CSEET ALL SUBJECTS 1000 MCQ - CS ASPIRANT
Current
Affairs
CHAPTER-1
1. Give an example pertinent______ the case.
(a) with
(b) on
(c) for
(d) to
2. The reward was not commensurate_______the work done by
us.
(a) for
(b) on
(c) with
(d) order
3. Supposedly, digital voice discs, or DVDs as they are
called, are _____ resistant to
scratching____ records
(a) much / than
(b) so / as
(c) such / that
(d) far more / than
4. English is today the third ________ native language
worldwide after Chinese and Hindi, with
some 380 million speakers.
(a) the most spoken
(b) the more spoken
(c) most spoken
(d) the least spoken
5. No clinical studies _____ in this child disease research
so far.
(a) had completed
(b) have been completed
(c) have completed
(d) had to complete
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6. I don't know why she didn't ask me how to do it as I
_______ her.
(a) must have helped
(b) could have helped
(c) might help
(d) should have helped
7. We all think that Maria ________ an interesting person to
meet as we _______ a lot of stories
about her so far.
(a) is / had heard
(b) can be / heard
(c) might have been / hear
(d) would be / have heard
8. Mike has been told he will have to pay the fine ________
his high rank in the military.
a) even if
b) furthermore
c) on grounds that
d) despite
9. In the following sentence a part of the sentence may have
an error. Find out which part of the
sentence has an error.
(a) in pouring rain
(b) without either raincoats non umbrella
(c) no error
(d) We got caught
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D C D C B B D D C
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CHAPTER-2
1. Choose the word which is similar in meaning to the
keyword given in capital letters
CONFERRED
(a) Offered
(b) Divulged
(c) Damaged
(d) Advised
2. Choose the word which is opposite in meaning to the
keyword given in capital letters
INCLEMENT
(a) Pleasant
(b) Stormy
(c) Feeble
(d) Dignified
3. Pick the most effective word from the given words to fill
in the blank to make the sentence
meaningfully complete The proud king turned a deaf ear to
the ____ of wise counsellors.
(a) Advices
(b) Advises
(c) Advise
(d) Advice
4. Choose the words that best fits in the meaning of
sentence He warned the workers against
supporting these antisocial policies, which he declared
would ____rather than _____ the plight of
the common people
(a) Rescue; Destroy
(b) Encourage; Defy
(c) Aggravate; Alleviate
(d) Empower; Improve
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5. Use one word substitution for: A contagious disease which
spreads over a huge area.
(a) Atheist
(b) Flora
(c) Epidemic
(d) Hangar
6. In each of the following question, a related pair of
words or phrases is followed by four lettered
pairs of words or phrases. Select the lettered pair that
best expresses a relationship similar to the
one expressed in the original pair. Lying: Perjury
(a) Statement: Testimony
(b) Seeing : Observing
(c) Taking: Stealing
(d) Eating: Dining
(e)
7. Subsequent: Previous
(a) Significant: Inconsequential
(b) Retrospect: Retrospective
(c) Visionary: Seer
(d) Caption: Legend
Choose the correct synonym out of the four choices
8. Lethargy
(a) serenity
(b) listlessness
(c) impassivity
(d) laxity
9. Sporadic
(a) epidemic
(b) whirling
(c) occasional
(d) stagnant
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Select the correct meaning of the italicized idioms and
phrases out of the four choices given.
10. He burnt his fingers by interfering in his neighbour’s
affair.
(a) got himself into trouble
(b) burnt himself
(c) got himself insulted
(d) got rebuked
11. For the first week, the apprentice felt like a fish out
of water.
(a) frustrated
(b) homeless
(c) disappointed
(d) uncomfortable
Given below are few commonly used foreign language phrases,
select the correct answerfrom the
four options given below:
12. Mala fide
(a) generous
(b) bad intention
(c) trustworthy
(d) genuine
13. pro rata
(a) according to rate or proportion
(b) a summary or curriculum vitae
(c) point by point
(d) for the good of the public
14. A persuasive message will fail if
(a) it does not focus on what is in it for the reader
(b) it only lists facts
(c) it moves too slowly
(d) all of the above
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A A A B C A A D C A D B A D
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CHAPTER-3
1. One or more of the sentence(s) is/are grammatically
incorrect. You have to identify the incorrect
sentence(s).
I. It began with acquisitions in information technology and
related services sector.
II. In pharmaceuticals, Wockhardt has bought C.P. Pharma of
the United Kingdom for
$ 10.85 million.
III. Tata Tea has taken over Tetley of the UK, the world’s
biggest tea bag maker, for $
430 million.
IV. With the processes, it has become the world’s second
largest tea company.
(a) II and IV
(b) IV only
(c) II and III
(d) I, II and IV
2. One or more of the sentence(s) is/are grammatically
incorrect. You have to identify the incorrect
sentence(s).
I. There are two main reasons for that predatory mood.
II. Having established a domestic presence, the component
makers are now looking for an
international presence.
III. Second, having improved their productivity, quality and
reliability, Indian companies feel
more confident about spreading their wings abroad.
IV. Various other factors are being attributed to this
Indian penchant for the takeover game in
all sectors.
(a) I only
(b) I and II
(c) II only
(d) III and IV
3. One or more of the sentence(s) is/are grammatically
incorrect. You have to identify the incorrect
sentence(s).
I. Moving one by one step away from the expected with the
graphics and photography can
also create reader’s interest.
II. Try using a conceptual image or photo to highlight your
main message versus very first
thing to come to mind when thinking about your product of
services.
III. Another form of contrast is in the actual design.
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IV. An unusual fold in a brochure or direct mail piece can
add excitement.
(a) I and II
(b) II and III
(c) I and IV
(d) No error
4. One or more of the sentence(s) is/are grammatically
incorrect. You have to identify the incorrect
sentence(s).
I. The typeface that you choose for your print project is an
important piece of the foremost
overall design process.
II. First, narrow down your choice by selecting the tone you
want to present. (III) Typefaces
can convey personality.
III. For instance, if you are in the banking industry you
might choose a classic serif font, such
as Garamond, to convey dependability.
(a) I only
(b) II only
(c) III only
(d) IV only
5. One or more of the sentence(s) is/are grammatically
incorrect. You have to identify the incorrect
sentence(s).
I. Readability is crucial.
II. Be sure of the font we choose is legible and logical.
III. With all of the newest and interesting typefaces
available today, it is tempting to
pick one that you think looks “cool”.
IV. This can work if you are going for an edgy look that
will appeal to a youngaudience,
but your copy still needs to be easily understood.
(a) I and IV
(b) II only
(c) III only
(d) II and III
6. Unless he …………. this office , I will not say anything.
(a) Left
(b) Did not leave
(c) Leaves
(d) Had left
7. …………, I would help all the poor people.
(a) If I am rich
(b) If I was rich
(c) If I were rich
(d) In case I am rich.
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8. I .…….. the news an hour ago.
(a) Have heard
(b) Heard
(c) Was hearing
(d) Have been hearing
9. I waited for ………………………….. hour and then I went home.
(a) a
(b) an
(c) the
(d) No article
10. The boy is not interested in playing …………?
(a) Doesn’t he?
(b) Isn’t he?
(c) Didn’t he?
(d) Shouldn’t he?
11. He told us that we should never live beyond ……… means.
(a) His
(b) Their
(a) c) Our
(c) Her
12. May I request ……… you again to consider my case
favourably.
(a) To
(b) Onto
(c) Of
(d) No proposition required
13. Known as devout and serious person, she also has ……..
sense of humour.
(a) Better
(b) Quick
(c) Good
(d) Beautiful
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14. Galileo said, ’The Earth …….. around the sun’.
(a) Revolved
(b) Is revolving
(c) Revolves
(d) Is revolved
15. We ….. our work before the guests arrived at our house.
(a) Shall finish
(b) Have finished
(c) Had finished
(d) Shall have finished.
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B A A A D C B 8 9 B C D A C C
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CHAPTER -4
1. The Communication within the organisation is known
as________.
(a) Internal communication
(b) External communication
(c) Informal communication
(d) Verbal communication
2. When words are used in communication, either spoken or
written, this kind of communication is
known as:
(a) Verbal communication
(b) Non-verbal communication
(c) Upward communication
(d) Downward communication
3. Non-verbal communication does not include:
(a) Body language
(b) Sign language
(c) Para language
(d) Oral communication
4. The channel of communication which is mostly associated
with gossip and rumours iscalled:
(a) Formal communication
(b) Grapevine
(c) Social gatherings
(d) Upward communication
5. ____________ to communication may occur if the
transmitter and receiver assign different
meanings to the same word or use different words for the
same meaning.
(a) Semantic barriers
(b) Physical barriers
(c) Socio-Psychological barriers
(d) None of the above
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6. The word communication has been derived from the word
communis which means_______
a) To care
b) To share
c) To provide information
d) Provide ideas
7. Success and failure in every communication depends on
______
(a) Feedback
(b) Receiver
(c) Sender
(d) Information
8. Communication is a combination of four sciences-
(a) Anthropology, sociology, psychology and political
science
(b) Anthropology, physiology, biology and political science
(c) Psychology, sociology, Physiology and ecology
(d) Sociology, Political Science, Anthropology and Biology
9. What is one of the factor because of which communication
is important?
(a) Distortion
(b) Human relations
(c) Noise
(d) Goal orientation
Adjectives selected by both the participants and his peers
are placed in _____
10. quadrant:
(a) Arena
(b) Blind
(c) unknown
(d) Façade
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11. Arena quadrant is called as:
(a) Façade
(b) Blind
(c) unknown
(d) Open
12. Adjectives not selected by the participants but selected
by his peers are placed in:
(a) Façade
(b) Blind
(c) Unknown
(d) open
13. Workers feel involved in the organisation and
participate in the management. This is called as
which flow of communication?
(a) Downward
(b) Upward
(c) Diagonal
(d) Horizontal
14. Interaction between two persons is called as:
(a) vertical network
(b) circuit network
(c) wheel network
(d) star network
15. In which network each subordinate receives a command
from a single authority or superior :
a) vertical network
b) circuit network
c) wheel network
d) star network
16. Which of the following is an example of a nonverbal
message?
a) Yelling
b) Eye contact
c) Jargon
d) Mumbling
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17. The ability to communicate effectively
a) Is a natural talent that cannot be learned
b) Depends on the education level of those around you
c) Can be learned
d) Depends on not using technology to send messages
18. hand-held computer devices that can perform a number of
things like receiving mails, sending
and receiving audio
(a) PDA
(b) Mobile Phones
(c) Emails
(d) Blogs
19. The form of communication used most of the time for
written messages to persons inside your
organization is called
(a) Memorandum
(b) Business letter
(c) Pamphlet
(d) Adjustment letter
20. Network channel of communication which is open to all
members of the group-
(a) vertical network
(b) circuit network
(c) wheel network
(d) star network
21. Internet without use of multimedia is an example of:
(a) Visual Communication
(b) verbal communication
(c) Oral communication
(d) Audio-visual Communication
22. Communication flow takes place between the same status/
level of hierarchy in the
organization:
(a) Downward
(b) Upward
(c) Diagonal
(d) Horizontal
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23. Feedback can come in the form of
(a) Environmental noise
(b) Nonverbal communication only
(c) Verbal communication only
(d) Verbal and nonverbal listener responses
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
A A D B A B A A B A D B B B C B C A A D A D D
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CHAPTER-5
1. Which of these is not a barrier to listening?
(a) Physical barrier
(b) Linguistic barrier
(c) Cultural barrier
(d) Written barrier
2. In the communication process, a receiver is the person
who encodes an idea. message
interference. a message pathway. the person who decodes a
message.
a) The person who encodes an idea
b) Message interference
c) A message pathway
d) The person who decodes a message
3. Listening is the________ part of communication.
(a) Receiving
(b) Feedback
(c) Delivery
(d) Channel
4.In listening, Concentration requires________________.
(a) Willingness and practice
(b) Capacity and practice
(c) Willingness and behavior
(d) Practice and behaviour
5. A good speaker should use __________to their advantage to
keep an audience attentive.
(a) Loud Volume
(b) Gestures
(c) Both Volume and tone
(d) Tone
6. In listening, which behaviour disrupt the listening
process?
(a) Doodling
(b) Shuffling papers
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(c) Looking at the window
(d) All The Above
7. Which amongst the following is a principle of effective
listening-:
a) Diffidence
b) Noise
c) Conducive Environment
d) Listen for Ideas- Not just words
8. Impatient to listen to the main ideas, _______ listeners
pay superficial attention, and are
interested only in the bottom line-
(a) Marginal Listener
(b) Non-Listener
(c) Passive Listener
(d) Evaluative Listener
9.Feedback is a listeners
(a) Verbal critique of your message
(b) Aversion to a message
(c) Acceptance of a message
(d) Verbal or nonverbal responses to a message
10. Which of the following sentences is least effective in
driving for the sale?
(a) Visit our web site today to order your tickets for the
Super Bowl
(b) We hope to hear from you soon
(c) Mail the enclosed card now--your free gift is waiting
(d) Call our 800-number within 24 hours to place your order
for the Mac II recorded
11. __________ listeners pay attention only to partial
message and lack sensitivity to the
nuances, inner meanings, nonverbal subtexts involved in
communication.
(a) Active Listener
(b) Non-Listener
(c) Passive Listener
(d) Evaluative Listener
12. ______ listeners focus on the content and the manner in
which they are delivered.
(a) Active Listener
(b) Non-Listener
(c) Passive Listener
(d) Evaluative Listener
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13. Active and effective listening are combined and subsumed
under listening.
(a) Active and effective
(b) Selective
(c) Dialogic
(d) Evaluative
14. _______ listening is a type of listening where
difference between sounds is identified.
a) Discriminative
b) Comprehension
c) Selective
d) critical
15. Comprehension listening is also known as:
(a) Full Listening
(b) Critical listening
(c) Evaluative Listening
(d) Active listening
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D D A A C D D A D C A A A D A
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CHAPTER-6
1.In circular letters personal interest is created by using
the word_________.
(a) You
(b) Our customers
(c) Everybody
(d) Dear customers
2. A Letterhead contains the following:
(a) Company logo
(b) Name and address of Registered Office, Corporate Office
(c) Contact numbers
(d) All of the above
3. The word “Confidential” super scribed on the envelope is
a _________.
(a) Salutation
(b) Special marking
(c) Attention line
(d) Subject heading
4. The word ‘Report’ is derived from the Latin word:
(a) Reportane
(b) Reporte
(c) Rapport
(d) Repo
5. A/An __________is used for disseminating information to a
large number of employees within
the organisation.
(a) Office circular
(b) Memorandum
(c) Office order
(d) None of the above
6. MIS stands for:
(a) Management Infotainment System
(b) Management Information System
(c) My Information System
(d) Management Intellectual System
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A D A A A B
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CHAPTER-7
1. E-mails can be filtered using the _____ option which
prevents unwanted mails from entering
your inbox.
a. Junk Mail
b. Spam
c. Trash
d. All of the above
2.___________are routine reports prepared at regular time
interval-daily, weekly, monthly
quarterly or annually.
(a) Periodic reports
(b) Formal reports
(c) Progress reports
(d) Informal reports
3. The first opportunity to gain the reader's attention in a
direct mail letter is
(a) In the attention line
(b) In the opening paragraph
(c) In the top margin
(d) On the envelope
4. An example of a communication channel is
(a) face-to-face conversation
(b) feedback
(c) context
(d) noise
5. In interpersonal communication, ethics
(a) are important
(b) stand in the way of honesty
(c) increase barriers to understanding
(d) are not a consideration
6. The ____ option in e-mail helps us to retrieve old email
communications.
(a) Find
(b) Search
(c) Settings
(d) None of the above
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7. ___________ reports are usually short messages with
natural, casual use of language.
(a) Conference
(b) Periodic
(c) Informal
(d) Formal
8.Through e-mail companies are offering ____service to its
employees that help them use tools
like Google drive drop box etc.
(a) Accounts
(b) Package
(c) Cloud Storage
(d) All of the above
9. Identify which statement is not a feature of a
professional e-mail
(a) Correspondence through e-mail should use Proper Grammar,
correct spelling, tone,
courtesy, structure, content etc.
(b) It is suggested to use of ‘Emoticons’ - smileys, winks
etc. in official correspondence.
(c) Maintain separate accounts for official and personal
e-mails. Many organizations have
firewalls against personal mails like Yahoo, Gmail etc.
(d) Avoid ‘spamming.’ Maintain a proper distribution list of
recipients for your mails.
10. Conversion of data into a code is called
(a) Encryption
(b) Hypermedia
(c) Intercepted
(d) Interface
11. The specialized or technical language as used in
specific fields is called____
(a) Codes
(b) Jargon
(c) Trivial
(d) Hypertext
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12. Which of the following protocol is used by the web
(a) HTPT
(b) HTPH
(c) HPTH
(d) HTTP
13. Which of the following is a system of interlinked
hypertext documents accessed via the internet
(a) Intranet
(b) Extranet
(c) World wide web
(d) None of the above
14. Which of the following is a web browser
(a) Google Chrome
(b) Internet Explorer
(c) Firefox
(d) All of the above
15. It allows cumbersome corporate knowledge to be
maintained and easily access throughout the
company using hypermedia and Web technologies.
(a) Web Publishing
(b) Web Communication
(c) Web Circulars
(d) None of the above
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
B A D A B B C C B A B D C D A
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LEGAL APTITUDE
CHAPTER 1
1. The Constitution derives its authority from……………..
A. Parliament
B. President of india
C. People of india
D. Judiciary
2. On which date our constitution came into force?
A. Nov 26, 1949
B. Jan 26, 1949
C. Aug 15, 1947
D. Jan 26, 1950
3 Equality before law and equal protection of law is given
under.........
A. Article 13
B. Article 14
C. Article 15
D. Article 16
4. Article 17 says, .................... is abolished and
its practice in any form is forbidden.
A. Discrimination
B. Untouchability
C. Unequality
D. Special preferences
5. Free Legal aid to the poor is given under................
A. Directive Principles of state policy
B. Fundamental Rights
C. Fundamental duties
D. Citizenship
6. ......................can be enforced by writs.
A. Fundamental duties
B. Directive Principles of state policy
C. Fundamental Rights
D. Legal rights
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7. .......................denotes Citizenship at the
commencement of the constitution.
A. Article 5
B. Article 15
C. Article 20
D. Article 25
8. The Electoral college of President consists of
............
A. elected members of both houses of Parliament
B. nominated members of Legislative members of state
C. elected members of state legislative council
D. all the above
9. Allocation of seats in the Rajya Sabha to the states and
the Union Territories are mentioned in
A. Fourth schedule
B. Fifth schedule
C. Sixth schedule
D. Seventh schedule
10. Maximum strength of the Loksabha fixed by the
constitution is..........
A. 545
B. 552
C. 245
D. 250
11. The total number of Ministers including the Prime
Minister in the Council of Ministers shall not
exceed............
A. 10%
B. 15%
C. 20%
D. 25%
12. Which of the following states does not have a
Legislative council?
A. Bihar
B. Jharkhand
C. Maharashtra
D. Uttar Pradesh
13. Governor's power to make ordinances is given
under............
A. Article 123
B. Article 213
C. Article 313
D. Article 131
14. ................is the highest court of appeal in our
country.
A. Privy Council
B. Federal court
C. Supreme court
D. High court
15. ................ literally means "to have the body
of".
A. Habeas Corpus
B. Mandamus
C. Certiorari
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D. Quo Warranto
16. Our Constitution was 1st amended in the year.....
A. 1947
B. 1949
C. 1950
D. 1951
17. .................... Amendment Act is also known as
Mini-Constitution.
A. 2nd
B. 42nd
C. 86th
D. 91st
18. Parliament consists of.............
A. President
B. Lok Sabha
C. Rajya Sabha
D. All the above
ANSWER KEY
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
C D B B A C A A A B B B B C A D B D
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Ch.2A - Indian Contract Act
1. The Indian Contract Act came into force on
(a)1st July, 1872
(b)1st September, 1872
(c) 1st November, 1782
(d) 1st September, 1930
2. A contract is a combination of two elements
a) Agreement & Obligation
b) Agreement & Promise
c) Offer & Obligation
d) Promise & Enforceability
3. The essential elements of a valid contract are
a) Consensus ad idem
b) Genuine consent between parties
c) Terms of the contract to be certain
d) All of the above
4. An offer would lapse if
a) Not accepted in the specified time
b) Offeror dies
c) Offeree dies
d) All of the above
5. A contract over telephone is not valid if
a) It is not audible
b) Call does not come in business hours
c) The call comes on a personal number
d) None of the above
6. Who defined consideration is defined – “as an act or
forbearance of one party, or the
promise thereof is the price for which the promise of the
other is bought”.
a) Sir Fredrick Pollock
b) Ms. Currie
c) Sir Ronald pollock
d) Sir Fredroger
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7. In Chinnaya v. Ramaya, (1882) case, it laid which of the
following characteristic of Indian
Contract Act.
a) Stranger to the consideration may maintain a suit
b) Consideration at the desire of the promisor
c) Valid offer
d) Legal consideration
8. A person who is not a party to a contract cannot sue upon
it even though the contract is
for his benefit is explained in which of these
a) Executed Contract
b) Privity of Contract
c) Executory contract
d) Valid Offer
9. An engagement to marry someone later is a …………..kind of
contract.
a) Executed Contract
b) Executory Contract
c) Future Contract
d) B & C
10. What are the rules governing consideration
a) Consideration may be an act of abstinence or promise
b) Consideration must be real and not vague
c) Consideration need not be lawful
d) a & b
11. When is an agreement without consideration valid
a) Made out of natural love & affection
b) It’s a gift
c) a & b
d) None of the above
12. Which is a contract uberrimae fidei
a) Issue of Company Prospectus
b) Issue of advertisement
c) Family matter
d) a & c
13. A boss dominating his employee to work during non
working hours is known as
a) Coercion
b) Misrepresentation
c) Undue Influence
d) None of the above
14. Which of these agreements are void as being against
public policy but they are not illegal:
a) Agreements in restraint of parental rights
b) Agreement with a minor
c) Agreement with a lunatic
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d) Agreement for an unlawful object
15. In the case of breach of contract, the injured party may
a) Sue for specific performance
b) Sue for damages
c) Sue on quantum meriut
d) All of the above
ANSWER KEY
1B 2A 3D 4D 5A
6A 7A 8B 9D 10D
11C 12D 13C 14A 15D
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Ch.2B – LAW OF TORTS
1. The word “tort” is derived from the latin word
a) Tortum
b) Tortis
c) Tortuf
d) Tortie
2. Tort means a
a) Civil wrong
b) Criminal wrong
c) None of these
d) a & b
3. Injuria sine damnum means
a) Injury without damage
b) Legal rights
c) Injury without major damage
d) None of the above
4. Is this a kind of tortious liability
a) Absolute liability
b) Vicarious liability
c) A & b
d) None
5. When a principal is held liable for the wrongful acts of
his agent the liability is known as
a) Vicarious liability
b) Strict liability
c) Tortuous liability
d) Absolute liability
ANSWER KEY
1A 2A 3A 4B 5A
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CH.3- ELEMENTS OF COMPANY SECRETARY LEGISLATION
1. Mission of ICSI is
a) To be a global leader in promoting Good Corporate
Governance
b) To develop high calibre professionals facilitating good
Corporate Governance
c) Speak the Truth, Abide by the Law
d) All of the above
2. What are the core values of ICSI
a) Integrity
b) Ethics
c) Reliability
d) All of the above
3. ICSI functions under the jurisdiction of
a) Ministry of Finance
b) Companies Act, 2013
c) Ministry of Corporate affairs
d) None of the above
4. Every Private company having a Paid up share capital of
…….. should appoint a whole time
company secretary.
a) Five crore
b) Ten crore
c) One crore
d) 10lakhs
5. Company secretary in practise can also act like a
a) Share transfer agent
b) Stock broker
c) Issue house
d) All of the above
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6. A company secretary in practise can advise companies
under these acts
a) Depositories Act
b) Foreign exchange & management Act
c) Arbitration and conciliation Act
d) All of the above
7. Company Secretary in Practice can appear as ‘Authorised
Representative’ beforea) Real Estate Regulatory Authority (RERA)
b) Competition Commission of India (CCI)
c) National Company Law Tribunal (NCLT)
d) All of the above.
ANSWER KEY
1B 2D 3C 4B
5D 6D 7D
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CH.4 – Elements of Company Law
1. Which of the following case clearly established the
principle that company is a legal person
distinct from its members?
a) Saloman Vs Saloman & co ltd
b) Salman Vs Saloman & co ltd
c) Smith vs Anderson & co ltd
d) Saloon Vs Saloon & Co ltd
2. Registration of a company is
a) Compulsory
b) Not compulsory
c) Compulsory in some cases
d) None of the above
3. The striking characteristics of a Company are
a) Unlimited Liability
b) Limited liability
c) Common seal
d) None of the above
4. The members of a Company become personally liable if the
membership falls below
prescribed minimum and the business is carried on for
a) More than 15days
b) More than 30days
c) More than 1year
d) More than 6months
5. As per ……. of the Companies Act,2013 “company”means a
company incorporated under
Companies Act,2013 or under previous company law
a) Section 2(3)
b) Section 2(20)
c) Section 2(25)
d) Section 2(12)
6. Shares of the company are said to be
a) Immovable property
b) Movable property
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c) Tangible property
d) Permanent property
7. Statement A : A company dies with death of its
shareholders
Statement B : In the case of Private Company, every member
owing fully paid up shares can
freely transfer shares held by him.
Select the correct answer from the option given below
a) Statement A is correct but Statement B is incorrect
b) Statement A is incorrect but Statement B is correct
c) Statement A & Statement B both are incorrect
d) Statement A & statement B both are correct
8. Perpetual succession means
a) Members may go and members may go but the company goes on
forever .
b) Members may come and members may come but the company
goes on forever.
c) Members may come and members may go but the company goes
on forever.
d) Members may come and members may come but the company
cannot go on forever.
9. …………………have homogenous members
a) Partnership firm
b) Hindu Undivided Family
c) A private limited company
d) Sole proprietorship
10. A company is legally required to have its accounts
audited by a
a) Accountant in practise
b) Company Secretary
c) Chartered Accountant
d) Cost Accountant
11. The liability of the members of a company is limited to
the extent of the …. of shares held by
them.
a) Nominal Value
b) Market Value
c) Value decided by SEBI
d) Profit value
12. A private company cannot have more than
a) 200 members including past and present employees
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b) 250 members excluding past and present employees
c) 200 members excluding past and present employees
d) 200 members excluding past but including present
employees
13. ”Body Corporate ” or ”Corporation” includes a company
incorporated outside India does not
include ….
a) Companies registered under earlier company law before
companies Act,2013 come
into force
b) Co-operative society registered under any law relating to
co operative societies
c) Any other body corporate which the Central Government may
notify
d) B or C
14. Shares of Public Companies are
a) Freely transferrable
b) Restricted transferability
c) Freely transferrable after Government approval
d) Freely transferrable after shareholders approval.
15. In a private Company there must be not less than
a) Two persons
b) Three persons
c) Two hundred presons
d) Seven persons
16. Private Company which is a subsidiary of a public
company is treated as
a) Private Company
b) Public Company
c) Government company
d) Limited Company
17. The minimum paid up share capital of a Public Company
a) One lakh
b) Five lakhs
c) Ten lakhs
d) Such other amount as may be prescribed
18. Section 8 company
(i) Prohibits the payment of dividend
(ii) Does not earn any profit
(iii) Intends to apply its profit for promoting its objects
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Choose the correct option
a) (i) & (iii) is correct
b) (i) & (ii) is correct
c) (ii) & (iii) is correct
d) (i), (ii) & (iii) is correct
19. Section 2(45) of the Companies Act,2013 defines a
”Government company ” as any company
in which not less than …. of the paid-up share capital is
held by the Central Government, or
by any State Government or Government, or partly by the
Central Government or partly by
one or more State Governments.
a) 25%
b) 35%
c) 51%
d) 49%
20. With regards to Associate company, “Significant
influence” means
a) Control of atleast 20% of the total voting power
b) Control of atleast 25% of the total voting power
c) Control of atleast 20% of the total shareholding
d) Control of atleast 20% of the total debt capital
21. Small company clause does not apply to
a) Holding or subsidiary company
b) Company registered under section 8
c) Company governed by any special Act
d) All of the above
22. What is an “inactive company”
a) A company which has not filed its financial statements
and annual returns during the
last two financial years
b) A company with no directors
c) A company incorporated in an improper manner
d) A company which does very less business in a year
23. Maximum number of directors in a One Person Company
a) Two
b) One
c) Fifteen
d) Three
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24. An independent director reappointed for second term can
be removed by
a) Ordinary Resolution
b) Special resolution
c) Ordinary resolution and no opportunity of being heard
d) Special resolution and an opportunity of being heard
25. Which of these directors cannot be removed by Ordinary
resolution
a) Independent Director in his first term
b) Whole time director
c) Director appointed by NCLT
d) Alternate director
26. How many board meetings does a Section 8 company need to
hold
a) Four board meetings in a year
b) One board meeting in each half of the calendar year
c) Two board meetings anytime during the year
d) Two board meetings in a financial year
27. Annual general meeting can be called on
a) Sunday at 11am
b) 15th August at 10.30am
c) 1
st September at 7.30 pm followed by dinner
d) 10th December at 8.00am
28. In annual general meeting, all business to be transacted
thereat shall be deemed special,
other than—
a) Sale of a factory
b) Appointment of Marketing manager
c) Declaration of dividend
d) Rights issue of shares
29. Which company needs to constitute a CSR Committee
a) net worth of Rs. 100 crore or more, or turnover of
Rs.5000 crore or more or a net
profit of Rs. 5 crore or more during the immediately
preceding financial year.
b) net worth of Rs. 500 crore or more, or turnover of
Rs.1000 crore or more or a net
profit of Rs. 5 crore or more during the immediately
preceding financial year.
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c) net worth of Rs. 5 crore or more, or turnover of Rs.1000
crore or more or a net profit
of Rs. 15 crore or more during the immediately preceding
financial year.
d) net worth of Rs. 500 crore or more, or turnover of Rs.500
crore or more or a net profit
of Rs. 1 crore or more during the immediately preceding
financial year.
30. A business dilemma exists when an organizational
decision maker faces a choice
between two or more options that will have various impacts
on:
a) Profitability
b) Competitiveness
c) Stake holders
d) All of the above
ANSWER KEY
1A 2A 3B 4D 5B
6B 7C 8C 9B 10C
11A 12C 13D 14A 15A
16B 17D 18A 19C 20A
21D 22A 23C 24D 25C
26B 27A 28C 29B 30D
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CH 5 - LEGAL TERMINOLOGY & MAXIMS
1.ab initio means _____
a) 3 From the middle
b) From the beginning
c) From the base
d) From the end
2. ad hoc means______
a) From the beginning
b) Not interested to be able to be adapted to others purpose
c) To the same thing
d) To infinity
3. ad idem means _____
a) From the beginning
b) To the same thing
c) To infinity
d) From the base
4. ad infinitum means ______
a) From the beginning
b) To the same thing
c) To infinity
d) From the base
5. ad valorem means
a) ccording to value
b) To the same thing
c) To infinity
d) Hear the other side
6. Audi alteram partem means______
a) According to value
b) To the same thing
c) To infinity
d) Hear the other side
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7. Bona fide means_______
a) Hear the other side
b) In good faith
c) In fact
d) In law
8.de facto means______
a) Hear the other side
b) In good faith
c) In fact
d) In law
9. de jure means _____
a) Hear the other side
b) In good faith
c) In fact
d) In law
10. de novo means______
a) In fact
b) In law
c) A new
d) Outside of
11. ex gratia means _____
a) By virtue of an office
b) Against the person
c) Guilty act
d) As a matter of grace or favour
12. ex officio means ______
a) By virtue of an office
b) Against the person
c) Guilty act
d) As a matter of grace or favour
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13.ex parte means _______
a) Expression used to signify something done or said by one
person not in the presence of his
opponent.
b) Expression used to signify something done or said by one
person not in the presence of his
friend.
c) Expression used to signify something done or said by one
person not in the presence of his
enemy.
d) All of above
14.ictus reus means______
a) By virtue of an office
b) Against the person
c) Guilty act
d) As a matter of grace or favour
15. In personam means _____
a) By virtue of an office
b) Against the person
c) Guilty act
d) As a matter of grace or favor
16.In rem means____
a) Within the powers
b) Between living person
c) Amongst other things
d) Against whole world
17. Inter alia means___
a) Within the powers
b) Between living persons
c) Amongst other things
d) An act
18. Inter vivos means_____
a) Within the powers
b) Between living persons
c) Amongst other things
d) An act
19. Ipso facto means____
a) Between living persons
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b) By the mere fact
c) By the law itself
d) A pending suit
20. Ipso jure means____
a) Between living persons
b) By the mere fact
c) By the law itself
d) A pending suit
21. Lis pendens means___
a) Between living persons
b) By the mere fact
c) By the law itself
d) A pending suit
22. Locus standing means___
a) A guily mind
b) Signifies a right to be heard
c) By the mere fact
d) A pending suit
23. Mens rea means
a) A guily mind
b) Signifies a right to be heard
c) By the mere fact
d) A pending suit
24. Mesne profits means ____
a) The profits which a person in wrongful possession of the
property actually received.
b) The profits which a person in legal possession of the
property actually received.
c) The profits which a person in lawful possession of the
property actually received.
d) None of above
25. Modus operandi means___
a) During litigation
b) An opinion of law not necessary to the decision.
c) Mode of operating
d) For a consideration
26.mutatis mutandis means _____
a) During litigation
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b) An opinion of law not necessary to the decision.
c) With the necessary changes
d) For a consideration
27. Obiter dictum means___
a) During litigation
b) An opinion of law not necessary to the decision.
c) With the necessary changes
d) For a consideration
28. Pendente lite means
a) During litigation
b) An opinion of law not necessary to the decision.
c) With the necessary changes
d) For a consideration
29. Quid pro quo means
a) During litigation
b) An opinion of law not necessary to the decision.
c) With the necessary changes
d) For a consideration
30. Ratio decidendi means____
a) Reason for deciding, the grounds to decision
b) An opinion of law not necessary to the decision
c) With the necessary changes
d) For a Consideration
1 B 2 B 3 B 4 C 5 A
6 C 7 B 8 C 9 C 10 C
11 C 12 A 13 A 14 C 15 B
16 D 17 C 18 B 19 A 20 B
21 C 22 D 23 B 24 A 25 A
26 C 27 C 28 B 29 A 30 D
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LOGICAL REASONING
BLOOD RELATIONS
1. Pointing to a photograph of a boy Suresh said, “He is the
son of the only son of my mother.”
How is Suresh related to that boy?
a) Brother
b) Uncle
c) Cousin
d) Father
2. Deepak said to Nitin, “That boy playing with the football
is the younger of the two brothers of the
daughter of my father’s wife.” How is boy playing football
related to Deepak?
a) Son
b) Brother
c) Cousin
d) Brother-in-law
3. A is D' brother. D is B's father. B and C are sisters.
How is A related to C?
a) Son
b) Grandson
c) Father
d) Uncle
ANSWER KEY
1D 2B 3D
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CODING DECODING
1. If in certain code, LUTE is written as MUTE and FATE is
written as GATE, then how will BLUE
be written in that code ?
a. CLUE
b. FLUE
c. GLUE
d. SLUE
2. if in certain code MADRAS is written as NBESBT how is
BOMBAY is coded in that language?
a. CPNCBX
b. CPOCBZ
c. CPNCBZ
d. None of these
3.In a certain code, language , OPERTAION is written as
NODQBUJPO. How is INVISIBLE written
in that code?
a. JOWJTJCMF
b. HMUHTJCMF
c. JOWJTHAKD
d. HMUHTHAKD
4.If POND is closed as RSTL, how is HEAR written in that
code ?.
a. GHIJ
b. JIGZ
c. GHIZ
d. JCLZ
5. In a certain code ,TELEPHONE is written as ENOHPELET .
How is ALIGATOR written in that
code ?
a. ROTAGILA
b. ROTAGILE
c. ROTAGAIL
d. ROTEGILA
6. In a certain code CAT , is written as SATC and DEAR is
written as SEARD. How would SING be
written in that code ?
a. BGINS
b. SINGS
c. SGNIS
d. GNISS
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7. if SPIDER is written as PSDIRE in a certain code; how
would COMMON be written in that code?
a. OCOMMO
b. OCMOMN
c. OCMMNO
d. OCMMON
8. ln a certain language POPULAR is coded as QPQVMBS; which
word be coded as GBNPVT?
a. FARMER
b. FRAMES
c. FAMOTH
d. FAMOUS
e. FARMES
f. None of these
9. ln a certain language COVET is written as FRYHW ,which
word be written as SHDUO?
a. QUAKE
b. STINK
c. TIEVP
d. REPAY
e. PEARL
f. None of these
10. In a certain language REMOTE is coded as ROTEME which
word would be coded as PNIICC?
a. NPIICC
b. PINCIC
c. PICCIN
d. PICNIC
11. in a certain language, DECEMBER is written as ERMBCEDE,
Which word will be written as
ERMBVENO in that code ?
a. AUGUST
b. OCTOBER
c. SEPTEMBER
d. NOVEMBER
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12, In a certain Language , MACHINE is coded as LBBIHOD,
which word would be coded as SL
TMFNB?
a. RSKLEMA
b. RMSNEOA
c. TMUNGMC
d. TKULGMC
e. TMUNGOC
f. None of these
13. In a certain language ALMIRAH is written as BNPMWGO ,
which would be written as
DNRWLUA?
a. COSGOLT
b. TOGCLOS
c. TOGSOLC
d. CLOSGOT
1 2 3 4 5 6 7 8 9 10 11 12 13
A B B B A B C D E D D D D
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NUMBER / SYMBOL CODING
1. P5QR, P4QS, P3QT, _____, P1QV
a) PQW
b) PQV2
c) P2QU
d) PQ3U
2. If RED is coded as
6720, then how would GREEN be coded ?
a) 1677199
b) 1677209
c) 16717209
d) 9207716
3. If A = 2, M = 26, Z = 52 then BET = ?
a) 44
b) 54
c) 64
d) 72
ANSWR KEY
1C 2B 3B
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SYLLOGISM
1. Statements: I. Some actors are singers.
II. All the singers
are dancers.
Conclusions: I. Some
actors are dancers.
II. No singer is
actor.
a) Only (1) conclusion follows
b) Only (2) conclusion follows
c) Either (1) or (2) follows
d) Neither (1) nor (2) follows
e) Both (1) and (2) follow
2. Statement: I. All tigers are birds.
II. Some birds are
cows.
Conclusions: I. Some
cows are birds.
II. Some tigers are
cows.
a) if only I follows
b) if only conclusion II follows
c) if either I or II follows
d) if neither I nor II follows
e) if both I and II follow.
3. Statement: I. Many actors are directors.
II. All Directors are
dancers.
Conclusions: I. Some actors are dancers.
II. No director is an
actor.
a) if only I follows
b) if only conclusion II follows
c) if either I or II follows
d) if neither I nor II follows
e) if both I and II follow.
ANSWER KEY
1A 2E 3A
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CLOCKS
1. A clock is started at noon. By 10 minutes past 5, the
hour hand has turned through :
a) 145°
b) 155°
c) 160°
d) 150°
2. An accurate clock shows 8 o’ clock in the morning.
Through how many degrees will the hour
hand rotate when the clock shows 2 o’ clock in the afternoon
?
a) 144°
b) 150°
c) 168°
d) 180°
Answers ;
1 2
C D
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CALENDAR
1. . What was the day of the week on 17th June , 1998?
a) Monday
b) Tuesday
c) Wednesday
d) Thursday
2. If 30th June, 1991 was a Sunday, then what day of the
week was 7th April, 1992?
a) Sunday
b) Monday
c) Tuesday
d) None of these
3. Which will be the next leap year after 2096?
a) 2100
b) 2102
c) 2104
d) 2108
ANSWER KEY
1C 2C 3C
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TEAM - CS ASPIRANT
LOGICAL SEQUENCE TEST
1. Arrange the words given below in a meaningful sequence.
I. Mother
II. Child
III. Milk
IV. Cry
V. Smile
a) 1, 5, 2, 4, 3
b) 2, 4, 1, 3, 5
c) 2, 4, 3, 1, 5
d) 3, 2, 1, 5, 4
2. Arrange the words given below in a meaningful sequence.
I. Sentence
II. Chapter
III. Letter
IV. Book
V. Word
VI. Paragraph
a) 4, 2, 1, 6, 5, 3
b) 4, 2, 6, 1, 5, 3
c) 4, 6, 1, 2, 3, 5
d) 4, 6, 2, 5, 1, 3
3. Arrange the following in a logical order :
I. Frog
II. Eagle
III. Grasshopper
IV. Snake
a) 1, 3, 5, 2, 4
b) 3, 4, 2, 5, 1
c) 5, 3, 1, 4, 2
d) 5, 3, 4, 2, 1
1B 2B 3C
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NUMBER,RANKING & TIME SEQUENCE TEST
1. If Malik finds that he is twelfth from the right in a
line of the boys and fourth from the left, how
many boys should be added to the line such that there are 28
boys in this line ?
a) 15
b) 12
c) 17
d) 13
2. Which is the
number that comes next in the sequence:0, 6, 24,60,120,210 ?
a) 240
b) 290
c) 336
d) 504
3. If the second day
of a month is a Friday, which of the following would be the last day of the
next month which has 31 days?
a) Sunday
b) Monday
c) Tuesday
d) Data inadequate
e) None of these
1D 2C 3B
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ALPHABET TEST
1. The following four words are arranged in alphabetical
order, which word will come in the second
place.
a) Electric
b) Elector
c) Elect
d) Electrode
2. How many such symbols are there in the above arrangement,
each of which is immediately
preceded by a number and immediately followed by a letter?
a) None
b) One
c) Two
d) Three
3. PAT, PEN, PIN, POT ?
a) PIG
b) PET
c) PUT
d) POT
1B 2A 3C
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TEAM - CS ASPIRANT
DECISION MAKING
. Details of applicants are given below in the questions. On
the basis of the following course of
action which is based on the data given above, mark the
answer.
1. Manika is a B.Sc. Graduate with 70% marks and has
completed PG in M.Sc. She completed 27
years of age in 2015 and has 3 year's experience as a Maths
Faculty. She is ready to join
probation period of one year.
a) if case is to be referred to Principal.
b) if case is to be referred to Vice Principal.
c) if candidate is to be selected.
d) if information is inadequate to take a decision.
e) if candidate is not to be selected.
2. Mamta is a graduate in B.A. and B.Ed. with 75% and 70%
respectively. She has been
working as a professor in Math for 5 years and has
freelancing experience of 2 years.
Mamta’s age is 30 years and she is ready to join 2 year
probation.
a) if case is to be referred to Principal.
b) if case is to be referred to Vice Principal.
c) if candidate is to be selected. if
d) information is inadequate to take a decision.
e) if candidate is not to be selected.
3. Shobha, a 29-year-old science graduate with 70% marks in
her graduation has 53%
marks in her B.Ed. and she also has an Arts with Maths
graduation securing 80% marks.
She also worked with Satyam for a span of 5 years and she is
willing to join the probation
period for 1 year.
a) if case is to be referred to Principal.
b) if case is to be referred to Vice Principal.
c) if candidate is to be selected.
d) if information is inadequate to take a decision.
e) if candidate is not to be selected.
1C 2C 3A
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ANALOGY
1. Insect : Disease :: War : ?
a) Army
b) Defeat
c) Arsenal
d) Destruction
2. Book : Cover :: Painting : ?
a) Example
b) Wall
c) Colour
d) Frame
3. Fruit : Banana :: Mammal : ?
a) Cow
b) Snake
c) Fish
d) Sparrow
1D 2D 3A
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ASSERTION AND REASON
1. Assertion: Humans have evolved from an ape-like species
of primates.
Reason: There are many fossils that support the theory of
evolution in case of humans.
Choose one from the followinga) Both the Assertion and the
Reason are correct and the Reason is the correct explanation of
the Assertion.
b) The Assertion and the Reason are correct but the Reason
is not the correct explanation of
the Assertion.
c) Our Assertion is true but the Reason is false.
d) The statement of the Assertion is false but the Reason is
true.
e) Both the statements are false.
2. Assertion (A):
AIDS does not have a vaccine.
Reason (R):
The AIDS virus alters its genetic code.
a) A is true but R is false.
b) Both A and R are true and R is the correct explanation of
A.
c) A is false but R is true.
d) Both A and R are true but R is not the correct
explanation of A.
e) Both A and R are false
3. Assertion (A) :
Pressure cookers are fitted with ebonite handles.
Reason (R) :
Ebonite is strong.
a) Both A and R are true and R is the correct explanation of
A.
b) Both A and R are true but R is NOT the correct
explanation of A.
c) A is true but R is false.
d) A is false but R is true
1B 2B 3C
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STATEMENT AND ASSUMPTIONS
1. Statement: „You are expected to be frank and objective
while writing your self-appraisal report‟.
– Instruction for writing self-appraisal report.
Assumptions:
a) Unless cautioned, people may tend to be a little shy and
less objective while writing their
self-appraisal report.
b) Every self-appraisal report helps the person in his
further development.
Answer : In a statement, the author advises, while writing
Self Appraisal report to be expected
frank & objective. I. Unless cautioned, people may tend
to be a little shy and less objective while
writing their self-appraisal report. ⇒ this could
be the assumption because if people aren‟t
less
objective and shy then why would author tell them that
explicitly that they are expected to be
objective.
II. Every self-appraisal report helps the person in his
further development. ⇒ This cannot be the
assumption as it‟s nowhere mentioned in the statement that
such report helps development. Here,
we don‟t have to use our real-world-logic which states
otherwise.
2.Statement:
"If you trouble me, I will slap you." - A mother
warns her child.
Assumptions:
I. With the warning, the child may stop troubling her.
II. All children are basically naughty.
a) Only assumption I is implicit
b) Only assumption II is implicit
c) Either I or II is implicit
d) Neither I nor II is implicit
e) Both I and II are implicit
1A 2A
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CAUSE AND EFFECT REASONING
1. Statements:
I. Standard of living among the middle class society is
constantly going up since part of few years.
II. Indian Economy is observing remarkable growth.
a) Statement I is the cause and statement II is its effect.
b) Statement II is the cause and statement I is its effect.
c) Both the statements I and II are independent causes.
d) Both the statements I and II are effects of independent
causes.
e) Both the statements I and II are effects of some common
cause.
2. Statements:
I. The Reserve Bank of India has recently put restrictions
on few small banks in the country.
II. The small banks in the private and co-operative sector
in India are not in a position to withstand
the competitions of the bigger in the public sector.
a) Statement I is the cause and statement II is its effect
b) Statement II is the cause and statement I is its effect
c) Both the statements I and II are independent causes
d) Both the statements I and II are effects of independent
causes
e) Both the statements I and II are effects of some common
cause
3. Statements:
I. Majority of the students in the college expressed their
opinion against the college authority's
decision to break away from the university and become
autonomous.
II. The university authorities have expressed their
inability to provide grants to its constituent
colleges.
a) Statement I is the cause and statement II is its effect
b) Statement II is the cause and statement I is its effect
c) Both the statements I and II are independent causes
d) Both the statements I and II are effects of independent
causes
e) Both the statements I and II are effects of some common
cause
1A 2B 3B
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DERIVING CONCLUSION FROM PASSAGES
Primary education in Bihar is in a poor shape. Pupils in
over 50 percent of the schools read in the
open throughout the year. Over six million children born to
lower income group parents remain
Unlettered. Not even one percent of the 63,000 primary
schools have facilities of furniture, toilet,
drinking water and games. 3113 new teachers have been
appointed in the current financial year
out of which 2747 are women. Now each of the 13,270 primary
schools have at least two teachers.
1. Classrooms of most of the primary schools in Bihar are
inadequate.
a) if you think the inference is 'definitely true'.
b) if you think the inference is 'probably true' though not
definitely true in the light of the facts
given.
c) if the data given is inadequate i.e., from the fact given
you cannot say whether the
inference is likely to be true or false.
d) if you think the inference is probably false though not
definitely false in the light of the facts
given.
2. In Bihar, 90 percent of the primary teachers are women.
a) if you think the inference is 'definitely true'.
b) if you think the inference is 'probably true' though not
definitely true in the light of the facts
given.
c) if the data given is inadequate i.e., from the fact given
you cannot say whether the
inference is likely to be true or false.
d) if you think the inference is probably false though not
definitely false in the light of the facts
given .
3. 630 primary schools in Bihar have all the facilities like
furniture, toilet, drinking water, games.
a) if you think the inference is 'definitely true'.
b) if you think the inference is 'probably true' though not
definitely true in the light of the facts
given.
c) if the data given is inadequate i.e., from the fact given
you cannot say whether the
inference is likely to be true or false.
d) if you think the inference is definitely false i.e., it
contradicts the given facts.
1B 2C 3D
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NONVERBAL REASONING
1. Direction : In each question below five figures are
given. Four are similar in a certain way and so
for a group. Which one of the figures does not belong to
that group?
a)
b)
c)
d)
e)
2. Direction : In each question below five figures are
given. Four are similar in a certain way and so
for a group. Which one of the figures does not belong to
that group?
a)
b)
c)
d)
e)
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3. Direction : In question below five figures are given.
Four are similar in a certain way and so for a
group. Which one of the figures does not belong to that
group?
a)
b)
c)
d)
e)
4. Which number is on the face opposite to in the dice whose
four views are given below?
a) 6
b) 2
c) 3
d) 4
e) None of these
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5.Three views of the same cube are shown below
The figure on the face opposite to the triangle is :
a) question mark
b) circle
c) pentagon
d) rectangle
e) None of these
1C 2E 3A 4A 5A
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ECONOMICS
CHAPTER 1
1. Demand for a commodity refers to
a) desire backed by ability to pay for the commodity
b) need for the commodity and willingness to pay for it
c) the quantity demanded of that commodity at a certain
price
d) the quantity of the commodity demanded at a certain price
during any particular period of time.
2. Contraction of demand is the result of
a) decrease in number of consumers
b) increase in the price of the goods concerned
c) increase in the prices of other goods
d) decrease in the income of purchasers
3. The law of demand assuming other things to remain
constant, establishes the relationship
between
a) income of the consumer and the quantity of a good
demanded by him
b) price of a good and the quantity demanded
c) price of a good and the demand for its substitute
d) quantity demanded of a good and the relative prices of
its complementary goods
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4. The supply of a good refers to
a) actual production of the good
b) total existing stock of good
c) stock available for sale
d) amount of the good offered for sale at a particular price
per unit of time
5. All but one of the following are assumed to remain the
same while drawing an individuals
demand curve for a commodity. Which one is it
a) the preference of the individual
b) his monetary income
c) price of the commodity
d) price of related commodity
6. All the following are determinants of demand except
a) taste and preferences
b) quantity supplied
c) income of the consumer
d) price of related goods
7. Which of the following pairs of goods is the best example
of substitutes
a) Tea and sugar
b) Tea and coffee
c) Pen and ink
d) Shirt and trousers
8. The second glass of lemonade gives lesser satisfaction to
a thirsty boy. This is a clear example
of
a) Law of demand
b) Law of diminishing returns
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c) Law of diminishing utility
d) Law of supply
9. What will happen in the rice market if the buyers are
expecting higher prices in the near future
a) The demand for rice will increase
b) The demand for rice will decrease
c) The demand for rice remains unaffected
d) None of the above
10. An increase in supply of goods is caused by
a) improvement in technology
b) fall in price of other goods
c) fall in price of factors of production
d) all the above
11. identify the factor which generally keeps the price
elasticity of demand for a good low
a) variety of uses for that good
b) very low price of a commodity
c) close substitutes for that good
d) high proportion of consumer income spent on it
12. In case of an inferior good, the income elasticity of
demand is
a) Positive b) Zeroc) Negative d) Infinite
13. Suppose the price of Pepsi increase, we will expect the
demand curve of coco cola to
a) Shift towards left since these are substitutes
b) Shift towards right since these are substitutes
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c) remain at same level
d) None of the above
14. The price of hot dogs increases by 22 % and the quantity
of hot dogs demanded falls by 25%.
This indicates the demand for hot dogs is
a) elastic b) in elastic c) unitary elastic d) perfectly
elastic
15. When the numerical value of cross elasticity between two
goods is high, it means
a) The goods are perfect complements and therefore have to
be used together.
b) The goods are perfect substitutes and can be used with
ease in place of one another.
c) There is a high degree of substitutability between the
two goods.
d) The goods are neutral and therefore cannot be considered
as substitutes.
16. Demand for a good will tend to be more elastic if it
exhibits which of the following
characteristics?
(a) It represents a small part of the consumer’s income.
(b) The good has many substitutes available.
(c) It is a necessity (as opposed to a luxury).
(d) There is little time for the consumer to adjust to the
price change
17. In the case of a Giffen good, the demand curve will be
(a) horizontal. (b) downward-sloping to the right.
(c) vertical. (d) upward-sloping to the right
18. A vertical supply curve parallel to Y axis implies that
the elasticity of supply is:
(a) Zero. (b) Infinity.
(c) Equal to one. (d) Greater than zero but less than
infinity.
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19. Elasticity of supply refers to the degree of
responsiveness of supply of a good to changes in
its:
(a) demand. (b) price.
(c) cost of production. (d) state of technology.
20. Contraction of supply is the result of:
(a) decrease in the number of producers.
(b) decrease in the price of the good concerned.
(c) increase in the prices of other goods.
(d) decrease in the outlay of sellers.
21. As income increases, the consumer will go in for
superior goods and consequently the demand
for inferior goods will fall. This means:
(a) income elasticity of demand less than one.
(b) negative income elasticity of demand.
(c) zero income elasticity of demand.
(d) unitary income elasticity of demand.
22. When income increases the money spent on necessaries of
life may not increase in the same
proportion, This means:
(a) income elasticity of demand is zero.
(b) income elasticity of demand is one.
(c) income elasticity of demand is greater than one.
(d) income elasticity of demand is less than one.
23. The luxury goods like jewellery and fancy articles will
have
(a) low income elasticity of demand (b) high income
elasticity of demand
(c) zero income elasticity of demand (d) none of the above
24. The price of tomatoes increases and people buy tomato puree.
You infer that tomato puree
and tomatoes are
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(a) normal goods. (b) complements.
(c) substitutes. (d) inferior goods.
25. The quantity supplied of a good or service is the amount
that
(a) is actually bought during a given time period at a given
price.
(b) producers wish they could sell at a higher price.
(c) producers plan to sell during a given time period at a
given price.
(d) people are willing to buy during a given time period at
a given price
26. Supply is the
(a) limited resources that are available with the seller.
(b) cost of producing a good.
(c) entire relationship between the quantity supplied and
the price of good.
(d) Willingness to produce a good if the technology to
produce it becomes available.
27. If price of computers increases by 10% and supply
increases by 25%. The elasticity of supply
is :
(a) 2.5 (b) 0.4
(c) (-) 2.5 (d) (-) 0.4
28. An increase in the number of sellers of bikes will
increase the
(a) the price of a bike. (b) demand for bikes.
(c) the supply of bikes. (d) demand for helmets
29. When supply curve moves to the left, it means
(a) Smaller supply at a given price. (b) larger supply at a
given price.
(c) constant supply at a lower price. (d) none of the above
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30. When supply curve moves to right, it means
(a) supply increases. (b) supply decreases.
(c) supply remains constant. (d) none of the above.
31. Elasticity of supply is zero means
(a) perfectly inelastic supply. (b) perfectly elastic
supply.
(c) imperfectly elastic supply. (d) none of the above.
32. Which of the following statements about price elasticity
of demand is correct?
(a) Price elasticity of demand is a measure of how much the
quantity demanded of a good responds
to a change in the price of that good.
(b) Price elasticity of demand is computed as the percentage
change in quantity demanded divided
by the percentage change in price.
(c) Price elasticity of demand in the long run would be
different from that of the short run.
(d) All the above.
33. Supply is a ___________ concept.
(a) stock (b) flow and stock
(c) flow (d) none of the above
34. The cross elasticity between Rye bread and Whole Wheat
bread is expected to be:
(a) positive (b) negative
(c) zero (d) can’t say
35. A service or commodity has a ________, if a given
quantity of it can be supplied whatever
might be the price
(a) Relatively less elastic supply (b) Unitary elastic
supply
(c) Perfectly elastic supply (d) Perfectly inelastic supply
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36. The cross elasticity between personal computers and soft
wares is:
(a) positive. (b) negative.
(c) zero . (d) one.
37. When demand for a commodity increases with a fall in its
price it is known as:
(a) contraction of demand. (b) expansion of demand.
(c) no change in demand. (d) none of the above.
38. What is the shape of the demand curve faced by a firm
under perfect competition?
(a) Horizontal (b) Vertical
(c) Positively sloped (d) Negatively sloped
39. Which of the following is not a condition of perfect
competition?
(a) A large number of firms.
(b) Perfect mobility of factors.
(c) Informative advertising to ensure that consumers have
good information.
(d) Freedom of entry and exit into and out of the market.
40. Which of the following is not a characteristic of
monopolistic competition?
(a) Ease of entry into the industry. (b) Product
differentiation.
(c) A relatively large number of sellers. (d) A homogeneous
product
41. Oligopolistic industries are characterized by :
(a) a few dominant firms and substantial barriers to entry.
(b) a few large firms and no entry barriers.
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(c) a large number of small firms and no entry barriers.
(d) one dominant firm and low entry barriers
42. Which of the following is the distinguishing characteristic
of oligopolies?
a) A standardized product
b) The goal of profit maximization
c) The interdependence among firms
d) Downward-sloping demand curves faced by firms.
43. In which form of the market structure is the degree of
control over the price of its product by a
firm very large?
(a) Monopoly (b) Imperfect Competition
(c) Oligopoly (d) Perfect competition
44. Discriminating monopoly implies that the monopolist charges
different prices for his commodity:
(a) from different groups of consumers (b) for different
uses
(c) at different places (d) any of the above.
45. Price discrimination will be profitable only if the
elasticity of demand in different sub-markets is:
(a) uniform (b) different
(c) less (d) zero
46. The structure of the toothpaste industry in India is
best described as
(a) perfectly competitive. (b) monopolistic.
(c) monopolistically competitive. (d) oligopolistic
47. The structure of the cold drink industry in India is
best described as
(a) perfectly competitive. (b) monopolistic.
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(c) monopolistically competitive. (d) oligopolistic
48. Agricultural goods markets depict characteristics close
to
(a) perfect competition. (b) oligopoly.
(c) monopoly. (d) monopolistic competition
49. Which of the following markets would most closely
satisfy the requirements for a perfectly
competitive market?
(a) Electricity (b) Cable television
(c) Cola (d) Milk
50. A Monopolist is a
(a) price-maker (b) price-taker
(c) price-adjuster (d) none of the above
Answer Key
1 d 2 b 3 b 4 d 5 c
6 b 7 b 8 c 9 a 10 d
11 b 12 c 13 b 14 a 15 c
16 b 17 d 18 a 19 b 20 b
21 b 22 d 23 b 24 c 25 c
26 c 27 a 28 c 29 a 30 a
31 a 32 d 33 c 34 a 35 c
36 b 37 b 38 a 39 c 40 d
41 a 42 c 43 a 44 d 45 b
46 c 47 d 48 a 49 d 50 a
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CHAPTER 2 & CHAPTER 3
1) _____________ means the total value of goods and services
produced annually in a
country.
a) Factor Income
b) National Income
c) Personal Income
d) Industry Income
2) The method that measures the contribution of each
producing enterprise in the domestic
territory of the country.
a) Income Method
b) Expenditure Method
c) Product Method
d) None of these
3) The values which had previously been added to the stocks
of raw material and goods have to
be ignored. The said statement is the precaution of which
method.
a) Product Method
b) Income Method
c) Expenditure Method
d) None of these
4) ____________ is the second largest component of national
income.
a) Investment Expenditure
b) Government Expenditure
c) Net Exports
d) Consumption Expenditure
5) The income private businesses pay to households who have
lent the business money is:
a) Wages
b) Profits
c) Interest
d) Rent
6) ____________gains such as prizes won, lotteries etc. is
not be included in the estimation of
national income.
a) Illegal Money
b) Windfall
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c) Transfer
d) Sale of Asset
7) GDP by expenditure method at market prices = C+ I + G +
(X – M), where (X-M) is net export
which can be positive or negative. What “I” represent in
this equation
a) Interest
b) Income
c) Investment
d) Imports
8) The price index which is calculated by dividing the
nominal GDP in a given year by the real
GDP for the same year and multiplying it by 100.
a) GDP Inflator
b) GDP deflator
c) GDP accelerator
d) GDP decelerator
9) GDP at Factor Cost = GDP at Market Price – ? + Subsidies.
a) Direct Taxes
b) Customs Duty
c) Indirect Taxes
d) Excise Duty
10) In GDP at market price ___________are included and
_________ by the government are
excluded.
a) Indirect Taxes & Subsidies
b) Subsidies & Indirect Taxes
c) Customs Duty & Indirect Taxes
d) Customs Duty & Subsidies
11) _________is the measure of money, in which all kinds of
goods and services produced in a
country during one year are measured in terms of money at
current prices and then added
together.
a) GDP
b) NNP
c) GNP
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d) NNI
12) Taxes levied on individuals, corporations and other
businesses are included in the
a) GDP
b) NNP
c) GNP
d) NNI
13) GNP at Factor Cost =_______________ – Indirect Taxes +
Subsidies.
a) GNP at Cost Price
b) GNP at Market Price
c) GNP at Inflated Price
d) GDP at Market Price
14) Personal Income = Private Income – Undistributed
Corporate Profits – Profit Taxes
a) True
b) False
15) ___________ is the form in which estimates of
expenditure from the Consolidated Fund,
included in the annual financial statement and required to
be voted upon in the Lok Sabha, are
submitted in pursuance of Article 113 of the Constitution.
a) Finance Bill
b) Appropriation Bill
c) Demand for Grants
d) Annual Financial Statement
16) Which bill has to be passed by the Parliament within 75
days of its introduction.
a) Appropriation Bill
b) Finance Bill
c) Expenditure Bill
d) None of the above
17) How much amount in Contingency Fund is at the disposal
of President?
a) 450 Crores
b) 500 Crores
c) 550 Crores
d) 100 Crores
18) The government sells shares in the Public Limited
Company, it is called as
a) Diversification
b) Capital Receipt
c) Revenue Receipt
d) Disinvestment
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19) This fund is to account for flows for those transactions
where the government is merely acting
as a banker.
a) Consolidated Fund
b) Public Account
c) Demand for Grants
d) Subsidies
20) DEA full form
a) Demand for Economic Activity
b) Department of Economic Affairs
c) Department of Economic Administration
d) Demand for Economic Alliance
21) A Finance Bill is a Money Bill as defined in Article
______ of the Constitution
a) 109
b) 110
c) 111
d) 112
22) Capital receipts include
a) Loans from RBI
b) Loans from the Republic
c) Both
d) None of these
23) Government receipts which neither create asset nor
reduce any liability are called as
a) Capital Receipts
b) Revenue Receipts
c) Grants
d) Aids
24) A fiscal deficit is calculated as a percentage of
_________, or simply as total dollars spent in
excess of income.
a) National Income
b) GDP
c) GNP
d) NNP
25) The Government of India launched __________Bank, to
provide every district with one
branch which will help increase rural penetration.
a) Co-operative Bank
b) India Post Payments Bank
c) Jana Bank
d) Seva Bank
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Answer Key
1 B 2 C 3 A 4 B 5 C
6 B 7 C 8 B 9 C 10 D
11 C 12 C 13 B 14 A 15 C
16 B 17 B 18 D 19 B 20 B
21 B 22 C 23 B 24 B 25 B
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CHAPTER 4 & CHAPTER 5
1) Para-Banking facilities
a) Savings Account
b) Debit Card
c) Term Loan
d) Current Account
2) The Small Finance Bank is licensed under which section of
the Banking Regulation Act.
a) Section 20
b) Section 21
c) Section 22
d) Section 23
3) Banking Regulation Act, which year
a) 1947
b) 1950
c) 1949
d) 1935
4) State Bank of India was converted from which Bank
a) National Bank of India
b) Imperial Bank
c) Freedom Bank
d) Govt Bank of India
5) RRB’s means
a) Regional Reserve Bank
b) Rajasthan Rural Bank
c) Regional Rural Bank
d) Regional Routine Bank
6) Maximum deposit limit of a Payment Bank is
a) 1 Lakh
b) 50 Thousand
c) 2 Lakhs
d) 3 Lakhs
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7) The Mutual Fund Industry in India started in which year?
a) 1950
b) 1960
c) 1961
d) 1963
8) In Mutual Fund. SIP means
(a) System Investment Plan
(b) Systematic Investment Plan
(c) Sure Investment Plan
(d) Swap Investment Plan
9) Which National Health Protection Scheme Launcher by the
Government, Sept 2018
a) Jeevani Bharat
b) Ayush Bharat
c) Ayushman Bharat
d) Sukh Bharat
10) Which Committee recommended the opening up of Insurance
Sector
a) Tandon Committee
b) Malhotra Committee
c) Narasimhan Committee
d) Rangarajan Committee
11) Cyber Insurance Policy Launched by HDFC Ergo, in the
2018 was
a) EV Secure
b) E@ Secure
c) Cyber@ Secure
d) Secure Cyber
12) Identify the new private sector bank in India from the
below mentioned list
a) Ratnakar Bank
b) Development Credit Bank
c) Jammu & Kashmir Bank
d) Nainital Bank
13) Global Trust Bank, was merged with which bank
a) Axis Bank
b) HDFC Bank
c) Punjab National Bank
d) Oriental Bank of Commerce
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14) TFCI means
a) Tourism Finance Corporation of India Ltd
b) Tourism Finance Corporate of India Ltd
c) Tourism Finance Collegiate of India Ltd
d) Tourism Focus Corporation of India Ltd
15) Small Industries Development Bank of India (SIDBI) set
up in which year
a) 1991
b) 1990
c) 1992
d) 1989
16) Which was the first Development Financial Institution of
India set up to propel economic
growth through development of infrastructure and industry
a) SIDBI
b) IDBI
c) IFCI
d) MDI
17) MUDRA was launched in which year
a) 2014
b) 2015
c) 2016
d) 2017
18) How many types of
Co-operative Banks in India.
a) 3
b) 5
c) 4
d) 6
19) Deposit insurance facility of Deposit Insurance and
Credit Guarantee Corporation is not
available to depositors of which organisation
a) Scheduled Banks
b) Co-operative Banks
c) NBFC’s
d) SIDBI
20) A company which is a financial institution carrying on
as its principal business the providing
of finance whether by making loans or advances or otherwise
for any activity other than its own
but does not include an Asset Finance Company.
a) Investment Company
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b) Loan Company
c) Infrastructure Finance Company
d) Asset Reconstruction Company
21) MortgAge GuArAntee CompAnies are financial institutions
for which at least______ of the
business turnover is mortgage guarantee business
a) 80%
b) 85%
c) 90%
d) 100%
22) A ___________ is a document under the company’s seal
which provides for the payment of
principal sum and interest thereon at regular intervals,
which is usually secured by a fixed or
floating charge on the company’s property or undertaking and
which acknowledges a loan to the
company”
a) Overdraft
b) Debenture
c) Commercial Paper
d) Preference Shares
23) National Digital Communications Policy is launched in
which year
a) 2016
b) 2017
c) 2018
d) 2019
24) An investment made by a company or individual who us an
entity in one country, in the form
of controlling ownership in business interests in another
country.
a) FII
b) FPI
c) FDI
d) None of these
25) NAtionAl Food Security Mission was launched in which
year.
a) 2005
b) 2007
c) 2009
d) 2017
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Answer Key
1 B 2 C 3 C 4 B 5 B
6 A 7 D 8 B 9 C 10 B
11 B 12 B 13 B 14 A 15 B
16 C 17 B 18 C 19 C 20 B
21 C 22 B 23 C 24 C 25 B
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BUSINESS ENVIRONMENT
CHAPTER-6
1. “Make in India” programme was launched in _______
a. september 2014
b. august 2014
c. june 2014
d. oct 2014
2. _______ initiatives is aimed at transforming india into a
global manufacturing hub .
a. standup india
b. startup india
c. skill india
d. make in india
3._______initiatives is revealed by modi in his Independence
day address in 2015.
a. skill india
b. standup India
c. make in India
d. startup India
4. standup india aims at promoting entrepreneurship among
______
a. women
b. scheduled castes
c. scheduled tribes
d. All of the above
5.standup India scheme facilities bank loans between ______
a. Rs.10 lakhs & Rs 50 lakhs
b. Rs.25 lakhs & Rs.75 lakhs
c. Rs. 10 lakhs & Rs. 100 lakhs
d. Rs. 50 lakhs & Rs.150 lakhs
6.MTC stands for _______
a. Model Training Centres
b. Ministry of Transport Corporation
c. Ministry of Training Certification
d. Model of Transport Centres
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7.______ in collaboration with ministry of skill development
and etrepreneurship is PDOT
program.
a. Model Training Centre
b. National skill Development Corporation
c. Ministry of external Affairs
d. Technical Training Program
8.In 2011, Groupon’s share price plunged from $20 to _____
a. $ 25
b. $ 30
c. $ 8
d. $ 9
9. Registration of _______ company cannot be done in
startup?
a. partnership
b. public Ltd.
c. Pvt Ltd
d. LLP
10.______ is a not for profit public limited company
incorporated on july 31, 2008?
a. NSDC
b. PDOT
c. TITP
d. MEA
ANSWER KEY
1 2 3 4 5 6 7 8 9 10
A D B D C A C D B A
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CHAPTER -7
1.The business environment is always changing and is ______
a. certain
b. uncertain
c. complicated
d. All of the above
2._______ environment affects the economic environment of
business.
a. social
b. legal
c. political
d. Technological
3.India has recorded a jump of _______ position among 190
countries in DBR ,2019.
a. 23
b. 77
c. 30
d. 89
4.DTF stands for ________
a. Department of Trade Frontier
b. Distant Trade Finance
c. Doing of Trade Finance
d. Distance of Frontier
5.who defined “Business environment is the aggregate of all
conditions ,events and influence that
surrounds and affect it?
a. Keith Davis
b. Andrews
c. FW Taylor
d. Henry Taylor
6.online and common registration for_______ is provided on
shramsuvidha portal.
a. ESIC
b. EPF
c. EPFO & ESIC
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d. EPFO
7.______ States/UTS have designed and implemented online
single window system.
a. 29
b. 21
c. 32
d. 15
8.Business reform action plan was Established in the year
______
a. 2020
b. 2017
c. 2018
d. 2019
9.According to ease of doing Business index by department
for promotion of industry and internal
trade for states ,what is rank of India with reference to
starting a business?
a. 140
b. 137
c. 157
d. 167
ANSWER KEY
1 2 3 4 5 6 7 8 9
B C A D A C B D B
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CHAPTER -8
1.NITI Aayog’s entire gamut of activities can be divided
into ______ heads.
a. 3
b. 4
c. 5
d. 6
2. SEBI was founded on ______
a. June 12,1952
b. June 25,1982
c. April 12, 1992
d. April 25, 1972
3. NITI Aayog aims to develop mechanisms to formulate
credible plans at _______ level.
a. village
b. urban
c. semi urban
d. All of the above
4. The list of different verticals of NITI Aayog includes
______
a. Monitoring & Evaluation
b. Design policy & program
c. Faster cooperative Federalism
d. Governance & Research
5. The societies Registration Act was enacted in the year
_____
a. 1980
b. 1960
c. 1975
d. 1932
6. SEBI has its headquarters at ________
a. New Delhi
b. Mumbai
c. Calcutta
d. Lucknow
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7. ________ protects the interests of Traders and Investors.
a. IFS
b. IMF
c. SEBI
d. RBI
8. when was RBI’s central office moved to Mumbai______
a. 1935
b. 1938
c. 1932
d. 1937
9. RBI has _______ training establishments .
a. 8
b. 6
c. 7
d. 12
10. National company Law Applicable Tribunal came into
effect from _______
a. June 5, 2015
b. June 20, 2018
c. June 1, 2016
d. June 25, 2017
11. SATH refers to ________
a. Sustainable Action for Transforming Human capital
b. Scientific Association for Transforming Human capital
c. Sustainable Action for Transforming Human Concerns
d. Sustainable Action for Transmitting Human Concerns
12. SATH project is being implemented in _______ phases
a. 4
b. 2
c. 3
d. 5
13. The RBI was established in accordance with the
provisions of the RBI Act _______
a. 1935
b. 1934
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c. 1936
d. 1937
14.SFIO refers to ______
a. social fraud identification officer
b. serious fraud identification officer
c. serious fraud investigation officer
d. security & fraud identification officer
15. The competition commission of India was established
under competition commission of India
Act ______
a. 2001
b. 2002
c. 2003
d. 2000
ANSWER KEY
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
B C A D A B C D B C A B B C B
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CURRENT AFFAIRS
CHAPTER-1
1. IMF consists of ________ member countries
a) 219
b) 189
c) 158
d) 208
2. Which one of the following organization was established
to promoted exchange stability?
a) IMF
b) SAARC
c) ASEAN
d) BRICS
3. ASEAN Declaration was signed by_______ founding
countries.
a) 7
b) 10
c) 6
d) 5
4. When was ASEAN established?
a) 19 August 1969
b) 25 September 1972
c) 8 August 1967
d) 8 September 1959
5. How many members are there in present ASEAN?
a) 10
b) 15
c) 7
d) 20
6. What is the aim and purpose of ASEAN?
a) To promote monetary corporation
b) To expand multilateral corporation
c) For global economic corporation
d) To accelerate economic growth and cultural development
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7. The first BRICS ministerial meeting was held at the
proposal of ______ President
a) American
b) Russian
c) UK
d) Indian
8. _______ countries manufacture R-27 missile.
a) China and Japan
b) USA and Australia
c) Russia and Ukraine
d) Russia and Germany
9. _______ organisation was formed to promote the welfare of
people of South Asia.
a) G-20
b) ASEAN
c) BIMSTEC
d) SAARC
10. India is not a member in _______
a) ASEAN
b) SAARC
c) BIMSTEC
d) G-20
11. The present Chairperson of NITI Aayog is ______
a) Shri V. K. Saraswat
b) Dr. Rajiv Kumar
c) Shri Narendra Modi
d) Prof. Ramesh Chand
12. The central office of RBI at present situated in
a) Calcutta
b) Mumbai
c) Delhi
d) Lucknow
13. SEBI was established in the year______
a) 1982
b) 1985
c) 1992
d) 1997
14. The competition commission of India has been established
by _______
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a) President
b) Central Government
c) Parliament
d) State Government
15. In Nov 2018, _______ joined the CCI as the Chairperson
a) Shri Ashok Kumar Gupta
b) Dr. Sangeetha Verma
c) Shri Bhagwant Singh
d) Dr. Krishnamurthy
16. ICSI has ______ chapters across India
a) 80
b) 100
c) 125
d) 70
17. Tapping into the opportunities created by digital
technology and artificial intelligence is the
objective of
a) G-20 Summit
b) G-7 Summit
c) NUGen Mobility Summit
d) Shillong declaration
18. The first National Conference on Cyber Crime
investigation and Cyber Forensics was held
on
a) 4-5 Sept 2019
b) 6-7 Nov 2019
c) 8-9 Aug 2019
d) 10-11 Oct 2019
19. _______ is also known as “Wizard of Omaha “
a) Elon Musk
b) Tim Cook
c) Warren Buffet
d) Bill Gates
20. “Make America great again “was followed by
a) Bill Clinton
b) Barack Obama
c) George Bush
d) Donald Trump
21. _______ book describes the life of freedom fighter
Vinayat Damodar Savarkar
a) Savarkar
b) Vivekadeepini
c) Karmayoddha Granth
d) None of the above
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22. ______ languages are spoken across the world
a) 8976
b) 7111
c) 6987
d) 9125
23. Rupee symbol ( ) started in circulation on
a) 9th Aug 2011
b) 15th Aug 2012
c) 22 July 2012
d) 8 July 2011
24. ______ is highest civilian award of the country
a) Padma shri
b) Padma Bhushan
c) Bharat Ratna
d) Padma Vibhushan
25. The maximum no.of Bharat Ratna in a year is restricted
to ______
a) 2
b) 3
c) 4
d) 5
26. Which of the following is not on Iconic site ?
a) Hasthinapur
b) Sivasagar
c) Kaziranga
d) Dholavira
27. Iconic tourist sites consist of ______ sites
a) 17
b) 15
c) 18
d) 12
e)
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CHAPTER-2
28.RBI was established on-----
a)1 April 1954
b)1 April 1935
C)1 April 1938
d)1 April 1936
29.The---destroys the currency or coins that are not fit for
circulation.
a) SBI b) RBI
c) Central government d) none of the above
30.---- has been permitted to increase deposit insurance
coverage for a depositor.
a) NBFC b) EIGC
c) DICGC d) All of the above
31.DICGC Stands for-----
a) Deposit insurance and credit guidance corporation
b) Direct issuance and credit guideline corporation
c) Deposit interest and coverage guideline corporation
d) Direct insurance and coverage guarantee corporation
32.---is the finance minister of India
a) Venkaiah Naidu
b) Amit Shah
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c) Sushma Suraj
d) Nirmala Sitharaman
33.The quarterly review of a concurrent audit should be
placed before.
a) ACB/LMC b) ACB
c) LMC d) Both ACB & LMC
34.The minimum average monthly balance for urban centres of
SBI ranges from----
a) Rs.4000 to Rs.2000 b) Rs.5000 to Rs.3000
c) Rs.10000 to Rs.7000 d) Rs.3000 to Rs.1000
35.The maximum limit of cash deposit at non-home branch is
---- per day.
a) Rs.1 lakh b) Rs.5 lakh
c) Rs.2 lakh d) Rs.50000
36.In union budget, finance minister announced to sell a
part of holding of ---- by way of initial
public offer.
a) RBI b) SEBI
c) LIC d) PPF
37.FPI Stand for ---
a) Foreign Public Investment
b) Foreign Portfolio Investment
c) Fiscal Public Investors
d) Fiscal Portfolio Investment
38.In order to promote ‘Make In India’, new companies
inaugurated on or after 1st October
2019 has an option to income at the rate of ---
a)10% b)20%
c)18% d)15%
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39.The corporation has to spend ---- on CSR.
a)2% b)1%
c)18% d)4%
40.CSR Stands for ---
a) Corporation Sector Research
b) Collective Social Responsibility
c) Corporate Social Responsibility
d) Collective Sector Research
41.IPO Stands for ----
a) Initial Public Offer
b) Initial Portfolio Organization
c) International Public Offerings
d) Investment Portfolio Offer
42.RBI has --- regional offices
a) 25 b) 29
c) 27 d) 32
43.The functions of RBI is ----
a) Issue of currency
b) Monetary authority
c) Manager of foreign exchange
d) all of the above
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44.The central office of RBI was first established in ----
a) Mumbai b) Calcutta
c) New Delhi d) Agra
45.Since ---- RBI is fully owned by Government Of India
a) Nationalisation in 1949
b) Nationalisation in 194
c) Nationalisation in 1956
d) Nationalisation in 1950
46.RBI was established under provisions of RBI Act, ----
a) 1935 b) 1936
c) 1934 d) 1932
47.NIVRIK Stands for-----
a) Niryat Rashtriya Vaigyanik Yojana
b) Niryat Rashtriya Vikash Yojana
c) Niryat Rin Vaigyanik Yojana
d) Niryat Rin Vikash Yojana
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CHAPTER-3
48.Prime Minister Shri Narendra Modi holds which of the
following ministry
1) Ministry of Personnel, Public Grievances and Pensions
2) Department of Atomic Energy
3) Ministry of Parliamentary Affairs
Which are correct?
a)1 only b) 2 only
c)1 and 2 only d) All of above
49.As of now Shri Nitin Jairam Gadkari holds which of the
ministry?
a) Ministry of Railways
b) ministry of Micro, Small and Medium Enterprises
c) Ministry of Public Affairs
d) None of the above
50.Smt. Nirmala Sitharaman holded which of the ministry in
her previous term?
a) Ministry of Corporate Affairs
b) Ministry of External Affairs
c) Ministry of Defence
d) None of the above
51.Kalraj Mishra has been appointed as governor for which of
the following state?
a) Telangana b) Himachal Pradesh
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c) Kerala d) Rajasthan
52.Who is governor of Kerala as well as former civil
aviation minister?
a) Arif Mohammed Khan b) Kalraj Mishra
c) Bhagat Singh Koshyari d) Tamilisai Soundarajan
53.Ministry of defence has approved committee to review
defence procurement to strengthen
--- initiative.
a) Make In India b) Made In India
c) Manufactured In India d) None of the above
54.Which of the following recommendations are submitted as
report by committee on CSR?
1)Making CSR expenditure tax deductible
2)Aligning Schedule 9 with the SDGs by adopting a SDG plus
framework
3)Balancing local area preferences with national priorities
4)Introducing impact assessment studies for CSR obligation
of 5 crore only
Which of above statements are correct?
a)1,2,3 b)1,3
c)1,2,4 d)All the above
55.Consider the following statement about ‘Transformation
for Indian Agriculture’.
1)It is an eight-member committee
2)Chaired by Maharashtra chief minister Devendra Fadnavis
3)The committee will suggest modalities for adoption and
time bound implementation of
agriculture sector reforms
Which of the following are correct?
a)1,2 b)1,3
c)2,3 d)All of the above
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56.Consider the following statement about constitutional
committee for liabilities of J&K.
1)It is a 3-member advisory committee
2)Its members include retired IAS officer Arun Goyal and
retired Indian Civil Accounts Service
officer Giriraj Prasad.
3)The Committee will have to oversee the distribution of
assets and liabilities between the
Union Territories of Jammu and Kashmir only.
Which of the following are correct?
a)1,2 b)1,3
c)2,3 d)All of the above
57.Mr. Jagat Prakash Nadda became the 11th National
President of which national party?
a) Indian National Congress
b) Bharatiya Janata Party
c) Nationalist Congress Party
d) None of the above.
58.Under whose reign as president did BJP swept 2019 Lok
Sabha election with massive
majority?
a) Narendra Modi
b) Jagat Prakash Nadda
c) Raj Nath Singh
d) Amit Shah
59.Micheal Dibabrata becomes Deputy Governor as which of the
following?
a) RBI B) SBI
C) SEBI D) None of the above
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60.Who among the following as been appointed as Queens
Counsel recently?
a) Harish Salve b) Sharad Arvind Bobde
c) Shantanu Majumdar d) None of the above
61.Consider the following statement about supreme court
judges?
1) It increased the strength of judges from 31 to 35.
2) Chief Justice Krishna Murari from Punjab is one among the
four new elected judges
3) Supreme court judges are appointed by President of India.
Which of the following are correct?
a)1,2 b)1,3
c)2,3 d)All of the above
62.Who has been appointed as principal secretary of Prime
Minister recently?
a) P.K. Mishra b) Nripendra Misra
c) P.K. Sinha d) None of the above
63.Arvind Krishna has been appointed as CEO OF----
a) INTEL b) IBM
c) ACCENTURE d) WIPRO
64.Consider the following statement about National Policy on
Official Statistics.
1) A roadmap towards modernised data collection
2) This policy to enables the private sector to build Data
Centre parks throughout the country
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
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65.Consider the following statement about National Logistics
Policy.
1) It will create a single window E-logistics market.
2) It will clarify the roles of the Union Government, State
Governments and key regulators
3) it focuses on employment and competitiveness of MSMEs.
Which of above statements are correct?
a)1,2 b)2,3
c)1,3 d) All the above
66.Consider the following statement about village storage
scheme.
1) To be run by the SHGs to provide farmers a good holding
capacity and increase their
logistics cost
2) Women, SHGs to regain their position as Dhaanya Lakshmi
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
67.Recently formed UMMID scheme is launched by which
ministry?
a) Ministry of health and family welfare.
b) Ministry of Women and Child Development.
c) Ministry of Science & Technology, Earth Sciences
d) None of the above
68.Consider following statement about Kisan Maan Dhan
Yojana.
1) Prime Minister Narendra Modi launched the Kisan Maan Dhan
Yojana on the 12th of
September
2) Scheme secures the lives of 5 Crore Small and Marginal
Farmers
3) It provides a minimum pension of Rs 4000 per month on
attaining the 60 years of age
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Which of above statements are correct?
a)1,2 b)2,3
c)1,3 d) All the above
69.Consider the following statement about Pradhan Mantri
Laghu Vyapari Maan Dhan scheme.
1) The provisions apply to shop owners, rice mill owners,
oil traders, etc.
2) Retail traders with GST turnover below Rs 1.5 crore and
aged between 18-40 years, can
enrol for the scheme
3) It is a state sponsored scheme
Which of above statements are correct?
a)1,2 b)2,3
c)1,3 d) All the above
70.Consider the following statement about National Digital
Library of India.
1) NMEICT has launched the National Digital Library of
India.
2) There are more than 3 crore digital resources available
through the National Digital Library
3) The contents cover almost all major domains of education
and all major levels of learners
Which of above statements are correct?
a)1,2 b)2,3
c)1,3 d) All the above
71.Consider following statement about NEAT scheme.
1) It is under Ministry of Human Resource Development.
2) The objective is to use Artificial Intelligence to make
learning more personalised and
customised
Which of the following correct?
a)1 only b)2 only
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c) Both 1 and 2 d) Neither 1 nor 2
CHAPTER 4
72.World Youth Conference for kindness is launched by---
a) UNESCO B) UNICEF
C) UNEP D) IMF
73.Consider the following statement about World Youth
Conference for kindness.
1) First World Youth Conference on Kindness was held in New
Delhi, India
2) theme- 'Vasudhaiva Kutumbakam’: Gandhi for the
Contemporary World: Celebrating the
150th birth anniversary of Mahatma Gandhi’
3) It strive to discover ground-breaking pathways to achieve
the United Nations’ Sustainable
Development Goals
Which of above statements are correct?
a)1,2 b)2,3
c)1,3 d) All the above
74.Consider the following statement about PIO cards.
1) The Persons of Indian Origin (PIO) cards along with valid
foreign passport will be considered
for exit or entry into India till 31 March 2020
2) PIO card holdres need not convert to Overseas Citizenship
of India.
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
75.The ban of electronic cigarettes ordinance 2019
1) It is done my Ministry of Health and Family Welfare
2) Prime Minister Narendra Modi has approved the
Promulgation of Prohibition of Electronic
Cigarettes
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3) Committing the offence might lead to an imprisonment of
up to 3 year or fine up to Rs.1 lakh
for first time.
Which of the above statement are incorrect?
a)1 only b)2,3
c)3 only d)1,3
76.forever 21 bankruptcy is done in which country?
a) UK B) US
C) France D) Australia
77.Global standards of governance for Global Economic Order
is followed by---
a) TATA B) DELOITTE
C) RELIANCE D) ADITYA BIRLA
78.Consider the following statement about Global Standard of
Governance.
1) The core business philosophy is rapidly moving away from
shareholder capitalism to
stakeholder capitalism.
2) All the stakeholders are demanding a higher value, order,
accountability
3) Indian corporates need to hold themselves accountable to
global standards of governance if
India wishes to re-shape the global economic order
Which of above statements are correct?
a)1,2 b)2,3
c)1,3 d) All the above
79.Consider the following statement about Reliance Capital
1) It plans to shut down all its lending business
2) It owns three types of firms.
Which of the following incorrect?
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a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
80.Consider the following statement about Vivad se Vishwas
scheme
1) A taxpayer would be required to pay only the amount of
the disputed taxes and will get
complete waiver of interest and penalty, provided he pays by
31st March, 2020.
2) Those who avail the scheme after 31st March, 2020 not
needed to pay any additional
amount.
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
81.Consider the following statement about Sustainable
Development Goals.
1) It is launched in Bhutan’s parliament.
2) The tourists from India. Maldives, and Bangladesh have to
pay 1200 Bhutanese Ngultrum as
sustainable Development fee per day from July 2020
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
82.Consider the following statement about African Cheetah.
1) Supreme Court allowed the introduction of African Cheetah
to suitable habitat in India
2) The Supreme Court stated that the African cheetahs can be
introduced to the Kuno National
Park in Maharashtra
3) National Tiger Conservation Authority has filed petition
to relocate African Cheetah
Form Gambia to India.
Which of the above statement are incorrect?
a) 1 only b) 2,3
c) 1,3 d) All of the
above.
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83.Indian Cheetah is
deemed as-----
a) Critically
endangered
b) Vulnerable
c) Endangered
d) Extent.
84.Consider the following statement about World Ozone Day.
1) It is observed annually on September 16 to commemorate
the signing of the Montreal Protocol
on Substances that Deplete the Ozone Layer.
2) The theme of World Ozone Day 2018 was 32 Years and
Healing
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
85.Consider the following statement about Swacchta Hi Seva
2019.
1) The Swachhta hi Sewa 2019 theme was ‘plastic waste
awareness and management’
2) Prime Minister had set the goal of making India ODF by
October 2, the 150th birth anniversary of
Mahatma Gandhi under the Swachh Bharat Mission.
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
86.Nation-wide ban on single use plastic was imposed on----
a) 2nd September ,2019
b) 2nd November, 2019
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c) 2nd October, 2019
d) 1st September, 2019
87.which of the following reasons are correct about ban on
single use plastics.
1) Most of the plastic is biodegradable and over a period of
time the plastic breaks up and releases
toxic chemicals into the water bodies
2) As per National Geographic only 9% percent of the plastic
items are recyclable, the rest ends up
either buried in the land or water bodies
3) Prime Minister Narendra Modi, who has set the goal to
make India free of single-use plastics by
2022
Which of above statements are correct?
a)1,2 b)2,3
c)1,3 d) All the above
88.Recently NGT set up a committee to examine the allegation
of illegal sand mining in ---- river
a) Yamuna b) Kaveri
c) Ganga d) Krishna
89.Consider the following statement about NGT committee on
illegal sand mining
1) The decision was taken by NGT Chairperson, Justice Adarsh
Kumar Goel.
2) Delhi’s Pollution Control Committee will be the nodal
agency for coordination and compliance of
the task
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
90.BASIC meeting on Climate Change was held in---
a) Brazil b) China
c) India d) South Africa
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91.Consider the following statement about BASIC meeting on
Climate Change
1) India was represented by Union Environment Minister
Prakash Javadekar.
2) BASIC countries expressed concern about climate change
and its adverse effects and reaffirmed
their commitment to successful implementation of UNFCCC
Which of the following incorrect?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
92.COP 25 meeting is decided to be held in ---
a) Paris b) Chile
c) Morocco d) Poland
93.Consider the following statement about State Rooftop
Solar Attractiveness Index (SARAL)
1) Launched by Ministry of State for Power and New &
Renewable Energy (IC) and Skill
Development & Entrepreneurship
2) Telangana has been placed at the first rank in the Index
that evaluates Indian states based on
their attractiveness for rooftop development
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
94.SARAL has been designed collaboratively by which of the
following
1) Ministry of New and Renewable Energy (MNRE)
2) Shakti Sustainable Energy Foundation (SSEF)
3) Ernst & Young (EY)
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Which of the above are correct?
a)1,2 b)1,3
c)2,3 d)1,2,3
95.The MANI app released recently to assist visually
challenged persons by –
a) SBI B) RBI
C) INDIAN BANK D) None of the above
96.Consider the following statement about ADITYA L-1
1) It is ISRO and Russia joint mission
2) It will be placed in the halo orbit near the L1 point of
the Sun-Earth system
3) It is expected to be launched by end of 2020
Which of the above are correct?
a)1,2 b)1,3
c)2,3 d)1,2,3
97.Consider the following statement.
1) ISRO and DRDO have signed a Memorandum of Agreement (MoU)
to develop human-centric
systems for the Human Space Mission to demonstrate ISRO's
human space flight capabilities
2) DRDO will be providing critical technologies to ISRO
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
98.Consider the following statement about chandrayaan-2
mission
1) It consists of Orbiter, Lander and Rover.
2) its goal was to discover north pole of the moon
3) It was launched by GSLV Mk-III
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Which of the above are correct?
a)1,2 b)1,3
c)2,3 d)1,2,3
99.Consider the following statement about gaganyaan mission
1) ISRO aims to launch its maiden Human Space Mission,
Gaganyaan before the 75th anniversary
of India’s independence in 2022
2) The crewed space mission is planned to be launched aboard
ISRO’s GSLV Mk III
Which of the following correct?
a)1 only b)2 only
c) Both 1 and 2 d) Neither 1 nor 2
100.Consider the following statement.
1) The President of India Ram Nath Kovind launched the first
Indigenous High-Temperature Fuel
Cell System developed by Council of Scientific and
Industrial Research (CSIR) under ‘New
Millennium Indian Technology Leadership Initiative (NMITLI)
2) The 5.0 kW fuel cell system generates power in a green
manner
3) Fuel Cells developed are based on High- Temperature
Proton Exchange Membrane (HTPEM)
Technology
Which of the above are correct?
a)1,2 b)1,3
c)2,3 d)1,2,3
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1. B 21 A 41 A 61 C 81 C
2. A 22 B 42 C 62 A 82 B
3. D 23 D 43 D 63 B 83 D
4. C 24 C 44 B 64 C 84 A
5. A 25 B 45 A 65 D 85 D
6. D 26 C 46 C 66 B 86 C
7. B 27 A 47 D 67 C 87 B
8. C 28 B 48 C 68 A 88 A
9. D 29 B 49 B 69 A 89 C
10. A 30 C 50 C 70 D 90 A
11. C 31 A 51 D 71 C 91 D
12. B 32 D 52 A 72 A 92 B
13. C 33 A 53 A 73 D 93 A
14. B 34 B 54 B 74 A 94 D
15. A 35 C 55 C 75 C 95 B
16. D 36 C 56 A 76 B 96 C
17. B 37 B 57 B 77 D 97 C
18. A 38 D 58 D 78 D 98 B
19. C 39 A 59 A 79 B 99 C
20. D 40 C 60 A 80 A 100 D
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1. In _____ several people can talk each other and see each
other on television screen
simultaneously.
a. Multimedia.
b. Voicemail
c. Teleconferencing/Videoconferencing
d. Fax
2. ‘A single controlling authority is involved in vertical
type communication and people are
communicating with a central figure or person. This central
figure or a person radiates
instruction and orders to several of his employees who are
working under him’ This type of
network is called
a. Wheel and spoke network
b. Chain network
c. Vertical network
d. Circuit network
3. Which of these reports contains information of a routine
nature?
a. Periodic report
b. Trouble report
c. Progress report
d. Laboratory report
4. Which of these following is odd word out?
a. Hideous
b. Gorgeous
c. Elegant
d. Exquisite
5. A _____ is used to end a declarative sentence , a
sentence which is not a questions or an
exclamation.
a. Hyphen
b. Space
c. Comma
d. Full stop
6. The phrase Vox Populi means :
a. Word for word
b. Conversely
c. An oral examination
d. The voice of the people is voice of god
7. The communication within the organisation is known as
______.
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a. Verbal communication
b. Internal communication
c. External communication
d. Informal communication
8. A wee- written _____ delivers the most important
information , without the recipient even having
to open the email
a. Message
b. Salutation
c. Subject line
d. None of the above
9. Communication word is derived from the Latin word ___.
a. Communion
b. Communis
c. Communicare
d. Cosmos
10. Noise is ______ barrier to communication
a. Semantic
b. Physical
c. Socio-Psychological
d. None of the above
11. Use a single word for :
Delibrate killing of whole community or race
a. Atheist
b. Flora
c. Genocide
d. Hangar
12. Give an Antonym for the word: Audacity
a. Affectionate
b. Cowardice
c. Lavish
d. Bravado
13. Following sentence is divided into four parts. One of
the parts may contain a mistake. Identify
that part and select the appropriate answer.
a. Six prototype
b. Of each device
c. Are now being tested
d. In hospitals in India
14. The idioms: Crocodile Tear means:
a. A narrow escape from mishap
b. Without emotion
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c. Pretented sorrow
d. Jealously
15. Which of the following protocol is use by the web?
a. HTTP
b. HPPT
c. HTPT
d. HTPH
16. The channel of communication which is mostly associated
with gossip and rumours, is called:
a. Upward communication
b. Formal communication
c. Grapevine
d. Social gathering
17. Give synonym of the word: Idiosyncrasy
a. Affectionate
b. Preposterous
c. Eccentricity
d. Tormenting
18. Given below is an paragraph where the sentence are not
in order. Choose the correct order in
which the sentence can be rearranged to form a coherent
paragraph.
I) Columbus called these people Indian because he thought
that he had reached india.
II) And, of course, most scholars agree that America was
discovered many years ago by
ancients who crossed the Narrow Bering Strait to Alaska.
III) Few lands have been discovered as often as America.
IV) They then spread south and east across North America and
further southward to central
America and beyond.
V) According to various claims, voyages to the new world had
been made by the Phoenicians,
Irish, Viking, welsh and Chinese long before Christopher
Columbus reached the Caribbean in
1942.
The correct order in which the above sentence can be
organised to form a paragraph is:
a. (V),(IV),(III),(II),(I)
b. (III),(V),(II),(IV),(I)
c. (III),(V),(I),(II),(IV)
d. (V),(II),(IV),(III),(I)
19. The Proverb “Birds of a feather ,flock together” means
a. From one trouble to another big trouble
b. One never lose hope
c. Said of something impossible
d. People of like Character come together.
20. The original amount that is borrowed or the outstanding
balance to be rapid less interest is
called ___
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a. Simple interest
b. Principle
c. Instalment
d. Divident
21. When words are used in communication , either spoken or
written, this kind od communication
is called as:
a. Non-verbal communication
b. Downward communication
c. Verbal communication
d. Upward communication
22. Always start writing your email with a _______
a. Greeting
b. Purpose
c. Question
d. Closing remark
23. Outsourcing means:
a. The activity of providing goods and service involving
financial and commercial and
industrial aspects.
b. Commercial process involved in promoting and selling and
distributing a product or service
c. Contracting our selected functions or activities of an
organizations to other organization
that can do that work more efficiently.
d. Business or government activities that is purposely
designed to simulate inventions and
innovations.
24. In MIS system design, the source of information may be
categorized as ______ and _______.
a. Constructive ,destructive
b. Personal , organizational
c. Internal, External
d. Useful unuseful
25. Choose the appropriate combination of an article(a,an or
the) to fill the two blanks in each of the
sentence given below: It is not at all unusual for ____
editor to tamper with ___ writer’s
manuscript.
a. The, no article
b. An, no article
c. An, the
d. An ,a
26. Before sending any written communication, one should
take a moment to review for spelling ,
grammar and punctuations mistakes. This practice is called:
a. Proof reading
b. Checking the tone
c. Over-communication
d. Courtesy
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Read the following passage:
27. A large part of the increased food production is lost
because of:
a. Bad eating habits of the people
b. The destruction caused by the harmful insects
c. The lack of irrigation facilities
d. The inadequate rainfall in the country
28. The function of the Insecticides is:
a. To store the harvested crop
b. T harvest the growing crop
c. To protect the growing crop
d. To nourish growing crop
29. When the farmer sprays his field with chemicals that
kills insects:
a. He fertilizers the soil
b. He spoils his growing crops
c. He kills goods as well as bad insects
d. He decreases his food productions.
30. The common earthworm:
a. Reduces the grain to dust
b. Is the greatest destroyer of the crops
c. Makes the soil more rich
d. Breaks up the leaves on the crop
31. After harvesting what the farmer needs is:
a. A good supply of seeds
India loses grain crops worth crores of rupees every years
because of pests. In fact, the increased
food production made possible by modern technology and
agricultural research would become
more evident if farmer is able to effectively combat the
various pests and insects and destroys the
crops. While some of the crops are destroyed after
harvesting, a large quantity of crops is destroyed
in the fields. True that Indian farmers today is better able
to combat these destroyers of grains, for
the made available to him better storing facilities for the
harvested crops, and modern chemical aid
like insecticides with which he may spray the growing crops
in his fields. But, one has to remember
that not all insects are harmful. The common earthworms, for
instance, is a friend of man, because it
works like a dustman by breaking up the dead leaves and wood
from plants and mixes them with a
soil, thus making the soil richer. Therefore, when a farmer
sprays his filed with chemicals that kills
insects , he destroys his friends with his enemies.
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b. A safe place for storage
c. Ability to combat the weather
d. A lot of chemical fertilizer
32. The receiver’s response(or non-response) to a message is
called:
a. Input
b. Message
c. Feedback
d. Channel
33. Answering the letters promptly, apologizing for any
omissions or thanking generously for a
favour are the few examples of ______ principle in
communications.
a. Completeness
b. Clarity
c. Correctness
d. Courtesy
34. Any asset that is pledged as security for a loan
instrument is called_____
a. Liability
b. Capital
c. Collateral
d. Share
35. Pick the most effective word from the given words to fill
in the blanks to make sure the
sentence is meaningfully complete.
The proud king turned a deaf ear to the _____ of wise
counsellors.
a. Advice
b. Advices
c. Advises
d. Advise
36. Fill up the blanks by choosing the most appropriate
option
He was not listening ____________ I was saying
a. To what
b. That
c. Which
d. What
37. Choose the most grammatically correct option from below:
a. The Titanic did not reach its destination
b. The Titanic did not reach his destination
c. The Titanic did not reach their destination
d. The Titanic did not reach her destination
38. Choose the correct spellings in option given below
a. Adherance
b. Adheranse
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c. Adharence
d. Adherence
39. Choose the most appropriate option for each of the
following questions:
“Mala fide” means:
a. Genuine
b. Trustworthy
c. Generous
d. Bad intension
40. ______ is distracting and interfaces with the
communication process.
a. Sender’s voice
b. Noise
c. Receiver’s voice
d. None of the above
41. Communication is a process_____ as it incorporates the
change shape of the participants
and the environment.
a. Slow
b. Dynamic
c. New
d. Costly
42. Read the jumbled passage carefully and then pick the
option in which the best sequence is
shown:
I This clearly indicates that the brains of men and women
are organised differently in the way they
process speech.
II Difference in the way men and women process language is
of specially interest to brain
researchers.
III However, women are more likely than men to suffer
aphasia when the front part of the brain is
damaged.
IV It has been known that aphasia- a kind of speech
disorder- is more common in men than in
women when the left side of the brain is damaged in an
accident or after a stroke.
The best sequences is :
a. II,IV,III,I
b. IV,III,II,I
c. II,I,III,IV
d. IV,I,III,II
43. An amount set aside out of profits or surpluses to meet
contingencies is called:
a. Royalty
b. Repo
c. Reserve
d. Collateral
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44. Choose the correct spellings in options given below:
a. Remuneration
b. Renumeration
c. Renumaration
d. Remunaration
45. Choose the most grammatically correct option from below:
a. Please stop interfering for my romantic life
b. Please stop interfering with my romantic life
c. Please stop interfering into my romantic life
d. Please stop interfering in my romantic life
46. Known to self and known to others is called _____ on
Johari Window.
a. Blind spot
b. Unknown
c. Arena Quadrant
d. Façade
47. An address bar is also known as:
a. URL bar
b. Search bar
c. HTTP bar
d. Web browser bar
48. A Quorum is:
a. Minimum number of members required to be present in order
to transact business at a
meeting
b. A list of securities owned by a person
c. A person who own a business
d. One who acts on behalf of others
49. Find out the appropriate meaning of the given word from
the choices given below it:
Empathy.
a. Opposition
b. Ire
c. Tranquility
d. Understanding
50. Price-list, Manuals, Purchase Orders are examples of:
a. Horizontal communication
b. External communication
c. Internal communication
d. Vertical communication
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51. The worker’s empowerment and their participant in management
had led to an increase in
the flow of:
a. Downward communication
b. Upward communication
c. Diagonal communication
d. Horizontal communication
52. Choose the most appropriate option for each of the
following question:
“Pro rata” means:
a. A summary or curriculum vitae
b. Point by point
c. For the good of the public
d. According to rate or proportion
53. The purpose of MIIS is to:
a. To reduce management clashes
b. To allocate different types of resources to different
functional areas
c. To increase labour output
d. To help in recruitment
54. Communication being particular and clear rather than
fuzzy and general implies which
Principle of communication?
a. Principle of Conciseness
b. Principle of Courtesy
c. Principle of Clarity
d. Principle of Concreteness
55. Choose the most appropriate option for each of the
following question:
“To smell a rat” means
a. To suspect a trick
b. To trust blindly
c. To behave like a rat
d. To detect a foul smell
56. Read the jumbled passage carefully and then pick the
option in which the best sequence is
shown:
i. Converting money into several currencies in the course of
one trip can also be quite
expensive, given that banks and bureaux de change charge
commission on the
transaction.
ii. Trying to work out the value of the various notes and
coins can be quite a strain ,
particularly if you are visiting more than one country.
iii. Travel can be very exciting , but it can also be rather
complicated.
iv. One of these complications is, undoubtedly foreign
currency.
The best sequence is:
a. iv,i,iii,ii
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b. ii,i,iii,iv
c. iii,iv,ii,i
d. iv,iii,ii,i
57. Fill up the blanks by choosing the most appropriate
options:
My father was annoyed
_________ me
a. With
b. Upon
c. towards
d. against
58. Fill up the blanks by choosing the most appropriate
options:
Some people believe that in emotional maturity men are
inferior ________ women.
a. Against
b. From
c. Than
d. To
59. Choose the most appropriate option for each of the
followings
“To cool one’s heels” means
a. To kick someone with a heels
b. To walk on the heels
c. To close the chapter
d. To wait and rest for some time.
60. A/An ________ is an evaluation/assessment or review of a
particular event , issue, period
or set of circumstances related to a business
a. Business letter
b. MIS
c. E-mail
d. Business report
61. Read the jumbled passage carefully and then pick the
option in which the best sequence is
shown
i. She was right about three curiosity, freckles and doubt
but wrong about love
ii. “Pour of the rings I’d be better without: Love,
curiosity, freckles and doubt ”
iii. Love is indispensible in life
iv. So wrote Dhorothy Parker , the American writer.
The best sequence is
a. iv,i,iii,ii
b. ii,iv,i,iii
c. iii,i,iv,ii
d. iv,iii,ii,i
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Read the given passage carefully and give the appropriate
answer:
62. Choose most appropriate option:
Nature writing emphasizes on:
i. Historical facts about the nature
ii. Philosophical Interpretations of the nature
iii. Scientific information and facts
a. Only (i) and (ii)
b. Only (i) and (iii)
c. (i) , (ii), and (iii)
d. None of the above
63. Based on the passage what is period to which the modern
nature writing can be traced to:
a. 1850 till 1999
b. 1850 to 1899
c. 1750 till 1899
d. 1750 till 1900
64. Which statement summarizes the above passage?
a. The passage talks about the life and lessons of Glibert
White, a profound naturalist and
ornithologist
b. The passage talks about how the nature writing is missing
in the modern era and needs to
be revived.
c. The passages talks about from where the writers draw
inspiration for nature writings, and
how its importance is diminishing in the modern era.
d. The passage talks about what nature writing is , the
different types of nature writing, its
style and about the roots and pioneer of modern nature
writing.
Nature writing is nonfiction or fiction prose or poetry
about the natural environment. Nature
writing encompasses a wide variety of works, ranging from
those that place primary emphasis on
natural history facts(Such as field guides) to those in
which philosophical interpretation
predominate. It includes natural history essays, poetry,
essays of solitude or escape , as well as
travel and adventure writing.
Nature writing often draws heavily on scientific information
and facts about the natural world: at
the same time: it is frequently written in the first person
and incorporates personal observations of
and philosophical reflections upon nature.
Modern nature writing traces its roots to the works of
natural history that were popular in second
half of 18th century and throughout the 19th. An important
early figure was the “Parson-naturalist”
Gilbert White (1720-1793) a pioneering English naturalist
and ornithologist. He is best known for
his Natural History and Antiquities of Selborne(1789).
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65. Which word aptly describes the “Reflections” as used in
the passage.
a. Opinion
b. Reproduction
c. Images
d. None of the above
66. According to the passage , what kind of works are
written as part of nature writing?
i. Natural history essays and essays of solitude or escape
ii. Poetry
iii. Travel and adventure writing
Choose the correct options:
a. Only (i)
b. Only (i) and (ii)
c. Only (ii) and (iii)
d. All of the above
67. Under _______ data can be stored on cloud.
a. Big data storage
b. File storage
c. Cloud storage
d. Electronic storage
68. Find out the appropriate meaning of the word from the
given choices below it:
Perjure
a. To confess
b. To hide
c. To demy
d. To lie
69. Fill up the blanks by choosing the most appropriate
options:
Drinking country liquor at marriage is a custom ____ certain
tribes
a. Between
b. With
c. In
d. Among
70. When addressed to all employees an Office memorandum is
as good a/an _______
a. Office order
b. Office circular
c. Report
d. Business letter
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71. Fill up the blanks by choosing the most appropriate
option.
There is a lot of work ____ hand. Let’s cancel ____ picnic.
a. In, a
b. On, a
c. Upon, the
d. In, the
72. Read the following jumbled passage carefully and then
pick the option in which the best
sequence is shown.
i) People who start up their own business typically come
from two extreme backgrounds :
One is the business family background and the other is
steady professional family
background.
ii) Typically, people from different backgrounds face
different kind of basic problems.
iii) The people from both background find it very difficult
to establish and manage an
enterprise.
iv) Starting up and managing a small business is no joke.
a. iii, iv, i, ii
b. iv, ii, iii, i
c. ii, i, iii, iv
d. iv, i, iii, ii
73. Fill up the blanks by choosing the most appropriate
option:
It’s unfortunate that he died _______ cancer.
a) By
b) With
c) Of
d) From
74.The activities in an organization are of the following
three types:
a) Informational, Core, Ancillary
b) Confidential, Operational and Ancillary
c) Strategic, Tactical and Operational
d) Strategic , Confidential and Routine
75.A Legal charge on property which holds is as a security
for a loan is called:
a) Monopoly
b) Mortgage
c) Moratorium
d) Merger
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76. The Listener forming a biased opinion by looking at the
speaker’s look, dress and mannerism
is a sign of:
a. Over enthusiasm
b. Disinterestedness
c. Pre-Judging the speaking
d. Diffidence
77.Choose the correct option for the underlined part of
sentence to make the sentence
grammatically correct:
You should avoid to make such stupid mistakes.
a. Avoid make
b. Avoid making
c. Avoid to have
d. Avoid to made
78.Choose the most appropriate option for each of the
following questions:
“Bona fide” means:
a. Trustworthy
b. Generous
c. Genuine
d. bad intension
79. Fill up the blanks by choosing the most appropriate
options:
Bala, along with his friends, _____ for basketball practice.
a. Go
b. Are going
c. Goes
d. Were going
80.Choose the correct option for the underlined part of
sentence to make the sentence
grammatically correct.
Sheela told her teacher to explain the chapter once again.
a. Ordered her teacher
b. Said to her teacher
c. Asked her teacher
d. Invited her teacher
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81. A __ helps in retrieving the letter at a later stage.
a. CIN
b. Reference number
c. Date
d. Special marking
82. Full form of WWW is ___
a. World With Web
b. World Wide Web
c. World Wide Word
d. Web Wide World
83. Choose the most appropriate option for each of the
following questions:
“Vis-a-vis” means:
a. Opposite
b. Face-to-face
c. Agree
d. Direct
84. Read the jumbled passage carefully and then pick the
option in which the best sequence is
shown:
i) Progress in diagnosis, in prevention medicine and in
treatment , both medicinal and
surgical , has been rapid and breath taking.
ii) Much in medicine which is not taken for granted was
undreamt of even as recently as
20 years ago.
iii) Presently small pox has been eradicated , poliomyelitis
practically banished , tuberculosis
has become curable and coronary artery disease surgically
relievable.
iv) The dramatic surge in the field of molecular biology and
research by immunologists and
geneticists has succeeded in controlling parasitic diseases
like malaria and river blindness
that affect millions of people round the world.
a. ii, iii, i, iv
b. ii, iv, iii, i
c. ii, i, iii, iv
d. ii, iv, i, iii
85. ______ folder stores those messages that have been
created but have not sent by the user so
far.
a. Trash
b. Inbox
c. Spam
d. Draft
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86. ________ Listener literally assess the verbal content on
the basis of words not paralinguistic
or non-verbal cues.
a. Imaginative
b. Passive
c. Evaluation
d. Active
87. In 1965, ____ was the first to demonstrate the use of
first email system known as mailbox
a. MIT
b. Caltech
c. Cambridge university
d. Stanford university
88. “Dear Sir/Madam” in a letter is:
a. Salutation
b. Subject heading
c. Main body
d. Attention line
89. A Litigant is:
a. A party to a case
b. Principal Amount
c. A formal legal document
d. Authority given to take some action
90. Fill up the blanks by choosing the most appropriate
options:
I can’t bear ______ late.
a. On
b. To
c. Being
d. Be
91. Fill up the blanks by choosing the most appropriate
options:
If you promise _____ angry with me , I’ll tell you what I
broke.
a. Get not
b. Not getting
c. Not get
d. Not to get
92. Find out the Antonym of the given word from the choices
given below it:
Relinquish
a. Abdicate
b. Possess
c. Renounce
d. Deny
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93. Choose the misspelled word from below:
a. Rhythm
b. Definite
c. Ceiling
d. Millennium
94. Choose the most appropriate option for each of the
following questions:
“To give the game away ” means:
a. To lose the game
b. To give a walk-over in a game
c. To reveal the secret
d. To play the game badly
95. In a ____ format of letter layout, the date , all
references , subject, salutation, paragraph of
the body, conclusion and signature , all commerce at the
left margin.
a. Blocked
b. Semi-blocked
c. Partially-blocked
d. None of the above
96. Choose the misspelled word from below:
a. stupendous
b. Successor
c. charismatic
d. Corroborate
97. How long is the Himalayan mountain range?
a. 2400ml
b. 15000ml
c. 1500ml
Read the given
passage carefully and choose the most appropriate option to the questions.
The Himalayas, or Himalaya , form a mountain range in Asia ,
separating the plains of the Indian subcontinent from
the Tibetan Plateau.
The Himalayan range has many of the Earth’s highest peak’s ,
including the highest , Mount Everest. The Himalayas
include over fifty mountains exceeding 7,200 m (23,600 ft)
in elevation , including ten of the fourteen 8,000 –metre peaks.
By contrast, the highest peak outside Asia (Aconcagua, in
the Andes) is 6,961 m (22,838 ft) tall.
Lifted by the subduction of the Indian tectonic plate under
the Eurasian Plate,the Himalayan mountain range runs
west-northwest to east-southeast in an arc 2,400 km
(1,500mi) long. Its western anchor, Nanga Parbhat , lies just south of
the northernmost bend of Indus river. Its eastern anchor , Namcha
Barwa , is just west of the great bend of the Yarlung
Tsangpo River (upper stream of the Brahmaputra River). The
Himalayan range is bordered on the northwest by the
Karakoram and the Hindu Kush ranges. To be north , the chain
is separated from the Tibetan Plateau by a 50-60km (31-
37mi) wide tectonic valley called the Indus-Tsangpo Suture.
Towards the south the arc of the Himalaya is ringed by the very
lowIndo-Gangetic Plain. The range varies in width from 350
km (220ml) in the west (Pakistan) to 150 km((93ml) in the east
(Arunachal Pradesh) . The Himalayas are distinct from the
other great ranges of Central asia , although sometimes the term
‘Himalayas’ (or ‘Greater Himalaya’)is loosely used to
include the Karakoram and some of the other ranges.
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d. 2400ml
98. What is the northwest border of the Himalayas?
a. Karakoram & Hindu Kush
b. Indus-Tsangpo Suture
c. Hindu Kush & Nanga Parbhat
d. Karakoram & Nanga Parbat
99. How many peaks in the Himalayas are above 8000 metre
above the sea level?
a. Fifty
b. Fourteen
c. Ten
d. Five
100. Which word is the passage means “The sideways and
downwards movement of the edge of a
plate of the earth’s crust into the mantle beneath another
plate”?.
a. Tectonic
b. Subduction
c. Anchor
d. valley
101. Which statement summarizes the information given the
passage?
a. The passage talks about how the Himalayas act as a
barrier to icy winds for India
b. The passage talks only about the geographic boundaries of
the Himalayas
c. The passage talks about the Mount Everest in the
Himalayas
d. The passage talks about the geographic boundaries and the
might of the Himalayas
102. Choose the most appropriate option for each of the
following questions
“To take a leap in the dark” means:
a. To discourage someone
b. To give up
c. Take a risky action
d. Gain an advantage
103. Read the jumbled passage carefully and then pick the
option in which the best sequence is
shown:
i). Venture capital is recommended as the ideal source of
financing for a successfully small
business
ii). Several companies including start-ups have been funded
by dedicated venture funds
during this decade.
iii). Despite, this an average Indian entrepreneur
understands and appreciation of Venture
capital concept has been woefully inadequate.
iv). In the Indian context, though venture capital has been
a relatively late entrant, it has
already made a reasonable impact
a. i, iii, ii, iv
b. i, iv, ii, iii
c. i, ii, iii, iv
d. i, iv, iii, ii
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104. Find out the Synonym of the given word from the choices
given below it:
Genial
a. friendly
b. blemished
c. Over bearing
d. Hollow
105. According to _____ , communication in its simplest form
of conveying of information from one
person to another.
a. Scott
b. Hudson
c. Kotler
d. Drucker
106. Fill up the blanks by choosing the most appropriate
option:
I like reading journals __________ novels.
a. The best
b. The less than
c. Most then
d. More than
107. Choose the correct spellings in options given below:
a. accommedation
b. accomedation
c. accomadation
d. accommodation
108. Choose the most appropriate option for each of the
following questions:
“To bury the hatches” means:
a. To cremate carcass of an animal
b. To plant grass in the field
c. To hid some features
d. To end a feud with an enemy
109. An agreement between parties in order to create legal
obligations under a seal or for a
consideration and enforceable by law is called”
a. Consortium
b. Collateral
c. Consignment
d. Contract
110. ______ allows cumbersome knowledge to be maintained and
easily accessed
throughout the company using hypermedia and web technologies
a. Web publishing
b. Web communication
c. Web circulars
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d Website
111. Which of the following protocol is used by web?
a. HTTP
b. HPPT
c. HTTM
d. HTPH
112. Choose the correct spellings in options given below:
a. Gellows
b. Ghallows
c. Gallows
d. Ghellows
113. Memo, Report, Office order, Circulars,Graphs/Charts ,
staffs, Newsletter, E-mail are
all examples of _________.
a. Visual Communication
b. Written communication
c. Oral communication
d. Audio-Visual communication
114. Fill up the blanks by choosing the most appropriate
options:
There isn’t ________ water in the overheat tank.
a. Any
b. Something
c. Lot of
d. Little
115. Fill up the blanks by choosing the most appropriate
options:
A fire broke _____ in the neighbourhood
a. Out
b. Off
c . From
e. Away
f.
116. A letterhead contains the following:
a. Company logo
b. Name and address of registered office, corporate office
c. Contact numbers
d. All of the above
117. _________ is a global network of networks.
a. Email
b. Intranet
c. Internet
d. Website
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118. The Vertical Network is usually between ______ and
_______.
a. Superior , subordinate
b. teacher, student
c. firm, customer
d. subordinate , subordinate
119. Choose the most appropriate option for each of the
following questions:
“Ab initio” means :
a. In defence of a comment
b. From the beginning
c. In continuation with
d. In connection with the future
120. “A communication should be clear so the recipient can
understand what the sender
really wants to communicate” denotes which Principle of
Communication?
a. Principle of Consideration
b. Principle of Clarity
c. Principle of Correctness
d. Principle of Conciseness
121. A _____ is an evaluation or assessment or review of a
particular event, issue,
period or a set of circumstances which is related to a
business.
a. Letter
b. Business report
c. MIS
d. Memorandum
122. ________ is used to find, retrieve and display
information available on the world
wide web
a. Web browser
b. Intranet
c. email
d. Internet
123. Communication where messages are communicated through
body
languages(i.e.,)facial expressions and gestures is
called________.
a. Horizontal communication
b. Downward communication
c. Verbal communication
d. Non-verbal communication
124. Ant deleted mail is put in _________ folder
a. Inbox
b. Trash
c. Spam
d. sent
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125. Fill up the blanks by choosing the most appropriate
option:
They always give the available seats to__________ comes
first.
a. Whichever
b. Whom
c. Whomever
d. Whoever
126. In each of the following sentences four words or
phrases re underlined. If there is
any mistake with regards to grammar or usage , it is in the
underlined part only. Identify the
incorrect part.
Evidently our product is the most unique in the market.
A B C D
a. C
b. A
c. B
d. D
127. Find out the appropriate meaning of the given word from
the choices given below it:
Treason
a. Insult to the ruler
b. Desecrating the flag
c. Campaign of Republic
d. Betrayal of Country
128. Choose the most appropriate option for each of the
following questions:
“Amicus curiae” means:
a. One among the parties to the dispute
b. A friend of the court
c. One of the judges of the court
d. One among the expert witness in a case
129. Choose the most appropriate option for each of the
following questions:
“Faux pas” means:
a. Social blunder
b. False
c. Expected to happening
d. Fake identity
130. The purpose of MIS is to :
a. To prepare future plans for short and long term basis
b. To allow management by exception
c. To report organization performance to shareholders
d. all of the above
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131. In each of the following sentences four words or
phrases re underlined. If there is
any mistake with regards to grammar or usage , it is in the
underlined part only. Identify the
incorrect part.
The most difficult job is to bend and then lifting the
weight.
A B C D
a. A b. D c. B d. C
Read the given passage carefully and choose the most appropriate
option to the questions:
The World Trade Organisation (WTO) was created in the early
1990s as component of he
Uruguay Round negotiation. However it could have been
negotiated as part of the Tokyo Round of the
1970s , since negotiation was an attempt at a
‘constitutional reform’ of General Agreement on Tariffs
and Trade(GATT). Or it could have been put off to the
future, as the US government wanted . What
factors lead to the creation of the WTO in the early 1990s ?
One factor was the pattern of multilateral
bargaining that developed late in the Uruguay Round. Like
all complex international agreements , the
WTO was a product of series of trade –offs between principle
actors and groups . For the United States,
which did not want a new organizations , the disputed
settlement part of WTO package achieved its
longstanding goal of more effective and more legal dispute
settlement system. For the Europeans , who
by the 1990s had come to view GATT dispute settlement less
in political terms add more as regime of
legal obligations , the WTO package was acceptable as a
means to the discipline the resort to unilateral
measures by the United States, countries like Canada and
other middle and smaller trading partners
were attracted by the expansion of a rule based system and
by the symbolic value of a trade organization
, both of which inherently support weak against the strong .
The developing countries were attracted due
to the provisions banning unilateral measures. Finally and
perhaps most important , many countries at
Uruguay Round came to put a higher priority on the export
gains than on the import losses that the
negotiation would produce , and they came to associate the
WTO and a rule-based and a rule based
system with those gains This reasoning replicated in many
countries- was contained in US Ambassadors
Kantor’s defence of the WTO , and it announced to be
recognition that international trade and its
benefits cannot be enjoyed unless trading nations accept the
discipline of a negotiated rule based
environment. A second factor in the creation of the WTO was
pressure from lawyers and the legal
process The dispute settlement system of the WTO was seen as
a victory of legalistic but he matter went
deeper that that . The GATT, and the WTO are contract
organizations based on rules, and it is inevitable
than an organization creating a future rule will in turn be
influenced by legal process. Robert Hudee has
defined the “momentum of legal document” But what is it precisely?
Legal development can be defined
as the promotion of technical and legal values for the ones
who are responsible for administering any
legal system will seek to maximize. As it played out in the
WTO, consistency meant integrity under one
roof the whole lot of separate agreements signed under GATT
auspices; clarity meant removing
ambiguities about the powers of contracting parties to make
certain decisions or to undertake waivers;
and effectiveness meant eliminating exceptions arising out
of grandfather – rights and resolving defects
in dispute settlement procedure and institutional
provisions. Concerns for these values is inherent in any
rule based system of co-operations, since without these any
value rules would be meaningless in first
place therefore create their own incentive for their
fulfilment. The moment of legal development has
occurred in other institution besides the GATT, most notably
in the European Union(EU). Over the past
two decades the European Court of Justice has consistently
rendered decisions that have expanded
incrementally the EU’s internal market, in which the
doctrine of ‘mutual recognition ’ handed down in
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132. In the statement “___ it amounted to a recognition that
international trade and its
benefits cannot be enjoyed unless trading nations accept the
discipline of a negotiated rulebased environment “, it refres to:
a. Ambassadors Kantor’s defence of the WTO
b. The provisions of a rule based system by the WTO
c. The exports gains many countries came to associate with a
rule based system
d. The higher priority on exports gains placed by many
countries at the Uruguay Round
133. What would be the closest reason why WTO was not formed
in 1970s?
a. Lawyers did not work for the dispute settlement system
b. The US government did not like it
c. Important player did not find it in their best interest
to do so.
d. The Tokyo Round negotiations was an attempt at
constitutional reforms
134. In the method of interpretations of the European Court
of Justice:
a. Enunciation of the most elementary community goals needed
to be emphasized
b. Contracting party trade practices need to be consistent
with stated rules
c. Actions against member states needed to be evaluated
against the said community goals.
d. Current policies need to be consistent with stated goals
135. According to the passages , WTO promoted the technical
legal value party through:
a. Grandfather-rights exceptions and defects in dispute
settlements procedures.
b. Ambiguities about the power of contracting parties to
make certain decisions
c. Integrating under one roof the agreements signed under
GATT
d. Rules that create their own incentive for fulfilment.
136. The most likely reason for the acceptance of the WTO
package by nations was that:
a. It has the means to prevent the US from taking unilateral
measures
b. They recognized the need for a rule-based environment to
protect the benefits of increased
trade.
c. In settled disputes more legally and more effectively
d. Its rule based system leads to export gains.
In the large part of the WTO was an exercise in
consolidation. In the context of a trade
negotiation that created a near revolutionary expansion of
international trade rules, the formation of
the WTO was a deeply conservation act needed to ensure that
the benefits of the new rules would not
be lost. The WTO was all about institutional structure and
dispute settlement : these are the concerns of
conservatives and not revolutionaries : that is why lawyers
and legalists took the lead on these issues.
The WTO codifies the GATT Institutional practice that had
developed by custom over three decades, and
it incorporated a new dispute settlement system that was
necessary to keep both new and old rules
from becoming a sham. Both the international structure and
the dispute settlement system were
necessary to preserve and enhance the integrity of the
multilateral trade regime that had been built
incrementally from the 1940s to the 1990s.
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137. _________ is the fall in the value of fixed or movable
asset due to wear and tear or
passage of time.
a. Depreciation
b. Discount
c. Depository
d. Deposit
138. Read the jumbled passage carefully and then pick the
option in which the best sequence is
shown.
i. The Supertag scanner could revolutionise the way people
shop, virtually eradicating
supermarket queues:
ii. The face of retailing will change even more rapidly when
the fibre optic networks being built
by cable TV companies begin to be more widely used:
iii. The scanner would have a double benefit for supermarket
removing the bottleneck which
causes frustration to most customers and reducing the number
of checkout staff:
iv. An electronic scanner which can read the entire contents
of a supermarket trolley at a
glance has just been developed:
a. iv, i, iii, ii
b. iii, i, iv, ii
c. ii, i, iii, iv
d. iv, iii, ii, i
139. Find out the appropriate meaning of the given word from
the choices given below it:
Thesaurus
a. Arguments
b. Book of Synonym
c. Flush eating dinosaur
d. Road map
140. Noise is a______ barrier to communication.
a. Semantic
b. Physical
c. Socio-Psychological
d. None of the above
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1. Tort is a ______
a. Civil wrong
b. Criminal wrong
c. Civil as well as Criminal wrong
d. None of the above
2. If in a certain language, SACHIN is coded as RZBGHM, how
is ROGER coded in that code?
a. QNFEQ
b. QNFDQ
c. QNFFQ
d. QNEDQ
3. Which type of company newly incorporated in companies
Act, 2013?
a. One person company
b. Private company
c. Nidhi Company
d. Government company
4. At what time between 7’o clock and 8’o clock will the
hands of a clock be together?
a. 33(5/12)mins past 7’o clock
b. 3(2/11)mins past 7’0 clock
c. 35(7/11)mins past 8’o clock
d. 32(1/11)mins before ‘0 clock
5. Judges of supreme court if India retire at age of ?
a. Sixty two
b. Seventy
c. Sixty
d. Sixty Five
6. Consider the following statements:
i) Preamble of the constitution of India states that we, the
people of India , having solemnly
resolved to constitute India into a sovereign Democratic
republic
ii) Preamble of the constitution of India states that we,
the people of India , having solemnly
resolved to constitute India into a socialist Democratic
republic
iii) Preamble of the constitution of India states that we,
the people of India , having solemnly
resolved to constitute India into a sovereign socialist
secular Democratic republic
iv) Preamble of the constitution of India states that we,
the people of India , having solemnly
resolved to constitute India into Democratic republic
Which of the statement given above is/are correct?
a. (ii) & (iv) only
b. (i) & (ii) only
c. (iv) only
d. (iii) only
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7. Which of the following ia/are “Mission if ICSI”?
a. Creating brand ICSI
b. To develop high calibre professionals facilitating good
corporate governance
c. To develop globalisation of professions of company
secretaries
d. All of the above
8. ASSERTION (A): The British established and developed
Indian railways.
REASON (R) :The British were keenly interested in India’s
economic development.
a. Both A and R are true but R is not the correct
explanation of A
b. A is true but R is false
c. A is false but R is true
d. Both A and R are true and R is the correct Explanation of
A
9. How many pairs of letters are there in the word “NURSING”
which have as many letters
between them as in the Alphabet?
a. One
b. Six
c. Five
d. Three
10. Moon:Satellite::Earth:?
a. Solar system
b. Planet
c. Sun
d. Asteroid
11. Law of contract deals with?
a. Taxation
b. Laws of transfer
c. Laws of ownership
d. Enforcement of obligations arising from agreement
12. According to the constitution of India, all citizens
shall have the right to practise any
profession, or to carry-on any occupation , trade or
business is a,
a. Voluntary Duties
b. Fundamental Duties
c. Fundamental Rights
d. Statutory Duties
13. What is the “Vision” of the institute of company
secretaries of India?
a. To be global leader in governance
b. To develop high calibre professionals facilitating good
corporate governance
c. To promote good corporate governance
d. To be a global leader in promoting good corporate
governance
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14. Property of the company belongs to
a. Company
b. Members
c. Shareholders
d. Promoters
15. 280 oranges are divided among some boys and girls whose
total number is 50 so that
each boys get 5 oranges and each girls get 7 oranges . The
number of girls is?
a. 15
b. 20
c. 30
d. 35
16. Law of torts deals with
a. Defamation
b. Trespass
c. Negligence
d. All of the above
17. Which of the following are the functions of the
Institute of Company secretaries of India?
a. Examination of the student
b. Regulation of training of the students
c. Conduct of elections to the council of the Institute
d. All of the above
18. Minimum number of directors require for Private Limited
Company under the companies
Act,2013
a. Seven
b. One
c. Two
d. Three
19. Liability of member in case of a company limited by
share under the companies Act, 2013
is,
a. Limited to its shareholdings
b. Unlimited
c. Both (a) or (b)
d. None of the above
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20. Direction: The following question comprises of one or
more statement. Answer the
questions on the basis of the given statements. Accept the
factual assumptions required by the
questions, even if you believe that the statement is false.
Statements:
i. Cheese is bad for people with high-cholesterol
ii. Sumeet does not eat cheese
Assuming that (I) and (II) are true , which of the following
statement follows?
a. Sumeet has high-cholesterol
b. Cheese is bad for sumeet
c. People with high-cholesterol do not eat cheese
d. None of the above
21. Amit khanna, born on 5th June,1973 has done his
post-graduation in Marketing
Management with first class. He has secured 50% marks in the
written test. He has been
working in an organisation as a marketing officer for the
last four years. Which of the following
is the inference can be drawn for the eligibility criteria
of his job:
a. Should have work experience of at least two years as an
officer
b. Be a graduate with at least 50% marks
c. Have secured at least 40% marks in the written test
d. Not be less than 24 years and more than 29 years as on
10th October, 1997
22. Arrange in a meaningful Sequence______.
i. Birth
ii. Death
iii. Funeral
iv. Marriage
v. Education
a. 1,3,4,5,2
b. 4,5,3,1,2
c. 2,3,4,5,1
d. 1,5,4,2,3
23. A and B are young ones of C. If C is father of A, but B
is not the son of C. How are B and C
related.
a. Daughter and Father
b. Niece and Uncle
c. Newphew and uncle
d. None of these
24. Which of the following is/are the essential element of a
valid contract under the Indian
Contract Act, 1872?
a. Free consent
b. Lawful consideration
c. Lawful objects
d. All of the above
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25. A Company secretary in Practise can appear as
“Authorised Representative” beforea. Real Estate Regulatory Authority (RERA)
b. Competition Commission if India(CCI)
c. National Company Law Tribunal(NCLT)
d. All the above
26. Read the following passage and answer the questions
given below:
Aristotle’s attitude to law and equity was not simply
theoretical fiction. There is evidence that in both
shaped legal practice and even more clearly , built, on an
already developed and developing tradition
of Athenian legal thought . We have of course, almost no
records of the actual outcomes of jury trails
and no record at all of the deliberation , as each juror
cast a separate vote after hearing the various
arguments , apparently without much mutual consultation. We
are however , have many examples
of persuasive speeches delivered to juries. And because the
orator’s reputation rested on his ability
to persuade a jury of average citizens, chosen by lot ,we
can rely on these speeches for evidence
of widespread popular beliefs about legal and ethical
concepts. These speeches shows the orators
relying on the concept of law and even of justice that is
very much like the one that Aristotle render
explicit and systematic. Thus , litigants frequently call
for justice tailored to the circumstances of their
own case and they frequently use the expression ta
dikaia(“Those things that are just”) in that sense.
And they often proceed as if the written law is understood
to be a set of guideline with gaps, to be
filled in , or corrected , by equity argumentation . In this
process , frequent appeal is made to the
juror’s sense of fainess, as if, once the particulars
circumstances of the case are understood, they
can be expected to see that justice consists in an equitable
determination.
The above passage suggests that
a. It is not wrong to make simple contrast between justice
and equity
b. We have to choose between justice and equity and the rule
of law as understandings of what
justice demands
c. Law and equity, according to Aristotle standards, are
inter-woven in legal practice
d. None of the above
27. Minimum number of members require to incorporation of a
Public Company under the
Companies Act,2013
a. Three
b. Seven
c. One
d. Two
28. According to the Constitution of India, who is/are
empowered to issue Writ?
a. Prime Minister
b. President if India
c. Supreme Court of India
d. Governor of the State
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29. Event (A):Company X is opening an office n city Y for
marketing the company’s products.
Event (B):Company X has chalked out an expansion plan ,
involving raising production capacity at
its existing plants.
a. If ‘A’ is the effect but ‘B’ is not its immediate and
principle cause
b. If ‘B’ is the effect and ‘A’ is its Immediate and
principle cause
c. If ‘A’ is the effect and ‘B’ is its Immediate and
principle cause
d. If ‘B’ is the effect but ‘A’ is not its immediate and
principle cause
30. Today is Monday. After 61 days, it will be
a. Saturday
b. Thursday
c. Wednesday
d. Tuesday
31. Constitution (Application to Jammu &
Kashmir)Order,2019{Abrogation of Article 370(1) &
Article 35A of constitution of India} issued by the
a. Supreme Court if India
b. Prime minister
c. President of India
d. Governor of the state
32. Study of following digit-letter symbol sequence
carefully and answer the questions given
below:
R * T J L 2 $ D = M # 8 C % B < K 1 & A W ? P E + Q @
7 F 6
Which of the following is sixth to the left of eighteen
element from the left?
a. %
b. 1
c. C
d. 8
33. Consider the following statement:
i. Parliament of India consists of two Houses-Lok Sabha and
Rajya Sabha
ii. Parliament of India consists of President and Lok Sabha
iii. Parliament of India consists of President and two
houses-Lok Sabha and Rajya Sabha
iv. Parliament of India consists of two Houses-Lok Sabha and
Rajya Sabha
v. Parliament of India consists of the Speaker of the Lok
sabha and Rajya sabha and Lok
sabha
Which of the following statement given above is/are correct?
a. (ii) & (iv) only
b. (iv) only
c. (i) & (ii) only
d. (iii) only
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34. Quasi-Contract meansa. From the conduct of an party a
contract comes into
b. Arising as if from deeds
c. Legal portion
d. None of the above
35. In Law of torts , the meaning of Unliquidated damage is:
a. Penalty
b. Punishment
c. Approximately arrived at
d. Ascertainable
36. According to the Companies Act,2013 a private company
(by its articles of association)
which is a subsidiary of a public company shall be:
a. A private company
b. Deemed to be public Company
c. A public company
d. Deemed to be private company
37. Governor of a State can be removed by:
a. Union Government
b. President of India
c. State Legislature
d. Supreme Court
38. How many members the President of India can nominate to
the Lower House of
Parliament?
a. 10
b. 14
c. 12
d. 16
39. The Joint sitting of both houses of Parliament presides
over by:
a. Governor
b. Vice-President
c. President
d. Prime Minister
40. A is son of C while C and Q are sisters to one another.
Z is the mother of Q. If P is the son
of Z Which one of the following statement is correct?
a. Z is the brother if C
b. P is the cousin of A
c. Q is the grandfather of A
d. P is the maternal uncle of A
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41. Who among the following is competent to enter into a
contract under the Indian Contract
Act,1872?
a. A person who is minor and of sound mind.
b. A person who is major, of sound mind
c. An insane person
d. None of the above
42. The relationship between the parties to a contact
allowing them to sue each other but
preventing a third party from doing so is:
a. Privity of contract
b. Permanent contract
c. Pious contract
d. Privy Purse
43. Arrange the words given below in a meaningful sequence
1. Key 2.Door 3.Lock 4.Room 5.Switch On
a. 5,1,2,4,3
b. 1,2,3,5,4
c. 1,3,2,4,5
d. 4,2,1,5,3
44. Find the Odd number/Letter from the given alternatives:
a. Lawyers
b. Police
c. Judgement
d. Judges
45. What will come in place of Question mark?
1, 9, 25, 49, ?, 121
a. 91
b. 64
c. 81
d. 100
46. Fundamental rights mentioned in the Constitution of
India borrowed from:
a. Russian Constitution
b. British Constitution
c. Canadian Constitution
d. U.S Constitution
47. In Law of Torts, a master is generally liable for acts
of his servants. This is called
a. Asolute Liablity
b. Unlimited Liability
c. Strict Liability
d. Vicarious Liability
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48. Maximum no of members a private company can have
excluding its present and past
employee members:
a. 50
b. 150
c. 100
d. 200
49. Number of Languages in the Eighth Schedule of the
Constitution of India is
a. 15
b. 21
c. 19
d. 22
50. The Constitution of India was adopted on:
a. 26, January ,1950
b. 15, November, 1948
c. 15, August, 1947
d. 26, January, 1949
51. Book:Cover::Painting: ?
a. Frame
b. Wall
c. Example
d. Colour
52. What will come in place question mark?
13, 26, ?, 42, 65
a. 30
b. 39
c. 42
d. 49
53. The case Salomon V. Salomon and Co. Ltd laid which the
following characteristic of
company?
a. Perpetual Succession
b. Corporate Personality
c. Separate Property
d. Limited Liability
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54. Statements:
All the Harmoniums are Instruments.
All the Instruments are flutes.
Conclusion:
I. All the flutes are Instruments.
II. All the Harmoniums are Flutes
a. Only I Conclusion follows
b. Neither I nor II follows.
c. Either I or II follows.
d. Only II conclusion follows
55. A and B are brothers. C and D are sisters. A’s son is
D’s Brother. How B is related to C?
a. Father
b. Brother
c. Uncle
d. Grandfather
56. Which one of the following is not included in the
definitions of “Key Managerial Personnel”
under the Companies Act ,2013?
a. Managing Director
b. Independent director
c. Whole time director
d. Manager
57. Right to Education is a
a. Fundamental Rights
b. Legal Rights
c. Directive Principle
d. Fundamental Duties
58. Insect:Disease::War: ?
a. Destruction
b. Army
c. Defeat
d. Arsenal
59. Find the odd numbers/languages from the given
alternatives.
a. Swimming
b. Driving
c. Sailing
d. Diving
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60. Arrange the words given below n a meaningful sequence.
1. Word 2. Paragraph 3. Sequence 4.Letters 5.Phrase
a. 4,1,5,2,3
b. 4,1,3,5,2
c. 4,2,5,1,3
d. 4,1,5,3,2
61. The Law of Torts Has largely developed though:
a. Bill of Parliament
b. Decisions of the Court
c. Ordinance
d. Act of Parliament
62. Find the odd numbers/languages from the given
alternatives.
a. 6710
b. 2640
c. 5720
d. 4275
63. Arrange the words given below in a meaningful sequence:
1. Leaf 2.Fruit 3.Stem 4.Root 5.Flower
a. 4,3,1,2,5
b. 4,3,1,5,2
c. 3,4,5,1,2
d. 4,1,3,5,2
64. Tupis Contractus means:
a. Under silence
b. An Infamous Contract
c. An Immoral Contract
d. At the proper time
65. Which of the following contains the regulations for
management of the company?
a) Memorandum of association
b) Certificate of commencement of business
c) Articles of association
d) Incorporation certificate
66. Part IV of the constitution of India deals with:
a) Directive Principle of State Policy
b) Fundamental Rights
c) Fundamental Duties
d) Uniform civil code
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67. The company can furnish to the registrar verification of
registration office in
a) Form no INC 21
b) Form no INC 22
c) Form no INC 20
d) Form no INC 23
68. Ijuria Sine Damnum means :
a) Only damage
b) Injury and damage
c) Injury without damage
d) Injury with damage
69 Directive Principles of state policy mentioned in the
Constitution of India borrowed from:
a) Irish Constitution
b) U.S. constitution
c) Russian Constitution
d) Canadian Constitution
70. Water:Dam:: Trade: ?
a) Trade policy
b) Economy
c) Commerce
d) Goods
71. Ordinance is promulgated by the:
a) Parliament
b) President
c) Prime Minister
d) Chief Minister
72. Statement:
Some papers are pens.
All the pencils are pens.
Conclusion:
I. Some pens are pearls
II. Some pens are papers
a) Only II conclusion follows
b) Neither I Nor II follows
c) Only I conclusion follows
d) Either I or II follows
73.. Pointing to a Photo , Dinesh said that ‘His father is
the only son of my mother’. The photo
belongs to :
a) Dinesh
b) Dinesh’s son
c) Dinesh’s Father
d) Dinesh’s Brother
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74. Ordinance is state promulgated by the:
a) Governor
b) Chief Minister
c) Prime Minister
d) President
75. Part II of the constitution of India deals with:
a) Fundamental Rights
b) The union
c) Citizenship
d) The states
76. The Writ QuoWarranto issue:
a) To direct a statutory body to do certain thing
b) To preserve the monuments of India
c) To prevent a person to hold public office which he is not
legally entitled to hold
d) To protect a person to hold public office which he is
legally entitled to hold.
77. Arrange the words given below in a meaningful sequence
1. Family 2.Community 3.Member 4.Locality 5.Country
a) 3,1,2,5,4
b) 3,1,2,4,5
c) 3,1,4,5,2
d) 3,1,4,2,5
78. Who among the following is not a promoter under the
companies Act,2013?
a) A person who has control over the affairs of the company,
directly or indirectly whether as a
shareholder , director or otherwise
b) A person who is identified by the company in the annual
return
c) A person who has been named such as in a prospectus or
d) A person who is giving advice to the Board of Director in
his professional capacity
79. An auctioneers request for bid is:
a) A mere communication of information in the course of
negotiation
b) An offer
c) An invitation to offer
d) A mere statement of intention
80. The Supreme Court of India comprises the chief Justice
and ____ other Judges
a) 32
b) 34
c) 31
d) 33
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81. What will come in place of Question mark?
6, 11, 21, 36,56, ?
a) 42
b) 81
c) 91
d) 51
82. Interest : Money lender :: Salary : ?
a) Employees
b) Prisoner
c) Workers
d) Zamindar
83. Find the Odd number/letter from the given alternatives.
a) PQZX
b) CDLN
c) ACDE
d) MNPR
84. Number of Members can be nominated to the Upper House of
Parliament by the President
of India is:
a) 12
b) 7
c) 2
d) 17
85. A man said to a lady, “The son of your only brother is
the brother of my wife”. What is the
lady to the man?
a) Grand father
b) Maternal aunt
c) Mother
d) Sister of father-in-law
86. First clause in Memorandum of Association of company is:
a) Situation Clause
b) Name clause
c) Capital clause
d) Liability clause
87. Constitution day of India is celebrated on _______.
a) 26th November
b) 1
st January
c) 2
nd October
d) 15th August
88. The cancellation of a contract, due to impossibility of
performance is:
a) Agency contract
b) Frustration of contract
c) Privity of contract
d) Quasi contract
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89. ___________schedule of the Constitution of India deals
with allocation of powers and
functions between Unions & States . It contains three
lists such as Union List(for Central
Govt.), States List(Power of State Govt.), and Concurrent
list(Both Union and States).
a) Fourth
b) Sixth
c) Fifth
d) Seventh
90. What will come in place of question mark?
3, 2, 7, 6, 11, ?
a) 10
b) 2
c) 8
d) 4
91. Statement:
Some kings are queens.
All the queens are beautiful.
Conclusion:
i. All the kings are beautiful
ii. All the queens are kings
a) Neither (i) Nor (ii) follows
b) Only (ii) follows
c) Only (i) follows
d) Either (i) or (ii) follows
92. Domestic arrangement between husband and wife is not a
contract under the Indian
contract Act, 1872 because:
a) There is no intention to create legal relationship
b) They are specifically excluded from the Indian contract
Act, 1872
c) Consideration is absent
d) There is no consensus ad idem
93. Arrange the words given below in a meaningful sequence:
1. police 2.punishment 3.crime 4.judge 5.judgement
a) 3,1,2,4,5
b) 3,1,4,5,2
c) 5,4,3,2,1
d) 1,2,4,3,5
94. Arrange the words given below in a meaningful sequence:
1.cut 2.put on 3.mark 4.measure 5.tailor
a) 3,1,5,4,2
b) 2,4,3,1,5
c) 1,3,2,4,5
d) 4,3,1,5,2
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95. Find the odd number/letter from the given alternatives:
a) 1090
b) 962
c) 626
d) 841
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1. _______ is the difference between the total addressable
demands for external credit compared to
the overall supply of finance from the formal sources.
a. Assets gap
b. Liabilities gap
c. Finance gap
d. Credit gap
2. _____ is aimed at promoting entrepreneurship and job
creation at the grassroots level, especially
keeping in mind the Scheduled casts, Scheduled Tribes and
women.
a. The innovative India imitative
b. The start up India initiative
c. The make in India initiative
d. The stand up India initiative
3. Ease of doing Business Report is prepared by which of the
following organisation?
a. South Asian Association for Regional Cooperative(SAARC)
b. World Bank
c. United Nations Organisations (UNO)
d. Association of South East Asian Nations (ASEAN)
4. The _____ is the gross fiscal deficit less net lending of
the central government.
a. Capital account deficit
b. Gross Fiscal deficit
c. Net fiscal deficit
d. Current account deficit
5. The formula to calculate Net Domestics product is:
a. Government Expenditure + Depreciation
b. Gross National Product + Depreciation
c. Gross domestic Product + Depreciation
d. Gross domestic product - Depreciation
6. _____ is Gross domestic product (GDP) plus net factor
income from abroad.
a. Gross National product
b. Net domestic product
c. Gross domestic product
d. Net national product
7. Plans and Policies of the organisations would be covered
under which form of environment?
a. Political environment
b. Internal environment
c. External environment
d. Social environment
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8. In order to broaden the frontiers of Entrepreneurship
Research , EDII has established ________ to
investigate into a range of issues surrounding small and
medium enterprise sector.
a. Centre for Research in Entrepreneurship Education and
Development(CREED)
b. Centre for Revolution in Entrepreneurship Emergence and
Development (CREED)
c. Centre for Research in Entrepreneurship Excellence and
Development(CREED)
d. Centre for Resurgence in Entrepreneurship Excellence and
Development(CREED)
9. The organised component of money market consists of the
_____, _______ and _______.
a. Only Reserve Bank of India
b. Reserve Bank of India and Commercial Banks
c. Commercial Banks and Cooperative banks
d. Reserve bank of India, Commercial Banks and cooperative
Banks
10.________ is a long-term security yielding a fixed rate of
interest, issued by a company and
secured against assets.
a. Preference share
b. Treasury Bills
c. Equity share
d. Debenture
11.When the change in supply is relatively less when
compared to the change in price, we say
that the commodity has a ______.
a. Perfectly Inelastic Supply
b. Relatively Less-Elastic Supply
c. Relatively Greater – Elastic Supply
d. Perfectly Elastic Supply
12.The difference between total revenue and total
expenditure of the government is termed as
____.
a. Net deficit
b. Gross deficit
c. Monetary deficit
d. Fiscal deficit
13.Under the _____, irrespective of any rise or fall in
price of a commodity , the quality
demanded remains the same.
a. Perfectly Inelastic Demand
b. Relatively Elastic Demand
c. Perfectly Elastic Demand
d. Unitary Elastic Demand
14.The elements like growth, employment, inflation and
interest rates would be covered under
which macro-environment factor?
a. Political
b. Economics
c. Social
d. Technological
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15.MUDRA under Pradhan Mantri Mudra Yojana stands for?
a. Macro Units Development & Refinance Associate Ltd.
b. Micro Units Development & Refinance Agency Ltd.
c. Macro Units Development & Restructuring Associate Ltd
d. Micro Units Development & Restructuring Agency Ltd
16.____ is an online procurement platforms for government
ministries and departments, and
the mot widely used channel for public procurement in India.
a. Government e Marketplace
b. Government e Manufacturing place
c. Government e Manufacturing Plan
d. Government e Model place
17.___ is a market structure with a small number of firms,
none of which can keep the others
from having significant influence.
a. Monopoly
b. Oligopoly
c. Duopoly
d. Monopolistic Competition
18.When fiscal deficit is financed by borrowing from ______,
it is called deficit financing ot
money creation.
a. Public sector banks
b. Private Sector Banks
c. Regional Rural banks
d. Reserve Bank of India
19.CSO stands for ________ .
a. Central Sample Organisation
b. Central Sample Office
c. Central Statistics Office
d. Central statistical Organisation
20.The formula for calculating Private Final Consumption
Expenditure (PFCE)is:
a. Household Final Consumption Expenditure / Private
Non-Profit Institutions Serving
Households Final Consumption Expenditure
b. Household Final Consumption Expenditure + Private
Non-Profit Institutions Serving
Households Final Consumption Expenditure
c. Household Final Consumption Expenditure - Private
Non-Profit Institutions Serving
Households Final Consumption Expenditure
d. Household Final Consumption Expenditure X Private
Non-Profit Institutions Serving
Households Final Consumption Expenditure
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21.EDII stands for
a. Entrepreneurship Design Institute of India
b. Entrepreneurs Development India Institute
c. Entrepreneurship Development India Institute
d. Entrepreneurship Development Institute of India
22.Credit Guarantee Scheme is covered under which factor of
Enabling Environment for
MSME in India?
a. Direct Government Support
b. Infrastructure Support
c. Legal & Regulatory framework
d. Indirect Government support
23.The long form of the sentence , ‘ASPIRE’ is:
a. A Scheme for promoting Inventions & Rural Education
b. A Scheme for Prospering Innovation & Regional
Entrepreneurship
c. A Scheme for Promoting Innovations & Rural
Entrepreneurship
d. A Scheme for Promoting Innovation & Regional
Excellence
24.In original, business is a system by which it produces
goods and service for the satisfaction
of wants, by using several inputs, such as, raw material,
capital, labour etc, From the
environment . This statement refers to which of the
following nature of business environment?
a. Creative Approach
b. Social Responsibility Approach
c. System Approach
d. Instructive Approach
25.In the Union Budget presented on July 5, 2019, for ease
of access to credit for _____, the
Government has introduced providing of loans upto Rs.1 crore
within 59 minutes.
a. Public sector Undertakings
b. Micro, Small and Medium Enterprise
c. Multinational Corporation
d. Large Business enterprise
26.The Law of demand governs the relationship between the
____ and the _______.a.
a. Desire and Ability
b. Quantity demanded and Desire
c. Quantity demanded and Price
d. Desire and Price
27.Demographics like population growth , age, distribution
and attitudes toward safety and
health consciousness are covered under which
macro-environment factor?
a. Social
b. Political
c. Economic
d. Technological
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28.______ are receipts of the government which create
liabilities or reduce financial assets,
e.g., market borrowing , recovery of loan, etc.
a. Capital Receipts
b. Revenue Receipts
c. Revenue Exports
d. Donations to Governments
29._______ is the total monetary or market value of all the
finishes goods and service
produced within a country’s borders in a specific time
period.
a. Net National product at Marked Price
b. Net domestic product
c. Gross domestic product
d. Net National product at Factor Cost
30.Stand-up India scheme for financing SC/ST and / or women
Entrepreneurship is facilitated
through _____.
a. Industrial Finance Corporate of India
b. Small Industries Development Bank of India
c. Reserve bank of India
d. Rural banks
31.The ‘Make in India ’ Initiative was launched in _______.
a. Sep-14
b. Sep-16
c. Sep-18
d. Sep-19
32.Loans received from foreign governments are covered under
____.
a. Income from Exports
b. Revenue budget
c. Donations
d. Capital Budget
33.Under Non-Banking Finance company a /an ______means any
company which is a
financial institution carrying on as its principle business
the acquisition of securities.
a. Infrastructure Finance Company
b. Asset finance company
c. Investment Company
d. Loan company
34.At ______ the quantity of goods supplied is equal to the
quantity of goods.
a. Equilibrium price
b. Government price
c. Economy price
d. Premium price
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36. The Government of India has launched the _____ with an
investment of Rs.50,000 crore aimed
at envelopment of irrigation sources fro providing a
permanent solution from drought.
a. Pradhan Mantri Krishi Suryodaya Yojana
b. Pradhan Mantri Krishi Suraksha Yojana
c. Pradhan Mantri Krishi Sinchai Yojana
d. Pradhan Mantri Krishi Suyojit Yojana
37. In September 2018, ____ was launched under Ayushman
Bharat to provide coverage of up
to Rs.5,00,000 to more than 100 million vulnerable families.
a. National Health Promotion Scheme
b. National Health Prevention Scheme
c. New Health Protection Scheme
d. National Health Protection Scheme
38. Small Finance Banks are licensed under section 22 of the
__.
a. Negotiable Instruments Act, 1881.
b. Banking Regulation Act, 1949
c. Indian Council Act, 1872
d. Reserve Bank of India Act,1935
39. City Union Bank is covered under which of the following
categories?
a. Public Sector Bank
b. New Private Sector Bank
c. Old Private Sector Bank
d. None of the above
40. Which method of calculating National Income has the risk
of ‘Double Counting’?
a. Expenditure Method
b. Income Method
c. Product Method
d. Profit Method
41. Windfall gains like, prizes won, lotteries etc. Should
not be included in the estimation of
national income is the precaution to be followed under which
of the following methods of
computing national income?
a. Income Method
b. Expenditure method
c. Product Method
d. Profit method
42. If quantity supplied changes by a lower percentage than
a percentage change in price, it is
termed as:
a. Relatively Less-Elastic Supply
b. Relatively Greater-Elastic Supply
c. Perfectly Inelastic Supply
d. Unitary Elastic Supply
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43. In India , the _______ is the apex banking institution
that regulates the monetary policy in
the country.
a. Oriental Bank of Commerce
b. Canara Bank
c. Reserve Bank of India
d. State Bank of India
44. The Revenue Budget records all _____ and ________.
a. Revenue receipts and capital expenditure
b. Revenue expenditure and capital expenditure
c. Revenue receipts and revenue expenditure
d. Revenue receipts and capital receipts
45. Green Revolution Programme was launched in which of the
following five year plans of
India?
a. Tenth Five Year Plan
b. Eight Five Year Plan
c. First Five Year Plan
d. Third Five Year Plan
46. The formula to compute GNP at Market Prices is:
a. GNP at Market Prices = GDP at Market prices +
Depreciation
b. GNP at Market Prices = GDP at Market Prices – Net Income
From Abroad
c. GNP at Market Prices = GDP at Market Prices + Net Income
from Abroad
d. GNP at Market Prices = GNP at Market Prices +
Depreciation
47. Which of the following is/are considered for calculating
National Income according to the
Expenditure Method?
a. Consumption Expenditure; Investment Expenditure ;
Government Expenditure and Net Exports
b. Consumption Expenditure
c. Net Exports and Consumption Expenditure
d. Government expenditure, Investment Expenditure and Net
Exports.
48. If ep = 0, then it signifies:
a. Perfectly Elastic Demand
b. Unitary Elastic Demand
c. Perfectly Inelastic Demand
d. Relatively Inelastic Demand
49. Which of the following needs to be deduced to derive NDP
from GDP?
a. Net profit
b. Net sales
c. Net loss
d. Depreciation
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50. All receipts and expenditure that in general do not
entail sale or creation of assets are
included under the______.
a. Profit and Loss Account
b. Revenue Account
c. Sales account
d. Capital account
51. E-Sanchit , an online application system, under the
_____ has been implemented in order
to facilitate traders to submit all supporting documents
electronically with digital signature.
a. Single Window Initiative for Trade (SWIFT)
b. Single Window Interface for Trade (SWIFT)
c. Single Window Innovative for Trade (SWIFT)
d. Single Window Incentive for Trade (SWIFT)
52. Which of the following is not the affiliated office is
Ministry of Corporate Affairs?
a. Serious Fraud Investigation Office
b. Central Statistics Office
c. Indian Institution of Corporate Affairs
d. Competition Commission of India
53. ‘No change in the seller’s expectation regarding future
prices’ is the assumption of which of
the following laws of economics?
a. Law of Demand
b. Law of Diminishing Returns to scale
c. Law of Increasing Returns to scale
d. Law of supply
54. ‘Estimating net value added by each producing enterprise
as well as each industrial sector
and adding up the net value added by the sectors’, is a step
considered for calculating National
Income under which of the following methods?
a. Profit Method
b. Income Method
c. Expenditure Method
d. Value Added Method
55. _______ is expenditure incurred on by business firms on
a). New plants
b). Adding to the stocks of inventories and
c). On newly constructed houses
a. Net exports
b. Investment expenditure
c. Consumption Expenditure
d. None of the above
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56. National skill development corporation was set up by
________
a. Ministry of statistics and Programme Implementation
b. Ministry of Agriculture
c. Ministry of Human Resource Development
d. Ministry of Finance
57. _____ give power to the government to withdraw funds
from the Consolidated Fund of
India for meeting the expenditure during the financial year.
a. Appropriation Bill
b. Ordinary Bill
c. Finance Bill
d. Constitution Amendment Bill
58. Stand Up India Scheme is Anchored by which of the
following?
a. Department of Science and Technology
b. Department of Higher Education
c. Department of Financial services
d. Department of Social Welfare
59. Banks are classified into ______.
a. Four Categories
b. Five Categories
c. Six Categories
d. Seven Categories
60. Recognising the need for skill development in India,
which of the following policies was
formulated by the Government of India in 2009?
a. National skill Growth Policy
b. National Social Development Policy
c. National skill Innovation Policy
d. National Skill development policy
61. ________ means a schedule of possible prices and amounts
that would be sold at each
price.
a. Supply
b. Sales
c. Profit
d. Demand
62. When there is an excess of exports over imports , it is
called________.
a. Unfavourable Balance of Payment
b. Favourable Balance of Trade
c. Unfavourable Balance of Trade
d. Favourable Balance of Payment
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63. The ___ states that a firm will produce and offer to
sell greater quantities of a product or
service as the price of that product or service rises, other
things being equal.
a. Law of Diminishing Returns to Scale
b. Law of Supply
c. Law of Variable Proportions
d. Law of Diminishing Marginal Utility
64. The formulate to calculate NDP at factor cost is:
a. NDP at Factor Cost = Gross Valued Added at Factor Cost –
Depreciation.
b. NDP at Factor Cost = Gross Valued Added / Depreciation
c. NDP at Factor Cost = Gross Value Added at Factor Cost *
Depreciation
d. NDP at Factor Cost = Gross Value Added at Factor Cost +
Depreciation
65. In 1978 , UTI was de-linked from the RBI and the
________ took over the regulatory and
administrative control place in place of RBI.
a. National Bank for Agriculture and Rural Development
b. Industrial Finance Corporation of India
c. Industrial Development Bank of India
d. Small Industries Development Bank of India
66. Contingency Fund is at the disposal of the _____.
a. Chief Minister
b. President
c. Cabinet Minister
d. Prime Minister
67. The formula to calculate Income Elasticity of Demand is:
a. Percentage Change in Quantity Demanded * Percentage
Change in Income
b. Percentage Change in Quantity Demanded - Percentage
Change in Income
c. Percentage Change in Quantity Demanded + Percentage
Change in Income
d. Percentage Change in Quantity Demanded /Percentage Change
in Income
68. All revenues raised by the government , money borrowed
and receipts from loans given by
the government flow into the _______.
a. Consolidated Fund of India
b. Gross Fund in India
c. State Government Fund of India
d. Net fund of India
69. If ep < 1, it signifies :
a. Relatively Inelastic Demand
b. Perfectly Elastic Demand
c. Perfectly Inelastic Demand
d. Unitary Elastic Demand
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70. If the total expenditure of the government exceeds its
total revenue and non-revenue receipts
in a financial year , then the gap is the _______ for the
financial year.
a. Monetary deficit
b. Turnover deficit
c. Fiscal deficit
d. Capital deficit
71. The Government of India in the backdrop of major
failures of non-banking financial companies
, phenomenon of vanishing companies , plantation companies
and stock market scams decided to
set up which of the following?
a. Serious Fraud Investigation office
b. Central Statistics office
c. Competition commission of India
d. Indian institute of corporate affairs.
72. Who among the following presented the First budget of
Independent India?
a. Mr.R.K Shamnukham Chetty
b. Mr.C.D.Deshmukh
c. Mr.P.C.Mahalanobis
d. Mr.V.K.R.V. Rao
73. Which of the following is the implementing agency of
Pre-Departure Oriented
Program(PDOP)Program?
a. National Bank for Agriculture and Rural development
b. Insurance Regulatory Development Authority of India
c. Industrial Finance Corporation of India
d. National skill development corporation
74. The production of goods for self consumption is valued
at ________ while calculating national
income through Product Method.
a. Historical Prices
b. Prevailing Market Prices
c. Prevailing Cost Prices
d. None of the above
75. ‘No Concept of the Consumer preference’ is the
assumption of which of the following forms of
market competition?
a. Perfect competition
b. Monopoly
c. Oligopoly
d. Duopoly
76. A commodity with _____ has an infinite elasticity.
a. Relatively greater Elastic supply
b. Relatively less elastic supply
c. Perfectly Elastic supply
d. Unitary Elastic supply
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77. The formula to compute Net National Product at Factor
Cost is:
a. NNP at Market price + Indirect Taxes + Subsidies
b. NNP at Market price - Indirect Taxes - Subsidies
c. NNP at Market price - Indirect Taxes + Subsidies
d. NNP at Market price – Subsidies
78. The formula to calculate Personal Income is:
a. National Income – Undistributed Corporate profits +
Profits Taxes – Social Security Contribution
–Interest on Public Debt.
b. National Income +Undistributed Corporate profits +
Profits Taxes + Social Security Contribution.
c. National Income – Undistributed Corporate profits -
Profits Taxes – Social Security Contribution
+ Transfer Payments + Interest on Public Debt.
d. National Income – Undistributed Corporate profits +
Profits Taxes – Social Security Contribution
–Transfer Payments
79. The formula to compute GNP at Market Price is:
a. GNP at Market price = GDP at Market price – Net income
from Abroad
b. GNP at Market price = GDP at Market price + Net income
from Abroad
c. GNP at Market price = GNP at Market price + Depreciation
d. GNP at Market price = GDP at Market price + Depreciation
80. _______ if any, must be deduced from the value added
while calculating national income as
per the Product method, as it does not result into real
increase in output.
a. Stock Appreciation
b. Stock Depreciation
c. Stock lose due to theft
d. Stock Insured
81. When the change in supply is relatively more when
compared to the change in price, we say
that the commodity has ________.
a. Relatively Less elastic supply
b. Perfectly Elastic Supply
c. Unitary Elastic supply
d. Relatively greater elastic supply
82. ____ means a schedule of possible prices and amounts
that would be sold at each price.
a. Demand
b. Supply
c. sales
d. Profit
83.The production value of the transport and communication
is taken into consideration for
computation of national income under which of the following
method?
a. Income method
b. Profit method
c. Expenditure method
d. Product method
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84. What is the formula to calculate GDP at market price?
a. GNP at market price + Net Indirect taxes
b. GNP at Market price + Net Income from Abroad
c. GNP at market price – Net Income from Abroad
d. GNP at market price – Net Indirect Taxes
85. In 2003, Kotak Mahindra Finance Ltd. Received a banking
licence from RBI and became the
first ______ to be converted into a bank
a. Mutual Funds
b. Insurance company
c. Non-banking Finance company
d. Asset Reconstruction company
86. The long form of SUUTI is:
a. Specified Undertakings of the Unit Trust of India
b. Special Undertakings of the Unit Turnover of India
c. Special Undertakings of the Unit Trust of India
d. Specified Undertakings of the Union Trust of India
87. ‘No Change in Consumers preferences’ is the assumptions
of which of the following laws of
economics?
a. Law of Demand
b. Law of Supply
c. Law of increasing Returns to scale
d. Law of Diminishing Returns to Scale
88. While adding up the value of output of various sectors
for calculating of National income under
Product method , care should be exercised to avoid the
problem of ________.
a. Single counting
b. Triple counting
c. Quadruple counting
d. Double counting
89.When quantity demanded of a commodity increases as a
result of fall in the price, it is called:
a. Growth in demand
b. Increase in demand
c. Expansion in demand
d . Rise in demand
90. The ________ is the market price where the quantity of
goods supplied is equal to the quantity
of goods demanded.
a. Nominal Price
b. Attractive price
c. Equilibrium price
d. Exact price
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91. Which of the following formula would be used to
calculate Disposable Income?
a. Private Income – Direct Taxes
b. Private Income + Direct Taxes
c. Personal Income – Direct taxes
d. Personal Income + Direct taxes
92. Which of the following was the first ‘non-UTI’ mutual
fund established in June 1987?
a. ICICI Mutual Fund
b. PNB Mutual Fund
c. SBI Mutual Fund
d. HDFC Mutual Fund
93.The long form of CCEA is:
a. Cabinet Commission on External Affairs
b. Core Commission on External Affairs
c. Cabinet Committee on Economic Affairs
d. Core Committee on Economic Affairs
94. Consumer spending less on luxury items on car due to
recession will fall under which of the
following business environment?
a. Social environment
b. Technological environment
c. Political environment
d. Economic environment
95. Which of the following Committee’s recommended opening
up of the insurance sector to
private players in India?
a. NL Mithra Committee
b. Kumaramangalam Bira committee
c. Malhotra committee
d. Uday Kotak Committee
96. If ep > 1, then it signifies:
a. Relatively Elastic Demand
b. Perfectly Inelastic Demand
c. Relatively Inelastic Demand
d. Unitary Elastic Demand
97. Salaries, subsidies and interest payments are part of
_____ union budget.
a. Indirect Expenditure
b. Revenue expenditure
c. Direct expenditure.
d. Capital expenditure
98.The demand for very costly and cheap goods is generally
_____.
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a. Perfectly Elastic
b. Relatively Elastic
c. Inelastic
d. Unitary Elastic
99. Which of the following equations will be used to compute
percentage change in quantity
demanded?
a. Change in Quantity + Original Quantity x 100
b. Change in Quantity / Original Quantity x 100
c. Change in Quantity x Original Quantity x 100
d. Change in Quantity -Original Quantity x 100
100. The Mutual Fund industry in India started in 1963 with
formation of UTI in 1963by an Act of
Parliament and functioned under the regulatory and
administrative control of the ______.
a. Industrial Finance Corporation of India
b. Small Industries Development Bank of India
c. State Bank of India
d. Reserve Bank of India
101. During which of the following five year plans ,
National Agricultural Policy, 2000 was framed?
a. Fifth Five year plan
b. Eleventh Five year plan
c. Tenth Five year plan
d. Ninth Five year plan
102. If ep<1 , it signifies:
a. Relatively Elastic Demand
b. Perfectly Elastic Demand
c. Perfectly Inelastic Demand
d. Unitary Elastic Demand
103. The formula to compute Net National Product at Market
prices is:
a. Cabinet Minister
b. GDP at Market price – Depreciation
c. GNP at Market price + Depreciation
d. GNP at Market price - Depreciation.
104. When demanded changes not because at price but because
of changes in other
determinants of demands, it is case of either ________ or
__________ in demand.
a. Increase, diminish
b Increase, Decrease
c. Expansion, Contraction
d. Rise, fall
105. The long form of IRDAI is:
a. Insurance Regulations and Distributions Authority of
India
b. Insurance Regulatory and Development Association of India
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c. Insurance Regulatory and Development Authority of India
d. Insurance Regulations and Development Assembly of India
106. In 2007, the Government of India launched the ___
initiative to improve the country’s
overall crop production , especially that of rice , wheat
and pulses.
a. National Food Security Mission
b. National Food Social Mission
c. National Food Storage Mission
d. National Food Soaring Mission
107. Which of the is/are the element/elements of Capital
Budget?
a. Only Capital receipts
b. Capital Receipts and Revenue Expenditure
c. Only Capital Expenditure
d. Capital Receipts and Capital Expenditure
108. All revenues raised by the government , money borrowed
and receipts from loans given by
the government flow into the _____.
a. State Government Fund of India
b. Gross Fund of India
c. Net Fund of India
d. Consolidated Fund of India
109. “Identifying the producing enterprise and classifying
them into individual sectors according
to their activities ”, is a step followed in which of the
following method of computing national
income?
a. Product method
b. Profit method
c. Expenditure method
d. Income method
110. Which of the following elements are considered for
computing national income according to
Expenditure method?
a. Consumption Expenditure ; Investments Expenditure and
Government Expenditure
b. Consumption Expenditure and Investments Expenditure
c. Consumption Expenditure and Net exports
d. Consumption Expenditure ; Investments Expenditure ;
Government Expenditure and Net
exports
111. Supply represents how much _____ can offer
a. Household
b. Market
c. Firm
d. None of the above
112. The _______ is to account for flows for those
transaction where the government is merely
acting as a banker.
a. Public Account
b. Gross Fund of India
c. Net Fund of India
d. Consolidated Fund of India
113. The formula to compute GNP at Market Price:
a. GNP at Market Price = GDP At Market Prices – Net Income
from Abroad
b. GNP at Market Price = GDP At Market Prices + Depreciation
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c. GNP at Market Price = GDP At Market Prices + Net Income
from Abroad
d. GNP at Market Price = GNP At Market Prices + Depreciation
114. A Fashion designer who creates bell-bottom, striped
pants will not succeed in an
environment where straight-leg, solid coloured pants are
desired. This event would be covered
under which of the following ?
a. Political factors
b. Technological factors
c. Social Factors
d. Economic Factors
115. ______ is a statutory regulatory body entrusted with
the responsibility to regulate the Indian
capital markets.
a. Securities and Earnings Boards of India
b. Securities and Exchange Board of India
c. Competition Commissions of India
d. Serious Fraud Investigation office
116. The problems of Double Counting may arise in which of
the following methods of
calculating national income?
a. Profit Method
b. Income Method
c. Product Method
d. Expenditure Method
117. Which of the following is not considered for
computations of national income under Income
Methods?
a. Interests
b. Wages
c. Government Expenditure
d. Rent
118. For a commodity with a _______ the change in quantity
supplied of a commodity is exactly
equal to the change in its prics.
a. Relatively Greater-Elastic Supply
b. Perfectly Elastic supply
c. Relatively Less-Elastic Supply
d. Unitary Elastic Supply
119. Which of the following were emphasised in Industrial Policy
Resolution (IPR),1956
a. 1. Speeding up the pace of industrialisation and
2. Expansion of public sector and growth of co-operative
sector
b. 1. Speeding up the pace of industrialisation:
2. Expansion of public sector and growth of co-operative
sector,
3. State to take up the responsibility of setting up new
industrial set up and development of
transport facilities and
4.Prevent private monopolies and concentration of economic
process in hands of few number
of individuals.
120. The government of India has come out with the _____ to
provide financial assistance for
transport and marketing of agricultural products in order to
boost agriculture exports.
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a. Transport and Marketing Assistance Scheme
b. Travel and marketing Aviation Scheme
c. Transport and marketing arrangement scheme
d. National health performance scheme
121. Competition Commission of India is affiliated office of
_____.
a. Ministry of Finance
b. Ministry of Statistics and Programme Implementation
c. Ministry of corporate Affairs
d. Ministry of Agriculture
122. A Service or commodity has a _______ if a given
quantity of it can be supplied whatever
might be the price.
a. Unitary Elastic supply
b. Relatively Less-Elastic supply
c. Perfectly Inelastic supply
d. Relatively Greater- Elastic Supply
123. Transfer payments such as gifts, donations, scholarship
etc. Should not be included in the
estimation of national income is the precaution to be
followed under which of the following
methods of computing national income?
a. Product method
b. Expenditure method
c. Income method
d. Profit method
124. Elasticity of demand:
a. Percentage in quantity demand – Percentage Change in
Price
b. Percentage change in Quantity Demanded / Percentage
Change in Price
c. Percentage in Quantity Demanded + Percentage Change in
Price
d. Percentage change in Quantity Demanded x Percentage
Change in Price
125. “The product in the market are homogenous i.e. they are
completely identical”, is the
assumption of which form of market competition?
a. Monopoly
b. Duopoly
c. Monopolistic Competition
d. Perfect Competition
126. The ______ aims at promoting entrepreneurship among the
women and scheduled castes
and tribes . The schemes is anchored by Department of
Financial Services , Ministry of
Finance , Government of India.
a. Make New India
b. Make in India
c. Stand up India
d. None of the above
127. Commercial banks are regulated under the _________.
a. Negotiable Instruments Act, 1881
b. Indian Contract Act,1872
c. Banking Regulation Act, 1949
d. Indian Companies Act, 2013
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128. The long form of DPIIT is:
a. department for promotion of industry and internal trade
b. department for promotion of innovation and international
trade
c. department for promotion of industry and international
trade
d. department for proliferation innovation and internal
trade
129. Centurion Bank and times bank were merged with ______
a. UCO Bank
b. ICICI Bank
c. HDFC Bank
d. State Bank of India
130. The Revenue Budget records all _____ and ___.
a. Revenue receipts and Capital Expenditure
b. Revenue receipts and Capital receipts
c. Revenue Expenditure and Capital expenditure
d. Revenue Receipt and Revenue Expenditure
131. ________ is expenditure incurred on by business firms
on
a) new plants
b) adding to the stock of inventories and
c) on newly constructed houses
a. Net exports
b. Investment expenditure
c. consumption expenditure
d. none of above
132. The proposal of government for levy of new taxes,
modifications of the existing tax
structure or continuation of the existing tax structure
beyond the period approved by the
Parliament are submitted to parliament through__________.
a. Constitution amendment bill
b. Ordinary bill
c. Appropriation bill
c. Finance bill
133. The latin phrase ’Ceteris Paribus’ means
a. Other things being changeable
b. No presence of any factor
c. Other things remaining the same
d. None of the above
134. The formula to calculate GDP at Factor Cost:
a. GDP at Factor Cost = Net Value Added x Depreciation
b. GDP at Factor Cost = Net Value Added / Depreciation
c. GDP at Factor Cost = Net Value Added - Depreciation
d. GDP at Factor Cost = Net Value Added + Depreciation
135. Which of the following is not a bottleneck in
entrepreneurial growth?
a. Too much noise
b. Lack of money
c. Proper Planning
d. A small or non existent network
136. Imperial Bank was taken over by ______ in 1955.
a. ICICI bank
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b. State Bank of India
c. Canara Bank
d. Punjab National Bank
137. When a small change in price of a product causes a
major change in its demand , it is said
to be _____.
a. Relatively Elastic demand
b. Perfectly Inelastic demand
c. Perfectly Elastic demand
d. Relatively Inelastic demand
138. Dhanlaxmi bank is covered under which of the following
category?
a. Public Sector Bank
b. New Private Sector bank
c. Old Private sector bank
d. None of the above
139. Giffen Goods were named after:
a. Sir Robert Giffin
b. Sir Tom Giffin
c. Sir Allan Giffin
d. Sir JB Giffin
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1. National Pension System (NPS) subscribers are to be
allowed partial withdrawal for covering
expenses for COVID-19 Treatment. Which organization manages
NPS?
a. Securities and Exchange Board of India
b. Life Insurance Corporation of India
c. Insurance Regulatory and Development Authority
d. Pension Fund Regulatory and Development Authority of
India
2. Which is the venue of the main national event for the
sixth International Yoga Day, 2020?
a. Leh
b. Guwahati
c. Ranchi
d. New Delhi
3. The Cabinet approved the temporary suspension of the
MPLAD (Members of Parliament Local Area
Development Scheme) Fund for how many years, amidst the
corona virus pandemic?
a. Four
b. Three
c. One
d. Two
4. World Health Organization (WHO) declared COVID-19 as a
pandemic. Which disease was
previously declared as pandemic by WHO?
a. H1N1 Influenza
b. HIV
c. Swine Flu
d. Spanish Flu
5. Mr.Pravin Rao has been appointed as the new Chairman of
which of the following Organization?
a. FICCI
b. CII
c. NASSCOM
d. PHD Chamber of Commerce and Industry
6. Which Indian Public Sector Bank Waved the minimum balance
requirement for all savings bank (SB)
accounts?
a. Punjab National Bank
b. Canara Bank
c. State Bank of India
d. Union Bank of India
7. Anita Raina is associated with which sports, who was in
the news recently?
a. Squash
b. Badmiton
c. Table-Tennis
d. Tennis
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8. Which former Chief Justice of India has been nominated to
Rajya Sabha?
a. Ranjan Gogoi
b. T.S. Thakur
c. Jagadish Singh Khehar
d. Dipak Misra
9. AN Initiative of ‘Arogya Setu Interactive Voice Response
System (IVRS) Service’ has been launched
by the centre in associated with which state government?
a. Rajasthan
b. Tamil Nadu
c. Odisha
d. Kerela
10. Who is the Chairperson of the high-level panel recently
setup to prepare an Investigation
manual for Serious Fraud Investigation Office (SFIO)?
a. N K Singh
b. Injeti Srinivas
c. U K Sinha
d. Tapan Ray
11. The Supreme Court has directed the Central Government to
provide PPEs to doctors,
medical staff attending to Corona Virus patients. What does
PPE stands for?
a. Protective Patient evaluation
b. Personal Patients evaluation
c. Personal Protective equipment
d. Protective Patient equipment
12. What is the name of the online challenge for students,
launched by the innovation cell of
MHRD and AICTE, for developing solution s to the corona
virus pandemic?
a. SAMADHAN
b. CHUNAUTI
c. SAMRIDDHI
d. SOOCHNA
13. Masatsugu Asakawa is the President of which
International Financial Institution, which has
also assured $2.2 billion assistance to India?
a. Asian development bank
b. BRICS bank
c. World Economic Forum
d. World bank
14. The year 2020 marked as _______ anniversary of
Jallianwala Bagh Massacre?
a. 102nd
b. 101st
c. 100th
d. 103rd
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15. Avani Chathurvedi ,Bhawanna Kanth and Mohana Singh , who
recently received the ‘Nari
Shakthi Puraskar’ award , are associated with which
profession?
a. Fighter pilots
b. Army Officers
c. Naval captains
d. Sportsperson
16. Name the food delivery business company which is
acquired by Zomato for $206 million
recently.
a. Uber eats
b. Holachef
c. Freshmenu
d. Foodpanda
17. Which city has been adjudged as the cleanest for the 4th
time in the latest
cleanliness survey of the union government?
a. Bhopal
b. Indore
c. Rajkot
d. Surat
18. RBI has restricted the withdrawal limit in Yes bank
during the moratorium period to
Rs.____ per account.
a. Rs.35,000
b. Rs.60,000
c. Rs.75,000
d. Rs.50,000
19. Supreme court has lifted ban on trading in
cryptocurrency by cancelling the circular
of Reserve bank of India’s (RBI) issued in 2018. The
Cryptocurrency runs on which technology?
a. Cyber Tech
b. Cloud Compute
c. Blockchain
d. Artificial Intelligence
20. Who appointed as India’s First Chief of Defence Staff?
a. Deepak kapoor
b. Bipin Rawat
c. Bikram Singh
d. VK Singh
21. The government has renamed Pravasi Bharatiya Kendra in a
solemn tribute to
which Minister
a. Arun jaitley
b. Manohar Parrikar
c. Sushma Swaraj
d. Atal Bihari Vajpayee
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22. The Ministry of corporate affairs (MCA) has introduced a
scheme namely “LLP
settlement Scheme,2020” for LPP’s by allowing a one-time
condonation of delay in filing forms
with the Registrar of Office (ROC). The LLP denotes?
a. Limited Liability Property
b. Limited Liability Partnership
c. Large Limited partnership
d. Listed Liability Partnership
23. Government made RFID tag compulsory for all four
wheelers in India. RFID stands
for _____.
a. Resource Frequency Identification
b. Research Forum Identification
c. Radio Frequency Identification
d. Reverse fee Identity
24. Who presented the 90th Union Budget for 2020-2021 in
India?
a. Smriti Irani
b. Nirmala Sitharaman
c. Amit Shah
d. Anurag Singh Thakur
25. Who is the current Speaker of 17th Lok Sabha?
a. Sumithra Mahajan
b. Om birla
c. M.Venkaiah Naidu
d. Meira Kumar
26. In which Indian city, the India Post launched India’s
1st digital parcel locker service.
a. New Delhi
b. Kolkata
c. Ranchi
d. Chennai
27. Name the person who has been appointed as 1st ever
ambassador of IDFC First
Bank .
a. Akshay Kumar
b. Salman Khan
c. Amitabh Bachan
d. Ranveer singh
28. In light of the decision taken by the Union Government
on removal of Article 370 of
Indian Constitution , which of the following is correct?
a. Jammu & Kashmir is Union Territory and Ladakh is a
state
b. Jammu & Kashmir and Ladakh are two separate Union
Territories
c. Jammu & Kashmir is a state and Ladakh is Union
Territory
d. Jammu & Kashmir and Ladakh are two separate states
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29. Name the country which is going to host he new edition
of AIBA(International
Boxing Association) world cup 2020?
a. Russia
b. China
c. Cuba
d. Indonesia
30. Name the person who heads the Committee which
recommended the Concession
of commercial operation of train service like
Rajdhani/Shadabti to private parties.
a. Kaushik basu
b. Bibek debroy
c. Gita gobinath
d. Abhijit Banerjee
31. In the month of May 2020 , which of the following
tropical cyclone touched odisha and west
Bengal?
a. Amphan
b. Luban
c. Megh
d. Fani
32. The Central Government has launched India’s biggest
evacuation Plan to bring back Indian
citizen stranded in foreign countries . What is the name of
the misson?
a. Stranded Indian Mission
b. Vande Bharat Mission
c. Smart India Mission
d. Bharat Nagrik Mission
33. Central Government has announced to raise the Foreign
Direct Investment (FDI) limit in
defence Manufacturing under automatic route from 49% to
____%.
a. 51
b. 74
c. 100
d. 65
34. Name the programme which was launched for online
education (1 to 12) announced under
“Atmanibhar Bharat Abhiyaan”.
a. PM e-Kalyan
b. PM e-Suraksha
c. PM e-Anhiyan
d. PM e-Vidhya
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35. Union Finance Minister Smt. Nirmala Sitharaman announced
Economic Stimulus package of
Rs.20Lakhs crore in how many tranches?
a. Three
b. Five
c. Four
d. Six
36. Who is the present Union Health Minister who recently
appointed as the chairman of the World
Health Organization(WHO) 34-Member Executive Board?
a. Amit Shah
b. Dr. Harsh Vardhan
c. Nirmala Sitharaman
d. Piyush Goyal
37. Name the 1st India Tennis Player who has won the Fed Cup
heart award 2020 for
Asia/Oceania Zone?
a. Leander Paes
b. Sania Mirza
c. Rohan Bopanza
d. Vijay Amritraj
38. Recently, US based equity giant KKR, has bought _______%
Stake in Jio platforms.
a. 2.32
b. 5.32
c. 7.32
d. 9.32
39. Who is the present Governor of Reserve Bank of India?
a. Raghuram Rajan
b. Tapan Roy
c. Urijit Patel
d. Shaktikanta Das
40. Ministry of Labour & Employment has decided to
reduce the Employee’s provident fund
contributions to ____% from the existing 12% for three
months till July,2020.
a. 5
b. 6
c. 8
d. 10
41. Name the person who authored the book titled “Wuhan
Diary”: Dispatches from the
quarantined city?
a. Yiyun Li
b. Hua YU
c. Lu Xun
d. Fang Fang
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TEAM - CS ASPIRANT
TEAM - CS ASPIRANT
42. On January 2,2020 Prakash Parv was celebrated as birth
anniversary of which Sikh Guru?
a. Guru Harkrishan Sahib
b. Guru Har Rai
c. Guru Gobind Singh
d. Guru Teg Bahadur
43. Name the person who has been appointed as the chairman
of NABARD recently till July,2022?
a. Govinda Rajulu Chintala
b. Harsh Kumar Bhanwala
c. P.V.S Suryakumar
d. Shaji KV
44. From which Indian organization , the four Indian Air
Force Pilots have been selected for
training in Russia for the ambitious Gaganyaan Manned Space
Mission , that is going to be
launched in 2022?
a. The Marine Commandos(MARCOS)
b. Indian Space Research Organization (ISRO)
c. Indian Air Force(AIR)
d. Indian Navy
45. Para athlete Deepa Malik (1st women to win medal in
Paralympic Games ) who announced
retirement is associated with which sports?
a. Triple Jump
b. Long Jump
c. Middle distance running
d. Shot put
46. Who among the following has recently appointed as the
Central Vigilance Commissioner(CVC)?
a. Suresh Patel
b. Amita Pandove
c. Sanjay Kothari
d. Bimal Julka
47. Name the NASA Satellite which can give early warning
signals for earthquake?
a. CIRES
b. Jason-1
c. Lava
d. Apollo
48. Where in China was the Corona Virus Diseases 2019 or
COVID-19, First identified?
a. Wuhan
b. Shenzhou
c. Shanghai
d. Beijing
192
TEAM - CS ASPIRANT
TEAM - CS ASPIRANT
49. External Affairs Minister Dr.S. Jaishankar has attended
the BRICS foreign minister summit
recently. Who is the current chair of BRICS?
a. China
b. India
c. Brazil
d. Russia
50. Which Indian Shuttler has been named as the ambassador
of Badminton World Federation’s “I
am Badminton ” campaign?
a. Parupalli Kashyap
b. Saina Nehwal
c. Srikanth Kidambi
d. PV Sindhu
51. Which of the following Indian Cricketer has been
appointed as the ambassador of PokerStars
India.
a. Virat Kohli
b. Sachin Tendulkar
c. MS Dhoni
d. Rohit Sharma
52. Who is the current chairperson of IBBI?
a. Usha Thorat
b. AS Mehta
c. Tapan Roy
d. MS Sahoo
53. Who id the present Union Minister Of Road Transport and
Highways?
a. Piyush Goyal
b. Nithin Jairam Gadkari
c. Nirmala Sitharaman
d. Amith Shah
54. In collaboration of which public sector bank, the
government telecom operator BSNL has
launched Bharat InstaPay , UPI-based payment platform.
a. State bank of India
b. Allahabad Bank
c. UCO bank
d. Punjab National bank
55. NDMA stands for:
a. National Driving Management Authority
b. National Displacement Management Authority
c. National Diversity Management Authority
d. National Disaster Management Authority
193
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TEAM - CS ASPIRANT
56. Irrfan Khan who passed away recently was suffering from
which of the following Cancer
Diseases?
a. Neuroendocrine
b. Lymphoma
c. Colon
d. Basal Cell
57. Who declared COVID-19 as global Pandemic?
a. United Nation
b. Indian Embassy
c. Mumbai
d. WHO
58. Which of the following organisation has recently
reported that the air pollution in India is 20-
years low?
a. National Aeronautics and Space Administration(NASA)
b. Defence Research and Development Organisation (DRDO)
c. Indian Space Research Organisation (ISRO)
d. Central Pollution Control Board (CPCB)
59. Recently, Government of Indian announced special
economic package for various sectors
which is titled as__________
a. Atmasuraksha Bharat Abhiyan
b. Atmanirbhar Bharat Abhiyan
c. Atmanirman Bharat Abhiyan
d. Atmakalyan Bharat Abhiyan
60. Name the company which has become the 1st member of
India’s gas trading platform named
“Indian Gas Exchange(IGX)”?
a. Manikaran Power Limited
b. Reliance Power Limited
c. Indane Power Limited
d. Adani Power Limited
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SUBJECT WISE
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THAT’S FOR YOU ALL TO PRACTISE!
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