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Viva voce Business Studies 2021

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

Withdrawal of money from ATM is an example of ______ transaction.

a)

C2B

b)

C2C

c)

B2C

d)

B2B

2.

Which one of the following is a factor which gives advantage to e-business over traditional business?

a)

Transaction risks

b)

Investment requirements

c)

Ethical fallouts

d)

Personal touch with customers

3.

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

a)

Banking Industry

b)

Insurance Industry

c)

Transportation Industry

d)

All of the above

4.

The risk of loss gets spread over a large number of shareholders. Identify the feature of company highlighted here

a)

Risk bearing

b)

Common seal

c)

Liability

d)

Control

5.

An arrangement by which a bank allows its customer to borrow money up to the specified limit.

a)

Cash credits

b)

Pass book

c)

Cash book

d)

Account Page

6.

The possibilities of inadequate profits or even losses due to uncertainties are known as

a)

Business Contingencies

b)

Business Risks

c)

Business Ventures

d)

None of these

7.

Rules regarding internal management of a company is mentioned in the

a)

Memorandum of Association

b)

Prospectus

c)

Articles of Association

d)

Certificate of incorporation

8.

________ account is meant for people who wish to save a part of their income to safeguard the future and earn interest on it.

a)

Current account

b)

Saving account

c)

Recurring account

d)

Multiple option account

9.

A government company is any company in which the paid up capital held by government is not less than

a)

49%

b)

51%

c)

50%

d)

25%

10.

Which of the following is not covered under the principle of indemnity?

a)

Life Insurance

b)

Fire Insurance

c)

Marine Insurance

d)

Theft Insurance