Business and Commerce mcqs

✅ The correct answer is C.
The communication process is made up of various components. Message is the actual physical product from the source. The message is the actual physical product from the source encoding.

✅ The correct answer is A.
Roller machine is also called as rotary machine. A rotary transfer machine is a machine tool, typically for metal working by machining, comprising a large indexing table with machining stations surrounding the table. Such rotary transfer machines are used for producing a large lot of parts in fairly short cycle times.

✅ The correct answer is B.
In the co-operative organization, the voting rights of members are equal, irrespective of amount of capital contribution.

✅ The correct answer is C.
Staffing deals with appointing people and placing them at the appropriate jobs. Staffing is the process of hiring eligible candidates in the organization or company for specific positions. In management, the meaning of staffing is an operation of recruiting the employees by evaluating their skills, knowledge and then offering them specific job roles accordingly.

✅ The correct answer is B.
When at least 51% shares are in the hands of government, it is called as government company.

✅ The correct answer is A.
Fixed capital is also called as blocked capital. Fixed capital includes the assets and capital investments—such as property, plant, and equipment (PP&E)—that are needed to start up and conduct business, even at a minimal stage.

✅ 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.

✅ The correct answer is B.
A project, which may not add to the existing profits, should be financed by preference share capital. Preference shares are shares in a company that are owned by people who have the right to receive part of the company’s profits before the holders of ordinary shares are paid. They also have the right to have their capital repaid if the company fails and has to close.

✅ The correct answer is A.
Providing fair returns to investors is Social objectives. Fair return on investment means a reasonable return on the investment of a public utility, determinable only by the exercise of sound judgment and common sense, being a matter of fair approximation, not capable of exact mathematical demonstration.