FPSC - Valuation Officer batch I

1 Bones in human body? 206

2 27 dec 2007 is the assassinated date of ? Banzir bhutto
3 indian PM? Narindar modi
4 morocco capital? Rabat
5 Russia attack in afghanistan? dec 1979
6 Russia went back from afghanistan, genava ? Feb 1989
7 Charge storage ? capacitor
8 electron has ? -ve charge
9 water has ratio of hydrogen & oxygen? 2:1
10 Last governor general of pak? Ghulam Muhammad
11 last viceroy? lord mountbatten
12 Guardian of Holy Prophet(S.A.W.) ? Hazrat Abdulmutlib
13 Null set ? Empty
14 Linear motion? straight
15 Suez canal ? Egypt
16 Diamond? Carbon
17 Conductor? copper
18 in a:b::c:d , b & c are? mean
19 0.01 is equal to? 1/100
20 if 1=1, 2=3 ,3=5 ,4=7,_______? 5=11 or 5=9
21 study medicine in medical? pharma
22 plant get food? photosynthesis
23 animals need to ? reproduction
24 freezng point of water? 0 degree
25 Gawadr port ? Pak & central asia
26 gomal pass? Pak & Afghanistan
27 ECO countries? Pak Iran turkey
28 2nd islamic cnfrnce? lahore
29 Babre masjid shaheed? 1992
30 bangladesh came into being? 1970
31 WW II? 1939-1945
32 Zia ul haq death? August 17, 1988
33 who is responsible for oil exploration in Pakistan? OGDCL
34 Now or never? ch rehmat ali
35 Water agremnt b/w Pak & India? Indus water treaty
36 smallest particle of matter? atom
37 Quaid 14 points? 1929
38 used in thermometer? mercury
39 Genes r presnt in? chromosomes
40 Suffa Madrassa ? in masjid e Nabvi
41 Saifullah was the title of? hazrat khalid bin waleed R.A.
42 Banu Hashim stayed at which place during social boycott? Shib Abi Talib
43 Number of idols in kaaba? 360
44 first martial law in pakistan?1958
45 most poisonous gas? co
46 normal body temperature C? 37
47 all india muslim league birth city? dhakka
48 iran revolution? 1979
British PM? Kamron
49 mangla dam province? Azad khasmir
50 Afghan PM? Ashraf Ghani
51 Pak Afghan border? Durand line
52 first Ameer e Hajj was ? Hazrat Abu Bakr R.A.
53 diameter divids circl in ? 2 parts
54 distance from the center of a circle to any point on the circle? radius
55 circumference circl ? 360
56 Gowanda port is in which sea?
57 Holy Quraan was firstly translated in persian by?
VALUATION OFFICER MCQS Paper BATCH-3 Held as on 15-09-2015

1) Muslim League was formed in? 1906

2 ) Tarbela dam is built on which river? Indus River.
3) Abdul Salam was awarded Noble Prize in ? 1979
4) On 30 September 1947, Pakistan joined? UNO.
5) Height of K-2? 8611 m
6) Quaid e Azam took oath as G-G of Pakistan on? 15 August 1947
7) Kashmir Solidarity day is observed? 5 Feb.
8) UN was formed? 24 Oct 1945.
9) Pakistan Resolution was passed in?Lahore
10) Last Viceroy of Subcontinent? Lord Mountbatten
11)When Objective Resolution was passed in Constituent Assembly ?March 1949
12) Who passed O.B in constituent Assembly? Liaquat Ali Khan (I Think.Not Sure)
13) Present Constitution of Pakistan was enforced ? 14 August 1973.
14) National Anthem is composed by? Hafeez Jallandari.
15) First PM of Pakistan? L.A.Khan

ISLAMIAT

16) Who compiled Quran first? Hazrat Usman (R.A)

17) Quran means? To read (It actually means the one which is read).
18 ) Rasool means? Messenger
19) Zakat means? To purify.
20) Hadith is called? Sayings,Actions of Muhammad P.B U.H.
21) Sunnat means?
22) Tauheed means?
23) Smallest Sarah of Holy Quran? Surah e Kosr
24) Largest surah of Quran? Al Baqarah.
25) Total Surahs of Holy Quran? 114
26) Total Ayats of Holy Quran? 6666
27) Saif Ullah is title of? Hazrat Khalid bin Waleed
28)Islam means? To surrender in.
29) Treaty of Hudaibya was between Muslims and-------? Unbelievers of Makkah.
30)Who conquered last fort of Khyber? Hazrat Ali (R.A)
31)Who started Islamic Calender?
32) Nemaz e Istasqa is ? Pray for rain
33? No Azan is given in which of these ? Janaza & Eid
34? Imam Abu Hanifa was a ? Jurist
35)

EVERYDAY SCIENCE
36) Question on working principle of pressure cooker?
37) Why rainbow is seen after rain? due to water drops suspended in the air.
38) Burning of wood emits which gas? Carbon Monoxide
39) One horse power is ? 746 watts
40) Boiling point of water ?
Options. a) 100 Celsius b) Depends on atmospheric pressure. c) Doesn't depends on A.P. d)
None of these.
41) Source of Vitamin A? Carrots.
42? Washing Soda is? Sodium Carbonate
43? Question on Thunder.Why lightning occurs before the sound of thunder?
44) Metal used in filament of bulb? Tungsten
45) Increase in temperature causes respiration?
Options:a) Increase b) decrease c) Slowly decrease d) Rapidly increase
46) Einstein was given noble prize in? Physics
47) Normal pulse? 72
48) Tarbela dam is built on which river? Indus River.
49) Abdul Salam was awarded Noble Prize in ? 1979
50) First PM of Pakistan? L.A.Khan
51) state bank of pak formed= 1st july 1948.
52) first consititution = 23 march 1956.

MATHEMATICS
1) If area of a circle is 16 phi. What is it's diameter? 32
2) Three decimal number were given.It was asked to add them. Like 0.67+4.3+2.0
3) Four numbers were given and it was asked which is the largest.
Like A) 1100 B) 2% C)0.8 D) 0.28
4)A number that is divisible by 34 & 36, Is also divisible by
A) 20 B) 16 C) 30 D)32
5) 0.2 % in decimal form is
A) 2 B) 0.02 C) 0.002 D) 0.2
6) Ratio of two numbers .
7) In 2 hours which fraction represents 15 minutes.
A) 18 B) 34 C) 512 D
Ans=1\8 or 18
8) 10.2% is
9) If 8 workers build a house in 16 days. Then how many men will be required to build it in 14
days?
This was a question of direct proportion
10) If Ali gets 81,82, 88,76,83 marks in each test. What should be his marks in next test so
that the average is 82.
11)If the area of a rectangle is 480.What is it's perimeter.
12) The average of 11a+9,2a+6,7a+8,-4a+1,5a+3 is
13) After a discount of 10% .The price of a shirt becomes 2240 . What is the original price?
14) if 12a -3=6a+2.The value of a is?
1-Area of rectangle is 48 what is diameter ? 32
2- what fraction 2 hours of 15 minutes.
3-a number is divided by 24 and 32. Which is third no also divided by that? = 48
4- 0.625 , 4.2 and 2 what is total ?
5- which is greater ? a) 0.28 b) 30% c) = 30%
6- 12 man do work in 20 days how many man do tha work in 36 days.
7- wha is ratio of 12 foot and 8 inch.= 18

FPSC Appraising/Valuation Officer Paper 2015 Batch II

1) Father of Hazrat Ayesha(R.A). Hazrat Abu Bakr siddique(R.A)

2) obtuse angle. Greater than 90.
3) Geneva Accord. April 16,1988
4) 1=5;2=4;3=6;4=5 then 5=7
5)cube root of 3..27
6)ghazwa ohd.. 3 hijri
7)Muslim league founded. 1906
8) Allama Iqbal khutba in 1930@ Ilabad.
9)Last governor general of united India. Canning
10) last governor general of Pakistan Sikandar Mirza
11) pak-afghan border. Durand line
12) khunjrab pass connects Pakistan & china.
13) last railway station of KPK.. Landi kotal
14) Turner in . balochistan
15) zun no rain. Hazrat Usman (R.A)
16) Iran inqilaab 1979
17) ECO founder member Iran, pak,turkey
18)2nd world war1939-45
19) Optic illusion. Mirage
20) first martial law.7 Oct 1958
21) Fatima Jinnah contested. Ayub Khan
22) mother of Hazrat Muhammad (PBUH) Hazrat Amna (R.A)
23) parallelogram opposite angles. Equal
24) radius is distance from circumference point to centre.
25) sum of all angles of triangle180
26)sum of all angles of circle 360
27) Zia ul Huq 17 aug 1988
28) Russia invaded Afghanistan. Dec 1979
29) Maracco capital Rabat
30) KSA king. King suleiman
28 KSA king. King suleiman
29 Russia invaded Afghanistan. Dec 1979
30 Maracco capital Rabat
31 Zia ul Huq 17 aug 1988
32 sum of all angles of triangle180
33 radius is distance from circumference point to.
34 parallelogram opposite angles. Equal
35 Optic illusion. Mirageweak eye side
36 2nd world war1939-45
37 ECO founder member Iran, pak,turkey
38 Iran inqilaab 1979
39 last railway station of KPK.. Landi kotal
40 Allama Iqbal khutba in 1930 Allabad.
41 cube root of 3..27
42 1=5;2=4;3=6;4=5 then 5=7
43 Geneva Accord. April 16,1988
44 obtuse angle. Greater than 90.
45 Two parallel lines..never meet
46 Empty set is calledNull set
47 Hereditary Traits are something like this.. DNA
48 Neuron is unit of. nervous system
49 Nervous system desease Epilepsy
50 cardiac diseases relate to ..Heart
51 skeleton function tosupport the body..
52 circuit saver Fuse
53 Bangladesh Dec 16,1971
54 speed of car when stops. Zero
55 mangla dam. Punjab
56 sound of thunder. Aftr light
57 how many angles in a circle4??
58 100cm=1km what is the ratio 1:1000
59 hexagon has six sides
60 the angle between X and YX is..180
61 0.5 is equal to 1/2
62 0.25 is 25%
63 0.1 is equal to 1/10

1. Wool gathering
meaning- indulgence in aimless thoughts and dreamy imagination; absent minded.
usage: Mother advised to her son to not wool gather and be serious
2. Under the harrow
meaning: in difficult situation; distress
usage:After giving divorce to her wife he is under the harrow now.
3. Cold comfort
meaning: little comfort or encouragement.
usage: After getting job Aslam is in cold comfort.
4. A gold digger
meaning: a relationship mad by women with a man to seek his money or gift.
usage: The new secretary seem to be gold digger.
5. Walk with God
meaning: to live in accordance with the commandments of God.
usage: He is very pious person because he walk with god.
6. On the thin ice
meaning: in a risky and dangerous situation.
usage: Aslam made many mistakes in the Essay paper and now his is on the thin ice
7. A queer fish
meaning: a person of old habits
usage: Aslam father in law is a queer fish
8. Unearthly hour
meaning: at a very earlier time of morning
usage: it is midnight what brought you to come here.
9.Grateful:
Meaning: showing or expressing thanks, especially to another person
Use in sentence: I'm so grateful (to you) for all that you've done.

10.Gratified:
Meaning: to please someone, or to satisfy a wish or need
Use in sentence: We were gratified by the response to our appeal.

11.Imaginary:
Meaning: describes something that is created by and exists only in the mind; that is not real
Use in sentence: As a child I had an imaginary friend called Polly.

12.Imaginative:
Meaning: of, relating to, or characterized by imagination
Use in sentence: The architects have made imaginative use of glass and transparent plastic.

13.Negligent:
Meaning: not being careful or giving enough attention to people or things that are your responsibility
Use in sentence: The judge said that the teacher had been negligent in allowing the children to swim in
dangerous water.

14.Negligible:
Meaning: too slight or small in amount to be of importance
Use in sentence: The difference between the two products is negligible.

15.Placable:
Meaning: to stop from being angry
Use in sentence: The Canaanites had many gods and they ran here, there and everywhere to placate these
gods.

16.Placeable:
Meaning: capable of being recognized
Use in sentence: An easy thing you could do is making clocks placeable on walls.

17.Restive:
Meaning: unwilling to be controlled or be patient
Use in sentence: The audience was becoming restive as they waited for the performance to begin.

18.Restless:
Meaning: unwilling or unable to stay still or to be quiet and calm, because you are worried or bored
Use in sentence: He's a restless type - he never stays in one country for long.

21-which country is peninsula?saudi arabia

22- pakistan situates on which line?

1- equator 2- cancer 3- inecapricorn 4- none

correet answer is option 4
23- macmohan line is situated b/w ?india and china
24- who is david patrias?american general in afghanistan
25- 1 meter is equal to ?3.28 foot
26- caspian sea makes his boundries with
Iran, Russia, Kazakhstan and Turkmenistan, Azerbaijan.
27- largest agency among area in pakistan?south wazirastan

28- old name of iraq?mesopotimia

29-blood is red due to ?haemoglobin

30-marian trence situated near?philpines

31- headquarter of ghandhara civilization is?texila

32- head quarter of saarc is situated at?khatmandu
33- maximum wool produceing country is?australia
34- official religion of japan is ?shintoism
35- which element use for producing nuclear fuel?urinium
36- who many rakkhu in 30 paraa of quran 39
37-which is less conducter
1- iron, 2-copper 3- silver 4- wood
my answer was wood but not satisfied
38-nigara fall lies b/w u.s.a and canida
39- which is smallest country of world among area
1- maldeeve 2- malta 3- san marino 4- bahreen
corect answer is option 3 san marino
40-holy prophet pbuh appoited governer of yeman for collection zakat?
hazrat muaz bin jabal
41- who many times zakat mention in quran?32 times

42-which sura gives details among zakat receiver?sura tuba

43-where ist wahii nazall hoe?ghari hira

44- when zakat declered must 2 hijra

45-light of sun reach in earth 8.5 mint( while other options was 3mint 4mint 6.5 mint)

46- headquarter of ILO situated in ? geneva

47- muslim league name was purposed by? nawab saleem ullah khan of dahaka
48- juandice is disturb of which part of body liver
49- quaid azam leave congress due to non- coperative moment by gandhi
50-in hapatiets which organ disturb liver
51- nisab in the amount of gold
87.48 gram( but in paper there was not dot present b/w 87 and48)
52- nisab in silver is? 612.32 gram
53-produce which is equal to nisab? 948kg wheat or equal
54-if a person having millat1800kg whose prize is half among wheat who many rupees he pay zakat
zero
55-who was Father of the French Revolution? Jean-Jacques Rousseau -
56-statue of freedom in newyark is given by? france
57- wall street is a famous? stock market in newyork
58- sunlight consist of colours a-1 b- 3 c-7( not confarm waiting for reply)
59-theory of relativety is presented by? einstien
60- cash crop is? which not cultivated for own use
61-artificial cultivated area give amount ushr equal to 1/20
62- if a person obtained something from underground the amount of zakat applicable? 1/5

63-zakat among goat aplicable on? 40 goats

64- amount of zakat among gold silver and similar things 2.5 %
65- a government company obtained 1 billion net profit tell who much rupees its gives as a zakat
zero
66-zakat ordinance promulgated on? 20 june 1980
67-according to section17 tauluqa committe is equal to? tehsil commiitte
68- dasman palace is residence of? ameer kwait
69-procelain tower is present in?china
70- which muslim organization founded in 1962? Rabita al-Alam al-Islami
71- crtography is the study of? secret writting
72-founder of souct momemt? Robert Baden-Powell
73- elysee palace is the residence of? french president
74- second largest population in afghanistan? tajik
75-worldwide spread disease is called? epidemic
76- zakat year start on? according to hijra clender
77- zakat year end ? 30 shaban
78- governer appointe chief administer with the consult with? federal government
79- administerator general appointed by? president
80- The magnitude of earthquake is measured with?? Richter Scale
81- Who forwarded the Lahore(Pakistan) Resolution? A.K fazlul haq
82- East India Company came to India in the reign of:

A)Shah Jahan B) Jahangir C) Aurangzeb D) Babar

83- The largest Muslim country according to area is? kazakistan
84- Zakat can be spent on:

A)Travelers B) Slaves C) Masakin D)All of these

85- Zakat is exempted on:
A)Sheep grazing fed free in pastures B) Fruits C) Vegetables D) All of them
86- Who was known as the Man of Destiny? nepolin bona part
87- Adam's Peak is in? sri lanka
88- According to the Zakat Ordinance Zakat arrears are collected by? tehsildar
89- Red Cross/Crescent HQ is in? geneva
90-Brain Drain? transfer of Skilled labors
91--light year complete direction in? 1 year
92--musician of antham is? Ahmed gulami chagla
93- first ushr receive ? 1982-83 rabi crop
94-DZ committe disolved if? member remain not pious
95- if a person failed to pay zakat what act can do? send a notice
96- lake of vitamin c create which disease? skin desease
97-which vitamin help blood clotting? K
98- founder of muslim rule in india? qutubuddin abek
99- razia sultana belong to? slave dynasty
100- second battle of panipat fought b/w?

The First Battle of Panipat (1526), between the Mughal Babur and the Delhi Sultan Ibrahim Lodi, resulting
in a Mughal victory

The Second Battle of Panipat (1556), between the Mughal Akbar and Hemu - the Hindu ruler of north India
from Delhi, resulting in a Mughal victory

The Third Battle of Panipat (1761), between the Durrani Empire of Afghanistan and the Maratha Empire,
resulting in a Durrani victory

FPSC Appraising/ Valuation Officer Paper 15-09-2015 First Batch

1. Zakat means? Purification
2. Islam Means? Surrender to Allah/Sumbission before Allah
3. Toheed Means? Oneness of Allah
4. Sunnah? Manner of Doing things
5. Hadith ? Sayings of Prophet (PBUH)
6. Imam Hanifh was a ? Jurisit
7. Who conquered last fort of Khyber ? Hazrat Ali
8. Sulah e adeybia was done with whom ? Quresh and Jews
9. Islamic calender kis ne jari kia ? Hazrat Umer R.A
10. Completion of Quran by: Hazrat Usman R.A
11. Quran means: To read
12. Shortest Surah? Kosar
13. Surah without Bismillah? Al Toba
14. Muslim league ? 1906
15. Lahore Resolution passed in ? Lahore
16. Objective Resolution presented by? Liaqat Ali Khan
17. First PM of Pakistan? Laiqat Ali Khan
18. First Constitution ? 23 mARCH 1956
19. Current Constitution of Pakistan? 14 AUG 1973
 20. UNO established in ? 1945
21. Pakistan Joined UNO in : September 1947
22. State bank of Pakistan ? 1st July 1948
23. UNO ne kshmir mein kb plebiscite ka okm diya? 1948
24. Source of Vitamin A: Carrot
25. Hard water due to: magnesium AND Sodium
26. By which process we can use sea water ? Distillation
27. Rainbow due ? Drops of water in air reflect
28. Why the light of thunder shown before thunder voice ? Because light travel faster than sound
29. Wood burning emit? Carbon di oxide.
30. Increase in temperature effect on respiratory system: increase
31.Formula of water soda. Sodium Chloride
32. Why pressure cooker cook in less time. The boiling point of water increase
33. Unit of current. Ampere
34. Einstien is given award on : physics
35. Nobel prize Abdul Islma was awarded in. 1979
36. Nimaz istasqa offered for rain.
37. Ayat in Quran 6666.
38. Surah in Quran 114.
39. Longest surah al baqra.
40. Saifullah is the title of: Khalid bin Waleed (R.A)
41.Iif value is 2240 and it is 20% then 100% is (2800)
42. If 82,87, 77, 83 and 73 I think and need average of 84 what should be last test result? 85
43. If a person uses 10% of amount and after 60% of use of reminder amount it is 72, What is the
total amount? 200
44. Last Governor General: Mountbaeten
45. Quaid e Azam took oath of Governor General: 15 August 1947
46. Tarbela Dam is constructed on: Indus river
47. Why wo feel cool under fan in summers? Evaporation of sweat
48. Boiling pint of water: Depends on atmospheric pressure
49. Evaporation effect: Because of low temperature
50. Human pulse rate: 72
51. Gas used as fuel: Methane
52. Gas used against fire: Oxygen
53. Element used in bulb: Tungsten
54. Rasool means: Messenger
55. Namaz without Azaan: Eid and Janaza
56. 0.2% equal to: 0.002
57. 1/0.10 of 5000? 50000
58. Area of circle is 16 , What will be the diameter? 32
59. If 12 men do a piece of work in 24 days how many workers do this work in 36 days? 8
60. Pakistan National anthem written by: Hafeez Jalahndir
61. We purchased the flowers and put _________ on the table? Them
62.Three decimal number were given.It was asked to add them. Like 0.67+4.3+2.0
63. Four numbers were given and it was asked which is the largest.
A) .23 B) .25 C).30 D) .08
64. A number that is divisible by 34 & 36, Is also divisible by
A) 20 B) 16 C) 30 D)48
65. In 2 hours which fraction represents 15 minutes. 1/8
66. If the area of a rectangle is 48.What is it's perimeter. 16
67. The average of 11a+9,2a+6,7a+8,-4a+1,5a+3 is
 68. if 12a -3=6a+2.The value of a is?
Everyday Science Paper 2011

Objective Part of 2011

1. The planet of the solar system which has maximum numbers of Moon is:

a) Jupiter
b) Venus
c) Saturn
d) Uranus
e) None of these

2. Sun is a:

a) Planet
b) Comet
c) Satellite
d) Aurora
e) None of these

3. the age of the solar system is

a) 4.5 billion years

b) 5.5 billion years
c) 6.5 billion years
d) 7.5 billion years
e) None of these

4. A unit of length equal to the average distance between the earth and sun is called

a) Light year
b) Astronomical unit
c) Parsec
d) Parallax
e) None of these

5. An eclipse of the sun occurs when

a) The moon is between the sun and the earth

b) The sun is between the earth and the moon
c) The earth is between the sun and the moon
d) The earth casts its shadow on the moon
e) None of these

6. The ozone layer protects the earth from rays sent by the sun:

a) Ultraviolet rays
b) Infrared rays
c) Gamma rays
d) radioactive rays
e) None of these

7. The ozone layer is present about 30miles (50km) in atmosphere above earth. The stratum (layer) of
atmosphere in which ozone layer lies is called as:

a) Exosphere
b) Mesosphere
c) Stratosphere
d) ionosphere
e) Troposphere

8. Which rocks are formed by the alteration of pre-existing rocks by great heat or pressure

a) Igneous rocks
b) Sedimentary rocks
c) Metamorphic rocks
d) Acid rocks
e) Basic rocks

9. The most abundant natural Iron oxides are

a) Magnetite and Pyrite

b) Magnetite and Bauxite
c) Hematite and Pyrite
d) Hematite and Magnetite
e) Hematite and Bauxite

10.The most abundant elements in sea water are

a) Sodium and Potassium

b) Sodium and Calcium
c) Sodium and Chlorine
d) Chlorine and Iodine
e) Magnesium and Sulphur

11. An electric current can produce

a) Chemical effect
b) Magnetic effect
c) Heating effect
d) All of these three
e) None of these

12. The unit of home electricity energy consumption is:

a) Watt hour
b) Kilowatt hour
c) Joule hour
d) Kilojoule hour
e) None of these

13. The magnet always points in the same direction, if move freely i.e. towards north and south poles, because
of:

a) Gravitational field
b) A lot of metals deposits on north and south poles
c) Due to attraction of north pole and repulsion of Western pole
d) Earth is a huge magnet
e) None of these

14. When sound is reflected from floor, ceiling or a wall , it mixes with the original sound and change its
complexion, it is called as

a) Sound
b) Echo
c) Reverberation
d) noise
e) None of these

15. the speed of sound in dry air at 20 C is about

a) 130 meters per second

b) 230 meters per second
c) 330 meters per second
d) 430 meters per second
e) None of these

16.The of light in vacuum is about

a) 300 Million meters per second

b) 300 Million meters per hour
c) 300 Million kilometers per second
d) 300 Million kilometers per hour
e) None of these

17. The time light takes from Sun to reach Earth is:

a) 8 minutes
b) 25 minutes
c) 45 minutes
d) 60 minutes
e) None of these

18. Light from Sun travels a distance before it reaches Earth:

a) 50 Million Km
b) 100 Million Km
c) 150 Million Km
d) 200 Million Km
e) None of these

19. the most suitable thermometer for measuring the boiling point of water is:

a) Mercury thermometer
b) Alcohol thermometer
c) Bimetallic thermometer
d) Liquid crystal thermometer
e) None of these

20. The density of water is greatest at:

a) 32C
b) 0C
c) 4C
d) 100C
e) None of these

21.Which one of the following statements is true:

a) Gases do not conduct heat

b) The best conductors are non-metals
c) Conduction currents occur only in liquids
d) A vacuum can not conduct heat
e) None of the statements is true.

22. Ice can be changed to water by:

a) Adding more water molecules

b) Changing the motion of the water molecules
c) Rearranging the atoms in water molecules
d) Destroying the atoms in water molecules
e) None of these

23. The building blocks of elements are called:

a) Atoms
b) Molecules
c) Compounds
d) Isotopes
e) None of these

24. Boiling of an egg is a change which is:

a) Physical
b) Chemical
c) Physiological
d) Morphological
e) None of these

25. The temperature of liquid nitrogen is:

a) -32C
b) -80C
c) -100C
d) -196C
e) None of these

26. Which one of the following is an alkali?

a) water
b) vinegar
c) lemon juice
d) slaked lime
e) None of these

27. If an alkali is slowly added to an acidic solution, the pH of the acidic solution will:

a) Increase
b) Decrease
c) Increase to 7 and then decrease
d) Decrease to 7 and then increase
e) Will remain same

28. The usual raw material for ceramics, generally found beneath the top soil is?

a) Sand
b) Slit
c) Clay
d) Plaster of Paris
e) Melamine

29. Polyamides are synthetic polymers commonly known as:

a) Synthetic rubber
b) Nylon
c) Cellulose
d) Protein
e) None of these.

30. Telephone was invented in 1876 in America by:

a) Marconi
b) Galileo
c) John Beard
d) Edison
e) Graham Bell.

31. Information can be sent over long distances in the form of:

a) Electrical signals through wires

b) Light signals through optical fibres
c) Radio waves through air
d) Any combination of these three.
e) None of these

32. Information can be stored in:

a) Audio and video cassettes

b) Floppy and compact discs
c) Hard disks
d) Laser and optical disks
e) All of these four

33.Computers can:

a) Add and subtract information only.

b) Add subtract and sort information only.
c) Add subtract sort and classify information.
d) Add and subtract but cannot sort information.
e) Add subtract and sort but cannot classify information.

34.IBM stands for:

a) International Business Machines

b) International Big Machines
c) Interrelated Business Machines
d) Interrelated Big Machines
e) None of these.

35. Chemicals used to kill weeds are called as:

a) Insecticides
b) Fungicides
c) Herbicides
d) Fumigants
e) None of these.

36. The cytoplasm consists of several types of structures, which are called:

a) Protoplasm
b) Nucleus
c) Cytochromes
d) Organelles
e) None of these.

37. The structure of DNA was elaborated by Watson and Crick in:

a) 1909
b) 1923
c) 1945
d) 1953
e) None of these.

38. In a DNA molecules, the rulefor base pairing is:

a) Adenine always bound with thymine and cytosine with guanine

b) Adenine always bound with cytosine and thymine with guanine
c) Adenine always bound with guanine and cytosine with thymine
d) Adenine always bound with uracil and cytosine with guanine
e) None of these.

39. Man belongs to the family:

a) Felidae
b) Hominidae
c) Mammalia
d) Primataceae
e) None of these.

40. Deficiency of vitamin C in human body causes a deficiency disease called:

a) Beriberi
b) Night blindness
c) Rickets
d) Scurvy
e) None of these.

41. To measure the specific gravity of milk, the instrument used is:

a) Hygrometer
b) Barometer
c) Lactometer
d) Hydrometer
e) None of these.

42. one of the fundamental characteristics of living organisms is:

a) Photosynthesis
b) Digestion
c) Excretion
d) Metabolism
e) None of these.

43. Plants growing on other plants are called as:

a) Saprophytes
b) Parasites
c) Epiphytes
d) Pathogens
e) None of these.

44. As per eating habit, squirrels are:

a) Frugivorous
b) Herbivorous
c) Carnivorous
d) Omnivorous
e) Insectivorous.

45. Water loss from leaves through stomata is called as:

a) Evaporation
b) Transpiration
c) Evapo-Transpiration
d) Respiration
e) None of these.

46. the study of how plants and animals interact with one another and with the non-living environment is called
as:

a) Ecosystem
b) Sociology
c) Ecology
d) Habitat
e) None of these.

47. The number of bines in human body is:

a) 200
b) 202
c) 204
d) 206
e) None of these.

48. Nervous system in human consists of:

a) Brain and spinal cord.

b) Brain and nerves.
c) Spinal cord and nerves.
d) Brain, spinal cord and nerves.
e) None of these.

49. In human eye, the light sensitive layer made of specializes nerve cells, rods and cones is called as:

a) The pupil
b) The cornea
c) The sclera
d) The iris
e) The retina.

50. Erythrocytes are also called as:

a) Red blood cells

b) White blood cells
c) Platelets
d) Plasma
e) None of these

PART II

Q2: Write a short note on the following Muslim scientists by giving their exact life span and contribution to the
field of science:-
a) Jabar-bin-Hayan b) Bu Ali Sina

Q3: Differentiate between any Five of the following pairs:-

a) Typhoons and Tornadoes (b) Microscope and Telescope (c) Ultrasonics and Infrasonics (d) Hard water and
Heavy water (e) Isotopes and Isomers (f) Antibodies and Antibiotic (g) Antigens and Vaccine
Q4: (a) What is galaxy? The Earth belongs to which galaxy?
(b) Briefly describe what is big bang theory.
(c) Do you think that Pluto is still ninth planet of our solar system? If yes, how and if not why?

Q5: (a) Basically how many forms of energy are there? Also name these.
(b) Enlist different types of energy.
(c) What is renewable energy source? Quote three examples of renewable energy sources.

Q6: Is plastic a natural or an artificial polymer? Describe various types of plastics and their uses.

Q7: (a) What do the following abbreviations stand for?

i) LAN ii) HTTP iii) HTML iv) PDF v) URL
(b) Differentiate between natural and artificial Satellite. For what purpose artificial satellites are used?

Q8: (a) What is the main function of:

i) Ribosome ii) Mitochondria iii) Lysosomes iv) Chloroplasts
v) Golgi
apparatus .
(b) Give habitats of following animals:
i) Rattle Snake ii) Ostrich iii) Platypus iv) Rhinoceros v) Chimpanzee.

Q9 Write note on the following:-

a) Nucleic acids b) Fertilizers c) Semiconductors d) Microwave oven e)Internet
 Federal Public Service Commission FPSC Inspector Inland
Revenue Sample Paper Mcqs Notes
1. The accounting process does not include:
2. a: interpreting d. observing b. reporting e.
classifying
3. purchasing
4. The financial statement or statements that pertain to a stated
period of time is (are) the:
5. balance sheet b. balance sheet and journals
6. balance sheet and income statement d. income statement
7. none of the above
8. External users of financial accounting information include:
9. lenders d. labor unions b. prospective owners e. all of
the above
10. customers
11. Expenses can be found in the:
12. statement of owners equity d. both b and c b. income
statement e. all of the above
c. balance sheet
13. This account does not appear on the income statement:
14. accumulated depreciation d. marketing expense b.
depreciation expense
15. interest expense c. sales revenue
16. A brand new company has a building costing $10,000,
machinery costing $5,000, cash of
$700, and a bank loan of $7,850. What is the owners equity?

1. $8,850 d. cannot be determined b. $15,700 e.

$7,850 c. $7,750
2. An example of an economic exchange includes:
3. a business owner purchases inventory on credit b. a dry
cleaning business cleans 3 dresses for a customer c. an
insurance agent sells a whole life policy
4. a contractor purchases a new truck for cash e. all of the above
5. If a company has owners equity of $100,000,
6. assets minus liabilities equal $100,000
7. total assets must equal $100,000
8. net income for the past year was $100,000
9. a total of $100,000 was invested by the owner
10. none of the above
11. Providing services on account for $40,000 would:
12. increase cash $40,000, decrease accounts
receivable $40,000
13. decrease accounts receivable $40,000, decrease owners
equity $40,000
14. increase accounts receivable $40,000, increase owners
equity $40,000
15. increase accounts receivable $40,000, decrease owners
equity $40,000
16. none of the above
17. New Font Software provided services for customers of
$7,000.
 Auditing and Accounting Mcqs Test

(1) Books of original entry are called:

(a) Ledger
(b) Work sheets
(c) Journal
(d) None of these

(2) For preparing balance sheets prepaid expenses are shown as part of:
(a) Liability
(b) Equities
(c) Assets
(d) None of these
(3) Unpaid and unrecorded expenses are called:
(a) Prepaid expenses
(b) Accrued expenses
(c) Additional expenses
(d) None of these
(4) Amount, cash, or other assets removed from business by owner is:
(a) Capital
(b) Drawings
(c) Assets
(d) None of these
(5) Under the diminishing balance method, depreciation amount is:
(a) Payment
(b) Receipt
(c) Expenditure
(d) None of these
(6) Users of accounting information include:
(a) The tax authorities
(b) Investors
(c) Creditors
(d) All of these
(7) The business form(s) in which the owner(s) is (are) personally liable is
(are) the:
(a) Partnership only
(b) Proprietorship
(c) Corporation only
(d) Partnership and proprietorship
(e) None of these
(8) The investment of personal assets by the owner:
(a) Increases total assets and increases owners equity
(b) Increases total assets only
(c) Has no effect on assets but increases owners equity
(d) Increase assets and liabilities
(e) None of these
(9) All of the following are forms of organizations except:
(a) Proprietorship
(b) Corporation
(c) Retailer
(d) Partnership
(e) None of these
(10) Economic resources of a business that are expected to be of benefit in
the future are referred to as:
(a) Liabilities
(b) Owners equity
(c) Withdrawals
(d) Assets
(e) None of these
(11) An owner investment of land into the business would:
(a) Decrease withdrawals
(b) Increase liabilities
(c) Increase owners equity
(d) Decrease assets
(e) None of these
(12) A cash purchase of supplies would:
(a) Decrease owners equity
(b) Increase liabilities
(c) Have no effect on total assets
(d) None of these
(13) An owner investment of each into the business would:
(a) Increase assets
(b) Decrease liabilities
(c) Increase withdrawals
(d) Decrease owners equity
(e) None of these
(14) The payment of rent each month for office space would:
(a) Decrease total assets
(b) Increase liabilities
(c) Increase owners equity
(d) None of these
(15) Real accounts are related to:
(a) Assets
(b) Expenses and incomes
(c) Customers and Creditors etc.
(d) None of these
(16) Which one of the following accounts would usually have a debit
balance?
(a) Cash
(b) Creditors
(c) Accounts payable
(d) Salaries Expenses
(e) None of these
(17) Quick assets include which of the following?
(a) Cash
(b) Accounts Receivable
(c) Inventories
(d) Only (a) and (b)
(e) None of these
(18) Net income plus operating expenses is equal to:
(a) Net sales
(b) Cost of goods available for sale
(c) Cost of goods sold
(d) Gross profit
(e) None of these
(19) The maximum number of partners in Pakistan can be fixed at the
following:
(a) 20
(b) 50
(c) 75
(d) None of these
(20) Balance sheet is always prepared:
(a) For the year ended
(b) As on a specific date
(c) None of these
(1) The measureable value of an alternative use of resources is referred to
as:
(a) An opportunity cost
(b) An imputed cost
(c) A different cost
(d) A sunk cost
(e) None of these
(a) Organizational chart
(b)Management chart
(c) Budget
(d) Procedural chart
(e) None of these
(3) A cost center is:
(a) A unit of production in relation to which costs are ascertained
(b) A location which is responsible for controlling direct costs
(c) Part of the factory overhead system by which costs are gathered
(d) Any location or department which incurs cost
(e) None of these
(4) At break-even point of 400 units sold the variable costs were Rs. 400
and the fixed costs were Rs.200. What will be the 401 units sold contributing
to profit before income tax?
(a) Rs. 0.00
(b) Rs. 0.50
(c) Rs. 1.00
(d) Rs. 1.50
(e) None of these
(5) In considering a special order situation that will enable a company to
make use of currently idle capacity, which of the following cost will be
irrelevant:
(a) Materials
(b) Depreciation
(c) Direct labour
(d) Variable factory overhead
(e) None of these
(6) A fixed cost:
(a) May change in total when such change is not related to changes in
production
(b) Will not change in total because it is not related to changes in production
(c) Is constant per unit for each unit of change in production
(d) May change in total, depending on production with the relevant range
(e) None of these
(7) Completion of a job is result in:
(a) DR finished goods .. CR WIP
(b) DR Cost of goods CR finished goods
(c) DR WIP ..... CR FOH control
(d) DR FOH control ... CR FOH applied
(e) None of these
(8) Operating cost in often named as:
(a) Manufacturing cost plus commercial expenses
(b) Prime cost plus factory overheads
(c) Direct material plus direct labour
(d) Selling plus administrative expenses
(e) None of these
(9) Expenses such as rent and depreciation of a building are shared by
several departments these are:
(a) Indirect expenses
(b) Direct expenses
(c) Joint expenses
(d) All of the above
(e) None of these
(10) If under applied FOH is closed to cost of goods sold, the journal entry
is:
(a) DR Cost of goods sold .. CR FOH control
(b) DR FOH control .... CR Cost of goods sold
(c) DR FOH control .... CR Profit % loss account
(d) None of these
(11) Re-order quantity 3600 units
Maximum consumption 900 units per week
Minimum comsumption .300 units per week
Re-order period ..5 weeks
Based on this data Re-order level is:
(a) 4500 units
(b) 3900 units
(c) 1200 units
(d) 400 units
(e) None of these
(12) The time lag between indenting and receiving material is called:
(a) Lead time
(b) Idle time
(c) Stock out time
(d) None of these
(13) A credit balance remaining in FOH Control account is called:
(a) Over-applied overhead
(b) Under-applied overhead
(c) Actual overhead
(d) None of these
(14) Direct material cost plus direct labour cost is called:
(a) Prime cost
(b) Conversion cost
(c) Product cost
(d) All of these
(e) None of these
(15) Productivity means:
(a) The ability to produce
(b) All units produced
(c) Good units produced
(d) None of these
(16) A segment of the business that generates both revenue and cost is
called:
(a) Profit Center
(b) Cost Center
(c) Cost driver
(d) All of these
(e) None of these
(17) Verification includes:
(a) Checking vouchers
(b) Examining audit report
(c) None of these
(18) Audit of a bank is generally conducted through:
(a) Routine checking
(b) Vouching
(c) Balance sheet audit
(d) None of these
(19) Economics resources of a business that are expected to be of benefit in
the future are referred to as:
(a) Liabilities
(b) Owners equity
(c) Withdrawals
(d) Assets
(e) None of these
 FPSC Senior Auditors Test Preparation Basic Accounting Terms
and Questions for Test
Definition of accounting: the art of recording, classifying and summarizing
in a significant manner and in terms of money, transactions and events
which are, in part at least of a financial character and interpreting the results
there of.
2. Book keeping: It is mainly concerned with recording of financial data
relating to the business operations in a significant and orderly manner.
3. Concepts of accounting:
A. Separate entity concept
B. Going concern concept
C. Money measurement concept
D. Cost concept
E. Dual aspect concept
F. Accounting period concept
G. Periodic matching of costs and revenue concept
H. Realization concept.
4 Conventions of accounting:
A. Conservatism
B. Full disclosure
C. Consistency
D. Materiality
5. Systems of book keeping:
A. single entry system
B. double entry system
6. Systems of accounting:
A. Cash system accounting
B. Mercantile system of accounting.
7. Principles of accounting:
A. Personal a/c: Debit the receiver
Credit the giver
B. Real a/c: Debit what comes in
Credit what goes out
C. Nominal a/c: Debit all expenses and losses
Credit all gains and incomes
8. Meaning of journal: Journal means chronological record of transactions.
9. Meaning of ledger: Ledger is a set of accounts. It contains all accounts of
the business enterprise whether real, nominal, personal.
10. Posting: It means transferring the debit and credit items from the journal
to their respective accounts in the ledger.
11. Trial balance: Trial balance is a statement containing the various ledger
balances on a particular date.
12. Credit note: The customer when returns the goods get credit for the
value of the goods returned. A credit note is sent to him intimating that his
a/c has been credited with the value of the goods returned.
13. Debit note: When the goods are returned to the supplier, a debit note is
sent to him indicating that his a/c has been debited with the amount
mentioned in the debit note.
14. Contra entry: Which accounting entry is recorded on both the debit and
credit side of the cashbook is known as the contra entry.
15. Petty cash book: Petty cash is maintained by business to record petty
cash expenses of the business, such as postage, cartage, stationery, etc.
16. Promissory note: an instrument in writing containing an unconditional
undertaking signed by the maker, to pay certain sum of money only to or to
the order of a certain person or to the barer of the instrument.
17. Cheque: A bill of exchange drawn on a specified banker and payable on
demand.
18. Stale Cheque: A stale cheque means not valid of cheque that means
more than six months the cheque is not valid.
20. Bank reconciliation statement: It is a statement reconciling the balance
as shown by the bank passbook and the balance as shown by the Cash
Book. Obj: to know the difference & pass necessary correcting, adjusting
entries in the books.
21. Matching concept: Matching means requires proper matching of
expense with the revenue.
22. Capital income: The term capital income means an income which does
not grow out of or pertain to the running of the business proper.
23. Revenue income: The income, which arises out of and in the course of
the regular business transactions of a concern.
24. Capital expenditure: It means an expenditure which has been incurred
for the purpose of obtaining a long term advantage for the business.
25. Revenue expenditure: An expenditure that incurred in the course of
regular business transactions of a concern.
26. Differed revenue expenditure: An expenditure, which is incurred during
an accounting period but is applicable further periods also. Eg: heavy
advertisement.
27. Bad debts: Bad debts denote the amount lost from debtors to whom the
goods were sold on credit.
28. Depreciation: Depreciation denotes gradually and permanent decrease
in the value of asset due to wear and tear, technology changes, laps of time
and accident.
29. Fictitious assets: These are assets not represented by tangible
possession or property. Examples of preliminary expenses, discount on
issue of shares, debit balance in the profit And loss account when shown on
the assets side in the balance sheet.
30. Intangible Assets: Intangible assets mean the assets which is not having
the physical appearance. And its have the real value, it shown on the
assets side of the balance sheet.
31. Accrued Income: Accrued income means income which has been
earned by the business during the accounting year but which has not yet
been due and, therefore, has not been received.
32. Outstanding Income: Outstanding Income means income which has
become due during the accounting year but which has not so far been
received by the firm.
33. Suspense account: The suspense account is an account to which the
difference in the trial balance has been put temporarily.
34. Depletion: It implies removal of an available but not replaceable source,
Such as extracting coal from a coal mine.
35. Amortization: The process of writing of intangible assets is term
as amortization.
36. Dilapidation: The term dilapidation to damage done to a building or other
property during tenancy.
37. Capital employed: The term capital employed means sum of total long
term funds employed in the business. i.e.
(Share capital+ reserves & surplus +long term loans (non business assets
+ fictitious assets)
38. Equity shares: Those shares which are not having pref. rights are called
equity shares.
39. Pref.shares: Those shares which are carrying the pref.rights are called
pref. shares Pref.rights in respect of fixed dividend. Pref.right to repayment
of capital in the event of company winding up.
40. Leverage: It is a force applied at a particular work to get the desired
result.
41. Operating leverage: the operating leverage takes place when a changes
in revenue greater changes in EBIT.
42. Financial leverage: it is nothing but a process of using debt capital to
increase the rate of return on equity
43. Combine leverage: It is used to measure of the total risk of the firm =
operating risk + financial risk.
44. Joint venture: A joint venture is an association of two or more the
persons who combined for the execution of a specific transaction and divide
the profit or loss their of an agreed ratio.
45. Partnership: Partnership is the relation b/w the persons who have
agreed to share the profits of business carried on by all or any of them
acting for all.
46. Factoring: It is an arrangement under which a firm (called borrower)
receives advances against its receivables, from financial institutions (called
factor)
47. Capital reserve: The reserve which transferred from the capital gains is
called capital reserve.
48. General reserve: the reserve which is transferred from normal profits of
the firm is called general reserve
49. Free Cash: The cash not for any specific purpose free from any
encumbrance like surplus cash.
50. Minority Interest: Minority interest refers to the equity of the minority
shareholders in a subsidiary company.
51. Capital receipts: Capital receipts may be defined as non-recurring
receipts from the owner of the business or lender of the money crating a
liability to either of them.
52. Revenue receipts: Revenue receipts may defined as A recurring
receipts against sale of goods in the normal course of business and which
generally the result of the trading activities.
53. Meaning of Company: A company is an association of many persons
who contribute money or moneys worth to common stock and employs it for
a common purpose. The common stock so contributed is denoted in money
and is the capital of the company.
54. Types of a company:
1. Statutory companies
2. Government company
3. Foreign company
4. Registered companies:
A. Companies limited by shares
B. Companies limited by guarantee
C. Unlimited companies
D. private company
E. public company
55. Private company: A private co. is which by its AOA: Restricts the right of
the members to transfer of shares Limits the no. Of members 50. Prohibits
any Invitation to the public to subscribe for its shares or debentures.
56. Public company: A company, the articles of association of which does
not contain the requisite restrictions to make it a private limited company, is
called a public company.
57. Characteristics of a company:
> Voluntary association
> Separate legal entity
> Free transfer of shares
> Limited liability
> Common seal
> Perpetual existence.
58. Formation of company:
> Promotion
> Incorporation
> Commencement of business
59. Equity share capital: The total sum of equity shares is called equity
share capital.
60. Authorized share capital: It is the maximum amount of the share capital,
which a company can raise for the time being.
61. Issued capital: It is that part of the authorized capital, which has been
allotted to the public for subscriptions.
62. Subscribed capital: it is the part of the issued capital, which has been
allotted to the public
63. Called up capital: It has been portion of the subscribed capital which has
been called up by the company.
64. Paid up capital: It is the portion of the called up capital against which
payment has been received.
65. Debentures: Debenture is a certificate issued by a company under its
seal acknowledging a debt due by it to its holder.
66. Cash profit: cash profit is the profit it is occurred from the cash sales.
67. Deemed public Ltd. Company: A private company is a subsidiary
company to public company it satisfies the following terms/conditions Sec
3(1)3:
1. Having minimum share capital 5 lakhs
2. Accepting investments from the public
3. No restriction of the transferable of shares
4. No restriction of no. of members.
5. Accepting deposits from the investors
68. Secret reserves: Secret reserves are reserves the existence of which
does not appear on the face of balance sheet. In such a situation, net
assets position of the business is stronger than that disclosed by the
balance sheet.
These reserves are created by:
1. Excessive depot an asset, excessive over-valuation of a liability.
2. Complete elimination of an asset, or under valuation of an asset.
69. Provision: provision usually means any amount written off or retained by
way of providing depreciation, renewals or diminutions in the value of assets
or retained by way of providing for any known liability of which the amount
cannot be determined with substantial accuracy.
70. Reserve: The provision in excess of the amount considered necessary
for the purpose it was originally made is also considered as reserve
Provision is charge against profits while reserves is an appropriation of
profits Creation of reserve increase proprietors fund while creation of
provisions decreases his funds in the business.
71. Reserve fund: The term reserve fund means such reserve against which
clearly investment etc.,
72. Undisclosed reserves: Sometimes a reserve is created but its identity is
merged with some other a/c or group of accounts so that the existence of
the reserve is not known such reserve is called an undisclosed reserve.
73. Finance management: Financial management deals with procurement of
funds and their effective utilization in business.
74. Objectives of financial management: financial management having two
objectives that Is:
1. Profit maximization: The finance manager has to make his decisions in a
manner so that the profits of the concern are maximized.
2. Wealth maximization: Wealth maximization means the objective of a firm
should be to maximize its value or wealth, or value of a firm is represented
by the market price of its common stock.
75. Functions of financial manager:
> Investment decision
> Dividend decision
> Finance decision
> Cash management decisions
> Performance evaluation
> Market impact analysis
76. Time value of money: The time value of money means that worth of a
rupee received today is different from the worth of a rupee to be received in
future.
77. Capital structure: It refers to the mix of sources from where the long-
term funds required in a business may be raised; in other words, it refers to
the proportion of debt, preference capital and equity capital.
78. Optimum capital structure: Capital structure is optimum when the firm
has a combination of equity and debt so that the wealth of the firm is
maximum.
79. Wacc: It denotes weighted average cost of capital. It is defined as the
overall cost of capital computed by reference to the proportion of each
component of capital as weights.
80. Financial break-even point: It denotes the level at which a firms EBIT is
just sufficient to cover interest and preference dividend.
81. Capital budgeting: Capital budgeting involves the process of decision
making with regard to investment in fixed assets. Or decision making with
regard to investment of money in long term projects.
82. Payback period: Payback period represents the time period required for
complete recovery of the initial investment in the project.
83. ARR: Accounting or average rates of return means the average annual
yield on the project.
84. NPV: The Net present value of an investment proposal is defined as the
sum of the present values of all future cash inflows less the sum of the
present values of all cash out flows associated with the proposal.
85. Profitability index: Where different investment proposal each involving
different initial investments and cash inflows are to be compared.
86. IRR: Internal rate of return is the rate at which the sum total of
discounted cash inflows equals the discounted cash out flow.
87. Treasury management: It means it is defined as the efficient
management of liquidity and financial risk in business.
88. Concentration banking: It means identify locations or places where
customers are placed and open a local bank a/c in each of these locations
and open local collection canter.
89. Marketable securities: Surplus cash can be invested in short term
instruments in order to earn interest.
90. Ageing schedule: In an ageing schedule the receivables are classified
according to their age.
91. Maximum permissible bank finance (MPBF): It is the maximum amount
that banks can lend a borrower towards his working capital requirements.
92. Commercial paper: A cp is a short term promissory note issued by a
company, negotiable by endorsement and delivery, issued at a discount on
face value as may be determined by the issuing company.
93. Bridge finance: It refers to the loans taken by the company normally
from commercial banks for a short period pending disbursement of loans
sanctioned by the financial institutions.
94. Venture capital: It refers to the financing of high-risk ventures promoted
by new qualified entrepreneurs who require funds to give shape to their
ideas.
95. Debt securitization: It is a mode of financing, where in securities are
issued on the basis of a package of assets (called asset pool).
96. Lease financing: Leasing is a contract where one party (owner)
purchases assets and permits its views by another party (lessee) over a
specified period
97. Trade Credit: It represents credit granted by suppliers of goods, in the
normal course of business.
98. Over draft: Under this facility a fixed limit is granted within which the
borrower allowed to overdraw from his account.
99. Cash credit: It is an arrangement under which a customer is allowed an
advance up to certain limit against credit granted by bank.
100. Clean overdraft: It refers to an advance by way of overdraft facility, but
not back by any tangible security.