Business And Commerce - Practice Test

(A) Extractive industry

(B) Genetic industry

(C) Manufacturing industry

(D) Construction industry

(B) Genetic industry

(A) National Commission has been set up by the Central Government

(B) The chairman of the commission must be a sitting or retired judge of the Supreme Court

(C) The commission consists of 8 members out of which minimum 2 members are women

(D) It hears the appeals or complaints where the value/compensation exceeds Rs. 1 crore

(C) The commission consists of 8 members out of which minimum 2 members are women

(A) Both (A) and (R) are true and (R) is the correct explanation of (A)

(B) Both (A) and (R) are true and (R) is not the correct explanation of (A)

(C) (A) is true, but (R) is false

(D) (A) is false, but (R) is true

(A) Both (A) and (R) are true and (R) is the correct explanation of (A)

(A) quite common in India

(B) not common in India

(C) not provided by statute in India

(D) provided in the Company's Act, 1956

(B) not common in India

(A) Limited partnership business

(B) Joint Hindu family business

(C) Co-operative form of business

(D) Export & import form of business

(B) Joint Hindu family business

Business And Commerce - Study Mode