Commerce online quiz 1

By | August 21, 2018

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10000 MCQ /questions on commerce questions answers

Question 1 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Factory overhead can be charged on the basis of.....
A
material cost
B
labour cost
C
prime cost
D
direct expenses
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Departmentalization of overhead is known as.....
A
primary distribution
B
secondary distribution
C
absorption
D
allocation
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of these is not a Material control technique:
A
ABC Analysis
B
Fixation of raw material levels
C
Maintaining stores ledger
D
Control over slow moving and non moving items
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A
RBI advances money to public whenever there is any emergency
B
Commercial banks give fund to the RBI
C
RBI advances necessary credit against eligible securities
D
All of the above
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which is the other name that is given to the average revenue curve?
A
Profit curve
B
Demand curve
C
Average cost curve
D
Indifference curve
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In case of..... layout, production is carried on in special purpose machine.
A
functional
B
product
C
stationary
D
combined
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following statements regarding 'financial literacy' is not true?
A
Its objective is to make people aware of the risks and rewards of investments so that they can make an informed choice.
B
India has a formal nationwide structured financial education programme.
C
This would enhance the effectiveness and integrity of financial markets.
D
It reduces the government burden in protecting the common person from elements of market failure.
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A representative firm works under..... conditions.
A
average
B
ideal
C
bad
D
good
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
ATM cards are issued to a person who maintains any of following accounts with the bank
A
Savings Bank Accounts
B
Current Accounts
C
Term Deposits
D
Both (a) and (b)
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If budget sales units are 5000, ending inventory is 4000 units and beginning inventory is 1000, then budget production will be
A
4000 units
B
5000 units
C
8000 units
D
10000 units
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If two goods are complements, this means that a rise in the price of one commodity will induce
A
An upward shift in demand for the other commodity
B
A rise in the price of the other commodity
C
A downward shift in demand for the other commodity
D
No shift in the demand for the other commodity
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An asset that is NOT physical in nature is called
A
Intangible asset
B
Liquid asset
C
Current asset
D
Fixed asset
There are 12 questions to complete.

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