OES Exam : Assistant Professors in Government College in Commerce


18th January, 05:48 pm

1. Comprehension Study the following information carefully and answer the questions given beside. 

In a certain code language,

‘Reach Is For Stars’ is written as ‘surdmolp’

‘Nothing Is Out Of Reach’ is written as ‘ka su hu lklp’

‘For Love Of Life’ is written as ‘lkmo go ma’

‘Nothing Like Life Is’ is written as ‘lp go hu ne’

Question Description Which of the following is the code for ‘Love Nothing’ in the given code language?

A lp go

B mo ne

C ma hu

D lk go

E None of the above


2. Comprehension Study the following information carefully and answer the questions given beside.

In a certain code language,

‘Reach Is For Stars’ is written as ‘surdmolp’

‘Nothing Is Out Of Reach’ is written as ‘ka su hu lklp’

‘For Love Of Life’ is written as ‘lkmo go ma’

‘Nothing Like Life Is’ is written as ‘lp go hu ne’

Question Description What does the code ‘ka’ stand for in the given code language?

A Nothing

B Is

C Of

D Reach

E None of the above


3. Comprehension Study the following information carefully and answer the questions given beside.

In a certain code language,

‘Reach Is For Stars’ is written as ‘surdmolp’

‘Nothing Is Out Of Reach’ is written as ‘ka su hu lklp’

‘For Love Of Life’ is written as ‘lkmo go ma’

‘Nothing Like Life Is’ is written as ‘lp go hu ne’

Question Description What does the code ‘ne’ stand for in the given code language?

A Nothing

B Like

C Life

D Is

E None of the above

Correct Answer


4. Comprehension In a family there are two couples, two son and one daughter.

C is the grandfather of S.

S is the son of M.

K is the grandmother of P and is the wife of C.

P is the daughter of Q.

Question Description How is P related to K?

A Grandson

B Son

C Granddaughter

D Daughter

E None of the above


5. Comprehension In a family there are two couples, two son and one daughter.

C is the grandfather of S.

S is the son of M.

K is the grandmother of P and is the wife of C.

P is the daughter of Q.

Question Description Which of the following is a pair of couple?

A MQ

B CP

C SP

D KQ

E None of the above


6. Comprehension Refer to the following data and answer the following questions.

It is a game based on the position you take in a clock. You are at the 1 O’clock position. You can move one-step clockwise, 1 step anti clockwise or to a place that is diametrically opposite yours. For example, from 1 O’clock if you move clockwise you will be at 2 O’clock. As you start the game, you are at 1 O’clock position and your score is 1. If you move a step clockwise, add the value of the time in that position to your score to give you the new score. If you move a step anticlockwise, add the value of the time in that position and subtract 2 from your score. If you move a step diametrically opposite, add the value of the time in that position to your

score and subtract 4 from your score to get the new score. You cannot get back to a position that you have already visited.

Question Description What will be your minimum score after the third move?

A 10

B 7

C 11

D 12

E None of the above


7. Comprehension Refer to the following data and answer the following questions.

It is a game based on the position you take in a clock. You are at the 1 O’clock position. You can move one-step clockwise, 1 step anti clockwise or to a place that is diametrically opposite yours. For example, from 1 O’clock if you move clockwise you will be at 2 O’clock. As you start the game, you are at 1 O’clock position and your score is 1. If you move a step clockwise, add the value of the time in that position to your score to give you the new score. If you move a step anticlockwise, add the value of the time in that position and subtract 2 from your score. If you move a step diametrically opposite, add the value of the time in that position to your

score and subtract 4 from your score to get the new score. You cannot get back to a position that you have already visited.

Question Description What will be your maximum score after the second move?

A 16

B 18

C 20

D 24

E None of the above


8. Comprehension Refer to the following data and answer the following questions.

It is a game based on the position you take in a clock. You are at the 1 O’clock position. You can move one-step clockwise, 1 step anti clockwise or to a place that is diametrically opposite yours. For example, from 1 O’clock if you move clockwise you will be at 2 O’clock. As you start the game, you are at 1 O’clock position and your score is 1. If you move a step clockwise, add the value of the time in that position to your score to give you the new score. If you move a step anticlockwise, add the value of the time in that position and subtract 2 from your score. If you move a step diametrically opposite, add the value of the time in that position to your

score and subtract 4 from your score to get the new score. You cannot get back to a position that you have already visited.

Question Description If you had moved a step anticlockwise in the first move, you could not have reached one of the following positions in the third move.

A 10 O’clock

B 5 O’clock

C 7 O’clock

D 6 O’clock

E None of the above


9. Question Description Which of the following constitutes Foreign Direct Investment?

A A speculator trying to make a profit 

by buying company shares on a 

foreign stock exchange.

B A UK energy company 

buying territory  abroad 

where it expects to find oil 

reserves.

C A tourist purchasing foreign 

currency to spend on a holiday 

abroad.

D A company signing an agreement 

with a wholesaler to distribute its 

products in foreign markets.

E None of the above


10. Question Description Analysing the business environment best assists in

A Identifying key competitive 

forces;  identifying competitive 

position;  identifying key 

opportunities, threats, 

strengths and weaknesses.

B Auditing macro environmental 

influences; identifying key 

competitive forces; identifying 

competitiveposition; identifying 

key opportunities and threats.

C Auditing external and 

organisational factors; 

identifying key competitive  

forces; identifying competitive  

position; identifying key 

opportunities and threats.

D Assessing historical trends; 

auditing  environmental 

dangers; identifying  strategic 

capabilities; identifying  

competitive position.

E None of the above


11. Question Description ABC Ltd., an Indian company, receives dividend of Rs.10 lakhs from its subsidiary company XYZ Ltd., also an Indian company in January, 2022. It also receives dividend of Rs. 8 lakhs in February, 2022 from MNC Inc., a foreign company, in which it holds 25% shareholding. ABC Ltd. declares dividend of Rs.20 lakhs in April, 2022 for the F.Y.2021 - 22. What is the deduction available to ABC Ltd. under section 80M for A.Y 2022-23?

A Rs 8 Lakhs

B Rs 10 Lakhs

C Rs 18 Lakhs

D Rs 20 Lakhs

E None of the above


12. Question Description Which of the following statement is correct in regards to pricing?

1. Price skimming relies on high 

upfront price to maximize 

short-term profits.

2. Penetration price relies on low 

upfront price to attract 

customers. Select the correct 

answers from the codes given 

below:

A 1 only

B 2 Only

C Both 1 and 2

D Neither 1 or 2

E None of the above

13. Question Description Mr. Lal, a registered person under GST, was the proprietor of M/S Spiceton Restaurant. He died and left behind his wife and son, on 15 August. His son – Mr. Pal – wants to continue the business of the deceased father.

The GST consultant of M/S Spiceton Restaurant gives advice to Mr. Pal as to how he can continue the business of his

deceased father.

Which of the following options is correct in accordance with the provisions of GST Law?

A Mr. Pal should apply for a 

new  registration under GST in 

the name  M/S Spiceton 

Restaurant under his  own PAN 

w.e.f the date of succession  and 

file Form GST 02 for transfer of  

ITC to the new entity.

B Mr. Pal can get the authorised 

signatory changed by 

approaching to the Proper 

Officer and can continue the 

same business.

C Mr.Pal should close the old firm 

and start new business under 

different name.

D Mr.Pal should do the 

business with  his mother 

as the new proprietor of  the 

M/S Spiceton Restaurant, and 

Mr.Pal should act as a Manager.

E None of the above


14. Question Description ABC Ltd., an Indian company engaged in manufacture of steel, has incurred expenditure on advertisement in a souvenir of a political party. Which of the following statements are correct?

A Such expenditure is allowable as 

deduction while computing its 

business income.

B Such expenditure is not allowable 

as deduction while computing its 

total income.

C Such expenditure is not 

allowable as  deduction while 

computing its business income 

but is allowable as  deduction 

from gross total income.

D Such expenditure is neither 

allowable as deduction from 

business income nor allowable as 

deduction from gross total 

income.

E None of the above


15. Question Description Select the correct code of the following statements being correct or incorrect

I Statement (I): A Global Depositary 

Receipt (GDR) is a bank certificate 

issued in more than one country 

for  shares in a foreign company.

II. Statement (II) : A GDR is very 

similar  to American Depositary 

Receipt (ADR)

III. Statement (III): GDRs are called 

EDRs  when private markets are 

attempting  to obtain Euros.

Code:

A Statements (I), (II) and (III) are 

correct.

B Statements (I) and (II) are 

correct but  (III) is incorrect

C Statements (I) and (III) are 

correct but  (II) is incorrect

D Statements (II) and (III) are correct 

but (I) is incorrect.

E None of the above


16. Question Description If the sales and P/V ratio of a firm is Rs. 1000 and 80% respectively and the amount of interest paid is Rs. 400, then the operating leverage of the firm is :

A 4

B 3

C 2

D 5

E None of the above


17. Question Description Which of the following is not true about ADR?

A An ADR is a U.S. dollar 

denominated form of equity 

ownership in a non-U.S. 

company.

B ADRs may be used in public or 

private markets inside or 

outside US.

C ADRs do not eliminate the 

currency  risk associated with an 

investment in a non-U.S. 

company.

D ADR represents the foreign 

shares  of the company held on 

deposit by a  custodian bank in 

the company’s home country.

E None of the above


18. Question Description The observed times (in minutes) it takes a runner to complete a marathon are normally distributed. The z-score for his running time this week is –2. Which one of the following statements is a correct interpretation of his z-score?

A This week his time was two minutes lower than his time last week.

B This week his time was two minutes lower than his best time ever.

C This week his time was two minutes lower than his average time.

D This week his time was two standard  deviations lower than his average  time.

E None of the above