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# CA-CPT Question Paper June (Session 2) - 2017

## 100 Questions MCQ Test CA CPT - Mock Test Series and Previous Year Question Papers | CA-CPT Question Paper June (Session 2) - 2017

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This mock test of CA-CPT Question Paper June (Session 2) - 2017 for CA CPT helps you for every CA CPT entrance exam. This contains 100 Multiple Choice Questions for CA CPT CA-CPT Question Paper June (Session 2) - 2017 (mcq) to study with solutions a complete question bank. The solved questions answers in this CA-CPT Question Paper June (Session 2) - 2017 quiz give you a good mix of easy questions and tough questions. CA CPT students definitely take this CA-CPT Question Paper June (Session 2) - 2017 exercise for a better result in the exam. You can find other CA-CPT Question Paper June (Session 2) - 2017 extra questions, long questions & short questions for CA CPT on EduRev as well by searching above.
QUESTION: 1

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QUESTION: 2

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QUESTION: 3

### In case of an inferior good, the income elasticity of demand is

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QUESTION: 4

If a good is luxury, its income elasticity of demand is:

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QUESTION: 5

If there is 50% rise in price and there is no change in Quantity demanded, then the elasticity of demand is?

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QUESTION: 6

Which of the following is not a determinant of supply?

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QUESTION: 7

When the price of a commodity increases from Rs. 200 to Rs. 250 and consequently the quantity supplied increases from 1000 units to 1100 units. What is the co- efficient of elasticity of supply

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QUESTION: 8

Indifference curve is convex to the origin due to

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QUESTION: 9

What term is used for maximum capital which the company can raise in its life time?

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QUESTION: 10

C.W.Cobb and Douglas of the U.S.A. studied the production function of the American __ industries:

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QUESTION: 11

In economics ___ refers to creating utility for goods & services?

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QUESTION: 12

The cost of one thing in terms of the alternative given up is known as:

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QUESTION: 13

Now a days, in the long run the modern firms faces________ cost curve when technology changes.

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QUESTION: 14

_____Cost remain fixed over certain range of output, but suddenly jump to a new higher level when output goes beyond a given limit,

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QUESTION: 15

The average Cost of Producing 9 units of a Commodity is Rs.200 and the fixed cost is Rs.630. What amount of average total cost is made up of variable cost?

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QUESTION: 16

Find out AVC of 3 units: Solution:
QUESTION: 17

Which of the following markets  are classified on the basis of nature of transactions?

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QUESTION: 18

When supply increases, the supply curve shifts towards right. The increase in supply denotes a shift in the supply curve to the right. If there is an increase in supply without change in demand equilibrium price will _____ and the equilibrium quantity will decrease.

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QUESTION: 19

Which of the following statements is incorrect?

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QUESTION: 20

Under which of the following forms of market structure does a firm have no price of its product?

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QUESTION: 21

Under perfect competition a firm is described as

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QUESTION: 22

For a firm to become profitable it should expand output whenever?

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QUESTION: 23

Which of the following is not the objective of  price discrimination?

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QUESTION: 24

In oligopoly, when the industry is dominated by one large firm which is considered as leader of the group. This is called:

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QUESTION: 25

Production possibilities curve is also known as:

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QUESTION: 26

Which of the following method is based on collection and analysis of facts?

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QUESTION: 27

Which economic system is described by Schumpeter as "capitalism in the oxygen tent"?

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QUESTION: 28

Water supply and construction comes under which sector?

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QUESTION: 29

Which of the following statement is correct?

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QUESTION: 30

If in a population of 1000 people, 400 people are in the labour force, 392 are employed, what is the unemployment rate?

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QUESTION: 31

Most of the unemployment in India is___

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QUESTION: 32

At present what is the multi-dimensional poverty index?

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QUESTION: 33

In order to enhance access  to secondary education and improve its quality __ was introduced in 2009

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QUESTION: 34

Which programme was launched in rural India to provide accessible, affordable and quality health services in 2005.

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QUESTION: 35

Which of the following may be attributed for fast growth of service sector in India?

i)Technical, structural changes have made it more efficient to outsource certain services being they were once produce within the  industry

ii)It has been noticed elasticity of income demand of services

iii)Revolution in IT has become jiiore possible to deliver services over long distance at reasonable cost

iv)Reform in certain segments in infrastructural services have been contributed to growth of services

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QUESTION: 36

Problem of agricultural system in India:

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QUESTION: 37

Which of the following is not a function of RBI?

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QUESTION: 38

Commercial banks in India include

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QUESTION: 39

An increase in Reverse Repo rate causes?

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QUESTION: 40

What is base year considered for WPI?

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QUESTION: 41

Money in dynamic sense means:

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QUESTION: 42

Which of the following committee modified direct and indirect taxes?

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QUESTION: 43

______ measures that part of government expenditure which is financed by borrowings

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QUESTION: 44

Debt service ratio means

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QUESTION: 45

Which is not included in the World Bank?

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QUESTION: 46

Which of the following objectives are taken to promote globalization?

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QUESTION: 47

NNPfc plus ___ is equal to  NNPmp.

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QUESTION: 48

NDP does not include:

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QUESTION: 49

Which of the following would be included in current NNP?

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QUESTION: 50

Calculate GNPMP. NDPFC = 7,000, NFIA = 200, CCA = 250, Net Indirect Tax = 150.

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QUESTION: 51

log (13 + 23 + 33 + ..... + n3)= _____

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QUESTION: 52 Solution:
QUESTION: 53

In a class, 80 students speak Hindi, 60 students speak English and 40 students speak both Hindi and English then the number of students in the class is ___

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QUESTION: 54 Solution:
QUESTION: 55

The Range of the function f is defined by Solution:
QUESTION: 56

If a, -3, d, 5, c are in A.P then the value of c is

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QUESTION: 57

The sum n terms of the series 1+(1+3)+(1+3+5)+ ....

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QUESTION: 58

The sum of first 20 terms of a G.P is 1025 times the sum of first 10 terms then the common ratio is

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QUESTION: 59

A dietitian wishes to mix together two kinds of food so that the vitamin content of the mixture is at least 9 units of vitamin A, 7 units of vitamin B, 10 units of vitamin C and 12 units of vitamin D. The vitamin content per kg. of each food is shown below: Assuming x kgs of food I is to  be mixed with y kgs of food II the situation can be expressed as

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QUESTION: 60

The shaded region represented by the inequalities 4x+3y ≤ 60, y ≥ 2x, x ≥  3, x ≥ 0, y≥  0 is

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QUESTION: 61

If α2 , β be the roots of x2+ x + 5= 0 then, Solution:
QUESTION: 62

The sides of equilateral triangle are shortened by 3 units, 4 units, 5 units respectively then a right angle triangle is formed. The side of the equilateral triangle was

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QUESTION: 63 Solution:
QUESTION: 64 Solution:
QUESTION: 65 is undefinedat x = 1. What value must be assigned to f(x) at x = 1 such that f(x) is continuous at x = 1 is

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QUESTION: 66

If x = at3 + bt2 - t and y = at2  - 2 bt then dy/dx at t = 0 = _

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QUESTION: 67

Solve Solution:
QUESTION: 68

The equation of the curve which passes through the point (1,2) and has the slope 3x-4 at any point (x,y) is

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QUESTION: 69

The number of arrangements that can be formed from the letters of the word "ALLAHABAD"

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QUESTION: 70

If 10C3 + 2 . 10 C4 + 10C6 = n C5 then the values of n = ?

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QUESTION: 71

The number of parallelograms that can be formed by a set of 6 parallel lirras ifeSersecte by the another set of 4 parallel lines is____

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QUESTION: 72

If a:b = 2:3, b:c = 4:5, c:d - 6:7 then a:d is____

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QUESTION: 73

The difference between simple and compound interest on a sum of Rs.10000 for 4 years at the rate of interest 10% per annum is_____

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QUESTION: 74

The future value of an annuity of Rs.1500 made annually for 5 years at an interest rate of 10% compounded annually is ___(Given that (1.1)5 =1.61051)

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QUESTION: 75

What sum should be invested at the end of every year so as to accumulate an amount of Rs. 796870 at the end of 10 years at the rate interest 10% compounded annually, given That  A(10,0,1) = 15.9374

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QUESTION: 76

Which of the following is correct?

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QUESTION: 77

A person purchases 5 rupees worth of eggs from 10 different markets. You are to find average no. of eggs per rupee for all the markets taken together. What is the suitable form average in this case?

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QUESTION: 78

GM = 6, AM = 6.5 then HM =

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QUESTION: 79

A company's past 10 years average earnings was Rs.40 crores. For obtaining the same average earnings for 11 years including these 10 years how much earning (in Rs.) must be made by the company in the 11th year?

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QUESTION: 80

The rates of returns from three different shares are 100%, 200% and 400% respectively, the average rate of return will be____

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QUESTION: 81

If AM and CV of a random variable X are 10 & 40 respectively, then the variance of Solution:
QUESTION: 82

Correlation between temperature and power consumption is

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QUESTION: 83

Coefficient of correlation between X & Y is 0.6. If both X and Y are multiplied by - 1. Then resultant coefficient of correlation is

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QUESTION: 84

If the two regression lines are x + y = 1 and x - y = 1 then x and y are

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QUESTION: 85

Fisher's index number does not satisfy

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QUESTION: 86

If Laspeyre's index is L and Paasche's index is P then Fisher's index F is

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QUESTION: 87

The monthly income of a person an in the year  2014 was Rs. 8,000 and CPI was 160. TheCPI is 200 in the year 2017. What will be the additional dearness allowance the year

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QUESTION: 88

The intersection point of less than ogive and more than ogive gives

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QUESTION: 89

Which of the following diagram is appropriate to represent the various heads in total cost?

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QUESTION: 90

Frequency density corresponding to a class interval is the ratio of_

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QUESTION: 91

The probability of getting atleast one 6 from 3 throws of a perfect die is

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QUESTION: 92

For any two events A and B

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QUESTION: 93 Solution:
QUESTION: 94

In ___ distribution, mean = variance.

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QUESTION: 95

In Binomial distribution, if variance = mean then n & p are:

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QUESTION: 96

If X ~ N (50,16) then which of the following is not possible.

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QUESTION: 97

A Population comprises of 5 units. The total number of all possible samples each of size 2 units that can be drawn from the population with replacement is

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QUESTION: 98

Sampling is preferred than population in which of the following case(s)

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QUESTION: 99

The large, medium and small sized firms are sampled for audit purpose then the sampling procedure is

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QUESTION: 100

If H0 is true but H1 is accepted then it is___ error

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