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  #2  
10th July 2015, 10:19 AM
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Join Date: Apr 2013
Re: CA CPT Model Test Paper

You are looking for CA Common Proficiency Test (CPT) English exam model question paper, here I am giving:

1. Following are the differences between Partnership and Joint Venture except: (a) Joint Venture is essentially planned for short terms mainly for one contract/ deal. However, partnership are normally undertaken as going concerns and are expected to last for a very long period. (b) The persons involved in a joint venture are called co-ventures whereas persons involved in a partnership are called partners. (c) Any specific statute of the Government does not govern joint ventures but the Indian Partnership Act, 1932, governs partnership. (d) Memorandum of Understanding is mandatory to be drafted to spell the relationship between the co-ventures whereas the basic relationship between the partners is defined by the partnership deed.

2. If there is no partnership deed then interest on capital will be charged at …………….. p.a. (a) 6 % (b) 8 % (c) 9 % (d) NIL

3. Net profit of the firm is Rs. 5,000 Interest on capital and interest on drawings still not charges are Rs. 5,000 and Rs. 2500 respectively. Net profit available for the distribution among the partners after charging the above will be:- (a) Rs. 7,500 (b) Rs. 5,000 (c) Rs. 2,500 (d) Nil

4. A, B and C are partner’s sharing profit and loss in the ratio of 3:2:1. They admitted D for 1/6th share after admission of D, share of C’s will be same and ratio between A and B will be 3 : 1. What will be new ratio for A, B, C and D (a) 3 : 1 : 1 : 1 (b) 3 :2 : 1 : 1 (c) 2 : 2 : 1 : 1 (d) None of these.

5. Mr. Ram is a partner in a firm. He made drawings as follows: July 1 200.00 August 1 200.00 September 1 300.00 November 1 50.00 February 1 100.00 If the rate of interest on drawings is 6% and accounts are closed on March, 31, the interest on drawings is: (a) Rs. 29.75 (b) Rs. 35.00 (c) Rs. 30.00 (d) Rs. 40.00

CA CPT Question paper for English







For detailed paper, here is attachment:
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File Type: pdf CA CPT Question paper for English-1.pdf (362.5 KB, 109 views)
  #3  
30th November 2015, 12:01 AM
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Re: CA CPT Model Test Paper

u can buy the scanner that woul be helpfull for him


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