Tag: commercial applications

Questions Related to commercial applications

Sales to Meena Rs. 143 was debited as 413 _________________.

  1. is an error of omission

  2. will not affect the trial balance

  3. will not affect the profit

  4. None of these


Correct Option: D

The secretary of a company is generally appointed by ________________.

  1. Registrar of companies

  2. Central government

  3. Shareholders in AGM

  4. None of the above


Correct Option: D
Explanation:

 A company Secretary is appointed by the resolution of the board. A company secretary is entitled to become the director of the company with the prior permission of the board.

The liability of auditor can be ____________.

  1. Only civil

  2. Only criminal

  3. Either civil or criminal

  4. Civil and/or criminal


Correct Option: D

________ is concerned with the recording process of accounting.

  1. Ledger

  2. Preparation of profit and loss a/c

  3. Journalising

  4. Balancing and ledger


Correct Option: C
Explanation:

The number and kinds of books of accounts kept by any business depends upon its particular need. But there are two major books which must invariably be maintained by every business i.e. journal and ledger. Every transaction is first recorded in the journal which is considered as subsidiary books of account. Journal merely helps the posting of entries in to ledger, that's why it is called as subsidiary books of account.

The commonest source of bioenergy is

  1. Gobar gas

  2. Charcoal

  3. Fuel wood

  4. Wood gas


Correct Option: C

Energy plantation is

  1. Growing starch/ sugar rich plants

  2. Growing latex rich plants

  3. Growing fuel wood trees

  4. Growing fruit plants


Correct Option: C
Explanation:
Energy plantation is growing species of trees and shrubs which can be harvested in a short period of time and can be used for fuel. Plant material can be used as solid fuel by burning wood or they can be converted into other forms like methane by biological activities like decomposition. Also, fuel wood is renewable source of energy and doesn't release harmful pollutants in the atmosphere.
So, the correct answer is 'Growing fuel wood trees'.

Gasohol contains

  1. $50-60\%$ alcohol

  2. $10-15\%$ alcohol

  3. $30-40\%$ alcohol

  4. $80-90\%$ alcohol


Correct Option: B
Explanation:
Gasohol is a mixture of gasoline and alcohol (generally the composition of mixture is 9:1 for gasoline and alcohol i.e. 90% gasoline and 10% alcohol. It is used as fuel in engines. In many countries, gasohol is used as an alternative fuel in engines. The advantage of using gasohol is that there is less emission of pollutants because gasohol burns slowly and completely. However, alcohol based gasohol is expensive so it is not commonly used.
So, the correct answer is '10- 15% alcohol'.

Which one is not a petrocrop?

  1. Euphorbia lathyrus

  2. Calotrophis Procera

  3. Jatropha

  4. Hardwickia binata


Correct Option: D
Explanation:
Petro-crops are plants that produce latex, containing long chain hydrocarbons, which can be converted into biofuels and used as alternatives in place of petrol or other engine fuels. Euphorbia lathyrus and Calotrophis procera produce latex which is converted into biofuel that has similar composition of hydrocarbons like that of crude oil or other fuels. Jatropha seeds produce oil which is converted into biodiesel and used as an alternative for engine fuels. 
Hardwickia binata, commonly known as anjan, is a deciduous ornamental tree.
So, the correct answer is 'Hardwickia binata'.

Petroleum yielding plants belong to

  1. Euphorbiaceae

  2. Apocynaceae

  3. Asclepiadaceae

  4. All of the above


Correct Option: D

Fuel wood required per person per day is

  1. $0.36$kg

  2. $30$kg

  3. $10$kg

  4. $1$kg


Correct Option: A