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Cost Accounting

A factory employs 250 workers. All the workers including workers above 60 years ofage and below 15 years of age went on strike. The employer

Question:

A factory employs 250 workers. All the workers including workers above 60 years ofage and below 15 years of age went on strike. The employer

A.

can deduct fine from all the workers

B.

cannot deduct fine from workers who are under the age of 15

C.

no fine can be imposed from workers who are 60 years and above

D.

cannot deduct any fine from any worker.

Answer» b. cannot deduct fine from workers who are under the age of 15

Note: The above multiple-choice question is for all general and Competitive Exams in India

A factory employs 250 workers. All the workers including workers above 60 years ofage and below 15 years of age went on strike. The employer Read More »

» Laws and Ethics solved MCQs

Who, among the following, is not the Principal Employer?

Question:

Who, among the following, is not the Principal Employer?

A.

Occupier of the factory

B.

Owner of the factory

C.

Legal representative of the owner

D.

Legal representative of the contractor.

Answer» d. Legal representative of the contractor.

Note: The above multiple-choice question is for all general and Competitive Exams in India

Who, among the following, is not the Principal Employer? Read More »

» Laws and Ethics solved MCQs

In case of employee covered under the ESI, the accident report shall be sent in _______ to local office of the ESI to which the company is attached.

Question:

In case of employee covered under the ESI, the accident report shall be sent in _______ to local office of the ESI to which the company is attached.

A.

Form No. 18

B.

Form No. 18A

C.

Form No. 25

D.

Form No. 16

Answer» d. Form No. 16

Note: The above multiple-choice question is for all general and Competitive Exams in India

In case of employee covered under the ESI, the accident report shall be sent in _______ to local office of the ESI to which the company is attached. Read More »

» Laws and Ethics solved MCQs

The rate at which the commercial banks borrow from the RBI is called as __________

Question:

The rate at which the commercial banks borrow from the RBI is called as __________

A.

REPO

B.

PLR

C.

BPLR

D.

Bank Rate

Answer» d. Bank Rate

Note: The above multiple-choice question is for all general and Competitive Exams in India

The rate at which the commercial banks borrow from the RBI is called as __________ Read More »

» Fundamentals of Economics solved MCQs

Gratuity shall be payable to an employee on the termination of his employment afterhe has rendered continuous service for not less than

Question:

Gratuity shall be payable to an employee on the termination of his employment afterhe has rendered continuous service for not less than

A.

three years

B.

five years

C.

seven years

D.

ten years

Answer» b. five years

Note: The above multiple-choice question is for all general and Competitive Exams in India

Gratuity shall be payable to an employee on the termination of his employment afterhe has rendered continuous service for not less than Read More »

» Laws and Ethics solved MCQs

Generally the size of the order for production in Job production is:

Question:

Generally the size of the order for production in Job production is:

A.

Small

B.

Large

C.

Medium

D.

Very large.

Answer» a. Small

Note: The above multiple-choice question is for all general and Competitive Exams in India

Generally the size of the order for production in Job production is: Read More »

» Operations Management and Strategic Management solved MCQs

In a partnership firm, the decision can be made by rule of majority when decisionsrelate to

Question:

In a partnership firm, the decision can be made by rule of majority when decisionsrelate to

A.

policy matters

B.

ordinary routine matters

C.

financial matters

D.

buying and selling of property

Answer» b. ordinary routine matters

Note: The above multiple-choice question is for all general and Competitive Exams in India

In a partnership firm, the decision can be made by rule of majority when decisionsrelate to Read More »

» Laws and Ethics solved MCQs

Which of the following is not implied condition under The Sale of Goods Act, 1930?

Question:

Which of the following is not implied condition under The Sale of Goods Act, 1930?

A.

Sale by description

B.

Sale by discount price

C.

Sale by sample

D.

Quality or fitness

Answer» b. Sale by discount price

Note: The above multiple-choice question is for all general and Competitive Exams in India

Which of the following is not implied condition under The Sale of Goods Act, 1930? Read More »

» Laws and Ethics solved MCQs

Examine as to which of the following payments form part of “salary” under the provisions of the Payment of Bonus Act, 1965.

Question:

Examine as to which of the following payments form part of “salary” under the provisions of the Payment of Bonus Act, 1965.

A.

Travelling allowance

B.

Commission on sales

C.

Dearness allowance

D.

Overtime allowance

Answer» c. Dearness allowance

Note: The above multiple-choice question is for all general and Competitive Exams in India

Examine as to which of the following payments form part of “salary” under the provisions of the Payment of Bonus Act, 1965. Read More »

» Laws and Ethics solved MCQs

The year by which a sum of rupees would be 1.21 times of itself at 10% per annum C.Iis

Question:

The year by which a sum of rupees would be 1.21 times of itself at 10% per annum C.Iis

A.

2 years

B.

3 years

C.

3.5 years

D.

2.5 years

Answer» a. 2 years

Note: The above multiple-choice question is for all general and Competitive Exams in India

The year by which a sum of rupees would be 1.21 times of itself at 10% per annum C.Iis Read More »

» Fundamentals of Business Mathematics solved MCQs