MCQOPTIONS
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This section includes 6 Mcqs, each offering curated multiple-choice questions to sharpen your Business Studies knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Cartel is a form |
| A. | Federation |
| B. | Trade association |
| C. | Chamber of commerce |
| D. | Complete consolidation |
| Answer» B. Trade association | |
| 2. |
According to Haney, ‘excessive competition’ served as a _________ force in leading to the formation of business combinations. |
| A. | Beckoning |
| B. | Driving |
| C. | Facilitating |
| D. | Compelling |
| Answer» C. Facilitating | |
| 3. |
Complete consolidation as a class of business combination may include |
| A. | Mergers and acquisitions |
| B. | Pools and cartels |
| C. | Trusts and holding companies |
| D. | Trade associations and chambers of commerce |
| Answer» B. Pools and cartels | |
| 4. |
The capital of a company is divided into a number of parts, each one of which are called: |
| A. | Dividend |
| B. | Profit |
| C. | Interest |
| D. | Share |
| Answer» E. | |
| 5. |
In a cooperative society the principle is followed: |
| A. | One share one vote |
| B. | One man one vote |
| C. | No vote |
| D. | Multiple votes |
| Answer» C. No vote | |
| 6. |
What is the minimum number of persons required to form a co-operative society? |
| A. | 2 |
| B. | 7 |
| C. | 10 |
| D. | 20 |
| Answer» C. 10 | |