NAT II Management Science Business Ethics MCQs With Answers

Question # 1

The activities which are related to the production and distribution of goods and service with the object of earning profit is known as

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Business

Trade

Commerce

Organization

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Question # 2

What is called the certificate issued is creditors or investors by the company for security of debt?

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Debenture

Ordinary share

Limited share

Issuance

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Question # 3

What is the major difference between the memorandum of Association and the Articles of Association?

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Memorandum of Association is a subsidiary is primary document

There is no major difference between these too

Memorandum of Association is a primary document and Articles of Association is subsidiary document

Memorandum of Association is a secondary document and Articles of Association is subsidiary document

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Question # 4

Name any one major difference between the Public Company and Private Company?

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A public company cannot issue prospectus to invite public for purchase of shares while private company can issue prospectus

There is not major difference between these two

A Public company can issue prospectus to invite public for purchase of shares while private company cannot issue propectus

None of these

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Question # 5

Types of Co-operative Societies:

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Producers co-operative societies

Co-operative marketing societies

Co-operative insurrance

All of the above

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Question # 6

What does a converted debenture into share represent?

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Debenture stock

Under stock

Debenture share

None of these

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