Question # 1

A document having the detail of solid goods is:

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Invoice

Payment receipt

Debit note

Inquiry letter

Less capital is needed for which means of transport

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Water

Road

Air

All the above

Two important components of the business

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Trade and commerce

Industry and commerce

Trade and industry

Profit and loss

The goods are sold in a chain store at

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One price

Different prices

Fixed price

All the above

Kinds of filing are:

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Two

Three

Four

One

Because of international trade, the less developed countries make progress

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Economically

Politically

Stately/republically

None of the above

Co-operative society is established under the following act:

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1920

1925

1930

1935

What is written after salutation in business letter

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Name of business

Name of owner of business

Subject line

All the three

Holding company is a company which has:

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No shares of other company

Less than 50% shares of other company

More than 50% shares of other company

50% shares of other company

Paid premium is refundable in case of:

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Life insurance

Fire insurance

Valued policy

Marine insurance

In the absence of agreement, a partner receives on extra capital

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Interest

No interest

More share in profit

Salary

If any business organization is considered as a body then office is its

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Capital

Heart

Brain

None of these

Which insurance policy can be used as a security:

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Marine insurance

Fire insurance

Lifeinsurance

All the three

The shares of a co-operative society can be transferred:

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At any time

After 6 months

After 1 year

All are wrong

The liability of shareholders in co-operative society

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Limited

Unlimited

Both a and b

None

An import trader can get himself registered under:

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import and export control Act 1950

import and export control Act 1952

import and export control Act 1975

None of these

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