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June 16th, 2014, 03:02 PM
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UGC NET Commerce Paper
Provide me question paper for UGC National Eligibility Test commerce paper in PDF format ? Here I am giving you question paper for UGC National Eligibility Test commerce paper in PDF file attached with it so you can get it easily.. 1. Who is the fiscal agent and advisor to Government in monetary and financial matters ? (A) NABARD (B) SBI (C) RBI (D) None of the above 2. Match the items of List – I with the items of List – II : List – I List – II (a) National Manufacturing Competitiveness Council (NMCC) (i) Industrial Licensing Policy (b) National Investment Fund (NIP) (ii) Eleventh Five Year Plan (c) The Industries (Development and Regulation) Act (IDRA), 1951 (iii) The Competition Act, 2002 (d) Increase in Employment (iv) Public Sector Undertakings Codes : (a) (b) (c) (d) (A) (iv) (i) (ii) (iii) (B) (iii) (iv) (i) (ii) (C) (i) (ii) (iii) (iv) (D) (iv) (iii) (ii) (i) 3. Kyoto Protocol pertains to (A) Capital formulation (B) Globalisation (C) Environmental protection (D) Unemployment reduction 4. Uruguay Round pertains to (A) WTO (B) IMF (C) GATT (D) World Bank 5. Which of the following are outside the scope of the Consumer Protection Act, 1986 ? (A) Newspaper industry (B) Services provided under contract of personal service (C) Banking industry (D) Both (A) and (B) 6. Which of the following is ‘true’ regarding the Prudence Principle of Accounting ? (A) Taking care of the future losses (B) Taking care of the future profits (C) Taking care of bad debts (D) Taking care of inventory and depreciation 7. Which of the following is a nonoperating expense ? (A) Salary of Managing Director (B) Depreciation (C) Advertisement expenditure (D) Interest on loan 8. A and B are partners sharing profits in the ratio of 3 : 2. Their books showed goodwill at ` 3,000. C is admitted with 14 th share of profits and brings ` 10,000 as his capital. But he is not able to bring in cash for his share of goodwill ` 3,000. How will you treat this ? (A) Goodwill is raised by ` 12,000 (B) C will remain as debtor for ` 3,000 (C) C’s A/c. is debited for ` 3,000 (D) Goodwill is raised by ` 9,000 9. If there is mutual indebtedness between the transferor company and the transferee company in business combination, which of the following is correct ? (A) No adjustment is required in the books of the transferor company. (B) Adjustment is required in the books of the transferor company. (C) No adjustment is required in the books of the transferee company. (D) None of the above 10. Improvement of profit-volume ratio can be done by (A) Increasing selling price (B) Altering sales mixture (C) Reducing variable cost (D) All of the above 11. Business Economics is a subject which (A) studies economic relationships (B) studies economic activities at the aggregate level (C) deals with the tools of economics used for decision making in business (D) studies optimum allocation of limited resources Last edited by Neelurk; April 25th, 2020 at 11:57 AM. |
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