Business and Commerce MCQs

Question 1

Bretton Woods Conference resulted into the establishment of which of the following?

Accepted Answer

IMF and IBRD

Answer

IMF and IDA

Answer

IBRD and IFC

Answer

IDA and ADB

Question 2

A statutory corporation can be formed by:

Accepted Answer

Special Act of Parliament

Answer

Registered agreement

Answer

Registration under Societies Registration Act

Answer

All of these

Question 3

For making Balance of Trade favourable attempt should be made to

Accepted Answer

increase export and/or decrease imports

Answer

increase imports

Answer

increase imports and decrease exports

Answer

decrease imports and decrease exports

Question 4

A private limited company can issue

Accepted Answer

Share certificates

Answer

Share warrants

Answer

Debentures

Answer

None of these

Question 5

The World Trade Organization (WTO) started functioning legally on:

Accepted Answer

1st January, 1995

Answer

1st January, 1991

Answer

1st January, 1999

Answer

None of the above

Question 6

Which among the following is a non economic activity?

Accepted Answer

Charity

Answer

Business

Answer

Service

Answer

Profession

Question 7

Imports which expand productive capacity are known as-

Accepted Answer

Developmental imports

Answer

Maintenance imports

Answer

Anti-inflationary imports

Answer

None of the above

Question 8

Reason(s) for the fast growth of multinational corporations in the world is

Accepted Answer

All are correct

Answer

Research and Development

Answer

Technological Superiority

Answer

International Image

Question 9

Which of the following is not a 'force' in the "Porter Five Forces Model"?

Accepted Answer

Complementary products

Answer

Buyers

Answer

Suppliers

Answer

Industry rivalry