Question 1: Define Business Office
A) Place of business where professional or clerical duties are performed.
B) A person who is contractually bound to a worker.
C) An individual who was hired by an employer to do a specific job.
D) An individual who works part-time or full-time under a contract of employment.
Correct Answer: A
Question 2: Fill in the blanks.
________is established with a view to file all the documents properly. It keeps the documents in such a way that they are properly preserved and can be located at anytime when required.
A) Industrial Department
B) Filing Department
C) public service commission
D) Tea, Coffee or Wine
Answer: B)
Question 3: What are the components of Business Organisation?
A) Teacher, Professor and Dean University.
B) Management, Structure, Human Resource and Competitors.
C) Wrestlers, Boxer and Police officials.
D) Auto rickshaw, Train and Aeroplane.
Answer: B)
Question 4: What do you mean by Despatch Register?
A) A type of bird.
B) A number of specialised financial institutions.
C) Register served as an evidence of letters sent and exercise a control over expenditure on postage and stamps.
D) The commitment of capital as shareholding.
Answer: C)
Question 5: What do you mean by Book keeping?
A) The activity or occupation of keeping records of the financial affairs of a business.
B) Place of business where professional or clerical duties are performed.
C) A register is maintained to keep a record of all outward letters.
D) Place of business where professional or clerical duties are performed.
Answer: A)
Question 6: Fill in the blanks.
ICICI stands for _________.
A) Industrial Credit and India Corporation
B) Industrial Credit and Investment Corporation
C) Industrial Card and Investment Corporation
D) Industrial Cost and Investment Corporation
Answer: B)
Question 7: What do you mean by Franking Machine?
A) A machine used to stamp an official mark on a letter or parcel to indicate that postage has been paid or does not need to be paid.
B) An agreement which is made with a view to improving the profit.
C) Group of two or more companies.
D) Creation of a new company by a complete consolidation of the combining units two or more companies.
Question 8: Fill in the blanks.
National Stock Exchange (NSE) was set up on _______.
A) November 27, 1962
B) November 27, 1982
C) November 27, 1992
D) November 18, 1992
Answer: C)
Question 9: What is the full form of MRTP Act?
A) Monopolies and Restrictive Trade Practice (MRTP) Act
B) Monopoly and Restrictive Trade Practice (MRTP) Act
C) More and Repeated Trade Practice (MRTP) Act
D) Monopolies and Recurring Trade Practice (MRTP) Act
Question 10: Fill in the blanks.
A ______is a type of agreement between two (bilateral) or more (multilateral) parties.
A) Balance Sheet
B) Memorandum of Understanding
C) Souvenir
D) Agreement
Answer B)