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Contingencies Questions

Practice 2 Contingencies questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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Practice by Exam:Accountancy(1)CUET Accountancy(1)

About Contingencies — practice questions, PYQs & concepts

Contingencies is a frequently-tested topic on Accountancy, CUET Accountancy. ExamTest.live currently lists 2 Contingencies questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Contingencies weight in competitive exams

Across our Contingencies question bank, the largest sources are Accountancy (1) and CUET Accountancy (1). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 0 easy Contingencies questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
  • Time yourself: Every question shows the average solve time so you can benchmark your speed against other students.
  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Contingencies Questions(1–2 of 2)

Filter:
Q1mediummcqAccountancyCUET Accountancy 2025 22 May Shift 12026
Dissolution of a firm takes place on the happening of certain contingencies in the following cases:(A) By the death of a partner
(B) By the adjudication of a partner as an insolvent
(C) When the business of the firm becomes illegal
(D) If constituted for a fixed term, by the expiry of that termChoose the correct answer from the options given below:
Q2mediummcqCUET AccountancyCUET Accountancy 2025 2 June Shift 22026
According to the Indian Partnership Act, 1932, and subject to a contract between the partners, a firm can be dissolved upon the occurrence of certain contingencies. These include:(A) If constituted for a fixed term, by the expiry of that term.(B) If constituted to carry out one or more ventures, by the completion thereof.(C) By the death of a partner.

Frequently Asked Questions

How many Contingencies questions are on ExamTest.live?▼
We have 2 Contingencies questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Contingencies MCQs free?▼
Yes. All Contingencies questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Contingencies questions?▼
Contingencies questions are commonly asked in Accountancy, CUET Accountancy. You can filter by exam using the links above.
How do I practice Contingencies questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.