BIZ INTELLECT QUIZ

Who among the following is the Chairperson of the Goods and Services Tax Council?

• The Prime Minister of India

• The Union Finance Minister

• The Speaker of the Lok Sabha

• The President of India

Which organization carries out the survey for determining the poverty line?

• NSSO

• Niti Ayog

• RBI

• None of the above

Appointment of a Company Secretary is made by

• Promoters

• Board of directors

• Debenture holders

• Goverment

Which is the oldest form of organisation ?

• Line

• Line and staff

• Functional

• Matrix

Standard costing is a technique of–

• Planning

• Organising

• Coordination

• Control

Liability of a Company Secretary is

• Contractual Only

• Statutory Only

• Civil Only

• Both contractual and statutory

According to ownership, Government Company means ……… share

• Whose paid-up share capital’s 48%, shares are owned by Government

• Whose paid-up share capital’s 51% shares are owned by Government

• Whose paid-up share capital’s 50% shares are owned by Government

• Whose paid-up share capital’s 49% shares are owned by Government

Discount on Issue of Shares A/c is shown at the–

• Debit side of P & L A/c

• Assets side of B/S

• Liabilities side of B/S

• None of the above

Realised value of assets Rs. 60,000

Profit on Realisation Rs. 3,000

Book value of assets will be–

• Rs. 63,000

• Rs. 57,000

• Rs. 60,000

• Rs. 61,500

Private equity investors invest in a company based mainly on–

• the creditability and the valuation of the company

• the age of the company

• the location of the company

• the activity undertaken by the company