MCQs on Hire Purchase System, mcq on hire purchase system
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6- In the books of hire vendor, which account will be debited for hire sales ____
किराया विक्रेता की पुस्तकों में किराया बिक्री के लिए किस खातें से डेबिट किया जायेगा
A-Buyer
B-Hirer
C-Hire Vendor
D-Debtor
Ans- B - Hirer
7- Under hire purchase system, the retail price of articles is called ____
Hire Purchase System के तहत, वस्तुओं के खुदरा मूल्य को कहा जाता है
A-MRP
B-Wholesale Price
C-Retail Price
D-Cash Price
Ans- C- Retail Price
8-Under depreciation fund method depreciation is charged to ______
Depreciation fund method के तहत Depreciation charge की जाती है
A-P/L Account
B-Trading Account
C-B/S
D-P/L Appropriation Account
Ans-A- P/L Account
9- Under which method, a policy is taken for amount of the asset to be replaced__
किस System के तहत, Asset की Amount को बदलने के लिए एक policy ली जाती है
A-Annuity Method
B-Insurance Policy Method
C-Fixed installment method
D-Reducing balance method
Ans- B- Insurance Policy Method
10-Under Insurance Policy Method the premium is paid in the ___
Insurance Policy Method के तहत प्रीमियम का Payment ___ में किया जाता है
A-Beginning of each year
B-End of Each year
C-Beginning of each month
D-End of each month
Ans-A- Beginning of each year
11-Under Hire Purchase System, the agreement can be ___
Hire Purchase System के तहत समझौता _____ हो सकता है
A-renewed
B-Registered
C-Terminated
D-Endorsed
Ans- C- Terminated
12-Under Hire Purchase System the relationship of hirer and hire vendor is ____
हायर परचेज सिस्टम के तहत हायर और हायर वेंडर का संबंध ____ है
A-Buyer and Seller
B-Bailor and Bailee
C-Pawner and Pawnee
D-Debtor and Creditor
Ans-Bailor and Bailee
13-Depreciation method is also called __
A- Annuity Method
B-Insurance Policy Method
C-Output Method
D-Reducing Balance Method
Ans- C - Output Method
14-An agreement of hiring with option to buy is ___
A-Installment System
B-Credit System
C-Hire Purchase System
D-Cash System
Ans- C- Hire Purchase System
15-An agreement of sale is made under __
A-Installment System
B-Credit System
C-Hire Purchase System
D-Cash System
Ans -A- Installment system
16- Under Hire Purchase System, the risk of loss is born by ---
A-Buyer
B-Hirer
C-Hire Vendor
D-Debtor
Ans-C- Hire Vendor
17-Under which system ownership is transferred on signing of the agreement
A-Installment System
B-Credit System
C-Hire Purchase System
D-Cash System
Ans - A- Installment System
18-Under Hire Purchase System the buyer is called ___
A-Buyer
B-Hirer
C-Hire Vendor
D-Debtor
Ans-Hirer
19-Under Hire Purchase System the seller is called ___
A-Buyer
B-Hirer
C-Hire Vendor
D-Debtor
Ans - Hire Vendor
20- Under Hire Purchase System the relationship of hirer and hire vendor is__
A-Buyer and seller
B-Bailor and bailee
C-Pawner and Pawnee
D- Debtor and Creditor
Ans -B- Bailor and Bailee
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