Gate/Business Studies Sample Test,Sample questions

Question:
 Common People can deal in stock exchange through?

1.Directly

2.Banks

3.Broker

4.Financial Institution


Question:
 In case of death or insolvency of a partner the firm is?

1.Dissolved

2.Carried on

3.New owner

4.None of the above


Question:
 In which account Dividend & Interest take place?

1.Profit & Loss Account

2.Current Account

3.Savings Account

4.Personal Account


Question:
 In which firm the agreement is Oral or Written?

1.Partnership

2.Sole Proprietorship

3.HUF

4.Co-operative Society


Question:
 In which year SEBI was established?

1.1989

2.1992

3.1993

4.1997


Question:
 Indexing is?

1.Aid to filing

2.Method of maintaining books

3.Journal

4.Method of maintaining account books


Question:
 Raising more money than profitable used causes?

1.Capitalization

2.Excess Share Capital

3.Over-Capitalization

4.Dividend


Question:
 What contains the rules regarding the activities of a company?

1.Memorandum of Association

2.Article of Association

3.Partnership Deed

4.None of the above


Question:
 Which term related to joint stock companies?

1.Share Capital

2.Capitalization

3.Dividend

4.Debentures


Question:
 Who controls the Stock Exchanges in India?

1.RBI

2.Banks

3.SEC

4.SEBI


Question:
A partner in a firm _____.

1.Can Transfer his shares to an outsider

2.Can Transfer his shares to an outsider with the permission of partners

3.Cannot transfer his shares

4.None of the above


Question:
A private company can issue?

1.Dividend

2.Deferred Shares

3.Bonds

4.Vouchers


Question:
A speculator who applies for new share is?

1.Middle Man

2.Jobbler

3.Employee

4.Stag


Question:
A Statutory Corporation means?

1.Dependency on Union Government

2.Public Company

3.Private Company

4.Public Corporation


Question:
Companies Act 2013 govern?

1.Partnership firm

2.Co-Operative Society

3.Joint Stock Company

4.Sole Proprietorship


Question:
Create a customer is a valid definition of?

1.Business Purpose

2.Factory Purpose

3.Entrepreneur

4.None of the Above


Question:
Equity Shares are?

1.Non-redeemable

2.Redeemable

3.Non-Transferrable

4.Transferrable


Question:
From where a Partnership Firm cannot raise funds?

1.Debentures

2.Bank Loan

3.Share Capital

4.None of the above


Question:
How can a member resign from a cooperative society?

1.Withdrawing his capital

2.Transferring his share to another person

3.Transfer his shares to a fellow member.

4.None of the above


Question:
Hunting is what kind of Industry?

1.Intellectual

2.Interpretation

3.Extractive

4.Economic


Question:
Individual Ownership is called as?

1.Joint Trade Business

2.Sole Proprietorship

3.Co-Operative Society

4.Partnership


Question:
Investment in Equity Shares is?

1.Profitable

2.Risky

3.Most Risky

4.Non – Profitable


Question:
Maximum number of partners allowed in Banking Business?

1.Infinite

2.10

3.20

4.50


Question:
Membership in a Co-Operative Society is?

1.Voluntary

2.Compulsory

3.Not Essential

4.None of the above


Question:
Minimum members required for registration of a Co-Operative Society?

1.5

2.10

3.20

4.7


Question:
Minimum Members required in a PVT. Ltd firm are?

1.5

2.2

3.10

4.50


Question:
Minimum Number of members a Private Company should have?

1.15

2.20

3.2

4.5


Question:
Minimum Shareholders required in a Public Company?

1.5

2.6

3.8

4.7


Question:
On Director's recommendation which capital is distributed as Dividend?

1.Share Capital

2.Preference Capital

3.Build Up Capital

4.None of the above


Question:
Share Warrants are issued by which company?

1.NGO

2.Co-Operative Society

3.HUF

4.Public Ltd. Company


Question:
The main monetary capacity of new issue market is to?

1.Give Direction

2.Provide Liquidity Securities

3.Provide facilities for converting savings into investments

4.None of the above


Question:
What does speculation in Stock Exchange means?

1.Buying and selling securities in hope of profit

2.Making secret profits

3.Gambling in securities

4.None of the above


Question:
What does Stock Exchange deal with?

1.Issue of Debentures

2.Issue of securities

3.Issue of second hand securities

4.Issue of preference shares


Question:
What is an Economic Activity?

1.The activity of making, providing, purchasing, or selling goods or services.

2.An industry in that part of the economy that creates services rather than tangible objects.

3.It is a category of property that includes intangible creations of the human intellect.

4.Services that focus on the creation, re-arrangement and interpretation of new and existing ideas.


Question:
What is Business?

1.Buying & Selling of Goods

2.Commerce & Industry

3.Trade

4.None of the above


Question:
When right to sell is acquired, it is termed as?

1.Double Option

2.Single Option

3.Call Option

4.Put Option


Question:
Where was the first stock exchange set up in India?

1.Delhi

2.Calcutta

3.Bombay

4.Bangalore


Question:
Which firm is a legal and accountable entity?

1.Sole Proprietorship

2.HUF

3.Partnership Entity

4.Co-Operative Society


Question:
Which firm is called invisible and intangible?

1.Partnership

2.HUF

3.Company

4.Co-Operative Society


Question:
Which of coming up next are parts of coordinated area of stock trade?

1.Investor in securities

2.Stocks

3.Banks

4.Financial Institution


Question:
Which of the below is not an ownership security?

1.Debentures

2.Fixed Deposit

3.Preference Shares

4.Equity Shares


Question:
Which of the following are Short Term Finance?

1.Loan

2.Bank Overdraft

3.Mortgage Loan

4.None of the above


Question:
Who is not entitled to the share of profits?

1.Manager

2.Shareholders

3.Partners

4.Nominal Partner


Question:
Who is the servant of the firm with a share in the profits?

1.Manager

2.Employee

3.CEO

4.Shareholder


Question:
Who takes no active part in Business?

1.CEO

2.Managing Director

3.Dormant Partner

4.Minor Partner


Question:
Who takes part in the incorporation of a company?

1.Promoter

2.Shareholder

3.Owner

4.None of the above


Question:
Whose Liability is limited to the extent of his capital to the firm?

1.Owner

2.Partner

3.Employee

4.None of the above


Question:
Whose liability is limited to the extent of value of business assets and his private assets?

1.Partnership Firm

2.Sole Proprietorship

3.Co-Operative Society

4.HUF


Question:
Whose liability is limited to the paid-up value of shares?

1.Partners

2.Manager

3.Employee

4.Shareholders


Question:
Whose property is not liable for the debts of a company?

1.Owner

2.Shareholders

3.Employee

4.Minor Partner


More MCQS

  1. Business Studies-[Class 11-MCQ ]-Chapter 1- Nature and Purpose of Business
  2. Business Studies-[Class 11-MCQS ]-Chapter 2 Forms of Business Organisation
  3. Business Studies-[Class 11-MCQS ]-Chapter 3 Private, Public and Global Enterprises
  4. Business Studies-[Class 11-MCQS ]-Chapter 4 Business Services
  5. Business Studies-[Class 11-MCQS ]-Chapter 5 Emerging Modes of Business
  6. Business Studies-[Class 11-MCQS ]-Chapter 6 Social Responsibilities of Business
  7. Business Studies-[Class 11-MCQS ]-Chapter 7 Formation of a Company
  8. Business Studies-[Class 11-MCQS ]-Chapter 8 Sources of Business Finance
  9. Business Studies-[Class 11-MCQS ]-Chapter 9 Small Business
  10. Business Studies-[Class 11-MCQS ]-Chapter 10 Internal Trade
  11. Business Studies-[Class 11-MCQS ]-Chapter 11 International Business
  12. Business Studies-[Class 11-MCQS ]-Chapter 12 International Business
  13. Business Studies-[Class 12-MCQS ]-Chapter 1 Nature and Significance of Management
  14. Business Studies-[Class 12-MCQS ]-Chapter 2 Principles of Management
  15. Business Studies-[Class 12-MCQS ]-Chapter 3 Business Environment
  16. Business Studies-[Class 12-MCQS ]-Chapter 4 Planning
  17. Business Studies-[Class 12-MCQS ]-Chapter 5 Organising
  18. Business Studies-[Class 12-MCQS ]-Chapter 6 Staffing
  19. Business Studies-[Class 12-MCQS ]-Chapter 7 Directing
  20. Business Studies-[Class 12-MCQS ]-Chapter 9 Financial Management
  21. Business Studies-[Class 12-MCQS ]-Chapter 10 Financial Market
  22. Business Studies-[Class 12-MCQS ]-Chapter 11 Marketing
  23. Business Studies-[Class 12-MCQS ]-Chapter 12 Consumer Protection
  24. Financial Accounting MCQ Part 2
  25. Financial Accounting MCQ Part 3
  26. Business Economics MCQ Part 2
  27. Business Economics MCQ Questions and Answers Part 3
  28. Corporate Finance MCQ Set 1
  29. Corporate Finance MCQ Set 2
  30. Direct Tax MCQ Set 2
  31. Business Information Systems MCQ Set 1
  32. Business Information Systems MCQ set 2
  33. Business Information Systems MCQ set 3
  34. Business Law MCQ Set 1
  35. Business Law MCQ Set 2
  36. Business Law Set 3
  37. Business Studies
  38. BUSINESS ENVIRONMENT MCQ QUESTION AND ANSWER
  39. Business Studies Staffing MCQ QUSESTION AND ANSWER
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