Business and Commerce
Enhance your knowledge of Business and Commerce with a wide range of MCQs with answers and detailed explanations. Topics include business management, commerce, trade, economics, marketing, finance, entrepreneurship, and organizational behavior. These multiple-choice questions are designed for students, teachers, and candidates preparing for competitive exams (CSS, PMS, NTS, FPSC, PPSC, UPSC, MBA entry tests, etc.). Each MCQ is followed by a clear explanation to help you understand concepts deeply, improve analytical skills, and achieve success in exams. Ideal for practice, self-study, and revision in the field of Business and Commerce.
the liability of members
the minimum number of members required for registration
the maximum number of members
method of distribution of profit
✅ The correct answer is C.
Co-operative and public companies are similar in respect of the maximum number of members.
Reduction of risk
Avoiding of risk
Transferring of risk
Shifting of risk
✅ The correct answer is B.
The principle of prevention is better than cure refers to Avoiding of risk.
3011992
111992
431992
441992
✅ The correct answer is A.
Classification
Trays
Page Index
Visible Books
✅ The correct answer is A.
Classification means a method of filing while indexing. On the other hand, means the method used for making reference to the records filed.
1880 – 1930
1880 – 1931
1880 – 1932
1880 – 1933
✅ The correct answer is C.
The Era of Scientific management is 1880 – 1932.
Issue of equity shares
Issue of debentures
Term loans from banks
Sale of current asset
✅ The correct answer is A.
Issue of equity shares is not use for medium term financing. Financing is the process of providing funds for business activities, making purchases or investing. Financial institutions such as banks are in the business of providing capital to businesses, consumers, and investors to help them achieve their goals.
social service
profit maximization
consumer satisfaction
wealth
✅ The correct answer is A.
Non-economic activities aim at social service. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Social or psychological, i.e. out of love, affection, etc.
Listing machine
Non-listing machine
Numbering machine
Stamping matching
✅ The correct answer is A.
Listing machine type of adding machine provides a printed record. Under this machine, the grand total of all entries is printed on a sheet of paper after the recording of all entries are over. Thus it gives a printed record of the items and its total.
stencil duplicator
method of photocopying
process of electrical photography
process of blue printing
✅ The correct answer is B.
Mimeograph is a method of photocopying. Mimeograph, also called stencil duplicator, duplicating machine that uses a stencil consisting of a coated fibre sheet through which ink is pressed.
avoided
reduced
ignored
erased
✅ The correct answer is B.
Business risks can be reduced. Business owners need to take control of their companies, assess the risks inherent in both their firms and industries and determine how to best reduce these risks.