Business and Commerce MCQs

Question 1

Which function is basis of control?

Accepted Answer

Planning

Answer

Organizing

Answer

Controlling

Answer

staffing

Question 2

_________ is a force to drive a person to action.

Accepted Answer

Motivation

Answer

Co ordination

Answer

Co-operation

Answer

Control

Question 3

_________ Deals with appointing people and placing them at the appropriate jobs.

Accepted Answer

Staffing

Answer

Human resources

Answer

Recruitment

Answer

Placement

Question 4

Which one of the following replaced MRTP?

Accepted Answer

Competition Act

Answer

FRBM Act

Answer

FEMA

Answer

FERA

Question 5

Match List-I with List-II: List-I (Trade and Finance Institution) List-II (Headquarters) a. WTO 1. Brussels b. IMF 2. Geneva c. FAO 3. Washington d. EU 4. Rome Choose the correct option from those given below

Accepted Answer

a-2, b-3, c-4, d-1

Answer

a-1, b-2, c-3, d-4

Answer

a-3, b-2, c-1, d-4

Answer

a-1, b-3, c-2, d-4

Question 6

The authority which plays advisory and supporting role in an organisation is called:

Accepted Answer

Staff authority

Answer

Line authority

Answer

functional authority

Answer

Informal authority

Question 7

The nature of multinational corporation is in

Accepted Answer

Oligopolistic

Answer

Monopolistic

Answer

Duosponistic

Answer

Diegopolistic

Question 8

The person who bears a risk to produce goods or services to earn profit is called

Accepted Answer

Entrepreneur

Answer

Professional

Answer

Trader

Answer

Investor

Question 9

Rationalisation has its origin in:

Accepted Answer

German Industry

Answer

French industry

Answer

British Industry

Answer

Russian Industry