10000 MCQ /questions on commerce questions answers
Aggregate Turnover Limit for Opting Compounding Scheme
..... factors lead to activity of stock market.
Per capita income
Manufacturing and Trade
RBI known as lender of last resort because:
It has to meet the credit need of citizens to whom no one else is willing to lend
Banks lend to go to RBI as a last resort
It comes to help banks in times of crisis
All of the above
In order to control credit, Reserve Bank of India should
Increase CRR and decrease Bank rate
Decrease CRR and reduce Bank rate
Increase CRR and increase Bank rate
Reduce CRR and increase Bank rate
Which of the following is not one of the stages of the development of the Internet?
.....budget is the preparation of budget starting from a clean state.
none of these
What are the important objectives of accounting? l. To maintain records of a business II. Calculation of profit or loss Ill. Depiction of financial position IV. To make information available to variousgroups and users
I and II
I and III
I, II, and III
I, II, III and IV
Select the in correct statement regarding a 'Mutual Fund' from the given list: i. The 'promoter' of this fund is known as the 'sponsor' ii. 'Trustees' of the fund are appointed by the 'sponsor' iii. 'Sponsor' and the 'trustees' as a team are responsible
i and iii
None of the above
Unsecured debentures are also called as.....
Annual General Meeting can be called by-
Board of Directors
Secure communication means.
Protect transmission of credit card number
Guarantee privacy of customer
Unauthorized access of payment details
All the above
Material abstract is also known as.....
Material issue analysis sheet
bill of materials
none of the above
Present value of portfolio is Rs 500 and current option price is Rs 1200 then value of stock included in portfolio will be
Rs 1, 700.00
-Rs 1, 700.00
What will be the maximum volume of compulsory Penalty in the case of offences like abetment, etc. listed u/s.66(3):
Quotation where the price of one unit of foreign currency is given in terms of local currency units is called as
If price and total revenue move in the same direction, then demand is
Cost accounting records both monetary and..... units.
Both (A) and (B)
none of these.
If slope coefficient is 0.60 and difference in machine hours is $50000, then difference in cost can be
Current ratio =
Quick assets/Current liabilities
Current assets/Current liabilities
Which of the following is quoted company?
Private limited company
Public limited company
Non listed company
There are 20 questions to complete.