Commerce online quiz 211

By | August 21, 2018

NTA NET SURE SUCCESS!!! Solve all MCQ and QUIZ on this site. You will get many common questions in Final exam. Do not forget to tell your friends

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।)
In a Private Company there are restrictions regarding-
A
Transfer of shares
B
Issue of prospectus
C
Number of members
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।)
Which of following is an example of purchasing costs?
A
incoming freight
B
storage costs
C
insurance
D
spoilage
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost of process Rs1, 60, 000 and profit to be charged on the transfer price is 20% What is the inter process profit?
A
Rs 32, 000
B
Rs 40, 000
C
Rs 48, 000
D
Rs 54, 000
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In which State the Mitakshara form of H.U.F. business does not apply?
A
Rajasthan
B
Gujarat
C
West Bengal
D
Kerala
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If price changes by 1% and supply changes by 2%, then supply is
A
Elastic
B
Inelastic
C
Indeterminate
D
Static
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Law permits collection of tax on supplies effected prior to registration, but after applying for registration:
A
Yes, but only on intra-State supplies, if the revised invoice is raised within one month;
B
Yes, but only on intra-State supplies effected to unregistered persons, if the revised invoice is raised within one month;
C
Yes, on all supplies, if the revised invoice is raised within one month;
D
No, tax can be collected only on supplies effected after registration is granted.
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following are not eligible state taxes under the transitional provisions
A
Entry tax
B
Central Sales Tax
C
Value Added Tax
D
Profession Ta, x Luxury Tax & Entertainment Tax
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Stock portfolio with lowest book for market ratios is considered as
A
S portfolio
B
B to M portfolio
C
H portfolio
D
L portfolio
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
At the point of satiety, marginal utility is
A
Zero
B
Positive
C
Maximum
D
Negative
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Nationalization of banks aimed at all of the following except
A
Removal of control by a few
B
Provision of control by a few
C
Provision of adequate credit for agriculture, small industry and export units
D
Encouragement of a new class of entrepreneur
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Mutual funds may be affiliated with an underwriter. This means.....
A
the underwriter has an exclusive right to distribute shares
B
the underwriter selects the securities in the portfolio
C
there is no risk to the issuer of the mutual fund
D
there is no risk to the investor of the mutual fund.
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In financial planning, a higher strike price leads to call option
A
price is higher
B
rate is lower
C
price is lower
D
rate is higher
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is/are the condition for availing ITC on the tax element involved in the stock held by a composition dealer under earlier law, if such dealer opts normal tax remittance in GST? i. Such stock should be taxable under GST ii. Eligible for ITC under ear
A
i, ii & iii
B
i, ii & iv
C
ii, iii & iv
D
I, ii, iii & iv
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Costs which are considered as expenses in accounting period are also known as
A
inventory costs
B
period costs
C
timed costs
D
labour overheads
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Type of risk in which beta is equal to one is classified as
A
multiple risk stock
B
varied risk stock
C
total risk stock
D
average risk stock
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Formula of 1-unexplained variation / total variation is used to calculate
A
coefficient of determination
B
coefficient of index
C
coefficient of residual
D
coefficient of prediction
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A company plans to create the largest possible total sales volume. It should use
A
Concentrated marketing
B
Differentiated marketing
C
Homogeneous marketing
D
Undifferentiated marketing
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The purchase price of a software that will be used for more than 12 months should be regarded as
A
a revenue expenditure
B
a capital expenditure
C
a long term expense
D
an accounting period expense
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If there are implicit costs of production
A
Economic profit will be equal to accounting profit
B
Economic profit will be less than accounting profit
C
Economic profits will be zero
D
Economic profit will be more than accounting profit.
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Marketing planning consists
A
Product Positioning
B
Market Segmentation
C
Distribution Network
D
All of the above
There are 20 questions to complete.

Leave a Reply

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