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CA-CPT Question Paper December - 2014(Session 2)


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100 Questions MCQ Test | CA-CPT Question Paper December - 2014(Session 2)

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CA-CPT Question Paper December - 2014(Session 2) - Question 1

Which of the following Is not a scheme to reduce poverty In India?

CA-CPT Question Paper December - 2014(Session 2) - Question 2

A market structure In which many firms sell product that are similar, but not identical.

CA-CPT Question Paper December - 2014(Session 2) - Question 3

In inductive method, logic proceeds from —

CA-CPT Question Paper December - 2014(Session 2) - Question 4

The most important function of an entrepreneur is to _______

CA-CPT Question Paper December - 2014(Session 2) - Question 5

Which among the following in the iight formula for price elasticity of demand using Ratio Method

CA-CPT Question Paper December - 2014(Session 2) - Question 6

Price discrimination will not be profitable if elasticity of demand is_ in different markets.

CA-CPT Question Paper December - 2014(Session 2) - Question 7

In case of Straight Line demand curve meeting two axes, the Price Elasticity of demand at a point where the curve meets x-axis would be

CA-CPT Question Paper December - 2014(Session 2) - Question 8

Average Cost of Producing 50 units of a Commodity is Rs.250 and fixed cost is Rs.1000. What will be the average fixed cost of producing 100 units of the Commodity?

CA-CPT Question Paper December - 2014(Session 2) - Question 9

U near Homogeneous Production function is based on —

CA-CPT Question Paper December - 2014(Session 2) - Question 10

Once the agency has discussed the brief with the client, the agency provides a detailed outline of how they intend to investigate the problem. This document is called the ____________:

CA-CPT Question Paper December - 2014(Session 2) - Question 11

Positively sloped (i.e. rising) part of long run Average Cost Curve Is due to which of the following

CA-CPT Question Paper December - 2014(Session 2) - Question 12

Elasticity of Supply is greater than one when

CA-CPT Question Paper December - 2014(Session 2) - Question 13

The excess of Price which he would be willing to pay rather than go without the thing over that which he actually does pay in the economic measure of his surplus satisfaction is given by

CA-CPT Question Paper December - 2014(Session 2) - Question 14

The firm in a perfectly competitive market is a price take?. This designation as a 0pilce take? is based on the assumption that:

CA-CPT Question Paper December - 2014(Session 2) - Question 15

The Economy achieves Productive Efficiency’ when:

CA-CPT Question Paper December - 2014(Session 2) - Question 16

Kinked demand curve of the Oligopoly indicates

I) If one firm decreases price other firms also decreases the price

II) If one firm increases price other firms also increases the price

III) If one firm decreases the price other firms does not decrease the price.
IV) If one firm increases the price other firms does not increase the price.

CA-CPT Question Paper December - 2014(Session 2) - Question 17

When the price of commodity is Rs.20/- quantity demand is 9 units; and when price is Rs.19, quantity demanded is 10 units. Based on this Information, what Is marginal revenue resulting from an increase in output from 9 units to 10 units.

CA-CPT Question Paper December - 2014(Session 2) - Question 18

If the quantity demanded of the good increases by 5% when the price another good increases by 20%. then the cross pnce elasticity of demand between two goods is —

CA-CPT Question Paper December - 2014(Session 2) - Question 19

A company produces 10 units of output and incurs Rs.30 per unit of variable cost and Rs.5 per unit of fixed cost. In this case total cost Is:

CA-CPT Question Paper December - 2014(Session 2) - Question 20

AFC curve is always _____

CA-CPT Question Paper December - 2014(Session 2) - Question 21

In case of law of variable proportions, diminishing returns occur.

CA-CPT Question Paper December - 2014(Session 2) - Question 22

In Long run which of the following is true for a perfect competition

CA-CPT Question Paper December - 2014(Session 2) - Question 23

In which year SEZ policy was announced?

CA-CPT Question Paper December - 2014(Session 2) - Question 24

The share of agriculture in India’s National Income has._ over the years

CA-CPT Question Paper December - 2014(Session 2) - Question 25

In which year Income tax was first introduced_

CA-CPT Question Paper December - 2014(Session 2) - Question 26

Which of the following is a type of inflation?

CA-CPT Question Paper December - 2014(Session 2) - Question 27

Which of the following is not a function of Commercial Banks?

CA-CPT Question Paper December - 2014(Session 2) - Question 28

Special drawing rights were created In 1969 by 

CA-CPT Question Paper December - 2014(Session 2) - Question 29

In which of the following areas. 100% FDI was not allowed?

CA-CPT Question Paper December - 2014(Session 2) - Question 30

WhIch among the following functions, money serves In the dynamic sense?

CA-CPT Question Paper December - 2014(Session 2) - Question 31

refers to that portion of total deposits which a commercial bank has to keep with Itself In the form of liquId assets.

CA-CPT Question Paper December - 2014(Session 2) - Question 32

WhIch among the following pairs is mismatched?

CA-CPT Question Paper December - 2014(Session 2) - Question 33

Which of the following is mismatch?

CA-CPT Question Paper December - 2014(Session 2) - Question 34

WhIch of the following is not a part of world bank group?

CA-CPT Question Paper December - 2014(Session 2) - Question 35

Which of the following is incorrect?

CA-CPT Question Paper December - 2014(Session 2) - Question 36

Lending and borrowing operations of commercial banks result in — in the country.

CA-CPT Question Paper December - 2014(Session 2) - Question 37

“Partnership in excellence” programe has been launched by ministry of power to __

CA-CPT Question Paper December - 2014(Session 2) - Question 38

Right to children to free and compulsory education Act RTE Act, 2009 has made free education for all children between the age of_

CA-CPT Question Paper December - 2014(Session 2) - Question 39

Which of the following item will not be included in balance of current account?

CA-CPT Question Paper December - 2014(Session 2) - Question 40

Liberalisation refers to ___

CA-CPT Question Paper December - 2014(Session 2) - Question 41

If we closely watch 39 PSUs which had been chosen for disinvestment / privatization during 1991 – 98, we can find that out of them only 3 PSUs posted losses in 1997 – 1998. These include ____.

CA-CPT Question Paper December - 2014(Session 2) - Question 42

Abolition of intermediates and tenancy reforms are both parts of ______

CA-CPT Question Paper December - 2014(Session 2) - Question 43

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 December - 2014(Session 2) - Question 44

Narrow money excludes ______ of the public with the banks while broad money includes it.

CA-CPT Question Paper December - 2014(Session 2) - Question 45

Which of the following is the reason for increase in Birth rate in India?

CA-CPT Question Paper December - 2014(Session 2) - Question 46

Department of posts has launched ___ with the aim of providing fast and reliable postal services to the consumers.

CA-CPT Question Paper December - 2014(Session 2) - Question 47

IDA is a “soft lending arm” of world bank due to_____

CA-CPT Question Paper December - 2014(Session 2) - Question 48

Nationalization of banks aimed at all of the following except:

CA-CPT Question Paper December - 2014(Session 2) - Question 49

Which of the following statements is correct?

CA-CPT Question Paper December - 2014(Session 2) - Question 50

The LAC curve

CA-CPT Question Paper December - 2014(Session 2) - Question 51

If log x = a+b ; log y = a-b then 

CA-CPT Question Paper December - 2014(Session 2) - Question 52

If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1200, find the compound interest on the same sum for the same period at the same rate.

Detailed Solution for CA-CPT Question Paper December - 2014(Session 2) - Question 52

Clearly, Rate = 5% p.a., Time = 3 years, S.I.= Rs. 1200. . .
So principal=RS [100*1200]/3*5=RS 8000
Amount = Rs. 8000 x [1 +5/100]^3 - = Rs. 9261.
.. C.I. = Rs. (9261 - 8000) = Rs. 1261.

CA-CPT Question Paper December - 2014(Session 2) - Question 53

 A = {2,3}, B={4,5}, C={5,6} then 

CA-CPT Question Paper December - 2014(Session 2) - Question 54

If a relation R = {(1,1), (2,2), (1,2), (2,1)} is symmetric on A = {1,2,3} then R is

CA-CPT Question Paper December - 2014(Session 2) - Question 55

CA-CPT Question Paper December - 2014(Session 2) - Question 56

If N is the set of all natural numbers, E is the set of all even natural numbers and  defined by f(x)

CA-CPT Question Paper December - 2014(Session 2) - Question 57

Sum of first n terms of an A.P is 6n2+6n. Then find 4th term of series.

CA-CPT Question Paper December - 2014(Session 2) - Question 58

In an A.P. If Sn=n2p and Sm=m2p, then SP =

CA-CPT Question Paper December - 2014(Session 2) - Question 59

If the numbers x,y,z are in G.P then the numbers x2+y2, xy+yz, y2+z2 are in ___ 

CA-CPT Question Paper December - 2014(Session 2) - Question 60

Find the equation of the line parallel to the line joining (7,5) (2,9) and passing through (3, -4)

CA-CPT Question Paper December - 2014(Session 2) - Question 61

Which of the following graph represents the in equality 

CA-CPT Question Paper December - 2014(Session 2) - Question 62

Given conditions  and 

then the common region under these conditions is

CA-CPT Question Paper December - 2014(Session 2) - Question 63

If x+5y=33 and  then (x,y)=

CA-CPT Question Paper December - 2014(Session 2) - Question 64

CA-CPT Question Paper December - 2014(Session 2) - Question 65

A function f(x) is defined as

f(x) = x – 1 for x < 0

= -1/2 for x = 0

= x + 1 for x > 0 then f is

CA-CPT Question Paper December - 2014(Session 2) - Question 66

A function f(x) is defined as

for f(x) is continuous at x=1 

CA-CPT Question Paper December - 2014(Session 2) - Question 67

 then 

CA-CPT Question Paper December - 2014(Session 2) - Question 68

CA-CPT Question Paper December - 2014(Session 2) - Question 69

CA-CPT Question Paper December - 2014(Session 2) - Question 70

If 5 books of English, 4 books of Tamil and 3 books of Hindi are to be arranged in a single row so that books of same language come together

CA-CPT Question Paper December - 2014(Session 2) - Question 71

The first, second and third month salaries of a person are in the ratio 2:4:5. The difference between the product of the salaries of first 2 months & last 2 months is 4,80,00,000. Find the salary of the second month

CA-CPT Question Paper December - 2014(Session 2) - Question 72

A certain sum of money was invested at S.I for 3 years. If it has invested at rate 7% higher, then the interest have been 882/- more, then the sum is

CA-CPT Question Paper December - 2014(Session 2) - Question 73

5 Boys and 4 girls are to be seated in row. If the girls occupy even places then the no. of such arrangements

CA-CPT Question Paper December - 2014(Session 2) - Question 74

A certain sum of money double itself in 4 years at C.I. In how many years it will become 32 times to itself

CA-CPT Question Paper December - 2014(Session 2) - Question 75

The future value of an annuity of Rs.1,000 made annually for 5 years at the rate of interest 14% compound annually is

CA-CPT Question Paper December - 2014(Session 2) - Question 76

If 6 coins are tossed simultaneously then the probability of obtaining exactly 2 heads is

CA-CPT Question Paper December - 2014(Session 2) - Question 77

A die is thrown twice then the probability that the sum of the numbers is divisible by 4 is 

CA-CPT Question Paper December - 2014(Session 2) - Question 78

For two numbers A.M=10 and G.M=8, then H.M=?

CA-CPT Question Paper December - 2014(Session 2) - Question 79

The 3rd decile for the values 15, 10, 20, 25, 18, 11, 9, 12, is

CA-CPT Question Paper December - 2014(Session 2) - Question 80

The A.M of square of first ‘2n’ natural numbers is

CA-CPT Question Paper December - 2014(Session 2) - Question 81

1st quartile is 142, Semi-Inter quartile range is 18. Then median is

CA-CPT Question Paper December - 2014(Session 2) - Question 82

Q.D is

CA-CPT Question Paper December - 2014(Session 2) - Question 83

Correlation coefficient between x and y is 1, then correlation coefficient between x-2 and (-y/2) +1 is

CA-CPT Question Paper December - 2014(Session 2) - Question 84

Two regression equations are x+y=6 and x+2y=10, then correlation coefficient between x and y is

CA-CPT Question Paper December - 2014(Session 2) - Question 85

Correlation coefficient between x and y is zero then two regression lines are

CA-CPT Question Paper December - 2014(Session 2) - Question 86

, ,,  then Fisher ideal index number is  

CA-CPT Question Paper December - 2014(Session 2) - Question 87

When the prices are decreased by 30% then the  index number is now

CA-CPT Question Paper December - 2014(Session 2) - Question 88

The most appropriate diagram to represent 5 year plan outlay of India in different economic sectors is

CA-CPT Question Paper December - 2014(Session 2) - Question 89

For  construction of Histogram the class intervals of frequency distribution is

CA-CPT Question Paper December - 2014(Session 2) - Question 90

100 persons are divided into number of  male/female and employed/un-employed it refers to

CA-CPT Question Paper December - 2014(Session 2) - Question 91

If the fluctuations in the observed values are very small as compared to the size of the items, it is presented by

CA-CPT Question Paper December - 2014(Session 2) - Question 92

Let the distribution function of a random variable X be F(x) =  then F(5)-F(2)

CA-CPT Question Paper December - 2014(Session 2) - Question 93

A random variable X takes three values -1,2,3 with the respective probabilities P(-1)= 1/3, P(2)=1/3, P(3)=1/3, then E |X| is

CA-CPT Question Paper December - 2014(Session 2) - Question 94

For a Binomial distribution mean is 4 and variance is 3 then, 3rd central moment is

CA-CPT Question Paper December - 2014(Session 2) - Question 95

In a Normal distribution mean =2 and variance=4 then, 4th central moment is

CA-CPT Question Paper December - 2014(Session 2) - Question 96

A Random variables X follows uniform distribution in the interval [-3,7]. Then the mean of  distribution is

CA-CPT Question Paper December - 2014(Session 2) - Question 97

X and Y are two independent Normal variables, then the distribution of X+Y is _______

CA-CPT Question Paper December - 2014(Session 2) - Question 98

Area sample is similar to

CA-CPT Question Paper December - 2014(Session 2) - Question 99

t-test can be used only when the sample has been taken from _______population.

CA-CPT Question Paper December - 2014(Session 2) - Question 100

If the Expected value of an estimator is equal to the value of the parameter. Then the estimator is

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