Commerce online quiz 159

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
"A ltd is a manufacturing company that has no production resource limitations for the foreseeable future. The Managing Director has asked the company mangers to coordinate the preparation of their budgets for the next financial year. In what order should
A
(2), (3), (4), (5), (1)
B
(1), (5), (3), (4), (2)
C
(1), (4), (5), (3), (2)
D
(4), (5), (3), (1), (2)
Question 2
Who is the first Indian Governor of RBI.....
A
Osborne Smith
B
C.D.Deshmukh
C
James Braid Taylor
D
Bimal Jalan
Question 3
The inflation led by rising food prices caused by increased demand for agricultural commodities is called-
A
Hyperinflation
B
Stagflation
C
Agflation
D
Deflation
Question 4
IBRD lending is not available for
A
middle income countries
B
low income countries
C
multilateral agencies
D
developed countries
Question 5
If the span of control is narrow, a number of managers would be required in each unit of the organization and there would be many managerial levels or layers, such an organizational structure is referred to as
A
Flat structure
B
Tall structure
C
Matrix structure
D
Project structure
Question 6
Current option is Rs 800 and current value of stock in portfolio is Rs 1900 then present value of portfolio would be
A
-Rs 1, 100.00
B
Rs 2, 700.00
C
Rs 1, 100.00
D
-Rs 2, 700.00
Question 7
The horizontal demand curve parallel to x-axis implies that the elasticity of demand is
A
Zero
B
Infinite
C
Equal to 1
D
Greater than zero but less than infinity
Question 8
A commercial bank will launch a medium term note (MTN) programme to
A
Provide loans
B
Raise Funds
C
Sell Equity
D
Purchase shares
Question 9
Under which system of valuation, SDRs were valued in terms of 16 currencies, which were assigned specific weights?
A
Standard basket valuation
B
Standard charted valuation
C
Various currencies valuation
D
None of the above
Question 10
Who can apply for rectification of error on record?
A
Applicant
B
Concerned officer or Jurisdictional Officer
C
Advance Ruling Authority or the Appellate Authority on its own accord can rectify the error
D
All of the above
Question 11
A company can forfeit shares if the-
A
shareholder fails to pay the amount of the call during the stipulated time
B
shareholder pays calls in advance
C
shareholder does not pay the application money
D
shares have been issued at par
Question 12
Situation in which new business reduces an existing business of firm is classified as
A
non-cannibalization effect
B
cannibalization effect
C
external effect
D
internal effect
Question 13
Which of the following financial statements shows the financial position of a business at a specific date?
A
Balance sheet
B
Income statement
C
Cash flow statement
D
Statement of changes in equity
Question 14
In which of the following types of banking, the banks offer all types of financial services to expand their business?
A
Social banking
B
Universal banking
C
Wholesale banking
D
Retail banking
Question 15
Partial correlation is a type of
A
Simple correlation
B
Multiple correlation
C
Both (A) and (B)
D
None of these
Question 16
The following steps are involved in the process of organising
  1. Forming supportive objectives
  2. Delegating to the head of each group the authority necessary to perform the activities
  3. Establishing enterprise obj
A
3, 1, 2, 4
B
3, 1, 4, 2
C
1, 3, 4, 2
D
1, 3, 2, 4
Question 17
The marketing concerns requires both fixed capital and
A
Working Capital
B
Long-term Capital
C
Share Capital
D
Flexible Capital
Question 18
Warehousing cost is an item of
A
Office overhead
B
distribution overhead
C
material cost
D
works overhead
Question 19
The most common imprest system is the..... system
A
Petty cash
B
Cash book
C
Cash receipts journal
D
Discount
Question 20
Under which of the following forms of market structure does a firm have no control over the price of its product?
A
Monopoly
B
Monopolistic competition
C
Oligopoly
D
Perfect competition
There are 20 questions to complete.

Leave a Reply

Your email address will not be published. Required fields are marked *