Question

5 Choose the correct statements relating to the Stock Exchange Market:
(D)None of the above
b) Stock Exchange Market is a market where listed securities are traded.
(i) It is an association, organization or body of individuals.
(iii) It is established for regulating and controlling business in buying, selling and dealing in securities.
(A)Only ( )
(B)Only (ii) and (iii)
(C)Only (iii)
6 Stock Market act as broker to serve as a link between the .....
(DAI (1), (ii) and (ü)
(A)Buyer and Government
(B)Buyer and SEBI
(C)Buyer and Seller
(D)None of the above
7 Which of the following accounts is consisted in the final account of Electricity Company?
O Revenue Account
(m) Net Revenue Account
(ii) Capital Account
(iv) Balance Sheet
(A)Only and (iv)
(B)Only (i), (ii) an (iv)
(C)Only (ii) and (iv)
(D)All (),(u), (i) and (iv)
8 Debit side of the Capital Account of the Electricity Company shows....
(A)Capital Expenditure
(B)Revenue Expenditure
(C)Capital Receipts
(D)None of the above
9 Credit side of the Capital Account of the Electricity Company shows....
(A) Capital Expenditure
(B)Revenue Expenditure
(C)Capital Receipts
(D)None of the above
10 Fixed Assets of Electricity Company is shown on...
(A)Debit Side of Capital Account (B)Credit Side of Capital Account (C)Debit Side of Revenue Account (D)None of the above
11 'Debentures' of Electricity Company is shown on...
(A)Debit side of Capital Account (B)Credit side of Capital Account (C)Liability side of Balance Sheet (D)None of the above
12 The final accounts of the Electricity Companies are prepared according to....
(A)Ordinary Account System
(B)Double Account System
(C)Both Ordinary and Double Account (D)None of the above
system
13 A person is called as an Insolvent
more assets cyceeds liabilities
(B)Whose Liabilities exceeds Assets
(C)Whose Liabilities are equal to Assets (D)None of these​

Answer 1

Answer:

buyer and seller

both ordinary and double account