Business And Commerce - Study Mode
[#301] Foreign bank draft is used
Correct Answer
(C) Foreign trade
[#302] Section 2 (62) of the Companies Act, 2013 is related to
Correct Answer
(B) 'One person' Company
[#303] Who among the following has given Absolute Advantage Model of international trade?
Correct Answer
(A) Adam Smith
[#304] Given below are two statements. One is labelled Assertion (A) and the other is labelled as Reason (R) . Assertion (A): Self help by mutual help is feature of cooperation. Reason (R): The ultimate aim of cooperation is the production of fine human being and not the production of rich goods. In the light of the above statement s choose the correct answer from the option given below
Correct Answer
(A) Both A and R are true and R is the correct explanation of A
[#305] Which form of business organization is best from the point of view of secrecy.
Correct Answer
(A) Sole proprietorship business