Commerce online quiz 282

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।)
Which commitee has been set up to examine the un-claimed amount in PPF, post office and saving schemes?
A
H devaraj Committee
B
H R Khan Committee
C
GopalKrishna Committee
D
k V Kamath Panel
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The documents or books seized on inspections which are not relied upon for the issue of notice shall be returned to the party within..... days of issue of notice.
A
15
B
30
C
60
D
90
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
'Law of Inertia of Large Numbers'concludes?
A
Smaller numbers are more stable than large ones
B
Large numbers are more stable than small ones
C
All of these
D
None of these
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
3. IBRD lending is not available for
A
middle income countries
B
low income countries
C
multilateral agencies
D
developed countries
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Credit creation power of the commercial banks gets limited by which of the following?
A
Banking habits of the people
B
Cash Reserve Ratio
C
Credit policy of the central bank
D
All of the above
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
All..... expenses are recorded in the Trading A/c.
A
direct
B
indirect
C
cost
D
none of these
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What are the circumstances in which an application for advance ruling is rejected?
  1. Same questions is pending disposal before any of the appellate authorities
  2. A matter already decided by any Appellate Authority <
A
i, ii & iii
B
i, ii & iv
C
ii, iii & iv
D
i, ii, iii & iv
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who is the chairman of GST council?
A
President of India
B
Prime Minister
C
Finance Minister
D
RBI Governor E. Finance secretary
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A registered taxable person is eligible to claim refund in respect of export of goods and services in the following cases:
A
Under bond, without payment of IGST and claim refund of unutilized input tax credit.
B
On payment of IGST and claim refund of IGST paid on such goods and services.
C
None of the above
D
Both (a) and (b)
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When was Adam Smith's major work "An enquiry into the Nature and Causes of Wealth of Nations" published?
A
1756
B
1766
C
1776
D
1786
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Market value of option which is out-of-money is
A
greater than zero
B
equal to zero
C
lesser than zero
D
equal to one
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
According to Joseph Schumpeter, profit is the reward for
A
Innovation
B
Uncertainty-bearing
C
Risk-taking
D
Management
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The transitional period in the life of an expanding firm is called..... firm.
A
pessimism
B
ideal
C
average
D
good
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When an e-commerce operator is required to register under GST?
A
When he is required to collect tax at source u/s 52
B
When his aggregate turnover exceeds the threshold limit
C
When he is required to discharge tax on the taxable supply or services made by the supplier through him u/s 9(5)
D
It is mandatory to register irrespective of the threshold limit.
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What are the two parts of the annual report of the library
A
Primary and Secondary
B
Analytical and Systematic
C
Upper and Lower
D
Descriptive and Statistical
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Consider the following statements-Current ratio is increased by
  1. issue of redeemable preference shares.
  2. selling of old furniture for cash.
  3. cash realized from debtors.
Which of the statements given ab
A
1 and 2 only
B
2 and 3 only
C
1 and 3 only
D
1, 2 and 3
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In finance, "working capital" means the same thing as
A
total assets
B
fixed assets
C
current assets
D
current assets minus current liabilities.
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cross elasticity of demand between two perfect substitutes will be
A
low
B
high
C
zero
D
infinity
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In independent projects evaluation, results of internal rate of return and net present value lead to
A
cash flow decision
B
cost decision
C
same decisions
D
different decisions
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Match List I with List II and select correct answer using the codes given below: List I List II a. G.P. Ratio I. Convention of conservatism b. Cash budget II. Profitability c. E.O.Q. III. Inventory management d. Provision for bad debts IV. Management of
A
a b c d II IV I III
B
a b c d IV II III I
C
a b c d IV II I III
D
a b c d II IV III I
There are 20 questions to complete.

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