Vidyalelo
Commerce · all questions

Business and Commerce
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

638

Questions

1/32

Page

Pick an option on a question to see the right answer and solution.

Business means ________.

Select an option to see the answer and solution.

Which of the following is not an economic activity?

Select an option to see the answer and solution.

Which of the following is an extractive industry?

Select an option to see the answer and solution.

Which of the following is not a manufacturing industry?

Select an option to see the answer and solution.

A valid definition of a business purpose is to ______.

Select an option to see the answer and solution.

Sole-trade organization is also called as ______.

Select an option to see the answer and solution.

Who is dormant partner?

Select an option to see the answer and solution.

In case of minor acting as a partner, his personal properties are ________.

Select an option to see the answer and solution.

When a partnership is dissolved?

Select an option to see the answer and solution.

The liability of a sole proprietor is _______.

Select an option to see the answer and solution.

The maximum number of partners in a firm carrying on banking business is_________.

Select an option to see the answer and solution.

The agreement of partnership _______.

Select an option to see the answer and solution.

Liability of partners in respect of the firms debts is _______.

Select an option to see the answer and solution.

A partner in a firm _______.

Select an option to see the answer and solution.

A manager with a share in the profits ______.

Select an option to see the answer and solution.

A nominal partner is ______.

Select an option to see the answer and solution.

The minimum number of members in a private limited company is _________.

Select an option to see the answer and solution.

A Joint stock company is governed by _______.

Select an option to see the answer and solution.

Memorandum of association of a firm contains _______.

Select an option to see the answer and solution.

The liability of shareholders of a public company is limited to the _________.

Select an option to see the answer and solution.