Commerce online quiz 328

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
According to exercise value and option price, market value of option will be zero when
A
stock price is maximum
B
option price is zero
C
stock price is zero
D
stock price is minimum
Question 2
Cost function, in which graph of total cost would not result in straight line is classified as
A
nonlinear cost function
B
linear cost function
C
linear price function
D
nonlinear price function
Question 3
Deduction under section 80CCC is allowed to the extent of
A
Rs. 2, 00, 000
B
Rs. 1, 00, 000
C
Rs. 4, 00, 000
D
None of the above
Question 4
Tendency of moving together of two variables is classified as
A
correlation
B
move tendency
C
variables tendency
D
double tendency
Question 5
The moral beliefs held by an individual.
A
Values
B
Rights
C
Duties
D
Personal
Question 6
Net income available to stockholders is Rs 125 and total assets are Rs 1, 096 then return on common equity would be
A
0.11%
B
11.40%
C
0.12 times
D
12.00%
Question 7
The Government of India and World Bank Sign $500 Million Agreement recently to Improve Rural Water Supply and Sanitation Services in Four Indian States. What are these states?
A
Assam, Bihar, Jharkhand and Uttar Pradesh
B
Manipur, Bhopal, Odisha and Bangalore
C
Chennai, Bhopal, Bihar and Jharkhand
D
Uttar Pradesh, Assam, Bihar and Chennai
Question 8
At what price is the stock valued under conventional method?
A
At cost price
B
At market price
C
At cost price or market price whichever is lower
D
At cost price or market price whichever is higher
Question 9
Which process can preventata from lose due to computer problems or human errors?
A
backup
B
recovery
C
benchmarking
D
data cleansing
Question 10
If the inputs are not received back within the prescribed limit by the principal then, who is responsible to pay the GST?
A
Job worker
B
Principal
C
Job worker is responsible when sending such inputs and Principal needs to reverse the ITC taken earlier.
D
None of the above
Question 11
If budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then budgeted indirect cost rate would be
A
69.72%
B
79.72%
C
99.75%
D
89.72%
Question 12
Which of the following financial statements shows the movement of cash and cash equivalents during an accounting period?
A
Income statement
B
Balance sheet
C
Cash flow statement
D
Statement of changes in equity
Question 13
The real accounts are accounts of Assets, Liabilities and
A
Expenses
B
Revenues
C
Capital
D
Drawing
Question 14
What is rate of tax of IGST?
A
CGST rate
B
SGST rate
C
CGST + SGST rate
D
VAT rate
Question 15
The subsidiary voucher produced in the absence of primary voucher is called?
A
General voucher
B
Note-book voucher
C
Counterfoil
D
Collateral voucher
Question 16
Which one is not used as a security mechanism?
A
Encryption
B
Cryptography
C
Wallets
D
Digital signature
Question 17
Recommendations of Malegam committee on Micro Finance Sector do not include.....
A
MFI should not charge more than 24% of its disbursed loans
B
Processing fee on the loan amount must not be more than 1%
C
Margin of interest to be not more than 20 per cent
D
MFIs should lend to an individual borrower only as a member of a JLG and should have the responsibility of ensuring that the borrower is not a member of another JLG
Question 18
Cross utilization of ITC is ot allowed between:
A
SGST and CGST
B
SGST and IGST
C
IGST and CGST
D
None of the above
Question 19
If percentage of overall gross margin is 15 and final sales value of whole production is $20000, then gross margin (in dollars) will be
A
$30, 000
B
$300, 000
C
$40, 000
D
$400, 000
Question 20
An investor who buys shares and writes a call option on stock is classified as
A
put investor
B
call investor
C
hedger
D
volatile hedge
There are 20 questions to complete.

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