Business and Commerce mcqs

✅ The correct answer is B.
Much popular computers are digital. Digital computer is the computer which is electrical as well as digital.

✅ The correct answer is B.
Standard typewriter which operates through electricity is electronic typewriter. Electrical typewriter designs removed the direct mechanical connection between the keys and the element that struck the paper.

✅ The correct answer is B.
External oral communication is passed on with the help of Telephone mechanical device.

✅ The correct answer is A.
In case of dissolution of partnership, the business of the firm does not come to an end. Dissolution of partnership changes the mutual relations of the partners.

✅ The correct answer is B.
Fully paid-up shares are called Stock. Fully paid shares are shares issued for which no more money is required to be paid to the company by shareholders on the value of the shares.

✅ The correct answer is C.
Preference shares are those which carry preferential right in respect of both dividend and repayment of capital. Preference shares, more commonly referred to as preferred stock, are shares of a company’s stock with dividends that are paid out to shareholders before common stock dividends are issued.

✅ The correct answer is D.
The preference shares which cannot be converted into equity shares are non-convertible preference shares.

✅ The correct answer is D.
The surplus generated by co-operatives is distributed in the form of Dividend and bonus. A dividend is a payment made by a co-operatives to its members, usually as a distribution of profits. society divide bonus among its members in proportion to the volume of business done with the society by them.

✅ The correct answer is C.
Office layout is the arrangement of furniture and equipment with the available floor space. “The problem of layout relates to the arrangement in the space involved so that all the equipment, supplies, procedures and personnel can function at maximum efficiency”.

✅ The correct answer is C.
The managerial grid consist of 81 possible leadership styles. Mouton, the Managerial Grid Model helps Managers to analyze their own leadership styles through a technique known as grid training. Also, Managers can identify how they with respect to their concern for production and people with Managerial Grid Model.