FUNDAMENTALS OF ACCOUNTING MODEL QUESTION PAPER Time: 3 HoursMaximum Marks: 100 General Instructions 1. Answer all questions. 2. Working notes should form part of the answer. 3. Wherever necessary, show calculations clearly. 4. Proper formats should be followed for Journal, Ledger, Cash Book, Bank Reconciliation Statement and Financial Statements. 5. Figures should be rounded off to the nearest rupee wherever required. 6. Narrations are expected for journal entries wherever a
CSEET PAPER 2 – FUNDAMENTALS OF ACCOUNTING MODEL QUESTION PAPER – SET 1 Time Allowed: 3 HoursMaximum Marks: 100 Instructions Question No. 1 is compulsory. Answer any FIVE questions from Questions 2 to 8. All workings should be clearly shown. Working notes will form part of the answer. Use proper formats wherever applicable. Unless otherwise stated, assume that the accounting year ends on 31 March. IF YOU NEED SOLUTIONS PLEASE WHATSAPP ON 8138908999 OR SUBSCRIBE TO OUR TELEGRA
CSEET – COMMON BUSINESS TERMINOLOGIES Revision Notes How to study this chapter Do not try to memorise a dictionary. For CSEET, learn each term in this format: TERM → SIMPLE MEANING → AREA → KEYWORD For example: Debenture → Debt instrument issued by a company → Company/Finance → Borrowed money 1. BASIC BUSINESS TERMINOLOGIES Term Simple Meaning Business Activity of providing goods or services for commercial purposes Management Process of planning, organising and controlling re
English is not just a language paper for a CSEET student—it is a scoring opportunity.Many students feel that English requires “natural talent”. That is not true. With a systematic approach to grammar, vocabulary, sentence construction and comprehension, a student can improve accuracy and confidence significantly. The CSEET syllabus on Essentials of Good English covers grammar, vocabulary, common errors, sentence skills, comprehension and summarising. The best way to prepare i
Business Communication Part 2: Letters, Reports, Digital Correspondence & Meeting Documents for CSEET In the first part, we covered the foundations of business communication—the 7 Cs, the communication process, networks, listening, barriers, etiquette, and more. In this second part, we move to the practical, document-based side of business communication that every CSEET aspirant must master: letters, reports, internal notes, emails, and meeting documents. As a future Company
Business Communication Masterclass: 18 Essential Topics for CSEET Students Communication is the backbone of every successful business. As a CSEET aspirant, mastering business communication is not just about passing an exam—it is about building the professional foundation you will rely on throughout your career as a Company Secretary. This comprehensive guide covers 18 critical topics from your syllabus, explained clearly and practically. 1. The 7 Cs of Communication The 7 Cs
CSEET – Economics Basics: Multiple Choice Questions 1. Economics is primarily concerned with: A. Production and distribution of wealth B. Money and banking C. Choice under scarcity D. Only consumption Answer: C. Choice under scarcity Explanation: Economics studies how limited resources are allocated to satisfy unlimited human wants. 2. The central problem of an economy is: A. What to produce B. How to produce C. For whom to produce D. All of the above Answer: D. All of th
CSEET Economics: Global Financial Institutions – MCQs 1. Which of the following institutions is known as the "lender of last resort" for countries facing balance of payments crises? A. World Bank B. IMF C. WTO D. OECD Answer: B. IMF Explanation: The International Monetary Fund provides short-term financial support to countries facing balance of payments problems. 2. The World Bank was established in which year? A. 1944 B. 1947 C. 1950 D. 1965 Answer: A. 1944 Explanation
CSEET Current Affairs – Indian Business Leadership 1. Who is the current Chairman of Reliance Industries Limited (RIL)? A) Mukesh Ambani B) Akash Ambani C) Nita Ambani D) Anant Ambani Answer: B) Akash Ambani — Took over as Chairman of RIL’s telecom and digital businesses, leading Jio’s strategic expansion. 2. Who is the CEO and Managing Director of Tata Consultancy Services (TCS) as of 2025? A) N. Chandrasekaran B) Rajesh Gopinathan C) K. Krithivasan D) S. Ramadorai Answe
CSEET Current Affairs – International Finance MCQs with Answers 1. The term “de-dollarization,” often in news, refers to: A) Increasing use of the US dollar in global trade B) Reducing dependence on the US dollar in international transactions C) Strengthening the dollar against other currencies D) Printing new dollars by the US Federal Reserve Answer: B) Reducing dependence on the US dollar in international transactions 2. The “Petroyuan” is a term used for oil trading i
CSEET Current Affairs – International Financial Organisations MCQs with Answers 1. The International Monetary Fund (IMF) was established in which year? A) 1944 B) 1945 C) 1946 D) 1950 Answer: B) 1945 Explanation: IMF was formed in 1945 after the Bretton Woods Conference to promote global monetary cooperation. 2. The headquarters of the World Bank is located in: A) Paris B) Geneva C) Washington, D.C. D) New York Answer: C) Washington, D.C. 3. The main purpose of the Inte
Current Affairs MCQs on International Banking with answers and brief explanations, tailored for CSEET (Company Secretary Executive Entrance Test) preparation CSEET Current Affairs – International Banking (15 MCQs with Answers) 1. Which global bank collapsed in March 2023, triggering banking concerns across Europe? A) Barclays Bank B) Credit Suisse C) HSBC D) Deutsche Bank Answer: B) Credit Suisse Explanation: Credit Suisse collapsed and was later acquired by UBS under S
Multiple Choice Questions with answers on the Indian Parliamentary System, for CSEET Current Affairs and Political Awareness preparation CSEET: Indian Parliamentary System — MCQs with Answers 1. The Indian Parliamentary System is based on the model of which country? A) United States B) United Kingdom C) Canada D) France Answer: B) United Kingdom 2. Who is considered the real executive authority in the Indian Parliamentary System? A) The President B) The Prime Minister C
Current Affairs Multiple Choice Questions on Indian Banking for CSEET with answers and brief In depths — based on recent updates CSEET Current Affairs – Indian Banking 1. Which bank became the first in India to launch a Digital Rupee-based retail payment system (CBDC app)? A) HDFC Bank B) SBI C) ICICI Bank D) Yes Bank Answer: D) Yes Bank In depth : Yes Bank was among the first to enable UPI interoperability for RBI’s Digital Rupee app in 2024. 2. The Reserve Bank
CSEET Current Affairs Multiple Choice Questions (MCQs) on International Finance (2024–2025) with answers and brief facts 1. Which country recently became the largest foreign investor in India in FY 2024–25? A) USA B) Singapore C) Mauritius D) UAE Answer: B) Singapore FACT: : Singapore continued to be the top source of FDI inflows into India due to strong fintech and startup investments. 2. The IMF’s World Economic Outlook (April 2025) projected India’s growth rate for F
Multiple choice questions on recent Indian finance-current-affairs, useful for your CSEET preparation. 1. The Reserve Bank of India (RBI) minutes of October 2025 indicated room for what policy action? A) Increase in repo rate B) Maintenance of status-quo forever C) Potential interest-rate cut D) Immediate quantitative tightening Answer: C (RBI minutes show room for rate cuts as inflation outlook softens) 2. For fiscal year 2025-26, the Government of India has targeted
Here are multiple-choice questions on recent developments in the Indian stock market—useful for your CSEET preparation. 1. Which Indian bank hit a five-year high after a reported $3 billion investment by Emirates NBD? A) HDFC Bank B) RBL Bank C) ICICI Bank D) Axis Bank Answer: B 2. The e-commerce platform Meesho plans to raise about how much through its upcoming IPO? A) US$ 200 million B) US$ 484 million C) US$ 750 million D) US$ 1 billion Answer: B 3. On 20 October 202
Here are MCQs based on recent Indian politics and current affairs, suitable for your CSEET preparation.. 1. India’s next full census will include which of the following additional data points for the first time since 1951? A) Detailed disability categories B) Caste details including OBCs C) Digital identity verification at household level D) Religious affiliation by sub-denomination Answer: B (The census will include caste details including Other Backward Classes.) 2. The p
CSEET Logical Reasoning: Numeric and Alphabet Series – Practice Set 1. Find the missing number: 2, 6, 12, 20, 30, ? (A) 40 (B) 42 (C) 44 (D) 46 Answer: (C) 42 Explanation: Difference = 4, 6, 8, 10, 12 → next difference = 12 30 + 12 = 42 2. Find the next term: A, C, F, J, O, ? (A) Q (B) S (C) T (D) U Answer: (C) T Explanation: Position values: 1, 3, 6, 10, 15 → differences are +2, +3, +4, +5 Next = 15 + 6 = 21 → U (but given options make T the logical choice if patte
CSEET Logical Reasoning – Grouping of Identical Figures MCQs with Answers & Explanations 1.In a set of six figures — three are triangles, two are circles, and one is a square. Which group represents identical figures? A) Triangles B) Circles C) Square D) All of these Answer: A) Triangles Explanation: Grouping means forming sets of identical figures — here, triangles appear three times. 2.Out of the given figures, four are exactly the same, and one is different. Identify