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Student Name. *

Contact No. *

Name of the Present School & City ? *

CGPA or Percentage Scored in 10th Board Exam ? *

Present Class Studying in ? *

Class 11th

Class 12th

Career Opportunities for Commerce Student *

Chartered Accountant - CA

Company Secretary - CS

Bank PO

Finance

Cost and Management Accounting

Entrepreneurship

Marketing

Integrated Corporate Law

Human Resource Management - HR

Insurance

Other:

Required

Accountancy Multiple Choice Questions

Accounting furnishes data on

5 points

Income and cost for the managers

Financial conditions of the institutions

Company’s tax liability for a particular year

All the above

Clear selection

Long term assets having no physical existence but, possessing a value are called

5 points

Intangible assets

Fixed assets

Current assets

Investments

Clear selection

Copyrights, Patents and Trademarks are,

5 points

Current assets

Fixed assets

Intangible assets

Investments

Clear selection

What is the primary goal of financial accounting?

5 points

To minimize the risk

To maximize the return

To maximize the owner’s wealth

To raise profit

Clear selection

What is the full form of GST?

5 points

Goods and Supply Tax

Goods and Services Tax

General Sales Tax

Government Sales Tax

Clear selection

Business Studies Multiple Choice Questions

Out of four points which is not an economic activity?

5 points

Production

Social service

Investment

Trading in goods

Clear selection

Which option is not a business activity?

5 points

Production of goods

Transportation

Exchange of goods

Work in a factory for wages

Clear selection

In which business, the support service activities are categorized?

5 points

Commercial industries

Primary industries

Secondary industries

Tertiary industries

Clear selection

Policy formulation is a task of?

5 points

Top-level managers

Middle-level managers

Operational management

All of the above

Clear selection

Identify the activity which does not support trade?

5 points

Banking

Warehousing

Insurance

Mining

Clear selection

Economics Multiple Choice Questions

The central problem of an economy is

5 points

Assigning limited resources in a way that unlimited desires and needs of the society are satisfied

Ensuring a minimum income for each citizen

Assuring that production happens in the most effective way.

Analyzing the demand with market economies.

Clear selection

The goal of a pure market economy is to meet the desire of?

5 points

Consumers

Companies

Workers

The government

Clear selection

The reason for the decline in the child sex ratio in India is.

5 points

Low fertility rate

Female foeticide

Incentives for boy child from government

None of the above

Clear selection

The main economic problem faced by all society is

5 points

Unemployment

Inequality

Poverty

Scarcity

Clear selection

The fundamental concept of Economics about resources is that the resources are

5 points

equally distributed

unequally distributed

scarce

unlimited

Clear selection

General Knowledge Multiple Choice Questions

The first complete Indian Bank was established in the year.

5 points

1794

1894

1896

1902

Clear selection

GST was implemented in India from

5 points

1st January 2017

1st April 2017

1st March 2017

1st July 2017

Clear selection

Globalisation is the term used to describe process of removal of restriction on

5 points

Investment

Foreign Trade

Both (A) and (B)

None of the above

Clear selection

Which of the following is international trade:

5 points

Trade between countries

Trade between regions

Trade between provinces

Both (b) and (c)

Clear selection

Among the following options which is not the objective of the WTO?

5 points

To protect environment

To improve the Balance of Payment situation of the member countries

To improve the standard of living of peoples of the member countries

To enlarge production and trade of goods

Clear selection

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