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.
| 51. |
The management of the company is entrusted to __________. |
| A. | romoters |
| B. | mployees |
| C. | hare holders |
| D. | oard of Directors |
| Answer» E. | |
| 52. |
A project, which may not add to the existing profits, should be financed by __________. |
| A. | ebentures |
| B. | reference share capital |
| C. | quity capital |
| D. | ublic deposits |
| Answer» C. quity capital | |
| 53. |
Preference shares are those which carry preferential right in respect of _________. |
| A. | ividends |
| B. | epayment of capital |
| C. | oth dividend and repayment of capital |
| D. | ight to vote on all important motions in AGM |
| Answer» D. ight to vote on all important motions in AGM | |
| 54. |
A partnership firm cannot raise funds through _________. |
| A. | ank loan |
| B. | artners loan |
| C. | ebentures |
| D. | artners capital |
| Answer» D. artners capital | |
| 55. |
A private company should have at least __________. |
| A. | members |
| B. | members |
| C. | 0 members |
| D. | 0 members |
| Answer» B. members | |
| 56. |
The limit for maximum number of members in a public company is restricted to _________. |
| A. | 000 |
| B. | 000 |
| C. | 0000 |
| D. | o limit |
| Answer» E. | |
| 57. |
Localized materials are available at _________. |
| A. | ll the places |
| B. | ertain places |
| C. | entral places |
| D. | ocal places |
| Answer» C. entral places | |
| 58. |
In the co-operative organization, the voting rights of members are __________. |
| A. | n proportion to the capital paid by each member |
| B. | qual, irrespective of amount of capital contribution |
| C. | n proportion to the nominal value of capital held by each member |
| D. | n proportion to the total finance supplied including the amount of loan by each member |
| Answer» C. n proportion to the nominal value of capital held by each member | |
| 59. |
The most important advantage of a joint stock company form of business organization is that _________. |
| A. | he liability of its member is limited |
| B. | embers can conveniently transfer their shares |
| C. | t offers infinite scope for expansion |
| D. | t mobilizes vast amount of financial resources |
| Answer» C. t offers infinite scope for expansion | |
| 60. |
The first stock exchange in the world is _________. |
| A. | umbai stock exchange |
| B. | merican stock exchange |
| C. | ondon stock exchange |
| D. | rance stock exchange |
| Answer» D. rance stock exchange | |
| 61. |
The first organized stock exchange was set up in the year __________. |
| A. | 887 |
| B. | 992 |
| C. | 991 |
| D. | 994 |
| Answer» B. 992 | |
| 62. |
Which shareholders are the real owners of the company? |
| A. | quity shareholders |
| B. | reference shareholders |
| C. | eferred shareholders |
| D. | onvertible preference shareholders |
| Answer» B. reference shareholders | |
| 63. |
A representative firm works under __________ conditions. |
| A. | verage |
| B. | deal |
| C. | ad |
| D. | ood |
| Answer» B. deal | |
| 64. |
The preference shares which cannot be converted into equity shares are __________ preference shares. |
| A. | umulative |
| B. | on-cumulative |
| C. | edeemable |
| D. | on-convertible |
| Answer» E. | |
| 65. |
Which is the first procedure for dealing at stock exchange? |
| A. | lacing an order |
| B. | election of broker |
| C. | ontract note |
| D. | ettlement |
| Answer» C. ontract note | |
| 66. |
Office is to a business what the mainspring is to watch by ____________. |
| A. | R Terry |
| B. | awrence S R Dicksee |
| C. | tanding ford |
| D. | ill |
| Answer» B. awrence S R Dicksee | |
| 67. |
The person who deals in shares, debentures as independent operators are called as _________. |
| A. | rokers |
| B. | obbers |
| C. | arawaniwalas |
| D. | anidiwalls |
| Answer» C. arawaniwalas | |
| 68. |
__________ is a machine which process text material on a page when operator strikes keys are arranged on the key boards. |
| A. | ypewriter |
| B. | hotocopier |
| C. | oller copier |
| D. | rivate |
| Answer» B. hotocopier | |
| 69. |
Horizontal filing is also called as _______. |
| A. | ox filing |
| B. | lat filing |
| C. | pen filing |
| D. | illar filing |
| Answer» C. pen filing | |
| 70. |
_________ means a place for purchasing and selling something. |
| A. | xchange |
| B. | tock |
| C. | tag |
| D. | ear |
| Answer» B. tock | |
| 71. |
In which method of filing, a spike is fixed in a wooden or a metal base? |
| A. | igeon-hole method |
| B. | he spike file |
| C. | ard board filing |
| D. | ox filing |
| Answer» C. ard board filing | |
| 72. |
Which machine is used for stamping outward mail? |
| A. | ranking machine |
| B. | dding machine |
| C. | ailing machine |
| D. | ccounting machine |
| Answer» B. dding machine | |
| 73. |
_________is an instrument which reproduces sound at a distance by means of electricity. |
| A. | ypewriter |
| B. | elephone |
| C. | AX |
| D. | hotocopier |
| Answer» C. AX | |
| 74. |
PBX stands for __________. |
| A. | rivate Book Exchange |
| B. | rivate Branch Exchange |
| C. | rivate Block Exchange |
| D. | rivate Business Exchange |
| Answer» C. rivate Block Exchange | |
| 75. |
The OTC Exchange of India is a company incorporated under the Companies Act __________. |
| A. | 956 |
| B. | 966 |
| C. | 955 |
| D. | 957 |
| Answer» B. 966 | |
| 76. |
_________ means a fraction of the capital of a company. |
| A. | tock |
| B. | xchange |
| C. | ear |
| D. | tag |
| Answer» B. xchange | |
| 77. |
_________ refers to a smaller area. |
| A. | ite |
| B. | tate |
| C. | istrict |
| D. | ountry |
| Answer» B. tate | |
| 78. |
Nature of the product is the vital factor,which influences the _________ of the units. |
| A. | ize |
| B. | rofit |
| C. | ales |
| D. | emand |
| Answer» B. rofit | |
| 79. |
In case of ________ layout, production is carried on in special purpose machine. |
| A. | unctional |
| B. | roduct |
| C. | tationary |
| D. | ombined |
| Answer» C. tationary | |
| 80. |
The oldest form of business organization is _________. |
| A. | artnership |
| B. | ole proprietorship |
| C. | oint stock company |
| D. | o-operative undertaking |
| Answer» C. oint stock company | |
| 81. |
The interests and rights of customers are given top priority. |
| A. | he Vendor Model |
| B. | he Civic Model |
| C. | he Austre Model |
| D. | he Artistic Model |
| Answer» B. he Civic Model | |
| 82. |
Ethics is derived from the Greek word. |
| A. | thos |
| B. | tho |
| C. | thic |
| D. | thical |
| Answer» B. tho | |
| 83. |
Which type of shareholders does not have voting rights? |
| A. | quity shareholders |
| B. | reference shareholders |
| C. | eferred shareholders |
| D. | rdinary shareholders |
| Answer» C. eferred shareholders | |
| 84. |
The optimum point is an _________ size of a firm. |
| A. | deal |
| B. | verage |
| C. | ver |
| D. | xtra |
| Answer» B. verage | |
| 85. |
The return of shares to the company is known as ___________. |
| A. | urrender of shares |
| B. | ransmission of shares |
| C. | edeemable shares |
| D. | rredeemable shares |
| Answer» B. ransmission of shares | |
| 86. |
When a transfer of shares takes place by the operation of law, it is known as ____________. |
| A. | urrender of shares |
| B. | ransmission of shares |
| C. | edeemable shares |
| D. | rredeemable shares |
| Answer» C. edeemable shares | |
| 87. |
Co-operative societies have _________ management. |
| A. | overnment |
| B. | emocratic |
| C. | utocratic |
| D. | rivate |
| Answer» C. utocratic | |
| 88. |
_________ societies are voluntary associations of farmers framed to reap me benefits of large scale farming an scientific lines. |
| A. | o-operative farming |
| B. | onsumers |
| C. | roducers |
| D. | arketing |
| Answer» B. onsumers | |
| 89. |
Which co-operative societies are helpful to their members in purchasing land and constructing houses? |
| A. | onsumers |
| B. | roducers |
| C. | arketing |
| D. | ousing |
| Answer» E. | |
| 90. |
The _________ co-operatives are associations of producers for selling their products at remunerative prices. |
| A. | onsumers |
| B. | roducers |
| C. | arketing |
| D. | ousing |
| Answer» D. ousing | |
| 91. |
The preference shares holders who have no claim for the arrears of dividend are _________ preference shares. |
| A. | umulative |
| B. | on-cumulative |
| C. | edeemable |
| D. | rredeemable |
| Answer» C. edeemable | |
| 92. |
The debentures are given a security on assets are called as ________ debentures. |
| A. | nsecured |
| B. | ecured |
| C. | earer |
| D. | egistered |
| Answer» C. earer | |
| 93. |
The debentures are not given any security on assets are called as ________ debentures. |
| A. | nsecured |
| B. | ecured |
| C. | earer |
| D. | egistered |
| Answer» B. ecured | |
| 94. |
A ________ is an acknowledgement of a debt. |
| A. | hare |
| B. | ebenture |
| C. | quity share |
| D. | reference share |
| Answer» C. quity share | |
| 95. |
A Bull speculator is also called as ___________. |
| A. | andiwala |
| B. | ejiwala |
| C. | arawaniwalas |
| D. | aniwalas |
| Answer» C. arawaniwalas | |
| 96. |
Importing goods for the purpose of re-export is termed as ___________. |
| A. | ntrepot trade |
| B. | mport trade |
| C. | xport trade |
| D. | holesale trade |
| Answer» B. mport trade | |
| 97. |
OTCEI stands for ___________. |
| A. | ver The Counter Exchange Of India |
| B. | ver The Country Exchange Of India |
| C. | ver The Comparison Exchange Of India |
| D. | ver The Company Exchange Of India |
| Answer» B. ver The Country Exchange Of India | |
| 98. |
Life insurance in its present form came to India from ___________. |
| A. | he United Kingdom |
| B. | he USA |
| C. | anada |
| D. | ermany |
| Answer» B. he USA | |
| 99. |
Filing is an important aspect of _________. |
| A. | ecord keeping |
| B. | ook keeping |
| C. | ouse-keeping |
| D. | ime keeping |
| Answer» D. ime keeping | |
| 100. |
The office management simply means to ___________. |
| A. | liminate |
| B. | ithdraw |
| C. | ontrol |
| D. | ecide |
| Answer» D. ecide | |