Commerce online quiz 207

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।)
If the rate of Gross Profit is 25% of sales and the-total cost of goods sold is RS. 1, 00, 000, the amount of gross profit will be?
A
Rs. 25, 000
B
Rs. 20, 000
C
Rs. 30, 000
D
Rs. 33, 333
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The concept of small scale industries (SSIs) was brought to the fore by the
A
Industrial Policy Resolution 1948
B
Industrial Policy Resolution 1956
C
Industrial Policy Statement 1977
D
None of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An under allocated indirect cost is also called
A
under applied indirect cost
B
under absorbed indirect cost
C
absorbed indirect cost
D
both a and b
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Material control aims at achieving effective.....
A
Material management
B
quality control
C
accounting of material
D
material supply
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Banking sector comes under which sector?
A
Services sector
B
Manufacturing sector
C
Realty sector
D
Industrial sector
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The filing of Monthly Returns in GST will be:
A
At a stretch
B
Two Phases
C
Three Phases
D
Four Phases
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Total overheads incurred for running a canteen is re-apportioned among production Departments on what basis:
A
Floor area
B
Equitable
C
No. of employees
D
Value of Plant
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Constant growth rate is 6.5% and an expected dividend yield is 3.4% then an expected rate of return would be
A
9.90%
B
10.00%
C
3.10%
D
19.12%
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Islamic nations follow
A
Common law
B
Civil law.
C
Criminal Law.
D
Religious law.
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The forward US dollar is quoted at premium against Indian Rupees. This implies
A
Money market rates are higher in India than in the US.
B
Money market rates are lower in India than in the US.
C
Market yield is higher in US than in India.
D
Dollar has a better value than Indian Rupee.
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is not an avoidable cause of labour turnover:
A
Dissatisfaction with Job
B
Lack of training facilities
C
Low wages and allowances
D
Disability, making a worker unfit for work
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The accrual basis of accounting records revenues when they are
A
Collected
B
Earned
C
Contracted
D
Readily available for use
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The majority of job seekers rely on which of the following?
A
Word-of-mouth leads
B
Employment agencies
C
Internet and newspapers equally
D
Internet only
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In financial markets, period of maturity within one to five years of financial instruments is classified as
A
short-term
B
long-term
C
intermediate term
D
capital term
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
On 1.4.2007, a firm's capital was Rs. 2, 00, 000, Assets Rs. 2, 40, 000 and Liabilities Rs. 40, 000. It sold goods costing Rs. 10, 000 for Rs. 12, 000. What will be the position of accounting equation after this transaction has been recorded in accounts? Asset
A
2, 42, 000 = 2, 02, 000 + 40, 000
B
2, 52, 000 = 2, 12, 000 + 40, 000
C
2, 30, 000 = 2, 00, 000 + 30, 000
D
2, 22, 000 = 1, 82, 000 + 40, 000
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
ABC analysis is an inventory control technique in which:
A
Inventory levels are maintained
B
Inventory is classified into A, B and C category with A being the highest quantity, lowest value
C
Inventory is classified into A, B and C Category with A being the lowest quantity, highest value
D
Either b or c
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Accounting period cycle of NSE is.....
A
Wednesday to next Tuesday
B
Tuesday to next Wednesday
C
Monday to next Friday
D
Wednesday to next Wednesday
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A price for equity is called
A
interest rate
B
cost of equity
C
debt rate
D
investment return
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Economic Batch Quantity depends on.and..costs.
A
Material, labour
B
set-up costs, carrying
C
transportation, carrying
D
warehousing, labour
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which committee is heading the conversion of Urban Cooperative Banks into Regular Banks?
A
R Gandhi
B
H R Khan
C
Urjit R. Patel
D
S. S. Mundra
There are 20 questions to complete.

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