Commerce online quiz 119

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।)
If an average inventory is 2000 units, annual relevant carrying cost of each unit is $5, then annual relevant carrying cost will be
A
$5, 000
B
$4, 500
C
$5, 500
D
$6, 000
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The human effort applied to the production of goods is called in economics
A
Labour
B
Skill
C
Experience
D
Service
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Element of promotion mix
  1. Personal selling
  2. Sales promotion
  3. Public relations
  4. Direct mail
  5. Trade fairs and exhibitions
  6. Advertising
A
i, ii, iii and iv
B
ii, i, iv and v
C
iii, iv, v and vi
D
All of the above
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.....expenses are partly fixed and partly variable.
A
All expenses
B
variable
C
fixed
D
semi-variable
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the rate applicable under CGST to a registered person being a hotelier opting to pay taxes under composition scheme?
A
1%
B
0.50%
C
2.5%
D
None of the above
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Paperless office calls for-
A
Minimum record keeping
B
Maximum use of telephone
C
Maximum use of computers
D
Elimination of reporting
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
General Insurance Corporation of India was set up in-
A
1956
B
1972
C
1980
D
2000
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following is a retail banking product?
A
Home Loans
B
Working capital finance
C
Corporate Term loans
D
All the above
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which can be a method of privatisation? i. Disinvestment ii. Denationalisation iii. Purchasing Share iv. Takeover v. Merger
A
(i) and (ii)
B
(i), (ii) and (iii)
C
(ii), (iv) and (v)
D
All of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The maximum rate prescribed under IGST now is.....
A
5%
B
12%
C
18%
D
28% E. No such limit
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What will be the composition of AAR for each states?
A
One Member from CGST and One Member from SGST
B
2 Members from CGST and One Member from SGST
C
2 Members from CGST and 2 Members from SGST
D
3 Members from CGST and 2 Members from SGST
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
'What is cross rate?
A
A rate of exchange derived from Central Bank
B
A rate of exchange between two currencies, other than those that form a market's principal rates
C
A rate of exchange derived from the quotations for buying currencies
D
A rate of exchange quoted by a dealer in foreign exchange for selling currencies
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Stage of PLC
  1. Introduction
  2. Growth
  3. Accessible
  4. Maturity
  5. Decline
  6. Attitude
A
i, ii, iii and iv
B
ii, iii, iv and v
C
i, ii, iv and v
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।)
If NM shipping Co. located in Chennai charges ocean freight charges for transport of goods to California for a customer located in Bangalore, the place of supply of service will be
A
Chennai
B
California
C
Bangalore
D
Delhi
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Stock Adjustment Account is debited with.....and credited with.....
A
Surplus, shortage of stock
B
shortage of stock, surplus
C
excess, loss
D
none of these
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Macro marketing environment include
  1. Culture
  2. Politics
  3. Economy
  4. Society
  5. Technology
A
i, ii, iii and iv
B
ii, iii, iv and v
C
iii, iv, v and vi
D
All of the above
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In Kaizen budgeting, costs are based on all improvements which is
A
to be implemented
B
based on current practice
C
based on past prices
D
based on sold quantity
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Memorandum of Association shall be signed by each:
A
director
B
shareholder
C
subscriber
D
promoter and director
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following represents the rate at which a company can grow from internal sources?
A
return on assets
B
sustainable growth rate
C
adjusted EPS
D
return on equity
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If the refund claim is fully or partially rejected the amount would.....
A
lapse
B
be carried forward
C
be refunded
D
none of the above
There are 20 questions to complete.

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