Commerce online quiz 255

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।)
From when will the period of one or three years be calculated under Section 143?
A
The day when such inputs and/or capital goods sent to job-worker
B
The day when the job-worker receives the said goods, in case the job-worker receives the goods directly
C
Option (a) and (b)
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।)
Defectives are that portion of production which can be at some extra cost of re-operation.
A
Sold
B
rectified
C
purchased
D
none of these
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Net investment in operating capital is Rs 5000 and net operating profit after taxes is Rs 8000 then free cash flow would be
A
Rs 13, 000.00
B
-Rs 3, 000.00
C
Rs 3, 000.00
D
-Rs 13, 000.00
Question 4 (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 selling expense?
A
Any tax/freight is paid on purchases
B
General salaries paid to laborers
C
Tax & freight paid on sale
D
Interest on deposits
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The time limit for filing an appeal before the Tribunal will be:
A
Within 6 Months from the date of the communication of the Order
B
Within 4 Months from the date of the communication of the Order
C
Within 3 Months from the date of the communication of the Order
D
Within 2 Months from the date of the communication of the Order
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Law of demand shows relation between
A
Income and price of commodity
B
Price and quantity of commodity
C
Income and quantity demanded
D
Quantity demanded and quantity supplied
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A public corporation is set up-
A
By a Special Act of Parliament
B
By a special order of the Government
C
Under Indian Companies Act, 1956
D
By 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।)
Which of the following would be considered a risk-free investment?
A
Gold
B
Equity in a house
C
High-grade corporate bonds
D
Treasury bills
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Tender Price means-
A
Quotation Price
B
Probable Sale Price
C
Price informed to the customer
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।)
E-mail messages may be stored on which of the following computers?
A
Sender's computer
B
Sender's server
C
Recipient's server
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।)
Which of the following is correct regarding Operating Hours of NEFT?
A
NEFT operates in hourly batches-there are twelve settlements from 8 am to 7 pm on week days and six settlements from 8 am to 1 pm on Saturdays.
B
NEFT operates in batches of 2 hours each-there are seven settlements from 9 am to 5 am on week days and five settlements from 9 am to 1 pm on Saturdays.
C
NEFT operates in batches of one hour and two hour-there are nine settlements from 9 am to 5 am on week days and three settlements from 9 am to 12 pm on Saturdays.
D
24*7
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Retiring partner should intimate the retirement to
A
Department
B
Government
C
Commissioner
D
All of the above
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The left side of an account is known as..... and the right side as.....
A
Debit, Credit
B
Credit, Debit
C
Liability, Asset
D
None of the above
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Details of Outward supplies shall include
A
Invoice
B
Credit and Debit notes
C
Revised invoice issued in relation to outward supplies
D
All the above
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Second ranked product in incremental revenue allocation method is termed as
A
primary product
B
First incremental product
C
Second incremental product
D
Third incremental product
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Securities future value is Rs 1, 000, 000 and present value of securities is Rs 500, 000 with an interest rate of 4.5%, 'N' will be
A
16.7473 years
B
0.0304 months
C
15.7473 years
D
0.7575 years
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Memory unit performs the function of.....
A
calculations at a very high speed
B
giving out the end product
C
controlling at the operating units
D
storing the data
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The marketing concern generally taps three sources for financing its activities there are
A
Owned Capital
B
Trade Credit
C
Bank Credit
D
All of these
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Following information is available of PQR for year ended March, 20XX: 4, 000 units in process, 3, 800 units output, 10% of input is normal wastage, Rs 2.50 per unit is scrap value and Rs 46, 000 incurred towards total process cost then amount on account of
A
Rs 2, 500
B
Rs 2, 000
C
Rs 4, 000
D
Rs 3, 500
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Required return is 15% and premium for risk is 11% then risk free return would be
A
26.00%
B
4.00%
C
16.50%
D
1.36%
There are 20 questions to complete.

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