Bcom Bachelor of Commerce Cheat Sheet 2026

The 30 highest-yield Bcom Bachelor of Commerce facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. Which theory of international trade argues that countries should export goods they can produce at a lower opportunity cost than their trading partners? → Comparative advantage theory
2. Which type of e-commerce fraud involves a buyer falsely claiming they did not receive an item to obtain a refund while keeping the product? → Friendly fraud (chargeback fraud)
3. The central bank levies interest at a rate known as __________ for rediscounting and providing advances. → Bank rate
4. Which goods are consumers likely to feel most at ease purchasing online? → all of the above
5. What is the 'reserve requirement' for commercial banks? → The fraction of deposits banks must keep on hand and not lend out
6. Farmers are guaranteed a minimum support price. → floor price
7. In supply chain management for e-commerce, 'just-in-time (JIT) inventory' aims to: → Receive goods only as they are needed for production or sale, minimizing holding costs
8. Which pricing strategy sets an initial low price to quickly attract a large customer base and gain market share? → Penetration pricing
9. Which of the following is NOT a required element for a valid contract? → Written form
10. Informed decision-making is aided by marketing research. → facilitator
11. The Weighted Average Cost of Capital (WACC) is defined as: → The weighted average of the after-tax costs of all capital sources
12. According to the Modigliani-Miller theorem in a world without taxes, firm value is: → Independent of the firm's capital structure
13. Government of the nation → tax
14. What is the 'debt-to-equity ratio' used to assess in banking? → The proportion of a firm's financing that comes from debt versus shareholder equity
15. Issue The cost is what the government charges for food grains. → to ration shops
16. To what market segment do eBay and Amazon.com belong? → b2cs
17. In property insurance, what does 'actual cash value' (ACV) mean? → Replacement cost minus depreciation
18. Which of the following is an example of a 'non-banking financial institution' (NBFI)? → An insurance company or pension fund
19. Which e-commerce business model involves a platform connecting freelancers or service providers directly with buyers, taking a commission per transaction? → Gig economy / service marketplace
20. The matching principle in accounting requires that: → Expenses be recognized in the same period as the revenues they help generate
21. What is 'adverse selection' in the insurance industry? → High-risk individuals being more likely to purchase insurance than low-risk individuals
22. Which of the following statements about the Indian healthcare industry is false? → inadequate insurance coverage
23. In banking, what is the 'prime rate'? → The benchmark rate banks use for loans to their most creditworthy customers
24. It does not relate to e-commerce → none of the above
25. Which type of data can only take specific, separate values (e.g., number of customers)? → Discrete data
26. Which type of audit opinion indicates that financial statements are fairly presented with no exceptions? → Unqualified (clean) opinion
27. What does 'CAMEL' stand for in bank examination ratings? → Capital, Assets, Management, Earnings, Liquidity
28. A trial balance that is in balance (debits = credits) guarantees that: → The total debits equal total credits in the ledger
29. When the cash available for competing liabilities of the same class is insufficient, pro-rata payment is applicable. → insufficient
30. What is the term for the reduction in the value of a tangible business asset over its useful life for tax purposes? → Depreciation