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This mock test of CA-CPT Question Paper December - 2015 (Session 2) for CA CPT helps you for every CA CPT entrance exam.
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QUESTION: 1

Balance of Current A/c includes

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QUESTION: 2

Cobb – douglas production function studies about:

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QUESTION: 3

Macro Economics is also called as ______ economics.

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QUESTION: 4

If the marginal (additional) opportunity cost is a constant, then the PPC would be a ______

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QUESTION: 5

A firm’s average total cost is Rs. 300 at 5 Units of output and Rs.320 at 6 units of output. The marginal cost of producing the 6th unit is:

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QUESTION: 6

The kinked demand curve model of oligopoly assumes that

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QUESTION: 7

In case of perfect substitutes, Cross elasticity of demand is ____

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QUESTION: 8

A firm producing 7 units of output has an average total cost of Rs. 150 and has to pay Rs.350 to its fixed factors of production whether it produces or not. How much of the average total cost is made up of variable costs.

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QUESTION: 9

Which of the following equations of cost is incorrect?

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QUESTION: 10

Match the following:

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QUESTION: 11

A competitive firm in the short run incur losses. The firm continues production, if:

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QUESTION: 12

Product heterogeneity is a common feature in

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QUESTION: 13

Which of the following is related to Law of variable proportions is correct?

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QUESTION: 14

Supply curve in case of perfectly Elastic:

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QUESTION: 15

Which one of the following is not correct for deductive method:

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QUESTION: 16

At the best level of output the condition under monopolist is _____

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QUESTION: 17

AVC at 2nd unit

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QUESTION: 18

AFC is 20 at 4 units of output what will be it at 8 units of output

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QUESTION: 19

If Rs.1,000 of variable cost at 4 units and fixed cost is Rs.400. Then find out AC at 4 units?

Solution:

QUESTION: 20

On the basis of the due date given below what will be the volume of budget deficit

a) Revenue receipts Rs.5,72,811 crores

b) Capital receipts Rs.4,51,676 crores

- i. Loan recovered other receipts Rs.33,194 crores
- ii. Borrowing & other liability Rs.4,18,482 crores

c) Revenue expenditure Rs.9,11,809 crores

d) Capital expenditure Rs.1,12,678 crores

Solution:

QUESTION: 21

Which cities are involved in developing Golden Quadrilateral corridor under national highways of development project.

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QUESTION: 22

Which of the following is recasted as AAJEEVIKA

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QUESTION: 23

Fishing and Logging are included in which sector?

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QUESTION: 24

NLM was recasted into ____ in 2009

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QUESTION: 25

Suppose a shopkeeper buys inputs worth Rs.50,000 and his sales are worth Rs.1,00,000 in a month. The input tax rate is 8% and output tax rate is 20%. What is Value added tax here after set off of input tax credit?

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QUESTION: 26

According to traditional approach money serves as

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QUESTION: 27

According to RBI (1998) modified new monetary aggregates as:

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QUESTION: 28

Which of the following is not a function of IMF

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QUESTION: 29

Farm credit package was introduced in the year

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QUESTION: 30

Sex Ratio is favourable to Women in which State?

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QUESTION: 31

National Manufacturing policy was introduced in the year_____

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QUESTION: 32

Which of the following is not a method of privatization?

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QUESTION: 33

Which of the following is used to control inflation?

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QUESTION: 34

Which of the following is not a main objective of Nationalization of Commercial Banks

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QUESTION: 35

Which of the following statements is incorrect?

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QUESTION: 36

Mark the incorrect statement

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QUESTION: 37

Capital Account Convertibility is done by_____

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QUESTION: 38

Which of the following committee modified direct and indirect taxes?

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QUESTION: 39

Which of the following is related to Dependency Ratio?

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QUESTION: 40

Personal Disposable income is equal to Personal income

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QUESTION: 41

Plant Load Factor is used to measure ______

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QUESTION: 42

Janani Suraksha Yojana was started with an aim to____

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QUESTION: 43

The co-existence of raising prices and fall in demand leading to unemployment is called __

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QUESTION: 44

IFSC is _____ digit alphanumeric code which is an unique for each branch of a bank

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QUESTION: 45

If National domestic capital at factor cost is Rs.4635 crores, subsidies are Rs.50 crores, Factor income from abroad is Rs.40 crores, Factor income paid is Rs.50 crores, Depreciation is Rs.200 crores then National Income is ____

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QUESTION: 46

All of the following developments were noticed during 1991 (when economic reforms were enforced) except one. Identify it.

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QUESTION: 47

In persuasion to prevent and regulate the credit of commercial banks by Central Bank, which of the following is followed?

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QUESTION: 48

At shut down point :

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QUESTION: 49

If as a result of change in price, the quantity supplied of the good remains unchanged, we

say elasticity of supply is:

Solution:

QUESTION: 50

The conditions of long-period equilibrium for the firm operative under perfect competition

are:

(1) MC = MR

(2) AR = MR

(3) AC = AR

(4) AC = MC

Solution:

QUESTION: 51

Solution:

QUESTION: 52

If a^{2} + b^{2} = 7ab then log(a + b) =

Solution:

QUESTION: 53

U = {x/x is a positive integer less than 15}.

A = {2,8,10,14} B = {3,6,8,14} then

Solution:

QUESTION: 54

if then gof(x) =

Solution:

QUESTION: 55

If a, b, c are in G.P & x, y be AM’s between a, b & b, c respectively then a/x + c/y =

Solution:

QUESTION: 56

The first terms of two G.Ps are equal and 3rd term of Ist GP and 5th term of second GP are equal then the ratio of 67th term of Ist GP to 133 rd term of 2nd GP is ____

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QUESTION: 57

A man earns 10,000 P.M. His salary increases by 200/- per year. What is his total salary in 5 years?

Solution:

QUESTION: 58

The length of the median of D ABC through the vertex B is ___ if the vertices are A(1,2); B(2, -1); C(3,4)

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QUESTION: 59

The graph to express the inequality y ≥ 3x is

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QUESTION: 60

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QUESTION: 61

If the sum of the roots of quadratic equation is ‘3’ and the sum of the cubes of the roots is ‘7’ then the equation is

Solution:

QUESTION: 62

If the difference between the corresponding roots of the equations x^{2} + ax + b = 0 and x^{2} + bx + a = 0 is same and a ≠ b then

Solution:

QUESTION: 63

if y = =

Solution:

QUESTION: 64

If Y = a. e^{mx} + b e ^{–mx} then d^{2}y/dx^{2} =

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QUESTION: 65

If the curve Y^{2} = AX^{4} + B passes through the point P(1,2). The value of dx/ dy at P is 4. Then

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QUESTION: 66

Solution:

QUESTION: 67

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QUESTION: 68

How many permutations can be formed from the letters of the word “PARALLEL” in which 3L’s do not come together?

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QUESTION: 69

In how many ways that 8 members including the President & Vice president can be arranged at a round table so that the president and Vice president do not come together is ___

Solution:

QUESTION: 70

How many numbers can be formed using the digits 2,3,4,1,6 that are greater than 1000 is _

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QUESTION: 71

X varies as cube of Y & Y varies as 5th root of Z and X varies as nth power of ‘Z’ then n =

Solution:

QUESTION: 72

Instead of walking along two adjacent sides of a rectangular field, a boy took short cut along the diagonal and saved a distance equal to the half of the longer side. Then the ratio of shorter side of the rectangular field to its longer side is _______

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QUESTION: 73

If the ratio of two numbers is 3: 5. If 9 is subtracted from each then the ratio becomes 12: 23. Then the largest number is ___

Solution:

QUESTION: 74

Rs.3,000 is payable at the end of each year at the rate of 9% compounded annually for 3yrs then the amount of annuity will be:

Solution:

QUESTION: 75

Useful life of a machine is estimated to be 10 years and the cost of asset is Rs.10,000. If the rate of depreciation is 10% p.a., then the scrap value is ____

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QUESTION: 76

For two events A, B which of the following is true?

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QUESTION: 77

The probability of getting atleast 3 heads in 8 tosses of an unbiased coin is ______

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QUESTION: 78

If 7:6 are the odds favour for the person ‘A’ will alive 5 years hence and 5: 3 are the odds favour for the person ‘B’ will alive 5years hence, then the probability for atleast one will alive 5 years hence is

Solution:

QUESTION: 79

Mean of 50 observations is same as that of mean of observations after an observation 45 is dropped. What is the mean of 50 observations?

Solution:

QUESTION: 80

Let X takes the values and the GM of X is 1/2^{k }then the k value is

Solution:

QUESTION: 81

The standard deviation of two numbers is

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QUESTION: 82

Which of the following is least affected by extreme values?

Solution:

QUESTION: 83

If the standard deviation of X is 9 then V(10+2X) =?

Solution:

QUESTION: 84

The Spearman’s rank correlation coefficient is 0.95 and Σd2 =4, find the number of pairs of observations

Solution:

QUESTION: 85

If the two regression lines are perpendicular to each other then

Solution:

QUESTION: 86

The AM of Laspeyre’s and Paasche’s indices is_____ index number.

Solution:

QUESTION: 87

Shifted price index =

Solution:

QUESTION: 88

The headings of the rows given in the first column of a table are called

Solution:

QUESTION: 89

The relationship between two variables are shown in

Solution:

QUESTION: 90

Mode can be obtained from____

Solution:

QUESTION: 91

Data taken from the publication “Agricultural situation in India” will be considered as

Solution:

QUESTION: 92

285 is summation of 3 numbers. Ratio between 2^{nd} and 3^{rd} numbers is 6:5. Ratio between 1^{st} and 2^{nd} numbers is 3:7. The 3^{rd} number is?

Solution:

QUESTION: 93

If X ~ B (n,p) then the distribution of Y=n-X follows

Solution:

QUESTION: 94

If X ~ B (6,1/3) and k P(X=4) = P(X=2) then the value of k is

Solution:

QUESTION: 95

In a Poisson distribution if P(X=1) = P(X = 2) the standard deviation is

Solution:

QUESTION: 96

If X ~ N( µ , σ^{2}) , then which of the following is true

Solution:

QUESTION: 97

The number of possible random samples without replacement drawn from a population is

Solution:

QUESTION: 98

If n units are selected from N population units, the sampling fraction is given as

Solution:

QUESTION: 99

If X ~ F (m,n) then E (X)=

Solution:

QUESTION: 100

If then SD (X)=

Solution:

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