Commerce Questions and Answers for Competitive Exams | Commerce Quiz Set 12
Questions
1
India suffered from deficit balance both in trade balance and net invisibles, hence, took up a number of steps to manage this problem. Which one is not appropriate for this ?
Answer: Export control
2
The value of free accommodation in Delhi provided by employer in the private sector is
Answer: 15% of salary
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3
Under the Income Tax Act, 1961 unabsorbed depreciation can be carried forward for set-off purpose
Answer: For unspecified period
4
Which of the following denote the structural changes in Indian economy ?
Answer: All of the above
6
Which one is not an element of legal environment ?
Answer: Act of Parliamentarians in Lok Sabha
7
Conversion cost is the sum of
Answer: Direct wages, direct expenses and factory overhead
9
According to Kieth Devis, which one is not a barrier of communication ?
Answer: Technological Barriers
10
While establishing relation between Maslow’s and Herzberg’s theories, which Needs of Hierachy Theory will fall under the Hygiene Factors ?
Answer: Social, safety and physiological needs
11
All the activities involved in selling goods or services directly to final consumers for personal non-business uses are done by
Answer: Retailers
12
To manage a business well is to manage its future and to manage the future is to manage information is termed as
Answer: Management information system
13
DAGMAR approach in marketing is used to measure
Answer: Consumer satisfaction
14
Which one is not an important objective of Financial Management ?
Answer: Maximisation of social benefits
15
Which one refers to cash inflow under payback period method ?
Answer: Cash flow after depreciation and taxes
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