Commerce online quiz 259

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
The Agreement of Partnership-
A
Must be oral
B
Must be in writing
C
Can be either oral or in writing
D
Must be in writing on a stamp paper
Question 2
Which type of add appears on a web page?
A
pop-under ad
B
Pop-up ad
C
Banner ad
D
Discount ad
Question 3
The number of sections, chapters and Schedules involved in the Model GST Law
A
162 Sections, 25 Chapters and 4 Schedules
B
126 Sections, 52 Chapters and 3 Schedules
C
101 Sections, 21 Chapters and 2 Schedules
D
102 Sections, 20 Chapters and 1 Schedule
Question 4
Shares issued in Primary market in the form of IPO and FPO. IPO means?
A
India Public Offer
B
Initial Private Offer
C
Initial Public Off
D
Initial Public Offer
Question 5
The area of actual or potential commercial value in which a company intends to operate is a.....
A
market space
B
marketplace
C
perfect market
D
Bertrand market
Question 6
When changes in patents and industry competition occur, required rate of return
A
changes
B
does not change
C
becomes zero
D
becomes one
Question 7
Which one of the following is not a method of credit control?
A
Bank rate policy
B
Open market operations
C
Credit deposit ratio
D
Cash reserve ratio
Question 8
One of the State Government avails of a temporary financial assistance from Reserve Bank of India. This type of finance is called.....?
A
Overdraft
B
Temporary loan
C
Short term finance
D
Ways and Means advance
Question 9
Which function is regarded as the essence of management?
A
Planning
B
Organizing
C
Staffing
D
Co-ordination
Question 10
What happens if a taxable person has paid IGST (in IGST Act) on a transaction considered by him to be an interstate supply but which is subsequently held to be an intra-state supply?
A
Seek refund
B
Adjust against future liability
C
Take re-credit
D
File a suit for recovery
Question 11
Model which states decline in extra time needed to produce last unit, every time for cumulative quantity of doubled units produced is classified as
A
incremental unit average model
B
incremental cost learning model
C
incremental unit time learning model
D
incremental price learning model
Question 12
The person from who goods are bought on credit is known as.....
A
creditor
B
debtor
C
borrower
D
none of these
Question 13
In., two piece rates are set for each job.
A
Merrick's multiple piece rate system
B
Rowan's Premium Plan
C
Taylor's differential piece rate system
D
none of these
Question 14
Under cash basis of accounting, revenue is recognized when
A
Sale is made
B
Cash is received
C
Goods are delivered
D
Services are rendered
Question 15
Cash outflows are costs of project and are represented by
A
negative numbers
B
positive numbers
C
hurdle number
D
relative number
Question 16
Standardized technique that is performed repetitively on different kind of materials to convert them into different finished products is known as
A
conversion process
B
operation
C
hybridization
D
both a and b
Question 17
I modern investment analysis, the risk for a stock is related to its.....
A
leverage factor
B
standard deviation
C
beta coefficient
D
coefficient of variation
Question 18
The basis for the payment of cash by contractee under contract is.....
A
work certified
B
work uncertified
C
contract cost
D
value of plant used in the contract
Question 19
The Purchasing Power Parity Theory' came into prominence in 1916 through the writings of
A
J.M.Keynes
B
L.E.Von Miser
C
Gustav Cassel
D
F.A.von Hayek
Question 20
In a place the average rainfall was 4 centimeter during Monday to Saturday. Due to heavy rainfall on Sunday the average of the week was increased to 6 cm. The rainfall on Sunday will be?
A
17 cm
B
18 cm
C
19cm
D
20cm
There are 20 questions to complete.

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