Commerce online quiz 285

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।)
Suppose, a Cement manufacturing company allows a post supply discount of ' 5/-Cores to his Distributor without any prior agreement to that effect or without disclosing the same at the time of supply. Whether, it is a Deemed Supply or Not?
A
Yes
B
No
C
Subject to the Individual Circumstances
D
None of the Above
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
According to capital asset pricing model assumptions, investors will borrow unlimited amount of capital at any given
A
identical and fixed returns
B
risk free rate of interest
C
fixed rate of interest
D
risk free expected return
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The control ratios used by the management to know whether the deviations of the actual performance from the budgeted performance are favourable or unfavourable are.....
A
Capacity ratio, activity ratio
B
Efficiency ratio, calendar ratio
C
Both a & b
D
None of the above
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Standard costs is.....
A
Predetermined cost
B
budgeted cost
C
Actual cost
D
none of these
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
"Calculate the labour turnover rate according to replacement method from the following: No of workers on the payroll:-At the beginning of the month: 500-At the end of the month: 600 During the month, 5 workers left, 20 workers were discharged and 75
A
0.0455
B
182
C
6
D
3
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When can a supplier making supplies through E-commerce operator opt not to register?
A
Always
B
When the e-commerce operator is not required to collect tax at source u/s 52
C
When the supplier doesn't cross the threshold limit specified under section 22.
D
Option (b) and (c), cumulatively fulfilled
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
On 1st April, 2013, Y Ltd. Issued 1000, 12% debentures of Rs. 100 each at a discount of 6%. These debentures are redeemable in five equal annual instalments at the end of each year. What is the amount of discount to be written off in the first year i.e.
A
Rs. 2000
B
Rs. 1800
C
Rs. 1200
D
Rs. 600
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under Gantts task and bonus plan no bonus is payable to a worker if his efficiency is less than.....
A
50%
B
60%
C
835%
D
100%
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Who of the following would be liable, when they disclose information collected from information return/ statistics u/s 150 and 151 respectively?
  1. Departmental officer-when information disclosed while executing dutie
A
i, ii, iii & iv
B
i, ii & iv
C
iii & iv
D
None of the above
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Decentralization of authority means.....
A
giving permission to the subordinate to do his work
B
conveying what the subordinate is expected to do
C
delegating responsibility
D
departmentalizing activities
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The Geometric Mean of two numbers 8 and 18 shall be?
A
12
B
15
C
13
D
11.09
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one is not an international organisation
A
SAARC
B
ASEM
C
ASEAN
D
CBDT
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Suppose One Dealer has a credit of ' 5/-Lakhs in his Electronic ITC Ledger. That dealer has an interest arrears dues of '6/-Lakhs and Penalty Dues of ' 2/-Lakhs. If so, how much, he has to deposit to settle the above interest and Penalty Dues?
A
3/-Lakhs
B
6/-Lakhs
C
2/-Lakhs
D
8/-Lakhs
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Income includes
A
Income earned
B
Income received
C
Income receivable
D
All of the above
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Hedging transaction is indicated by
A
Transactions in odd amounts
B
Presentation of documentary support.
C
Frequency of such transactions.
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।)
Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning?
A
Bombay Stock Exchange
B
Delhi Stock Exchange
C
Calcutta Stock Exchange
D
Bangalore Stock Exchange
Question 17 (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 task of the Planning Commission?
A
Preparation of the plan
B
Implementation of the plan
C
Financing of the plan
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।)
FCCB stands for-
A
Foreign currency convertible bonds
B
Forex currency convertible bonds
C
Form currency convertible bonds
D
Future currency convertible bonds
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Financial leverage is also known as.
A
Trading on equity
B
Trading on debt
C
Interest on equity
D
Interest on debt
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget?
A
Capital cost of a new collection vehicle
B
Depreciation of the machinery
C
Operatives wages
D
Fuel for the collection Vehicles
There are 20 questions to complete.

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