SCDCC Bank Model Question Paper

SCDCC Bank Model Question Paper No. #3. Which section of the Factories Act, 1948 cover the annual leave with wages?
(A) Section 27
(B) Section 5
(C) Section 86
(D) Section 79

SCDCC Bank Model Question Paper No. #4.. Mangalore university is a
(A) Local authority
(B) Association of person
(C) Individual

D) None of the above

SCDCC Bank Model Question Paper No. #5. Typically profit is negative in which stage of the Product Life Cycle?
(A) Growth
(B) Maturity
(C) Introduction
(D)Decline.

SCDCC Bank Model Question Paper No. #6. As per the business entity assumption, the business is different from the
(A) Owners
(B) Banker
(C) Government
(D) Creditor

SCDCC Bank Model Question Paper No. #7. Allowance of MP/MLA is
(A) Exempted
(B) Free
(C) Taxable
(D) illegal

SCDCC Bank Model Question Paper No. #8. __________ is a costing method that assigns overhead and indirect costs to related
products and services.
(A) Activity Based Costing
(B) Marginal Costing
(C) Standard Costing
(D)Operating Costing

SCDCC Bank Model Question Paper No. #9. From the following calculate, Profit to be transferred to profit and loss account in case
of incomplete contract:
Contract Price : Rs.10,00,000
Notional Profit :Rs. 90,000
Work certified :Rs. 7,50,000
Cash received : Rs. 6,00,000
(A) Rs.60,000
(B) Rs.54,000
(C) Rs.48,000
(D) Rs.30,000

SCDCC Bank Model Question Paper No. #10. The ……………………… controls the cooperative banks that falls under the Banking regulation act of 1949.
a) Reserve Bank of India

b) NABARD
c) National Cooperative Union of India

d) None of the above

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