Business Studies

Which of the following is/are treated as auxiliaries to trade?

• Banking industry

• Insurance industry

• Transportation industry

• All of the above

Ruchi is practicing as a chartered accountant.Identify the type of economic activity performed by Ruchi.

• Business

• Profession

• Employment

• None of the above

A Joint Hindu family business is run by Mr Sachin as the eldest member of the family,how Mr Sachin should be designated in the family business?

• Elder member

• Karta

• Co- parceners

• Partner

Rakesh and Rajiv are two close friends who decided to take the franchise of Tata sky. Both of them invested equally .Name the form of business organisations run by the friends.

• Partnership

• One person company

• Sole proprietorship

• None of the above

How powers and objectives of a Public corporation/Statutory corporation is defined?

• By Company Act

• By partnership act

• By Special Act

• All of the above

LIC is an example of _________

• Statutory corporation

• Public company

• Departmental undertaking

Ankur wants to save rupees 3000 every month.Which type of bank account he should open with the bank?

• Current account

• Recurring deposit account

• PPF account

• Saving account

In a B2C business transaction which parties are involved ?

• Only business firms

• Only customers

• Business and customer

• Third parties

That an enterprise must behave as a good citizen is an example of its responsibility towards---------

• Community

• Workers

• Owners

Carbon monoxide emitted by automobiles directly contributes to_______

• Water pollution

• Air pollution

• Noise pollution