Commerce online quiz 25

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
Which cost increases continuously with the increase in production?
A
Avearge cost
B
Marginal cost
C
Fixed cost
D
Variable cost
Question 2
What might identity thieves do with your identity?
A
Apply for and use credit cards
B
Apply for a loan
C
Change their identity
D
All of the above
Question 3
If debentures of Rs. 3, 25, 000 are issued for the consideration of net assets of Rs. 3, 50, 000, balance of Rs. 25, 000 will be credited to?
A
Capital Reserve A / c
B
General ReserveA/c
C
Profit & Loss A/c
D
Goodwill A / c
Question 4
The maximum permissible time period to condone the delay in filing of an appeal due to sufficient causes before the Tribunal will be: (i) 1 Month (ii) 2 Months (iii) 3 Months (iv) No such time limit, if satisfied with sufficient cause for the delay Codes
A
i only
B
i & iv only
C
ii & iv only
D
iii only
Question 5
'Sensitive sector' as defined by RBI includes(s)-
A
Capital Market
B
Real Estate
C
Commodities
D
All of the above
Question 6
Net investment in operating capital is Rs 7000 and net operating profit after taxes is Rs 11, 000 then free cash flow will be
A
-Rs 18, 000.00
B
Rs 18, 000.00
C
-Rs 4, 000.00
D
Rs 4, 000.00
Question 7
Select the in correct statement regarding a 'Mutual Fund' from the given list:
  1. The 'promoter' of this fund is known as the 'sponsor'
  2. 'Trustees' of the fund are appointed by the 'sponsor'
  3. 'Sponsor' and t
A
Only I
B
Only II
C
I and III
D
None of the above
Question 8
IMF was established to meet which of the following objectives?
  1. Promoting International Monetary Cooperation
  2. Expanding International Trade
  3. Lessening the disequilibrium in balance of trade
  4. Avoiding competi
A
1, 2 and 3 only
B
1, 3 and 4 only
C
2 and 4 only
D
All 1, 2, 3 and 4
Question 9
The original cost of an asset is Rs. 4, 15, 000. The useful life of the asset is 20 years and net scrap value is estimated to be Rs. 65, 000. The amount of depreciation to be charged every year will be?
A
Rs. 17, 000
B
Rs. 17, 500
C
Rs. 18, 000
D
Rs. 18, 500
Question 10
Which of the following is not a source of long-term finance?
A
Equity shares
B
Preference shares
C
Commercial papers
D
Reserves and surplus
Question 11
The effect of a crossing a cheque is
A
The payee can obtain payment only through a bank account
B
The payee Is compelled to open an account
C
The payee will have to endorse the cheque to a bank
D
None
Question 12
Dealings in stock exchanges can be done by public.....
A
directly
B
directly or through brokers
C
only through brokers
D
only by corporate houses
Question 13
An asset possesses which of the following?
A
Future economic benefits for the business
B
All kinds of benefits for the business
C
Expenses for the business
D
Merits & Demerits for the business
Question 14
In case of materials the key factor may be.
A
Insufficient advertising
B
restrictions imposed by quota
C
low market demand
D
shortage of power
Question 15
Each member of IMF, is assigned a quota expressed in
A
Member country's currency
B
Dollar
C
Special Drawing Rights
D
None of the above
Question 16
Type of variability in which a project contributes in return of company is considered as
A
variable risk
B
within firm risk
C
corporate risk
D
Both B and C
Question 17
Bilateral arrangements instituted to restrain the rapid growth of exports of specific manufactured goods, are called
A
Administered protection
B
Voluntary export restraints
C
Imposed export restraints
D
None of the above
Question 18
The issue of equity capital in exchange of plant and machinery will cause the return on equity capital to
A
Fluctuate
B
Decrease
C
Increase
D
Remain unchanged
Question 19
A payment voucher need not be raised if the supplier is an unregistered person.
A
True, as the recipient is required to issue an invoice in that case;
B
True, if the unregistered person does not require it;
C
False, a payment voucher is the only document to evidence the supply;
D
False, payment voucher should be issued in addition to raising an invoice for the inward supply
Question 20
In an individual stock, relevant risk is classified as
A
alpha coefficient
B
beta coefficient
C
stand-alone coefficient
D
relevant coefficient
There are 20 questions to complete.

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