MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 28 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
____________communication is the process of sending and receiving information between two different cultures. |
| A. | Oral |
| B. | Telephonic |
| C. | Intercompany |
| D. | Intercultural |
| Answer» E. | |
| 2. |
Individuals or firms rendering services for buying or selling the stocks and claiming fee or commission from the investors are called _________. |
| A. | jobbers |
| B. | bankers |
| C. | speculators |
| D. | brokers |
| Answer» E. | |
| 3. |
In future trading, both the ____________ and the seller are bound by an agreement to buy or sell on a future month at a pre-determined price. |
| A. | banker |
| B. | jobber |
| C. | buyer |
| D. | company |
| Answer» D. company | |
| 4. |
IRDAI is basically a ________ members' team comprising of one chairman, five full time members and four part- time members. |
| A. | twelve |
| B. | ten |
| C. | three |
| D. | twenty |
| Answer» C. three | |
| 5. |
Insurance Regulatory and Development Authority of India (IRDAI) act was enacted in ________. |
| A. | 1985 |
| B. | 1999 |
| C. | 2001 |
| D. | 1995 |
| Answer» C. 2001 | |
| 6. |
The discount rate at which the Central bank repurchases government securities from the commercial banks is termed as __________________. |
| A. | premium rate |
| B. | discount rate |
| C. | reserve rate |
| D. | repo rate |
| Answer» E. | |
| 7. |
______ is a principal or wholesaler who deals only on the Stock Exchange with brokers and not directly with the public. |
| A. | Jobber |
| B. | Investor |
| C. | Broker |
| D. | Speculator |
| Answer» B. Investor | |
| 8. |
A person, who acts as an intermediary between a buyer and seller usually charging a commission, is called ______. |
| A. | broker |
| B. | speculator |
| C. | commissioner |
| D. | intermediary |
| Answer» B. speculator | |
| 9. |
__________ represents the total number of outstanding stock/shares that are open to public for investment. |
| A. | Bonus share |
| B. | Preference share |
| C. | Right issue |
| D. | Floating stock |
| Answer» E. | |
| 10. |
_________ is a formal invitation to a small number of suppliers to make a detailed proposal for completing a particular piece of work. |
| A. | Auction |
| B. | Contract |
| C. | Tender |
| D. | Transaction |
| Answer» D. Transaction | |
| 11. |
In _____________, the bidders have to quote the price of each item mentioned in the invitation for tender. |
| A. | negotiated tender |
| B. | percentage rate tender |
| C. | item rate tender |
| D. | single tender |
| Answer» D. single tender | |
| 12. |
When the name of a defaulter in the stock market is announced with the striking of a hammer, it is known as ______. |
| A. | bear hammering |
| B. | bear liquidation |
| C. | bear support |
| D. | bull support |
| Answer» B. bear liquidation | |
| 13. |
Which of the following is associated with the importance of the English language in business communication? |
| A. | Doing Business on the Internet |
| B. | Doing Business Worldwide |
| C. | It s Unifying |
| D. | All of the above |
| Answer» E. | |
| 14. |
A ___________is an index to business condition prevailing in a particular market at a specific period or a fixed day. |
| A. | Commodity Report |
| B. | Real Estate Report |
| C. | Stock Market Report |
| D. | Press Report |
| Answer» D. Press Report | |
| 15. |
Buyers can have an opportunity to find some rare and unique items and collections in ___________auction. |
| A. | Property Auction |
| B. | Land Auction |
| C. | Stamps & Coins Auction |
| D. | All of the above |
| Answer» D. All of the above | |
| 16. |
The first ULIP was launched in India in __________by the largest mutual fund Unit Trust of India. |
| A. | 1982 |
| B. | 1971 |
| C. | 1981 |
| D. | 1972 |
| Answer» C. 1981 | |
| 17. |
Auction in which the buyer places an item for bid and the lowest bid wins is known as ____________. |
| A. | Forward auction |
| B. | Reverse auction |
| C. | Bidding process |
| D. | Vickrey auction |
| Answer» E. | |
| 18. |
A tender printed in a newspaper and in which anyone can participate in the bid is called ________________. |
| A. | An open tender |
| B. | A single tender |
| C. | A negotiated tender |
| D. | A closed tender |
| Answer» B. A single tender | |
| 19. |
In tender process, the deposit made to a seller showing the buyer s good faith is termed as_________. |
| A. | FD |
| B. | Full payment |
| C. | EMD |
| D. | Conditional payment |
| Answer» D. Conditional payment | |
| 20. |
A document, comprising of description of terms and conditions for a specific task, set tender period and closing date, is known as_______________ |
| A. | An invitation to tender |
| B. | An auction |
| C. | A deed |
| D. | A public notice |
| Answer» B. An auction | |
| 21. |
Specific number of shares offered by a company to its existing shareholders in proportion to their holdings is known as __________. |
| A. | equity shares |
| B. | right issues |
| C. | bonus shares |
| D. | preference shares |
| Answer» C. bonus shares | |
| 22. |
_________ are shares which have preference over ordinary shares for payment of dividend or return of capital. |
| A. | Equity shares |
| B. | Bonus shares |
| C. | Right issues |
| D. | Preference shares |
| Answer» E. | |
| 23. |
Companies generally offer specific number of right shares to its existing _________ when they need to raise money. |
| A. | directors |
| B. | shareholders |
| C. | business partners |
| D. | employees |
| Answer» C. business partners | |
| 24. |
When a company goes into liquidation, the _________ are paid their capital first before paying capital to the equity shareholders. |
| A. | right shareholders |
| B. | equity shareholders |
| C. | preference shareholders |
| D. | none of the above |
| Answer» D. none of the above | |
| 25. |
Repo rate means the discount rate at which __________ lends money from commercial banks in the event of any shortfall of funds. |
| A. | Reserve Bank of India |
| B. | State Bank of India |
| C. | Bank of India |
| D. | Bank of Baroda |
| Answer» B. State Bank of India | |
| 26. |
_____ means the discount rate at which central bank borrows money from commercial banks in the event of any shortfall of funds. |
| A. | Reverse Repo Rate |
| B. | Current Rate |
| C. | Repo Rate |
| D. | Interest Rate |
| Answer» B. Current Rate | |
| 27. |
______ is the rate at which the central bank of a country (Reserve Bank of India - RBI) lends money to commercial banks in the event of any shortfall of funds. |
| A. | Repo Rate |
| B. | Reverse Repo Rate |
| C. | Dividend |
| D. | Interest |
| Answer» B. Reverse Repo Rate | |
| 28. |
IRDAI is a ten members' team comprising of a ______, _____ full time members and ______ part time members, all appointed by Government of India. |
| A. | president, two, seven |
| B. | chairman, five, four |
| C. | manager, four, five |
| D. | chairperson, five, four |
| Answer» C. manager, four, five | |