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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-4 section-3

Each section contains 100 MCQs on Business and Commerce .
31
___________ Layout is based on the sequence of work.
Discuss
Answer & Solution
Answer: Option B
Solution:
Group Layout is based on the sequence of work. Group layout is a kind of layout where persons doing similar activities or machines doing similar operations are grouped together.
32
Which type of classification is based on alphabetical order?
Discuss
Answer & Solution
Answer: Option A
Solution:
Alphabetical classification classification is based on alphabetical order. Alphabetical filing is a fundamental way to organize documents in both your private and personal life. Filing documents in alphabetical order will allow you and others to find and replace each file quickly.
33
For synthetic type of production _________ lay out is preferable.
Discuss
Answer & Solution
Answer: Option B
Solution:
For synthetic type of production line lay out is preferable. Prope layout is one of the keys of success in factory management.
34
Book index is also called as ___________ index.
Discuss
Answer & Solution
Answer: Option B
Solution:
Book index is also called as Abound index. A book index is simply a key to locating information contained in a book. It is also known as back-of-the-book index, as it is mostly found at the end of the book. The words of the Index are sorted Alphabetically.
35
Roller machine is also called as ____________ machine.
Discuss
Answer & Solution
Answer: Option A
Solution:
Roller machine is also called as rotary machine. A rotary transfer machine is a machine tool, typically for metal working by machining, comprising a large indexing table with machining stations surrounding the table. Such rotary transfer machines are used for producing a large lot of parts in fairly short cycle times.
36
The machines produce multiple copies with help of a ___________.
Discuss
Answer & Solution
Answer: Option B
Solution:
The machines produce multiple copies with help of a stencil. For printed copy, a stencil assemblage is placed in a typewriter.
37
A speculator who expects prices to fall in future and sell securities is called as ____________.
Discuss
Answer & Solution
Answer: Option A
Solution:
A speculator who expects prices to fall in future and sell securities is called as bear.
38
Speculators who apply for shares in new companies and expect to sell them at a premium are called as ___________.
Discuss
Answer & Solution
Answer: Option C
Solution:
Speculators who apply for shares in new companies and expect to sell them at a premium are called as stag.
39
The ___________ co-operative societies are started to help lower and middle class people.
Discuss
Answer & Solution
Answer: Option A
Solution:
The Consumers co-operative societies are started to help lower and middle class people. These societies protect the weaker sections from exploitation by profit hungry businessmen. The society makes bulk purchases directly from the producers and sells these goods to the members on retail basis.
40
The __________ co-operative societies are formed to give financial help to small farmers and other poor sections of the society.
Discuss
Answer & Solution
Answer: Option C
Solution:
The Credit co-operative societies are formed to give financial help to small farmers and other poor sections of the society. These societies are formed to give financial help to small farmers and other poor sections to the society.