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.
| 401. |
Secured debentures are also called as _________.$? |
| A. | Mortgaged debentures |
| B. | Simple debentures |
| C. | Bearer debentures |
| D. | Registered debentures |
| Answer» B. Simple debentures | |
| 402. |
Economic activities are related to ___________.$? |
| A. | Production of wealth |
| B. | Satisfy ones urge |
| C. | Undertaking social service |
| D. | Social service |
| Answer» B. Satisfy ones urge | |
| 403. |
The principle of prevention is better than cure refers to __________.$? |
| A. | Reduction of risk |
| B. | Avoiding of risk |
| C. | Transferring of risk |
| D. | Shifting of risk |
| Answer» C. Transferring of risk | |
| 404. |
Insurance business is based on ______________.$? |
| A. | Parkinson law |
| B. | Newton law |
| C. | The theory of probability and law of large numbers |
| D. | Boyle law |
| Answer» D. Boyle law | |
| 405. |
A member of a company is __________.$? |
| A. | Promoter |
| B. | Registered shareholder |
| C. | Director |
| D. | Broker |
| Answer» C. Director | |
| 406. |
When a transfer of shares takes place by the operation of law, it is known as ____________.$? |
| A. | Surrender of shares |
| B. | Transmission of shares |
| C. | Redeemable shares |
| D. | Irredeemable shares |
| Answer» C. Redeemable shares | |
| 407. |
The _________ co-operatives are associations of producers for selling their products at remunerative prices.$? |
| A. | Consumers |
| B. | Producers |
| C. | Marketing |
| D. | Housing |
| Answer» D. Housing | |
| 408. |
A ________ is an acknowledgement of a debt.$? |
| A. | share |
| B. | debenture |
| C. | equity share |
| D. | preference share |
| Answer» C. equity share | |
| 409. |
A bear speculator is also called as _______.$? |
| A. | Manidiwala |
| B. | Tejiwala |
| C. | Tarawaniwalas |
| D. | Vaniwala |
| Answer» B. Tejiwala | |
| 410. |
Life insurance in its present form came to India from ___________.$? |
| A. | The United Kingdom |
| B. | The USA |
| C. | Canada |
| D. | Germany |
| Answer» B. The USA | |
| 411. |
In which method of filing, all the letters and documents are passed in the book in chorological order?$? |
| A. | Box file |
| B. | Bound book |
| C. | Metal holders |
| D. | Pillar file |
| Answer» C. Metal holders | |
| 412. |
The OTC Exchange of India is a company incorporated under the Companies Act __________.? |
| A. | 1956 |
| B. | 1966 |
| C. | 1955 |
| D. | 1957 |
| Answer» B. 1966 | |
| 413. |
In which method of filing, a spike is fixed in a wooden or a metal base?? |
| A. | Pigeon-hole method |
| B. | The spike file |
| C. | Card board filing |
| D. | Box filing |
| Answer» C. Card board filing | |
| 414. |
In case of ________ layout, production is carried on in special purpose machine.? |
| A. | functional |
| B. | product |
| C. | stationary |
| D. | combined |
| Answer» C. stationary | |
| 415. |
A representative firm works under __________ conditions.? |
| A. | average |
| B. | ideal |
| C. | bad |
| D. | good |
| Answer» B. ideal | |
| 416. |
The person who deals in shares, debentures as independent operators are called as _________.? |
| A. | brokers |
| B. | jobbers |
| C. | tarawaniwalas |
| D. | manidiwalls |
| Answer» C. tarawaniwalas | |
| 417. |
A member of a company is __________.? |
| A. | Promoter |
| B. | Registered shareholder |
| C. | Director |
| D. | Broker |
| Answer» C. Director | |
| 418. |
Economic activities are related to ___________.? |
| A. | Production of wealth |
| B. | Satisfy ones urge |
| C. | Undertaking social service |
| D. | Social service |
| Answer» B. Satisfy ones urge | |
| 419. |
Insurance business is based on ______________.? |
| A. | Parkinson law |
| B. | Newton law |
| C. | The theory of probability and law of large numbers |
| D. | Boyle law |
| Answer» D. Boyle law | |
| 420. |
The principle of prevention is better than cure refers to __________.? |
| A. | Reduction of risk |
| B. | Avoiding of risk |
| C. | Transferring of risk |
| D. | Shifting of risk |
| Answer» C. Transferring of risk | |
| 421. |
Dealings in stock exchanges can be done by public __________. |
| A. | directly |
| B. | directly or through brokers |
| C. | only through brokers |
| D. | only by corporate houses |
| Answer» D. only by corporate houses | |
| 422. |
Which of the following methods is not used for raising capital through the sale of new securities? |
| A. | By issue of prospectus |
| B. | Rights issue |
| C. | Stock exchange placing |
| D. | Private placing |
| Answer» D. Private placing | |
| 423. |
Which of the following companies may issue share warrants? |
| A. | Companies limited by guarantee |
| B. | Private limited companies |
| C. | Public limited companies |
| D. | Trust |
| Answer» D. Trust | |
| 424. |
When SEBI came into force? |
| A. | 1992 |
| B. | 1991 |
| C. | 1990 |
| D. | 1993 |
| Answer» B. 1991 | |
| 425. |
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 _______. |
| A. | option dealing |
| B. | forward dealing |
| C. | blank transfers |
| D. | carry over |
| Answer» D. carry over | |
| 426. |
Who is dormant partner? |
| A. | One who takes no active part in business |
| B. | A working partner |
| C. | Partner for profits |
| D. | Minor partner |
| Answer» B. A working partner | |
| 427. |
A Company is called an artificial person because _________. |
| A. | It does not have the shape of a natural person |
| B. | It cannot be used in the court of law |
| C. | It is invisible and intangible |
| D. | It exists only in contemplation of law |
| Answer» D. It exists only in contemplation of law | |
| 428. |
Which of the following is an example of a company incorporated by a special act of parliament? |
| A. | Delhi cloth and general mills ltd |
| B. | Tata iron and steel Co Ltd |
| C. | Industrial Finance Corporation of India Ltd |
| D. | Swadesh Cotton Mills Ltd |
| Answer» D. Swadesh Cotton Mills Ltd | |
| 429. |
The agreement of partnership _______. |
| A. | Must be oral |
| B. | Must be in writing |
| C. | Can be either oral or in writing |
| D. | Must be in writing on a stamp paper |
| Answer» E. | |
| 430. |
The minimum number of members in a private limited company is _________. |
| A. | 2 |
| B. | 3 |
| C. | 7 |
| D. | 10 |
| Answer» B. 3 | |
| 431. |
Which of the following is not an ownership security? |
| A. | Equity shares |
| B. | Preference shares |
| C. | Debentures |
| D. | Both B and C |
| Answer» D. Both B and C | |
| 432. |
The minimum number of shareholders in a public limited company is __________. |
| A. | 2 |
| B. | 3 |
| C. | 5 |
| D. | 7 |
| Answer» E. | |
| 433. |
The term Capitalization is used in relation to __________. |
| A. | Sole-proprietorship |
| B. | Partnership |
| C. | Joint stock companies |
| D. | Co-operative societies |
| Answer» D. Co-operative societies | |
| 434. |
Business includes ____________. |
| A. | non-economic activities |
| B. | economic activities |
| C. | social activities |
| D. | production activities |
| Answer» C. social activities | |
| 435. |
The moral beliefs held by an individual. |
| A. | Values |
| B. | Rights |
| C. | Duties |
| D. | Personal |
| Answer» B. Rights | |
| 436. |
A sleeping partner is one who __________. |
| A. | contributes capital |
| B. | takes active part in the business |
| C. | contributes members |
| D. | contributes materials |
| Answer» B. takes active part in the business | |
| 437. |
Which of the following is not an economic activity? |
| A. | A doctor practicing |
| B. | A lawyer practicing law |
| C. | A professional cricketer playing cricket |
| D. | A student playing cricket |
| Answer» E. | |
| 438. |
SEBI was given statutory status on ___________. |
| A. | 3011992 |
| B. | 111992 |
| C. | 431992 |
| D. | 441992 |
| Answer» B. 111992 | |
| 439. |
The agent of brokers who obtain business for them are _________. |
| A. | remesiers |
| B. | trade agents |
| C. | middlemen |
| D. | taraniwala |
| Answer» B. trade agents | |
| 440. |
Which is created for technological purpose? |
| A. | formal organization |
| B. | informal organization |
| C. | business organization |
| D. | strategic organization |
| Answer» B. informal organization | |
| 441. |
Overall and strategic planning is done by the ___________. |
| A. | Top management |
| B. | Middle level management |
| C. | Supervisory level management |
| D. | All of the above |
| Answer» B. Middle level management | |
| 442. |
The method of evaluating the efficiency of workers is termed as _________. |
| A. | merit rating |
| B. | job evaluation |
| C. | filing |
| D. | indexing |
| Answer» B. job evaluation | |
| 443. |
A speculator who expects prices to fall in future and sell securities is called as ____________. |
| A. | bear |
| B. | bull |
| C. | stag |
| D. | lame duck |
| Answer» B. bull | |
| 444. |
The transitional period in the life of an expanding firm is called ___________ firm. |
| A. | pessimism |
| B. | ideal |
| C. | average |
| D. | good |
| Answer» C. average | |
| 445. |
Mimeograph is a ___________. |
| A. | stencil duplicator |
| B. | method of photocopying |
| C. | process of electrical photography |
| D. | process of blue printing |
| Answer» C. process of electrical photography | |
| 446. |
Which type of classification is based on alphabetical order? |
| A. | Alphabetical classification |
| B. | Numerical classification |
| C. | Subject wise classification |
| D. | Geographical classification |
| Answer» B. Numerical classification | |
| 447. |
A __________ firm would be able to reduce its risk by diversifying its products and markets. |
| A. | large scale |
| B. | small scale |
| C. | new |
| D. | none of the above |
| Answer» B. small scale | |
| 448. |
Registration of a partnership is ____________. |
| A. | compulsory |
| B. | voluntary |
| C. | statutory |
| D. | mandatory |
| Answer» C. statutory | |
| 449. |
__________ layout is not flexible. |
| A. | Product |
| B. | stationary |
| C. | functional |
| D. | combined |
| Answer» B. stationary | |
| 450. |
The term ________ is concerned with moral values. |
| A. | Ethics |
| B. | Business |
| C. | Profit |
| D. | Loss |
| Answer» B. Business | |