Commerce online quiz 36

By | August 21, 2018

10000 MCQ /questions on commerce questions answers

Question 1
.....dividend promises to pay shareholders at future date
A
Scrip
B
Cash
C
Stock
D
Property
Question 2
The most efficient scale of production of a firm is where
A
LAC is minimum
B
SAC is minimum
C
LMC is minimum
D
SMC is minimum
Question 3
Weighted average of probabilities is classified as
A
average rate of return
B
expected rate of return
C
past rate of return
D
weighted rate of return
Question 4
Composition levy is applicable to the taxable persons whose aggregate turnover-
A
Did not exceed 50 lakh in the current year
B
Did not exceed 50 lakh in the preceding year
C
Did not exceed 60 lakh in the current year
D
Did not exceed 60 lakh in the preceding year
Question 5
A type of project whose cash flows would not depend on each other is classified as
A
project net gain
B
independent projects
C
dependent projects
D
net value projects
Question 6
Which of the following is true when a debtor pays his dues?
A
The asset side of the balance sheet will decrease
B
The asset side of the balance sheet will increase
C
The liability side of the balance sheet will increase
D
There is no change in total assets or total liabilities
Question 7
When a liability is reduced or decreased, it is recorded on the:
A
Left or credit side of the account
B
Right or debit side of the account
C
Right or credit side of the account
D
Left or debit side of the account
Question 8
The foundation for induction of computer technology in the Indian banking system was laid with the recommendations of which of the following committees?
A
Abid Hussain Committee
B
Deepak Parekh Committee
C
Rangarajan Committee
D
Narsimham Committee
Question 9
Which research includes all types of researchers into human motives when it refers to qualitative research designed to uncover the consumer's subconsciousness or hidden motivations?
A
Motivational Research
B
Marketing Research
C
Managerial Research
D
Price Research
Question 10
If an unexplained variation is 456870 and total variation is 955000, then coefficient of determination will be
A
0.4528
B
0.4783
C
0.5216
D
0.5425
Question 11
The elasticity of demand of durable goods is
A
Less than unity
B
Greater than unity
C
Equal to unity
D
Zero
Question 12
Degree of influence that a manager would have on revenues, cost, profit and investment is known as
A
controllability
B
influential power
C
responsibility
D
all of above
Question 13
Which of the following will be the co-investor for India Aspiration Fund (IAF) and SIDBI Make In India Loan For Enterprises (SMILE), funds launched by SIDBI?
A
GIC
B
LIC
C
SBI Finance
D
Tech M
Question 14
If demand in units is 18000, relevant ordering cost for each year is $150 and an order quantity is 1500, then annual relevant ordering cost would be
A
$200
B
$190
C
$160
D
$180
Question 15
A bank located usually in another country that provides service for another bank is
A
Foreign bank
B
Central bank
C
Correspondent bank
D
World bank
Question 16
What is NOT true with regard to Companies Act 2013?
A
An Individual can set up "One person Private Ltd Company"
B
An independent Director can hold 3 consecutive terms of 3 years
C
Listed Companies must have at least 1/3rd independent Directors
D
Prescribed Companies must have at least 1 woman Director on the Board
Question 17
Type of accounting, which focuses on whom should be asked for information and whom not will be categorized as
A
focused accounting
B
responsibility accounting
C
information accounting
D
blame accounting
Question 18
Variable costs change with change in output.
A
Proportionately
B
Inversely
C
Disproportionately
D
Sometimes
Question 19
The requirements of a particular job are known as.....
A
Job description
B
job specifications
C
job evaluation
D
Both (A) and (B)
Question 20
Business includes.....
A
non-economic activities
B
economic activities
C
social activities
D
production activities
There are 20 questions to complete.

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