BCOM/BCOM(Hons) Entrance PYQ Asked In 2021

1.KYC means
Ans: Know Your Customer

2.closing stock is valued on
Ans: cost price or market price whichever term is less

3.full form of univac
Ans: Universal Automatic Computer

4.standard deviation is calculated on the basis of
Ans:Mean
(The standard deviation is calculated as the square root of variance by determining each data point’s deviation relative to the mean. If the data points are further from the mean, there is a higher deviation within the data set; thus, the more spread out the data, the higher the standard deviation)

5.the first computer program using which language
Ans:FORTRAN

6.which of the following is a primary storage device
Ans: RAM is used as a primary storage device.

7.who is the author of the general theory of interest employment and price aggregates are studied in
Ans: John Maynard Keynes

8.which of the following studies general price level
a Microeconomics
b Macroeconomics
c Both a and b
d None of the above

Ans: b

9.LIC full form

Ans:Life Insurance Corporation of India

10.Henry fayol laid down how many principle
Ans: 14 Principles of Management – helped to form what became known as Administrative Theory.

11.SAARC was founded in
Ans: 8 December 1985, Dhaka, Bangladesh
Full Form: South Asian Association for Regional Cooperation (SAARC)

12.deposit interest rate in cooperative credit society is fixed by
Ans: There are several co-operative banks that offer competitive interest rates on Fixed Deposits. The interest rate from different banks ranges from 5.10% p.a. to 7.00% p.a. for regular citizens with senior citizens getting up to 0.60% higher interest rate. Co-operative banks offer a wide range of financial services and products, including fixed deposits.

13.debit the receiver credit the giver is a rule of which account
Ans: Personal accounts

14.bill receivable is which type of account
Ans: Personal Accounts

15.ethernet uses which topology
Ans: Bus Topology

16.floppy disk contains
Ans: A floppy disk contains Both circular tracks and sector.
A floppy disk, also called a floppy, diskette, or just disk, is a type of disk storage composed of a disk of thin and flexible magnetic storagemedium, sealed in a rectangular plastic enclosure lined with fabric that removes dust particles.

17.what is the transfer speed in lan make a
Ans: LAN Data Rate Units
There is standard 100 Mbps ethernet, which is what most people have at home. 100 Mbps is 100 megabits per second. That is translated into 12.5 megabytes per second (MBps or MB/s).

18.study of man’s action the ordinary business of life who said this
Ans: British economist Alfred Marshall defined economics as the study of man in the ordinary business of life. Marshall argued that the subject was both the study of wealth and the study of mankind.

19.what is the formula for calculating marginal utility
Ans: Formula for marginal utility = change in total utility divided by the change in total units consumed

20.compound interest is always – than simple interes
Ans: Compound interest is always greater than or equal to simple interest.

GST was introduced in India with effect from
a) 1.1.2017
b) 1.4.2017
c) 1.1.2018
d) 1.7.2017

Ans: d

  1. What is the full form of GST?
    A) Goods and Supply Tax
    B) Goods and Services Tax
    C) General Sales Tax
    D) Government Sales Tax

Ans: B

  1. GST is a consumption of goods and service tax based on
    A) Development
    B) Dividend
    C) Destiny
    D) Destination

Answer: D

Ques. GST Number contain How many Digit

Ans: 15 Digit
Here is a format break-down of the GSTIN:

The first two digits represent the state code as per Indian Census 2011. Every state has a unique code. For instance,
State code of Karnataka is 29
State code of Delhi is 07
The next ten digits will be the PAN number of the taxpayer
The thirteenth digit will be assigned based on the number of registration within a state
The fourteenth digit will be “Z” by default
The last digit will be for check code. It may be an alphabet or a number.

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