List of top Questions asked in CBSE CLASS XII

Mita, Veena, and Atul were partners in a firm sharing profits and losses in the ratio \(3 : 2 : 1\). Atul retired, and his share was taken over by Mita and Veena in the ratio \(1 : 4\). The new profit-sharing ratio between Mita and Veena after Atul's retirement will be:
Aamir, Bashir, and Chirag were partners in a firm sharing profits and losses in the ratio \(3 : 3 : 2\). Chirag retired. Aamir and Bashir decided to share profits and losses in future in the ratio \(1 : 2\). On the day of Chirag’s retirement, goodwill of the firm was valued at \rupee5,40,000. Calculate gaining ratio and pass necessary journal entry to record the treatment of goodwill (without opening goodwill account) on Chirag’s retirement.
Pearl and Ruby were partners in a firm with a combined capital of \rupee2,50,000. The normal rate of return was 10\%. The profits of the last four years were as follows: \[ \text{2019–2020: \rupee35,000, 2020–2021: \rupee25,000, 2021–2022: \rupee32,000, 2022–2023: \rupee33,000}. \] The closing stock for the year 2022–2023 was overvalued by \rupee5,000. Calculate goodwill of the firm based on three years’ purchase of the last four years’ average super profit.
Sunrise Ltd. acquired assets of \rupee3,60,000 and took over creditors of \rupee1,00,000 from Moonlight Ltd. for an agreed purchase consideration of \rupee4,80,000. Sunrise Ltd. issued 9\% Debentures of \rupee100 each at a discount of 4\% in satisfaction of the purchase consideration. Pass necessary journal entries in the books of Sunrise Ltd.
Grapple Ltd. took over assets of \rupee25,00,000 and liabilities of \rupee5,00,000 from Allore Ltd. for an agreed purchase consideration of \rupee18,00,000. Grapple Ltd. issued 11\% Debentures of \rupee100 each at 20\% premium in satisfaction of the purchase consideration. Pass necessary journal entries in the books of Grapple Ltd.
Xeno Ltd. issued 25,000 equity shares of \rupee10 each. The amount was payable as follows: \begin{itemize On Application – \rupee4 per share On Allotment – \rupee5 per share On First and Final Call – Balance All the shares offered were applied for and allotted. All the money due on allotment was received except on 1,500 shares. These shares were forfeited immediately after allotment. First and final call was not yet made. At the time of forfeiture, Share Capital Account will be debited by: }
Assertion (A): Irredeemable debentures are also known as perpetual debentures. Reason (R): The company does not give any undertaking for the repayment of money borrowed by issuing such debentures. They are repayable on the winding up of the company or on the expiry of a long period. Choose the correct option from the following:
Money received in advance from shareholders before it is actually called up by the directors is:
An offer of securities or invitation to subscribe securities to a select group of persons is termed as:
A share of \rupee100 on which \rupee80 is received is forfeited for non-payment of final call of \rupee20. The minimum price at which this share can be reissued is:
Shiv Ltd. forfeited 500 shares of \rupee10 each on which \rupee7 per share was paid. These shares were reissued for \rupee9 per share fully paid. Amount transferred to Capital Reserve Account will be:
Piyush, Rajesh, and Avinash were partners in a firm sharing profits and losses equally. Shiva was admitted as a new partner for an equal share. Shiva brought his share of capital and premium for goodwill in cash. The premium for goodwill amount will be divided among:
Assertion (A): Each partner is a principal as well as an agent for all the other partners. Reason (R): As per the definition of the Partnership Act, partnership business may be carried on by all the partners or any of them acting for all. Choose the correct option from the following:
The amount of interest on capital allowed to Abha will be:
Babita’s share in profit will be:
Atul, Beena, and Sita were partners in a firm sharing profits and losses in the ratio of 8 : 7 : 5. Damini was admitted as a new partner for $\frac{1{5}$ share in the profits, which she acquired entirely from Atul. The new profit-sharing ratio after Damini’s admission will be:}
Abhay, Boris, and Chetan were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Boris was guaranteed a profit of \rupee95,000. Any deficiency on account of this was to be borne by Abhay and Chetan equally. The firm earned a profit of \rupee2,00,000 for the year ended 31\textsuperscript{st March, 2023. The amount given by Abhay to Boris as guaranteed amount will be:}

Study the table given below:

\[ \begin{array}{|l|l|} \hline \textbf{Contraceptive/Contraceptive Method} & \textbf{Mode of Action} \\ \hline \text{A. The pill} & \text{III. Inhibits ovulation} \\ \text{B. Condom} & \text{I. Prevent sperm reaching cervix} \\ \text{C. Vasectomy} & \text{IV. Semen contains no sperm} \\ \text{D. Copper-T} & \text{II. Prevent implantation} \\ \hline \end{array} \]

Select the option where contraceptive/contraceptive method are correctly matched with their mode of action.

Given below is a list of some commercially important products in column A, whereas in column B are names of source organisms:
\[ \begin{array}{|l|l|} \hline \textbf{Column A (Bioactive Products)} & \textbf{Column B (Source Organisms)} \\ \hline A. \text{Cyclosporin – A} & i. \text{Streptococcus} \\ B. \text{Statins} & ii. \text{Trichoderma polysporum} \\ C. \text{Streptokinase} & iii. \text{Penicillium notatum} \\ D. \text{Penicillin} & iv. \text{Monascus purpureus} \\ \hline \end{array} \]

Select the option where the product and their source organisms are correctly matched.
How do the following organisms act as bio-fertilizers? Explain.
(a) Mycorrhiza
(b) Anabaena
(c) Rhizobium
Describe the different steps in the sexual mode of reproduction in the life cycle of a malarial parasite from the time of its initiation till where it is completed and ready to start a fresh cycle.}
Identify the polarity from ‘X’ to ‘Y’ in the mRNA segment shown. Mention how many more amino acids can be added to the polypeptide that is being translated and why.
Write the initiating codon for translation, its anticodon, and the amino acid it codes for.
Explain the charging of an adaptor molecule. Why does this molecule need to be charged?
Why is sickle-cell anaemia, a human blood disorder, so named?