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1A. Select the correct answer from the options given below and rewrite the statements. Question 1.____________ is a person whose name is entered in the Register of Members.(a) Member(b) Creditors(c) RegistrarAnswer:(a) Member Question 2.A person can be called as a Member when the name is entered in ____________(a) Register of charges(b) Register of Members(c) List … Read more

1A. Select the correct answer from the options given below and rewrite the statements. Question 1.___________ is a primary document of the company which contains the aims and objectives of the company.(a) Memorandum of Association(b) Articles of Association(c) ProspectusAnswer:(a) Memorandum of Association Question 2.___________ describes the relationship between company and outsiders.(a) Memorandum of Association(b) Articles … Read more

1A. Select the correct answer from the options given below and rewrite the statements. Question 1.A company is ____________(a) a human being(b) an artificial person created by law(c) a natural individualAnswer:(b) an artificial person created by law Question 2.____________ are the persons who undertake the process of formation of a company.(a) Promoters(b) Directors(c) Registrar of … Read more

1A. Select the correct answer from the options given below and rewrite the statements. Question 1.A sole proprietorship has ______________ owner/owners.(a) one(b) two(c) fiveAnswer:(a) one Question 2.The head of Joint Hindu Family Business is called as ______________(a) Proprietor(b) Director(c) KartaAnswer:(c) Karta Question 3.Indian Partnership Act was passed in the year ______________(a) 1923(b) 1932(c) 1956Answer:(b) 1932 … Read more

1A. Select the correct answer from the options given below and rewrite the statements. Question 1.The word Secretary is derived from the Latin word ____________ which means a confidential writer.(a) Amatya(b) Scribae(c) SecretariusAnswer:(c) Secretarius Question 2.Only ____________ can be appointed as a Secretary.(a) an Individual(b) a Partnership firm(c) a Joint-stock companyAnswer:(a) an individual Question 3.A … Read more

1. (A) Select the correct option and rewrite the sentences Question 1.Management is ………………….(a) dynamic(b) static(c) selectiveAnswer:(a) dynamic Question 2.Management uses …………………. method of observation.(a) unscientific(b) artificial(c) scientificAnswer:(c) scientific Question 3.To help top level management in co-ordinating the activities is the function of …………………. level management.(a) middle(b) lower(c) topAnswer:(a) middle Question 4.To look after the … Read more

1. (A) Select the correct option and rewrite the sentence Question 1.The business environment has a tremendous impact on ………………..(a) business(b) government(c) societyAnswer:(a) business Question 2.The new Industrial policy was formulated in ………………..(a) 1947(b) 1951(c) 1991Answer:(c) 1991 Question 3.Changes in ruling government is an aspect of ……………….. environment.(a) political(b) technological(c) economicAnswer:(a) political Question 4.Literacy level … Read more

1. (A) Select the correct option and rewrite the sentence Question 1.Small Industrial Development Bank of India (SIDBI) was established in …………………(a) 1989(b) 1990(c) 1991Answer:(b) 1990 Question 2.SIDBI was established under the Small Industrial Development Bank of India Act, …………………(a) 1988(b) 1992(c) 1996Answer:(a) 1988 Question 3.………………… is Principal Financial Institution for Promotion, the Micro, Small … Read more

1. (A) Select the correct option and rewrite the sentence Question 1.Departmental Organisation is financed through …………………… appropriations made by the legislature.(a) annual budget(b) monthly budget(c) quarterly budgetAnswer:(a) annual budget Question 2.A ………………. is an autonomous corporate body created by the special Act of the parliament or State legislature.(a) Statutory corporation(b) government company(c) MNCAnswer:(a) Statutory … Read more

1. (A) Select the Correct option and rewrite the sentence Question 1.A sole trading concern ensures ……………….. business secrecy.(a) maximum(b) minimum(c) limitedAnswer:(a) maximum Question 2.The members of Hindu undivided family business are called ………………..(a) carpenter(b) co-parcener(c) parcenersAnswer:(b) co-parcener Question 3.The head of Joint Hindu Family Business is called as ………………..(a) KARTA(b) owner(c) managerAnswer:(a) KARTA Question … Read more