Question # 1

A sole proprietor may expand his business by

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Employing more persons

Having a new shareholder

Both a and b

Having more shareholders

The capital needed for a departmental store is:

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Less

More

Mechanical

None of the above

The department is responsible for selling goods to the customers are called

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sales department

Purchase department

Administrative department

None of these

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

Not in home trade

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Tax saving

Foreign currency

Stability in price

Decrease in expenditures

Private warehouses are owned by

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Business units

private individuals

Corporation units

None of these

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

An import trader can get himself registered under:

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import and export control Act 1950

import and export control Act 1952

import and export control Act 1975

None of these

The liability of a partner in partnership is normally

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Limited

Unlimited

Not at all

All the above

A retailer sells goods to:

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Consumer

Wholesaler

Manufacturer

All the above

The number of important and unimportant parts of a business letter can be

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Ten

Fourteen

Seven

None of these

Who does write the delivery order:

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Exporter

Owner of goods at port

Importer's bank

Govt. agnet

The basic objective of business is:

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Exchange

Earning Profit

Service to the society

Earning foreign exchange for the govt.

Circular letter is a kind of

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Official letter

Business letter

Both letters

None of these

A charter party is:

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A contract to reserve a ship for carrying goods

Application for opening the letter of credit

Letter of indemnity

All the three

According to Jiwan Sathi insurance,, the husband and wife are provided with financial security in:

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One installment

Two installment

Three installment

Fourinstallment

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