JOIN ADRE 2.0 Telegram Group

Commerce Questions and Answers for Competitive Exams | Commerce Quiz Set 5

Questions
1 Interest earned by a depositor against a deposit with a commercial bank for custodial service :
1 is a fund based income
2 is a fee based income
3 is a combination of fund and fee based gain
4 is a commitment based gain

Answer: is a fund based income
2 The operations of banks and financial institutions are regulated by :
1 The RBI Act 1934 only
2 The Banking Regulation Act 1949 only
3 Information Technology Act 2000 only
4 All of the above

Answer: All of the above
Advertisement
Article and Schedule Quiz Start Test!

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

3 To operationalise online, internet, mobile banking, debit card and credit card tools, some of the essential ingredients are :
1 Compliance with the Information Technology Act 2000
2 Satellite connection
3 Selection of a portal and server
4 All of the above

Answer: All of the above
4 Any country consistently facing balance of payment deficiency can approach
1 The World Bank
2 The Smithsonian Institute
3 IMF
4 The IMF and the IBRD

Answer: IMF
5 Counter–trade means :
1 A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries
2 A company takes full responsibility for making its goods available in the target market by selling directly to the end-users.
3 The companies in two separate sovereigns agree to exchange one set of goods for another set of goods
4 A set of multilateral trade where one of goods and services may be exchanged for another set of goods and services among the trading partners.

Answer: A sort of bilateral trade where one set of goods is exchanged for another set of goods and a seller provides a buyer with deliveries
6 The floating rate system is characterised by :
1 the market forces that determine the exchange rate between two currencies.
2 the central banking authorities of the two countries mutually agree upon the rate.
3 help realigning the par value of major currencies.
4 the rate of exchange mutually agreed upon between IMF and its member nations

Answer: the market forces that determine the exchange rate between two currencies.
7 A practice of selling a commodity in a foreign market at a price lower than the domestic price; and even at equal to the cost of production to capture foreign market is known as :
1 Gouging
2 Forging
3 Dumping
4 Forfeiting

Answer: Dumping
8 The highest percentage of export from India went to which of the following regions in 2013-14 ?
1 OECD countries
2 SAARC
3 USA
4 Latin America

Answer: OECD countries
9 X Ltd. goes into liquidation and a new company Z Ltd. purchases the business of X Ltd. It is a case of :
1 Amalgamation
2 Internal reconstruction
3 Absorption
4 External reconstruction

Answer:External reconstruction
10 When the cost incurred on recruiting, training and developing the employees is considered for determining the value of employees, it is called :
1 The replacement cost approach
2 The opportunity cost approach
3 The historical cost approach
4 None of the above

Answer: The historical cost approach
11 In India, NIFTY and SENSEX are calculated on the basis of :
1 Market capitalisation
2 Paid up capital
3 Authorized share capital
4 Free-float market capitalisation

Answer: Free-float market capitalisation
12 Financial Instruments which are issued with detachable warrants and are redeemable after certain period is known as
1 Deep Discount Bonds
2 Bunny Bonds
3 Secured Premium Notes
4 Junk Bonds

Answer: Secured Premium Notes
13 In addition to motivation, learning and memory, which one of the following is included in the main psychological processes affecting consumer behaviour ?
1 Perception
2 Life cycle
3 Life style
4 Social class

Answer: Perception
14 Which one of the following is not a stage in the product life cycle ?
1 Introduction
2 Growth
3 Equilibrium
4 Decline

Answer: Equilibrium
15 Which one of the following is correct statement in respect of co-branding ?
1 Co-branding is an umbrella branding of goods of a company
2 In co-branding, two or more well-known existing brands are combined into a joint product.
3 Co-branding is the process of combining two brands for promoting brand equity.
4 All of the above

Answer: In co-branding, two or more well-known existing brands are combined into a joint product.

View All Commerce Practice Test Sets

ADRE 2.0 FULL LENGTH MOCK TEST

Take Mock Tests

Missiles Mock Test Start Test!
SSC MTS Mock Test Start Test
IBPS CLERK MOCK TEST Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH) Start Test!
IB Security Assistant Mock test 1 (english) Start Test!
UP POLICE CONSTABLE MOCK TEST 1 Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) Start Test!
Advertisement
Assam Direct Recruitment Test Series