Commerce online quiz 305

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।)
What are plastic cards the size of a credit card that contains an embedded chip on which digital information can be stored?
A
Customer relationship management systems cards
B
E-government identity cards
C
FEDI cards
D
Smart cards
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is the maximum number of times a hearing can be adjourned?
A
1
B
3
C
5
D
None of the above
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50, 000, Security Premium Rs. 5, 000, Revaluation Reserve Rs. 20, 000, P & L A/c (Dr) Rs. 10, 000. Maximum amount available for distribution of Bonus Share will be-
A
Rs. 50, 000
B
Rs. 55, 000
C
Rs. 45, 000
D
Rs. 57, 000
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The primary functions of the service co-operatives are
A
Provision of short and medium-term credit
B
Supply of agricultural and other production requirements
C
Collection of agricultural produce for sale through the marketing society
D
All of the above
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Register of member is a.....
A
statutory book
B
statistical book
C
official book
D
registered book
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The per unit expense of the portion factory overhead varies with the volume of production while..portion remains the same with volume.
A
Fixed, variable
B
variable, fixed
C
variable, semi-variable
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।)
Firms that specialize in helping companies raise capital by selling securities are called.....
A
commercial banks
B
investment banks
C
savings banks
D
credit unions
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following can a virus do?
A
Hurt your hardware
B
Hurt any files they weren't designed to attack
C
Infect files on write-protected disks
D
None of the above
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Consider the following rights:
  1. Right to take part in the business
  2. Right to share profits
  3. Right to interest on advances in excess of capital
  4. Right to expel a non-cooperative partner
The legal rig
A
1 and 2
B
2 and 4
C
1, 2 and 3
D
1, 3 and 4
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When price of bond is calculated below its par value, it is classified as
A
classified bond
B
discount bond
C
compound bond
D
consideration earning
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Purchase of fixed assets on credit is originally recorded in
A
Purchases book
B
Ledger
C
Cash book
D
Journal Proper
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Holder of an American call option can
A
Buy the asset only on expiration
B
Sell the asset on or before expiration
C
Buy the asset on or before expiration
D
Sell the asset only on expiration
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as
A
subunit center
B
instruction center
C
responsibility center
D
activity segment
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cash Reserve Ratio (CRR) is to be maintained on Net Demand and Time Liabilities (NDTL). SLR is thus required to be maintained on.....?
A
Total Demand and Time Liabilities
B
Net Demand and Time Liabilities
C
Total Demand and Time Assets
D
Net Demand and Time Asset
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If compounding is done quarterly in year, the effective rate of interest is equal to
A
4 x nominal rate of interest
B
(1 + nominal rate of interest / 4)4
C
(1 + nominal rate of interest)/ 4
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।)
An inferior commodity is one which is consumed in smaller quantities when the income of consumer
A
Becomes nil
B
Remains the same
C
Falls
D
Rises
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
"Calculate the value of closing stock from the following according to FIFO method: 1st January, 20XX: Opening balance: 50 units @ Rs 4 Receipts: 5th January, 20XX: 100 units @ Rs 5 12th January, 20XX: 200 units @ Rs 450 Issues: 2nd January, 20XX: 30 unit
A
Rs. 765
B
Rs. 805
C
Rs. 786
D
Rs. 700
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one of the following was the purpose of the appointment of Rangachary committee?
A
Taxation of software Development Centres & IT Sector
B
Taxation of Biotechnology and Pharmacy sector
C
Taxation of MSME sector
D
None of the above
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The in-principle approval granted by RBI for establishing new banks will be valid for a period of.....to comply completely with the requirements.
A
6 months
B
9 months
C
12 months
D
18 months
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When actual loss is less than the estimated loss, the difference between the two is considered to be
A
Abnormal gain
B
abnormal loss
C
normal loss
D
income
There are 20 questions to complete.

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