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. |
According to the Partnership Act, the maximum number of partners in a banking firm may be- |
| A. | 10 |
| B. | 12 |
| C. | 4 |
| D. | 20 |
| Answer» B. 12 | |
| 2. |
The first electronic computer system was developed in— |
| A. | 1920 |
| B. | 1940 |
| C. | 1930 |
| D. | 1950 |
| Answer» C. 1930 | |
| 3. |
Letter of Credit is presented by- |
| A. | Exporter |
| B. | Importer |
| C. | Custom Officer |
| D. | Shipping Company |
| Answer» C. Custom Officer | |
| 4. |
Dissolution of Partnership takes place when- |
| A. | A partner misbehaves |
| B. | A partner becomes of unsound mind |
| C. | Business is running at a loss |
| D. | A partner dies |
| Answer» E. | |
| 5. |
In which State the Mitakshara form of H.U.F. business does not apply ? |
| A. | Rajasthan |
| B. | Gujarat |
| C. | West Bengal |
| D. | Kerala |
| Answer» D. Kerala | |
| 6. |
Indian Partnership Act was passed in the year- |
| A. | 1956 |
| B. | 1936 |
| C. | 1932 |
| D. | 1930 |
| Answer» D. 1930 | |
| 7. |
An Index is- |
| A. | A filing system |
| B. | A photostat procedure |
| C. | The procedure to collect data |
| D. | An important help in filing |
| Answer» E. | |
| 8. |
The existence of a Partnership Firm is- |
| A. | Separate from partners |
| B. | Not separate from partners |
| C. | Both 1 and 2 |
| D. | None of the above |
| Answer» C. Both 1 and 2 | |
| 9. |
The Secretary of a Company should file copies of Special Resolution passed at Extraordinary General Meeting to the Registrar of Companies within— |
| A. | 7 days |
| B. | 14 days |
| C. | 21 days |
| D. | 30 days |
| Answer» E. | |
| 10. |
When three sugar mills combine, it is an example of— |
| A. | Vertical combination |
| B. | Horizontal combination |
| C. | Diagonal combination |
| D. | None of the above |
| Answer» C. Diagonal combination | |
| 11. |
What is the quorum of General Meetings in the case of a Private Company ? |
| A. | 2 members |
| B. | 3 members |
| C. | 4 members |
| D. | 5 members |
| Answer» B. 3 members | |
| 12. |
Which among the following documents defines the relationship between a company and outsiders ? |
| A. | Memorandum of Association |
| B. | Articles of Association |
| C. | Prospectus |
| D. | None of the above |
| Answer» B. Articles of Association | |
| 13. |
Registration is not essential in case of a- |
| A. | Company |
| B. | Co-operative organisation |
| C. | Co-operative Societies |
| D. | Business of Joint Hindu Family |
| Answer» E. | |
| 14. |
Which of these must hold a Statutory Meeting ? |
| A. | Public Limited Company |
| B. | Private Company |
| C. | Unlimited Company |
| D. | All of these |
| Answer» B. Private Company | |
| 15. |
The Meeting of Board of Directors must be called at least once- |
| A. | In four months |
| B. | In three months |
| C. | In two months |
| D. | In one month |
| Answer» C. In two months | |
| 16. |
Dividend paid between two Annual General Meetings is known as |
| A. | Final dividend |
| B. | Interim dividend |
| C. | Special dividend |
| D. | None of the above |
| Answer» C. Special dividend | |
| 17. |
Statement containing details of items to be considered in a meeting is called- |
| A. | Agenda |
| B. | Minutes |
| C. | Resolution |
| D. | Notice |
| Answer» E. | |
| 18. |
The gap between two General Meetings of the Company should not be more than- |
| A. | 12 months |
| B. | 18 months |
| C. | 15 months |
| D. | 20 months |
| Answer» D. 20 months | |
| 19. |
In a Private Company there are restrictions regarding- |
| A. | Transfer of shares |
| B. | Issue of prospectus |
| C. | Number of members |
| D. | All of the above |
| Answer» E. | |
| 20. |
By which of the following methods a Company Secretary can be removed from his post ? |
| A. | By passing a resolution in Board Meeting |
| B. | By order of Registrar of Companies |
| C. | By passing a resolution in Annual General Meeting |
| D. | None of the above |
| Answer» B. By order of Registrar of Companies | |
| 21. |
What is the maximum limit of remuneration for a whole time manager in a company ? |
| A. | 3% of net annual profit |
| B. | 5% of net annual profit |
| C. | 7% of net annual profit |
| D. | None of the above |
| Answer» C. 7% of net annual profit | |
| 22. |
The ‘Doctrine of Indoor Management’ provides protection to the- |
| A. | Board of Directors |
| B. | Shareholders |
| C. | Managing Director |
| D. | Outsiders |
| Answer» E. | |
| 23. |
The minimum and maximum number of members in a Private Company is- |
| A. | 2 and 50 |
| B. | 2 and 20 |
| C. | 2 and 10 |
| D. | None of the above |
| Answer» B. 2 and 20 | |
| 24. |
Which management functions are closely related to ? |
| A. | Planning and Organising |
| B. | Organising and Staffing |
| C. | Staffing and Control |
| D. | Planning and Control |
| Answer» E. | |
| 25. |
The 'Principle of Exception' states that management should |
| A. | Check everything without exception |
| B. | Invariably take corrective action without exception |
| C. | Accept exceptions in emergencies |
| D. | Concentrate their attention on exceptions |
| Answer» E. | |
| 26. |
Memorandum of Association contains— |
| A. | Objective clause |
| B. | Name clause |
| C. | Capital clause |
| D. | All of the above |
| Answer» E. | |
| 27. |
Which of the following is not a component of ‘SWOT Analysis’ ? |
| A. | Threats |
| B. | Strengths |
| C. | Weaknesses |
| D. | Options |
| Answer» E. | |
| 28. |
Grapevine communication is a type of- |
| A. | Formal communication |
| B. | Informal communication |
| C. | Horizontal communication |
| D. | Vertical communication |
| Answer» C. Horizontal communication | |
| 29. |
Organisational change is necessitated by- |
| A. | External environmental pressure |
| B. | Internal strengths and weaknesses |
| C. | Sequential changes |
| D. | All the above |
| Answer» E. | |
| 30. |
Match List-I with List-II and select the correct answer from the codes given below-List-I (a) Planning (b) Staffing (c) Directing (d) Controlling List-II1. Training2. Forecasting3. Evaluating4. MotivatingCodes :(a) (b) (c) (d) |
| A. | 2 4 1 3 |
| B. | 1 2 3 4 |
| C. | 2 1 4 3 |
| D. | 3 4 2 1 |
| Answer» D. 3 4 2 1 | |
| 31. |
‘Table A’ is an alternative to- |
| A. | Prospectus |
| B. | Articles of Association |
| C. | Memorandum of Association |
| D. | None of the above |
| Answer» C. Memorandum of Association | |
| 32. |
Franking machine is used for- |
| A. | Specimen signature |
| B. | Postage stamps |
| C. | Arrival and departure timings |
| D. | None of the above |
| Answer» C. Arrival and departure timings | |
| 33. |
The process of evaluating employees is called- |
| A. | Performance appraisal |
| B. | Recruitment |
| C. | Induction |
| D. | Job evaluation |
| Answer» B. Recruitment | |
| 34. |
Strategy is used in— |
| A. | Military |
| B. | Business |
| C. | Industry |
| D. | All of the above |
| Answer» E. | |
| 35. |
The last step of communication process is- |
| A. | Controlling |
| B. | Implementation |
| C. | Correction |
| D. | Reaction |
| Answer» E. | |
| 36. |
Personal selling includes— |
| A. | Selling |
| B. | Services to the customers |
| C. | Developing goodwill of the firm |
| D. | All of the above |
| Answer» E. | |
| 37. |
‘3-D’ Model of leadership is propounded by— |
| A. | Likert Reinsis |
| B. | Kurt Levis |
| C. | William Ridin |
| D. | Henry Fayol |
| Answer» D. Henry Fayol | |
| 38. |
The principle of 'Unity of Command' was introduced by- |
| A. | Elton Mayo |
| B. | Henry Fayol |
| C. | F. W. Taylor |
| D. | Urwick |
| Answer» C. F. W. Taylor | |
| 39. |
Standard costing is a technique of- |
| A. | Planning |
| B. | Organising |
| C. | Coordination |
| D. | Control |
| Answer» E. | |
| 40. |
Decentralisation-- |
| A. | Reduces burden of chief executives |
| B. | Increases burden of chief executives |
| C. | Does not effect burden |
| D. | None of the above |
| Answer» B. Increases burden of chief executives | |
| 41. |
Which is the oldest form of organisation ? |
| A. | Line |
| B. | Line and staff |
| C. | Functional |
| D. | Matrix |
| Answer» B. Line and staff | |
| 42. |
Direction involves— |
| A. | Physical factors |
| B. | Financial factors |
| C. | Human factors |
| D. | None of the above |
| Answer» D. None of the above | |
| 43. |
Which of the following is not an element of marketing mix ? |
| A. | Product |
| B. | Price |
| C. | Promotion |
| D. | Product life cycle |
| Answer» E. | |
| 44. |
Planning function of management is performed by-- |
| A. | Top management |
| B. | Middle management |
| C. | Lower management |
| D. | All of the above |
| Answer» E. | |
| 45. |
MBO approach in management was introduced by-- |
| A. | M. P. Follet |
| B. | Keith Davis |
| C. | Peter Drucker |
| D. | Oliver Sheldon |
| Answer» D. Oliver Sheldon | |
| 46. |
Market segmentation means-- |
| A. | Grouping of buyers |
| B. | Grouping of sellers |
| C. | Grouping of middle men |
| D. | Grouping of producers |
| Answer» B. Grouping of sellers | |
| 47. |
Planning is a— |
| A. | Primary function |
| B. | Secondary function |
| C. | Supplementary function |
| D. | None of the above |
| Answer» B. Secondary function | |
| 48. |
When sale is Rs. 4,80,000, gross loss is 25% on cost, purchase is Rs. 3,50,000 and closing stock is Rs. 60,000, the stock in the beginning would be |
| A. | Rs. 70,000 |
| B. | Rs. 94,000 |
| C. | Rs. 1,34,000 |
| D. | Rs. 3,50,000 |
| Answer» E. | |
| 49. |
Planning includes— |
| A. | Objectives |
| B. | Policy |
| C. | Strategy |
| D. | All of the above |
| Answer» E. | |
| 50. |
Theory ‘X’ and Theory ‘Y’ of Motivation was propounded by— |
| A. | Herzberg |
| B. | Maslow |
| C. | Elton Mayo |
| D. | McGregor |
| Answer» E. | |