- Deductions to senior citizens in relations to interest from deposits (including savings deposits) with Banks (or) Post Officers for the A.Y. 2019-20 is:
(a) Rs.10,000
(b) Rs.40,000
(c) Rs.50,000
(d) Rs.1,00,000 - IFST stands for:
(a) Indian Goods and Services Tax
(b) Integrated Goods and Services Tax
(c) International Goods and Services Tax
(d) Internal Goods and Services Tax - Aided and Unaided recall are related with:
(a) Advertising Budget decision
(b) Advertising Objective decision
(c) Advertising Effectiveness decision
(d) Personal selling decision - NABARD was established in the Year………….
(a) 1935
(b) 1955
(c) 1969
(d) 1982 - SLR stands for:
(a) Statutory Liquidity Rate
(b) Statutory Liquidity Ratio
(c) Statutory Liquidity Return
(d) Statutory Liquidity Risk - The ration of exchange between two groups in the indifference curve analysis is shown by……..
(a) Price line
(b) Price consumption curve
(c) Income consumption curve
(d) Production probability curve - Fixed Assets are to be shown at cost less depreciation on the basis of:
(a) Cost Concept
(b) Revenue Concept
(c) Separate Entity Concept
(d) Going Concern Concept - The operationalise online, interest, mobile banking, and debit card and credit card tools, one of the below is not essential:
(a) Compliance with the information technology Act, 2000
(b) The Right to Information Act, 2005
(c) Satellite connection
(d) Selection of a portal and server - If the correlation coefficient is 0.8; the percentage of variation in the dependent variable explained by the variation in the independent variable is:
(a) 0.80%
(b) 80%
(c) 0.64%
(d) 64% - Need for achievement, affiliation and power are associated with the theory of:
(a) Learning
(b) Perception
(c) Motivation
(d) Attitude - Which among the following is closely associated with intellectual property rights?
(a) GATS
(b) TRIMS
(c) TRIPs
(d) MFN - MCA stands for:
(a) Ministry of Company Affairs
(b) Ministry of Council Affairs
(c) Ministry of Corporate Affairs
(d) Member of Company Affairs - Implicit costs are:
(a) Equal to total cost
(b) Comprised entirely of variable cost
(c) ‘Payments’ for self-employed resources
(d) Always greater in the short-run than in the long-run - Circulating working capital is also called:
(a) Net Working Capital
(b) Regular Working Capital
(c) Temporary Working Capital
(d) Permanent Working Capital - In Regression line, What Analysis of variance (ANOVA) calculates?
(a) z-score
(b) Chi-square
(c) t-score
(d) F-ratio - Interest on Borrowed capital of a self-occupied property acquired (or) constructed after 1st April,1999 (or) repairs is deductible for the A.Y.2019-20 is up to:
(a) Rs. 30,000
(b) Rs. 1,00,000
(c) Rs. 1,50,000
(d) Rs. 2,00,000 - ……….. is a single product that marketer offer to its market for consumption.
(a) Product line
(b) Product length
(c) Product mix width
(d) Product depth - IFCI stands for:
(a) Indian Financial Corporation of India
(b) Industrial Finance Corporation of India
(c) Indian Finance Company of India
(d) International Finance Corporation of India - Amongst the following theories of recruitment, which one is not related to it:
(a) Objective factor theory
(b) Critical contrast theory
(c) Critical approval theory
(d) Subjective factor theory - Which of the following tax is levied in the case of inter -state supply?
(a) CGST
(b) SGST
(c) UTGST
(d) IGST - International trade theory which provides that capital intensive country should export labour intensive goods and import capital goods is referred to as:
(a) Mercantilism theory
(b) Leontief Paradox
(c) Heckscher-ohlin theory
(d) Theory of comparative advantage - The correct sequence of preparing final accounts is:
(a) Journal, Ledger, Trial Balance, Balance Sheet
(b) Ledger, Trial Balance, Balance Sheet, Journal
(c) Trial Balance, Balance Sheet, Ledger, Journal
(d) Journal, Trial Balance, Ledger, Balance Sheet - In the case of Giffen Good:
(a) The substitution effect is more than the income effect
(b) The substitution effect and income effect are same
(c) The income effect is more than the substitution effect
(d) The income and substitution effect cancel out each other - Which among the following is the correct character of the foreign exchange market?
(a) Foreign exchange market is domestic market
(b) Foreign exchange market is operated within a country
(c) Foreign exchange market is dynamic and round the clock market
(d) Foreign exchange market is used only for trade related transactions - One of the characteristic of normal distribution is:
(a) Mean > Median > Mode
(b) Mean < Median < Mode
(c) Mean = Median =Mode
(d) Mean ≠ Median ≠Mode - What is the maximum rate which can be imposed by a state Government under SGST Act?
(a) 28 %
(b) 20%
(c) 40%
(d) 24% - Long term capital gain on listed equity shares, units equity oriented mutual funds (or) business trust is exempted for the A.Y. 2019-20 u/s 112A is up to:
(a) Rs. 2,00,000
(b) Rs. 3,00,000
(c) Rs. 1,00,000
(d) Rs. 50,000 - ………is the act of designing the company offering and image to occupy a distinctive place in the minds of the target market.
(a) Positioning
(b) Valuation
(c) Pricing
(d) Commercialization - NSDL denotes:
(a) National Supply and Distribution Limited
(b) National Securities Depository Limited
(c) National Securities Depository and Loan
(d) National Securities Development Limited - The concept of classical conditioning was given by:
(a) Sigmund Freud
(b) Ivan Pavlov
(c) B.F. Skinner
(d) Jean Piaget - The concept of classical conditioning was given by:
(a) Sigmund Freud
(b) Ivan Pavlow
(c) B.F. Skinner
(d) Jean Piaget - Which of the following is not the agency of World Bank?
(a) MIGA
(b) ADB
(c) ICSID
(d) IDA - When shares are issued at a price higher than par value, the excess of issue price over par value is a ………….
(a) Capital Profit
(b) Capital Reserve
(c) Revenue Profit
(d) Revenue Reserve - The law of diminishing returns only applies in cases where:
(a) There is increasing scarcity of factors of production
(b) The price of extra units of a factor is increasing
(c) There is at least one fixed factor of production
(d) Capital is a variable factor - Gordon’s model relates to:
(a) Reserve Policy
(b) Capital Policy
(c) Fund Policy
(d) Dividend Policy - Stratified sample is………within and ……..between the strata.
(a) Homogeneous, Heterogeneous
(b) Homogeneous, Independent
(c) Heterogeneous, Homogeneous,
(d) Heterogeneous, Independent - Short term capital gain of unlisted companies for the A.Y. 2019-20 taxed at:
(a) 10%
(b) 15%
(c) 20%
(d) 30% - In the Company Act, 2013 under definitions sub-clause 45; “Government Company means any company in which not less than ……… percent of the paid up share capital is held by the Central Government or by any State Governments or Governments or party by the Central and party by one more state Government and includes a company which is a subsidiary company of such a Government company.
(a) 41%
(b) 45%
(c) 49%
(d) 51% - Marketers have traditionally classified products on the basis of three characteristics……..
(a) Availability
(b) Affordability
(c) Aesthetics
(d) Durability - The Workmen’s Compensation Act is enacted in the year :
(a) 1921
(b) 1923
(c) 1922
(d) 1924 - The minimum capital Adequacy Ratio (including capital conservation buffer) under Basel III norms is……….
(a) 9%
(b) 10%
(c) 10.5%
(d) 12% - Depreciation allowed on Intangible Assets (Know-how, patents, copy rights, trademarks) for the A.Y. 2019-20 is:
(a) 5%
(b) 10%
(c) 20%
(d) 25% - ………… is a cost unit of crude oil
(a) Barrel
(b) Litre
(c) Gallon
(d) Kiolgram - The utility from a bundle of goods will be maximum when the marginal utility of each commodity is equal to the price multiplied by the marginal utility of money. ‘Who has given this statements?
(a) Hicks
(b) Adam smith
(c) Marshall
(d) Samuelson - IMF was formed in:
(a) 1945
(b) 1946
(c) 1947
(d) 1948 - You obtained a sample of data that has relatively normally distributed and has no extreme scores. Which measures of central tendency you to know average of this information:
(a) Mean
(b) Median
(c) Mode
(d) Harmonic mean - Rate of tax deducted at source for wining from lotteries for the A.Y. 2019-20 (excluding surcharge, health and education cess) is:
(a) 10%
(b) 20%
(c) 30%
(d) 40% - Contribution made to an approved university, college (or) other Institutions for the use of scientific research, related (or) unrelated to the business of the assessee, weighted deduction for the A.Y. 2019-20 is.
(a) 30%
(b) 50%
(c) 75%
(d) 150% - The ‘official Liquidator’ means an official liquidator appointed under sub-section (1) of section…….of the company Act,2013.
(a) 351
(b) 359
(c) 361
(d) 369 - Which of the following is an example of a pure service ?
(a) Air travel
(b) Psychotherapy
(c) Baby oil
(d) A laptop - DEMAT stands for:
(a) Detailed Minimum Alternate Tax
(b) Dematerialised Automation
(c) Demeterilised Account
(d) Dafault minimum Alternate Tax - Sociometric ananlysis designed and developed by Jacob Levy Moreno is primarily associated with…………..
(a) Motivation
(b) Perception
(c) Group Dynamics
(d) Attitude - Which of the following is an example of an issue for which an agreement has not been made between two or more countries?
(a) Restricting harmful emissions
(b) Deep-sea mining in non-coastal areas of the oceans
(c) preserving endangered species
(d) Banning the use of certain pesticides - IFRS stands for:
(a) International Financial Reporting statements
(b) International Financial Reporting system
(c) Indian Financial Reporting statements
(d) Indian Financial Reporting statements - With fixed cost of Rs.400, a firm has average total costs of Rs.3and average variable cost of Rs. 2,50. It output is…………..
(a) 200 units
(b) 400 units
(c) 800 units
(d) 1600 units - Right to sell security is called
(a) Sell option
(b) Put option
(c) Call option
(d) Double option - Which of the following measures of central tendency is not sensitive to extreme values?
(a) Mean
(b) Median
(c) Mode
(d) Harmonic mean - Expenditure for skill development u/s 35 ccd, a weighted deduction for the A.Y.2019-20 allowed is:
(a) 50%
(b) 100%
(c) 150%
(d) 75% - Flew in capacity to may arise from………….
(a) Minority
(b) Lack of free consent
(c) Lack of consideration
(d) Absence of legal formalities - Which of the following is the first step in setting a pricing policy?
(a) Selecting a pricing method
(b) Selecting a pricing objective
(c) Determining demand
(d) Estimating cost - IRDA was founded in the year…………………..
(a) 1955
(b) 1969
(c) 1822
(d) 1999 - Which study, motion study, time study, fatigue study and rate setting are related with………
(a) Charles Babbage
(b) F.W.Taylor
(c) James Watt
(d) Robert Owen - The operations of banks and financial institution are not regulated by:
(a) The RBI Act, 1934
(b) The Banking Regulations Act, 1949
(c) Information Technology Act, 2000
(d) The companies Act, 2013 - A cost auditor is required to submit his report to the:
(a) Central Government
(b) Company Law Board
(c) Board of Directors
(d) Register of the Companies - Market penetration pricing strategy can be adopted when:
(a) Market is highly price sensitive
(b) Low price stimulates market growth
(c) Both a and b
(d) Neither a or b - GDR stands for:
(a) Global Depository Receipt
(b) Global Deposit Receipt
(c) Global Dividend Receipt
(d) Global Drawing Receipt - Analysis of variance (ANOVA) is a test for equality of………….
(a) Standard deviation
(b) Mean
(c) Percentage
(d) Only two parameters - ………..is the study that related with no. of people one can superwise.
(a) Line of control
(b) Length of control
(c) Span of control
(d) Line and staff structure of organization - UPI denotes:
(a) United Payment interface
(b) Unity program for India
(c) Union progressive India
(d) Unified Payment interface - When is a pull strategy appropriate?
(a) When there is low brand loyalty
(b) When consumers are able to perceive differences between brands
(c) When brand choice is made in the store
(d) When it is a low involvement purchase - The omission of the creditor to sue within the period of limitation:
(a) Discharge the surety
(b) Does not discharge the surety
(c) Makes the contract of guarantee void
(d) Makes the contract of guarantee illegal - Dividend received by a residential shareholder for the A.Y. 2019-20 From all foreign companies are:
(a) Fully taxable
(b) Fully exempted
(c) Taxable upto Rs. 5,00,000
(d) Taxable upto Rs. 10,00,000 - The Maastricht treaty of feburary 1922 renamed the European (EC) as:
(a) The European Union (EU)
(b) The European Economic Union (EEU)
(c) The European Economic Community (EEC)
(d) The European Monetary Union (EMU) - Primary packaging cost is an example of………..
(a) Selling cost
(b) Indirect cost
(c) Overhead cost
(d) Direct cost - The market demand curve for a perfectly competitive market is QD = 12-2P. The market supply Curve is QS = 3 + P. The market will be in equalibrium if:
(a) P = 6, Q = 9
(b) P = 5, Q = 2
(c) P = 4, Q = 4
(d) P = 3, Q = 6 - The Quotas of all the member countries with the IMF are valued in terms of:
(a) GDR
(b) SDR
(c) ADR
(d) ODR - In normal distribution, value of skewness and Kurtosis are……respectively.
(a) ∞, 0
(b) 0, 3
(c) 3, 0
(d) 0, ∞ - Children Education Allowance given for children’s Education in India the amount exempt for the A.Y. 2019-20 is limited to:
(a) Rs. 300 per child per month up to maximum of two children
(b) Rs. 200 per child per month up to maximum of two children
(c) Rs. 100 per child per month up to maximum of two children
(d) Rs. 500 per child per month up to maximum of two children - A firm in the course of its business receives money from a third party. One of the partners misapplies it:
(a) The firm is liable to make good the loss
(b) The firm is not liable to make good the loss
(c) The defaulting partner alone is liable
(d) The defaulting partner is not liable - Which of the following elements of the marketing communications mix involves a variety of short-term incentives to encourage trial or purchase of a product or service ?
(a) Advertising
(b) Direct marketing
(c) Public relations
(d) Sales promotions - PMJDY – a financial inclusion program denotes:
(a) Pradhn mantri Jan Dhan Year
(b) Pradhn mantri Jan Dhan Yojana
(c) Pradhn mantri Jan Development Yojana
(d) Pradhn mantri Job Development Yojana - “The Interpretation of Dreams” is the book authored by:
(a) B.F. Skinner
(b) Sigmund Freud
(c) Carl jung
(d) Erick Erickson - As per the foreign Trade policy 2015-2020, a three star export house should have:
(a) Export performance (FOB/FOR) of US$ 100 million during current and previous two years
(b) Export performance (FOB/FOR) of US$ 500 million during current and previous two years
(c) Export performance (FOB/FOR) of US$ 1000 million during current and previous two years
(d) Export performance (FOB/FOR) of US$ 2000 million during current and previous two years - A company is an example of a :
(a) Cost centre
(b) Production Centre
(c) Profit centre
(d) Cost unit - When demand is price inelastic:
(a) Price and total revenue change in opposite directions
(b) A seller should decrease the price to increase total revenue
(c) Too few goods are being produced from society’s point of view
(d) Price and total revenue change in the same direction - The current formula of Walter’s dividend model is:
(a) P = D/Ka = 9
(b) P = D/Kg =
(c) P = D/Ke =
(d) P = D/Kg = - In chi-square test of hypothesis, null hypothesis state that variables are………….
(a) Dependent
(b) Independent
(c) Cause and effect
(d) Random - The value of unfurnished Rent Free Accomodation owned by the employer of private sector employees where of private sector employees where the population exceeds 25 lakhs, the basis of valuation for the A.Y. 2019-20 is:
(a) 10% of salary
(b) 7.5 % of salary
(c) 20% of salary
(d) 15% of salary - If a new contract is submitted in place of an existing contract, it is called:
(a) Alteration
(b) Recession
(c) Remission
(d) Novation - ……….. aims to create liking, preference, conviction, and purchase of a product or service.
(a) Corporate advertising
(b) Reminder advertising
(c) Persuasive advertising
(d) Reinforcement advertising - Coaching, Role Playing, Case-study, Simulation are the popular methods related with which:
(a) Recruitment
(b) Selection
(c) Training and Development
(d) Retrenchment - ETF stands for:
(a) Electronic Trade funds
(b) Exchange Trade funds
(c) Exchange Tariff funds
(d) Electronic Teller funds - What is the popular term used for that type of option in foreign Exchange Market which provides the holder the right to purchase or sell foreign currency at the most favourable exchange rate realized over the life of the option?
(a) Forward reversing option
(b) Look back option
(c) Preference option
(d) Basket option - Contribution is the difference between:
(a) Sales value and variable costs of sales
(b) Sales value and fixed costs of sales
(c) Sales value and period costs of sales
(d) Sales value and overhead costs of sales - If you know that with 8 units of output, average fixed cost is Rs. 12.50 and average variable cost is Rs. 81.25, than total cost at this output level is…………..
(a) Rs. 93.75
(b) Rs. 97.78
(c) Rs. 750
(d) Rs. 880 - MPC stands for:
(a) Money Policy Committee
(b) Member Policy Committee
(c) Monetary Policy Committee
(d) Monetary Public Committee - AS the sample size becomes larger, the type –I error probability…….
(a) Increase
(b) Does not change
(c) Decrease
(d) Infinite - Mr. Smart lends Rs.5,000 to Ms. Sweety. Mr. Smart tells Ms. Sweety after a weak that she need not repay the amount, the contract is discharged by………..
(a) Breach
(b) Waiver
(c) Novation
(d) Performance - During which of the following stages in new product development dicision making do managers analyze if they can find a good thought consumers say they would try?
(a) Idea generation
(b) Idea screening
(c) Business analysis
(d) Concept development and testing - NBSFO’s:
(a) Non-Bank statutory financial organizations
(b) National Bank for securities fund organizations
(c) National Bank for statutory fund organization
(d) Non-Bank Securities financial organizationsAnswer Key
1 (c) 2 (b) 3 (c) 4 (d) 5 (b) 6 (a) 7 (d) 8 (b) 9 (d) 10 (c) 11 (c) 12 (c) 13 (c) 14 (c) 15 (d) 16 (d) 17 (a) 18 (b) 19 (c) 20 (d) 21 (b) 22 (a) 23 (c) 24 (c) 25 (c) 26 (b) 27 (c) 28 (a) 29 (b) 30 (b) 31 (b) 32 (a) 33 (c) 34 (d) 35 (a) 36 (d) 37 (d) 38 (d) 39 (b) 40 (c) 41 (d) 42 (a) 43 (c) 44 (a) 45 (a) 46 (c) 47 (d) 48 (b) 49 (b) 50 (c) 51 (c) 52 (b) 53 (b) 54 (c) 55 (b) 56 (b) 57 (c) 58 (a) 59 (b) 60 (d) 61 (c) 62 (b) 63 (d) 64 (a) 65 (c) 66 (a) 67 (b) 68 (c) 69 (d) 70 (b) 71 (b) 72 (a) 73 (a) 74 (d) 75 (d) 76 (b) 77 (b) 78 (c) 79 (a) 80 (d) 81 (b) 82 (b) 83 (a) 84 (c) 85 (d) 86 (z) 87 (b) 88 (d) 89 (d) 90 (c) 91 (c) 92 (b) 93 (b) 94 (a) 95 (c) 96 (c) 97 (b) 98 (b) 99 (d) 100 (a)