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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.
| 1401. |
Give any two examples of business activities which are considered unethical |
| Answer» Quarrel with customers.Hight rate prices on bad quality products .Any business activities which are dont determine socially determined moral principles is unethical. | |
| 1402. |
Can a minor be admited as a partner in a firm. Give reason |
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Answer» As a minor partner Yes No Ni When the inclusion of an individual into the business occurs due to the birth in the Hindu Undivided Family (HUF) is known as Minor. On the other hand, partnership is based on legal contract between two persons who agree to share the profits or losses of a business carried on by them and a minor is incompetent to enter into such a valid contract with others. Hence, a minor cannot become a partner in any firm. However, a minor can be admitted to the benefits of a partnership firm with the mutual consent of all other partners. |
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| 1403. |
What is statutory corporation? |
| Answer» A statutory corporation is a body corporate formed by the central and state legislature .It is fully financed by the government. For example -Indian airlines , air India etc. And it is also known as public corporation. | |
| 1404. |
Advantage of bpo |
| Answer» Advantages of a BPO1. FlexibilityOutsourcing non-core activities to a BPO allows a company to be far more flexible. Firstly, the company does not have to invest in additionally fixed assets and can convert them to variable costs. It also increases flexibility in resource management of the client company and helps in adapting to changes in the environment much faster.2. Cost EffectiveOutsourcing some of the business processes and activities can be very cost effective for the client company. They save on investing in fixed assets and fixed costs. And they can redirect these funds for their core activities.Also outsourcing to developing countries proves to be very cost saving for these companies. For example, if any large MNC was to outsource their IT services to India, they would save an average of 30% of the company’s expenses. This is quite a significant difference.3. SpeedOne of the biggest advantages of BPOs is that they increase the speed of the business processes outsourced to them. They have a very good response time and the clients can focus on the core activities. This fragmentation of activities speeds up the whole process and is very important in cases like customer service.4. Skilled ManpowerWhen you outsource one of your business activities to a BPO, you are insured of exemplary services provided by skilled manpower. So if you outsource your supply chain management, rest assured your supply chain will be handled by skilled supply chain managers who are experts in their field. Same goes for IT services or accounting etc. | |
| 1405. |
CHALENGS cavun kare |
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| 1406. |
A firm can be a partner |
| Answer» | |
| 1407. |
Case studies of business services |
| Answer» | |
| 1408. |
Visit to fruit wholesale market |
| Answer» | |
| 1409. |
What is uberreimae fidei |
| Answer» | |
| 1410. |
distinguish between departmental undertakings and statutory corporation on 3 basis |
| Answer» Departmental undertaking is one of the departments of government it is no separate existence than government where as statutory corporations are established under special act passed in parliament or state legislative assembly | |
| 1411. |
Comment on any one community of Hindu law. |
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| 1412. |
Explain the process of registration of a partnership firm |
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| 1413. |
Why is the rate of Petrol changing every time? And not has a fix rate? |
| Answer» Due to changes in import/export duties and value of ruppee | |
| 1414. |
Is railway department also going in the hands of private sector? |
| Answer» | |
| 1415. |
Why is business is responsible environmental protection |
| Answer» Business operates in the environment, it uses resources of environment so in return it has some responsibilities towards env | |
| 1416. |
Public sector is considered as life line of economic development.Discuss |
| Answer» They are financed from the annual budgets of the government | |
| 1417. |
Prachin Bharat mein prayog hone wale Margo ka varnan kijiye |
| Answer» Silk route and spice route | |
| 1418. |
What is the difference between NEFT and RTGS |
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Answer» 1.RTGS means real time gross settlement which transfers funds from one bank ac to another in real time 2.the transactions are settled as soon as they are processed3.the transactions are not processed in batches 4.minimum value for rtgs is 2 lakh ×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-×-1.NEFT is national elactronic funds transfer which allows funds to transfer from any bank branch with any another bank branch across country 2.it settle transactions in batches 3.it take place 11 times during weak days and 5 times during saturday 4. there is no minimum and maximum value to do NEFT 1.RTGS done real time. NEFT done on batches 2.rtgs stand for Real time gross settlement. NEFT stand for National electronic fund transfer \tReal Time Gross Settlement System (RTGS)\u200bNational Electronic Fund Transfer (NEFT)1. RTGS is a fund transfer system where transfer of funds takes place from one bank account to another bank account in real time.NEFT is a electronic fund transfer system, the system provides with transfer of funds to other bank accounts in various branches over the country.2. The minimum amount that can be remitted is Rs 2 lakh per transaction. There is no upper limit for RTGS transactions.There is no minimum and maximum limit for NEFT transactions.\t\xa0 |
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| 1419. |
Difference private sector and public sector |
| Answer» \tPrivate sectorPublic sectorThe private sector refers to all those occupations and economic activities which are owned and controlled by individuals.The public sector refers to all those occupations and economic activities which are owned and controlled by the government.The main aim of the private sector is to earn profits.The main aim is not only to earn profits but also to provide key services to the people at low costs. Hence, the public sector may incur loss.Demand and supply of market forces determines the production activity.The government takes the major decisions in the production\t | |
| 1420. |
What is the procedure for registration of a firm. |
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Answer» You have to write this only in 3to5 sentence the registration can be at the time of formation at any time during its existence the procedure for getting a firm registered is as follows:1. submission of application in the prescribed form to the register of the forms the application should contain the following particulars:Name of the firmLocation of the firmNames of other places where the form carries on businessName and address of the partnerDuration of partnershipthis application should be signed by all the partners 2. deposit of required fees with the register of firms 3.registrar after approval will make an entry in the registrar of the firms and will subsequently issue a certificate of registration |
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| 1421. |
When does sole trade business suitable form of organisation |
| Answer» When there is a single person to hold and run the business as it is easy to form and close | |
| 1422. |
What is difference between cash credit and overdraft |
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| Answer» | CASH CREDIT | OVERDRAFT | \t\t\tCash credit is a type of short term loan provided to companies to fulfill their working capital requirement.Overdraft is a facility given by the bank to companies, to withdraw money "more" than the balance available in their respective accounts.Pledge or hypothecation of inventory.Assets like financial instrument and property.Cash Credit AccountCurrent Account\t|
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| 1423. |
Timber industry is which type of industry |
| Answer» Primary | |
| 1424. |
Partnership of business |
| Answer» Partnership means a relationship between two person who have agreed to share profit or loss of the business | |
| 1425. |
What is borrowing fund |
| Answer» | |
| 1426. |
What are the Disadvantages of preference shares . |
| Answer» \tRate of dividend payable on preference shares is higher than the rate of interest on debenture\tThe claim of equity shareholders over assets of the company is affected by the issue of preference share capital.\tInvestors willing to take risk and earn higher returns do not prefer preference shares.\tSince dividend paid is not deductible from profits as expense, there is no tax saving as in case of interest on debentures or loans.\tThere is no consistent return for the investors because the dividend is payable to the preference shareholders only when the company earns profit. | |
| 1427. |
Maximum member required for partnership |
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Answer» Min. 2 & max. 50 members are.require for partnership dorm of business organisation 50 2 to till 50 50 |
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| 1428. |
What are the requisites of a successful business? |
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Answer» Requisites of business success to achieve the business success some certain things are required they are as follows: \tPersonality of the managers: the managers should be very good.he should have the pleasant personality. he also should have managerial skills, intillegence, good communication etc.\tWell-defined objectives: the business should have its own objectives.so,that the activities on the organization can be easily carried out.it helps in achieving organizational goal.\tProper planning and policy: proper planning and policy should be made so that the company can achieve its goal without any difficulty.\tAdequate finance: adequate finance is required to perform the day to day activities like buying and selling of the goods in the company.to operate the business\xa0activities adequate finance is inevitable.\tProper location, size: the business should be started in proper location so that all the required physical features can be achieved easily. so that the organizational goal can be easily achieved.
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| 1429. |
Why is proper planning essential for the success of business? |
| Answer» Business planning helps to improve your work productivity by ensuring you to stay in a right track of your goals. It also helps you to predict the road block you may get in your business success which helps to keep the solution ready for the problem you are going to face in the future. | |
| 1430. |
Active partner. |
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Answer» A partner who invest money ,share profit and loss and have actively part in the management. ______________________________ A partner who actively take part in management of the firm . |
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| 1431. |
What is Memorandum ofUnderstanding |
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| 1432. |
Difference between N. E. F. T.and R. T. G. S |
| Answer» N.E.F.T. is a net settlement while R.T.G.S. is a gross settlement | |
| 1433. |
Company |
| Answer» Company is a artificial person , separate legal entity and have perpetual succession and common seal | |
| 1434. |
Name the an economic activity in which special knownledge is required ? |
| Answer» Proffession | |
| 1435. |
Which type of share is known as risk capital? |
| Answer» Borrowed share | |
| 1436. |
What is difference between Dr card and atm card? |
| Answer» ATM Cards -\xa0With ATM Cards, the sole function you can perform is withdraw cash from the ATM. ATM Cards use a 4-digit PIN or unique Personal Identification Number and is linked to your bank account. So, your bank account balance is reduced in real time if you withdraw any cash, at given time.Debit Cards -\xa0Easy. Convenient. Hassle Free. These are the three words that describe a Debit Card best. You can use a\xa0Debit Card\xa0anytime and anywhere for a variety of reasons. They are multi-functional in terms of utility, and all you will need is your PIN (Personalized Identification Number) to complete your purchase. Debit Cards are tied to your Savings Accounts. | |
| 1437. |
one man control is the best in the world, if tha man is big enoughro manage the whole show. |
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| 1438. |
what is ease of formation? Explain |
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| 1439. |
Why a company is considered a government company wheather it is formulated by companies act 1956 |
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| 1440. |
Concept of cooperative societies |
| Answer» | |
| 1441. |
Case studies kase karta Hai |
| Answer» | |
| 1442. |
What are the two types of risk involve in e business? |
| Answer» There are 4 types of risk......i.e.:SPECULATIVE RISKPURE RISK INSURABLE RISKUNISURABLE RISK | |
| 1443. |
secondary industries |
| Answer» | |
| 1444. |
Difference between preference share and debentures share |
| Answer» \tBasis of DifferenceDebenturePreferences ShareMeaningThe Debenture is the type of loan or debt instrument which is issued in the market to subscribe to the public.The shares capital which is carrying a fixed rate of dividends and preference to repayment known as preference shares.TypesIt is a type of loan.\xa0It is a type of Capital.\xa0Rate of ReturnIt has a fixed rate of Return which is known as Interest.It has a fixed rate of Return which is known as Dividend.Secured\xa0It\xa0may or may not\xa0be secured against the assets.\xa0it is not secured but have a preference to repayment.Voting RightsIt does not have voting rights.It does have voting rights.ConvertibilityIt can be convertible after maturity into an Equity share as well as preference share.It can be convertible into an equity share.\xa0RiskDebenture holders are relatively safe.Shareholders are at a greater risk.\xa0Repaymentwill be repaid after a specific period.\xa0it will not be repaid through the whole life of the business.Priority as to RepaymentIn the case of winding up of the company the payment made to debenture holders before the payment of made to preference shareholders.In the case of winding up of the company the payment made to the preference shareholders before the payment to equity shareholders.\t | |
| 1445. |
Can bst not be available in Hindi? |
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| 1446. |
Case studies |
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| 1447. |
What do you mean by multi option deposit account? |
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| 1448. |
What is company |
| Answer» Company : A legal entity, allowed by legislation, which permits a group of people, as shareholders, to apply to the government for an independent organization to be created, which can then focus on pursuing set objectives, and empowered with legal rights which are usually only reserved for individuals, such as to sue and be sued, own property, hire employees or loan and borrow money.Companies can be structured in different ways. For example, your company can be a sole proprietorship, a partnership, or a corporation.\xa0Depending on which different type of company you\'re dealing with, it may be owned by one person or a group of people. Liability in most types of company is assumed by the owners, and can either be limited or unlimited depending on the type. | |
| 1449. |
PSE are organized by |
| Answer» | |
| 1450. |
Name the industries which provide support other industries |
| Answer» Territory industries | |