Business and Commerce MCQs

The advantages of combinations are
1. elimination of inter-firm competition.
2. ensuring smooth continuous supply of raw materials.
3. saving on middle men's margins.
4. ensuring larger control over the market.
Of the advantages given above, which ones are applicable to horizontal combinations?

Which of the following statements are true?
1. Transaction exposure is inherent in all foreign currencies denominated contractual transactions
2. Translation exposure relates to the change in accounting income and balance sheet statements caused by change in exchange rate
3. Economic exposure has an impact on the valuation of a firm
4. Operating exposure does not have any impact on the firm's future operating revenues or future operating costs
Choose the correct option from those below:

Given below are two statements. One is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A): Globalization refers to the free cross-border movement of goods, services, capital, information and people
Reason (R): Countries are consistently evolving innovative marketing barriers that are not WTO compatible
In the light of the above statements, choose the correct answer from the options given below

Given below are two statements. One is labelled Assertion (A) and the other is labelled as Reason (R).
Assertion (A): Self help by mutual help is feature of cooperation.
Reason (R): The ultimate aim of cooperation is the production of fine human being and not the production of rich goods.
In the light of the above statement s choose the correct answer from the option given below

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

The theories that explain the formation of 'Informal Groups' are to include which of the following?
1. Propinquity Theory
2. Similarity or Balance Theory
3. Displacement Theory
4. Need for achievement Theory
Choose the correct option from those given below:

Match List-I with List-II and select the correct answer:

List-I (Type of organisation)	List-II (Important features)
a. Sole trader	1. Large number of risk takers
b. Partnership	2. Betterment off weaker sections
c. Co-operatives	3. Contractual relationship
d. Public Limited Company	4. Unlimited liability

Match List-I with List-II:

List-I	List-II
a. Transfer of ownership	1. Negotiable Instrument
b. Sale of goodwill after dissolution	2. Contract of sale of goods
c. Buy-back of securities	3. Dissolution of partnership firm
d. Promissory Note	4. Share capital of company

Choose the correct option from those given below:

What are the drivers of globalization?
1. Population mobility especially of labour
2. Financial flows
3. Exporting
4. Assembly operations
Choose the correct answer from the following