Select Category
All Categories
Accounting
Agriculture
Astrobiology
Banking & Finance
Business World
Civilizations
Commerce & Economics
Competitive exams
Computer Science & IT
Current affairs
Earth Science
Educational Development
Environment
Explore the Animal World
Food chain
General Knowledge
Geography Map
Green Life
History
Human Health
Journalism
Law
Science
Social Science
TAX
About Us
Contact Us
Login
Commerce - Part 4
1
of
25
💡
Hints:
3
Q1. which is the India’s leading Accounting software
A. Tally
B. Maarg
C. Zoho
D. Quick Books
Q2. The following does not characterize business activity?
A. Production of goods and services
B. Presence of risk
C. Sale or exchange of goods and services
D. Salary or wages
Q3. User can select multiple check box under "Print" section in Controlling Party Setup
A. true
B. false
Q4. the essence of control is to
A. to take decision
B. to make enquiry
C. to take corrective action
D. to motivate
Q5. Diversification refers to
A. increased immigration from areas of war and poverty
B. government policies to control the banks
C. spreading investments over different types to reduce the risk
D. avoiding risk by focussing on cash investments
Q6. An advantage of a savings account is that the interest rate is high.
A. true
B. false
Q7. Goods are imported for purpose of re exports to another country is termed as
A. Import trade
B. Export trade
C. Enterpot trade
Q8. In India GST became effectuve from
A. 1st April 2017
B. 1st july 2017
C. 1st march 2017
Q9. What is an example of an economic factor affecting commercial activities?
A. better communication
B. changes in consumer tastes
C. political stability
D. unemployment levels
Q10. The idea that marketers only have a short time span to gain and hold the interest of the customers
×
A. Viral marketing
B. Elevator pitch
C. Word-of-mouth
D. Spam time
Q11. Planning is a ___ function.
A. Selective
B. Pervasive
C. Both a & b
D. None of the above
Q12. Management principles are applied ___ under different situation
A. same
B. differently
C. uniform
Q13. 4 sectors of the Australian economy are
A. Business, Household, Financial and Government
B. Government, Trade Unions, Em ployee, Employer
C. Intrapreneur, Entrepreneur, Household, Business
Q14. Which bank has the power to issue bank nrotes?
A. Commercial bank
B. Central bank
C. Foreign banks
D. Co- operative banks
Q15. A person or institution on which a bill is drawn is known as what?
A. Drawer
B. Drawee
C. Payee
D. None of the above
Q16. A major disadvantage of sole proprietorship is
A. Limited liability
B. Unlimited liability
C. Easy formation
D. Quick decision
Q17. An auditor should have
A. Honesty
B. Morality
C. Tactfulness
D. All
Q18. What is part of a clothing manufacturer’s fixed (non-current) assets?
A. cloth
B. dresses
C. packaging materials
D. sewing machines
Q19. eCommerce is short for
A. Email Commerce
B. Electronic Commerce
C. Essential Commerce
D. Ebay Commerce
Q20. Buying goods and services from another country is considered?
A. Exporting
B. Importing
Q21. Which Indian organisation has discovered 30 reels of unedited footage on Mahatma Gandhi?
A. NITI Aayog
B. NFDC
C. NFAI
D. Fox Star Studios
Q22. Ships sailing along the trade routes shown in Map 7.2 were dependent on
×
A. hinterlands.
B. oil.
C. monsoons.
D. slaves.
Q23. Need Hierarchy theory is given by
A. Maslow
B. Mc gregaor
C. Thorndike
D. Pavlov
Q24. What is a form of payment which by law a creditor is compelled to accept in settlement of a debt?
A. Commodity money
B. Token money
C. Legal tender
D. Bank notes
Q25. ___is psychological communication barrier.
A. Lack of attention
B. Physical appearance
C. Facial expressions
D. Rules and regulations
Submitting Your Quiz...
Please wait while we process your answers