Commerce online quiz 275

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।)
The current ratio of a company is 2: 1. Which of the following suggestions would improve the ratio?
A
To pay a current liability
B
To borrow money on an interest-bearing promissory note
C
To purchase stocks for cash
D
To give an interest-bearing promissory note to a creditor to whom money was owed on current account
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Investment Fluctuation Reserves (IFR) created by Banks will hep them in managing
A
Interest Rate Risk
B
CRR
C
SLR
D
Foreign Currency Account
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Indian Partnership Act was passed in the year-
A
1956
B
1936
C
1932
D
1930
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Unpresented cheques are also referred to as
A
Uncollected cheques
B
Uncredited cheques
C
Outstanding cheques
D
Bounced cheques
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Provision for cash discount on debtors is a percentage of
A
Debtors
B
Net debtors
C
Net debtors less provision for doubtful debts
D
Net sales
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In line and staff organisation the staff performs the function of
A
Management
B
Advising the management
C
Assigning responsibility
D
None of the above
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
ITC is allowed only on those goods and /or Services which are intended for making:
A
Taxable Supplies
B
Zero Rated Supplies
C
Both (A) and (B) above
D
Even on Taxable Inward Supply and Non-Taxable Local or Interstate Supplies
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If demand is inelastic, a change in the price
A
Will change the quantity in same direction
B
Will change total revenue in same direction
C
Will change total revenue in the opposite direction
D
Will not change total revenue
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If any objection from either of the Registering Authority, the objection curing by the applicant in GST REG-04 and its subsequent Approval/Disapproval by GST Officials should be within:
A
Within 3 common working days from the date of the receipt of the clarification
B
Within 5 common working days from the date of the receipt of the clarification
C
Within 7 common working days from the date of the receipt of the clarification
D
Within 14 common working days from the date of the receipt of the clarification
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
As per Schedule VI of the Companies' Act, 1956, Forfeited Share Account will be-
A
Added to paid up capital
B
Deducted from called up capital
C
Added to capital reserve
D
Shown as a revenue reserve
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Strategy is used in-
A
Military
B
Business
C
Industry
D
All of the above
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An entry with more than one debit or credit is known as
A
Compound entry
B
Singly entry
C
Multiple entry
D
Double entry
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The scope of MRTP Act, since 1992, has been confined only to the regulation of:
A
consumer monopolies
B
monopolistic trade practices
C
restrictive and unfair trade practices
D
restrictive trade practices
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The first stock exchange in the world is.....
A
Mumbai stock exchange
B
American stock exchange
C
London stock exchange
D
France stock exchange
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In case the person does not deposit tax collected in contravention of Section 76, is the same recoverable with interest?
A
Yes
B
No
C
At proper officer's discretion
D
None of the above
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Fax is used for-
A
Sending telephonic message
B
Sending copies of documents
C
Exercising control
D
Decision making
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Operating Leverage is the response of changes in.....
A
EBIT to the changes in sales
B
EPS to the changes in EBIT
C
Production to the changes in sales
D
None of the above
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A skillful method of providing means mechanism and structural elements to. streamline organizational work is known as.....
A
Strategic planning
B
Role analysis
C
Work culture
D
Autonomous planning
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In expected rate of return for constant growth, dividends are expected to grow but with the
A
constant rate
B
variable rate
C
yielding rate
D
returning yield
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An expected rate of return is denoted by
A
e-bar
B
r-bar
C
r-hat
D
e-hat
There are 20 questions to complete.

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