Commerce online quiz 100

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which committee proposed to raise the compulsory insurance of bank deposits up to 5 Lakhs?
A
Aravind Mayaram
B
Usha Thorat
C
Damodaran
D
Syamala Gopinath
Question 2
The production function expresses the relationship between?
A
Cost and benefit
B
Stock and flow variables
C
Demand and supply
D
Input and output
Question 3
Donations received for the special purpose will be taken to the-
A
Income and Expenditure Account
B
Assets side of the Balance Sheet
C
Liabilities side of the Balance Sheet
D
Receipts and Payments Account
Question 4
All of the following are goals of Internet 2 except.....
A
Creating a leading-edge very high-speed network capability for the national research community
B
Eliminating censorship from the Internet
C
Enabling revolutionary Internet applications
D
Ensuring the rapid transfer of new network services and applications to the broader Internet community
Question 5
The surplus generated by co-operatives is distributed in the form of.....
A
Cash and kind
B
Dividend and profit
C
Profit and dividend
D
Dividend and bonus
Question 6
The liability of members of a co-operative society is.....
A
limited to the amount of nominal value of capital held
B
limited to the amount of paid up value of the capital held
C
unlimited
D
limited or unlimited depending upon what the society has opted for it
Question 7
Among the following methods, which is not the non-probability sampling method
A
Convenient sampling
B
Quota sampling
C
Judgement sampling
D
Systematic sampling
Question 8
Which of the following is the most common cause of bad debt?
A
Debtor refusal to repayment
B
Debtor left the country
C
Debtor committed a crime
D
Debtor declared to be a bankrupt
Question 9
Which of the following is the Qualitative parameter of Key Performance Indicators For Public Sector Banks?
A
Return on Assets
B
NIM (Domestic)
C
Cost (Overhead) as % of total income
D
Efforts made to conserve capital
Question 10
Every factor of production gets rewarded equal to its
A
Cost
B
Marginal product
C
Price
D
Increasing return
Question 11
A decrease in demand causes the equilibrium price to
A
Rise
B
Fall
C
Remain constant
D
Indeterminate
Question 12
The following method does not result in sharing of an exchange risk between importer and exporter
A
Denominating in a third currency.
B
Denominating partly in importer's currency and partly in exporter's currency.
C
Entering a exchange rate clause in the contract.
D
Denominating in domestic currency.
Question 13
At the time of admission of a new partner the capital brought by him is shared among existing partners...
A
equally
B
on me basis of capital of the older partners
C
on the basis of sacrifice done
D
untrue statement
Question 14
Which of the following would NOT be considered as a component of 'cost' of stock?
A
Transportation inward costs
B
Import duties
C
Salaries of selling staff
D
Purchase price
Question 15
The franc is said to be selling at a.... if the spot dollar price is $0.48 and the ninemonth forward rate is $0.42.
A
forward discount
B
forward premium
C
forward spread
D
none of the above
Question 16
Type of budget, which is always available for specified period of future is called
A
period budget
B
batch budget
C
discontinued budget
D
continuous budget
Question 17
By limited partnership is meant?
A
Limited number of partners
B
Unlimited liability of all partners
C
Limited scope of partnership
D
Limited liability of some partners
Question 18
Shares issued to the existing share holders on a pre-emptive basis is.....
A
bonus shares
B
right issue
C
new issue
D
secondary market
Question 19
.....is not the scope of Cost Accountancy.
A
Ascertaining cost
B
cost accounting
C
cost control
D
tax planning
Question 20
In internal rate of returns, discount rate which forces net present values to become zero is classified as
A
positive rate of return
B
negative rate of return
C
external rate of return
D
internal rate of return
There are 20 questions to complete.

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