I'm able to create question paper using LaTeX code mentioned below:
\documentclass{exam}
\usepackage[margin=0.7in,headheight=3.5\baselineskip,headsep=1\baselineskip,includehead]{geometry}
\usepackage{multicol}
\usepackage{amsmath}
\setlength\columnsep{46pt}
\begin{document}
\begin{multicols}{2}
\begin{questions}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question. Let This be the test question.Let This be the test question. Let This be the test question.
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\question The points with position vectors\ $\displaystyle \boldsymbol{61i + 2j,\,10i-9j,\,ai-12j }$ \ are collinear, if\ $\displaystyle \boldsymbol{a = }$
\begin{choices}
\choice 1
\choice 2
\choice 3
\choice 4
\end{choices}
\end{questions}
\end{multicols}
\end{document}
It generates output as mentioned below:

If you notice Question 9, it's going out of the page margin. This happens very frequently when i add maths symbols, is there any way to avoid this error ?






\bmfrom thebmpackage instead of\boldsymbol– karlkoeller Nov 23 '13 at 05:33$1, 2, 3, \ldots, n$, but use$1$,~$2$, $3$, \dots,~$n$instead since the commas do not* belong to the actual math content*. One of the disadvantages of writing everything inside$is the one you see. Note also that commas produce less space inside math mode. – Bakuriu Nov 23 '13 at 10:56