In which of the combination, the company firms keeps their separate entity
A. Federation
B. Consolidation
C. Both A and B
D. Neither A nor B
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The liability of a sole trader is
A. Unlimited
B. Limited to the assets of the business
C. Limited to the capital employed by him
D. None of these
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On 31st December, 2002 the assets and liabilities of a firm were Rs. 40,000 and Rs. 30,000 respectively. The firm was dissolved and a dividend of 60 paise in a rupee was paid to the creditors. What was the loss on realisation:
A. Rs. 10,000
B. Rs. 12,000
C. Rs. 18,000
D. Rs. 22,000
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In which one of the following modes of entry into foreign market risk and profit potential are the highest?
A. Indirect exporting
B. Direct exporting
C. Direct investment
D. Joint ventures
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Which one among the following has the largest share of exports from India?
A. Agriculture and Allied Commodity
B. Gems and Jewellery
C. Handicrafts
D. Electronic Goods
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"The Good relation between work and employee community is called organization." This is the statement:-
A. Mooney and Rayleigh
B. Millward's
C. Davis
D. Urvik
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Which one of the following country is not a member of ASEAN?
A. Singapore
B. Brunei
C. Japan
D. Thailand
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An organization chart displays:
A. Relationship between managers and subordinates
B. Division of work among individuals at different levels
C. Nature of organization
D. Authority responsibility relationship
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BIFR was established on the basis of recommendations of . . . . . . . . committee.
A. Goswami
B. Manmohan Singh
C. Rangarajan
D. Tiwari
Select an option to see the answer and solution.
Given below are two statements. One is labelled as Assertion (A) and the other is labelled as Reason (R) .
Assertion (A): Globalization refers to the free cross-border movement of goods, services, capital, information and people
Reason (R): Countries are consistently evolving innovative marketing barriers that are not WTO compatible
In the light of the above statements, choose the correct answer from the options given below
A. Both (A) and (R) true and (R) is the correct explanation of (A)
B. Both (A) and (R) true but (R) is NOT the correct explanation of (A)
C. (A) is true but (R) is false
D. (A) is false but (R) is true
Select an option to see the answer and solution.
The registration for a joint stock company is
A. Mandatory
B. Optional
C. Mandatory for private company
D. None of the above
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A 'Letter of Credit' is produced by
A. an exporter
B. an importer
C. custom authorities
D. shipping company
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Which of the following statements is not correct relating to comparison of FDI with trade?
A. Only one market can better be served with differentiated products
B. FDI overcomes tariff and transport cost involved in trade
C. It reduces financial risk through greater diversification
D. It creates harmonious political relations
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Partnership must have at least
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The group sale of shares in public sector undertakings is called private offer in stock exchanges or investment groups
A. Direct selling
B. Stock offer
C. International bidding
D. None of the above
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Filing is:
A. An office equipment
B. Record keeping
C. Modern aid to office management
D. None of these
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Duty levied on the value of goods imported is referred to as
A. Ad valorem Duty
B. Compound Duty
C. Specific Duty
D. Import Duty
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What is included in Re-export business
A. Export of goods
B. Import of goods
C. Neither import nor export
D. Export of imported goods and services
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Import procedure begins with
A. Indent
B. Mate's certificate
C. Shipping order
D. Marine insurance
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Which one of the following is not a principle of business organization?
A. Principle of purpose
B. Principle of Efficiency
C. Principle of division of labour
D. Principle of profit
Select an option to see the answer and solution.