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Business and Commerce MCQ Questions and Solutions with Explanations | Commerce

Business and Commerce MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Business and Commerce MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-10 section-1

Each section contains 100 MCQs on Business and Commerce .
91
The person whose risk is insured is called __________ .
Discuss
Answer & Solution
Answer: Option D
Solution:
The person whose risk is insured is called Insured and Assured.
92
Life insurance in its present form came to India from ___________.
Discuss
Answer & Solution
Answer: Option A
Solution:
Life insurance in its present form came to India from The United Kingdom.
93
OTCEI stands for ___________.
Discuss
Answer & Solution
Answer: Option A
Solution:
The over-the-counter exchange of India (OTCEI) is an electronic stock exchange based in India that consists of small- and medium-sized firms aiming to gain access to the capital markets like electronic exchanges in the U.S. such as the Nasdaq, there is no central place of exchange, and all trading occurs through electronic networks.
94
Importing goods for the purpose of re-export is termed as ___________.
Discuss
Answer & Solution
Answer: Option A
Solution:
Importing goods for the purpose of re-export is termed as Entrepot trade. If goods are imported from one country with the purpose of re- exporting to another, it is called Entrepot trade.
95
A Bull speculator is also called as ___________.
Discuss
Answer & Solution
Answer: Option B
Solution:
A Bull speculator is also called as tejiwala. He is said to be a bull because just like a bull which tries to throw its victim up in the air, he expects to profit from increase in share prices.
96
A speculator who expects a rise in price of securities in the future are called as ___________.
Discuss
Answer & Solution
Answer: Option B
Solution:
A speculator who expects a rise in price of securities in the future are called as bull. A bull is an optimistic speculator. He expects a rise in the price of the securities in which he deals.
97
A bear speculator is also called as _______.
Discuss
Answer & Solution
Answer: Option A
Solution:
A bear speculator is also called as Manidiwala. A Bull is a stock market speculator who buys a holding in a stock in the expectation that in the very short-term it will rise in value whereupon they will sell the stock to make a quick profit on the transaction.
98
The purpose of an office is to furnish essential services to the ___________.
Discuss
Answer & Solution
Answer: Option B
Solution:
The purpose of an office is to furnish essential services to the management. Office provides information to the management on the basis of which it formulates its policies.
99
The office management simply means to ___________.
Discuss
Answer & Solution
Answer: Option C
Solution:
The office management simply means to Control. It is the function of the management to organize, guide and control the whole activities of the office personnel for a common aim.
100
Filing is an important aspect of _________.
Discuss
Answer & Solution
Answer: Option C
Solution:
Filing is an important aspect of house-keeping. Housekeeping is crucial to safe workplaces.