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


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100 Questions MCQ Test | CA-CPT Question Paper June (Session 2) - 2017

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CA-CPT Question Paper June (Session 2) - 2017 - Question 1

Which of the following is not a part of demand?

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

Which of the following pairs of goods is an example of substitutes?

CA-CPT Question Paper June (Session 2) - 2017 - Question 3

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 4

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 5

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 6

Which of the following is not a determinant of supply?

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 8

Indifference curve is convex to the origin due to

CA-CPT Question Paper June (Session 2) - 2017 - Question 9

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 10

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 11

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 12

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 13

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

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

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 16

Find out AVC of 3 units:

CA-CPT Question Paper June (Session 2) - 2017 - Question 17

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

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

Detailed Solution for CA-CPT Question Paper June (Session 2) - 2017 - Question 18

Correct Answer :- a

Explanation : An increase in demand causes the equilibrium price to rise. On the other hand, a decrease in demand causes the equilibrium price to fall. An increase in supply causes the equilibrium price to fall, while a decrease in supply causes the equilibrium price to rise.

CA-CPT Question Paper June (Session 2) - 2017 - Question 19

Which of the following statements is incorrect?

CA-CPT Question Paper June (Session 2) - 2017 - Question 20

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 21

Under perfect competition a firm is described as

CA-CPT Question Paper June (Session 2) - 2017 - Question 22

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 23

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 24

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 25

Production possibilities curve is also known as:

CA-CPT Question Paper June (Session 2) - 2017 - Question 26

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 27

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 28

Water supply and construction comes under which sector?

CA-CPT Question Paper June (Session 2) - 2017 - Question 29

Which of the following statement is correct?

CA-CPT Question Paper June (Session 2) - 2017 - Question 30

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 31

 Most of the unemployment in India is___

CA-CPT Question Paper June (Session 2) - 2017 - Question 32

At present what is the multi-dimensional poverty index?

CA-CPT Question Paper June (Session 2) - 2017 - Question 33

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 34

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

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 36

Problem of agricultural system in India:

CA-CPT Question Paper June (Session 2) - 2017 - Question 37

Which of the following is not a function of RBI?

CA-CPT Question Paper June (Session 2) - 2017 - Question 38

Commercial banks in India include

CA-CPT Question Paper June (Session 2) - 2017 - Question 39

An increase in Reverse Repo rate causes?

CA-CPT Question Paper June (Session 2) - 2017 - Question 40

What is base year considered for WPI?

CA-CPT Question Paper June (Session 2) - 2017 - Question 41

Money in dynamic sense means:

CA-CPT Question Paper June (Session 2) - 2017 - Question 42

Which of the following committee modified direct and indirect taxes?

CA-CPT Question Paper June (Session 2) - 2017 - Question 43

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 44

Debt service ratio means

CA-CPT Question Paper June (Session 2) - 2017 - Question 45

Which is not included in the World Bank?

CA-CPT Question Paper June (Session 2) - 2017 - Question 46

Which of the following objectives are taken to promote globalization?

CA-CPT Question Paper June (Session 2) - 2017 - Question 47

NNPfc plus ___ is equal to  NNPmp.

CA-CPT Question Paper June (Session 2) - 2017 - Question 48

 

NDP does not include: 

CA-CPT Question Paper June (Session 2) - 2017 - Question 49

Which of the following would be included in current NNP?

CA-CPT Question Paper June (Session 2) - 2017 - Question 50

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 51

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 52

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 54

CA-CPT Question Paper June (Session 2) - 2017 - Question 55

The Range of the function f is defined by  

CA-CPT Question Paper June (Session 2) - 2017 - Question 56

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 57

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

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

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 60

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 61

 If α2 , β be the roots of x2+ x + 5= 0 then, 

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 63

CA-CPT Question Paper June (Session 2) - 2017 - Question 64

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 66

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 67

Solve 

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 69

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 70

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

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 72

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

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

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

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 76

Which of the following is correct?

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 78

GM = 6, AM = 6.5 then HM =

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 80

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 81

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 82

Correlation between temperature and power consumption is

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 84

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 85

Fisher's index number does not satisfy

CA-CPT Question Paper June (Session 2) - 2017 - Question 86

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

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 88

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 89

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 90

Frequency density corresponding to a class interval is the ratio of_

CA-CPT Question Paper June (Session 2) - 2017 - Question 91

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 92

For any two events A and B 

CA-CPT Question Paper June (Session 2) - 2017 - Question 93

CA-CPT Question Paper June (Session 2) - 2017 - Question 94

In ___ distribution, mean = variance.

CA-CPT Question Paper June (Session 2) - 2017 - Question 95

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 96

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

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 98

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 99

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

CA-CPT Question Paper June (Session 2) - 2017 - Question 100

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

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