Practice test General knowledge For MP State Forest Services Exam

Practice test General knowledge For MP State Forest Services Exam
Based on last years question papers Of States PCS general awareness
These Questions are useful for Madhya Pradesh State Services Examination
Actually these GK Questions can be used to prepare for GK in Any Competitive job exam
1. The alternative of Socialism in
Gandhian Philosophy is-
(A) Sarvodaya
(B) Trusteeship
(C) Panchayat Raj
(D) Truth and Non-violence
Answer.B

2. Which of the following Sessions
of Congress was presided by
Mahatma Gandhi for the first
and last time ?
(A) Madras (B) Lahore
(C) Karachi (D) Belgaum
Answer.D

3. Who offered the ethical justification for individualism 7
(A) Grotius
(B) Herbert Spencer
(C) Adam Smith
(D) Laski
Answer.B

4. The Idealist Theory of Rights
gives more importance to-
(A) Social Progress
(B) Inner Development
(C) Material Progress
(D) Physical Development
Answer.B

5. Who of the following thinkers
considers property as natural ?
(A) Laski (B) Rousseau
(C) Marx (D) Aristotle
106. Who said that ’all property is
theft’ ?
(A) Grotius g (B) Rousseau
(C) Prudhon (D) Adam Smith
Answer.D

7. The view that ’Law and Liberty
are opposed to each other’ is
supported by-
(A) Individualists
(B) Anarchists
(C) Marxists
(D) Liberalists
Answer.B

8. Who among the following championed the cause of direct democracy ?
(A) Adam Smith
(B) Marx
(C) Hegel
(D) Rousseau
Answer.D

9. Who among the following hold
the view that property is necessary for the realization of one’s
will ?
(A) Laski
(B) Macpherson
(C) Mill
(D) Kant
Answer.A

10. Who among the following is not
a Marxist thinker ?
(A) Gramsci (B) Lenin
(C) Mao (D) Nozik
Answer.D

11. Fascism gives more importance to-
(A) Party (B) Army
(C) Nation (D) Leader
Answer.C

12. The President under the presidential system is-
(A) The Head of State as well as Government
(B) The Head of Government
(C) The Head of State
(D) None of the above
Answer.A

13. Who described bureaucracy as ’a
new form of despotism’ ?
(A) Laski (B) Dicey
(C) Fmer (D) Hewart
Answer.D

14. The chief function of Zonal
Council is-
(A) to help inter State development
(B) to settle inter-State disputes
(C) to provide inter-State cooperation
(D) All of the above
Answer.D

15. The Provision for Constitution of
Legislatures in States is enshrined in which Article of the Indian Constitution?
(A) Article 168
(B) Article 174
(C) Article 197
(D) Article 153
Answer.A

16. Fundamental Duties enshrined
in the Indian Constitution do not
have any-
(A) Legal Sanction
(B) Political Sanction
(C) Social Sanction
(D) Moral Sanction
Answer.A

17. The idea of organization of
Panchayats as a duty of State is
mentioned in which part of
Indian Constitution ?
(A) Chapter l
(B) Chapter Il
(C) Chapter III
(D) Chapter IV
Answer.D

18, The number of members in
Interim Government proposed
by Cabinet Mission was-
(A) 14 (B) 15
(C) 16 (D) 25 -
Answer.A

19. Who organised the Indian Home
Rule Society in London ?
(A) Madan Lal Dhingra
(B) Sardar Patel
(C) •Shyamji Krishna Verma
(D) Lala Lajpat Rai
Answer.C

20. Who among the following was
not the Vice-President of India ?
(A) Zakir Hussain
(B) Gopal Swaroop Pathak
(C) Neelam Sanjeeva Reddy
(D) M. Hidaytullah
Answer.C

21. Which one of the following is
not a method of credit control
(A) Bank rate policy
(B) Open market operations
(C) Credit deposit ratio
(D) Cash reserve ratio
Anawer.C

22. Economic development can be
best measured by——
(A) Increase in Gross National
Income
(B) Poverty ratios
(C) Growth in real per capita in
GNP
(D) Faster capital formation
Anawer.D

23. In calculating a country’s GNP
at market prices, which one of
the following is not included 7
(A) Indirect taxes
(B) Subsidies
(C) Wages and salaries before
tax
(D) Retirement pension
Anawer.B

24. As against revenue deficit, gross
fiscal deficit will always be—
(A) Lower
(B) Higher
(C) Similar
(D) Some times higher and
sometimes lower
Anawer.B

25. Consider the following statements-
(a) Money is a stock whereas
spending is a flow.
(b) Wealth is a stock while
income is a flow.
(c) The government debt is a
stock but interest payment
is a flow.
(d) The lending by bank is a
flow and its outstanding
loan is a stock. Which of the statements given
above are correct ?
(A) Only (a) and (b)
(B) (H), (b) and (C)
(C) (a),(c) and(d)
(D) All of these
Anawer.D

26. Unclaimed dividends should be
shown in the Balance Sheet of a
company under the heading
of-
(A) Reserve and Surplus
(B) Provisions
(C) Current liabilities
(D) Miscellaneous items
Anawer.C

27, The term, ’imprest system’ is
used in relation to-
(A) Purchases Book
(B) Sales Book
(C) Cash Book
(D) Petty Cash Book
Anawer.D

28. On 31st December, 2007 the
assets and liabilities of a firm
were Rs. 40,000 and Rs. 30,000
respectively. The firm was
dissolved and a sum of 60 paise
per rupee was paid to the
creditors. Loss on realisation
was—
(A) Rs. 10,000
(B) Rs. 12,000
(C) Rs. 18,000
(D) Rs. 22,000
Anawer.B

29. The rate of commission payable
on the issue of shares should not
be more than—-
(A) 2% (B) 3%
(C) 4% (D) 5%
Anawer.D

30. If sales are Rs.18,000, Gross
Profit Rs. 5,000, Net Loss
Rs. 1,000, the operating expenses will be—
(A) Rs. 4,000
(B) Rs. 6,000
(C) Rs. 13,000
(D) Rs. 17,000
Anawer.B

31. Match List-I with List-II and
select your answer using the
codes given below
List-I
(a) Surrender value
(b) Insanity of shareholder
(c) Share warrant
(d) Fully paid shares
List-II
1. Stock
2. Insurance Policy
3. Transmission of shares
4. Negotiable Instrument
Codes:
(a) (b) (C) (d)
(A) 1 2 3 4
(B) 4 2 3 1
(C) 2 3 4 1
(D) 4 2 1 3
Anawer.C

32. At what price is die stock valued
under conventional method ?
(A) At cost price
(B) At market price
(C) At cost price or market
price whichever is lower
(D) At cost price or market
price whichever is higher
Anawer.C

33. Cumulative Preference share-
holders can claim unpaid dividend of earlier years as a matter
of right only when—
(A) There are sufficient profits
(B) Company goes into wind-
me up
(C) There are sufficient liquid
funds
(D) Directors propose to distribute dividend to equity share-
holders before giving dividends
to them
Anawer.A

34. A firm had a capital balance of
Rs. 1,00,000 at the beginning of
a year. At the end of the year,
the firm has total assets of
Rs. 1,50,000 and total liabilities
of Rs. 70,000. If the total withdrawals during the period were
Rs, 30,000, what was the amount
of Net Profit/ Net Loss for the
year ?
(A) Rs. 10,000 profit
(B) Rs. 20,000 loss
(C) Rs. 50,000 loss
(D) Rs. 10,000 loss
Anawer.A

35. You are given the following
items-
(a) Bills Receivables
(b) Short-term Investments
(c) Debtors
(d) Accrued but not received
Interest.
Which of the following arrangements in the order of liquidity is
correct ?
(A) (a). (b).(c) and (d)
(B) (b). (a), (d) and (c)
(C) (a), (c), (a) and (d)
(D) (c). (a), (b) and (b)
Anawer.C

36. A private company does not-
(A) Restrict the right to transfer
the shares
(B) Limit the number of its
members
(C) Appoint auditor
(D) Publicity invite subscription
to shares
Anawer.D

37. Match List-I with List-II and
select your answer using the
codes given below-
List-I
(a) Cash
(b) Profit
(c) Discount on Issue of Shares
(d) Machinery and Plant
List-II
1. Equity Share Capital
2. Fixed Assets
3. Fictitious Assets
4. Current Assets
Codes:
(a) (b) (C) (d)
(A) 1 3 4 2
(B) 4 1 3 2
(C) 4 3 2 1
(D) 2 3 1 4
Anawer.B

38. Opening Stock Rs. 15,000
Purchases Rs. 95,000
Closing Stock Rs. 29,000
Gross Profit 10% of sales
The amount of sales will be-
(A) Rs. 60,000
(B) Rs. 72,000
(C) Rs. 80,000
(D) Rs. 90,000
Anawer.D

39. ln case of retirement of a partner, the total amount of good-
will is credited to the account of-
(A) The retiring partner only
(B) The remaining partners only
(C) All the partners
(D) None of these
Anawer.C

40. lf the rate of Gross Profit is 25%
of sales and the total cost of
goods sold is Rs. 1,00,000, the
amount of gross profit will be-
(A) Rs. 25,000
(B) Rs. 20,000
(C) Rs. 30,000
(D) Rs. 33,333
Answer.D

41. The installation expenses for a
new machine will be debited
to-
(A) Installation Expense account
(B) Cash account
(C) Profit and Loss account
(D) Machinery account
Anawer.D

42. A machine was purchased for
Rs. 10,000 and its life was
estimated to be 3 years, and at
the end of its life, its book value
was Rs. 5,120. It depreciation is
calculated according to Diminishing Balance Method, the rate
of depreciation would be-

(A) 25% (B) 15%
(C) 20% (D) 10%
Anawer.C

43. Changing of capital expenditure
to revenue expenditure results
(A) Secret reserve
(B) Revenue reserve
(C) Capital reserve
(D) None of these
Anawer.A

44. X Ltd. has current ratio of 2 : 1
and quick ratio of 1•5 : 1. lf the
current liabilities are Rs. 80,000
then the value of stock would
be-
(A) Rs. 1,60,000
(B) Rs. 1,20,000
(C) Rs. 40,000
(D) Rs. 80,000
Anawer.C

45, Profit prior to incorporation of a company-
(A) Can be paid as dividend
(B) Cannot be paid as dividend
(C) Can be used for revenue expenses
(D) None of these
Anawer.B