10000 MCQ /questions on commerce questions answers
Which type of elasticity plays a crucial role indeterrnining international trade.
Elasticity of demand
Price Elasticity of demand
Income elasticity of demand
Cross elasticity of demand
The Markowitz model assumes most investors are.....
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.
Who is the 'lender of the last resort' in the banking structure of India?
State bank of India
Reserve bank of India
EXIM bank of India
Union bank of India
Risk in capital budgeting implies that the decision maker knows. of the cash flows.
None of these
When a company uses increased fixed cost for production, this is an example of what type of leverage.
variable cost leverage
Interest on refund amount is required to be paid after expiry of..... from the date of receipt of the application
When can the transaction value be rejected for computation of value of supply
When the buyer and seller are related and price is not the sole consideration
When the buyer and seller are related or price is not the sole consideration
It can never be rejected
When the goods are sold at very low margins
Markets in which outstanding securities are traded by investors are classified as
initial public offering market
Financial security kept by non-financial corporations is
short term treasury bills
short term capital cost
What is the correct sequence of the following steps in a strategic planning process?
- Evaluation of alternatives
- SWOT analysis
l, 4, 2, 3
4, l, 2, 3
l, 2, 3, 4
4, l, 3, 2
Single or multiple units of distinct services or products are classified as
Which of the following statement is correct?
Fixed assets must always be shown at market value
Book-keeping and accounting are different terms
Owner's Equity = Assets + Liabilities
Patents is an example of current asset
What sends work assignments through an e-mail system?
Database-based enterprise information portal
Messaging-based enterprise information portal
Database-based workflow system
Messaging-based workflow system
Who will be the competent Authority to approach against the order of Authority for Advance Rulings (AAR)?
Separate Appellate Authority for Advance Rulings
Diebold is a famous ATM manufacturing company. This company is located in?
A 'credit' in balance of payments indicates
Accumulation of bank balances abroad
Foreign direct investment received into the country
Earning of foreign exchange by the country
Earning of foreign exchange or incurring of liability abroad or decrease in asset abroad
''Micro Credits'' are loans:
granted to distressed person (other than farmers) to pre-pay their debt to non-institutional lenders against appropriate collateral or group security,
not exceeding 50.000 per borrower provided by banks
both (a) and (b)
either (a) and (b)
What can be the maximum limit of CRR for a commercial bank to maintain cash with RBI?
What implication does resource scarcity have for the satisfaction of wants?
Not all wants can be satisfied
We will never be faced with the need to make choices
We must develop ways to decrease our individual wants
The discovery of new natural resources is necessary to increase our ability to satisfy wants
There are 20 questions to complete.