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Accounting & Finance QUESTION #9665
Question 2001
In accounting for Non-Profit Organizations, the Accumulated Fund (Capital Fund) is computed as:
  • Total subscriptions collected during the year
  • Total income minus total expenditure for the year
  • Assets minus Liabilities as on the opening date via Statement of Affairsโœ”๏ธ
  • Donations plus grants received during the year
Correct Answer Logic:
The opening balance of Capital Fund is computed through the Statement of Affairs on the opening date: Capital Fund = Total Assets โ€“ Total Liabilities. This mirrors the owner's equity calculation in business entities. Subsequent surpluses/deficits and capital receipts are then adjusted to arrive at the closing balance.
Uploaded by: Fani Warraich
Law QUESTION #9697
Question 2002
Article 117 on burden of proof โ€” who bears the burden of proof in any proceeding?
  • Always the plaintiff
  • Always the defendant
  • Whoever desires the Court to give judgment based on facts he assertsโœ”๏ธ
  • The party calling more witnesses
Correct Answer Logic:
Article 117(1) states that whoever desires any Court to give judgment as to any legal right or liability dependent on the existence of facts which he asserts must prove that those facts exist.
Uploaded by: Fani Warraich
Contracts QUESTION #5865
Question 2003
A Buyer and Seller enter a contract for 500 laptops. The Seller says, 'I might not be able to deliver next month.' Does the Buyer have any immediate rights?
  • Yes, the Buyer can sue for breach immediately.
  • No, the Buyer must wait until the delivery date.
  • Yes, the Buyer can demand 'Adequate Assurance of Performance'.โœ”๏ธ
  • No, unless the Seller uses the word 'repudiate'.
Correct Answer Logic:
Under UCC ยง2-609, when reasonable grounds for insecurity arise, a party may in writing demand adequate assurance of due performance.
Uploaded by: Fani Warraich
Math Physics Chemistry Biology QUESTION #4257
Question 2004
Which layer of uterus nourishes the embryo after implantation?
  • Cervical epithelium
  • Myometrium
  • Endometriumโœ”๏ธ
  • Perimetrium
Correct Answer Logic:
The endometrium is the innermost lining of the uterus that provides nutrition and support to the implanted embryo.
Uploaded by: Fani Warraich
CISA QUESTION #1758
Question 2005
What is the main objective of conducting recurring drug screenings and criminal background checks on employees?
  • Determine whether a person is eligible to work and remains eligibleโœ”๏ธ
  • Prevent individuals from violating the law
  • Enforce minimum governance controls across all staff
  • Monitor for shifts in employee behavior
Correct Answer Logic:
The primary goal is to determine if an employee is still eligible to hold their position. Fraud, waste, and abuse regulations require ongoing monitoring to identify susceptibility to theft or collusion. Individuals who fail retest requirements must be barred from all access until a passing result is obtained.
Uploaded by: Fani Warraich
General Knowledge QUESTION #8974
Question 2006
Which planet has the shortest day (shortest rotation period)?
  • Earth
  • Jupiterโœ”๏ธ
  • Venus
  • Pluto
Correct Answer Logic:
Jupiter rotates in about 10 hours.
Uploaded by: Fani Warraich
Boilers Mechanical Engineering QUESTION #4015
Question 2007
'Low Water Cut-Off' (LWCO) is an electrical device that:
  • Starts the pump
  • Shuts down the fuel supply if water falls to a dangerous levelโœ”๏ธ
  • Measures the $pH$ of water
  • Cleans the tubes
Correct Answer Logic:
It is a primary safety device to prevent 'Dry Firing' the boiler.
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Correct Answer Logic:
The 2023 amendment to Section 59(8) inserted: 'not later than five days before polling and a copy of such change shall be transmitted to the candidates immediately without loss of any time.'
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CISA QUESTION #1719
Question 2009
When comparing an assessment to a formal audit, which of the following statements most accurately captures the key distinction between the two?
  • Audits are conducted with greater formality and rigor than assessments.โœ”๏ธ
  • They are fundamentally similar; the only difference is semantic.
  • Both produce reports that qualify for use in regulatory licensing purposes.
  • Assessment reports deliver a higher level of assurance than audit reports.
Correct Answer Logic:
An assessment is inherently less structured and less rigorous than a formal audit. Its primary function is to determine value or relevance, not to render an independent, regimented opinion. Because assessments lack the discipline and independence of a formal audit, their outputs carry less evidential weight and cannot be relied upon for external purposes such as regulatory licensing.
Uploaded by: Fani Warraich
Security Measures to Maintain Law and Order QUESTION #960
Question 2010
How can 'Lighting' be a security measure?
  • For aesthetic nighttime views
  • To deter criminal activity in dark areasโœ”๏ธ
  • To help pilots land
  • To save energy
Correct Answer Logic:
Well-lit perimeters and parking lots reduce the chance of undetected breaches and increase the safety of the public.
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Constitutional Law QUESTION #5832
Question 2011
A federal law provides that 'any state that accepts federal healthcare funding must waive its sovereign immunity to lawsuits in federal court for violations of the ADA.' Is this valid?
  • No, because Congress cannot force a state to waive its 11th Amendment immunity.
  • No, because it is an unconstitutional 'commandeering' of state governments.
  • Yes, because Congress may condition federal funds on a waiver of sovereign immunity under the Spending Power.โœ”๏ธ
  • Yes, because the 14th Amendment gives Congress power to abrogate state immunity.
Correct Answer Logic:
Congress can condition the receipt of federal funds on a stateโ€™s waiver of 11th Amendment immunity. As long as the waiver is 'clear and unequivocal' and the state accepts the money, the waiver is valid.
Uploaded by: Fani Warraich
Correct Answer Logic:
The blank describes poetry that is not internationally appealing โ€” i.e., narrowly local. Provincial means narrow-minded or limited to a local area, which directly contrasts with 'international audience.' 'Familiar,' 'democratic,' and 'technical' do not logically contrast with having international appeal.
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General Knowledge QUESTION #4721
Question 2013
What is the official currency of China?
  • Rouble
  • Yen
  • Yuan (Renminbi)โœ”๏ธ
  • Won
Correct Answer Logic:
The official currency of China is the Renminbi (RMB), with the base unit called the Yuan. The Rouble is Russian, Yen is Japanese, and Won is Korean.
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Correct Answer Logic:

Using the Relativistic Doppler Effect formula for an approaching source:

$f' = f \sqrt{\frac{1 + v/c}{1 - v/c}}$

Given $v = 0.5c$:

$f' = 10 \sqrt{\frac{1 + 0.5}{1 - 0.5}} = 10 \sqrt{\frac{1.5}{0.5}} = 10 \sqrt{3} \approx 10 \times 1.732 = 17.32 \text{ GHz}$.

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Correct Answer Logic:

Under the UK Partnership Act 1890 (often used as the basis for these exams), if no agreement exists: no interest on capital, no salaries, no interest on drawings, and interest on partner loans is usually 5% (not 10%). Thus, only 3 and 4 are correct.

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Psychology QUESTION #9934
Question 2016
Behaviour therapists believe that insight is:
  • A worthwhile goal
  • Not sufficient for behaviour change
  • Not necessary for behaviour change
  • All of theseโœ”๏ธ
Correct Answer Logic:
Behaviour therapists hold that insight may be worthwhile but is considered not sufficient (knowing why doesn't automatically change behaviour) and often not necessary (conditioning occurs without insight). All three statements reflect the behaviourist view.
Uploaded by: Fani Warraich
English QUESTION #8558
Question 2017
What does PAC stand for?
  • Pakistan Atomic Council
  • Public Accounts Committeeโœ”๏ธ
  • Punjab Agriculture Corporation
  • Public Audit Code
Correct Answer Logic:
PAC commonly stands for Public Accounts Committee.
Uploaded by: Fani Warraich
Islamic Studies QUESTION #343
Question 2018
"Mujaddid-Alf-Thani" (Reviver of the Second Millennium) is the title of:
  • Shah Wali Ullah
  • Abdul Haq Muhaddith
  • Sheikh Ahmad Sirhandiโœ”๏ธ
  • Ibn Arabi
Correct Answer Logic:
Sheikh Ahmad Sirhandi is widely known by this title for his reformative work in India.
Uploaded by: Fani Warraich
Correct Answer Logic:
Moles of $\text{Li}_2\text{CO}_3 = \dfrac{300}{73.89} = 4.06\ \text{mmol}$. Each formula unit contains $2\ \text{Li}^+$ ions, therefore Li $= 4.06 \times 2 = 8.12\ \text{mmol}$.
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Boilers Mechanical Engineering QUESTION #2498
Question 2020
In Mohr's circle for plane stress, the principal stresses \(\sigma_1\) and \(\sigma_2\) occur at points where:
  • The circle has maximum radius
  • The circle intersects the \(\sigma\)-axis (shear stress \(\tau = 0\))โœ”๏ธ
  • The shear stress is maximum
  • The normal stress equals the average stress
Correct Answer Logic:
Principal stresses are defined as the normal stresses acting on planes where shear stress is zero. On Mohr's circle, these correspond to the two points where the circle intersects the horizontal \(\sigma\)-axis (i.e., \(\tau = 0\)).
Uploaded by: Fani Warraich