GkSeries.com

Commerce Questions and Answers for Competitive Exams | Commerce Quiz Set 13

Download PDF

Free Download as PDF Commerce Quiz Questions and Answers for Competitive Exams or solved MCQs with answers. These quiz objective questions are helpful for competitive exams SSC, UPSC, IAS, IPS, CDS, NDA, Railways or RRB, psc exams of Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura, Uttar Pradesh, West Bengal, Chhattisgarh, Uttarakhand, Jharkhand, Telangana etc.
Go To Download Page
(1) The concept of present value is based on the
[1] Principle of compounding
[2] Principle of discounting
[3] (A) and (B)
[4] None of the above
Answer: Principle of discounting
(2) Cost of capital from all the sources of funds is called
[1] Specific cost
[2] Composite cost
[3] Implicit cost
[4] Simple Average cost
Answer: Specific cost

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

(3) On which of the following, at the initial stage, the Indian IT companies relying more for getting good IT professionals ?
[1] Job Portals
[2] Placement Agencies
[3] Campus Placement
[4] All of the above
Answer: Campus Placement
(4) In India, the Commercial Banks are given license of operation by
[1] The Government of India
[2] The Ministry of Finance
[3] Reserve Bank of India
[4] Banking Companies Regulation Act, 1949
Answer: Reserve Bank of India
(5) Imperial Bank was established on January 27, 1921 on the advise of
[1] J. M. Keynes
[2] Lord Illingworth
[3] King George V
[4] Winston Churchill
Answer: J. M. Keynes
(6) The provisions of General Reserve in Banking Companies are made keeping in view the provisions of
[1] Indian Companies Act, 1956
[2] Banking Companies Act, 1949
[3] SEBI Act, 1992
[4] Statutory Auditor
Answer: Banking Companies Act, 1949
(7) EPCG denotes
[1] Export Potential and Credit Guarantee
[2] Earning Promotion and Credit Guarantee
[3] Export Promotion and Credit Guarantee
[4] Export Potential and Credit Goods
Answer: Export Promotion and Credit Guarantee
(8) Which one is not an objective of IMF ?
[1] To promote international monetary co-operation
[2] To ensure balanced international trade
[3] To finance productive efforts according to peace-time requirement
[4] To ensure exchange rate stability
Answer: To finance productive efforts according to peace-time requirement
(9) Which one is not an international organisation ?
[1] SAARC
[2] ASEM
[3] ASEAN
[4] CBDT
Answer: CBDT
(10) Which of the following sector is not open for 100% foreign direct investment ?
[1] Oil refining
[2] Airport development
[3] Power plants
[4] Coal
Answer: Coal
(11) Which of the following statements is true ?
[1] Rate of return on capital is Acid Test Ratio.
[2] Equity capital to fixed interest- bearing securities is a turnover ratio.
[3] Capital gearing is the ratio of equity capital to fixed-interest bearing securities.
[4] Input and output ratio is a measure of profitability
Answer: Capital gearing is the ratio of equity capital to fixed-interest bearing securities.
(12) If sales of a firms are ` 74 lakh; variable costs ` 40 lakh; fixed costs ` 8 lakh, then operating leverage of the firm will be
[1] 1.87
[2] 2.51
[3] 1.31
[4] 3.27
Answer: 1.31
(13) Which one of the following is not the probability based sampling technique ?
[1] Cluster sampling
[2] Stratified sampling
[3] Snow-ball samplingSnow-ball sampling
[4] Multi-stage sampling
Answer: Snow-ball sampling
(14) The tendency to perceive another person as belonging to a single class or category is known as
[1] Stereotyping
[2] Halo effect
[3] Assimilation
[4] Attribution
Answer: Stereotyping
(15) Which of the following is not a feature of Weber’s ‘Bureaucracy’ ?
[1] Hierarchy
[2] Official rules
[3] Division of work
[4] Personal relationships
Answer: Personal relationships

View All Commerce Practice Test Sets

Please share this page

Click Here to Read more questions

Teacher Eligibility Test