Commerce online quiz 254

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।)
Error which affect only one account can be
A
Error of complete omission
B
Error of posting
C
Compensatory errors
D
None of the above
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A higher inventory ratio indicates
A
Better inventory management
B
Quicker turnover
C
Both A and B
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।)
Material Usage Variance=Material Mix Variance +.....
A
Material Yield Variance
B
Material cost variance
C
Material price variance
D
Material quantity variance
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An assessee has paid life insurance premium of Rs. 25, 000 during the previous year for a policy of Rs. 1, 00, 000. He shall
A
Not be allowed deduction u/s 80C
B
Be allowed Deduction u/s 80C to the extent of 20% of the capital sum assured i.e.Rs. 20, 000
C
Be allowed Deduction for the entire premium as per the provisions of section 80C
D
None of the above
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following banks is not nationalized in 1969.....
A
Central Bank of India
B
Dena Bank
C
Canara Bank
D
Oriental Bank of Commerce
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A risk which is classified as its contribution to risk of portfolio is classified as
A
classified risk
B
contributed risk
C
irrelevant risk
D
relevant risk
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If the goods are complementary like car and petrol, their cross elasticity is
A
Negative
B
Positive
C
Zero
D
Infinite
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Filing is an important aspect of.....
A
record keeping
B
book keeping
C
house-keeping
D
time keeping
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
One of the statements given below provides evidence for the semi-strongly efficient form.
A
Low P/E ratio effect
B
The size effect
C
Effect on the stock split
D
Weekend effect
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If conversion cost is $25000 and direct manufacturing labour cost is $17000, then manufacturing overhead cost would be
A
$14, 700
B
$68, 000
C
$8, 000
D
$42, 000
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Unique value auction is mainly applies to?
A
New products
B
Second hand products
C
Engineering products
D
None of the above
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What best explains a shift in market supply curve to the right?
A
An advertising campaign is successful in promoting the good
B
A new technique makes it cheaper to produce the good
C
The government introduces a tax on the good
D
The price of raw materials increases
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the maximum time limit to claim the Input tax credit?
A
Till the date of filing annual return
B
Due date of September month which is following the financial year
C
Earliest of (a) or (b)
D
Later of (a) or (b)
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Banks do not provide which of the following services?
A
Issuing Bank Draft
B
Depositing Money
C
Sale of post.cards and postal stamps
D
Lockers for valuable items/documents
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the name of the division of the U.S. Department of Homeland Security that coordinates cyber incident warnings and responses across government and private sectors?
A
US-CERT
B
OECD
C
IC3
D
P3P
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Govt. of India has created a special India Micro finance Equity Fund of Rs. 100 Crores. The fund is maintained by
A
RBI
B
SIDBI
C
NABARD
D
SEBI
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is a type of budget according to function?
A
Fixed Budget
B
Operating Budget
C
Long term Budget
D
Flexible Budget
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Volume variance is divided into.....
A
Capacity variance, calendar variance andExpenditure variance
B
Capacity variance, calendar variance and efficiency variance
C
Capacity variance, expenditure variance and efficiency variance
D
Calendar variance, expenditure variance and efficiency variance
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Job Evaluation is carried on mainly for-
A
identifying geographical locational factors of business enterprise
B
promoting job satisfaction
C
simplifying wage administration
D
meeting competition effectively
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The..... co-operative societies are started to help lower and middle class people.
A
Consumers
B
Producers
C
Marketing
D
Housing
There are 20 questions to complete.

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