Commerce online quiz 144

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which type of classification is based on the area of operation?
A
Alphabetical classification
B
Numerical classification
C
Subject wise classification
D
Geographical classification
Question 2
A Sub-Committee of the Central Board of the Reserve Bank was constituted to study issues and concerns in the MFI sector under the chairmanship of.....
A
Ms Usha Thorat
B
Shri Y. H. Malegam
C
Ms Shyamala Gopinath
D
Shri Anand Sinha
Question 3
Currency notes deposited in the currency chest are the property of....?
A
Respective bank
B
RBI
C
SBI
D
Government of India
Question 4
Operating leverage =.....
A
contribution / EBIT
B
contribution / EBT
C
contribution / total expenses
D
contribution / operating PBT
Question 5
..... card is read only.
A
Contact smart card
B
Contactless smart card
C
Proximity smart card
D
Both B and C
Question 6
Added value is the change in.....
A
Market value
B
cost
C
income
D
none of the above.
Question 7
Who are mandatorily required to obtain registration?
A
Every Person
B
For an agriculturist or exclusively engaged in supplying exempt goods or services is not required and for others if specified threshold limit exceeds in a financial year
C
Not required for an agriculturist or person exclusively engaged in supplying exempt goods or services
D
No, only if specified threshold exceeds in a financial year then only need to obtain
Question 8
idered as
A
Liability
B
Asset
C
Expenses
D
Income
Question 9
Suppose, a Person has a Permit to operate a business venture. But, he refrain from operating such a business venture as per a contract between the other business man in the same line of business for a consideration. Whether it is a Taxable Supply of Serv
A
Yes
B
No
C
A Contract Void Abinitio
D
Exempted
Question 10
If the intimation is delayed to the Commissioner, then the retiring partner is liable to pay tax dues till:
A
The date of intimation to the Commissioner
B
Till the date of acceptance of intimation by the Department
C
Till the date of retirement
D
Till the date of show cause notice
Question 11
Relationship between risk and required return is classified as
A
security market line
B
required return line
C
market risk line
D
risky return line
Question 12
Which of the following is a fully-owned subsidiary of RBI?
A
NHB
B
DICGC
C
BRBNMPL
D
All of the above
Question 13
A foreign currency account maintained by a bank abroad is its
A
nostro account
B
vostro account
C
loro account
D
foreign bank account
Question 14
Who will be the final fact finding authority in a tax case?
A
FAA
B
Tribunal
C
HC
D
SC
Question 15
In retention growth model, percent of net income firms usually pay out as shareholders dividends is classified as
A
payout ratio
B
payback ratio
C
growth retention ratio
D
present value of ratio
Question 16
Relationship between risk free asset and a single risky asset are always
A
linear
B
non-linear
C
efficient
D
effective
Question 17
..... is raised in capital markets.
A
Funds through long term securities
B
Long term loans through Govt. securities
C
Medium term loans
D
Short-term instruments
Question 18
What does Deficit financing mean?
A
Government of India borrows from World Bank
B
Government of India borrows from IMF
C
Government of India borrows from SBI
D
Government of India borrows from RBI
Question 19
If someone has a small business dealing in paper goods, what are the minimum and maximum help one can get from MUDRA?
A
smaller loans upto 100, 000/ under the 'Shishu' category and beyond 100, 000 and upto 10 lakh under the 'Kishor' category
B
smaller loans upto 200, 000/ under the 'Shishu' category and beyond 200, 000 and upto 10 lakh under the 'Kishor' category
C
smaller loans upto 100, 000/ under the 'Shishu' category and beyond 100, 000 and upto 5 lakh under the 'Kishor' category
D
Smaller loans upto 50, 000/ under the 'Shishu' category and beyond 50, 000 and upto 5 lakh under the 'Kishor' category
Question 20
RBI's high level working group has suggested forming a Financial Resolution Authority (FRA) that would be responsible for the resolution of failed and distressed financial institutions in India. The group headed by?
A
Raghuram Rajan
B
P. J. Nayak
C
Anand Sinha
D
K. C. Chakravarthy
There are 20 questions to complete.

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