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CHAPTER 3 : Reconstitution of a Partnership Firm — Admission of a Partner NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Reconstitution of a Partnership Firm — Admission of a Partner :

Question1: Sacrificing ratio is ascertained at the time of

a) Admission of a new partner
b) Death of partner
c) Retirement of partner
d) None of the options

Answer: Admission of a new partner

Question2: share of goodwill brought in by new partner in cash is shared by old partners in

a) Sacrificing ration
b) Old ratio
c) New ratio
d) All of the options

Answer: Sacrificing ration

Question3: Excess of the credit side over the debit side of revaluation account

a) Profit
b) Loss
c) Gain
d) Expense

Answer: Profit

Question4: Balance sheet prepared after new partnership agreement, assets and liabilities are recorded at

a) Revalued figure
b) Original value
c) At realisable value
d) None of the options

Answer: Revalued figure

Question5: Share of goodwill brought in by new partner in cash is called

a) Premium
b) Profit
c) Assets
d) Liabilities

Answer: Premium

Question6: Profit or loss on revaluation is borne by

a) Old Partners
b) New partners
c) All partners
d) All of the options

Answer: Old Partners

Question:7 When the new partners pays for goodwill in cash, the amount should be debited in the firms book to

a) Cash A/c
b) Goodwill A/c
c) Capital Account
d) All of the options

Answer: Cash A/c

Question8: When is brought in cash by the new partner, then the method is known as

a) Premium Method
b) Revaluation Method
c) Memorandum Revaluation Method
d) None of the options

Answer: Premium Method

Question9: On the admission of a new partner, if goodwill account is to be raised then this should be debited to

a) Goodwill Account
b) Old Partners capital Account
c) Profit & Loss Appropriation A/c
d) None of the options

Answer: Goodwill Account

Question10: When we use super profit Method for goodwill Valuation

a) Firm earns higher Profit
b) Firm earns normal Profit
c) Average profit
d) None of the options

Answer: firm earns higher Profit

Question11: Any change in agreement of partnership is called

a) Reconstitution of partnership firm
b) Dissolution of partnership firm
c) Reconstitution of partners
d) None of the options

Answer: Reconstitution of partnership firm

Question12: Which circumstances a partnership firm may be reconstituted

a) All of the options
b) Admission of a partner
c) Retirement/Death of a partner
d) Change in Profit Sharing Ratio

Answer: All of the options

Question13: At the time of admission of a new partner, Which adjustments are required

a) All of the options
b) Accounting treatment of Goodwill.
c) Accounting treatment of accumulated profit.
d) Calculation of new profit sharing ratio and sacrificing ratio.

Answer: All of the options

Question14: At the time of admission of a new partner, Which adjustments are required

a) Calculation of new profit sharing ratio and sacrificing ratio.
b) Accounting treatment of Goodwill.
c) Accounting treatment of accumulated profit.
d) All of the options

Answer: Calculation of new profit sharing ratio and sacrificing ratio.

Question15: Profit Sharing ratio is the ration in which the partners have agreed to share

a) Profit & Losses
b) Profit only
c) Losses only
d) None of the options

Answer: Profit & Losses

Question16: In guarantee of profit, given to a partner

a) Minimum Guarantee profit
b) Equal Profit
c) 0.25
d) None of the options

Answer: Minimum Guarantee profit

Question17: In the partnership, every partner has the right to

a) Both
b) Consulted about the business
c) Participate in management
d) None of the options

Answer: Both

Question18: Which clause should be mentioned in partnership deed

a) All of the options
b) Description of Firms
c) Nature of business
d) Description of partners

Answer: All of the options

Question19: in the absence of partnership deed, Interest on Capital and drawing to be

a) Not paid
b) Paid
c) 6% p.a
d) None of the options

Answer: Not paid

Question20: a partner may retire from firm

a) Both
b) With an Express agreement among the partners
c) With the consent of all the partners
d) None of the options

Answer: Both

Question21: The interest on capital account of partners under the fluctuating capital account method credited to

a) Partners capital account
b) Interest account
c) Profit & Loss A/c
d) None of the options

Answer: Partners capital account

Question22: In the absence of agreement to the contrary , partners share profit and losses in the

a) Equal ratio
b) Rate of average capital
c) 0.25
d) None of the options

Answer: Equal ratio

Question23: Partners Salary is debited to

a) Profit & loss Appropriation A/c
b) Profit & loss A/c
c) Revaluation A/c
d) None of the options

Answer: Profit & loss Appropriation A/c

Question24: Which items may appear on the credit side of the partners current account

a) Interest on Capital
b) Salary
c) Commission
d) All of the options

Answer: Interest on Capital

Question25: If the partners capital account are fixed , Commission payable to partner will show

a) Cr. Side of current A/C
b) Dr. Side of current A/C
c) Both
d) None of the options

Answer: Cr. Side of current A/C

Question26: The firm number of partner increase

a) Admission of a new partner
b) Dissolution of a new partner
c) Retirement of new partner
d) Death of new partner

Answer: Admission of a new partner

Question27: If partners capitals are fixed, premium for goodwill will be:

a) Credited to the current A/cs of the Sacrificing partners
b) Credited to the Partners Capital A/cs
c) Credited to the P/L Adjustment A/c
d) None of the options

Answer: Credited to the current A/cs of the Sacrificing partners

Question28: When the incoming partner pays his share of goodwill privately to the sacrificing partner outside the business Which account should be debited in the books of account

a) No entry should be recorded
b) Premium for goodwill A/c
c) Partners capital A/c
d) None of the options

Answer: No entry should be recorded

Question29: If a new partner is admitted during the year the profits for the year should be divided between ____ period on an agreed basis

a) Pre-admission and post admission
b) Old profit sharing
c) Equal
d) None of the options

Answer: Pre-admission and post admission

Question30: Which of following account is prepared at the time of admission of a new partner?

a) Revaluation Account
b) Realisation Account
c) Profit & loss A/c
d) None of the options

Answer: Revaluation Account

Question31: A and B are partners sharing profits and losses in the ratio of 7 : 5. They agree to admit C, their manager, into partnership who is to get l/6th share in the profits. He acquires this share as l/24th from A and l/8th from B. The new profit sharing ratio will be :

(a) 13:7:4

(b) 7 : 13 : 4

(d) 5 ; 7 : 6

Answer: A

Question32: A and B share profits in the ratio of 3 : 2. They agreed to admit C on the condition that A will sacrifice —th of his share of profit in favour of C and B will sacrifice yrth of his profits in favour of C. The new profit sharing ratio will be :

(a) 12 : 9 : 4

(b) 3 : 2 : 4

(d) 48: 66: 11

Answer: C

Question33: A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. A new partner C is admitted. A surrenders 1/15th share of his profit in favour of C and B surrenders 2/15th of his share in favour of C. The new ratio will be :

(a) 8 : 4 : 3

(b) 42 : 26 : 7

(d) 26 : 42 : 7

Answer: B

Question34: A and B are partners sharing profits and losses as 2 : 1. C is admitted and profit sharing ratio becomes 4:3:2. Goodwill is valued at Rs.94,500. C brings required goodwill in cash. Goodwill amount will be Credited to :

(a) A 114,000 and B Rs. 7,000

(b) A Rs. 12,000 and B Rs. 9,000

(d) A Rs.94,500

Answer: C

Question35: X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership with |th share in profits which he acquires equally from X and Y. Z brings in Rs.40,000 as goodwill in cash. Goodwill amount will be credited to :

(a) X Rs.20,000; Y Rs.20,000

(b) X Rs.25,000; Y Rs.15,000

(d) X Rs. 4,000; Y Rs. 4,000

Answer: A

Question36: 4 and 5 are partners sharing profits in the ratio of 7 : 5. C is admitted into the partnership for 1/6th share which he acquires 1/24th from A and 1/8fh from B. C does not pay anything for his share of goodwill. On C’s admission firm’s goodwill was valued at Rs. 1,80,000. Credit will be given to :

(a) A Rs. 22,500; B Rs. 7,500

(b) A Rs. 7,500; B Rs. 22,500

(d) A Rs.1,35,000; B Rs. 45,000

Answer: B

Question37: X and Y are partners in a firm sharing profits in the ratio of 5 : 3. They admitted Z as a new partner. The new profit sharing ratio will be 4 : 3 : 2. The firm’s goodwill on Z’s admission was valued at Rs. 1,26,000. But Z could not bring any amount of goodwill in Cash. Credit will be given to :

(a) X Rs. 17,500; Y Rs.10,500

(b) X Rs. 16,000; Y Rs.12,000

(d) X Rs. 1,02,375; Y Rs.23,625

Answer: C

Question38: A and B are partners sharing profits in the ratio of 3 : 2. They admit C into the partnership with 1/4th share in future profits. The new profit sharing ratio is 5 : 4 : 3. The firm’s goodwill on C’s admission was valued at Rs. 1,44,000. But C could not bring any amount for goodwill in Cash. Credit will be given to :

(a) A Rs. 80,000; B Rs.64,000

(b) A Rs. 20,000; B Rs. 16,000

(d) A Rs. 26,400; B Rs. 9,600

Answer: D

Questio39: A and B are sharing profits and losses in the ratio of 3: 2. They admit C as a partner and give him 2/10th share in the profits. The new profit-sharing ratio will be

(a) 12:8:5.

(b) 3:2:2.

(d) 2:1:2.

Answer: A

Question40: A and B are sharing profits and losses in the ratio of 5: 3. They admit C as a partner and give him 3/10th share of the profits. This share he will get 1 /5th from A and 1/10th from B. The new profit-sharing ratio will be

(a) 5:6:3.

(b) 2:4:6.

(d) 18:24:38.

Answer: C

Question41: Profit or Loss on revaluation of assets and reassessment of liabilities is transferred to Partners’ Capital Accounts in their

(a) Capital Ratio.

(b) Equal Ratio.

(d) Gaining Ratio.

Answer: C

Question42: Goodwill of a firm of A and B is valued at Rs.30,000. It is appearing in the books at Rs. 12,000. C is admitted for 1/4 share. What amount he is supposed to bring for goodwill?

(a) Rs.3,000

(b) Rs.4,500

(d) Rs. 10,500

Answer: C

Question43: P and Q are partners in a firm having capitals of Rs. 15,000 each. R is admitted for 1/3rd share for which he has to bring Rs. 20,000 for his share of capital. The amount of goodwill will be

(a) Rs. 8,000.

(b) Rs. 10,000.

(d) Rs. 11,000.

Answer: B

Question44: When the new partner brings cash for goodwill, the amount is credited to

(a) Revaluation Account.

(b) Cash Account.

(d) Realisation Account.

Answer: C

Question45: At the time of admission, if the profit-sharing ratio among the old partners does not change then sacrificing ratio will be

(a) equal.

(b) according to the contribution of capital.

(d) according to new partner.

Answer: C

Question46: If the new partner brings his share of goodwill in cash, it will be shared by old partners in :

(a) Ratio of sacrifice

(b) Old profit-sharing ratio

(d) In Capital ratio

Answer: A

Question46: A and B share profits and losses equally. They have Rs.20,000 each as capital. They admit C as equal partner and goodwill was valued at Rs.30,000. C is to bring in Rs.30,000 as his capital and necessary cash towards his share of goodwill. Goodwill Account will not remain open in books. If profit on revaluation is Rs. 13,000, find the closing balance of the capital accounts.

(a) Rs.31,500; Rs.31,500; Rs.30,000

(b) Rs.31,500; Rs.31,500; Rs.20,000

(d) Rs.20,000; Rs.20,000; Rs.30,000

Answer: A

Question47: In the absence of an express agreement as to who will contribute to new partners’ share of profit, it is implied that the old partners will contribute :

(a) Equally

(b) In the ratio of their capitals

(d) In the gaining ratio

Answer: C

Question48: A and B are partners sharing profit in the ratio of 3 : 2. They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be :

(a) 12: 8:5

(b) 8: 12 : 5

(d) None of the Above

Answer: D

Question49: X and Y are partners sharing profit in the ratio of 3 : 2. Z was admitted with 1/4 share in profits which he acquires equally from X and Y. The new ratio will be:

(a) 9:6: 5

(b) 19: 11: 10

(d) 3 : 2 : 4

Answer: B

Question50: A and B share profits in the ratio of 2 : 1. C is admitted with 1/4 share in profits. C acquires 3/4 of his share from A and 1/4 of his share from B. The new ratio will be:

(a) 2 : 1 : 1

(b) 23 : 13 : 12

(d) 13 : 23 : 12

Answer: B

Question51: A and B are partners in a firm sharing profits in the ratio of 2 : 1. C is admitted as a partner. A and B surrender 1/2 of their respective share in favour of C. C is to bring his share of premium for goodwill in cash. The goodwill of the firm is estimated at Rs. 60,000. Credit will be given to :

(a) A Rs. 15,000; B Rs. 15,000

(b) A Rs.40,000; B Rs. 20,000

(d) A Rs.20,000; B Rs. 10,000

Answer: D

Question52: P and S are partners sharing profits in the ratio of 3 : 2. R is admitted with 1/5th share and he brings in Rs.84,000 as his share of goodwill which is Credited to the Capital Accounts of P and S respectively with Rs.63,000 and Rs.21,000. New profit sharing ratio will be :

(a) 3 : 1 : 5

(b) 9 : 7 : 4

(d) 7 : 9 : 4

Answer: B

Question53: Partners A, B and C share the profits of a business in the ratio of 3 : 2 : 1 respectively. They admit D who brings in Rs.60,000 for his share of goodwill. A, B, C and D decide to share the profits respectively in the ratio of 5 : 3 : 2 : 2. Credit will be given to :

(a) A Rs. 6,000; B Rs.6,000

(b) A Rs.30,000; B Rs. 18,000; C Rs. 12,000

(d) A Rs.30,000; B Rs.30,000

Answer: D

Question54: A new partner may be admitted into a partnership ;

(a) With the consent of any one partner

(b) With the consent of majority of partners

(d) With the consent of 2/3rd of old partners

Answer: C

Question55: On the admission of a new partner :

(a) Old firm is dissolved .

(b) Old partnership is dissolved

(d) Neither partnership nor firm is dissolved

Answer: C

Question56: B and N are partners in a firm sharing profits in the ratio of 3 : 2. They admit S as a partner for l/4th share in the profits. S acquires his share from B and N in the ratio of 2 : 1. The new profit-sharing ratio will be :

(a) 2:1:4

(b) 19: 26: 15

(d) 26: 19: 15

Answer: D

Question57: Unrecorded assets or liabilities are transferred to

(a) Partners’ Capital Accounts.

(b) Revaluation Account.

(d) Partners’ Current Accounts.

Answer: B

Question58: X and Y are partners sharing profits in the ratio of 3: 2, and capitals as Rs. 100,000 and Rs. 50,000 respectively. Z is admitted for 1/5th share in profits. The amount Z will contribute as capital will be

(a) Rs. 50,000.

(b) Rs. 35,000.

(d) Rs. 60,000.

Answer: C

Question59: X and Y are partners sharing profits and losses in the ratio of 3:2. Z was admitted for the 1/5th share and for this he brings Rs. 150,000, as capital. If capitals are to be proportionate to profit-sharing ratio, the respective capitals of the partners will be

(a) Rs. 3,00,000: Rs. 3,00,000: Rs.1,50,000.

(b) Rs. 3,60,000: Rs. 2,40,000: Rs. 1,50,000.

(d) Rs. 1,50,000: Rs. 2,00,000: Rs. 4,00,000.

Answer: B

Question60: Revaluation Account or Profit and Loss Adjustment A/c is a

(a) Real Account

(b) Personal Account

(d) Asset Account

Answer: C

Question61: In case of admission of a partner, the entry for unrecorded investments will be:

(a) Debit Partners Capital A/cs and Credit Investments A/c

(b) Debit Revaluation A/c and Credit Investment A/c

(d) None of the above

Answer: C

Question62: When the balance sheet is prepared after the new partnership agreement, the assets and liabilities are recorded at:

(a) Historical cost

(b) Current cost

(d) Revalued figures

Answer: D

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CHAPTER 2: Accounting for Partnership: Basic Concepts NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Accounting for Partnership: Basic Concepts:

Question1: Goodwill can be classified into which categories

a) Purchased Goodwill
b) Self generated Goodwill
c) Both
d) None of the options

Answer: Purchased Goodwill

Question2: Super profit method is for goodwill valuation

a) Super profit x No. of years
b) Average profit x No. of years
c) Weighted Average profit x No. of years
d) None of the options

Answer: Super profit x No. of years

Question3: Purchased Goodwill is

a) Assets-Liabilities
b) Assets-Profit
c) Both
d) None of the options

Answer: Assets-Liabilities

Question4: If the amount of super profit is negative , what does it indicate?

a) There is no goodwill
b) There is average goodwill
c) Both
d) None of the options

Answer: There is no goodwill

Question5: Which goodwill is recorded in books of accounts ?

a) Purchased Goodwill
b) Self -generated Goodwill
c) Both
d) None of the options

Answer: Purchased Goodwill

Question6: When does need valuation of goodwill

a) Both
b) On Retirement or death of a partner
c) Admission of partner
d) None of the options

Answer: Both

Question7: Which Factors affecting the value of Goodwill :

a) All of the options
b) Quality of products
c) Location of business
d) Efficient management

Answer: All of the options

Question8: Which Methods of valuation of goodwill

a) All of the options
b) Super profit method
c) Capitalization method
d) Average profit method

Answer: All of the options

Question9: When sacrificing ratio is used

a) Admission of New partner
b) dissolution of partnership agreement
c) dissolution of partnership firm
d) None of the options

Answer: Admission of New partner

Question10: In which ratio the profit or loss on revaluation is shared by the old partners

a) Old Profit sharing ratio
b) New Profit sharing ratio
c) Equally
d) None of the options

Answer: Old Profit sharing ratio

Question11: Old profit sharing ratio- new profit sharing ratio is equal to

a) Sacrificing Ratio
b) Gaining Ratio
c) Profit sharing Ratio
d) None of the options

Answer: Sacrificing Ratio

Question12: A new Partner can be admitted in the firm, When

a) All partners Agreed
b) Some Partners Agreed
c) Dormant Partner agreed
d) None of the options

Answer: All partners Agreed

Question13: When a partner does bring cash for goodwill, an account is raised at

a) New Profit sharing
b) Old Profit sharing Value
c) Profit Sharing
d) None of the options

Answer: New Profit sharing

Question14: When partners decide to show assets and liabilities at old value, Which accounts is opened

a) Memorandum Revaluation A/C
b) Capital A/c
c) Profit & Loss Appropriation A/c
d) None of the options

Answer: Memorandum Revaluation A/C

Question15: When Goodwill account is raised , then credit is given to old partners capital Account in

a) New Profit sharing Ratio
b) Old Profit sharing ratio
c) Gaining Ratio
d) None of the options

Answer: New Profit sharing Ratio

Question16: The valuation of goodwill is not necessary in sole trading

a) On closing the firm
b) On making a partner
c) On selling the firm
d) None of the options

Answer: On closing the firm

Question17: The profit of the last three years are 42000, 39000, 45000 Rs., Value of goodwill at two years purchase of the average profit will be

a) 84000
b) 42000
c) 126000
d) None of the options

Answer: 84000

Question18: find the goodwill of firm using capitalisation method, the total capital employed in the firm 80000 Rs., reasonable rate of return 15%, Profit for the year 120000 Rs.

a) 720000
b) 820000
c) 120000
d) None of the options

Answer: 720000

Question19: What do you mean by super profit

a) Average profit – Normal profit
b) Total Profit/No. of years
c) Average profit + Normal profit
d) None of the options

Answer: Average profit – Normal profit

Question20: The excess of average profit over the normal profit is called

a) Super Profit
b) Fixed Profit
c) Abnormal Profit
d) Net profit

Answer: Super Profit

Question21: Weighted Average method of calculating goodwill is used when

a) Both
b) Profit has increasing trend
c) Profit has decreasing trend
d) None of the options

Answer: Both

Question22: The monetary value of reputation of the business is called

a) Goodwill
b) Super profit
c) Surplus
d) None of the options

Answer: Goodwill

Question23: When the value of goodwill is not given at the time of admission of a new partner, it IS inferred from the capital of the new firm and profit sharing ratio. This concept is called

a) Hidden Goodwill
b) Purchased Goodwill
c) Average Goodwill
d) None of the options

Answer: Hidden Goodwill

Question24: Why new partner needs to bring goodwill?

a) To compensate the sacrificing partners
b) For Revaluation Account
c) For Revaluation Assets
d) All of the options

Answer: To compensate the sacrificing partners

Question25: The balance of revaluation A/c is transferred to old partners capital account in their

a) Old Profit sharing ratio
b) New profit sharing ratio
c) Equal ratio
d) None of the options

Answer: Old Profit sharing ratio

Question26: Interest on partners capital is calculated on

a) Capital in the beginning
b) Capital in the end
c) Average capital
d) None of the options

Answer: Capital in the beginning

Question27: Account is prepared only one time in during the life of firm

a) Realisation Account
b) Revaluation A/c
c) Profit & loss A/c
d) None of the options

Answer: Realisation Account

Question28: Revaluation account is prepared on

a) Reconstitution of partnership firm.
b) Dissolution of partnership firm
c) Both
d) None of the options

Answer: Reconstitution of partnership firm.

Question29: Goodwill can be classified into which categories

a) Purchased Goodwill
b) Self generated Goodwill
c) Both
d) None of the options

Answer: Purchased Goodwill

Question30: When a partner does bring cash for goodwill, an account is raised at

a) New Profit sharing
b) Old Profit sharing Value
c) Profit Sharing
d) None of the options

Answer: New Profit sharing

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CHAPTER 1: Accounting for Not-for-Profit Organisation NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Accounting for Not-for-Profit Organisation:

Question1. Which of the following is an example of not-profit-organisation:

(a) Public hospitals

(b) Corporations

(d) Insurance companies.

Ans: A

Question2. <100000 received as annual subscription. Out of this <20000 is of pervious year whereas <10000 is receivable at the end of the current year. Amount of subscription that will be show in income and expenditure account will be

(a) <1, 00,000

(b) <90, 000

(d) <80, 000

Ans: B

Question3. Surplus of Not-for –Profit organisations

(a) Distributed among the members

(b) Is not distributed among the members

(d) Is debited to General fund.

Ans: B

Question4. If Life Membership fees of <5000 wrongly treated as revenue receipt then effect of this error on surplus and closing balance of capital fund will be

(a) Capital fund increased and surplus increased by<5000

(b) Capita fund decreased and surplus increased by<5000

(d) Capital fund decreased by <5000 but no effect on surplus.

Ans: C

Question5. Income and Expenditure Account is based on

(a) Cash Basis of Accounting.

(b) Accrual Basis of Accounting.

(d) Management Accounting.

Ans: B

Question6. Delhi cricket club gives the following information. Opening Stadium Fund is <10, 00,000. Donation for Stadium fund received during the year Rs.500000. Income from Stadium Fund Investment Rs.100000. Amount spent during the year on construction of stadium is Rs.600000. Identify which of the following statement is correct in respect to preparation of Balance sheet.

(a) Rs.600000 shown on the asset side of the Balance sheet.

(b) Rs.600000 shown on the asset side of the Balance sheet Also Rs.600000 is transferred to the credit of Income and Expenditure account,

(c) Rs.600000 shown on the asset side of the Balance sheet Also Rs.600000 is transferred from Stadium fund to General fund in the Balance sheet.

(d) Rs.600000 is shown as an expense in the Income and Expenditure account and Rs.600000 is transferred to the credit pf Income and Expenditure account from Stadium fund.

Ans: C

Question7. Subscriptions received during the year Rs.5,000,amount received in advance for the next year is Rs.300. Amount outstanding for current year was Rs.400. The amount to be credited to the Income and Expenditure account is

(a) 4,000

(b) 5100

(d) 4600

Ans: B

Question8. Subscription received during the year Rs.50, 000. ;Subscriptions Outstanding at the end of the year` 8,000; Subscription outstanding at the beginning of the year ` 6,000. Net Income from subscription will be

(a) 48,000

(b) 64,000

(d) 36,000 Ans: C
Question9. When the Tournament Expenses incurred are more than the Tournament Fund, then the excess amount is excess amount is

(a) Debited to Income and Expenditure account

(b) Credited to Tournament Fund

(d) Credited to Income and Expenditure Account

Ans: A

Question10. Which of the following is prepared to find out the income of a trading concern?

(a) Receipts and Payments a/c

(b) Income and Expenditure a/c

(d) Balance Sheet.

Ans: C

Question11. If Income is Rs.16,000 and deficit debited to Capital Fund is Rs.4,300 then Expenditure is:

(a) 16,000

(b) 4,300

(d) None of these

Ans: C

Question12. The Main purpose of Not-for- Profit organisation is :

(a) To earn profit

(b) to serve the society

(d) None of the above.

Ans: B

Question13. If 10% Interest on Investment appearing in the Receipts side is Rs.7000, then the value of investment will be:

(a) Rs.1,00,000

(b) 70,000

(d) 49,000

Ans: B

Question14. Entrance fees received amounted to Rs.50,000. In this 25% is to be capitalized. Mention the amount to be shown in income side of Income and Expenditure account:

(a) 12,500

(b)13,200

(d) 37,500

Ans: D

Question15. Subscription outstanding for the year 2018-19 is Rs.2500. Subscription outstanding for the year 2017-18 was Rs.5000 out of which Rs.3000 were received during the year 2018-19. The outstanding subscription to be shown in the Income and expenditure for current year 2018-19 is :

(a) Rs. 500

(b) Rs.1000

(d) Rs.3000

Ans: A

Question16. Furniture (Book value) Rs.5,000 were sold for Rs. 4,500. New Furniture worth Rs.10,000 were purchased during the year. The amount which is to be debited to Income and Expenditure account is :

(a) Profit on sale Rs.500

(b) Loss on sale Rs.500

(d) Purchase of Rs.10000

Ans: B

Question17. Stock of medicines on 1.4.18 were Rs.5000. Medicines purchased during the year is Rs.5000. Medicines sold during the year is Rs.2500. Closing stock of medicines are Rs.3000. Stock of medicines used during the year 2019 is:

(a) Rs.7000

(b) Rs.2500

(d) Rs.10000

Ans: A

Question18. Receipts and payments account makes no difference between:

(a) Capital Receipts and Capital payments

(b) Revenue receipts and revenue payments

(d) All the above.

Ans: D

Question19. Out of the following items, which is not shown in the ‘Receipts and Payments A/c’ of a not for profit organisation?

(a) Subscription received in advance

(b) Subscription due

(d) All of the above

Answer: B

Question20. Specific Donation received by NPO is shown in the

(a) Credit side of Income and Expenditure Account,

(b) Debit side of Income and Expenditure Account

(d) As is decided by the management.

Answer: C

Question21. Features of a partnership firm are :

(a) Two or more persons are carrying common business under an agreement.

(b) They are sharing profits and losses in the fixed ratio.

(d) All of the above.

Answer: A

Question22. Following are essential elements of a partnership firm except:

(a) At least two persons

(b) There is an agreement between all partners

(d) Partnership agreement is for some business.

Answer: A

Question23. Life Membership Fee received by NPO is accounted as

(a) Revenue Receipt.

(b) Capital Receipt.

(d) Miscellaneous Receipt.

Answer: B

Question24. Salaries paid during the year ended 31st March, 2020 is Rs. 36,000. Salaries paid in advance at the end of previous year were Rs. 54,000. The amount of Salaries to be debited to income and Expenditure Account for the year ended 31st March, 2020 will be

(a) Rs. 54,000.

(b) Rs. 36,000.

(d) Rs. 18,000.

Answer: C

Question25. If a General Donation of huge amount is received by a school, that donation is treated as :

(a) Revenue Receipt (Income)

(b) Capital Receipt (Liability).

(d) Earned Income

Answer: B

Question26. There are 200 members, each paying an annual subscription of Rs. 1,000; subscription received during the year Rs. 1,95,000; subscriptions received in advance at the beginning of the year Rs. 3,000 and at the end of the year Rs.2,000. Amount shown in Income & Expenditure Account will be :

(a) Rs. 2,00,000

(b) Rs. 1,96,000

(d) Rs. 2,01,000

Answer: A

Question27. The opening balance of Prize Fund was Rs.32,800. During the year, donations received towards this fund amounted to Rs. 15,400; amount spent on prizes was Rs. 12,300 and interest received on prize fund investment was Rs.4,000. The closing balance of Prize Fund will be :

(a) Rs. 56,500

(b) Rs.64,500

(d) Rs. 31,900

Answer: C

Question28. The amount received for sale of old sports materials by a Non-profit organisation is shown in which of the following?

(a) Debit side of Income and Expenditure Account

(b) Liability side of Balance Sheet

(d) Assets side of Balance Sheet

Answer: C

Question29. If there is a ‘Match Fund’, then match expenses and incomes are transferred to:

(a) Income and Expenditure A/c

(b) Assets side of Balance Sheet

(d) Both Income and Expenditure A/c and to Balance Sheet

Answer: C

Question30. Not-for-profit organisations prepare:

(a) Trading Account

(b) Trading & Profit and Loss Account

(d) All of the above

Answer: C

Question31. The Receipts and Payments Account is a summary of:

(a) Debit and Credit balance of Ledger Accounts

(b) Cash Receipts and Payments

(d) Assets and Liabilities

Answer: B

Question32. Identify capital receipt from the following:

(a) Life Membership Fees

(b) Rent Receipt

(d) Sports expenses.

Answer: A

Question33. General Donation received by NPO is shown in the

(a) Credit side of income and Expenditure Account,

(b) Debit side of income and Expenditure Account

(d) Assets side of the Balance Sheet.

Answer: A

Question34. Subscriptions received in advance by a club are shown

(a) in the credit side of the Income and Expenditure Account.

(b) in the assets side of the Balance Sheet.

(d) in the payments side of Receipts and Payments Account.

Answer: C

Question35. Subscription received during the year 2019-20: Rs. 1,50,000. Outstanding Subscription as on 31st March, 2019: Rs. 1,00,000. The amount shown as subscription receipt will be

(a) Rs. 50,000.

(b) Rs. 1,50,000.

(d) Rs. 1,25,000.

Answer: A

Question36. Out of the following, which is Unrestricted Fund?

(a) Annuity Fund

(b) Sports Fund

(d) Endowment Fund

Answer: C

Question37. Subscription received in advance during the current year is

(a) an income.

(b) an asset.

(d) None of these.

Answer: C

Question38. The opening balance of Prize Fund was Rs.32,800. During the year, donations received towards this fund amounted to Rs. 15,400; amount spent on prizes was Rs. 12,300 and interest received on prize fund investment was Rs.4,000. The closing balance of Prize Fund will be :

(a) Rs. 56,500

(b) Rs.64,500

(d) Rs. 31,900

Answer: C

Question39. Salary paid in cash during the current year was Rs. 80,000; Outstanding salary at the end was Rs.4,000; Salary paid in advance last year pertaining to the current year was Rs.3,200; paid in advance during current year for next year was Rs.5,000. The amount debited to Income and Expenditure Account will be:

(a) Rs.85,800

(b) Rs.77,800

(d) Rs. 74,200

Answer: C

Question40. How much amount will be shown in Income and Expenditure Account in the following case?

1-4-2019 31-3-2020

Creditors for Stationery 8,000 6,000

Stock of Stationery 3,000 3,200

During 2019-20 payment made for Stationery was Rs.60,000.

(a) Rs.57,800

(b) Rs.62,200

(d) Rs.5 8,200

Answer: A

Question41. Income and Expenditure Account is prepared on

(a) Cash Basis.

(b) Accrual Basis.

(d) Sales Basis,

Answer: B

Question42. Main source of Income for a Not-for-Profit Organisation is

(a) Rent.

(b) Salaries.

(d) Sale of Assets.

Answer: C

Question43. Credit purchase of stationery is Rs. 64,000, which is 80% of total purchase, compute cash purchase of stationery,

(a) Rs. 16,000

(b) Rs. 24,000

(d) Rs. 40,000.

Answer: A

Question44. Choose NPO from the following:

(a) Reliance Industries Limited

(b) Indian Hoc Important Federation

(d) Private Hospital

Answer: B

Question.45 Receipts and Payments Account is prepared on

(a) Cash Basis.

(b) Time Basis.

(d) Sales Basis.

Answer: A

Question46. Amount received from sale of grass by a club should be treated as :

(a) Capital Receipt

(b) Revenue Receipt

(d) Earned Income

Answer: B

Question47. Legacy Donation received by NPO to be used for specific purpose is accounted as

(a) Revenue Receipt.

(b) Capital Receipt.

(d) is decided by the Management.

Answer: B

Question48. The amount of ‘Entrance Fees’ received by a Non-profit organisation (if it is received regularly) is shown in which of the following?

(a) Liability side of Balance Sheet

(b) Assets side of Balance Sheet

(d) Credit side of Income and Expenditure Account

Answer: D

Question49. Furniture as on 31st March, 2019 Rs. 4,40,000. Furniture (having Book value as on 1st April, 2018 of Rs. 40,000) sold at a loss of 20% on 31st December, 2018. Furniture is depreciated @ 10% p.(a) Furniture costing Rs. 3,00,000 was also purchased on 1st October, 2018. Calculate Loss on sale of furniture.

(a) Rs. 9,400

(b) Rs. 6,400

(d) Rs. 7,400

Answer: D

Question50. Receipts and Payments Account is a summary of

(a) Debit and Credit balances of Ledger Account.

(b) Cash receipts and payments.

(d) Balances of assets and liabilities.

Answer: B

Question51. Subscription received by a school for organising annual function is treated as:

(a) Capital Receipt (i.e., Liability)

(b) Revenue Receipt (;.e., Income)

(d) Earned Income

Answer: A

Question52. Choose NPO from the following:

(a) Reliance Industries Limited

(b) Indian Hoc Important Federation

(d) Private Hospital

Answer: B

Question53. Title of the account which shows Surplus/Deficit of NPO is

(a) Cash Book.

(b) Income and Expenditure Account.

(d) Balance Sheet.

Answer: B

Question54. Out of the following items, which one is shown in the ‘Receipts and Payments Account’ of a not for profit organisation?

(a) Accrued subscription

(b) Outstanding salary

(d) None of these

Answer: D

Question55. Income and Expenditure Account reveals:

(a) Surplus or Deficiency

(b) Cash in Hand

(d) Capital Account

Answer: A

Question56. Salary paid for the year ended 31st March, 2020 amounted to Rs.75,000. How much amount will be recorded in Income and Expenditure Account in the following case?

31-3-2019 31-3-2020

Outstanding Salary 6,500 6,000

Prepaid Salary 1,200 1,000

(a) Rs.75,700

(b) Rs.74,300

(d) Rs.74,700

Answer: D

Question57. Receipts and Payments Account is a

(a) Real Account.

(b) Nominal Account.

(d) Revenue Account

Answer: A

Question58. If there is a ‘Match Fund’, then Match Expenses and Match Incomes are transferred to

(a) Income and Expenditure A/(c)

(b) Assets side of Balance Sheet.

(d) Both Income and Expenditure A/c and to Balance Sheet.

Answer: C

Question59. Identify revenue receipt from the following:

(a) Donations for Building

(b) Subscription

(d) Legacy donation for Library.

Answer: B

Question60. Donation received for a special purpose:

(a) Should be credited to Income and Expenditure Account

(b) Should be credited to separate account and shown in the Balance Sheet

(d) Should not be recorded at all.

Answer: B

Question61. Calculate the amount of credit purchase from the following information:

Particulars	1st April, 2019(Rs.)	31st March, 2020 (Rs.)
Creditors for Stationery	4,600	11,800

During the year ended 31st March, 2020, payment made to creditors of Rs. 56,800.

(a) Rs. 54,000

(b) Rs. 64,000

(d) Rs. 44,000

Answer: B

Question62. Out of the following items, which is not shown in the ‘Receipts and Payments A/c’ of a not for profit organisation?

(a) Subscription received in advance

(b) Subscription due

(d) All of the above

Answer: B

Question63. Subscription received in advance during the current year is :

(a) an income

(b) an asset

(d) none of these

Answer: C

Question64. Subscription received in cash during the year amounted to Rs.5,00,000; subscription outstanding at the end of previous year was Rs.20,000 and outstanding at the end of current year was Rs.25,000. Subscription received in advance for next year was Rs. 8,000 and received in advance during previous year was Rs.7,000. The amount credited to Income & Expenditure Account will be :

(a) Rs.5,04,000

(b) Rs.5,06,000

(d) Rs.4,94,000

Answer: A

Question65. Compute Rent for the year ended 31st March, 2020 from the following:

1.4.2019 31.3.2020

Outstanding Rent Rs. 19,000 Rs. 14,000

Prepaid Rent Rs. 5,600 Rs. 10,400

Answer: B

Question66. Receipts and Payments Account is a :

(a) Personal Account

(b) Real Account

(d) Real and Nominal Account, both

Answer: B

Question67.Income and Expenditure Account records transactions of:

(a) Revenue nature only

(b) Capital nature only

(d) Income of only revenue nature and expenditure of revenue and capital nature.

Answer: A

Question68. Salaries paid during the year ended 31st March, 2020 is Rs. 36,000. Salaries paid in advance at the end of previous year were Rs. 54,000. The amount of Salaries to be debited to income and Expenditure Account for the year ended 31st March, 2020 will be

(a) Rs. 54,000.

(b) Rs. 36,000.

(d) Rs. 18,000.

Answer: C

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CHAPTER 6: Cash Flow Statement NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Cash Flow Statement:

Question1: Sale of Copyrights is concerned with_______

a) Investing Activities
b) Operating Activities
c) Both Operating Activities and Financing Activities
d) Financing Activities

Answer: Investing Activities

Question2: Dividend Received is concerned with_________

a) Investing Activities
b) Operating Activities
c) Financing Activities
d) Both Operating Activities and Financing Activities

Answer: Investing Activities

Question3: Refund of income tax is the part of

a) Operating activities in Cash Flow Statement
b) Financing Activities in Cash Flow Statement
c) Investing Activities in Cash Flow Statement
d) All of the options

Answer: Operating activities in Cash Flow Statement

Question4: Rent received is classified under

a) Investing Activities
b) Operating Activities
c) Cash and Cash Equivalents
d) Financing Activities

Answer: Investing Activities

Question5: In indirect method, Which is used to calculate the amount of net cash flow from operating activities

a) Net income figure from the income statement
b) Net loss figure from Profit & Loss
c) Net Profit figure from Profit & Loss
d) All of the options

Answer: Net income figure from the income statement

Question6: Which activities are the same for Computation of Direct and indirect method

a) Cash Flow from Financing Activities and Cash flow from Investment activities
b) Cash Flow from Operating Activities and Cash flow from Investment activities
c) Cash Flow from Operating Activities and Cash flow from Financial activities
d) All of the options

Answer: Cash Flow from Financing Activities and Cash flow from Investment activities

Question7: The main difference in direct and indirect method is to calculate the

a) Cash flow from operating activities
b) Cash Flow from Financing Activities
c) Cash Flow from Investing Activities
d) All of the options

Answer: Cash flow from operating activities

Question8: Which is the Method for the preparation of cash flow statement

a) Both Direct and Indirect
b) Direct Method
c) Indirect Method
d) Average Method

Answer: Both Direct and Indirect

Question9: How many methods for the preparation of cash flow statement

a) 2
b) 3
c) 4
d) 5

Answer: 2

Question10: A cash flow statement is also prepared to determine the

a) Liquidity position of the organisation
b) Debt position of the organisation
c) Net Profit position of the organisation
d) Net Profit position of the organisation

Answer: Liquidity position of the organisation

Question11: The most important objective of cash flow statement is that helps to ascertain the and outflows of cash and from

a) All of the options
b) Gross inflows
c) Outflows of cash
d) Cash equivalents

Answer: All of the options

Question12: What are the objectives of preparing cash flow statement

a) All of the options
b) To determine the liquidity position of the organisation
c) To know about the requirement of cash in future
d) To ascertain the gross inflows and outflows of cash

Answer: All of the options

Question13: When Company repurchases shares, pays dividends or pays off debt, it records a

a) Cash outflow
b) Cash inflow
c) Not related to cash
d) All of the options

Answer: Cash outflow

Question14: When the company issues new shares, it records a

a) Cash inflow
b) Cash outflow
c) Not related to cash
d) All of the options

Answer: Cash inflow

Question15: Cash flows from financing activities are those that take place between

a) Firm and its investors
b) Sundry Creditors and Sundry Debtors
c) Net profit & loss
d) All of the options

Answer: Firm and its investors

Question16: Cash flows from investing activities are those

a) All of the options
b) Property
c) Plant
d) Intangible assets.

Answer: All of the options

Question17: Under Cash Flow from Operating Activities incorporates are

a) All of the options
b) Cash received from customers
c) Paid to suppliers
d) Paid for operating costs

Answer: All of the options

Question18: The cash flow statement begins with the

a) Cash Flow from Operating Activities
b) Cash Flow from Financing Activities
c) Cash Flow from Investing Activities
d) None of these

Answer: Cash Flow from Operating Activities

Question19: The primary objective of cash flow statement is to provide useful information about

a) Cash Flow
b) Net Profit
c) Net Loss
d) All of the options

Answer: Cash Flow

Question20: A cash flow statement shows

a) Both Inflow and Outflow
b) Inflow cash
c) Outflow cash
d) Not related to cash

Answer: Both Inflow and Outflow

Question21: For calculating cash flow from operating activities, provision for doubtful debts is __________the profit made during the year

a) Added to
b) Deducted from
c) Divided to
d) All of the options

Answer: Added to

Question22: An increase in accrued income during the particular year is ____________for calculating the cash flow from operating activities (added to/deducted from).

a) Added to
b) Deducted from
c) Divided to
d) All of the options

Answer: Added to

Question23: Expenses paid in advance at the end of the year are______________the profit made during the year

a) Deducted from
b) Added to
c) Divided to
d) All of the options

Answer: Deducted from

Question24: If the net profits made during the year are Rs. 50,000 and the bills receivables have decreased by Rs. 10,000 during the year then the cash flow from operating activities will be equal to Rs.

a) Rs. 60,000
b) Rs. 40,000
c) Rs. 70,000
d) Rs. 50000

Answer: Rs. 60,000

Question25: If the net profits earned during the year is Rs. 50,000 and the amount of debtors in the beginning and the end of the year is Rs. 10,000 and Rs.20,000 respectively, then the cash from operating activities will be equal to Rs.

a) Rs. 40,000
b) Rs. 60,000
c) Rs. 70,000
d) Rs. 50000

Answer: Rs. 40,000

Question26: Total Sales Rs, 500000, Credit Sales Rs. 225000, Total Purchase Rs. 248000, Credit Purchase Rs. 108000, Cash Operating Exp Rs. 40000, Cash From Operation will be

a) Rs. 95000
b) Rs. 90000
c) Rs. 60000
d) RS. 70000

Answer: Rs. 95000

Question27: Net Profit for the year Rs. 15000 , Interest Received in advance on 1st Jan 2004 Rs. 2000 and 31st December 2004 Rs. 3000, Cash from operation will be

a) Rs. 16000
b) Rs. 22000
c) Rs, 13000
d) Rs. 15000

Answer: Rs. 16000

Question28: Opening Stock Rs. 7000, Closing stock Rs. 10000, Cash Purchase Rs. 82000. Sales Rs. 125000 including credit sales Rs. 18000, Cash generated from operations Equal

a) Rs. 22000
b) Rs. 42000
c) Rs. 28000
d) Rs. 30000

Answer: Rs. 22000

Question29: Total sales Rs. 200000, Debtors at the beginning Rs. 15000, Debtors at the ending Rs. 28000, Cash Sale will be

a) Rs. 187000
b) Rs 213000
c) Rs. 215000
d) Rs. 210000

Answer: Rs. 187000

Question30: Which of the following is an example of non cash Exp

a) Depreciation
b) Wages and salaries
c) Telephone Exp
d) All of the options

Answer: Depreciation

Question31: If the net operating profit of a business is Rs. 90000 and the debtors have decreased during the year by Rs. 30000, cash from operation equal to

a) Rs. 120000
b) Rs. 90000
c) Rs. 60000
d) Rs. 50000

Answer: Rs. 120000

Question32: Cash from operation will increase due to

a) Decrease in stock
b) Increase in stock
c) Increase in Bills receivable
d) Decrease in Bills receivable

Answer: Decrease in stock

Question33: Cash flow statement is prepared from

a) All of the options
b) Balance sheet
c) Profit and Loss
d) Additional Information

Answer: All of the options

Question34: Cash from operation will decrease due to

a) Increase in Current assets
b) Decrease in Current assets
c) Increase in Current Liabilities
d) Decrease in Current Liabilities

Answer: Increase in Current assets

Question35: Increase in the amount of bills receivable results in

a) Decrease in cash
b) Increase in cash
c) No change in cash
d) All of the options

Answer: Decrease in cash

Question36: Which of the following is not a cash outflow

a) Increase in outstanding Exp.
b) Increase in Prepaid Exp.
c) Increase in Stock
d) Increase in Bills receivable

Answer: Increase in outstanding Exp.

Question37: Which of the following is not a cash inflow

a) Purchase of fixed assets
b) Sale of goods
c) Issue of debentures
d) Sales of fixed assets

Answer: Purchase of fixed assets

Question38: Acquisition of assets or Acquisition of an enterprise by means of issue of shares and debentures is _________ transaction

a) Non Cash
b) Cash
c) Both
d) None of these

Answer: Non Cash

Question39: According to AS-3 (Revised) redemption of preference share is _______ activity

a) Financing
b) Investing
c) Operating
d) All of the options

Answer: Financing

Question40: Marketable securities is treated as ___________ in cash flow statement

a) Cash equivalent
b) Non Cash equivalent
c) Both
d) All of the options

Answer: Cash equivalent

Question41: An example of cash flow from investing activity is :

a) Issue of debenture

b) Repayment of long-term loan

c) Purchase of raw materials for cash

d) Sale of investment by non-financial enterprise.

Answer: D

Question42: An example of Cash Flows from Investing Activity is :

a) Cash Revenue from Operations

b) Commission Received

c) Payment of cash for purchase of fixed assets

d) Dividend paid

Answer: C

Question:43 An Example of cash flow from financing activity is :

a) Payment of dividend

b) Receipt of dividend on investment

c) Cash received from customer

d) Purchase of fixed asset

Answer: A

Question44: A company receives a dividend of X2 Lakhs on its investment in other company’s shares. In case of a Finance Company, it will be classified under which kind of activity?

a) Cash Flow from Operating Activities

b) Cash Flow from Investing Activities

c) Cash Flow from Financing Activities

d) No Cash Flow

Answer: A

Question45: How will you classify loans given by Tata Finance Company?

a) Cash Flow from Operating Activities

b) Cash Flow from Investing Activities

c) Cash Flow from Financing Activities

d) No Cash Flow

Answer: A

Question46: How will you classify deposits by customers in Axis Bank?

a) Cash Flow from Operating Activities

b) Cash Flow from Investing Activities

c) Cash Flow from Financing Activities

d) No Cash Flow

Answer: A

Question47: Which of the following item is considered as Cash Equivalents?

a) Marketable Securities

b) Debtors

c) Investment

d) Bills of Exchange

Answer: A

Question48: Which of the following is considered as Cash Equivalents?

a) Bank deposits for 2 months

b) Commercial Papers

c) Treasury Bills

d) All of the above

Answer: D

Question49: Cash deposit with the bank with a maturity date after two months belongs to which of the following in the cash flow statement:

a) Investing activities

b) Financing activities

c) Cash and Cash equivalents

d) Operating activities

Answer: C

Question50: Which of the following is shown under Financing Activity?

a) interest paid

b) Commission Received

c) Cash received against sale of goods

d) Cash paid for purchase of goods.

Answer: A

Question51: Which of the following is not included in Cash and Cash Equivalents?

a) Balances with Banks

b) Bank deposits with 100 days of maturity

c) Cheques and Drafts on hand

d) Cash on hand

Answer: B

Question52: Which of the following is not part of Cash and Cash Equivalents?

a) Inventories

b) Current investments

c) Short-term Deposits

d) Marketable Securities

Answer: A

Question53: ‘Koval Ltd! is a financing company. Under which activity will the amount of interest paid on a loan settled in the current year be shown?

a) investing Activities

b) Financing Activities

c) Both Investing and Financing Activities

d) Operating Activities

Answer: D

Question54: GSC Ltd. purchased machinery of Rs. 10,00,000 issuing a cheque of Rs. 2,50,000 and 10% Debentures of Rs. 7,50,000. ln the Cash Flow Statement, the transaction will be shown as

a) Outflow under Investing Activity Rs. 10,00,000, inflow under Financing Activity as Receipt for Debentures Rs. 7,50,000.

b) Outflow under investing Activity Rs. 2,50,000.

c) Inflow of Rs. 7,50,000 as Financing Activity.

d) None of the above.

Answer: B

Question55: Angel Ltd., a stock broker, purchased 5,000 shares of Tata Housing Ltd. it is

a) Operating Activity.

b) Investing Activity.

c) Financing Activity.

d) General Activity.

Answer: B

Question56: According to AS-3 (Revised) purchase of fixed assets is

a) Investing
b) Operating
c) Financing
d) All of the options

Answer: Investing

Question57: AS-3 (revised ) deals with statement of changes in financial position on ________

a) Cash Basis
b) Non Cash Basis
c) On Accrual Basis
d) All of the options

Answer: Cash Basis

Question58: Increase in stock results in _____________ of cash

a) Outflow cash
b) Inflow cash
c) No change in cash
d) All of the options

Answer: Outflow cash

Question59: Increase in creditors results in _____________ of cash

a) Inflow cash
b) Outflow cash
c) No change in cash
d) All of the options

Answer: Inflow cash

Question60: Refund of income tax is a __________

a) Inflow cash
b) Outflow cash
c) No change in cash
d) All of the options

Answer: Inflow cash

Question61: Cash flow statement is based upon _________ basis of accounting

a) On Cash basis
b) On Accrual Basis
c) Non Cash Basis
d) All of the options

Answer: On Cash basis

Question62: Which is the classification of cash flow statement

a) All of the options
b) Cash Flow from Operating Activities
c) Cash Flow from Financing Activities
d) Cash Flow from Investing Activities

Answer: All of the options

Question63: Redemption of Preference shares comes under

a) Cash Flow from Financing Activities
b) Cash Flow from Operating Activities
c) Cash Flow from Investing Activities
d) All of the options

Answer: Cash Flow from Financing Activities

Question64: Cash flow statement is useful for

a) Short Term financial analysis
b) Long Term financial analysis
c) 10 Years
d) 5 Years

Answer: Short Term financial analysis

Question65: The word fund means the difference of _ and _

a) Current Assets and Current Liabilities
b) Sundry Creditors and Sundry Debtors
c) Profit and Loss
d) All of the options

Answer: Current Assets and Current Liabilities

Question66: Cash Receipts from sale of goods by a trading company come under which activity while preparing cash flow statement?

a) Operating Activity
b) Investing Activity
c) Operating and Financing Activities
d) Financing Activity

Answer: Operating Activity

Question67: Which of the following is not a source of finance

a) Fixed Assets
b) Debentures
c) Bank Overdraft
d) Bank Loan

Answer: Fixed Assets

Question68: Purchase of office equipment will affect

a) Investing Activities
b) Operating Activities
c) Financing Activities
d) Both Operating and Financing Activities

Answer: Investing Activities

Question69: Purchase of shares of other company will be considered as

a) Investing activities
b) Operating Activities
c) Financing Activities
d) All of the options

Answer: Investing activities

Question70: Decrease in value of Patents

a) Add (operating activities)
b) Less (operating activities)
c) Add (Investing activities)
d) Add (Financing activities)

Answer: Add (operating activities)

Question71: Purchase of plant and machinery will be

a) Deducted in investing activities
b) Deducted in Financing Activities
c) Added in Investing Activities
d) Added in Financing Activities

Answer: Deducted in investing activities

Question72: Loss on sale of furniture will be

a) Add (operating activities)
b) Less (Investing activities)
c) Less (operating activities)
d) Add (Investing activities)

Answer: Add (operating activities)

Question73: Cash deposit with the bank with a maturity date after two months belongs to which of the following

a) Cash and Cash Equivalents
b) Investing Activities
c) Financing Activities
d) Both Investing and Financing

Answer: Cash and Cash Equivalents

Question74: Payment of dividend will come under financing activities when it is paid by_____

a) All of these
b) Manufacturing Company
c) Trading Company
d) finance Company

Answer: All of these

Question75: Which items will be added in operating activities

a) All of the options
b) Decrease in stock
c) Increase in creditors
d) Increase in outstanding expenses

Answer: All of the options

Question76: What will be effect of Decrease in Trade receivables on cash Inflow

a) Add in operating activities
b) Less in financing activities
c) Add in financing activities
d) Less in operating activities

Answer: Add in operating activities

Question77: Which is shown as addition in financing activities

a) Increase in Bank Overdraft
b) Decrease in Bank Overdraft
c) Both Increase and Decrease in Bank Overdraft
d) Redemption of Debentures

Answer: Increase in Bank Overdraft

Question78: Interest on long term borrowings is an Expense relating to financial activities and shown as ______ of cash.

a) Outflow
b) Inflow
c) Income
d) All of the options

Answer: Outflow

Question79: Which is not considered with operating activities:

a) Issue of Equity shares
b) General Reserve
c) Income tax
d) Loss on sale of assets

Answer: Issue of Equity shares

Question80: Interest received will be considered as financing activity when________

a) Interest received on calls in arrear
b) Redemption of debentures takes place
c) Bank overdraft is settled
d) Interest received on investments

Answer: Interest received on calls in arrear

Question81: Dividend paid by a finance company comes under_______

a) Operating Activities
b) Investing Activities
c) Manufacturing Activity
d) Financing Activity

Answer: Operating Activities

Question82: Dividend Received is considered as operating activity when______

a) Received by a finance company
b) Received by a Trading Company.
c) Received by a manufacturing company
d) Received by any company

Answer: Received by a finance company

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CHAPTER 5: Accounting Ratios NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Accounting Ratios:

Question1: Accounting ratios are an important tool of

a) Financial statement analysis
b) Trial Balance
c) Financial statement analysis and Trial Balance
d) None of the options

Answer: Financial statement analysis

Question2: When the concept of ratio is defined in respected to the items shown in the financial statements, it is termed as

a) Accounting ratio
b) Financial ratio
c) Costing ratio
d) None of the options

Answer: Accounting ratio

Question3: Which ratio is considered as safe margin of solvency?

a) Current ratio
b) Liquid ratio
c) Current ratio
d) None of the options

Answer: Current ratio

Question4: Current ratio is stated as a crude ratio because

a) It measures only the quantity of current assets
b) It measures only the quality of current assets
c) It measures only the quantity of current assets and It measures only the quality of current assets
d) None of the options

Answer: It measures only the quantity of current assets

Question5: Liquid ratio is also known as

a) Quick ratio and Acid test ratio
b) Quick ratio
c) Acid test ratio
d) None of the options

Answer: Quick ratio and Acid test ratio

Question6: Debt-equity ratio is a sub-part of

a) Long-term solvency ratio
b) Debtors turnover ratio
c) Short-term solvency ratio
d) None of the options

Answer: Long-term solvency ratio

Question7: Liquid assets is determined by

a) Current assets-stock-Prepaid expenses
b) Current assets +stock+ prepaid expenses
c) Current assets +Prepaid expenses
d) None of the options

Answer: Current assets-stock-Prepaid expenses

Question8: Higher the ratio, the more favourable it is, doesn t stands true for

a) Operating ratio
b) Liquidity ratio
c) Net profit ratio
d) Stock turnover ratio

Answer: Operating ratio

Question9: The most precise test of liquidity is

a) Absolute Liquid ratio
b) Quick ratio
c) Current ratio
d) None of the options

Answer: Absolute Liquid ratio

Question10: Collection of debtors

a) Decreases current ratio
b) Increases current ratio
c) Has no effect on current ratio
d) None of the options

Answer: Decreases current ratio

Question11: In ABC analysis A class consist of items having

a) Accurate records
b) Good records
c) Minimal records
d) No records

Answer: Accurate records

Question12: In the Balance sheet of a firm, the debt equity ratio is 2:1.The amount of long term sources is Rs.12 lac. What is the amount of tangible net worth of the firm?

a) Rs.8 lakh
b) Rs.6 lakh
c) Rs.4 lakh
d) None of the options

Answer: Rs.8 lakh

Question13: Accounting Ratios are mathematical expression of the relationship between

a) Two Accounting Figures
b) Two Shareholders
c) Two Debtors
d) None of the options

Answer: Two Accounting Figures

Question14: Ratio Analysis is a tool to measure the

a) Financial Status
b) Profit status
c) Loss Status
d) None of the options

Answer: Financial Status

Question15: When ratios are calculated on the basis of accounting information, they are called

a) Accounting ratios
b) Working Capital Ratio
c) Profit ratio
d) None of the options

Answer: Accounting ratios

Question16: Objectives of Ratio Analysis

a) All of the options
b) To know the areas of an enterprise which need more attention
c) To know about the potential areas which can be improved on
d) Helpful in comparative analysis of the performance

Answer: All of the options

Question17: Ratio Analysis helpful in

a) Comparative analysis of the performance and Budgeting and forecasting
b) Comparative analysis of the performance
c) Budgeting and forecasting
d) None of the options

Answer: Comparative analysis of the performance and Budgeting and forecasting

Question18: Ratio Analysis provide analysis of the

a) Liquidity
b) Solvency
c) Profitability
d) None of the options

Answer: Liquidity

Question19: Ratio Analysis provide information useful for

a) Preparing the plans for future
b) Share holders
c) Debentures holder
d) None of the options

Answer: Preparing the plans for future

Question20: Advantages of Ratio Analysis

a) All of the options
b) It is useful in analysis of key financial figures
c) It is useful in analysis of financial statements
d) Better understand financial numbers

Answer: All of the options

Question21: Current ratio is stated as a crude ratio because

a) It measures only the quantity of current assets
b) It measures only the quality of current assets
c) It measures only the quantity of current assets and It measures only the quality of current assets
d) None of the options

Answer: It measures only the quantity of current assets

Question22: Limitations of Ratio Analysis

a) All of the options
b) Accounting ratios ignore qualitative factors
c) Absence of universally accepted terminology
d) Ratios are affected by window-dressing

Answer: All of the options

Question23: Ratio Analysis Price level changes

a) Ignored
b) Noticed
c) Ignored and Noticed
d) None of the options

Answer: Ignored

Question24: Ratio Analysis ignored

a) Qualitative factors
b) Quantity Factors
c) Qualitative factors and Quantity Factors
d) None of the options

Answer: Qualitative factors

Question25: Ratio Analysis affected by

a) All of the options
b) Window-dressing
c) Personal bias
d) Ability of the analyst

Answer: All of the options

Question26: An accounting ratio is a

a) Mathematical expression
b) Logical expression
c) Mathematical expression and Logical expression
d) None of the options

Answer: Mathematical expression

Question27: Accounting ratios classified as under

a) All of the options
b) Liquidity Ratios
c) Current ratio
d) Solvency Ratios

Answer: All of the options

Question28: Current ratio is also known as

a) Working capital ratio
b) Profit Sharing Ratio
c) Working capital ratio and Profit Sharing Ratio
d) None of the options

Answer: Working capital ratio

Question29: Which Ratio establishes relationship between current assets and current liabilities

a) Current ratio
b) Liquidity Ratios
c) Solvency Ratios
d) None of the options

Answer: Current ratio

Question30: Current Ratio is

a) Current Assets/Current Liabilities
b) Current Assets-Current Liabilities
c) Current Assets x Current Liabilities
d) None of the options

Answer: Current Assets/Current Liabilities

Question31: Which Items Included in Current Assets for get the current ratio

a) All of the options
b) Current investments
c) Current Stock
d) Trade receivables (bills receivable and sundry debtors less provision for doubtful debts)

Answer: All of the options

Question32: Which Items Included in Current Assets for get the current ratio

a) All of the options
b) Short-term borrowings
c) Cash balance
d) Short-term provisions

Answer: All of the options

Question33: Liquid ratio is also known as

a) Quick Ratio and Test Ratio
b) Quick Ratio
c) Test Ratio
d) None of the options

Answer: Quick Ratio and Test Ratio

Question34: Liquid Ratio is

a) Liquid Assets or Quick Assets/Current Liabilities
b) Liquid Assets or Quick Assets+Current Liabilities
c) Liquid Assets or Quick Assets-Current Liabilities
d) None of the options

Answer: Liquid Assets or Quick Assets/Current Liabilities

Question35: Items Included in Liquid/Quick Assets

a) All of the options
b) Items Included in Liquid/Quick Assets
c) Trade receivables
d) Cash and cash equivalents

Answer: All of the options

Question36: Items excluded in liquid assets are

a) Inventories and prepaid expenses
b) Inventories
c) Prepaid expenses
d) None of the options

Answer: inventories and prepaid expenses

Question37: Which ratios judge the long-term financial position of an enterprise

a) Solvency Ratios
b) Quick Ratio
c) Test Ratio
d) None of the options

Answer: Solvency Ratios

Question38: Establishes the relationship between long-term debt (external equities) and the equity (internal equities)

a) Debt to Equity ratio
b) Quick Ratio
c) Test Ratio
d) None of the options

Answer: Debt to Equity ratio

Question39: Debt to Equity ratio establishes the relationship between

a) long-term debt (external equities) and the equity (internal equities)
b) long-term debt (external equities) and the current Assets(internal equities)
c) long-term debt (external equities) and the equity (internal equities) and long-term debt (external equities) and the current Assets(internal equities)
d) None of the options

Answer: long-term debt (external equities) and the equity (internal equities)

Question40: Debt to Equity Ratio is

a) Debt (Long-term external equities)+Equity (Shareholders funds)
b) Debt (Long-term external equities)-Equity (Shareholders funds)
c) Debt (Long-term external equities)+Equity (Shareholders funds) and Debt (Long-term external equities)-Equity (Shareholders funds)
d) None of the options

Answer: Debt (Long-term external equities)+Equity (Shareholders funds)

Question41: Cash Balance Rs.5,000; Trade Payables Rs.40,000; Inventory Rs.50,000; Trade Receivables Rs.65,000 and Prepaid Expenses are Rs. 10,000. Liquid Ratio will be

a) 1.75 : 1

b) 2 : 1

c) 3.25 : 1

d) 3 : 1

Answer: A

Question42: Current Assets Rs.4,00,000; Current Liabilities Rs.2,00,000 and Inventory is Rs.50,000. Liquid Ratio will be :

a) 2 : 1

b) 2.25 : 1

c) 4 : 7

d) 1.75 : 1

Answer: D

Question43: Which of the following transactions will improve the Current Ratio :

a) Cash Collected from Trade Receivables

b) Purchase of goods for cash

c) Payment to Trade Payables

d) Credit purchase of Goods

Answer: C

Question44: Current Assets Rs.85,000; Inventory Rs.22,000; Prepaid Expenses Rs.3,000. Then liquid assets will be :

a) Rs.63,000

b) 60,000

c) X 82,000

d) X 1,10,000

Answer: B

Question45: A Company’s Quick Ratio is 1.5 : 1; Current Liabilities are Rs.2,00,000 and Inventory is X 1,80,000. Current Ratio will be :

a) 0.9:1

b) 1.9:1

c) 1.4:1

d) 2.4:1

Answer: D

Question46: A Company’s Quick Ratio is 1.8 : 1; Liquid Assets are Rs.5,40,000 and Inventory is Rs. 1,50,000. Its Current Ratio will be :

a) 2 : 1

b) 2.3 : 1

c) 1.8:1

d) 1.3:1

Answer: B

Question47: What will be the amount of Gross Profit, if revenue from operations are Rs.6,00,000 and Gross Profit Ratio 20% of revenue from operations?

a) Rs. 1,50,000

b) Rs. 1,00,000

c) Rs. 1,20,000

d) Rs. 5,00,000

Answer: C

Question48: Revenue from operations is Rs. 1,80,000; Rate of Gross Profit is 25% on cost. What will be the Gross Profit?

a) Rs.45,000

b) Rs.36,000

c) Rs.40,000

d) Rs.60,000

Answer: B

Question49: Operating ratio is :

a) Cost of revenue from operations + Selling Expenses/Net revenue from operations

b) Cost of production + Operating Expenses/Net revenue from operations

c) Cost of revenue from operations + Operating Expenses/Net Revenue from Operations

d) Cost of Production/Net revenue from operations.

Answer: C

Question50: Two basic measures of liquidity are :

a) Inventory turnover and Current ratio

b) Current ratio and Quick ratio

c) Gross Profit ratio and Operating ratio

d) Current ratio and Average Collection period

Answer: B

Question51: Current Ratio is :

a) Solvency Ratio

b) Liquidity Ratio

c) Activity Ratio

d) Profitability Ratio

Answer: B

Question52: Current Ratio is :

a) Liquid Assets/Current Assets

b) Fixed Assets/Current Assets

c) Current Assets/Current Liabilities

d) Liquid Assets/Current Liabilities

Answer: C

Question53: Debt Equity Ratio is :

a) Liquidity Ratio

b) Solvency Ratio

c) Activity Ratio

d) Operating Ratio

Answer: B

Question54: Debt Equity Ratio is :

a) Long Term Debts/Shareholder’s Funds

b) Short Term Debts/Equity Capital

c) Total Assets/Long term Debts

d) Shareholder’s Funds/Total Assets

Answer: A

Question55: Proprietary Ratio is :

a) Long term Debts/Shareholder’s Funds

b) Total Assets/Shareholder’s Funds

c) Shareholder’s Funds/Total Assets

d) Shareholder’s Funds/Fixed Assets

Answer: C

Question56: lf Current Ratio ofa firm is 2.5 :1 and its Current Liabilities are ,00,000. Its Working Capital will be

a) 3,00,000.

b) 3,75,000.

c) 11,00,000.

d) 7,00,000.

Answer: A

Question57: Non-current Assets of a firm are 26,00,000, Current Assets are 9,00,000 and Shareholders’ Funds are 21,50, 000.TotaI debts of the firm will be

a) 43,50,000.

b) 13,50,000.

c) 21,50,000.

d) 38,50,000.

Answer: B

Question58: Sincere Ltd. has a Proprietary Ratio of 25%. To maintain this ratio at 30%, management may ~

a) increase Equity.

b) Reduce Debt.

c) Either Increase Equity or Reduce Debt.

d) lncrease Current Assets.

Answer: C

Question59: From the following, which ratio is not a part of Profitability Ratio:

a) Proprietary Ratio

b) Gross Profit Ratio

c) Operating Ratio

d) Net Profit Ratio

Answer: A

Question60: From the following information, calculate Proprietary Ratio: Share Capital 5,00,000, Non- current Assets 22,00,000, Reserves and Surplus 3,00,000, Current Assets 10,00,000.

a) 100%

b) 70%

c) 40%

d) 25%

Answer: D

Question61: The two basic measures of operational efficiency of a company are

a) Inventory Turnover Ratio and Working Capital Turnover Ratio

b) Liquid Ratio and Operating Ratio.

c) Liquid Ratio and Current Ratio.

d) Gross Profit Margin and Net Profit Margin.

Answer: A

Question62: A Company’s Current Ratio is 3 : 1 and Liquid Ratio is 1.2 : 1. If its Current Liabilities are Rs.2,00,000, what will be the value of Inventory?

a) Rs.2,40,000

b) Rs.3,60,000

c) Rs.4,00,000

d) Rs.40,000

Answer: B

Question63: A Company’s Current Ratio is 2.5 : 1 and Liquid Ratio is 1.6 : 1. If its Current Assets are Rs.7,50,000, what will be the value of Inventory?

a) Rs.4,50,000

b) Rs.4,80,000

c) Rs.2,70,000

d) Rs. 1,80,000

Answer: C

Question64: Current Ratio of a Company is 2.5 : 1. If its working capital is Rs. 60,000, its current liabilities will be :

a) Rs.40,000

b) Rs.60,000

c) Rs. 1,00,000

d) Rs.24,000

Answer: A

Question65: Quick Assets do not include

a) Cash in hand

b) Prepaid Expenses

c) Marketable Securities

d) Trade Receivables

Answer: B

Question66: Current Assets do not include :

a) Prepaid Expenses

b) Inventory

c) Goodwill

d) Bills Receivable

Answer: C

Question67: Quick Ratio is also known as :

a) Liquid Ratio

b) Current Ratio

c) Working Capital Ratio

d) None of the Above

Answer: A

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CHAPTER 4: Analysis of Financial Statements NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Analysis of Financial Statements:

Question1: Financial Statement Analysis Objectives/Need is

a) All of the options
b) Measure the profitability of the business
c) Measure the financial strength of the business
d) Make comparative study within the firm and with other forms

Answer: All of the options

Question2: Significance or Importance of Financial Analysis is

a) All of the options
b) To know the profitability Condition
c) To know the liquidity Condition
d) To know the solvency Condition

Answer: All of the options

Question3: To whom Importance of Financial Analysis is

a) All of the options
b) For Management
c) For Investors
d) For Creditors

Answer: All of the options

Question4: Which is Types of financial Analysis

a) Horizontal Analysis and Vertical Analysis
b) Horizontal Analysis
c) Vertical Analysis
d) None of the options

Answer: Horizontal Analysis and Vertical Analysis

Question5: Horizontal Analysis is also known as

a) Dynamic Analyses
b) Vertical Analysis
c) Dynamic Analyses and Vertical Analysis
d) None of the options

Answer: Dynamic Analyses

Question6: In which analysis Financial Statement for a single year analysed

a) Vertical Analysis
b) Dynamic Analyses
c) Vertical Analysis and Dynamic Analyses
d) None of the options

Answer: Vertical Analysis

Question7: Tool of Financial Analysis is

a) Comparative Statement and Common Size Statement
b) Comparative Statement
c) Common Size Statement
d) None of the options

Answer: Comparative Statement and Common Size Statement

Question8: Comparative Statement is a form of

a) Horizontal Analysis
b) Vertical Analysis
c) Horizontal Analysis and Vertical Analysis
d) None of the options

Answer: Horizontal Analysis

Question9: Study of relationship between various items is known as

a) Accounting Ratios
b) Vertical Analysis
c) Horizontal Analysis
d) None of the options

Answer: Accounting Ratios

Question10: Operating Expenses is include

a) All of the options
b) Office and Administrative expenses
c) Selling and Distribution expenses
d) Provision for doubtful debts

Answer: All of the options

Question11: Non operating Expenses are

a) All of the options
b) Interest on long term debts
c) Loss on sale of fixed assets
d) Intangible assets written off such as goodwill, patents etc

Answer: All of the options

Question12: Importance of Comparative Statement is

a) All of the options
b) Make the data simple and more understandable
c) Indicate the trend with respect to the previous year
d) compare the firm performance with the performance of other firm in the same business

Answer: All of the options

Question13: Net Reserve and Surplus means total of all reserves less

a) Miscellaneous Expenditure
b) Office Expense
c) Direct expenses
d) All of the options

Answer: Miscellaneous Expenditure

Question14: Which of the following items appear in the Statement of Profit and Loss

a) Sales
b) Creditors
c) Goodwill
d) Trade payables

Answer: Sales

Question15: When analysis is made on the basis of Published statements, reports and information it is known as

a) External analysis
b) Horizontal analysis
c) Vertical Analysis
d) None of the options

Answer: External analysis

Question16: Who is interested in the analysis of financial statement?

a) All of the options
b) Creditors
c) Government
d) Investors

Answer: All of the options

Question17: The Real object of Analysis of Financial Statement is

a) To measure the financial strength of the business
b) To assess the total expenses of the firm
c) To know about historical cost concept
d) To assess the total liabilities of the firm

Answer: To measure the financial strength of the business

Question18: Limitations of financial analysis except

a) All of the options
b) Dont reflect changes in price level
c) Affected by the personal ability and bias of the Analyst
d) Single years Analysis of financial statement have limited use

Answer: All of the options

Question19: Shareholders are interested in the analysis of financial statement because

a) They want to judge the present and future earning capacity of the business
b) For the assessment of tax
c) For Research
d) All of the options

Answer: They want to judge the present and future earning capacity of the business

Question20: Horizontal Analysis is

a) Time Series Analysis
b) Cross Section Analysis
c) Profitability Analysis
d) All of the options

Answer: Time Series Analysis

Question21: The point where total of sales is exactly equal to the total of cost.

a) Break-even Point
b) Profit Point
c) Loss Point
d) All of the options

Answer: Break-even Point

Question22: Non-operating Incomes refers to

a) Which are not from the main revenue producing activities
b) Which are earned in the form of sales
c) the indirect expenses relating to the principal revenue generating activities of the enterprise
d) The expenses and losses which are not related to the operating activities

Answer: Which are not from the main revenue producing activities

Question23: Which is not a limitation of financial statement?

a) Assess the financial position and profitability
b) Qualitative aspect is ignored
c) Ignores price level changes
d) All of the options

Answer: Assess the financial position and profitability

Question24: Rent received, Profit on sale of fixed assets, Compensation for acquisition of land are example of

a) Non-operating Incomes
b) Operating Incomes
c) Operating expenses
d) None of the options

Answer: Non-operating Incomes

Question25: Statement of Profit and Loss is prepared to assess the

a) Net Profit and Net Loss
b) Net Profit
c) Net Loss
d) None of the options

Answer: Net Profit and Net Loss

Question26: If the different financial data is analysed and compared over a period of time it is called

a) Intra firm analysis
b) Inter firm analysis
c) Trade analysis
d) None of the options

Answer: Intra firm analysis

Question27: Comparison of two or more departments or divisions of the same business unit with the objective of meaningful analysis

a) Intra-firm comparison
b) Inter firm analysis
c) Intra-firm comparison and Inter firm analysis
d) None of the options

Answer: Intra-firm comparison

Question28: Internal analysis is done

a) By Management
b) By Shareholders
c) By debenture holder
d) None of the options

Answer: By Management

Question29: Financial year always begins on

a) 1st April-31st March
b) 1st January-31st December
c) 1st August -31st July
d) None of the options

Answer: 1st April-31st March

Question30: Comparative Financial Statement is an example of

a) Horizontal analysis
b) Vertical Analysis
c) External analysis
d) None of the options

Answer: Horizontal analysis

Question31: Shareholders fund is divided into

a) All of the options
b) Share Capital
c) Reserves and Surplus
d) Money received against share warrant

Answer: All of the options

Question32: A technique uses in comparative analysis of financial statement is

a) Common size analysis
b) Graphical analysis
c) Preference analysis
d) Returning analysis

Answer: Common size analysis

Question33: Formula such as net income available for common stockholders divided by total assets is used to calculate

a) Return on total assets
b) Return on total equity
c) Return on debt
d) Return on sales

Answer: Return on total assets

Question34: A techniques uses to identify financial statements trends are included

a) Common size analysis and Percent change analysis
b) Common size analysis
c) Percent change analysis
d) None of the options

Answer: Common size analysis and Percent change analysis

Question35: Price per ratio is divided by cash flow per share ratio which is used for calculating

a) Price to cash flow ratio
b) Dividend to stock ratio
c) Sales to growth ratio
d) Cash flow to price ratio

Answer: Price to cash flow ratio

Question36: A formula such as net income available to common stockholders divided by common equity is used to calculate

a) Return on common equity
b) Return on interest
c) Return on earning power
d) None of the options

Answer: Return on common equity

Question37: Companies that help to set benchmarks are classified as

a) Benchmark companies
b) Analytical companies
c) Return companies
d) None of the options

Answer: Benchmark companies

Question38: Total assets divided common equity is a formula uses for calculating

a) Equity multiplier
b) Graphical multiplier
c) Turnover multiplier
d) None of the options

Answer: Equity multiplier

Question39: Profit margin multiply assets turnover multiply equity multiplier is used to calculate

a) Return on equity
b) Return on turnover
c) Return on stock
d) None of the options

Answer: Return on equity

Question40: Company low earning power and high interest cost cause financial changes which have

a) High return on assets
b) Low return on assets
c) Low return on equity
d) None of the options

Answer: High return on assets

Question41: Financial analysis becomes significant because it:

a) Ignores price level changes

b) Measures the efficiency of business

c) Lacks qualitative analysis

d) Is effected by personal bias

Answer: B

Question42: When bad position of the business is tried to be depicted as good, it is known as …………….

a) Personal Bias

b) Price Level Changes

c) Window Dressing

d) All of the Above

Answer: C

Question43: For whom the analysis of financial statements is not significant?

a) Investor

b) Government

c) Ambassador of India

d) Company’s Employee

Answer: C

Question44: While preparing Common-size Balance Sheet, each item of Balance Sheet is expressed as % of

a) Non-current Assets.

b) Current Assets,

c) Non-current Liabilities.

d) Total Assets.

Answer: D

Question45: Which analysis is considered as dynamic?

a) Horizontal Analysis

b) Vertical Analysis

c) Internal Analysis

d) External Analysis

Answer: A

Question46: Which analysis is considered as static?

a) Horizontal Analysis

b) Vertical Analysis

c) Internal Analysis

d) External Analysis

Answer: B

Question47: Comparative Statement of Profit & Loss provides information about:

a) Rate of increase or decrease in revenue from operations

b) Rate of increase or decrease in cost of revenue from operations

c) Rate of increase or decrease in net profit

d) All of the above

Answer: D

Question48: Which analysis depicts the relationship between two figures :

a) Ratio Analysis

b) Trend Analysis

c) Cumulative figures and averages

d) Dividend Analysis

Answer: A

Question49: In which analysis total cost are equal to total revenue from Operations :

a) Trend Analysis

b) Ratio Analysis

c) Break-Even Point Analysis

d) Fund Flow Statement Analysis

Answer: C

Question50: If net revenue from operations of a firm are Rs. 1,20,000; cost of revenue from operations is Rs.66,000 and operating expenses are Rs.21,600, what will be the percentage of operating income on net revenue from operations?

a) 55%

b) 45%

c) 73%

d) 27%

Answer: D

Question51: If net revenue from operations of a firm are Rs. 15,00,000; Gross Profit is Rs.9,00,000 and operating expenses are Rs.75,000, what will be percentage of operating income on net revenue from operations?

a) 45%

b) 55%

c) 35%

d) 65%

Answer: B

Question52: Main objective of Trend Analysis is

a) To make comparative study of the financial statements for a number of years

b) To indicate the direction of movement

c) To help in forecasts of various items

d) All of the Above

Answer: D

Question53: While preparing Common-size Balance Sheet, each item of Balance Sheet is expressed as % of

a) Current Assets

b) Non-current Assets

c) Non-current Liabilities

d) Total Assets

Answer: D

Question54: Under which tool of financial analysis, 100% is taken as base and all other related amounts are expressed as a percentage of base?

a) Comparative Statement

b) Common-size Statement

c) Ratio Analysis

d) Cash Flow Statement

Answer: B

Question55: The most commonly used tools for financial analysis are :

a) Comparative Statements

b) Common Size Statements

c) Accounting Ratios

d) All of the above

Answer: D

Question56: This item is not used as a tool for Analysis of Financial Statements :

a) Cash Flow Statement

b) Fund Flow Statement

c) Ratio Analysis

d) No. of Employees Statement

Answer: D

Question57: Which one of the following items is not a tool used for financial analysis?

a) Comparative Statements

b) Ratio Analysis

c) Common Size Statements

d) Statement of Dividend Distribution

Answer: D

Question58: Amount left after deducting gross profit from Revenue from Operations is generally :

a) Cost of Revenue from Operations

b) Material consumed

c) Opening Inventory + Purchases – Closing Inventory

d) All of the above

Answer: D

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CHAPTER-2 जंगल और जनकपुर Important Questions & MCQs | CLASS 6th | HINDI BAL RAM KATHA| NCERT| EDUGROWN

NCERT Important Questions & MCQs for Class 6 Hindi बाल रामकथा

Bal Ram Katha is a book containing various chapters of stories about Ram and his family and all of the stories that children grow up hearing. About Ram, we know about the Ramayana, but the Bal Ram Katha propagates a lot more stories about the god so that students get a fair idea of Hindu culture and its history and significance. In a country like India, where culture takes centre-stage in every aspect of life, it is important to know these stories.

CHAPTER-2 जंगल और जनकपुर

MCQ Questions

Important Questions for Class 6 Hindi पाठ १: जंगल और जनकपुर

लघु उत्तरीय प्रश्न (1 अंक)

1. राजमहल से निकलने के बाद महर्षि विश्वामित्र किस ओर बढ़े?

उत्तर: राजमहल से निकलने के बाद महर्षि विश्वामित्र दोनों राजकुमारों के साथ सरयू नदी की ओर बढ़े I

2. महर्षि विश्वामित्र ने दोनों भाईयों को कौन सी विद्या सिखाई?

उत्तर: महर्षि विश्वामित्र ने दोनों भाईयों को बला अतिबला नामक विद्या सिखाई I

3. महर्षि विश्वामित्र और दोनों भाई रात को कैसे बिस्तर पर सोए?

उत्तर: महर्षि विश्वामित्र और दोनों भाई रात को तिनको और पत्तों का बिस्तर बनाया और उस पर सोए I

4. महर्षि विश्वामित्र और दोनों भाई चलते-चलते किस जगह पहुँचे?

उत्तर: महर्षि विश्वामित्र और दोनों भाई ने चलते-चलते ऐसी जगह पर पहुँचे जहाँ दो नदियाँ आपस में मिलती थी I

5. राम ने ताड़का को क्रोधित करने के लिए क्या किया?

उत्तर: राम ने ताड़का को क्रोधित करने के लिए बाण पर प्रत्यंचा चढ़ाई और एक बाण ताड़का की ओर छोड़ा I

लघु उत्तरीय (2 अंक)

6. महर्षि विश्वामित्र के साथ चलते-चलते दोनों भाई किन बातों को ध्यानपूर्वक सुन रहे थे?

उत्तर: महर्षि विश्वामित्र रास्ते में पड़ने वाले आश्रम, उनमे रहने वाले लोग, पेड़ों और वनस्पतियों के संबंध में और स्थानीय इतिहास के बारे में बता रहे थे ।साथ ही उन्होंने राक्षसी ताड़का का भी पररचय नदया ।

7. नदी के पार जंगल कैसा था?

उत्तर: नदी के पार जंगल घना था । यहाँ तक की धूप की किरणें धरती तक नहीं पहुँच पा रही थी I वह जंगल बहुत डरावना भी था । हर ओर से झींगुरों की आवाज़, जानवरों की दहाड़, और डरावनी ध्वनियाँ सुनाई पड़ती थी।

8. महर्षि ने जंगल में असली खतरा किस को बताया?

उत्तर: महर्षि विश्वामित्र ने दोनों राजकुमारों से कहा कि ये वनस्पति ओर जानवर इस जंगल की शोभा है , इनसे डरने की कोई आवश्यकता नहीं है I यहाँ असली खतरा तथा भय ताड़का नामक राक्षसी से है जो इसी जंगल में है I

9. ताड़का का अंत होने के बाद विश्वामित्र ने प्रसन्न हो कर क्या किया?

उत्तर: ताड़का का अंत होने के बाद विश्वामित्र ने प्रसन्न हो कर दोनों को गले लगाया तथा सौ अस्त्र दिए और उनके उपयोग भी बताए I

10. ताड़का के बारे में लिखिए?

उत्तर: ताड़का एक विशाल देह वाली राक्षसी थी I ताड़का के भय से कोई सुंदर वन में नहीं जाता था क्योंकि जो भी आता ताड़का उसका वध कर देती थी ।ताड़का के भय के कारण सुंदर वन का नाम ताड़का वन पड़ गया था ।

लघु उत्तरीय प्रश्न (3 अंक)

11. राम ने ताड़का का अंत कैसे किया?

उत्तर: राम ने महर्षि विश्वामित्र की आज्ञा से धनुष पर प्रत्यंचा चढ़ाई और उसे एक बाण खींचकर छोड़ा । क्रोध से बिलबिलाई ताड़का राम की ओर दौड़ी और पत्थर बरसाने शुरू कर दिए । राजकुमार राम ने उस पर बाण बरसाए । लक्ष्मण ने भी निशाना लगाया और ताड़का चारो तरफ़बाणों से घिर गई । राम का एक बाण उसके हृदय में लगा । वह मूर्छित हो गई और फिर और उसकी मृत्यु हो गई ।

12. ताड़का का वध करने बाद राम-लक्ष्मण ने क्या फैसला किया और उन्होंने अगली सुबह वन में क्या बदलाव देखें?

उत्तर: ताड़का का वध करने बाद राम-लक्ष्मण और महर्षि ने जंगल में ही रात बिताने का फैसला किया और अगली सुबह ताड़क वध उपरांत ताड़का वन कब भयमुक्त हो गया Iताड़का के मरने के बाद ताड़का वन में परिवर्तन था । अब वह ताड़का वन नहीं था I भयानक आवाज़ें बंद हो चुकी थी । पत्तों की सरसराहट का संगीत था । चिड़ियों की चहचहाहट थी । शांति थी । तस्वीर बदल गई थी I

13. यज्ञ में पहुँच कर राम और लक्ष्मण ने क्या फैसला किया?

उत्तर: यज्ञ में पहुँच कर राम और लक्ष्मण ने पूरी रात जगने का फैसला किया I वह हमेशा हर स्तिथि के लिए तैयार थे I उनकी पीठ में तुरीण और हाथ में धनुष और तलवार लेकर हमले से सामना करने के लिए तैयार रहते थे I

14. अनुष्ठान सम्पन्न होने के बाद महर्षि ने राम से क्या कहाँ और क्यों चलने को कहा?

उत्तर: अनुष्ठान सम्पन्न होने के बाद महर्षि ने राम को गले लगा लिया राम ने महर्षि से कहा कि अब क्या आज्ञा है मुनिवर? इस पर महर्षि ने कहा की हमे मिथला जाना है और आप दोनों को भी साथ चलना होगा I तथा महाराजा जनक के यहाँ उनके आयोजन में हिस्सा लेना होगा I वहाँ एक अद्भुत शिव धनुष है वह तुम भी देखना I

15. राम और लक्ष्मण मिथिला कैसे पहुंचे?

उत्तर – यज्ञ का अनुष्ठान अंत होने के बाद जब महर्षि ने वहाँ के आयोजन में हिस्सा लेने के लिए राम और लक्ष्मण दोनों को मिथिला जाने के लिए कहा तो दोनों भाई नई जगह देखने के लिए और आगे की यात्रा के लिए उत्साह से भर गए ।उन्होंने सोन नदी को पार किया और मिथिला की सीमा में पहुँच गए और एक आश्रम से गुज़रे जो गौतम ऋषि का था I अंत में मिथिला नगरी में पहुँच गए ।

दीर्घ उत्तरीय प्रश्न (5 अंक)

16. यज्ञ में अनुष्ठान के अंतिम दिन क्या हुआ?

उत्तर: अनुष्ठान पाँच दिनों तक ठीक ठाक चलता रहा । परन्तु यज्ञ में अनुष्ठान के अंतिम दिन में सुबाहु और मारीच ने क्रोध में राक्षसों के दल बल के साथ आश्रम पर धावा बोल दिया । मारीच यज्ञ के साथ-साथ इस बात से भी क्रोधित था कि राम- लक्ष्मण ने उसकी माँ का वध किया था । भयानक आवाजों से आसमान घिर गया Iराम का बाण लगते ही मारीच मूर्च्छित हो गया । बाण के वेग से समुद्र के किनारे जाकर गिरा और होश आने पर वह उठ कर दक्षिण दिशा की ओर भाग गया । राम का दूसरा बाण सुबाहु को लगा और उसने वहीँ प्राण त्याग दिए ।

17. राजा जनक कौन थे? राजकुमारों को देखकर उन्हें कैसा लगा?

उत्तर: राजा जनक मिथिला के राजा थे ।जब उन्हें सूचना मिली कि महर्षि विश्वामित्र का आगमन हुआ हैं तो उनके स्वागत के लिए वह राज महल के बाहर आए तभी उनकी दृष्टि राजकुमारों पर पड़ी जनक राजकुमारों को देखकर आश्चर्यचकित रह गए । वे स्वयं को रोक नहीं पाए और महर्षि से पूछे – “हे मुनिवर यह सुंदर राजकुमार कौन है “? मैं इनके आकर्षण से खींचता चला जा रहा हूँ । उनके प्रश्नों के जवाब देते हुए महर्षि ने कहा “राजन यह राम और लक्ष्मण है दोनों महाराजा दशरथ के पुत्र ” है ।

18. शिव धनुष की विशेषता के बारे में बताइए?

उत्तर: शिव धनुष बहुत विशाल था । वह लोहे की पेटी में रखा हुआ था जिसमें आठ पहिए लगे हुए थे । शिव धनुष को उठाना लगभग असंभव था । पहियों के सहारे उसे खिसकाकर एक से दूसरी जगह ले जाया जाता था । परन्तु सीता उसे आराम से उठा कर रख सकती थी इस कारण राजा जनक ने सीता के विवाह के संबंध में प्रतिज्ञा की थी कि उसी के साथ सीता का विवाह होगा जो शिव धनुष उठाकर उस पर प्रत्यंचा चढ़ा देगा ।

19. महाराजा जनक के चिंता का कारण स्पष्ट कीजिए?

उत्तर: राजा जनक ने सीता के विवाह के संबंध में प्रतिज्ञा की थी कि उसी के साथ सीता का विवाह होगा जो शिव धनुष उठाकर उस पर प्रत्यंचा चढ़ा देगा । परंतु अभी तक अनेक राजकुमारों ने प्रयास किया और उन्हें लज्जित होना पड़ा क्योंकि उठाना तो दूर वे इसे हिला तक नहीं सके । तो प्रत्यंचा कैसे चढाते I वह उदास हो गए कि उनकी प्रतिज्ञा के कारण उनकी पुत्री अविवाहित न रह जाए I

20. राम और सीता के विवाह का सुंदर वर्णन कीजिए?

उत्तर: हर मार्ग पर तोरणद्वार और घर-घर के प्रवेश द्वार पर वंदनवार लगाए गए। हर जगह फूलों की चादर बिछाई गई थी । एक –एक कोना सुवासित हो रहा था I एक-एक घर में मंगलगीत का गान हो रहा था । पूरी जनकपुरी जगमगा रही थी । बारात को मिथिला पहुंचने में पाँच दिन लगे । विवाह के ठीक पहले विदेहराज ने महाराज दशरथ से कहा “राजन! राम ने मेरी प्रतिज्ञा पूरी कर बड़ी बेटी सीता को अपना लिया । मेरी इच्छा है कि छोटी बेटी उर्मिला का विवाह लक्ष्मण से हो जाए । मेरे छोटे भाई कुशध्वज की दो पुत्रियाँ हैं – मांडवी और श्रुतकीर्ति । कृप्या उन्हें भरत और शत्रुघ्न के लिए स्वीकार करें ।” राजा दशरथ ने यह प्रस्ताव तत्काल मान लिया I

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HAPTER 3: Financial Statements of a Company NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Financial Statements of a Company:

Question1: ___________ is conducted by bankers and government

a) External Analysis
b) Internal Analysis
c) External Analysis and Internal Analysis
d) None of the options

Answer: External Analysis

Question2: Bank overdraft is shown in the balance sheet under the

a) Short Term Borrowings
b) Non-current liabilities
c) Non Current assets
d) None of the options

Answer: Short Term Borrowings

Question3: An example of fixed asset is

a) Live stock
b) Value stock
c) Income stock
d) None of the options

Answer: Live stock

Question4: The assets held by a business which can be converted in the form of cash, without disturbing the normal operations of a business

a) Current assets
b) Tangible assets
c) Intangible assets
d) Fixed assets

Answer: Current assets

Question5: The return which the company pays on borrowed funds is termed as

a) All of the options
b) Interest
c) Dividend
d) Bonus

Answer: All of the options

Question6: The following is(are) the type(s) of capital budgeting decision(s)

a) All of the options
b) Diversification
c) Replacements
d) Expansion

Answer: All of the options

Question7: The following is(are) the external source(s) of cash

a) All of the options
b) Long terms loans
c) Issue of new shares
d) Short term borrowings

Answer: All of the options

Question8: The total cost that arises when the quantity produced is increased by one unit is called

a) Marginal cost
b) Average cost
c) Fixed cost
d) None of the options

Answer: Marginal cost

Question9: Current assets are also referred to as

a) Working capital
b) Investments
c) Inventory
d) None of the options

Answer: Working capital

Question10: Carriage Inward is normally debited to ____

a) Manufacturing Account
b) Profit and Loss account
c) Capital Account
d) None of the options

Answer: Manufacturing Account

Question11: Reliability of financial analysis depends upon the

a) Reliability of financial data
b) Reliability of Customer
c) Reliability of financial data and Reliability of Customer
d) None of the options

Answer: Reliability of financial data

Question12: Objectives of analysis and interpretation of financial statements are

a) All of the options
b) Progress
c) Position
d) Prospects

Answer: All of the options

Question13: Sub- headings are Non Current Liabilities are

a) All of the options
b) Long Term borrowing
c) Deferred Tax Liabilities
d) Long Term Provisions

Answer: All of the options

Question14: Main headings of assets are

a) Current Assets and Non Current assets
b) Current Assets
c) Non Current assets
d) None of the options

Answer: Current Assets and Non Current assets

Question15: Main headings of the liability side of a company balance sheet

a) All of the options
b) Shareholders Fund
c) Current Liabilities
d) Non Current Liabilities

Answer: All of the options

Question16: Financial Statement provide a summary of

a) All of the options
b) Assets
c) Liabilities
d) Capital

Answer: All of the options

Question17: Calls in advance is to be shown under the heading of

a) Current Liabilities
b) Current Assets
c) Current Liabilities and Current Assets
d) None of the options

Answer: Current Liabilities

Question18: Goodwill is shown under which subheading

a) Intangible Assets
b) Current Assets
c) Current Liability
d) None of the options

Answer: Intangible Assets

Question19: Prepaid Expenses is

a) Current Assets
b) Current Liabilities
c) Long term loan
d) None of the options

Answer: Current Assets

Question20: Non Current Assets is

a) Patents and Trade Marks
b) Bills Receivables
c) Prepaid Expenses
d) Debtors

Answer: Patents and Trade Marks

Question21: Security Premium is show under which major head

a) Shareholders fund
b) Current Liabilities
c) Current Assets
d) None of the options

Answer: Shareholders fund

Question22: Provision for Provident Fund comes under

a) Long-term Provision
b) Trade Payable
c) Other Current Liabilities
d) None of the options

Answer: Long-term Provision

Question23: Sinking Fund is shown under which subheading

a) Reserve and Surplus
b) Trade Payable
c) Non Current Liabilities
d) None of the options

Answer: Reserve and Surplus

Question24: Authorised Capital is shown under which major heading in balance sheet

a) Shareholders Fund
b) Current Liability
c) Current Assets
d) None of the options

Answer: Shareholders Fund

Question25: Debenture is shown under which major heading in balance sheet

a) Non Current Liabilities
b) Other Current Liabilities
c) Current Liability
d) None of the options

Answer: Non Current Liabilities

Question26: Example of Short-term Provision is

a) Provision for Tax
b) Debentures
c) Loan
d) None of the options

Answer: Provision for Tax

Question27: Provision for Tax is our

a) Liability
b) Assets
c) Liability and Assets
d) None of the options

Answer: Liability

Question28: Bills Payable shown under major heading Current Liability and Subheading

a) Trade Payable
b) Short-term Provision
c) Other Current Liabilities
d) None of the options

Answer: Trade Payable

Question29: Unclaimed Dividend shown under major heading Current Liability and Subheading

a) Other Current Liabilities
b) Trade Payable
c) Short-term Provision
d) None of the options

Answer: Other Current Liabilities

Question30: Unclaimed Dividend is shown under which major heading in balance sheet

a) Current Liability
b) Equity and Liability
c) Current Assets
d) None of the options

Answer: Current Liability

Question31: Proposed Dividend shown under major heading Current Liability and Subheading

a) Short-term Provision
b) Trade Payable
c) Other Current Liabilities
d) None of the options

Answer: Short-term Provision

Question32: Proposed Dividend is shown under which major heading in balance sheet

a) Current Liability
b) Current Assets
c) Equity and Liability
d) None of the options

Answer: Current Liability

Question33: Miscellaneous Expenditure are

a) All of the options
b) Preliminary Expenses
c) Discount allowed on the issue of shares/deb
d) Development expenditure not adjusted

Answer: All of the options

Question34: Fixed Assets subheading is divided into

a) All of the options
b) Tangible
c) Intangible Assets
d) Capital work in progress

Answer: All of the options

Question35: In Balance Sheet Bills Payable is shown under the

a) Current Liabilities
b) Current Assets
c) Equity and Liability
d) None of the options

Answer: Current Liabilities

Question36: Long term Liabilities is

a) All of the options
b) Bonds
c) Debenture
d) Loans from Banks

Answer: All of the options

Question37: Non Current Liabilities classified in balance sheet

a) All of the options
b) Long term borrowings
c) Deferred tax liabilities
d) Other long term liabilities

Answer: All of the options

Question38: Financial Statement also called

a) Final Accounts
b) Profit & Loss A/c
c) Trading A/c
d) None of the options

Answer: Final Accounts

Question39: Those expenses which paid in advance by the firm

a) Prepaid expenses
b) Accrued income
c) Prepaid expenses and Accrued income
d) None of the options

Answer: Prepaid expenses

Question40: Prepaid expenses are shown under

a) Other current assets
b) Inventories
c) Cash Equivalents
d) None of the options

Answer: Other current assets

Question41: Provision for Tax appears in a Company’s Balance Sheet under the Sub-head …………….

a) Short-term Provisions

b) Reserves and Surplus

c) Long-term Provisions

d) Other Current Liabilities

Answer: A

Question42: Bills Receivables appear in a Company Balance Sheet under the Sub-head

a) Current Investments

b) Cash Equivalents

c) Trade Receivables

d) Short term Loans and Advances

Answer: C

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CHAPTER-1 अवधपुरी में राम Important Questions & MCQs | CLASS 6th | HINDI BAL RAM KATHA| NCERT| EDUGROWN

NCERT Important Questions & MCQs for Class 6 Hindi बाल रामकथा

Chapter -1 अवधपुरी में राम

MCQ Questions

Question 1.
विंध्याचल पर्वत पार करने वाले सबसे पहले मुनि कौन थे?
(a) सुतीक्ष्ण मुनि
(b) विश्वामित्र
(c) अगस्त्य मुनि
(d) अंगेश्वर मुनि

Answer

Answer: (c) अगस्त्य मुनि

Question 2.
शूर्पणखा कौन थी?
(a) रावण की बहिन
(b) रावण की पुत्री
(c) रावण की सौतेली बहिन
(d) रावण के मामा की लड़की

Answer

Answer: (a) रावण की बहिन

Question 3.
नाक-कान कटने के बाद शूर्पणखा किसके पास गई?
(a) जटायु के
(b) अहिरावण के
(c) विभीषण के
(d) खर-दूषण के

Answer

Answer: (d) खर-दूषण के

Question 4.
रावण को किसने बताया कि राम को युद्ध में हराना आसान नहीं?
(a) खर-दूषण ने
(b) अकंपन ने
(c) विभीषण ने
(d) दुर्मुख ने

Answer

Answer: (b) अकंपन ने

Question 5.
अकंपन ने राम से बदला लेने का क्या उपाय बताया?
(a) राम पर हमला करना
(b) अयोध्या पर हमला करना
(c) सीता का हरण करना
(d) मुनियों पर हमला करना

Answer

Answer: (c) सीता का हरण करना

Question 6.
मारीच रावण का क्या लगता था?
(a) चाचा
(b) दादा
(c) नाना
(d) मामा

Answer

Answer: (d) मामा

Question 7.
मारीच ने रावण को क्या समझाया?
(a) सीता का हरण, विनाश को आमंत्रण देना
(b) सीता का हरण आवश्यक है
(c) राम पर चढ़ाई कर देनी चाहिए
(d) राम से संधि कर लेनी चाहिए

Answer

Answer: (a) सीता का हरण, विनाश को आमंत्रण देना

Question 8.
मारीच किस रूप में पंचवटी गया?
(a) शेर के रूप में
(b) तपस्वी के रूप में
(c) खरगोश के रूप में
(d) हिरण के रूप में

Answer

Answer: (d) हिरण के रूप में

Question 9.
बाण लगने पर मायावी हिरण ने क्या किया?
(a) हा सीते! हा लक्ष्मण पुकारा
(b) हा रावण! पुकारा
(c) हा माता! पुकारा
(d) हा पिता जी! पुकारा |

Answer

Answer: (a) हा सीते! हा लक्ष्मण पुकारा

Question 10.
रावण के साथ किस पक्षी का युद्ध हुआ?
(a) दीर्घायु
(b) संपाती
(c) जटायु
(d) दीर्घबाहु

Answer

Answer: (c) जटायु

Question 11.
सीता ने अपने आभूषण उतारकर नीचे क्यों फेंके?
(a) वे आभूषण अब उसके काम के नहीं थे
(b) वह राम को बताना चाहती थी कि रावण उसको किधर ले गया
(c) वे आभूषण किसी गरीब के काम आ जायेंगे
(d) वे आभूषण उनके नहीं थे

Answer

Answer: (b) वह राम को बताना चाहती थी कि रावण उसको किधर ले गया

Question 12.
टूटे रथ को देखकर राम असमंजस में क्यों पड़ गए?
(a) क्योंकि टूटा रथ रावण का था
(b) टूटे रथ के पास खून पड़ा हुआ था
(c) टूटे रथ के पास वह माला पड़ी थी जिसको सीता ने अपनी वेणी में गूंथ रखा था
(d) वहाँ मरा हुआ सारथी पड़ा था

Answer

Answer: (c) टूटे रथ के पास वह माला पड़ी थी जिसको सीता ने अपनी वेणी में गूंथ रखा था

Question 13.
जटायु ने किसके साथ युद्ध किया?
(a) खर-दूषण के
(b) रावण के
(c) मारीच के
(d) इंद्रजीत के

Answer

Answer: (b) रावण के

Question 14.
कबंध राक्षस की क्या विशेषता थी?
(a) उसके पैर नहीं थे
(b) उसके हाथ नहीं थे
(c) उसका उदर गायब था
(d) उसके धड़ पर सिर नहीं था

Answer

Answer: (d) उसके धड़ पर सिर नहीं था |

Question 15.
शबरी कौन थी?
(a) विश्वामित्र की शिष्या
(b) मतंग ऋषि की शिष्या
(c) ऋषि भारद्वाज की शिष्या
(d) ऋषि दुर्वासा की शिष्या

Answer

Answer: (b) मतंग ऋषि की शिष्या

Question 16.
शबरी ने राम को किसके पास जाने की सलाह दी?
(a) मतंग ऋषि के
(b) बाली के
(c) सुग्रीव के
(d) हनुमान के

Answer

Answer: (c) सुग्रीव के

Question 17.
बाली कहाँ के राजा थे?
(a) चित्रकूट के
(b) किष्किंधा के
(c) लंका के
(d) पाताल लोक के

Answer

Answer: (b) किष्किंधा के

Question 18.
राम और सुग्रीव की मित्रता किसने कराई?
(a) हनुमान ने
(b) शिवजी ने
(c) पवन ने
(d) जटायु ने

Answer

Answer: (a) हनुमान ने

Question 19.
बाली किसके द्वारा मारा गया?
(a) सुग्रीव के
(b) राम के
(c) लक्ष्मण के
(d) हनुमान के

Answer

Answer: (b) राम के

Question 20.
लंका रोहण के लिए वानरों के कितने दल बनाए गए?
(a) दो
(b) तीन
(c) चार
(d) पाँच

Answer

Answer: (c) चार

Question 21.
हनुमान किस दल में शामिल थे?
(a) उत्तर को ओर जाने वाले
(b) दक्षिण-पूर्व की ओर जाने वाले
(c) दक्षिण की ओर जाने वाले
(d) दक्षिण-पश्चिम की ओर जाने वाले

Answer

Answer: (d) दक्षिण-पश्चिम की ओर जाने वाले

Question 22.
संपाति कौन था?
(a) सुग्रीव का सेवक
(b) बाली का सेनापति
(c) रावण का भाई
(d) जटायु का भाई

Answer

Answer: (d) जटायु का भाई

Question 23.
समुद्र को पार किसने किया?
(a) अंगद
(b) संपाति
(c) हनुमान
(d) जामवंत

Answer

Answer: (c) हनुमान

Question 24.
किस राक्षसी ने हनुमान के मार्ग को रोका?
(a) ताड़का
(b) सुरसा
(c) हिडिम्बा
(d) गर्धभा

Answer

Answer: (b) सुरसा

Question 25.
रावण ने सीता को कहाँ ठहराया हुआ था?
(a) अपने महल में
(b) विभीषण के महल में
(c) अशोक वाटिका में
(d) मंदोदरी के महल में

Answer

Answer: (c) अशोक वाटिका में

Question 26.
हनुमान ने सीता को कैसे विश्वास दिलाया कि वह राम का सेवक है?
(a) राम का उत्तरीय वस्त्र दिखाकर
(b) राम की दी हुई अँगूठी दिखाकर
(c) अपनी पूँछ दिखाकर
(d) अपना पराक्रम दिखाकर

Answer

Answer: (b) राम की दी हुई अँगूठी दिखाकर

Question 27.
सीता से विदा लेकर हनुमान ने क्या किया?
(a) रावण पर आक्रमण कर दिया
(b) किष्किंधा वापस आ गया
(c) रावण के बाग को उजाड़ दिया
(d) रावण के पास संधि प्रस्ताव लेकर गया |

Answer

Answer: (c) रावण के बाग को उजाड़ दिया

Question 28.
रावण ने हनुमान को क्या सजा दी?
(a) मौत की
(b) उसकी पूँछ में आग लगाने की
(c) उम्र कैद की
(d) अंग भंग करने की

Answer

Answer: (b) उसकी पूँछ में आग लगाने की

Question 29.
विभीषण लंका से निकलकर कहाँ गए?
(a) गंगा के किनारे
(b) किष्किंधा
(c) राम के पास
(d) अयोध्या

Answer

Answer: (c) राम के पास

Question 30.
अवध कौन-सी नदी के किनारे बसा हुआ है?
(a) गंगा
(b) यमुना
(c) सरस्वती
(d) सरयू

Answer

Answer: (d) सरयू

Question 31.
अयोध्या किस राज्य की राजधानी थी?
(a) कौसल
(b) मिथिला
(c) झारखंड
(d) विदिशा

Answer

Answer: (a) कौसल

Question 32.
राजा दशरथ की कितनी रानियाँ थीं?
(a) दो
(b) तीन
(c) चार
(d) पाँच

Answer

Answer: (b) तीन

Question 33.
दशरथ के कितने पुत्र थे?
(a) दो
(b) तीन
(c) चार
(d) पाँच

Answer

Answer: (c) चार

Question 34.
महर्षि वशिष्ठ कौन थे?
(a) राजा दशरथ के राजगुरु
(b) जनकपुरी के ऋषि
(c) एक राजा
(d) एक शिक्षक

Answer

Answer: (a) राजा दशरथ के राजगुरु

Question 35.
राम-लक्ष्मण किसके साथ वन गए?
(a) वशिष्ठ के
(b) विश्वामित्र के
(c) जनक के
(d) दशरथ के

Answer

Answer: (b) विश्वामित्र के

Question 36.
विश्वामित्र ने नदी तट पर पहुँचकर राम-लक्ष्मण को कौन-सी विद्या सिखाई?
(a) शस्त्र विद्या
(b) अश्व विद्या
(c) बला-अतिबला
(d) गुप्त विद्या

Answer

Answer: (c) बला-अतिबला

Question 37.
ताड़का कौन थी?
(a) एक सुंदर स्त्री
(b) एक राक्षसी
(c) एक देवी
(d) एक साध्वी

Answer

Answer: (b) एक राक्षसी

Question 38.
राम ने विश्वामित्र के साथ वन में जाकर क्या किया?
(a) यज्ञ की रक्षा
(b) राक्षसों का वध
(c) ‘a’ और ‘b’ दोनों
(d) उपर्युक्त में से कोई नहीं

Answer

Answer: (c) ‘a’ और ‘b’ दोनों

Question 39.
यज्ञ के बाद विश्वामित्र ने राम-लक्ष्मण को कहाँ चलने को कहा?
(a) अयोध्या
(b) अलकापुरी
(c) मिथिला
(d) वृंदावन

Answer

Answer: (c) मिथिला

Question 40.
शिव-धनुष कहाँ रखा हुआ था?
(a) एक तख्त पर
(b) लोहे की पेटी में
(c) एक शिला पर
(d) महल के बाहर

Answer

Answer: (b) लोहे की पेटी में

Question 41.
शिव-धनुष को किसने उठाया?
(a) राम ने
(b) लक्ष्मण ने
(c) रावण ने
(d) किसी ने भी नहीं

Answer

Answer: (a) राम ने

Question 42.
राम के विवाह के बाद राजा दशरथ के मन में क्या इच्छा थी?
(a) वन जाने की
(b) संन्यास लेने की
(c) राम का राज्याभिषेक करने की
(d) भरत को राजा बनाने की

Answer

Answer: (c) राम का राज्याभिषेक करने की

Question 43.
राज्याभिषेक की घोषणा के समय भरत और शत्रुघ्न कहाँ थे?
(a) वन में
(b) अपने मामा के यहाँ
(c) विश्वामित्र के साथ
(d) कैकेयी के महल में

Answer

Answer: (b) अपने मामा के यहाँ

Question 44.
कैकेयी ने दशरथ से कितने वर माँगे?
(a) दो
(b) तीन
(c) चार
(d) पाँच

Answer

Answer: (a) दो

Question 45.
पहला वरदान क्या था?
(a) राम के लिए राजगद्दी
(b) राम के लिए वनवास
(c) भरत के लिए राजगद्दी
(d) लक्ष्मण के लिए वनवास

Answer

Answer: (c) भरत के लिए राजगद्दी

Question 46.
दूसरा वर क्या था?
(a) राम भरत का सहायक रहेगा
(b) राम को चौदह वर्ष का वनवास
(c) राम को बारह वर्ष का वनवास
(d) राम को बारह वर्ष का वनवास व एक वर्ष का अज्ञातवास

Answer

Answer: (b) राम को चौदह वर्ष का वनवास

Question 47.
कैकेयी की दासी का क्या नाम था?
(a) मंथरा
(b) संतरा
(c) कुलक्षणी
(d) ताड़का

Answer

Answer: (a) मंथरा

Question 48.
कैकेयी ने अपनी बात न मानी जाती देख क्या हथियार चलाया?
(a) वन जाने का
(b) अपने पिता के घर जाने का
(c) विष खाने का
(d) स्वयं गद्दी पर बैठने का

Answer

Answer: (c) विष खाने का

Question 49.
दशरथ के मंत्री का क्या नाम था?
(a) विदुर
(b) चाणक्य
(c) चंद्रगुप्त
(d) सुमंत्र

Answer

Answer: (d) सुमंत्र

Question 50.
राम के वन-गमन की बात सुनकर लक्ष्मण क्या चाहते थे?
(a) अपने बाहुबल से राज्य छीनना
(b) वन जाने के निर्णय को उचित मानना
(c) कैकेयी को वन भेजना
(d) इनमें से कोई नहीं

Answer

Answer: (a) अपने बाहुबल से राज्य छीनना

Question 51.
राम के वन-गमन का समाचार सुनकर नगरवासी किसे धिक्कार रहे थे?
(a) दशरथ को
(b) कैकेयी को
(c) राम को
(d) लक्ष्मण को

Answer

Answer: (b) कैकेयी को

Question 52.
मंथरा को बालों से पकड़कर किसने घसीटा?
(a) राम ने
(b) लक्ष्मण ने
(c) भरत ने
(d) शत्रुघ्न ने

Answer

Answer: (d) शत्रुघ्न ने

Question 53.
मुनि वशिष्ठ ने भरत से क्या आग्रह किया?
(a) वन चलने को कहा
(b) अयोध्या का राज्य संभालने को कहा
(c) राम को आधा राज्य देने को कहा
(d) रघुकुल की रीत निभाने को कहा

Answer

Answer: (b) अयोध्या का राज्य संभालने को कहा

Question 54.
राम ने किस स्थान पर कुटिया बनाई?
(a) नर्मदा नदी के किनारे
(b) पंचमढ़ी में
(c) चित्रकूट में
(d) हिमालय पर्वत पर

Answer

Answer: (c) चित्रकूट में

Question 55.
भरत द्वारा दिए गए किस समाचार को सुनकर राम सन्न रह गए?
(a) भरत के राज्य संभालने के।
(b) भरत के सेना लेकर आने के
(c) गुरु वशिष्ठ के नाराज होने के
(d) दशरथ की मृत्यु के

Answer

Answer: (d) दशरथ की मृत्यु के

Question 56.
भरत ने राम से क्या विनती की?
(a) अयोध्या चलकर राज्य संभालने की
(b) किसी और को राज्य देने की
(c) अपनी माता को दण्ड देने की
(d) पिता का क्रिया-कर्म करने की

Answer

Answer: (a) अयोध्या चलकर राज्य संभालने की

Question 57.
भरत राम से क्या चीज लेकर लौटे?
(a) उनकी अंगूठी
(b) उनकी खड़ाऊँ
(c) उनका धनुष
(d) इनमें से कोई नहीं

Answer

Answer: (b) उनकी खड़ाऊँ

Question 58.
दण्डक वन में राम-लक्ष्मण ने किसकी सहायता की?
(a) देवताओं की
(b) बीमारों की
(c) ऋषि-मुनियों की
(d) जटायु की

Answer

Answer: (c) ऋषि-मुनियों की

पाठ्यपुस्तक का प्रश्न-अभ्यास

प्रश्न 1.
पुस्तक के पहले अध्याय के पहले अनुच्छेद में लेखक ने सजीव ढंग से अवध की तसवीर प्रस्तुत की है। तुम भी अपने आसपास की किसी जगह का ऐसा ही बारीक चित्रण करो। यह चित्रण मोहल्ले के चबूतरे, गली की चहल-पहल, सड़क के नज़ारे आदि किसी का भी हो सकता है जिससे तुम अच्छी तरह परिचित हो।
उत्तर-
मैं अपने मोहल्ले के माहौल से अच्छी तरह परिचित हूँ। यह भारत की राजधानी दिल्ली से बिलकुल नजदीक है। डी० एल०एफ० अंकुर विहार जो दिल्ली पुलिस ट्रेनिंग सेंटर के साथ लगा हुआ है। इस मार्ग के दोनों ओर स्थित ऊँची-ऊँची अट्टालिकाओं की शोभा को देखते ही बनता है। यहाँ आलीशान इमारतें एवं मॉल हैं। यहाँ का वातावरण शांत तथा शहर के कोलाहल से बहुत अलग है। प्रकृति से निकटता यहाँ के परिवेश की ही खासियत है। प्रदूषण से मुक्त आबोहवा है। चारों तरफ दूर-दूर तक फै ली हुई हरियाली यहाँ के आकर्षण का केंद्र है।

यह गाँव एवं शहरों के समिश्रण का संयुक्त रूप है। चौड़ी-चौड़ी सड़कें, स्ट्रीट लाइट, कम भीड़भाड़ एवं कोलाहल होने के कारण यहाँ का वातावरण काफ़ी खुशनुमा है। लोग यहाँ काफ़ी पढ़े-लिखे एवं सभ्य हैं। बड़े-बड़े पार्को में चारों ओर रंग-बिरंगे खिले फूलों की भीनी-भीनी सुगंध का क्या कहना। वास्तव में ऐसे स्वर्गीय वातावरण का आनंद सौभाग्य से ही मिलता है।

प्रश्न 2.
विश्वामित्र जानते थे कि क्रोध करने से यज्ञ पूरा नहीं होगा। इसलिए वे क्रोध को पी गए। तुम्हें भी कभी-कभी गुस्सा आता होगा। तुम्हें कब-कब गुस्सा आता है और उसका क्या परिणाम होता है?
उत्तर-
हाँ, मुझे गुस्सा तब आता है जब मुझसे कोई झूठ बोले, मेरी बात न माने या मुझसे पूछे बिना मेरी चीजों को हाथ लगाता है तो मुझे गुस्सा आता है। मैं गुस्से को काबू करने का काफ़ी प्रयत्न करता हूँ लेकिन उसे रोक नहीं पाता। इसका परिणाम . मुझे नुकसान के रूप में उठाना पड़ता है। इसका परिणाम मुझे डाँट सुननी पड़ती है या फिर किसी से झगड़ा के रूप में परिवर्तित हो जाता है। मेरे कई मित्रों से गुस्से के कारण संबंध खराब हो गए। यहाँ तक कि बोल-चाल भी बंद हो गए।

प्रश्न 3.
राम और लक्ष्मण ने महाराज दशरथ के निर्णय को खुशी-खुशी स्वीकार किया। तुम्हारी समझ में इसका क्या कारण रहा होगा?
उत्तर-
राम और लक्ष्मण अपने पिता के भक्त थे। वे एक वीर एवं आदर्श पुरु ष भी थे। अतः वे अपने पिता के वचनों का मान रखना चाहते थे। इसी कारण राम और लक्ष्मण ने महाराज दशरथ के निर्णय को खुशी-खुशी स्वीकार कर लिया होगा। इसके अलावा उन्हें वंश परंपरा का भी ध्यान था। रघुकुल में वचन का मान रखने के लिए उनके पूर्व की पीढ़ियों ने प्राणों की बाजी लगा दी थी। उन्हें अपने कुल की परंपरा का ज्ञान था।

प्रश्न 4.
विश्वामित्र ने कहा, ”ये जानवर और वनस्पतियाँ जंगल की शोभा हैं। इनसे कोई डर नहीं है।” उन्होंने ऐसा क्यों कहा?
उत्तर-
जानवर और वनस्पतियाँ जंगल की शोभा हैं। वनस्पतियाँ ही तो जंगल का आधार हैं। वनस्पतियों के बिना जंगल की कल्पना नहीं की जा सकती। प्रकृति का पारिस्थितिक संतुलन बनाए रखने के लिए भी ये सहायक होते हैं। धरती पर जीवन की उपस्थिति के लिए ये आवश्यक हैं। अतः ये हमारे जीवन साथी हैं और हमें जानवरों से कोई खतरा नहीं होता। ये प्रकृति की शोभा बढ़ाते हैं। जानवरों से रौनक बनी रहती है। अतः इनके महत्त्व को समझते हुए विश्वामित्र ने कहा कि ये जंगल की शोभा हैं। इनसे नहीं डरना चाहिए।

प्रश्न 5.
लक्ष्मण ने शूर्पणखा के नाक-कान काट दिए। क्या ऐसा करना उचित था? अपने उत्तर का कारण बताओ।
उत्तर-
शूर्पणखा ने राम-लक्ष्मण से विवाह करने का प्रस्ताव रखा था, लेकिन दोनों भाइयों ने शूर्पणखा का प्रस्ताव ठुकरा दिया। इसलिए क्रोध में आकर शूर्पणखा सीता पर झपटी। यह देख लक्ष्मण ने शूर्पणखा के नाक-कान काट दिए। शूर्पणखा एक राक्षसी होते हुए भी एक स्त्री थी। इसलिए लक्ष्मण के द्वारा नाक-कान काटना अनुचित कार्य था। उसे इस तरह अपमानित करना उचित नहीं कहा जा सकता है। शूर्पणखा के विवाह प्रस्ताव को ठुकराने के लिए लक्ष्मण को उसे समझाने का प्रयत्न करना चाहिए था। इस पर यदि वह नहीं मानती तो उसे दंड देना चाहिए था। इस प्रकार के दंड को अनुचित कहा जा सकता है।

प्रश्न 6.
विश्वामित्र और कैकेयी दोनों ही दशरथ को रघुकुल के वचन निभाने की प्रथा याद दिलाते हैं। तुम अपनी मदद से बताओ कि क्या दिया हुआ वचन हमेशा संभव होता है।
उत्तर-
इसमें कोई शक नहीं कि दिया हुआ वचन सदैव निभाना संभव नहीं होता है। यह कभी-कभी परिस्थितियों तथा मज़बूरियों पर निर्भर करता है। मुझे याद है कि मैंने अपने एक मित्र को सदैव मदद करने का वचन दिया था। एकबार उस मित्र को कई सालोंबाद धन की आवश्यकता हुई। उसने मेरे से कुछ रुपये माँगे, पर जब तक मैं गरीब हो चुका था। मेरी आर्थिक स्थिति खराब हो गई थी। आर्थिक विपन्नता के कारण मैं अपना वचन नहीं निभा पाया।

प्रश्न 7.
मान लो कि तुम्हारे स्कूल में रामकथा को नाटक के रूप में खेलने की तैयारी चल रही है। तुम इस नाटक में उसी पात्र की भूमिका निभाना चाहते हो जो तुम्हें सबसे ज़्यादा अच्छी, दिलचस्प या आकर्षक लगती है। वह पात्र कौन सा है और क्यों?
उत्तर-
मैं रामकथा नाटक में छोटे भाई लक्ष्मण के रूप में भूमिका निभाना चाहूँगा। क्योंकि लक्ष्मण की भूमिका अत्यंत वीरतापूर्ण, भव्य और आकर्षक है। लक्ष्मण ने सदैव राम के साथ सेवाभाव का परिचय दिया है। वे अनुकरणीय महान योद्धा एवं आदर्शवादी पुरुष थे। वे यथार्थवादी थे। वे अन्याय को तुरंत समाप्त करने के लिए तत्पर रहते थे। इनके चरित्र में नवीनता और सजीवता बनी रहती है। अतः मैं सदैव लक्ष्मण की भूमिका निभाना चाहूँगा।

प्रश्न 8.
सीता बिना बात के राक्षसों के वध के पक्ष में नहीं थीं, जबकि राम राक्षसों के विनाश को ठीक समझते थे। तुम किससे सहमत हो-राम से या सीता से? कारण बताते हुए उत्तर दो।
उत्तर-
सीता बिना बात के राक्षसों के वध के पक्ष में नहीं थीं, जबकि राम राक्षसों के विनाश को आवश्यक मानते थे। इस दोनों विचारों में राम के विचारों से सहमत हूँ। कारण यह था कि राक्षस अपने बुरे कामों से बाज नहीं आते। राक्षस अकारण निर्दोष ऋषि मुनियों का वध करते थे। उनका अत्याचार स्त्रियों तथा बच्चों पर कहर बनकर टूटता था। उनमें दया के भाव का नामोनिशान तक न था। समाज को उनके अत्याचारों से बचाने के लिए उनका सफाया करना आवश्यक था। अतः उपरोक्त परिस्थितियों को देखकर मैं राम के विचारों से सहमत हूँ।

प्रश्न 9.
रामकथा के तीसरे अध्याय में मंथरा कैकेयी को समझाती है कि राम को युवराज बनाना उसके बेटे के हक में नहीं है। इस प्रसंग को अपने शब्दों में कक्षा में नाटक के रूप में प्रस्तुत करो।
उत्तर-
मंथरा का कैकेयी को इस प्रकार समझाना कि राम को युवराज बनाना उसके बेटे के हक में नहीं है।

मंथरा – अरी रानी उठो! यह समय सोने का नहीं होश में आओ। विपत्ति का पहाड़ टूटने वाला है। जागो।
कैकेयी – क्या हुआ? क्या बात है? तुम इतनी घबराई हुई क्यों हो? कुशल मंगल तो है?
मंथरा – कैसा कुशल मंगल! तुम्हारे सुखों का अंत होने वाला है। कल राम का राज्याभिषेक होने वाला है।
कैकेयी – यह तो खुशी की बात है।
मंथरा – तुम्हारी मति मारी गई है। तुम राजा दशरथ के षड्यंत्र को नहीं समझती। तुम्हारे अधिकार छीने जाने वाले हैं।
कैकेयी – यह कैसी उलटी बात है। वह मेरा ज्येष्ठ पुत्र है। राम तो युवराज के पद के योग्य है। राज तो बड़े बेटे को ही मिलता है।
मंथरा – रानी इसे रोकें, यह तुम्हारे हित में नहीं है। राम अगर राजा बन गया तो तुम कौशल्या की दासी बन जाओगी। भरत राम के दास हो जाएँगे।
कैकेयी – तो क्या ऐसा हो जाएगा? मैं क्या करूं?
मंथरा – तुम्हें याद है, तुम राजा दशरथ को अपने वचनों की याद दिलाकर भरत के लिए राज्याभिषेक और राम के लिए चौदह वर्ष का वनवास माँग लो।
कैकेयी – परंतु इतना बड़ा काम मैं कैसे करूंगी।
मंथरा – तुम मैले कपड़े पहनकर कोप भवन चली जाओ। राजा दशरथ आएँ तो उन्हें पहले अपने मन की बात मत कहना। जब वे तुम्हें मनाने लगें तो अपने दोनों वचनों को माँग लेना।

प्रश्न 10.
तुमने ‘जंगल और जनकपुर’ तथा ‘दंडक वन में दस वर्ष’ में राक्षसों द्वारा मुनियों को परेशान करने की बात पढ़ी। राक्षस ऐसा क्यों करते थे? क्या यह संभव नहीं था कि दोनों शांतिपूर्वक वन में रहते? कारण बताते हुए उत्तर दो।
उत्तर-
राक्षस सदैव विध्वंस करते रहते थे और आतंक फैलाते रहते थे। शांतिपूर्वक रहना राक्षसों के स्वभाव के विपरीत था। वे निर्दोष प्राणियों की हत्या करते रहते थे। इसके विपरीत ऋषि मुनियों की संस्कृति भिन्न थी। ऋषि-मुनि तो जंगल में आश्रमों में शांतिपूर्वक रहते थे। पर राक्षसों की प्रवृत्ति ऋषि-मुनियों के यज्ञ ‘भंग करने की थी। इस तरह राक्षसों की संस्कृति ऋषि मुनियों की संस्कृति से बिलकुल विपरीत थी। इसलिए वे सभी एक साथ मिलजुलकर नहीं रह सकते थे।

प्रश्न 11.
हनुमान ने लंका से लौटकर अंगद और जामवंत को लंका के बारे में क्या-क्या बताया होगा?
उत्तर-
लंका से लौटकर हनुमान ने अंगद और जामवंत को लंका नगरी के सौंदर्य का वर्णन किया होगा क्योंकि हनुमान ने ऐसी सुंदर नगरी नहीं देखी थी। हनुमान ने बताया होगा कि सीता रावण की अशोक वाटिका में बंदी हैं तथा हर समय राक्षसों से घिरी रहती हैं। लंका सोने से बनी है। लंका चारों ओर से सुरक्षित बनाई गई है। वहाँ का राजा रावण ऊँचे सिंहासन पर बैठता है। वहाँ के भव्य महल हैं। वहाँ अशोक के लंबे-लंबे वृक्ष हैं। इसके अलावा हनुमान ने जामवंत को बताया होगा कि कैसे उनकी पूँछ में आग लगा देने पर उन्होंने लंका को जलाकर राख कर दिया था। इसके अलावा सीता से भेंट के विषय में भी बताया होगा।

प्रश्न 12.
तुमने बहुत सी पौराणिक कथाएँ और लोक कथाएँ पढ़ी होंगी। उनमें क्या अंतर होता है? यह जानने के लिए पाँच पाँच के समूह में कक्षा के बच्चे दो-दो पौराणिक कथाएँ और लोक कथाएँ इकट्ठा करें। कथ्य (कहानी), भाषा आदि के अनुसार दोनों प्रकार की कहानियों का विश्लेषण करें और उनके अंतर लिखें।
उत्तर-
पौराणिक कथाएँ और लोक कथाएँ धार्मिक मान्यताओं पर आधारित होती हैं। उनमें कोई-न-कोई देवता का संबंध जुड़ा होता है। लोक कथाएँ वे कथाएँ हैं जो लोक जीवन में प्रचलित हैं। लोक कथाएँ प्रायः आम बोलचाल की भाषा में लिखी जाती हैं। श्रवण कुमार, नचिकेता, हरिश्चंद्र आदि लोक कथाओं के उदाहरण हैं जबकि विजय नारायण सिंह द्वारा संकलित ‘दुष्ट न छोड़े दुष्टता’ ‘डेढ़ मित्र’ और चतुर मज़दूरनी लोक कथाएँ हैं। पौराणिक कथाएँ संस्कृत में या हिंदी में लिखी गई हैं। वहीं लोक कथाएँ साधारण जन में प्रचलित कहानियाँ हैं, जिनमें जन-जीवन से जुड़े प्रसंग होते हैं।

प्रश्न 13.
क्या होता यदि-
(क) राजा दशरथ कैकेयी की प्रार्थना स्वीकार नहीं करते।
(ख) रावण ने विभीषण और अंगद का सुझाव माना होता और युद्ध का फैसला न किया होता
उत्तर-
(क) यदि राजा दशरथ कैकेयी की प्रार्थना स्वीकार न करते तो राम का राज्याभिषेक हो जाता। राजा दशरथ पर वचन-भंग का आरोप लगता। वे रघुकुल के पहले राजा होते जो अपने वचन से फिर गए होते। उनका वह सम्मान नहीं रहता जो उनकी मृत्यु के बाद भी उनको मिलता रहा। राम को चौदह साल का वनवास नहीं होता। अगर राम वन नहीं जाते तो सीता का रावण द्वारा हरण नहीं होता। तब राम रावण का युद्ध नहीं होता और रावण का वध नहीं होता।

(ख) यदि रावण विभीषण और अंगद का सुझाव मान लेता और युद्ध का फैसला न करता तो वह सीता को लौटा देता। ऐसी स्थिति में रावण और राम की सेना के बीच वह भयानक युद्ध न होता। असंख्या लोगों का खून-खराबा नहीं होता और रावण की मृत्यु नहीं होती।

प्रश्न 14.
नीचे कुछ चारित्रिक विशेषताएँ दी गई हैं और तालिका में कुछ पात्रों के नाम दिए गए हैं। प्रत्येक नाम के सामने उपयुक्त विशेषताओं को छाँटकर लिखो।
पराक्रमी, साहसी, निडर, पितृभक्त, वीर, शांत, दूरदर्शी, त्यागी, लालची, अज्ञानी, दुश्चरित्र, दीनबंधु, गंभीर, स्वार्थी, उदार, धैर्यवान, अड़ियल, कपटी, भक्त, न्यायप्रिय और ज्ञानी।

राम …….
सीता ……..
लक्ष्मण ……..
विभीषण ……….
हनुमान ……..
कैकेयी ………
रावण ………
भरत ……..

उत्तर-

राम – पराक्रमी, साहसी, निडर, पितृभक्त, वीर, शांत, त्याग, दीनबंधु, उदार, गंभीर, धैर्यवान, न्यायप्रिय और ज्ञानी।
सीता – त्याग, उदार, अड़ियल, शांत
लक्ष्मण – साहसी, पराक्रमी, निडर, पितृभक्त, वीर, त्यागी, दूरदर्शी, भक्त, ज्ञानी।
विभीषण – दूरदर्शी, साहसी, निडर, वीर, त्याग, गंभीर, भक्त, ज्ञानी।
हनुमान – पराक्रमी, वीर, साहसी, बली, निडर, शांत, धैर्यवान, भक्त, ज्ञानी।
कैकेयी – लालची, अज्ञानी, अड़ियल, स्वार्थी, कपटी।
रावण – घमंडी, दुश्चरित्र, पराक्रमी, साहसी, निडर, अज्ञानी, अड़ियल, कपटी।
भरत – त्यागी, भक्त, ज्ञानी, गंभीर, उदार, धैर्यवान, न्यायप्रिय, उदार।

प्रश्न 15.
तुमने अपने आस-पास के बड़ों से रामायण की कहानी सुनी होगी। रामलीला भी देखी होगी। क्या तुम्हें अपनी पुस्तक रामकथा की कहानी और बड़ों से सुनी लक्ष्मण की कहानी में कोई अंतर नज़र आया? यदि हाँ तो उसके बारे में कक्षा में बताओ।
उत्तर-
मैंने अपने आस-पास के बड़ों से भी रामायण की कहानी सुनी है। रामलीला भी देखी है। रामायण की कहानी और रामलीला में यह अंतर होता है कि रामलीला से घटनाएँ प्रत्यक्ष देखने को मिलती हैं। उनका प्रभाव स्थायी होता है। बड़े लोग भी । रामायण की कहानी सुनाते हैं, पर वे कई घटनाओं एवं चरित्र को उल्लेख करना भूल जाते हैं या सही ढंग से वर्णन नहीं कर पाते हैं।

जैसे विश्वामित्र राक्षसों से रक्षा के लिए दशरथ से राम और लक्ष्मण को ले गए। पर यह बताना भूल गए कि विश्वामित्र कौन थे और उन्होंने राम और लक्ष्मण को कौन सी विद्याएँ सिखाईं, परंतु ‘बाल रामकथा’ की कहानी से हमें राम के जीवन के हर छोटे-बड़े घटनाक्रम की जानकारी मिली। इस पुस्तक के माध्यम से राम के जीवन की प्रत्येक घटनाओं की जानकारी विस्तार से मिली। इसके अलावा हमें श्रीराम का जीवन परिचय मिला।

प्रश्न 16.
रामकथा में कई नदियाँ और स्थानों के नाम आए हैं। इनकी सूची बनाओ और एटलस में देखो कि कौन-कौन सी नदियाँ और जगहें अभी भी मौजूद हैं। यह काम तुम चार-चार समूह में कर सकते हो।
उत्तर-
रामकथा में आए नदियों तथा स्थानों के नाम निम्नलिखित हैं-
नदियों के नाम- सरयू, गंगा, गोदावरी, गंडक तथा गोमती और सोन।
स्थानों के नाम- इस कथा में स्थानों के नाम हैं-अयोध्या, मिथिला, चित्रकूट, किष्किंधा, कैकेय राज्य, दंडक वन, श्रृंगवेरपुर, विंध्याचल, प्रयाग और लंका। ये सारे स्थल अपने पुराने या नए नामों के साथ आज भी भारत भूमि पर उपस्थित हैं। छात्र एटलस में इन्हें हूँढ़ने का प्रयास करें।

प्रश्न 17.
यह राम कथा वाल्मीकि रामायण पर आधारित है। तुलसीदास द्वारा रचित रामचरितमानस के बारे में जानकारी इकट्ठी करो और उसे चार्टपेपर पर लिखकर कक्षा में लगाओ। जानकारी प्रस्तुत करने में निम्नलिखित बिंदु हो सकते हैं|
राम कथा का नाम, रचनाकार का नाम, भाषा/प्रांत
उत्तर-
कथा का नाम- रामचरित मानस
रचनाकार- तुलसी दास
भाषा/प्रांत- अवधी/अवध (पूर्वी उत्तर प्रदेश)
इस जानकारी के आधार पर छात्र स्वयं चार्ट पेपर तैयार करें।

प्रश्न 18.
“नगर में बड़ा समारोह आयोजित किया गया। धूमधाम से।” (पृष्ठ-3)
‘एक दिन ऐसी ही चर्चा चल रही थी। गहन मंत्रणा’। (पृष्ठ-4)
‘पाँच दिन तक सब ठीक-ठाक चलता रहा। शांति से निर्विघ्न।’ (पृष्ठ-10)
रामकथा की इन पंक्तियों में कुछ वाक्य केवल एक या दो शब्दों के हैं। ऐसा लेखक ने किसी बात पर बल देने के लिए, उसे प्रभावशाली बनाने के लिए या नाटकीय बनाने के लिए किया है। ऐसे कुछ और उदाहरण पुस्तक से छाँटो और देखो कि इन एक-दो शब्दों के वाक्य को पिछले वाक्य में जोड़कर लिखने से बात के असर में क्या फर्क पड़ता है। उदाहरण के लिए-
‘पाँच दिन तक सब शांति से निर्विघ्न और ठीक-ठाक चलता रहा।
उत्तर-

वे चलते रहे। नदी के घुमाव के साथ-साथ। नदी पार जंगल था। घना दुर्गम।
महाराज पलंग पर पड़े हैं। बीमार। दीन-हीन।
वे गंगा किनारे पहुँच गए। श्रृंगवेरपुर गाँव में।
छात्र उपर्युक्त उदाहरणों में दोनों वाक्यों के बीच के अंतर पर ध्यान दें।

अन्य पाठेतर हल प्रश्न

अतिलघु उत्तरीय प्रश्नोत्तर

प्रश्न 1.
रामायण के रचयिता कौन थे?
उत्तर-
रामायण के रचयिता आदिकवि वाल्मीकि थे।

प्रश्न 2.
‘बाल रामकथा’ किसके द्वारा लिखी गई है?
उत्तर-
‘बाल रामकथा’ श्री मधुकर उपाध्याय द्वारा लिखी गई है।

प्रश्न 3.
राम के चरित्र की विशेषता अपने शब्दों में लिखिए।
उत्तर-
राम को मर्यादा पुरु षोत्तम राम कहा जाता है। वह एक आदर्श पुरुष, भाई तथा राजा थे। राम पितृभक्त, धैर्यवान, साहसी, न्यायी, पराक्रमी, त्यागी तथा उदार थे। उनका चरित्र आज हमारे जीवन में अनुकरणीय है।

लघु उत्तरीय प्रश्नोत्तर

प्रश्न 1.
राम कथा से तुम्हें क्या शिक्षा मिलती है?
उत्तर-
राम कथा से हमें शिक्षा मिलती है कि हमें राम की तरह अपने माता-पिता, गुरुजनों की भावनाओं को पूरा-पूरा सम्मान करना चाहिए। इस कथा से हमें साहस और बुधि से प्रत्येक कठिनाइयों का सामना करने की प्रेरणा मिलती है। विपरीत परिस्थितियों में धीरज बनाए रखना भी इस कथा के माध्यम से हम सीखते हैं। अतः हम कह सकते हैं कि रामकथा हमारे जीवन के लिए महत्त्वपूर्ण प्रेरणा का स्रोत है।

प्रश्न 2.
यदि आप राम के चारित्रिक गुणों को अपना लें तो आपके जीवन में क्या परिवर्तन आ जाएगा?
उत्तर-
यदि राम के चारित्रिक गुणों को अपना लें तो हमारे मन में ईष्र्या, द्वेष, स्वार्थ की भावना का अंत हो जाएगा। प्रेम और सद्भावनाओं का विकास होगा। समाज में भाईचारे की भावनाओं का विकास होगा। समाज में समरसता बढ़ेगी। खुशहाल समाज का निर्माण होगा।

प्रश्न 3.
यदि आपको वनवास हो जाए तो वहाँ आप अपना जीवन-यापन कैसे करेंगे?
उत्तर-
अगर कभी हमें वनवास हो जाए तो जीवन व्यतीत करना अत्यंत कठिन हो जाएगा, क्योंकि वहाँ हम सारी सुख-सुविधाओं से वंचित रहेंगे। हमें वहाँ कई ऐसी परेशानियों से जूझना पढ़ेगा; जैसे-सुरक्षा, रात में अंधेरे की समस्या, स्वास्थ्य, मेडीकल की सुविधाएँ। इसके अलावा श्री राम की तरह हममें दृढ़ इच्छा शक्ति का अभाव है। अगर राम की तरह दृढ़ इच्छाशक्ति हो तो वन में रहना कुछ आसान हो जाता। वन में हमें कुछ आवश्यक खाने-पीने की वस्तुएँ तो अवश्य मिल जाएँगी। उन चीजों से दैनिक गुजारा करते।

प्रश्न 4.
आपको लक्ष्मण के चरित्र से क्या प्रेरणा मिलती है?
उत्तर-
लक्ष्मण का चरित्र-मातृ-प्रेम और सेवा भावना से ओतप्रोत है। हलाँकि लक्ष्मण को वनवास नहीं मिला था, फिर भी उन्होंने अपने बड़े भाई की सेवा में अपनी पूरी जिंदगी लगा दी। लक्ष्मण ने राम-सीता को आदर्श मानकर उनकी सेवा बड़े लगन से की। उनके चरित्र से हमें मातृत्व प्रेम, सेवा, समर्पण, कर्तव्य, पालन की प्रेरणा मिलती है।

प्रश्न 5.
राम के वन-गमन के बाद अयोध्या में क्या-क्या हुआ?
उत्तर-
राम के वन जाने के बाद भरत को तुरंत अयोध्या लाने के लिए घुड़सवार दूत रवाना किए गए। अयोध्या नगरी का माहौल बदल गया। सड़कें चारों तरफ सूनी दिखने लगीं। बाग-बगीचों में भी उदासी छा गई। राजा दशरथ राम के वियोग से चल बसे। भरत जब ननिहाल से लौटकर अयोध्या आए तो उन्हें राम के वन-गमन और राजा दशरथ की मृत्यु का पता चला। भरत ने अयोध्या की गद्दी पर बैठने से इनकार कर दिया तथा उन्होंने माता कैकेयी को भला-बुरा कहा। मुनि वशिष्ठ ने भरत को सलाह दी कि सिंहासन खाली नहीं रहना चाहिए, पर वे नहीं माने। उन्होंने राम को वन से वापस अयोध्या लाने का निश्चय किया।

प्रश्न 6.
तुम हनुमान को किस रूप में देखते हो?
उत्तर-
हम हनुमान को एक राम का शुभचिंतक एवं आदर्श सेवक के रूप में देखते हैं। हनुमान का जीवन नि:स्वार्थ सेवा का अनुपम उदाहरण है। हनुमान ने बिना किसी स्वार्थ के जीवनभर सुग्रीव तथा राम-सीता की सेवा की। उनकी सेवा भक्ति पराकाष्ठा थी। उनके क्रियाकलाप हमें सेवा भावना की प्रेरणा देते हैं।

प्रश्न 7.
यदि राजा दशरथ कैकेयी की प्रार्थना को स्वीकार नहीं करते तो क्या होता? अनुमान से बताओ?
उत्तर-
यदि राजा दशरथ कैकेयी की प्रार्थना स्वीकार नहीं करते तो राम का राज्याभिषेक होता। राम को अयोध्या की जनता अपना योग्य शासक मानती थी। राम के गद्दी सँभालने से वहाँ की प्रजा खुशहाल होती तथा उनमें उदासी नहीं छाती। वहाँ की सुख समृद्धि बढ़ती।

प्रश्न 8.
क्या अपने माता-पिता के लिए तुम्हें कुछ करने का मौका मिला है?
उत्तर-
हाँ, मुझे छोटे-मोटे कामों को करने का माता-पिता के लिए कई अवसर मिलते रहते हैं। मैंने उनके कई बार आदेशों का पालन किया है। माता-पिता को प्रसन्न करना ईश्वर को प्रसन्न करने के समान है। माता-पिता को सबसे अधिक खुशी तब होती है जब बच्चे अपने कर्तव्य का सही पालन करें। बच्चे सही शिक्षा प्राप्त करें।

दीर्घ उत्तरीय प्रश्न

प्रश्न 1.
राम कथा का कौन-सा प्रसंग तुम्हें सबसे रोचक लगा? उसे अपने शब्दों में लिखिए।
उत्तर-
हमें राम कथा का लंका-विजय प्रसंग सबसे अच्छा लगा। लंका पर आक्रमण करने से पूर्व उसकी पूरी तैयारी कर ली गई थी। सुग्रीव ने युद्ध के लिए वानरी सेना को कहा। उन्होंने कहा कि वही वानर सेना में युद्ध के लिए जाएँगे जो शारीरिक और मानसिक रूप से स्वस्थ हैं। वानरी सेना का शोर सुनकर राक्षसी सेना में भय पैदा हो गया। विभीषण ने देखा कि राक्षस सेना डरी हुई है। डरी हुई सेना कभी युद्ध नहीं जीत सकती। इसलिए विभीषण ने रावण को समझाने का प्रयास किया, पर रावण ने उनकी एक बात नहीं सुनी। अंगद ने भी राम का दूत बनकर रावण को काफ़ी समझाने का प्रयास किया, फिर भी रावण नहीं माना। अंत में राम और रावण की सेना में घमासान युद्ध हुआ। रावण के कई बलशाली राक्षस मारे गए।

महाबली, धूम्राक्ष, वज्रद्रष्ट, अकंपन भी युद्ध में धराशायी हो गए। मेघनाद और कुंभकर्ण भी मारे गए। लक्ष्मण ने महल में घुसकर मेघनाद का पीछा किया और उसे मार गिराया। रावण भी नहीं बच पाया। इस प्रकार रावण का अंत हुआ तथा राम की लंका पर विजय हुई। राम की चारों तरफ जय-जयकार होने लगी। सभी राक्षस मारे गए। राम ने सभी वानरी सेना का आभार प्रकट किया। विभीषण का राजतिलक किया गया और सीता को अशोक वाटिका से लाने की व्यवस्था की गई।

प्रश्न 2.
मंथरा ने रानी कैकेयी को कौन-कौन से तर्क देकर उनकी सोच बदल दी?
उत्तर-
मंथरा ने रानी कैकेयी को भय दिखाते हुए कहा कि राम के राजा बन जाने से तुम्हारे सुखों का अंत हो जाएगा। राजा दशरथ ने तुम्हारे अधिकार छीनने का षड्यंत्र रचा है। इसलिए जान-बूझकर भरत को ननिहाल भेज दिया है। इतना ही नहीं उसे राज याभिषेक के उत्सव पर भी नहीं बुलाया गया। मंथरा के इन तर्को का जब रानी कैकेयी पर कोई प्रभाव नहीं पड़ा तो वह रानी कैकेयी के पलंग पर उनके निकट बैठ गई और कहने लगी-“तुम नादान हो। तुम्हें निकट आया संकट दिखाई नहीं देता। राम के राजा बन जाने से तुम कौशल्या की दासी बन जाओगी।

भरत राम के दास हो जाएँगे। राम के बाद अगला राजा राम का पुत्र ही होगा। भरत कभी राजा नहीं बन पाएँगे।” मंथरा ने कैकेयी से कहा-‘”राम को राज मिला तो भरत को देश निकाला दे देंगे। इस तिस्कार से भरत की रक्षा करो। मंथरा के इन तर्को से रानी कैकेयी की सोच बदल गई।”

प्रश्न 3.
रावण-वध क्या शिक्षा देता है?
उत्तर-
रावण-वध से हमें यह शिक्षा मिलती है कि बुराई का अंत अवश्य होता है। रावण बुराई का प्रतीक था। राम ने उसका वध कर समाज को उसके आतंक एवं अन्याय से मुक्त कराया। राम ने सीता का हरण करके स्त्रियों के प्रति अपनी सहिष्णुता का परिचय दिया था। वह विभीषण के प्रति निर्मम था। उसका संहार तो होना आवश्यक था। इसलिए रावण वध हमारे मत अनुसार सही प्रतीत होता है।

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CHAPTER 2: Issue and Redemption of Debentures NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Issue and Redemption of Debentures.:

Question1: Which of the following statements is true?

a) A debenture issued at a discount can be redeemed at a premium
b) A debenture holder is an owner of the company
c) A debenture holder can get his money back only on the liquidation of the company
d) A debenture holder receives interest only in the event of profits

Answer: A debenture issued at a discount can be redeemed at a premium

Question2: Which of the following statements is false?

a) Debentures cannot be secured
b) A company can issue convertible debentures
c) A company can issue redeemable debentures
d) Debentures have no right to participate in profits over and above their fixed interest

Answer: Debentures cannot be secured

Question3: Perpetual debentures are also known as

a) Irredeemable debentures
b) Secured Debentures
c) Unsecured Debentures
d) None of the options

Answer: Irredeemable debentures

Question4: Debenture premium cannot be used to

a) Pay dividends
b) Write off the discount on issue of shares or debentures
c) Write off the premium on redemption of shares or debentures
d) Write off capital loss

Answer: Pay dividends

Question5: Loss on issue of debentures is treated as

a) Miscellaneous expenditure
b) Intangible asset
c) Current asset
d) Current liability

Answer: Miscellaneous expenditure

Question6: Secured Debentures is known as

a) Mortgage debentures
b) Naked debentures
c) Unsecured Debentures
d) None of the options

Answer: Mortgage debentures

Question7: Unsecured Debentures is known as

a) Simple or Naked debentures
b) Mortgage debentures
c) Secured Debentures
d) None of the options

Answer: Simple or Naked debentures

Question8: Which of the following is not true about debenture stock:

a) Debenture stock are identified by their distinct number
b) It must be fully paid.
c) Debenture Stock can be transferred in fraction.
d) None of the options

Answer: Debenture stock are identified by their distinct number

Question9: Which is an agreement between the company and the trustees to look after the interest of debenture holders.

a) Debenture trust deed
b) Partnership deed
c) Both
d) None of the options

Answer: Debenture trust deed

Question10: A company can not issue

a) Debentures with voting rights
b) Share
c) Debentures
d) None of the options

Answer: Debentures with voting rights

Question11: Which of the following is not a characteristic of Bearer Debentures?

a) Their transfer requires a deed of transfer
b) They are treated as negotiable instruments
c) They are transferable by mere delivery
d) The interest on it is paid to the holder irrespective of identity

Answer: Their transfer requires a deed of transfer

Question12: Which of the following is/are true with respect to debentures?

a) Both
b) They can be issued for cash
c) They can be issued for consideration other than cash
d) None of the options

Answer: Both

Question13: When debentures are issued as collateral security, the final entry for recording the transaction in the books is

a) Debit debenture suspense a/c. and credit debentures a/c.
b) Credit debentures a/c. and debit cash a/c.
c) Debit debenture suspense a/c. and credit cash a/c.
d) None of the options

Answer: Debit debenture suspense a/c. and credit debentures a/c.

Question14: Which of the following is false with respect to debentures?

a) They can be issued in lieu of dividends
b) They can be issued for cash
c) They can be issued for consideration other than cash
d) They can be issued as collateral security

Answer: They can be issued in lieu of dividends

Question15: Which of the following is true with regard to 10% Debentures issued at a discount of 20%

a) The face value and the carrying amount of debentures are equal.
b) The carrying amount of debentures gets reduced each year at a rate of 20%
c) Issue price and the carrying amount of debentures are equal
d) At the time of redemption, the debenture holder will be paid the issue price

Answer: The face value and the carrying amount of debentures are equal.

Question16: Which of the following statements is false?

a) The issue price and redemption value of debentures cannot differ.
b) Debenture is a form of public borrowing
c) It is customary to prefix debentures with the agreed rate of interest
d) Debenture interest is a charge against profits

Answer: The issue price and redemption value of debentures cannot differ.

Question17: As per the Companies Act, Interest accrued and due on debentures should be shown Under

a) Debentures.
b) Capital
c) Shares
d) None of the options

Answer: Debentures.

Question18: Which of the following is false?

a) Interest on debentures is an appropriation of profits.
b) Equity is owners stake and the debenture is a debt
c) Rate of interest on debentures is fixed
d) Debenture holders get preferential treatment over the equity holders at the time of liquidation

Answer: Interest on debentures is an appropriation of profits.

Question19: Discount on issue of debentures is a

a) Capital loss to be written off over the tenure of the debentures
b) Revenue loss to be charged in the year of issue
c) Capital loss to be written off from capital reserve
d) Capital loss to be shown as goodwill

Answer: Capital loss to be written off over the tenure of the debentures

Question20: Debentures are shown in the balance sheet of a company under the head of

a) Non current Liabilities
b) Current Liabilities
c) Share Capital
d) None of the options

Answer: Non current Liabilities

Question21: When debentures are issues at discount , the discount should be written off

a) During the life of the debentures
b) In the year of the issue of debentures
c) Within 5 years of the issue of the debentures
d) None of the options

Answer: During the life of the debentures

Question22: Debenture holder are

a) The creditors of the company
b) The owners of the company
c) The vendors of the company
d) None of the options

Answer: The creditors of the company

Question23: Debenture interest is paid

a) At a pre determined rate
b) At variable rate
c) 25% of Profit
d) None of the options

Answer: At a pre determined rate

Question24: At the time of issue of debentures , debenture Account is

a) Credited by the face value of debentures
b) Credited by the Amount received
c) Credited by the issue price of debentures
d) None of the options

Answer: Credited by the face value of debentures

Question25: Discount or loss on issue of debentures to be written of within after 12 months from the date of balance sheet or after the period of operating cycle is shown as

a) Other Non current Assets
b) Other Current assets
c) Other Current Liabilities
d) None of the options

Answer: Other Non current Assets

Question26: Discount or loss on issue of debentures to be written of within 12 months from the date of balance sheet or within the period of operating cycle is shown as

a) Other Current assets
b) Other Non current Assets
c) Other Current Liabilities
d) None of the options

Answer: Other Current assets

Question27: Debenture is a

a) Long term Loan
b) Short term loan
c) Dividend
d) None of the options

Answer: Long term Loan

Question28: Which does not have possess the voting right

a) Debenture Holder
b) Share Holder
c) Both
d) None of the options

Answer: Debenture Holder

Question29: A written promise for a debt by a company under its seal which contains the terms and conditions regarding the amount of loan

a) Debenture
b) Share
c) Capital
d) None of the options

Answer: Debenture

Question30: Debenture holders are entitled the right to receive

a) Interest
b) Dividend
c) Both
d) None of the options

Answer: Interest

Question31: Debentures of a Company can be issued :

a) For Cash

b) For Consideration other than Cash

c) As a Collateral Security

d) Any of the above

Answer: D

Question32: On issue of debentures as a collateral security, which account is credited?

a) Debentures Account

b) Bank Loan Account

c) Debenture Holdings Account

d) Debenture Suspense Account

Answer: A

Question33: Debentures issued as collateral security will be debited to :

a) Bank Account

b) Debentures Suspense Account

c) Debentures Account

d) Bank Loan Account

Answer: B

Question34: On liquidation of company, principal amount of debentures is returned :

a) First of All

b) Last of All

c) Before Equity Capital

d) After Equity Capital

Answer: C

Question35: Which of the following statements is false?

a) Debenture is a form of public borrowing.

b) It is customary to prefix debentures with the agreed rate of interest.

c) Debenture interest is a charge against profits.

d) The issue price and redemption value of debentures cannot differ.

Answer: D

Question36: Which of the following is not a characteristic of Bearer Debentures?

a) They are treated as negotiable instruments.

b) Their transfer requires a deed of transfer.

c) They are transferable by mere delivery.

d) The interest on it is paid to the holder irrespective of identity.

Answer: B

Question37: When debentures are to be redeemed at premium an extra entry has to be made at the time of issue of debentures, which a/c should be credited in this entry?

a) Loss on issue of debentures a/c

b) Debenture redemption premium a/c

c) Bank a/c

d) Debenture holder’s a/c

Answer: B

Question38: Premium on Redemption of Debentures Account is :

a) Personal Account

b) Real Account

c) Nominal Account

d) All of the Above

Answer: A

Question39: Debenture interest is paid

a) at a predetermined rate.

b) at variable rate.

c) at a rate based on net profit of the company.

d) at a rate as determined by the company from time to time.

Answer: A

Question40: At the time of issue of debentures, Debentures Account is

a) credited by the amount received.

b) credited by the issue price of the debentures.

c) credited by the nominal (face) value of the debentures.

d) None of the above.

Question41: X Ltd. acquired assets of Rs.20 lakhs and took over creditors of Rs.20 thousand from LLtd. XLtd. issued 8% debentures of Rs.200 each at a discount of 10% as purchase consideration. Number of debentures issued will be :

a) 11,000

b) 9,000

c) 10,000

d) 10,100

Answer: A

Question42: Globe Ltd. issues 20,000, 9% debentures of Rs. 100 each at a discount of 5% redeemable at the end of 5 years at a premium of 6%. For what amount ‘Loss on Issue of Debentures Account’ will be debited?

a) Rs. 1,00,000

b) Rs. 1,20,000

c) Rs.2,80,000

d) Rs.2,20,000

Answer: D

Question43: Issued 5,000, 12% debentures of Rs. 100 each at a discount of 2%, redeemable at a premium of 5%. In such case :

a) Loss on Issue will be Credited by Rs. 10,000.

b) Loss on Issue will be debited by Rs.35,000.

c) Premium on Redemption will be debited by Rs.25,000.

d) Premium on Redemption will be credited by Rs.35,000.

Answer: B

Question44: Issued 4,000, 12% debentures of Rs. 100 each at a premium of 4%, redeemable at a premium of 10%. In such case :

a) Loss on Issue will be debited by Rs.24,000

b) Loss on Issue will be debited by Rs.56,000

c) Loss on Issue will be debited by Rs.40,000

d) Premium on Redemption will be credited by Rs.24,000

Answer: C

Question45: When debentures are issued at a discount, the discount is written off

a) after debentures have been redeemed.

b) in the year when debentures are issued,

c) during the life of the debentures.

d) None of these.

Answer: B

Question46: Interest on Debentures is paid on

a) Amount received on Issue.

b) Nominal (Face) Value.

c) On Premium.

d) None of these.

Answer: B

Question47: Which of the following statements is false?

a) At maturity, debenture holders get back their money.

b) Debentures can be forfeited for non-payment of call money.

c) In company’s balance sheet, debentures are shown under the head Long term Borrowings.

d) Interest on debentures is a charge against profits.

Answer: B

Question48: Which of the following statements is false :

a) A Company can issue redeemable debentures.

b) A Company can issue debentures with voting rights.

c) A Company can issue convertible debentures.

d) A Company can buy its own debentures and shares.

Answer: B

Question49: The Principal amount of debentures will be repaid by the company either at the end of a specified period or by instalments during the life time of the company. Such types of debentures are called :

a) Redeemable Debentures

b) Irredeemable Debentures

c) Convertible Debentures

d) Bearer Debentures

Answer: A

Question50: If Vendors are issued debentures of Rs.4,40,000 in consideration of assets of Rs. 5,00,000 and liabilities of Rs. 1,00,000, the balance of Rs.40,000 will be debited to:

a) General Reserve Account

b) Capital Reserve Account

c) Goodwill Account

d) Statement of Profit & Loss

Answer: C

Question51: A Ltd. issued 1,000, 10% debentures of Rs. 100 each at a premium of 5%. What will be the total amount of interest for one year :

a) Rs. 10,500

b) Rs. 10,000

c) Rs. 5,250

d) Rs. 5,000

Answer: B

Question52: The amount of debenture is returned to the holders at the end of

a) Predetermined maturity period

b) Company

c) Current Year

d) None of the options

Answer: Predetermined maturity period

Question53: A debenture of company possesses the characteristics

a) All of the options

b) Written promise

c) Face value

d) Rate of interest

Answer: All of the options

Question54: Debenture is redeemable (payable) at a fixed and specified period of time which is called

a) Maturity period.

b) Long Term Loan Period

c) Short Term Loan Period

d) None of the options

Answer: Maturity period.

Question55: At the time of liquidation, first priority is given to the at the time of repayment.

a) Debenture Holder

b) Share Holder

c) Both

d) None of the options

Answer: Debenture Holder

Question56: Person holding debenture is known as

a) Debenture Holder

b) Share Holder

c) Both

d) None of the options

Answer: Debenture Holder

Question57: The interest paid on debentures is a

a) Charge against profit

b) Net Profit

c) Reserve & Surplus

d) None of the options

Answer: Charge against profit

Question58: Which are can be converted into equity shares of the issuing company after a predetermined period of time

a) Convertible debentures

b) Non convertible debentures

c) Secured Debenture

d) Unsecured Debentures

Answer: Convertible debentures

Question59: Convertible debentures can be

a) Both

b) Partly Convertible Debentures

c) Fully convertible Debentures

d) None of the options

Answer: Both

Question60: X Co Ltd purchased assets worth RS 28,80,000. It issued debentures of Rs. 100 each at a discount of 4% in full satisfaction of the purchase consideration. The number of debentures issued to vendor is

a) Rs. 30,000

b) Rs.32,000

c) Rs.35,000

d) None of the options

Answer: Rs. 30,000

Question61: Discount on issue of debentures is shown under the following head in the Balance Sheet

a) Miscellaneous expenditure

b) Profit and loss account

c) Debentures account

d) All of the options

Answer: Miscellaneous expenditure

Question62: When debentures are issued at par and are redeemable at a premium, the loss on such an issue debited to

a) Loss on issue of debentures account

b) Profit and loss account

c) Profit and loss account

d) None of the options

Answer: Loss on issue of debentures account

Question63: Excess value of net assets over purchase consideration at the time of purchase of business is credited to

a) Capital reserve

b) General reserve

c) Vendors account

d) None of the options

Answer: Capital reserve

Question64: When all the debentures are redeemed, balance in the debentures redemption fund account is transferred to

a) General reserve

b) Capital reserve

c) Capital reserve

d) None of the options

Answer: General reserve

Question65: Own debentures are those debentures of the company which

a) The company purchase from the market and keeps them as investments

b) The company allots to its own promoters

c) The company allots to its own promoters

d) All of the options

Answer: The company purchase from the market and keeps them as investments

Question66: Profit on cancellation of own debentures is transferred to

a) Capital reserve

b) Profit and loss appropriation account

c) Debenture redemption reserve

d) None of the options

Answer: Capital reserve

Question67: When debentures are redeemed out of profits, an equal amount is transferred to

a) Debenture redemption reserve

b) General reserve

c) Capital reserve

d) All of the options

Answer: Debenture redemption reserve

Question68: Profit on sale of debenture redemption fund investments in the first instance is credited to

a) Debenture redemption fund account

b) Profit and loss appropriation account

c) General reserve account

d) None of the options

Answer: Debenture redemption fund account

Question69: Debentures which can be transferred by way of delivery and the company does not keep any record of the debenture holders

a) Bearer Debenture

b) Simple or Naked debentures

c) Mortgage debentures

d) Secured Debentures

Answer: Bearer Debenture

Question70: When debentures are issued at a discount and are redeemable at a premium, which of the following accounts is debited at the time of issue

a) Loss on issue of debentures account

b) Debentures account

c) Premium on redemption of debentures account

d) None of the options

Answer: Loss on issue of debentures account

Question71: The balance of sinking fund investment account after the realisation of investments is transferred to

a) Sinking fund account

b) Profit and loss account

c) Debentures account

d) None of the options

Answer: Sinking fund account

Question72: Issue of Debenture at more than face value, Called

a) Issue of debenture at premium

b) Issue of debenture at par

c) Both

d) None of the options

Answer: Issue of debenture at premium

Question73: Debentures can be issued

a) Both

b) Issue of debenture at premium

c) Issue of debenture at par

d) None of the options

Answer: Both

Question74: Loss on issue of debenture is written off each year in proportion to amount of debenture which reduces with every instalment paid, Called

a) Proportion Method

b) Equal instalment method

c) Both

d) None of the options

Answer: Proportion Method

Question75: When debentures are redeemed after fixed period here loss is spread equally over life of debenture therefore called

a) Equal instalment method

b) Proportion Method

c) Both

d) None of the options

Answer: Equal instalment method

Question76: The loss on issue of debentures is fictitious asset and shown in Balance Sheet

a) Assets side

b) Liabilities Side

c) Both

d) None of the options

Answer: Assets side

Question77: Insert on Debentures is calculated

a) At a fixed rate on its face value

b) At a fixed rate on its Par value

c) At a average rate on its Par value

d) None of the options

Answer: At a fixed rate on its face value

Question78: Insert on Debentures is

a) Change in Profit

b) Charge on profit

c) Both

d) None of the options

Answer: Change in Profit

Question79: Debenture Application Account is a

a) Personal Account

b) Real Account

c) Nominal Account

d) None of the options

Answer: Personal Account

Question80: Debenture Allotment Account is a.

a) Personal Account

b) Nominal Account

c) Real Account

d) None of the options

Answer: Personal Account

Question81: Premium on Redemption of Debentures Account is

a) Personal Account

b) Real Account

c) Capital A/c

d) None of the options

Answer: Personal Account

Question82: On 1st April 2007, Sunrise Limited issued 5,000, 8% debentures of Rs. 100 each at a discount of 5%. What will be the total amount of interest for the year ending 31st March 2008?

a) Rs.38,000

b) Rs.42,000

c) Rs.40,000

d) Rs.25,000

Answer: C

Question83: Luxor Pens Ltd. issued 10,000,7% Debentures of Rs. 100 each at a discount of Rs. 4 redeemable at a premium of Rs. 6. It will write off Loss on Issue of Debentures

a) from Securities Premium Reserve.

b) from Statement of Profit and Loss.

c) from General Reserve.

d) None of these.

Answer: B

Question84: Which of the following statement is Correct?

a) A debentureholder is an owner of the company.

b) A debentureholder can get his money back only on the liquidation of the company.

c) A debenture issued at a discount can be redeemed at a premium.

d) A debentureholder receives interest only in the event of profits.

Answer: C

Question85: In the Balance Sheet of a company, interest accrued and due on debentures is shown under the main head

(a) Share Capital.

(b) Reserves and Surplus.

(d) Non-current Liabilities.

Answer: C

Question86: Debenture holders are :

a) Owners of the Company

b) Debtors of the Company

c) Creditors of the Company

d) Promoters of the Company

Answer: C

Question87: Debentures represent the :

a) Long-term Borrowings of a Company

b) The Investment of Equity-Shareholders

c) Directors’ shares in a company

d) Short-term Borrowings of a Company

Answer: A

Question88: Zero Coupon Bonds are issued :

a) At Zero Interest Rate

b) With Specified Rate of Interest

c) Without Specified Rate of Interest

d) None of These

Answer: C

Question89: X Ltd. purchased a building for Rs.60,00,000 payable as 20% in Cash and balance by allotment of 8% debentures of Rs.500 each at a premium of 20%. Number of debentures issued will be :

a) 9,600

b) 8,000

c) 12,000

d) 10,000

Answer: B

Question90: Sunrise Ltd purchased a building for Rs.5,00,000 payable as 15% in cash and balance by allotment of 9% debentures of Rs. 100 each at a premium of 25%. Number of debentures issued will be :

a) 4,250

b) 4,000

c) 5,000

d) 3,400

Answer: D

Question91: If Vendors are issued debentures of Rs.80,000 in consideration of net assets of Rs. 1,00,000, the balance of Rs.20,000 will be credited to :

a) Statement of Profit & Loss

b) Goodwill Account

c) General Reserve Account

d) Capital Reserve Account

Answer: D

Question92: The debentures whose principal amount is not repayable by the company during its life time, but the payment is made only at the time of Liquidation of the company, such debentures are called :

a) Bearer Debentures

b) Redeemable Debentures

c) Irredeemable Debentures

d) Non-Convertible Debentures

Answer: C

Question93: Debenture Application Account is in the natutre of

a) Real Account

b) Personal Account

c) Nominal Account

d) None of the above

Answer: B

Question94: Discount on issue of Debentures is in the nature of

a) Revenue loss

b) Capital loss

c) Deferred Revenue Expenditure

d) None of the above

Answer: B

Question95: Debentures are part of

a) Shareholders’Funds.

b) Borrowed Funds.

c) Borrowings from Bank.

d) None of these.

Answer: B

Question96: Debentures are shown in the Balance Sheet of a company under the head of

a) Non-current Liabilities.

b) Current Liabilities.

c) Share Capital.

d) None of these.

Answer: A

Question97: Debentureholders are

a) owners of the company.

b) lenders of the company.

c) vendors of the company.

d) customers of the company.

Answer: B

Question98: When debentures of Rs. 1,00,000 are issued as Collateral Security against a loan of Rs. 1,50,000, the entry for issue of debentures will be :

a) Credit Debentures Rs. 1,50,000 and debit bank A/c Rs. 1,50,000

b) Debit Debenture Suspense A/c Rs. 1,00,000 and Credit Bank A/c Rs. 1,00,000

c) Debit Debenture Suspense A/c Rs. 1,00,000 and Credit Debentures A/c Rs. 1,00,000.

d) Debit Cash A/c Rs. 1,50,000 and Credit Bank A/c Rs. 1,50,000

Answer: C

Question99: Interest on debentures issued as a collateral security is paid on :

a) Nominal value of debentures

b) No interest is paid

c) Face value of debentures

d) Paid up value of debentures

Answer: B

Question100: Loss on Issue of Debentures is written off:

a) In the year of the issue of debentures

b) During the life of the debentures

c) Within 3 years of the issue of debentures

d) In the year of redemption of debentures

Answer: A

Question101: Which of the following is Correct with respect to debentures?

a) They can be issued on credit.

b) They can be issued for consideration other than cash.

c) They cannot be issued as collateral security.

d) They can be issued partly on credit and partly in cash.

Answer: B

Question102: Discount on issue of debentures account is a

a) Fictitious Asset
b) Current Asset
c) Fixed Asset
d) Current liability

Answer: Fictitious Asset

Question103: Securities Premium received on debentures is a

a) Capital Profit
b) Current Asset
c) Capital Loss
d) None of the options

Answer: Capital Profit

Question104: Shareholders get dividend, Debenture holders will get

a) Interest
b) Shares
c) Bonus
d) Profit

Answer: Interest

Question105: Debenture is acknowledgment of debt and a contract for the repayment of principal amount with

a) Interest
b) Premium
c) Dividend
d) None of the options

Answer: Interest

Question106: debentures can be issued under the ________ of company

a) Common seal
b) Rules & Principles
c) Companies Act
d) None of the options

Answer: Common seal

Question107: A debenture is

a) An external equity
b) Owners equity
c) An internal equity
d) Payment of Profit

Answer: An external equity

Question108: At the time of liquidation the payment to debenture holders is made on the priority bases before the

a) Payment of Share Capital
b) Payment of Dividend
c) Payment of Profit
d) Payment of Profit

Answer: Payment of Share Capital

Question109: A Company can issue its debentures a

a) All of the options
b) At Par
c) At Premium
d) At Discount

Answer: All of the options

Question110: Non-Convertible Debentures

a) Cannot be converted into shares
b) Cannot be redeemed
c) Cannot not be issued
d) None of the options

Answer: Cannot be converted into shares

Question111: Debenture holders do not have right for

a) All of the options
b) Dividend
c) Profit
d) Voting Right

Answer: All of the options

Question112: When a company issue its debentures at discount, the amount of discount is considered as a:

a) Capital loss
b) Normal Loss
c) Capital gain
d) Reserve & Surplus

Answer: Capital loss

Question113: Debenture forms part of

a) Loan
b) Capital
c) Fund
d) None of the options

Answer: Loan

Question114: Is payable even if there are no profits

a) Interest.
b) Dividend
c) Commission
d) Secured

Answer: Interest.

Question115: Debentures payable to a holder of certificate is called

a) Bearer.
b) Unregistered
c) Secured
d) None of the options

Answer: Bearer.

Question116: Debentures payable to person whose name appears both on Debenture Certificate and companys register is called

a) Registered.
b) Unregistered
c) Bearer
d) None of the options

Answer: Registered.

Question117: Debentures which have the charge on the property of the company is

a) Secured.
b) Unsecured
c) Registered
d) None of the options

Answer: Secured.

Question118: Debenture which are repayable only on the happening of an event of winding up is called

a) Both
b) Irredeemable
c) Perpetual
d) None of the options

Answer: Both

Question119: Types of debentures on the basis of security

a) Both
b) Secured debentures
c) Unsecured debentures
d) None of the options

Answer: Both

Question120: Types of debentures on the basis of redemption

a) Both
b) Redeemable
c) Non-Redeemable
d) None of the options

Answer: Both

Monthly Archives: January 2022

CHAPTER 3 : Reconstitution of a Partnership Firm — Admission of a Partner NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Reconstitution of a Partnership Firm — Admission of a Partner :

Question1: Sacrificing ratio is ascertained at the time of

Question2: share of goodwill brought in by new partner in cash is shared by old partners in

Question3: Excess of the credit side over the debit side of revaluation account

Question4: Balance sheet prepared after new partnership agreement, assets and liabilities are recorded at

Question5: Share of goodwill brought in by new partner in cash is called

Question6: Profit or loss on revaluation is borne by

Question:7 When the new partners pays for goodwill in cash, the amount should be debited in the firms book to

Question8: When is brought in cash by the new partner, then the method is known as

Question9: On the admission of a new partner, if goodwill account is to be raised then this should be debited to

Question10: When we use super profit Method for goodwill Valuation

Question11: Any change in agreement of partnership is called

Question12: Which circumstances a partnership firm may be reconstituted

Question13: At the time of admission of a new partner, Which adjustments are required

Question14: At the time of admission of a new partner, Which adjustments are required

Question15: Profit Sharing ratio is the ration in which the partners have agreed to share

Question16: In guarantee of profit, given to a partner

Question17: In the partnership, every partner has the right to

Question18: Which clause should be mentioned in partnership deed

Question19: in the absence of partnership deed, Interest on Capital and drawing to be

Question20: a partner may retire from firm

Question21: The interest on capital account of partners under the fluctuating capital account method credited to

Question22: In the absence of agreement to the contrary , partners share profit and losses in the

Question23: Partners Salary is debited to

Question24: Which items may appear on the credit side of the partners current account

Question25: If the partners capital account are fixed , Commission payable to partner will show

Question26: The firm number of partner increase

Question27: If partners capitals are fixed, premium for goodwill will be:

Question28: When the incoming partner pays his share of goodwill privately to the sacrificing partner outside the business Which account should be debited in the books of account

Question29: If a new partner is admitted during the year the profits for the year should be divided between ____ period on an agreed basis

Question30: Which of following account is prepared at the time of admission of a new partner?

CHAPTER 2: Accounting for Partnership: Basic Concepts NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Accounting for Partnership: Basic Concepts:

Question1: Goodwill can be classified into which categories

Question2: Super profit method is for goodwill valuation

Question3: Purchased Goodwill is

Question4: If the amount of super profit is negative , what does it indicate?

Question5: Which goodwill is recorded in books of accounts ?

Question6: When does need valuation of goodwill

Question7: Which Factors affecting the value of Goodwill :

Question8: Which Methods of valuation of goodwill

Question9: When sacrificing ratio is used

Question10: In which ratio the profit or loss on revaluation is shared by the old partners

Question11: Old profit sharing ratio- new profit sharing ratio is equal to

Question12: A new Partner can be admitted in the firm, When

Question13: When a partner does bring cash for goodwill, an account is raised at

Question14: When partners decide to show assets and liabilities at old value, Which accounts is opened

Question15: When Goodwill account is raised , then credit is given to old partners capital Account in

Question16: The valuation of goodwill is not necessary in sole trading

Question17: The profit of the last three years are 42000, 39000, 45000 Rs., Value of goodwill at two years purchase of the average profit will be

Question18: find the goodwill of firm using capitalisation method, the total capital employed in the firm 80000 Rs., reasonable rate of return 15%, Profit for the year 120000 Rs.

Question19: What do you mean by super profit

Question20: The excess of average profit over the normal profit is called

Question21: Weighted Average method of calculating goodwill is used when

Question22: The monetary value of reputation of the business is called

Question23: When the value of goodwill is not given at the time of admission of a new partner, it IS inferred from the capital of the new firm and profit sharing ratio. This concept is called

Question24: Why new partner needs to bring goodwill?

Question25: The balance of revaluation A/c is transferred to old partners capital account in their

Question26: Interest on partners capital is calculated on

Question27: Account is prepared only one time in during the life of firm

Question28: Revaluation account is prepared on

Question29: Goodwill can be classified into which categories

Question30: When a partner does bring cash for goodwill, an account is raised at

CHAPTER 1: Accounting for Not-for-Profit Organisation NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Accounting for Not-for-Profit Organisation:

CHAPTER 6: Cash Flow Statement NCERT MCQ CLASS 12TH ACCOUNTS | EDUGROWN

NCERT MCQ ON Cash Flow Statement:

Question1: Sale of Copyrights is concerned with_______

Question2: Dividend Received is concerned with_________

Question3: Refund of income tax is the part of

Question4: Rent received is classified under

Question5: In indirect method, Which is used to calculate the amount of net cash flow from operating activities

Question6: Which activities are the same for Computation of Direct and indirect method

Question7: The main difference in direct and indirect method is to calculate the

Question8: Which is the Method for the preparation of cash flow statement

Question9: How many methods for the preparation of cash flow statement

Question10: A cash flow statement is also prepared to determine the

Question11: The most important objective of cash flow statement is that helps to ascertain the and outflows of cash and from

Question65: The word fund means the difference of _ and _