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. |
Who gave the most effective slogan “Do or Die” during Quit India Movement? |
| A. | J. L Nehru |
| B. | Bal Gangadhar Tilak |
| C. | Mahatma Gandhi |
| D. | Subhash Chandra Bose |
| Answer» D. Subhash Chandra Bose | |
| 2. |
An agreement made between twonparties to pay consideration in futurenand in execution of sale deed is known as______ |
| A. | Sale |
| B. | Agreement to sell |
| C. | Hire purchase |
| D. | None |
| Answer» C. Hire purchase | |
| 3. |
Who was the chairman of the Drafting Committee of the framers of the Indian constitution? |
| A. | J. L. Nehru |
| B. | Dr. B. R. Ambedkar |
| C. | Dr. Rajendra Prasad |
| D. | L. B. Kriplani |
| Answer» C. Dr. Rajendra Prasad | |
| 4. |
Unpaid seller sells goods tonthe new buyer who was in possession of thengoods. The new buyer____ |
| A. | Gets good title to the goods |
| B. | Does not get good title to the goods |
| C. | Gets good title to the goods subject to consent of original buyer |
| D. | None of these |
| Answer» B. Does not get good title to the goods | |
| 5. |
The property of goods will bentransferred to the buyer at the time where totalnpayment is made. |
| A. | Sale |
| B. | Agreement to sell |
| C. | Hire Purchase |
| D. | Sale / Approval Basis |
| Answer» D. Sale / Approval Basis | |
| 6. |
When did the British Government annul the partition of Bengal? |
| A. | 1911 |
| B. | 1914 |
| C. | 1917 |
| D. | 1919 |
| Answer» B. 1914 | |
| 7. |
M sold goods to B. Thepayment was to bedone after one month. B did not madepayment. The right of lien can be exercised bynnM When goods are____ |
| A. | Handed over to transporters |
| B. | Not handed over to anyone |
| C. | Handed over to B |
| D. | Handed over to any one. |
| Answer» C. Handed over to B | |
| 8. |
In order to obtain an income of Rs. 650 from 10% stock at Rs. 96, one must make an investment o? |
| A. | Rs. 3100 |
| B. | Rs. 6240 |
| C. | Rs. 6500 |
| D. | Rs. 9600 |
| Answer» C. Rs. 6500 | |
| 9. |
The word Buddha means |
| A. | A traveler |
| B. | A winner |
| C. | An Enlightened |
| D. | A preacher |
| Answer» D. A preacher | |
| 10. |
A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is? |
| A. | 12(1/2)% |
| B. | 13(1/2)% |
| C. | 16(1/2)% |
| D. | 15% |
| Answer» E. | |
| 11. |
Merchantable Quality of goods means ___ |
| A. | Goods are free from latent defects |
| B. | Marketable at their full value |
| C. | Goods can be used for the purpose for which they are purchased |
| D. | All of the above |
| Answer» E. | |
| 12. |
Who permitted the English to establish first factory in India? |
| A. | Akbar |
| B. | Jehangir |
| C. | Aurangzeb |
| D. | Shahjahan |
| Answer» C. Aurangzeb | |
| 13. |
Who introduced the ‘Doctrine of Lapse’? |
| A. | Dalhousie |
| B. | Canning |
| C. | Rippon |
| D. | Lytton |
| Answer» B. Canning | |
| 14. |
The keys of warehouse wherengoods are stored is handed over to the buyer.nIt is called ____ delivery. |
| A. | Actual |
| B. | Symbolic |
| C. | Constructive |
| D. | Conditional |
| Answer» C. Constructive | |
| 15. |
Giving document of title to goods is which type of delivery? |
| A. | Symbolic |
| B. | Constructive |
| C. | Actual |
| D. | None of these |
| Answer» B. Constructive | |
| 16. |
Who composed Ain-e-Akbari? |
| A. | Ibn Batuta |
| B. | Farista |
| C. | Birbal |
| D. | Abul Fazal |
| Answer» E. | |
| 17. |
A document issued by railway companyacknowledging receipt of goods is known as __ |
| A. | Bill of lading |
| B. | Railway Receipt |
| C. | Dock Warrant |
| D. | None of these |
| Answer» C. Dock Warrant | |
| 18. |
Spondylitis affects which organ of the body? |
| A. | Lungs |
| B. | Kidney |
| C. | Spinal cord |
| D. | Brain |
| Answer» D. Brain | |
| 19. |
Loktak lake is situated in which state? |
| A. | Manipur |
| B. | Sikkim |
| C. | Tripura |
| D. | Mizoram |
| Answer» B. Sikkim | |
| 20. |
Which of the following diseases cannot be prevented by vaccination? |
| A. | Diabetes |
| B. | Polio |
| C. | Smallpox |
| D. | Whooping cough |
| Answer» B. Polio | |
| 21. |
By transferring the property,the rights and liabilities will transfer to_____ |
| A. | Buyer |
| B. | Seller |
| C. | Both |
| D. | None of these |
| Answer» B. Seller | |
| 22. |
Auction Salencompletes by ______ |
| A. | Fall of Hammer |
| B. | Acceptance |
| C. | Offer |
| D. | None of these |
| Answer» B. Acceptance | |
| 23. |
A partnership firm cannotnexceed the maximum number other thannbanking company:- |
| A. | 10 members |
| B. | 20 members |
| C. | 15 members |
| D. | 25 members |
| Answer» C. 15 members | |
| 24. |
The mixed economy means.. |
| A. | Co-existence of the poor and the rich |
| B. | Co-existence of private and public sectors |
| C. | Co-existence of small scale and large scale industries |
| D. | Equal importance for agriculture and heavy industries |
| Answer» C. Co-existence of small scale and large scale industries | |
| 25. |
What are the essential elements of contract of sale? |
| A. | Atleast two parties |
| B. | Subject matter must be goods |
| C. | Both |
| D. | None of these |
| Answer» B. Subject matter must be goods | |
| 26. |
The loss arising out ofnpartners insolvency shall be borne by ________naccording to Garner Vs. Murray case |
| A. | All the partners equally |
| B. | Solvent partners in capital ratio |
| C. | All the partners in profit u0026 loss sharing ratio |
| D. | None of the Above |
| Answer» C. All the partners in profit u0026 loss sharing ratio | |
| 27. |
Partnership deed is alsoncalled as |
| A. | Partnership document |
| B. | Articles of partnership |
| C. | Both of these |
| D. | None of the above |
| Answer» C. Both of these | |
| 28. |
If it is 4p.m. on Monday at l50° W longitude, what is the time at 150 ° E longitude? |
| A. | Tuesday, 12 noon |
| B. | Tuesday, 4p.m. |
| C. | Tuesday, 4a.m. |
| D. | Sunday, 8 p.m. |
| Answer» B. Tuesday, 4p.m. | |
| 29. |
Sariska bird sanctuary is situated in.. |
| A. | Madhya Pradesh |
| B. | Gujarat |
| C. | Haryana |
| D. | Rajasthan |
| Answer» E. | |
| 30. |
Partnership at will means |
| A. | No duration period is fixed |
| B. | Dissolved at the will of the creditors |
| C. | Dissolved at the will of the debtors |
| D. | None of the above |
| Answer» B. Dissolved at the will of the creditors | |
| 31. |
Insulin controls the metabolism of— |
| A. | fats |
| B. | proteins |
| C. | sugars |
| D. | salts |
| Answer» D. salts | |
| 32. |
When a partner of a firm isnadjudicated as an insolvent, he ceases to be anpartner as_______ |
| A. | On the date of order of adjudication |
| B. | On the date of dissolution |
| C. | On the date of information of insolvency |
| D. | Decided by Indian partnership firm. |
| Answer» B. On the date of dissolution | |
| 33. |
Amnesty International is— |
| A. | a human rights group |
| B. | a refugee camp in Somalia |
| C. | a wing of World Bank |
| D. | none of these |
| Answer» B. a refugee camp in Somalia | |
| 34. |
International Women’s Day is celebrated on |
| A. | May 27 |
| B. | March 8 |
| C. | January 9 |
| D. | April 7 |
| Answer» C. January 9 | |
| 35. |
On which of the followingngrounds all or any one of the partner can applynto the court for dissolution, |
| A. | Perpetual losses |
| B. | Unsound mind of a partner |
| C. | Misconduct |
| D. | All of these |
| Answer» E. | |
| 36. |
The Rajasthan canal takes water from the river |
| A. | Sutlej |
| B. | Yamuna |
| C. | Ghaghara |
| D. | Ravi |
| Answer» B. Yamuna | |
| 37. |
The person who representsnhimself as a partner in a firm is calledn____ |
| A. | Sleeping Partner |
| B. | Partner by holding out |
| C. | Sub – Partner |
| D. | Co-owner |
| Answer» C. Sub – Partner | |
| 38. |
A retiring partner isnentitled to profits of the firm? |
| A. | Up to 31st March |
| B. | When last accounts is made up |
| C. | up to retirement date |
| D. | Not entitled to any profit |
| Answer» D. Not entitled to any profit | |
| 39. |
Partners should attend ______ to his duties |
| A. | ) Diligently |
| B. | Sincerely |
| C. | Systematically |
| D. | Efficiently |
| Answer» B. Sincerely | |
| 40. |
Ashoka was related to: |
| A. | Gupta dynasty |
| B. | Haryak dynasty |
| C. | Mauryan dynasty |
| D. | None of these |
| Answer» D. None of these | |
| 41. |
The people of Indus Valley Civilization worshipped |
| A. | Brahma |
| B. | Pashupati |
| C. | Indra and Varun |
| D. | Vishnu |
| Answer» C. Indra and Varun | |
| 42. |
A was an employee in a partnership firm with a salary of Rs.50,000 per month and he will get a share of 30% in profits if the profits of the firmnnexceed Rs.5 lakhs. Now ‘A’ is called _____ |
| A. | Partner of the firm |
| B. | Not a partner of the firm |
| C. | He cannot take share in profits |
| D. | is not entitled to any salary |
| Answer» C. He cannot take share in profits | |
| 43. |
Sharing of profits is __evidence of partnership |
| A. | Conclusive |
| B. | Non – conclusive |
| C. | Confirmative |
| D. | Collaborative |
| Answer» C. Confirmative | |
| 44. |
Who is the chief minister of Asom? |
| A. | Hiteshwar Saikia |
| B. | Prafful Kumar Mohanta |
| C. | Tarun Gagoi |
| D. | None of these |
| Answer» D. None of these | |
| 45. |
Retiring Partner will benliable till _____ |
| A. | After Retirement |
| B. | Before Retirement |
| C. | Both (a) u0026 (b) |
| D. | None of these |
| Answer» C. Both (a) u0026 (b) | |
| 46. |
‘Jai Jawan, Jai Kisan’ slogan was given by |
| A. | Lal Bahadur Shastri |
| B. | Indira Gandhi |
| C. | Mahatma Gandhi |
| D. | Jawahar Lal Nehru |
| Answer» B. Indira Gandhi | |
| 47. |
A, B, C were partners in anpartnership firm. “A paid the liability of thenfirm without having authority. What the other partners will do? |
| A. | Can ratify the transaction |
| B. | Can’t ratify the transaction |
| C. | Ignore the transaction |
| D. | None of these |
| Answer» B. Can’t ratify the transaction | |
| 48. |
Tirupati temple is located in________? |
| A. | Karnataka |
| B. | Tamil Nadu |
| C. | Andhra Pradesh |
| D. | Kerala |
| Answer» D. Kerala | |
| 49. |
As per the provisions of Indian Contract Act,1872 the original contract need not be performed in case of _____ |
| A. | Novation |
| B. | Alteration |
| C. | Rescission |
| D. | All of these |
| Answer» E. | |
| 50. |
Change in some or all terms of the contract is______ |
| A. | Novation |
| B. | Alteration |
| C. | Merger |
| D. | Rescission |
| Answer» C. Merger | |