जीएसएससी परीक्षा पूर्वतयारी

1.  Vertical integration in a business refers to

A Diversifying products

B Merging with competitiors

C Hiring extra resources

D Owning the supply chain

E None of the above

Correct Answer D

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2. In management the purpose of Gantt chart is for

A Financial forecasting

B Marketing analysis

C Demand forecasting

D Scheduling and tracking project tasks

E None of the above

Correct Answer D

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3 . Flexible manufacturing systems in a business organisations are developed for

A Low customization

B High volume, more variety

C Reducing labour

D Rapid changes in product types

E None of the above

Correct Answer B

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4. c Primary focus of lean production systems in a business is to

A Expand production lines

B Reduce the material cost

C Reduce wastage and improve efficiency

D Increase production capacity

E None of the above

Correct Answer C

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5.The pull system in a business organisation implies

A Marketing after new markets are discovered

B Continuity in production

C Sales follow manufacturing

D Production after demand is signalled

E None of the above

Correct Answer D

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6. Which of the following affects the calculation of depreciation?

A Scrap value

B Asset life

C Cost of asset

D All of the above

E None of the above

Correct Answer D

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7 . Provision for discount on debtors is:

A An expected loss

B An accrued income

C A contingent liability

D A liability

E None of the above

Correct Answer A

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8 .Which is not shown under current liabilities?

A Provision for taxation

B Provision for depreciation

C Provision for repairs

D Outstanding wages

E None of the above

Correct Answer B

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9 . The annuity method of depreciation takes into account:

A Interest on capital invested

B Residual value

C Revaluation surplus

D Government grants

E None of the above

Correct Answer A

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10. In India GST is empowered under which article of the constitution

A Article 264D

B Article 246A

C Article 300B

D Article 272C

E None of the above

Correct Answer B

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11.Under which schedule of the Indian constitution is GST mentioned

A Schedule XI

B Schedule VII

C Schedule V

D Schedule IX

None of the above E

Correct Answer B

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12. The dual mode system under the GST regime implies

A Collection of tax monthly and annually

B CGST for goods and SGST for service

C Collection of tax by centre and state

D IGST for services and CGST for goods

E None of the above

Correct Answer C

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13.The Goods and service tax in India does not apply to

A Hotel and restaurants

B Electronic products

C Petrol and petroleum products

D Cloth and textile industry

E None of the above

Correct Answer C

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14.Under the GST regime tax is levied at multiple stages but collected once at

A Entry point

B Manufacturing stage

C Import/export stage

D Final point of consumption

E None of the above

Correct Answer D

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15.The composite supply scheme under GST implies

A Supply of unrelated goods

B Supply by multiple vendors

C Supply where items are natually bundled and supplied together

D Supply of taxable and non taxable together

E None of the above

Correct Answer C

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16. The IGST collection is shared between

A Centre and RBI

B Centre and importing state

C Centre and SEBI

D Centre and exporting state

E None of the above

Correct Answer B

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