Commerce online quiz 239

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।)
Normally the following accounts are balanced
A
Real account and Nominal account
B
Personal account and Real account
C
Only Nominal account
D
All accounts
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In adjustment issues of costing, database must contain reliable measure of
A
fixed cost driver
B
cost driver and cost
C
cost driver and object
D
mixed cost driver
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following types of business organisation has a separate legal entity?
A
Joint Hindu family business
B
Partnership
C
Joint Stock Company
D
None of the above
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Interest on Saving Bank deposits is calculated on the basis of.....with effect from 1st April 2010.
A
Daily Product basis
B
Minimum balance between 5th and last day of the month.
C
Minimum balance between 10th and last day of the month.
D
Monthly Product basis
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In service costing, fixed charges are also called as.....
A
Standing charges
B
variable charges
C
fixed charges
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 interstate purchases made by the Govt.deparmtnet not in the course of business are treated as:
A
B2B Supplies
B
B2C Supplies
C
B2C Subject to the quoting of the Departmental ID issued by SGST Officials
D
B2G Supplies
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An expenditure whose benefit is finished or enjoyed immediately is called
A
Expense
B
Liability
C
Cost
D
Income
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If there is difference of opinion to the members of the Review Committee, what will be the deemed inference?
A
A fit case of second appeal
B
An unfit case for second appeal
C
A case requiring legal opinion
D
A case to be referred in to the CGST Commissioner
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following fall under the qualitative method of credit control adopted by RBI?
A
Selective credit control
B
Moral suasion
C
Credit authorization scheme
D
All of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one is also known as plastic money?
A
Credit card
B
Debit card
C
Paper cash
D
All of the above
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.....give item-wise information about the goods purchased, sold or returned during a particular period
A
columnar journal
B
journal proper
C
general journal
D
none of these
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Factory overhead is also called as.....
A
sundry overhead
B
extra overhead
C
works overhead
D
total overhead
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Central stationary department of SBI is located at
A
New Delhi
B
Kolkata
C
Mumbai
D
Chennai
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... is one of the records of circulation section.
A
Accession Register
B
Day book
C
Catalogue Card
D
AACR-2 (R)
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost centre and cost unit are.....
A
not the same
B
the same
C
not related
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।)
A project whose cash flows are more than capital invested for rate of return then net present value will be
A
positive
B
independent
C
negative
D
zero
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When Marginal Utility is positive, Total Utility
A
Increases
B
Decreases
C
Remains constant
D
Is highest
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who issues treasury bills?
A
Reserve Bank of India, as the agent of the Central Government
B
Any govt. deptt. of state and central
C
Any Commercial Bank
D
All of the above
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The policy 'anticipate the profit and provide for all possible losses' arises due to
A
convention of consistency
B
convention of conservatism
C
convention of full disclosure
D
convention of materiality.
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
For conducting..workers are studied at their jobs and all their movements and motions are noted.
A
Time study
B
Motion study
C
Merit rating
D
none of these
There are 20 questions to complete.

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