MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is? |
| A. | Rs. 400 |
| B. | Rs. 360 |
| C. | Rs. 480 |
| D. | Rs. 320 |
| Answer» B. Rs. 360 | |
| 2. |
Future goods are the subject matter of? |
| A. | agreement to sale |
| B. | sale |
| C. | both sale u0026 agreement to sale |
| D. | neither sale or agreement to sale |
| Answer» B. sale | |
| 3. |
______ agreements are created by situation? |
| A. | void |
| B. | oral |
| C. | implied |
| D. | written |
| Answer» D. written | |
| 4. |
Offer can be withdrawn when? |
| A. | after the acceptance of offers against the oferror |
| B. | cannot be withdrawn |
| C. | before the acceptance of offers against the oferror |
| D. | at any time |
| Answer» D. at any time | |
| 5. |
Refractory |
| A. | useless |
| B. | usefull |
| C. | unmanageable |
| D. | ainkable |
| Answer» D. ainkable | |
| 6. |
Counter offer is a ____? |
| A. | same as original offer |
| B. | change in the original offer |
| C. | rejection of original offer |
| D. | not a offer at all |
| Answer» C. rejection of original offer | |
| 7. |
Reprove |
| A. | ascertain |
| B. | prove false |
| C. | draw back |
| D. | rebuke |
| Answer» E. | |
| 8. |
In a mixture 60 litres, the ratio of milk and water 2 : 1. If the this ratio is to be 1 : 2, then the quanity of water to be further added is? |
| A. | 20 litres |
| B. | 30 litres |
| C. | 40 litres |
| D. | 60 litres |
| Answer» E. | |
| 9. |
Voluble |
| A. | terminal |
| B. | loquacious |
| C. | circular |
| D. | wortwhile |
| Answer» C. circular | |
| 10. |
A sells to B 100 Kg. of wheat on the due dateB says to A to keep the wheat for some time.This is a _____? |
| A. | actual delivery |
| B. | constructive delivery |
| C. | symbolic delivery |
| D. | none |
| Answer» D. none | |
| 11. |
A sleeping partner is ____? |
| A. | not contribute capital to the firm |
| B. | not take active part in the firm |
| C. | take only salary from the firm |
| D. | none of these |
| Answer» C. take only salary from the firm | |
| 12. |
Waif |
| A. | surrender |
| B. | breeze |
| C. | spouse |
| D. | urchin |
| Answer» E. | |
| 13. |
Two numbers are respectively 20% and 50% more than a third number. The ratio of the two numbers is? |
| A. | 2 : 5 |
| B. | 3 : 5 |
| C. | 4 : 5 |
| D. | 6 : 7 |
| Answer» D. 6 : 7 | |
| 14. |
The transactions collateral to illegalagreements is ____? |
| A. | voidable at the option of plaintiff |
| B. | valid |
| C. | also illegal u0026 not enforceable by law |
| D. | none of these |
| Answer» D. none of these | |
| 15. |
A and B together have Rs. 1210. If of A's amount is equal to of B's amount, how much amount does B have? |
| A. | Rs. 460 |
| B. | Rs. 484 |
| C. | Rs. 664 |
| D. | Rs. 550 |
| Answer» C. Rs. 664 | |
| 16. |
Wanton |
| A. | needy |
| B. | unchaste |
| C. | oriental |
| D. | rumour |
| Answer» C. oriental | |
| 17. |
Partnership agreement between personsarise from? |
| A. | operation of law |
| B. | the contract of those person |
| C. | the states of person |
| D. | none of these |
| Answer» C. the states of person | |
| 18. |
Which of the following will be account infiduciary position? |
| A. | doctor and patient |
| B. | parent and son |
| C. | all of the above |
| D. | none |
| Answer» B. parent and son | |
| 19. |
A agrees to sell B smuggled goods for Rs.1000 per unit. The agreement is void due to? |
| A. | impossibility |
| B. | immortality |
| C. | illegality |
| D. | uncertainty |
| Answer» D. uncertainty | |
| 20. |
Reserve price is considered in ____? |
| A. | sale by auction |
| B. | sale by sample |
| C. | sale by description |
| D. | all of the above |
| Answer» B. sale by sample | |
| 21. |
An unpaid seller’s right of storage of goods intransit can be excised only the buyer isinsolvent? |
| A. | true |
| B. | false |
| C. | partly true |
| D. | none |
| Answer» B. false | |
| 22. |
Rosa paid Rs.1,200 on 1-7-09 towards yearlysubscription (July 1, 2009 to June 30, 2010)of a newspaper. It means she has to makeadjustment of _____ expenses for finalisationof a/c for the year ended 31-3-10? |
| A. | Rs.300 as prepaid |
| B. | Rs.200 as outstanding |
| C. | Rs.200 as prepaid |
| D. | Rs.300 as outstanding |
| Answer» B. Rs.200 as outstanding | |
| 23. |
Prima facie risk passes with _____? |
| A. | computed agreement |
| B. | payment of price |
| C. | property of ownership |
| D. | verification u0026 delivery of goods |
| Answer» D. verification u0026 delivery of goods | |
| 24. |
Tanacity |
| A. | ingratitude |
| B. | decimation |
| C. | spendor |
| D. | perseverance |
| Answer» E. | |
| 25. |
Tautology |
| A. | tension |
| B. | simile |
| C. | lack of logic |
| D. | repetition |
| Answer» E. | |
| 26. |
At the end of financial year, accountsreceivable has a balance of Rs.1 lakh u0026provision for bad u0026 doubtful debts providedamounting to Rs.7,000. The expected of netrealisable value of A/c receivable is Rs.____? |
| A. | 93,000 |
| B. | 1,00,000 |
| C. | 1,07,000 |
| D. | 7,000 |
| Answer» B. 1,00,000 | |
| 27. |
Tentative |
| A. | mocking |
| B. | wry |
| C. | experimental |
| D. | prevalent |
| Answer» D. prevalent | |
| 28. |
Tarry |
| A. | disturb |
| B. | surpass |
| C. | linger |
| D. | polish |
| Answer» D. polish | |
| 29. |
An amount of Rs. 8765 paid to M wasdebited to N? |
| A. | Decrease in net profit |
| B. | increase in net profit |
| C. | Decrease in net profit |
| D. | no effect on net profit |
| Answer» E. | |
| 30. |
Thespian |
| A. | daydreamer |
| B. | magician |
| C. | actor |
| D. | foreigner |
| Answer» D. foreigner | |
| 31. |
Terse |
| A. | brief in speech |
| B. | beyond fear |
| C. | without honor |
| D. | under strain |
| Answer» B. beyond fear | |
| 32. |
Tenacious |
| A. | holding fast |
| B. | collecting |
| C. | fast running |
| D. | intentional |
| Answer» B. collecting | |
| 33. |
A owned Rs. 25,000 to B. A is insolvent. Bgot A’s computer valuing Rs. 11,500 in fullsettlement. Pass the Journal entry in thebooks of B.? |
| A. | Computer a/c Dr 11,500 Bad debts a/c Dr. 13,500 To A a/c 25,000 |
| B. | Computer A/c Dr 11,500 To A a/c 11,500 |
| C. | Purchases a/c Dr 11,500 To A a/c 11,500 |
| D. | Computer a/c Dr 25,000 To A a/c 25,000 |
| Answer» B. Computer A/c Dr 11,500 To A a/c 11,500 | |
| 34. |
Abysmal |
| A. | eternal |
| B. | internal |
| C. | bottmless |
| D. | meteoric |
| Answer» D. meteoric | |
| 35. |
A draws a bill on B. B did not accept thesame. Which of the following Journal entriesin the books of A? |
| A. | B A/c Dr |
| B. | B A/c Dr To B A/c To B/P A/c |
| C. | B/R A/c Dr |
| D. | No entry is passed To B/R A/c |
| Answer» E. | |
| 36. |
Veracious |
| A. | worried |
| B. | instrumental |
| C. | truthful |
| D. | alert |
| Answer» D. alert | |
| 37. |
Cost of goods sold Rs.10,000, Opening stockRs.2,000 and Closing stock Rs. 3,000. Findthe amount of purchases _____? |
| A. | Rs.11,000 |
| B. | Rs.10,000 |
| C. | Rs.9,000 |
| D. | Rs.15,000 |
| Answer» B. Rs.10,000 | |
| 38. |
A purchased a computer on 1-4-06 forRs.60,000 and another on 1-10-07 for Rs.40, 000. He charged depreciation @ 20% p.aunder straight line method. What will be thebalance as on 31-03-09? |
| A. | 18,000 |
| B. | 2,000 |
| C. | 8,000 |
| D. | 10,000 |
| Answer» B. 2,000 | |
| 39. |
Waylay |
| A. | road map |
| B. | song |
| C. | journey |
| D. | ambush |
| Answer» E. | |
| 40. |
On 31-3-09 the balance of the cash book isRs. 7074 (credit) and balance as per bankstatement is Rs. 3159 (debit). On scrutiny itwas found that the difference was due tocheque issued but not yet presented forpayment. The bank balance as on 31-3-09will be shown in bank statement as ____? |
| A. | as cash at bank Rs. 7074 |
| B. | as bank overdraft Rs. 3159 |
| C. | as cash at bank Rs. 3159 |
| D. | as bank overdraft Rs. 7074 |
| Answer» C. as cash at bank Rs. 3159 | |
| 41. |
A sold goods to B on credit for Rs. 10,000but debited to C instead of B. What will beeffected? |
| A. | trail balance |
| B. | total debtors |
| C. | individual account |
| D. | balance sheet |
| Answer» D. balance sheet | |
| 42. |
Payment made to creditor is with cashdiscount is ____? |
| A. | reduce asset u0026 reduce liability, add to income |
| B. | increase asset u0026 reduce liability, add to income |
| C. | reduce asset u0026 reduce liability, add to expenses |
| D. | reduce asset u0026 increase liability, add to expenses |
| Answer» B. increase asset u0026 reduce liability, add to income | |
| 43. |
People of the Sundarbans derives livelihood basically from ? |
| A. | Rain-fed monocropping |
| B. | Fishing |
| C. | Tourism |
| D. | Construction of barrages and embankments |
| Answer» C. Tourism | |
| 44. |
Purchased the asset for Rs. 2,00,000 withavailable discount 20% then what amountshould be credited to debentures A/c, whenthe purchase consideration is discharged bythe issue of debentures.? |
| A. | Rs.2,40,000 |
| B. | Rs.2,00,000 |
| C. | Rs.1,80,000 |
| D. | Rs. 1,60,000 |
| Answer» E. | |
| 45. |
The buyer refused to take delivery and theseller refused to take return then the goodsare? |
| A. | Not deemed to be in transit |
| B. | Deemed to be in transit |
| C. | both |
| D. | none of these |
| Answer» C. both | |
| 46. |
α u0026 β-tubulins are protein components of– |
| A. | Actin filaments |
| B. | Intermediate |
| C. | Microtubules |
| D. | All of these |
| Answer» E. | |
| 47. |
By preparing trail balance the errors can berevealed the following? |
| A. | Debit of Rs. 1000 is credited twice |
| B. | Posting an entry twice in the ledger |
| C. | Omission of complete entry |
| D. | none |
| Answer» B. Posting an entry twice in the ledger | |
| 48. |
The sale __ is completed with reserved price? |
| A. | sale by sample |
| B. | sale by staple |
| C. | sale by description |
| D. | sale by auction |
| Answer» D. sale by auction | |
| 49. |
AFTA' award is associated with- |
| A. | Tourism |
| B. | Insurance Sector |
| C. | Banking Sector |
| D. | Cinema |
| Answer» E. | |
| 50. |
Who is the newly elected bowling coach of Indian team? ans: Eric Simons116. Who is selected as the captain of Kings XI Punjab for the next IPL season? |
| A. | Sachin Tendulkar |
| B. | Kumar Sangakkara |
| C. | M.S Dhoni |
| D. | non of these |
| Answer» C. M.S Dhoni | |