Business and Commerce MCQ Questions and Solutions with Explanations

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-5

Which of the following statements is true about the public enterprises in India:

A) The capital of public enterprises is raised primarily from the non-resident Indians B) The public enterprises are accountable only to the Government C) The public enterprises are free from Parliamentary inquiry into their management D) The public enterprises are accountable to the public through the Parliament

Discuss

Answer & Solution

Answer: Option D

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

An association of 35 persons, not registered under the Companies Act, but carrying on business is:
or
An association of 46 members/persons not registered under the companies act but carrying on businesses will be called.

A) A Partnership B) A Private Company C) A Public Company D) An Illegal Association

Discuss

Answer & Solution

Answer: Option D

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

When at least 51% shares of a company are with Government, it is known as

A) Investment Company B) Government Company C) Public Company D) Public Corporation

Discuss

Answer & Solution

Answer: Option B

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Which is not the objective of a cooperative society:

A) To eliminate middleman B) To earn profit C) To promote mutual interest D) To render service to its members

Discuss

Answer & Solution

Answer: Option B

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Which is not the types of organization charts included:

A) Triangular chart B) Vertical chart C) Plane chart D) Curvilinear chart

Discuss

Answer & Solution

Answer: Option D

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When Exports exceed Imports:

A) The Balance of Trade is favorable B) The Balance of Trade is unfavorable C) The Balance of payments is favorable D) The Balance of payments is unfavorable

Discuss

Answer & Solution

Answer: Option A

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Which among the following institutions is NOT a part of World Bank group?

A) International Development Association (IDA) B) International Monetary Found (IMF) C) International Finance Corporation (IFC) D) Multilateral Investment Guarantee Agency (MIGA)

Discuss

Answer & Solution

Answer: Option B

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Which of the following is not a "Maharatna" industry in India?

A) CIL B) SAIL C) OIL D) GAIL

Discuss

Answer & Solution

Answer: Option C

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Liability of shareholders of a public limited company is limited to the extent of:

A) paid-up value of the shares B) face-value of the shares C) private assets of the shareholders D) called up amount

Discuss

Answer & Solution

Answer: Option B

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Business means

A) Manufacture of goods B) Insurance and Banking services C) Buying and sellings of goods D) Means of communication

Discuss

Answer & Solution

Answer: Option C

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