MCQ on COMMERCE

Commerce MCQ questions

Question 41 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
The assets which are purchased to improve profitability in the business not for the purpose of resale, are called?
A
Intangible assets
B
Current assets
C
Fixed assets
D
Wasting assets






Question 42 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
In case of joint products, the main objective of accounting of the cost is to apportion the joint costs incurred up to the split off point. For cost apportionment one company has chosen Physical Quantity Method. Three joint products 'A', 'B' and 'C' are
A
Rs 1, 20, 000
B
Rs 60, 000
C
Rs 1, 80, 000
D
None of the these
Question 43 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
An expected future cost which diverges in unconventional course of action is known's as
A
partial cost
B
total cost
C
irrelevant cost
D
relevant cost






Question 44 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
The Items which will be taxable both under current Central Excise Law and new GST even after the implementation of the GST Act.
A
Motor Spirit
B
Alcoholic Liquor for Human Consumption
C
Tobacco and Tobacco Products
D
Natural Gas
Question 45 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
On which one of the following items, GST will be levied;
A
Aviation fuel
B
Liquefied petroleum Gas
C
Natural Gas
D
High Speed Diesel oil






Question 46 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Interest on Capital is..... for the business
A
Revenue
B
Expense
C
Gain
D
None of the above
Question 47 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
The permissible time period to correct any error apparent on the face of record in the order of the settlement commission will be?
A
3 months
B
6 months
C
12 months
D
No such time limit






Question 48 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
When can an Annual General Meeting be called after giving shorter notice than that specified?
A
If consent is accorded to by all the members entitled to vote
B
If consent is accorded to by 30% of the members entitled to vote
C
If Board of Directors takes a majority decision in this regard
D
If the company secretary so wishes
Question 49 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Constant growth model would not be used in condition if growth rate is
A
greater than dividend paid
B
equal to realized rate of return
C
less than realized rate of return
D
greater than realized rate of return






Question 50 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
The combination of technical and legal means for protecting digital content from unlimited reproduction without permission is known as.....
A
Digital rights management
B
Digital protection schemes
C
Digital distribution regulation
D
Digital rights protection
There are 50 questions to complete.

7 thoughts on “MCQ on COMMERCE

  1. Nasir Bashir Mir

    Please inform me through email if any update
    Thanku

    Reply
  2. Basu Naik

    Thanks a lot sir….
    sir is there any possibility to access this in offline? Its really helpful if its available in offline sir

    Reply

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