CA CPT MOCK – Kailasha Foundation https://kailashafoundation.org Fun & Learn Portal Tue, 30 Apr 2019 08:18:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 CA CPT Economics Mock II https://kailashafoundation.org/2018/11/25/ca-cpt-economics-mock-ii/ https://kailashafoundation.org/2018/11/25/ca-cpt-economics-mock-ii/#respond Sun, 25 Nov 2018 09:53:16 +0000 https://kailashafoundation.org/?p=31142   Economics Mock Test for CA CPT by KFDN Instructions: You have 30 minutes to attempt this test. All Questions are MCQs No Negative Marking START YOUR TEST Additional Mock Law Mock (click here) Accounts Mock (click here) CA CPT Final Mock for December 2018 Exam All content at Kailasha Foundation is free and will […]

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Economics Mock Test for CA CPT by KFDN

Instructions:

  1. You have 30 minutes to attempt this test.
  2. All Questions are MCQs
  3. No Negative Marking

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Additional Mock
Law Mock (click here)
Accounts Mock (click here)
CA CPT Final Mock for December 2018 Exam

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CA CPT Law Mock II https://kailashafoundation.org/2018/11/25/ca-cpt-law-mock-ii/ https://kailashafoundation.org/2018/11/25/ca-cpt-law-mock-ii/#respond Sun, 25 Nov 2018 07:47:58 +0000 https://kailashafoundation.org/?p=31131   Law Mock Test for CA CPT by KFDN Instructions: You have 30 minutes to attempt this test. All Questions are MCQs No Negative Marking START YOUR TEST Additional Mock Accounts Mock (click here) CA CPT Final Mock for December 2018 Exam All content at Kailasha Foundation is free and will always be. Share with […]

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Law Mock Test for CA CPT by KFDN

Instructions:

  1. You have 30 minutes to attempt this test.
  2. All Questions are MCQs
  3. No Negative Marking

START YOUR TEST

Additional Mock
Accounts Mock (click here)
CA CPT Final Mock for December 2018 Exam

All content at Kailasha Foundation is free and will always be. Share with friends, challenge them and have fun while learning. That’s why “Fun & Learn”. If you find any error(s) in this Mock test, then do report from the “Contact Us” tab above on our website. Thanks for being a valuable user. Happy Learning!

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CA CPT Final Mock https://kailashafoundation.org/2018/11/25/ca-cpt-final-mock/ https://kailashafoundation.org/2018/11/25/ca-cpt-final-mock/#respond Sat, 24 Nov 2018 18:43:31 +0000 https://kailashafoundation.org/?p=31107 Accounts Mock: ACTIVE(Click Here) Law Mock: ACTIVE(Click Here) Economics Mock: NOT ACTIVE Quant Mock: NOT ACTIVE (I) Mocks will be activated on the following dates 24*7 up to 10 December 2018 Accounts – 1 December 2018 Law – 3 December 2018 Economics – 5December 2018 Quant – 7 December 2018 (II) WEIGHTAGE : 200 Marks Accounts – […]

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Accounts Mock: ACTIVE(Click Here)
Law Mock: ACTIVE(Click Here)
Economics Mock: NOT ACTIVE
Quant Mock: NOT ACTIVE

(I) Mocks will be activated on the following dates 24*7 up to 10 December 2018
Accounts – 1 December 2018
Law – 3 December 2018
Economics – 5December 2018
Quant – 7 December 2018

(II) WEIGHTAGE : 200 Marks
Accounts – 60 Marks
Law – 40 Marks
Economics – 50 Marks
Quant – 50 Marks

(III) Marks per MCQ = 1

(IV) LOGIN REQUIRED
REGISTER HERE

(V) You will get Instant result on your E-Mail

(VI) One Time access
Timing per Mock will be given in the instruction section of Mocks

(VII) Additional Info will be updated here only.

All content at Kailasha Foundation is free and will always be. Share with friends, challenge them and have fun while learning. That’s why “Fun & Learn”. If you find any error(s) in this Mock test, then do report from the “Contact Us” tab above on our website. Thanks for being a valuable user. Happy Learning!

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CA CPT Accounts Mock II https://kailashafoundation.org/2018/11/24/ca-cpt-accounts-mock-ii/ https://kailashafoundation.org/2018/11/24/ca-cpt-accounts-mock-ii/#comments Sat, 24 Nov 2018 17:23:22 +0000 https://kailashafoundation.org/?p=31094 Accounts Mock Test for CA CPT by KFDN Instructions: You have 30 minutes to attempt this test. All Questions are MCQs No Negative Marking START YOUR TEST All content at Kailasha Foundation is free and will always be. Share with friends, challenge them and have fun while learning. That’s why “Fun & Learn”. If you […]

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Accounts Mock Test for CA CPT by KFDN

Instructions:

  1. You have 30 minutes to attempt this test.
  2. All Questions are MCQs
  3. No Negative Marking

START YOUR TEST

All content at Kailasha Foundation is free and will always be. Share with friends, challenge them and have fun while learning. That’s why “Fun & Learn”. If you find any error(s) in this Mock test, then do report from the “Contact Us” tab above on our website. Thanks for being a valuable user. Happy Learning!

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CPT Mock- Test by Kailasha Foundation https://kailashafoundation.org/2017/11/27/cpt-mock/ https://kailashafoundation.org/2017/11/27/cpt-mock/#respond Mon, 27 Nov 2017 05:30:55 +0000 https://kailashafoundation.org/?p=11398 CPT Mock – Test by Kailasha Foundation CPT Mock test is brought to you by Kailasha Foundation- Fun & Learn Portal to help you boost yourself for CPT exam with our specially tailored content from the CPT exam point of view. With this test, we have delivered 200 questions to you in an interactive mock test environment. […]

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CPT Mock – Test by Kailasha Foundation

CPT Mock test is brought to you by Kailasha Foundation- Fun & Learn Portal to help you boost yourself for CPT exam with our specially tailored content from the CPT exam point of view. With this test, we have delivered 200 questions to you in an interactive mock test environment.

Instructions:

  1. You have 120 minutes to attempt this test.
  2. All questions carry equal marks and each correct answer will give you 1 marks.
  3. You will be awarded minus 0.25 marks for each wrong answer.

START YOUR TEST

All content at Kailasha Foundation is free and will always be. Share with friends, challenge them and have fun while learning. That’s why “Fun & Learn”. If you find any error(s) in this mock test, then do report from the “Contact Us” tab above on our website. Thanks for being a valuable user. Happy Learning!

Stay tuned for more such mock tests for preparation of CPT exam.

For Other Mocks Click Here “Accounting – An Introduction”

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ACCOUNTING PROCESS – Test by Kailasha Foundation for CPT https://kailashafoundation.org/2017/11/15/cpt-accounts-test2/ https://kailashafoundation.org/2017/11/15/cpt-accounts-test2/#respond Wed, 15 Nov 2017 11:30:51 +0000 https://kailashafoundation.org/?p=10919 Accounting Process – Test by Kailasha Foundation Accounting Process test is brought to you by Kailasha Foundation- Fun & Learn Portal to help you boost yourself for CPT exam with our specially tailored content from accounting sections. With this test, we have delivered 30 questions to you in an interactive mock test environment. Instructions: You have 10 […]

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Accounting Process – Test by Kailasha Foundation

Accounting Process test is brought to you by Kailasha Foundation- Fun & Learn Portal to help you boost yourself for CPT exam with our specially tailored content from accounting sections. With this test, we have delivered 30 questions to you in an interactive mock test environment.

Instructions:

  1. You have 10 minutes to attempt this test.
  2. All questions carry equal marks and each correct answer will give you 1 marks.
  3. You will be awarded minus 0.25 marks for each wrong answer.

START YOUR TEST

All content at Kailasha Foundation is free and will always be. Share with friends, challenge them and have fun while learning. That’s why “Fun & Learn”. If you find any error(s) in this accounting test, then do report from the “Contact Us” tab above on our website. Thanks for being a valuable user. Happy Learning!

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For Previous Mock Click Here “Accounting – An Introduction”

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Accounting – An Introduction – Test by Kailasha Foundation for CPT https://kailashafoundation.org/2017/10/28/cpt-accounts-test/ https://kailashafoundation.org/2017/10/28/cpt-accounts-test/#comments Sat, 28 Oct 2017 05:30:23 +0000 https://kailashafoundation.org/?p=10034 Accounting – An Introduction – Test by Kailasha Foundation Accounting introduction test is brought to you by Kailasha Foundation- Fun & Learn Portal to help you boost yourself for CPT exam with our specially tailored content from accounting sections. With this test, we have delivered 30 questions to you in an interactive mock test environment. Instructions: You […]

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Accounting – An Introduction – Test by Kailasha Foundation

Accounting introduction test is brought to you by Kailasha Foundation- Fun & Learn Portal to help you boost yourself for CPT exam with our specially tailored content from accounting sections. With this test, we have delivered 30 questions to you in an interactive mock test environment.

Instructions:

  1. You have 10 minutes to attempt this test.
  2. All questions carry equal marks and each correct answer will give you 1 marks.
  3. You will be awarded minus 0.25 marks for each wrong answer.

START YOUR TEST

All content at Kailasha Foundation is free and will always be. Share with friends, challenge them and have fun while learning. That’s why “Fun & Learn”. If you find any error(s) in this accounting test, then do report from the “Contact Us” tab above on our website. Thanks for being a valuable user. Happy Learning!

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Perfect Competition https://kailashafoundation.org/2017/05/13/perfect-competition/ https://kailashafoundation.org/2017/05/13/perfect-competition/#respond Sat, 13 May 2017 06:31:24 +0000 http://kailashafoundation.org/?p=2042 What is Perfect Competition? Learn Perfect Competition in detail in our article. If 3 conditions are fulfilled it is regarded as perfect competition. {1} Large number of buyers and sellers {2} Homogenous product {3} Free entry & exit As stated above that there should be a large number of buyers and sellers So, that no single […]

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What is Perfect Competition? Learn Perfect Competition in detail in our article.

If 3 conditions are fulfilled it is regarded as perfect competition.

{1} Large number of buyers and sellers

{2} Homogenous product

{3} Free entry & exit

As stated above that there should be a large number of buyers and sellers So, that no single seller or buyer can influence the price.

  • Perfect knowledge: In perfect competition buyers & sellers have full knowledge about price, supply & other market conditions
  • Uniform rate: Seller have to accept price decided by industries

# Firms are the price taker.

# industries are the price maker.

Perfect competition is a hypothetical condition however it may be found in

  • Stock exchange
  • Grains market

Notes from the graph:-

Perfect Competition

{1} In perfect competition AR= MR= P= DC

Here AR = Average revenue

MR= Marginal revenue

P = Price

The AR curve is also known as the demand curve.

{2} Industry Demand curve

Downward / Negatively sloped

Firm’s demand curve: Horizontal

  • Firm’s Equilibrium

Under perfect competition, a firm is said to be in equilibrium, At the level at which,

It is earning maximum profit OR minimum loss

Perfect Competiton
Firm’s equilibrium point: –

{1} MC =MR

{2} MC cuts MR from below. {see in the above figure MC curve cuts MR curve at point T and R both but equilibrium point will be considered at R because there MC curve is cutting MR curve below.}

Situation faced by Perfect competition firm :-

 

{1} Short Run

  • Super profit [if AR > ATC]
  • Perfect Competition 3
  • Normal profit [if AR= ATC] ~ No profit & loss

Perfect Competition 4
It is Break Even point.

Here, Firm is called marginal firm.

  • Loss [if AR<ATC]

 

Perfect Competition5

{2} Long Run

→ Only normal profit

→ in long run perfect competition firm earns only normal profit because of Free entry & Exit.

Perfect Competition Perfect Competition

Here, Fig (I) shows that if Firm is earning super profit more firm will come, supply will increase. So, the price will reduce.

Fig (ii) shows that if the firm is incurring loss many firms will exit. Hence supply will decrease. So price will increase.

 

Perfect Competition
the condition for the long run equilibrium of the firm is that the marginal cost should be equal to the price and long run average cost  I.e LMC = LAC =P

The firm adjusts its plant size so as to produce that level of output at which the LAC is the minimum possible .

 

Long Run of the Industry

Perfect Competition

 

In Long Run AR = MR =LAC = LMC at E1 . Since E1 is the minimum point of the LAC curve the firm produces equilibrium output OM at the minimum cost.

Conditions associated with the Long-run equilibrium of the industry:–

  • The output is produced at minimum feasible cost.
  • Consumers pay the minimum possible price which just covers the marginal cost I.e MC =AR
  • Plants are used at a full capacity in the long run So that there is no wastage of resources i.e MC = AC
  • Firmsearns only normal profit.
  • Firms maximize profits (I.e MC =MR ) but level of profits will be just normal .

In other words in the long run,

LAR = LMR = P = LMC = LAC and there will be optimum allocation of resources.

 
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