InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your Class 11 knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
A prospectus is issued by |
| Answer» A prospectus is a document issued by a company that provides comprehensive information about this company. | |
| 152. |
Give any one difference between ethixs and law??? |
| Answer» Laws are generally passed to keep a check on unethical practices. They are the results of social pressures. When society considers a practice , unethical, it may exercise its influence to get that practice declared illegal. Ethics may be defined as the socially accepted standards of moral conduct, They constitute a set of principles or rules governing j behaviour. All the ethics cannot be given the shape of law, so ethics are broader than law. | |
| 153. |
What do you mean by vending machine ? |
| Answer» A vending machine is a new form of direct retailing. It is a machine operated by coins or tokens. The buyer inserts a token in the machine and receives a specific quantity of product from the machine. | |
| 154. |
Note on start up india scheme |
| Answer» It refers to the government scheme under which financial and other assistance is provide the young entreprrneur in the order to convert the inisiative to be taken by them. | |
| 155. |
What is business ethics ? |
| Answer» Thanks Aahuti Dodiya<br>Business ethics refers to the set of moral values or standards or norms which govern the activities of a business. Ethics define what is right and what is wrong. It involves critical analysis of human acts to determine whether these are right or wrong. | |
| 156. |
five advantages of joint vanture |
| Answer» 1.Reduces competition 2.Reduces risk3.Advanced technology4.Large capital5.Reduction in cost | |
| 157. |
Any type of case study question |
| Answer» | |
| 158. |
What difference between MOA and AOA in short ? |
| Answer» <th>BASIS FOR COMPARISON</th> <th>MEMORANDUM OF ASSOCIATION</th> <th>ARTICLES OF ASSOCIATION</th> \t\t\tMeaningMemorandum of Association is a document that contains all the fundamental information which are required for the incorporation of the company.Articles of Association is a document containing all the rules and regulations that governs the company.Defined inSection 2 (56)Section 2 (5)Type of Information containedPowers and objects of the company.Rules of the company.StatusIt is subordinate to the Companies Act.It is subordinate to the memorandum.Retrospective EffectThe memorandum of association of the company cannot be amended retrospectively.The articles of association can be amended retrospectively.Major contentsA memorandum must contain six clauses.The articles can be drafted as per the choice of the company.ObligatoryYes, for all companies.A public company limited by shares can adopt Table A in place of articles.Compulsory filing at the time of RegistrationRequiredNot required at all.AlterationAlteration can be done, after passing Special Resolution (SR) in Annual General Meeting (AGM) and previous approval of Central Government (CG) or Company Law Board (CLB) is required.Alteration can be done in the Articles by passing Special Resolution (SR) at Annual General Meeting (AGM)RelationDefines the relation between company and outsider.Regulates the relationship between company and its members and also between the members inter se.Acts done beyond the scopeAbsolutely voidCan be ratified by shareholders.\t | |
| 159. |
Difine indent |
| Answer» An indent is an order received by an exporter from his overseas buyer | |
| 160. |
What is the emerging mode of business |
| Answer» | |
| 161. |
Chapter no 7 Formation of company is not available in the app |
| Answer» Because it is included in chap 2<br>Yes | |
| 162. |
What do you mean by memorandom of assosiation |
| Answer» The Memorandum of Association or MOA of a company defines the constitution and the scope of powers of the company. In simple words, the MOA is the foundation on which the company is built.\xa0<br>A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders. | |
| 163. |
About and define GST? |
| Answer» The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services. In effect, GST provides revenue for the government. | |
| 164. |
Explain the types of ICD |
| Answer» There are 3 types of ICD (Inter-Corporate Deposits):1. Three Months Deposits: Most common deposits to overcome the short-term finance problem. This deposit of 3 months has an annual interest rate of 12%p.a.2. Six Months Deposits: These are made with first class borrowers. The annual interest rate is 15%p.a.3. Call Deposits: This can be withdrawn by the lender by giving one-day notice. The rate of interest is 10%.<br>such asVentricular tachycardia (rapid regular beating of the ventricles, the bottom chambers of the heart); andVentricular fibrillation (rapid irregular beating of the ventricles). | |
| 165. |
Sample paper 2 questio 20 |
| Answer» Yes,I totally agree with the given statement & can justify it in the following manner:1.Survival: A proprietor can\'t survive for long without earning adequate profit. It is the proprietor\'s income & source of livelihood.2.Expansion & Growth: A business can expand & grow only by earning sufficient amount of profits. Large amount of profits helo the proprietor invest more of it in the firm & keep some aside as a reliable source if fund for future needs.3. Reward for bearing the risk: The proprietor invests in the business with the intention of earning profits. This involves risk as the firm might incur losses as well. Thus, profit is the reward for bearing this risk.4. Symbol of Efficiency: A company earning good amount of profits proves the excellence in their management skills whereas lower amount of profits depict inefficient management of the firm. Thus, the amount of profits earned judges the management skills & efficiency of the firm. | |
| 166. |
Financial market sebi function |
| Answer» Protect the interests of investors | |
| 167. |
Explain the procedure of alteration of memorandum of association. |
| Answer» Memorandum of association can not be altered wholly but only its contents can be altered | |
| 168. |
who writes the credit note as a main document to be used in internal trade |
| Answer» seller | |
| 169. |
What is memorandum of association |
| Answer» Memorandum of association is very important document for the company who have to register their company or have to open it.This document explains external rules and regulations of the company#Rajat singh | |
| 170. |
What is forms of organisations has a disadvantage namely no benefit to poor people |
| Answer» | |
| 171. |
THE FOUR INSTITUTIONS WORKING FOR THE BENEFIT OF SMALL SCALE INDUSTRIES |
| Answer» National bank for agriculture and rural development (NABARD) ; The rural small business development centre (RSBDC) ; National small industries corporation (NSIC) | |
| 172. |
Difference between e businesses and e commerce |
| Answer» E commerce is a wider term than e business e-business comes under the e-commerce | |
| 173. |
articles of association |
| Answer» Contains rules and regulations regarding the management of a company\'s internal affairs. If defines powers, duties, rights of managers, etc. | |
| 174. |
Which form of business organization gives all rights to minor member |
| Answer» No. Partnership does not permit a minor to become a partner according to the partnership act, 1932.<br>no the correct answer is partnership<br>Joint Hindu family | |
| 175. |
Features of public enterprises |
| Answer» Public enterprise works for the welfare of the public.they are accountable to public. They use money of the public, hence they have responsibility for the welfare of the public and contribute to the development of the country | |
| 176. |
Expalin the concept of business |
| Answer» Production or procurement and sale of goods with the main motive of earning profit. ☺️? | |
| 177. |
Give any 3 advantage of intercorporate deposites. |
| Answer» | |
| 178. |
What is the major reason underlying trade between nations ? |
| Answer» Reasons responsible for the growth of international business :1.\xa0Unequal distribution of resources : Countries cannot produce equally well or cheaply all that they need because of unequal distribution of natural resources among them or differences in their productivity levels. Therefore, some countries have access to produce some products at lower cost that what other nations can do. Hence, the countries find it easy to produce those goods and services in which they have specialization and cost advantage and procuring the rest through trade, with other countries. This lead to emergence of international business.2.\xa0Geographical specialisation : It is because this reason that the trade between two countries takes place e.g. developing countries are labour abundant specialise in producing and exporting garments. Since they lack capital and technology, they import textile machinery from the developed nations which the latter are in a position to produce more efficiently.3.\xa0To avail the benefits of cheap imports : Firms prefer to import those products and services which are available at lower prices in other countries and export the goods to other countries in which they have comparative cost and quality advantage. | |
| 179. |
what is e-business |
| Answer» E-business is conducting all the function like production sale human resource,finance,distribution,marketing,using computer network is also known as online business<br>It refers to carrying on business activities through internet. | |
| 180. |
pls tell important topics of ch international business... |
| Answer» | |
| 181. |
There are large number of retailers who do not have fixed shops. What are they known as? |
| Answer» Itinerant retailers | |
| 182. |
What is partnership and what is the merits of partnership. |
| Answer» It is a popular form of business for small scale and medium scale business. Merits: easy to formLarger financial resourcesRisk sharingMotivationDivision of work | |
| 183. |
Meritis of equity shares |
| Answer» Voting rights | |
| 184. |
explain the importance and benefits of outsourcing |
| Answer» Economic growth<br>1.Convenience2. Economic growth3. Cost reduce | |
| 185. |
Can I get business studies questions pls? |
| Answer» Difference between moa nd aoa is important topic<br>Of which chapter | |
| 186. |
Arguements of social responsibility? |
| Answer» Arguments for Social Responsibility1.Business is a part of society.2.Long-term Self-interest of Business.3.Moral Justification.4.Creating Better Public Image.5.Avoidance of Government Regulations.6.Maintenance of Society.7.Contrary to Basic Function of Business.8.Conflict with Profit Motive. | |
| 187. |
What is Company? What are its characteristics |
| Answer» Indian company act 2013 company mean an artifical person. Which is governed by law with preprectal succession and common seal | |
| 188. |
Explain licensing and franching.how they differ |
| Answer» | |
| 189. |
Formation of a company is in our syllabus |
| Answer» | |
| 190. |
what is sleeping patterns. |
| Answer» The sleepong partner is the one who contributes in the the capital ,shares pft and losses,has unlimited liablity bit does not contribute in management | |
| 191. |
Give an example of activity which is economic on one side and non economic on other side |
| Answer» When a teacher teaches in school is called economic activity and when teacher teaches her own children so it is called non economic activity . | |
| 192. |
Explain the sources raising long term finance for business |
| Answer» The Sources of Long Term Finance are those sources from where the funds are raised for a longer period of time, usually more than a year. Long term financing is required for modernization, expansion, diversification and development of business operations.->Objectives of Long-term FinancingTo purchase new asset or equipmentTo finance the permanent part of the working capitalTo enhance the cash flow in the firmTo invest in R&D operationsTo construct or build new construction projectsTo develop a new product | |
| 193. |
How is share different from debenture from taxation point of view? |
| Answer» | |
| 194. |
Types of bank |
| Answer» Financial, cooperative, specialized, central bank...... | |
| 195. |
What is ware housing ? What are the function of warehousing? |
| Answer» goods are stored in warehouse.some functions of warehousing are: 1.break the bulk 2. consolidation of goods3. stock piling4. price stabilisation | |
| 196. |
Factors of e business |
| Answer» | |
| 197. |
The source termed as fair weather friend what is it plz fast reply |
| Answer» Public deposist are fair wheather friend.It is an uncertain and unrealistic form of financing.when depositors feel that the company is in shaky position,they may not respond to finance deposits or may start withdrawing there existing deposists.<br>public deposits | |
| 198. |
\'Promoter is nither a trusty nor the agent of the company.\' Comment. |
| Answer» | |
| 199. |
Why banks are creditor as well as debtors |
| Answer» And they also accept deposits which makes them debtors for the public<br>As they lend loans to public so they are creditors of them | |
| 200. |
Inter corporate deposit |
| Answer» unsecured deposits with low rate of interest than banks n mostly preferred by low level companies. | |