Here I am looking for the previous year Question paper of UGC NET Commerce Paper III Exam, can you please provide me the same???

As you are looking for the previous year Question paper of UGC NET Commerce Paper III Exam, so here I am sharing the same with you

1. In accounting, profit prior to incorporation is treated as
(A) Revenue Reserve
(B) Secret Reserve
(C) Capital Reserve
(D) General Reserve

2. Receipts and Payments Account is prepared by
(A) Manufacturing concerns
(B) Non-Trading concerns
(C) Trading concerns
(D) Companies registered under Companies Act, 1956

3. Owners equity stands for
(A) Fixed Assets minus Fixed Liabilities.
(B) Fixed Assets minus Current Liabilities.
(C) Current Assets minus Fixed Liabilities.
(D) Total Assets minus Total outside Liabilities.

4. When the Debt Turnover Ratio is 4, what is the average collection period ?
(A) 5 months (B) 4 months
(C) 3 months (D) 2 months

5. Which of the following will result into sources of funds ?
(i) Increase in current assets
(ii) Decrease in current assets
(iii) Increase in current liabilities
(iv) Decrease in current liabilities
Codes :
(A) (i) and (iv) (B) (ii) and (iii)
(C) (i) and (iii) (D) (ii) and (iv)






Rest of the Questions are attached in below file which is free of cost

Attached Files

UGC-NET-Commerce-Paper-III-Exam-Question-paper.pdf (162.5 KB, 97 views)