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-5 section-6

Each section contains 100 MCQs on Business and Commerce .

An economic environmental factor is

A) Emphasis on knowledge management B) National income and its distribution C) Profitability and its distribution D) Changing workforce profile

Discuss

Answer & Solution

Answer: Option B

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

A concept in retailing that helps explain the emergence of new retailers is called the . . . . . . . . hypothesis.

A) Product life cycle B) Service assortment C) Retail life cycle D) Wheel-of-retailing

Discuss

Answer & Solution

Answer: Option D

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

Maximum number of partners in firm formed by banking business is

A) 50 B) 20 C) 10 D) Unlimited

Discuss

Answer & Solution

Answer: Option C

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

What is the term used popularly for the situation when a speculator, being dominant in the market, expects a drop in the value of a particular currency and he begins selling it forward?

A) International Fisher Effect B) Bandwagon Effect C) Interest Rate Parity Effect D) Relative Version Effect

Discuss

Answer & Solution

Answer: Option B

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

One of the disadvantages of sole proprietory organization is:

A) Unlimited liability B) Secrecy C) Lower cost of management D) All of the above

Discuss

Answer & Solution

Answer: Option A

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

Which of the following is not a component of a specific environment?

A) Marketing intermediaries B) Financial intermediaries C) Economic system D) Public

Discuss

Answer & Solution

Answer: Option C

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

The most important properties of a joint venture company is

A) Limited liability B) Transferability of shares C) Extension area D) Establishment by Act

Discuss

Answer & Solution

Answer: Option A

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

Which one of the following will not act as an incentive for exports?

A) to increase the intrinsic value of money B) to reduce the prices of goods within the country C) internal devaluation of currency D) to provide loans at low rate of interest for exports

Discuss

Answer & Solution

Answer: Option A

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

The liability of the Karta in a joint hindu family is

A) to the extent of his interest in the joint family B) unlimited C) to the extent of the total wealth of the family D) to the extent of the personal properties of all the members

Discuss

Answer & Solution

Answer: Option B

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

Line and staff organization is the extension of-

A) Functional organization B) Line organization C) Informal organization D) Committee organization

Discuss

Answer & Solution

Answer: Option B

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