Question # 1

If the price and quality of goods alongwith other factors are decided before the execution of order then it is called

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Close indent

Open indent

Both a and b

None of these

A public Ltd. company is included in the list of

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Business centre

Custom authorities

Stock exchange

Chamber of commerce

Due to advertisement, quality products are available at:

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Reasonable price

Low price

High price

None of the above

In order to wind up the sole tradership:

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The acceptance of the government is sought

No legal process is required

The meeting of administration is required

The will of the friends is required

The departmental stores are generally found

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Outside the city

In important centers of the city

In center of the city

In all areas

The maximum number of partners in banking business are:

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Ten

Twenty

Thirty

Fifty

The letters sent for personal or domestic matters are called:

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Formal letters

Routine letters

Personalletters

None of these

Sole proprietor's is generally carried on

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Small scale

Medium scale

Large scale

All these are wrong

The exporter gets the certificate of origin from

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Chamber of commerce

Custom officials

Importing bank

Exporting bank

In a large business, a separate department is responsible for advertising the products. are called

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Purchase department

Sales department

Advertising department

Administrative department

Secondary industry can be divided into two parts

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Constructive, extractive

Constructive, manufacturing

Extractive, genetics

Constructive, genetics

A sole proprietor may expand his business by:

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Employing more persons

Having a new shareholder

Both (a) and (b)

Having more shareholders

The time recording machine is used in

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Industrial concerns

Colleges

Hospitals

All are correct

The letter of credit is opened on the request of

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Importer

Exporter

Government

None of these

The memorandum and articles of company are

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Two names of the same document

Two different documents

They are not documents

Both have the same objective

The time recording machine is used in:

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Industrial concerns

Colleges

Hospitals

All are correct

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