Business Mathematics MCQ on Stocks and Shares
Business Mathematics MCQ on Stocks and Shares
Here you can get the MCQ on Stocks and Shares which is most important for 11th and 12th class commerce students.
Also You Can Read:
- MCQ on Profit and Loss
- MCQ on Partnership
- MCQ on Logarithms
- MCQ on Simple and Compound interest
- MCQ on Annuities
- MCQ on Discounting of Bills of exchange
- MCQ on Stocks and Shares
1. An instrument acknowledging the indebtedness is:
(a) Debenture
(b) Share
(c) Stock
(d) Dividend
Answer – (a) Debenture
2. A share in the share capital of a company is:
(a) Debenture
(b) Share
(c) Stock
(d) Dividend
Answer – (b) Share
3. A statutory body created by law to undertake some public enterprises is:
(a) Company
(b) Corporation
(c) Joint Venture
(d) Partnership
Answer – (b) Corporation
4. A unit of capital which is formed by consolidation or conversion of fully paid shares or securities into one instrument is:
(a) Debenture
(b) Share
(c) Stock
(d) Dividend
Answer – (c) Stock
5. A speculator who always anticipate raise in price and go on buying the instruments is:
(a) Bear
(b) Speculator
(c) Bull
(d) None of these
Answer – (c) Bull
6. The commission which is payable to the broker.
(a) Dividend
(b) Interest
(c) Stock
(d) Brokerage
Answer – (d) Brokerage
7. The commission which is payable to the broker for the guarantted sell of some
shares or securities is:
(a) Dividend
(b) Underwriting Commission
(c) Stock
(d) Brokerage
Answer -(b) Underwriting Commission
8.The paid up value of an instument issued is:
(a) Dividend value
(b) Share value
(c) Stock value
(d) Brokerage
Answer – (c) Stock value
9. The proportions of profit distributed to share holders according to their holdings is:
(a) Dividend value
(b) Share value
(c) Stock value
(d) Brokerage
Answer – (a) Dividend value
10. The percentage of earning per share to the investment value per share is:
(a) Dividend value
(b) Share value
(c) Stock value
(d) Yield rate
Answer – (d) Yield rate
11.Market value of ₹ 3,000 stock at ₹ 95 at 6 1/4% per annum is:
(a) ₹ 2800
(b) ₹ 2850
(c) ₹ 2750
(d) ₹ 2550
Answer – (b) ₹ 2850
12. How much stock 5% at 89 1/8 should be sold to get ₹ 2670, if the brokerage is 1/8:
(a) ₹ 3000
(b) ₹ 3200
(c) ₹ 3250
(d) ₹ 3500
Answer – (a) ₹ 3000
13. A man buys a stock of ₹ 5600 at 85 and sells it when its market value raises to 93. His gain is:
(a) ₹ 450
(b) ₹ 445
(c) ₹ 448
(d) ₹ 440
Answer – (c) ₹ 448
14. If annual income on 6% stock is ₹ 9,000 then value of stock is:
(a) ₹ 16,000
(b) ₹ 15,140
(c) ₹ 12,540
(d) ₹ 10,800
Answer – (a) 16,000
15. A 6% stock yields 8%. Then the market value of the stock is:
(a) ₹ 48
(b) ₹ 96
(c) ₹ 75
(d) ₹ 108
Answer – (c) 75
16. By investing ₹ 1620 in 8% stock. Mr. Z earns ₹ 135. The stock is then quoted at:
(a) ₹ 106
(b) ₹ 96
(c) ₹ 80
(d) ₹ 108
Answer – (b) ₹ 96
17. A company declares 7% dividend. If Mr. Ram has 77 shares of face value ₹ 10 each, then how much dividend will he get?
(a) ₹ 110
(b) ₹ 77
(c) ₹ 53.90
(d) ₹ 11.22
Answer – (c) ₹ 53.90
18. A 9% stock yields 8%. Then the market value of the stock is:
(a) ₹ 112.50
(b) ₹ 100
(c) ₹ 96.50
(d) ₹ 92
Answer – (a) 112.50
19. Mr. A buys ₹ 5000 stock at 96 and sells it when its price rises to 98. His gain is:
(a) ₹ 100
(b) ₹ 120
(c) ₹ 140
(d) ₹ 150
Answer – (a) ₹ 100
20. What would be the rate of interest obtained by investing in 4% stock at ₹ 80 is:
(a) 5%
(b) 6%
(c) 4.5%
(d) 6.5%
Answer – (a) 5%
