Question : How did British accounts of the Revolt of 1857 differ from Indian accounts?

Option 1: British accounts focused on the economic causes, while Indian accounts emphasized religious factors

Option 2: British accounts portrayed the revolt as a mutiny, while Indian accounts viewed it as a war of independence

Option 3: British accounts highlighted the role of women, while Indian accounts ignored it

Option 4: British accounts were written in English, while Indian accounts were in regional languages

Question : India accounts for what per cent of the total geographical area of the world?

Option 1: 3.2 per cent

Option 2: 5.2 per cent

Option 3: 4.8 per cent

Option 4: 2.4 per cent

Question : Hari, Mohan and Sohna were partners sharing profit and losses in the ratio of 2:2:1. They decided to share future profit in the ratio of 7:5:3 with effect from 1st April 2021. Their balance sheet as on that date showed a balance of Rs 45,000 in an advertisement suspense account. The amount to be debited respectively to the capital accounts of Hari, Mohan and Sohna for writing off the amount of advertisement suspense account will be.

Option 1: Rs 18,000, Rs 18,000 and Rs 9,000

Option 2: Rs 15,000, Rs 15,000 and Rs 15,000

Option 3: Rs 21,000, Rs 15,000 and Rs 9,000

Option 4: Rs 22,500 and Rs 22,500 and Nil.

Question : Comprehension:

Read the passage carefully and answer the questions that follow.

India's favourable demographic trends, which have increased the workforce's percentage of the overall population, have paved the way for a significant middle-class expansion. A big population bulge emerging from absolute poverty and set to reach the middle class would generate new dynamics. In India, over 55 per cent of the population is predicted to reach the middle class. In reality, because India's demographics are significantly younger than China and the United States, the country's middle class might be the world's largest (in terms of population) by 2025.

It is no exaggeration to argue that future growth will be reliant on the increasing middle class and that the middle class's development will be reliant on growth. Growth has been fuelled by both private consumption and saving, both of which are fuelled by the middle class. India's private consumption accounts for over 60% of the country's GDP, while private consumption growth has contributed to 70% of the country's growth since 2000.

Despite the fact that China's middle class is now greater than India's, private spending in the former accounts for a lesser share of growth. In contrast to the United States, where domestic savings are dropping and the country borrows excess funds from outside to invest and expand, India's domestic savings and investments are increasing and funding investments. The emergence of the middle class is anticipated to coincide with a transition away from large-scale informality, which now characterises much of the services and industrial sectors, and toward more formal, wage-earning, and medium-scale firms. Technological advancements will spread at a faster rate. Cities will expand as job possibilities concentrate on them. If there is enough movement across states and from rural to urban regions, the population increase will be more evenly distributed.

Question:

Select the most appropriate ANTONYM of the given word.

Coincide

Option 1: Differ

Option 2: Agree

Option 3: Confuse

Option 4: Detest

Question :

Summarize the following paragraph:

Emotionally strong persons have a great outlook towards life. They are able to bear shocks like emotional deprivation, cheating in love, being duped by frauds etc. Their temperamental strength also accounts for their good health. They have a great control over their blood pressure, their brain and thus, they are likely to remain away from chronic diseases. Their being happy also ensures the happiness of the ones who love them.

Option 1: To be emotionally strong is not less than a virtue.

Option 2:

Emotionally strong people have a reasonably good control over their bodies and lives

Option 3:

Emotionally strong people are never subject to shocks

Option 4:

Being emotionally strong is the most important

Option 5:

Emotionally strong people never fall sick

Question : Assertion (A): A programme called Pradhan Mantri Jan Dhan Yojana is accessible as of 2014 and encourages people in India to open bank accounts.
Reason: This programme aims to immediately transfer all government programmes' and subsidies' benefits to account holders in addition to encouraging saving habits.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

Option 3: Assertion (A) is True but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is True

Question : On firm dissolution, which one of the following accounts should be prepared at the last?

Option 1: Realization account

Option 2: Partner's capital account

Option 3: Partner's loan account

Option 4: Cash account

Question : The National Health Accounts (NHA) framework in India aims to:

Option 1: Monitor health expenditure and financial flows in the healthcare sector
    

Option 2: Provide financial assistance for renewable energy projects
   

Option 3: Address gender disparities in health services

Option 4: Promote energy conservation in industrial sectors

Question : X, Y and Z were partners sharing profits and losses in the ratio of 4: 3: 2. Y retired on 1st April, 2020. On that date capitals of X, Y and Z after all adjustments stood at Rs. 19,650; Rs. 19,800 and Rs. 9,150 respectively. Total capital of the firm as newly constituted is fixed at Rs. 28,000 between X and Z in the proportion of 5/8th and 3/8th after passing entries in their accounts for adjustments. Amount to be paid or to be brought by the continuing partners is

Option 1: X debited by Rs 2,150, Z credited by Rs 1,350

Option 2: X credited by Rs 2,150 Z debited by Rs 1,350

Option 3: X debited by Rs 2,150 Z debited by Rs 1,350

Option 4: X credited Rs 2,150 and Y credited Rs 1,350