In Pandiyas Dynasty the place where the goods are sold is _____, Angadi, Market, Nalangadi, Allangadi, Hindrance of place is removed by ______, Transport, Warehouse, Salesman, Insurance, Who wrote “Arthasasthra” ?, Kautilya, Kambar, Thiruvalluvar, Elangovadigal, Trade and Commerce was common to _______ Dynasty., Pallava, Chola, Panidya, Chera, _______ was first sultan who paved way in the dense forest and helped traders to move from one market place to others place for their commercial caravans., Balban, Vascoda Gama, Akbar, Alauddin Khilij, The Primary objective of a business is, Making Profit, Not Making Profit, Special skill, None of the above, Occupation of a Doctor is, Employment, Business, Profession, Sole Proprietor, The following does not characterise business activity?business activity?, Production of goods and services, Presence of Risk, Sale or exchange of goods and services, Salary or wages, Activities undertaken out of love and affection or with social service motive, Economic activities, Monetary activities, Non Economic Activities, Financial Activities, The industries engaged in extraction of iron ore are known as, Construction Industries, Manufacturing Industries, Extraction Industries, Genetic Industries, Production which involves several stages for manufacturing finished products is known as, Analytical Industry, Synthetic Industry, Processing Industry, None of the above, Normally high level risk involved in, Industry, Commerce, Trade, All of the above, Which is the oldest form of Business organisation?, Sole Proprietorship, Partnership, Co-operative Society, Company, In which form the owner, establisher and manager is only one?, Joint Enterprise, Government Company, Co-operative Society, Sole Proprietor, A major disadvantage of sole proprietor-ship is ______, Limited liability, Unlimited liability, Easy Formation, Quick decision, From the following which one is Non- corporate form of business?, Joint stock company, Sole trading business, Government company, Co-operatives, The firm of Hindu Undivided Family is managed by whom?, Owner, Karta, Manager, Partner, In the firm of Hindu Undivided Family, how one gets the membership?, By Agreement, By Birth, By Investing Capital, By Managing, The members in the joint hindu family are called _____________, Karta, coparceners, generations, partners, ‘Only the male members in the family get the right of inheritance by birth’ as ______________, Hindu law, Mitakshara Law, Dayabhaga law, None of these, A partnership is formed by _______, agreement, relationship among persons, the direction of government, Friendship, The relationship between outsiders and the company is defined in ______, Prospectus, Articles of Association, Memorandum of Association, Certificate of Incorporation, Table A of the Companies Act is a ___________, Model minutes book, Model form of Balance Sheet, Model of AOA, Model of MOA, Which of the following is created by a Special Act of Parliament or in State Assemblies?, Chartered company, Foreign company, Government company, d) Statutory company, The Board of directors of a company is elected by _________, Creditors, Debtors, Debenture holders, Share holders (members), Companies established as a result of a charter granted by the King or Queen of a country is called _________, Chartered companies, Statutory companies, Registered companies, Foreign companies, Membership in a cooperative organization is:, Not open to all, Selective, Open to all, None of them, Cooperative fails because of, Unlimited membership, Cash trading, Mismanagement, Loss-making, All cooperatives are established with, Philanthropic motive, Service motive, Profit motive, Reform motive, Consumers Co-operation was first successful in _____, England , USA, Swiss, India, Rochdale society of equitable pioneers was started by ____, Robert owen , H.C.Calvert, Talmaki, Lambert, A Multinational Corporation can be defined as a firm which, is beyond the control of any government, is one of the top 200 firms in the world, owns companies in more than one country, All the above, Centralised control in MNC’s implies control exercised by, Branches, Subsidiaries, Headquarters, Parliament, Enterprises operating in several countries but managed from one country is termed as ___________, Government company, Multinational Company, Private company, Joint Venture, Dispersal of decision making power to branches/affiliates/subsidiaries by head office represents _________, Centralisation , Decentralisation, Power , Integration, Coca-Cola company is an example of __________, MNC , Government company , Joint Venture , Public company, The share capital of the government company must not be less than, 75 % , 60 %, 95 %, 51 %, The oldest form of organisation in public sector, Public Sector Undertakings, Departmental Undertakings, Multi National Corportions, Statutory Corportion, A Government company purchases shares in the name of, Prime Minister, President, Chief Justice of India, State Chief Minister, The primary objective of the state enterprises is to ______, Earn profit, Provide Employment, Serve the People, All the Above, Which bank has the power to issue bank notes?, Central bank, Commercial bank, Co-operative banks, Foreign banks, The Central bank of India is, PNB, SBI, ICICI, RBI, (d) RBI, The Reserve Bank of India commenced its operations from April 1,, 1936, 1935, 1934, 1933, Bankers are not only dealers of money but also leaders in, Economic development, Trade development, Industry development, Service development, Which of the following is not a function of a central bank?, Guiding and regulating the banking system of a country, Deal with the general public, Acts essentially as Government, Maintains deposit accounts of all other banks.

+1 Commerce I Midterm

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