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Past Years Commerce Questions
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Past Years Commerce Questions
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25 Questions

1. The first Stock Exchange in India was established in-”
2. Due to coordination-”
3. The object of -˜Agenda-™ is to inform-”
4. Convertibility of the rupee implies-”
5. Verification includes-”
6. The present World Economic Depression first of all started from which country ?
7. A company made the purchases of an item during its financial year. January 2007 200 @ Rs. 50 each May 2007 400 @ Rs. 60 each August 2007 600 @ Rs. 70 each Novem- 2007 300 @ Rs. 80 each ber Closing inventories were 500 articles. Find out the value of closing stock as per Weighted Average Method-”
8. Internal check means-”
9. Contents of Marine Insurance include-”
10. A company has a separate legal existence from its members. This principle was first laid down in case of-”
11. The capital issues of public limited companies are subject to guidelines issued by-”
12. -œAuditor is not an insurer." In which of the following cases the decision has been given ?
13. The following data relates to manufacturing company for the year 2006-07-” Net Profit as per P & L A/c-”Rs. 240000; Depreciation-”Rs. 80000; Goodwill written-off-”Rs. 40000 Profit on Sale of Fixed Assets-”Rs. 16000 Proposed Dividend-”Rs. 96000. The fund from operation would be-”
14. -œThe position of a Company Secretary is like that of a hub in a bicycle wheel.- This statement shows the-”
15. Increase in fixed asset due to purchase is-”
16. Which of the following statement is correct ?
17. Blue Chips Shares mean-”
18. Disinvestment of shares means-”
19. In -˜Direction-™ who is given importance ?
20. Social Accounting means-”
21. Current Ratio is 3-¢75 Acid Test Ratio is 1-¢25 Stock Rs. 375000 calculate working capital.
22. Final accounts prepared in narrative style are in-”
23. Bombay Stock Exchange Sensex consists of -¦-¦-¦ script as on 31st March 2005.
24. From the information given below calculate Debt service coverage Ratio-” Net profit after interest and Tax Rs. 40000 Depreciation Rs. 5000 Rate of Income Tax 50% 10% Mortgage Debentures Rs. 60000. Fixed Interest Charges Rs. 6000 Debenture Redemption Fund Appropriation of Outstanding Debentures 10%.
25. Out of the following forms which form of organisation is the oldest one ?

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