1729 + Interview Questions in Business Studies Page 5 InterviewSolution

201.	Given the sets A = {1, 2, 3}, B = {3, 4}, C = {4, 5, 6}, then A ∪ (B ∩ C) is
Answer» Given the sets A = {1, 2, 3}, B = {3, 4}, C = {4, 5, 6}, then A ∪ (B ∩ C) is

201.

Given the sets A = {1, 2, 3}, B = {3, 4}, C = {4, 5, 6}, then A ∪ (B ∩ C) is

Answer»

Given the sets A = {1, 2, 3}, B = {3, 4}, C = {4, 5, 6}, then

A ∪ (B ∩ C) is

202.	Which of these is the main disadvantage of chain stores?
Answer» Which of these is the main disadvantage of chain stores?

Discussion

203.	Why is it important to choose an appropriate form of organisation? Discuss the factors that determine the choice of form of organisation.
Answer» Why is it important to choose an appropriate form of organisation? Discuss the factors that determine the choice of form of organisation.

Discussion

204.	Discuss the various principles of contract of insurance.
Answer» Discuss the various principles of contract of insurance.

Discussion

205.	Mobile traders who deal in low priced articles with no fixed place of business are called?
Answer» Mobile traders who deal in low priced articles with no fixed place of business are called?

Discussion

206.	Why does Ruskin feel that reading the work of a good author is a painstaking task?
Answer» Why does Ruskin feel that reading the work of a good author is a painstaking task?

Discussion

207.	What do you mean by exporting and importing? Discuss its merits and limitations.
Answer» What do you mean by exporting and importing? Discuss its merits and limitations.

Discussion

208.	Which of the following documents is not required in connection with an import transaction?(a) Bill of lading(b) Shipping bill(c) Certificate of origin(d) Shipment advice
Answer» Which of the following documents is not required in connection with an import transaction? (a) Bill of lading (b) Shipping bill (c) Certificate of origin (d) Shipment advice

208.

Which of the following documents is not required in connection with an import transaction?(a) Bill of lading(b) Shipping bill(c) Certificate of origin(d) Shipment advice

Answer»

Which of the following documents is not required in connection with an import transaction?

(a) Bill of lading

(b) Shipping bill

(c) Certificate of origin

(d) Shipment advice

Discussion

209.	Mrs. Rita has her own beauty parlour at the Cross Street road. Which form of business organisation is most suitable for her?
Answer» Mrs. Rita has her own beauty parlour at the Cross Street road. Which form of business organisation is most suitable for her?

Discussion

210.	38. The total CFSE for thecomplexes [ Co(H2O6)] 3+ and [CoF6]3- are respecitvely ( P is the pairing energy) 1) -24dq + 2P and -24dq + 2P 2) -24dq + 2P and -4.0 dq 3) -4.0 dq and -4.0 dq 4) -4.0 dq and 0
Answer» 38. The total CFSE for thecomplexes [ Co(H2O6)] 3+ and [CoF6]3- are respecitvely ( P is the pairing energy) 1) -24dq + 2P and -24dq + 2P 2) -24dq + 2P and -4.0 dq 3) -4.0 dq and -4.0 dq 4) -4.0 dq and 0

Discussion

211.	XYZ Ltd. is specialised in a consultancy service. The company makes a software for a reputed bank in the US. It is also specialised in making accounts for the bank. To carry on this work, XYZ Ltd hired professionals like engineers, CA etc, who are very competent in providing such services. What kind of business is carried out in XYZ Ltd?
Answer» XYZ Ltd. is specialised in a consultancy service. The company makes a software for a reputed bank in the US. It is also specialised in making accounts for the bank. To carry on this work, XYZ Ltd hired professionals like engineers, CA etc, who are very competent in providing such services. What kind of business is carried out in XYZ Ltd?

Discussion

212.	What is the nature of liability of a minor partner?
Answer» What is the nature of liability of a minor partner?

Discussion

213.	Identify the values affected by international trade because of the following reasons: 1. Dumping of goods. 2. Leads to cultural invasion. 3. Adversely affects the domestic industries of host countries. 4. Interference in political affairs.
Answer» Identify the values affected by international trade because of the following reasons: 1. Dumping of goods. 2. Leads to cultural invasion. 3. Adversely affects the domestic industries of host countries. 4. Interference in political affairs.

213.

Identify the values affected by international trade because of the following reasons: 1. Dumping of goods. 2. Leads to cultural invasion. 3. Adversely affects the domestic industries of host countries. 4. Interference in political affairs.

Answer»

Identify the values affected by international trade because of the following reasons:

1. Dumping of goods.

2. Leads to cultural invasion.

3. Adversely affects the domestic industries of host countries.

4. Interference in political affairs.

Discussion

214.	Why are global enterprises considered superior to other business organisations?
Answer» Why are global enterprises considered superior to other business organisations?

Discussion

215.	Public deposits are deposits that are raised directly from(a) The public(b) The directors(c) The auditors(d) The owners
Answer» Public deposits are deposits that are raised directly from (a) The public (b) The directors (c) The auditors (d) The owners

215.

Public deposits are deposits that are raised directly from(a) The public(b) The directors(c) The auditors(d) The owners

Answer»

Public deposits are deposits that are raised directly from

(a) The public

(b) The directors

(c) The auditors

(d) The owners

Discussion

216.	"Finance is the life blood for business enterprises".Explain briefly the significance of business finance.
Answer» "Finance is the life blood for business enterprises".Explain briefly the significance of business finance.

Discussion

217.	Who can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when price raise?
Answer» Who can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when price raise?

Discussion

218.	How are a village, town and city distinguished from each other?
Answer» How are a village, town and city distinguished from each other?

Discussion

219.	Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.
Answer» Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.

Discussion

220.	The equity-based joint venture does not include(a) Cooperative development(b) Company(c) Partnership(d) Limited liability partnership
Answer» The equity-based joint venture does not include (a) Cooperative development (b) Company (c) Partnership (d) Limited liability partnership

Discussion

221.	Who can issue the Registration Cum Membership Certificate?
Answer» Who can issue the Registration Cum Membership Certificate?

Discussion

222.	Discuss the scope of e-business.
Answer» Discuss the scope of e-business.

Discussion

223.	Why do business follow multiple objectives?
Answer» Why do business follow multiple objectives?

Discussion

224.	Identify the merits or limitation of sole proprietorship hidden in the quoted line. (a) "The sole proprietor can easily change the size of the business." (b) "All the profits of the business belong to the sole proprietor." (c) ''Inability of the owner to manage all the activities of business himself.
Answer» Identify the merits or limitation of sole proprietorship hidden in the quoted line. (a) "The sole proprietor can easily change the size of the business." (b) "All the profits of the business belong to the sole proprietor." (c) ''Inability of the owner to manage all the activities of business himself.

224.

Identify the merits or limitation of sole proprietorship hidden in the quoted line. (a) "The sole proprietor can easily change the size of the business." (b) "All the profits of the business belong to the sole proprietor." (c) ''Inability of the owner to manage all the activities of business himself.

Answer»

Identify the merits or limitation of sole proprietorship hidden in the quoted line.

(a) "The sole proprietor can easily change the size of the business."

(b) "All the profits of the business belong to the sole proprietor."

(c) ''Inability of the owner to manage all the activities of business himself.

Discussion

225.	What preferential rights are enjoyed by preference shareholders?
Answer» What preferential rights are enjoyed by preference shareholders?

Discussion

226.	Analyse the need for merger of PIO and OCI schemes in India.
Answer» Analyse the need for merger of PIO and OCI schemes in India.

Discussion

227.	What is the main objective of Public sector enterprises?
Answer» What is the main objective of Public sector enterprises?

Discussion

228.	What kind of retail business acts as a universal supplier of a wide variety of product?
Answer» What kind of retail business acts as a universal supplier of a wide variety of product?

Discussion

229.	Write the answers in your own words.(a) What is meant by vibration ?(b) Explain with the help of practical examples how sound is propagated through solids.(c) What is meant by noise pollution?(d) What measures will you take to control noise pollution ?
Answer» Write the answers in your own words. (a) What is meant by vibration ? (b) Explain with the help of practical examples how sound is propagated through solids. (c) What is meant by noise pollution? (d) What measures will you take to control noise pollution ?

Discussion

230.	How do socio-cultural factors influence our perceptions?
Answer» How do socio-cultural factors influence our perceptions?

Discussion

231.	Comment on the attitude shown by Taplow towards Crocker-Harris.
Answer» Comment on the attitude shown by Taplow towards Crocker-Harris.

Discussion

232.	Briefly explain five features of MNCs.
Answer» Briefly explain five features of MNCs.

Discussion

233.	Discuss the characteristics, merits and limitations of cooperative form of organisation. Also describe briefly different types of cooperative societies.
Answer» Discuss the characteristics, merits and limitations of cooperative form of organisation. Also describe briefly different types of cooperative societies.

Discussion

234.	It is the main document on the basis of which the customs office gives the permission for export.
Answer» It is the main document on the basis of which the customs office gives the permission for export.

Discussion

235.	The insurance company undertakes to insures the life of a person in exchange for a sum of money called the __________.
Answer» The insurance company undertakes to insures the life of a person in exchange for a sum of money called the __________.

Discussion

236.	What is the meaning of Certificate of Incorporation?
Answer» What is the meaning of Certificate of Incorporation?

Discussion

237.	Mention three reasons why the author’s grandmother was disturbed when he started going to the city school.
Answer» Mention three reasons why the author’s grandmother was disturbed when he started going to the city school.

Discussion

238.	___ kind of stores have customer service desks.
Answer» ___ kind of stores have customer service desks.

Discussion

239.	What is the role of underwriters in the capital subscription stage of public limited company?
Answer» What is the role of underwriters in the capital subscription stage of public limited company?

Discussion

240.	What will come in the missing place?
Answer» What will come in the missing place?

Discussion

241.	Q16. Consider the following about Domestic Systemically Important Banks 1. Currently only two banks have DSIB 2. They are too big to fail Which of the above statements are incorrect?
Answer» Q16. Consider the following about Domestic Systemically Important Banks 1. Currently only two banks have DSIB 2. They are too big to fail Which of the above statements are incorrect?

241.

Q16. Consider the following about Domestic Systemically Important Banks 1. Currently only two banks have DSIB 2. They are too big to fail Which of the above statements are incorrect?

Answer»

Q16. Consider the following about Domestic Systemically Important Banks

1. Currently only two banks have DSIB

2. They are too big to fail

Which of the above statements are incorrect?

Discussion

242.	The author implies that which one of the following is true of economic development agreements? Read the following passage and answer the (six) items that follow: Governments of developing countries occasionally enter into economic development agreements with foreign investors who provide capital and technological expertise that may not be readily available in such countries. Besides the normal economic risk that accompanies such enterprises, investors face the additional risk that the host government may attempt unilaterally to change in its favor the terms of the agreement or even to terminate the agreement altogether and appropriate the project for itself. In order to make economic development agreements more attractive to investors, some developing countries have attempted to strengthen the security of such agreements with clauses specifying that the agreements will be governed by “general principles of law recognized by civilized nations”—a set of legal principles or rules shared by the world’s major legal systems. However, advocates of governments’ freedom to modify or terminate such agreements argue that these agreements fall within a special class of contracts known as administrative contracts, a concept that originated in French law. They assert that under the theory of administrative contracts, a government retains inherent power to modify or terminate its own contract, and that this power indeed constitutes a general principle of law. However, their argument is flawed on at least two counts. First, in French law not all government contracts are treated as administrative contracts. Some contracts are designated as administrative by specific statute, in which case the contractor is made aware of the applicable legal rules upon entering into agreement with the government. Alternatively, the contracting government agency can itself designate a contract as administrative by including certain terms not found in private civil contracts. Moreover, even in the case of administrative contracts, French law requires that in the event that the government unilaterally modifies the terms of the contract, it must compensate the contractor for any increased burden resulting from the government’s action. In effect, the government is thus prevented from modifying those contractual terms that define the financial balance of the contract. Second, the French law of administrative contracts, although adopted by several countries, is not so universally accepted that it can be embraced as a general principle of law. In both the United States and the United Kingdom, government contracts are governed by the ordinary law of contracts, with the result that the government can reserve the power to modify or terminate a contract unilaterally only by writing such power into the contract as a specific provision. Indeed, the very fact that termination and modification clauses are commonly found in government contracts suggests that a government’s capacity to modify or terminate agreements unilaterally derives from specific contract provisions, not from inherent state power
Answer» The author implies that which one of the following is true of economic development agreements? Read the following passage and answer the (six) items that follow: Governments of developing countries occasionally enter into economic development agreements with foreign investors who provide capital and technological expertise that may not be readily available in such countries. Besides the normal economic risk that accompanies such enterprises, investors face the additional risk that the host government may attempt unilaterally to change in its favor the terms of the agreement or even to terminate the agreement altogether and appropriate the project for itself. In order to make economic development agreements more attractive to investors, some developing countries have attempted to strengthen the security of such agreements with clauses specifying that the agreements will be governed by “general principles of law recognized by civilized nations”—a set of legal principles or rules shared by the world’s major legal systems. However, advocates of governments’ freedom to modify or terminate such agreements argue that these agreements fall within a special class of contracts known as administrative contracts, a concept that originated in French law. They assert that under the theory of administrative contracts, a government retains inherent power to modify or terminate its own contract, and that this power indeed constitutes a general principle of law. However, their argument is flawed on at least two counts. First, in French law not all government contracts are treated as administrative contracts. Some contracts are designated as administrative by specific statute, in which case the contractor is made aware of the applicable legal rules upon entering into agreement with the government. Alternatively, the contracting government agency can itself designate a contract as administrative by including certain terms not found in private civil contracts. Moreover, even in the case of administrative contracts, French law requires that in the event that the government unilaterally modifies the terms of the contract, it must compensate the contractor for any increased burden resulting from the government’s action. In effect, the government is thus prevented from modifying those contractual terms that define the financial balance of the contract. Second, the French law of administrative contracts, although adopted by several countries, is not so universally accepted that it can be embraced as a general principle of law. In both the United States and the United Kingdom, government contracts are governed by the ordinary law of contracts, with the result that the government can reserve the power to modify or terminate a contract unilaterally only by writing such power into the contract as a specific provision. Indeed, the very fact that termination and modification clauses are commonly found in government contracts suggests that a government’s capacity to modify or terminate agreements unilaterally derives from specific contract provisions, not from inherent state power

242.

The author implies that which one of the following is true of economic development agreements? Read the following passage and answer the (six) items that follow: Governments of developing countries occasionally enter into economic development agreements with foreign investors who provide capital and technological expertise that may not be readily available in such countries. Besides the normal economic risk that accompanies such enterprises, investors face the additional risk that the host government may attempt unilaterally to change in its favor the terms of the agreement or even to terminate the agreement altogether and appropriate the project for itself. In order to make economic development agreements more attractive to investors, some developing countries have attempted to strengthen the security of such agreements with clauses specifying that the agreements will be governed by “general principles of law recognized by civilized nations”—a set of legal principles or rules shared by the world’s major legal systems. However, advocates of governments’ freedom to modify or terminate such agreements argue that these agreements fall within a special class of contracts known as administrative contracts, a concept that originated in French law. They assert that under the theory of administrative contracts, a government retains inherent power to modify or terminate its own contract, and that this power indeed constitutes a general principle of law. However, their argument is flawed on at least two counts. First, in French law not all government contracts are treated as administrative contracts. Some contracts are designated as administrative by specific statute, in which case the contractor is made aware of the applicable legal rules upon entering into agreement with the government. Alternatively, the contracting government agency can itself designate a contract as administrative by including certain terms not found in private civil contracts. Moreover, even in the case of administrative contracts, French law requires that in the event that the government unilaterally modifies the terms of the contract, it must compensate the contractor for any increased burden resulting from the government’s action. In effect, the government is thus prevented from modifying those contractual terms that define the financial balance of the contract. Second, the French law of administrative contracts, although adopted by several countries, is not so universally accepted that it can be embraced as a general principle of law. In both the United States and the United Kingdom, government contracts are governed by the ordinary law of contracts, with the result that the government can reserve the power to modify or terminate a contract unilaterally only by writing such power into the contract as a specific provision. Indeed, the very fact that termination and modification clauses are commonly found in government contracts suggests that a government’s capacity to modify or terminate agreements unilaterally derives from specific contract provisions, not from inherent state power

Answer» The author implies that which one of the following is true of economic development agreements?

Read the following passage and answer the (six) items that follow:
Governments of developing countries occasionally enter into economic development agreements with foreign investors who provide capital and technological expertise that may not be readily available in such countries. Besides the normal economic risk that accompanies such enterprises, investors face the additional risk that the host government may attempt unilaterally to change in its favor the terms of the agreement or even to terminate the agreement altogether and appropriate the project for itself. In order to make economic development agreements more attractive to investors, some developing countries have attempted to strengthen the security of such agreements with clauses specifying that the agreements will be governed by “general principles of law recognized by civilized nations”—a set of legal principles

or rules shared by the world’s major legal systems. However, advocates of governments’ freedom to modify or terminate such agreements argue that these agreements fall within a special class of contracts known as administrative contracts, a concept that originated in French law. They assert that under the theory of administrative contracts, a government retains inherent power to modify or terminate its own contract, and that this power indeed constitutes a general principle of law. However, their argument is flawed on at least two counts.

First, in French law not all government contracts are treated as administrative contracts. Some contracts are designated as administrative by specific statute, in which case the contractor is made aware of the applicable legal rules upon entering into agreement with the government. Alternatively, the contracting government agency can itself designate a contract as administrative by including certain terms not found in private civil contracts. Moreover, even in the case of administrative contracts, French law requires that in the event that the government unilaterally modifies the terms of the contract, it must compensate the contractor for any increased burden resulting from the government’s action. In effect, the government is thus prevented from modifying those contractual terms that define the financial balance of the contract.

Second, the French law of administrative contracts, although adopted by several countries, is not so universally accepted that it can be embraced as a general principle of law. In both the United States and the United Kingdom, government contracts are governed by the ordinary law of contracts, with the result that the government can reserve the power to modify or terminate a contract unilaterally only by writing such power into the contract as a specific provision. Indeed, the very fact that termination and modification clauses are commonly found in government contracts suggests that a government’s capacity to modify or terminate agreements unilaterally derives from specific contract provisions, not from inherent state power

Discussion

243.	Where could have this passage most likely been published?
Answer» Where could have this passage most likely been published?

Discussion

244.	Discuss the forces which are responsible for increasing concern of business enterprises toward social responsibility.
Answer» Discuss the forces which are responsible for increasing concern of business enterprises toward social responsibility.

Discussion

245.	Name the stages in the formation of a company.
Answer» Name the stages in the formation of a company.

Discussion

246.	A user can edit the existing Excel data by pressing _______.
Answer» A user can edit the existing Excel data by pressing _______.

Discussion

247.	The librarian spoke respectfully to the learned scholar.
Answer» The librarian spoke respectfully to the learned scholar.

Discussion

248.	What is the residue of the function 1−e2zz4 at its pole?
Answer» What is the residue of the function $\frac{1 - e^{2 z}}{z^{4}}$ at its pole?

Discussion

249.	Application for approval of name of a company is to be made to Registrar of Companies.
Answer» Application for approval of name of a company is to be made to Registrar of Companies.

Discussion

250.	Explain the process of formation of joint venture.
Answer» Explain the process of formation of joint venture.

Discussion

Explore topic-wise InterviewSolutions in .

Given the sets A = {1, 2, 3}, B = {3, 4}, C = {4, 5, 6}, then A ∪ (B ∩ C) is

Which of these is the main disadvantage of chain stores?

Why is it important to choose an appropriate form of organisation? Discuss the factors that determine the choice of form of organisation.

Discuss the various principles of contract of insurance.

Mobile traders who deal in low priced articles with no fixed place of business are called?

Why does Ruskin feel that reading the work of a good author is a painstaking task?

What do you mean by exporting and importing? Discuss its merits and limitations.

Which of the following documents is not required in connection with an import transaction?(a) Bill of lading(b) Shipping bill(c) Certificate of origin(d) Shipment advice

Mrs. Rita has her own beauty parlour at the Cross Street road. Which form of business organisation is most suitable for her?

38. The total CFSE for thecomplexes [ Co(H2O6)] 3+ and [CoF6]3- are respecitvely ( P is the pairing energy) 1) -24dq + 2P and -24dq + 2P 2) -24dq + 2P and -4.0 dq 3) -4.0 dq and -4.0 dq 4) -4.0 dq and 0

What is the nature of liability of a minor partner?

Identify the values affected by international trade because of the following reasons: 1. Dumping of goods. 2. Leads to cultural invasion. 3. Adversely affects the domestic industries of host countries. 4. Interference in political affairs.

Why are global enterprises considered superior to other business organisations?

Public deposits are deposits that are raised directly from(a) The public(b) The directors(c) The auditors(d) The owners

"Finance is the life blood for business enterprises".Explain briefly the significance of business finance.

Who can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when price raise?

How are a village, town and city distinguished from each other?

Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.

The equity-based joint venture does not include(a) Cooperative development(b) Company(c) Partnership(d) Limited liability partnership

Who can issue the Registration Cum Membership Certificate?

Discuss the scope of e-business.

Why do business follow multiple objectives?

What preferential rights are enjoyed by preference shareholders?

Analyse the need for merger of PIO and OCI schemes in India.

What is the main objective of Public sector enterprises?

What kind of retail business acts as a universal supplier of a wide variety of product?

Write the answers in your own words.(a) What is meant by vibration ?(b) Explain with the help of practical examples how sound is propagated through solids.(c) What is meant by noise pollution?(d) What measures will you take to control noise pollution ?

How do socio-cultural factors influence our perceptions?

Comment on the attitude shown by Taplow towards Crocker-Harris.

Briefly explain five features of MNCs.

Discuss the characteristics, merits and limitations of cooperative form of organisation. Also describe briefly different types of cooperative societies.

It is the main document on the basis of which the customs office gives the permission for export.

The insurance company undertakes to insures the life of a person in exchange for a sum of money called the __________.

What is the meaning of Certificate of Incorporation?

Mention three reasons why the author’s grandmother was disturbed when he started going to the city school.

___ kind of stores have customer service desks.

What is the role of underwriters in the capital subscription stage of public limited company?

What will come in the missing place?

Q16. Consider the following about Domestic Systemically Important Banks 1. Currently only two banks have DSIB 2. They are too big to fail Which of the above statements are incorrect?

Where could have this passage most likely been published?

Discuss the forces which are responsible for increasing concern of business enterprises toward social responsibility.

Name the stages in the formation of a company.

A user can edit the existing Excel data by pressing _______.

The librarian spoke respectfully to the learned scholar.

What is the residue of the function 1−e2zz4 at its pole?

Application for approval of name of a company is to be made to Registrar of Companies.

Explain the process of formation of joint venture.