35 Business MCQ Questions in english

35 Business MCQ Questions in english हिन्दी

35. What exactly is a Statutory Corporation?

A. Private Company

B. Public Corporation

C. Dependency on Union Government

D. Public Company

34. Which capital is distributed as a dividend based on the recommendation of the Board of Directors?

A. Preference Capital

B. Build Up Capital

C. Share Capital

D. None of the above

33. How does a member of a cooperative society resign?

A. Transferring his share to another person

B. Transfer his shares to a fellow member.

C. Withdrawing his capital

D. None of the above

32. Is there a minimum number of members required to register a Co-Operative Society?

A. 10

B. 5

C. 20

D. 7

31. What is membership in a cooperative society?

A. Not Essential

B. Compulsory

C. Voluntary

D. None of the above

30. Which Firm is referred to as invisible and intangible?

A. Co-Operative Society

B. Partnership

C. HUF

D. Company

29. Whose liability is limited to the amount paid for the shares?

A. Shareholders

B. Employee

C. Partners

D. Manager

28. What are the rules governing a company's operations?

A. Partnership Deed

B. Article of Association

C. Memorandum of Association

D. None of the above

27. The Companies Act of 2013 governs?

A. Joint Stock Company

B. Sole Proprietorship

C. Co-Operative Society

D. Partnership firm

26. The minimum number of members required in a PVT. Ltd firm is?

A. 10

B. 50

C. 5

D. 2

25. Who is not entitled to a profit share?

A. Nominal Partner

B. Manager

C. Partners

D. Shareholders

24. Who is the firm's employee who gets a cut of the profits?

A. Employee

B. CEO

C. Shareholder

D. Manager

23. A firm's partner is .

A. Cannot transfer his shares

B. Can Transfer his shares to an outsider

C. Can Transfer his shares to an outsider with the permission of partners

D. None of the above

22. Whose liability is limited to the amount of capital invested in the firm?

A. Employee

B. Owner

C. Partner

D. None of the above

21. Which firm has an oral or written agreement?

A. HUF

B. Co-operative Society

C. Partnership

D. Sole Proprietorship

20. What is the maximum number of partners permitted in the banking industry?

A. 50

B. Infinite

C. 20

D. 10

19. Whose liability is limited to the value of his business assets and his personal assets?

A. HUF

B. Co-Operative Society

C. Partnership Firm

D. Sole Proprietorship

18. In the event of the death or insolvency of a partner, what happens to the firm?

A. Carried on

B. New owner

C. Dissolved

D. None of the above

17. Whose property is not liable for a company's debts?

A. Shareholders

B. Minor Partner

C. Employee

D. Owner

16. Who does not participate actively in business?

A. Dormant Partner

B. Minor Partner

C. Managing Director

D. CEO

15. Individual ownership is referred to as?

A. Sole Proprietorship

B. Co-Operative Society

C. Joint Trade Business

D. Partnership

14. Is a valid definition of create a customer?

A. Entrepreneur

B. Business Purpose

C. Factory Purpose

D. None of the Above

13. What kind of industry is hunting?

A. Economic

B. Extractive

C. Interpretation

D. Intellectual

12. What exactly is an economic activity?

A. An industry in the economy that produces services rather than tangible goods.

B. Services centred on the development, reorganisation, and interpretation of new and existing ideas.

C. It is a category of property that includes intangible creations of the human intellect.

D. The activity of making, providing, purchasing, or selling goods or services.

11. What exactly is business?

A. Commerce & Industry

B. Trade

C. Buying & Selling of Goods

D. None of the above

10. Which of the following statements is false?

A. Traders serve as a link between producers and consumers.

B. Foreign trade is purchase and sale by the traders of the same country.

C. Commerce includes trade and auxiliaries to trade.

D. The scope of commerce is narrower than business.

9. Why is it necessary to generate a profit in business?

A. It increases the reputation of a company

B. It provides funds for future extension

C. It provides a return to investors.

D. All the above

8. Which business classifies support service activities?

A. Secondary Industries

B. Primary

C. Commercial

D. Tertiary industries

MCQ Subjects