Commerce online quiz 233

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।)
Transfer through institutions such as mutual funds or banks are classified as
A
non-financial intermediary
B
financial intermediary
C
savers intermediary
D
discounted intermediary
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Tax Liability of a person receiving the goods instead of the person supplying the goods will be knows as:
A
Purchase Tax
B
Reverse Charge
C
Reverse Tax
D
None of the Above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Income tax paid by a sole proprietor on his business income should be
A
debited to trading account,
B
debited to profit and loss account,
C
credited to profit and loss account
D
deducted from the capital account in the balance sheet.
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In Need Hierarchy Theory of Abraham H. Maslow, Self Actualisation needs are at level-
A
Lower level needs
B
Middle level needs
C
Higher level needs
D
Highest level needs
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The relevant risk for a well-diversified portfolio is.....
A
interest rate risk
B
inflation risk
C
business risk
D
market risk
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The first Secretary of the company is appointed by-
A
Shareholders
B
Promoters
C
Government
D
Directors
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Price effect in indifference curve analysis arises
A
When the consumer becomes either better off or worse off because price change is not compensated by income change.
B
When the consumer is betler off due to a change in income and price
C
When income and price change
D
None of the above
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Whether any time limit has been specified to issue notice for scrutiny?
A
Six months from the end of the respective financial year.
B
No time limit has been prescribed as of now, however same may be prescribed in the rules.
C
One Year from the end of the respective financial year.
D
3 Years from the end of the respective financial year.
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Where does an auditor of a co-operative society submit the audit report?
A
To the managing committee of the society only
B
To the Registrar of Co-operative Societies of the State concerned only
C
To the State Assembly Concerned
D
To the Registrar of Co-operative Societies of the State concerned and a copy to the society
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... is a summary of all functional budgets in a capsule form.
A
Functional Budget
B
Master Budget
C
Long Period Budget
D
Flexible Budget
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Safety and accident prevention should concern managers for all the following reasons except
A
Criminal Liability
B
Human suffering of the injured workers
C
Retaliatory actions by workers
D
Work-related accident figures are stagering
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Era of Scientific management is.....
A
1880-1930
B
1880-1931
C
1880-1932
D
1880-1933
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A group of individual indirect cost item is defined as
A
direct pool
B
cost pool
C
indirect pool
D
item pool
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Third ranked product in incremental revenue-allocation method is known as
A
primary product
B
First incremental product
C
Second incremental product
D
Third incremental product
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Service costing is used in industries producing
A
Products
B
service
C
both a & b
D
none of these
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
SIDBI is an apex financial insti tution for?
A
Agricultural sector
B
Collage industries
C
Small and medium enterprises
D
Large scale enterprises
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under conditions of perfect competition in the product market
A
MRP = VMP
B
MRP > VMP
C
VMP > MRP
D
None of the above
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Internal marketing environment includes
  1. Employees
  2. Markets
  3. Service provider
  4. Local shareholder
  5. Consumer
A
i, ii and iii
B
i, iii and iv
C
ii, iii and iv
D
ii, iv and v
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Co-operative and public companies are similar in respect of.....
A
the liability of members
B
the minimum number of members required for registration
C
the maximum number of members
D
method of distribution of profit
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Method of inventory recording gives lower cost of goods sold in income statement is classified as
A
last in first out
B
last out receivable
C
First out receivable
D
First in first out
There are 20 questions to complete.

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