CBSE NET COMMERCE QUESTIONS WITH ANSWER

CBSE NET NOTIFICATION IS OUT!!!    CBSE (Central Board Of Secondary Education )  has  is sued net notification for the conduct of NATIONAL ELIGIBILITY TEST in 84 subjects.This test will be conducted for the  eligibility of junior research fellowship and  Assistant Professor.Test will be held on 08-07-2018. Dates for filing form online is application is 06-03-2018 to 05-04-2018.Applicant can apply through                                     https://cbsenet.nic.in Some important dates which should be kept in mind are: Starting Date of Online application: 06-03-2018. Last Date for online application : 05-04-2018 . Last date of payment of fee: 06-04-2018 Date of National Eligibility Test: 08-07-2018. Pattern of written exam is:- Selection will be based on written test. Written Test will consist of two papers. Both the papers will consist of only objective type questions and will be held on 08-07-2018. Paper I will consist of 50 question of 10

Dear Folks , another 10 question for your knowledge... 26.Which one of the following is not correct about business ethics? A.Business ethics reflects the philosophy of business. B.Business ethics is a form of applied ethics. C.Business ethics is governed by the government policies. D.Ethics are the standards which govern decisions on daily basis. ANSWER-:C EXPLANATION -:ethics are moral norms and responsibility which is expected from business concern to be followed. Business ethics is not governed by government policy. 27.Target marketing involves which of the following? A.market positioning B.market targeting. C.market behavior. D.market segmentation codes:- 1.A and B 2.B and D 3.A, B and D 4.B,C and D ANSWER:-3 EXPLANATION :-There are three stages of Target Marketing: -marketing segmentation -market targeting -market positioning 28.Rental income received by a foreign individual from another foreign individual, in respect of the property s

HELLO READERS , HERE IS ANOTHER QUESTION SET TO BOOST YOUR KNOWLEDGE!                           16  .     .               which stage of product-life-cycle are the pricing decisions most complex ? (A)         Decline (B)          Growth (C)          Introduction  (D)         Maturity ANSWER-D EXPLANATION: - maturity is the third stage of  product life cycle before declining  stage at this stage sales reaches at its peak and competition becomes intense.Organisation tries to use innovative techniques to maintain their market share. 17  .     Which is not one of the stages in the consumer buying-decision process ? (A)         Purchase decision (B)          Post-purchase behavior (C)          Problem recognition (D)         Cultural factors ANSWER-D EXPLANATION:- there is 6   stages in consumer buying decision which are as           follows -problem recognition,information search, evaluation of alternatives,           purchase decision, purchase , post p

               DEAR READERS,                      Here is another entry in question set series!               11.  Given :             Margin of Safety   80,000            Profit   20,000            Sales   3,00,000            What is the amount of Fixed Cost ?             (1)          1,00,000                 (2)          75,000                     (3)          55,000                               (4)          20,000            ANSWER:-3           EXPLANATION:- as we know that MARGIN OF SAFETY  = PROFIT/ PV              RATIO            80,000=20,000 /PV RATIO            PV RATIO=.25=25%            CONTRIBUTION=SALES* PV RATIO                             =3,00,000*25%                             =75,000           CONTRIBUTION-FIXED COST=PROFIT           75,000-FIXED COST=20000           FIXED COST=55,000           12. Which of the following   is   not   regulated by The Competition Act, 2002 ?

QUESTION SET 3 11.          Which of the following have been recognized under the intellectual property eligible for creation of rights as per WTO mandate ? (a)          Computer software, music disc, performing art (b)          Geographical indicator (c)           Global positioning system (d)          Journals, books, seeds, design, brand Codes : (1)          (a), (b) and (c)   (2)          (d), (c) and (a) (3)          (a), (b) and (d)  (4)          (c), (a) and (b) ANSWER:- 3 EXPLANATION :-Except global positioning system all are part of intellectual property rights. . 12.          Assertion (A) : Amended Patent Act, in compliance with WTO, provides for grant of product patent as well as a process patent for a period of 20 years from the date of application. Reasoning (R) : Under the Act, patent may be granted to an invention which means a new product  or process involving an inventive step and capable of industrial application, a technical advance

QUESTION SET-2 6.               Preparation of consolidated statement of accounts as per AS - 21 is : (1)             Optional (2)             Mandatory for Private Ltd. Companies (3)             Mandatory for Listed Companies (4)             Mandatory for all Companies ANSWER-3 EXPLANATION :-AS-21 deals with consolidated financial statment where a parent company is required to prepare financial statements of its subsidiary. 7.               Which   one of the following is not true of cash   Budget ? (1)             The shortage or excess of cash   would appear in a particular period. (2)             All inflows would arise before outflows for those periods. (3)             Only revenue nature cash   flows are shown. (4)             Proceeds from issue of share capital is shown as an inflow.                         ANSWER -3                         EXPLANATION:- cash budget includes capital natu