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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

This post was last modified on 29 January 2020

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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
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This post was last modified on 29 January 2020