MCQOPTIONS
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MCQOPTIONS
This section includes 513 Mcqs, each offering curated multiple-choice questions to sharpen your Commerce knowledge and support exam preparation. Choose a topic below to get started.
| 451. |
_________ firm enjoys lowest average cost of production. |
| A. | Representative |
| B. | Optimum |
| C. | Small-scale |
| D. | Equilibrium |
| Answer» C. Small-scale | |
| 452. |
Control of management of the company mainly vests in __________. |
| A. | equity shareholders |
| B. | preference shareholders |
| C. | debenture holders |
| D. | share holders |
| Answer» B. preference shareholders | |
| 453. |
Which of the following securities proves a burden on finances of the company, when company is not earning profits? |
| A. | Equity shares |
| B. | Preference shares |
| C. | Redeemable preference shares |
| D. | Debentures |
| Answer» E. | |
| 454. |
Co-operative and public companies are similar in respect of __________. |
| A. | the liability of members |
| B. | the minimum number of members required for registration |
| C. | the maximum number of members |
| D. | method of distribution of profit |
| Answer» D. method of distribution of profit | |
| 455. |
Registration of partnership is ________. |
| 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 |
| Answer» B. compulsory under the Indian partnership act | |
| 456. |
Insurance is based on the principle of _______. |
| A. | Co-operation |
| B. | Democracy |
| C. | Equality |
| D. | Welfare |
| Answer» B. Democracy | |
| 457. |
Decentralization of authority means _________. |
| A. | giving permission to the subordinate to do his work |
| B. | conveying what the subordinate is expected to do |
| C. | delegating responsibility |
| D. | departmentalizing activities |
| Answer» E. | |
| 458. |
_________ Debentures are to be redeemed on the expiry of a certain period. |
| A. | Redeemable |
| B. | Irredeemable |
| C. | Convertible |
| D. | Non-convertible |
| Answer» B. Irredeemable | |
| 459. |
The _________ co-operative societies are established for the benefit of small producers. |
| A. | Consumers |
| B. | Producers |
| C. | Marketing |
| D. | Housing |
| Answer» C. Marketing | |
| 460. |
Equity shares were earlier known as __________. |
| A. | ordinary shares |
| B. | deferred shares |
| C. | redeemable shares |
| D. | irredeemable shares |
| Answer» B. deferred shares | |
| 461. |
A speculator who expects a rise in price of securities in the future are called as ___________. |
| A. | bear |
| B. | bull |
| C. | stag |
| D. | lame duck |
| Answer» C. stag | |
| 462. |
The person whose risk is insured is called __________ . |
| A. | Insured |
| B. | Assured |
| C. | Indemnity |
| D. | both (a) & (b) |
| Answer» E. | |
| 463. |
In which method of filing, papers and documents are placed in metal holders in chorological order? |
| A. | Box file |
| B. | Bound book |
| C. | Metal holders |
| D. | Pillar file |
| Answer» D. Pillar file | |
| 464. |
Standard typewriter which operates through electricity is _______. |
| A. | portable typewriter |
| B. | electronic typewriter |
| C. | mini typewriter |
| D. | macro typewriter |
| Answer» C. mini typewriter | |
| 465. |
Which type of classification is based on date and time order? |
| A. | Alphabetical classification |
| B. | Numerical classification |
| C. | Subject wise classification |
| D. | Chronological classification |
| Answer» E. | |
| 466. |
_________ highly flexible type of organization. |
| A. | Sole Trading Concern |
| B. | Partnership |
| C. | State Enterprises |
| D. | Joint Stock Companies |
| Answer» B. Partnership | |
| 467. |
Fixed capital is also called as _________. |
| A. | blocked capital |
| B. | unblocked capital |
| C. | working capital |
| D. | non-working capital |
| Answer» B. unblocked capital | |
| 468. |
SEBI stands for _________. |
| A. | Shares Exchange Board of India |
| B. | Stocks Exchange Board of India |
| C. | Securities Exchange Board of India |
| D. | Speculators Exchange Board of India |
| Answer» D. Speculators Exchange Board of India | |
| 469. |
The liability of partners in a firm is _________. |
| A. | Limited |
| B. | Unlimited |
| C. | Joint liability |
| D. | Separate liability |
| Answer» C. Joint liability | |
| 470. |
__________ is a social device for eliminating or reducing the loss of society from certain risk. |
| A. | Premium |
| B. | Policy |
| C. | Insurance |
| D. | Contract |
| Answer» D. Contract | |
| 471. |
Unsecured debentures are also called as _________. |
| A. | Mortgaged debentures |
| B. | Simple debentures |
| C. | Bearer debentures |
| D. | Registered debentures |
| Answer» C. Bearer debentures | |
| 472. |
Fully paid-up shares are called __________. |
| A. | Securities |
| B. | Stock |
| C. | Dividends |
| D. | Debentures |
| Answer» C. Dividends | |
| 473. |
IRDA refers to_________. |
| A. | Insurance Regulatory Development Authority |
| B. | Indian Regulatory Development Authority |
| C. | Institute of Regulatory Development Authority |
| D. | Insurance Regulatory Development Association |
| Answer» B. Indian Regulatory Development Authority | |
| 474. |
A speculator who applies for new share is ________. |
| A. | a stag |
| B. | middle man |
| C. | jobber |
| D. | lame duck |
| Answer» B. middle man | |
| 475. |
Which of the following are components of organized sector of stock exchange? |
| A. | Commercial banks |
| B. | Investors in securities |
| C. | Financial institutions like LFC, IDBI |
| D. | Other financial institutions |
| Answer» C. Financial institutions like LFC, IDBI | |
| 476. |
Deferred shares can be issued by ________. |
| A. | public company |
| B. | private company |
| C. | private company which is deemed to be a public |
| D. | government company |
| Answer» C. private company which is deemed to be a public | |
| 477. |
The price of a share quoted in the stock exchange is cum, dividend when _________. |
| A. | it is inclusive of dividend declared |
| B. | it is exclusive of dividend declared |
| C. | it excludes interest |
| D. | it includes interest |
| Answer» B. it is exclusive of dividend declared | |
| 478. |
Which of the following speculative activities is based on disparity in quoted prices in different markets? |
| A. | Option dealing |
| B. | Arbitrage |
| C. | Margin trading |
| D. | Blank transfers |
| Answer» C. Margin trading | |
| 479. |
Sole-trade organization is also called as ______. |
| A. | Individual proprietorship |
| B. | Partnership |
| C. | Joint stock company |
| D. | Co-operative society |
| Answer» B. Partnership | |
| 480. |
A Government company is one in which ________. |
| A. | the entire share capital is held by the central and / or state government |
| B. | 50% of capital is held by central government and the remaining 50% by one or more state governments |
| C. | at least 51% of the capital is held by central and / or state governments |
| D. | all of above |
| Answer» E. | |
| 481. |
A member of a co-operative society can leave the society by _________. |
| A. | transferring his share to another person without anybodys consent |
| B. | transferring his share to another person with the consent of the managing committee |
| C. | transferring his share to a fellow number |
| D. | withdrawing his capital from the society |
| Answer» E. | |
| 482. |
The maximum number of partners in a firm carrying on banking business is_________. |
| A. | 7 |
| B. | 10 |
| C. | 50 |
| D. | 20 |
| Answer» D. 20 | |
| 483. |
A nominal partner is ______. |
| A. | not entitled to share the profits of the concern |
| B. | entitled to equal share in the profits unless there is an agreement to any other profit sharing ratio |
| C. | not liable for the acts of other partners |
| D. | not able to third parties |
| Answer» B. entitled to equal share in the profits unless there is an agreement to any other profit sharing ratio | |
| 484. |
Investment in which of the following is most risky? |
| A. | Equity shares |
| B. | Preference shares |
| C. | Debentures |
| D. | Land |
| Answer» B. Preference shares | |
| 485. |
Promoter is a person who ________. |
| A. | takes part in the incorporation of a company |
| B. | is a director |
| C. | is a relative of the managing director |
| D. | works to publicity to the company |
| Answer» B. is a director | |
| 486. |
A partnership firm cannot raise funds by __________. |
| A. | bank loan |
| B. | Partner loan |
| C. | debentures |
| D. | partner capital |
| Answer» D. partner capital | |
| 487. |
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 |
| Answer» C. Spike | |
| 488. |
The maximum number of members in case of private limited company is _________. |
| A. | 10 |
| B. | 20 |
| C. | 30 |
| D. | 50 |
| Answer» E. | |
| 489. |
The primary aim of co-operative is to ________. |
| A. | earn more profits |
| B. | serve the members |
| C. | raise production |
| D. | raise more money |
| Answer» C. raise production | |
| 490. |
Business means ________. |
| A. | Commerce |
| B. | Industry and commerce |
| C. | Trade and commerce |
| D. | Selling and buying of goods |
| Answer» C. Trade and commerce | |
| 491. |
Which method is suitable for large office? |
| A. | Pigeon-hole system |
| B. | Spike filing |
| C. | Vertical filing |
| D. | Horizontal filing |
| Answer» E. | |
| 492. |
Fish culture should be classified as __________. |
| A. | extractive industry |
| B. | genetic industry |
| C. | manufacturing industry |
| D. | construction industry |
| Answer» C. manufacturing industry | |
| 493. |
A Piece Rate System written by ___________. |
| A. | Harold Koontz |
| B. | Taylor |
| C. | Louis Allan |
| D. | Hendry Fayol |
| Answer» C. Louis Allan | |
| 494. |
Shares issued to the existing share holders on a pre-emptive basis is __________. |
| A. | bonus shares |
| B. | right issue |
| C. | new issue |
| D. | secondary market |
| Answer» C. new issue | |
| 495. |
Much popular computers are __________. |
| A. | analog |
| B. | digital |
| C. | electronic |
| D. | log |
| Answer» C. electronic | |
| 496. |
The machines produce multiple copies with help of a ___________. |
| A. | typewriter |
| B. | stencil |
| C. | roller machine |
| D. | processor |
| Answer» C. roller machine | |
| 497. |
__________ Debentures are not redeemable during life time of the company. |
| A. | Redeemable |
| B. | Irredeemable |
| C. | Convertible |
| D. | Non-convertible |
| Answer» C. Convertible | |
| 498. |
A capital intensive enterprise requires __________. |
| A. | more employees |
| B. | less employees |
| C. | male employees |
| D. | female employees |
| Answer» C. male employees | |
| 499. |
___________ Layout is based on the sequence of work. |
| A. | Group |
| B. | Process |
| C. | Open |
| D. | Closed |
| Answer» C. Open | |
| 500. |
Small scale firms are ____________ flexible in their functioning. |
| A. | more |
| B. | not |
| C. | less |
| D. | none of the above |
| Answer» B. not | |