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Past Years Commerce Questions
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Past Years Commerce Questions
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25 Questions

1. By whom from the following auditor can be reappointed ?
2. The balance appearing in the books of a company at the end of year were CRR A/c Rs. 50000 Security Premium Rs. 5000 Revaluation Reserve Rs. 20000 P & L A/c (Dr) Rs. 10000. Maximum amount available for distribution of Bonus Share will be-”
3. -œA body of persons elected or appointed to meet on an organised basis for the discussion and dealing of matters brought before it.- It is called-”
4. In case of Board Meetings the Quorum must be present-”
5. Company Auditor is responsible-”
6. -œOrganisation is the foundation of management.- This statement is given by-”
7. The minimum paid-up share capital for a public company shall be-”
8. The number of subordinates a superior can effectively handle is called-”
9. Price earning ratio is 83-¢33% and E.P.S. is Rs. 30. The market price of equity share will be-”
10. Who is Father of Scientific Management ?
11. Ploughing-back of profits means-”
12. 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%.
13. Which of the following statement is correct ?
14. In Need Hierarchy Theory of Abraham H. Maslow Self Actualisation needs are at level-”
15. Increase in fixed asset due to purchase is-”
16. Fire Insurance is based on the principle of-”
17. Verification includes-”
18. The following figures are presented to you-” Year Sales Profit/Loss 1999 Rs. 100000 Rs. 10000 (Loss) 2000 Rs. 250000 Rs. 20000 (Profit) Calculate Profit Volume Ratio.
19. R. G. Ltd. purchased machinery from K.G. Company for a book value of Rs. 400000. The consideration was paid by issue of 10%. Debenture of Rs. 100 each at a discount of 20%. The debenture account will be credited by-”
20. Under Section 275 of the Companies-™ Act 1956 a person can become director in public company of not more than-”
21. The Section 80A of the Companies-™ Act is related with the redemption of-”
22. Audit adopted by banking company is-”
23. Which institution is known as the -˜Soft Loan Window-™ of World Bank ?
24. Appointment of full time Company Secretary is compulsory in all those companies whose paidup share capital is-”
25. In common size Balance Sheet analysis we evaluate-”

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