Miscellaneous in Commerce MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5

51.
Goods sold to a customer on 'Sales on Approval' basis is recorded as

A. Cash sales

B. Credit sales

C. Closing stock

D. Debtor

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52.
With reference to Capital Assets Pricing Model, which of the following is correct?

A. It is one-factor model

B. It is two-factors model

C. It is multifactors model

D. It does not follow a normal distribution

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53.
The purpose of financial accounts is reporting to:

A. Management only

B. Government only

C. Investor only

D. All of these

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54.
Dummy workers are associated with:

A. Only skilled workers working in a factory

B. Only unskilled workers working in a factory

C. Both skilled and unskilled workers working in a factory

D. inclusion of fictitious names not working in a factory

E. Inclusion of skilled workers name against unskilled workers and unskilled workers name against the name of the skilled workers

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55.
Match List-I with List-II and select the correct answer using the option given below the lists-

List-I List-II

a. Departmental undertaking 1. Bharat Heavy Electricals

b. Control Boards 2. Oil and Natural Gas Commission

c. Government Companies 3. Hirakund Control Board

d. Public Statutory Corporation 4. Diesel Locomotive Works

A. a-1, b-4, c-3, d-2

B. a-4, b-3, c-1, d-2

C. a-2, b-3, c-1, d-4

D. a-4, b-3, c-2, d-1

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56.
In which of the following Stock Exchanges the GDR's are listed?
(i) London Stock Exchange
(ii) New-York Stock Exchange
(iii) Luxembourg Stock Exchange
(iv) Bombay Stock Exchange
(v) Singapore Stock Exchange
(vi) Hong Kong Exchange
Identify the correct combination:

A. (i), (ii) and (iii)

B. (i), (iv), (v) and (vi)

C. (iii), (iv), (v) and (vi)

D. (i), (iii), (v) and (vi)

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57.
Statement I: In India a "copyright" of an unpublished book can be registered under copyright Act of India.
Statement II: Once granted by the European Patent Office, the proprietor has a patent which is effective in all contracting states of the patent cooperation treaty and the agreement on the trade related aspects of IPR.

A. Statement (I) is correct and (II) is false

B. Statement (II) is correct and (I) is false

C. Statements (I) and (II) both are correct

D. Statements (I) and (II) both are false

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58.
The first electronic computer was developed-

A. 1936

B. 1940

C. 1956

D. 1976

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59.
The reduction in the value of the fixed assets which can arise due to time factor is:

A. Discount

B. Depreciation

C. Reduction

D. None of these

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60.
As per John F. Welsh, the CEO of General Electric Company, all except one are the part of success rules for office managers. Which of the following is the exception?

A. Face Reality as it is. Not as it would or as you wish it may be

B. Be candid with everyone

C. If you don't have a competitive advantage, don't compete

D. Manage, don't lead

E. Change before you have to

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1 2 3 4 5 6 7 8 9 10

List-I	List-II
a. Departmental undertaking	1. Bharat Heavy Electricals
b. Control Boards	2. Oil and Natural Gas Commission
c. Government Companies	3. Hirakund Control Board
d. Public Statutory Corporation	4. Diesel Locomotive Works

Miscellaneous in Commerce MCQ Questions and Solutions with Explanations | Commerce

51. Goods sold to a customer on 'Sales on Approval' basis is recorded as

Answer & Solution

52. With reference to Capital Assets Pricing Model, which of the following is correct?

Answer & Solution

53. The purpose of financial accounts is reporting to:

Answer & Solution

54. Dummy workers are associated with:

Answer & Solution

Answer & Solution

56. In which of the following Stock Exchanges the GDR's are listed? (i) London Stock Exchange (ii) New-York Stock Exchange (iii) Luxembourg Stock Exchange (iv) Bombay Stock Exchange (v) Singapore Stock Exchange (vi) Hong Kong Exchange Identify the correct combination:

Answer & Solution

Answer & Solution

58. The first electronic computer was developed-

Answer & Solution

59. The reduction in the value of the fixed assets which can arise due to time factor is:

Answer & Solution

60. As per John F. Welsh, the CEO of General Electric Company, all except one are the part of success rules for office managers. Which of the following is the exception?

Answer & Solution

Read More Section(Miscellaneous in Commerce)

51.
Goods sold to a customer on 'Sales on Approval' basis is recorded as

52.
With reference to Capital Assets Pricing Model, which of the following is correct?

53.
The purpose of financial accounts is reporting to:

54.
Dummy workers are associated with:

56.
In which of the following Stock Exchanges the GDR's are listed?
(i) London Stock Exchange
(ii) New-York Stock Exchange
(iii) Luxembourg Stock Exchange
(iv) Bombay Stock Exchange
(v) Singapore Stock Exchange
(vi) Hong Kong Exchange
Identify the correct combination:

58.
The first electronic computer was developed-

59.
The reduction in the value of the fixed assets which can arise due to time factor is:

60.
As per John F. Welsh, the CEO of General Electric Company, all except one are the part of success rules for office managers. Which of the following is the exception?