MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Accounting Ratios Class 12 MCQs Questions with Answers

Accounting Ratios Class 12 MCQ Chapter 10 Question 1.

The ……………… may indicate that the firm is experiencing stock outs and lost sales.

(A) Average payment period
(B) Inventory turnover ratio
(C) Average collection period
(D) Quick ratio
Answer:
(B) Inventory turnover ratio

Explanation:
The inventory turnover ratio may indicate that the firm is experiencing stock outs and lost sales. Average Payment Period is the average number of days a business takes to pay its creditors Average Collection Period is the average number of days a firm takes to get its payment from the debtors. Quick Ratio is the ratio between the liquid assets and current liabilities.

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Accounting Ratios MCQ Chapter 10 Class 12 Question 2.

The current ratio of Vidur Pvt. Ltd. is 3 : 2. The accountant wants to maintain it at 2 : 1. Following options are available :

(i) He can repay bills payable
(ii) He can purchase goods on credit
(iii) He can take a short-term loan
Choose the correct option :
(A) Only (i) is correct.
(B) Only (ii) is correct.
(C) Only (i) and (iii) are correct.
(D) Only (ii) and (iii) are correct.
Answer:
(A) Only (i) is correct.

Explanation:
In order to increase the Current ratio, the current liabilities need to be decreased, thus, he can only replay Bills Payable. If he purchases goods on credit or takes short-term loans it will increase the current liabilities.

MCQ Of Accounting Ratios Class 12 Chapter 10 Question 3.

Which of the following is not an activity ratio ?

(A) Inventory turnover ratio
(B) Interest coverage ratio
(C) Working capital turnover ratio
(D) Trade receivables turnover ratio
Answer:
(B) Interest coverage ratio

Explanation:
Interest coverage ratio is a solvency ratio.

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Accounting Ratios MCQs Class 12 Chapter 10 Question 4.

The …………… measures the activity of a firm’s inventory.

(A) average collection period
(B) inventory turnover
(C) liquid ratio
(D) current ratio
Answer:
(B) inventory turnover

Explanation:
The inventory turnover ratio measures the activity of a firm’s inventory. Average collection period measures the time taken by the debtors to pay back. Liquid Ratio measures the amount of liquid assets the firm has for every current liability. Current Ratio is the ratio between current assets and liabilities.

Accounting Ratio MCQ Chapter 10 Class 12 Question 5.

…………… are especially interested in the average payment period, since it provides them with a sense of the bill-paying patterns of the firm.

(A) Customers
(B) Stockholders
(C) Lenders and suppliers
(D) Borrowers and buyers
Answer:
(C) Lenders and suppliers

Accounting Ratios MCQs Class 12 Chapter 10 Question 6.

The …………… ratios provide the information critical to the long run operation to the firm.

(A) liquidity
(B) activity
(C) solvency
(D) profitability
Answer:
(C) solvency

Explanation:
Solvency Ratio is one of the various ratios used to measure the ability of a company to meet its long-term debts.

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

MCQ On Accounting Ratios Chapter 10 Question 7.

X Ltd. has a Debt-Equity Ratio of 3 :1. According to the management, it should be maintained at 1:1. What are the choices in front of management to do so.

(A) Increase equity
(B) Reduce debt
(C) Both, i.e, increase equity and reduce debt
(D) All of the above
Answer:
(D) All of the above

Explanation:
In order to equalize Debt-equity ratio, the company needs to either increase equity or reduce debt or do both.

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Accounting Ratios MCQ Class 12 Chapter 10 Question 8.

Pick the odd one out :

(A) Debt to Equity Ratio
(B) Proprietary Ratio
(C) Interest Coverage Ratio
(D) Inventory Turnover ratio
Answer:
(D) Inventory Turnover ratio

Explanation:
Only inventory turnover ratio is a turnover ratio rest all are solvency ratios.

Question 9.

Pick the odd one out:

(A) Gross Profit Ratio
(B) Return on Investment
(C) Net Profit Ratio
(D) Acid Test Ratio
Answer:
(D) Acid Test Ratio

Explanation:
Only Acid Test Ratio is the liquidity ratio, rest all are profitability ratios.

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Assertion And Reason Based MCQs

Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
(B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
(C) Assertion (A) is true, but Reason (R) is false.
(D) Assertion (A) is false, but Reason (R) is true.

Question 1.

Assertion (A): The standard ratio of current ratio is 2 : 1.
Reason (R): A high operating ratio leaves a high margin to meet non-operating expenses.

Answer:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).

Question 2.

Assertion (A): Debt to Equity Ratio of 2 : 1 is considered satisfactory. Generally a Low Ratio is considered favourable.
Reason (R): This ratio indicates the proportionate claims of owners and outsiders on firm’s assets. High Ratio shows claims of outsiders are greater but Low Ratio shows outsiders claims are less,

Answer:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).ct.

Question 3.

Assertion (A): Liquid ratio reveals strength of liquidity of a business unit.
Reason (R): Liquid ratio is the one of the various ratios used to measure the ability of a company to meet its long-term debts.

Answer:
(C) Assertion (A) is true, but Reason (R) is false.

Explanation:
Liquid ratio analyses liquid assets and liquid liabilities of a business unit in order to assess the extent of liquidity.

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Question 4.

Assertion (A): Higher the Gross Profit ratio, good for the business, lower ratio not good for the business.
Reason (R): It reflects the efficiency with which a firm produces its products. A high gross profit ratio indicates that the organization is able to produce at a relatively lower cost.

Answer:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).

Explanation:
The gross profit should be sufficient to cover all operating expenses and to build up reserves after paying all fixed interest charges and dividends.

Case-Based MCQs

I. Read the following information and answer the given questions:

Year202020192018
Amount(In ₹)(In ₹)(In ₹)
Outstanding50,00040,00025,000
Expenses3,00,0002,50,0003,50,000
Prepaid18,00,00016,00,00014,00,000
Expenses12,00,00010,00,00011,00,000
Trade Payables11,00,0008,00,00010,00,000
Inventory17,00,00012,00,00015,00,000
Trade24,00,00018,00,00020,00,000
Gross Profit Ratio12%15%18%

Question 1.

Current Ratio for the year 2020 will be (Choose the correct alternative)

(A) 2 : 1
(B) 1.8 : 1
(C) 2.32 : 1
(D) 2.4 : 1
Answer:
(C) 2.32 : 1

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Explanation:
Current Assets = Prepaid Expenses + Inventory + Trade Receivables + Cash in Hand = ₹ 3,00,000 + ₹ 12,00,000 + ₹ 11,00,000 + ₹ 17,00,000 = ₹ 43,00,000
Current Liabilities = Outstanding Expenses + Trade Payables
= ₹ 50,000 + ₹ 18,00,000 = ₹ 18,50,000

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 1

Question 2.

Quick Ratio for the year 2018 will be …………… (Choose the correct alternative)

(A) 1.75 : 1
(B) 1.8 : 1
(C) 0.94 : 1
(D) 1.25 : 1
Answer:
(A) 1.75 : 1

Explanation:
Quick Assets Trade receivables + Cash in hand
= ₹ 10,00,000 + ₹ 15,00,000 = ₹ 25,00,000
Current Liabilities = Outstanding Expenses + Trade Payables = ₹ 25,000 + ₹ 14,00,000 = ₹ 14,25,000
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 2

Question 3.

Inventory turnover ratio for the year 2020 will be …………… (Choose the correct alternative)

(A) 1.62 times
(B) 1.82 times
(C) 1.55 times
(D) 1.92 times
Answer:
(D) 1.92 times

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Explanation:
Inventory Turnover Ratio
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 3

Question 4.

Cost of Revenue from Operations for the year 2020 would be ……………

(A) 21,12,000
(B) 21,13,000
(C) 21,15,000
(D) 21,17,000
Answer:
(A) 21,12,000

II. Consider the following data and answer the questions that follow:

Particulars
Revenue From Operations12,00,000
Cost of Revenue from Operations9,00,000
Operating Expenses15,000
Inventory20,000
Other Current Assets2,00,000
Current Liabilities75,000
Paid up Share Capital4,00,000
Statement of Profit & Loss (Dr.)47,500
Total Debt2,50,000

Question 1.

What is the Operating ratio?

(A) 75.62%
(B) 75%
(C) 76.25%
(D) 76%
Answer:
(C) 76.25%

Explanation:
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 4

Question 2.

What is the quick ratio?

(A) 2.67 : 1
(B) 2.17 : 1
(C) 2 : 1
(D) 3 : 1
Answer:
(A) 2.67 : 1

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Explanation:
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 5

Question 3.

What is the Debt to Equity Ratio?

(A) 0.75 : 1
(B) 1 : 2
(C) 2 : 1
(D) 0.63 : 1
Answer:
(D) 0.63 : 1

Explanation:
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 6

Question 4.

What is working capital turnover ratio?

(A) 8 times
(B) 8.28 times
(C) 7.28 times
(D) 8.78 times
Answer:
(B) 8.28 times

Explanation:
Working Capital Turnover Ratio
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 7

III.Read the following hypothetical extract of ABC Ltd. and answer the questions that follow:
The following information are given:
Trade Receivables Turnover Ratio – 4 times
Current Liabilities – ₹ 5,000
Average Debtors – ₹ 1,80,000
Working Capital Turnover Ratio – 8 times
Cash Revenue from Operations – 25% of Revenue from Operations
Gross Profit Ratio – 33 \(\frac {1}{3}\) %

Question 1.

What is the revenue from operations?

(A) 9,60,000
(B) 6,40,00O
(C) 1,80,000
(D) 7,20,000
Answer:
(A) 9,60,000

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Explanation:
Trade Receivables Turnover ratio:
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 8
Credit Revenue from Operations = ₹ 1,80,000 x 4 = ₹ 7,20,000
Credit Revenue from Operations = 75% of Revenue from Operations
₹ 7,20,000 = 75% of Revenue from Operations Revenue from Operations = ₹ 9,60,000

Question 2.

What is the Gross Profit?

(A) ₹ 7,20,000
(B) ₹ 3,20,000
(C) ₹ 9,60,000
(D) ₹ 1,80,000
Answer:
(B) ₹ 3,20,000

Explanation:
Gross Profit = Gross Profit Ratio x Revenue from Operations
= 33 \(\frac {1}{3}\)% of ₹ 9,60,000 = ₹ 3,20,000

Question 3.

What is the working Capital?

(A) ₹ 1,20,000
(B) ₹ 1,80,000
(C) ₹ 3,20,000
(D) ₹ 2,40,000
Answer:
(A) ₹ 1,20,000

MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios

Explanation:
working Capital Turnover Ratio –
MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios - 9

Question 4.

What will be the value of current assets?

(A) ₹ 1,25,000
(B) ₹ 5,000
(C) ₹ 1,20,000
(D) ₹ 55,000
Answer:
(A) ₹ 1,25,000

Explanation:
Working Capital = Current Assets – Current Liabilities
Current Assets = Working Capital + Current Liabilities = ₹ 1,20,000 + ₹ 5,000 = ₹ 1,25,000

MCQ Questions for Class 12 Accountancy with Answers

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Analysis of Financial Statements Class 12 MCQs Questions with Answers

Financial Statement Analysis Class 12 MCQ Chapter 9 Question 1.

Which of the following is not a tool of financial analysis ?

(A) Comparative Income Statement
(B) Comparative Position Statement
(C) Statement of Profit and Loss
(D) Cash Flow Statement
Answer:
(C) Statement of Profit and Loss

Explanation:
Statement of Profit and Loss is the part of the financial statement used by the tools of financial analysis. Rest all help in financial analysis.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Financial Statement Analysis MCQ Chapter 9 Class 12 Question 2.

Which of the following is a limitation of financial analysis ?

(A) It is just a study of reports of the company.
(B) It judges the ability of the firm to repay its debts.
(C) It identifies the reasons for change in financial position.
(D) It ascertains the relative importance of different components of the financial position of the firm.
Answer:
(A) It is just a study of reports of the company.

Explanation:
Financial analysis is just a study of reports of a company, ignores qualitative information, does not disclose current worth, etc.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Analysis Of Financial Statements Class 12 MCQ Chapter 9 Question 3.

Which of the following is not a limitation of analysis of financial statements ?

(A) Window dressing
(B) Price level changes ignored
(C) Subjectivity
(D) Intra firm comparison possible
Answer:
(D) Intra firm comparison possible

Explanation:
Intra firm comparison is a strength of the financial statement as it allows to compare the financial position of the company not only with its past years but also with that of the competitors.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Financial Statement Analysis MCQ Class 12 Chapter 9 Question 4.

The most commonly used tools for financial analysis are :

(A) Horizontal analysis
(B) Vertical analysis
(C) Ratio analysis
(D) All of the above
Answer:
(D) All of the above

MCQ On Financial Statement Analysis Class 12 Chapter 9 Question 5.

Pick the odd one out:

(A) Horizontal Analysis
(B) Comparative Statement of Profit and Loss
(C) Comparative Balance Sheet
(D) Common-Size Balance Sheet
Answer:
(D) Common-Size Balance Sheet

Explanation:
Except common size balance sheet, all are part of comparative statement.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Analysis Of Financial Statements MCQ Chapter 9 Class 12 Question 6.

Consider the following statements given below :

(i) In Common-size Balance Sheet, each item is converted into the percentage of share capital.
(ii) In Common-size Statement of Profit and Loss, each item is converted into the percentage of total expenses.
(iii) In Comparative Statement of Profit and Loss, absolute and percentage change in the items during two periods of time are calculated. Choose the correct option :
(A) Only (i) is correct
(B) Only (ii) is correct
(C) Only (iii) is correct
(D) All are correct
Answer:
(C) Only (iii) is correct

Explanation:
Comparative statement compare financial data at two points of time and help in driving meaningful conclusions regarding the changes in financial position and operating results.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 7.

Financial Statements Analysis helps in assessing future trends and thus, helps in forecasting and preparation of ……………

(A) Accounts
(B) Budgets
(C) Reports
(D) Statements
Answer:
(B) Budgets

Assertion And Reason Based MCQs

Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
(B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
(C) Assertion (A) is true, but Reason (R) is false.
(D) Assertion (A) is false, but Reason (R) is true.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 1.

Assertion (A): Financial statements helps in drawing out meaning conclusions.
Reason (R): Financial Statements Analysis presents financial data in a simplified and understandable form.

Answer:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).

Question 2.

Assertion (A): The analysis of financial statements does not disclose the current worth of the business.
Reason (R): Financial statements are prepared on cost principles.

Answer:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).

Explanation:
As the financial statements are prepared on the cost principle, its analysis does not disclose the current financial position of the company.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 3.

Assertion (A): Comparative statements help in deriving meaningful conclusions regarding the changes in financial position and operating results. Reason (R): Comparative statements compare financial data of two points of time.

Answer:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).

Explanation:
Statements showing financial data for two or more years, placed side by side to facilitate comparison are called Comparative Financial Statements.

Question 4.

Assertion (A): Comparative Balance Sheet provides information regarding progress of the business firm.
Reason (R): The Comparative Balance Sheet shows increase and decrease in absolute terms as well as in percentage in various assets, liabilities and capital.

Answer:
(A) Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).

Explanation:
Comparative statements compare financial data of two points of time and help in deriving meaningful conclusions regarding the changes in financial position and operating results.

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Case-Based MCQs

I. Read the following information and answer the given questions:

Particulars31.3.2020 (₹)31.3.2019 (₹)
Revenue from Operations15,00,00012,00,000
Other Income30,00020,000
Cost of Materials Consumed7,00,0005,50,000

Question 1.

What is the percentage change in the Revenue from operations?

(A) 50%
(B) 25%
(C) 30%
(D) 20%
Answer:
(B) 25%

Explanation:
\(\frac {3,00,000}{2}\)

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 2.

What is the percentage change in the Total Revenue earned?

(A) 20.41%
(B) 27.27%
(C) 23.88%
(D) 25.41%
Answer:
(D) 25.41%

Explanation:
\(\frac {3,00,000 + 10,000}{12,00,000 + 20,000}\) x 100 = 24.18 %

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 3.

What is the change in the profit before tax?

(A) ₹ 1,50,000
(B) ₹ 1,60,000
(C) ₹ 3,10,000
(D) ₹ 10,000
Answer:
(B) ₹ 1,60,000

Explanation:
Total Revenue in 2013 = ₹ 12,00,000 + ₹ 20,000 = ₹ 12,20,000
Total Expenses = ₹ 5,50,000
Profit = ₹ 12,20,000 – ₹ 5,50,000 = ₹ 6,70000
In 2014, Total Revenue = ₹ 15,00,000 + ₹ 30,000 = ₹ 15,30,000
Total Expenses = ₹ 7,00,000
Profit = ₹ 15,30,000 – ₹ 7,00,000
= ₹ 8,30,000
Change in profit = ₹ 8,30,000 – ₹ 6,70,000 = ₹ 1,60,000

Question 4.

What is the percentage Expenses?

(A) 25%
(B) 24.41%
(C) 27.27%
(D) 23.88%
Answer:
(C) 27.27%

Explanation:
\(\frac {1,50,000}{5,50,000}\) = 27.27%

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

II. Read the following information and answer the given questions:
The following data is available of Pitambar Ltd.

Particulars31st March, 2020 (₹)31st March, 2019 (₹)
Revenue From Operations (% of Other Income)200%200%
Other Income2,00,0001,50,000
Cost of Material Consumed (% of Operating Revenue)60%50%
Other Expenses (% of Material Cost)10%20%
Tax Rate30%30%

Question 1.

What is the revenue from operations on 31st March, 2020?

(A) ₹ 2,00,000
(B) ₹ 4,00,000
(C) ₹ 3,00,000
(D) None of these
Answer:
(B) ₹ 4,00,000

Explanation:
200% of 2,00,000 = ₹ 4,00,000

Question 2.

What is the percentage of the Total Revenue from Revenue from operations in 2019?

(A) 100%
(B) 50%
(C) 66%
(D) 150%
Answer:
(D) 150%

Explanation:
Revenue from operations = 200% of ₹ 1,50,000 = ₹ 3,00,000
Total Revenue = ₹ 3,00,000 + ₹ 1,50,000 = ₹ 4,50,000
Required Percentage = \(\frac {4,50, 000}{3,00, 000}\) x 100 = 150%

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 3.

What is the value of the tax paid by the firm in 2019?

(A) ₹ 1,00,800
(B) ₹ 81,000
(C) ₹ 2,35,000
(D) Cannot be determined from the given data.
Answer:
(B) ₹ 81,000

Explanation:
Tax Paid = (₹ 3,00,000 + ₹ 1,50,000 – ₹ 1,50,000 30 – ₹ 30,000) x \(\frac {30}{100}\)
= ₹ 2,70,000 x \(\frac {30}{100}\)
= ₹ 81,000

Question 4.

What is the Net Profit after Tax in March 2020?

(A) ₹ 2,35,200
(B) ₹ 1,89,000
(C) ₹ 2,70,000
(D) ₹ 3,36,000
Answer:
(A) ₹ 2,35,200

Explanation:
Net Profit before Tax = ₹ 4,00,000 + ₹ 2,00,000 – ₹ 2,40,000 – ₹ 24,000 = ₹ 3,36,000

Tax = ₹ 3,36,000 x \(\frac {30}{100}\) = ₹ 1,00,800
Net Profit after Tax= ₹ 3,36,000 – ₹ 1,00,800 = ₹ 2,35,200

III. Read the following information and answer the given questions:
Following information are taken from the books of Agarwal Pvt Ltd.

Particulars2020 (₹)2019 (₹)
Revenue From Operations30,00,00020,00,000
Expenses21,00,00012,00,000
Other Income3,60,0004,00,000
Income Tax50%50%

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 1.

What is the value of absolute change in the Total Revenue?

(A) ₹ 1o,00,000
(B) ₹ 4o,ooo
(C) ₹ 9,60,000
(D) ₹ 9,00,000
Answer:
(C) ₹ 9,60,000

Explanation:
Total Revenue = Revenue from operations + Other Income For 2019 = ₹24,00,000 For 2020 = *33,60,000 Absolute Change = ₹ 24,00,000 – ₹ 33,60,000 =₹ 9,60,000

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 2.

What is the percentage change in the tax paid?

(A) 5%
(B) 6%
(C) 8%
(D) 7%
Answer:
(A) 5%

Explanation:
Net Profit before Tax for 2020 = ₹ 12,60,000
2019 = ₹ 12,00,000
Tax paid for 2020 = ₹ 6,30,000
2019 = ₹ 6,00,000
Percentage Change = \(\frac {₹ 30,000}{6,00,000}\) x 100
= 5%

MCQ Questions for Class 12 Accountancy Chapter 9 Analysis of Financial Statements

Question 3.

The absolute change in the Expenses is:

(A) ₹ 9,00,000
(B) ₹ 60,000
(C) ₹ 10,00,000
(D) ₹ 12,00,000
Answer:
(A) ₹ 9,00,000

Explanation:
= ₹ 21,00,000 – ₹ 12,00,000 = ₹ 9,00,000

Question 4.

What is the percentage change in the profit earned after tax?

(A) 40%
(B) 7%
(C) 10%
(D) 5%
Answer:
(D) 5%

Explanation:
Net Profit after Tax for 2020 = ₹ 6,30,000
2019 = ₹ 6,00,000
Percentage Change = \(\frac {₹ 30,000}{6,00,000}\) x 100
= 5%

MCQ Questions for Class 12 Accountancy with Answers

MCQ Questions for Class 9 Science Chapter 2 Is Matter Around Us with Answers

Check the below NCERT MCQ Questions for Class 9 Science Chapter 2 Is Matter Around Us with Answers Pdf free download. MCQ Questions for Class 9 Science with Answers were prepared based on the latest exam pattern. We have Provided Is Matter Around Us Class 9 Science MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-9-science-chapter-2/

You can refer to NCERT Solutions for Class 9 Science Chapter 2 Is Matter Around Us Pure to revise the concepts in the syllabus effectively and improve your chances of securing high marks in your board exams.

Is Matter Around Us Class 9 MCQs Questions with Answers

Is Matter Around Us Pure MCQ Class 9 Question 1.
Which of the following statements are true for pure substances?
(i) Pure substances contain only one kind of particles
(ii) Pure substances may be compound or mixtures
(iii) Pure substances have the same composition throughout
(iv) Pure substances can be exemplified by all elements other than nickel
(a) (i) and (ii)
(b) (i) and (iii)
(c) (iii) and (iv)
(d) (ii) and (iii)

Answer

Answer: (b) (i) and (iii)


Class 9 Science Chapter 2 MCQ Question 2.
Rusting of an article made up of iron is called
(a) corrosion and it is a physical as well as chemical change
(b) dissolution and it is a physical change
(c) corrosion and it is a chemical change
(d) dissolution and it is a chemical change

Answer

Answer: (c) corrosion and it is a chemical change


Is Matter Around Us Pure Class 9 MCQ Question 3.
A mixture of sulphur and carbon disulphide is
(a) heterogeneous and shows Tyndall effect
(b) homogeneous and shows Tyndall effect
(c) heterogeneous and does not show Tyndall effect
(d) homogeneous and does not show Tyndall effect

Answer

Answer: (d) homogeneous and does not show Tyndall effect


Is Matter Around Us Pure Class 9 MCQ With Answers Question 4.
Tincture of iodine has antiseptic properties. This solution is made by dissolving
(a) iodine in potassium iodide
(b) iodine in vaseline
(c) iodine in water
(d) iodine in alcohol

Answer

Answer: (d) iodine in alcohol


Class 9 Chemistry Chapter 2 MCQ Question 5.
Which of the following are homogeneous in nature?
(i) ice
(ii) wood
(iii) soil
(iv) air
(a) (i) and (iii)
(b) (ii) and (iv)
(c) (i) and (iv)
(d) (iii) and (iv)

Answer

Answer: (c) (i) and (iv)


Ch 2 Science Class 9 MCQ Question 6.
Blood and sea water are
(a) both mixtures
(b) both are compounds
(c) blood is a mixture whereas sea water is a compound
(d) blood is a compound and sea water is a mixture

Answer

Answer: (a) both mixtures


Class 9 Science Ch 2 MCQ Question 7.
Sol and gel are examples of
(a) Solid-solid colloids
(b) Sol is a solid-liquid colloid and gel is liquid solid colloid
(c) Sol is solid-solid colloid and gel is solid-liquid colloid
(d) Sol is a liquid-solid colloid and gel is a solid-liquid colloid

Answer

Answer: (b) Sol is a solid-liquid colloid and gel is liquid solid colloid


Class 9 Is Matter Around Us Pure MCQ Question 8.
In a water-sugar solution
(a) water is solute and sugar is solvent
(b) water is solvent and sugar is solute
(c) water is solute and water is also solvent
(d) none of these

Answer

Answer: (b) water is solvent and sugar is solute


Matter Around Us Pure Class 9 MCQ Question 9.
Boron and carbon are
(a) metalloids
(b) metalloid and non-metal respectively
(c) metal
(d) non-metal and metalloid respectively

Answer

Answer: (b) metalloid and non-metal respectively


Chapter 2 Science Class 9 MCQ Question 10.
Which of the following are physical changes?
(i) Melting of iron metal
(ii) Rusting of iron
(iii) Bending of an iron rod
(iv) Drawing a wire of iron metal
(a) (i), (ii) and (iii)
(b) (i), (ii) and (iv)
(c) (i), (iii) and (iv)
(d) (ii), (iii) and (iv)

Answer

Answer: (c) (i), (iii) and (iv)


Is Matter Around Us Pure MCQ Class 9 Question 11.
Which of the following are chemical changes?
(i) Decaying of wood
(ii) Burning of wood
(iii) Sawing of wood
(iv) Hammering of a nail into a piece of wood
(a) (i) and (ii)
(b) (ii) and (iii)
(c) (iii) and (iv)
(d) (i) and (iv)

Answer

Answer: (a) (i) and (ii)


Class 9 Chapter 2 Science MCQ Question 12.
Two substances, A and B were made to react to reaction a third substance, A2B according to the following
2 A + B → A2B
Which of the following statements concerning this reaction are incorrect?
(i) The product A2B shows the properties of substances A and B
(ii) The product will always have a fixed composition
(iii) The product so formed cannot be classified as a compound
(iv) The product so formed is an element
(a) (i), (ii) and (iii)
(b) (ii), (iii) and (iv)
(c) (i), (iii) and (iv)
(d) (ii), (iii) and (iv)

Answer

Answer: (c) (i), (iii) and (iv)


MCQ Questions For Class 9 Science Chapter 2 Question 13.
Two chemical species X and Y combine together to form a product P which contains both X and Y
X + Y → P
X and Y cannot be broken down into simpler substances by simple chemical reactions. Which of the following concerning the species X, Y and P are correct?
(i) P is a compound
(ii) X and Y are compounds
(iii) X and Y are elements
(iv) P has a fixed composition
(a) (i), (ii) and (iii)
(b) (i), (ii) and (iv)
(c) (ii), (iii) and (iv)
(d) (i), (iii) and (iv)

Answer

Answer: (d) (i), (iii) and (iv)


Science Class 9 Chapter 2 MCQ Question 14.
Which of the following methods would you use to separate cream from milk?
(a) Fractional distillation
(b) Distillation
(c) Centrifugation
(d) Filtration

Answer

Answer: (c) Centrifugation


Class 9 Ch 2 Science MCQ Question 15.
Cooking of food and digestion of food:
(a) are both physical processes
(b) are both chemical processes
(c) cooking is physical whereas digestion is chemical
(d) cooking is chemical whereas digestion is physical

Answer

Answer: (b) are both chemical processes


Question 16.
Mercury and bromine are both
(a) liquid at room temperature
(b) solid at room temperature
(c) gases at room temperature
(d) both (a) and (b)

Answer

Answer: (a) liquid at room temperature


Classify the substances given in figure into elements and compounds.

Class 9 Ch 2 Science MCQ

Answer

Answer:
Elements:
Cu
Zn
O2
Diamond (carbon)
Hg

Compounds:
CaCO3
H2O
Sand
Nacl(aq)
wood


Complete the crossword given below:

MCQ Questions For Class 9 Science Chapter 2
Down:
1. Process of separating two miscible liquids.
2. Technique of separating cream from milk.
3. Method of separating salt from sea water.
Across:
4. Method of purifying solids.
5. Process of changing a solid directly into gaseous state.
6. Technique of separating two or more colours of a dye.
7. A method of separation of insoluble solid from a mixture.

Answer

Answer:
Down:
1. Distillation
2. Centrifugation
3. Evaporation

Across:
4. Crystallisation
5. Sublimation
6. Chromatography
7. Filtration


Fill in the blanks:

1. A colloid is a ………….. mixture and its components can be separated by the technique known as ……………

Answer

Answer: heterogeneous, centrifugation


2. Ice, water and water vapour look different and display different …………. properties but they are ………… the same.

Answer

Answer: physical, chemically


3. A mixture of chloroform and water taken in a separating funnel is mixed and left undisturbed for sometime. The upper layer in the separating funnel will be of ………….. and the lower layer will be that of …………..

Answer

Answer: water, chloroform (hint-density of water is less than that of chloroform)


4. A mixture of two or more miscible liquids, for which the difference in the boiling points is less than 25 K can be separated by the process called ………….

Answer

Answer: fractional distillation


5. When light is passed through water containing a few drops of milk, it shows a bluish tinge. This is due to the …………… of light by milk and the phenomenon is called ………….. This indicates that milk is a …………… solution.

Answer

Answer: scattering, Tyndall effect, colloidal.


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MCQ Questions for Class 11 Political Science Chapter 4 Social Justice with Answers

Check the below NCERT MCQ Questions for Class 11 Political Science Chapter 4 Social Justice with Answers Pdf free download. MCQ Questions for Class 11 Political Science with Answers were prepared based on the latest exam pattern. We have provided Social Justice Class 11 Political Science MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-political-science-chapter-4-part-b/

Social Justice Class 11 MCQs Questions with Answers

Social Justice Class 11 MCQ Chapter 4 Question 1.
The term ‘justice’ is derived from the word ‘Jus’ which is a word from:
(a) Latin language
(b) Greek language
(c) English language
(d) French language

Answer

Answer: (a) Latin language


Social Justice MCQ Chapter 4 Class 11 Question 2.
Identify the stage of equality which rejects formal institutions of inequalities.
(a) Liberal Equality
(b) Natural Liberty
(c) Democratic Equality
(d) Economic Equality

Answer

Answer: (b) Natural Liberty


Social Justice MCQ Class 11 Chapter 4 Question 3.
Justice is essentially a:
(a) Legal concept
(b) Moral concept
(c) Social concept
(d) All of the above

Answer

Answer: (d) All of the above


MCQ On Social Justice Class 11 Chapter 4 Question 4.
Which one of the following is not the fundamental postulate of Justice?
(a) Truth
(b) Equality before the law
(c) Freedom
(d) Property

Answer

Answer: (d) Property


MCQ Of Social Justice Class 11 Chapter 4 Question 5.
Choose the ministry that is entrusted with the welfare, social justice, and empowerment of disadvantaged and marginalized sections of the society in India.
(a) Ministry of welfare
(b) Ministry of social justice and empowerment
(c) Ministry of social defense
(d) Ministry of Education

Answer

Answer: (b) Ministry of social justice and empowerment


Class 11 Social Justice MCQ Chapter 4 Question 6.
The free market is a product of
(a) Socialism
(b) Feminism
(c) Neo-liberalism
(d) Patriarchy

Answer

Answer: (c) Neo-liberalism


Class 11 Political Theory Chapter 4 MCQ Question 7.
The famous quote “In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.” is given by
(a) J.S.Mill
(b) Plato
(c) Aristotle
(d) Confucius

Answer

Answer: (d) Confucius


MCQ Of Chapter 4 Social Justice Class 11 Question 8.
People get the proper justice in:
(a) Dictatorship
(b) Totalitarian state
(c) Monarchy
(d) Democracy

Answer

Answer: (d) Democracy


Justice Class 11 MCQ Chapter 4 Question 9.
The state’s failure to provide individuals with basic necessities of life such as; food and housing is an example of
(a) Political Injustice
(b) Economic Injustice
(c) Social discrimination
(d) Gender inequality

Answer

Answer: (b) Economic Injustice


MCQ On Justice Chapter 4 Class 11 Question 10.
Our political rights and participation are insured only when our
(a) Social needs are being taken care of
(b) Basic needs
(c) Cultural needs
(d) Security needs

Answer

Answer: (b) Basic needs


Question 11.
The essential principles of modern justice is that
(a) Judges should be part of the executive
(b) Judges should be under the control of the Head of the State
(c) There should be independence of the judiciary
(d) Judges should be under the control of the electorate

Answer

Answer: (c) There should be independence of the judiciary


Question 12.
Choose the type of stages of equality advocated by John Rawls.
(a) Two
(b) Three
(c) Four
(d) Five

Answer

Answer: (b) Three


We hope the given NCERT MCQ Questions for Class 11 Political Science Chapter 4 Social Justice with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Political Science Social Justice MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Political Science Chapter 10 The Philosophy of the Constitution with Answers

Check the below NCERT MCQ Questions for Class 11 Political Science Chapter 10 The Philosophy of the Constitution with Answers Pdf free download. MCQ Questions for Class 11 Political Science with Answers were prepared based on the latest exam pattern. We have provided The Philosophy of the Constitution Class 11 Political Science MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-political-science-chapter-10-part-a/

The Philosophy of the Constitution Class 11 MCQs Questions with Answers

The Philosophy Of The Constitution Class 11 MCQ Question 1.
The preamble was for the first time amended by the
(a) 42nd Amendment
(b) 44th Amendment
(c) 52nd Amendment
(d) 61st Amendment

Answer

Answer: (a) 42nd Amendment


Class 11 Political Science Chapter 10 MCQ Question 2.
Democracy is a government of the people, by the people, and for the people. Whose statements is it?
(a) Rousseau
(b) J.S. Mill
(c) T. H. Green
(d) Abraham Lincoln

Answer

Answer: (d) Abraham Lincoln


Philosophy Of Constitution Class 11 MCQ Chapter 10 Question 3.
The procedural achievement reflects in
(a) Freedom to criticize the treatment of widows
(b) Taking decisions in the Constituent Assembly on the basis of reason
(c) Article 370 and 371
(d) Accepting the importance of community in an individual’s life

Answer

Answer: (b) Taking decisions in the Constituent Assembly on the basis of reason


Chapter 10 Political Science Class 11 MCQ Question 4.
Who argued that a state responsive to the needs of individuals must provide them the means by which their needs are communicated?
(a) Bal Gangadhar Tilak
(b) Rajaram Mohan Roy
(c) Bhagat Singh
(d) Jawahar lal

Answer

Answer: (b) Rajaram Mohan Roy


Philosophy Of The Constitution Class 11 MCQs Question 5.
In the Constituent Assembly of India, the Chairman of the Union Constitution Committee was
(a) Rajkumari Amrit Kaur
(b) G.V. Mavalankar
(c) Pt. Jawaharlal Nehru
(d) Dr. John Mathai

Answer

Answer: (c) Pt. Jawaharlal Nehru


Class 11 Political Science Chapter 10 MCQ Question with Answer Question 6.
The Preamble of our Constitution reads: India is a
(a) Socialist, Sovereign, Secular, Democratic Republic
(b) Secular, Socialist, Sovereign, Democratic Republic
(c) Sovereign, Socialist, Secular, Democratic Republic
(d) Secular, Sovereign, Democratic, Socialist. Republic

Answer

Answer: (c) Sovereign, Socialist, Secular, Democratic Republic


Class 11 Political Science Chapter 10 The Philosophy Of The Constitution MCQ Question 7.
Indian federalism has been constitutionally _______
(a) Symmetric
(b) Asymmetric
(c) Wide
(d) None of the above

Answer

Answer: (b) Asymmetric


Chapter 10 Class 11 Political Science MCQ Question 8.
Which one of the following is not an essential feature of a democracy?
(a) Judiciary is responsible to the legislature
(b) Judiciary is independent
(c) The press is free
(d) There is the freedom to express public opinion

Answer

Answer: (a) Judiciary is responsible to the legislature


Ch 10 Political Science Class 11 MCQ Question 9.
Which was the first non-official attempt at drafting a constitution for India?
(a) Constitution of India Bill, 1892
(b) Constitution of India Bill, 1893
(c) Constitution of India Bill, 1894
(d) Constitution of India Bill, 1895

Answer

Answer: (d) Constitution of India Bill, 1895


Philosophy Of The Constitution Class 11 MCQ Question 10.
Which of the following term is correct that means both religion and state must stay away from the internal affairs of one another.
(a) Mutual exclusion
(b) Internal exclusion
(c) Constitutional exclusion
(d) None of the above

Answer

Answer: (a) Mutual exclusion


Political Science Class 11 Chapter 10 MCQ Question 11.
The Japanese Constitution is popularly known as
(a) Complex constitution
(b) Advance constitution
(c) Peace constitution
(d) Concord constitution

Answer

Answer: (c) Peace constitution


Class 11 Political Science Ch 10 MCQ Question 12.
Which one of the following Fundamental Rights has been ensured to the citizens of India?
(a) To get education
(b) To get employment
(c) To buy and sell property
(d) To form associations or unions

Answer

Answer: (d) To form associations or unions


We hope the given NCERT MCQ Questions for Class 11 Political Science Chapter 10 The Philosophy of the Constitution with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Political Science The Philosophy of the Constitution MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.