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CA-CPT Question Paper December - 2016 (Session 2)


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100 Questions MCQ Test | CA-CPT Question Paper December - 2016 (Session 2)

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CA-CPT Question Paper December - 2016 (Session 2) - Question 1

_____ is the difference between total receipts and total expenditure.

CA-CPT Question Paper December - 2016 (Session 2) - Question 2

_____ is a systematic record of all the economic transactions between one country and rest of the world.

CA-CPT Question Paper December - 2016 (Session 2) - Question 3

In _____ distribution mean= variance.

CA-CPT Question Paper December - 2016 (Session 2) - Question 4

Conspicuous goods are also called as:

CA-CPT Question Paper December - 2016 (Session 2) - Question 5

A relative price is _____

CA-CPT Question Paper December - 2016 (Session 2) - Question 6

In case of a straight line demand curve meeting the two axes, the price elasticity of demand at the Y-axis of the line would be:

CA-CPT Question Paper December - 2016 (Session 2) - Question 7

 If income increases by 10% and demand increases by 5%, then income elasticity of demand is:

CA-CPT Question Paper December - 2016 (Session 2) - Question 8

 Supply is a ___ concept.

CA-CPT Question Paper December - 2016 (Session 2) - Question 9

Elasticity of supply refers to to the percentage change in supply divided by ____

CA-CPT Question Paper December - 2016 (Session 2) - Question 10

Concept of consumer surplus is based on :

CA-CPT Question Paper December - 2016 (Session 2) - Question 11

which among the following is not a characterstic of land?

CA-CPT Question Paper December - 2016 (Session 2) - Question 12

Which is not a characteristic of labour?

CA-CPT Question Paper December - 2016 (Session 2) - Question 13

Average Product raises due to an increase in variable input, then Marginal Product is :

CA-CPT Question Paper December - 2016 (Session 2) - Question 14

Suppose the first four units of a variable input generate corresponding total outputs of 150, 200, 350 and 550. The marginal product of the third unit of input is:

CA-CPT Question Paper December - 2016 (Session 2) - Question 15

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

CA-CPT Question Paper December - 2016 (Session 2) - Question 16

A firm’s average fixed cost is Rs. 20 at 6 units of output. What will it be at 4 units of output?

CA-CPT Question Paper December - 2016 (Session 2) - Question 17

If TVC = 100, TFC = 400, then calculate ATC at 5 units.

CA-CPT Question Paper December - 2016 (Session 2) - Question 18

The market for ultimate consumers is known as _____

CA-CPT Question Paper December - 2016 (Session 2) - Question 19

In a perfect competition, who set the prices :

CA-CPT Question Paper December - 2016 (Session 2) - Question 20

Average revenue rs also known as?

CA-CPT Question Paper December - 2016 (Session 2) - Question 21

The price discrimination under monopoly will be possible under which of the following coditions?

CA-CPT Question Paper December - 2016 (Session 2) - Question 22

Which of the following markets has the concept of group equilibrium in long – run?

CA-CPT Question Paper December - 2016 (Session 2) - Question 23

Which is the first order condition for the profit of a firm to be maximum?

CA-CPT Question Paper December - 2016 (Session 2) - Question 24

Which of the following is false regarding Monopoly?

CA-CPT Question Paper December - 2016 (Session 2) - Question 25

Which of the following is another name of Production possibilities curve?

CA-CPT Question Paper December - 2016 (Session 2) - Question 26

Freedom of choice is an advantage of:

CA-CPT Question Paper December - 2016 (Session 2) - Question 27

Who among the following gave the definition of Economics as “Science which deals with wealth”?

CA-CPT Question Paper December - 2016 (Session 2) - Question 28

Lionel Robbins said the following except:

CA-CPT Question Paper December - 2016 (Session 2) - Question 29

In which economic system all the means of production are owned and controlled by private individuals for profit?

CA-CPT Question Paper December - 2016 (Session 2) - Question 30

Which of the following is not a cause of under – developed country?

CA-CPT Question Paper December - 2016 (Session 2) - Question 31

In the theory of demographic transition in the last stage:

CA-CPT Question Paper December - 2016 (Session 2) - Question 32

 _____ Unemployment is caused by decline in demand.

CA-CPT Question Paper December - 2016 (Session 2) - Question 33

Work force refers to that part of:

CA-CPT Question Paper December - 2016 (Session 2) - Question 34

 Right of children to free and compulsory education Act {RTE Act) 2009, has made free education for all children between the age of ______ fundamental right.

CA-CPT Question Paper December - 2016 (Session 2) - Question 35

On the basis of end use, industries are classified into:

CA-CPT Question Paper December - 2016 (Session 2) - Question 36

 ______ is the apex bank for agriculture credit in Indi

CA-CPT Question Paper December - 2016 (Session 2) - Question 37

BPO stands for _____

CA-CPT Question Paper December - 2016 (Session 2) - Question 38

 Who is called the ‘Bank of Issue’?

CA-CPT Question Paper December - 2016 (Session 2) - Question 39

 ______ is the official minimum rate at which central bank of a country is prepared to rediscount approved bills held by commercial banks.

CA-CPT Question Paper December - 2016 (Session 2) - Question 40

Profitability ratio of commercial banks has not improved much due to _____

CA-CPT Question Paper December - 2016 (Session 2) - Question 41

_____ refers to that portion of total deposits of a commercial bank whichit has to keep with RBI in the form of cash reserves.

CA-CPT Question Paper December - 2016 (Session 2) - Question 42

Inflation can be controlled by:

CA-CPT Question Paper December - 2016 (Session 2) - Question 43

Money includes:

CA-CPT Question Paper December - 2016 (Session 2) - Question 44

Which committee recommended simplification and rationalization of tax system in India:

CA-CPT Question Paper December - 2016 (Session 2) - Question 45

Which of the following is not a direct tax?

CA-CPT Question Paper December - 2016 (Session 2) - Question 46

Which of the following is not correctly matched:

CA-CPT Question Paper December - 2016 (Session 2) - Question 47

Government has permitted up to ____% Foreign Direct Investment {FDI) by foreign airlines in Indian airline companies.

CA-CPT Question Paper December - 2016 (Session 2) - Question 48

Per capital income = _____

CA-CPT Question Paper December - 2016 (Session 2) - Question 49

 Which of the following is not included in domestic territory?

CA-CPT Question Paper December - 2016 (Session 2) - Question 50

Which among the following is a qualitative tool of monetary policy? 

Detailed Solution for CA-CPT Question Paper December - 2016 (Session 2) - Question 50

The quantitative instruments are Open Market Operations, Liquidity Adjustment Facility (Repo and Reverse Repo), Marginal Standing Facility, SLR, CRR, Bank Rate, Credit Ceiling etc.

On the other hand, qualitative instruments are: credit rationing, moral suasion and direct action (by RBI on banks).

CA-CPT Question Paper December - 2016 (Session 2) - Question 51

Which of the following Price Indices of India is considered for measuring ‘Headline Inflation’?

CA-CPT Question Paper December - 2016 (Session 2) - Question 52

Given log 2 = 0.3010 and log 3 = 0.4771 then the value of log 24

CA-CPT Question Paper December - 2016 (Session 2) - Question 53

If 3x = 5y = (75)z then

CA-CPT Question Paper December - 2016 (Session 2) - Question 54

If abc = 2 then the value of

CA-CPT Question Paper December - 2016 (Session 2) - Question 55

The number of subsets formed from the letters of the word “ALLAHBAD”.

CA-CPT Question Paper December - 2016 (Session 2) - Question 56

If (x) = 100 x then f-1 (x) =

CA-CPT Question Paper December - 2016 (Session 2) - Question 57

f: R→R is defined by f (x)=2x then f is

CA-CPT Question Paper December - 2016 (Session 2) - Question 58

2.353535 ……….=

CA-CPT Question Paper December - 2016 (Session 2) - Question 59

The number of terms of the series needed for the sum of the series 50+45+40+….. becomes zero

CA-CPT Question Paper December - 2016 (Session 2) - Question 60

A person received the salary for the 1st year is Rs. 5,00,000 per year and he received an increment of Rs. 15,000 per year then the sum of the salary he taken in 10 years

CA-CPT Question Paper December - 2016 (Session 2) - Question 61

A triangle formed by the lines y = 0, x + 2y = 3, 2x – y = 1

CA-CPT Question Paper December - 2016 (Session 2) - Question 62

he inequalities

x1 +2x2 <5,x1 +x2 2>1,x1>0,x2>0 represents the region

CA-CPT Question Paper December - 2016 (Session 2) - Question 63

Particular company produces some articles on a day. The cost of production per article is Rs.2 more than thrice the number of articles and the total cost of production is Rs.800 on a day then the number of articles is

CA-CPT Question Paper December - 2016 (Session 2) - Question 64

CA-CPT Question Paper December - 2016 (Session 2) - Question 65

CA-CPT Question Paper December - 2016 (Session 2) - Question 66

Is continuous at x = – a then the value of K is

CA-CPT Question Paper December - 2016 (Session 2) - Question 67

CA-CPT Question Paper December - 2016 (Session 2) - Question 68

and f'(x) =1  then the value

CA-CPT Question Paper December - 2016 (Session 2) - Question 69

CA-CPT Question Paper December - 2016 (Session 2) - Question 70

How many numbers between 1000 and 10,000 can be formed with the digits 1, 2, 3, 4, 5, 6

CA-CPT Question Paper December - 2016 (Session 2) - Question 71

If (n+2)c1+1 : nc1 : n-1c1-1 = 8:3:1 then find the value of n

CA-CPT Question Paper December - 2016 (Session 2) - Question 72

In how many ways 4 members can occupy 9 vacant seats in a row

CA-CPT Question Paper December - 2016 (Session 2) - Question 73

A bag contains 23 number of coins in form of 1 rupee, 2 rupee and 5 rupee coins. The total sum of the coins is Rs. 43. The ratio between 1 rupee & 2 rupee coins is 3:2. Then the number of 1 rupee coins

CA-CPT Question Paper December - 2016 (Session 2) - Question 74

The difference between the simple interest and compound interest on a certain sum of money invested for 2 years at 5% p.

CA-CPT Question Paper December - 2016 (Session 2) - Question 75

If a person lends Rs. 6000 for 4 years  and Rs. 8000 for 3 years at S.I. The Total Insterest earned is Rs. 2400 the nthe rate of Interest is 

CA-CPT Question Paper December - 2016 (Session 2) - Question 76

A some of money amounts  to Rs. 7803 for one year at the rate of 4 %compounded semiannnually  then the sum invested is

CA-CPT Question Paper December - 2016 (Session 2) - Question 77

The G.M of observations 40, 50 and x is 10, then find the value of x?

CA-CPT Question Paper December - 2016 (Session 2) - Question 78

If the mean of data is 55.6 and the mode is 46, then the ,edian is ______

CA-CPT Question Paper December - 2016 (Session 2) - Question 79

________ is used for ordering the size of designed cloths.

CA-CPT Question Paper December - 2016 (Session 2) - Question 80

The mean of 10 observations is 14.4. Out of these mean of 4 observations is 16.5, then find the mean of remaining observations?

CA-CPT Question Paper December - 2016 (Session 2) - Question 81

The mean of 6,4,1,5,6,10 and 3 is 5. If each number is added with 2, then the new mean is

CA-CPT Question Paper December - 2016 (Session 2) - Question 82

If the sum of the square of rank differences in the marks of 10 students in two students is 44 then the coefficient of rank correlation is ______

CA-CPT Question Paper December - 2016 (Session 2) - Question 83

Regression coefficient is affected by _____

CA-CPT Question Paper December - 2016 (Session 2) - Question 84

Regression lines are passes through the _____ points

CA-CPT Question Paper December - 2016 (Session 2) - Question 85

If the regression line of x on y is 3x+2y = 100, then find the value of bxy?

CA-CPT Question Paper December - 2016 (Session 2) - Question 86

Index numbers are used in

CA-CPT Question Paper December - 2016 (Session 2) - Question 87

From the following data

The Paasche’s price index number is:

CA-CPT Question Paper December - 2016 (Session 2) - Question 88

The time reversal test is satisfied by _____ index number.

CA-CPT Question Paper December - 2016 (Session 2) - Question 89

Difference modes of presentation of data are ____

CA-CPT Question Paper December - 2016 (Session 2) - Question 90

For construction of Histogram the class intervals of frequency distribution is

CA-CPT Question Paper December - 2016 (Session 2) - Question 91

In ______ method(s) information can be gathered by the researcher humself by contacting the interviewee.a. Personal Interviewb. Telephone Interviewc.

CA-CPT Question Paper December - 2016 (Session 2) - Question 92

Profits made by XYZ bank in different years refers to _____

CA-CPT Question Paper December - 2016 (Session 2) - Question 93

A bag contains 6 green and 5 red balls. One ball is drawn at random. The probability of getting a red ball is?

CA-CPT Question Paper December - 2016 (Session 2) - Question 94

 if  = 2/3 then find   

CA-CPT Question Paper December - 2016 (Session 2) - Question 95

 then the events A & B are _______________

CA-CPT Question Paper December - 2016 (Session 2) - Question 96

 ______ is / are Biparametric distribution(s).

CA-CPT Question Paper December - 2016 (Session 2) - Question 97

In Poisson distribution µ4 = 2, then find µ2.

CA-CPT Question Paper December - 2016 (Session 2) - Question 98

The second & third moments of observations (-6,-4,-2,0,2,4,6) are ______

CA-CPT Question Paper December - 2016 (Session 2) - Question 99

If x &y are two independent normal variates with means µ1 & µ2 and standard deviations o1 & o2 respectively, then x+y follows ______

CA-CPT Question Paper December - 2016 (Session 2) - Question 100

According to Neyman’s allocation, in stratified sampling

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