Commerce Quiz

What is business?

• Buying and Selling of goods

• Commerce and Industry

• Trade

• None of the above

What is Liability

• Resource

• Expense

• Obligation

• None of the above

What is transaction in accounting

• Political event

• Economic event

• Dividend

• Cash transaction

Policy formulation is a task of

• Top level managers

• Middle level managers

• Operational management

• All of the above

Where was the first stock exchange set up in India

• Delhi

• Calcutta

• Bombay

• Bangalore

Which of the following is not an Intellectual property right

• Patent

• Trademark

• Innovation

• Copyright

First bank of India is

• Imperial bank of India

• State bank of India

• ICICI

• Bank of Hindustan

Identify the activity which does not support trade

• Banking

• Warehousing

• Insurance

• Mining

Which of the following is not a management function

• Planning

• Staffing

• Cooperating

• Controlling

Teaching comes in

• Profession

• Employment

• Profession and Employment

• None of the above