Sr. Choices Business & Commerce Question 1 Business means ________. A. Commerce B. Industry and commerce 2 Which of the following is not an economic activity? A. A doctor practicing B. A lawyer practicing law 3 Which of the following is an extractive industry? 4 Which of the following is not a manufacturing industry? A. Cattle breeding A. Iron and steel works B. Forest cultivation B. Flour Mills A. Create a customer B. Maximize profits A. Individual proprietorship B. Partnership 5 A valid definition of a business purpose is to ______. 6 Sole-trade organization is also called as ______. 7 Who is dormant partner? 8 In case of minor acting as a partner, his personal properties are ________. 9 When a partnership is dissolved? 10 The liability of a sole proprietor is _______. 11 The maximum number of partners in a firm carrying on banking business is_________. 12 The agreement of partnership _______. A. One who takes no active B. A working partner part in business A. Liable for the debts of B. Not liable for the debts the firm of the firm A. In any case of death of B. By mutual consent any of the partner A. limited up to the amount of his capital in the business 14 A partner in a firm _______. A. cannot transfer his share to an outsider 16 A nominal partner is ______. D. Selling and buying of goods C. A professional cricketer D. A student playing cricket playing cricket C. Hunting D. Flour mills C. Fruit canning D. Mining D. Increase the wealth of C. Serve the society the firm C. Joint stock company D. Co-operative society C. Partner for profits D. Minor partner C. Partly liable for the D. Only debts of the firm debts of the firm C. By insolvency of any of D. All of above the partner C. Limited to the extent of A. Limited to the extent of B. Limited to the extent of the value of business D. Limited value of the his capital invested in the the value of business assets and his all private business assets business assets assets A. 7 B. 10 C. 50 D. 20 C. Can be either oral or in D. Must be in writing on a A. Must be oral B. Must be in writing writing stamp paper 13 Liability of partners in respect of the firms debts is _______. 15 A manager with a share in the profits ______. C. Trade and commerce B. Unlimited C. limited up to the D. limited up the amount amount of guarantee given of his capital and loan to by the partner the firm if any B. can transfer his share to C. can transfer his share to D. can transfer his share to an outsider with the an outsider without the an outsider with the consent of majority consent of any other consent of all other partners partners partners A. is only a servant of the B. becomes a partner by C. becomes a partner by D. becomes a partner from firm the operation of law implied agreement status B. entitled to equal share in A. not entitled to share the the profits unless there is C. not liable for the acts of D. not able to third parties profits of the concern an agreement to any other other partners profit sharing ratio 17 The minimum number of members in a private limited company is _________. 18 A Joint stock company is governed by _______. A. 2 A. Companies Act 2006 B. 3 B. Companies Act 1936 C. 7 C. Companies Act 2012 D. 10 D. Companies Act 2013 19 Memorandum of association of a firm contains _______. A. rules regarding the internal management of the company B. rules regarding the constitution and activities of the company C. rules regarding the external management D. rules regarding the constitution 20 The liability of shareholders of a public company is limited to the _________. A. nominal value of shares B. extent of their private assets C. paid up value of shares D. accounts called up 21 A Government company is one in which ________. B. 50% of capital is held by A. the entire share capital C. at least 51% of the central government and is held by the central and / capital is held by central the remaining 50% by one or state government and / or state governments or more state governments D. all of above Sr. 22 A Company is called an artificial person because _________. 23 The liability of members of a co-operative society is _________. 24 Membership of a co-operative is_________. 25 The minimum number of members required for registration of a co-operative society is ________. 26 A member of a co-operative society can leave the society by _________. 27 Which of the following is an example of a company incorporated by a special act of parliament? 28 Dividend on preference capital will be paid _________. 29 A public corporation means _________. 30 The partnership entity is __________. 31 Promoter is a person who ________. 32 The minimum number of shareholders in a public limited company is __________. 33 A private company should have at least _________ members. 34 The charter of a company is its _________. 35 An association of 25 people not registered under the companies act, but carrying on business, is a/an _________. 36 A partnership firm cannot raise funds by __________. 37 The term Capitalization is used in relation to __________. 38 Over-capitalization results from __________. 39 Which of the following securities is not redeemable? 40 Preference shares are those which carry preferential right in respect of __________. 41 42 43 44 Choices Business & Commerce Question Investment in which of the following is most risky? Which of the following is not an ownership security? In which of the following, interest / dividend is payable even if the company does not earn profit? Debentures cannot be ________. 45 Ploughing back of profits means __________. 46 Deferred shares can be issued by ________. 47 Which of the following companies may issue share warrants? A. It does not have the shape of a natural person B. It cannot be used in the court of law A. limited to the amount of B. limited to the amount of nominal value of capital paid up value of the capital held held C. It is invisible and intangible D. It exists only in contemplation of law C. unlimited D. limited or unlimited depending upon what the society has opted for it A. compulsory A. 2 B. voluntary C. not essential D. not compulsory B. 7 C. 10 D. 20 B. transferring his share to A. transferring his share to another person with the C. transferring his share to D. withdrawing his capital another person without a fellow number from the society consent of the managing anybodys consent committee A. Delhi cloth and general B. Tata iron and steel Co C. Industrial Finance D. Swadesh Cotton Mills mills ltd Ltd Corporation of India Ltd Ltd A. only when there are B. even if there are no C. only when directors D. only when share holders profits profits recommend recommend D. Department of union A. Public company B. Government company C. Statutory corporation government B. legal entity and C. neither entity nor D. group of individuals A. legal entity accountable entity accountable entity without legal status A. takes part in the C. is a relative of the D. works to publicity to the incorporation of a B. is a director managing director company company A. 2 B. 3 C. 5 D. 7 A. 2 B. 7 C. 10 D. 50 B. statement lieu of C. memorandum of A. prospectus D. articles of association prospectus association A. partnership B. private company C. public company D. illegal association A. bank loan B. Partner loan C. debentures D. partner capital A. Sole-proprietorship B. Partnership C. Joint stock companies D. Co-operative societies A. payment of excessive amount for goodwill B. underestimating the rate of capitalization A. Equity shares B. Preference shares C. Cumulative preference shares D. Debentures A. dividends B. repayment of capital C. both dividend and repayment of capital D. right to vote on all important motions in AGM A. Equity shares A. Equity shares A. Equity capital A. irredeemable B. Preference shares B. Preference shares B. Preference capital B. participating C. Debentures C. Debentures C. Debentures C. registered D. Land D. Both B and C D. All of above D. bearer A. earning of black money C. raising more money D. raising only the money than can be profitably used B. dividends not claimed by C. retaining the earnings shareholders D. not paying dividends in a particular year A. public company B. private company C. private company which is deemed to be a public D. government company A. Companies limited by guarantee B. Private limited companies C. Public limited companies D. Trust Sr. Business & Commerce Question 48 A bearer of a share warrant of a company is _____. 49 Bank overdraft is a good source of finance for _________. A. a creditor of the company A. Short term 50 The most important economic function of new issue market is to ___________. A. provide liquidity to securities 51 Which of the following are components of organized sector of stock exchange? A. Commercial banks 52 Which of the following methods is not used for raising capital through the sale of new securities? A. By issue of prospectus 54 The first stock exchange was set up in India in __________. 55 Stock Exchanges in India are under the control of ____________. 56 A speculator who applies for new share is ________. A. sale of existing shareholders A. Calcutta A. SEBI A. a stag 57 Dealings in stock exchanges can be done by public __________. A. directly 53 The most common method used for marketing of new securities is _________. 58 Members of Bombay stock exchange are unofficially classified into ___________. 59 Speculation in stock exchange means __________. 60 Which of the following speculators expect fall in the prices of securities in the near future? 61 Which of the following speculative activities is based on disparity in quoted prices in different markets? When the name of the transferee is not filled in not filled in the transfer deed, without filling in the name of the transferee it is called _______. 63 When a right to sell a security is acquired, it is known as __________. 62 64 Stock exchange deals with the ___________. 65 Dividend and interest are _______. 66 The price of a share quoted in the stock exchange is cum, dividend when _________. 67 When SEBI came into force? 68 Indexing is an important ________. A. brokers and jobbers Choices B. a member of the C. a member subject to company certain conditions B. Medium term C. Long term B. provide facilities for C. give proper direction to converting saving into the flow of capital investments C. Financial institutions like B. Investors in securities LFC, IDBI B. Rights issue B. stock exchange placing B. Bombay B. SEC B. middle man B. directly or through brokers B. brokers and tarawaniwalas C. Stock exchange placing C. direct sale to public through prospectus C. New Delhi C. RBI C. jobber C. only through brokers C. jobbers and tarawaniwalas D. not a member of the company D. Short and long term D. give direction D. Other financial institutions D. Private placing D. sale to biometers D. Chennai D. financial Institution D. lame duck D. only by corporate houses D. there is no such classification of members of stock exchange A. Investment in securities B. Gambling in securities A. Bull B. Bear C. Buying and selling securities in the hope of making profile due to change in prices C. Stag A. Option dealing B. Arbitrage C. Margin trading D. Blank transfers A. option dealing B. forward dealing C. blank transfers D. carry over A. call option B. put option D. single option A. second hand securities B. issued of equity shares C. double option C. issue of preference shares C. debited to profit and loss account B. different from each other A. it is inclusive of dividend B. it is exclusive of dividend declared declared A. 1992 B. 1991 A. synonymous terms D. Creating secret profits D. Under inter D. issue of debentures D. divisible profits C. it excludes interest D. it includes interest C. 1990 D. 1993 A. method of filing B. method of maintaining account books C. aid to filing D. method of maintaining statistical books A certain percentage of the sum assured is paid periodically according to the terms of policy is known as ________ . 70 What is called to buying of shares by taking money from brokers? 71 The primary aim of co-operative is to ________. A. Term policy B. Endowment policy C. Money-Back Policy D. Group insurance policy A. Margin trading A. earn more profits C. Badla C. raise production D. Forward D. raise more money 72 A sleeping partner is one who __________. A. contributes capital B. Curb dealing B. serve the members B. takes active part in the business C. contributes members D. contributes materials 73 The principle of indemnity does not apply to __________. A. Burglary insurance B. Fire Insurance C. Marine Insurance 74 In vertical filing system, files or folders are kept ________. A. one upon the other B. in standing upright position C. in packets or large envelopes 69 D. Life and Personal Accident insurance D. in a cupboard, divided into a number of small compartments Sr. Choices Business & Commerce Question 75 The primary function of an office is _______. A. making, using and preserving records B. remuneration personnel C. carrying out the management policies D. safeguarding of authority means 77 Which of the following methods of filing do you recommend for a large size undertaking? 78 Planning and control are _________ functions of an office. B. conveying what the A. giving permission to the subordinate is expected to C. delegating responsibility subordinate to do his work do A. Pigeon hole system B. Spike files C. Box files A. informative B. administrative C. public 79 _________ is an important consideration for setting up an office. A. Office accommodation B. Office location C. Closed office D. Public office A. Burglary insurance A. Co-operation A. Quiet A. layout A. Alphabetical classification A. Alphabetical classification A. Box file B. Fidelity insurance B. Democracy B. Sound B. condominium B. Alphanumeric classification C. third party insurance C. Equality C. Big C. accommodation B. Bound book C. Subject wise classification C. Metal holders D. medical insurance D. Welfare D. Small D. location D. Geographical classification D. Geographical classification D. Pillar file A. Box file B. Bound book C. Metal holders D. Pillar file A. Horizontal files A. Vowel index A. 12 months A. Insured A. The United Kingdom A. Over The Counter Exchange Of India A. Entrepot trade A. mandiwala A. bear A. Manidiwala A. public A. Eliminate A. record keeping A. ordinary shares A. share A. Unsecured A. Unsecured B. Vertical files B. Book index B. 24 months B. Assured B. The USA B. Over The Country Exchange Of India B. Import trade B. tejiwala B. bull B. Tejiwala B. management B. Withdraw B. book keeping B. deferred shares B. debenture B. Secured B. Secured C. Visible files C. Strip index C. 6 months C. Indemnity C. Canada C. Over The Comparison Exchange Of India C. Export trade C. tarawaniwalas C. stag C. Tarawaniwalas C. clerks C. Control C. house-keeping C. redeemable shares C. equity share C. Bearer C. Bearer D. Metal files D. Card index D. 36 months D. both (a) & (b) D. Germany D. Over The Company Exchange Of India D. wholesale trade D. vaniwalas D. lame duck D. Vaniwala D. creditors D. Decide D. time keeping D. irredeemable shares D. preference share D. Registered D. Registered 105 The preference shares holders who have no claim for the arrears of dividend are _________ preference shares. A. Cumulative B. Non-cumulative C. Redeemable D. Irredeemable 106 The _________ co-operative societies are established for the benefit of small producers. A. Consumers B. Producers C. Marketing D. Housing 107 The _________ co-operatives are associations of producers for selling their products at remunerative prices. A. Consumers B. Producers C. Marketing D. Housing 108 Which co-operative societies are helpful to their members in purchasing land and constructing houses? A. Consumers B. Producers C. Marketing D. Housing A. Co-operative farming B. Consumers C. Producers D. Marketing A. Government A. Redeemable B. Democratic B. Irredeemable C. Autocratic C. Convertible D. Private D. Non-convertible 112 When a transfer of shares takes place by the operation of law, it is known as ____________. A. Surrender of shares B. Transmission of shares C. Redeemable shares D. Irredeemable shares 113 The return of shares to the company is known as ___________. A. Surrender of shares B. Transmission of shares C. Redeemable shares D. Irredeemable shares 76 Decentralization of authority means _________. 80 81 82 83 Guarantee for employer for the loss out of employee's dishonest is__________. Insurance is based on the principle of _______. The building used by the professional is called _________ office. A building jointly owned is called office________. 84 Which type of classification is based on numerical order? 85 Which type of classification is based on the area of operation? 86 In which method of filing, papers and documents are placed in metal holders in chorological order? 87 In which method of filing, all the letters and documents are passed in the book in chorological order? 88 89 90 91 92 Which types of files are available in the form of tray that lie flat horizontally in a cabinet? Which index system is used when small information is required about customers? Except life insurance generally the maximum term of other insurance is ________ . The person whose risk is insured is called __________ . Life insurance in its present form came to India from ___________. 93 OTCEI stands for ___________. 94 95 96 97 98 99 100 101 102 103 104 Importing goods for the purpose of re-export is termed as ___________. A Bull speculator is also called as ___________. A speculator who expects a rise in price of securities in the future are called as ___________. A bear speculator is also called as _______. The purpose of an office is to furnish essential services to the ___________. The office management simply means to ___________. Filing is an important aspect of _________. Equity shares were earlier known as __________. A ________ is an acknowledgement of a debt. The debentures are not given any security on assets are called as ________ debentures. The debentures are given a security on assets are called as ________ debentures. _________ societies are voluntary associations of farmers framed to reap me benefits of large scale farming an scientific lines. 110 Co-operative societies have _________ management. 111 _________ Debentures are to be redeemed on the expiry of a certain period. 109 B. Numerical classification C. Numerical classification D. departmentalizing activities D. Vertical filing D. private Sr. Business & Commerce Question 114 The optimum point is an _________ size of a firm. 115 Which type of shareholders does not have voting rights? Choices A. Ideal A. Equity shareholders B. Average C. Over B. Preference shareholders C. Deferred shareholders D. Extra D. Ordinary shareholders 116 Unsecured debentures are also called as _________. A. Mortgaged debentures B. Simple debentures C. Bearer debentures D. Registered debentures 117 Secured debentures are also called as _________. A. Mortgaged debentures B. Simple debentures C. Bearer debentures D. Registered debentures A. Commercial banks B. Trade credit C. Installment credit 118 _________ are the most important source of short term capital. 119 The first stock exchange in the world___________. The industry which is concerned with the breeding of plants or animals, which are used in reproduction is termed as ___________. 121 __________ is a social device for eliminating or reducing the loss of society from certain risk. A. Mumbai stock exchange B. America stock exchange C. London stock exchange D. Advances D. France stock exchange A. Construction industry B. Extractive industry C. Genetic Industry D. Manufacturing industry A. Premium B. Policy D. Contract 122 Economic activities are related to ___________. A. Production of wealth B. Satisfy ones urge C. Insurance C. Undertaking social service 123 Profession involves _________. A. Rendering of personal service B. Undertaking a business C. Undertaking a contract A. Direct Insurer B. A teacher teaching his son B. Ceding Insurer C. A social worker at a relief camp C. Re-Insurer A. Insurance Regulatory Development Authority B. Indian Regulatory Development Authority C. Institute of Regulatory Development Authority D. Insurance Regulatory Development Association A. Reduction of risk A. Current asset plus current liability B. Avoiding of risk B. Current asset minus current liability D. Shifting of risk D. Fixed asset minus current asset A. Share holders B. Debenture holders C. Transferring of risk C. Fixed asset plus current asset C. Registrar of the company A. Partnership Deed B. Partnership agreement C. Partnership contract D. Partnership registration A. Securities B. Stock C. Dividends D. Debentures 132 Insurance business is based on ______________. A. Parkinson law B. Newton law C. The theory of probability and law of large numbers D. Boyle law 133 The constitution of the IRDA consists of not more than _________ members. A. 10 members B. 7 members C. 9 members D. 8 members 134 An office routine _________. A. is a system B. is an operation C. stands in between a system and an operation D. stands in between a process and an operation 135 One-man-one-vote - is the principle adopted by ________. A. Partnership B. Joint Stock Companies C. Co-operative Societies D. Sole proprietorship A. Limited B. Unlimited C. Joint liability D. Separate liability 137 A member of a company is __________. A. Promoter B. Registered shareholder C. Director D. Broker 138 The difference between the actual price and excess price of a share is called as ____________. A. Discount B. Forfeiture A. may be paid in kind B. must be paid in cash 120 124 Which of the following is an economic activity? 125 The Insurer who grants a guarantee from the direct insurer is called as _________. 126 IRDA refers to_________. 127 The principle of prevention is better than cure refers to __________. 128 Working capital means _________. 129 Dividends are payable to the _________. 130 A written agreement signed by all partners is called _______. 131 Fully paid-up shares are called __________. 136 The liability of partners in a firm is _________. 139 Dividend declared by a company ________. 140 Equity shareholders are the __________. 141 142 143 144 The maximum number of members in case of private limited company is _________. The moral beliefs held by an individual. Ethics is derived from the Greek word. The interests and rights of customers are given top priority. A. A farmer in the field A. owners of the company A. 10 A. Values A. ethos A. The Vendor Model B. creditors of the company B. 20 B. Rights B. etho B. The Civic Model D. Social service D. Profit motive D. A social worker D. Double Insurer D. Board of directors C. Premium D. Surplus C. may be paid in cash or in D. may be paid in cash only kind D. directors of the C. debtors of the company company C. 30 D. 50 C. Duties D. Personal C. ethic D. ethical C. The Austre Model D. The Artistic Model Sr. Choices Business & Commerce Question 145 The oldest form of business organization is _________. 146 Partnership may come into existence __________. 147 Registration of partnership is ________. 148 The most important advantage of a joint stock company form of business organization is that _________. 149 In the co-operative organization, the voting rights of members are __________. 150 Localized materials are available at _________. 151 The minimum number of members for registration of a co-operative society is _________. 152 Co-operative and public companies are similar in respect of __________. 153 The limit for maximum number of members in a public company is restricted to _________. 154 A private company should have at least __________. 155 A partnership firm cannot raise funds through _________. A. partnership B. sole proprietorship C. joint stock company D. co-operative undertaking A. by the operation of law B. by an express agreement only C. by an express or implied agreement only D. by inheritance of property A. optional under Indian partnership act B. compulsory under the Indian partnership act C. compulsory under the income tax act D. compulsory under Indian contract act A. the liability of its member is limited B. members can conveniently transfer their shares C. it offers infinite scope for expansion D. it mobilizes vast amount of financial resources A. in proportion to the capital paid by each member B. equal, irrespective of amount of capital contribution C. in proportion to the nominal value of capital held by each member A. all the places A. two B. certain places B. seven C. central places C. ten A. the liability of members B. the minimum number of C. the maximum number members required for of members registration D. in proportion to the total finance supplied including the amount of loan by each member D. local places D. twenty D. method of distribution of profit A. 2000 A. 2 members A. bank loan B. 5000 B. 7 members B. partners loan C. 10000 C. 10 members C. Debentures D. no limit D. 50 members D. partners capital A. Issue of equity shares B. Issue of debentures C. Term loans from banks D. Sale of current asset A. Equity shares B. Preference shares C. Redeemable preference shares D. Debentures A. dividends B. repayment of capital C. both dividend and repayment of capital D. right to vote on all important motions in AGM 159 A project, which may not add to the existing profits, should be financed by __________. A. debentures B. preference share capital C. equity capital D. public deposits 160 The management of the company is entrusted to __________. A. Promoters B. Employees C. Share holders A. Director signature B. Manager Signature C. Common Seal D. Board of Directors D. Managing Director Signature A. equity shareholders B. preference shareholders C. debenture holders A. deposits received from government B. deposits received from public at large 156 Which of the following sources is not use for medium term financing? 157 Which of the following securities proves a burden on finances of the company, when company is not earning profits? 158 Preference shares are those which carry preferential right in respect of _________. 161 ___________ is a substitute for a companys signature. 162 Control of management of the company mainly vests in __________. 163 Public deposits obtained by a company means __________. 164 __________ were the pioneers of the co-operative movement. 165 The surplus generated by co-operatives is distributed in the form of ____________. 166 New issue market is an integral part of the ___________. 167 Contango charge is paid by __________. 168 In India there are __________ recognized stock exchanges at present. 169 A firm which outsources its works requires ___________. 170 When a right to purchase securities is acquired it is know as ________. 171 Register of member is a __________. D. share holders A. stock exchange B. capital market A. bull speculator to bear speculator A. fifteen B. bear speculator to bull speculator B. sixteen C. deposits received from stockiest and agent as advance C. Common Purpose Society C. Profit and dividend C. stock exchange and capital market C. lame duck to bull speculator C. twenty one A. more employees B. less employees C. skilled employees D. semi-skilled employees A. call option A. statutory book B. put option B. statistical book C. double option C. official book D. single option D. registered book A. Blackstone society A. Cash and kind B. Rochdale Society of Equitable Pioneers B. Dividend and profit D. deposit received from share holders D. Mutual Help Society of Pioneers D. Dividend and bonus D. discount houses D. stag to under writer D. twenty four Choices Sr. Business & Commerce Question 172 _________ firm enjoys lowest average cost of production. 173 __________ scale firms enjoy economies of scale. A. Representative A. Complex B. Optimum B. Medium C. Small-scale C. Large 174 The primary objective of co-operative society is __________. A. Service Motive B. Profit C. Sales Turnover D. Equilibrium D. Small D. Democratic Management A. Social objectives A. Ethics A. avoided B. Manufacturing Industries B. National objectives B. Business B. reduced A. does not come to an end B. comes to an end C. will come to an end shortly D. constitution of the firm remains unchanged A. Need A. logical unit A. Product A. direct B. Uses B. memory unit B. stationary B. indirect C. merits C. output unit C. functional C. basic D. None D. control unit D. combined D. private A. Office accommodation B. Office location C. Office layout D. Open office 185 _________ Layout based on similarity of work. A. Group B. Process C. Open D. Closed 186 _________ highly flexible type of organization. A. Sole Trading Concern B. Partnership C. State Enterprises D. Joint Stock Companies A. functional A. size A. Site A. Stock A. Alphabetical classification A. Pigeon-hole method A. Exchange A. box filing B. product B. profit B. State B. Exchange B. The spike file B. Stock B. flat filing C. stationary C. sales C. District C. Bear C. Subject wise classification C. Card board filing C. Stag C. open filing D. combined D. Demand D. Country D. Stag D. Chronological classification D. Box filing D. Bear D. pillar filing A. Typewriter B. Photocopier C. Roller copier D. Private A. portable typewriter A. 1956 B. electronic typewriter B. 1966 C. mini typewriter C. 1955 175 Industries are engaged in extracting and supplying products from earth ,air and water_________. 176 Providing fair returns to investors. 177 The term ________ is concerned with moral values. 178 Business risks can be _________. 179 In case of dissolution of partnership, the business of the firm __________. 180 181 182 183 Earning Goodwill is _________ for business ethics. The computations in a computer are performed by __________. __________ layout is not flexible. Maintenance of records is the _________ functions of an office. 184 __________ is the arrangement of furniture and equipment with the available floor space. 187 188 189 190 In case of ________ layout, production is carried on in special purpose machine. Nature of the product is the vital factor,which influences the _________ of the units. _________ refers to a smaller area. _________ means a fraction of the capital of a company. 191 Which type of classification is based on date and time order? 192 In which method of filing, a spike is fixed in a wooden or a metal base? 193 _________ means a place for purchasing and selling something. 194 Horizontal filing is also called as _______. __________ is a machine which process text material on a page when operator strikes keys are arranged on the 195 key boards. 196 Standard typewriter which operates through electricity is _______. 197 The OTC Exchange of India is a company incorporated under the Companies Act __________. A. Extractive Industries B. Numerical classification C. Genetic Industries D. Assembly Industries C. Economic objectives C. Profit C. ignored D. Human objectives D. Loss D. erased 198 PBX stands for __________. A. Private Book Exchange B. Private Branch Exchange C. Private Block Exchange 199 _________is an instrument which reproduces sound at a distance by means of electricity. 200 Which machine is used for stamping outward mail? A. Typewriter A. Franking machine A. Shares Exchange Board of India A. brokers A. G R Terry A. Placing an order B. Telephone B. Adding machine B. Stocks Exchange Board of India B. jobbers B. Lawrence S R Dicksee B. Selection of broker C. FAX C. Mailing machine C. Securities Exchange Board of India C. tarawaniwalas C. Standing ford C. Contract note D. macro typewriter D. 1957 D. Private Business Exchange D. Photocopier D. Accounting machine D. Speculators Exchange Board of India D. manidiwalls D. Mill D. Settlement A. cumulative B. non-cumulative C. redeemable D. non-convertible 206 Fixed capital is also called as _________. 207 A representative firm works under __________ conditions. A. blocked capital A. average B. unblocked capital B. ideal C. working capital C. bad D. non-working capital D. good 208 Which shareholders are the real owners of the company? A. Equity shareholders 201 SEBI stands for _________. 202 The person who deals in shares, debentures as independent operators are called as _________. 203 Office is to a business what the mainspring is to watch by ____________. 204 Which is the first procedure for dealing at stock exchange? 205 The preference shares which cannot be converted into equity shares are __________ preference shares. 209 The first organized stock exchange was set up in the year __________. 210 The first stock exchange in the world is _________. A. 1887 A. Mumbai stock exchange B. Preference shareholders C. Deferred shareholders B. 1992 B. American stock exchange D. Convertible preference shareholders C. 1991 D. 1994 C. London stock exchange D. France stock exchange Sr. Choices Business & Commerce Question 211 Which method of filing is useful for those concerns where numbers of letters are small? A. Pigeon-hole B. Card board filing C. Spike D. Press copy book method A. non-economic activities B. economic activities C. social activities D. production activities A. office work is done B. employees are housed C. records are kept D. control is situated A. providing space to all employees A. privacy A. Pigeon-hole system A. 3011992 A. Classification A. saves costs B. optimum utilization of space B. economy B. Spike filing B. 111992 B. Trays B. saves time C. providing larger open space C. efficiency C. Vertical filing C. 431992 C. Page Index C. saves space D. inflexibility D. Horizontal filing D. 441992 D. Visible Books D. saves electricity A. Feedback B. Filter C. Message D. Channel A. extractive industry B. genetic industry C. manufacturing industry D. construction industry A. remesiers A. department organization of the central government B. trade agents C. middlemen D. taraniwala B. government company C. public corporation D. private corporation A. private placing B. bonus issue C. rights issue D. offer for sale 225 Which of the speculator applies for new issues with a view to prompt resale? 226 A capital intensive enterprise requires __________. A. Bull A. more employees B. Bear B. less employees D. Lame duck D. female employees 227 Mimeograph is a ___________. A. stencil duplicator B. method of photocopying C. Stag C. male employees C. process of electrical photography A. electrical photography B. blue printing C. fixing stamps A. calculations at a very high speed A. small products A. Group A. Alphabetical classification A. combined A. Vowel A. rotary A. typewriter A. bear B. giving out the end product B. light products B. Process B. line B. Abound B. copy B. stencil B. bull C. controlling at the operating units C. bulky products C. Open C. Subject wise classification C. stationary C. Loose leaf book C. multiple C. roller machine C. stag A. bear B. bull C. stag D. lame duck A. Consumers B. Producers C. Marketing D. Housing A. Consumers B. Producers C. Credit D. Housing A. Redeemable A. pessimism A. Accounting A. Letter tray drawer B. Irredeemable B. ideal B. Addressing B. Vertical file drawer C. Convertible C. average C. Franking C. Center drawer D. Non-convertible D. good D. Listing D. Utility drawer A. social service B. profit maximization C. consumer satisfaction D. wealth A. more A. large scale B. not B. small scale C. less C. new D. none of the above D. none of the above 212 Business includes ____________. 213 Office is a place where ___________. 214 Office layout aims at ___________. An open office has the benefit of __________. Which method is suitable for large office? SEBI was given statutory status on ___________. ___________ means a method of filing while indexing. Modular furniture __________. The communication process is made up of various components. Which of the following is the actual physical 220 product from the source? 215 216 217 218 219 221 Fish culture should be classified as __________. 222 The agent of brokers who obtain business for them are _________. 223 LIC of India is an example of __________. 224 When an existing company offers its shares for sale to the existing shareholders, it is known as ___________. 228 Xerography is a process of ___________. 229 Memory unit performs the function of ___________. 230 Stationary layout is suitable for manufacturing ___________. 231 ___________ Layout is based on the sequence of work. 232 Which type of classification is based on alphabetical order? 233 234 235 236 237 238 239 240 241 242 243 244 For synthetic type of production _________ lay out is preferable. Book index is also called as ___________ index. Roller machine is also called as ____________ machine. The machines produce multiple copies with help of a ___________. A speculator who expects prices to fall in future and sell securities is called as ____________. Speculators who apply for shares in new companies and expect to sell them at a premium are called as ___________. The ___________ co-operative societies are started to help lower and middle class people. The __________ co-operative societies are formed to give financial help to small farmers and other poor sections of the society. __________ Debentures are not redeemable during life time of the company. The transitional period in the life of an expanding firm is called ___________ firm. ____________ Machine is used to point addresses of the customers or clients on outgoing mail. ___________ type of drawer are used to increased desk top work area. 245 Non-economic activities aim at __________. 246 Small scale firms are ____________ flexible in their functioning. 247 A __________ firm would be able to reduce its risk by diversifying its products and markets. B. Numerical classification D. providing space D. process of blue printing D. printing address D. storing the data D. technical items D. Closed D. Geographical classification D. process D. Card D. single D. processor D. lame duck Sr. Business & Commerce Question 248 Which type of adding machine provides a printed record? 249 Intercom system is connected with __________. 250 Processing of data through computer is done by its ___________. 251 Questionnaire method is used for collecting ___________. 252 253 254 255 256 257 Registration of a partnership is ____________. Security merchants dealing in shares, independent operators are called ___________. External oral communication is passed on with the help of _________ mechanical device. Franking machine is used in __________. Much popular computers are __________. The method of evaluating the efficiency of workers is termed as _________. 258 When at least 51% shares are in the hands of government, it is called as __________. 259 Shares traded through stock exchanges are called __________. 260 The financial market for short term funds is known as __________. 261 Shares issued to the existing share holders on a pre-emptive basis is __________. 262 Overall and strategic planning is done by the ___________. 263 The Era of Scientific management is __________. If a general manager asks the sales manager to recruit some salesman on his behalf, it is an instance of 264 ___________. 265 Which function is regarded as the essence of management? 266 A Piece Rate System written by ___________. 267 Which is created for technological purpose? 268 While delegating, a superior delegates____________. 269 270 271 272 273 The authority is decentralized in which leadership style? The managerial grid consist of how many possible leadership styles? Which function is basis of control? _________ is a force to drive a person to action. _________ Deals with appointing people and placing them at the appropriate jobs. A. Listing machine A. telephone exchange A. output unit Choices B. Non-listing machine C. Numbering machine B. PBX system C. EBPAX system B. control unit C. CPU D. Stamping matching D. FAX D. mouse A. secondary data B. primary data C. small quantity of data D. data A. compulsory A. Brokers A. Typewriter A. bank A. analog A. merit rating B. voluntary B. Jobber B. Telephone B. post office B. digital B. job evaluation C. statutory C. tarawaniwalas C. FAX C. school C. electronic C. filing D. mandatory D. mandiwalas D. Internet D. colleges D. log D. indexing A. public corporation B. government company C. public company D. private company A. primary market A. capital market A. bonus shares C. money market C. bullion market C. new issue C. Supervisory level management C. 1880 - 1932 D. share market D. share market D. secondary market A. Planning A. Harold Koontz B. secondary market B. money market B. right issue B. Middle level management B. 1880 - 1931 B. Decentralisation of authority B. Organizing B. Taylor A. formal organization A. Top management A. 1880 - 1930 D. All of the above C. Staffing C. Louis Allan D. 1880 - 1933 D. Delegation of responsibility D. Co-ordination D. Hendry Fayol B. informal organization C. business organization D. strategic organization A. Only authority B. Authority and responsibility C. Authority, responsibility and accountability A. positive style A. 61 A. Planning A. Motivation A. Human resources B. negative style B. 71 B. Organizing B. Co ordination B. Recruitment C. free-rain style C. 81 C. Controlling C. Co-operation C. Staffing A. Division of authority C. Delegation of authority D. Authority and responsibility but not accountability D. democratic style D. 91 D. staffing D. Control D. Placement