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NAT I Commerce Commerce MCQs With Answers
Question # 1
Maximum number of partners in Banking business is
Choose an answer
40
30
20
10
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Question # 2
The important function of an office is
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To provide information
To sell the goods
To purchase the goods
To improve the efficiency of the management
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Question # 3
The formation of Joint stock Company is maintained under
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Company Act,1984
Company Act,1932
Company Act,1972
Company Act ,1911
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Question # 4
The liability of the shareholders of public Ltd Company is
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Limited
No one
Un limited
All wrong
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Question # 5
Development of National Trade solves the problems of
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Water
Unemployment
Illiteracy
All of these
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Question # 6
Change in memorandum of association is possible by
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Shareholders
Promoters
Government
Directors
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Question # 7
Co-operative society is formed under Act
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1925
1932
1935
1984
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Question # 8
The new latest machine of calculating is
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Calculator
Computer
Posting machine
Invoicing machine
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Question # 9
Which business organization can sale its shares to public:
Choose an answer
Partnership
Private Limited Company
Sole proprietorship
Public Limited Company
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Question # 10
The kind of human activities are
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Three
Four
Two
Five
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Question # 11
The persons who take part in the formation of the joint stock company are called
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Promoters
Shareholders
Directors
Debenture holders
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