Commerce online quiz 158

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।)
Insurable interest must be present at the time of insurance proposal and payment of claims in-
A
Fire Insurance
B
Marine Insurance
C
Life Insurance
D
Motor Insurance
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A partnership firm cannot raise funds by.....
A
bank loan
B
Partner loan
C
debentures
D
partner capital
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... heads and conducts the affairs of RBI:
A
Central Board
B
Local board
C
Regional board
D
All of the above
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A business cannot be all things to all people. Instead, a business must:
A
Identify target customers
B
Identify the value of products/services as perceived by customers
C
all of the above
D
None of the above
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which term is not associated with banking operations.....
A
Repo rate
B
Prime Lending Rate
C
Equator
D
None of these
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Debtors turnover ratio is 4. What is the average collection period?
A
5 months
B
4 months
C
3 months
D
2 months
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bonds that can be converted into shares of common stock are classified as
A
convertible bonds
B
stock bonds
C
shared bonds
D
common bonds
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Basis of apportionment of stores service expenses is..
A
Value of materials consumed
B
units of material consumed
C
products produced
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।)
The return component that gives periodic cash flows to the investor is known as the.....
A
capital gain
B
interest rate
C
yield
D
unrealized gain.
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Tax invoice must be issued by.....
A
Every supplier
B
Every taxable person
C
Registered persons not paying tax under composition scheme
D
All the above
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Principle of maximum aggregate benefit is concerned with..
A
Growth of library
B
Library use
C
Library service
D
Library fee
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following accounts is not a real account
A
Building account
B
Bank account
C
Closing stock account
D
Goodwill account.
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Contraction of demand is the result of
A
Decrease in the number of consumers
B
Increase in the price of the commodity concerned
C
Increase in the prices of other goods
D
Decrease in the income of purchasers
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A manufacturer of exempted and non-exempted goods or a service provider of exempted and taxable services are entitled to Cenvat credit under sub-section (4) section 140 on
A
All goods whether in stock or in finished goods or in semi-finished goods is eligible
B
Only goods directly pertaining to non-exempted goods or taxable services is eligible
C
Only proportionate credit based on the previous year turnover of non-exempted goods or taxable services is eligible
D
No credit is available in such cases
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In which of the following, interest / dividend is payable even if the company does not earn profit?
A
Equity capital
B
Preference capital
C
Debentures
D
All of above
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What does creditors turnover ratio take into account?
A
Total credit sales
B
Total credit purchase
C
Total cash sales
D
Total cash purchases
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Accounting is a language of.....
A
business
B
commerce
C
economics
D
none of these
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What automates business processes?
A
Workflow
B
ASP
C
Workflow system
D
EIP
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Guarantee for employer for the loss out of employee's dishonest is.....
A
Burglary insurance
B
Fidelity insurance
C
third party insurance
D
medical insurance
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Static budget amount is subtracted from flexible budget amount to calculate the
A
sales budget variance
B
cost budget variance
C
resultant budget variance
D
static budget variance
There are 20 questions to complete.

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