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


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

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

Which statement is true about law of demand

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

Which of the following is not a determinant of demand

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

Generally when income of a consumer increases he goes for superior goods, leading to fall in demand for inferior goods. It means income elasticity of demand is ______

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

Which one of the following is not a characteristic of land

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

An entrepreneur undertakes which of the following functions

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

With a view to increase his production Hari Haran a manufacturer of shoes, increases all the factors of production in his unit by 100%. But at the end of year he finds that instead of an increase of 100%, his production has increased by only 80%. Which law of returns to scale is operating in this case _____

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

A demand curve parallel to y-axis implies

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

Marginal Cost changes due to change in ____ Cost

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

A firm produces 10 units of commodity at an average total cost of Rs.200 and with a fixed cost of Rs.500. Find out component of average variable cost in total cost.

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

Average total cost to firm is Rs. 600 when it produces 10 units of output and Rs. 640 when the output is 11 units. The MC of the 11th unit is  

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

The demand curve of an oligopolist is

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

Selling outlay is an essential part of which of the following market situation

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

Kinky demand curve model explains the market situation known as _____

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

The distinction between a single firm & an Industry vanishes in which of the following market condition

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

For price discrimination to be successful,  the elasticity of demand for the commodity in the two markets, should be:

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

Abnormal profits exists in the long run only under _____

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

One of the essential conditions of Perfect competition is _____

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

Production Possibilities curve is also known as ___

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

Who has defined Economics as “Science which deals with wealth”

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

Which of the following is not feature of capitalistic economy?

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

The term mixed economy denotes

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

A firm will close down in the short period, if AR is less than

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

The basic reason of considering the Indian Economy as under developed economy is:

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

Tourism is an the example of

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

____ has highest Literacy rate in India

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

Which state has the highest urban population

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

In rural areas in India, the nature of unemployment is _____

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

Which of the following poverty eradication scheme is presently operational in India?

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

Petroleum, Oil and Lubricants (POL) constitutes around ____ % of India’s imports bill

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

Which of the following is the Correct definition of Micro enterprise according to micro, small and medium enterprise development (MSMED) Act 2006?

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

Plant load factor, a measure of operational efficiency of a thermal plant varies across the regions in India. In which of the following regions it has been lowest in the year 2012-13.

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

Food Corporation of India (FCI) is the Nodal Agency for which of the following activities relating to food management in the country?

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

The annual growth rate of industrial sector has remained at _____ % over 11th plan period

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

Since adoption of economic liberalisation the share of agriculture in India’s GDP is _____

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

R.B.I Nationalised in ___

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

Which of the following is not the function of R.B.I

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

Which one of the following statement defines the term Reverse Repo Rate?

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

Monetary policy in India is regulated by

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

Which of the following bank enforces the provisions of foreign exchange management act in India?

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

Which of the following is not a quantitative method of credit control

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

Traditionally money has been defined on the basis of its functional aspects. Which one of the following falls under this category

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

Stagflation is _____

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

Which of the following measures can be used for curbing inflation

CA-CPT Question Paper June - 2014(Session 2) - Question 44

Trend of continuous rising prices of factors of production is known as____

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

Which of the following was not immediate cause of 1991 economic crisis

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

Direct taxes being progressive in nature, it is help to

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

In 2003 _____ was passed to reduce the Gross Fiscal fiscal deficit by 0.5% of GDP in each financial year.

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

Adverse balance of payments can be corrected through

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

______ means integrating the global economy with the world economy

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

As a consequence of economic reforms, the MRTP Act 1969 was replaced by competition Act in year ______

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

 If X = log24 12; y = log36 24;z = log48 36 then xyz+1 = ? 

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

If  x2+ y2= 7xy then log1(/3) (x + y ) =

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

If (25)150 = (25x )50 then the value of x will be

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

The value of  ..=

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

In a class of 50 students 35 opted for Maths, 37 opted for commerce. The number of such students who opted for both  maths and commerce is

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

The range of the relation {(1,0) (2,0) (3,0) (4,0) (0,0)} is

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

If A={1,2,3} and B={4,6,7} then the relation R={(2,4) (3,6)} is 

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

The value of 13 + 23 + 33 + .......+ m3 is equal to 

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

The sum of the infinite GP    is equal to

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

The sum of m terms of the series is 1+11+111+…….. is equal to 

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

The distance from the origin to the point of intersection of the two straight lines 3x-2y=6 and 3x+2y=18 is

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

The lines 3x-4y+5=0, 7x-8y+5=0 and 4x+5y45=0 are

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

The graph of linear inequalities  has been given below

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

The roots of equation y3 +y2- y -1= 0 are

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

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

If y = a.enx + b.e-nx then  is equal to 

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

 is equal to  

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

If 6 times the no. of permutations of n items  taken 3 at a time is equal to 7 times the no. of permutations of (n-1) items taken 3 at a time then the value of n will be

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

If  then the value of x will be

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

If P is 25% less than Q and R is 20% higher than Q the Ratio of R and Q

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

A person has assets worth Rs.1,48,200. He wish to divide it amongst his wife, son and daughter in the ratio 3:2:1 respectively. From this assets  the share of his son will be

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

If a sum triples in 15 yrs at Simple rate of interest then the rate of interest per annum will be

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

The Partners A & B together lent Rs. 3903 at 4% p.a interest compounded annually. After a span of 7 years, A gets the same amount as B gets after 9 years. The share of A in the sum of Rs.3903/- would have been

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

If x : y = 2 : 3 then (5x+2y): (3x-y) =

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

How much amount is required to be invested every year as to accumulate   Rs. 6,00,000 at the end of 10th year, if interest is compounded annually at 10% rate of interest? [Given : (1.1)10 = 2.59374]

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

The mean of the following data is 6. Find the value of P.

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

Which of the following statement is true?

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

The formula for range of middle 50% items of a series is

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

What will be the probable value of mean deviation? when Q3 =40 and Q1 =15

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

When each individual gets the exactly opposite rank by the two judges, then the rank correlation will be ______

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

The equations two lines of regression for x & y are 5x = 22 + y and 64x = 24 + 45y, then the value of regression coefficient of y on x will be ____

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

Two regression lines for a bivariate data are 2x-5y+6=0 and 5x-4y+3=0. Then the coefficient correlation shall be ______

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

If the mean of two variables x & y are 3 and 1 respectively. Then the equation of two regression lines are _____

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

Circular test is satisfied by which index number?

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

Fisher’s Index number is _____ of Laspayere’s and Paasehe’s Index numbers

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

Which of the following statement is true?

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

Monthly salary of on employee was Rs.10,000 in the year 2000 and it was increase to Rs.20,000 in the year 2013 while the consumer price index number is 240 in year 2013 with the base year 2000, what should be his salary in comparison of consumer price index in the year 2013?

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

The following data related to the marks of group of students

How many students have got marks less than 50% ?

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

To draw Histogram the frequency distribution should be

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

“The less than Ogive” is a:

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

There were 200 employees in an office in which 150 were married. Total male employees were 160 out of which 120 were married. What was the number of female unmarried employees?

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

For any two events A1 ,A2 let P( A1 ) = 2/3,P(A2) = 3/8, then A1, A2 are 

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

If a pair of dice is thrown what is the probability of occurring neither 7 nor 11?

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

An urn contains 2 red and 1 green balls,  another urn contains 2 red and 2 green balls. An urn was selected at random and then a ball was drawn from it. If it was found to be red then the probability that it has been drawn from first urn  is 

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

If a variate X has, Mean > variance, then its distribution will be

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

Mean & variance of a binomial variate are 4 and 4/3 respectively then  will be 

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

5000 students were appeared in an examination. The mean of marks was 39.5 with standard deviation 12.5 marks. Assuming the distribution to be normal, find the number of students recorded more than 60% marks. [Given when Z = 1.64 area of normal curve = 0.4494]

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

Method used to test the human blood is called in statistical terminology ______

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

A parameter may be defined as a characteristic of a population based on ____

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

If it is known that the 95% LCL and UCL to population mean are 48.04 and 51.96 respectively. If the sample size is 100, what will be the value of population SD?

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