CA Foundation

 In which of the following agreements, restraint of trade is valid?

Marriage brokerage contracts are: 

Suppose that a sole proprietorship is earning total revenues of Rs.2,00,000 and is incurring explicit costs of Rs. 1,50,000. If the owner could work for another company for Rs. 60,000 a year, we would conclude that:

Correlation coefficient is a pure number.

Theoretically, G.M. is the best average in the construction of index nos. but in practice, mostly the A.M. is used

The Piston & Rings are arranged for increasing fuel efficiency. This is a ______

A wagering agreement in India is declared by the Contract Act as

In the absence of any agreement, partners are liable to receive interest on their Loans @:

 Errors of commission do not permit;

__________ is a point of reference in comparing various data describing individual behaviour.

 For y = 25, what is the estimated value of x, from the following data:

A agrees to deliver his old car valued at Rs. 80,000 to B, a car dealer, in exchange for a new car, and agrees to pay the difference in cash it is a/an

A player has 7 cards in hand of which 5 are red and of these five 2 are kings. A card is drawn at random. The probability that it is a king, it being known that it is red is

 If the sum of the 4th term and the 12th term of an A.P. is 8, what is the sum of the first 15 terms of the progression?

The balance of joint life policy account as shown in the balance sheet represents: 

Which of the following statements about leadership is false?

 If S₁, S₂, S₃, ………S_n are the sums of infinite G.P.s whose first terms are 1, 2, 3……n and whose common ratios are 1/2, 1/3, ……1/(n+1) then the value of S₁+S₂+S₃+ ……S_n is

Noise does the following:

The profits and losses for the last years are 2001-02 Losses Rs. 10,000; 2002-03 Losses Rs. 2,500; 2003-04 Profits Rs. 98,000 & 2004-05 Profits Rs. 76,000. The average capital employed in the business is Rs. 2,00,000. The rate of interest expected form capital invested is 12%. The remuneration of partners is estimated to be Rs. 1,000 per month. Calculate the value of goodwill on the basis of four years purchase of super profit based on the annuity of four years. Take discounting rate as 10%. 

For a normal distribution with mean as 500 and SD as 120, what is the value of k so that the interval [500, k] covers 40.32 per cent area of the normal curve? Given (1.30) = 0.9032.

India’s present population in 2010 is:

 If a, b-a, c-a are in G.P. and a=b/3=c/5 then a, b, c are in

Consider the following information pertaining to E Ltd.
On September 4, 2005, the company issued 12,000 7% Debentures having a face value of Rs. 100 each at a discount of 2.5%. on September 12, the company issued 25,000, 8% Preference share of Rs. 100 each. On September 29, the company redeemed 30,000, 6% Preference shares of Rs. 100 each at a premium of 5% together with one month dividend thereon. Bank balance as on August 31, 2005 was Rs. 29,25,000.
After effecting the above transactions, the Bank balance as on September 30, 2005 =?

A, B and C were partners sharing profits and losses in the ratio of 3:2:1. A retiredand Goodwill of the firm is to be valued at Rs. 24,000 . What will be the treatment for goodwill?

The sum of the first 20 terms of a G. P is 244 times the sum of its first 10 terms. The common ratio is

Preference shares amounting to Rs. 2,00,000 are redeemed at a premium of 5%, by issue of shares amounting to Rs. 1,00,000 at a premium of 10%. The amount to be transferred to capital redemption reserve =?

 In an A.P., if common difference is 2, Sum of n terms is 49, 7^th term is 13 tthen then n = _________.

A discrete random variable x follows uniform distribution and takes the values 5, 7, 12, 15, 18

 

 In perfect competition the firm’s _________ above AVC has the identical shape of the firm’s supply curve

A company sends its cars to dealers on ‘sale or return’ basis.  All such transactions are however treated like actual sales and are passed through the sales day book.  Just before the end of the financial year, two cars which had cost Rs.55,000 each have been sent on ‘sale or return’ and have been debited to customers at Rs.75,000 each, cost of goods lying with the customers will be

The last term of the series x², x, 1, …. to 31 terms is

The coefficient of correlation is significant if:

A Bank Statement is a copy of 

The great depression of _____ caused enormous misery and human sufferings

A dual system of pricing exists in—

Two coins are tossed simultaneously. What is the probability that the second coin would show a tail given that the first coin has shown a head?

If the CRR is 5%, what is the value of money multiplier?

 Cost of living index (C.L.I.) numbers are also to find real wages by the process of 

Amit, Rohit and Sumit are partners sharing profits and losses in the ratio of 5:4:3. Sumit retires and if Amit and Rohit shares profits of Sumit in 4:3, then new profit sharing ratio will be:

A draws a bill of Rs.10,000 on B on 23^rd December, 2009 for one month. The bill is accepted on 25^th December, 2009 by B.  The maturity date of the bill will be:

A Trader followed WDV method of depreciation, the book value of Asset after 4 years is 24% of original cost. Find rate of depreciation.

Which of the following statements is false?

A discrete random variable x follows uniform distribution and takes the values 6, 8, 10, 12, 18

 

Which of the following statement is incorrect?

During upswing, the unemployment rate and output _____

An auction sale is complete on the

Let R be a non-empty relation on a collection of sets defined by ARB if and only if A ∩ B = Ø Then (pick the TRUE statement)

5,000 students were appeared in an examination. The mean of marks was 39.5 with a 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 = 0.4495

On April 01, 2004 the debit balance of the machinery account of A Ltd. was Rs. 5,67,000. The machine was purchased on April 01,2002. The company charged depreciation at the rate of 10% per annum under diminishing balance method. On October 01,2004, the company acquired a new machine at a cost of Rs. 60,000 and incurred Rs. 6,000 for installation of the new machine. The company decided to change the system of providing depreciation from the diminishing balance method to the straight line method with retrospective effect from April 01, 2002. The rate of depreciation will remain the same. The company decided to made necessary adjustment in respect of depreciation due to the change in the method in the yea 2004-2005.
Depreciation provided in 2002-03 = _________.

If A and B are mutually exclusive events, then

For any two sets A and B the set (A∪B')' is Equal to (where' denotes compliment of the set)

In the absence of proper agreement, representative of the deseased partner is entitled to the Dead partner’s share in the following items.

F Ltd. purchased Machinery from G Company for a book value of Rs.4,00,000. The consideration was paid by issue of 10% debentures of Rs.100 each at a discount of 20%. The debenture account was credited with

In each of the of the following below are given two statements followed by two conclusion numbered I and II. You have to take the given two statements to be true even if they seem to be variance from commonly known facts. Read the conclusions logically follows from the two given statements. Disregarding commonly known facts.
Statements: I. All Pens are ink.
II. No ink is an eraser.
Conclusions: No pen is an eraser.
Some erasers are pens.