Commerce online quiz 23

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which type of elasticity plays a crucial role indeterrnining international trade.
A
Elasticity of demand
B
Price Elasticity of demand
C
Income elasticity of demand
D
Cross elasticity of demand
Question 2
The Markowitz model assumes most investors are.....
A
risk averse
B
risk neutral
C
risk seekers
D
risk moderators
Question 3
Budgeted sales of X for March are 18000 units. At the end of the production process for, x 10% of production units are scrapped as defective. Opening inventories of X for March are budgeted to be 15000 units and closing inventories will be 11, 400 units.
A
12960
B
14400
C
15840
D
16000
Question 4
Who is the 'lender of the last resort' in the banking structure of India?
A
State bank of India
B
Reserve bank of India
C
EXIM bank of India
D
Union bank of India
Question 5
Risk in capital budgeting implies that the decision maker knows. of the cash flows.
A
Variability
B
Certainity
C
Probability
D
None of these
Question 6
When a company uses increased fixed cost for production, this is an example of what type of leverage.
A
operating leverage
B
financial leverage
C
variable cost leverage
D
combined leverage
Question 7
Interest on refund amount is required to be paid after expiry of..... from the date of receipt of the application
A
60 days
B
90 days
C
180 days
D
240 days
Question 8
When can the transaction value be rejected for computation of value of supply
A
When the buyer and seller are related and price is not the sole consideration
B
When the buyer and seller are related or price is not the sole consideration
C
It can never be rejected
D
When the goods are sold at very low margins
Question 9
Markets in which outstanding securities are traded by investors are classified as
A
primary markets
B
secondary markets
C
initial public offering market
D
stock market
Question 10
Financial security kept by non-financial corporations is
A
deposit cheque
B
distribution cost
C
short term treasury bills
D
short term capital cost
Question 11
What is the correct sequence of the following steps in a strategic planning process?
  1. Inputs
  2. Evaluation of alternatives
  3. Execution
  4. SWOT analysis
Select the correct answer using the codes given belo
A
l, 4, 2, 3
B
4, l, 2, 3
C
l, 2, 3, 4
D
4, l, 3, 2
Question 12
Single or multiple units of distinct services or products are classified as
A
cost
B
job
C
post
D
price
Question 13
Which of the following statement is correct?
A
Fixed assets must always be shown at market value
B
Book-keeping and accounting are different terms
C
Owner's Equity = Assets + Liabilities
D
Patents is an example of current asset
Question 14
What sends work assignments through an e-mail system?
A
Database-based enterprise information portal
B
Messaging-based enterprise information portal
C
Database-based workflow system
D
Messaging-based workflow system
Question 15
Who will be the competent Authority to approach against the order of Authority for Advance Rulings (AAR)?
A
FAA
B
Tribunal
C
HC/SC
D
Separate Appellate Authority for Advance Rulings
Question 16
Diebold is a famous ATM manufacturing company. This company is located in?
A
UK
B
Japan
C
Australia
D
USA
Question 17
A 'credit' in balance of payments indicates
A
Accumulation of bank balances abroad
B
Foreign direct investment received into the country
C
Earning of foreign exchange by the country
D
Earning of foreign exchange or incurring of liability abroad or decrease in asset abroad
Question 18
''Micro Credits'' are loans:
A
granted to distressed person (other than farmers) to pre-pay their debt to non-institutional lenders against appropriate collateral or group security,
B
not exceeding 50.000 per borrower provided by banks
C
both (a) and (b)
D
either (a) and (b)
Question 19
What can be the maximum limit of CRR for a commercial bank to maintain cash with RBI?
A
55%
B
40%
C
50%
D
49%
Question 20
What implication does resource scarcity have for the satisfaction of wants?
A
Not all wants can be satisfied
B
We will never be faced with the need to make choices
C
We must develop ways to decrease our individual wants
D
The discovery of new natural resources is necessary to increase our ability to satisfy wants
There are 20 questions to complete.

Leave a Reply

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