Business And Commerce - Study Mode

[#266] Duty levied on the value of goods imported is referred to as
Correct Answer

(A) Ad valorem Duty

[#267] What is included in Re-export business
Correct Answer

(D) Export of imported goods and services

[#268] Import procedure begins with
Correct Answer

(A) Indent

[#269] Which one of the following is not a principle of business organization?
Correct Answer

(D) Principle of profit

[#270] Which of the following are components of organized sector of stock exchange?
Correct Answer

(B) Investors in securities

Explanation

Solution: Investors in securities are components of organized sector of stock exchange. The organised sector of the capital market comprises all the term-lendxading financial institutions (or development banks or non-banking financial institutions, like 1DB1, ICICI, etc.), banks with their mexaddium-term and their merchant banking divixadsions or subsidiaries, LIC, GIC, UTI and the stock exchanges (an essential component of the capital market).