Statewise Prepration
Govt. Examwise MCQ
625 MCQ Questions in english हिन्दी
What is Bookkeeping?
Bookkeeping is basic accounting — recording daily transactions.
Depreciation is charged on:
It’s charged on tangible fixed assets like machinery, vehicles.
. Which document is used for auditing?
Voucher acts as proof of transaction during audit.
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Petty cash is used for:
Petty cash is kept for routine small expenses like tea, stationery, etc.
The abbreviation 'Dr.' stands for:
Dr.' = Debit, used in ledger entries.
Which statement shows the financial position of a firm?
Balance sheet shows assets, liabilities, and capital at a specific date.
The balance of Capital account is usually:
Capital is the owner’s investment, so it has a credit balance.
Which document acts as evidence of a business transaction?
Voucher is proof of a financial transaction (like bill, receipt).
Closing stock appears in:
It’s shown on the asset side of the balance sheet.
Which book is known as the original book of entry?
All business transactions are first recorded in the journal.
. Financial year in India starts on:
The Indian financial year is from 1 April to 31 March.
Which account is affected in a ‘Cash Sale’?
Cash increases (Dr), Sales increases (Cr).
Double-entry accounting means:
Every transaction affects at least two accounts – debit and credit.
What is the basic accounting equation?
The accounting equation forms the foundation of the double-entry system.
Which index measures wholesale inflation in India?
WPI = Wholesale Price Index. It tracks prices of goods at the wholesale level.
. The Planning Commission was replaced by:
NITI Aayog was formed in 2015 as a policy think-tank replacing Planning Commission.
In which sector does agriculture belong?
The primary sector includes farming, fishing, mining — natural resources.
. Which tax is considered an indirect tax?
GST is an indirect tax levied on goods and services, paid by consumers.
How many types of emergencies are mentioned in the Constitution?
Article 352 (National), 356 (State), and 360 (Financial) provide for three types of emergencies.
Who appoints the Prime Minister of India?
The President appoints the PM, usually the leader of the majority party in Lok Sabha.
Which gas is the major contributor to the greenhouse effect?
CO₂ traps heat in the atmosphere, leading to global warming.
Choose the word that does not belong to the group:
Cow, buffalo, and goat are domesticated animals, while the tiger is a wild animal. Thus, tiger is the one that doesn't fit the group.
Find the odd one out: 36, 49, 64, 81, 90
All numbers except 90 are perfect squares: 6² = 36, 7² = 49, 8² = 64, 9² = 81. 90 is not a perfect square, hence the odd one.
Which number will replace the question mark? 3 : 27 :: 5 : ?
This is a cube analogy. 3³ = 27, so 5³ = 125. Hence, the answer is 125.
If 5 + 3 = 28, 6 + 4 = 40, then 7 + 5 = ?
(5 + 3) = 8 → 8×3 = 24 (6+4) = 10 × 4 = 40 (7+5) = 12 × 5 = 60 → Answer is 60 Correction: Answer: A. 60
Find the missing number in the pattern: 4, 9, 16, 25, ?, 49
These numbers are squares of consecutive integers: 2²=4, 3²=9, 4²=16, 5²=25, so the missing number is 6² = 36, followed by 7² = 49.
Which of the following does not belong to the group?
Apple, banana, and mango are fruits, while carrot is a root vegetable. It is the only item not belonging to the fruit category, making it the odd one out
If ‘RAM’ is coded as ‘SBN’, what is the code for ‘KITE’?
Each letter is incremented by 1: R → S, A → B, M → N. Similarly, K → L, I → J, T → U, E → F. Thus, KITE becomes LJUF.
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