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TN TET Exam  >  TN TET Tests  >  TN TRB PG Assistant Mock Test Series 2025  >  TN TRB PG Assistant Commerce Mock Test - 3 - TN TET MCQ

TN TRB PG Assistant Commerce Mock Test - 3 - TN TET MCQ


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30 Questions MCQ Test TN TRB PG Assistant Mock Test Series 2025 - TN TRB PG Assistant Commerce Mock Test - 3

TN TRB PG Assistant Commerce Mock Test - 3 for TN TET 2025 is part of TN TRB PG Assistant Mock Test Series 2025 preparation. The TN TRB PG Assistant Commerce Mock Test - 3 questions and answers have been prepared according to the TN TET exam syllabus.The TN TRB PG Assistant Commerce Mock Test - 3 MCQs are made for TN TET 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for TN TRB PG Assistant Commerce Mock Test - 3 below.
Solutions of TN TRB PG Assistant Commerce Mock Test - 3 questions in English are available as part of our TN TRB PG Assistant Mock Test Series 2025 for TN TET & TN TRB PG Assistant Commerce Mock Test - 3 solutions in Hindi for TN TRB PG Assistant Mock Test Series 2025 course. Download more important topics, notes, lectures and mock test series for TN TET Exam by signing up for free. Attempt TN TRB PG Assistant Commerce Mock Test - 3 | 150 questions in 180 minutes | Mock test for TN TET preparation | Free important questions MCQ to study TN TRB PG Assistant Mock Test Series 2025 for TN TET Exam | Download free PDF with solutions
TN TRB PG Assistant Commerce Mock Test - 3 - Question 1
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What is the main focus of motivation as an element of directing?

Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 1

Motivation in directing is about stimulating employees to act towards achieving the desired goals of the organization.

TN TRB PG Assistant Commerce Mock Test - 3 - Question 2
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S, a seller of imitation jewellery, sells his business to B and promises, not to carry on business in imitation jewellery and real jewellery. The agreement is: 

Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 2

To determine the validity of the agreement between S (seller) and B (buyer), we need to analyze the terms of the agreement and the legal principles related to it.
1. Nature of the Agreement:
The agreement is a non-compete agreement, where S promises not to carry on business in both imitation jewellery and real jewellery after selling his business to B.
2. Validity of the Agreement:
The validity of the agreement depends on the scope and enforceability of the restrictions imposed on S.
3. Validity with regard to Imitation Jewellery:
- The agreement is valid and enforceable with regard to imitation jewellery as it falls within the scope of the agreement.
- S is prohibited from carrying on a business in imitation jewellery, and if he engages in such business, B can take legal action against him.
4. Void as regards Real Jewellery:
- The agreement is void with regard to real jewellery as it exceeds the scope of the agreement.
- S is not prohibited from carrying on a business in real jewellery, and B cannot take legal action against him for engaging in such business.
5. Conclusion:
Based on the analysis, the correct answer is B: Valid with regard to imitation jewellery and void as regards real jewellery.
Summary:
The agreement between S and B is valid in terms of imitation jewellery but void regarding real jewellery. S is bound by the non-compete agreement for imitation jewellery but is free to carry on a business in real jewellery.
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TN TRB PG Assistant Commerce Mock Test - 3 - Question 3
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A agrees B to sell 10 tonnes of wheat when the crop is harvested. It is…. 

Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 3

To solve this problem, we need to understand the terms mentioned in the question and determine the correct answer.
Terms:
- A: Refers to the party who agrees to sell.
- B: Refers to the party who agrees to buy.
- 10 tonnes of wheat: Specifies the quantity of wheat being sold.
- Crop: Refers to the harvest of the wheat.
Given:
A agrees B to sell 10 tonnes of wheat when the crop is harvested.
Analysis:
- A agrees B to sell indicates that A is the seller and B is the buyer.
- The agreement is made for the sale of 10 tonnes of wheat.
- The sale will take place when the crop is harvested.

Based on the given information and analysis, the correct answer is (b) An agreement to sell. This is because the statement describes an agreement between A and B to sell the wheat, rather than an actual sale taking place. The sale will occur when the crop is harvested, but at this point, it is an agreement or arrangement for the future sale.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 4
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The juristic concept of contract consists of:
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 4

The juristic concept of contract comprises two constituent elements—'obligation' and 'agreement'. Obligation means a legal tie, which imposes upon a determinate person or persons, the necessity of doing, or abstaining from doing, a definite act or acts.

TN TRB PG Assistant Commerce Mock Test - 3 - Question 5
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The unpaid seller is not required to inform the buyer in case he resells the goods but the goods must be: 
TN TRB PG Assistant Commerce Mock Test - 3 - Question 6
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Which personal factor can influence an individual's buying decisions based on their job designation and nature of work?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 6
Occupation plays a significant role in influencing consumer behavior. An individual's job designation and nature of work can determine their preferences for products and brands. For example, professionals in high-status positions might opt for premium brands to maintain their image, while those with different occupations might prioritize different types of products.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 7
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How does industrial democracy contribute to reducing industrial disputes?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 7
Industrial democracy involves sharing decision-making, leading to better communication and understanding between management and workers, which reduces disputes.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 8
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What is the primary objective of auditing?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 8
The primary objective of auditing was originally focused on detecting and preventing errors and frauds in accounting records. However, as auditing evolved, its objective shifted to verifying whether financial statements provide a true and fair view of a company's financial position.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 9
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Which method of depreciation charges a fixed amount of depreciation every year?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 9
The Straight Line Method charges a fixed amount of depreciation every year throughout the estimated life of the asset. This method is simpler to calculate and provides uniform depreciation over time.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 10
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One of the primary duties of the IRDAI is to protect ________ from unfair practices in the insurance industry.
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 10
The IRDAI’s primary duty is to protect policyholders by ensuring fair practices, transparency, and accountability in the insurance sector.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 11
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Q  Every fixed asset loses its value due to use or other reasons. This decline in the value of asset is known as
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 11

The fixed assets are long-term assets. They help in the production of goods and services. However, when an asset is in use its value decreases due to the normal wear and tear, efflux of time and obsolescence. This reduction in the value of a fixed asset is known as depreciation.

TN TRB PG Assistant Commerce Mock Test - 3 - Question 12
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Which factor influences the capitalization factor in the Capitalizing Past Earnings approach?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 12
The capitalization factor in the Capitalizing Past Earnings approach reflects the rate of return a reasonable purchaser would expect on the investment and the risk that expected earnings will not be achieved. It's influenced by factors like market reputation, which impacts the perceived risk and expected returns of the investment.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 13
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When can shares be issued at a discount?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 13
Shares can be issued at a discount only when authorized by a special resolution passed by the company in a general meeting. The maximum allowable discount is 10% of the nominal value of the shares.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 14
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What is the main objective of pro-rata allotment of shares?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 14
The main objective of pro-rata allotment is to treat all applicants equally by distributing shares proportionately among them. This approach ensures fairness and equal treatment for all applicants.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 15
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What type of dividend does not involve the payment of cash to shareholders?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 15
A stock dividend involves issuing additional shares of the company's stock to existing shareholders, instead of paying cash dividends.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 16
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What is one limitation of the piece wage system?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 16

One limitation of the piece wage system is that workers may prioritize quantity over quality. Since their wages are directly linked to the number of units produced, they may be less concerned about the quality of the goods or products they are producing. This can result in a decrease in the overall quality of the output.

TN TRB PG Assistant Commerce Mock Test - 3 - Question 17
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What is the function of financial control in a business?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 17
Financial control is an important function of a financial manager. It involves evaluating the financial performance of a business. This evaluation is done by analyzing various financial measures and ratios, such as return on investment (ROI), profitability, liquidity, and cost control. Through financial control, the manager can assess the effectiveness of financial strategies and make necessary adjustments to ensure the company's financial health and success.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 18
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What is the difference between financial structure and capital structure?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 18
The main difference between financial structure and capital structure is that financial structure refers to the composition of a firm's financing, including both long-term and short-term sources, while capital structure refers to the relationship between the various long-term source financing. Financial structure is important in determining the value of the firm, as it includes all sources of capital, while capital structure consists of only long-term debt and equity.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 19
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What happens if a firm fails to earn return at the expected rate?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 19
If a firm fails to earn return at the expected rate, the market value of the shares will fall. This can result in a reduction in the overall wealth of the shareholders.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 20
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Which type of preference shares gives shareholders the right to claim dividends for unprofitable years in the future?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 20
Cumulative preference shares allow shareholders to claim dividends for years in which the company does not earn profits. If the company earns profits in the future, these shareholders can receive the accumulated dividends from previous unprofitable years.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 21
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What are the key assumptions underlying Modigliani and Miller's approach to dividend irrelevance?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 21
Modigliani and Miller's approach to dividend irrelevance is based on the assumptions of a perfect capital market, rational investors, and the absence of taxes. These assumptions form the basis of their argument that dividend policy doesn't affect the value of the firm.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 22
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What is the primary purpose of statistics in commerce?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 22
Statistics helps analyze and interpret data to make informed business decisions, such as forecasting sales or evaluating performance.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 23
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The scope of taxable income for a Resident and Ordinarily Resident individual includes:
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 23
A Resident and Ordinarily Resident (ROR) individual is taxed on their global income, including income earned in India and abroad, under the Income Tax Act.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 24
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What is the primary role of a certified valuation expert in business valuation?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 24
The primary role of a certified valuation expert in business valuation is to perform a comprehensive financial analysis. This includes assessing various factors that contribute to the business's value, providing insights into its strengths and weaknesses, and determining its fair market value based on established valuation methodologies.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 25
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The ________ is a record of all economic transactions between a country and the rest of the world over a specific period.
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 25
The Balance of Payments (BOP) records all economic transactions, including trade, capital flows, and transfers, between a country and the world.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 26
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The _______ teaching level focuses on critical thinking, problem-solving, and applying knowledge to new situations.
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 26
The Reflective teaching level emphasizes higher-order thinking skills, such as critical analysis, problem-solving, and applying knowledge creatively.

Statement-Based MCQs
TN TRB PG Assistant Commerce Mock Test - 3 - Question 27
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Statement (A): Paulo Freire’s concept of critical pedagogy emphasizes education as a tool for social change and empowerment.
Statement (B): It promotes rote learning to maintain existing social structures.
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 27
Statement A is true as Paulo Freire’s critical pedagogy views education as a means for social change and empowerment. Statement B is false because critical pedagogy opposes rote learning and aims to challenge existing social structures.

Multiple Choice Questions
TN TRB PG Assistant Commerce Mock Test - 3 - Question 28
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Transfer of learning refers to:
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 28
Transfer of learning involves applying knowledge or skills learned in one context to new or different situations, enhancing learning efficiency.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 29
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The _______ temple in Tamil Nadu is a UNESCO World Heritage Site and an example of Chola dynasty architecture.
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 29
The Brihadeeswarar Temple in Thanjavur, built by the Chola dynasty, is a UNESCO World Heritage Site known for its grand Dravidian architecture.
TN TRB PG Assistant Commerce Mock Test - 3 - Question 30
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What is the volume of a cylinder with 10 meters of diameter and 7 meters of height?
Detailed Solution for TN TRB PG Assistant Commerce Mock Test - 3 - Question 30


Volume of the cylinder = πr2h

Hence, Option B is correct.

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