List of top Questions asked in CUET (UG)

Match LIST I with LIST II

LIST I		LIST II
A	Goodwill written off	I	Credit side of Profit and Loss A/c
B	Partner's Salary	II	Debit side of Partner's Capital A/c
C	Bad Debts Recovered	III	Debit side of Profit and Loss A/c
D	Manager's Commission	IV	Credit side of Partner's Capital A/c

Choose the correct answer from the options given below

Cash flow from Financing Activities includes:
(A) Issue of Equity shares to promoters 
(B) Redemption of Preference shares at premium 
(C) Interest on debenture paid 
(D) Raising funds by issuing 9% Debentures 
(E) Payment for purchase of Equity shares 
Choose the correct answer from the options given below: 

The correct order of items in the Cash Flow Statement should be:
(A) Calculate Net Profit before Tax and Extraordinary items 
(B) Cash generated from operation 
(C) Net profit as per Balance sheet 
(D) Cash flow from Operating Activities 
(E) Calculating Operating Profit before working Capital Changes
 Choose the correct answer from the options given below: 

Match LIST I with LIST II

LIST I		LIST II
A	Proceeds from Long term borrowings	I	Marketable Securities
B	Purchase of Raw Materials	II	Investing Activities
C	Purchase of New Equipments	III	Operating Activities
D	Purchase of New Equipments	IV	Financing Activities

Choose the correct answer from the options given below

Reserves and Surplus includes:
(A) Statement of Profits and Loss (Credit Balance) 
(B) Reserve Capital 
(C) Securities Premium Reserve 
(D) Capital Redemption Reserve 
(E) Share Application Money Pending Allotment 
Choose the correct answer from the options given below:

Arrange the following items in Correct order as per the Statement of Profit and Loss of a Company.
(A) Employee Benefit Expenses
(B)Finance Costs
(C) Depreciation and Amortisation
(D) Purchase of Stock in Trade
(E)Exceptional Items
Choose the correct answer from the options given below:

Match LIST I with LIST II

LIST I		LIST II
A	Liquidity Ratio	I	To check ability to meet long term contractual obligations
B	Solvency Ratio	II	To analyse the earning capacity of Business
C	Activity Ratio	III	To measure the short term Solvency
D	Profitability Ratio	IV	To measure the speed at which the activities of the business are being performed

Choose the correct answer from the options given below

Which of the following items will be recorded in Revaluation A/c.
(A) Capital brought in by New partner 
(B) Plant is to depreciated by \( 20\% \)
(C) \(60,000\) brought in by new Partner for Goodwill 
(D) Stock overvalued by \( 5,000 \)
(E) Unrecorded creditors to the extent of \(₹ 1,500 \)
Choose the correct answer from the options given below: 

Arrange the following steps in correct order for calculation of Proportionate Capital of New Partner.
(A) Balancing the capital account of old partners 
(B) Calculation of Gain/Loss on Revaluation and transferring to Capital Account 
(C) Transferring Accumulated Profit to Capital account 
(D) Calculation of Proportionate Capital for New Partner 
(E) Adjustment for Goodwill in Partner's capital account 
Choose the correct answer from the options given below: 

Hem and Nem are partners in a firm Sharing Profits in the ratio of \( 3: 2\). Their Capitals were \(₹ 80,000\) and \(₹ 50,000\) respectively. They admitted Sam for \(\frac{1}{5}\) share and he brought \(₹ 60,000 \) as his Capital. Goodwill of the firm will be: 

Ninza Ltd. forfeited \(1,200\) shares of \(₹ 10\) each, on which \(₹ 8 \) per share as called up and \(₹ 6\) per share was paid up. The amount with which share Capital Account will be debited at the time of forfeiture of Share will be:

Y and Z are partners in a firm. If W is admitted as a new partner, what will happen?

At the time of admission of a new partner, general reserve appearing in the old Balance Sheet is transferred to:

Calculate Debt equity Ratio :
\(13\%\) Debentures \( ₹6,00,000\) 
Shareholders fund Z \(₹8,00,000\) 
Net Profit before tax \(₹3,51,000 \)
Current Liabilities \(₹1,60,000 \)

Which of the following statement is correct for a potentiometer ?

Match List I with List II

Choose the correct answer from the options given below:

A bulb of 100 W glows for 6 hours a day. The units of energy consumed in 7 days would be :

Ten capacitors each of 2 µF capacity were arranged in two rows such that first row contains 6 capacitors in series where as the rest were in second row. The equivalent capacitance of the network is:

The susceptibility ($X_m$) and permeability (μ) of a perfectly diamagnetic substance are:

At a place, the horizontal component of earth's magnetic field is $4 \times 10^{-4}T$ and angle of dip is 60°. The value of horizontal component of earth's magnetic field at the equator is :

Match List I with List II

	LIST I		LIST II
A.	Magnetic dipole moment	I.	Weber/$m^2$
B.	Magnetic permeability	II.	Am (Ampere m)
C.	Pole strength	III.	Henry/m
D.	Magnetic flux density	IV.	$Am^2$ (Ampere $m^2$)

Choose the correct answer from the options given below:

Ferro-magnetic materials used in transformer core must have:

For a long wire carrying a current of 10 A, the magnitude of magnetic field at a point 4 cm away from it will be:

A charge of 5 μC moves with a speed of $2 \times 10^6$ m/s along the positive y-axis. A magnetic field $\vec{B}$ of strength ($2\hat{i}+ \hat{k}$)T exists in space. The magnetic force acting on the charge is :

The circuits where transformers are used: