Business and Finance MCQs Test 01 Preparation Online Shani Malik — May 21, 2018 in Economics • add comment Business and Finance MCQs Test 01 Preparation Online 1. Which one of the following refers to 'factoring services'?A. Providing project consultancyB. None of the aboveC. Guaranteeing realization from debtors D. Financing working capital Loading... 2. A consumer complaint is registered by the MRTP Commission in India on a complaint made by at least ?A. 5 consumers B. 25 consumersC. 100 consumersD. 50 consumers Loading... 3. Vertical combination implies ?A. Formation of pools and cartelsB. Integration of enterprises engaged in manufacturing similar productsC. Integration of enterprises engaged in different stages of production of a particular productD. A group 01 organisations having common sales set-up Loading... 4. Which form of business organisation would be most suitable for a capital intensive business ?A. Joint-stock companyB. Co-operative societyC. Sole proprietorshipD. Partnership Loading... 5. Business can be defined as ?A. A market place B. Buying of goodsC. Selling of goods D. Trade, commerce and industry Loading... 6. The asset limit above which a company or group would be covered under the MRTP in India for concentration of economic power is ?A. Rs 50 lakhB. Rs 100 croreC. Rs 1 croreD. Rs 20 crore Loading... 7. An indirect tax is one where ?A. Tax is levied always on productsB. Points of impact and incidence are differentC. Tax is levied on wealthD. Points of impact and incidence are the same Loading... 8. A business organisation has constant and invisible interaction with its ?A. GovernmentB. EmployeesC. Suppliers and customersD. External environment Loading... 9. According to the systems approach, a system is the ?A. Sum total of all its componentsB. A systemic view of the organisationC. A combination of some of the components D. Orderly arrangement of its components in a coordinated manner Loading... 10. What can be the maximum number of partners in a partnership firm ?A. 25B. 15C. 10D. 20 Loading... Loading...
