BHU PET 2012 M.com

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    MC.oW\Set No: I Question Booklet No. 0131912P/201131 i)

    To be fil /ed lip by tile candidate by blue/black bal/-point pen)Roll No LI_....L.._....L.._....L.._....L.._....L.._-'-_-'-_-'Roll No. Write the digits in words) ................................................................................................Serial No. of AnSlver Sheet ............................................ .Day and Date ............................................................... Signature of Invigilator )

    INSTRUCTIONS TO C NDID TESUse only blue/black ball-point pen in the space above and on both sides of the Answer Sheet)1. Within 10 minutes of he issue of he Question Booklet, check the Question Booklet to ensure that itcontains all the pages in correct sequence and that no page/question is missing. In case of faultyQuestion Booklet bring it to the notice of the Superintendentllnvigilators immediately to obtain afresh Question Booklet.2. Do not bring any loose paper. written or blank, inside the Examination Hall except the Admit Cardwithout its envelope,3. A sepllrll1eAnswer Sheet is given. {1l'hould not be folded or mutitaled. A l'econel Answer Sheetshall not be prol1ided. Only he Answer Sheet will be evaluated.4. Write your Roll Number and Serial Number of the Answer Sheet by pen in the space prvided above.S. On thefront page of he Answer Sheet, write by pen your Roll Number in Ihe space provided atthe top and by darkelling the circles at the bottom. Also, wherever applicable, write the QllestionBooklet Number and the Set Number in appropriate places.6. No m'erwriting is allowed in tI,e entriel' of Roll No., Question Booklet no. and Set no. (if any)on OMR sheet alUl Roll No. and OMR sheet no. on the Queston Booklet.7. Any chllnge in tl,e aforel'aitl entries is to be verifiell by the invigilator, otherwise it will be takenas unfairmeam'.8. Each question in this Booklet is followed by four Cllternative Clnswers. For ellch quel'titm, youare to re,'ord the correct option on the Answer Sheet by darkening tl,e Clppropriate circle ii, thecorrespontlilJg row of tl'e Answer Sheet, by pen as mentioned ;n the guidelines given on thefirst page of he Answer Sheet.9. For each question, darken only one circle on the Answer Sheet. If you darken more than one circle

    or darken a circle partially, the answer will be treated as incorrect.10. Note that the answer once filled in ink cannot be changed f you do nol wish to allempl aquestion, leave all Ihe circles in the corre .ponding row blank (such question will be awardedzero marks).11. For rough work, use the inner back page of the title cover and the blank page at the end of thisBooklet.12. Deposit only O M R A n ~ w e r Sheet at the end of the Test.13. You are not permitted to leave the Examination Hall until the end of the Test.14. If a candidate attempts to use any form of unfair means, he/she shall be liable to such punishment asthe University may determine and impose on him/her.

    Total No of Printed Pages :48 [ ~ f f f f l W if a frt;3lI

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    12P/201/31(i)No. of Questions: 150

    ' l l R l c l i t ~ : 1501Time : 2 2 Hours Full Marks: 450

    lU/fJ; : 450Note (1) Attempt as many questions as you can. Each question carries 3

    (Three) marks. One mark will be deducted/or each incorrectanswer Zero mark will be awarded for each unattemptedquestion.

    3 f ~ t : r < I > m 1ft om 'liT WlM I w-r 3 ( ~ i j ; f i ; ; q i j ; 3 i R mft 3 iR i\; f.r

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    12P/201/31(1)

    03. Salary is related to :(1) Business(3) Commerce

    ~ ~ i(1) Otfctftl4 B3) ctlflll l B

    (2) Employment(4) Exchange

    (2)

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    07. There exists direct relationship between effort and reward This isrelated to :(1) Public company (2) Holding company(3) Subsidiary company (4) Sole proprietorshipI f ' l f f i Ci JOIRt'hct if l"I ff *i

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    11. A partnership firm comes into existence by :(1) Implied authority (2) Promoter(3) Contract (4) Operation of lawfI1 '\I {l q;

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    15. Divorce between ownership and management. It does ot apply to :11 Private company (2) Public company(3) General partnership (4) Holding company

    t

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    12P/201/31 1)

    19. Which p the following is an association?1) Merger (2) Trust(3) Holding Company

    f.1 1RI ful

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    23 State which statement is true:1) Management is a mechanical activity.

    (2) Management is tangible(3) Management is intangible4) Management is a closed system

    (2) ~ ~ l ;ffirr ~c i C 1 < ' I I ~ i ' l ~ f f i "Ii"f'l m;q ~ :(1) > " "'1" 1:l;< ? q if,t"li fW:rr ~ 1(3) W'T""..q i 3 l " I ~ " l ;ffirr ~ 1 (4) W'T ..q 1:l;< ? ep:: q"",RI ~ 1

    24 Incentive wage payment system was propounded by :(1) Max Weber (2) F.W. Taylor(3) Henry Fayol (4) Peter F. Druckeril< II ,'1"Ii '1 Cij ~ t 1 : '1 11(1) 1'\

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    12P/201/31(1)

    27 Strategy is an element of :(I) Policy (2) Planning(3) Communication (4 ) rganization{OI41Rl ' f f i l( I ) ;flRI- PT (2) f.'t ) 1 PT(3) ('1>Q'l01 PT (4) f i ~ 1 8 1 PT

    28. Which of the following does not come under the steps of planning?(I) Awareness of opportunity (2) Determining objectives(3) Grouping of activities (4) Developing alternativef.'t"'1R1ful

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    31. Audit is tool of :(1) Planning (2) Decision making(3) Span of management (4) Con rolling

    ~ f f ' J T I:Ii I i :1 ) PI 41 1 '1 Of (2) Ploj l'1 Of

    (3) _ Pclfdl< Of (4) PI l i1 ) of; f.r>mnT Of (2) ~ ~ O f(3) PI I SI 0 I Of (4) ~ - f . r . m u r Of

    33. Theory Z is related to :(1) Planning (2) Communication(3) Leadership (4) Motivation

    ~ ffI'i9:I'fI i(1) PI 41 1 '1 (2) \ 1 ~ " I O I(3) ~ ~ (4) ' f I ~ i l {Oil

    34. In how many categories human needs have been divided y AbrahamMaslow?'fIOIIIPl &m '11'1cfi l - 3 1 T C I ~ I ' I > I , m ctit f,,' l if Pcl 1I\i}]f

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    36.

    lN11 < if. 'Ii 'lit "IT' IffiT ~(II if; if(31 1 1 ' 1 ' I ~ I { l if; if (21 f . ' I ~ I I ' ' 1 ' 1 i if; if(41 fl'IRI'hct i t(3) l ~ '1 II I ' I i t (4) en;\ 'Iif'B am ul>I a o < l ~ . , ; f t l " " " 1 '1 i t

    39. Which Section of the Indian Contract ct defines consideration?(1) Section 2 (d) (2) Section 2 (g)(3) Section 2 (c) (4) Section 2 (a)"11(ctl'l l > I \ i R l ~ 1 qi\ q i \ ; f ~ '1m l>IRI'hct 'lit qR"1If'la

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    40. Free consent does not include(I) Coercion (2)(3) Consideration (4)W1 *i$'lRI if *i 41 It 1 'lift .mrr %(I) Nl$ (2) .a:tjRlt1 J1 1lCI (3)

    Undue influenceMisrepresentation

    41. Doctrine of constructive notice protects the :(I) Company (2) Creditor (3) Debtor (4) Qutsider( I 11 tII (fflq (('I i( 1) . , , %q.. Ictid 4l Y 1 j (2) 'Ii l41 %(3) *i ('i iI { j 'Ii l41 (4) ~ I r t t 'Ii l41

    43. Separate legal entity is relatea to :(1 ) Joint venture (2) Partnership(3) Company (4 ) Sole proprietorship

    lRo< l %( 1) fi R1 .a:t q ' ' l ft (2) i 1 ~ O : I { j ft(3) 'Ii l41 ft (4) 'Ii

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    W/ClCl "I"6t ~( 1) f l i 4 1 f.'t20 20 141 ff(3) fI q- ff

    47. Sale by sample is related to :(1) Express condition(3) Express warranty

    am fcrn>q- ~(1) ff(3) 3 1 ~ C l l f l ' 1 ff

    (2) Consideration(4) Legal object

    (2) 1 1 Ri'b

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    ~ . a i f if; "IPI'Ii ( fCI "il' 'lIT ~ ' I i < ) ' I i (01 ~ :I) 'lm 'l ffi'f it (2) 'If'I

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    ' 3 l ~ T "Irtt "Itf fon

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    57.

    12P/201/31(il

    is not related to a cheque?hich of the following(1) Writing(3) Order to pay (2) Promise to pay(4) Unconditionalf.i "1f11futtl if \'t 'Iif;;-m ?(1) f11futtl (2) ' 'ltll'1 lit lOIRt l1(3) ' 'ltll'1 'liT ~ ~ T (4) ~ l h ~ t I

    58. 'Holder' is related to :(1) Indian Contract Act (2) Insurance Act(3) Negotiable Insurance Act (4 ) Companies ActIT : li :

    ( 1 ) '

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    ~ if ;;IT

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    -31fffieq if :( 1 ) "1l'f if(3) ' O

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    73. International Finance Corporation is an affiliate of :(1) World Bank(2) International Monetary Fund(3) Reserve Bank of India4) International Development Association

    12P/201/31 1)

    >3 1 tI Il 3lfq; ~ f i J g ' l l (2) A'5;3lfq; ~ f i J g ' l l(4) 'i 1 ,1 l ft;:;jcf

    76. According to going concern concept of accounting a business isviewed as having:(1) a short life (2) a limited life(3) an indefinite life (4) a very long lifetf~ < i I 1 B = ?(1) ofI

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    77. According to which of the following accounting concepts, even theproprietor of a business is treated as a creditor to the extent of hiscapital?(I) Money measurement(3) Dual aspect concept

    (2) Cost concept(4) Separate entity concept

    8'i

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    'ff T l'11'l"lI'1 f

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    86. The term depletion is used in relation to(1) Fixed assets (2) Current assets(3) Intangible assets (4) Wasting assets141 'h {O I 1T

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    fI >q Rt -.r; l l 11 Y '1

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    92. Petty cash system is designed:(I) To meet the needs of small businesses2) To cover small and miscellaneous incomes(3) To cover the small expenditures to be paid in cash(4) To cover both small incomes and small expenditures

    q aRi 0J\t 0J\t '1'ft :(1) CllCl fll < I I - m < it ' "f(2) '*' Fc@rq -aw t < it ' "f ~(3) a:r1 'T

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    95. Which of the following is ot correct?(1) Purchases + opening stock - cost of goods sold- closing stock(2) Opening Stock+ purchase - closing stock =cost of goods sold(3) Closing stock + cost of goods sold-Purchases-opening stock(4) Cost of goods sold - closing stock- purchases= opening stockf.'I ' 1 ~ ~ d if ft ~ mt 'ie'f ~ ?(1) t ' f ) ,;;Rlql +

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    If

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    IA, B < I-.:rr C ' ' '

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    102 Partnership can be brought to an end by giving notice when:(1) Partnership is for a fixed period(2) Partnership is not for a fixed period(3) Partnership is at will(4) the purpose for which it was established has come to an endoilRf1 f1I$l

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    105. Partnership deed provides for a salary of 10,000 per month to partner X , . f X withdraws only t 5,000 in a month, the remaining {5,000 IS(1) Credited to profit and loss ( adjustment) account(2) Credited to current account of Partner 'X'.(3) Credited to salary payble acoount(4) debited to capital account of partner 'X'ftli1a:I{I

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    107 On an equity share of f 100 the minimum amount of applicationmoney under the law should be(11 \2 (21 \ 5 (3) \ 10 (41 \ 50\ 100 Ii ff"fffi" J i ~ T 1:f{ fcr'IT'f ' 31"1'[

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    110. 'X' Limited forfeited 20 shares of i 10 each, i 7 called up. on whichJohn had paid application and allotment money of i 5 per share. Ofthese, 15 shares were reissued to Parker as fully paid up for i 6 pershare. What amount should be transferred to Capital Reserve Ac-count?11 i 100 (2) i 75 (3) i 20 (4) i 15

    ~ ~ s {10 ~ , f'lffi" ' i 7 l 1 ~ < 1 20 3 l ~ i T 'liT ' InlW:rr 1 - 3 l ~ i T ' ;;j\;f fit ' ' " '3'1i

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    113. Share Application account is(1) Personal Account(3) Nominal Account

    > 3 l ~ J:IT"\'11 q3(1) lfiffi'l1

    114. Preference shareholder are(1) Debetors of the company(3) Customers of the company

    > 3 l ~ 1 l r t t -;?Rt(1) 'h"ln of; d:'1

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    117. When current ratio is : 1 an equal increase in current assets andcurrent liabilities would:1) Increase the current ratio

    (3) Not change the current ratio2) Decrease the current ratio

    (4) None of the above"'Ij'4l

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    Pi"1lttitsl\1 mi' R 'I tT I1Cft( I ) fI 'h

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    124.When opening stock is \ 50,000 closing stock: \ 60,000 and cost ofgoods sold 2,20,000, then stock turnover r a t i ~ is :11 2 times (2) 3 times (3) 4 times (4) 5 times

    ~ 1 < ~ < I b u ~ R I ' " \ 50,000, u ~ R I l i i 60,000 8ifil>'ljQI

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    'i,,"li '1 i tl f?jgl1 1\1 1 1 "liT 14>

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    3l li f q;r f.'i.i'l'1 m fil;

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    136.Job Costing is used in :(1) Paper mills(3) Printing press

    (1) ' l iI ' l ' t(3) 81Ql < I ' I I ~ ' b I