10000 MCQ /questions on commerce questions answers
Effective demand depends upon
Desire for the commodity
Means to purchase
Willingness to use those means for that purchase
All of the above
Past realized rate of return in period t is denoted by
t bar r
t hat r
r hat t
r bar t
The tax authorities may conduct audit u/s 65 at:
the place of business of the registered person
the place of residence of the registered person.
the office of the tax authorities.
(a) or (c)
In calculation of time, value of money, ''N ''represents
number of payment periods
number of investment
number of instalments
number of premium received
Whether credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods?
Yes, in specific instances
Can be availed only after transfer of document of title after movement of goods
Flexible budget amount is added to flexible budget variance to calculate
The ordinary trading account is a locked storehouse of most valuable information to which cost system is the.
none of these
If a company, which is not a non-banking financial company wants to collect public deposits, it is governed by..... Act:
RBI Act 1934
Banking companies Act
Companies Act 1956
Redeemable Preference shares of Rs. 1, 00, 000 are redeemed at a premium of 5%. With this object equity shares of Rs. 40, 000 are issued at par. What amount should be transferred to Capital Redemption Reserve Account?
Rs. 1, 05, 000
Rs. 65, 000
Rs. 60, 000
Assertion (A): The doctrine if indoor management does not give absolute protection to outsiders who deal with a company. Reason (R): If majority of members have their way, the minority has its say.
Both A and R are true and R is the correct explanation of A
Both A and R are true but R is NOT a correct explanation of A
A is true but R is false
A is false but R is true
Suppose the total cost of producing commodity X is Rs.125000. Out of this cost, implicit cost is Rs.35000 and normal profit is Rs.25000. What will be the explicit cost of commodity X?
Which of the following is a new and disruptive Web feature or service?
X of Mumbai drawn a bill on Y of Delhi payable at USA is
When supply of a commodity increases without change in price, it is called
Fall in supply
Expansion in supply
Contraction in supply
Rise in supply
According to the Malthusian theory of population which one of the following statements is not correct?
Population tends to outrun the resources of subsistence
There is a direct relationship between standard of living and population
Increasing population can be checked through only positive checks
Positive checks are those checks which are applied by the nature to stop population growth
A and B were sharing profits of a business in the ratio of 3: 2. They admit C into partnership, who gets 1/3 of A's share of profit from A, 1/2 of B's share of profit from B. The new profit sharing ratio will be
3: 2: 5
2: 1: 2
3: 2: 1
3: 2: 2
According to top rating agencies S&P; double-B and other lower grade bonds are classified as
Which method of capital budgeting called benefit cost ratio?
Pay back period method
Net present value method
Payout period method
Profitability Index method
Quality of a commodity that satisfies some human want or need is called
An enterprise gets more output and mutual cooperation from its subordinate staff by adopting
Motivating by Leadership
Motivation by participation
Motivation by goals
Motivation by Challenges
There are 20 questions to complete.