NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 423 - 426 of 1264

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Question number: 423

» Financial and Management Accounting » Basic Accounting Concept

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Appeared in Year: 2016

MCQ▾

Question

Which of the following is not a cash inflow? (July Paper 3)

Choices

Choice (4) Response

a.

Decrease in creditors

b.

Sale of a fixed asset

c.

Issue of shares

d.

Decrease in debtors

Question number: 424

» Income-Tax Law and Tax Planning » Basic Concepts

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Appeared in Year: 2016

MCQ▾

Question

Gratuity received by a government employee is (July Paper 3)

Choices

Choice (4) Response

a.

Fully exempted

b.

Exempted upto

c.

Fully taxable

d.

Exempted upto

Question number: 425

» Financial Management » Capital Budgeting

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Appeared in Year: 2016

Assertion-Reason▾

Question

Assertion (Ꭺ)

Capital Account convertibility is introduced only sometime after the introduction of convertibility on current account when exchange rate of currency of a country is relatively stable. (July Paper 3)

Reason (Ꭱ)

Capital Account convertibility is necessary for faster growth and development of economy and it makes foreign exchange rate more stable.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

b.

Ꭺ is false but Ꭱ is true

c.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

d.

Ꭺ is true but Ꭱ is false

Question number: 426

» Business Statistics and Data Processing » Normal Distribution

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Appeared in Year: 2016

MCQ▾

Question

Which one of the following is not the characteristic of normal distribution? (July Paper 3)

Choices

Choice (4) Response

a.

The two tails of the normal curve extend to infinity in both directions but never touch the horizontal axis.

b.

The number of independent constraints of normal distribution are N, X and

c.

For different values of standard deviation, the height of the mean ordinate remains the same.

d.

Mean, median and mode for the normal distribution are equal.

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