Commerce online quiz 218

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।)
In India, Liberalisation & Privatisation began from
A
1991
B
1971
C
1981
D
1947
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the validity of challan in FORM GST PMT-06?
A
1 day
B
5 days
C
15 days
D
Perpetual validity
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Direct manufacturing labour costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be
A
$47, 000
B
$33, 000
C
$57, 000
D
$18, 000
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the legal protection afforded an expression of an idea, such as a song, video game, and some types of proprietary documents?
A
Ethics
B
Intellectual property
C
Copyright
D
Fair Use Doctrine
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.arises where the actual process loss is less than the normal predetermined process loss.
A
Normal loss
B
abnormal loss
C
abnormal gain
D
none of these
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The communication standard for sharing business documents and settlement information that emerged in the 1970s is called.....
A
ECD
B
EDI
C
IDE
D
BCB
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost pattern, when production inputs are to be used in discrete functions, but quantities are fractional, will be categorized as
A
continuously variable cost function
B
fixed cost function
C
mixed cost function
D
semi variable cost function
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which is NOT a cause of shift in cost curves of a firm?
A
Excise tax
B
Prices of inputs
C
Increase in productivity
D
Price of product
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Falling interest rate leads change to bondholder income which is
A
reduction in income
B
increment in income
C
matured income
D
frequent income
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Is it obligatory on the part of the Department to take on record the assessee's representation during adjudication and issue of order?
A
Yes
B
No
C
At proper officer's discretion
D
If requested by notice
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
depreciation of an asset of Rs.40, 000 at the rate of 10% per annum at the end of third year is..... on using reducing balance method
A
2000
B
3600
C
3240
D
4000
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Comparing Rowan plan and Halsey plan, it is seen that when the time saved is less than 50% of the standard time.....
A
Rowan plan allows more wages to a worker than Halsey plan
B
Rowan plan allows less wages to a worker than Halsey plan
C
Rowan and Halsey plan allow equal wages to a worker
D
Rowan plan and Halsey plan are equal to ordinary time wage
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Appointment of a Company Secretary is made by-
A
Promoters
B
Board of Directors
C
Debenture holders
D
Government
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Economic development can be best measured by?
A
increase in Gross National Income
B
Poverty ratios
C
Growth in real per capita in GNP
D
Faster capital formation
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Union leaders are in better position to bargain for higher wages if demand for labour is
A
Elastic
B
Inelastic
C
Very large
D
Permanent
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The assets which have a limited useful life are termed as
A
Limited assets
B
Depreciable assets
C
Unlimited assets
D
None of the above
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following? 1 Other bank retains their deposits with the RBI. 2 The RBI lends funds to the commercial banks in times of need. 3 The RBI advises the commercial banks on
A
2 and 3 only
B
1 and 2 only
C
1 and 3 only
D
1, 2 and 3
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is an Internet-based company that makes it easy for one person to pay another over the Internet?
A
electronic check
B
electronic bill presentment and payment
C
conversion rates
D
financial cybermediary
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The closing balance of petty cash book is considered as
A
Liability
B
Asset
C
Expenses
D
Income
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In inter process profits, the output of one process is transferred from one process to another not at.....but at.....
A
Market price, actual cost
B
Actual cost, market price
C
both a& b
D
none of these
There are 20 questions to complete.

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