Quiz for Commerce

Which of the following is not an economic activity?

• A doctor practicing

• A lawyer practicing law

• A profesional cricketer playing cricket

• A student playing cricket

In India GST came effective from July 1st, 2017, India has chosen _____ model

• USA

• UK

• Canadian

• China

Patent, Copyrights and trade marks are

• Current assets

• Fixed assets

• Intangible assets

• Investments

Which of the following is not a manufacturing Industry

• Iron and Steel works

• Flour mills

• Fruit canning

• Mining

Ownership securities are represented by

• Stock

• Loan

• Debt

• Debentures

In journal, the Business transaction is recorded

• Same day

• Next day

• Once a week

• Once in a month

When was life insurance sector nationalized?

• 1947

• 1951

• 1956

• 1959

Which of the following describes e-commerce ?

• Doing business

• Doing business electronically

• Sales of goods

• All of the above

Who is the Leader of the last resort in the banking structure of India ?

• State bank of India

• Union bank of India

• EXIM bank of India

• Reserve bank of India

Which country overtook China as the World's biggest market for a two wheeler?

• Iraq

• India

• Japan

• New Zealand