Business and Commerce

✅ The correct answer is C.
The office management simply means to Control. It is the function of the management to organize, guide and control the whole activities of the office personnel for a common aim.

✅ The correct answer is B.
Co-operative societies have Democratic management. The society is managed by a group known as “Board of Directors”. The members of the board of directors are the elected representatives of the society. The main purpose of a Co-operative Society is to provide service to its members.

✅ The correct answer is D.
Co-ordination is regarded as the essence of management. In other words, Co-ordination affects Planning, Organising, Staffing, Directing, Communication, Leading, Motivating and Controlling.

✅ The correct answer is C.
Modular furniture saves space. Modular furniture is defined as furniture made up of independent work surface and storage units with panels used as end panels or space dividers. It includes all modular furniture components that collectively are required to complete a workstation.

✅ The correct answer is B.
Telephone is an instrument which reproduces sound at a distance by means of electricity. There are three types of telephone connections like direct exchange line, private branch exchange and intercom. Intercom system of communication has become very popular in our country.

✅ The correct answer is B.
Shares issued to the existing share holders on a pre-emptive basis is right issue. The pre-emptive right is also called subscription right or subscription privilege.

✅ The correct answer is A.
Letter tray drawer type of drawer are used to increased desk top work area.

✅ The correct answer is C.
Metal holders method of filing, papers and documents are placed in metal holders in chorological order. This method is inconvenient for maintenance and outdated .

✅ The correct answer is A.
Bull applies for new issues with a view to prompt resale.

✅ The correct answer is A.
Insurance is based on the principle of economic co-operation. It is a pooling of risks and spreading over a number of persons. It is the basic principle of insurance. The premium is collected from a number of persons, and an insurance fund is created. From this fund, the compensation is given to the contributors who suffer contingent loss. In modern days, it is now a specialized branch of commerce. Today, insurance covers a wide range of risks. It now closely related to the day-to-day life of individuals as well as of the nation. It also plays a prominent role in the national economy.