Classic Classic Quiz Finance and Accounting by Andrewt13 Andrewt13 8 played - 5 yrs ago QUIZ 10 QUESTIONS hard 1 Which of these ones is not a direct tax? Sales taxIncome taxEstate dutyWealth tax 2 Which certification indicates a guarantee of quality for agricultural food products like ghee, honey, etc.? ISIBISAgmarkHallmark 3 Profit can be generalized as : Revenue-expenseIncome-expenseInflow-outflowNone of these 4 Who was the first chairman of the Planning Commission? Dr. S RadhakrishnanMontek Singh AhluwaliaJawaharlal NehruMahatma Gandhi 5 Farm Credit and its regulation is dealt by : State GovernmentsNABARDRBIA special committee 6 Under the accrual method of accounting, expenses are recorded : When they are paidWhen they have incurredWhen they are recordedAs per discretion 7 In India, how can we measure inflation? Wholesale price index numberNational income deflationConsumer price indexRetail price index 8 Which of the following ones is the correct acronym for the rural employment scheme in India? MNREGAMGNREGAMGREGAMGNREA 9 Largest public bank in India : SBIICICIUnionFederal 10 Recognition of depreciation expense… Results in decrease of incomeDoes not increase income as it is not a true cash expenseReduces fluidityNone of these A mistake in this Quiz ? Contact the author Commentaires
