10000 MCQ /questions on commerce questions answers
Income elasticity is computed by
ei = (Y2-Y1 ) / e1
ei = (Y1-Y2 ) / P1
ei = ( (Q2-Q1 ) / Q1) / ((Y2-Y1 ) / Y1)
ei = (Q2-Q1 ) / P1
The situation of monopolistic competition is created by
Small number of producers of a commodity
Lack of homogeneity of the product produced by different firms
Imperfection of the market for that product
All of the above
Spearman's method of calculating coefficient of correlation is based on
None of the above
is the oldest branch of accounting.
none of these
Which is the most important characteristic that all assets of a business have?
Long life of assets
Value of assets
Intangible nature of assets
Future economic benefits
Costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as
When the perfectly competitive firm and industry are in long run equilibrium, then
P = MR = SAC = LAC
D = MR = SMC = LMC
P = MR = Lowest point on the LAC curve
All of the above
Which one of the following is not one of the elements of the 75 McKinsey Model for analyzing and improving organizational effectiveness?
Which of the following is NOT a source of funds of a commercial bank?
Borrowings from RBI
Cash reserves with RBI
Assume that consumer's income and the number of sellers in the market for good X both falls. Based on this information, we can conclude with certaintty that the equilibrium
Price will decrease
Price will increase
Quantity will decrease
Quantity will increase
Relationship between independent variable and dependent variable must be
MBO approach in management was introduced by-
M. P. Follet
Assertion (A): A company registered under the Companies Act, 1956 is a juridical person distinct from its members. Reason (R): Corporate veil cannot be lifted.
Both A and R are true and R is the correct explanation of A
Both A and R are true but R is NOT a correct explanation of A
A is true but R is false
A is false but R is true
.....does not form part of production.
Both (A) and (B)
none of these
High price to earning ratio shows company's
low dividends paid
high risk prospect
high growth prospect
high marginal rate
While entering the library, the personal belongings of a reader is kept in.....
In stock option, a little chance exists for large gain on stock when price of stock
have volatile movement
In specification analysis, assumptions related to residuals states must be
In the case of agricultural advances, banks shall not obtain collateral security for loans up to.....
Rs 25, 000
Rs 50, 000
Rs 100, 000
Rs 200, 000
Suppose a goods vehicle contains 10 consignments having a total value of Rs.4, 20, 000/-. Out of the above 2 consignments are of a transactions value of Rs.60, 000/-and 72, 000/-respectively whereas the individual value of the remaining 8 consignmentsare l
10 e-generated prescribed documents from the common portal for transportation
2 e-generated prescribed document in respect of the entire consignment
2 e-generated documents in respect of the consignment having he transaction value of more than Rs.50, 000/-
No E-generated Document at all
There are 20 questions to complete.