Miscellaneous in Commerce MCQ Questions and Solutions with Explanations

Miscellaneous in Commerce MCQ Questions and Solutions with Explanations | Commerce

Miscellaneous in Commerce MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Miscellaneous in Commerce MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-4 section-3

Given below are two statement, one labelled as Assertion (A) and the other as Reason (R):
Assertion (A): Rationalisation refers to the reorganisation of relationship between the firms and industry.
Reason (R): Rationalisation seeks not merely to regulate the internal working of a firm but attempts to reorganise an industry on right lines.
Choose the correct answer from the options given below

A) Both (A) and (R) are true and (R) is correct explanation on (A) B) Both (A) and (R) are true but (R) is not the correct explanation of (A) C) (A) is true but (R) is false D) (A) is false but (R) is true

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

The main objective of the lean manufacturing scheme is

A) To protect the environment B) Reduce waste C) Ensuring development D) Optimum utilization

Discuss

Answer & Solution

Answer: Option B

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ADR's and GDR's are an excellent means of investment to invest in India for

A) NRI's B) Foreign nationals C) Both A and B D) None of the above

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Answer & Solution

Answer: Option C

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In the recent years - the major gain in logistical efficiency have come from which one of the following?

A) Advancement in Information Technology B) Reduction in petroleum prices C) Fast order processing D) Increase in production of commercial vehicles

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Answer & Solution

Answer: Option A

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The total number of Special Economic Zones notified by the Government of India till March 2011 under the SEZ Act, 2005 is

A) 154 B) 184 C) 286 D) 386

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Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Assertion (A): In essence, the acts of collecting, processing, storing, retrieving and transporting information comprise the functions of office.

Reason (R):
Office management is, thus the same as information management.
Select the correct answer by using the options given below:

A) Both (A) and (R) are true and (R) is the correct explanation of (A) B) Both (A) and (R) are true, but (R) is not correct explanation of (A) C) (A) is true but (R) is false D) (A) is false but (R) is true

Discuss

Answer & Solution

Answer: Option A

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Which of the following does not fit into the characteristics of office system?

A) Flexibility B) Systematic C) Adaptable D) Acceptability E) Complex Structure

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Answer & Solution

Answer: Option E

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Office layout aims at:

A) optimum utilisation of space B) providing larger accommodation C) providing open space D) providing bigger space for office manager

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Answer & Solution

Answer: Option A

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Which of the following statements is not correct in regards to Foreign Portfolio Investment?

A) It involves stocks B) It involves ADRs C) It involves GDRs D) It involves SDR

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Answer & Solution

Answer: Option D

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The prime function of accounting is to:

A) To record economic data B) Provide the information basis of action C) Classifying and recording business transaction D) Attainment of economic goal

Discuss

Answer & Solution

Answer: Option C

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