Question # 1

For the sale of goods, a businessman depends upon:

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The employees

The relatives

The demand of customers

None of these

The audit of a public limited company is

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Not necessary

Necessary on yearly basis

After every three years

After every six months

The best form of a partnership deed is

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Verbal

Written

Written & registered

None of the above

The shares of a co-operative society can be transferred

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At any time

After 6 months

After 1 years

All are wrong

The members of chamber of commerce and industry can be:

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Local persons

Foreign persons

Both

None of these

How many types of an indents

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2

3

4

5

What is excluded from a co-operative society

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Consumer

Retailer

Wholesaler

Capitalist

Co-operative society started in

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1840

1844

1845

1850

If the price and quality of goods alongwith other factors are decided before the execution of order then it is called

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Close indent

Open indent

Both a and b

None of these

The directors are selected by

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Shareholders

Promoters

Board of directors

All three can do

Export trade includes all the activities, which are performed in sending goods from one country to another country is called

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Import trade

Export trade

Foreign trade

None of these

People who run the management of a joint stock company are:

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Shareholders

Creditors

Directors

Debenture holders

Typewriter was invented in

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1870

1873

1973

None of these

Which business organization can be dissolved through a legal procedure

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Sole tradership

Partnership

Joint stock company

None of these

A document having the detail of sold goods is

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Invoice

Payment receipt

Debit note

Inquiry letter

Which one is the fastest transport

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Water

Air

Land

All the above

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