ExamVeda
Login
Home

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-2

Each section contains 100 MCQs on Business and Commerce .
91
Which type of classification is based on date and time order?
Discuss
Answer & Solution
Answer: Option D
Solution:
Chronological classification is based on date and time order. Chronological order is listing, describing, or discussing when events happened as they relate to time.
92
In which method of filing, a spike is fixed in a wooden or a metal base?
Discuss
Answer & Solution
Answer: Option B
Solution:
The spike file method of filing, a spike is fixed in a wooden or a metal base.
93
_________ means a place for purchasing and selling something.
Discuss
Answer & Solution
Answer: Option A
Solution:
Exchange means a place for purchasing and selling something.
94
Horizontal filing is also called as _______.
Discuss
Answer & Solution
Answer: Option B
Solution:
Horizontal filing is also called as flat filing. The horizontal filing system is a modern type of filing where the documents or letters are chronologically placed in folders one upon another in a horizontal or flat position.
95
__________ is a machine which process text material on a page when operator strikes keys are arranged on the key boards.
Discuss
Answer & Solution
Answer: Option A
Solution:
Typewriter is a machine which process text material on a page when operator strikes keys are arranged on the key boards. A typewriter is a mechanical or electromechanical machine for writing characters similar to those produced by printer's movable type.
96
Standard typewriter which operates through electricity is _______.
Discuss
Answer & Solution
Answer: Option B
Solution:
Standard typewriter which operates through electricity is electronic typewriter. Electrical typewriter designs removed the direct mechanical connection between the keys and the element that struck the paper.
97
The OTC Exchange of India is a company incorporated under the Companies Act __________.
Discuss
Answer & Solution
Answer: Option A
Solution:
The OTC Exchange Of India was founded in 1990 under the Companies Act 1956 and was recognized by the Securities Contracts Regulation Act, 1956 as a stock exchange.
98
PBX stands for __________.
Discuss
Answer & Solution
Answer: Option B
Solution:
PBX stands for Private Branch Exchange, which is a private telephone network used within a company or organization.
99
_________is an instrument which reproduces sound at a distance by means of electricity.
Discuss
Answer & Solution
Answer: Option B
Solution:
Telephone is an instrument which reproduces sound at a distance by means of electricity. There are three types of telephone connections like direct exchange line, private branch exchange and intercom. Intercom system of communication has become very popular in our country.
100
Which machine is used for stamping outward mail?
Discuss
Answer & Solution
Answer: Option A
Solution:
Franking machine is used for stamping outward mail.