Question # 1

The most important document of a company is

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The memorandum

The articles

The prospectus

The accounts of company

Insurance is an agreement in which the insurer:

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Gives profit

Give interest

Compensates loss

All the above

Wholesalers buy and resell merchandize to retailers and other merchants and to industrial, institutional and commercial users, and do not sell in significant amount to ultimate consumers are called

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Wholesale trade

Retail trade

Proper wholesale

None of the above

Shares issued to promoter are called:

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Ordinary shares

Preference shares

Deferred shares

None of these

On the death of the insured, sum is paid to:

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Friends

Dependents

Relatives

Insurer

Method of preserving paperss

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Indexing

Filing

Storage

All are correct

Attainment of common objectives under the guidance of the leader of organization is possible through:

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Office

Office organizations

Workers

Customers

The following is used for posting through posting machine

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Debit card

Credit card

Larger card

None of these

A co-operative society is established by

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Government institutions

Capitalist

Financially weak consumer

All the people

The indent is also called

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marine insurance policy

Inquiry letter

Bill of lading

None of these

The word index is derived from which language:

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Greek

Latin

French

Japanese

The exporter gets the certificate of origin from:

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Chamber of commerce

Custom officials

Importing bank

Exporting banks

Which type of business organization has separate legal status apart from shareholders

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A sole tradership

A partnership

Joint stock company

None of these

The departmental store are generally found:

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Outside the city

In important centers of the city

In center of the city

In all areas

If a person having a property of two lakhs and insurance of fifty thousand, then in case of loss the company will pay:

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25 thousand

50 thousand

1 lakh

Nothing

A retailer sells goods to:

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Consumer

Wholesaler

Manufacturer

All the above

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