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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.
| 1201. |
Explain briefly any three documents or terms used in internal trade. |
| Answer» The following are the main documents used in the Internal trade.1. Invoice – In case of credit purchases, a statement is supplied by the seller of goods in which he gives particulars of goods purchased by buyer such as quantity, quality, rate, total value, sales tax, trade discount, etc. It is also called a Bill or Memo. Buyer gets information all about the amount he has to pay to the seller from Invoice only.2. Pro-Forma Invoice – The statement (or forwarding letter) containing the details of goods consigned from consigner to consignee is known as aPro-forma Invoice. It gives the particulars as regards quantity, quality, price and expenses incurred on the goods consigned. In case of consignment, consignee is an agent of consigner who is supposed to sell goods on behalf of consigner and this statement/proforma invoice is only for his information. It is also known as interim invoice.3. Debit Note – It refers to a letter or note which is sent by the buyer to the seller stating that his (seller’s) account has been debited by the amount mentioned in note on account of goods returned herewith. It states the quantity, rate, value and the reasons for the return of goods.4. Credit Note – It refers to a letter or note which is sent by the seller to the buyer stating that his account has been credited by the mentioned amount on account of acceptance of his claim about the goods returned by him.5. Lorry Receipt – It refers to a receipt issued by the Transport Company for goods accepted by it for sending from one place to another. It is also known as Transport Receipt (TR) and Bilty.6. Railway Receipt – It refers to a receipt issued by the Railways for goods accepted for sending from one station to another. | |
| 1202. |
What is the difference between equity shares and preference shares? Which is more advantageous |
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| Answer» | Basis of differentiation | Equity shares | Preference Shares | \t\t\tDefinitionAlso known as ordinary\xa0shares. Equity share is the foundation of the company as it raises fund. These cannot be converted to preference sharesPreference shares\xa0are the shares which promise the holder a preference over the equity shares. These can be converted to equity sharesDividendEquity shares do not have right to receive dividendUnder this the rate of dividend is fluctuatingUnder preference shares, based on time, cumulative or non-cumulative are entitled for the dividendHere, the rate of dividend is fixedVoting rightsVoting rights under general meetingDo not have any voting rightsTypesThese are considered as ordinary shares and thus they do not have any typesThese come in various types like: Convertible and non-convertibleCumulative and non cumulativeNon participatory, etc.LiquidationDuring liquidation, shareholders will have residual right over the asset even after the repayment to preference shares of the companyThe shareholders will have first right after the repaymentParticipation rightsThey are primarily responsible for the management of the companyDo not have any participation rights in the company\'s management\t|
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| 1203. |
What is dual gst mode |
| Answer» | |
| 1204. |
Small scale industries require less capital investment. Give reason. |
| Answer» ssi require less capital investment because it is constructed in rural.areas | |
| 1205. |
What is the payment mechanism specially attached to e-business called? |
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Answer» NEFT RTGS Credit card ATM |
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| 1206. |
What is not protected under copyrights for artistic work?A. PoemsB. MapsC. DrawingsD. Logos |
| Answer» Drawings | |
| 1207. |
Name the receipt issued by the commanding officer of the ship when the cargo is loaded on the ship? |
| Answer» A mate receipt is a receipt issued by the commanding officer of the ship when the cargo is loaded on board, and contains the information about the name of the vessel, berth, date of shipment. | |
| 1208. |
What is the meaning of SFURTI? |
| Answer» SFURTI : Scheme of Fund for Regeneration of Traditional Industries. | |
| 1209. |
Difference Equity and preference shares |
| Answer» There are following basis of difference :-1. Participation in Management : Equity shareholders have full right to participate in management, while on the other hand, preference shareholders have no rights.2. Sequence of Dividend : Dividend is paid to preference shareholders before the equity shareholders.3. Sequence of Refund of Capital : On winding up of the company, capital is refunded to preference shareholders and then to equity shareholders.4. Refund of Capital during Life : Company cannot be refund equity capital during its life, but Capital can be refunded in case of redeemable preference shares. I hope this will be helpful to you! :) | |
| 1210. |
Loco invoice |
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| 1211. |
Icd establish by |
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| 1212. |
Types of industries with example |
| Answer» Industries are divided into three broad categories namely primary, secondary and tertiary.(i) Primary Industries They include all those activities which are connected with extraction and production of natural resources and reproduction and development of living organisms, plants, etc.These industries are subdivided into two types(a) Extractive Industries They are involved in extraction of products from natural resources. For example, wood from forests, fish from rivers and minerals from earth.(b) Genetic. Industries They include activities connected with rearing and breeding of animals and birds and growing plants. For example, agricultural activities, animal husbandry, dairy farming, poultry farming, etc.(ii) Secondary Industries They are concerned with the further processing of materials which have already been extracted at the primary stage. For example, the mining of an iron ore is a primary industry but manufacturing of steel from that iron is secondary.Secondary industries may be of two types(a) Manufacturing Industries They convert raw materials into finished products like cotton into textiles, wood into furniture or iron into steel.(b) Construction Industries Activities concerned with the construction of houses, roads, bridges, dams, seaports, etc belong to the category of construction industies. The main feature of these activities is that the output consists of immovable goods.(iii) Tertiary Industries They are concerned with providing support services to primary and secondary industries as well as activities related to trade. For example, transportation, banking, insurance, warehousing, etc. | |
| 1213. |
Explain any four point highlight the importance of finance in modern business |
| Answer» Financial planning is the process of preparation of a financial blueprint of an organisation’s future operations. The objective of financial planning is to ensure that enough funds are available at right time.The importance of financial planning is:(i) It helps in forecasting what may happen in future under different business situations. By doing so, it helps the firms to face the eventual situation in a better way. By preparing a blueprint of these three situations the management may decide what must be done different situations.(ii) It helps in avoiding business shocks and surprises and helps the company in preparing for the future.(iii) If helps in co-ordinating various business functions, e.g., sales and production functions, by providing clear policies and procedures.(iv) Detailed plans of action prepared under financial planning reduce waste, duplication of efforts, and gaps in planning.(v) It tries to link the present with the future.(vi) It provides a link between investment and financing decisions on a continuous basis. | |
| 1214. |
In 9th chapter "Internal Trade " Goods and Service Tax is important or not please tell me fast |
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Answer» It is very important chapter Hii |
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| 1215. |
Goverment conpany is managed by govenment ministry trueor false |
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| 1216. |
What is Factoring ? |
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| 1217. |
Explain different types of small scale retail shops |
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| 1218. |
What was the cooperation movement all about?name the leaders who supported gandhijii |
| Answer» to f with ur mum i guess...leaders who supported ghandi was johny sins | |
| 1219. |
kpo and bpo |
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| Answer» | BASIS FOR COMPARISON | BPO | KPO | \t\t\tAcronymBusiness Process OutsourcingKnowledge Process OutsourcingMeaningBPO refers to the outsourcing of non-primary activities of the organization to an external organization to minimize cost and increase efficiency.KPO is another kind of outsourcing whereby, functions related to knowledge and information are outsourced to third party service providers.Based onRulesJudgementDegree of complexityLess complexHigh complex\t|
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| 1220. |
What is the minimum members in a public company |
| Answer» 7 | |
| 1221. |
The number of partners cannot be more than hundred in a business true or false |
| Answer» False... | |
| 1222. |
The primary objective of the WTO is to implement of the new World Trade agreement true or false |
| Answer» T | |
| 1223. |
Piza hut has used which mode of entry in our country? |
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| 1224. |
what is statitory ..... batado yrrr |
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| 1225. |
What is vending machine? |
| Answer» Vending machines are the newest revolution in retail trade. These are coin operated machines and help in selling products like milk, soft drinks, hot beverages, platform tickets, etc.2. The latest development under this concept is Automated Teller Machines (ATM) in the banking sector.3. This machine has made it possible to withdraw money any time without visiting any bank.4. These machines prove to be very useful for selling prepacked goods at a low price, having high turnover and are uniform in size and weight.5. The main limitation of these machines is that the installation cost of these machines is very high. Also, the expenditure on regular maintenance and repair on them is very high.6. Another limitation of this system is that the customers can neither see the product before buying nor return the unwanted goods. | |
| 1226. |
Shaukat ali wants to import Western clothes from Thailand what first step should be regard for thia |
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Answer» yes no |
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| 1227. |
Uco bank is example of which sector |
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| 1228. |
Mention any 2 demerits of advancing loan by commercial bank |
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| 1229. |
Whole syllabus revision of b.s.t |
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| 1230. |
MOM |
| Answer» | |
| 1231. |
Statuory organization explanation |
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| 1232. |
Any three importance of IPR for an entrepreneur |
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Answer» 1- it provides the intercentive to the inventors,authors,etc., for their work. 2- it allows the work created by the person to be distributed and communicated with the person only with his/her permission.3- creators, developers get the recognition for their work. Jsjs |
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| 1233. |
Difference between ethics and social responsibility |
| Answer» Ethics can be defined as individual, occupational, organizational, or societal morals and values, while social responsibility is the practical application of ethical concerns for the benefit of society as a whole. Individual ethics are guiding principles that help us decide what is right and wrong as a person. | |
| 1234. |
Procedure and documents used in export trade |
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| 1235. |
What is NABARD full form? |
| Answer» National Bank For Agriculture & Rural Development (NABARD)It is set up as an apex Development Bank by the Government of India with a mandate for facilitating credit flow for promotion and development of agriculture, cottage and village industries. | |
| 1236. |
What is indigious banking?? |
| Answer» The activities of indigenous bankers was getting low but their importantance not. After nationalisation of commercial banks and the spread of banking in urban and rural areas, because the borrowers still facing problems to getting loans from the bank.Indigeneous bankers doesn\'t have fixed hours and paper formalities that\'s why the borrowers approach them directly and informally and get loans promptly and easily. They are very popular with traders, businessmen, agriculturists, and ordinary people.Indigenous bankers provide finance and remittance facilities to traders and small industrialists by advancing loans; writing, buying and selling hundis; writing finance bills and trade bills. Thus they help not only in financing internal trade but also in expanding it. | |
| 1237. |
Hi dosto? |
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Answer» Hloo Hloo Hey Hii |
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| 1238. |
Three function of promoter |
| Answer» In business book | |
| 1239. |
I want solutions of business studies sample papers |
| Answer» See on their personal site at the back | |
| 1240. |
What do mean by finance |
| Answer» Business finance refers to capital fund and credit fund invested in bussiness | |
| 1241. |
Difference between commercial and central bank |
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Answer» Central bank is the banker to banks goverment ,and financial institution ,whereas commercial bank is the banker to the citizens International business meaning |
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| 1242. |
What is joint stock |
| Answer» Joint stock companya is an artificial person having sepatate legal existence ,perpetuAl succession and common seal. | |
| 1243. |
Difference between itinerant retailers and fixed shop retailers |
| Answer» Itinerants are those who move from one place to another in search of customers while fixed shop retailers display their articles on a fixed place (their shop)Itinerants sell comparatively low grade products than fixed shop retailers.The prices of fixed shop retailers are relatively higher than that of itinerants. | |
| 1244. |
Mohan sells his old dressing table on OLX for \'4000\'. Is it a bussiness activity?justify |
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Answer» No it is not business activity it does nt sale goods on regulat basis No it is not a business activity because it is not done at regular basis Economic activity No because for any activity to he needed to be classified as a business activity it must be done on a regular basis |
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| 1245. |
What is minimum subscription?? |
| Answer» Minimum subscription refers to the no of shares to be subscribed of a company, to allow the company frm obtaining fund frm stock market. | |
| 1246. |
What is partnership deed ? What are included in partnership deed |
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Answer» Partnership deed is the agreement between the partners that specify the terms or conditions of partners Partnership deed is a contractual relationship between partners. It includes 1. Address of partners 2. Ratio of profit3. Name of partners.4. Name of firm etc. |
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| 1247. |
Any easy way to remember export procedures |
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Answer» Okk easy hi chahiye toh li kyu ??? acc. Take smart classes from you tube they clearly show you as a short movie... |
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| 1248. |
Elaborate three financial instrument used in international financing |
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Answer» ? Ivuub |
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| 1249. |
case study of apple |
| Answer» | |
| 1250. |
Give two example of usage of vending machine. |
| Answer» ATM machine and weighting machine | |