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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.
| 2601. |
What is the full form of BPO? |
| Answer» Business process outsourcing<br>BPO stands for business process outsourcing.?? | |
| 2602. |
Difference between partnership and co-operative society |
| Answer» \tPointsCo-operative SocietyPartnership Firm1. MeaningCo-operative Society is a voluntary association of individuals Which is formed for providing services to its members.A partnership firm is formed by two or more persons to do business and share profits.2. Number of membersMinimum ten persons and maximum no limit.Minimum two persons and a maximum of fifty persons.3. RegistrationIt is compulsory.It is not compulsory in India, but compulsory is Maharashtra4. LiabilityThe liability of members is limited up to the extent of the unpaid amount on shares held by them.The liability of partners is unlimited, joint, and several.5. SecrecyIt is not possible to maintain secrecy iii a Co-operative Society.The company has huge capital.6. ManagementManaging Committee manages the society according to its bye-laws.All partners are involved in the management of the firm.7. StabilityStability is not affected by death, insolvency, or lunacy of a member.The stability of a firm is affected by death, insolvency or lunacy of a partner.8. Government ControlThere is a lot of government supervision and control.There is minimum government supervision for a partnership firm.9. ActCo-operative Societies have to follow the Indian Co-operative Societies Act, 1912. In Maharashtra, societies have to follow the Maharashtra Co-operative Societies Act, 1960.Partnership firms are governed by the Indian Partnership Act, 1932.10. MotiveThe motive is to give maximum services to the people.The motive is to earn profits.11. Legal StatusA Co-operative Society enjoys an independent legal status, distinct from its members.Partnership firms do not have an independent legal status. Partners and the firms are one and the same.12. Transfer of sharesMembers can surrender shares to society.Partners cannot transfer the shares without the consent of other partners.\t | |
| 2603. |
Business project on advertisement |
| Answer» | |
| 2604. |
What is B2C commerce? |
| Answer» Question is B2C (business to customer) commerce<br>Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output .Example- Providing raw material to the other company that will produce output. | |
| 2605. |
Trade credit |
| Answer» Trade credit is the credit extended by one trader to another for the purchase of goods and services. Trade credit facilitates the purchase of supplies without immediate payment such credit appears in the records of the buyer of goods as ‘sundry creditors’ or ‘accounts payable’.Merits of trade credit are as follows:\xa01.\xa0Trade credit is convenient and continuous source of funds.2.\xa0Trade credit may be readily available in case the credit worthiness of the customers is known to the seller.3.\xa0Trade credit needs to promote the sales of an organisation.4.\xa0It an organisation wants to increase its inventory level in order to meet expected rise in the sales volume in the near future, it may use trade credit to, finance the same.5.\xa0It does not create any charge on the assets of the firm while providing funds.Demerits are as follows :1. Availability of easy and flexible trade credit facilities may induce a firm to indulge in overtrading, which may add to the risks of the firm.2.\xa0Only limited amount of funds can be generated through trade credit.3.\xa0It is generally a costly source of funds as compared to most other sources of raising money. | |
| 2606. |
How is business ethics different from law? |
| Answer» Business Ethics refer to the moral values for standard on on which governs the activity of a businessman define what is right and what is wrong by Edwin in the business practices which are desirable from the point of view of society .?? | |
| 2607. |
Which funds required in day to day operations of business |
| Answer» Working capital is required in day to day operations of businessWorking capital is required by a business for the purchase of raw materials and for meeting day-to-day expenses such as wages, salaries, rents, taxes, interest, etc. It may be defined as the capital invested in the working or current assets, such as raw materials, semifinished goods, finished goods, debts recoverable from the customers to whom goods have been sold on credit, and so on. Working capital is also referred to as the circulating capital or revolving capital. | |
| 2608. |
What is cryptography? |
| Answer» Hey! How u added diagram?<br>Cryptography provides secure communication in the presence of malicious third parties—known as adversaries. Encryption (a major component of cryptography) uses an algorithm and a key to transform an input (i.e., plaintext) into an encrypted output (i.e., cipher text). A given algorithm will always transform the same plaintext into the same cipher text if the same key is used.All cryptography algorithm can be divided into two parts:\tSymmetric cryptography\tAsymmetric cryptography | |
| 2609. |
Explain internal trade and external trade in brief and also mention their difference between them |
| Answer» Trading done within the geographical boundry of the nation is known internal trade and vice versa | |
| 2610. |
What is indigenous bankers |
| Answer» Those banker who are worker of Ancient bank in india | |
| 2611. |
Which type of organisation has disadvantage namely no benefits to poor people |
| Answer» MNCS<br>Multinational companies or global enterprises .?? | |
| 2612. |
Explain article of association |
| Answer» the article of association are tattoos for the internal management of base affairs of a company the article defines the duties rights and powers of the officers and the boards of directors. ?? | |
| 2613. |
Type of social responsibility |
| Answer» Economic LegalDiscretionary Ethical | |
| 2614. |
Can you tell me important topics of all the chapters |
| Answer» Chapter I- features, objectives of business,diff.b/w businesses, professional and employment, businesses risk.Ch-2sole proprietorship , partnership, joint hindu family business cooperation society company. | |
| 2615. |
What is promoter |
| Answer» A promoter is a person who gives a practical shape to a business idea<br>Wipro model is said to be the one who undertakes to form a company with the reference to a given project and to set it going and who takes the necessary steps to accomplish that purpose. | |
| 2616. |
There is no chapter of sample business and mode of history |
| Answer» | |
| 2617. |
What was the role of indigenous banking system in enhancing trade and Commerce? (6) |
| Answer» A country’s development can be achieved only through economic growth which\xa0is dependent on the prevailing financial system. The role played by the adopted\xa0‘Financial System’ is crucial and it intermediates between the flow of funds\xa0belonging to those who save a part of their income and those who invest in\xa0productive assets. The major function of the financial system is the provision of money\xa0and monetary assets for the production of goods and services.A strong\xa0financial system is crucial to fulfilling the objective of strengthening the real economy\xa0and for its healthy and orderly growth. The financial\xa0system is a complex, well-integrated set of sub-systems of\xa0Financial Institutions, Markets, Instruments, and Services which facilitates the transfer\xa0and allocation of funds, efficiently and effectively. The formal financial the\xa0system consists of four segments or components namely –(1) Financial Institutions, (2) Financial Markets, (3) Financial Instruments and (4) Financial Services.These constitute the financial system and act as a conduit for the transfer of financial resources from net savers to net borrowers i.e. from those who\xa0spend less than they earn to those who earn more than they spent | |
| 2618. |
What is AOA |
| Answer» \tArticles of Association (AOA) is a document containing all the rules and regulations that govern the company\tThe articles provide the regulations by which those objectives and powers are to be conveyed into impact.\tThe articles demonstrate obligations, rights, and powers of individuals, who are endowed with the responsibility of running the organization and administration.\tAny provision, as opposed to a memorandum of association, is invalid. | |
| 2619. |
What is the most important chapter to prepare for exams plz help only one day left |
| Answer» Jyoti is right<br>Private public and global enterprises, business services, sources of business finance , small business , international trade.?? | |
| 2620. |
Business studies of class 11std commerce classification of business activities |
| Answer» Business activities are classified into industry and commerce.?? | |
| 2621. |
Difference Between wholesaler and retailer |
| Answer» Retailer sell variety of goodsRetailer sell according to demand of consumer Wholesaler sell only one line of productWholesaler sell product in bulk<br>wholesaler is a person who buy and sell the goods and services in large quantities for the purpose of research for intermediate use . Wholesaler act as an important link between manufacturer and retailer. where is retailer buy goods in large quantities from the wholesaler and sell them in small quantities to the ultimate consumers . ?? | |
| 2622. |
Name the person who keep his identity secret from others |
| Answer» Secret partner<br>Secret Partner | |
| 2623. |
Explain the terms used in external trade;1 CRF2 FOB3 CIF |
| Answer» First one is \'comany registration form\'<br>1 Cost and Freight<br>2 Free on board3 Cost Insurance Freight1 -------- don\'t know | |
| 2624. |
Explain the principle "insurable interest". |
| Answer» It is must that the insured has insurable interest in the property, object or life which is insured i.e, insurable interest is the subject matter of insurance. Insurance does not cover the property, object or life but it covers the potential loss which the insured might suffer due to risk of loss in such property, object or life. | |
| 2625. |
Can anyone help me to learn the establishment dates of the special financial institutions please |
| Answer» | |
| 2626. |
Mohan sales his old dressing table on OLX for rs. 4000 . Is it a business activity ? Justify. |
| Answer» No<br>No its not an business activity because business activities are those activities in which buying and selling of goods take place on regular basis | |
| 2627. |
Why gst is called as comprehensive indirect tax. |
| Answer» All indirect taxes are merged into gst<br>Because it replace all indirect taxes | |
| 2628. |
Merits of debentures |
| Answer» 1) Investors who want fixed income at lesser risk prefer them.2) As a debenture does not carry voting rights, financing through them does not dilute control of equity shareholders on management.3) Financing through them is less costly as compared to the cost of preference or equity capital as the interest payment on debentures is tax deductible.4) The company does not involve its profits in a debenture.5) The issue of debentures is appropriate in the situation when the sales and earnings are relatively stable.<br>1st long term loan 2nd small loats loan 3rd. Tax advantages | |
| 2629. |
Please tell me what is GATT and WTO |
| Answer» WTO=world trade organisationGATT=general agreement for tariffs and trade | |
| 2630. |
Difference between franchising & licencing |
| Answer» Sorry ye licencing tha ?<br>Franchising means use of patent, trademarks or copyright of other firm in lieu of some fee is called franchising . Franchising is a scope of international business. | |
| 2631. |
State any one feature of small scale industries |
| Answer» They have limited resources. | |
| 2632. |
Sate any one feature of small scale industries. |
| Answer» \tPersonal character : SSIs enjoy personal character.\tIt is generally owned by a single entrepreneur or partnership.\tSimple managerial structure : It is managed by owners only. Thus, can reap the benefits of direct motivation, secrecy, flexibility, etc.\tLabour incentive techniques : There is pre-dominance of labour. These units use labour incentive techniques of production instead of mechanised methods of production.\tLocal area of operations : The operations of a unit are localised. It depends mainly on local resources but products are exported all over the world.\tSimple technology : The machinery and equipments used for production of goods are operated manually and are not very sophisticated. | |
| 2633. |
Iss public company change into private company ?? |
| Answer» Yes Minimum members required 7And after receiving certificate of commencement of business<br>Yes but by the approval of central government | |
| 2634. |
When a wholesaler buy product in bulk quantity they sell this goods to customer directly . Yes or no |
| Answer» No , it sells to retailer .....Acc. To link producer ?wholesaler?retailer?consumer? | |
| 2635. |
sample paper answers? |
| Answer» Sample Question Paper1. Name the trade where import of goods is made before the export of goods. 12. Which act governs joint Hindu family business ? 13. In which form of business organization, every member acts both as an agent and as a principal? 14. Which form of public sector enterprises is most suitable when national security is concerned ? 15. Which type of public enterprises is established under a special act of the parliament ? 16. In which type of public enterprises, control lies in the hands of the concerned ministry ? 17. Mention any one advantage of Joint venture ? 18. Mention any one point of difference traditional business and e-business ? 1 | |
| 2636. |
Difference between GDR & ADR |
| Answer» The important difference between ADR and GDR are indicated in the following points:ADR is an abbreviation for American Depository Receipt whereas GDR is an acronym for Global Depository Receipt.ADR is a depository receipt issued by a US depository bank, against a certain number of shares of non-US company stock, trading in the US stock exchange. GDR is a negotiable instrument issued by the international depository bank, representing foreign company’s stock that is offered for sale in the international market.With the help of ADR, foreign companies can trade in US stock market, through various bank branches. On the other hand, GDR helps foreign companies to trade in any country’s stock market other than the US stock market, through ODB’s branches.ADR is issued in America while GDR is issued in Europe.ADR is listed in American Stock Exchange i.e. New York Stock Exchange (NYSE) or National Association of Securities Dealers Automated Quotations (NASDAQ). Conversely, GDR is listed in non-US stock exchanges like London Stock Exchange or Luxembourg Stock Exchange.ADR can be negotiated in America only while GDR can be negotiated in all around the world.When it comes to disclosure requirements for ADR’s, stipulated by the Securities Exchange Commission (SEC) are onerous. Unlike GDR’s whose disclosure requirements are less onerous.Talking about the market, ADR market is a retail investor market, where the investor’s participation is large and provides a proper valuation of a company’s stock. As opposed to the GDR, where the market is an institutional one, with less liquidity. | |
| 2637. |
500shares each share 50 ruppes he paid44 ruppes whAt the liability |
| Answer» 6 | |
| 2638. |
Objective of business |
| Answer» The main objectives that a business might have are:1.Survival – a short term objective, probably for small business just starting out, or when a new firm enters the market or at a time of crisis.2.Profit maximisation – try to make the most profit possible – most like to be the aim of the owners and shareholders.3.Profit satisficing – try to make enough profit to keep the owners comfortable – probably the aim of smaller businesses whose owners do not want to work longer hours.4.Sales growth – where the business tries to make as many sales as possible. This may be because the managers believe that the survival of the business depends on being large. Large businesses can also benefit from economies of scale. | |
| 2639. |
CPI method |
| Answer» A consumer price index (CPI) measures changes in the price level of market basket of consumer goods and services purchased by households. ... It is one of several price indices calculated by most national statistical agencies. The annual percentage change in a CPI is used as a measure of inflation. | |
| 2640. |
What are theTypes of partner ..... |
| Answer» Active partnerDormant partnerNominal partnerSecret partnerPartner by estoppel<br>The different kinds of Partners that are found in Partnership Firms are as follows!1.Active or managing partner: ...2.Sleeping or dormant partner: ...3.Nominal or ostensible partner: ...4.Partner by estoppel or holding out: ...5.Partner in profits only: ...6.Minor as a partner: ... | |
| 2641. |
Advantage of outsourcing. And its limitations .... |
| Answer» Global competitive pressures for higher quality products at lower costs, ever demanding customers and emerging technologies are responsible for the continuing emergence of outsourcing as a mode of business. Need for outsourcing is outlined in the following points(i) Focused Attention Business firms are realizing that focusing their limited resources on a few areas where they have core competence, and contracting out the rest of the activities to their outsourcing partners can lead to better efficiency and effectiveness.(ii) Quest for Excellence Outsourcing enables the firms to pursue excellence by virtue of limited focus and also by extending their capabilities through contracting out the remaining activities to those who excel in performing them.(iii) Cost Reduction It has become necessary for firms operating in global markets to maintain quality of products while keeping prices low. Thus, the only way to survival and profitability is cost reduction. The outsourcing partners deliver the same service to a number of organizations and hence benefit from economies of large scale leading to lower cost.(iv) Growth through Alliance Investment requirements are reduced when some activities are outsourced. Outsourcing also facilitates inter organizational knowledge sharing and collaborative learning.(v) Stimulates Economic Development Outsourcing stimulates entrepreneurship, employment and exports in the host countries. e.g., IT sector in India has become undisputed leader as far as global outsourcing in software development and IT-enabled services are concerned having 60 per cent of the global outsourcing share in the informatics sector.But there are certain limitations of outsourcing as given below(i) Confidentiality Outsourcing depends on sharing a lot of vital information and knowledge. If the outsourcing partner does not maintain the confidentiality it can harm the interest of the party that outsources its processes.(ii) Sweat-Shopping Outsourcing firms seek to lower their costs by utilizing the low-cost manpower of the host countries. Moreover, the work that is outsourced is not of the type which may build the competency and capability of the outsourcing partner.(iii) Ethical Concerns In search of cheap labour, manufacturing processes are being outsourced to developing countries where they use child labour/women in the factories and working conditions are unhygienic and even unsafe. This raises ethical concerns.(iv) Resentment in the Home Countries The process of outsourcing manufacturing, marketing, research and development or IT-based services involves contracting out jobs or employment opportunities from the home country which causes resentment particularly if the home country is suffering from the problem of unemployment. | |
| 2642. |
Meaning of FOB ,CFR, CIF....Plzzz answer fast |
| Answer» FOB - Free On Board This term means that the seller delivers when the goods pass the ship\'s rail at the named port of shipment. This means the buyer has to bear all costs & risks to the goods from that point. The seller must clear the goods for export. This term can only be used for sea transport. If the parties do not intend to deliver the goods across the ship\'s rail, the FCA term should be used.CFR - Cost and FreightThis term means the seller delivers when the goods pass the ship\'s rail in the port of shipment. Seller must pay the costs & freight necessary to bring the goods to the named port of destination, BUT the risk of loss or damage, as well as any additional costs due to events occurring after the time of delivery are transferred from seller to buyer. Seller must clear goods for export. This term can only be used for sea transport.CIF - Cost, Insurance, FreightThe seller delivers when the goods pass the ship\'s rail in the port of shipment. Seller must pay the cost & freight necessary to bring goods to named port of destination. Risk of loss & damage same as CFR. Seller also has to procure marine insurance against buyer\'s risk of loss/damage during the carriage. Seller must clear the goods for export. This term can only be used for sea transport. | |
| 2643. |
What prefertial right enjoyed by preference shareholder over equity shareholder explain |
| Answer» They get the interest before equity shareholders<br>They hve voting right | |
| 2644. |
What is the NABARD |
| Answer» National bank for agriculture and rural development | |
| 2645. |
What is buisness ethics |
| Answer» Business ethics are socially derived moral principles on which business runs | |
| 2646. |
What is PPF? Write any three features of PPF |
| Answer» Public provident fund | |
| 2647. |
Answers of sample paper 2 |
| Answer» | |
| 2648. |
I want answers of sample paper 2 |
| Answer» Plz | |
| 2649. |
Principle of indemnity |
| Answer» Indemnity means that insured will be paid only the actual amount of loss and not exceeding the policy.However this is not applicable on the case of life insurance because loss due to death of insured cannot be measured in terms of money and money cannot be substitued as compensation for loss of life | |
| 2650. |
Five features of small scale industry |
| Answer» The features of small scale industries are as follows:\tPersonal character : SSIs enjoy personal character.\tIt is generally owned by a single entrepreneur or partnership.\tSimple managerial structure : It is managed by owners only. Thus, can reap the benefits of direct motivation, secrecy, flexibility, etc.\tLabour incentive techniques : There is pre-dominance of labour. These units use labour incentive techniques of production instead of mechanised methods of production.\t.Local area of operations : The operations of a unit are localised. It depends mainly on local resources but products are exported all over the world.\tSimple technology : The machinery and equipments used for production of goods are operated manually and are not very sophisticated. | |