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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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