Commerce online quiz 28

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।)
Payments for the books purchased can be made only after
A
Accessioning
B
Classification
C
Cataloguing
D
Arrangement in the shelve
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bin Card is a?
A
Quantitative as well as value wise records of material received, issued and balance
B
Quantitative record of material received, issued and balance
C
Value wise records of material received, issued and balance
D
a record of labour attendance
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If market interest rate fall below coupon rate then bond will be sold
A
below its par value
B
above its par value
C
equal to return rate
D
seasoned price
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In cause and effect relationship between cost level and cost driver, inflationary price effects are removed by dividing cost through
A
price index
B
cost index
C
profit index
D
cost driver index
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In case no satisfactory explanation is furnished for the discrepancies within a period of thirty days of being informed by the proper officer or such further period as may be permitted proper officer may initiate appropriate action: (i) under Section 65
A
Only i & iii
B
Only ii & iv
C
Only ii, iii & iv
D
Any of the above
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
"Treating a revenue expenditure as a capital expenditure" is an example of
A
Compensating error
B
Error of principle
C
Error of omission
D
Error of commission
Question 7 (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 authority lies in
A
Line
B
Staff
C
Both line and staff
D
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।)
A liability which arises only on the happening of an uncertain event
A
Current liability
B
Non liability
C
Long term liability
D
Contingent liability
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
One of the delivery channel for Micro Finance is SHG model. SHG means?
A
Soar Help Group
B
Sake Help Group
C
Self Hope Group
D
Self Help Group
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following is the most appropriate task of office management?
A
Creation of profit centre
B
Creation of control centre
C
Making office supplies available
D
Supervision of production Quality Control
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who among the following is the primary regulator of Banking business?
A
Reserve Bank of India
B
Central Government
C
State Government
D
Parliament
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Is Input tax fully restricted in case of switch over from taxable to exempt supplies
A
Yes
B
No
C
Proportionately restricted
D
Not restricted
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Heavy amount spent for the advertisement of new company product is
A
Revenue expenditure
B
Deferred Revenue expenditure
C
Capital expenditure
D
Either 'a' or 'c'
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
More MCQs on Foreign Exchange Management 1. For the purpose of translations, current rate refers to
A
The rate current at the time of transaction.
B
The rate prevailing on the date of the balance sheet.
C
The rate prevailing on the date of preparation of the balance sheet.
D
The spot rate
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which, among the following, are common misconceptions about cost of capital?
A
Depreciation-generated funds have no cost
B
Cost of capital is low if a project is heavily debt-financed
C
Cost of equity is equal to the dividend rate
D
All of the above
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Stationary layout is suitable for manufacturing.....
A
small products
B
light products
C
bulky products
D
technical items
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 not a condition for availing credit on goods in transit or incomplete services
A
Credit should be taken in 30 days from the appointed date
B
Credit should be in the nature of eligible duties and taxes
C
Duty or tax should have been paid before the appointed date
D
All 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 loan that is repaid on monthly, quarterly and annual basis in equal payments is classified as
A
amortized loan
B
depreciated loan
C
appreciated loan
D
repaid payments
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If there are differences of opinion between 2 members of AAR, what will be the next option?
A
Refer the case to the AAAR
B
Decide based on the Majority by designating for the time being one more member to the AAR
C
Reject the Advance ruling Application
D
Any of the Above
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Identify the item that is not taken into account in computing the current ratio.
A
Bank overdraft
B
Bank
C
Stock
D
Cash
There are 20 questions to complete.

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