HPSC PGT Screening Test 2023
- In a co-operative society which of the following principles is followed?
(A) One share one vote
(B) One man one vote
(C) No vote
(D) Multiple votes - The maximum number of partners allowed in the banking business are:
(A) Twenty
(B) Ten
(C) No limit
(D) Two - Price discrimination is successful if :
(A) the monopoly is powerful
(B) market is an international market
(C) price elasticity of demand is different in different markets
(D) buyers are mentally alert - Conditions of recession prevail when :
(A) Demand increases slowly
(B) Demand is sluggish
(C) Demand is more than supply
(D) No supply - The industries which provide support services to other industries are known as :
(A) Primary industries
(B) Secondary industries
(C) Commercial industries
(D) Tertiary industries - Window-dressing is prohibited by the convention of :
(A) Conservatism
(B) Disclosure
(C) Materiality
(D) Profitability - It is a characteristic of where in one roof goods are sold by making different departments.
(A) Multiple shops
(B) Departmental stores
(C) Wholesale trade
(D) Hawkers - Social responsibility is :
(A) Same as legal responsibility
(B) Broader than legal responsibility
(C) Narrower than legal responsibility
(D) No responsibility - When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as :
(A) Contract manufacturing
(B) Franchising
(C) Joint ventures
(D) Licensing - For membership of World Bank, it is necessary to be the member of :
(A) IMF
(B) UNCTAD
(C) WTO
(D) UNO - Outsourcing a part of entire production and concentrating on marketing operations in international business is known as :
(A) Licensing
(B) Franchising
(C) Contract manufacturing
(D) Joint venture - Which type of capital is low cost capital?
(A) Equity capital
(B) Debenture capital
(C) Preference capital
(D) Retained earnings - Which is the most short-term effective measure to control inflation?
(A) Price control
(B) Increase in supply of goods
(C) Increase in bank rate
(D) Open market operations - The determination and grouping of activities. Delegation of authority. span of management etc. are involved in the functioning of :
(A) Planning
(B) Organizing
(C) Directing
(D) Controlling - The manager. who motivates people explicitly or implicitly threatening punishment of some kind for non-cooperation is using :
(A) Positive leadership
(B) Negative leadership
(C) Centralized leadership
(D) Decentralized leadership - Mitakshara System of inheritance is found throughout India except in :
(A) U.P. and Bihar
(B) Bengal and Assam
(C) Assam and Meghalaya
(D) Bengal and Odisha - Match the following :
a. Dormant Partner
b. Joint Venture
c. Partnership Deed
d. Dissolution through Court
i. A partnership formed for a specific venture.
ii. Does not take part in the management of the firm.
iii. A partner becomes of unsound mind.
iv. A written agreement containing the terms and conditions of a partnership
(A) a-ii, b-i, c-iv, d-iii
(B) a-i, b-iv, c-ii, d-iii
(C) a-iv, b-i, c-iii, d-iv
(D) a-ii, b-iv, c-i, d-iii - The Reserve Bank of India is an example of company.
(A) Chartered
(B) Registered
(C) Statutory
(D) Government - “One man One Vote” is normally adopted by :
(A) Government Company
(B) Public limited company
(C) Co-operative society
(D) Private Limited - District Commission shall have Jurisdiction to entertain complaints when the value of goods or services paid as consideration is :
(A) 1 Crore to 3 Crore
(B) Less than 1 Crore
(C) 3 crore to 5 crore
(D) More than 5 crore - Prior to Jan 15, 1964, the ECGC functioned as :
(A) Exports Risks Insurance
(B) Export Corporation
(C) Export Insurance Corporation
(D) Export Risk Insurance Corporation - Walter model is bascd on the relationship between rate of return and
(A) Capitalisation
(B) Equity Capital
(C) Reserve and Surplus
(D) Debentures - Working Capital in a company can be used for financing the :
(A) Plant and Machinery
(B) Intangible Assets
(C) Land and Building
(D) Raw Materials - Successfully hiring, training and motivating able employees who want to serve the customers. well is :
(A) Internal Marketing
(B) Relationship Marketing
(C) Product Marketing
(D) Service Marketing - Starting point for understanding the buyer is :
(A) Stimulus
(B) Psychology
(C) Stimulus response
(D) Purchasing power - Which is the accounting concept that requires the practice of crediting closing stock to the Trading Account?
(A) Going Concern
(B) Cost
(C) Realisation
(D) Matching - Posting is done from :
(A) One subsidiary to another
(B) Ledger to subsidiary book
(C) Subsidiary to Ledger
(D) Ledger to Ledger - Accelerated methods of depreciation are favoured because of :
(A) considerable savings in taxes
(B) the fact that assets are more productive in earlier than later years
(C) the possibility of raising more resources for the replacement of assets
(D) the provisions in the Companies Act - ‘A’ is admitted as a new partner and agrees to pay Rs. 5,000 as premium, but brings only Rs. 4000 in cash. The balance of Rs. 1000 must be debited to :
(A) Goodwill account
(B) A’s loan account
(C) A’s Current account
(D) A’s Capital Account - For an item of 500 units existing sales are Rs. 1,00,000, Variable costs are Rs. 60,000, Fixed costs are Rs. 24,000. If selling price is reduced by 10%, then which of the following is the breakeven point sales quantity?
(A) 450 units
(B) 500 units
(C) 400 units
(D) 334 units - Which of the following is an example of cash flow from investing activity?
(A) Interest received by a non-financial company
(B) Proceeds from issue of shares
(C) Dividend received by a financial enterprise
(D) Cash purchase of inventories - A machine was purchased on 1.4.2015 at a cost of Rs.1,00,000 and its useful life was estimated to be 10 years. Its replacement cost was Rs. 18,00,000 on 1.4.2020 and Rs. 20,00,000 on 31.03.2021. What is the amount of depreciation adjustment?
(A) Rs. 80,000
(B) Rs. 90,000
(C) Rs. 1,00,000
(D) Rs. 95,000 - Which of the following model suggests valuation of human assets on group basis rather than on individual basis?
(A) Jaggi and Lau model
(B) Flam Holtz model
(C) Lev and Schwartz model
(D) Morse net benefit model - In the question given below are two statements labelled as Statement I and statement II. Examine the statements and select the correct option.
Statement I : Business refers to all those human activities which are related with production and distribution of goods and services.
Statement II : Environment refers to all internal and external forces which have a bearing on the functioning of business.
(A) Statement-I is correct.
(B) Statement-II is correct.
(C) Both statements are correct.
(D) Both statements are not correct. - Which of the following is true about the Statutory Corporation?
(A) Statutory Corporations are public enterprises that come into existence by a special act of parliament.
(B) Statutory Corporations are subject to the same accounting and audit procedures as are applicable to government.
(C) Statuary Corporations are directly funded by the government treasury.
(D) The employees of Statuary Corporations are civil servants. - A partner can transfer his share to an outsider :
(A) without the consent of other partners but with the consent of registrar.
(B) without the consent of government.
(C) with the consent of court.
(D) with the consent of other partners. - Demand Deposits includes :
(A) Savings account deposits and fixed deposits.
(B) Savings account deposits and current account deposits.
(C) Current account deposits and fixed deposits.
(D) Only fixed deposits. - Which of the following pairs is incorrectly matched?
List-I (Strategic Alternative)
(A) Stability Strategy
(B) Expansion Strategy
(C) Turnaround Strategy
(D) Dinvestment strategy
List-II (Attributes)
— Maintaining the existing business without any significant variations or additions.
— An attempt to grow either by intensification or by diversification
— The strategic option which entails reduction of existing product or service line, to improve performance in reaching objectives.
— Shedding business units or product divisions or segments to re-employ resources for better performance. - According to which theory, one country may be more efficient in producing a particular goods than another country and that another country may be capable of producing some other goods more efficiently than the first one?
(A) Theory of comparative advantage.
(B) Theory of absolute advantage.
(C) Theory of international product life cycle.
(D) Theory of mercantilism. - In the question given below are two statements labelled as Statement I and statement II.
Examine the statements and select the correct option.
Statement I : A Global Depositary Receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company.
Statement II : GDRs are called EDRs when private markets are attempting to obtain Euros.
(A) Statement-I is correct.
(B) Statement-II is correct.
(C) Both statements are correct.
(D) Both statements are incorrect. - In India a Credit Bureau is governed by which of the following Act?
(A) Credit Information Companies (Regulation) Act of 2005
(B) Companies Act, 2013
(C) Banking Regulation Act, 1949
(D) Securities and Exchange Board of India (Credit Rating Agencies) Regulations. 1999 - Which of the theory of business ¢thics is involved when decisions and actions are governed by set rules and principles?
(A) Teleological Theory
(B) Deontological Theory
(C) Theory of distributive justice
(D) Virtue theory - According to Milton Friedman the focus of CSR should be :
(A) Only to increase the profits of business within the existing rules and regulation.
(B) Giving part of profits to worthy charities.
(C) Providing financial assistance to colleges and universities.
(D) Making sure the company is as green as possible. - In the question given below are two statements labelled as Statement I and statement II. Examine the statements and select the correct option.
Statement I : Globalisation implies integration of economy of country with global economy.
Statement II : Globalisation focused on industrialization.
(A) Statement-I is correct.
(B) Statement-II is correct.
(C) Both statements are Incorrect.
(D) Both statements are correct. - In the question given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct ?
Assertion (A) : Management is a dynamic function which is to be performed continuously.
Reason (R) : Policies and procedures of management are quickly changed to cope with the changing business environment.
(A) Both (A) and (R) are correct, and (R) is the correct explanation of (A).
(B) Both (A) and (R) are incorrect, but (R) is not the correct explanation of (A).
(C) (A) is correct, but (R) is incorrect.
(D) (A) is incorrect. but (R) is correct. - Principle of management which implies that there should be “One Head and One Plan™ for a group of activities having the same objective is :
(A) Decentralization
(B) Authority and responsibility
(C) Unity of Direction
(D) Unity of command - In the question given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements. which one of the following is correct?
Assertion (A) : Staffing helps in obtaining right person for right position.
Reason (R) : Selection is positive process.
(A) Both (A) and (R) are correct. and (R) is the correct explanation of (A).
(B) Both (A) and (R) are incorrect, but (R) is not the correct explanation of (A).
(C) (A) is correct, but (R) is incorrect.
(D) (A) is incorrect, but (R) is correct. - Match the following :
List-I (Style of Leadership)
a. Laissez-faire
b. Autocratic
c. Transactional
d. Transformational
List-II (Attributes)
1.Requires a strong vision or inspirational leader.
2.Does not work well in all situations.
3.Exerts complete control over the employees.
4.Preferred for those employees who require less supervision.
(A) a-3, b-4, c-2, d-1
(B) a-3, b-4, c-1, d-2
(C) a-4, b-3, c-2, d-1
(D) a-4, b-3, c-1, d-2 - MM theory in prefect market suggests that dividend payment has :
(A) no impact on the value of the firm.
(B) a positive impact on the value of the firm.
(C) a negative impact on the value of the firm.
(D) marginal impact on the value of the firm. - The formula for computing the Degree of Operating leverages (DOL) is :
a. DOL = Percentage change in EBIT / Percentage change in EPS
b. DOL = Percentage change in EPS / Percentage change in sales
c. DOL= Contribution / EBIT
d. DOL= Percentage change in EPS / EBIT
Select the correct answer from the given options :
(A) a, c and d only
(B) b, c and d
(C) a and d
(D) a and c - In the question given below are two statements labelled as Statement I and statement II. Examine the statements and select the correct option.
Statement I : The capital structure should involve minimum risk of financial insolvency.
Statement II : The use of excessive debts threatens the solvency of the company.
(A) Statement-I is correct.
(B) Statement-II is correct.
(C) Both statements are correct.
(D) Both statements are not correct. - The interest rate at which the Reserve Bank absorbs liquidity from banks under the Liquidity Adjustment Facility (LAF), on an overnight basis, against the collateral of eligible government securities, is :
(A) Marginal Permanent Facility
(B) Bank Rate
(C) Repo Rate
(D) Reverse Repo Rate - The Central Government has powers to supersede the SEBL in case :
(A) The members of SEBI make an application to the Central Government to do so.
(B) The SEBI is unable to discharge its functions and duties under the provisions of SEBI Act, 1992 or it is necessary to do in public interest.
(C) The SEBI do not have required number of members.
(D) The SEBI on its own makes an application to the Central Government to do so. - Match the following :
List-I (Propounder of Theory)
a. William Ouchi
b. Vroom
c. Douglas McGreger
d. Fredric Herzberg
List-II (Theory)
1. X and Y theory
2. Z Theory
3. Hygiene theory
4. Expectancy theory
(A) a-3; b-4; c-2; d-1
(B) a-2; b-4; c-1; d-3
(C) a-2; b-4; c-3; d-1
(D) a-3; b-4: c-1; d-2 - Arrange the following steps of human resource planning in correct order.
1. Supply forecasting
2. Analysing the organisational plans
3. Estimating the net human resource requirement
4. Forecasting the overall human resource requirement
(A) 2, 4, 1, 3
(B) 4, 3, 2, 1
(C) 3, 1, 4, 2
(D) 1, 3, 2, 4 - Match the following :
List-I (Concept)
P. Human Resource Management
Q. Human Resource Planning
R. Recruitment
S. Development
1. Its objective is to create a pool of the prospective job candidates.
2. Tt involves growth of an employee in all respects.
3. Get qualified person at right time.
4. It focusses on managing physical and emotional capital of employees.
(A) P-3; Q-4; R-1; S-2
(B) P-4; Q-3; R-2; S-1
(C) P-3; Q-4; R-2; S-1
(D) P-4; Q-3; R-1; S-2 - Which of the following is NOT a modern method of performance appraisal?
(A) Management by objectives
(B) 360 degree appraisal
(C) Paired comparison
(D) Human resource accounting - When a company treats each single customer as separate segment, this is called as :
(A) Niche marketing
(B) Micro marketing
(C) Single Marketing
(D) Nano Marketing - Match the following :
List-I (Concept)
P. Real needs
Q. Unstated needs
R. Delight needs
S. Secret Needs
List-II (Attributes)
1. Expecting good service from car dealer.
2. Customer expects to be seen by his friends as value oriented savvy customer.
3. Customer wants car at low operational cost and not initial cost.
4. Customer receive free insurance on purchase of car.
(A) P-4; Q-1; R-2; S-3
(B) P-3; Q-1; R-2; S-4
(C) P-3; Q-4; R-2; S-1
(D) P-3; Q-1; R-4; S-2 - Which of the following is the model of individual behaviour stating that individual is willing to sacrifice his interest for the sake of organisational interest?
(A) Rational—Economic Man Model
(B) Social Man Model
(C) Organization Man Model
(D) Complex Man Model - Which of the following is NOT a trait of Type-A personality behaviour?
(A) They are work alcoholic and prefer work alone.
(B) They are competitive and set high standards for themselves.
(C) They are prone to stress at work and therefore suffer from physical and mental ailments.
(D) They work patiently and do not feel urgency for work. - Match the following stages in group formation given by Water Kiechel III :
List-I (Stages)
a. Forming
b. Storming
c. Norming
d. Performing
List-II (Attributes)
1. Group finally work on the goal.
2. Standards are set for acceptable and unacceptable behaviour.
3. Members join to form a group.
4. Purpose of forming the group is determined.
(A) a-3; b-4; c-2; d-1
(B) a-3; b-1; c-2; d-4
(C) a-2; b-1; c-3; d-4
(D) a-2; b-1; c-4; d-3 - In the question given below are two statements labelled as Statement I and statement II. Examine the statements and select the correct option.
Statement- I : There is no standard method for environmental accounting.
Statement-II : Environmental accounting is applied to textile industries.
(A) Statement I is true, but Statement II is false.
(B) Statement I is false, but Statement II is true.
(C) Both statements are true.
(D) Both statements are false. - Choose the correct sequence of accounting function from the following options
(A) 4: 3: 1: 2
(B) 3: 4: 1: 2
(C) 4: 3: 2: 1
(D) 3: 4: 2: 1 - Match the following :
List-I
a. Business is treated as separate entity.
b. Transactions are recorded in
¢. Every business transaction has
Business has an indefinite life.
List-II
1. Going concern concept
2. Dual aspect concept accounting which can express in terms of money.
3. Business entity concept two-fold effect.
4. Money measurement concept
(A) a-3; b-4; c-2; d-1
(B) a-3; b-4; c-1; d-2
(C) a-2; b-1; c-3; d-4
(D) a-2; b-1; c-4; d-3 - Match the following :
List-I
P. Intangible assets
Q. Property, plant and equipment
R. Borrowing Cost
S. Earnings Per Share
List-II
1. AS-10
2. AS-16
3. AS-20
4. AS-26
(A) P-3; Q-2; R-4; S-1
(B) P-4; Q-1; R-2; S-3
(C) P-4; Q-1; R-3; S-2
(D) P-3; Q-1; R-4; S-2 - Find out the sales of Ajay Ltd., if cost of goods sold is Rs. 72,000 and gross profit is 10 percent of sales.
(A) Rs. 1,60,000
(B) Rs. 72,000
(C) Rs. 90,000
(D) Rs. 80,000 - Compute the gross profits of Vishal Ltd., if Stock Turnover is 10 times: Average Stock is Rs. 8,000; and Selling Price is 20% above cost.
(A) Rs. 20,000
(B) Rs. 16,000
(C) Rs. 24,000
(D) Rs. 25,000 - Purchase of furniture for Rs. 10, 00,000, but debited to purchase account. This is a case of :
(A) Error of Principle
(B) Compensating Error
(C) Error of Omission
(D) Error of Commission - The new machinery is purchased for Rs. 1,00,000 and freight is Rs. 10,000 and installation charges is Rs. 25,000. The installation expenses will be debited to :
(A) Installation Expenses Account
(B) Profit and Loss Account
(C) Expenses Account
(D) Machinery Account - Surender and Om Prakash are partners in a firm sharing profits in the ratio of 5:2. They admit Kulbhushan as a partner for 1/3 share in the profits of the firm. The new profit sharing ratio will be :
(A) 10:7: 4
(B) 10:4:7
(C) 7:4:5
(D) 5:2:3 - YSS Ltd. forfeited 200 shares of Rs. 10 each on which Rs. 6 per share has been paid. Out of these 100 shares are reissued at a price of Rs. 5.50 per share. The amount transferred to capital reserve will be :
(A) Rs. 100
(B) Rs. 125
(C) Rs. 175
(D) Rs. 150 - Which of the following conditions is not correct about the compulsory winding up by court?
(A) If company has passed ordinary resolution for wound up by court.
(B) Default in holding statutory meeting or submitting statutory report to the registrar.
(C) If Company is unable to pay its debts.
(D) If court is of opinion that it is Just and equitable that company should be wound up. - Find out the Operating Ratio, if the Cost of Goods Sold is Rs. 3,50,000; Operating Expenses Rs. 50,000, and Net sales Rs.5,00,000.
(A) 70 %
(B) 80 %
(C) 60 %
(D) 10 % - In the question given below two statements are labelled as Assertion (A) and Reason (R). Examine the statements and select the correct option.
Assertion-(A) : The flow of funds occur when a transaction changes on the one hand are related to non-current account and on the other hand a current account and vice-versa.
Reason-(R) : Purchase of machinery for cash is flow of funds.
(A) Both (A) and (R) are true and (R) is correct explanation of (A).
(B) Both (A) and (R) are true but (R) is not correct explanation of (A).
(C) (A) is false and (R) is true.
(D) Both (A) and (R) are false. - Which one of the following is NOT operating activity in the cash flow statement?
(A) Cash receipts from the sales of goods and rendering of services.
(B) Cash receipts from the royalties, fees, commission and other revenue.
(C) Cash receipts from disposal of fixed assets.
(D) Cash payments to and on the behalf of employees. - From the following information, calculate sales required to earn a profit of Rs. 4,50.000, if Fixed Expenses are Rs. 90.000: and P/V Ratio is 25 %.
(A) Rs. 3,60,000
(B) Rs. 18,00,000
(C) Rs. 14,40,000
(D) Rs. 21,60,000 - Calculate Break-Even Point in values, if Budgeted output is 80,000 units; Fixed Expenses are Rs. 4,00,000; Variables Expenses per unit Rs. 5; and Selling Expenses per unit Rs. 10.
(A) Rs. 8,00,000
(B) Rs. 4,00,000
(C) Rs. 10,00,000
(D) Rs. 6,00,000 - What is the current purchasing power method of inflation accounting?
(A) Tt does not adjust financial statements for inflation.
(B) It adjusts financial statements for inflation by converting all financial values to current purchasing power using an appropriate price index.
(C) It adjusts financial statements for inflation by recording all assets and liabilities at their original purchase price.
(D) It adjusts financial statements for inflation by matching expenses with the revenue they generate. - Human resource accounting attempts to place a value on :
(A) The whole workforce
(B) The operations of personnel department
(C) Training undertaken over period of time
(D) Recruitment processes - then find value of ‘n’
(A) 11
(B) 13
(C) 15
(D) 17 - 82. If one cubic cm of water weighs one gm and one cubic cm cube of wood weighs 0.42 gm. then what is the difference in weight of 1 cubic meter of water and 1 cubic meter of wood?
(A) 560 kg
(B) 570 kg
(C) 580 kg
(D) 600 kg - In applying for admissions to a certain university the students opted for different streams. 1/13 th of the students opted for Engineering. 1/9 th opted for Business Studies and 1/5 th of remaining students opted for Humanities. If the number of students who opted for Humanities is 76, how many more students opted for Business Studies than Engineering?
(A) 14
(B) 16
(C) 18
(D) 20 - A tank can be filled by Tap-A in 30 minutes and by Tap-B in 45 minutes. Both the taps are kept open for 6 minutes and then Tap-B is turned off. In how many minutes more does the tank get filled?
(A) 20 minutes
(B) 18 minutes
(C) 16 minutes
(D) 14 minutes - A solid cuboidal box has dimensions 20 cm x 16 ecm x 6 cm. A cube of side 4 cm is removed from each corner of the solid. What percent of the volume of the original box is reduced?
(A) 25%
(B) 4%
(C) 26 2/3 %
(D) 16 1/3 %
Qs. 86-87 : Each of these questions contains six statements followed by four sets of combinations of three. Choose the set in which the statements are logically related.
- a. Laxman is a man.
b. Meera is Laxman’s wife.
c. Some women are islands.
d. No man is an island.
e. Meera is not an island.
f. Laxman is not an island.
(A) ade
(B) abe
(C) adf
(D) cde - a. All snakes are reptiles.
b. All reptiles are not snakes
c. All reptiles are cold blooded
d. No snakes lay eggs.
e. All reptiles lay eggs.
f. Snakes are cold blooded.
(A) ade
(B) bde
(C) abe
(D) acf
Qs. 88-90 : Each of these has a question followed by two statements I and II. Mark the answer as:
(A) if the question can be answered with the help of statement I alone,
(B) if the question can be answered with the help of statement II alone.
(C) if both the statements I and II are needed to answer the question, and
(D) if the question cannot be answered even with the help of both the statements.88 Is it more profitable for a company to produce product Q?
- I. Product R is sold at a price four times that of Q.
II. One unit of Q requires 2 units of labour, while one unit of R requires 5 units of labour. There is no other constraint on production. - What is the value of prime number ‘x’?
I. x2 + x is a two-digit number greater than SO.
ll. x3 is a three-digit number. - The average of three unequal quotations for a particular share is Rs.110. If all the quotations are in integral values of rupee. does the highest quotation exceed T 129?
I The lowest quotation is ¥ 100.
II One of the quotations is T 115. - Which of the following statements is / are correct about Nada?
1. It lies about 2 km southeast of Panchkula across Ghaggar.
2. There is a famous Gurudwara here, named after Nadu Shah.
3. Guru Gobind singh ji camped at this place with his army.
Now choose the correct option from the options given below:
(A) 1 and 2 Only
(B) 2 and 3 Only
(C) 1 and 3 Only
(D) 1, 2 and 3 All - Match list I and List II:
List I
a. Tomb of Raja Khetri
b. Samadhi of Mungipa
c. Samadhi of Baba Shami Dayal
d. Samadhi of Todar singh
List II
I. Tosham
II. Charkhi Dadri
III. Loharu
IV. Bhiwani
Now choose the correct answer from the following:
(A) a-III, b-II, c-I, d-IV
(B) a-II, b-I, c-IV, d-III
(C) a-III, b-I, c-II, d-IV
(D) a-I, b-II, c-III, d-IV - Which of the following towns is said to have been founded by the famous Mahabharata hero Yudhisthira?
(A) Julana
(B) Uchana
(C) Pindara
(D) Kaithal - Read the following paragraph about revolt of 1857:
He was the only chief present with the British army at Delhi. After the fall of Delhi, he returned to his state, but not his troops. He left 25 men for service at Larsoli tahsil, and the same number at Delhi. He sent a detachment of 200 men with General van Courtland to Hansi and 100 men under their commander Khan Singh to Jhajjar with Col. Lawrence. Besides these 250 troops remained stationed at Rohtak, 50 at Gohana till the parganas were fairly settled for good. He was greatly rewarded after the expiry of the uprising of 1857.
The paragraph given above describes which prince/princely state?
(A) Hassan Ali khan of Dujana
(B) Akbar Ali of Pataudi
(C) Ahmad Ali of Farrukhnagar
(D) Raja Sarup Singh of Jind - On whose advice, Kosli town of Haryana was founded by Kosal Singh?
(A) On advice of his wife
(B) On advice of a sage
(C) On advice of the British
(D) On advice of his son
Qs 96-100: Answer the questions based on the contents of the respective passages:
Current positions over the prospects of the Indian economy seem to swing between alarmism and triumphalism. For example, you can juxtapose Morgan Stanley’s exuberant recent report on India’s impending economic boom, with analysis that comes out of Centre for Monitoring Indian Economy (CMIE) on India’s dismal employment record and the enduring constraint it poses. A lot of economic debate is shaped by political mood affiliation. There are genuine difficulties figuring out what is going on. In some cases, there just is not enough data, a situation not helped by the government’s diffidence to data. Different shocks have taught us how much of our knowledge of the economy is post-facto. Growth is also often a product of some conjunctures. What may seem like a structural impediment to growth at a particular time can be compensated for by changing circumstances. But it is worth taking the optimists’ case seriously. Why might we think India is more competitive and attractive now? Will any of these conditions obtain? The central element in the optimist’s story is India’s vastly improved infrastructure. India’s logistics, while not top class, are improving. Interestingly, Morgan Stanley argues that land is not a binding constraint (perhaps it never was). India’s digital infrastructure is potentially outstanding. Optimism here seems well founded. But the Morgan Stanley report makes two further claims. The first, that the digital infrastructure will lead to off shoring of services to India, and second, it will lead to enhanced access to credit which will enable growth. Both are plausible claims, but by no means certain. The second pitch is India’s energy transition. India’s economic performance traditionally has been tied to the price of oil. The optimists are betting on a major green energy transition that will not just bring more investment but make India energy self-sufficient and competitive. This is in the plausible but not easy category. There is a big “if” in this story. The third element is a revival of manufacturing optimism. The production-linked incentive schemes can, at the margins, work. The baby steps in defence manufacturing could reach a critical mass where we begin to create an ecosystem with enormous spillover effects. The pessimists are too quick to dismiss this possibility. This is now a plausible story, but whether and when it will materialise is still an open question.
- Which of the following statements could be considered as conclusions of the author of the passage as borne out by its contents?
i. Currently the Indian economy is seemingly swinging wildly between pessimism and optimism.
ii. The shape of the economy of a country is as much dependent on emotional factors as it is on economic factors.
iii. ‘Morgan Stanley is reportedly optimistic about the prospects of India’s economy while CMIE is reportedly pessimistic about the same.
iv. The Government of India had tasked both Morgan Stanley and CMIE with analysing the current prospects of India’s economy and received divergent reports about the same from the two parties.
(A) iii and iv
(B) iii only
(C) i, ii, iii
(D) i, ii, iii and iv - Which of the following statements regarding the state of the economy of a country could be inferred from the contents of the passage?
i. Relevant data could play an important role in helping analyse the ground realities about the same.
ii. The factors affecting it could vary over time and with circumstances.
iii. Political leanings too affect an individual’s perception about the same.
iv. The government of the day decides how much data is gathered and analysed both qualitatively and quantitatively, to study the same.
v. Several times it happens that one learns the actual truth about it by hindsight.
vi. It is preferable to take the observations and opinions of the optimists on the same more seriously than those of the pessimists.
(A) i, ii, iii and vi
(B) ii, iv and v
(C) i, ii, iii, iv and v
(D) i, ii, iii, iv, v and vi - The factors on which Morgan Stanley is basing its optimism about the Indian economy
i. The reasonably robust infrastructure facilities in the country
ii. The abundant land resources of India
iii. Offshore digital infrastructure services available to us
iv. Enhanced access to credit facilities brought about by the availability of digital infrastructure in India
(A) i, ii and iv
(B) i and ii
(C) i, ii and iii
(D) i, ii, iii and iv - Which of the following statements could be inferred with certainty from the passage?
i. India is in a transitional phase in terms of its energy consumption pattern.
ii. India is on the verge of becoming one of the top producers of green energy in the world.
iii. India has for long been a large-scale consumer of oil.
(A) i and ii
(B) ii and iii
(C) i and iii
(D) i, ii and iii - Which of the following statements about the manufacturing sector in India implied in the passage?
i It has been on a downswing and needs to be revived on priority for the economy to flourish.
ii. It is the third most important factor in the economic development of the country.
iii. The government should offer production-linked incentives for the industry to grow further.
iv. The industries should offer productivity-linked incentives to their employees for increasing production.
v. Defence manufacturing is presently in its nascent stage in the country but could grow significantly and even influence growth in other industries.
(A) i, ii and iii
(B) i, ii, iii and iv
(C) i, ii, iii, iv and v
(D) i, iii and v