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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1451. |
What is E-Money ? |
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Answer» What is E-Money ? |
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| 1452. |
Define Business Risk. |
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Answer» Define Business Risk. |
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| 1453. |
Identify the types of retailers in the following statements: (a) Sheena displays her goods on bus-stands or pavements. (b) Rebanta sells goods from one street to another, from one locality to another. (c) Atul sells only school uniforms. (d) Deepak deals only in second hand books. |
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Answer» Identify the types of retailers in the following statements: |
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| 1454. |
Define business finance. |
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Answer» Define business finance. |
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| 1455. |
Sam has started a small MSME food processing unit in remote area of Himachal. He invested Rs. 10 Lakhs in a plant, equipment and hired people for segregation of fruit and packing of the product. Identify the category in which this enterprise falls as per MSME Act. Also, suggest the four incentives available to him. |
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Answer» Sam has started a small MSME food processing unit in remote area of Himachal. He invested Rs. 10 Lakhs in a plant, equipment and hired people for segregation of fruit and packing of the product. Identify the category in which this enterprise falls as per MSME Act. Also, suggest the four incentives available to him. |
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| 1456. |
How much paid up capital should be at least held by a government company? |
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Answer» How much paid up capital should be at least held by a government company? |
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| 1457. |
___ refer to the possibility of inadequate profits or even losses due to uncertainties or unexpected events which a business cannot control. |
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Answer» |
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| 1458. |
According to the passage, all of the following are benefits associated with backward integration EXCEPT: |
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Answer» According to the passage, all of the following are benefits associated with backward integration EXCEPT: |
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| 1459. |
Distinguish between a secret partner and nominal partner? |
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Answer» Distinguish between a secret partner and nominal partner? |
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| 1460. |
Explain the meaning of the following documents used in connection with import transaction. (i) Trade enquiry. (ii) Import licence. (iii) Shipment of advice. (iv) Import general manifest. (v) Bill of entry. |
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Answer» Explain the meaning of the following documents used in connection with import transaction. (i) Trade enquiry. (ii) Import licence. (iii) Shipment of advice. (iv) Import general manifest. (v) Bill of entry. |
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| 1461. |
State three features of a departmental undertaking. |
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Answer» State three features of a departmental undertaking. |
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| 1462. |
Before the goods are loaded into the ship, what does the exporter do? |
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Answer» Before the goods are loaded into the ship, what does the exporter do? |
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| 1463. |
Define prospectus. Why is it issued? Explain the consequences of misstatements ina prospectus. |
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Answer» Define prospectus. Why is it issued? Explain the consequences of misstatements ina prospectus. |
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| 1464. |
Explain the classification of sources of funds on the basis of period. |
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Answer» Explain the classification of sources of funds on the basis of period. |
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| 1465. |
The one in which a separate business is created is called _______________, through a_____________which is door delivery. |
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Answer» The one in which a separate business is created is called _______________, through a_____________which is door delivery. |
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| 1466. |
World Economic Situation and Prospects 2016 Report was recently released. Which of the following statement is incorrect? |
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Answer» World Economic Situation and Prospects 2016 Report was recently released. Which of the following statement is incorrect? |
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| 1467. |
The parties are involved in the electronic transactions from within a given business fir, hence they are known as _______________. |
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Answer» The parties are involved in the electronic transactions from within a given business fir, hence they are known as _______________. |
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| 1468. |
Prepare Return Inwards Journal (Book) from the following transactions of M/s Bansal Electronics for November 2010 (Rs.)4Ms/ Gupta Traders returned the goods1,50010Goods returned from M/s Harish Traders80018M/s Rahul Traders returned the goods not as perspecifications1,20028Goods returned from Sushil Traders1,000 |
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Answer» Prepare Return Inwards Journal (Book) from the following transactions of M/s Bansal Electronics for November 2010 (Rs.)4Ms/ Gupta Traders returned the goods1,50010Goods returned from M/s Harish Traders80018M/s Rahul Traders returned the goods not as perspecifications1,20028Goods returned from Sushil Traders1,000 |
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| 1469. |
The activities that are connected with the extraction and production of natural resources and reproduction and development of living organisms is called ___ |
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Answer» The activities that are connected with the extraction and production of natural resources and reproduction and development of living organisms is called |
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| 1470. |
What is meant by R.T.G.S. ? |
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Answer» What is meant by R.T.G.S. ? |
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| 1471. |
Which type of business service is used create place utility? |
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Answer» Which type of business service is used create place utility? |
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| 1472. |
CSR stands for |
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Answer» CSR stands for |
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| 1473. |
What is a store that fulfils a customer's day to day needs? |
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Answer» What is a store that fulfils a customer's day to day needs? |
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| 1474. |
Why is it necessary to get registered with an export promotion council? |
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Answer» Why is it necessary to get registered with an export promotion council? |
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| 1475. |
State any two sources of long-term finance. |
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Answer» State any two sources of long-term finance. |
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| 1476. |
Define Single line store? |
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Answer» Define Single line store? |
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| 1477. |
What is the difference between debentures and equity? |
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Answer» What is the difference between debentures and equity? |
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| 1478. |
List sources of raising long term and short term finance. |
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Answer» List sources of raising long term and short term finance. |
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| 1479. |
Selling Chinese phones works for Nikhil because his target market is India where consumers are price sensitive and most of their decisions are based on the amount of money they have to spend. What does 'price sensitivity' mean in this regard? |
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Answer» Selling Chinese phones works for Nikhil because his target market is India where consumers are price sensitive and most of their decisions are based on the amount of money they have to spend. What does 'price sensitivity' mean in this regard? |
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| 1480. |
Name the various types of business organisations that come under the public sector. |
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Answer» Name the various types of business organisations that come under the public sector. |
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| 1481. |
___ has become necessary these days because there are a number of tax laws in the country. |
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Answer» |
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| 1482. |
Which of the following organization is not a part of World Bank group? |
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Answer» Which of the following organization is not a part of World Bank group? |
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| 1483. |
Which of the following step involves the formation of a company as a separate legal entity? |
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Answer» Which of the following step involves the formation of a company as a separate legal entity? |
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| 1484. |
Why the employees should be involved in developing ethical programmes? |
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Answer» Why the employees should be involved in developing ethical programmes? |
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| 1485. |
What is the role of profit in business ? |
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Answer» What is the role of profit in business ? |
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| 1486. |
You are a non-executive director of a public sector body, and a member of the organisation’s finance committee. The committee is currently discussing the tender process for the procurement of substantial capital improvements to the staff catering facility. The director of finance has suggested that the normal tender route be waived in this instance and the project awarded on a single tender basis. This is because the organisation has recently tendered for the construction of a new boiler facility on the organisation’s main site. As the catering facility is in close proximity to this existing capital project, the finance committee has agreed that there are practical benefits in awarding the work to the same contractor, who has a good history of completing capital projects for the organisation. If the tender process is waived, it will mean that the improvements to the catering facility can be commenced as soon as the boiler project ends. It is likely this could result in cost savings to the catering project, because the contractor’s equipment will not have to be removed and the required workers can remain on site. The director of finance has also suggested that it is possible to benchmark costs to ensure that the agreed contract price is in line with current market prices. Initial discussions have already taken place with the contractor, who has explained that substantial cost savings would be achieved if this project was awarded to them straight after the boiler project. They have also provisionally agreed to undertake the works. There are existing standing orders and standing financial instructions which require a formal tender proce You are concerned that the organisation is openly ignoring the governance arrangements that are in place without providing a robust basis for doing so, and you believe that the director of finance should not recommend these proposals to the advisory board. Evaluate the key fundamental principles involved and possible course of action for you in this case. |
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Answer» You are a non-executive director of a public sector body, and a member of the organisation’s finance committee. The committee is currently discussing the tender process for the procurement of substantial capital improvements to the staff catering facility. The director of finance has suggested that the normal tender route be waived in this instance and the project awarded on a single tender basis. This is because the organisation has recently tendered for the construction of a new boiler facility on the organisation’s main site. As the catering facility is in close proximity to this existing capital project, the finance committee has agreed that there are practical benefits in awarding the work to the same contractor, who has a good history of completing capital projects for the organisation. If the tender process is waived, it will mean that the improvements to the catering facility can be commenced as soon as the boiler project ends. It is likely this could result in cost savings to the catering project, because the contractor’s equipment will not have to be removed and the required workers can remain on site. The director of finance has also suggested that it is possible to benchmark costs to ensure that the agreed contract price is in line with current market prices. Initial discussions have already taken place with the contractor, who has explained that substantial cost savings would be achieved if this project was awarded to them straight after the boiler project. They have also provisionally agreed to undertake the works. There are existing standing orders and standing financial instructions which require a formal tender proce You are concerned that the organisation is openly ignoring the governance arrangements that are in place without providing a robust basis for doing so, and you believe that the director of finance should not recommend these proposals to the advisory board. Evaluate the key fundamental principles involved and possible course of action for you in this case. |
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| 1487. |
Because of festive season Bhuvan Garments received double orders. Advice the company the various sources of finance, which can be used to raise necessary finance for this purpose. |
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Answer» Because of festive season Bhuvan Garments received double orders. Advice the company the various sources of finance, which can be used to raise necessary finance for this purpose. |
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| 1488. |
When Rohit borrowed 2 lakhs from the bank and his friend joined him and contributed 3 lakhs. This helped the business start off on a _____. |
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Answer» When Rohit borrowed 2 lakhs from the bank and his friend joined him and contributed 3 lakhs. This helped the business start off on a _____. |
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| 1489. |
Determine whether an inclusive 'OR' or exclusive 'OR' is used in the following statement. Also, give reason for your answer. "All integers are positive or negative." |
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Answer» Determine whether an inclusive 'OR' or exclusive 'OR' is used in the following statement. Also, give reason for your answer. |
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| 1490. |
Explain 'diffusion of risk' as an advantage of chain stores. |
| Answer» Explain 'diffusion of risk' as an advantage of chain stores. | |
| 1491. |
Looking down upon others is a good practice. |
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Answer» Looking down upon others is a good practice. |
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| 1492. |
Why does an exporter register with the ECGC? |
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Answer» Why does an exporter register with the ECGC? |
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| 1493. |
___ is a tax paid on manufacturing goods. |
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Answer» |
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| 1494. |
Explain any four principles of insurance with examples. |
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Answer» Explain any four principles of insurance with examples. |
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| 1495. |
What is business risk? What is its nature ? |
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Answer» What is business risk? What is its nature ? |
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| 1496. |
Spot the helping verb used in the sentence. You knew you had to apply for free-ship last week? |
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Answer» Spot the helping verb used in the sentence. You knew you had to apply for free-ship last week? |
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| 1497. |
Which kind of business involves manufacturing and trade beyond the boundaries of one's own country? |
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Answer» Which kind of business involves manufacturing and trade beyond the boundaries of one's own country? |
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| 1498. |
A company has 2 lakh shares of which Abid owns 1.5 lakh shares and his friend Basu owns 50,000 shares. This is mentioned in which clause of the MOA? |
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Answer» A company has 2 lakh shares of which Abid owns 1.5 lakh shares and his friend Basu owns 50,000 shares. This is mentioned in which clause of the MOA? |
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| 1499. |
The purchase of goods from a foreign country is called___ . |
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Answer» The purchase of goods from a foreign country is called |
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| 1500. |
Identify “what part of speech the underlined words belongs to” in the below sentence. Unfortunately he is rather old for her. |
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Answer» Identify “what part of speech the underlined words belongs to” in the below sentence. |
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