.


a)

Indira AwasYojana (lAY)

b)

PradhanMantri Gram SadakYojana (PMGSY)

c)

Swaran Jayanti Gram Swarozgar Yojana(SGSY)

d)

National Rural Employment Guarantee Programme (NREGP)

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - General Profile of Indian Economy Important Questions

1)

In an under-developed economy, employment and under-employment are -


a)

Low

b)

High

c)

Moderate

d)

Nothing can be said

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Market Forms and Price Output Determination Theory Important Questions with Answer

1)

Automobile (Cars) Manufacturing Industry is an example of


a)

Perfect Competition

b)

Monopoly

c)

Monopolistic Competition

d)

Oligopoly.

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Cost and Revenue Concepts Study Materials

1)

Which of the following Costs does not include the contractual cash payments which the Firm makes to other Factor Owners for purchasing or hiring various factors?


a)

Private Costs

b)

Variable Costs

c)

Accounting Costs

d)

Implicit Costs

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Production Concepts Practice Questions

1)

In the initial stages, there will be increasing returns to scale, due to


a)

Indivisibility of Factors

b)

Specialisation in Factors

c)

Both (a) and (b)

d)

Neither (a) nor (b)

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Supply Analysis and Equilibrium Price Sample Question Paper

1)

Prices of Related Commodities are not a determinant of supply of a particular commodity. This statement is


a)

True

b)

False

c)

Partially True

d)

None of the above

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Demand Analysis Study Materials

1)

If the demand for a product is inelastic, an increase in its price will cause the Total Expenditure of the Consumers to___________


a)

Remain the same

b)

Increase

c)

Decrease

d)

Any of these

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Utility Analysis and Consumer Behaviour Important Questions

1)

______ indicates how much of one commodity is substituted for how much of another commodity.


a)

Marginal Utility

b)

Marginal Returns

c)

Marginal Rate of Substitution

d)

Marginal Income

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of General Economics - Meaning and Nature of Economics Practice Questions with Answer

1)

The Central Problems arise in case of


a)

Developed Economies

b)

Developing Economies

c)

Undeveloped Economies

d)

All of the above

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Mercantile Law - The Sale of Goods Act, 1930 Important Questions

1)

In a Contract of Sale, where Seller becomes insolvent after the Buyer has paid the price, the Buyer can


a)

claim the goods from Official Receiver of the Seller

b)

claim a rateable dividend for price paid

c)

either (a) or (b)

d)

sue the Official Receiver for refund of entire price paid.

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Mercantile Law - The Partnership Act, 1932 Model Question Paper

1)

In case of invalid expulsion of a Partner, the Firm automatically gets dissolved


a)

True

b)

Partly True

c)

False

d)

None of the above.

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Mercantile Law - The Indian Contract Act, 1872 - Void Agreements, Performance and Discharge Sample Question Paper with Answer

1)

Actual Breach may take place -


a)

expressly

b)

impliedly

c)

Either (a) or (b)

d)

Neither (a) nor (b)

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Mercantile Law - The Indian Contract Act, 1872 - Basics Study Materials with Answer

1)

The positive assertion of such fact, which is not true, though he believes it to be true, made in a manner not warranted by the information of the person making it, constitutes -


a)

Representation

b)

Misrepresentation

c)

Fraud

d)

Mistake

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Accounting for Companies Practice Questions with Answer

1)

ABC Ltd decides to redeem 13,000 Preference Shares of Rs 10 each at 10% premium. It has a balance in the P & L A/c of Rs 90,000, and a balance in the Securities Premium Account of Rs 3,000. calculate the minimum number of Equity Shares of Rs 10 each to be issued by the Company for the purpose of redemption, in each of the following options -
If the new issue is to be at par -


a)

4,000 Shares of Rs 10 each

b)

5,000 Shares of Rs 10 each at par

c)

4,700 Shares of Rs 10 each

d)

None of these

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Accounting for Partnership Firms Sample Question Paper with Answer

1)

On the death of partner his executors are paid the share of deceased partner in the profits of the firm till the date of his death. This amount is recorded in Profit and Loss _______ ,A/c.


a)

Adjustment

b)

Appropriation

c)

Suspense

d)

Reserve

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Accounting for Special Transactions Study Materials with Answer

1)

If unsold goods costing Rs. 20000 is taken over by Venturer at  Rs. 15000, the Joint Venture A/c will be credited by:


a)

Rs.20000

b)

Rs.15000

c)

Rs.5,000

d)

Nil

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Final Accounts of Sole Proprietors Important Questions with Answer

1)

State which one of the following equation is correct -


a)

Gross profit + Sales + Direct expenses + Purchases + Closing stock = Opening stock

b)

Gross profit + Direct expenses + Purchases + Closing stock - Opening stock = Sales

c)

Gross profit + Direct expenses + Purchases + Opening - Closing stock = Sales

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Depreciation Practice Questions

1)

In Jan. 2014 a trader purchased furniture for Rs.10,000 Depreciation is charged @ 25%. Diminishing balance. At the end of the third year it was sold for Rs.1,000. Profit or loss as sale will be-


a)

Profit Rs.2400

b)

Profit Rs.2300

c)

Loss Rs.2406

d)

Loss Rs.3219

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Inventories Important Questions

1)

Consider the following for Q Co. for the year 2013-1 -4-

Cost of goods available for sale Rs.1,00,000
Total sales Rs.80,000
Opening stock of goods Rs.20,000
Gross profit margin 25%

Closing stock of goods for the year 2013-14 was


a)

Rs.80,000

b)

Rs.60,000

c)

Rs.40,000

d)

Rs.36,000

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Bank Reconciliation Statement Model Question Paper

1)

Bank has debited Rs.125 for commission in pass-book. In the BRS, starting with Cash Book, this item will be


a)

Added to Cash Book balance

b)

Deducted from Cash Book balance

c)

Ignored

d)

Deducted twice from Cash Book balance

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Accounting Process Sample Question Paper with Answer

1)

Classify the errors affecting or not affecting trial balance
Goods of the value of Rs 376 were returned by Ram and were taken into stock on the same date but no entry was made in the books


a)

Will affect the trial balance

b)

Will not affect the trial balance

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read

CA CPT Basics of Accounting - Meaning and Scope of Accounting Theory Study Materials

1)

Ignore the market value of Long Term Assets-


a)

Going concern

b)

Realisation

c)

Conservatism

d)

Cost

Nov 25, 2019 | 54 Questions | 45 Mins | Click & Read