Commerce online quiz 291

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।)
Under..... Article of the Constitution, GST on supplies in the cause of Inter-state trade or commerce shall be levied and collected by the Government of India?
A
Article 246 A
B
Article 269 A
C
Article 254
D
Article 279 A
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Principal functions of SIDBI:
A
Promotion of SSI
B
Finance of SSI
C
Development of SSI
D
All the above
Question 3 (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 part of Capital Market in Indian Economy?
A
Gilt edge market
B
Stock Exchange
C
Mutual funds
D
Call money market
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The supply of goods to SEZ unit is treated as..... in the hands of the supplier:
A
Exempt Supply-Reversal of credit
B
Export of Supplies
C
Deemed Taxable Supply-No reversal of credit
D
Non Taxable Supply-Outside the Scope of GST
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is date of receipt of payment?
A
Date of entry in the books
B
Date of payment credited into bank account
C
Earlier of a and b
D
Date of filing of return
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The receiver of goods returned will send a..... note to the returner.
A
debit
B
credit
C
revenue
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।)
If the CGST department is not satisfactory with the decision or order passed by the Adjudicating Authority, what will be the Option available?
A
Review Order by the Commissioner
B
File First Appeal before the FAA within 3 months with another 1 month of condonable delay
C
Either (A) or (B)
D
Both (A) and (B)
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An increase in the supply of a commodity is caused by
A
Improvements in technology
B
Fall in the prices of other commodities
C
Fall in the prices of factors of production
D
All of the above
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which management functions are closely related to?
A
Planning and Organising
B
Organising and Staffing
C
Staffing and Control
D
Planning and Control
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of these is not an objective of Cost Accounting?
A
Ascertainment of Cost
B
Determination of Selling Price
C
Cost Control and Cost reduction
D
Assisting Shareholders in decision making
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following statements about privacy is true?
A
It is a moral right to be left alone
B
Only corporations and government need to be concerned about it
C
It has only just recently become a concern
D
It is most easily obtained on the Internet
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In weighted average cost of capital, a company can affect its capital cost through
A
policy of capital structure
B
policy of dividends
C
policy of investment
D
all of above
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When the completion stage of a contract is less than 1/4, the total expenditure on the contract is transferred to..account.
A
Work-in-Progress
B
Profit and loss account
C
miscellaneous account
D
none of these
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A firm will have favourable leverage if its..... are more than the debt cost
A
debt
B
interest
C
equity
D
earnings
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Bonds issue by corporations which are more risky than preferred stocks are classified as
A
leases
B
preferred stocks
C
common stocks
D
corporate stocks
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In long-run, all firms in monopolistic competition
A
Earn supernormal profits
B
Earn normal profits
C
Incur losses
D
May earn normal profit, super normal profit or incur losses
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The recommendation of the GST Council will be
A
Mandatory
B
Only Advisory Power
C
Mandatory and sometimes Advisory
D
Mandatory on States only
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Registration of a partnership is.....
A
compulsory
B
voluntary
C
statutory
D
mandatory
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is an arrangement made between e-commerce sites that direct users from one site to the other?
A
Spam
B
Viral marketing
C
Affiliate programs
D
None of the above
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The purpose of financial accounting is to provide information for.....
A
fixing prices
B
controlling cost
C
locating factors leading to wastages and losses
D
assessing the profitability and financial position of the firm
There are 20 questions to complete.

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