Mock Test

KVS PGT Commerce Question Paper 23 Dec 2018 PDF In English

61. An aggrieved consumer can lodge a complaint to ‘State Consumer Commission’, if the value of goods or services in question, alongwith compensation:
(A) is more than ₹1 crore
(B) is more than ₹20 lakhs but does not exceed 2 crore
(C) is less than ₹ 2 crore
(D) is more than exceed ₹ 20 lakhs 1 crore ₹ 20 lakhs but does not
Answer
is more than exceed ₹ 20 lakhs 1 crore ₹ 20 lakhs but does not
62. The portion of the capital which can be called only at the time of winding up of the company is known as
(A) Uncalled capital
(B) Subscribed capital
(C) Reserve capital
(D) Nominal capital
Answer
Reserve capital
63. Which one of the following statements is not appropriate for ‘Provision’?
(A) Creation of provision satisfies the principle of conservatism.
(B) Provision is a charge against profits.
(C) Provision is created for known liability.
(D) Provision is created for strengthening the financial position of the business.
Answer
Provision is created for strengthening the financial position of the business.
64. Which one of the following relates to trait theories of leadership?
(A) Specific behaviours differentiate leaders from nonleaders.
(B) Employee-oriented leader takes a personal interest in employees’ needs.
(C) The theory provides a set of rules to determine the form and amount of decision making in different situations.
(D) Theory that considers personal qualities and characteristics.
Answer
Theory that considers personal qualities and characteristics.
65. Which of the following is not an element of computer system?
(A) Internet
(B) Hardware
(C) Software
(D) People
Answer
People
66. Which one is true?
(A) Financial statements reflect current situation.
(B) Assets shown in the balance sheet reflect expired cost.
(C) Balance sheets disclose information relating to loss of markets.
(D) Financial statements do not contain qualitative information.
Answer
Financial statements do not contain qualitative information.
67. Which one is a characteristic of charismatic leaders? making decisions.
(A) Abdicates responsibilities, avoides
(B) Intervenes only if standards are not met
(C) Engages in behaviours that are perceived as novel.
(D) Watches and searches for deviations from rules and standards, takes correct action.
Answer
Engages in behaviours that are perceived as novel.
68. Which of the following is not a method of creating query in Access?
(A) Wizard Method
(B) Text Method
(C) Design Method
(D) SQL Method
Answer
Design Method
69. Shree Limited purchased a machine for ₹ 40,00,000. Payable as 25% in cash and balance by the issue of 8% debentures of ₹ 400 each at a premium of 20%. How many debentures are issued to vendor?
(A) 6,250
(C) 6,750
(B) 6,500
(D) 7,00
Answer
6,250
70. Which one is correct?
(A) Any amount of funds can be generated through trade credit.
(B) Factoring does not create any charge on the assets of the firm.
(C) Rate of interest offered on public deposits are usually lower than that offered on bank deposits.
(D) Convertible debentures can be converted before the expiry of a specified period
Answer
Factoring does not create any charge on the assets of the firm.
71. Which one is false?
(A) Sub-fields of accounting are book- keeping, financial accounting and management accounting.
(B) There exists a wide gulf between accounting and economics.
(C) Accounting means recording transactions and events, not their interpretation.
(D) Materiality Principle is an exception to the Full Disclosure Principle.
Answer
There exists a wide gulf between accounting and economics.
72. Which of the following is not a function of Financial Market?
(A) Facilitating Housing Loan
(B) Facilitating Price Discovery
(C) Providing Liquidity to Financial Assets
(D) Reducing the Cost of Transactions
Answer
Facilitating Housing Loan
73. Cash collected from Debtors would be deemed as ………….
(A) Source of funds
(B) Application of funds
(C) Increase of funds
(D) No flow of funds
Answer
No flow of funds
74. The industry which combines various ingredients into a new product is known as:
(A) Analytical industry
(B) Synthetical industry
(C) Processing industry
(D) Assembling industry
Answer
Assembling industry
75. Which of the following is not a limitation of computer system?
(A) Lack of Decision making
(B) Lack of speed
(C) Lack of commonsense
(D) Zero IQ
Answer
Lack of speed
76. Which one is a true statement?
(A) A group of firms in an industry following different strategies is called strategic group.
(B) Strategic planning is the process of developing and maintaining a strategic fit between the organisation’s goals and
(C) Marketing strategies cannot become outdated for a long perio
(D) capabilities.
(D) Strategic planning involves developing a strategy for short-run survival.
Answer
Strategic planning is the process of developing and maintaining a strategic fit between the organisation’s goals and
77. Which one of the following is a false statement?
(A) Human Resource (HR) activities are not the sole responsibility of the HR specialists.
(B) HR functions are not confined to business establishments only.
(C) HRM (Human Resource Management) assumes that it is the people who make the difference.
(D) HRM does not necessitate alignment of HR Policies with the Organisation’s Strategies.
Answer
HRM does not necessitate alignment of HR Policies with the Organisation’s Strategies.
78. Which of the following is not a characteristic of Management?
(A) Management is all pervassive.
(B) Management is multidimentional.
(C) Management is a tangible force.
(D) Management is a group activity.
Answer
Management is a tangible force.
79. Downward communication is not used to:
(A) Explain policies and procedures
(B) Provide feedback about the progress toward goals
(C) Point out problems that need attention
(D) Assign goals
Answer
Provide feedback about the progress toward goals
80. Which one is true?
(A) Accounting is a social science.
(B) Economic life of an enterprise is artificially split into periodic intervals in accordance with the Going Concern Assumption
(C) The assets are classified as current assets and fixed assets in accordance with Accounting Period Assumption.
(D) Revenue is generally recognised at the point of sale in accordance with the matching principle.
Answer
Accounting is a social science.

इस पोस्ट में आपको kvs pgt commerce sample paper kvs pgt commerce 2018 question paper kvs pgt commerce paper kvs pgt commerce question paper kvs pgt commerce study material pdf kvs pgt commerce previous year paper kvs pgt commerce previous year question papers pdf  केवीएस पीजीटी वाणिज्य प्रश्न पत्र 23 दिसंबर 2018  से संबंधित काफी महत्वपूर्ण प्रश्न उत्तर दिए गए है यह प्रश्न उत्तर फायदेमंद लगे तो अपने दोस्तों के साथ शेयर करें और इसके बारे में आप कुछ जानना यह पूछना चाहते हैं तो नीचे कमेंट करके अवश्य पूछे.

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