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CA-CPT Question Paper December - 2013(Session 2)


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100 Questions MCQ Test | CA-CPT Question Paper December - 2013(Session 2)

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CA-CPT Question Paper December - 2013(Session 2) - Question 1

What does “Price mechanism” exists.

CA-CPT Question Paper December - 2013(Session 2) - Question 2

Socialist economy is also known as ____economy

CA-CPT Question Paper December - 2013(Session 2) - Question 3

In a perfectly competitive markets , if MR is greater than MC then a firm should

CA-CPT Question Paper December - 2013(Session 2) - Question 4

When total utility is increases at a diminishing rate, then marginal utility is ______

CA-CPT Question Paper December - 2013(Session 2) - Question 5

The cross elasticity of demand between two perfect substitutes will be

CA-CPT Question Paper December - 2013(Session 2) - Question 6

The shape of IC for complementary goods is

CA-CPT Question Paper December - 2013(Session 2) - Question 7

Kinked demand curve is related to

CA-CPT Question Paper December - 2013(Session 2) - Question 8

In long-run a monopolist always earn ___profits

CA-CPT Question Paper December - 2013(Session 2) - Question 9

The concept ‘Returns to scale’ is related with _

CA-CPT Question Paper December - 2013(Session 2) - Question 10

A Higher IC shows ______

CA-CPT Question Paper December - 2013(Session 2) - Question 11

Positive science only explains _____

CA-CPT Question Paper December - 2013(Session 2) - Question 12

In a Cobb – Douglas production function, two inputs are ____

CA-CPT Question Paper December - 2013(Session 2) - Question 13

From which of the following the concept of consumer’s surplus has been derived

CA-CPT Question Paper December - 2013(Session 2) - Question 14

The Price line / Budget line of a consumer is

CA-CPT Question Paper December - 2013(Session 2) - Question 15

The Demand for factors of production is ___Demand

CA-CPT Question Paper December - 2013(Session 2) - Question 16

Production function is

CA-CPT Question Paper December - 2013(Session 2) - Question 17

Which statement among below is correct in reference to AFC?

CA-CPT Question Paper December - 2013(Session 2) - Question 18

Innovation theory of entrepreneur is propounded by

Detailed Solution for CA-CPT Question Paper December - 2013(Session 2) - Question 18

Joseph Schumpeter propounded the well-known innovative theory of entrepreneurship. Schumpeter takes the case of a capitalist closed economy which is in stationary equilibrium. ... Innovations of entrepreneurs are responsible for the rapid economic development of any country.

CA-CPT Question Paper December - 2013(Session 2) - Question 19

If a seller obtains Rs.3,000 after selling 50 units and Rs.3,100 after selling 52 units then MR will be

CA-CPT Question Paper December - 2013(Session 2) - Question 20

The Price of a tiffin box is Rs. 100 per unit andt he quantity demanded in a market is 1,25,000 units . Company increased the price to Rs.125 per unit due to this increase in price quantity demanded decreases to 1,00,000 units. what will be price elasticity of demand ______

CA-CPT Question Paper December - 2013(Session 2) - Question 21

Economics which is concerned with welfare propositions is called.

CA-CPT Question Paper December - 2013(Session 2) - Question 22

Under which of the following forms of market structure does a firm has very considerable control over the price of its product?

CA-CPT Question Paper December - 2013(Session 2) - Question 23

The price of a commodity decreases from 10 to 8 and the quantity demanded of it increases from 25 to 30 units .Then the coefficient of price elasticity will be _____

CA-CPT Question Paper December - 2013(Session 2) - Question 24

In which among the following systems the“Right to property” exists

CA-CPT Question Paper December - 2013(Session 2) - Question 25

Objectives of price discrimination in international market is

CA-CPT Question Paper December - 2013(Session 2) - Question 26

What is the elasticity between midpoint & upper extreme point of a straight line continuous demand curve?

CA-CPT Question Paper December - 2013(Session 2) - Question 27

Who is responsible for collecting & presenting statistics in India

CA-CPT Question Paper December - 2013(Session 2) - Question 28

Value added method is used to measure__

CA-CPT Question Paper December - 2013(Session 2) - Question 29

Bad and doubtful debts of scheduled commercial banks are known as___

CA-CPT Question Paper December - 2013(Session 2) - Question 30

Direct taxes are___ in nature

CA-CPT Question Paper December - 2013(Session 2) - Question 31

The portion of total deposits which a commercial bank has to keep with itself in liquid assets is known as__

CA-CPT Question Paper December - 2013(Session 2) - Question 32

Under strategic sale method disinvestment price is fixed on___

CA-CPT Question Paper December - 2013(Session 2) - Question 33

Land development bank provide loans for a period of______

CA-CPT Question Paper December - 2013(Session 2) - Question 34

Censes of population is done in India at an interval of ___

CA-CPT Question Paper December - 2013(Session 2) - Question 35

Which of the following is the largest contribution of GDP in India.

CA-CPT Question Paper December - 2013(Session 2) - Question 36

Which index is used to measure inequality of income and wealth?

CA-CPT Question Paper December - 2013(Session 2) - Question 37

Which of the following is not controlled by RBI

CA-CPT Question Paper December - 2013(Session 2) - Question 38

Which of the following is not a component of demand pull inflation

CA-CPT Question Paper December - 2013(Session 2) - Question 39

National Income differs from Net National Product at market price by the amount of

CA-CPT Question Paper December - 2013(Session 2) - Question 40

The production method of calculating national income is also known as ____

CA-CPT Question Paper December - 2013(Session 2) - Question 41

Which of the following type land tenure system were prevailed in India at the time independence?

CA-CPT Question Paper December - 2013(Session 2) - Question 42

Fiscal deficit can be reduced by__

CA-CPT Question Paper December - 2013(Session 2) - Question 43

The rate at which discounting of bills of first class is done by RBI is called

CA-CPT Question Paper December - 2013(Session 2) - Question 44

Convertibility of rupee means ___

CA-CPT Question Paper December - 2013(Session 2) - Question 45

Globalization means__________

CA-CPT Question Paper December - 2013(Session 2) - Question 46

Which of the following is a qualitative method of credit control?

CA-CPT Question Paper December - 2013(Session 2) - Question 47

When price rise because of growing factor prices then that inflation is called as

CA-CPT Question Paper December - 2013(Session 2) - Question 48

Fiscal policy means

CA-CPT Question Paper December - 2013(Session 2) - Question 49

The term disinvestment is more popularly used

CA-CPT Question Paper December - 2013(Session 2) - Question 50

One major proposal of new industrial policy (1991) was

CA-CPT Question Paper December - 2013(Session 2) - Question 51

In how many ways can a family consist of 3 children have different birthdays in a leap year

CA-CPT Question Paper December - 2013(Session 2) - Question 52

CA-CPT Question Paper December - 2013(Session 2) - Question 53

Find the value of Log4 9 .Log3 2 =

CA-CPT Question Paper December - 2013(Session 2) - Question 54

 then find the value of 

CA-CPT Question Paper December - 2013(Session 2) - Question 55

Of the 200 candidates who were interviewed for a position at call center, 100 had a two wheeler, 70 had a credit card and 140 had a mobile phone. 40 of them had both a two wheeler and a credit card, 30 had both a credit card and mobile phone, 60 had both a two wheeler and a mobile phone and 10 had all the three. How many candidates had none of them?

CA-CPT Question Paper December - 2013(Session 2) - Question 56

CA-CPT Question Paper December - 2013(Session 2) - Question 57

 and n is positive integer then 

CA-CPT Question Paper December - 2013(Session 2) - Question 58

An AP has 13 terms whose sum is 143. The third term is 5, then first term is

CA-CPT Question Paper December - 2013(Session 2) - Question 59

The solution of the inequality 8x +6 <12x +14 is

CA-CPT Question Paper December - 2013(Session 2) - Question 60

If kx-4 = (k-1)x which of the following is true

CA-CPT Question Paper December - 2013(Session 2) - Question 61

If the equations kx + 2y = 5 , 3x + y = 1 has no solution then the value of k is

CA-CPT Question Paper December - 2013(Session 2) - Question 62

If b2-4ac is a perfect square but not equal to zero then the roots of the equation ax2+bx+c=0 are

CA-CPT Question Paper December - 2013(Session 2) - Question 63

 which of the following is true

CA-CPT Question Paper December - 2013(Session 2) - Question 64

CA-CPT Question Paper December - 2013(Session 2) - Question 65

The points on the curve y= x3- x2- x +1 Where the tangent is parallel to x-axis are

CA-CPT Question Paper December - 2013(Session 2) - Question 66

Divide 80 into two parts so that their products is maximum, then the numbers are

CA-CPT Question Paper December - 2013(Session 2) - Question 67

A seller makes an offer of selling certain articles that can be described by the equation x=25-2y where x is price per unit and y denotes the no. of units. The cost price of the article is Rs.10 per unit. The maximum quantity that can be offered in a single deal to avoid loss is

CA-CPT Question Paper December - 2013(Session 2) - Question 68

CA-CPT Question Paper December - 2013(Session 2) - Question 69

How many different words can be formed with the letters of the word “LIBERTY”

CA-CPT Question Paper December - 2013(Session 2) - Question 70

CA-CPT Question Paper December - 2013(Session 2) - Question 71

The ratio of numbers is 1:2:3 and sum of their squares is 504 then the numbers are

CA-CPT Question Paper December - 2013(Session 2) - Question 72

In what time will a sum of money double itself at 6.25% p.a simple interest

CA-CPT Question Paper December - 2013(Session 2) - Question 73

The difference between and C.I & S.I at 7% p.a for 2 years is Rs. 29.4. then principal is

CA-CPT Question Paper December - 2013(Session 2) - Question 74

What principle will amount to Rs.370 in 6 years at 8% p.a at simple interest

CA-CPT Question Paper December - 2013(Session 2) - Question 75

G.M of a, b, c, d is 3 then G.M of a  is

CA-CPT Question Paper December - 2013(Session 2) - Question 76

The pair of averages whose value can be determined graphically?

CA-CPT Question Paper December - 2013(Session 2) - Question 77

In normal distribution mean ,median and mode are

CA-CPT Question Paper December - 2013(Session 2) - Question 78

If Arithmetic Mean = (8 +4/2), then Variance is :

CA-CPT Question Paper December - 2013(Session 2) - Question 79

Coefficient of mean deviation about mean for the first 9 natural numbers is :

CA-CPT Question Paper December - 2013(Session 2) - Question 80

Mean =5, S.D = 2.6, Median = 5, Q.D = 1.5 then Coefficient of Q.D is :

CA-CPT Question Paper December - 2013(Session 2) - Question 81

The difference between maximum and minimum value of the data is known as :

CA-CPT Question Paper December - 2013(Session 2) - Question 82

Price and Demand is example for :

CA-CPT Question Paper December - 2013(Session 2) - Question 83

Determine the coefficient of correlation between x and y series

Sum of product deviation of x and y series from mean = 122

CA-CPT Question Paper December - 2013(Session 2) - Question 84

If r = + 1 or - 1 then the two regression lines __

CA-CPT Question Paper December - 2013(Session 2) - Question 85

If mean of X and Y variables is 20 and 40 respectively and the regression coefficient Y on X is 1.608 then the regression line of Y on X is :

CA-CPT Question Paper December - 2013(Session 2) - Question 86

What is the formula for calculating the deflated index :

CA-CPT Question Paper December - 2013(Session 2) - Question 87

The index number for the year 2012 taking 2011 as base using simple average of price relatives method from the data given below is:

CA-CPT Question Paper December - 2013(Session 2) - Question 88

An index time series is a list of ____ numbers for two or more periods of time.

CA-CPT Question Paper December - 2013(Session 2) - Question 89

The difference between upper limit and lower limit of a class is called:

CA-CPT Question Paper December - 2013(Session 2) - Question 90

If the class intervals are 10 -14, 15 -19, 20 -24,... Then the first class boundaries are :

CA-CPT Question Paper December - 2013(Session 2) - Question 91

If P (A) = 0.45, P (B) = 0.35, P (A and B) = 0.25 then P(A /B) =

CA-CPT Question Paper December - 2013(Session 2) - Question 92

Two coins are tossed simultaneously then the probability of getting exactly one head is

CA-CPT Question Paper December - 2013(Session 2) - Question 93

The probability that a cricket team winning a match at Kanpur is 2/5 and loosing a match at Delhi is 1/7. What is the probability of the team winning at least one match?

CA-CPT Question Paper December - 2013(Session 2) - Question 94

Find the expected value of the following probability distribution

CA-CPT Question Paper December - 2013(Session 2) - Question 95

In a certain poisson frequency distribution, the probability corresponding to two successes is half of the probability corresponding to three successes. The mean of the distribution is

CA-CPT Question Paper December - 2013(Session 2) - Question 96

If the points of inflexion of a normal curve are 6 and 14 then standard deviation is

CA-CPT Question Paper December - 2013(Session 2) - Question 97

There are 75 students in a class and their average marks is 50 and S.D of marks is 5. Number of students who have secured more than 60 marks (Given that area under the normal curve for z = 2 is 0.4772) is ______

CA-CPT Question Paper December - 2013(Session 2) - Question 98

Which of the following is non-probability sampling?

CA-CPT Question Paper December - 2013(Session 2) - Question 99

Sample in which the number of units is less than _____ is called a small sample

CA-CPT Question Paper December - 2013(Session 2) - Question 100

Standard deviation of a sampling distribution is known as:

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