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Commerce Quiz

Total questions: 17

Worksheet time: 8mins

Name
Class
Date
1.

Accounting furnishes data on

a)

Income and cost for the managers

b)

Financial conditions of the institutions

c)

Company’s tax liability for a particular year

d)

All the above

2.

Bonus Shares are issued to–

a)

Equity Shareholders

b)

Preference Shareholders

c)

Debenture Holders

d)

Secured Creditors

3.

The Life Insurance in India was nationalised in the year–

a)

1870

b)

1956

c)

1960

d)

1966

4.

Memorandum of Association contains–

a)

Objective clause

b)

Name clause

c)

Capital clause

d)

All of the above

5.

Memorandum of Association contains–

a)

Objective clause

b)

Name clause

c)

Capital clause

d)

All of the above

6.

Who is Father of Scientific Management ?

a)

Henry Fayol

b)

Elton Mayo

c)

Chester Bernard

d)

F. W. Taylor

7.

What is the logo of Nike ?

a)
b)
c)
d)
8.

Business is a _________ activity

a)

Organised

b)

Unorganised

c)

Casual

d)

Once in a lifetime

9.

Business is more affected by

a)

Supplier policy

b)

Market changes

c)

Government policy

d)

Not affected at all

10.

What is the full form of MIS

4 lines
11.

Business depends on

a)

Internal Environment

b)

External Environment

c)

Nothing to specify

12.

What is the full form of swot

4 lines
13.

From which five year plan "Growth with social Justice" has received emphasis?

a)

5th

b)

6th

c)

7th

d)

10th

14.

Which of the following is not the objective of the competition act, 2002?

a)

Prohibition of restrictive trade practices

b)

Prohibition of dominant position

c)

Prohibition of anti-competitive agreement

d)

Regulation of combinations

15.

Which one of the following statements are true about standard labour time?

a)

Standard labour time indicates the time in hours needed for a specific process

b)

It is standardized on the basis of past experience

c)

In fixing standard time due allowance should not be given to fatigue and tool setting

d)

The production manager does not provide any input in setting the labour time standards.

16.

If the two regression coefficient are 0.8 and 0,2 then the value of coefficient of correlation is-

a)

-0.16

b)

+ 0.50

c)

+ 0.40

d)

-0.40

17.

A statement containing items such as job title, location, conditions, etc., is called-

a)

Job specification

b)

Job evaluation

c)

Job description

d)

Job analysis