Question

Q1. All the members of a company sitting in a general meeting were killed by a bomb. Which feature states that the company will not be wound up?
(a) Artificial person
(b) Perpetual succession
(c) Separate legal entity
(d) Common seal

Q2. To which type of insurance is the principle of Indemnity not applicable?
(a) Marine insurance
(b) Fire insurance
(c) Life insurance
(d) Health insurance

Q3. This constituent of e-business includes a series of online activities involved in marketing of goods and services
(a) B2B commerce
(b) B2C commerce
(c) C2C commerce
(d) Intra B commerce

Q4. Which of the following is not a type of general insurance?
(a) Fire insurance
(b) Marine insurance
(c) Health Insurance
(d) Life Insurance
OR
What is the minimum amount for an electronic transfer of funds in case of RTGS?
(a) Rs.10,000
(b) Rs.1,00,000
(c) Rs.20,000
(d) Rs.2,00,000

Q5. Where national security is concerned, which form of public enterprise is most suitable?
(a) MNC
(b) Statutory corporations
(c) Departmental undertakings
(d) Government company
Q6. A person gets his stock of goods insured, but he hides the fact that the electricity board has issued him statutory warning letter to get his factory’s wiring changed later on, the factory catches fire due to short circuit. State the principle of insurance being violated.
(a) Indemnity
(b) Contribution
(c) Utmost good faith
(d) Subrogation

Q7. Fixed Capital requirements of a manufacturing concern are:
(a) Same as that of a trading concern
(b) Are more than that of a trading concern
(c) Are less than that of a trading concern
(d) None of the above

Q8. Identify the type of middlemen who serve as a link between the manufacturers and the retailers
(a) Consumers
(b) Wholesalers
(c) Fixed shop retailers
(d) Itinerant retailers

Q9. Which facility of MOD account enables the account holder to earn more interest on the money?
(a) Auto sweep
(b) Sweep out
(c) Threshold limit
(d) Reverse sweep

Q10. The documents for registration for a company were filed on 21th February 2017. The Certificate of Incorporation was issued on 29th February 2017 but the date mentioned on the Certificate of Incorporation was 27th February 2017. From which date will the Company be considered to be in existence and the contracts signed will be considered valid?
(a) 29th February2017
(b) None of the above
(c) 21st February 2017
(d) 27th February 2017

Q11. Which of the following cannot be classified as an objective of business?
(a) Productivity
(b) Investment
(c) Innovation
(d) Profit earning

Q12. Providing charitable contributions to educational institutions or helping the affected people during floods or earth quakes. Which category of social responsibility covers this?
(a) Legal
(b) Ethical
(c) Economic
(d) Discretionary



Q13. Who are the creators of Producers Cooperative Societies?
(a) Producers
(b) Small producers
(c) Large producers
(d) Medium producers

Q14. Rules regarding internal management of a company is mentioned in the __________.
(a) Prospectus
(b) Memorandum of association
(c) Articles of association
(d) Certificate of incorporation

Q15. What reward an entrepreneur get for risk bearing in business?
(a) Salary
(b) Profit
(c) Interest
(d) Fees

Q16. The shares of government company are purchased in the name of Prime Minister of India. True/False?

Q17. Business risk is not likely to arise due to
(a) Changes in government policy
(b) Employee dishonesty
(c) Good management
(d) Power failure

Q18. This industry deals in products which involve successive stages for manufacturing finished products:
(a) Synthetical industry
(b) Assembling industry
(c) Processing industry
(d) Analytical industry
OR
Which of the following is not an example of non-economic activity?
(a) Patriotism 
(b) Teaching 
(c) Sentiment 
(d) Sympathy​

Answer 1

Answer:

sorry that is not known by me