Commerce online quiz 44

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।)
Environment degradation does not consist of
A
Land degradation and soil erosion
B
Problem of over grazing and ecological degradation
C
Floods
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।)
Room/day is the cost unit used in
A
Hotels
B
hospital
C
schools
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।)
Creditors account is a
A
Personal account
B
Real account
C
Nominal account
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।)
Which products are people most likely to be comfortable buying on the Internet?
A
Books
B
PCs
C
CDs
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।)
The Institute of Chartered Accountants of India was established in the year-
A
1947
B
1949
C
1951
D
1956
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A document which consists information about labour time usage, for specific job in a specific department, is known as
A
selling time record
B
labour time record
C
buying time record
D
direct time record
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Can a principal supply inputs and/or capital goods from the job-worker's premises?
A
Yes, only when the job-worker is registered
B
Yes, even if the job-worker is unregistered by declaring the job-worker's premises as his additional place of business
C
Yes, irrespective of whether the job-worker is registered or not, principal is engaged in the supply of goods which are notified by the Commissioner on this behalf
D
All of the above
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
LIC of India is an example of.....
A
department organization of the central government
B
government company
C
public corporation
D
private corporation
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If total incurred cost in a production process are $30000 and number of output units are 5000 units, then units cost will be
A
$16
B
$60
C
$6
D
$26
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
All labour is
A
Homogeneous
B
Heterogeneous
C
Lazy
D
Intelligent
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Right held with corporations to call issued bonds for redemption is considered as
A
artificial provision
B
call provision
C
redeem provision
D
original provision
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Credit risk to the bank is high from which of these card?
A
ATM cards
B
Debit cards
C
Credit cards
D
All of these
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
If Opening Stock-Rs.15, 000 Purchases-Rs.37, 500 Direct Expenses-Rs.1, 500 Closing Stock-Rs.7, 500 Operating Expenses-Rs.3, 000 Sales are Rs. 60, 000 during the year, what is the net profit?
A
Rs. 12, 000
B
Rs. 10, 500
C
Rs. 7, 500
D
Rs. 3, 000
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
.....budget is designed to remain unchanged irrespective of the volume of output or turnover attained.
A
Master
B
Fixed
C
Flexible
D
all of these
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Assertion (A). Industrialisation of an economy is considered synonymous with growth. Reason (R). The transfer of resources from agriculture to industry may be capital or labour or both.
A
Both (A) and (R) are true and (R) is the correct explanation of (A).
B
Both (A) and (R) are true but (R) is not the correct explanation of (A).
C
(A) is true but (R) is false.
D
(A) is false but (R) is true.
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The physical distance covered by a vehicle is measured in terms of.....
A
ton kilometers
B
passenger kilometers
C
vehicle days
D
running kilometers or miles
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Provision is provided for doubtful debts is based on the principle of
A
Going concern
B
Objectivity
C
Materiality
D
Conservation
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The value of inventories or stock is figured out at the lower of cost and
A
Purchase price
B
Opportunity cost
C
Realizable value
D
Net realizable value
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... High Court in India on 2nd April 2014 restored the power of the Reserve Bank of India to decide the period after which the bad loan can be called as a Non-Performing Asset (NPA)?
A
AP
B
Tamil Nadu
C
Gujarat
D
Assam
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The fixed proportion of working capital should be generally financed from the..... capital sources.
A
fixed
B
variable
C
semi-variable
D
borrowed
There are 20 questions to complete.

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