Business And Commerce - Practice Test

[#126] Shipping Order is issued by the

(A) Customs authorities

(B) Shipping company

(C) Exporter

(D) Reserve Bank of India

Correct Answer

(B) Shipping company

[#127] Sole proprietorship is not suitable for those businesses

(A) Which are very large in size

(B) Where less capital is required

(C) Where the degree of risk is not high

(D) Which requires personal attention to the customers

Correct Answer

(A) Which are very large in size

[#128] Which one of the following characteristics best describes the biological or behavioural structure of an organization?

(A) Extensive control expansion

(B) More centralization

(C) Higher level specialization

(D) Vertical position step

Correct Answer

(A) Extensive control expansion

[#129] Business includes

(A) only trade

(B) trade and industry both

(C) all the trade, industry and commerce

(D) only commerce

Correct Answer

(C) all the trade, industry and commerce

[#130] Register of member is a __________.

(A) statutory book

(B) statistical book

(C) official book

(D) registered book

Correct Answer

(A) statutory book

Explanation

Solution: Register of member is a statutory book. The statutory books of the company must be maintained and kept at the company’s registered office (or an alternative location notified to Companies House) where they can be inspected.

Business And Commerce - Study Mode

[#126] Shipping Order is issued by the

Correct Answer

[#127] Sole proprietorship is not suitable for those businesses

Correct Answer

[#128] Which one of the following characteristics best describes the biological or behavioural structure of an organization?

Correct Answer

[#129] Business includes

Correct Answer

[#130] Register of member is a __________.

Correct Answer

Explanation