Commerce online quiz 313

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।)
In an office, Franking machine is used for-
A
Punching card
B
Accounting work
C
Duplicating
D
Postal stamp fixing
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
E-Banking is also known as.
A
ATMs
B
Net banking
C
Traditional banking
D
None of these
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An expenditure is a revenue expenditure because
A
The amount is small
B
It is intended to benefit the current period
C
It is deducted from the gross sale proceeds
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।)
PBX stands for.....
A
Private Book Exchange
B
Private Branch Exchange
C
Private Block Exchange
D
Private Business Exchange
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is Director Identification Number (DIN)?
A
An identification number which the individual company allots to the intending director
B
A number which the Central Government allots to any individual intending to be appointed as director or to any existing director of a company
C
A number which the SEBI allots to any individual intending to be appointed as director or to any existing director of a company
D
A number which the Central Government allots to retired directors so as to build data base
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The components of WTO are
A
Ministerial conference
B
Disputes settlement body
C
Director General
D
All of the above
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Is there any requirement of a pre-approval or assessment or verification by the GST officers for transitioning the credit lying in balance in the VAT/ Cenvat Return into GST return?
A
Specific approval of the jurisdictional officer is required
B
Automatic, closing credit in the respective return would be automatically carried forward into the electronic credit ledger under GST
C
Detailed assessment / audit is mandatory for allowing credit
D
All credits availed up to one year prior to appointed date will be available
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 statements are correct with regard to RuPay debit card?
  1. It is issued by National Payment Corporation.
  2. It can be used both within and outside the country.
  3. It can be used for unlimited
A
1 and 2 only
B
1, 2 and 3 only
C
1 and 4 only
D
1, 3 and 4 only
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
When factory overhead control account has an ending debit balance, factory overhead was
A
Over applied
B
under applied
C
both a & b
D
none of these
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which one is an encryption technique?
A
RSA
B
DES
C
AES
D
All of the above
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 is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry?
A
barriers to entry
B
power of suppliers
C
power of consumers
D
industry value chain
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Degree of financial leverage is a measure of relationship between.....
A
EPS and EBIT
B
EBIT and quantity produced
C
EPS and quantity produced
D
EPS and sales
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The type of standard best suitable for cost control purpose is
A
Basic standard
B
Ideal standard
C
Normal standard
D
Expected standard
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Intrinsic value of share can be determined by?
A
Yield method
B
Fair value method
C
Net assets method
D
Stock exchange quotation
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In order to control credit in the country the RBI may
A
Buy securities in the open market
B
Sell securities in the open market
C
Reduce CRR
D
Reduce Bank Rate
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Financial security issues by major banks and risk depends on strength of issuer is classified as
A
negotiable certificate of deposit
B
mutual funds
C
U.S treasury bills
D
commercial paper
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Can a registered person opting for composition scheme collect tax on his outward supplies?
A
Yes
B
No
C
Yes, if the amount of tax is prominently indicated in the invoice issued by him
D
Yes, only on such goods as may be notified by the Central Government
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
In the Not-For-Profit Micro Finance Institutes, which among the following are included?
A
Societies
B
Public Trusts
C
Non-Profit Companies
D
All of these
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If the amount of work certified is less than of the contract price, then no profit should be taken to Profit & Loss Account.
A
20%
B
25%
C
33.33%
D
40%
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Price discrimination is not possible in case of
A
Perfect competition
B
Monopoly
C
Monopolistic competition
D
Oligopoly
There are 20 questions to complete.

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