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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-3 section-4

Each section contains 100 MCQs on Business and Commerce .
21
Diesel Locomotive Works (DLW) is an example of:
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Answer & Solution
Answer: Option C
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22
Ghazipur Affim Factory is:
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Answer & Solution
Answer: Option C
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23
Bill of Lading is issued by
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Answer & Solution
Answer: Option A
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24
Essentials of a satisfactory wage system do not include:
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Answer & Solution
Answer: Option D
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25
Bharat Sanchar Nigam limited was set up in year . . . . . . . . under the new telecom policy.
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Answer & Solution
Answer: Option B
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26
Which two of the following are the function of WTO
1. To facilitate the implementation, administration and operation of trade agreement
2. To carry out periodic reviews of the trade policies of its member countries
3. To assist in the establishment of a multilateral system of payments
4. To promote international monetary cooperation
Choose the correct option from the following:
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Answer & Solution
Answer: Option D
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27
Performance of the 'Trade repatriation effect' of the border union did-
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Answer: Option A
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28
The theory suggesting that the patterns of international trade are determined by factor endowment rather than productivity was propounded by which one of the following?
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Answer: Option C
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29
Largest number of business ventures in India is-
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Answer & Solution
Answer: Option B
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30
What is not correct about International Development Association (IDA)?
(i) Following earthquake in 2015, IDA has helped Nepal rebuild and recover.
(ii) IDA ranks as the highest performing multilateral development bank in 2016.
(iii) IDA is a subsidiary bank of IBRD.
(iv) India has procured highest amount of international loan from IDA.
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Answer & Solution
Answer: Option C
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