CG SET Commerce 2018 Solved Practice MCQ Question and Answer
CG SET Commerce 2018 Solved Practice MCQ Question and Answer
1.
Assertion (A) : GST has been introduced to reduce the cascading effect of taxes on the common men.
Reason (R): GST removes the phenomena of "multi-stage levy" of indirect taxes.
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2.
Assertion (A) : The Consumer Protection Act has been enacted to provide better protection to the consumers.
Reason (R) : The consumers will have the right to sue the company for compensation.
3.
Which of the following is not a key feature of the second generation reform? (a) Human development (b) Empowering the poor (c) Exploiting the knowledge based on global economy (d) Protecting the local industry
4.
Implicit costs arise, when :
5.
Ideal acid test ratio is:
6.
The break-even point is 20,000 units, sales are 24,000 units. The margin of safety expressed in percentage is :
7.
Which of the following standards is not current standard?
8.
Who has shown the law of diminishing returns like the law of variable proportions?
9.
10.
Assertion (A) : The demand line (curve) slopes downward to the right.
Reason (R): The amount demanded increases with a fall in price and diminishes with a rise in the price.
11.
Who told that utility is measurable ?
12.
The degree of relationship among fixed assets turnover ratio, working capital turnover ratio and return on capital employed can be measured by :
13.
ERP includes : (a) SAP (b) Resource Planning
14.
Which of the following are absolute measures of dispersion?
(a) Range
(b) Standard deviation
(c) Mean deviation
(d) Coefficient of variation
(e) Quartile deviation
(f) Coefficient of quartile deviation
15.
An organized approach for evaluating the strengths and weaknesses of current or potential competitor's marketing strategies is called:
16.
A statement of relationships among marketing variables is known as:
17.
The controllable variable a company puts together to satisfy a target group is called:
18.
The correct sequence for 4 A's of marketing are:
19.
"A growth firm should not pay any dividend." This statement is associated with: (a) Walter's Model (b) Gordon's Model (c) M.M. Model (d) Durand's Model
20.
If operating expenses are ₹100000 and operating cycle in a year is 1.25 then Working capital will be:
21.
What will be the Post-Pay-Back profitability if life period of a machine is 10 years, Pay-Back-Period 6 years and annual earnings is ₹5000?
22.
Which is the correct equation that calculates profit before tax (P)? Assume Selling Price per unit = ₹S, Variable Cost per unit = ₹V, Number of units sold = U units and total fixed costs = ₹F.
23.
Enhancement of Job Satisfaction and productivity are key characteristics of which theoretical perspective of work design?
24.
Which one of the following is not a characteristic of the Job Characteristics model?
25.
Identify the managerial function out of the following functions of HR Managers:
26.
Laboratory Training is also known by the name:
27.
Which of the following have contributed to the share capital of NABARD?
(a) RBI (b) SIDBI (c) IDBI (d) IFCI (e) Govt. of India
28.
Which of the following are taken as NPAs? (a) Doubtful assets (b) Doubtful liabilities (c) Substandard assets (d) Riskful assets (e) Loss assets
29.
Assertion (A): Prudential regulations over financial institutions are the most critical input for their success. Reason (R): Prudential regulations are needed by banks so that they are on the track.
30.
Assertion (A): All India development banks failed to achieve their objectives. Reason (R): The development banks are at present joint stock companies like ICICI Bank Ltd. and IDBI Bank Ltd.
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