10000 MCQ /questions on commerce questions answers
A cheque is considered as stale when if has been in circulation for
more than forty eight hours
more than one year
more than six months unless otherwise specified
more than three months
Which Stock Exchange was the first to introduce a transparent, screen-based trading system in the wholesale debt market including govt. securities in 1994?
Bombay Stock Exchange
Delhi Stock Exchange
National Stock Exchange
Jaipur Stock Exchange
Bonus shares can be issued by a company
Out of the Reserves created by revaluation of fixed assets
Out of share premium not collected in cash
Without any provision for it in the Articles of Association of the company
Out of free reserves built out of genuine profit
In case a particular word is not defined in the CGST Act, then it is possible to refer to:
Companies Act, 1956
Companies Act, 2013,
Companies Act, 1913
General Clauses Act, 1897
More MCQs on Foreign Exchange Management 1. Which of the following is not an example of an international trade draft?
Both the first and second answers are correct
On 9th October 2013 RBI has announced set up a Technical Committee under the chairman ship of..... to examine the feasibility of encrypted SMS-based fund transfers.
Raghu Ram Rajan
There are a few basic factors which may be applied in winning the hearts of the readers. They are
Psychological factor, environmental factor, social factor
Self factor, psychological factor, service factor
Service factor, philosophical factor, self factor
Technological factor, service factor, self factor.
What is the required minimum worth of any NBFC (Non Banking Financial Company) should have to set up White Label ATMs?
Present value of portfolio is Rs 1300 and current value of stock in portfolio is Rs 2300 then current option price will be
Rs 3, 600.00
Rs 1, 000.00
Rs 1, 250.00
Rs 1, 500.00
In activity based costing method implementation, indirect costs are allocated by using the
no cost pool
One or two cost pools
The true cost of hedging transaction exposure by using forward market is
Difference between agreed rate and spot rate at the time of entering into contract.
Difference between agreed rate and spot rate on the due date of contract
Forward premium / discount annualized.
None of the above.
..is not the scope of Cost Accountancy.
..... will generally show a debit balance
Bad debts recovered
Who are the persons liable to furnish information return? (i) Taxable person (ii) Income Tax Officer (iii) Sub Registrar (iv) Banking Company (v) GST Network Codes:
i, ii, iii & v
i, ii, iv & v
ii, iii, iv & v
i, ii, iii, iv & v
A Special Audit is conducted with prior permission of the Commissioner for a detailed examination on a focused issues like:
Incorrect declaration of the Transaction Value
Credit availing above the normal limits
Any of the above (A) or (B)
None of the above
Under the P/E model, stock price is a product of.....
EPS and DPS
P/E ratio and EPS
EPS and required return
P/E ratio and required return
Closing stock appearing in the Trial Balance is shown in-
Balance Sheet only
Trading Account only
Trading Account and Balance Sheet both
None of the above
Expand the term ALM as used in Banking / Finance sector?
Asset Liability Mismatch
Asset Liability Maturity
Asset Liability Management
Asset Liability Manpower
An equity multiplier is multiplied to return on assets to calculate
return on assets
return on multiplier
return on turnover
return on stock
A collection of investment tools such as stocks, shares, mutual funds, bonds, cash and so on depending on the investor's income, budget and convenient time frame. The art of selecting the right investment policy for the individuals in terms of minimum ri
There are 20 questions to complete.