MCQ on COMMERCE

Commerce MCQ questions

Question 1
Factory overhead can be charged on the basis of.....
A
material cost
B
labour cost
C
prime cost
D
direct expenses






Question 2
Departmentalization of overhead is known as.....
A
primary distribution
B
secondary distribution
C
absorption
D
allocation
Question 3
Which of these is not a Material control technique:
A
ABC Analysis
B
Fixation of raw material levels
C
Maintaining stores ledger
D
Control over slow moving and non moving items






Question 4
When the Reserve Bank of India (RBI) is the lender of last resort, what does it mean?
A
RBI advances money to public whenever there is any emergency
B
Commercial banks give fund to the RBI
C
RBI advances necessary credit against eligible securities
D
All of the above
Question 5
Which is the other name that is given to the average revenue curve?
A
Profit curve
B
Demand curve
C
Average cost curve
D
Indifference curve






Question 6
Opening and closing inventories are recorded in
A
Journal proper
B
Purchase book
C
Sales book
D
Bill receivable book
Question 7
..... refers to a smaller area.
A
Site
B
State
C
District
D
Country






Question 8
Industrial policy resolution 1956 divided industries into..... categories
A
2
B
3
C
4
D
5
Question 9
Public Sector Banks include?
A
20 Nationalized Banks + State Bank of India + 5 SBI Associates + IDBI
B
20 Nationalized Banks + 6 Private Banks
C
14 Nationalized Banks + 6 SBI Associates + 7 Private Banks
D
20 Nationalized Banks + State Bank of India + 5 Private Sector Banks + IDBI






Question 10
Cost of capital is equal to required return rate on equity in case if investors are only
A
valuation manager
B
common stockholders
C
asset seller
D
equity dealer
There are 10 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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