vu mgt211 Final Term - Quiz No.8
vu mgt211 Introduction To Business Quiz
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Question 1: Which of the following enjoys limited liability?
A general partnership
A corporation
a sole proprietorship
None of the given
Question 2: The word limited should be after the name of:
Partnership
Statutory company
Chartered company
Registered company
Question 3: The portion of the capital which can be called-up only on the winding up of the Company is called
Uncalled Capital
Called up Capital
Reserve Capital
Authorised Capital
Question 4: What would encourage trade between two countries
Different tax system
Reduced tariffs
National currencies
Frontier checks
Question 5: Sumit and Ravi started a business by investing Rs 85000 and 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.
0.709027777777778
0.709722222222222
0.711111111111111
0.710416666666667
Question 6: Term of trade of a country show
Ratio of prices of exports and imports
Ratio of goods exported and imported
Ratio of import duties
(a) and (c) of above
Question 7: According to drive theory, needs that are essential for human survival are referred to as
primary needs.
physiological needs.
secondary needs.
safety needs.
Question 9: Which types of organizations have expertise in selecting people for the job?
Professional Associations
Recruitment Agencies
Advertising Agencies
All of the given
Question 10: All are advantages of foreign trade EXCEPT
Optimum utilisation of country's resources
People get foreign exchange
Nations compete
Cheaper goods
