Download DUET Master 2018 DU MCom Question Paper With Answer Key

Download DUET (Delhi University Entrance Test conducted by the NTA) 2018 DU MCom Question Paper With Solution Key

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DUET Last 10 Years 2011-2021 Question Papers With Answer Key || Delhi University Entrance Test conducted by the NTA

Topic:- DU_J18_MCOM_Topic01

If the probability of A is 0.5 and the probability of B is 0.2 and the probability of the union of A and B is 0.7, then : [Question ID = 30693]
1. A and B are dependent [Option ID = 62766]
2. A and B are independent [Option ID = 62764]
3. A and B are mutually exclusive [Option ID = 62765]
4. A and B do have an intersection [Option ID = 62767]
Correct Answer :-

A and B are mutually exclusive [Option ID = 62765]

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If the quantity of the commodity demanded remains unchanged as its price changes, the coefficient of price elasticity of demand is [Question ID = 30672]
1. Equal to 1 [Option ID = 62681]
2. Zero [Option ID = 62683]
3. Greater than 1 [Option ID = 62680]
4. Smaller than 1 [Option ID = 62682]
Correct Answer :-
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Zero [Option ID = 62683]
If the demand function for an article is p=35-2x-x² and the demand X_o is 3, then consumer surplus will be [Question ID = 30700]
1. 57 [Option ID = 62795]
2. 47 [Option ID = 62794]
3. 37 [Option ID = 62792]
4. 27 [Option ID = 62793]
Correct Answer :-

27 [Option ID = 62793]
If the third moment about mean is zero then distribution is [Question ID = 30691]
1. Positively skewed [Option ID = 62756]
2. Mesokurtic [Option ID = 62758]
3. Negatively skewed [Option ID = 62757]
4. Symmetrical [Option ID = 62759]
Correct Answer :-

Symmetrical [Option ID = 62759]
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Which of the following statements is correct - [Question ID = 30686]
1. Mean is not affected by extreme values [Option ID = 62736]
2. Mode is affected by extreme values [Option ID = 62738]
3. None of these [Option ID = 62739]
4. Median divides the data into two equal parts [Option ID = 62737]
Correct Answer :-

Median divides the data into two equal parts [Option ID = 62737]
Which of the following are not true for a bank reconciliation statement
1. Part of double entry system
2. Not Part of double entry system
3. Sent by the firm to the bank
4. Posted to the ledger account
[Question ID = 30720]
1. (ii) (iii) and (iv) [Option ID = 62875]
2. (i) and (ii) [Option ID = 62874]
3. (i) (iii) and (iv) [Option ID = 62873]
4. (i) (ii) and (iv) [Option ID = 62872]
Correct Answer :-

(i) (iii) and (iv) [Option ID = 62873]
Which of the following is a trade deficit [Question ID = 30679]
1. Saving < investment [Option ID = 62710]
2. Exports < imports [Option ID = 62708]
3. Net exports < 0 [Option ID = 62709]
4. All of these [Option ID = 62711]
Correct Answer :-

All of these [Option ID = 62711]
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Which of the following changes would not shift the demand curve for a good or service? [Question ID = 30662]
1. a change in the price of the good or service [Option ID = 62641]
2. a change in the price of a related good or service. [Option ID = 62643]
3. a change in income [Option ID = 62640]
4. a change in expectations about the future price of the good or service [Option ID = 62642]
Correct Answer :-

a change in the price of the good or service [Option ID = 62641]
Which of the following is not a reason for an idle time variance? [Question ID = 30734]
1. Illness or injury to worker [Option ID = 62930]
2. Machine breakdown [Option ID = 62929]
3. Wage rate increase [Option ID = 62928]
4. Non-availability of material [Option ID = 62931]
Correct Answer :-

Wage rate increase [Option ID = 62928]

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Which of the following events would cause both the equilibrium price and equilibrium quantity of potatoes (assumed as an inferior good) to increase? [Question ID = 30663]
1. a decrease in the supply of potatoes [Option ID = 62645]
2. a decrease in the incomes of potatoes consumers [Option ID = 62646]
3. an increase in the incomes of potatoes consumers [Option ID = 62647]
4. an increase in the supply of potatoes [Option ID = 62644]
Correct Answer :-
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a decrease in the incomes of potatoes consumers [Option ID = 62646]
Which one of the following statement is not TRUE: [Question ID = 30742]
1. Decision making is part of Planning function [Option ID = 62961]
2. Strategy and Plan are one and the same thing [Option ID = 62960]
3. Strategic management leads towards achieving long term goals [Option ID = 62963]
4. Strategies focus on gaining competitive advantages [Option ID = 62962]
Correct Answer :-

Strategy and Plan are one and the same thing [Option ID = 62960]
Which probability distribution is most likely the appropriate one to use for calculating the probability of the number of autos passing through a tollbooth. [Question ID = 30694]
1. Poisson [Option ID = 62770]
2. Normal [Option ID = 62769]
3. Binomial [Option ID = 62768]
4. Insufficient information to decide [Option ID = 62771]
Correct Answer :-

Poisson [Option ID = 62770]
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Given the LM curve, a decrease in taxes shifts the IS curve [Question ID = 30680]
1. Towards right [Option ID = 62713]
2. Towards left [Option ID = 62712]
3. Any of these [Option ID = 62715]
4. Either towards left or right [Option ID = 62714]
Correct Answer :-

Towards right [Option ID = 62713]
The LAC curve is tangent to the lowest point on the SAC curve when the LAC curve is failing [Question ID = 30669]
1. Sometime [Option ID = 62670]
2. None of these [Option ID = 62671]
3. Always [Option ID = 62668]
4. Never [Option ID = 62669]
Correct Answer :-

Never [Option ID = 62669]

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In inferential statistics, we study [Question ID = 30688]
1. How to draw a sample from a population [Option ID = 62744]
2. How to make decisions about mean, median, or mode [Option ID = 62745]
3. All of these [Option ID = 62747]
4. The methods to make decisions about population based on sample results [Option ID = 62746]
Correct Answer :-
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The methods to make decisions about population based on sample results [Option ID = 62746]
Calculate the prime cost from the following information:
Direct material purchased: Rs. 1,00,000
Direct material consumed: Rs. 90,000
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Direct labour: Rs. 60,000
Direct expenses: Rs. 20,000
Manufacturing overheads: Rs. 30,000 [Question ID = 30723]
1. Rs. 2,00,000 [Option ID = 62885]
2. Rs. 2,10,000 [Option ID = 62887]
3. Rs. 1,80,000 [Option ID = 62884]
4. Rs. 1,70,000 [Option ID = 62886]
Correct Answer :-

Rs. 1,70,000 [Option ID = 62886]
Information concerning A Ltd.'s single product is as follows:
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Selling price - Rs. 6 per unit
Variable production cost - Rs. 1.20 per unit
Variable selling cost - Rs. 0.40 per unit
Fix production cost - Rs. 4 per unit
Fix selling cost - Rs. 0.80 per unit
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Budgeted production and sales for the year are 10,000 units
What is the company's breakeven point: [Question ID = 30731]
1. 10,909 units [Option ID = 62919]
2. 8,000 units [Option ID = 62916]
3. 10,000 units [Option ID = 62918]
4. 8,333 units [Option ID = 62917]
Correct Answer :-

10,909 units [Option ID = 62919]
The Balance of Sinking fund investment account after the realization of investment is transferred to [Question ID = 30718]
1. Profit and loss account [Option ID = 62866]
2. Debenture redemption fund account [Option ID = 62864]
3. Debenture account [Option ID = 62867]
4. Sinking fund account [Option ID = 62865]
Correct Answer :-

Sinking fund account [Option ID = 62865]

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Following information is available of XYZ Limited for quarter ended June, 2017:
Fixed cost Rs. 5,00,000
Variable cost Rs. 10 per unit
Selling price Rs. 15 per unit
Output level 1,50,000 units
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What will be the amount of profit earned during the quarter using the marginal costing technique? [Question ID = 30728]
1. Rs. 2,50,000 [Option ID = 62904]
2. Rs. 7,50,000 [Option ID = 62907]
3. Rs. 5,00,000 [Option ID = 62906]
4. Rs. 10,00,000 [Option ID = 62905]
Correct Answer :-
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Rs. 2,50,000 [Option ID = 62904]
The outflow of funds to acquire an asset that will benefit the business for more than one accounting period is referred to as [Question ID = 30717]
1. Capital Expenditure [Option ID = 62862]
2. Deferred Revenue Expenditure [Option ID = 62863]
3. Miscellaneous Expenditure [Option ID = 62860]
4. Revenue Expenditure [Option ID = 62861]
Correct Answer :-

Capital Expenditure [Option ID = 62862]
Unemployment rate is equal to [Question ID = 30677]
1. Any of these [Option ID = 62703]
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  Total population
  * 100
  Labour force
2. [Option ID = 62702]
  Number of unemployed
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  * 100
  Labour force
3. [Option ID = 62700]
  Labour force
  * 100
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  Adult population
4. [Option ID = 62701]
  Number of unemployed
  * 100
  Labour force
When demand for loanable funds is given, tax incentives for saving increase the supply of loanable funds, which in turn [Question ID = 30676]
1. Does not affect interest rate [Option ID = 62697]
2. Increases interest rate [Option ID = 62696]
3. Decreases interest rate [Option ID = 62698]
4. Any of the above [Option ID = 62699]
Correct Answer :-

Decreases interest rate [Option ID = 62698]
When the sales increase from Rs. 40,000 to Rs. 60,000 and profit increases by Rs. 5,000, the P/V ratio is [Question ID = 30730]
1. 25% [Option ID = 62914]
2. 20% [Option ID = 62912]
3. 30% [Option ID = 62913]
4. 40% [Option ID = 62915]
Correct Answer :-

25% [Option ID = 62914]

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Inter-office-adjustments (net) will appear in the balance sheet of a bank under [Question ID = 30715]
1. both other assets and other liabilities as contra [Option ID = 62855]
2. either other liabilities or other assets [Option ID = 62853]
3. other liabilities only [Option ID = 62852]
4. other assets only [Option ID = 62854]
Correct Answer :-
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other assets only [Option ID = 62854]
Apple and Banana are substitutes, Low snowfall in hill areas sharply reduces the apple harvest, that would [Question ID = 30665]
1. Increase consumer surplus in the market for apple and decrease producer surplus in the market for banana [Option ID = 62652]
2. Increase consumer surplus in the market for apple and increase producer surplus in the market for banana [Option ID = 62653]
3. Decrease consumer surplus in the market for apple and increase producer surplus in the market for banana [Option ID = 62654]
4. Decrease consumer surplus in the market for apple and decrease producer surplus in the market for tea. [Option ID = 62655]
Correct Answer :-

Decrease consumer surplus in the market for apple and increase producer surplus in the market for banana [Option ID = 62654]
On consolidation of Balance Sheet if the total of the fair value of assets acquired is less than the whole purchase consideration then the differences should be treated as [Question ID = 30713]
1. Profit on acquisition [Option ID = 62846]
2. Goodwill [Option ID = 62847]
3. Negative Goodwill [Option ID = 62845]
4. Loss on acquisition [Option ID = 62844]
Correct Answer :-

Goodwill [Option ID = 62847]
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Deglobalisation implies all of the following except: [Question ID = 30736]
1. Reducing interdependence in nation states [Option ID = 62936]
2. A borderless world [Option ID = 62939]
3. Non-integration of economic activities [Option ID = 62937]
4. Reduction in border trade [Option ID – 62938]
The task of administration of income tax lies with the: [Question ID = 30745]
1. Central Board of Indirect Taxes [Option ID = 62974]
2. Central Board of Direct Taxes [Option ID = 62973]
3. Central Board of Excise and Customs [Option ID = 62972]
4. Ministry of Commerce [Option ID = 62975]
Correct Answer :-

Central Board of Direct Taxes [Option ID = 62973]
The Government of India launched a campaign in the name of 'Make in India' in the year [Question ID = 30735]
1. 2017 [Option ID = 62935]
2. 2015 [Option ID = 62933]
3. 2016 [Option ID = 62934]
4. 2014 [Option ID = 62932]
Correct Answer :-

2014 [Option ID = 62932]

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A pattern of variation of a time series that repeats every year is called: [Question ID = 30696]
1. Cyclical [Option ID = 62776]
2. none of these [Option ID = 62779]
3. Secular [Option ID = 62778]
4. Seasonal [Option ID = 62777]
Correct Answer :-
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Seasonal [Option ID = 62777]
Scientific Management is closely related with: [Question ID = 30739]
1. Henry Ford [Option ID = 62950]
2. Henry Fayol [Option ID = 62948]
3. AH Maslow [Option ID = 62951]
4. Max Weber [Option ID = 62949]
Correct Answer :-

Henry Ford [Option ID = 62950]
Money stock M1 consists of [Question ID = 30678]
1. Demand deposit plus time deposit plus currency [Option ID = 62706]
2. Demand deposit plus saving deposit plus currency [Option ID = 62704]
3. Demand deposit plus traveler's cheque's plus currency [Option ID = 62705]
4. None of these [Option ID = 62707]
Correct Answer :-

Demand deposit plus traveler's cheque's plus currency [Option ID = 62705]
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In the long run when aggregate supply curve is horizontal an increase in the aggregate demand leads to [Question ID = 30675]
1. Any of the above [Option ID = 62695]
2. Shift in aggregate demand curve downward [Option ID = 62693]
3. Shift in aggregate demand curve upward [Option ID = 62692]
4. No change in aggregate demand curve [Option ID = 62694]
Correct Answer :-

Shift in aggregate demand curve upward [Option ID = 62692]
Division of labor relates to: [Question ID = 30743]
1. Distribution of work as per the ability of the worker [Option ID = 62966]
2. Distribution of work as per organizational needs [Option ID = 62965]
3. All of these [Option ID = 62967]
4. Equal pay for equal work [Option ID = 62964]
Correct Answer :-

Distribution of work as per the ability of the worker [Option ID = 62966]

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Under floating exchange rate regime a monetary expansion will result in [Question ID = 30682]
1. Increase in income and trade balance but decrease in exchange rate [Option ID = 62720]
2. Increase in income and exchange rate but decrease in trade balance [Option ID = 62722]
3. Increase in income but decrease in trade balance exchange rate [Option ID = 62723]
4. Decrease in income and trade balance but increase in exchange rate [Option ID = 62721]
Correct Answer :-
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Increase in income and trade balance but decrease in exchange rate [Option ID = 62720]
Glass ceiling relates to: [Question ID = 30740]
1. Equal pay for equal work [Option ID = 62952]
2. Discrimination based on caste [Option ID = 62955]
3. Whistle blowing [Option ID = 62953]
4. Career growth for females [Option ID = 62954]
Correct Answer :-

Career growth for females [Option ID = 62954]
Insurance commission received by the assesse is taxable under the head: [Question ID = 30750]
1. Capital gains [Option ID = 62994]
2. Salaries [Option ID = 62992]
3. Income from other sources [Option ID = 62995]
4. Profits and gains of business or profession [Option ID = 62993]
Correct Answer :-

Income from other sources [Option ID = 62995]
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In order to influence spending on goods and services in the short run, monetary policy is directed at directly influencing [Question ID = 30683]
1. Unemployment rates [Option ID = 62724]
2. Inflation rates [Option ID = 62725]
3. Economic growth rates [Option ID = 62727]
4. Interest rates [Option ID = 62726]
Correct Answer :-

Interest rates [Option ID = 62726]
If an accumulated provision for depreciation account is in use then the entries for the year's depreciation would be [Question ID = 30719]
1. Debit Assets Account, Credit Profit and Loss Account [Option ID = 62869]
2. None of these [Option ID = 62871]
3. Credit Provision for depreciation account, Debit Profit and loss Account [Option ID = 62870]
4. Credit Assets Account, Debit Provision for depreciation account [Option ID = 62868]
Correct Answer :-

Credit Provision for depreciation account, Debit Profit and loss Account [Option ID = 62870]

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A 3 percent increase in price of a good causes a 10 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good? [Question ID = 30664]
1. The good is a superior good [Option ID = 62649]
2. The good is a giffen good [Option ID = 62651]
3. There are many close substitutes for this good [Option ID = 62650]
4. The good is a necessity [Option ID - 62640]

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Gross Domestic Product at factor cost plus net property income from abroad minus capital consumption is equal to [Question ID = 30674]
1. Gross national product at factor cost [Option ID = 62689]
2. Gross domestic product at market price [Option ID = 62688]
3. Net national product at market price [Option ID = 62690]
4. Net national product at factor cost [Option ID = 62691]
Correct Answer :-
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Net national product at factor cost [Option ID = 62691]
Monica deposits money in a bank paying 16% interest rate compounded quarterly. If she wants to have Rs. 15,000 in her account after 5 years. How much should she deposit today? [Question ID = 30701]
1. Rs. 7777.77 [Option ID = 62798]
2. Rs. 8040.50 [Option ID = 62797]
3. Rs. 6500.00 [Option ID = 62799]
4. Rs. 6,845.80 [Option ID = 62796]
Correct Answer :-

Rs. 6,845.80 [Option ID = 62796]
The weights of students in a college is a [Question ID = 30687]
1. Continuous Variable [Option ID = 62741]
2. Discrete Variable [Option ID = 62740]
3. Qualitative Variable [Option ID = 62742]
4. Any of these [Option ID = 62743]
Correct Answer :-

Continuous Variable [Option ID = 62741]
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A production possibilities frontier shifts outward when [Question ID = 30660]
1. Government increases the amount of money in the economy [Option ID = 62635]
2. The economy experiences economic growth [Option ID = 62633]
3. The economy abandons inefficient production methods in favor of efficient production methods. [Option ID = 62634]
4. The desires of the economy's citizens change [Option ID = 62632]
Correct Answer :-

The economy experiences economic growth [Option ID = 62633]
In case of rising prices (inflation), FIFO method will: [Question ID = 30724]
1. provide highest value of closing stock and profit [Option ID = 62889]
2. provide highest value of closing stock but lowest value of profit [Option ID = 62890]
3. provide highest value of profit but lowest value of closing stock [Option ID = 62891]
4. provide lowest value of closing stock and profit [Option ID = 62888]
Correct Answer :-

provide highest value of closing stock and profit [Option ID = 62889]

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In which of the following cases, clubbing provisions would not be attracted under the income Tax Act? [Question ID = 30754]
1. Remuneration received by the spouse of an individual from a concern in which the individual is having substantial interest, and where the spouse has no professional knowledge. [Option ID = 63010]
2. Income of a minor child [Option ID = 63009]
3. Income from assets transferred to spouse for adequate consideration [Option ID = 63011]
4. Transfer of Income without transfer of asset [Option ID = 63008]
Correct Answer :-
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Income from assets transferred to spouse for adequate consideration [Option ID = 63011]
The threshold for deduction of tax at source on interest income for senior citizens has been raised in the Union Budget 2018 to: [Question ID = 30
This download link is referred from the post: DUET Last 10 Years 2011-2021 Question Papers With Answer Key || Delhi University Entrance Test conducted by the NTA

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This post was last modified on 29 January 2020

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