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This mock test of CA-CPT Question Paper December - 2013(Session 2) for CA CPT helps you for every CA CPT entrance exam.
This contains 100 Multiple Choice Questions for CA CPT CA-CPT Question Paper December - 2013(Session 2) (mcq) to study with solutions a complete question bank.
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QUESTION: 1

What does “Price mechanism” exists.

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QUESTION: 2

Socialist economy is also known as ____economy

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QUESTION: 3

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

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QUESTION: 4

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

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QUESTION: 5

The cross elasticity of demand between two perfect substitutes will be

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QUESTION: 6

The shape of IC for complementary goods is

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QUESTION: 7

Kinked demand curve is related to

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QUESTION: 8

In long-run a monopolist always earn ___profits

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QUESTION: 9

The concept ‘Returns to scale’ is related with _

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QUESTION: 10

A Higher IC shows ______

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QUESTION: 11

Positive science only explains _____

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QUESTION: 12

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

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QUESTION: 13

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

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QUESTION: 14

The Price line / Budget line of a consumer is

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QUESTION: 15

The Demand for factors of production is ___Demand

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QUESTION: 16

Production function is

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QUESTION: 17

Which statement among below is correct in reference to AFC?

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QUESTION: 18

Innovation theory of entrepreneur is propounded by

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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.

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

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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 ______

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QUESTION: 21

Economics which is concerned with welfare propositions is called.

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QUESTION: 22

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

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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 _____

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QUESTION: 24

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

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QUESTION: 25

Objectives of price discrimination in international market is

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QUESTION: 26

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

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QUESTION: 27

Who is responsible for collecting & presenting statistics in India

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QUESTION: 28

Value added method is used to measure__

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QUESTION: 29

Bad and doubtful debts of scheduled commercial banks are known as___

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QUESTION: 30

Direct taxes are___ in nature

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QUESTION: 31

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

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QUESTION: 32

Under strategic sale method disinvestment price is fixed on___

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QUESTION: 33

Land development bank provide loans for a period of______

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QUESTION: 34

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

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QUESTION: 35

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

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QUESTION: 36

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

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QUESTION: 37

Which of the following is not controlled by RBI

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QUESTION: 38

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

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QUESTION: 39

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

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QUESTION: 40

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

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QUESTION: 41

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

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QUESTION: 42

Fiscal deficit can be reduced by__

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QUESTION: 43

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

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QUESTION: 44

Convertibility of rupee means ___

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QUESTION: 45

Globalization means__________

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QUESTION: 46

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

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QUESTION: 47

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

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QUESTION: 48

Fiscal policy means

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QUESTION: 49

The term disinvestment is more popularly used

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QUESTION: 50

One major proposal of new industrial policy (1991) was

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QUESTION: 51

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

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QUESTION: 52

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QUESTION: 53

Find the value of Log_{4} 9 .Log_{3} 2 =

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QUESTION: 54

then find the value of

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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?

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QUESTION: 56

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QUESTION: 57

and n is positive integer then

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QUESTION: 58

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

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QUESTION: 59

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

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QUESTION: 60

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

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QUESTION: 61

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

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QUESTION: 62

If b^{2}-4ac is a perfect square but not equal to zero then the roots of the equation ax^{2}+bx+c=0 are

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QUESTION: 63

which of the following is true

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QUESTION: 64

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QUESTION: 65

The points on the curve y= x^{3}- x^{2}- x +1 Where the tangent is parallel to x-axis are

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QUESTION: 66

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

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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

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QUESTION: 68

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QUESTION: 69

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

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QUESTION: 70

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QUESTION: 71

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

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QUESTION: 72

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

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QUESTION: 73

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

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QUESTION: 74

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

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QUESTION: 75

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

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QUESTION: 76

The pair of averages whose value can be determined graphically?

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QUESTION: 77

In normal distribution mean ,median and mode are

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QUESTION: 78

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

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QUESTION: 79

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

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QUESTION: 80

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

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QUESTION: 81

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

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QUESTION: 82

Price and Demand is example for :

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QUESTION: 83

Determine the coefficient of correlation between x and y series

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

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QUESTION: 84

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

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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 :

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QUESTION: 86

What is the formula for calculating the deflated index :

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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:

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QUESTION: 88

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

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QUESTION: 89

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

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QUESTION: 90

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

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QUESTION: 91

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

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QUESTION: 92

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

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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?

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QUESTION: 94

Find the expected value of the following probability distribution

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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

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QUESTION: 96

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

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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 ______

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QUESTION: 98

Which of the following is non-probability sampling?

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QUESTION: 99

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

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QUESTION: 100

Standard deviation of a sampling distribution is known as:

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