Commerce online quiz 123

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।)
Put into chronological order on the basis of development: l. Law of demand
  • Law of indifference
  • Law of diminishing marginal utility
  • Revealed preference curve
  • Indifference curve
  • A
    1 3 4 2 5
    B
    1 5 3 4 2
    C
    1 3 2 5 4
    D
    1 2 3 4 5
    Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Which one is an offline payment mode?
    A
    Cash on delivery
    B
    Cash before delivery
    C
    Credit card
    D
    Both a and b
    Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    In case of retirement of a partner, the total amount of good will is credited to the account of-
    A
    The retiring partner only
    B
    The remaining partners only
    C
    All the partners
    D
    None of these
    Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Business risks can be.....
    A
    avoided
    B
    reduced
    C
    ignored
    D
    erased
    Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    When the price of a substitute of X commodity falls, the demand for X
    A
    Rises
    B
    Falls
    C
    Remains unchanged
    D
    Any of the above
    Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    budget gives different budgeted costs for different levels of activity.
    A
    Master
    B
    Fixed
    C
    Flexible
    D
    all of these
    Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Gross profit is equal to
    A
    Opening stock + purchases-closing stock
    B
    Net profit-expenses
    C
    Sales-Closing stock + purchases
    D
    Sales-Cost of goods sold
    Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Smart card
    A
    has an embedded circuit with micro processor chip embedded in it so that it could perform calculations maintain records and act as electronic pursue
    B
    has built in facility for protection against fraudulent operations
    C
    can either be rechargeable or exchangeable
    D
    All
    Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    LIFO method of pricing of materials is more suitable when.....
    A
    material prices are rising
    B
    material prices are falling
    C
    material prices are constant
    D
    material prices are fluctuating
    Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Which of the following statement is true
    A
    The currency notes issued by RBI are legal tender throughout the world.
    B
    The treasury bills are sold by the RBI for raising its working capital.
    C
    All commercial banks, including those owned by government, do not need a licence from the RBI to do banking business.
    D
    The RBI is a banker to both central and state governments
    Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Under law of demand
    A
    Price of commodity is an independent variable
    B
    Quantity demanded is a dependent variable
    C
    Reciprocal relationship is found between price and quantity demanded
    D
    All of the above
    Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Which of the following an accurate statement about internet phone calls?
    A
    They are possible but not yet free
    B
    They are not possible
    C
    They are currently standard practice
    D
    None of the above is an accurate statement about internet phone calls
    Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Statement of cash flows are included
    A
    operating activities
    B
    investing activities
    C
    financing activities
    D
    all of above
    Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Over-capitalization results from.....
    A
    payment of excessive amount for goodwill
    B
    underestimating the rate of capitalization
    C
    raising more money than can be profitably used
    D
    raising only the money
    Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    In banking world when a loan given by a bank to an individual or organization is not returned by the borrower wishingly or otherwise, it is known as.....
    A
    Standard Asset
    B
    Non-Performing Asset
    C
    Over Draft
    D
    None of the above
    Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    ..... is the withdrawal of cash and goods by the owner of the business for his/her personal use
    A
    Depreciation
    B
    Drawings
    C
    Outflow of cash
    D
    Appreciation
    Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Which one of the following factors does NOT influence wage and salary structure?
    A
    Demand Supply
    B
    Cost of living
    C
    Job rotation
    D
    Job requirements
    Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    The allocation of the cost of a tangible plant asset to expense in the periods, in which services are received from the asset, is termed as
    A
    Appreciation
    B
    Depreciation
    C
    Fluctuation
    D
    None of the above
    Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    A major difference between individual and institutional investors is their very different.....
    A
    approaches to market analysis
    B
    evaluations of return
    C
    time horizons
    D
    types of securities held in their portfolios
    Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
    Using 'lower of cost and net realisable value' for the purpose of inventory valuation is the implementation of which of the following concepts?
    A
    The going concern concept
    B
    The separate entity concept
    C
    The prudence concept
    D
    Matching concept
    There are 20 questions to complete.

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