Question # 1

The minimum number of directors in a public ltd. company:

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Seven

Nine

Eleven

Two

An agent appointed for sending goods to other countries is called

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Export agent

Import agent

Forwarding agent

Clearing agent

The management committee of society is elected by

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Shareholders

Government

The will of one person

All are correct

The producer puts the burden of advertisement expenses on:

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Himself

Consumers

Wholesaler and retailer

Both (b) and (c)

Because of import trade, the demand for national / home products:

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Reduces

Increases

Remains normal

Both (a) and (b)

Maximum number of members in a co-operative society:

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Ten

Twenty

Fifty

None of these

Which business organization requires legal permission for commencement

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Sole tradership

Partnership

Joint stock company

None of these

How many methods of selling goods in foreign countries

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5

7

8

9

Two types of industry

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Constructive, genetics

Extractive, genetics

Primary, secondary

Constructive, manufacturing

Kinds of letters are

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Two

Three

Four

None of these

The writing style of official letters is typical and definite. Moreover, the language of body in letter is always formal is called

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Typical style

Conciseness

Correctness

Simplicity

To increase business, small packets of goods are and distributed among the people at

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Less price

Free of cost

Original price

More profit

Who provides the capital for co-operative society

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Government

Members

Banks

None of these

The life of sole tradership is

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Long

Short

Defined/fixed

Both long and short

The letter of credit is opened on the request of:

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Importer

Exporter

Government

None of these

Limited partnership is formed under Limited Partnership Act:

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1997

2007

2010

2017

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