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.
| 301. |
_ Dividend declared by a company ________.$? |
| A. | may be paid in kind |
| B. | must be paid in cash |
| C. | may be paid in cash or in kind |
| D. | may be paid in cash only |
| Answer» E. | |
| 302. |
_ Which of the following is an economic activity?$? |
| A. | A farmer in the field |
| B. | A teacher teaching his son |
| C. | A social worker at a relief camp |
| D. | A social worker |
| Answer» B. A teacher teaching his son | |
| 303. |
_ The first stock exchange in the world___________.$? |
| A. | Mumbai stock exchange |
| B. | America stock exchange |
| C. | London stock exchange |
| D. | France stock exchange |
| Answer» D. France stock exchange | |
| 304. |
_ An office routine _________.$? |
| 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 |
| Answer» B. is an operation | |
| 305. |
_ Dividends are payable to the _________.$? |
| A. | Share holders |
| B. | Debenture holders |
| C. | Registrar of the company |
| D. | Board of directors |
| Answer» B. Debenture holders | |
| 306. |
_ Speculation in stock exchange means __________.$? |
| A. | Investment in securities |
| B. | Gambling in securities |
| C. | Buying and selling securities in the hope of making profile due to change in prices |
| D. | Creating secret profits |
| Answer» D. Creating secret profits | |
| 307. |
_ The first stock exchange was set up in India in __________.$? |
| A. | Calcutta |
| B. | Bombay |
| C. | New Delhi |
| D. | Chennai |
| Answer» C. New Delhi | |
| 308. |
_ Bank overdraft is a good source of finance for _________.$? |
| A. | Short term |
| B. | Medium term |
| C. | Long term |
| D. | Short and long term |
| Answer» B. Medium term | |
| 309. |
_ A certain percentage of the sum assured is paid periodically according to the terms of policy is known as ________ .$? |
| A. | Term policy |
| B. | Endowment policy |
| C. | Money-Back Policy |
| D. | Group insurance policy |
| Answer» D. Group insurance policy | |
| 310. |
_ Stock exchange deals with the ___________.$? |
| A. | second hand securities |
| B. | issued of equity shares |
| C. | issue of preference shares |
| D. | issue of debentures |
| Answer» B. issued of equity shares | |
| 311. |
_ When a partnership is dissolved?$? |
| A. | In any case of death of any of the partner |
| B. | By mutual consent |
| C. | By insolvency of any of the partner |
| D. | All of above |
| Answer» E. | |
| 312. |
_ Membership of a co-operative is_________.$? |
| A. | compulsory |
| B. | voluntary |
| C. | not essential |
| D. | not compulsory |
| Answer» C. not essential | |
| 313. |
_ A public corporation means _________.$? |
| A. | Public company |
| B. | Government company |
| C. | Statutory corporation |
| D. | Department of union government |
| Answer» D. Department of union government | |
| 314. |
_ A partner in a firm _______.$? |
| A. | cannot transfer his share to an outsider |
| B. | can transfer his share to an outsider with the consent of majority partners |
| C. | can transfer his share to an outsider without the consent of any other partners |
| D. | can transfer his share to an outsider with the consent of all other partners |
| Answer» B. can transfer his share to an outsider with the consent of majority partners | |
| 315. |
_ Memorandum of association of a firm contains _______.$? |
| A. | rules regarding the internal management of the company |
| B. | rules regarding the constitution and activities of the company |
| C. | rules regarding the external management |
| D. | rules regarding the constitution |
| Answer» C. rules regarding the external management | |
| 316. |
_ Debentures cannot be ________.$? |
| A. | irredeemable |
| B. | participating |
| C. | registered |
| D. | bearer |
| Answer» D. bearer | |
| 317. |
_ The charter of a company is its _________.$? |
| A. | prospectus |
| B. | statement lieu of prospectus |
| C. | memorandum of association |
| D. | articles of association |
| Answer» D. articles of association | |
| 318. |
_ Which of the following securities is not redeemable?$? |
| A. | Equity shares |
| B. | Preference shares |
| C. | Cumulative preference shares |
| D. | Debentures |
| Answer» B. Preference shares | |
| 319. |
_ Office layout aims at ___________.$? |
| A. | providing space to all employees |
| B. | optimum utilization of space |
| C. | providing larger open space |
| D. | providing space |
| Answer» C. providing larger open space | |
| 320. |
_ The interests and rights of customers are given top priority.$? |
| A. | The Vendor Model |
| B. | The Civic Model |
| C. | The Austre Model |
| D. | The Artistic Model |
| Answer» B. The Civic Model | |
| 321. |
_ In vertical filing system, files or folders are kept ________.$? |
| A. | one upon the other |
| B. | in standing upright position |
| C. | in packets or large envelopes |
| D. | in a cupboard, divided into a number of small compartments |
| Answer» C. in packets or large envelopes | |
| 322. |
_ Which of the following is not a manufacturing industry?$? |
| A. | Iron and steel works |
| B. | Flour Mills |
| C. | Fruit canning |
| D. | Mining |
| Answer» E. | |
| 323. |
_ Modular furniture __________.$? |
| A. | saves costs |
| B. | saves time |
| C. | saves space |
| D. | saves electricity |
| Answer» D. saves electricity | |
| 324. |
_ When an existing company offers its shares for sale to the existing shareholders, it is known as ___________.$? |
| A. | private placing |
| B. | bonus issue |
| C. | rights issue |
| D. | offer for sale |
| Answer» D. offer for sale | |
| 325. |
_ The authority is decentralized in which leadership style?$? |
| A. | positive style |
| B. | negative style |
| C. | free-rain style |
| D. | democratic style |
| Answer» E. | |
| 326. |
_ If a general manager asks the sales manager to recruit some salesman on his behalf, it is an instance of ___________.$? |
| A. | Division of authority |
| B. | Decentralisation of authority |
| C. | Delegation of authority |
| D. | Delegation of responsibility |
| Answer» D. Delegation of responsibility | |
| 327. |
_ Shares traded through stock exchanges are called __________.$? |
| A. | primary market |
| B. | secondary market |
| C. | money market |
| D. | share market |
| Answer» C. money market | |
| 328. |
_ The ___________ co-operative societies are started to help lower and middle class people.$? |
| A. | Consumers |
| B. | Producers |
| C. | Marketing |
| D. | Housing |
| Answer» B. Producers | |
| 329. |
_ ___________ type of drawer are used to increased desk top work area.$? |
| A. | Letter tray drawer |
| B. | Vertical file drawer |
| C. | Center drawer |
| D. | Utility drawer |
| Answer» B. Vertical file drawer | |
| 330. |
_ Memory unit performs the function of ___________.$? |
| A. | calculations at a very high speed |
| B. | giving out the end product |
| C. | controlling at the operating units |
| D. | storing the data |
| Answer» E. | |
| 331. |
_ Book index is also called as ___________ index.$? |
| A. | Vowel |
| B. | Abound |
| C. | Loose leaf book |
| D. | Card |
| Answer» C. Loose leaf book | |
| 332. |
_ Intercom system is connected with __________.$? |
| A. | telephone exchange |
| B. | PBX system |
| C. | EBPAX system |
| D. | FAX |
| Answer» D. FAX | |
| 333. |
_ External oral communication is passed on with the help of _________ mechanical device.$? |
| A. | Typewriter |
| B. | Telephone |
| C. | FAX |
| D. | Internet |
| Answer» C. FAX | |
| 334. |
_ __________ is the arrangement of furniture and equipment with the available floor space.$? |
| A. | Office accommodation |
| B. | Office location |
| C. | Office layout |
| D. | Open office |
| Answer» D. Open office | |
| 335. |
_ In case of dissolution of partnership, the business of the firm __________.$? |
| A. | does not come to an end |
| B. | comes to an end |
| C. | will come to an end shortly |
| D. | constitution of the firm remains unchanged |
| Answer» B. comes to an end | |
| 336. |
_ The primary objective of co-operative society is __________.$? |
| A. | Service Motive |
| B. | Profit |
| C. | Sales Turnover |
| D. | Democratic Management |
| Answer» B. Profit | |
| 337. |
_ __________ were the pioneers of the co-operative movement.$? |
| A. | Blackstone society |
| B. | Rochdale Society of Equitable Pioneers |
| C. | Common Purpose Society |
| D. | Mutual Help Society of Pioneers |
| Answer» C. Common Purpose Society | |
| 338. |
_ A project, which may not add to the existing profits, should be financed by __________.$? |
| A. | debentures |
| B. | preference share capital |
| C. | equity capital |
| D. | public deposits |
| Answer» C. equity capital | |
| 339. |
_ A private company should have at least __________.$? |
| A. | 2 members |
| B. | 7 members |
| C. | 10 members |
| D. | 50 members |
| Answer» B. 7 members | |
| 340. |
_ In the co-operative organization, the voting rights of members are __________.$? |
| 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 |
| D. | in proportion to the total finance supplied including the amount of loan by each member |
| Answer» C. in proportion to the nominal value of capital held by each member | |
| 341. |
__A building jointly owned is called office________.__ |
| A. | layout |
| B. | condominium |
| C. | accommodation |
| D. | location |
| Answer» C. accommodation | |
| 342. |
__Planning and control are _________ functions of an office.__ |
| A. | informative |
| B. | administrative |
| C. | public |
| D. | private |
| Answer» C. public | |
| 343. |
__The return of shares to the company is known as ___________.__ |
| A. | Surrender of shares |
| B. | Transmission of shares |
| C. | Redeemable shares |
| D. | Irredeemable shares |
| Answer» B. Transmission of shares | |
| 344. |
__Which co-operative societies are helpful to their members in purchasing land and constructing houses?__ |
| A. | Consumers |
| B. | Producers |
| C. | Marketing |
| D. | Housing |
| Answer» E. | |
| 345. |
__The debentures are not given any security on assets are called as ________ debentures.__ |
| A. | Unsecured |
| B. | Secured |
| C. | Bearer |
| D. | Registered |
| Answer» B. Secured | |
| 346. |
__The purpose of an office is to furnish essential services to the ___________.__ |
| A. | public |
| B. | management |
| C. | clerks |
| D. | creditors |
| Answer» C. clerks | |
| 347. |
__OTCEI stands for ___________.__ |
| A. | Over The Counter Exchange Of India |
| B. | Over The Country Exchange Of India |
| C. | Over The Comparison Exchange Of India |
| D. | Over The Company Exchange Of India |
| Answer» B. Over The Country Exchange Of India | |
| 348. |
__Which types of files are available in the form of tray that lie flat horizontally in a cabinet?__ |
| A. | Horizontal files |
| B. | Vertical files |
| C. | Visible files |
| D. | Metal files |
| Answer» D. Metal files | |
| 349. |
__PBX stands for __________.__ |
| A. | Private Book Exchange |
| B. | Private Branch Exchange |
| C. | Private Block Exchange |
| D. | Private Business Exchange |
| Answer» C. Private Block Exchange | |
| 350. |
___________ means a place for purchasing and selling something.__ |
| A. | Exchange |
| B. | Stock |
| C. | Stag |
| D. | Bear |
| Answer» B. Stock | |