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NAT I Commerce Commerce MCQs With Answers
Question # 1
Change in memorandum of association is possible by
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Shareholders
Promoters
Government
Directors
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Question # 2
Sole proprietorship is suitable for
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Large scale business
Medium scale business
Small scale business
For all of these
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Question # 3
Which business organization can sale its shares to public:
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Partnership
Private Limited Company
Sole proprietorship
Public Limited Company
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Question # 4
The documents through which the public is offered to purchase the shares of the company is called
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Prospectus
Articles of association
Memorandum of association
Statement in lieu of prospectus
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Question # 5
The method of Card Board Filling System is
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Old
New
Safe
Famous
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Question # 6
Sole proprietorship is suitable for:
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Large scale business
Small scale business
Medium scale business
All of these
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Question # 7
The sole proprietorship is
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Elastic
Inelastic
Durable
None of these
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Question # 8
The persons who form the joint stock company
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Shareholders
Promoters
Mangers
Auditors
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Question # 9
Similar subject having letter send to many people is
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Inquiry letter
Order letter
Circular letter
Quotation letter
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Question # 10
In sole-proprietorship the capital is
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Limited
Unlimited
Depends upon sources of the owner
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Question # 11
Retailer sells the goods to
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Consumers
Hawkers
Industrialist
Wholesaler
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