MCQOPTIONS
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MCQOPTIONS
This section includes 743 Mcqs, each offering curated multiple-choice questions to sharpen your Teaching knowledge and support exam preparation. Choose a topic below to get started.
| 201. |
In which sequence of the following function is carried out in the information system?(from first to last) I. Controlling the performance of the system. II. Storing the data resources. III. Accepting the input in the form of data resources. IV. Generating output. V. Processing the data resources into information products. Codes |
| A. | I, II, III, IV, V |
| B. | I, II, II, IV, V |
| C. | III, V, II, IV, I |
| D. | III, II, IV, I, V |
| Answer» D. III, II, IV, I, V | |
| 202. |
In which sequence of the following functions are performed by computer? I. Processing II. Input III. Output IV. Storage Codes |
| A. | I, II, III, IV |
| B. | II, I, IV, III |
| C. | I, III, II, IV |
| D. | IV, I, III, II |
| Answer» C. I, III, II, IV | |
| 203. |
The UNIX operating system has been written in...... |
| A. | Machine language |
| B. | language |
| C. | Assembly language |
| D. | None of the above |
| Answer» C. Assembly language | |
| 204. |
Secondary storage device is needed to |
| A. | Print output results |
| B. | Store small volume of data |
| C. | Perform arithmetic and logical calculations |
| D. | Store large volume of data and programs that exceed the capacity of the main memory at reasonable cost |
| Answer» E. | |
| 205. |
Memory, in which location can be reached at a short interval of time after specifying its address is called |
| A. | Random access memory |
| B. | Primary memory |
| C. | Secondary memory |
| D. | Both [a] and [b] |
| Answer» E. | |
| 206. |
The way, in which a private data network interconnects a number of terminals and computer is known as its |
| A. | Topology |
| B. | port |
| C. | Nodes |
| D. | protocol |
| Answer» B. port | |
| 207. |
Which of the following is not an external storage device? |
| A. | Magnetic disk |
| B. | Paper tape |
| C. | Magnetic tape |
| D. | Magnetic cores |
| Answer» E. | |
| 208. |
Which one of the following is False? |
| A. | Past members are included in 'A' list of contributories. |
| B. | Present members are included in 'A' list of contributories. |
| C. | If a company makes a default in delivering the statutory report to the registrar or in holding the statutory meeting, then company is compulsorily wound up by the court. |
| D. | Creditors voluntary winding up applies to insolvent companies. |
| Answer» B. Present members are included in 'A' list of contributories. | |
| 209. |
'B' List of contributories are not liable, |
| A. | If shares are fully paid up |
| B. | For liabilities after they are ceased to be member of the company |
| C. | If present shareholders paid the unpaid amount of the shares transferred by them |
| D. | All of the above |
| Answer» E. | |
| 210. |
Which of the following is not a preferential creditors? |
| A. | All sum due to employee from a provident fund, pension fund, gratuity fund or any other fund maintained for welfare of employee |
| B. | Compensation under workmens compensation act |
| C. | Amount due under employees state insurance act for 12 months previous to the winding up |
| D. | Amount due to employee under amalgamation or reconstruction. |
| Answer» E. | |
| 211. |
Correct order of payment. I. Unsecured creditors II. Any surplus, among the contributories III. Liquidation expenses IV. Preferential creditors V. Secured creditors Codes |
| A. | 1, 2, 3, 4, 5 |
| B. | 4, 3, 2, 1, 5 |
| C. | 3, 5, 4, 1, 2 |
| D. | 5, 3, 2, 1, 4 |
| Answer» D. 5, 3, 2, 1, 4 | |
| 212. |
The first item in order of payment to be made liquidator is |
| A. | Secured creditors |
| B. | Preferential creditors |
| C. | Liquidation expenses |
| D. | Unsecured creditors |
| Answer» D. Unsecured creditors | |
| 213. |
Liquidator is appointed by List I List II A. Court 1. Members voluntarily winding-up B. Members 2. In case of creditors voluntarily winding-up C. Creditors and Members 3. In case of compulsory winding-up Codes |
| A. | A\[\to \]3, B\[\to \]1, C\[\to \]2 |
| B. | A\[\to \]1, B\[\to \]2, C\[\to \]3 |
| C. | A\[\to \]2, B\[\to \]1, C\[\to \]3 |
| D. | A\[\to \]1, B\[\to \]3, C\[\to \]2 |
| Answer» B. A\[\to \]1, B\[\to \]2, C\[\to \]3 | |
| 214. |
Compulsory winding up |
| A. | If a company unable to pay its debt |
| B. | If the number of members of company reduced below statutory limit |
| C. | If a company does commence its business within a year from its incorporation |
| D. | All of the above |
| Answer» E. | |
| 215. |
Voluntary winding up |
| A. | If period fixed for the company is expired |
| B. | If company passes a special resolution the company would wound-up voluntarily. |
| C. | Members voluntary winding wound-up is applicable to solvent companies only |
| D. | All of the above |
| Answer» E. | |
| 216. |
Which of the following statement is False |
| A. | The preference shareholders are legally entitled to the repayment of capital in the event of liquidation of the company |
| B. | A company being a creation of law cannot die a natural death. It comes to an end by law through the process of liquidation |
| C. | If a company makes a default in delivering the statutory report to the registrar or in holding the statutory meeting, then company is compulsorily wound up by the court |
| D. | Creditors voluntary winding up applies to insolvent companies |
| Answer» B. A company being a creation of law cannot die a natural death. It comes to an end by law through the process of liquidation | |
| 217. |
Match the following List I List II A. Authorised share capital is mentioned in the ......... of the company 1. Irredeemable B. No dividend is paid on.. 2. Memorandum of Association C. Only .........preference shares can be redeemed. 3. Calls-in-advance D. No company can issue.. preference shares. 4. Fully paid Codes |
| A. | A\[\to \]2, B\[\to \]3, C\[\to \]4, D\[\to \]1 |
| B. | A\[\to \]3, B\[\to \]4, C\[\to \]2, D\[\to \]1 |
| C. | A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3 |
| D. | A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 |
| Answer» B. A\[\to \]3, B\[\to \]4, C\[\to \]2, D\[\to \]1 | |
| 218. |
Balance in share forfeiture account is shown in the balance sheet under the head |
| A. | Current liabilities and provisions |
| B. | Reserves and surplus |
| C. | Share capital account |
| D. | Unsecured loans |
| Answer» D. Unsecured loans | |
| 219. |
Match the following List I List II A. Deferred shares 1. Repayment obligation B. Preference shares 2. Resembles stock dividend C. Bonus shares 3. No dividend obligation D. Equity shares 4. Not being used Codes |
| A. | A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2 |
| B. | A\[\to \]4, B\[\to \]1, C\[\to \]3, D\[\to \]2 |
| C. | A\[\to \]3, B\[\to \]2, C\[\to \]1, D\[\to \]4 |
| D. | A\[\to \]4, B\[\to \]1, C\[\to \]2, D\[\to \]3 |
| Answer» E. | |
| 220. |
Match the following List I List II A. The formula for calculating the profit on reissue is 1. Aricle of Association B. Right shares must be first offered to existing....... 2. Security premium C. Premium received on issue of debenture is credited to...... 3. Amount forfeited less discount on reissue D. Redeemable preference shares can be issued only when it is authorised by its.. 4. Equity shareholders Codes |
| A. | A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2 |
| B. | A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 |
| C. | A\[\to \]3, B\[\to \]4, C\[\to \]2, D\[\to \]1 |
| D. | A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 |
| Answer» D. A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 | |
| 221. |
Match the following List I List II A. If the forfeited shares are reissued at discount the discount amount is debited to the...... 1. Share premium B. .....can be used to write off preliminary expense 2. Share forfeiture account C. Premium received on Issue of debenture is a .. 3. 20 years D. Preference shared redeemable within .. can be issued 4. Capital gain Codes |
| A. | A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 |
| B. | A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 |
| C. | A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3 |
| D. | A\[\to \]2, B\[\to \]3, C\[\to \]4, D\[\to \]1 |
| Answer» B. A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 | |
| 222. |
No interest is payable on |
| A. | Debentures |
| B. | Redeemable debentures |
| C. | Convertible debentures |
| D. | Debentures issued as collateral security |
| Answer» E. | |
| 223. |
Discount on issue of debentures is a |
| A. | Capital profit |
| B. | capital loss |
| C. | Revenue loss |
| D. | None of these |
| Answer» C. Revenue loss | |
| 224. |
The money which can be called on the winding-up of a company is called |
| A. | Capital reserve |
| B. | authorised capital |
| C. | called-up capital |
| D. | reserve capital |
| Answer» E. | |
| 225. |
Interim dividend is shown |
| A. | In profit and loss account |
| B. | In profit and loss appropriation account |
| C. | On the asset side of balance sheet |
| D. | On the liability side of balance sheet |
| Answer» C. On the asset side of balance sheet | |
| 226. |
That portion of the share capital which cannot be called-up except on the winding up is known as |
| A. | called-up capital |
| B. | paid-up capital |
| C. | Authorised capital |
| D. | reserve capital |
| Answer» E. | |
| 227. |
An amount of minimum subscription can be known by |
| A. | memorandum of association |
| B. | Articles of association |
| C. | Prospectus |
| D. | Statement in lieu of prospectus |
| Answer» D. Statement in lieu of prospectus | |
| 228. |
Minimum subscription must be collected within |
| A. | 60 days |
| B. | 45 days |
| C. | 120 days |
| D. | 130 days |
| Answer» D. 130 days | |
| 229. |
A fresh issue by a company can first be offered to |
| A. | The public |
| B. | The financial institutions |
| C. | The existing shareholders |
| D. | The debenture holders |
| Answer» D. The debenture holders | |
| 230. |
A new company cannot issue shares |
| A. | at discount |
| B. | at premium |
| C. | Both (a) and (b) |
| D. | at par |
| Answer» B. at premium | |
| 231. |
In which of the following securities, investment is most risky? |
| A. | Equity shares |
| B. | Preference shares |
| C. | Debentures |
| D. | All of the above |
| Answer» B. Preference shares | |
| 232. |
In case of liquidation of a company, which of the following is repayable in the last? |
| A. | Equity capital |
| B. | Preference capital |
| C. | Debenture capital |
| D. | Public deposits |
| Answer» B. Preference capital | |
| 233. |
Debenture interest is a |
| A. | Charge on profit |
| B. | Appropriation of profit |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» B. Appropriation of profit | |
| 234. |
Discount on the issue of debentures is a |
| A. | Real asset |
| B. | current asset |
| C. | fixed asset |
| D. | fictitious asset |
| Answer» E. | |
| 235. |
Loss on issue of debenture account is a |
| A. | Real account |
| B. | nominal account |
| C. | Personal account |
| D. | bank account |
| Answer» C. Personal account | |
| 236. |
'Proposed dividend' is shown in the balance sheet of a company under the head |
| A. | Provisions |
| B. | current liabilities |
| C. | Reserves and surplus |
| D. | other liabilities |
| Answer» B. current liabilities | |
| 237. |
Which type of debentures are transferable by mere delivery? |
| A. | Redeemable debentures |
| B. | Bearer debentures |
| C. | Convertible debentures |
| D. | Secured debentures |
| Answer» C. Convertible debentures | |
| 238. |
For how many days, the company must give a notice to the defaulting share holder before forfeiting his shares? |
| A. | 18 days |
| B. | 14 days |
| C. | 1 month |
| D. | None of these |
| Answer» C. 1 month | |
| 239. |
Capital reserve is created out of |
| A. | Uncalled capital |
| B. | paid-up capital |
| C. | Reserve capital |
| D. | capital profits |
| Answer» E. | |
| 240. |
'Non-convertible' debentures refer to |
| A. | Owner's capital |
| B. | loan capital |
| C. | Short-term debts |
| D. | All of the above |
| Answer» C. Short-term debts | |
| 241. |
Right shares means the shares which are |
| A. | Issued to the directors of the company |
| B. | first offered to the debenture holders |
| C. | first offered to the existing shareholders |
| D. | issued by a newly formed company |
| Answer» D. issued by a newly formed company | |
| 242. |
Issued capital is |
| A. | That part of authorised capital which is issued by the company |
| B. | That amount of capital which is subscribed by the shareholders |
| C. | That capital which is authorised by the company |
| D. | None of the above |
| Answer» B. That amount of capital which is subscribed by the shareholders | |
| 243. |
Capital redemption reserve account is available for |
| A. | Redemption of redeemable preference shares |
| B. | Redemption of redeemable debentures |
| C. | Re-organisation of share capital |
| D. | Issue of bonus shares |
| Answer» E. | |
| 244. |
Memorandum of Association is also known as |
| A. | Document of the company |
| B. | Agreement of the company |
| C. | Contract of the company |
| D. | Charter of the company |
| Answer» E. | |
| 245. |
In case of liquidation of a company any amount payable under employees provident fund will be |
| A. | Secured creditor |
| B. | Unsecured creditor |
| C. | Preferential creditor |
| D. | Partly secured creditor |
| Answer» D. Partly secured creditor | |
| 246. |
Reduction of share capital requires the permission of |
| A. | Central government |
| B. | court |
| C. | SEBI |
| D. | company registrar |
| Answer» C. SEBI | |
| 247. |
Interest payable on debentures is |
| A. | An appropriation of profits of the company |
| B. | A charge against profits of the company |
| C. | Transferred to sinking fund account |
| D. | Transferred to sinking fund interest account |
| Answer» C. Transferred to sinking fund account | |
| 248. |
Bonus shares can be issued out of |
| A. | Profit and loss account |
| B. | Capital reserve |
| C. | Share premium account |
| D. | All of the above |
| Answer» E. | |
| 249. |
In company risk is born by |
| A. | Directors |
| B. | Shareholders |
| C. | Creditors of company |
| D. | Managing director |
| Answer» C. Creditors of company | |
| 250. |
Preference shareholders have normally |
| A. | Equal voting rights |
| B. | No voting rights |
| C. | limited voting rights |
| D. | Full voting rights |
| Answer» C. limited voting rights | |