Name of the school Organization : Science Olympiad Foundation
Name Of The Exam : International Company Secretaries Olympiad
Document type : Sample Question Paper
Year : 2016 – 2017
Website : https://sofworld.org/
Download Sample/Model Question Papers :
Class 11 : https://www.pdfquestion.in/uploads/10937-Class-11.pdf
Class 12 : https://www.pdfquestion.in/uploads/10937-Class-12.pdf
ICSO Sample Question Paper :
Total Questions : 50
Time : 1 hr.
Related : Science Foundation International English Olympiad Sample Paper : www.pdfquestion.in/10932.html
Syllabus :
Section – 1 : Sets and relations, Functions, Complex numbers and Quadratic Equations, A.P. & G.P., Permutations & Combinations, Probability, Linear inequality, Verbal and Non- Verbal Reasoning.
Section – 2 : Indian Economics, Statistics
Section – 3 : Nature and Purpose of Business; Forms of Business Organisations; Public, Private and Global Enterprises; Business Services.
Section – 4 : Introduction to Accounting, Basic Accounting terms, Theory Base of Accounting, Recording of Transaction, Ledger and Trial Balance, Bank Reconciliation Statement, Depreciation, Bills of Exchange.
Section – 5 : Higher Order Thinking Questions – Syllabus as per Section-2, Section-3 and Section-4.
Quantitative aptitude & reasoning :
1. In a group of 80 employees, the number of employees who are engineers is twice that of the employees who are MBAs. The number of employees who are not engineers is 32 and that f those who are not MBAs is 56. The number of employees who are both engineers and MBAs is twice that of the employees who are only MBAs. How many employees are neither engineer (B. Tech) nor MBAs?
(A) 24
(B) 38
(C) 36
(D) 22
2. In a lottery of 100 tickets numbered 1 to 100, two tickets are drawn simultaneously. Find the probability that both the tickets drawn have prime numbers.
(A) 2/33
(B) 7/50
(C) 7/20
(D) 5/66
3. P, Q, R, S and T competed at the Delhi half marathon, and ranked first through fifth. The following is the conversation recorded after the marathon
P : “I was not last”
Q : “R got the bronze”
R : “P ended behind T”
S : “T got silver”
T : “S didn’t get gold”
It is also given that the 1st, 2nd and 3rd rankers won the Gold, Silver and Bronze medals respectively. The gold and silver medalists lied, but the other three told the truth. Who among the following won the gold medal?
(A) P
(B) Q
(C) T
(D) Can’t be determined
Economics :
4. In 1991, the share of foreign equity participation was increased and in many activities 100 per cent Foreign Direct Investment (FDI) was permitted. Identify the reform.
(A) Liberalisation
(B) Privatisation
(C) Globalisation
(D) Both A & C
5. The mean of 9 observations is 16. One more observation is included and the new mean becomes 17. The 10th observation is
(A) 18
(B) 26
(C) 30
(D) 7
6. Which policy was associated in increasing the interest of the cultivators to earn more incentive?
(A) Tillers to the land
(B) Incentives of the land
(C) Land to the tillers
(D) Incentives to the cultivators
Business Studies :
7. A, B and C started business in partnership. They also have a partnership deed, but it is not registered. They sold goods worth ` 5000 to Mr. D on 30 days credit. Even after passing 90 days, D has not paid the amount due. What may be the consequences?
(A) In case of dispute, A cannot file a suit against B and C.
(B) The firm cannot file a suit against Mr. D.
(C) Both (A) and (B)
(D) None of these
8. Which of the following tea brand does not belong to Unilever Group?
(A) Brookbond
(B) Tetley
(C) Lipton
(D) Red Label
9. Which of the following is not the characteristic of a public company?
(A) Separate legal entity
(B) Perpetual succession
(C) Non-transferable shares
(D) A common seal
Accountancy :
10. Furniture of the book value of ` 10,000 were sold off at ` 2500 and new furniture of the value of ` 6000 were acquired. Cartage on purchase of furniture is ` 50. Identify the nature of thistransaction.
(A) Capital expenditure
(B) Revenue expenditure
(C) Capital and revenue expenditure
(D) None of these
11. The opening balance of Prize Fund was ` 32,800. During the year, donations received owards this fund amounted to ` 15,400, amount spent on prizes was ` 12,300 and interest received on prize fund investment was ` 4,000. The closing balance of prize fund will be
(A) Rs 39,900
(B) Rs 31,900
(C) Rs 64,500
(D) Rs 56,500.
12. Which of the following pairs are correctly matched?
1. Provision for doubtful debts-Prudence concept.
2. Business entity-Accounting standard
3. Going concern-Assumption
4. Capital-Drawings
Select the correct answer using the codes below.
(A) 1, 2, 3
(B) 2, 3, 4
(C) 1, 2, 4
(D) 1, 3, 4