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 buying of goods or services from abroad?

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Export

Import

Trade difference

Trade deficit

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Question # 3

Trade and all those activities, related to the transfer of goods from producer to consumers are known as

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Commerce

Business

Trade

Organization

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Question # 4

Business organization is an institution organized

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And operated to provide goods and services to the society under the incentive of private gain

And operated to provide goods and services to the society under the incentive of private loss

And operated to produce goods only to the society under the incentive of private gain

And operated to produce goods only to the society under the incentive of public loss

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Question # 5

A person or an organization which buys the share of a particular company is known as

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Subscriber

Manager

Builder

None of these

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Question # 6

What are the two types of public limited company?

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i) Company limited by guarantee ii) Company limited by public

i) Company limited by public ii) Company limited by shares

Company limited by guarantee ii) Company limited by shares

None of these

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