Description : Goods not belonging to 100% EOU, EHTP, STP can be stored up to _____ days before being cleared for home consumption without attracting any interest. A 90 B 80 C 70 D 20
Last Answer : Ans :90
Description : Maximum warehousing period for goods belonging to 100% Export Oriented Unit is _____. A 5 years B 3 years C 1 year D no limit on time period
Last Answer : Ans :no limit on time period
Description : Waste or refuse arising out of manufacturing activity of output exported shall be charged to import duty as _____ if such waste or refuse is cleared for home consumption. A waste or refuse B imported goods C waste or refuse or output D Scrap
Last Answer : waste or refuse
Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850
Last Answer : A
Description : Net Profit of the society is Rs. 100000. 25 % should be transferred to reserve fund. Calculate the amount to be transferred to the reserve fund___ a. Rs 28000 b. Rs 25000 c. Rs 20000 d. Rs 18000
Last Answer : Rs.25000
Description : Waste or refuse arising out of manufacturing activity of output cleared for home consumption shall be charged to import duty as _____. A waste or refuse B output C waste or refuse or output D Input
Last Answer : Ans :output
Description : Warehousing bond shall be _____ times of duty assessed on the date of warehousing. A 2 B 3 C 1 D 4
Last Answer : 3
Description : A bond that is executed for warehousing of goods imported in multiple imports is referred to as _____ bond. A Special B General C Higher D Lower
Last Answer : Ans :Higher
Description : Clearing goods for home consumption is one of the ways of _____ removal of goods from warehouse. A proper B waste or refuse C output D Improper
Last Answer : Ans :proper
Description : Super Profit is Rs.9,167 and the Normal Rate of Return is 10% Goodwill as per capitalization of Super Profit method is equal to A Rs.91,670 B Rs.90,600 C Rs.67,910 D Rs.95,000
Last Answer : ANS: Rs 91670
Description : There are 2 plants manufacturing the same product under one corporate management which has decided to merge them. Calculate Break -even point of the merged plant. Particulars Plant I Plant II Capacity operation 100% ... 000 2,40,000 Variable cost 4,40,000 1,80,000 Fixed cost 80,000 50,000simpl
Last Answer : c) Rs 5,00,000
Description : Rate of interest is 11% and the rate of risk is 9%. The normal rate of return is A 11% B 9% C 20% D 2%
Last Answer : 20%
Description : Break-even point in Rs is Calculated as _________ a) Fixed cost/ contribution per unit b) Fixed cost / p/ V ratio c) Fixed cost + desired profit/ Contribution per unit d) Fixed cost + desired profit/ P/V ratio.simpl
Last Answer : b) Fixed cost / p/ V ratio
Description : Interest on investment is calculated on ____ a. Face value b. Market value c. Cost
Last Answer : Face value
Description : A greater portion of returns from conventional debt investments is generally through a. Capital gain b. Interest income c. Dividend income d. Inflation
Last Answer : a. Capital gain
Description : Special warehouses are _____ by customs department. A Controlled B Approved C Licensed D Not licenced
Last Answer : Ans :Controlled
Description : Public warehouses are _____ by customs department. A Controlled B Approved C Licensed D Not licenced
Last Answer : Ans :Licensed
Description : Depreciation is shown in ____________________. a. P & L statement b. Current Assets c. Investments d. Creditors
Last Answer : a. P & L statement
Description : Standard quantity of material per unit 5KG. Standard Price Rs 5 per KG. actual number of units 400 units. Actual quantity 2,200KG and price of material Rs 4.80 per kg. Calculate material price. a) 100(F) b) 500(A) c) 440(F) d) 600(F)
Last Answer : The standard quantity of material per unit is 5KG, so the standard quantity for 400 units would be: Standard quantity = 5KG/unit x 400 units = 2000KG The standard price per KG is Rs 5, so the ... material cost was lower than the standard material cost. Option (c) is the correct answer: 440(F).
Description : Average Profit is Rs.19,167 and normal profit is `10,000. The Super Profit is A Rs.9,167 B Rs.29,167 C Rs.19,167 D Rs.10,000
Last Answer : ANS: Rs 9167
Description : A profit centre is a centre (a) Where the manager has the responsibility of generating and maximising profits (b) Which is concerned with earning an adequate Return on Investment (c) Both of the above (d) Which manages cost
Last Answer : (a) Where the manager has the responsibility of generating and maximising profits
Description : Which of these is not an objective of Cost Accounting? (a) Ascertainment of Cost (b) Determination of Selling Price (c) Cost Control and Cost reduction (d) Assisting Shareholders in decision making
Last Answer : (d) Assisting Shareholders in decision making
Description : Which of the following is not a private bank in India a. Axis Bank b. ICICI Bank c. IDBI Bank d. Development credit bank ltd
Last Answer : IDBI bank
Description : The problem of small scale industries are related to which of the following a. Finance and credit b. Corruption c. Fiscal deficit d. Reduction in CRR
Last Answer : c. HSBC bank
Description : Which of the following is not the significance of small scale industries a. Employment generation b. Reduction of fiscal deficit c. Contribution to exports d. Mobilization of capital
Last Answer : Reduction of fiscal deficit
Description : Which of the following is not the role of public sector in India a. Export Promotion b. Import Substitution c. Foreign exchange earnings d. Increase in unemployment
Last Answer : Answer: Increase in unemployment
Description : Which of the following is not the objectives of disinvestment policy a. Raising resources b. Raising productive efficiency c. Reduce public interference d. To increase the role of government
Last Answer : - To increase the role of government
Description : Government policy on disinvestment was introduced in India since a. 1995 b. 1991 c. 1980 d. 1972
Last Answer : b. 1991
Description : Which among the following Committee was related to Financial Inclusion? [A] Vaghul Committee [B] Raghuram Rajan Committee [C] Dr. Rakesh Mohan Committee [D] Venketaiya Committee
Last Answer : D [Credit Rationing]
Description : Which among the following is not a power of RBI? A inspection of banks B Nationalization of Banks C Call of returns
Last Answer : B [Nationalization of Banks]
Description : Goodwill is an ______ asset. A Intangible B Tangible C Asset D Liability
Last Answer : Intangible
Description : EVA is calculated on the basis of A NPAT B NPBT C NOPAT D Gross Profit
Last Answer : NOPAT
Description : Quoted shares are those shares which are A Listed on the stock exchange B Quoted daily C Quoted by the seller D Quoted by the buyer
Last Answer : ANS: Listed on the stock exchange
Description : Capital employed at the end of the year is Rs.4,20,000. Profit earned Rs.40.000. Average capital employed is A Rs.4,20,000 B Rs.4,00,000 C Rs.4,40,000 D Rs.4,60,000
Last Answer : Rs 400000
Description : Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores
Last Answer : a. Uniformity
Description : Balance sheet of a cooperative Housing Society should be prepared in ____ a. Form A b. Form B c. Form C d. From D
Last Answer : Form A
Description : Investments of a mutual fund scheme are held by a. Custodianb. Board of Trustees c. AMC d. RTA
Last Answer : a. Custodian
Description : _________ is a measure of risk-adjusted return a. Simple return b. Standard Deviation c. Beta d. Sharpe Ratio ANS: Sharpe Ratio
Last Answer : ANS: Sharpe Ratio
Description : Formula for calculating Material cost variance = ________ a) (SQ*SR) – (AQ* AR b) AQ (SP-AP) c) SP(SQ- RSQ) d) SP(SQ-AQ)
Last Answer : a) (SQ*SR) – (AQ* AR
Description : Technique helps the manager in taking various important decisions. a) Standard costing b) marginal costing c) absorption costing d) Budgeting costing
Last Answer : b) marginal costing
Description : cost of product as determined under standard cost system is _______ a) Fixed cost b) Master budget c) Direct cost d) Pre-determined cost
Last Answer : d) Pre-determined cost
Description : Production at 60% activity is Rs 600 units, if flexible budget needs to be calculated at 80% activity what will be units produced? a) Rs 800 b) Rs 600 c) Rs 1200 d) Rs 1000
Last Answer : a) Rs 800
Description : The budget which is dynamic is ___________. a) Flexible budget b) sales budget c) cash budget d) purchase budget
Last Answer : b) sales budget
Description : Mark the correct option MIS account opened on or after 01 Apr 12 a) The rate of interest shall be 8.5 % per annum payable monthly. b) No withdrawal will be allowed before expiry of maturity period 5 years c) No bonus shall be payable d) All the above
Last Answer : d) All the above
Description : 7 Simple Self-Defense Tricks
Last Answer : All of us want to learn kung fu. Who doesn't want to kick like Chuck Norris and use nunchakus like Bruce Lee? Unfortunately, many of us are too busy to attend martial arts training sessions. You ... you. Always remember that you're not a passive target, and you're equally dangerous as your attacker.
Description : Working of Simple Vapor absorption system
Last Answer : Working of Simple Vapor absorption system: A Simple Vapor absorption system consists of evaporator, absorber, generator, condenser, expansion valve, pump & reducing valve. In this system ammonia ... where there is scarcity of Electricity and it is very useful at partial and full load.
Description : Explain simple AGC and delayed AGC with the help of neat graph.
Last Answer : 1) Simple AGC:- Simple AGC is a system by means of which overall gain of a radio receiver is varied, automatically with the changing strength of the receiver signal to keep the ... not used in low cost radio receiver. It is used in high quality receiver like communication receiver.
Description : Explain how sinusoidal AC voltage is generated by using simple one loop generator.
Last Answer : An electric current produced by means of electrical machine is known as generator which converts mechanical energy into electrical energy. When conductor cuts the magnetic flux, emf induced in it. (Faraday' ... upon position of armature. The nature of emf is alternating as shown by the waveform.
Description : Ravi borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a ... 7 years, how much money did he borrow? a) 39,500 b) 42,500 c) 41,900 d) 43,000 e) None of these
Last Answer : Let the amount borrowed be Rs P Total amount of simple interest = (P×3×4)/100 + (p×2×8)/100 + (p×2×9)/100 = 19550 0.12P + 0.16P + 0.18P = 19550 0.46p= 19550 P = Rs. 42500 Answer: b)