Commerce online quiz 86

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 will be the Time Limit for Issuing a Certificate of TDS Deduction to the Deductee?
A
Within 5 Days of the TDS Remittance to the Appropriate Govt.
B
Within 10 Days of the TDS Remittance to the Appropriate Govt.
C
Within 15 Days of the TDS Remittance to the Appropriate Govt.
D
As and When the Deductee asks for the same.
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Cost of common stock is 13% and bond risk premium is 5% then bond yield would be
A
20.00%
B
2.60%
C
8.00%
D
18.00%
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is not an element of marketing mix?
A
Product
B
Price
C
Promotion
D
Product life cycle
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An earning before interest, taxes, depreciation and amortization average multiple for publicly traded companies is classified as
A
entity multiple
B
depreciation multiple
C
earning multiple
D
amortization multiple
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Interest on drawings is
A
expenditure for the business,
B
expense for the business,
C
gain for the business
D
loss for the business
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Re-ordering level = Maximum consumption x.....
A
Average re-order period
B
Maximum usage
C
Maximum re-order period
D
Normal usage
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which bank was incorporated as one of the public sector bank in India during 2004-05?
A
ICICI Bank
B
IDBI Bank Ltd
C
Yes Bank Ltd
D
UTI Bank Ltd
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which section of Banking Regulation Act 1949 provides nomination for payment of depositor's money?
A
Section 42
B
Section 24
C
Section 110A
D
Section 452A
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Profit margin = 4.5%, assets turnover = 2.2 times, equity multiplier = 2.7 times then return on assets will be
A
26.73%
B
25.73%
C
9.40%
D
9.00%
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Condition in which company's imports are more than its exports is classified as
A
foreign trade
B
foreign trade deficits
C
foreign trade surplus
D
trade surplus
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Out of the IGST paid to the Central Government in respect of import of goods or services, if the registered taxable person does not avail the said credit within the specified period and so remains in the IGST account, what is the treatment?
A
Refund it back to the taxable person.
B
Can be claimed after the expiry of the specified period. Apportionment of Tax and Settlement of Funds 341 Indirect Taxes Committee
C
Apportion to the Central Government based on rate equivalent to CGST on similar intra-State supply and Apportion to the state where such supply takes place.
D
None of the above.
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
India abolished quantitative restrictions on imports of 1429 items in 2000 and 2001 as per the commitment to which of the following
A
SAFTA
B
GATT
C
WTO
D
NAM
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Municipal tax Rs.6000 under dispute is a
A
Contingent liability
B
Revenue expenditure
C
Current liability
D
Current asset
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
On 29th May 2014, India was granted $ 1006. 20 million for Sarva Shiksha Abhiyan III, the largest outgoing 'Education for All' programme in the world, by which organization?
A
IDA
B
ADB
C
IMF
D
World Bank
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Process costing is also known as.....costing.
A
multiple
B
batch
C
Continuous
D
job
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Under which principle, all the rights of an insured are transferred to insurance company after making payment of claim?
A
Subrogation
B
Utmost good faith
C
Contribution
D
Average clause
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... tax is levied on inter-state supply of goods and services?
A
CGST
B
SGST
C
IGST
D
VAT
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 is true statement
A
A balance of trade deals with export and import of invisible items only.
B
A balance of payment deals with both visible and invisible items.
C
The current account is not a component of balance of payment.
D
All of the above
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following accounts will be credited if a company purchases building for cash?
A
Capital account
B
Fixed assets account
C
Building account
D
Cash account
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What is 'STT'?
A
Standard Transaction Tax
B
Securities Transaction tax
C
Securities Transfer tax
D
Standard Transfer tax
There are 20 questions to complete.

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