List of top Commerce Questions on Commerce

Which of the following features of Amalgamation are in the nature of Merger as per the AS-14? (A). Taking over of select few assets and liabilities.
(B). Intention to carry on the acquired business.
(C). Amalgamation Adjustment Account is opened in the books of transferee company to maintain statutory reserves.
(D). Recording of assets and liabilities of transferor company at book values.

The conversion rate between the physical rupee and the digital rupee is determined by which of the following in India?

Which of the following is not a condition for the application of Garner vs. Murray case decision in the Dissolution of Partnership Firm?

Which of the following transactions will not be recorded in the Branch Account maintained by the Head Office under the Debtors System?

The sum of deviations of the items from ignoring signs is the least?

The relationship between mean, median and mode is:

Which type of computer is a large, powerful and expensive one that can support many users at one time, store vast amounts of data, and perform many tasks at the same time?

Which of the following statements is incorrect?

Which of the following statements are correct?
(A) When a cyclical pattern in data has a period of less than 1 year, the pattern in data is called seasonal variation
(B) When a cyclical pattern has a period more than 1 year, we refer to it as cyclical variation
(C) Seasonality is considered equivalent to forecasting
(D) Cyclical behaviour in business is also termed as business cycle

Which method of measurement of cyclical variation consists of eliminating seasonal variation and trend, for obtaining the cyclical irregularities?

A square matrix having all the elements above the leading diagonal equal to zero is known as:

Which of the following are true statements relating to delivery of goods?
(A) Delivery and payment are concurrent conditions
(B) Delivery may be actual, symbolic or constructive
(C) Delivery may be at any time of the day only
(D) Delivery of wrong quality

Which of the following tests are often employed to measure advertising effectiveness?
(A) Recognition test
(B) Inquiry test
(C) Reason-why test
(D) Sales test

Arrange the following steps involved in the book building process in the correct order:
(A) Determination of issue price, finalization of basis of allotment, issue of prospectus and allotment of shares
(B) Determination of price and asking for bids along with further revision of bids
(C) Submission of RHP and appointment of syndicate members
(D) Planning an IPO/FPO via Book Building and appointment of Lead book runners

Which of the following statements is incorrect?

Which of the following terms is used in economics parlance to describe a person who receives the benefits of a good but avoids paying for it?

Specifies the minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the Central Bank.

Which of the following are the main functions of RBI? (A). To maintain monetary stability in the economy
(B). To maintain stable payments system
(C). To regulate the overall volume of money and credit in the economy
(D). To promote the development of financial infrastructure of markets and systems

The recent increase in the tariffs by the USA on its trading partners undermines the institutional validity of which of the following?