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Meghalaya Police Service Preliminary Examination 2022 - Multiple Subjects — question paper

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Meghalaya Police Service Preliminary Examination 2022 - Multiple Subjects

Paper #3169 · 17-12-2022 · Multiple subjects · 514 reviewed questions · Showing 121–160 of 514

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Accuracy note: This is a reviewed structured rendering of an official previous-year paper and may cover only part of it. Where available, explanatory notes describe unresolved source or answer issues without supplying a scoring answer. Official examination authority notices remain final.

  1. Cultivated strawberry is
    1. Diploid
    2. Triploid
    3. Tetraploid
    4. Octaploid
  2. Which of the following is not valued for ornamental bracts?
    1. Bougainvillea
    2. Poinsettia
    3. Mussaenda
    4. Cyclamen
  3. Pyrethrum, an insecticide, is extracted from which chrysanthemum species?
    1. C. carinatum
    2. C. cinerariifolium
    3. C. coronarium
    4. C. coronatum
  4. Which of the following cacti is almost spineless?
    1. Zygocactus
    2. Opuntia
    3. Haworthia
    4. Echinopis
  5. The fruit of Rose is known as
    1. Bulbs
    2. Hips
    3. Caropis
    4. Berry
  6. Which of the following is a kind of flower arrangement?
    1. Bonsai
    2. Ikebana
    3. Blind shoots
    4. Marigold
  7. Orchids are distinguished from all other flower by their
    1. Rostellum
    2. Sepals
    3. Zygomorphic flowers
    4. Both (a) and (c)
  8. What is the amount of money an insurance company guarantees to beneficiaries identified in the policy upon the insured's death?
    1. Life benefit
    2. Death benefit
    3. Policy-holder benefit
    4. Old-age benefit
  9. A system of trade restrictions intended to protect the domestic economy from foreign products is what kind of trade policy?
    1. Protective trade policy
    2. Free-trade policy
    3. Revenue-raising tariff policy
    4. Export-promotion policy
  10. A concept in which a group of firms or people is connected through information and communication technology is what kind of organisation?
    1. Virtual organisation
    2. Boundaryless organisation
    3. Departmental organisation
    4. Chain-store organisation
  11. Which trade-policy orientation promotes domestic production and the development of indigenous technology by reducing reliance on imports?
    1. Inward-looking policy
    2. Outward-looking policy
    3. Contingent trade policy
    4. Foreign-investment-led policy
  12. What does FERA stand for?
    1. Foreign Exchange Regulation Act
    2. Foreign Exchange Reform Act
    3. Foreign Exchange Restriction Act
    4. Foreign Exchange Remittance Act
  13. Which clause refers to the time when risk commences in marine insurance?
    1. At and from
    2. Sue and labour
    3. Period of risk
    4. Party-acceptance
  14. Which marine insurance policy states the agreed value of the insured subject matter in advance, used as the basis for settling a covered total loss?
    1. Valued policy
    2. Floating policy
    3. Average policy
    4. Unvalued policy
  15. Which insurance covers a vessel, including its furniture and articles, against unanticipated mishap?
    1. Cargo insurance
    2. Hull insurance
    3. Open policy
    4. Time policy
  16. For a pure term life-insurance policy without a savings component, what does the premium primarily pay for?
    1. Insurable interest
    2. Underwriting
    3. Cost of insurance
    4. Offsetting rising cost
  17. A business wants one fire-insurance policy covering stock kept at several specified branches, with the cover applying across those locations. Which policy is suitable?
    1. Business policy
    2. Valued policy
    3. Floating policy
    4. Reinstatement policy
  18. A manufacturer combines with a supplier or distributor at another stage of the same supply chain. What type of business combination is this?
    1. Diagonal
    2. Circular
    3. Horizontal
    4. Vertical
  19. An investor acquires 80% of an entity’s equity and obtains control. What is the remaining 20% equity interest called?
    1. Un-transferred consideration
    2. Contingent interest
    3. Non-controlling interest
    4. Low recognition
  20. When an acquirer obtains control of a business in stages, how is its previously held equity interest treated at the acquisition date?
    1. Remeasured at its acquisition-date fair value
    2. Carried forward at its previous carrying amount
    3. Reclassified as a non-controlling interest
    4. Remeasured only when the acquirer later disposes of it
  21. Which concept refers to planned, systematic efforts to improve an organisation’s effectiveness through changes in its people, processes and structure?
    1. Change management
    2. Managerial education
    3. Organisational development
    4. SWOT analysis
  22. A business’s performance in meeting its social responsibilities can make or break its ______ with the public.
    1. Trusteeship
    2. Functioning
    3. Goodwill
    4. Lines of action
  23. Johnson & Johnson took initiatives leveraging wind power to provide safe water to communities around the world. This is an example of what?
    1. Millennial initiatives
    2. Me Too movement
    3. Brand equity
    4. Social responsibility
  24. What is a cost incurred in a transaction but not expensed until a future accounting period?
    1. Cost of registration
    2. Future cost
    3. Issue cost
    4. Deferred cost
  25. Under the conventional definition, quick assets are calculated as:
    1. Current assets minus inventory (including work in progress) and prepaid expenses
    2. Current assets plus inventory and prepaid expenses
    3. Current liabilities minus inventory and prepaid expenses
    4. Current assets minus current liabilities
  26. Which formula gives the net profit ratio?
    1. Gross profit divided by net sales, times 100
    2. Gross profits times sales divided by fixed assets, times 100
    3. Net profit divided by gross sale, times 100
    4. Net profit divided by net sales, times 100
  27. A, B and C invest Rs 1,20,000, Rs 1,35,000 and Rs 1,50,000. If annual profit is Rs 56,700 and is shared in proportion to capital, what are their shares?
    1. Rs 15,000, Rs 13,000, Rs 28,700
    2. Rs 12,345, Rs 12,354, Rs 18,967
    3. Rs 16,800, Rs 18,900, Rs 21,000
    4. Rs 12,300, Rs 11,500, Rs 17,300
  28. In the traditional classification of accounts, a Trading Account is classified as which type?
    1. Personal
    2. Real
    3. Nominal
    4. Representative personal
  29. If a Trading Account shows a gross profit, what is transferred to the credit side of the Profit and Loss Account?
    1. Net profit
    2. Net loss
    3. Gross profit
    4. Cost of goods sold
  30. An Income and Expenditure Account is prepared in lieu of which account?
    1. Surplus and Deficit
    2. Profit and Loss
    3. Capital and Revenue
    4. Accumulated Fund Account
  31. Donations received without a specified purpose are treated as what fund?
    1. General fund
    2. Specific-purpose fund
    3. Capital fund
    4. Endowment fund
  32. Life-membership fees of non-trading concerns are what type of receipts?
    1. Capital receipts
    2. Revenue receipts
    3. Subscription receipts
    4. Life-member receipts
  33. In a non-trading organisation’s accounts, proceeds from selling old newspapers are normally recorded as which item in the Income and Expenditure Account?
    1. Miscellaneous income
    2. Subscription income
    3. Capital fund
    4. Outstanding expense
  34. Receipts and Payments Account shows subscriptions received of Rs 9,000, including Rs 800 outstanding from the previous year and Rs 1,000 for the next year; Rs 2,000 remains outstanding for the current year. What subscription income belongs to the current year?
    1. Rs 8,800
    2. Rs 12,800
    3. Rs 11,000
    4. Rs 9,200
  35. Closing stock of Rs 50,000 is shown below the trial balance. Which account is debited in the adjusting entry?
    1. Closing Stock Account
    2. Trading Account
    3. Purchases Account
    4. Profit and Loss Account
  36. A salary of ₹30,000 has been earned by an employee by year-end but remains unpaid. How should it be treated in the accounts?
    1. Outstanding expense and current liability
    2. Prepaid expense and current asset
    3. Accrued income and current asset
    4. Income received in advance and current liability
  37. Interest at 10% on investments of ₹20,000 has been earned for six months but not yet received. How should it be treated at year-end?
    1. Accrued income and current asset
    2. Income received in advance and current liability
    3. Prepaid expense and current asset
    4. Outstanding expense and current liability
  38. A machine costs ₹1,00,000, has a five-year useful life and no residual value. If it is depreciated evenly over its useful life, what is the annual depreciation charge?
    1. ₹20,000
    2. ₹15,000
    3. ₹25,000
    4. ₹10,000
  39. When interest on a sole proprietor’s capital is charged as an expense to calculate accounting profit, to which account is it debited?
    1. Trading Account
    2. Profit and Loss Account
    3. Capital Account
    4. Balance Sheet
  40. A customer’s receivable is determined to be uncollectible. How is the amount normally treated in the creditor’s accounts?
    1. Bad-debt expense (loss)
    2. Loan receivable
    3. Outstanding interest income
    4. Bills receivable

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