Business and Commerce MCQ Questions and Solutions with Explanations

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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-2 section-6

Each section contains 100 MCQs on Business and Commerce .

Which of the following is not a non-tariff barrier?

A) Voluntary export restraint B) Health and product standards C) Environment protection laws D) Ad-valorem duties

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Maximum Discipline is

A) Line and staff organization B) Committee organization C) Line organization D) Functional organization

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

In case of a private company:

A) There is restriction on the right to transfer shares B) The number of members is restricted C) Invitation to public for the subscription of shares is prohibited D) All of the above

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

According to Hindu Law, Hindu Undivided Families are governed by:

A) Mitakshara School B) Dayabhaga School C) Both Mitakshara and Dayabhaga D) Linearly descended School

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

The General Agreement of Tarriffs and Trade was replaced by

A) WTO B) MTA C) IBRD D) IMF

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

An example of Genetic industry is:

A) Poultry Farm B) Fishing C) Agriculture D) Ornaments

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

The first payment is made on the winding up of the company

A) remuneration of the liquidator B) legal expenses C) preference creditors D) Expenses of winding up

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Entrepot trade means:

A) import trade B) export trade C) foreign trade D) goods imported for re-export

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Under which method of filling letters are kept standing:

A) Vertical B) Horizontal C) Box D) Pigeon-Hole

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Right to vote for members in a co-operative organization is

A) The number of shares purchased by them B) The ratio of the capital employed by them C) Equal voting right D) In proportion to the total amount supplied

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

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Business and Commerce MCQ Questions and Solutions with Explanations | Commerce