Forwarded from Professor Madhav
Q 95 Which of the following statements are correct?
I. Inventory includes raw materials, finished goods and work – in – progress. II. Inventory is a part of the working capital. III. Inventory includes goods likely to be purchased.
I. Inventory includes raw materials, finished goods and work – in – progress. II. Inventory is a part of the working capital. III. Inventory includes goods likely to be purchased.
Anonymous Quiz
31%
(A) I, II and III
23%
(B) II and III
22%
(C) I and III
24%
(D) I and II
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Q 96. Under Section 80E of the Income Tax Act, 1961 deduction in respect of payment of interest on loan taken for higher education shall be allowed up to
Anonymous Quiz
12%
(A) Rs. 10,000
21%
(B) Rs. 15,000
19%
(C) Rs. 20,000
48%
(D) Without any limit
Forwarded from Deleted Account
Q. 97 Under capital gains head of the Income Tax Act, the income from sale of Household Furniture is
Anonymous Quiz
12%
(A) Taxable Income
25%
(B) Capital Gain
18%
(C) Revenue Gain
45%
(D) Exempted Income
Forwarded from Deleted Account
Q 97. Interest on capital paid by a firm to its partners, under the Income Tax Act, 1961, is allowed
Anonymous Quiz
16%
(A) 6%
56%
(B) 12%
20%
(C) 15%
8%
(D) 18%
Forwarded from Deleted Account
Q 98. For the Assessment Year 2011-12, deduction under Sec. 80G is available without any limit but at the rate of 50% on
.
.
Anonymous Quiz
39%
(A) Prime Minister’s National Relief Fund
27%
(B) National Foundation for communal Harmany.
21%
(C) Jawahar Lal Nehru Memorial Fund.
14%
(D) Chief Minister Relief Fund.
Forwarded from Deleted Account
Q. 98 Minimum Alternative Tax (MAT) under Sec.115 JB of the Income Tax Act is applicable on
Anonymous Quiz
12%
(A) Partnership firm
22%
(B) Association of persons
14%
(C) Certain companies
52%
(D) All types of companies
Forwarded from Deleted Account
Q 99. Which one is a not Non-Marketable security?
Anonymous Quiz
15%
(A) Corporate Securities
22%
(B) Bank Deposits
16%
(C) Deposits with Companies
46%
(D) Post Office Certificates and Deposits
Forwarded from Deleted Account
Q100. The Securities and Exchange Board of India was not entrusted with the function of
Anonymous Quiz
16%
(A) Investor Protection.
17%
(B) Ensuring Fair practices by companies.
33%
(C) Promotion of efficient services by brokers.
35%
(D) Improving the earnings of equity holders.
Forwarded from Deleted Account
Q. 101. Which one is not Finance Company?
Anonymous Quiz
14%
(A) Hire-Purchase Finance Company
53%
(B) IRDA
17%
(C) Mutual Benefit Finance Companies
16%
(D) Loan Companies
Forwarded from Deleted Account
Q.102 Which one of the statements is not true?
Anonymous Quiz
17%
(A) Institutional infrastructure facilitates market intelligence.
25%
(B) STC is the chief canalizing agent for export and import of agricultural products.
25%
(C) IIPO organizes trade fairs and exhibitions.
33%
(D) Letter of credit does not indicate that the bank will pay the value of imports to the exporter.
Forwarded from Deleted Account
Q102. Which one is not international institution?
Anonymous Quiz
16%
(A) IMF
15%
(B) IDA
14%
(C) IBRD
54%
(D) TRAI
👍2
Forwarded from Deleted Account
Q 103.SDRs are popularly known as
Anonymous Quiz
34%
(A) Currency Notes
36%
(B) Paper Gold
18%
(C) Silver Coin
12%
(D) Gold Coin
Forwarded from Deleted Account
Q 104 Which one of the following is true statement?
.
.
Anonymous Quiz
10%
(A) A balance of trade deals with export and import of invisible items only.
33%
(B) A balance of payment deals with both visible and invisible items
11%
(C) The current account is not a component of balance of payment.
46%
(D) All the above.
Forwarded from Deleted Account
Q. 105 India is not associated with
Anonymous Quiz
18%
46%
(B) NAFTA
17%
(C) BRICS
19%
(D) None of the above
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Five Best Books for cracking UGC NET Commerce
1. Trueman's UGC NET Commerce by Parveen Kataria Anshu Kataria and M. Shivani
2. NTA-UGC-NET: Commerce (Paper II) by RPH Editorial Board
3. UGC NET/JRF/SET Commerce: Paper II by L.N. Koli (Author), Madan Singh (Author)
4. Financial Management by I M Pandey
5. Basic financial Accounting Text and assignment By JR Monga
https://t.me/ugc_net_commerce_management
1. Trueman's UGC NET Commerce by Parveen Kataria Anshu Kataria and M. Shivani
2. NTA-UGC-NET: Commerce (Paper II) by RPH Editorial Board
3. UGC NET/JRF/SET Commerce: Paper II by L.N. Koli (Author), Madan Singh (Author)
4. Financial Management by I M Pandey
5. Basic financial Accounting Text and assignment By JR Monga
https://t.me/ugc_net_commerce_management
Telegram
NET JRF Commerce
#UGCNETJRF #Commerce
🔰Free study material, online quizzes, notes, on-demand eBooks.
Rules
https://t.me/ugc_net_commerce_management/96925
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t.me/ugc_net_commerce_management
🔰Free study material, online quizzes, notes, on-demand eBooks.
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t.me/ugc_net_commerce_management