SYBBI - SEM III - MCQ

 

Multiple Choice Questions - MCQ...........

VERY VERY  IMPORTANT MCQ

 

 

AS PER UNIVERSITY OF MUMBAI SYLLABUS

 

 

Will be helpful to regular students of Mumbai university colleges who are going to give the online examinations of SEM I, and SEM III  class of students.

If it is helpful to you so also share it among your friends so that they will be also benefited from it.

 

ANSWERS ARE HIGHLIGHTED IN BOLD

S.Y.BBI- 3 SEM

 

Direct taxation

 

 

1.

Tirupati Devsthanam is treated under Income tax laws as

(2 points)

 

	◯	local authority
	◯	association of persons
	⚫	Artificial juridical person
	◯	company

 

2.

Income deemed to accrue and arise in india is taxable in case of :

(2 points)

 

	◯	resident only
	⚫	all assesses
	◯	both ordinarly resident and not an ordinarly resident
	◯	non resident

 

3.

Commuted pension received by government employees is

(2 points)

 

	◯	fully taxable
	⚫	fully exempt
	◯	exempt upto 33.3%
	◯	exempt upto 50%

 

4.

A person of unsound mind shall be treated as ________ under income tax act.

(2 points)

 

	◯	association of persons
	◯	body of individuals
	⚫	individual
	◯	firm

 

5.

Mr.Anil is a person with a physical disability of 50% . He is entitled to a deduction under section 80U of

(2 points)

 

	◯	Rs.1,75,000
	◯	Rs.1,00,000
	⚫	Rs.75,000
	◯	Rs.15,00,000

 

6.

Rakesh received rs.75,000 from his friend on the occasion of his birthday. The taxable amount of gift is

(2 points)

 

	◯	Rs.25,000
	◯	nil
	⚫	Rs.75,000
	◯	Rs.55,000

 

7.

A co-operative society is treated under income tax laws as

(2 points)

 

	⚫	association of person
	◯	company
	◯	artificial juridical person
	◯	local authority

 

8.

Capital gain arises on transfer of

(2 points)

 

	◯	any current asset
	◯	any fixed asset
	◯	tax deductible to firm
	⚫	any capital asset

 

9.

Income earned during what period is taxed?

(2 points)

 

	◯	assessement year
	◯	financial year
	◯	calender year
	⚫	previous year

 

10.

Mumbai university is treated under Income tax laws as

(2 points)

 

	◯	local authority
	◯	company
	◯	association of persons
	⚫	artificial juridical person

 

11.

The deduction allowable in respect of family pension under “ income from other sources” is

(2 points)

 

	◯	30% of the pension or rs.15,000 whichever is less
	◯	33-1/3% of the pension
	⚫	33-1/3% of the pension orRs.15,000 ,whichever is less
	◯	nil

 

12.

Children education allowance is exempt upto ________ under section10(14)

(2 points)

 

	◯	Maximum Rs. 100 per month for 3 children
	⚫	Maximum Rs. 100 per month for two children
	◯	Maximum Rs. 300 per month for 3 children
	◯	Maximum Rs. 200 per month for two children

 

S.Y.BBI- 3 SEM

 

Financial Management

 

1.

The formula of dividend pay out ratio is _____________.

(2 points)

 

	◯	(dividend* earning)
	◯	(MPS/EPS)*100
	⚫	(dividend/earnings)*100
	◯	(dividend*mps)

 

2.

Agency cost includes ______________.

(2 points)

 

	◯	target cost
	⚫	bonding cost
	◯	fixed cost
	◯	profit

 

3.

__________ is a regulatory authority over the entire capital markets in India.

(2 points)

 

	◯	RBI
	⚫	SEBI
	◯	IRDA
	◯	Stock exchange

 

4.

DCF Technique __________ the time value of money

(2 points)

 

	◯	not considers
	⚫	considers
	◯	changed
	◯	create

 

5.

_________ is lower for company

(2 points)

 

	◯	cost of raw material
	◯	cost of eqity
	⚫	cost of dept
	◯	cost of retained earning

 

6.

Dividend declare between two Annual general meetings is termed as __________.

(2 points)

 

	◯	stock dividend
	◯	liquidation dividend
	⚫	interim dividend
	◯	cash dividend

 

7.

EPS is _________ parameter for assessing shareholder’s  wealth

(2 points)

 

	⚫	traditional
	◯	modern
	◯	cultural
	◯	foreign

 

8.

Dividend paid to stockholders are _________.

(2 points)

 

	◯	double taxation
	◯	tax free
	◯	tax deductible to firm
	⚫	not tax deductible to firm

 

9.

Business can raise funds from ______ sources

(2 points)

 

	⚫	various
	◯	two
	◯	single
	◯	banking

 

10.

The Hidden cost of capital which is not incurred directly is termed as ____________.

(2 points)

 

	◯	transaction cost
	◯	fixed cost
	◯	operating cost
	⚫	implicit cost

 

11.

The cost of _________ capital is the highest.

(2 points)

 

	◯	dept
	◯	preference
	⚫	equity
	◯	international

 

12.

NPV considers ________ of money.

(2 points)

 

	◯	net value
	⚫	time value
	◯	present value
	◯	gross value

S.Y.BBI- 3 SEM

 

INFORMATION TECHNOLOGY

 

 

1.

www stands for

(2 points)

 

	◯	wide web world
	◯	web wide world
	⚫	world wide web
	◯	world world web

 

2.

HTTP is

(2 points)

 

	◯	hyper text transmit protocol
	⚫	hyper text transfer protocol
	◯	high test transfer protocol
	◯	high text transfer protocol

 

3.

SSL means

(2 points)

 

	◯	secure socket language
	⚫	Secure socket layer
	◯	secure stock language
	◯	secure stock layer

 

4.

EPS IS ________

(2 points)

 

	⚫	electronic payment system
	◯	electric payment system
	◯	exact payment system
	◯	electrical pay system

 

5.

what is the name of the act that governs internet usage in India

(2 points)

 

	◯	IT ACT 1995
	⚫	IT ACT 2000
	◯	IT ACT 1999
	◯	IT ACT 200

 

6.

A _________ function provides quick way to find the maximum number in MS-Excel

(2 points)

 

	◯	sum
	◯	average
	⚫	max
	◯	min

 

7.

a ________ is also called bank card

(2 points)

 

	⚫	debit card
	◯	EFT
	◯	smart card
	◯	credit card

 

8.

any crime done using electronic gadgets is a part of

(2 points)

 

	◯	RBI
	◯	property act
	◯	company act
	⚫	IT ACT 2008

 

9.

_________ is simply commerce between private individuals or consurmers

(2 points)

 

	⚫	C2C
	◯	G2C
	◯	B2C
	◯	G2B

 

10.

merchant is also called

(2 points)

 

	◯	payer
	◯	issuer
	◯	acquirer
	⚫	payee

 

11.

A _________ function provides quick way to add numbers together in MS-Excel

(2 points)

 

	◯	min
	◯	count
	⚫	sum
	◯	max

 

12.

Digital signature is also called as

(2 points)

 

	◯	electric signature
	⚫	electronic signature
	◯	personal signature
	◯	cheque

S.Y.BBI- 3 SEM

Management Accounting

 

1.

Balance sheet Provides a statement of …………at a point of time.

(2 points)

 

	◯	assets position
	◯	liabilities position
	⚫	financial position
	◯	performance position

 

2.

Management accounting enables the function of …….

(2 points)

 

	◯	planning
	⚫	planning , decision making , controlling
	◯	decision making
	◯	controlling

 

3.

What is the percentage yield on shares of face value Rs 10 , purchases at Rs 20 which pay a dividend of 20%

(2 points)

 

	◯	Rs.2
	⚫	10%
	◯	20%
	◯	Rs.4

 

4.

If the profit before tax ratio is 25% and the company is subject to income tax rate of 30%, then the profit after tax ratio will be ………….

(2 points)

 

	◯	2.5 %
	◯	32 %
	◯	7.5 %
	⚫	17.5 %

 

5.

Retained earnings are

(2 points)

 

	◯	not important when determining dividends
	◯	.an indication of a company's liquidity.
	⚫	the cumulative earnings of the company after dividends
	◯	the same as cash in the bank.

 

6.

If expected sales are only against cash, then working capital required will be ……

(2 points)

 

	⚫	less
	◯	maximum
	◯	zero
	◯	More

 

7.

…………. Information is used by top management to plan the objectives of the organization and to assess whether the objectives are being met in practical.

(2 points)

 

	⚫	strategic
	◯	planning
	◯	tactical
	◯	operational

 

8.

EPS is calculated as ……

(2 points)

 

	◯	EIT
	⚫	EAT – (preference Dividend)/ Equity shares
	◯	EBIT/ Equity shares
	◯	EBIT - (Preference shares)/ Equity Shares

 

9.

In vertical revenue statement interim dividend paid is classified as

(2 points)

 

	⚫	appropriation of profit
	◯	finance expenses
	◯	non- operational expenses
	◯	selling expenses

 

10.

………. Is not considered as an intangible asset.

(2 points)

 

	◯	patents
	◯	trademarks
	◯	goodwills
	⚫	loose tools

 

11.

When the Current liabilities are more then the current assets know as………

(2 points)

 

	◯	Zero working capital
	◯	Positive Working capital
	◯	Net working capital
	⚫	Negative Working Capital

 

12.

Dividend Cover is

(2 points)

 

	◯	MPS/DPS
	◯	DPS/EPS
	◯	PAT/DPS
	⚫	EPS/DPS

S.Y.BBI- 3 SEM

 

Organizational Behavior

 

1.

Positive reinforcement _________ the probability of the derived behaviour.

(2 points)

 

	◯	Decreases
	◯	Positive
	⚫	Increases
	◯	negative

 

2.

Socialisation is the process of ______________ the norms.

(2 points)

 

	◯	Strategic
	⚫	Internalizing
	◯	Consensus
	◯	Behavioural

 

3.

Employees in return of voluntary are given lump sum payment this type of recruitment is called __________.

(2 points)

 

	◯	Mechanistic
	⚫	Golden Hand Shake
	◯	physical
	◯	consensus

 

4.

Group dynamic deals with the ___________.

(2 points)

 

	⚫	Attitude
	◯	Belief
	◯	Values
	◯	behaviour

 

5.

__________ is major cause of separation of employees from the organisation.

(2 points)

 

	◯	Leave
	⚫	Retirement
	◯	Promotion
	◯	Bonus

 

6.

_________ who propounded the bureaucratic theory of organisation and management.

(2 points)

 

	◯	Sigmund Freud
	⚫	Max Webber
	◯	Pavlov
	◯	Leon festinger

 

7.

_____________ in the late 1950s proposed the theory of cognitive dissonance.

(2 points)

 

	⚫	Leon festinger
	◯	Pavlov
	◯	Max Webber
	◯	Sigmund Freud

 

8.

The PHALIC stage _________.

(2 points)

 

	◯	Puberty
	◯	from one year to three years
	◯	From birth to 1 year
	⚫	from 3 to 6 years

 

9.

__________refers to similar behaviour by many individual who face similar situation.

(2 points)

 

	⚫	Consensus
	◯	Stimulus
	◯	power
	◯	Group

 

10.

Analytical style ____________.

(2 points)

 

	◯	Highly creative
	◯	Like to work as a team
	◯	Cooperation among companies
	⚫	Greater tolerance for ambiguity

 

11.

________ is the ability to influence someone else.

(2 points)

 

	◯	Group
	◯	Stimulus
	◯	Consensus
	⚫	Power

 

12.

__________ is one of the causes of stress.

(2 points)

 

	◯	Mechanistic
	⚫	Frustration
	◯	physical
	◯	consensus