Commerce online quiz 104

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।)
Intimation regarding appointment of liquidator should be given to the Commissioner within 30 days of
A
Liquidation
B
Cancellation of registration
C
Appointment of Liquidator
D
Order of Court
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Earning Goodwill is..... for business ethics.
A
Need
B
Uses
C
merits
D
None
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Regional rural banks were established in india on the recommendation of which committees.....
A
Recommendations of Narsimham Committee
B
Recommendations of Shivraman committee
C
Recommendations of RG Saraiya Committee
D
Recommendations of RN Mirdha committee
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Assertion(A) Analytical review procedures are useful only at the time of planning of an audit. Reason (R): Analytical reviews are the test of financial information conducted through a study and review of relationship among financial data.
A
Both A and Rare individually true and R is the correct explanation of A
B
Both A and R are individually true, but R is not the correct explanation of A
C
A is true, but R is false
D
A is false, but R is true
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Net present value is a popular method which falls
A
With in non-discount cash flow method
B
With in discount cash flow method
C
Equal With in non-discount cash flow method
D
No discount cash flow
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The satisfactory ratio between share-holder's funds and long terms loan is....
A
1:1
B
2:1
C
3:1
D
4:1
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Profit is a part of
A
Income
B
Owner's capital
C
Assets
D
All of the above
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
How many columns are there in the accession register?
A
10
B
12
C
14
D
16
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Conversion cost includes cost of converting...... into.........
A
Raw material, WIP
B
Raw material, Finished goods
C
WIP, Finished goods
D
Finished goods, Saleable goods
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Unclaimed dividends should be shown in the Balance Sheet of a company under the heading
A
Reserve and Surplus
B
Provisions
C
Current liabilities
D
Miscellaneous items
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Theory 'X' and Theory 'Y' of Motivation was propounded by-
A
Herzberg
B
Maslow
C
Elton Mayo
D
McGregor
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If a dealer paying Tax under Composition scheme in earlier law, switch over to normal scheme in GST, the treatment of Tax element involved in the stock will be:
A
No ITC Credit
B
ITC Credit subject to eligibility
C
Refund of Tax Element
D
None of the Above
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following statements is true in relation to liabilities?
A
Claims against the resources.
B
Currently existing obligations which the firm intends to meet at some time in the future.
C
It must be capable of being expressed in money terms.
D
All of the above
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In GST, a Dealer can apply for the Revocation of the Cancellation of Registration within:
A
Within 90 days from the date of the service of the GSTIN Cancellation Order
B
Within 60 days from the date of the service of the GSTIN Cancellation Order
C
Within 30 days from the date of the service of the GSTIN Cancellation Order
D
Within 15 days from the date of the service of the GSTIN Cancellation Order
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The tenure of the Foreign Trade policy is
A
3 years.
B
5 years.
C
1 year.
D
7 years.
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is the average fixed cost of producing 100 units?
A
Rs.10
B
Rs.30
C
Rs.20
D
Rs.5
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Nominal rate which is quoted to consumers on loans is considered as
A
annual percentage rate
B
annual rate of return
C
loan rate of return
D
local rate of return
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
India is facing continuous deficit in its balance of payments. In the foreign exchange market rupee is expected to
A
Depreciate.
B
Appreciate.
C
Show no specific tendency.
D
Depreciate against currencies of the countries with positive balance of payment and appreciate against countries with negative balance of payment.
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A speculator who expects a rise in price of securities in the future are called as.....
A
bear
B
bull
C
stag
D
lame duck
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
GST council formation based on Article number.....
A
279A
B
289A
C
266A
D
255A E. 286A
There are 20 questions to complete.

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