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-8 section-6

Each section contains 100 MCQs on Business and Commerce .

Which one among the following is not a part of TRIPS agreement?

A) Industrial Design B) Geographical Indications C) Interior Design D) Layout Designs of Integrated Circuits

Discuss

Answer & Solution

Answer: Option C

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

A Government company is one wherein:

A) Majority of the preference shares are owned by the government B) Majority of the debentures are owned by the government C) At least 51% equity shares are owned by the government D) Whole of the shares and debentures are owned by the government

Discuss

Answer & Solution

Answer: Option C

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

SBI Life is a

A) Public company B) Private company C) Constitutional undertaking D) Associates of LIC

Discuss

Answer & Solution

Answer: Option A

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

The object of Filing is:

A) Proper sorting of letters B) Proper preservation of letters C) Quick retrieval of letters D) All the above

Discuss

Answer & Solution

Answer: Option D

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

The maximum number of forms of business organization in India is

A) Cooperative undertakings B) Company C) Partnership D) Sole proprietor business

Discuss

Answer & Solution

Answer: Option D

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

According to FEMA, foreign exchange does NOT include

A) Deposits payable in any foreign currency B) Bills of exchange drawn in Indian currency but payable in any foreign currency C) Travellers cheques drawn by institutions outside India but payable in Indian currency D) Drafts drawn by banks outside India and payable in foreign currency

Discuss

Answer & Solution

Answer: Option D

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

Indian Railways is an example of-

A) Departmental undertaking B) Statutory corporation C) Government company D) Holding company

Discuss

Answer & Solution

Answer: Option A

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

The main patron of international trade is

A) IMF B) World Bank C) WTO D) IDA

Discuss

Answer & Solution

Answer: Option C

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

Resistance to change in an organisation may arise due to

A) uncertainty B) ego C) preference for inertia D) all the above factors

Discuss

Answer & Solution

Answer: Option D

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

Indexing is an important:

A) method of filling B) important system for maintaining account books C) aid to filing D) method of maintaining statistical books

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