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Maths M.C.Q (1 Marks)

P-1 Financial Planning · Maharashtra Board STD 10 (MSBSHSE - English Medium). 37 questions.

Questions

M.C.Q (1 Marks)

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37 questions · 27 auto-graded MCQ + 10 self-marked written.

Question 11 Mark
Write the correct alternative for each of the following.
When a registered dealer sells goods to another registered dealer under GST, then this trading is termed as . . .
A. BB
B. B2B
C. BC
D. B2C
Answer
The trading when a dealer sells goods to another registered dealer under GST is termed as B2B.
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Question 21 Mark
Write the correct alternative for each of the following.
In the format of GSTIN there are . . . alpha-numerals.
A. 15
B. 10
C. 16
D. 9
Answer
GSTIN has 15 alpha numerals
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Question 31 Mark
Write the correct alternative for each of the following.
The rate of GST on stainless steel utensils is 18%, then the rate of State GST is . . .
A. 18%
B. 9%
C. 36%
D. 0.9%
Answer
According to Central board of Exercise and customs the rate of GST on stainless steels and utensils is 9%
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Question 41 Mark
Write the correct alternative for each of the following.
GST system was introduced in our country from . . .
A. 31st March 2017
B. 1st April 2017
C. 1st January 2017
D. 1st July 2017
Answer
GST system was introduced from 1st July 2017
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Question 51 Mark
Write the correct alternative for each of the following.
The tax levied by the central government for trading within state is . . .
A. IGST
B. CGST
C. SGST
D. UTGST
Answer
The tax levied by the central government for trading is Central Goods and Services Tax.
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Question 61 Mark
Write the correct alternative for each of the following.
Rate of GST on essential commodities is . . .
A. 5%
B. 12%
C. 0%
D. 18%
Answer
According to Central board of Exercise and customs the rate of GST on essential commodities is 0%
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MCQ 71 Mark
When trader collects GST at the time of sale, it is called ______ .
  • A
    CGST
  • ✓
    Output tax
  • C
    Input tax
  • D
    SGST
Answer
Correct option: B.
Output tax
Output tax
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MCQ 81 Mark
If $FV < MV$ the share is at _____ .
  • A
    discount
  • B
    par
  • ✓
    Premium
  • D
    None of these
Answer
Correct option: C.
Premium
Premium
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MCQ 91 Mark
In GST, all goods are classified by given numerical code called ____ code.
  • ✓
    HSN
  • B
    GSTIN
  • C
    SAC
  • D
    NAV
Answer
Correct option: A.
HSN
HSN
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MCQ 101 Mark
The rate of GST on mobile phone is $12 \%$ then the rate of central GST is ______ .
  • A
    $12 \%$
  • B
    $1.2 \%$
  • C
    $36 \%$
  • ✓
    $6 \%$
Answer
Correct option: D.
$6 \%$
$6 \%$
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MCQ 111 Mark
If the face value of share is ₹ 100 when market value was ₹ 80 . Company declared $30 \%$ dividend. The dividend per share is ______ .
  • A
    ₹ 24
  • ✓
    ₹ 30
  • C
    ₹ 300
  • D
    ₹ 150
Answer
Correct option: B.
₹ 30
₹ 30
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MCQ 121 Mark
If NAV of one unit is ₹ 35 then the number of units allotted for investment of ₹ 4270 is _______ .
  • A
    12
  • B
    200
  • C
    45
  • ✓
    122
Answer
Correct option: D.
122
122
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MCQ 131 Mark
If 75 shares of FV ₹ 100 each are purchased for MV ₹ 130 then the sum invested is _____.
  • ✓
    ₹ 9750
  • B
    ₹ 7500
  • C
    ₹ 13000
  • D
    ₹ 6000
Answer
Correct option: A.
₹ 9750
₹ 9750
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MCQ 141 Mark
If the face value of the share is ₹ 100 and market value is ₹ 150 . Rate if brokerage is $0.5 \%$. The buying price of 1 share is ______ .
  • A
    ₹ 149.25
  • B
    ₹ 99.5
  • ✓
    ₹ 150.75
  • D
    ₹ 100.5
Answer
Correct option: C.
₹ 150.75
₹ 150.75
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MCQ 171 Mark
To find the cost of one share at the time of buying the amount of Brokerage and GST is to be ______ MV of share.
  • ✓
    added to
  • B
    subtracted from
  • C
    Multiplied with
  • D
    divided by
Answer
Correct option: A.
added to
A
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MCQ 191 Mark
The NAV of a unit in mutual fund scheme is ₹ 10.65, then find the amount required to buy 500 such units.
  • ✓
    5325
  • B
    5235
  • C
    532500
  • D
    53250
Answer
Correct option: A.
5325
A
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MCQ 201 Mark
What is the amount of dividend received per share of face value ₹ 10 if dividend declared is 50%.
  • A
    ₹ 50
  • ✓
    ₹ 5
  • C
    ₹ 500
  • D
    ₹ 100
Answer
Correct option: B.
₹ 5
(B) ₹ 5
Dividend $=10 \times \frac{50}{100}=₹ 5$
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MCQ 211 Mark
If the Face Value of a share is ₹ 100 and Market value is ₹ 75, then which of the following statement is correct?
  • A
    The share is at premium of ₹ 175
  • ✓
    The share is at discount of ₹ 25
  • C
    The share is at premium of ₹ 25
  • D
    The share is at discount of ₹ 75
Answer
Correct option: B.
The share is at discount of ₹ 25
B
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MCQ 221 Mark
When a registered dealer sells goods to another registered dealer under GST, then this trading is termed as . . .
Answer
Correct option: B.
(B) B2B
The trading when a dealer sells goods to another registered dealer under GST is termed as B2B.
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MCQ 261 Mark
The tax levied by the central government for trading within state is . . .
Answer
Correct option: B.
(B) CGST
The tax levied by the central government for trading is Central Goods and Services Tax.
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MCQ 281 Mark
When trader collects GST at the time of sale, it is called ______ .
  • A
    CGST
  • ✓
    Output tax
  • C
    Input tax
  • D
    SGST
Answer
Correct option: B.
Output tax
B
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MCQ 301 Mark
The rate of GST on mobile phone is $12 \%$ then the rate of central GST is ______ .
  • A
    $12 \%$
  • B
    $1.2 \%$
  • C
    $36 \%$
  • ✓
    $6 \%$
Answer
Correct option: D.
$6 \%$
D
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MCQ 311 Mark
Rate of GST on Health care services is _______ .
  • A
    $5 \%$
  • ✓
    $0 \%$
  • C
    $12 \%$
  • D
    $18 \%$
Answer
Correct option: B.
$0 \%$
B
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MCQ 321 Mark
In GST, all goods are classified by given numerical code called ____ code.
  • ✓
    HSN
  • B
    GSTIN
  • C
    SAC
  • D
    NAV
Answer
Correct option: A.
HSN
A
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MCQ 331 Mark
If the face value of the share is ₹ 100 and market value is ₹ 150 . Rate if brokerage is $0.5 \%$. The buying price of 1 share is ______ .
  • A
    ₹ 149.25
  • B
    ₹ 99.5
  • ✓
    ₹ 150.75
  • D
    ₹ 100.5
Answer
Correct option: C.
₹ 150.75
C
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MCQ 341 Mark
If the face value of share is ₹ 100 when market value was ₹ 80 . Company declared $30 \%$ dividend. The dividend per share is ______ .
  • A
    ₹ 24
  • ✓
    ₹ 30
  • C
    ₹ 300
  • D
    ₹ 150
Answer
Correct option: B.
₹ 30
B
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MCQ 351 Mark
If NAV of one unit is ₹ 35 then the number of units allotted for investment of ₹ 4270 is _______ .
  • A
    12
  • B
    200
  • C
    45
  • ✓
    122
Answer
Correct option: D.
122
D
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MCQ 371 Mark
If 75 shares of FV ₹ 100 each are purchased for MV ₹ 130 then the sum invested is _____.
  • ✓
    ₹ 9750
  • B
    ₹ 7500
  • C
    ₹ 13000
  • D
    ₹ 6000
Answer
Correct option: A.
₹ 9750
A
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