MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
__Nature of the product is the vital factor,which influences the _________ of the units.__ |
| A. | size |
| B. | profit |
| C. | sales |
| D. | Demand |
| Answer» B. profit | |
| 2. |
__Which shareholders are the real owners of the company?__ |
| A. | Equity shareholders |
| B. | Preference shareholders |
| C. | Deferred shareholders |
| D. | Convertible preference shareholders |
| Answer» B. Preference shareholders | |
| 3. |
__Office is to a business what the mainspring is to watch by ____________.__ |
| A. | G R Terry |
| B. | Lawrence S R Dicksee |
| C. | Standing ford |
| D. | Mill |
| Answer» B. Lawrence S R Dicksee | |
| 4. |
_The difference between the actual price and excess price of a share is called as ____________.$? |
| A. | Discount |
| B. | Forfeiture |
| C. | Premium |
| D. | Surplus |
| Answer» D. Surplus | |
| 5. |
_Profession involves _________.$? |
| A. | Rendering of personal service |
| B. | Undertaking a business |
| C. | Undertaking a contract |
| D. | Profit motive |
| Answer» B. Undertaking a business | |
| 6. |
__________ are the most important source of short term capital.$? |
| A. | Commercial banks |
| B. | Trade credit |
| C. | Installment credit |
| D. | Advances |
| Answer» B. Trade credit | |
| 7. |
_The constitution of the IRDA consists of not more than _________ members.$? |
| A. | 10 members |
| B. | 7 members |
| C. | 9 members |
| D. | 8 members |
| Answer» D. 8 members | |
| 8. |
_Working capital means _________.$? |
| A. | Current asset plus current liability |
| B. | Current asset minus current liability |
| C. | Fixed asset plus current asset |
| D. | Fixed asset minus current asset |
| Answer» C. Fixed asset plus current asset | |
| 9. |
_Members of Bombay stock exchange are unofficially classified into ___________.$? |
| A. | brokers and jobbers |
| B. | brokers and tarawaniwalas |
| C. | jobbers and tarawaniwalas |
| D. | there is no such classification of members of stock exchange |
| Answer» C. jobbers and tarawaniwalas | |
| 10. |
_The most common method used for marketing of new securities is _________.$? |
| A. | sale of existing shareholders |
| B. | stock exchange placing |
| C. | direct sale to public through prospectus |
| D. | sale to biometers |
| Answer» D. sale to biometers | |
| 11. |
_A bearer of a share warrant of a company is _____.$? |
| A. | a creditor of the company |
| B. | a member of the company |
| C. | a member subject to certain conditions |
| D. | not a member of the company |
| Answer» E. | |
| 12. |
_Indexing is an important ________.$? |
| A. | method of filing |
| B. | method of maintaining account books |
| C. | aid to filing |
| D. | method of maintaining statistical books |
| Answer» C. aid to filing | |
| 13. |
_When a right to sell a security is acquired, it is known as __________.$? |
| A. | call option |
| B. | put option |
| C. | double option |
| D. | single option |
| Answer» C. double option | |
| 14. |
_In case of minor acting as a partner, his personal properties are ________.$? |
| A. | Liable for the debts of the firm |
| B. | Not liable for the debts of the firm |
| C. | Partly liable for the debts of the firm |
| D. | Only debts of the firm |
| Answer» C. Partly liable for the debts of the firm | |
| 15. |
_The liability of members of a co-operative society is _________.$? |
| A. | limited to the amount of nominal value of capital held |
| B. | limited to the amount of paid up value of the capital held |
| C. | unlimited |
| D. | limited or unlimited depending upon what the society has opted for it |
| Answer» E. | |
| 16. |
_Dividend on preference capital will be paid _________.$? |
| A. | only when there are profits |
| B. | even if there are no profits |
| C. | only when directors recommend |
| D. | only when share holders recommend |
| Answer» D. only when share holders recommend | |
| 17. |
_Liability of partners in respect of the firms debts is _______.$? |
| A. | limited up to the amount of his capital in the business |
| B. | Unlimited |
| C. | limited up to the amount of guarantee given by the partner |
| D. | limited up the amount of his capital and loan to the firm if any |
| Answer» E. | |
| 18. |
_A Joint stock company is governed by _______.$? |
| A. | Companies Act 2006 |
| B. | Companies Act 1936 |
| C. | Companies Act 2012 |
| D. | Companies Act 2013 |
| Answer» E. | |
| 19. |
_In which of the following, interest / dividend is payable even if the company does not earn profit?$? |
| A. | Equity capital |
| B. | Preference capital |
| C. | Debentures |
| D. | All of above |
| Answer» D. All of above | |
| 20. |
_A private company should have at least _________ members.$? |
| A. | 2 |
| B. | 7 |
| C. | 10 |
| D. | 50 |
| Answer» B. 7 | |
| 21. |
_Over-capitalization results from __________.$? |
| A. | payment of excessive amount for goodwill |
| B. | underestimating the rate of capitalization |
| C. | raising more money than can be profitably used |
| D. | raising only the money |
| Answer» D. raising only the money | |
| 22. |
_Office is a place where ___________.$? |
| A. | office work is done |
| B. | employees are housed |
| C. | records are kept |
| D. | control is situated |
| Answer» B. employees are housed | |
| 23. |
_Ethics is derived from the Greek word.$? |
| A. | ethos |
| B. | etho |
| C. | ethic |
| D. | ethical |
| Answer» B. etho | |
| 24. |
_The principle of indemnity does not apply to __________.$? |
| A. | Burglary insurance |
| B. | Fire Insurance |
| C. | Marine Insurance |
| D. | Life and Personal Accident insurance |
| Answer» E. | |
| 25. |
_Which of the following is an extractive industry?$? |
| A. | Cattle breeding |
| B. | Forest cultivation |
| C. | Hunting |
| D. | Flour mills |
| Answer» D. Flour mills | |
| 26. |
____________ means a method of filing while indexing.$? |
| A. | Classification |
| B. | Trays |
| C. | Page Index |
| D. | Visible Books |
| Answer» B. Trays | |
| 27. |
_LIC of India is an example of __________.$? |
| A. | department organization of the central government |
| B. | government company |
| C. | public corporation |
| D. | private corporation |
| Answer» D. private corporation | |
| 28. |
_While delegating, a superior delegates____________.$? |
| A. | Only authority |
| B. | Authority and responsibility |
| C. | Authority, responsibility and accountability |
| D. | Authority and responsibility but not accountability |
| Answer» B. Authority and responsibility | |
| 29. |
_The Era of Scientific management is __________.$? |
| A. | 1880 - 1930 |
| B. | 1880 - 1931 |
| C. | 1880 - 1932 |
| D. | 1880 - 1933 |
| Answer» D. 1880 - 1933 | |
| 30. |
_When at least 51% shares are in the hands of government, it is called as __________.$? |
| A. | public corporation |
| B. | government company |
| C. | public company |
| D. | private company |
| Answer» C. public company | |
| 31. |
_Speculators who apply for shares in new companies and expect to sell them at a premium are called as ___________.$? |
| A. | bear |
| B. | bull |
| C. | stag |
| D. | lame duck |
| Answer» D. lame duck | |
| 32. |
_____________ Machine is used to point addresses of the customers or clients on outgoing mail.$? |
| A. | Accounting |
| B. | Addressing |
| C. | Franking |
| D. | Listing |
| Answer» C. Franking | |
| 33. |
_Xerography is a process of ___________.$? |
| A. | electrical photography |
| B. | blue printing |
| C. | fixing stamps |
| D. | printing address |
| Answer» C. fixing stamps | |
| 34. |
_For synthetic type of production _________ lay out is preferable.$? |
| A. | combined |
| B. | line |
| C. | stationary |
| D. | process |
| Answer» C. stationary | |
| 35. |
_Which type of adding machine provides a printed record?$? |
| A. | Listing machine |
| B. | Non-listing machine |
| C. | Numbering machine |
| D. | Stamping matching |
| Answer» B. Non-listing machine | |
| 36. |
_Security merchants dealing in shares, independent operators are called ___________.$? |
| A. | Brokers |
| B. | Jobber |
| C. | tarawaniwalas |
| D. | mandiwalas |
| Answer» C. tarawaniwalas | |
| 37. |
Maintenance of records is the _________ functions of an office.$? |
| A. | direct |
| B. | indirect |
| C. | basic |
| D. | private |
| Answer» D. private | |
| 38. |
Business risks can be _________.$? |
| A. | avoided |
| B. | reduced |
| C. | ignored |
| D. | erased |
| Answer» C. ignored | |
| 39. |
__________ scale firms enjoy economies of scale.$? |
| A. | Complex |
| B. | Medium |
| C. | Large |
| D. | Small |
| Answer» D. Small | |
| 40. |
Public deposits obtained by a company means __________.$? |
| A. | deposits received from government |
| B. | deposits received from public at large |
| C. | deposits received from stockiest and agent as advance |
| D. | deposit received from share holders |
| Answer» C. deposits received from stockiest and agent as advance | |
| 41. |
Preference shares are those which carry preferential right in respect of _________.$? |
| A. | dividends |
| B. | repayment of capital |
| C. | both dividend and repayment of capital |
| D. | right to vote on all important motions in AGM |
| Answer» D. right to vote on all important motions in AGM | |
| 42. |
The limit for maximum number of members in a public company is restricted to _________.$? |
| A. | 2000 |
| B. | 5000 |
| C. | 10000 |
| D. | no limit |
| Answer» E. | |
| 43. |
The most important advantage of a joint stock company form of business organization is that _________.$? |
| 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 |
| Answer» C. it offers infinite scope for expansion | |
| 44. |
In case of ________ layout, production is carried on in special purpose machine.$? |
| A. | functional |
| B. | product |
| C. | stationary |
| D. | combined |
| Answer» C. stationary | |
| 45. |
In which method of filing, a spike is fixed in a wooden or a metal base?$? |
| A. | Pigeon-hole method |
| B. | The spike file |
| C. | Card board filing |
| D. | Box filing |
| Answer» C. Card board filing | |
| 46. |
The OTC Exchange of India is a company incorporated under the Companies Act __________.$? |
| A. | 1956 |
| B. | 1966 |
| C. | 1955 |
| D. | 1957 |
| Answer» B. 1966 | |
| 47. |
The person who deals in shares, debentures as independent operators are called as _________.$? |
| A. | brokers |
| B. | jobbers |
| C. | tarawaniwalas |
| D. | manidiwalls |
| Answer» C. tarawaniwalas | |
| 48. |
A representative firm works under __________ conditions.$? |
| A. | average |
| B. | ideal |
| C. | bad |
| D. | good |
| Answer» B. ideal | |
| 49. |
The building used by the professional is called _________ office.$? |
| A. | Quiet |
| B. | Sound |
| C. | Big |
| D. | Small |
| Answer» B. Sound | |
| 50. |
Which of the following methods of filing do you recommend for a large size undertaking?$? |
| A. | Pigeon hole system |
| B. | Spike files |
| C. | Box files |
| D. | Vertical filing |
| Answer» E. | |