Commerce online quiz 141

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।)
'Table A' is an alternative to.....
A
Prospectus
B
Articles of Association
C
Memorandum of Association
D
None of the above
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.....budget may be classified into material cost budget, labour cost budget and overhead budget.
A
Cost of Production
B
purchase
C
sales
D
Cash
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Within how many days a person should apply for registration?
A
Within 60 days from the date he becomes liable for registration.
B
Within 30 days from the date he becomes liable for registration.
C
No Time Limit
D
Within 90 days from the date he becomes liable for registration.
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Shares or stocks which are protected against withdrawals of funds by an original stock owners are classified as
A
protected shares
B
founders shares
C
withdrawal shares
D
original shares
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In the first round 14 major banks with a liability base of.... were nationalized:
A
10 crore or more
B
20 crore or more
C
50 crore or more
D
100 crore or more
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a part of its name as per:
A
Section 7 of Banking Regulation Act
B
Section 7 of RBI Act
C
Section 7 of SEBI Act
D
Section 7 of Nationalization Act
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The books and other records U/S 35 are to be maintained at
A
Place where the books and accounts are maintained
B
Place of address of the Proprietor/ Partner/Director/Principal Officer
C
Principal place of business mentioned in the Certificate of Registration
D
Any of the above
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Inventory turnover ratio = Cost of inventory consumed during the period $\div$ Cost of.....held during the period
A
Average inventory
B
minimum inventory
C
maximum inventory
D
none of these
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following committees is associated with reforms in small industries?
A
K. L. Rekhi Committee
B
R. Chelliah Committee
C
Abid Hussain Committee
D
None of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Total common equity divided by common shares outstanding which is used to calculate
A
book value of share
B
market value of shares
C
earning per share
D
dividends per share
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Critique of Political Economy, the first fruits of Karl Marx's long painstaking research at the British Museum, appeared in
A
1859
B
1857
C
1855
D
1853
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The bonus issue is made to make the nominal value and the..... value of the shares of the company.
A
Face
B
Market
C
Stock
D
Real
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Select the incorrect statement/statements about the co-operative banks in India from given choices:
  1. Co-operative banks are small sized units organized in the cooperative sector, which operate both in urban and no
A
Only I
B
Only II
C
Both I and II
D
Neither I and II
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Default free financial security sells by U.S treasury is classified as
A
U.S treasury bills
B
commercial paper
C
certificate of deposit
D
mutual funds
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Time and motion study is conducted by.....
A
time keeping department
B
personnel department
C
payroll department
D
engineering department
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the basic objective of setting up settlement Commission?
A
To give alternative channel for dispute settlement
B
To expedite GST payment and to avoid litigation
C
To give an option for voluntary disclosure
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।)
Which of the following is CORRECT with respect to resources?
A
Money is a capital good
B
Human skills are a labour input
C
Entrepreneur is part of the labour input
D
Natural resources include human input
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
----deals with accounting for investments.
A
AS 11
B
AS 12
C
AS 13
D
AS 14
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Business which has centralized registration under existing act.
A
Shall obtain a centralized registration under GST Law.
B
Shall obtain separate registration in each state from where it is making taxable supplies
C
Shall obtain registration on temporary basis.
D
No need to apply for registration under GST.
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The provision for bad debts account represents
A
Some of the profit
B
some of the credit withheld
C
the total of actual bad debts,
D
the total amount owing to the business
There are 20 questions to complete.

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