sssihl.edu.in Admissions Test Commerce Model Question Paper : Sri Sathya Sai Institute of Higher Learning

Name of the Organisation : Sri Sathya Sai Institute of Higher Learning
Exam : SSSIHL Admissions Test Question Paper
Degree : Undergraduate Programme
Subject : Commerce
Document Type : Model Question Paper
Website : https://www.sssihl.edu.in/
Download Model Question Paper :https://www.pdfquestion.in/uploads/25082-Commerce.pdf

SSSIHL Admissions Test Commerce Question Paper

** Click on any of the Above links to download the Commerce Question Paper. You will be able to view and save the file in PDF format on your computer.

Related : SSSIHL Admissions Test Accountancy Model Question Paper : www.pdfquestion.in/25078.html

Important Instructions

** SHADE the correct Response viz., A, B, C, D or E in the RESPONSE SHEET. Each Question carry ONE mark.
1) Please write/shade Question Paper Code in the box provided in the Essay Sheet and in the Response Sheet.
2) Please do not write on the Question Paper booklet. Blank sheets will be provided on request for rough work.
3) Please NOTE that an incorrect response will attract negative marking.

Sample Questions

Questions: 40
Time : 40 Minutes
Max. Marks 40 x 1 : 40

1) According to the Companies Act, 1956, a private company must have at least
A) Seven directors
B) Three directors
C) Four Directors
D) Two directors
E) One director

2) Which of the following statements about e-business is TRUE?
A) High set up cost
B) Indirect connection with suppliers & customers
C) Long business process cycle
D) Limited geographical functioning area
E) Flat organizational structure

3) Any company incorporated outside India but has set up a business place in India is known as
A) Foreign Branch
B) Foreign Government company
C) Foreign public Company
D) Foreign company
E) Foreign Private company

4) Which of the following is an example of intellectual property?
A) Trademarks
B) Avionics
C) Computer hardware
D) Textiles
E) Electronics equipment

5) Who is authorized to issue coin in India
A) Reserve Bank of India
B) Ministry of Finance
C) State Bank of India
D) Bombay Stock Exchange
E) President of India

6) When does a state have a negative balance of trade?
A) When it pursues a policy of autarky
B) When its exports are greater than its imports
C) When its tariffs are greater than its revenues
D) When its imports are greater than its exports
E) When it loses a WTO ruling

7) Middle level managers require the greatest amount of
A) Technical skill
B) Human skill
C) Conceptual skill
D) Mechanical skill
E) Informational skill

8) One of the following is NOT Fayol’s Principle of Management. Identify it.
A) Unity of Command
B) Unity of Direction
C) Globalised Division
D) Principle of Scalar Chain
E) Principle of Equity

9) One of the following is NOT a feature of equity share. Identify it.
A) Equities are Long term securities
B) Equities pay dividend which may vary from year to year
C) Equities give ownership rights in the business of the issuer
D) Equities are to be redeemed within 10 years of its issue
E) Equity share holders can participate in the management of the company

10) Social responsibility of business implies that business be run
A) By socially responsible people
B) On non profit motive
C) For the benefit of socially underprivileged
D) For both profit and social benefits
E) On altruistic lines

11) The form of organization known for giving rise to rumors is called
A) Decentralised organization
B) Centralised organization
C) Informal organization
D) Formal organization
E) Deparmentalised organization

12) An assembly line is an example of a
A) Product focused process
B) Customized process
C) Repetitive process
D) Specialized process
E) Intermittent process

13) When a life insurance policy holder surrenders his policy before its maturity he will get the
A) sum assured on the maturity date
B) Surrender value on the maturity date
C) surrender value on the surrender date
D) sum assured on surrender date
E) surrender value as annuity over the remaining period

14) Which of the following statements is FALSE?
A) Listing of securities in a stock exchange widens the market for such securities
B) Unlisted securities cannot be sold in stock exchange
C) Stock exchanges buy and sell securities
D) Listed securities get a good credit rating
E) Stock exchanges give timely signals of economic conditions of a country

15) Tax levied on imported goods is known as
A) Purchases Tax
B) Customs Duty
C) Excise Duty
D) Cess
E) Corporation Tax