Vidhyabhyas PAPER 3_COMMERCE_JAN 2017


#1. Identify the correct statement from the following:

#2. Which of the following is not true?

#3. Preparation of consolidated Balance Sheet of Holding Company and its subsidiary company is done as per

#4. Amount due to outgoing partner is shown in the balance sheet as his

#5. In which one of the following market situations, the pricing above the prevailing market price is used as a more common practice?

#6. Which one of the following statements is false regarding normal distribution?

#7. If unexplained variation between variables X and Y is 36%, what is the coefficient of correlation between the variables?

#8. A researcher wants to test the significance of the difference between the average performance of the two small sized samples when the information of the population standard deviation is not available, which one of the following hypothesis-testing is suitably used?

#9. Creating the capability of making purchases directly from a firm’s website is known a

#10. In integrating specialist functions of product management with the line function of sales as major challenge to top management can be achieved by which type of marketing organization?

#11. In certainty-equivalent approach, risk adjusted cash flows are discounted at

#12. ‘That personal leverage can replace corporate leverage’ is assumed by

#13. Which council was established in India by Government of India in the year 1966 to promote safety consciousness among workers in industries?

#14. With a view to encourage newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, IDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs. This scheme is known as

#15. Which one of the following is not the objective of UTI?

#16. Under which of the following schemes, the IFCI procures equipment for an actual-user industrial concern by making payment to the machinery/equipment supplier, and then resells/transfers the equipment to the actual-user-industrial concern at the same cost, subject, however, to any liability arising out of taxes and other levies, being put to the account of the actual user industrial concern?

#17. Which of the following correctly depicts differences between a merger and an acquisition of stock?

#18. Lease which includes a third party (a lender) is known as

#19. Which of the following statements is correct?

#20. The concept of achieving maximum profits through increased consumer satisfaction for raised market share focuses on

#21. Which of the following is not a measure for quality of service for consumer?

#22. A descriptive thought that a person holds about something is called

#23. Deferment, Autonomy of object, use of the common place, involvement/detachment and use of metaphor are description of which of the following technique?

#24. Which of the following statements relating to incentive payments is correct?

#25. Which one of the following industrial relations approach believes in state intervention via legislation and the creation of industrial tribunals as supporting management’s interest rather than ensuring a balance between the competing groups?

#26. What is the term coined for the system of communication and consultation, either formal or informal, by which workers of an organization are kept informed, as and when required, about the affairs of the undertaking and through which they express their opinion and contribute to decision-making process of management?

#27. What is the popular term used for that type of option in Foreign Exchange Market which provides the holder the right to purchase or sell foreign currency at the most favorable exchange rate realized over the life of the option?

#28. What is the term used popularly for the situation when a speculator, being dominant in the market, expects a drop in the value of a particular currency and he begins selling it forward?

#29. Identify the correct statement.

#30. What is the situation referred to as, amongst the following, when intra-region trade is duty free but there is variation in tariff structure for import from a third country?

#31. Which of the following statements is not correct relating to comparison of FDI with trade?

#32. An equipment was acquired at a cost of ₹ 10 lacs and was put to use in Scientific Research. After one year of research the equipment was brought into another business of the assessee. For charging depreciation, Block of Assets shall be increased by

#33. If an assessee is engaged in the business of growing and manufacturing tea in India, the portion of agricultural income in that case shall be

#34. Which of the following statements is not correct?

#35. X donated ₹ 20,000 to a charitable institution, which is eligible for deduction u/s 80 G, during the financial year 2015-16. His total income during the period was ₹ 1,50,000. How much deduction he can claims u/s 80 G?

#36. X is employed in a private company at a salary of ₹ 70,000 per month and ₹ 10,000 per month as dearness pay. He received ₹ 2,000 per month as house rent allowance. He paid ₹ 2,500 per month as house rent. What is the exempted portion of house rent allowance?

#37. Surcharge is payable by an individual where the total income exceeds

#38. Which one of the following statements is not correct?