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M.COM PART 2, Question Bank, Rural marketing

Rural marketing M.com semester – iii (cbcs) most important questions

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  M.COM SEMESTER – III (CBCS) RURAL MARKETING  Most Important Question Bank for Current Exam   Module – I Q.2. Explain the evolution of Rural Marketing. ANS: Part I (Before 1960): Rural marketing referred to selling of rural products in rural and urban areas and agricultural inputs in rural markets. It was treated as synonymous to „agricultural marketing’. 4 Agricultural produces like food grains and industrial inputs like cotton, oil seeds, sugarcane etc. occupied the central place of discussion during this period. The supply-chain activities of firms supplying agricultural inputs and of artisans in rural Rural Marketing areas received secondary attention. The local marketing of products like bamboo baskets, ropes, window and door frames, small agricultural tools like ploughs by sellers like black smiths, carpenters, cobblers, and pot makers were emphasised in general. This was totally an unorganized market where all banias and mahajans (local business people) dominated this market. Part II (1960 to 1990): In this era, green revolution resulted from scientific farming and transferred many of the poor villages into prosperous business centers. As a result, the demand for agricultural inputs went up especially in terms of wheats and paddies. Better irrigation facilities, soil testing, use of high yield variety seeds, fertilizers, pesticides and deployment of machinery like powder tillers, harvesters, threshers etc. changed the rural scenario. In this context, marketing of agricultural inputs took the importance. Two separate areas of activities had emerged- during this period „marketing of agricultural inputs’ and the conventional “Agricultural Marketing”. During this period, the marketing of rural products received considerable attention in the general marketing frame work. The formation of agencies like Khadi and Village Industries Commission, Girijan Cooperative Societies APCO Fabrics, IFFCO, KRIBHCO, etc., and also the special attention government had paid to promote these products were responsible for this upsurge. Village industries flourished and products like handicrafts, handloom textiles, soaps, safety matches, crackers etc. hit the urban market on a large scale from rural areas. Part III (After Mid 1990s): The products which were not given attention so far during the two earlier phases were that of marketing of household consumables and durables to the rural markets due to obvious reasons. The economic conditions of the country were as such that the rural people were not in a position to buy these kinds of products. Secondly, our market was in a close shape and we never allowed companies (foreign) to operate in Indian market. But we lifted the … and opened up economy, consequently companies started flourishing in India. The small villages/hamlets were widely scattered making reach difficult and expensive consequently. Rural markets were seen an adjunct to urban market and conveniently ignored. However, since 1990s, India’s industrial sector had gained in strength and maturity. Its contribution to GNP increased substantially. A new service sector had emerged signifying the metamorphosis of agricultural society into industrial society. Meanwhile, due to the development programmes of the central and state governments, service organizations and socially responsible business groups like Mafatlal, Tatas, Birlas, Goenkas and others, the rural area witnessed an all round socio-economic progress. The economic reforms further accelerated the process by introducing competition in the markets. Steadily, the rural market has grown for household consumables and durables. Rural marketing represented the emergent distinct activity of attracting and serving rural markets to fulfil Rural Marketing the needs and wants of persons, households and occupations of rural people. As a result of the above analysis, we are in a position to define rural marketing “Rural marketing can be seen as a function which manages all those activities involved in assessing, stimulating and converting the purchasing power 6 into an effective demand for specific products and services, and moving them to the people in rural area to create satisfaction and a standard of living for them and thereby achieves the goals of the organization”.     If you want exam most important question bank pdf then you have to pay per subject 100/- rupees only .  Contact 8652719712 / 8779537141      Telegram Group Mumbai Univeersity :- https://t.me/mumbaiuniversityidol Suraj Patel Education :- https://t.me/surajpateleducation   F.Y.J.C EXAM :- https://t.me/FYJCexam   S.Y.J.C EXAM :- https://t.me/SYJCexam   F.Y EXAM :- https://t.me/fyexam     S.Y EXAM :- https://t.me/syexam     T.Y EXAM :- https://t.me/tyexam     M.Com Part 1 EXAM :- https://t.me/McomPart1Exam   M.Com Part 2 EXAM :- https://t.me/McomPart2Exam M.A EXAM :- https://t.me/mastudentsexam  YouTube Channel  https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw      

M.COM PART 1, MACROECONOMIC, Question Bank

M.com 2nd sem Economics importance question papers with answers mumbai university

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  M.Com SEMESTER – II MACROECONOMIC   1.   Q.3. Explain the concept of National Income Deflator. ANS: When we divide nominal national income by real national income, we obtain the national income deflator. The real national income can be calculated by dividing nominal national income by the national income deflator. The national income deflator for various years given is given in Table 1.5.   You may notice from Table 1.5 that when we divide the nominal national income by the real income, we can obtain national income deflator. However, to find out the real national income one needs the price index of the relevant years. Once, we have the current year price index number, we can find out the national income of the current year by dividing the nominal national income of the current year by the current year price index and multiply the quotient by hundred. Alternatively, the national income deflator can be found by dividing the current year price index by the base year price index. Since the base year price index is always hundred, the national income deflator can be simply found by moving the decimal points by two digits to the left. For instance, the wholesale price index in the year 2015-16 divided by 100 would give the national income deflator as 1.2206. You may notice that we have simply shifted the decimal point by two digits to the left. Now when we divide the nominal national income or the national income at current prices by the national income deflator, we can obtain the real national income. For example, Rs.121.62 Trillion divided by 1.2206 will give us Rs.99.63 Trillion which is the real national income for the year 2015-16.     If you want exam most important question bank pdf then you have to pay per subject 100/- rupees only .  Contact 8652719712 / 8779537141      Telegram Group Mumbai Univeersity :- https://t.me/mumbaiuniversityidol     Suraj Patel Education :- https://t.me/surajpateleducation       F.Y.J.C EXAM :- https://t.me/FYJCexam     S.Y.J.C EXAM :- https://t.me/SYJCexam     F.Y EXAM :- https://t.me/fyexam       S.Y EXAM :- https://t.me/syexam       T.Y EXAM :- https://t.me/tyexam       M.Com Part 1 EXAM :- https://t.me/McomPart1Exam     M.Com Part 2 EXAM :- https://t.me/McomPart2Exam M.A EXAM :- https://t.me/mastudentsexam    YouTube Channel  https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw     Best Other MCQ   Webside www.mumbaiuniversityidol.com  All Subject MCQ Link       

COMMERCE, F.Y.B.COM, Question Bank

Explain in detail the social objectives of the business fybcom sem 1

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 F.Y.B.COM ( SEMESTER – I ) Commerce Paper I (Introduction to Business) Q3. Explain in detail the Social objectives of the Business. Social Objectives Business : Business is a part of a social System. A social system involves people and their Organisations in mutual relationship to each other. Business is an integral part of society.   Following are the social objectives of business 1) Social Objectives towards Customers : The Survival and success of any business organisation depends on its cusumers. One universally accepted social objective of business is to satisfy consumers by providing goods and services as per their needs and expectations. Business activities are essential for meeting the needs of consumers. Business have to supplied quality good at reasonable price to the customer. 2) Social Objectives towards Employees : The Social Objective of a business firm towards its employees is to treat them with respect and provide them with the right compensation and facilities. Business should provide better wages, working conditions, good treatment to the employees. It also provide monetary and non-monetary benefits for satisfaction of the employees. This also ensures industrial peace and harmony. 3) Social Objectives towards shareholders : Shareholders invest their money in the business in the form of shares, debentures bonds etc. The basic objective is that the shareholder should receive a fair, return on their investment. The Objective of thebusiness is to utilise efficiently the money of the shareholder and give them fair return on their investment in the form of dividend a interest. 4) Social Objectives towards Government : A business organisation can’t function smoothly without the support and co-operation of the Government. Hence, it becomes necessary on the part of the organisation to fulfill its social duties towards the government. These include payment of taxes and duties, following the rules and regulations framed by the government from time to time, contributing towards the welfare activities of the government and so on. 5) Social Objectives towards Suppliers : The suppliers can play an important role in the success of an organisation by Supplying the right quality and quantity of material at the right time. Therefore, a business firm needs to have social objectives towards supplier in respect of timely payment of dues. Helping the suppliers in their financial requirements by making advance payments. 6) Social objectives towards Dealers : Dealers assist business firm by promoting and pushing goods and services in the market at the right time at the right place. It is one of the basic social objectives that be produced and supplied. If this basic demand of the society is met, the business may survive in the long run. 7) Social Objectives towards Society : Business organisation gain profit because of the support of the society. Naturally, they are expected to provide financial support for various social, educational and cultural activities. This is also necessary for maintaining cordial relations with the society. Business organizations must also support social welfare programmes.    

COMMERCE, F.Y.B.COM, Question Bank, S

Explain the Meaning and scope of Business F.Y.B.COM SEM I Commerce Paper I

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  F.Y.B.COM ( SEMESTER – I ) Commerce Paper I (Introduction to Business)     Q1. Explain the Meaning and scope of Business. Meaning :- According to L.H. Haney, “Business is a human activity directed towards producing or acquiring wealth through buying and selling activities.” SCOPE OF BUSINESS Business has a very wide scope. It includes large number of activities. These activities may be grouped under Two broad categories i.e. Industry and commerce.     I. Industry : The term industry refers to that part of business activity which directly concerns itself with production, processing or fabrication of goods and services. It creates form utility. In industry, raw materials are converted in to finished products, which can be used for consumption. Some industries manufacture consumer goods while others manufacture capital goods. Following are the various types of industriesa) Primary IndustriesThese industries are engaged in the production of primary goods, such as rice, cotton, fish etc. The best examples of this type of industries are Agriculture, fishing etc. b) Genetic Industries : `Genetic industry involves breeding and reproduction of plants and animals for the purpose of sale. Poultry, Plant nurseries, sericulture etc. are examples of genetic industry. The price of products available from such activities is generally less. c) Extractive Industries : Extractive industries extract valuable minerals, ores etc. from the natural elements like soil, water and air. These industries are concerned with the discovery and utilisation of natural resources such as minerals and forests. d) Manufacturing Industries : Manufacturing industries are concerned with the conversion of raw material into finished goods. They create form utility. The products of primary and extractive industries such as cotton, ironore, crude oil, etc. are used as a raw material in these industries. e) Construction Industries : Construction industries are concerned with the construction work like construction of bridges, dams, canals, roads, harbours, building etc. These industries do not operate in factory buildings but at the site allotted.. f) Service Industries : Service industries produce intangible goods i.e. goods which can’t be seen or touches for example transport, insurance, banking etc. These services are essential and useful for the expansion of business. II. Commerce : Commerce involves all those activities which facilitate transfer of ownership and movement of goods from the centers of production to the centers of consumption. In other word it involves all forms of trade and the services that assist trading. Commerce include trade and aids to trade. A) Trade : Trade means buying and selling of goods and services. It involves transfer of ownership of goods from the seller to buyer against money. In other words, trade is an exchange of goods and services for a price which the consumers are ready to pay. Consumers may be an individuals, government and industries who need raw materials. 1. Internal Trade : Internal trade is also known as home trade. It is conducted within the country. It can be at local level, regional level or national level. a) Wholesale trade : It involves buying in large quantities from producers and selling in smaller lots to retailers. The wholesaler is a link between manufacturers and retailers. b) Retail Trade : Retail trade involves buying in smaller lots from the wholesaler’s and Selling in very small quantities to the consumers for personal consumption. The retailer is the last link in the chain of distribution. He established a link between wholesaler and Consumers. 2. External Trade : The trade carried on between the traders of two different countries is called external trade. It is also called as International trade or foreign trade. It includes following trade. a) Export Trade : Export trade involves selling of goods from one country to another. For example, when goods are sold from India to America. b) Import trade : Import trade involves buying of goods from a Seller of another country. For example, a buyer from India purchases goods from a seller of china. c) Entrepot trade : When goods are imported from one country and then reexported to some other country, it is called entrepot. For example an Indian trader may buy goods from Bangladesh and then sell it to Pakistan. B) Aids-To-Trade Aids to trade constitute another component of commerce. Aids to trade include various agencies which are useful for the conduct of trading activities. There are as follows. a) Warehousing : There is a time gap between production and consumption. However, goods which are produced at one time are not consumed at the same time. Hence, it becomes necessary to make arrangement for storage or warehousing. Agricultural commodity like wheat and rice are seasonal in nature but are consumed throughout the year. On the other hand goods such as Umbrellas and woolen cloths are produced throughout the year but are demanded only during particular seasons. Therefore goods need to be stored in warehouses till they are demanded. b) Transport : There is a place gap from the place of production to the place of consumption. Goods are produced in one part of the country and Consumption in other parts of the nation. Transport fills the place gap. It meets out the gap between producer and consumer. It helps the manufacturer to expand their markets from local to regional, regional to national and national to global. c) Communication : Communications facilitates transfer of information. It involves transfer of messages from one person to another and from one place to another. It can be in oral or writing form of information. Oral communication can take place through telephone or personally. Written communication is possible through letter, fax, e-mail etc. It facilitates quick transfer of messages to take important decisions quickly. d) Insurance : Insurance reduces the problem of risks. Business is subject to risks and uncertainties. These are inevitable in the field of business. Risks may be due to fire, theft, accident or any other natural calamity. Insurance companies who act as risk bearer cover risks. Insurance tries to reduce risks by spreading them out over a greater

Management Accounting, Question Bank, S.Y.B.COM

S.Y.B.com sem 3 management accounting mcq pdf

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Management Accounting MCQ Semester 3   1)    Working capital is an excess of current assets over current _____. a)    Liabilities b)    Operating Ratio c)    No of times d)    Fixed Assets ANS: A   2)    ______ shows the period for which amount of sales remains invested in debtors. a)    Liquid Assets b)    Collection c)    Period Long term d)    Fixed Assets ANS: B   3)    Net profit ratio is an indicator of _____. a)    Turn Over b)    Liquidity c)    Profitability d)    Long term solvency ANS: C     4)    Current Ratio indicates _____. a)    Short term solvency b)    Long term solvency c)    Net operating profit and capital employed d)    Turn Over ANS: A   5)    Stock working capital ratio indicates relationship between stock and ______ capital. a)    Liquidity b)    Working c)    Financial Stability d)    Turn Over ANS: B   6)    Average stock = Opening Stock + _____/ 2. a)    Working b)    Opening stock c)    closing stock d)    Fixed Assets ANS: C   7)    A very high current ratio will a)    Increase profitability b)    Decrease profitability c)    Not affect profitability d)    Same Profitability ANS: B   8)    Comparative statement is a part of _____ analysis. a)    Vertical b)    Horizontal c)    Technical d)    Fundamental ANS: B   9)    Common size statement is a _____analysis. a)    Horizontal b)    Fundamental c)    Vertical d)    Technical ANS: C   10) _____ analysis show trend in performance. a)    Vertical b)    Trend c)    Horizontal d)    Structural ANS: B   11) Common size statement is also called as _____% statement. a)    Percentage Statement b)    most common statement c)    100 d)    Small sized ANS: C   12) In _____ in came statement sales is considered equal to 100. a)    Common Size b)    Comparative income statement c)    Balance Sheet d)    Income statement ANS: A   13) In common size _____ capital employed is considered equal to 100. a)    Balance Sheet b)    Common size Statement c)    Income statement d)    Comparative income statement ANS: A   14) In Trend Analysis earliest year is considered as _____ year. a)    Base b)    Current c)    Last d)    None of the above ANS: A   15) Analysis is a must for _____. a)    Interpretation b)    Evaluation c)    Detemination d)    None of the above ANS: A   16) Common size statement is a tool of a)    Vertical analysis b)    Horizontal analysis c)    Technical analysis d)    Fundamental analysis ANS: A   17) Common size statement is also known as a)    Percentage statement b)    100% statement c)    Most common statement d)    Small sized statement. ANS: B   18) In common size income statement, the basis is a)    Total cost b)    N.P c)    G.P d)    Sales ANS: D   19) In common size vertical Balance sheet the basis is a)    Capital employed b)    Total assets c)    Total liabilities d)    Proprietor’s fund ANS: A     20) Comparative statement is a tool of a)     Vertical analysis b)    Horizontal analysis c)    Structural analysis d)    Technical analysis ANS: B   21) Comparative statement shows a)    One year’s performance b)    Comparative performance c)    Financial performance d)    Profitability performance ANS: B   22) Increase/Decrease is a method of preparation of a)    common size statement b)    comparative statement c)    Income statement d)    Balance sheet ANS: B   23) _____ is a proportion between two figures. a)    Ratio b)    Percentage c)    Percentile d)    Sales ANS: A   24) One figure is divided by another figure to get _____ ratio. a)    Pure b)    Current c)    Liquidity d)    Sales ANS: A     25) Turn over ratios are expressed in _____. a)    Ratio b)    No of times c)    Percentage d)    assets  ANS: B   If You Need Most Importance MCQ PDF Management Accounts Question Bank Than Pay Rs 100 Only Contact 8652719712 / 8779537141    Other Subject MCQ Link COMMERCE 1) https://www.surajpateleducation.com/2020/12/commerce-sybcom-mcq-pdf.html 2) https://www.surajpateleducation.com/2021/04/mumbai-university-sybcom-commerce-mcq.html 3) https://www.mumbaiuniversityidol.com/2021/08/sybcom-commerce-importance-multiple.html   Financial Account 1) https://www.surajpateleducation.com/2020/12/financial-account-sybcom-mcq.html 2) https://www.surajpateleducation.com/2021/05/financial-account-mcq-pdf-mumbai.html 3) https://www.mumbaiuniversityidol.com/2021/06/financial-account-sybcom-mcq-mumbai.html   Management Accounts 1) https://www.surajpateleducation.com/2020/12/Management-Accounts%20-S.Y.B.COM-IMPORTANCES-MCQ-PDF.html 2) https://www.surajpateleducation.com/2022/01/sybcom-management-accounts-mcq-pdf.html Advertising 1) https://www.surajpateleducation.com/2021/04/sybcom-advertising-mcq-pdf-advertising.html 2) https://www.surajpateleducation.com/2021/07/sybcom-advertising-sem-4-mcq-questions.html 3) https://www.mumbaiuniversityidol.com/2021/04/sybcom-advertising-exam-mcq-pdf.html 4) https://www.mumbaiuniversityidol.com/2021/05/advertising-mcq-pdf-sybcom-advertising.html   Business Law 1) https://www.surajpateleducation.com/2020/12/business-law-sybcom-mcq-pdf.html 2) https://www.surajpateleducation.com/2020/12/business-law-sybcom-mcq-importance.html 3) https://www.surajpateleducation.com/2021/09/business-law-sybcom-semester-4-mcq-pdf.html   Business Economics 1) https://www.surajpateleducation.com/2020/10/business-economics-sybcom-students-mcq.html 2) https://www.surajpateleducation.com/2020/12/business-economics-business-economics.html 3) https://www.surajpateleducation.com/2021/04/business-economics-sybcom-sybcom.html 4) https://www.surajpateleducation.com/2021/09/sybcom-business-economics-mcq-with.html https://www.mumbaiuniversityidol.com/2021/04/sybcom-business-economics-mcq-pdf.html   Telegram Group Mumbai Univeersity :- https://t.me/mumbaiuniversityidol Suraj Patel Education :- https://t.me/surajpateleducation F.Y.J.C EXAM :- https://t.me/FYJCexam   S.Y.J.C EXAM :- https://t.me/SYJCexam F.Y EXAM :- https://t.me/fyexam S.Y EXAM :- https://t.me/syexam T.Y EXAM :- https://t.me/tyexam M.Com Part 1 EXAM :- https://t.me/McomPart1Exam   M.Com Part 2 EXAM :- https://t.me/McomPart2Exam M.A EXAM :- https://t.me/mastudentsexam    YouTube Channel  https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw  

Business Ethics, M.COM PART 1, Question Bank

M.com part 1 Business Ethics MCQ

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 M.Com Part 1 Business Ethics MCQ Semester 1 Exam  Mumbai University M.com Part 1 All Subject MCQ Link In One Link 👉Click Here👈       1.    An organisation’s obligation to act to protect and improve society’s welfare as well as its own Interest is referred to as A.   organisational social responsibility B.   organisational social responsiveness C.   corporate obligation D.   business ethics ANS: A   2.    A stakeholder orientation includes all of the following activities except: A.   generating data about stakeholder groups B.   assessing the firm’s effects on stakeholder groups C.   distributing stakeholder information throughout the firm D.   minimizing the influence of stakeholder information on the firm ANS: D   3.    Better access to certain markets, differentiation of products, and the sale of pollution-control technology are ways in which better environmental performance can: A.   increase revenue B.   increase costs C.   decrease revenue D.   decrease costs ANS: A   4.    It is deceptively used by an organisation to promote the perception that its products, aims, or policies are environmentally friendly- A.   Blue washing B.   white washing C.   green washing D.   green pricing. ANS: C   5.    Better access to certain markets, differentiation of products, and the sale of pollution-control technology are ways in which better environmental performance can: A.   increase revenue B.   increase costs C.   decrease revenue D.   decrease costs ANS: A   6.    The word _______ means fundamental values or moral rights A.   Ethics B.   Business C.   Commerce D.   Economics ANS: A   7.    “Busines ethics is a study of business situations, activities and decisions where issues of right and wrong are addressed A.   Robert Ginner B.   Andrew Crave C.   Krik O Hanson D.   Investopedia ANS: B   8.    Morality is the soul of business ethics A.   Code of conduct B.   Ethical Values C.   Subjective Term D.   Proper set-up ANS: B   9.    Morality and quality judgement are the core factors for conduct of business activities. A.   Code of conduct B.   Ethical Values C.   Subjective Term D.   Proper set-up ANS: A   10. FEATURES OF BUSINESS ETHICS A.   Code of conduct B.   Ethical Values C.   Subjective Term D.   All Of Above ANS: D   11. ______In India SSI and Cottage Industry plays on active role. A.   Protection of S.S.I. & Cottage Industry B.   Welfare of the Society C.   Growth and Expansions D.   Decision making ANS: A   12. FEATURES OF INDIAN ETHOS AND VALUES A.   Godliness of Individual B.   Understanding Self C.   Cosmic Consciousness D.   All Of Above ANS: D   13. CSR is mandatory for Indian companies to form which year…… A.   2013 B.   2014 C.   2012 D.   2015 ANS: B   14. What percentage of net profit of companies is required to be used as CSR……. A.   2% B.   1.5% C.   3% D.   2.5% ANS: A   15. Who is regarded as the father of CSR…. A.   Bowen B.   Friedman C.   Ackerman D.   Carroll ANS: D     16. Companies Act 2013 schedule …….mentioned about CSR activities. A.   VII B.   VI C.   V D.   VIII ANS: A     17.  The company matches donations made by employees to eligible nonprofit organizations are called……… A.   Employee matching gift B.   employee reimbursement scheme C.   employee guarantee scheme D.   Philip Kotler and Nancy Lee ANS: A     18.  (CSR) can be defined as a Company’s sense of responsibility towards the____ and____ in which it operates. A.   community B.   environment C.   world D.   state ANS: A     19. It is proven that employees enjoy working more for a firm that has a good____ A.   public image B.   local image C.   self image D.   national image ANS: A   20. After the proper implementation of CSR projects, it requires a timely____ of the same A.   Review B.   allteration C.   modification D.   delegation ANS: B   21. The ISO 26000 standard was launched in the year_____ A.   2010 B.   2011 C.   2012 D.   2013 ANS: A   22. ______Corporate Governance, business ethics and CSR, Ane Books Pvt Ltd, New Delhi A.   Sharma J.P B.   R.C. Sekhar C.   Philip Kotler and Nancy Lee D.   Ellington ANS: A   23. Real need of business ethics is felt in recent years following are the points which will stress out need & importance of business ethics A.   Need and importance of Business Ethics B.   Survival C.   Consumer rights D.   Welfare of the Society ANS: A   24. ______Employees should always carry positive attitude while working in the organisation. A.   Passion B.   Attitude C.   Humility D.   Equity ANS: B   25. Indian Contract Act ____ A.   1872 B.   1999 C.   1932 D.   1875  ANS: A           Best Other MCQ  Webside www.mumbaiuniversityidol.com All Subject MCQ Link      STRATEGIC MANAGEMENT 1)  https://www.mumbaiuniversityidol.com/2021/05/mcom-part-1-strategic-management-mcq.html 2)  https://www.mumbaiuniversityidol.com/2021/05/strategic-management-mcom-part-1-mcq-pdf.html 3)  https://www.mumbaiuniversityidol.com/2021/05/mcom-part-1-strategic-management-mcq-pdf.html   ADVANCE COST 1)  https://www.mumbaiuniversityidol.com/2021/05/mumbai-university-idol-mcq-pdf-idol.html 2)  https://www.mumbaiuniversityidol.com/2021/05/advanced-cost-accounting-mcom-part-1.html 3)  https://www.mumbaiuniversityidol.com/2021/05/advance-cost-accounting-mcom-paer-1-mcq.html 4)  https://www.mumbaiuniversityidol.com/2021/05/mumbai-university-idol-mcq-pdf-idol.html   ECONOMICS OF GLOBAL TRADE & FINANCE https://www.mumbaiuniversityidol.com/2021/05/mcom-part-1-economics-mcq-pdf-economics.html   MARKETING STRATEGIES https://www.mumbaiuniversityidol.com/2021/05/marketing-strategies-and-plans-mcom.html   ADVANCED FINANCIAL https://www.mumbaiuniversityidol.com/2021/05/mumbai-university-idol-mcq-pdf-idol.html       If You Need Most Importance MCQ PDF All Subject Question Bank Than Pay Per Subject Rs 100 Only  Contact 8652719712 / 8779537141              Telegram Group Mumbai Univeersity :- https://t.me/mumbaiuniversityidol     Suraj Patel Education :- https://t.me/surajpateleducation     S.S.C EXAM:-    https://t.me/joinchat/wIOptdUxh8A3YWU1     F.Y.J.C EXAM :- https://t.me/FYJCexam     S.Y.J.C EXAM :- https://t.me/SYJCexam     F.Y EXAM :- https://t.me/fyexam       S.Y EXAM :- https://t.me/syexam       T.Y EXAM :- https://t.me/tyexam       M.Com Part 1 EXAM :- https://t.me/McomPart1Exam     M.Com Part 2 EXAM :- https://t.me/McomPart2Exam   M.A EXAM :- https://t.me/mastudentsexam            Business Ethics mcqs with answers pdf m.com part 1 Business Ethics m.com mcq pdf Business Ethics multiple choice questions and answers pdf Business Ethics mcqs Business Ethics m.com part 1 books Business Ethics questions and answers pdf Business Ethics exam questions and answers pdf Business Ethics m.com part 1 mumbai university Mumbai University Business Ethics M.com Business Ethics mcom part 1 Business Ethics MCQ    

Business Economics, F.Y.B.COM, Question Bank

Business economics fybcom sem 1 mcq pdf

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  1.    The monopoly firm faces a _____ demand curve.    a.    veritcle           b.    Upward slopping      c.    Kinked           d.    downward sloping                           ANS: D   2.    An _____ firm does not face a definite demand curve.       a.    Monopolistic competition    b.    Monopoly      c.    Perfect Competition d.    Oligopoly                               ANS: D   3.    All of the following are determinants of demand except _____   a.    Consumer income   b.    Price related to goods         c.    Quantity supplied     d.    Size of population                            ANS: C   4.    A perfect competitive firm faces a _____ demand curve for its product.          a.    upward sloping         b.    downward sloping   c.    vertical straight line d.    horizontal straight line                                 ANS: D   5.    The demand curve under monopoly is a _____ curve.       a.    upward sloping         b.    downward sloping   c.    horizontal straight line         d.    None of the above                           ANS: B   6.    When demand is perfectly elastic, the demand curve is _____.  a.    horizontal straight line         b.    vertical straight line c.    Steep  d.    None of the above                           ANS: A   7.    _____ is the desire for a commodity which is backed by ability and willingness to pay its price.        a.    Demand         b.    Supply           c.    Demand function     d.    Supply function                                ANS: A   8.    Under oligopoly the firm faces a _____ demand curve.     a.    horizontal      b.    vertical           c.    upward sloping         d.    Kinked (Indeterminate)                               ANS: D   9.    An endless demand at the given price is the case of ______ demand. a.    Relatively elastic      b.    Unitary elastic           c.    perfectly elastic        d.    None of these                                   ANS: C   10. A steeper demand curve represent relatively ______ demand.    a.    elastic b.    perfectly c.    elastic inelastic         d.    unitary                                    ANS: C   11. If income rise by 10%, demand too rise by 10%, then income elasticity of demand is ______.         a.    Unitary elastic           b.    Relatively elastic      c.    unitary            d.    perfectly elastic                                ANS: C   12. If two goods are unrelated to each other, then it is ______ cross elasticity of demand.            a.    None of the above   b.    Positive c.    Negative        d.    zero                            ANS: D   13. Advertisement elasticity of demand is always ______.      a.    Negative        b.    positive          c.    zero    d.    None of the above                           ANS: B   14. Different ______ are indicated by differently sloping income demand curve. a.    price elasiticity          b.    Income elasticities   c.    Elasticity of substitution d.    None of these                                   ANS: B   15. A vertical straight line demand curve implies ______ degree of price elasticity.        a.    Positive          b.    Negative        c.    None ot these           d.    zero                            ANS: D   16. Commodities which requires a large portion of consumer’s income tend to have ______ demand.     a.    perfectly elastic b.    Zero    c.    inelastic         d.    elastic                         ANS: D   17. Jointly demanded goods tend to have ______ demand.    a.    inelastic         b.    perfectly elastic c.    Relatively inelastic   d.    inelastic                                 ANS:  D   18. A flatter demand curve represent relatively ______ demand.       a.    elastic b.    Relatively elastic      c.    None ot the above   d.    inelastic                                 ANS:  A   19. If elasticity of demand = 1, the marginal revenue is ______.         a.    zero    b.    Infinity c.    Positive          d.    Negative                                ANS: A   20. Which could be a positive cross elasticity demand between Butter and Jam?          a.    1          b.    – 0.9   c.    0.9       d.    2                                  ANS: B   21. When demand is perfectly elastic, the demand curve is : a.    Steep  b.    Non-linear     c.    Linear d.    Horizontal straight line                    ANS: D  

Indirect Tax, M.COM PART 2, Question Bank

M.com part 2 Indirect Tax mcq questions and answers pdf

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   M.com Part 2 All Subject MCQ Link In One Link   Click Here👈    1. Indian has chosen _____________ model of dual GST. a) USA b) UK c) Canadian d) Japan ANS: C   2. Liability to pay tax by the recipient of supply of goods or services is called __________. a) Forward charge b) Reverse charge c) Output tax d) Input tax ANS: B   3. Tax paid on purchase of goods or services or both is called__________. a) Output tax b) Composite tax c) Input tax d) Reverse tax ANS: C   4. Which of the following are not a benefits of GST ? a) Creation of unified national market b) Boost to ‘Make in India’ initiative c) More Competitive products d) Increase in overall tax burden on consumer ANS: D   5. Works contract is a supply of __________. a) Services b) Goods c) Both goods and services d) Neither goods nor supply of services6 ANS: A   6. Gifts not exceeding ________ in a year by an employer to employee shall not be treated as supply. a) Rs. 5,000 b) Rs. 10,000 c) Rs. 50,000 d) Rs. 1,00,000 ANS: C   7. A DTH company supplies a dish, set-top box, 3 year repairing and subscription of 500 channels for five years services as a package to the customers for Rs. 25,000. This is a ________. a) Mixed supply b) Continous supply c) Composite supply d) Common supply ANS: C   8. One tooth paste and tooth brush and a toilet soap sold in a packet for Rs. 50 is ________. a) Composite supply b) Mixed supply c) Common supply d) Continous supply ANS: B   9. What would be the tax rate applicable in case of composite supply ? a) Tax rate as applicable on principal supply b) Tax rate as applicable on ancillary supply c) Tax rate as applicable on supply attracting the highest rate of tax d) Not taxable at all ANS: A   10. What would be the tax rate applicable in case of mixed supply ? a) Tax rate as applicable on supply attracting the lowest rate of tax b) Tax rate as applicable on supply attracting the highest rate of tax c) Tax rate as applicable on principal supply d) Tax rate as applicable on ancillary supply ANS: B   11. A person is liable to be registered under GST law where the aggregate value of supply of services exceeds Rs. ______________, in general category. a) 10 Lakhs b) 20 Lakhs7 c) 40 Lakhs d) 75 Lakhs ANS: B   12. ________________ is the application form for registration on casual taxable person. a) GST-REG-11 b) GST–REG-01 c) GST-REG-10 d) GST-REG-06 ANS: B   13. __________________ is the15 -digit GST Identification Number. a) GSTN b) GSTP c) GSTIN d) GSTR ANS: C   14. In case of special category states the limit of aggregate turnover for GST registration is Rs. _____________ . a) 10 Lakhs b) 20 Lakhs c) 40 Lakhs d) 30 Lakhs ANS: A   15. Mr. Z shows following supplies in March 20 : Export of services: Rs. 15 lacs; Supply of goods exempted Rs. 5 lacs; Supply of taxable goods: Rs. 10 lacs. The aggregate turnover under GST in case of Mr. Z will be: a) 20 lacs b) 25 lacs c) 30 lacs d) 10 lacs ANS: C   16. Ms. Dayaben who has place of business in Ahmedabad engaged in supply of goods shows the following details for the year 2019-2020: Month Taxable PurchasesTaxable Sales Tax-Free Sales Dec 17 430,000 500,000 200,000 Jan 18 45,000 200,000 100,000 Feb 18 70,000 300,000 210,000 Mar 18 80,000 100,000 200,000 From which month is She is liable to apply for registration under GST. a. Jan 18 b. Feb 18 c. Mar 18 d. Not liable for registration. ANS: D    17. GST registration is _________. a) PAN based b) passport based 8 c) Aadhar based d) none of the above ANS: A    18. Within how many days a person should apply for registration ? a) Within 30 days from the date he becomes liable for registration b) Within 60 days from the date he becomes liable for registration c) No Time Limit d) Within 90 days from the date he becomes liable for registration ANS: A    19. What is the validity of registration certificate issued to casual taxable person and  non-resident taxable person ? a) 90 days from the effective date of registration b) Period specified in the application of registration c) Earliest of (a) or (b) above d) 180 days from the effective date of registration ANS: C    20. Which of the following persons are not liable for compulsory registration _________. a) E-commerce operators b) Agriculturists c) Input Service Distributors d) Non Resident Taxable person ANS: B    21. When can a voluntarily registration may not be cancelled ? a) If the person does not start business within 6 months from the date of registration b) Business has been discontinued or transferred for any reason c) Non-filing of returns for a continuous period of 6 months d) If a person files all the return within due date under GST ANS: D    22. The application shall be forwarded to the _________ who shall examine the application and the accompanying documents for GST registration. a) Proper Officer b) GSTN c) GSTP d) GST Portal ANS: A    23. Certificate of registration is issued in which form ? a) GST REG-06 b) GST REG-02 9 c) GST REG-01 d) GST REG-10 ANS: A    24. What is the validity of the registration certificate ? a) One year b) No validity c) Valid till it is cancelled. d) Five years. ANS: C    25. Within how many days an application for revocation of cancellation of registration can be made ? a) 7 days from the date of service of the cancellation order b) 15 days from the date of issue of the cancellation order c) 45

Business Economics, F.Y.B.COM, Question Bank

F.Y.B.com business economics sem 1 mcq with answers pdf

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  FYBCOM – BUSINESS ECONOMICS EXAM SEN 1. MCQ QUESTION BANK         1.    The monopoly firm faces a _____ demand curve.    a.    veritcle           b.    Upward slopping      c.    Kinked           d.    downward sloping                           ANS: D   2.    An _____ firm does not face a definite demand curve.        a.    Monopolistic competition    b.    Monopoly      c.    Perfect Competition d.    Oligopoly                               ANS: D   3.    All of the following are determinants of demand except _____     a.    Consumer income   b.    Price related to goods         c.    Quantity supplied    d.    Size of population                           ANS: C   4.    A perfect competitive firm faces a _____ demand curve for its product.            a.    upward sloping        b.    downward sloping   c.    vertical straight line d.    horizontal straight line                                ANS: D   5.    The demand curve under monopoly is a _____ curve.       a.    upward sloping        b.    downward sloping   c.    horizontal straight line        d.    None of the above                           ANS: B   6.    When demand is perfectly elastic, the demand curve is _____.    a.    horizontal straight line        b.    vertical straight line c.    Steep  d.    None of the above                           ANS: A   7.    _____ is the desire for a commodity which is backed by ability and willingness to pay its price.        a.    Demand         b.    Supply           c.    Demand function     d.    Supply function                               ANS: A   8.    Under oligopoly the firm faces a _____ demand curve.      a.    horizontal      b.    vertical           c.    upward sloping        d.    Kinked (Indeterminate)                               ANS: D   9.    An endless demand at the given price is the case of ______ demand.   a.    Relatively elastic      b.    Unitary elastic           c.    perfectly elastic        d.    None of these                                   ANS: C   10. A steeper demand curve represent relatively ______ demand.     a.    elastic b.    perfectly c.    elastic inelastic         d.    unitary                                    ANS: C   11. If income rise by 10%, demand too rise by 10%, then income elasticity of demand is ______.          a.    Unitary elastic           b.    Relatively elastic      c.    unitary            d.    perfectly elastic                                ANS: C   12. If two goods are unrelated to each other, then it is ______ cross elasticity of demand.            a.    None of the above   b.    Positive c.    Negative        d.    zero                            ANS: D   13. Advertisement elasticity of demand is always ______.        a.    Negative        b.    positive          c.    zero    d.    None of the above                           ANS: B   14. Different ______ are indicated by differently sloping income demand curve.   a.    price elasiticity          b.    Income elasticities   c.    Elasticity of substitution d.    None of these                                   ANS: B   15. A vertical straight line demand curve implies ______ degree of price elasticity.          a.    Positive          b.    Negative        c.    None ot these           d.    zero                            ANS: D   16. Commodities which requires a large portion of consumer’s income tend to have ______ demand.     a.    perfectly elastic b.    Zero    c.    inelastic         d.    elastic                         ANS: D   17. Jointly demanded goods tend to have ______ demand.    a.    inelastic         b.    perfectly elastic c.    Relatively inelastic  d.    inelastic                                 ANS:  D   18. A flatter demand curve represent relatively ______ demand.        a.    elastic b.    Relatively elastic      c.    None ot the above   d.    inelastic                                 ANS:  A   19. If elasticity of demand = 1, the marginal revenue is ______.           a.    zero    b.    Infinity            c.    Positive          d.    Negative                                ANS: A   20. Which could be a positive cross elasticity demand between Butter and Jam?            a.    1          b.    – 0.9   c.    0.9       d.    2                                  ANS: B   21. When demand is perfectly elastic, the demand

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