Question # 1

The basic aim of a co-operative society is:

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To store goods

To earn profit

To serve members

All the above

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

The bill of lading reveals the

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Legal ownership of goods

Price of goods

Government ownership of goods

None of the above

Who has the authority of nominating members in the committee of chamber of commerce & industry:

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Government

Public

Businessmen

Workers

If the copy of letter is to be sent to another person then the written word is called

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C.C

P.C

T.C

P.G

Types of members of chamber of commerce and industry are:

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Four

Five

Three

Two

The directors are selected by

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Shareholders

Promoters

Board of directors

All three can do

The letters sent for personal or domestic matters are called:

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Formal letters

Routine letters

Personalletters

None of these

The objective of life insurance is to:

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Make investment

Lessen the financial burden

Get security for loan

All of above

The goods are sold in a chain store at

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One price

Different prices

Fixed price

All the above

Typewriter was invented in:

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1870

1873

1973

None of these

The price of the share of society is

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Equal to the face price

Above the face price

Less than the face price

All the above

By storing some items in the warehouses for a long period of time:

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Price increases

Price decreases

Price remains stable

Items perishes

Economic activity which gives

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Predetermined income

Fixed income

Both a and b

None of these

One to advertisement, the sale of goods

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Decreases

Increases

Remains same

Both a and b are possible

Primary industry can be divided into two parts/types:

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Extractive, genetics

Constructive, genetics

Extractive, secondary

Constructive, manufacturing

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