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Consider the following parties and arrange them in the correct sequence in the event of dissolution of a firm<br>i. Secured creditors<br>ii. Unsecured creditors<br>iii. Partners who have granted loans<br>iv. Partners who have contributed over and above profit-sharing ratio

Correct Answer: i, ii, iii, iv

Arrange the following parties in the event of dissolution of a firm.
1. Secured creditors
2. Unsecured creditors
3. Partners who have granted loans
4. Partners who have contributed over and above profit sharing ratio
Select the correct answer:

Consider the following statements.
1. In case of standard assets, provision for NPA must be 25% for all types of standard assets.
2. In case of sub-standard assets, provision for NPA must be 10% for all types of standard assets.
3. In case of doubtful assets, 100% provision is required for unsecured and secured advances.
4. In case of loss assets, 10% of unsecured and 100% of secured advance must be kept as provision for NPAs.
Which of the statement(s) given above is/are correct?

Arrange the following in correct sequence in the event of dissolution of a partnership firm.
1. If surplus, it is distributed among the partners.
2. The assets of the firm are realised.
3. Amount realised is applied towards repayment of liabilities to outsiders and loan taken from partners.
4. Capital contributed by partners is repaid.
Select the correct answer:

Consider the following :
1. The perpetual struggle of Ins and Outs for political power turns the legislature into a battlefield and in this struggle the interests of the country are forgotten.
2. Parties encourage hollowness and insincerity. They divide not only the legislature but the nation into hostile camps. During national emergencies, parties can hardly transcend their petty differences and present a united front.
3. Parties often over-reach themselves and indulge in unwholesome and immoral activities live bribing the legislators
4. Parties tend to become antonomous and to regard organisations as important for their own sake. Principles are thus subordinated to success at polls and issues are not considered on merit.
Which of the above statements make a valid criticism of political parties?
Select the correct answer from the following:

In a group of people solicited by a charity, 30% contributed Tk 40, 45% contributed Tk 20 and the rest contributed Tk 2. If the charity received a total of Tk 300 from the people who contributed Tk 2, how much was contributed by the entire group?

In a group of people solicited by a charity, 30% contributed Tk. 2400 each, 45% contributed Tk. 1200 each, and the rest contributed Tk. 120 each. If the charity received a total of Tk. 18,000 form the people who contributed Tk. 120.00, how much was contributed by the entire group?

The following are the two statements relating to the theory of probability. Indicate the statements being correct or incorrect.
Statement I The probability of the joint occurrence of independent events A and B is equal to the probability of event A multiplied by the probability of event B or vice-versa.
Statement II The probability of the joint occurrence of independent event A and dependent event B is equal to the probability of event A multiplied by the conditionalprobability of event B when event A has occurredor vice-versa.

Consider the following for the dissolution of trade unions under the Trade Union Act, 1926. Which of the following statement(s) is/are correct?
1. When a registered Trade Union is dissolved, notice of the dissolution is signed by nine members and by the Secretary of the Trade Union.
2. The notice of dissolution must be sent within ten days to the Registrar.
3. Where the dissolution of a registered Trade Union has been registered and the rules of the Trade Union donot provide forthe distribution of funds of the Trade Union on dissolution, the registrar shall divide the funds amongst the members in such manner as may be prescribed.

Which of the following is/are involved in wagering agreement?1. An uncertain event.
2. Parties have no control over the event.
3. Except the stake parties have no other interest in the event.
Select the correct answer using the given below:

In a group of people solicited by a charity , 30% contributed TK. 40 each, 45% contributed TK. 20 each and the rest contributed TK. 12 each . What percentage of the total contributed came from people who gave TK. 40 ?