List of top Questions asked in CUET (UG)

What is the basis of creation of the new states of Chattisgarh, Uttarakhand and Jharkhand?
Arrange the following statement in correct sequence of events
A. Effort to re-organise into Ethnic-Linguistic states
B. Indian state continued with British-Indian arrangement of precedence
C. Vigorous moments among Maratha and kannada speakers in Bombay and Madras precedence
D. Pakistan was divided between Urdu and Punjabi speakers in the west and Bengali speaker in the east
E. Formation of SRC for final approval on Linguitic states
Choose the correct answer from the option given below:
Match the List I with List II

 LIST I 

LIST II 

APopulation momentumIVoluntary action to reduce population growth
BDemographic DividendIILage cohort of women at reproduction age
CPopulationIIIGroup data in term of gender and age
DPreventive checkIVHigher population of workers compared to non-workers
Choose the correct answer from the options given below:
A systematic study of population is called
Match List I with List II:
LIST-I List-II 
A.Surat Plague EpidemicI.1968
B.Asian InfluenzaII.1918-19
C.Hong-Kong Influenza III.1994
D.Spanish FluIV.1957

Choose the correct answer from the options given below:
The concept of 'Failure of entitlements has been given by:
Wrights milla is a well known:
Based on the following, answer the question. Amrita and Kalyani are partners sharing profits in the ratio of 3 : 2. They decided to expand the business by admitting Suraj as a new partner for 1/4th share. Suraj’s share of goodwill is valued at Rs 90,000 for which he compensated Amrita and Kalyani in the ratio 1 : 4. Following information is also provided:
  • Machinery : Rs 25,00,000
  • Land : Rs 10,00,000
  • Computer : Rs 2,50,000
  • Workmen compensation fund : Rs 5,30,000
Claim against workmen compensation is Rs 2,00,000 and goodwill appeared in the books at Rs 60,000.
A new partner can be admitted:
XYZ Ltd. has been operating in the field of FMCG products in South Indian market. However to expand its operation in northern part of India, it needs additional capital Rs 20,00,000 which is raised by issuing 10% Debenture of Rs 12,00,000 at a discount of 10% to be repayable after 6 years. The rest of the funds is raised by issuing 5% debenture of Rs 8,00,000 at 15% premium. These debentures are perpetual in nature. After six years of successful operation in northern India, company took a loan of Rs 5,00,000 from PNB against 5% debenture of Rs 8,00,000 of Rs 100 each as a collateral security. The company successfully ran its operation and managed to pay off its loan within two years. Company raised a loan of Rs 5,00,000 from PNB against 5% debenture of Rs 8,00,000 of Rs 100 each as a collateral security. The "Debenture suspense A/c" will be debited with :
XYZ Ltd. has been operating in the field of FMCG products in South Indian market. However to expand its operation in northern part of India, it needs additional capital Rs 20,00,000 which is raised by issuing 10% Debenture of Rs 12,00,000 at a discount of 10% to be repayable after 6 years. The rest of the funds is raised by issuing 5% debenture of Rs 8,00,000 at 15% premium. These debentures are perpetual in nature. After six years of successful operation in northern India, company took a loan of Rs 5,00,000 from PNB against 5% debenture of Rs 8,00,000 of Rs 100 each as a collateral security. The company successfully ran its operation and managed to pay off its loan within two years.
If 5% debenture of Rs 8,00,000 of Rs 100 were issued at 15% premium. Amount is payable as Rs 25 on applications, Rs 50 on allotment and Rs 40 on 1st and final call. How much amount should be credited to "Security Premium Reserve A/c".
XYZ Ltd. has been operating in the field of FMCG products in South Indian market. However to expand its operation in northern part of India, it needs additional capital Rs 20,00,000 which is raised by issuing 10% Debenture of Rs 12,00,000 at a discount of 10% to be repayable after 6 years. The rest of the funds is raised by issuing 5% debenture of Rs 8,00,000 at 15% premium. These debentures are perpetual in nature. After six years of successful operation in northern India, company took a loan of Rs 5,00,000 from PNB against 5% debenture of Rs 8,00,000 of Rs 100 each as a collateral security. The company successfully ran its operation and managed to pay off its loan within two years. While issuing 10% debenture of Rs 12,00,000 at 10% discount. What amount should be transferred to “Discount on issue of debenture A/c” if all amount is received in one instalment ?
XYZ Ltd. has been operating in the field of FMCG products in South Indian market. However to expand its operation in northern part of India, it needs additional capital Rs 20,00,000 which is raised by issuing 10% Debenture of Rs 12,00,000 at a discount of 10% to be repayable after 6 years. The rest of the funds is raised by issuing 5% debenture of Rs 8,00,000 at 15% premium. These debentures are perpetual in nature. After six years of successful operation in northern India, company took a loan of Rs 5,00,000 from PNB against 5% debenture of Rs 8,00,000 of Rs 100 each as a collateral security. The company successfully ran its operation and managed to pay off its loan within two years. XYZ Ltd. issued another category of debenture which are perpetual in nature. What type of debentures they are called :
XYZ Ltd. has been operating in the field of FMCG products in South Indian market. However to expand its operation in northern part of India, it needs additional capital Rs 20,00,000 which is raised by issuing 10% Debenture of Rs 12,00,000 at a discount of 10% to be repayable after 6 years. The rest of the funds is raised by issuing 5% debenture of Rs 8,00,000 at 15% premium. These debentures are perpetual in nature. After six years of successful operation in northern India, company took a loan of Rs 5,00,000 from PNB against 5% debenture of Rs 8,00,000 of Rs 100 each as a collateral security. The company successfully ran its operation and managed to pay off its loan within two years. XYZ Ltd. issues 10% debentures of Rs 12,00,000 of Rs 100 each at a discount of 10% which will be repayable after 6 years. What type of debenture it is ?
Amrita and Kalyani are partners sharing profits in the ratio of 3 : 2. They decided to expand the business by admitting Suraj as a new partner for 1/4th share. Suraj’s share of goodwill is valued at Rs 90,000 for which he compensated Amrita and Kalyani in the ratio 1 : 4. Following information is also provided:
  • Machinery : Rs 25,00,000
  • Land : Rs 10,00,000
  • Computer : Rs 2,50,000
  • Workmen compensation fund : Rs 5,30,000
Claim against workmen compensation is Rs 2,00,000 and goodwill appeared in the books at Rs 60,000.
Goodwill brought by Suraj will be distributed as:
Based on the above, answer the question. Amrita and Kalyani are partners sharing profits in the ratio of 3 : 2. They decided to expand the business by admitting Suraj as a new partner for 1/4th share. Suraj’s share of goodwill is valued at Rs 90,000 for which he compensated Amrita and Kalyani in the ratio 1 : 4. Following information is also provided:
  • Machinery : Rs 25,00,000
  • Land : Rs 10,00,000
  • Computer : Rs 2,50,000
  • Workmen compensation fund : Rs 5,30,000
Claim against workmen compensation is Rs 2,00,000 and goodwill appeared in the books at Rs 60,000.
Share of revaluation profit of Amrita and Kalyani is:
Based on the above, answer the question. Amrita and Kalyani are partners sharing profits in the ratio of 3 : 2. They decided to expand the business by admitting Suraj as a new partner for 1/4th share. Suraj’s share of goodwill is valued at Rs 90,000 for which he compensated Amrita and Kalyani in the ratio 1 : 4. Following information is also provided:
  • Machinery : Rs 25,00,000
  • Land : Rs 10,00,000
  • Computer : Rs 2,50,000
  • Workmen compensation fund : Rs 5,30,000
Claim against workmen compensation is Rs 2,00,000 and goodwill appeared in the books at Rs 60,000.
What is Amrita’s share in the workmen compensation fund?
Based on the above, answer the question. Amrita and Kalyani are partners sharing profits in the ratio of 3 : 2. They decided to expand the business by admitting Suraj as a new partner for 1/4th share. Suraj’s share of goodwill is valued at Rs 90,000 for which he compensated Amrita and Kalyani in the ratio 1 : 4. Following information is also provided:
  • Machinery : Rs 25,00,000
  • Land : Rs 10,00,000
  • Computer : Rs 2,50,000
  • Workmen compensation fund : Rs 5,30,000
Claim against workmen compensation is Rs 2,00,000 and goodwill appeared in the books at Rs 60,000.
What journal entry will be passed for goodwill appearing in the books?
Match List - I with List - II
List - IList - II
(A) Over Subscription(II) Application received is more than shares issued
(B) Minimum subscription(I) Minimum amount that must be raised by issue of shares
(C) Under Subscription(IV) Application received is less than shares issued
(D) Private Placement(III) Allotment of shares without issue of prospectus

Choose the correct answer from the options given above:
Match List - I with List - II
List - IList - II
(A) The Accounting basis for Cash Flow Statement is(II) Cash Basis
(B) Dividend paid on Equity and Preference capital comes under(IV) Cash outflow from Financing Activities
(C) It cannot be considered as cash and cash equivalents(I) Investment in shares
(D) It can be classified as cash and cash equivalents(III) Treasury bills

Choose the correct answer from the options given above:
Match List - I with List - II
List - IList - II
(A) Authorised Capital(II) Maximum amount of share capital a company could raise during its lifetime
(B) Reserve Capital(I) A portion of uncalled share capital will be called at the time of winding up
(C) Issued Capital(III) Capital issued to public for subscription
(D) Subscribed but not fully paid capital(IV) Amount called up and received but not fully paid

Choose the correct answer from the options given above:
Match List - I with List - II
List - IList - II
(A) Application money should be at least ______% of the face value of the share(I) 25%
(B) The amount of Call should not exceed ______% of the face value of the share(II) 90%
(C) Minimum subscription of capital cannot be less than ______ of the issued amount according to SEBI guidelines(III) 10%
(D) Interest charged on call-in-arrears is @ ______ p.a.(IV) 5%

Choose the correct answer from the options given above:
Match List - I with List - II
List - IList - II
(A) Current Ratio(II) Liquidity Ratios
(B) Inventory Turnover Ratio(IV) Activity Ratios
(C) Return on Investment(III) Profitability Ratios
(D) Proprietary Ratio(I) Solvency Ratios

Choose the correct answer from the options given above:
Cash equivalents refers to :
(A) Demand deposits with Bank
(B) Bills receivables
(C) Treasury bill
(D) Commercial Paper
(E) Marketable Securities
Choose the correct answer from the options given below :
Current liabilities include:
(A) Trade receivables
(B) Unclaimed dividend
(C) Interest accrued but not due on loan
(D) Acceptances
(E) 12% debentures redeemable after four years
Choose the correct answer from the options given below :
Debentures issued for consideration other than cash includes, debentures :
(A) Issued to bank as additional security
(B) Issued to vendor
(C) Issued to Public
(D) Issued to creditor
(E) Issued for cash
Choose the correct answer from the options given below :