Commerce online quiz 162

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which officer/s has the power to grant permission for payment of tax through installment?
A
Commissioner
B
Chief Commissioner
C
Assistant Commissioner
D
Both (a) and (b)
Question 2
An average inflation rate which is expected over life of security is classified as
A
inflation premium
B
off season premium
C
nominal premium
D
required premium
Question 3
Difference of total of debit and credit side of the trial balance is transferred to
A
Suspense A/c
B
Difference A/c
C
P & L A/c
D
Trading A/c
Question 4
Under which method of wage payment, wages are influenced by idle time?
A
Straight piece rate
B
Differential piece rate
C
Premium and bonus plan
D
Time wage rate
Question 5
Which among these is not a method of privatisation?
A
Denationalisation
B
Franchising
C
Sale of Business
D
All of these
Question 6
Piece workers are paid on the basis of.....
A
output sold
B
output produced
C
output in stock
D
input received
Question 7
CRR funds are kept by the Banks in.....:
A
Cash in hand at branches
B
Balance with other banks
C
Balance in a special Account with RBI
D
Funds in the currency chest
Question 8
VAT is imposed
A
Directly on Consumers
B
On final Stage of production
C
On all stages from Production to final sale
D
None of the above
Question 9
Example for a Supply of Goods in which possession of the goods are transferred. But, the title on the same will be transferred at a future date
A
Normal Sale of goods
B
Sales on Approval Basis or Hire Purchases
C
Rent a Car
D
None of the Above
Question 10
Which commission distributes the taxes between centre and states?
A
NITI Ayog
B
Board of Direct Taxes
C
Finance Commission
D
National Development Counsel
Question 11
Teaser Rates are related to which of the following types of loans?
A
Home Loans
B
Personal Loans
C
Auto Loans
D
Reverse Mortgage Loans
Question 12
The..... is especially well suited to offer hedging protection against transactions risk exposure.
A
forward market
B
spot market
C
transactions market
D
inflation-rate market
Question 13
The weak form of the EMH is supported if successive price changes over time are.....
A
independent of each other
B
negative
C
positive
D
lagged
Question 14
A firm's average fixed cost is Rs.20 at 6 units of output. What will it be at 4 units of output?
A
Rs.60
B
Rs.30
C
Rs.40
D
Rs.20
Question 15
Which of the following growth models includes the population growth function?
    [I)]
  1. Classical Model
  2. Harrod-Domar Model
  3. New classical Model
  4. Schumpeter Model
A
(1) and (3)
B
(1), (2) and (3)
C
(1)and(4)
D
(2) and (4)
Question 16
Cost that has elements of variable and fixed costs at same time is
A
variable cost
B
mixed cost
C
semi variable cost
D
Both B and C
Question 17
Which of the following is an example of a portal?
A
Amazon
B
eBay
C
Yahoo
D
Face book
Question 18
Price at which European and American options can be exercised is classified as
A
exercise price
B
strike price
C
horizon price
D
Both A and B
Question 19
..... firm enjoys lowest average cost of production.
A
Representative
B
Optimum
C
Small-scale
D
Equilibrium
Question 20
Last in first out method is suitable in times of
A
Rising prices
B
falling prices
C
fluctuating prices
D
none of these
There are 20 questions to complete.

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