Question # 1

Home trade does not include:

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Producers

Wholesaler

Retailer

Importers

Trade is an activity of buying ans selling of goods for money or other goods are called

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Trade

Home trade

Foreign trade

None of the above

A retailer buys and sells goods in:

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Reasonable quantity

Abundant quantity

Less quantity

All the above

After the formation of a company, what is the first meeting of shareholders is called

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Statutory meeting

Annual general meeting

Extra ordinary meeting

None of these

Before selling, fruits are kept in

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Home

Factory

Godown

Office

The minimum number of directors in a multi-members private ltd. company

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Five

Seven

Two

Not fixed

A sole proprietor forms his business after

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The government's acceptance

Fulfilling the legal requirements

His own will

The permission of relatives

The reference number is written after writing the heading in the letter:

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On left side

On right side

In the end

None of these

Because of an organized office, business

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Expands/widens

Contracts

remains unchanged

None of these

Types of members of chamber of commerce and industry are:

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Four

Five

Three

Two

The liability of members in co-operative society is generally:

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Limited

Unlimited

Both (a) and (b)

None

In horizontal filing, files are kept

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In flat or horizontal position

In vertical position

Fixed with ribbon on cardboard

None of these

Office means a place where

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Organization's records/papers are kept

Workers take rest

Visitors wait

Clerical work is done besides keeping records

A person who deals in ready made item is:

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Manufacturer

Worker

Trader

Distributor

A company in which at least 51% shares are held by the govt. is called:

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Chartered company

Public company

Statutory company

Government company

Because of international trade, the less developed countries make progress:

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Economically

Politically

Stately/republically

None of the above

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