Commerce online quiz 193

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।)
Which type of competition leads to exploitation of consumer?
A
Oligopoly
B
Monopolistic competition
C
Monopoly
D
All of the above
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Value of payment is Rs 25 and an interest rate is 2%, then present value will be
A
Rs 12.54
B
Rs 12, 500.00
C
Rs 12, 504.00
D
Rs 8, 400.00
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following errors will not affect the trial balance
A
Wrong balancing of an account
B
Wrong totaling of an account
C
Writing an amount in wrong account but on the correct side
D
None o the above
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Revenue earned but not yet received by the business is known as
A
Contra asset revenue
B
Accrued expenses
C
Accrued revenue
D
Unearned revenue
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Whether the supplies to UN Agencies are taxable under GST?
A
Yes
B
Taxable at Supply Point and Refundable subject to submission of Purchase statement as and when purchases are made with their UID No.
C
Both (A) and (B)
D
None of the Above
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bank overdraft is a good source of finance for.....
A
Short term
B
Medium term
C
Long term
D
Short and long term
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following is an example of sources of funds?
A
Decrease in share capital
B
Increase in long-term liabilities
C
Decrease in long-term liabilities
D
Increase in fixed assets
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bank Reconciliation statement is the comparision of a bank statement (sent by bank) with the
A
Cash receipt journal
B
Cash payment journal
C
Cash book
D
Financial statements
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Suppose that a Swiss television set that costs 400 francs in Switzerland costs $200 in the United States. The exchange rate between the franc and the dollar is
A
2 francs per dollar
B
1 franc per dollar
C
$2 per franc
D
$3 per franc
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Term 'Credit' means..... by the business
A
Receiving of benefits
B
It has no effect on business
C
Providing benefits
D
It depends upon items
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The term World Bank refers to
A
IBRD
B
IDA
C
Both IBRD and IDA
D
IFC
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The first stock exchange in the world.....
A
Mumbai stock exchange
B
America stock exchange
C
London stock exchange
D
France stock exchange
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When indifference curve is L shaped, then two goods will be
A
Perfect substitute goods
B
Substitute goods
C
Perfect complementary goods
D
Complementary goods
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which among the following committee is related with the issues and concerns in the Non-banking financial Companies (NBFCs) sector?
A
Ragu Ram Committee
B
Usha Thorat Comiittee
C
Shome Committee
D
Tarapore Committee
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Inventory turnover ratio = Cost of inventory consumed during the period $\div$ Cost of held during the period
A
Average inventory
B
minimum inventory
C
maximum inventory
D
none of these
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.expenses are partly fixed and partly variable.
A
All expenses
B
variable
C
fixed
D
semi-variable
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In his report the Auditor gives his?
A
Judgment
B
Opinion
C
Guarantee to correctness of accounts
D
All of these
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The cost that a firm incurs in hiring or purchasing any factor of production is referred to as
A
Explicit cost
B
Implicit cost
C
Variable cost
D
Fixed cost
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Domestic use of office telephone is
A
Embezzlement of Labour
B
Embezzlement of Property
C
Embezzlement of Facility
D
None of these
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Principle of 'Unity of Command' means-
A
Unity of directions
B
To receive orders from one officer only
C
A fixed place for every person
D
Proper delegation to subordinates
There are 20 questions to complete.

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