Hello guys, As all of you know that In SSC Interview, Interviewer will try to see whether you have knowledge of the subject you studied during Graduation and Intermediate or not. My suggestion is that You should be well versed in your subjects otherwise It will give negative impact to the Interviewer that you are careless for what you do. So, Knowledge of basics of your subject is mandatory to score decent marks in Interview.
During my Interview Preparation, I tried to collect all the important commerce questions from my graduation books and Internet that were useful for the purpose of Interview. It will definitely help Commerce students during Interview.
100 COMMERCE CAPSULES
Commerce questions useful for interview(tried to cover up main topics)-
1. What is trial balance?
2. Give example of error which doesn't affect trial balance
3. Difference between cash flow and fund flow statement.
4. Accounting concept.accounting principal.
5. Balance sheet
6. Debt equity ratio
7. Stock turnover ratio /debtor turnover ratio
8. Financial statement
8.what is cost accounting?
9. Scientific management
10. Principal of management
11. Use of accounting in current scenario
12. Statement of affairs
13. Different between statement of affairs and balance sheet
14. Authorized share capital.subscribe d capital.issued capital. Called up capital.paid up capital .calls in arrears
15 what is prospectus?
16. What is debenture?
17. Difference between equity share and preference share
18. What is security?
19. What is commercial bank and central bank?how many banks are there?
20. Fiscal policy. Monetary policy difference between the two.
21. Stock exchange
22 . Demat account
23. What is SEBI?
24. What is capital receipts and capital expenditure?
25. Deferred revenue expenditure
26. Why profit and loss appropriation account is made?
27. What is gross profit and net profit?difference between the two?
28. What is depreciation and different methods
29. Is dividend reduce profit?
30. What is dividend
31. What is company
32. New comapany act
33. What is negotiable instruments?
34. What is bill of receivable?
35. What is contract accounting?
36. What is process accounting. where it is used?
37. What is joint venture?
38. What is consignment?
39. Difference between hire purchase system and Installment payment system
40. What is royalty. where it is used
41 difference between royalty and rent
42. Budget
43. Types of budget
44. FIFO. LIFO. HIFO.
45. Types of debenture
46. How to control black money
47. Relationship between demand and supply
48. Law of demand.exception of law of demand
49. Giffen goods
50. Law of diminishing marginal utility
51. What is elasticity of demand?
52. Break even point
53. Journal. ledger. Trial Balance.
54. What is auditing?
55. Black market
56. What is the reason of inflation
57. Inflation. deflation. recession.
58. Insolvency
59. Garner V/s Murray
60. What is Partnership deed?
61. What is convertible debenture?
62. Why capital is shown in liabilities side?
63. Why loss is shown in assets side if it is not adjusted in profit and loss account?
64. What is contract and essential element of contract.
65. 80C of Income tax act 1962.
66. Different heads of Income.
67. Why Mp salary is shown in income from other sources?
68. What is capital gain?
69. What is direct tax and indirect tax and difference .
70 . What is Vat and GST?
71. Income tax slab.
72. Assessment year and previous year.
73. Sez
74. Golden Rule of Accounts
75. Types of Accounts.
76. What is Financial Market? Different types of Financial market.
77. What is Treasury Bill?
78. What is IPO(Initial Public Offering)?
79. Different rights of Consumer under Consumer Protection Act, 1986.
80. What is Oligopoly?
81. What is Micro and Macro Economics ? Difference between them.
82. What is Right Share?
83. What is Drawing and Capital?
84. What is Accounting Standard?
85. What is Accounting Concept? What is Going Concern Concept?
86. What is Separate Entity Concept?
87. What is Consumer Equilibrium?
88. What is NABARD?
89. Difference between Public and Private Company?
90. Explain Fundamental Principal of Management given by Henry Foyal.
91. What is Vouching?
92. What is Fund Flow statement?
93. What is Cash Flow Statement?
94. What is Amalgamation?
95. Difference between Cumulative Preference Share and Non Cumulative Preference Share.
96. Difference Between Single entry and Double Entry System.
97. What is Joint Venture?
98.What is FDI?
99. What is FII? Difference between FDI and FII.
100. Difference between Current Assets and Fixed Assets.
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