10000 MCQ /questions on commerce questions answers
What is the condition for a bank to be called a "Scheduled Bank"?
Its business has to be crossed Rs. 1000 Cr mark
Its branch network should be over 100
It should be included in the second schedule of the RBI act
It should comply with all the above conditions
All the existing Registered Dealers under existing laws will be automatically migrated in to GST on provisional basis except:
Local VAT Dealer
Dealer having both VAT and CST
Manufacturing Units remitting Cenvat
The type of website that is designed to build customer goodwill and to supplement other sales channels rather then sell the company's products directly is known as a..... website.
A meeting of the shareholders held only once during the life time of the company is known as-
Meeting of the Directors
Meeting of the Creditors
Extraordinary General Meeting
Variance used by managers to check whether company has performed well and properly implemented strategies is considered as
Information Gatekeepers come under..... sources.
.....represents a note sent to the supplier for the value of goods returned by the business.
goods returned note
none of these
provides information for income determination.
none of these
Which one of the following is NOT related to the convention of conservatism?
Making provision for doubtful debts and discount on debtors in anticipation of actual bad debts and discount
Valuation of stock at Market Price or Cost Price whichever is higher.
Charging of small capital items as Revenue
Adopting Written-down Value Method of depreciation as against Straight-line Method
Required return is 11% and premium for risk is 8% then risk free return will be
Who among the following is the head of the committee formed by SEBI to frame a single set of guidelines for all types of foreign investors?
If the present cost of the car is Rs.1, 00, 000 residual value at the end of the 5th year is Rs.20, 000, the monthly depreciation is
In the case of a Giffen good, the demand curve will be
Downward to the right
Upward to the right
Chunk sampling is known as
Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28th June 2013?
Whlch of the following is true with respect to planning function?
To make a blue print of ideas and work
To tell the work allocation to all
Monitoring whether the things allocated are done properly
None of the above
In order to encourage investment in the country, the RBI may
Sell Securities in the open market
Increase Bank Rate
Owners of corporation having certain rights and privileges are considered as
The law of variable proportions come into being when
There are only two variable factors
There is a fixed factor and a variable factor
All factors are variable
Variable factors yield less
In case of short term production credit to farmers up to Rs 3 lac, what is the rate of interest subvention for 2014-15?
There are 20 questions to complete.