The minimum and maximum number of partners in a partnership firm is
A. 2 and 7
B. 2 and 10
C. 7 and 50
D. 2 and 20
Select an option to see the answer and solution.
A private company does not do
A. Restriction of share transfer rights
B. Limited number of members
C. Appointment of auditor
D. Public invitation for purchase of shares
Select an option to see the answer and solution.
The minimum number of members in a private company is
Select an option to see the answer and solution.
Which of the following does not apply to a public company
A. It allows transfer of shares to its members
B. It can invite the public to buy shares
C. Share allotment cannot take place until the subscription is approved or paid
D. It cannot issue share warrant
Select an option to see the answer and solution.
A partnership firm is formed
A. By registration
B. By contract
C. Under circumstances
D. Succession by rule
Select an option to see the answer and solution.
The Organisation chart shows:
A. The division of work only
B. The division of departments only
C. The relationship between the superiors and the subordinates
D. All the above
Select an option to see the answer and solution.
In the foreign trade, the Bill of Lading relates to:
A. The insurance of goods in transit
B. The processing of goods
C. The transit of goods
D. The auction of goods damaged in transit
Select an option to see the answer and solution.
When the Exchange Bank sends all the documents to its branch in the importer's country with the instruction to deliver the shipping documents to the importer against the receipt of money from him, such documents are known as:
A. D/A
B. Letter of Credit
C. D/P
D. Foreign Bill of Exchange
Select an option to see the answer and solution.
Accountability in an organisation lies with:
A. Line authority
B. Staff authority
C. Informal authority
D. All of the above
Select an option to see the answer and solution.
A Public Corporation means a-
A. Public Company
B. Private Company
C. Government Company
D. Statutory corporation
Select an option to see the answer and solution.
Which one among the following is not a part of TRIPS agreement?
A. Industrial Design
B. Geographical Indications
C. Interior Design
D. Layout Designs of Integrated Circuits
Select an option to see the answer and solution.
A Government company is one wherein:
A. Majority of the preference shares are owned by the government
B. Majority of the debentures are owned by the government
C. At least 51% equity shares are owned by the government
D. Whole of the shares and debentures are owned by the government
Select an option to see the answer and solution.
SBI Life is a
A. Public company
B. Private company
C. Constitutional undertaking
D. Associates of LIC
Select an option to see the answer and solution.
The object of Filing is:
A. Proper sorting of letters
B. Proper preservation of letters
C. Quick retrieval of letters
D. All the above
Select an option to see the answer and solution.
The maximum number of forms of business organization in India is
A. Cooperative undertakings
B. Company
C. Partnership
D. Sole proprietor business
Select an option to see the answer and solution.
According to FEMA, foreign exchange does NOT include
A. Deposits payable in any foreign currency
B. Bills of exchange drawn in Indian currency but payable in any foreign currency
C. Travellers cheques drawn by institutions outside India but payable in Indian currency
D. Drafts drawn by banks outside India and payable in foreign currency
Select an option to see the answer and solution.
Indian Railways is an example of-
A. Departmental undertaking
B. Statutory corporation
C. Government company
D. Holding company
Select an option to see the answer and solution.
The main patron of international trade is
A. IMF
B. World Bank
C. WTO
D. IDA
Select an option to see the answer and solution.
Resistance to change in an organisation may arise due to
A. uncertainty
B. ego
C. preference for inertia
D. all the above factors
Select an option to see the answer and solution.
Indexing is an important:
A. method of filling
B. important system for maintaining account books
C. aid to filing
D. method of maintaining statistical books
Select an option to see the answer and solution.