Police Recruitment Exams - Sub-Inspector & Constable (State Police & Delhi Police)

Reasoning & Intelligence Quotient (IQ) question bank (Mental Aptitude & Reasoning (Mansik Abhiruchi))

Practice 10,106 free Police Recruitment Exams - Sub-Inspector & Constable (State Police & Delhi Police) Mental Aptitude & Reasoning (Mansik Abhiruchi) - Reasoning & Intelligence Quotient (IQ) questions with answers and step-by-step solutions.

Q1.
[General Accounting Principles - Recruitment Question #2] Which fundamental accounting concept stipulates that revenue must be recognized in the accounting period in which it is earned, regardless of when cash is received?

(A)
Cost Historical Concept
(B)
Conservatism / Prudence Concept
(C)
Cash Basis Concept
(D)
Accrual Concept / Revenue Realization Principle
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Q2.
[EPFO & Industrial Relations - Recruitment Question #4] Under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, what is the standard statutory contribution rate payable by both employer and employee for eligible establishments?

(A)
12% of basic wages, dearness allowance and retaining allowance
(B)
15% of basic salary strictly
(C)
10% of gross total salary
(D)
8.33% of total cost to company (CTC)
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