0032016 Related Question Answers

1. Charging low price in the international market and high price in the home market is called :





2. The assets bought for long term use are termed as----------assets.





3. Notary Public is a-----------appointed by the Government.





4. Subscription received in advance during the year is :





5. Exim Bank was established in the year :





6. Who among the following is popularly known as Father of Co-Operative movement?





7. A bank Draft is drawn by :





8. Which of the Following is the Capital Market Regulator?





9. According to Basel II, The capital adequacy ratio for Banks is :





10. Interest on Drawings is Credited to :





11. Price Discrimination is possible in which of the following market situation?





12. Sales Revenue is Rs. 8,00,000 and P/V Ratio is 40%. Then the amount of Contribution will be:





13. The Consumer Protection Act Was passed in which year?





14. Which of the following Companies Act was passed in India recently?





15. A single legislation to replace various Indirect Tax Legislations is the following :





16. IFCI was started as a specialized Financial institution in India in the Year :





17. Average clause in a General insurance contract discourages :





18. Opening balance of debtors is Rs. 30,000, Cash received from debtors is Rs. 6.000, Goods sold to debtors is Rs. 40,000, Goods returned by debtors is 1000. What is the closing balance?





19. Selling price per Unit is Rs. 12, Variable cost per unit is Rs. 5, Fixed expenses Rs. 1,40,000. What will be the BEP?





20. Narasimham Committee Report on Financial sector Reforms was Tabled in Parliament in which of the following years?





21. Total sales of an organization is Rs. 5,00,000 and Margin of safety is Rs. 2,00,000. Calculate Break Even sales:





22. Wages paid for installing an asset is to be debited to--------Account.





23. In Responsibility Accounting, each area of activity is treated as a :





24. When Imputed costa arc deducted from Accounting profit, we will get:





25. If a Company Issued Rs. 5,00,000 worth of Equity and Rs. 15,00,000 worth of Debt Capital, Its Capitalization is said to be :





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