Solved Paper Junior Auditor 2019 [Part-3] – HPSSC Hamirpur

111. Who among the following appoints the acting Chief Justice of India?

1. Chief Justice of India
2. President of India
3. President in consultation with the Chief Justice of India
4. None of these

112. Which of the following states has the largest number of seats reserved for the scheduled tribes in the Lok Sabha?

1. Bihar
2. Gujarat
3. Uttar Pradesh
4. Madhya Pradesh

113. The ratio at which R.B.I. gives short term loan to the commercial bank is called:

1. Repo rate
2. Bank rate
3. Reverse repo rate
4. Cash reserve rate

114. Which is actively involved in drafting the Union Budget of India?

1. NITI Aayog
2. Finance Commission
3. Ministry of Finance
4. None of these

115. ‘Stand-Up India’ scheme is associated with

1. All small entrepreneurs
2. All big entrepreneurs
3. SC/ST and women entrepreneur
4. None of these

116. Disguised unemployment generally means

1. Large number of people remain unemployed
2. Alternative employment is not available
3. Marginal productivity of labour is zero
4. Productivity of workers is low

117. Which of the following is not a measure of human development index?

1. Life expectancy
2. Sex ratio
3. Literacy rate
4. Gross enrollment

118. The first satellite which was designed and fabricated in India was

1. Bhaskara-1
2. Bhaskara-2
3. Aryabhatta
4. Rohini

119. Which of the following is electromagnetic in nature?

1. X – rays
2. Y – rays
3. Infrared rays
4. All of these

120. Containers used for transporting strong acids are made of

1. Steel
2. Stainless steel
3. Polyethene
4. Brass

121. Which element plays an important role in blood clotting?

1. Potassium
2. Phosphorus
3. Calcium
4. Iron

122. Which of the following diseases is a contagious disease?

1. Beriberi
2. Pellagra
3. Diphtheria
4. Scurvy

123. If DEMOCRATIC’ is written as ‘EDMORCATCI’, Then how ‘CONTINUOUS’ will be written in the same code?

1. OCNTNIUOSU
2. OCTNNIOUSU
3. OTCNINUOUS
4. OTNCINUOSU

124. Javed’s brother’s sister’s father’s brother is Karim and Karim’s daughter is Dolly. How is Javed related to Dolly?

1. Brother
2. Cousin
3. Sister
4. Uncle

125. The first member of the Rajya Sabha from H.P. was

1. Jaiwant Ram
2. Y.S. Parmar
3. N.C. Mehta
4. Chiranji Lal Verma

126. Lama Lake is situated in which district of H.P.?

1. Lahaul & Spiti
2. Chamba
3. Kinnaur
4. Kangra

127. Which of the following projects is related to Chenab River?

1. Killer
2. Sissu
3. Thirot
4. All of these

128. Kahika fair is celebrated in which district of H.P.?

1. Sirmaur
2. Chamba
3. Hamirpur
4. Kullu

129. Which airport is going to be named after Vajpayee?

1. Jaipur Airport
2. Kangra Airport
3. Dehradun Airport
4. Kullu-Manali Airport

130. A 70 feet tall Lord Buddha’s status has been recently unveiled in which state?

1. Gujarat
2. Bihar
3. Maharashtra
4. Uttar Pradesh

131. When the International day for the elimination of Violence against women was observed in 2018?

1. November 22
2. November 25
3. November 23
4. November 26

132. Which state comes out with lexicons of 21 vanishing tribal Languages?

1. Rajasthan
2. Maharashtra
3. Karnataka
4. Odisha

133. Meaning of the idiom ‘To snap one’s fingers at’ is

1. To honour someone
2. To greet someone
3. To beckon someone
4. To be careless

134. Antonym of the word ‘Fortitude’ is

1. Forgetfulness
2. Generosity
3. Cowardice
4. Simplicity

135. I wonder if I shall get ……….. my history examination.

1. At
2. In
3. Through
4. No preposition is needed

136. ‘आ’ का उच्चारण स्थान है

1. दन्त
2. कंठ
3. मूर्धा
4. नासिक

137. ‘चंद्रशेखर’ में समास है

1. बहुब्रीहि
2. द्वन्द
3. तत्पुरुष
4. अव्ययीभाव

138. ‘अनल – अनिल’ का युग्म शब्द है

1. आगा-वीर
2. आग – हवा
3. चैनरी-सुगंध
4. दांव-दैत्य

139. Plastic money refers to the credit card issued by

1. RBI
2. Commercial bank
3. Investment Bank
4. NBFC

140. Industrial reconstruction corporation of India Limited was set up in

1. April,1971
2. April,1973
3. April,1972
4. April,1974

141. The maximum period for which loans are granted by IFCI is

1. 20 years
2. 25 years
3. 15 years
4. Depend on the project

142. One Rupee note is signed by the

1. Governor of RBI
2. Finance Minister of India
3. Vice Chairman of Planning commission
4. None of these

143. Under the Lead Bank Scheme, the scheme of finance is prepared by

1. RRB
2. Commercial Bank
3. Lead Bank
4. RBI

144. The rate at which one bank give loan to the other bank is called

1. Bank rate
2. Prime Lending Rate
3. Discount Rate
4. Leading Rate

145. The sponsoring Commercial Bank’s share in RRB is

1. 30%
2. 15%
3. 35%
4. 50%

146. Statutory Liquidity Ratio means a certain percentage of the bank deposits kept with

1. RBI
2. Commercial Bank itself
3. I.M.F.
4. None of these

147. Which of the following is a selective credit control?

1. Bank rate policy
2. Open market operations
3. CRR policy
4. Regulation of customer’s credit

148. CRAR means

1. Capital to Risk Adjusted Ratio
2. Capital Ratio to Asset Ratio
3. Capital Ratio to Adjusted Risk
4. Capital to Risk Asset Ratio

150. Duping means selling goods

1. Below actual price
2. Above actual price
3. At Par
4. All of these

151. Export-Import Bank of India was established on

1. Jan 1, 1983
2. Jan 1, 1984
3. Jan 1, 1981
4. Jan 1, 1982

152. The headquarters of ASIAN Development Bank(ADB) is in

1. New Delhi (India)
2. Manila (Philippines)
3. Tokyo (Japan)
4. Colombo (Sri Lanka)

153. India’s deficit in balance of payment can be better described as

1. Development deficit
2. Sustenance deficit
3. Non-productive deficit
4. Consumption deficit

154. The concept of income terms of trade is given by

1. Viner
2. Ellsworth
3. Taussig
4. Dorrance

155. The SDR’s scheme came into existence in

1. 1969
2. 1971
3. 1949
4. 1970

156. Movement of non-monetary gold is included in BOP?

1. Yes
2. No
3. Depends upon situation
4. Can’t say

157. The economist who was associated with the WTO draft document is

1. J. N. Bhagwati
2. A.K.Sen
3. T.N.Srinivasan
4. Avinash Dixit

158. Software technology parks means:

1. 100% EOU for exports
2. 100% EOU for software technology
3. 100% EOU for import of software for re-export
4. All of these

159. The term ‘Audit’ is derived from a Latin word ‘audire’ which means……

1. To inspect
2. To examine
3. To hear
4. To investigate

160. Concealment of shortage by delaying the recording of cash receipt is known as…………

1. Embezzlement
2. Misappropriation
3. Lapping
4. None of these

161. Why do auditors concentrate their efforts on material items in accounts?

1. Because they are easier to audit
2. Because it reduces the audit time
3. Because the risk to the accounts of their being incorrectly stated is greater.
4. Because the directors have asked for it.

162. An auditor is liable for his annual audit of accounts to

1. Creditors
2. Debtors
3. Bankers
4. Owners

163. Audit of a bank is generally conducted through

1. Routine checking
2. Couching
3. P&L Audit
4. Balance sheet Audit

164. Depreciation is based on

1. Economic life of asset
2. Declared life of asset by supplier
3. Normal life of asset
4. Value of asset

165. An endowment insurance policy can be taken in respect of

1. Fire insurance
2. Accident insurance
3. Life Insurance
4. Marine Insurance

166. No one will try to commit an error or fraud as the accounts are subject to

1. Scrutiny
2. Internal Control
3. Audit
4. None of these

167. Primary responsibility for the adequacy of financial statement disclosures rests with the …………………..

1. Auditor
2. Management
3. Auditor’s staff
4. Central Govt.

168. Audit is conducted by

1. Cost accountant
2. Company secretary
3. Chartered Accountant
4. Any person

169. The investigation is related to critical checking of

1. Internal records
2. Particular records
3. Accounting records
4. External records

170. Which type of audit is conducted by the internal audit staff?

1. Cost Audit
2. Secretarial Audit
3. Internal Audit
4. Tax Audit

Read previous parts: ॥ Part-1॥ Part-2॥