Commerce online quiz 266

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Under Merrick's multiple piece rate system, 110% of the ordinary piece rate is given to workers whose level of performance is between. of the standard output.
A
83% and 100%
B
100% and 120%
C
0% and 83%
D
none of these
Question 2
A group of European countries have formed a union and created a common currency known as.....
A
the EU currency
B
the European Union
C
the EMU
D
the Euro
Question 3
Price earning ratio and price by cash flow ratio are classified as
A
marginal ratios
B
equity ratios
C
return ratios
D
market value ratios
Question 4
Which one of the following is the apex institution in finance sector of India?
A
IDBI
B
NABARD
C
NHB
D
RBI
Question 5
Study the following statements and mark your answer according to the answer code given below-I. Planning is the first function of management. II. Planning provides a basis for organisation. Ill. Planning does not involve decision-making. IV. Planning is
A
I and III are correct
B
I and I are correct
C
I and IV are correct
D
II and IV are correct
Question 6
In GST, the registration application approval is to be intimated by the respective SGST/CGST Officials within:
A
10 Common Working days in form GST REG-06
B
7 Common Working days in form GST REG-06
C
5 Common Working days in form GST REG-06
D
3 Common Working days in form GST REG-06
Question 7
The companies globalise their operations through defficient means
A
Exporting directly
B
Licensing / Franchising
C
Joint venture
D
All of the above
Question 8
Transfer of Possession of Goods is
A
Actual Tax Point
B
Basic Tax Point
C
Either of the above
D
None of the Above
Question 9
If market value is greater than book value then investors for future stock are considered as
A
experienced
B
inexperienced
C
pessimistic
D
optimistic
Question 10
The first organized stock exchange was set up in the year.....
A
1887
B
1992
C
1991
D
1994
Question 11
.....is an example of long-term budget
A
Cash budget
B
Capital expenditure budget
C
Research and development budget
D
Both b & c
Question 12
A feature of currency option that distinguishes it from other derivatives is
A
It carries premium to be paid up front.
B
It is optional to enter into the contract.
C
The buyer has only right, but no obligation to execute the contract
D
The seller has the right, but no obligation to execute the contract.
Question 13
The Proposed Penalty for availing IPT without actual receipt of goods and /or services will be:
A
10, 000/-or wrongly availed IPT whichever is higher
B
25, 000/-or wrongly availed IPT whichever is higher
C
50, 000/-or wrongly availed IPT whichever is higher
D
No Penalty at all.
Question 14
When the sales increase from Rs 40, 000 to Rs 60, 000 and profit increases by Rs 5, 000, the P/V ratio is-
A
0.2
B
0.3
C
0.25
D
40%
Question 15
Unemployment due to mechanization of agriculture is
A
Seasonal
B
Structural
C
Industrial
D
Personal
Question 16
A loss is a capital loss because
A
it arises due to abnormal reasons
B
it means withdrawal of capital
C
It relates to current assets
D
None of these.
Question 17
In May 2013, firm was supplying 500kg of sugar at market price of Rs.30/-per kg. During June 2013, firm's supply of sugar had decreased to 450kg at price of Rs.20/-per kg. These changes show that supply of sugar is
A
Oerfectly elastic
B
Perfectly inelastic
C
Less elastic
D
More elastic
Question 18
Assertion (A):The liability of share holders in a private limited company is limited to the amount. Reason (R):The number of share holders of a private limited company is limited to fifty.
A
Both A and R are true and R is the correct explanation of A
B
Both A and R are true but R is not a correct explanation of A
C
A is true but R is false
D
A is false but R is true
Question 19
Type of bonds that are issued by foreign governments or foreign corporations are classified as
A
zero risk bonds
B
zero bonds
C
foreign bonds
D
government bonds
Question 20
If own debenture of Rs. 1, 000 is purchased for Rs. 975 from the market by the company, the difference of Rs. 25 will be assumed?
A
Profit on redemption of debenture
B
Loss on redemption of debenture
C
Goodwill
D
None of these
There are 20 questions to complete.

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