This download link is referred from the post: DUET Last 10 Years 2011-2021 Question Papers With Answer Key || Delhi University Entrance Test conducted by the NTA
Topic:- DU_J18_MCOM_Topic01
- If the probability of A is 0.5 and the probability of B is 0.2 and the probability of the union of A and B is 0.7, then : [Question ID = 30693]
- A and B are dependent [Option ID = 62766]
- A and B are independent [Option ID = 62764]
- A and B are mutually exclusive [Option ID = 62765]
- A and B do have an intersection [Option ID = 62767]
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Correct Answer :-
A and B are mutually exclusive [Option ID = 62765]
- If the quantity of the commodity demanded remains unchanged as its price changes, the coefficient of price elasticity of demand is [Question ID = 30672]
- Equal to 1 [Option ID = 62681]
- Zero [Option ID = 62683]
- Greater than 1 [Option ID = 62680]
- Smaller than 1 [Option ID = 62682]
Correct Answer :-
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Zero [Option ID = 62683]
- If the demand function for an article is p=35-2x-x2 and the demand Xo is 3, then consumer surplus will be [Question ID = 30700]
- 57 [Option ID = 62795]
- 47 [Option ID = 62794]
- 37 [Option ID = 62792]
- 27 [Option ID = 62793]
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Correct Answer :-
27 [Option ID = 62793]
- If the third moment about mean is zero then distribution is [Question ID = 30691]
- Positively skewed [Option ID = 62756]
- Mesokurtic [Option ID = 62758]
- Negatively skewed [Option ID = 62757]
- Symmetrical [Option ID = 62759]
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Correct Answer :-
Symmetrical [Option ID = 62759]
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- Which of the following statements is correct - [Question ID = 30686]
- Mean is not affected by extreme values [Option ID = 62736]
- Mode is affected by extreme values [Option ID = 62738]
- None of these [Option ID = 62739]
- Median divides the data into two equal parts [Option ID = 62737]
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Correct Answer :-
Median divides the data into two equal parts [Option ID = 62737]
- Which of the following are not true for a bank reconciliation statement
- Part of double entry system
- Not Part of double entry system
- Sent by the firm to the bank
- Posted to the ledger account
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- (ii) (iii) and (iv) [Option ID = 62875]
- (i) and (ii) [Option ID = 62874]
- (i) (iii) and (iv) [Option ID = 62873]
- (i) (ii) and (iv) [Option ID = 62872]
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Correct Answer :-
(i) (iii) and (iv) [Option ID = 62873]
- Which of the following is a trade deficit [Question ID = 30679]
- Saving < investment [Option ID = 62710]
- Exports < imports [Option ID = 62708]
- Net exports < 0 [Option ID = 62709]
- All of these [Option ID = 62711]
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Correct Answer :-
All of these [Option ID = 62711]
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- Which of the following changes would not shift the demand curve for a good or service? [Question ID = 30662]
- a change in the price of the good or service [Option ID = 62641]
- a change in the price of a related good or service. [Option ID = 62643]
- a change in income [Option ID = 62640]
- a change in expectations about the future price of the good or service [Option ID = 62642]
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Correct Answer :-
a change in the price of the good or service [Option ID = 62641]
- Which of the following is not a reason for an idle time variance? [Question ID = 30734]
- Illness or injury to worker [Option ID = 62930]
- Machine breakdown [Option ID = 62929]
- Wage rate increase [Option ID = 62928]
- Non-availability of material [Option ID = 62931]
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Correct Answer :-
Wage rate increase [Option ID = 62928]
- Which of the following events would cause both the equilibrium price and equilibrium quantity of potatoes (assumed as an inferior good) to increase? [Question ID = 30663]
- a decrease in the supply of potatoes [Option ID = 62645]
- a decrease in the incomes of potatoes consumers [Option ID = 62646]
- an increase in the incomes of potatoes consumers [Option ID = 62647]
- an increase in the supply of potatoes [Option ID = 62644]
Correct Answer :-
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a decrease in the incomes of potatoes consumers [Option ID = 62646]
- Which one of the following statement is not TRUE: [Question ID = 30742]
- Decision making is part of Planning function [Option ID = 62961]
- Strategy and Plan are one and the same thing [Option ID = 62960]
- Strategic management leads towards achieving long term goals [Option ID = 62963]
- Strategies focus on gaining competitive advantages [Option ID = 62962]
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Correct Answer :-
Strategy and Plan are one and the same thing [Option ID = 62960]
- Which probability distribution is most likely the appropriate one to use for calculating the probability of the number of autos passing through a tollbooth. [Question ID = 30694]
- Poisson [Option ID = 62770]
- Normal [Option ID = 62769]
- Binomial [Option ID = 62768]
- Insufficient information to decide [Option ID = 62771]
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Correct Answer :-
Poisson [Option ID = 62770]
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- Given the LM curve, a decrease in taxes shifts the IS curve [Question ID = 30680]
- Towards right [Option ID = 62713]
- Towards left [Option ID = 62712]
- Any of these [Option ID = 62715]
- Either towards left or right [Option ID = 62714]
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Correct Answer :-
Towards right [Option ID = 62713]
- The LAC curve is tangent to the lowest point on the SAC curve when the LAC curve is failing [Question ID = 30669]
- Sometime [Option ID = 62670]
- None of these [Option ID = 62671]
- Always [Option ID = 62668]
- Never [Option ID = 62669]
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Correct Answer :-
Never [Option ID = 62669]
- In inferential statistics, we study [Question ID = 30688]
- How to draw a sample from a population [Option ID = 62744]
- How to make decisions about mean, median, or mode [Option ID = 62745]
- All of these [Option ID = 62747]
- The methods to make decisions about population based on sample results [Option ID = 62746]
Correct Answer :-
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The methods to make decisions about population based on sample results [Option ID = 62746]
- Calculate the prime cost from the following information:
Direct material purchased: Rs. 1,00,000
Direct material consumed: Rs. 90,000--- Content provided by FirstRanker.com ---
Direct labour: Rs. 60,000
Direct expenses: Rs. 20,000
Manufacturing overheads: Rs. 30,000 [Question ID = 30723]- Rs. 2,00,000 [Option ID = 62885]
- Rs. 2,10,000 [Option ID = 62887]
- Rs. 1,80,000 [Option ID = 62884]
- Rs. 1,70,000 [Option ID = 62886]
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Correct Answer :-
Rs. 1,70,000 [Option ID = 62886]
- Information concerning A Ltd.'s single product is as follows:
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Selling price - Rs. 6 per unit
Variable production cost - Rs. 1.20 per unit
Variable selling cost - Rs. 0.40 per unit
Fix production cost - Rs. 4 per unit
Fix selling cost - Rs. 0.80 per unit--- Content provided by FirstRanker.com ---
Budgeted production and sales for the year are 10,000 units
What is the company's breakeven point: [Question ID = 30731]- 10,909 units [Option ID = 62919]
- 8,000 units [Option ID = 62916]
- 10,000 units [Option ID = 62918]
- 8,333 units [Option ID = 62917]
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Correct Answer :-
10,909 units [Option ID = 62919]
- The Balance of Sinking fund investment account after the realization of investment is transferred to [Question ID = 30718]
- Profit and loss account [Option ID = 62866]
- Debenture redemption fund account [Option ID = 62864]
- Debenture account [Option ID = 62867]
- Sinking fund account [Option ID = 62865]
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Correct Answer :-
Sinking fund account [Option ID = 62865]
- Following information is available of XYZ Limited for quarter ended June, 2017:
Fixed cost Rs. 5,00,000
Variable cost Rs. 10 per unit
Selling price Rs. 15 per unit
Output level 1,50,000 units--- Content provided by FirstRanker.com ---
What will be the amount of profit earned during the quarter using the marginal costing technique? [Question ID = 30728]- Rs. 2,50,000 [Option ID = 62904]
- Rs. 7,50,000 [Option ID = 62907]
- Rs. 5,00,000 [Option ID = 62906]
- Rs. 10,00,000 [Option ID = 62905]
Correct Answer :-
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Rs. 2,50,000 [Option ID = 62904]
- The outflow of funds to acquire an asset that will benefit the business for more than one accounting period is referred to as [Question ID = 30717]
- Capital Expenditure [Option ID = 62862]
- Deferred Revenue Expenditure [Option ID = 62863]
- Miscellaneous Expenditure [Option ID = 62860]
- Revenue Expenditure [Option ID = 62861]
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Correct Answer :-
Capital Expenditure [Option ID = 62862]
- Unemployment rate is equal to [Question ID = 30677]
- Any of these [Option ID = 62703]
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Total population
* 100
Labour force - [Option ID = 62702]
Number of unemployed--- Content provided by FirstRanker.com ---
* 100
Labour force - [Option ID = 62700]
Labour force
* 100--- Content provided by FirstRanker.com ---
Adult population - [Option ID = 62701]
Number of unemployed
* 100
Labour force
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- Any of these [Option ID = 62703]
- When demand for loanable funds is given, tax incentives for saving increase the supply of loanable funds, which in turn [Question ID = 30676]
- Does not affect interest rate [Option ID = 62697]
- Increases interest rate [Option ID = 62696]
- Decreases interest rate [Option ID = 62698]
- Any of the above [Option ID = 62699]
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Correct Answer :-
Decreases interest rate [Option ID = 62698]
- When the sales increase from Rs. 40,000 to Rs. 60,000 and profit increases by Rs. 5,000, the P/V ratio is [Question ID = 30730]
- 25% [Option ID = 62914]
- 20% [Option ID = 62912]
- 30% [Option ID = 62913]
- 40% [Option ID = 62915]
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Correct Answer :-
25% [Option ID = 62914]
- Inter-office-adjustments (net) will appear in the balance sheet of a bank under [Question ID = 30715]
- both other assets and other liabilities as contra [Option ID = 62855]
- either other liabilities or other assets [Option ID = 62853]
- other liabilities only [Option ID = 62852]
- other assets only [Option ID = 62854]
Correct Answer :-
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other assets only [Option ID = 62854]
- Apple and Banana are substitutes, Low snowfall in hill areas sharply reduces the apple harvest, that would [Question ID = 30665]
- Increase consumer surplus in the market for apple and decrease producer surplus in the market for banana [Option ID = 62652]
- Increase consumer surplus in the market for apple and increase producer surplus in the market for banana [Option ID = 62653]
- Decrease consumer surplus in the market for apple and increase producer surplus in the market for banana [Option ID = 62654]
- Decrease consumer surplus in the market for apple and decrease producer surplus in the market for tea. [Option ID = 62655]
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Correct Answer :-
Decrease consumer surplus in the market for apple and increase producer surplus in the market for banana [Option ID = 62654]
- On consolidation of Balance Sheet if the total of the fair value of assets acquired is less than the whole purchase consideration then the differences should be treated as [Question ID = 30713]
- Profit on acquisition [Option ID = 62846]
- Goodwill [Option ID = 62847]
- Negative Goodwill [Option ID = 62845]
- Loss on acquisition [Option ID = 62844]
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Correct Answer :-
Goodwill [Option ID = 62847]
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- Deglobalisation implies all of the following except: [Question ID = 30736]
- Reducing interdependence in nation states [Option ID = 62936]
- A borderless world [Option ID = 62939]
- Non-integration of economic activities [Option ID = 62937]
- Reduction in border trade [Option ID – 62938]
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- The task of administration of income tax lies with the: [Question ID = 30745]
- Central Board of Indirect Taxes [Option ID = 62974]
- Central Board of Direct Taxes [Option ID = 62973]
- Central Board of Excise and Customs [Option ID = 62972]
- Ministry of Commerce [Option ID = 62975]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Central Board of Direct Taxes [Option ID = 62973]
- The Government of India launched a campaign in the name of 'Make in India' in the year [Question ID = 30735]
- 2017 [Option ID = 62935]
- 2015 [Option ID = 62933]
- 2016 [Option ID = 62934]
- 2014 [Option ID = 62932]
--- Content provided by FirstRanker.com ---
Correct Answer :-
2014 [Option ID = 62932]
- A pattern of variation of a time series that repeats every year is called: [Question ID = 30696]
- Cyclical [Option ID = 62776]
- none of these [Option ID = 62779]
- Secular [Option ID = 62778]
- Seasonal [Option ID = 62777]
Correct Answer :-
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Seasonal [Option ID = 62777]
- Scientific Management is closely related with: [Question ID = 30739]
- Henry Ford [Option ID = 62950]
- Henry Fayol [Option ID = 62948]
- AH Maslow [Option ID = 62951]
- Max Weber [Option ID = 62949]
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Correct Answer :-
Henry Ford [Option ID = 62950]
- Money stock M1 consists of [Question ID = 30678]
- Demand deposit plus time deposit plus currency [Option ID = 62706]
- Demand deposit plus saving deposit plus currency [Option ID = 62704]
- Demand deposit plus traveler's cheque's plus currency [Option ID = 62705]
- None of these [Option ID = 62707]
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Correct Answer :-
Demand deposit plus traveler's cheque's plus currency [Option ID = 62705]
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- In the long run when aggregate supply curve is horizontal an increase in the aggregate demand leads to [Question ID = 30675]
- Any of the above [Option ID = 62695]
- Shift in aggregate demand curve downward [Option ID = 62693]
- Shift in aggregate demand curve upward [Option ID = 62692]
- No change in aggregate demand curve [Option ID = 62694]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Shift in aggregate demand curve upward [Option ID = 62692]
- Division of labor relates to: [Question ID = 30743]
- Distribution of work as per the ability of the worker [Option ID = 62966]
- Distribution of work as per organizational needs [Option ID = 62965]
- All of these [Option ID = 62967]
- Equal pay for equal work [Option ID = 62964]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Distribution of work as per the ability of the worker [Option ID = 62966]
- Under floating exchange rate regime a monetary expansion will result in [Question ID = 30682]
- Increase in income and trade balance but decrease in exchange rate [Option ID = 62720]
- Increase in income and exchange rate but decrease in trade balance [Option ID = 62722]
- Increase in income but decrease in trade balance exchange rate [Option ID = 62723]
- Decrease in income and trade balance but increase in exchange rate [Option ID = 62721]
Correct Answer :-
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Increase in income and trade balance but decrease in exchange rate [Option ID = 62720]
- Glass ceiling relates to: [Question ID = 30740]
- Equal pay for equal work [Option ID = 62952]
- Discrimination based on caste [Option ID = 62955]
- Whistle blowing [Option ID = 62953]
- Career growth for females [Option ID = 62954]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Career growth for females [Option ID = 62954]
- Insurance commission received by the assesse is taxable under the head: [Question ID = 30750]
- Capital gains [Option ID = 62994]
- Salaries [Option ID = 62992]
- Income from other sources [Option ID = 62995]
- Profits and gains of business or profession [Option ID = 62993]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Income from other sources [Option ID = 62995]
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- In order to influence spending on goods and services in the short run, monetary policy is directed at directly influencing [Question ID = 30683]
- Unemployment rates [Option ID = 62724]
- Inflation rates [Option ID = 62725]
- Economic growth rates [Option ID = 62727]
- Interest rates [Option ID = 62726]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Interest rates [Option ID = 62726]
- If an accumulated provision for depreciation account is in use then the entries for the year's depreciation would be [Question ID = 30719]
- Debit Assets Account, Credit Profit and Loss Account [Option ID = 62869]
- None of these [Option ID = 62871]
- Credit Provision for depreciation account, Debit Profit and loss Account [Option ID = 62870]
- Credit Assets Account, Debit Provision for depreciation account [Option ID = 62868]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Credit Provision for depreciation account, Debit Profit and loss Account [Option ID = 62870]
- A 3 percent increase in price of a good causes a 10 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good? [Question ID = 30664]
- The good is a superior good [Option ID = 62649]
- The good is a giffen good [Option ID = 62651]
- There are many close substitutes for this good [Option ID = 62650]
- The good is a necessity [Option ID - 62640]
- Gross Domestic Product at factor cost plus net property income from abroad minus capital consumption is equal to [Question ID = 30674]
- Gross national product at factor cost [Option ID = 62689]
- Gross domestic product at market price [Option ID = 62688]
- Net national product at market price [Option ID = 62690]
- Net national product at factor cost [Option ID = 62691]
Correct Answer :-
--- Content provided by FirstRanker.com ---
Net national product at factor cost [Option ID = 62691]
- Monica deposits money in a bank paying 16% interest rate compounded quarterly. If she wants to have Rs. 15,000 in her account after 5 years. How much should she deposit today? [Question ID = 30701]
- Rs. 7777.77 [Option ID = 62798]
- Rs. 8040.50 [Option ID = 62797]
- Rs. 6500.00 [Option ID = 62799]
- Rs. 6,845.80 [Option ID = 62796]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Rs. 6,845.80 [Option ID = 62796]
- The weights of students in a college is a [Question ID = 30687]
- Continuous Variable [Option ID = 62741]
- Discrete Variable [Option ID = 62740]
- Qualitative Variable [Option ID = 62742]
- Any of these [Option ID = 62743]
--- Content provided by FirstRanker.com ---
Correct Answer :-
Continuous Variable [Option ID = 62741]
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- A production possibilities frontier shifts outward when [Question ID = 30660]
- Government increases the amount of money in the economy [Option ID = 62635]
- The economy experiences economic growth [Option ID = 62633]
- The economy abandons inefficient production methods in favor of efficient production methods. [Option ID = 62634]
- The desires of the economy's citizens change [Option ID = 62632]
--- Content provided by FirstRanker.com ---
Correct Answer :-
The economy experiences economic growth [Option ID = 62633]
- In case of rising prices (inflation), FIFO method will: [Question ID = 30724]
- provide highest value of closing stock and profit [Option ID = 62889]
- provide highest value of closing stock but lowest value of profit [Option ID = 62890]
- provide highest value of profit but lowest value of closing stock [Option ID = 62891]
- provide lowest value of closing stock and profit [Option ID = 62888]
--- Content provided by FirstRanker.com ---
Correct Answer :-
provide highest value of closing stock and profit [Option ID = 62889]
- In which of the following cases, clubbing provisions would not be attracted under the income Tax Act? [Question ID = 30754]
- Remuneration received by the spouse of an individual from a concern in which the individual is having substantial interest, and where the spouse has no professional knowledge. [Option ID = 63010]
- Income of a minor child [Option ID = 63009]
- Income from assets transferred to spouse for adequate consideration [Option ID = 63011]
- Transfer of Income without transfer of asset [Option ID = 63008]
Correct Answer :-
--- Content provided by FirstRanker.com ---
Income from assets transferred to spouse for adequate consideration [Option ID = 63011]
- The threshold for deduction of tax at source on interest income for senior citizens has been raised in the Union Budget 2018 to: [Question ID = 30
This download link is referred from the post: DUET Last 10 Years 2011-2021 Question Papers With Answer Key || Delhi University Entrance Test conducted by the NTA
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