MCQOPTIONS
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MCQOPTIONS
This section includes 255 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Mass Media (BMM) knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
A person who is employed by the seller to raise the price by fictitious bids. Suchperson is known as |
| A. | Puffer |
| B. | By bidder |
| C. | Decoy Ducks |
| D. | All of the above |
| Answer» E. | |
| 52. |
The liability of the partners will continue for the acts done before the dissolution, even after the dissolution, until |
| A. | Public notice is given of the dissolution |
| B. | Partners are getting the final payment |
| C. | Claim is demanded by the creditors |
| D. | The death of partners |
| Answer» B. Partners are getting the final payment | |
| 53. |
____________ is not a negotiable instrument as per customs and usage. |
| A. | Delivery note |
| B. | Railway Receipt |
| C. | Cheque |
| D. | Government promissory note |
| Answer» D. Government promissory note | |
| 54. |
Under Employee‘s State Insurance Act, in order to qualify for sickness benefit, theinsured worker is required to contribute for |
| A. | 70 days in a contribution period of 6 months. |
| B. | 78 days in a contribution period of 3 months. |
| C. | 91 days in a contribution period of 3 months. |
| D. | 78 days in a contribution period of 6 months. |
| Answer» E. | |
| 55. |
Under Factories Act, 1948, where work of the same kind is carried out by two or moresets of workers during different period of the day, each of such period is called a |
| A. | Relay |
| B. | Shift |
| C. | Recess |
| D. | Overtime |
| Answer» C. Recess | |
| 56. |
An agreement which is enforceable at the option of one or more parties thereto butnot at the option of other or others is called |
| A. | Void contract. |
| B. | Voidable contract. |
| C. | Void agreement. |
| D. | Unenforceable contract. |
| Answer» C. Void agreement. | |
| 57. |
The term 'family' as defined in ESI Act, 1948 does not include |
| A. | a spouse |
| B. | a minor adopted child |
| C. | a dependent unmarried daughter |
| D. | an independent married sister |
| Answer» E. | |
| 58. |
X sells the goodwill of his retail store to Y for `5 lacs and promises not to carry on thesame business for ever and anywhere in India. This agreement is: |
| A. | Valid |
| B. | Void |
| C. | Voidable |
| D. | Illegal |
| Answer» C. Voidable | |
| 59. |
To resolve the Ethical Conflict, following should not be considered. |
| A. | Relevant facts |
| B. | Alternative Course of action |
| C. | Arms Length |
| D. | Ethical issues involved |
| Answer» D. Ethical issues involved | |
| 60. |
Ethics are the set of moral principles that guide a person's |
| A. | Behaviour |
| B. | Philosophy |
| C. | Religion |
| D. | Profession |
| Answer» B. Philosophy | |
| 61. |
Who will not be considered as an employee? |
| A. | Canteen workers |
| B. | Casual workers |
| C. | Partners |
| D. | Part time employee |
| Answer» D. Part time employee | |
| 62. |
Where a company issues shares with differential right, the _____ should be maintainedunder Section 88 of Companies Act, 2013. |
| A. | List of share-holders |
| B. | Register of shares |
| C. | Register of Members |
| D. | List of shares |
| Answer» D. List of shares | |
| 63. |
Every employee shall be entitled to receive bonus from his employer in |
| A. | a financial year |
| B. | an accounting year |
| C. | a calendar year |
| D. | a manufacturing year |
| Answer» C. a calendar year | |
| 64. |
In case of e-voting, notice shall be sent as attachment in |
| A. | PDF file |
| B. | Word file |
| C. | Excel file |
| D. | Access file |
| Answer» B. Word file | |
| 65. |
A monthly return of contribution in the prescribed form 6 is required to be filed with the Commissioner within ……… days of the close of the month as per Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. |
| A. | 15 |
| B. | 20 |
| C. | 25 |
| D. | 30 |
| Answer» D. 30 | |
| 66. |
Cash is withdrawn by a customer of a bank from the automatic teller machine is an example of |
| A. | Express Contract |
| B. | Void Contract |
| C. | Tacit Contract |
| D. | Illegal Contract |
| Answer» D. Illegal Contract | |
| 67. |
The first case 'doctrine of frustration' as decided by the Supreme Court of India is |
| A. | BasantiBastralaya Vs. River Steam Navigation Co. Ltd. |
| B. | Raju Dhruv Dev Chand Vs. Raja Harmohinder Singh |
| C. | Sushila Devi Vs. Hard Singh |
| D. | Satyabrata Ghosh Vs. Mugneeram |
| Answer» E. | |
| 68. |
A bill of exchange, that is drawn accepted or endorsed without consideration iscalled |
| A. | Accommodation bill |
| B. | Promissory note |
| C. | Trade bill |
| D. | Bearer instrument |
| Answer» B. Promissory note | |
| 69. |
The first endorsement of an instrument can be made by the |
| A. | Banker |
| B. | Payee |
| C. | Holder in due course |
| D. | Agent |
| Answer» C. Holder in due course | |
| 70. |
Dependants benefit is paid at the rate of |
| A. | 60% of wages in the form of monthly payment. |
| B. | 75% of wages in the form of monthly payment. |
| C. | 80% of wages in the form of monthly payment. |
| D. | 90% of wages in the form of monthly payment. |
| Answer» E. | |
| 71. |
A proposal may be revoked at any time before |
| A. | the communication of acceptance |
| B. | the payment of consideration |
| C. | signing the agreement |
| D. | execution of the proposal |
| Answer» B. the payment of consideration | |
| 72. |
Writing of a person's name on the face or back of an instrument or on a slip of paperattached to it is known as |
| A. | Endorsement |
| B. | Transfer |
| C. | Negotiation |
| D. | Transmission |
| Answer» B. Transfer | |
| 73. |
Out of seven principles of public life, the principle of objectivity means |
| A. | holders of public office should take decisions solely in terms of the public interest. |
| B. | in carrying out public business including making public appointments, holders of public office should make choices on merit. |
| C. | holders of public office are accountable for their decision and actions to the public. |
| D. | holders of public office should be as open as possible about all the decisions and actions that they take. |
| Answer» C. holders of public office are accountable for their decision and actions to the public. | |
| 74. |
Which of the following agency is irrevocable under The Indian Contract Act, 1872? |
| A. | Agency for fixed period |
| B. | Agency for single transaction |
| C. | Agency coupled with interest |
| D. | Continuing agency |
| Answer» D. Continuing agency | |
| 75. |
Review of minimum wages is to be done at such interval not exceeding- |
| A. | 3 years |
| B. | 5 years |
| C. | 7 years |
| D. | 10 years |
| Answer» C. 7 years | |
| 76. |
Anusua and Shrita formed a partnership to undertake a construction of a shoppingcomplex in New Delhi. This partnership is called |
| A. | Partnership at will |
| B. | Particular partnership |
| C. | Unlimited partnership |
| D. | Partnership with undefined mission |
| Answer» C. Unlimited partnership | |
| 77. |
Business Ethics also called as Corporate Ethics is a form of |
| A. | Positive Ethics |
| B. | Applied Ethics |
| C. | Physical Ethics |
| D. | Practical Ethics |
| Answer» C. Physical Ethics | |
| 78. |
No fine can be imposed on any employed person who is under the age of |
| A. | 10 |
| B. | 12 |
| C. | 15 |
| D. | 18 |
| Answer» D. 18 | |
| 79. |
Intimation of the reconstitution of change in a registered partnership is to be given tothe Registrar of firms- |
| A. | No time limit |
| B. | Within 30 days |
| C. | Within 60 days |
| D. | Within 90 days. |
| Answer» B. Within 30 days | |
| 80. |
The Employees Provident Funds Act, 1952 is applicable to every establishment mentioned in schedule 1 and employed |
| A. | 10 persons or more |
| B. | 100 or more persons |
| C. | 20 or more persons |
| D. | 50 or more persons |
| Answer» D. 50 or more persons | |
| 81. |
There are many types of ethical conflicts in the |
| A. | Business place |
| B. | Office place |
| C. | Work place |
| D. | Public place |
| Answer» D. Public place | |
| 82. |
Hundi’s are Indigenous instrument written in ____________ language |
| A. | Vernacular |
| B. | Hindi |
| C. | English |
| D. | Sanskrit |
| Answer» B. Hindi | |
| 83. |
Gratuity shall be payable to an employee on the termination of his employment afterhe has rendered continuous service for not less than |
| A. | three years |
| B. | five years |
| C. | seven years |
| D. | ten years |
| Answer» C. seven years | |
| 84. |
K owns a residential flat in Chennai. He is entitled to quiet possession and enjoymentof his property. This is called – |
| A. | Rights in Personam |
| B. | Rights in Rem |
| C. | Constitutional Right |
| D. | There is no right at all |
| Answer» C. Constitutional Right | |
| 85. |
Which of the following is not an unpaid seller's right against the goods? |
| A. | The right of retention |
| B. | The right of stoppage in transit |
| C. | The right of seeking claim for damage |
| D. | The right of resale |
| Answer» D. The right of resale | |
| 86. |
Where seller delivers to the buyer a quantity of goods less than the contracted to sell,the buyer |
| A. | may reject them |
| B. | should not reject them as more quantity might be supplied. |
| C. | may resell them |
| D. | give less price for them. |
| Answer» B. should not reject them as more quantity might be supplied. | |
| 87. |
The amount of gratuity payable to an employee shall not exceed |
| A. | Ten months’ pay |
| B. | Twelve months’ pay |
| C. | Twenty months’ pay |
| D. | Twenty-five months’ pay |
| Answer» D. Twenty-five months’ pay | |
| 88. |
Who may negotiate? |
| A. | Drawer |
| B. | Payee |
| C. | All of the joint makers |
| D. | Any of (a) to (c) |
| Answer» E. | |
| 89. |
Where the endorser does not want that the endorsee or any other holder to incur anyexpense on his account is called |
| A. | Restrictive endorsement |
| B. | Sans frais endorsement |
| C. | Conditional endorsement |
| D. | Unwanted endorsement |
| Answer» C. Conditional endorsement | |
| 90. |
In case of an employee who has not completed 15 years of age at the beginning ofthe Accounting year, the minimum bonus will be |
| A. | `100 or 8.33% of salary or wages whichever is higher. |
| B. | ` 60 or 8.33% of salary or wages whichever is higher. |
| C. | ` 60 or 8.33% of salary or wages whichever is lower. |
| D. | 8.33% of salary or wages. |
| Answer» C. ` 60 or 8.33% of salary or wages whichever is lower. | |
| 91. |
Which one of the following is the subject matter of the contract? |
| A. | Existing or future goods |
| B. | Goods perishing before making contract |
| C. | Goods perishing before sale but after agreement to sell |
| D. | Any of the above. |
| Answer» E. | |
| 92. |
Under Payment of Bonus Act, 1965, in disputed cases, bonus must be paid |
| A. | Within 8 months from the close of the accounting year. |
| B. | Within 1 month from the date on which the award becomes enforceable. |
| C. | Within 2 months from the date on which the award becomes enforceable. |
| D. | Within 6 months from the date of closing of the accounting year. |
| Answer» C. Within 2 months from the date on which the award becomes enforceable. | |
| 93. |
An audit committee has four fold relationship and therefore has to interact with management, internal auditor, public and |
| A. | Cost auditor |
| B. | Statutory auditor |
| C. | Tax auditor |
| D. | Management auditor |
| Answer» C. Tax auditor | |
| 94. |
Under Industrial Disputes Act, Appropriate Government may require to constitute a workman committee on any day in the preceding 12 months, where an industrial establishment employs |
| A. | 250 or more workers |
| B. | 100 or more workers |
| C. | 500 or more workers |
| D. | 200 or more workers |
| Answer» C. 500 or more workers | |
| 95. |
Which of the following is not to be taken care while admitting a new partner? |
| A. | Computation of newprofit sharing ratio and sacrifice ratio |
| B. | Accounting treatment of goodwill |
| C. | Professional qualification of admitting partner |
| D. | Revaluation of assets and liabilities |
| Answer» D. Revaluation of assets and liabilities | |
| 96. |
As per the Minimum Wages Act 1948, Adolescent means a person who hascompleted the age of 14 years but not completed the age of |
| A. | 15 |
| B. | 14 |
| C. | 21 |
| D. | 18 |
| Answer» E. | |
| 97. |
The fee payable for registration of LLP whose contribution exceeds `10 lakhs is |
| A. | `500/- |
| B. | ` 2000/- |
| C. | ` 4000/- |
| D. | ` 5000/- |
| Answer» E. | |
| 98. |
Holders of public office should not place themselves under any financial or other obligation to outside individuals or organizations that might influence them in the performance or their official duties. This principle of public life is called |
| A. | Selflessness |
| B. | Honesty |
| C. | Objectivity |
| D. | Integrity |
| Answer» E. | |
| 99. |
Under Payment of wages Act, 1963, in any factory, in which 1200 persons are employed, wages must be paid |
| A. | any time |
| B. | before the expiry of 10th day of the following month |
| C. | before the close of the month |
| D. | before the expiry of 7th day of the following month |
| Answer» C. before the close of the month | |
| 100. |
An instrument of the proxy shall be deposited with the registered office of thecompany before ____________ hours of the conduct of the meeting. |
| A. | 7 hours |
| B. | 21 hours |
| C. | 48 hours |
| D. | 60 hours |
| Answer» D. 60 hours | |