# Commerce online quiz 328

By | August 21, 2018

## 10000 MCQ /questions on commerce questions answers

 Question 1
According to exercise value and option price, market value of option will be zero when
 A stock price is maximum B option price is zero C stock price is zero D stock price is minimum
 Question 2
Cost function, in which graph of total cost would not result in straight line is classified as
 A nonlinear cost function B linear cost function C linear price function D nonlinear price function
 Question 3
Deduction under section 80CCC is allowed to the extent of
 A Rs. 2, 00, 000 B Rs. 1, 00, 000 C Rs. 4, 00, 000 D None of the above
 Question 4
Tendency of moving together of two variables is classified as
 A correlation B move tendency C variables tendency D double tendency
 Question 5
The moral beliefs held by an individual.
 A Values B Rights C Duties D Personal
 Question 6
Net income available to stockholders is Rs 125 and total assets are Rs 1, 096 then return on common equity would be
 A 0.11% B 11.40% C 0.12 times D 12.00%
 Question 7
The Government of India and World Bank Sign $500 Million Agreement recently to Improve Rural Water Supply and Sanitation Services in Four Indian States. What are these states?  A Assam, Bihar, Jharkhand and Uttar Pradesh B Manipur, Bhopal, Odisha and Bangalore C Chennai, Bhopal, Bihar and Jharkhand D Uttar Pradesh, Assam, Bihar and Chennai  Question 8 At what price is the stock valued under conventional method?  A At cost price B At market price C At cost price or market price whichever is lower D At cost price or market price whichever is higher  Question 9 Which process can preventata from lose due to computer problems or human errors?  A backup B recovery C benchmarking D data cleansing  Question 10 If the inputs are not received back within the prescribed limit by the principal then, who is responsible to pay the GST?  A Job worker B Principal C Job worker is responsible when sending such inputs and Principal needs to reverse the ITC taken earlier. D None of the above  Question 11 If budgeted cost in indirect cost pool is$139600 and total quantity of cost allocation base is $155600, then budgeted indirect cost rate would be  A 69.72% B 79.72% C 99.75% D 89.72%  Question 12 Which of the following financial statements shows the movement of cash and cash equivalents during an accounting period?  A Income statement B Balance sheet C Cash flow statement D Statement of changes in equity  Question 13 The real accounts are accounts of Assets, Liabilities and  A Expenses B Revenues C Capital D Drawing  Question 14 What is rate of tax of IGST?  A CGST rate B SGST rate C CGST + SGST rate D VAT rate  Question 15 The subsidiary voucher produced in the absence of primary voucher is called?  A General voucher B Note-book voucher C Counterfoil D Collateral voucher  Question 16 Which one is not used as a security mechanism?  A Encryption B Cryptography C Wallets D Digital signature  Question 17 Recommendations of Malegam committee on Micro Finance Sector do not include.....  A MFI should not charge more than 24% of its disbursed loans B Processing fee on the loan amount must not be more than 1% C Margin of interest to be not more than 20 per cent D MFIs should lend to an individual borrower only as a member of a JLG and should have the responsibility of ensuring that the borrower is not a member of another JLG  Question 18 Cross utilization of ITC is ot allowed between:  A SGST and CGST B SGST and IGST C IGST and CGST D None of the above  Question 19 If percentage of overall gross margin is 15 and final sales value of whole production is$20000, then gross margin (in dollars) will be
 A $30, 000 B$300, 000 C $40, 000 D$400, 000
 Question 20
An investor who buys shares and writes a call option on stock is classified as
 A put investor B call investor C hedger D volatile hedge
There are 20 questions to complete.