Can you please give here sample question paper of Commerce subject for Jharkhand Teacher Eligibility Test (TET)?

As you requires I am here giving you sample question paper of Commerce subject for Jharkhand Teacher Eligibility Test (TET).

Jharkhand TET Sample Question Paper:

1. In banking business maximum number of Partners can be-
(a) 10 (b) 20 (c) 50 (d) 30

2. Partnership business is governed by -
(a) The Indian Partnership Act. 1932
(b) The Indian Partnership Act. 1923
(c) The Indian Partnership Act. 1942
(d) The Indian Partnership Act. 1922

3. Interest on Partners Capital is calculated on -
(a) Capital at beginning
(b) Capital at the end
(c) Average Capital
(d) None of these

4. If the date of withdrawals are not mentioned, interest on drawing should be charged for ----
months.
(a) 5 ½ (b) 6 (c) 12 (d) 6 ½

5. Preparation of Partnership deed is :-
(a) Compulsory (b) Voluntary (c) Partly Compulsory (d) None of these

6. In the absence of Partnership deed interest on Partners loan is allowed at the rate of -
(a) 10 % (b) 5 % (c) 6 % (d) 7 %

7. Partners current Account are opened when their Capital is -
(i) Fixed (ii) Fluctuating (iii) Both a & b (iv) none of these

8. In an ordinary Partnership maximum number of partners can be.
(a) 10 (b) 70 (c) 20 (d) 50

9. Which account is prepare to determined the division of profit to the partners out of the income
earned or loss borne -
(a) P/L A/C (b) P/L Appropriation A/C (c) Capital A/C (d) None of these

10. Profit & Loss Appropriation A/C is -
(a) Personal A/C (b) Real A/C (c) Nominal A/C (d) None of these.

True and False
1. Current Accounts of partners are maintained under the fluctuating Capital method.
True/False

2. The burliness of the firm can be conducted even by one partner.
True/False

3. The Liability of a partner in a partnership firm is limited
True/False

4. Interest on partners loan, credited to partners capital

True/False

5. The Partnership business can be formed with service motive.
True/False

6. In the absence of partnership deed, profit sharing ratio between partner is equal.
True/False

7. Even in case of loss in partnership firm, the interest on partners loan is paid.
True/False

8. Under fixed capital method, any addition to capital will be shown in partners capital A/C.
True/False

Jharkhand TET Sample Question Paper