Business and Commerce mcqs

✅ The correct answer is A.
Profession involves rendering of personal service. The service is based on professional education, knowledge, training etc. This service is provided for a professional fees charged from the clients.

✅ The correct answer is C.
Speculators who apply for shares in new companies and expect to sell them at a premium are called as stag.

✅ The correct answer is B.
A speculator who expects a rise in price of securities in the future are called as bull. A bull is an optimistic speculator. He expects a rise in the price of the securities in which he deals.

✅ The correct answer is C.
Intercom system is connected with EBPAX system.

✅ The correct answer is B.
A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned.

✅ The correct answer is B.
The spike file method of filing, a spike is fixed in a wooden or a metal base.

✅ The correct answer is B.
Working capital means Current asset minus current liability. Working capital represents a company’s ability to pay its current liabilities with its current assets.

✅ The correct answer is A.
IRDA refers to Insurance Regulatory Development Authority. The Insurance Regulatory and Development Authority (IRDA) was constituted to regulate and develop the insurance industry and was incorporated in April 2000.

✅ The correct answer is C.
One-man-one-vote – is the principle adopted by Co-operative Societies. A cooperative society is formally used by people with limited means. The principle of one man one vote discourages members to invest large amounts in the society.

✅ The correct answer is A.
Product layout is not flexible. It is the disadvantage of product layout.