MCQOPTIONS
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				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.
| 201. | 
                                    A partnership firm cannot raise funds through _________.%! | 
                            
| A. | bank loan | 
| B. | partners loan | 
| C. | Debentures | 
| D. | partners capital | 
| Answer» D. partners capital | |
| 202. | 
                                    Localized materials are available at _________.%! | 
                            
| A. | all the places | 
| B. | certain places | 
| C. | central places | 
| D. | local places | 
| Answer» C. central places | |
| 203. | 
                                    The most important economic function of new issue market is to ___________.%! | 
                            
| A. | provide liquidity to securities | 
| B. | provide facilities for converting saving into investments | 
| C. | give proper direction to the flow of capital | 
| D. | give direction | 
| Answer» C. give proper direction to the flow of capital | |
| 204. | 
                                    Which of the following speculators expect fall in the prices of securities in the near future?%! | 
                            
| A. | Bull | 
| B. | Bear | 
| C. | Stag | 
| D. | Under inter | 
| Answer» C. Stag | |
| 205. | 
                                    Dividend and interest are _______.%! | 
                            
| A. | synonymous terms | 
| B. | different from each other | 
| C. | debited to profit and loss account | 
| D. | divisible profits | 
| Answer» D. divisible profits | |
| 206. | 
                                    Stock Exchanges in India are under the control of ____________.%! | 
                            
| A. | SEBI | 
| B. | SEC | 
| C. | RBI | 
| D. | financial Institution | 
| Answer» B. SEC | |
| 207. | 
                                    What is called to buying of shares by taking money from brokers?%! | 
                            
| A. | Margin trading | 
| B. | Curb dealing | 
| C. | Badla | 
| D. | Forward | 
| Answer» B. Curb dealing | |
| 208. | 
                                    *$_Which type of classification is based on the area of operation?? | 
                            
| A. | Alphabetical classification | 
| B. | Numerical classification | 
| C. | Subject wise classification | 
| D. | Geographical classification | 
| Answer» E. | |
| 209. | 
                                    *$_Guarantee for employer for the loss out of employee's dishonest is__________.? | 
                            
| A. | Burglary insurance | 
| B. | Fidelity insurance | 
| C. | third party insurance | 
| D. | medical insurance | 
| Answer» C. third party insurance | |
| 210. | 
                                    *$_Which type of shareholders does not have voting rights?? | 
                            
| A. | Equity shareholders | 
| B. | Preference shareholders | 
| C. | Deferred shareholders | 
| D. | Ordinary shareholders | 
| Answer» C. Deferred shareholders | |
| 211. | 
                                    *$_Co-operative societies have _________ management.? | 
                            
| A. | Government | 
| B. | Democratic | 
| C. | Autocratic | 
| D. | Private | 
| Answer» C. Autocratic | |
| 212. | 
                                    *$_The preference shares holders who have no claim for the arrears of dividend are _________ preference shares.? | 
                            
| A. | Cumulative | 
| B. | Non-cumulative | 
| C. | Redeemable | 
| D. | Irredeemable | 
| Answer» C. Redeemable | |
| 213. | 
                                    *$_Filing is an important aspect of _________.? | 
                            
| A. | record keeping | 
| B. | book keeping | 
| C. | house-keeping | 
| D. | time keeping | 
| Answer» D. time keeping | |
| 214. | 
                                    *$_A Bull speculator is also called as ___________.? | 
                            
| A. | mandiwala | 
| B. | tejiwala | 
| C. | tarawaniwalas | 
| D. | vaniwalas | 
| Answer» C. tarawaniwalas | |
| 215. | 
                                    *$_Except life insurance generally the maximum term of other insurance is ________ .? | 
                            
| A. | 12 months | 
| B. | 24 months | 
| C. | 6 months | 
| D. | 36 months | 
| Answer» B. 24 months | |
| 216. | 
                                    *$_Which machine is used for stamping outward mail?? | 
                            
| A. | Franking machine | 
| B. | Adding machine | 
| C. | Mailing machine | 
| D. | Accounting machine | 
| Answer» B. Adding machine | |
| 217. | 
                                    *$___________ is a machine which process text material on a page when operator strikes keys are arranged on the key boards.? | 
                            
| A. | Typewriter | 
| B. | Photocopier | 
| C. | Roller copier | 
| D. | Private | 
| Answer» B. Photocopier | |
| 218. | 
                                    *$__________ means a fraction of the capital of a company.? | 
                            
| A. | Stock | 
| B. | Exchange | 
| C. | Bear | 
| D. | Stag | 
| Answer» B. Exchange | |
| 219. | 
                                    *$_The first stock exchange in the world is _________.? | 
                            
| A. | Mumbai stock exchange | 
| B. | American stock exchange | 
| C. | London stock exchange | 
| D. | France stock exchange | 
| Answer» D. France stock exchange | |
| 220. | 
                                    *$_The preference shares which cannot be converted into equity shares are __________ preference shares.? | 
                            
| A. | cumulative | 
| B. | non-cumulative | 
| C. | redeemable | 
| D. | non-convertible | 
| Answer» E. | |
| 221. | 
                                    */*_Equity shareholders are the __________.? | 
                            
| A. | owners of the company | 
| B. | creditors of the company | 
| C. | debtors of the company | 
| D. | directors of the company | 
| Answer» B. creditors of the company | |
| 222. | 
                                    */*_The Insurer who grants a guarantee from the direct insurer is called as _________.? | 
                            
| A. | Direct Insurer | 
| B. | Ceding Insurer | 
| C. | Re-Insurer | 
| D. | Double Insurer | 
| Answer» D. Double Insurer | |
| 223. | 
                                    */*_The industry which is concerned with the breeding of plants or animals, which are used in reproduction is termed as ___________.? | 
                            
| A. | Construction industry | 
| B. | Extractive industry | 
| C. | Genetic Industry | 
| D. | Manufacturing industry | 
| Answer» D. Manufacturing industry | |
| 224. | 
                                    */*_One-man-one-vote - is the principle adopted by ________.? | 
                            
| A. | Partnership | 
| B. | Joint Stock Companies | 
| C. | Co-operative Societies | 
| D. | Sole proprietorship | 
| Answer» D. Sole proprietorship | |
| 225. | 
                                    */*_A written agreement signed by all partners is called _______.? | 
                            
| A. | Partnership Deed | 
| B. | Partnership agreement | 
| C. | Partnership contract | 
| D. | Partnership registration | 
| Answer» B. Partnership agreement | |
| 226. | 
                                    */*_Which of the following speculators expect fall in the prices of securities in the near future?? | 
                            
| A. | Bull | 
| B. | Bear | 
| C. | Stag | 
| D. | Under inter | 
| Answer» C. Stag | |
| 227. | 
                                    */*_Stock Exchanges in India are under the control of ____________.? | 
                            
| A. | SEBI | 
| B. | SEC | 
| C. | RBI | 
| D. | financial Institution | 
| Answer» B. SEC | |
| 228. | 
                                    */*_The most important economic function of new issue market is to ___________.? | 
                            
| A. | provide liquidity to securities | 
| B. | provide facilities for converting saving into investments | 
| C. | give proper direction to the flow of capital | 
| D. | give direction | 
| Answer» C. give proper direction to the flow of capital | |
| 229. | 
                                    */*_What is called to buying of shares by taking money from brokers?? | 
                            
| A. | Margin trading | 
| B. | Curb dealing | 
| C. | Badla | 
| D. | Forward | 
| Answer» B. Curb dealing | |
| 230. | 
                                    */*_Dividend and interest are _______.? | 
                            
| A. | synonymous terms | 
| B. | different from each other | 
| C. | debited to profit and loss account | 
| D. | divisible profits | 
| Answer» D. divisible profits | |
| 231. | 
                                    */*_The liability of a sole proprietor is _______.? | 
                            
| A. | Limited to the extent of his capital invested in the business | 
| B. | Limited to the extent of the value of business assets | 
| C. | Limited to the extent of the value of business assets and his all private assets | 
| D. | Limited value of the business assets | 
| Answer» D. Limited value of the business assets | |
| 232. | 
                                    */*_The minimum number of members required for registration of a co-operative society is ________.? | 
                            
| A. | 2 | 
| B. | 7 | 
| C. | 10 | 
| D. | 20 | 
| Answer» D. 20 | |
| 233. | 
                                    */*_The partnership entity is __________.? | 
                            
| A. | legal entity | 
| B. | legal entity and accountable entity | 
| C. | neither entity nor accountable entity | 
| D. | group of individuals without legal status | 
| Answer» C. neither entity nor accountable entity | |
| 234. | 
                                    */*_A manager with a share in the profits ______.? | 
                            
| A. | is only a servant of the firm | 
| B. | becomes a partner by the operation of law | 
| C. | becomes a partner by implied agreement | 
| D. | becomes a partner from status | 
| Answer» B. becomes a partner by the operation of law | |
| 235. | 
                                    */*_The liability of shareholders of a public company is limited to the _________.? | 
                            
| A. | nominal value of shares | 
| B. | extent of their private assets | 
| C. | paid up value of shares | 
| D. | accounts called up | 
| Answer» D. accounts called up | |
| 236. | 
                                    */*_Ploughing back of profits means __________.? | 
                            
| A. | earning of black money | 
| B. | dividends not claimed by shareholders | 
| C. | retaining the earnings | 
| D. | not paying dividends in a particular year | 
| Answer» D. not paying dividends in a particular year | |
| 237. | 
                                    */*_An association of 25 people not registered under the companies act, but carrying on business, is a/an _________.? | 
                            
| A. | partnership | 
| B. | private company | 
| C. | public company | 
| D. | illegal association | 
| Answer» E. | |
| 238. | 
                                    */*_An open office has the benefit of __________.? | 
                            
| A. | privacy | 
| B. | economy | 
| C. | efficiency | 
| D. | inflexibility | 
| Answer» C. efficiency | |
| 239. | 
                                    */*_The oldest form of business organization is _________.? | 
                            
| A. | partnership | 
| B. | sole proprietorship | 
| C. | joint stock company | 
| D. | co-operative undertaking | 
| Answer» C. joint stock company | |
| 240. | 
                                    */*_The primary function of an office is _______.? | 
                            
| A. | making, using and preserving records | 
| B. | remuneration personnel | 
| C. | carrying out the management policies | 
| D. | safeguarding of authority means | 
| Answer» B. remuneration personnel | |
| 241. | 
                                    */*_A valid definition of a business purpose is to ______.? | 
                            
| A. | Create a customer | 
| B. | Maximize profits | 
| C. | Serve the society | 
| D. | Increase the wealth of the firm | 
| Answer» B. Maximize profits | |
| 242. | 
                                    */*_The communication process is made up of various components. Which of the following is the actual physical product from the source?? | 
                            
| A. | Feedback | 
| B. | Filter | 
| C. | Message | 
| D. | Channel | 
| Answer» D. Channel | |
| 243. | 
                                    */*_Which of the speculator applies for new issues with a view to prompt resale?? | 
                            
| A. | Bull | 
| B. | Bear | 
| C. | Stag | 
| D. | Lame duck | 
| Answer» B. Bear | |
| 244. | 
                                    */*_The managerial grid consist of how many possible leadership styles?? | 
                            
| A. | 61 | 
| B. | 71 | 
| C. | 81 | 
| D. | 91 | 
| Answer» D. 91 | |
| 245. | 
                                    */*_Which function is regarded as the essence of management?? | 
                            
| A. | Planning | 
| B. | Organizing | 
| C. | Staffing | 
| D. | Co-ordination | 
| Answer» E. | |
| 246. | 
                                    */*_The financial market for short term funds is known as __________.? | 
                            
| A. | capital market | 
| B. | money market | 
| C. | bullion market | 
| D. | share market | 
| Answer» C. bullion market | |
| 247. | 
                                    */*_The __________ co-operative societies are formed to give financial help to small farmers and other poor sections of the society.? | 
                            
| A. | Consumers | 
| B. | Producers | 
| C. | Credit | 
| D. | Housing | 
| Answer» D. Housing | |
| 248. | 
                                    */*_Non-economic activities aim at __________.? | 
                            
| A. | social service | 
| B. | profit maximization | 
| C. | consumer satisfaction | 
| D. | wealth | 
| Answer» B. profit maximization | |
| 249. | 
                                    */*_Stationary layout is suitable for manufacturing ___________.? | 
                            
| A. | small products | 
| B. | light products | 
| C. | bulky products | 
| D. | technical items | 
| Answer» D. technical items | |
| 250. | 
                                    */*_Roller machine is also called as ____________ machine.? | 
                            
| A. | rotary | 
| B. | copy | 
| C. | multiple | 
| D. | single | 
| Answer» B. copy | |