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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-5 section-3

Each section contains 100 MCQs on Business and Commerce .
41
__________ Debentures are not redeemable during life time of the company.
Discuss
Answer & Solution
Answer: Option B
Solution:
Irredeemable Debentures are not redeemable during life time of the company. Non Redeemable Debentures is a reference to a type of debentures that will continue to remain alive in perpetuity. For this reason, such debentures are also called 'perpetual' or 'Irredeemable' debentures. The issuing company does not have any liability to redeem such debentures as long as it is a going concern.
42
The transitional period in the life of an expanding firm is called ___________ firm.
Discuss
Answer & Solution
Answer: Option B
Solution:
The transitional period in the life of an expanding firm is called ideal firm.
43
____________ Machine is used to point addresses of the customers or clients on outgoing mail.
Discuss
Answer & Solution
Answer: Option B
Solution:
Addressing machine is used to point addresses of the customers or clients on outgoing mail. It is a business machine that automatically imprints names, addresses, or other information on successive envelopes or forms.
44
___________ type of drawer are used to increased desk top work area.
Discuss
Answer & Solution
Answer: Option A
Solution:
Letter tray drawer type of drawer are used to increased desk top work area.
45
Non-economic activities aim at __________.
Discuss
Answer & Solution
Answer: Option A
Solution:
Non-economic activities aim at social service. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Social or psychological, i.e. out of love, affection, etc.
46
Small scale firms are ____________ flexible in their functioning.
Discuss
Answer & Solution
Answer: Option A
Solution:
Small scale firms are more flexible in their functioning. These units are more adaptable to their changing business environment.
47
A __________ firm would be able to reduce its risk by diversifying its products and markets.
Discuss
Answer & Solution
Answer: Option A
Solution:
A large scale firm would be able to reduce its risk by diversifying its products and markets.
48
Which type of adding machine provides a printed record?
Discuss
Answer & Solution
Answer: Option A
Solution:
Listing machine type of adding machine provides a printed record. Under this machine, the grand total of all entries is printed on a sheet of paper after the recording of all entries are over. Thus it gives a printed record of the items and its total.
49
Intercom system is connected with __________.
Discuss
Answer & Solution
Answer: Option C
Solution:
Intercom system is connected with EBPAX system.
50
Processing of data through computer is done by its ___________.
Discuss
Answer & Solution
Answer: Option C
Solution:
Processing of data through computer is done by its CPU. Data is the raw material to be processed by a computer.