Commerce Questions and Answers - Set 13

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

View Answer

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

View Answer

Answer: Specific cost

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

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

View Answer

Answer: Personal relationships

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

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