One Point Solution for All JKSSB Exams

1. Which Union Ministry formulated the draft national strategy for rural development and rural tourism?

Ministry of Rural Development

Ministry of Tourism

Ministry of Agriculture

Ministry of Home Affairs

General Awareness Accounts Assistant LAHDC

Correct Answer: B
Explanation

Ministry of Tourism

Correct Answered :

Wrong Answered :

2. Pahchan Initiative is an initiative of which of the following Ministries:

Ministry of Education

Ministry of Home Affairs

Ministry of Textiles

Ministry of Rural Dev., Panchayati Raj

General Awareness Accounts Assistant LAHDC

Correct Answer: C
Explanation

Ministry of Textiles

Correct Answered :

Wrong Answered :

3. Interest on capital in a business can be defined as:

Expense

Income

Liability

Asset

Accountancy and Book Keeping Accounts Assistant LAHDC

Correct Answer: A
Explanation

Expense

Correct Answered :

Wrong Answered :

4. The________ accounting system provides a system of checks and balances:

Single Entry

Financial Entry

Double Entry

Triple Entry

Accountancy and Book Keeping Accounts Assistant LAHDC

Correct Answer: C
Explanation

Double Entry

Correct Answered :

Wrong Answered :

5. Which of the following item will be shown on debit side of debtors account:

Discount received

Discount given

Discount allowed

Credit sales

Accountancy and Book Keeping Accounts Assistant LAHDC

Correct Answer: D
Explanation

Credit sales

Correct Answered :

Wrong Answered :

6. The Public Financial Management System (PFMS) is a web-based online software application developed and implemented by:

Niti Aayog

CGA

CAG

PFMA

PFMS Accounts Assistant LAHDC

Correct Answer: B
Explanation

CGA

Correct Answered :

Wrong Answered :

7. Which of the following account will be credited, if business bought goods on credit from Mr. X:

Purchases account

Mr. X Account

Cash account

Sales account

Accountancy and Book Keeping Accounts Assistant LAHDC

Correct Answer: B
Explanation

Mr. X Account

Correct Answered :

Wrong Answered :

8. Cash payments are recorded on the _________of the cash book:

Debit side

Credit side

Both sides

None of the Above

Accountancy and Book Keeping Accounts Assistant LAHDC

Correct Answer: B
Explanation

Credit side

Correct Answered :

Wrong Answered :

9. In the absence of partnership deed, partners are not entitled to receive:

Salaries

Commission

Interest on Capital

All of the above

Accountancy and Book Keeping Accounts Assistant LAHDC

Correct Answer: D
Explanation

All of the above

Correct Answered :

Wrong Answered :

10. The excess of the credit side of profit and loss account would indicate:

profit

net loss

loss

None of these

Accountancy and Book Keeping Accounts Assistant LAHDC

Correct Answer: A
Explanation

profit

Correct Answered :

Wrong Answered :

Accounts Assistant LAHDC Examination MCQs with solutions

1. Which Union Ministry formulated the draft national strategy for rural development and rural tourism?

2. Pahchan Initiative is an initiative of which of the following Ministries:

3. Interest on capital in a business can be defined as:

4. The________ accounting system provides a system of checks and balances:

5. Which of the following item will be shown on debit side of debtors account:

6. The Public Financial Management System (PFMS) is a web-based online software application developed and implemented by:

7. Which of the following account will be credited, if business bought goods on credit from Mr. X:

8. Cash payments are recorded on the _________of the cash book:

9. In the absence of partnership deed, partners are not entitled to receive:

10. The excess of the credit side of profit and loss account would indicate:

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