Commerce online quiz 152

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।)
Organisation is the foundation of management.'' This statement is given by-
A
Henry Ford
B
Haney
C
Keeling
D
Lansberry Fish
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Higher level of production leads to
A
higher repair cost
B
higher setup cost
C
lower repair cost
D
higher setup cost
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The balance of payments of a country on current account is equal to
A
Balance of trade plus short term
B
Balance of trade plus net invisible exports
C
Balance of payment minus capital flows
D
Balance of invisible trade plus imports
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Audit fess is a part of.....
A
works on cost
B
selling overhead
C
distribution overhead
D
administration overhead
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Commission to promote credit sale by consignee is known as
A
Del credere commission
B
Over riding commission
C
Ordinary commission
D
Special commission
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following ratios is likely to be affected the most on account of price level changes?
A
Current Ratio
B
Inventory Turnover Ratio
C
Debtors' Turnover Ratio
D
Fixed Assets Turnover Ratio
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Translation loss is
A
A loss to the parent company.
B
A loss to the subsidiary company.
C
A notional loss.
D
An actual loss.
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Exchange rate between currency A and currency B, given the values of currencies A and B with respect to a third currency is known as
A
Golden standard
B
Flexible exchange rate
C
Fixed exchange rate
D
Cross exchange rate A
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Capital gain is Rs 2 and beginning price is Rs 24 then capital gains yield will be
A
22.00%
B
24.00%
C
14.00%
D
12.00%
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Place of supply where the goods are assembled or installed?
A
Place of supplier
B
Place of recipient
C
Place of transporter
D
Place of the such assembly or installation
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following cannot be called as a value Added Service offered by bank?
A
Special Accounts for poor sections of society
B
Accident Insurance Cover
C
Instant credit of outstations cheques
D
Free cheque books
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
RBI issued uniform accounting standards for ARCs with regard to acquiring non-performing loans, recognizing revenue and management fees to ensure common treatment for firms. ARC stands for?
A
Asset Roll Companies
B
Area Reconstruction Companies
C
Asset Reconstruction Companies
D
Asset Reconstruction Co-ordinates
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When will the inputs and/or capital goods sent to job-work become a supply?
A
When the inputs and/or capital goods sent to job-worker are not received within 1 year or 3 years respectively
B
When the inputs and/or capital goods sent to job-worker are not supplied, with or without payment of ta, x from the job-workers place within 1 year or 3 years respectively
C
Both under (a) or (b)
D
None of the above
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When the completion stage of a contract is less than 1/4, the total expenditure on the contract is transferred to.....account.
A
Work-in-Progress
B
Profit and loss account
C
miscellaneous account
D
none of these
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An aggressive share would have a beta
A
Equal to Zero
B
Greater than one
C
Less than Zero
D
Equal to one
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The economist's objections to monopoly rest on which of the following grounds?
A
There is a transfer of income from consumers to the monopolist
B
There is welfare loss as resources tend to be misallocated under monopoly
C
Both A and B are incorrect
D
Both A and B are correct
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The strike price under an option is
A
The price at which the option is auctioned
B
The exchange rate which the currencies are agreed to be exchanged under the contract
C
Lower of the market price and the agreed price
D
None of the above
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the effect if the parliament annuls the rules/ notifications issued by government?
  1. It is as good as no rules/ notifications were issued by the government
  2. The rules/ notifications issued by the government
A
Only (i) & (ii)
B
Only (ii) & (iii)
C
Only (ii) & (iv)
D
Only (iii) & (iv)
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Wage sheet is prepared by.....
A
time keeping department
B
personnel department
C
payroll department
D
cost accounting department
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
obviates the necessity for the physical checking of all items of stores at the end of the year and thereby avoids dislocation of production.
A
ABC Analysis
B
JIT Inventory System
C
VED Analysis
D
Perpetual Inventory System
There are 20 questions to complete.

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