10000 MCQ /questions on commerce questions answers
What will be the Time Limit for Issuing a Certificate of TDS Deduction to the Deductee?
Within 5 Days of the TDS Remittance to the Appropriate Govt.
Within 10 Days of the TDS Remittance to the Appropriate Govt.
Within 15 Days of the TDS Remittance to the Appropriate Govt.
As and When the Deductee asks for the same.
Cost of common stock is 13% and bond risk premium is 5% then bond yield would be
Which of the following is not an element of marketing mix?
Product life cycle
An earning before interest, taxes, depreciation and amortization average multiple for publicly traded companies is classified as
Interest on drawings is
expenditure for the business,
expense for the business,
gain for the business
loss for the business
Re-ordering level = Maximum consumption x.....
Average re-order period
Maximum re-order period
Which bank was incorporated as one of the public sector bank in India during 2004-05?
IDBI Bank Ltd
Yes Bank Ltd
UTI Bank Ltd
Which section of Banking Regulation Act 1949 provides nomination for payment of depositor's money?
Profit margin = 4.5%, assets turnover = 2.2 times, equity multiplier = 2.7 times then return on assets will be
Condition in which company's imports are more than its exports is classified as
foreign trade deficits
foreign trade surplus
Out of the IGST paid to the Central Government in respect of import of goods or services, if the registered taxable person does not avail the said credit within the specified period and so remains in the IGST account, what is the treatment?
Refund it back to the taxable person.
Can be claimed after the expiry of the specified period. Apportionment of Tax and Settlement of Funds 341 Indirect Taxes Committee
Apportion to the Central Government based on rate equivalent to CGST on similar intra-State supply and Apportion to the state where such supply takes place.
None of the above.
India abolished quantitative restrictions on imports of 1429 items in 2000 and 2001 as per the commitment to which of the following
Municipal tax Rs.6000 under dispute is a
On 29th May 2014, India was granted $ 1006. 20 million for Sarva Shiksha Abhiyan III, the largest outgoing 'Education for All' programme in the world, by which organization?
Process costing is also known as.....costing.
Under which principle, all the rights of an insured are transferred to insurance company after making payment of claim?
Utmost good faith
..... tax is levied on inter-state supply of goods and services?
Which one of the following is true statement
A balance of trade deals with export and import of invisible items only.
A balance of payment deals with both visible and invisible items.
The current account is not a component of balance of payment.
All of the above
Which of the following accounts will be credited if a company purchases building for cash?
Fixed assets account
What is 'STT'?
Standard Transaction Tax
Securities Transaction tax
Securities Transfer tax
Standard Transfer tax
There are 20 questions to complete.