CSS Forums - View Single Post - commerce lecturer interview preparation SPSC

Muhammad Saleem Shaikh · #15 Monday, April 14, 2014

[QUOTE=shahid kalroo;713071]some common Questions..

Following questions are frequently asked from the candidates of Commerce:

1. Total Governor Generals of Pakistan:
Ans: 04 (Muhammad Ali Jinnah, Sir Khuwaja nazimuddin, Malik Ghulam Muhammad, and Iskandar Mirza)
2. All India Muslim League was formed on:
Ans: 30th November, 1906
3. Quaid-E-Azam Joined All India Muslim League on:
Ans: 1913
4. Surah Fatiha is called Fatiha because:
Ans: Fatiha meaning opening
5. Meaning of Islam:
Ans: Surrender, Submission, or Peace
6. Dua at the time of entering into Masjid:
Ans: اللَّهُمَّ افْتَحْ لِي أَبْوَابَ رَحْمَتِكَ
7. What is Jannat-Ul-Baqi:
Ans: Graveyard of Madina
8. Governor of SBP:
Ans: Mr. Ashraf Mahmood Wathra
9. Difference between Liability and Asset:
Ans: Asset is the economic resource of the business while liability is the amount which company / owner has to pay the supplier.
10. Debenture, difference between debenture and Share:
Ans: The main difference is "Debenture holder is a creditor of the company and cannot take part in the management of the company while a shareholder is the owner of the company. It is the basic distinction between a debenture and a share."
11. Business Organization:
Ans: Mainly Three types (Sole Proprietorship, Partnership and the company/organization)
12. Promissory Note:
Ans: A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
13. Bill of Exchange:
Ans: A non-interest-bearing written order used primarily in international trade that binds one party to pay a fixed sum of money to another party at a predetermined future date.
14. Types of Accounts:
Ans: Mainly three (Real , Personal and nominal)
15. Finance Minister of Sindh:
Ans: Murad Shah is Finance Advisor of CM Sindh, while the ministry of finance of Sindh is headed by chief Minister Qaim Ali Shah.
16. Finance Minister of Pakistan:
Ans: Ishaq Dar
17. Marketing Definition:
Ans: the action or business of promoting and selling products or services, including market research and advertising.
18. Authors of some marketing books:
Ans: philip Kotler, james h.mayers, Michael J. Etzel etc..
19. Basis of research are:
Ans:
20. Who are marketing Researchers:
Ans:
21. Primary and Secondary Data:
Ans: A data which collect first time through interviewing and questionnaire is called Primary data and A data which collect from already published in different books, magazines, websites etc is called secondary data.
22. Kinds of letters:
Business Letter, Sales Letter, Personal letter, Formal letters etc
23. Length of Indus River:
Ans; 3200 Kilo Meter
24. Land Area of Pakistan:
Ans: 796096 sq km
25. Income tax, VAT, GST
Ans: Income tax: A charge imposed by government on the annual gains of a person, corporation, or other taxable unit derived through work, business pursuits, investments, property dealings, and other sources determined in accordance with the Internal Revenue Code or state law.