1. Who developed Tally software?

A) Microsoft
B) Infosys
C) Tally Solutions Pvt. Ltd.
D) Oracle
Answer: C) Tally Solutions Pvt. Ltd.
2. Which shortcut key is used to activate the company features in
Tally Prime?
A) F11
B) Ctrl + F9
C) Alt + F10
D) Shift + F4
Answer: A) F11
3. Which of the following is the default ledger in Tally?
A) Capital Account
B) Sales Account
C) Cash and Profit & Loss Account
D) Sundry Creditors
Answer: C) Cash and Profit & Loss Account
4. What is the shortcut key to creating a company in Tally Prime?
A) Alt + F3
B) Ctrl + F1
C) Shift + C
D) F5
Answer: A) Alt + F3
5. How many groups are pre-defined in Tally?
A) 20
B) 25
C) 28
D) 30
Answer: C) 28
6. Which of the following statements about Tally is true?
A) Tally is only used for payroll management
B) Tally does not support GST calculations
C) Tally helps in inventory, accounting, and tax management
D) Tally is only available in India
Answer: C) Tally helps in inventory, accounting, and tax
management
7. What is the shortcut key to open the Day Book in Tally Prime?
A) K
B) F4
C) Ctrl + F5
D) Shift + D
Answer: K
8. Which function in Tally helps in generating GST reports?
A) Inventory Reports
B) Compliance Reports
C) Tax Ledger
D) GST Auto Calculation
Answer: D) GST Auto Calculation
9. What is the full form of Tally?
A) Total Account Ledger
B) Tax and Account Ledger Yearly
C) Transactions Allowed in a Linear Line Yards
D) None of the above
Answer: C) Transactions Allowed in a Linear Line Yards
10. 15) How do you view the trial balance in Tally Prime?
A) By selecting “Reports” under Gateway of Tally
B) By selecting “Trial Balance” under “Accounting Vouchers”
C) By pressing F3
D) By opening the “Account Info” section
Answer: A) By selecting “Reports” under Gateway of Tally
11. Which of the following is used to create inventory groups in
Tally?
A) Inventory Master
B) Stock Group
C) Stock Item
D) Godown
Answer: B) Stock Group
12. How is GST calculated in Tally Prime?
A) Manually during voucher entry
B) Automatically based on the GST settings
C) By creating a tax ledger
D) By enabling the GST feature
Answer: B) Automatically based on the GST settings
13. What is the purpose of the “Stock Summary” report in Tally?
A) To check the profitability of the business
B) To check the financial position of the company
C) To view the details of inventory items
D) To reconcile bank statements
Answer: C) To view the details of inventory items

14. What is the shortcut key to create a sales invoice in Tally

Prime?
A) F8
B) Alt + F8
C) Ctrl + S
D) Shift + S
Answer: A) F8
15. How do you delete a voucher in Tally Prime?
A) By pressing Alt + D
B) By pressing Ctrl + D
C) By pressing F4
D) By pressing Shift + D
Answer: A) By pressing Alt + D
16. What is the function of the “Day Book” in Tally?
A) To record all transactions of the day
B) To create journal entries
C) To analyze the sales and purchase transactions
D) To generate profit and loss statements
Answer: A) To record all transactions of the day
17. Which key is used to exit from a voucher in Tally Prime?
A) Esc
B) Ctrl + Q
C) Alt + F4
D) Shift + X
Answer: A) Esc
18. How can you track outstanding payments from customers in
Tally?
A) By using the “Sundry Debtors” report
B) By checking the trial balance
C) By generating a purchase order
D) By viewing the cash flow report
Answer: A) By using the “Sundry Debtors” report
19. What is the function of “Group” in Tally?
A) To categorize accounts into subgroups
B) To create different ledgers
C) To analyze sales reports
D) To track financial status
Answer: A) To categorize accounts into subgroups
20. Which shortcut key is used to alter a ledger in Tally?
A) Ctrl + ENTER
B) Ctrl + E
C) Alt + A
D) Shift + A
Answer: A) Ctrl + ENETR
21. In Tally Prime, how can you generate a report showing the
details of sales for a specific period?
A) By opening the “Sales Register” report
B) By using the “Purchase Voucher”
C) By entering the sales date in the “Ledger” report
D) By applying the date filter in the “Stock Summary”
Answer: A) By opening the “Sales Register” report
22. What type of reports can be viewed using the “Accounting
Reports” section in Tally?
A) Profit & Loss, Balance Sheet
B) Bank Reconciliation
C) Ledger Summaries, Trial Balance
D) All of the above
Answer: D) All of the above
23. Which of the following is the shortcut to print a voucher in
Tally?
A) Alt + P
B) Ctrl + P
C) Shift + P
D) F8
Answer: B) Ctrl + P
24. How do you enable GST in Tally Prime?
A) By going to “Accounting Features” and enabling GST
B) By creating a GST ledger manually
C) By importing GST settings from the government portal
D) GST is enabled by default in Tally Prime
Answer: A) By going to “Accounting Features” and enabling GST
25. What does Tally Prime automatically do when GST is
enabled?
A) It generates all reports related to GST automatically
B) It creates tax ledgers based on the settings
C) It updates the transactions directly to the GST portal
D) It calculates GST only during sales transactions
Answer: B) It creates tax ledgers based on the settings
26. What is the shortcut key for the “Bank Reconciliation” report
in Tally?
A) F5
B) Alt + F4
C) Ctrl + F5
D) Alt + F6
Answer: D) Alt + F6
27. In Tally, how can you change the voucher date while creating
a voucher?
A) By pressing F2
B) By changing it manually in the voucher
C) By altering the system date
D) The date cannot be changed once the voucher is created
Answer: A) By pressing F2
28. What does Tally Prime automatically calculate during
voucher entry?
A) GST values
 B) Profit and loss
C) Bank balance
D) Stock values
Answer: A) GST values
29. How can you track the purchases from different suppliers in
Tally?
A) By using the “Purchase Register” report
B) By using “Supplier” ledgers
C) By using the “Sundry Creditors” report
D) All of the above
Answer: D) All of the above
30. Which voucher type is used for recording the receipt of cash
in Tally Prime?
A) Receipt Voucher
B) Payment Voucher
C) Journal Voucher
D) Contra Voucher
Answer: A) Receipt Voucher
31. In Tally Prime, what is the function of the “Cost Centre” in
reporting?
A) To track different revenue and expense categories
B) To group the inventory items
C) To categorize transactions based on departments or projects
D) To calculate profit margins
Answer: C) To categorize transactions based on departments or
projects
32. What is the shortcut to applying a filter for viewing reports
based on specific dates in Tally?
A) Alt + F3
B) F2
C) Ctrl + D
D) Shift + D
Answer: B) F2
33. What is the function of the “Bank Reconciliation” feature in
Tally Prime?
A) To reconcile bank statements with the entries in Tally
B) To create bank payment vouchers
C) To manage fixed deposits
D) To generate bank balance reports
Answer: A) To reconcile bank statements with the entries in Tally
34. How do you record a “Purchase Return” in Tally?
A) By using a Debit Note Voucher
B) By using a Journal Voucher
C) By using a Payment Voucher
 D) By using a Receipt Voucher
Answer: A) By using a Debit Note Voucher
35. How can you view a detailed ledger in Tally?
A) By going to “Display More Reports” and selecting “Accounts Book
” then click on “Ledgers”
B) By accessing the “Voucher Entry” screen
C) By viewing the “Account Groups” section
D) By using the “Cost Centre” option
Answer: A) By going to “Display More Reports” and selecting
“Accounts Book ” then click on “Ledgers”
36. What does the “Tally Vault” feature do?
A) It stores confidential company data in an encrypted format
B) It helps in backup management
C) It is used for creating inventory reports
D) It allows multi-user access
Answer: A) It stores confidential company data in an encrypted
format
37. Which of the following reports can be accessed to view the
overall profit or loss of a company?
A) Trial Balance
B) Profit and Loss Account
C) Stock Summary
D) Day Book
Answer: B) Profit and Loss Account
38. How does Tally handle “Tax Deducted at Source” (TDS)
calculations?
A) By creating a separate tax ledger for TDS
B) By configuring TDS settings in the “Tax Configuration”
C) By automatically generating TDS entries during voucher entry
D) All of the above
Answer: D) All of the above
39. What is Tally Prime?
A) A spreadsheet software
B) An accounting software
C) A word processing software
D) A web browser
40. Which of the following is a feature of Tally Prime?
A) VIDEO EDITING
B) FINANCIAL MANAGEMENT
C) GRAPHIC DESIGN
D) GAMING
41. Tally Prime allows you to manage which of the
following?
A) INVENTORY
 B) VIDEO FILES
C) SOCIAL MEDIA FILES
D) MUSIC FILES
42. WHICH OF THESE IS USED RECORD TRANSACTION IN TALLY?
A) JOURNAL
B) VIDEO EDITING
C) WORD DOCUMENTS
D) AUDIO FILES
43. IN TALLY PRIME “THE GATEWAY OF TALLY IS”?
A) THE DASHBORAD FOR ACCESSING ALL OPTION
B) A SPECIFIC REPORT
C) A DATA BACKUP TOOL
D) A SHORTCUT KEY FEATURES
44. WHICH of the following is not a type of voucher in Tally Prime?
A) SALES VOUCHERS
B) RECEIPT VOUCHERS
C) PAYMENT VOUCHERS
D) PICTURE VOUCHERS
45. What does the 'Inventory Management' feature in Tally Prime
help with?
A) Tracking and managing stocks
B) Editing documents
C) Organizing emails
D) Social media marketing
46. Which module in Tally Prime is used for calculating taxes?
A) GST
B) PAYROLL
C) INVENTORY
D) EMAIL
47.