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.
| 2651. |
What is a super bazar |
| Answer» that place of business which is better and bigger than the ordinary business places and which has some characteristics of its own. these are mainly found in big cities. | |
| 2652. |
explanation of ch formation of a company |
| Answer» From the time the idea of forming a company is first conceived to the time the company is actually formed and incorporated and commences business, there are four distinct stages, namely:(a) Promotion;(b) Incorporation;(c) Capital Subscription; and(d) Commencement of Business.A private company can commence business immediately after incorporation. That means, only the first two stages are relevant for a private company. | |
| 2653. |
functions of Representative Professional Association (RPAs )with full explanation |
| Answer» Key responsibilities include:1.organising appointments and meetings with community- and hospital-based healthcare staff2.identifying and establishing new businessnegotiating contracts3.demonstrating or presenting products to healthcare staff including doctors, nurses and pharmacists4.undertaking relevant research5.meeting both the business and scientific needs of healthcare professionals6.maintaining detailed recordsattending and organising trade exhibitions, conferences and meetings7.managing budgets8.reviewing sales performancewriting reports and other documents | |
| 2654. |
Chambers of commerce |
| Answer» A chamber of commerce (or board of trade) is a form of business network, for example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a President, CEO or Executive Director, plus staffing appropriate to size, to run the organization. | |
| 2655. |
Please explain artical of association |
| Answer» AOA is the second document of company in which rules are mentioned to attain predetermined limits of the company | |
| 2656. |
What is the six element of source of business finance |
| Answer» The elements1.A foundation made up of the core finance systems2.Insightful data that can be analysed as needed3.An excellent understanding of the business4.Outstanding Influencing Skills5.A supportive attitude6.Responding Resourcefully | |
| 2657. |
What us outsourcing and its features |
| Answer» | |
| 2658. |
Difference between E-commerce and E-business? |
| Answer» Business· Some people agreed that when business is completely carried through an electronic medium, then it can be referenced as E-Business. There is no need for an E-Business to has a physical presence in the market. If a company owns an office, and along with physical presence carries out their business activities via the internet, then it can be referred as E-Commerce.· E-Commerce includes any kind of business transaction which related to money, but E-Business includes monetary and allied activities.· E-Commerce needs the internet to be able to connect with the rest of the world. E-Business can use more than that. Other than the internet, it also can take advantages of intranet and extranet to be able to connect with the parties. | |
| 2659. |
In 11th annual exam who have 12th portions? |
| Answer» | |
| 2660. |
What do you mean by dual gst and start up rate |
| Answer» 9868567571 | |
| 2661. |
Three arguments on wto |
| Answer» | |
| 2662. |
Which type of organisation has a disadvantage namely "no benefit to poor people"? |
| Answer» Where is the answer<br>Ans | |
| 2663. |
Knowledge process outsourcing (kpo) |
| Answer» KPO is a firm of outsourcing in which knowledge related and information-related work is called out by the workers in a different company or by a subsidiary of the same organisation which may be in the same country or in an offshore location to save cost.<br>It refers to obtaining high end knowledge work from outside the organisation in order to run the business sucessfully and in cost effective manner. It provides non core activities. | |
| 2664. |
Name the document which defines the power,objective and scope of a company. |
| Answer» Here are the details of the forms:Table A: Form for the memorandum of association of a company limited by shares.Table B: Form for the memorandum of association of a company limited by guarantee and not having a share capital.Table C: Form for the memorandum of association of a company limited by guarantee and having a share capital.Table D: Form for the memorandum of association of an unlimited company.Table E: Form for the memorandum of association of an unlimited company and having share capital.Content of the MOAThe following information is mandatory in an MOA:Name ClauseFor a public limited company, the name of the company must have the word ‘Limited’ as the last wordFor the private limited company, the name of the company must have the words ‘Private Limited’ as the last words.This is not applicable to companies formed under Section 8 of the Act who must include one of the following words, as applicable:FoundationForumAssociationFederationChambersConfederationCouncilElectoral Trust, etc.<br>Moa | |
| 2665. |
What is pre-incorporation contract |
| Answer» A pre-incorporation agreement is entered into by the corporate promoters, who form the company by filing its Articles of Incorporation. Since the corporation has not been formed yet, it cannot be a party to the agreement. If the corporation is not formed or if it fails to adopt the agreement, the promoters can be held personally liable for any breach of the agreement. | |
| 2666. |
Plz send answer of sample paper 3 bst class 11 |
| Answer» How can it be shared here | |
| 2667. |
Can u provide case studies from chapter 6 to 10 |
| Answer» | |
| 2668. |
How can i achieve more than 50 marks |
| Answer» by reading case studies of all chapter | |
| 2669. |
What is indigenous banking system |
| Answer» Indigenous bankers are private firms or individuals who operate as banks and as such both receive deposits and give loans. Like banks, they are also financial intermediaries. They should be distinguished h professional moneylenders whose primary business is not banking but money lending.A pure moneylender lends his own funds an indigenous banker raises a part of his loanable funds from the public in deposits or other forms. A moneylender conducts his transactions in cash, while a large pan of die transactions of an indigenous banker are based on dealings in short term credit instru\xadments like hundis and commercial bills. | |
| 2670. |
Discuss in detail the procedure involved in information of a company. |
| Answer» PromotionIncorporationCapital subscription stageCommencement of business | |
| 2671. |
State the need for registration of a partnership firm. |
| Answer» If a company is not registered he can not sue his partnerThird person can sue file against the company | |
| 2672. |
Define goods and services . shortly |
| Answer» Services are intangible i.e., cannot be seen and touched but can only be experienced<br>Goods are tangible | |
| 2673. |
Explain the steps or process involved in online transaction |
| Answer» | |
| 2674. |
Limitations of BPO |
| Answer» The following are the limitations of BPO:1.Confidentiality (Privacy): The parent company needs to share its secrets with the Outsourcing company. This causes harm to the privacy of the firm. This may eventually result in a new business being started up by the outsourcing company which will be competitive for the parent company!2. Sweat Shopping: The employees in an outsourcing company are required to do simple routine work that needs doing skill only. Thus,it becomes difficult for tye employees to upgrade their knowledge at their work!3. Protest in Home Country: Outsourcing means transferring the employment opportunities to the other firm which might belong to some othet nation. This decline in opportunities can cause protest in the home country!4. Ethical Concerns: People generally outsource their job to avail the opportunity of low wage payment & capital acquirement in other nations. This definitely is favourable for the parent firm but motivates unethical concerns like Low-Wage Payment & Child Labour etc. | |
| 2675. |
What is tha business |
| Answer» Business is an economic activity which is conducted on regular basis with the motive of earning profit.<br>Business | |
| 2676. |
How to do business studies in 6 days ?? For final exam? |
| Answer» Just go to the last 2- 3 yrs sample papers firstly solve them with the help of books then secondly try to solve them on your own .<br>Bt how remember for long time?<br>It\'s enough time for studying whole book. | |
| 2677. |
Ncert solution of chapter international business |
| Answer» Available in this app | |
| 2678. |
What is insurer and insured |
| Answer» An\xa0Insured\xa0is a person who is the buyer of the insurance policy. An insured is the proposer of the policy who pays premium as the consideration to the insurance company. Insured purchases the insurance policies to safeguard the assets from the financial consequences of losses or damage that occur from insured perilAn\xa0Insurer\xa0is a company who sells the insurance policies. Insurer is the one who bears the risk in return for considration which is known as premium. Insurer agrees to pay to the insured a certain sum of money if the insured peril occurs so that it is possible to continue the benefitsInsured pays the premium to the insurerInsurer pays the claim to the insured<hr />For example:A purchases insurance from Z insurance company.So here,A - insuredZ - insurerA will pay premium to ZZ will pay claim to A | |
| 2679. |
define karta and its perpectual secsection |
| Answer» This business is controlled and managed by the senior most male member of the family who is called KARTA. PREPECTUAL SECSECRION-- this buisness continues after the death of the karta . The next senior most male member if family becomes the karta and carries on the work . | |
| 2680. |
What is BPO in simple words? |
| Answer» Business process outsourcing is distributed business task to outside agencies or firm which wasting time for the business enterprise.<br>It is buisness task which one got from forgein agencies . They give employment to the people in small jobes and they themselves concentrate on critical issues | |
| 2681. |
State the meaning of hundi |
| Answer» A Hundi is a financial instrument that developed in Medieval India for use in trade and credit transactions | |
| 2682. |
Which type of Organisation has a disadvantage namely \'No benefit to poor people\'? |
| Answer» | |
| 2683. |
Explain briefly any three characteristics of business? |
| Answer» : (i) an economic activity. (ii) production or procurement of goods and services.(iii) sale or exchange of goods and services for the satisfaction of human needs.(iv) dealings in goods and services on a regular basis.(v) profit earning.(vi) uncertainty of return.(vii) element of risk. | |
| 2684. |
What is import procedure |
| Answer» mport procedure :\tObtaining I.E.C. No. : Before starting the import procedure, the importer has to obtain an I.E.C. (Import-Export Code) number. This number is used in filling the formalities of import procedure, To get this number, the importer has to apply to 1 the regional Import-Export Licensing Authority in the prescribed form.\tObtaining Registration Cum Membership Certificate (RCMC): Importers get various benefits in the form of subsidies and exemption in excise duty, tax, etc. To get these benefits, they have to show RCMC. After getting the I.E.C. number, the importer applies for RCMC. The RCMC is issued by:\t(i) Import Promotion Council.\t(ii) Federation of Indian Import Organisation.\t(iii) Import Development Authority, etc.\tAlong with the application, the importer has to submit a bank certificate and IEC number. If the authority is satisfied, then they will issue RCMC.\tOpening a letter of credit: better of credit is issued by the importer’s bank in favour of the exporter. In this letter, the bank undertakes guarantee for making payment on behalf of the importer. The importer approaches his bank and instructs the j bank to issue a letter of credit in favour of the exporter. The importer also instructs the bank about the documents to be collected from exporter before making payment.\tArrival of goods : Goods are shipped by the exporter as per the specifications of the importer. When goods reach the importer’s country, the captain of the ship informs the dock officer and instructs him to receive the goods and record the details about the goods on the document called\t’ import general manifest. This document gives details of about imported goods.\tInforming importer : After the arrival of goods, the dock authorities inform the importer about the arrival of goods. The importer prepares a document called bill of entry which contains details about the imported goods and submits this document to the customs officer to get customs clearance.\tCustoms clearance : The customs officer examines the bill of entry carefully and assesses the custom duty to be paid by the importer and after assessing the duty amount, the bill of entry is given to the appraiser officer who verifies the details given in the bill. If the appraiser officer is satisfied with the information given in bill of entry, then he returns the bill to the importer for making payment of custom duty | |
| 2685. |
What is world trade organisation. |
| Answer» World Trade Organisation (WTO) The world trade organisation is the only global international organisation which deals with the rules and regulations of trade between different nations. | |
| 2686. |
Solution of paper 2015 setA |
| Answer» | |
| 2687. |
What is the full from of Eand OE |
| Answer» Error and Omission excepted | |
| 2688. |
What is ppp |
| Answer» Public-Private Partnership(ppp) It refers to the involvement of private sector in the Govt, projects aimed at public benefit in the form of management expertise and monetary contribution.The following are the main features of PPP :PPPs are related to high priority Govt, planned projects.(2)PPP’s main objective is to combine the skills, expertise and experience of both public and private sectors to deliver high quality services.(3)PPPs divide the risk between public and private sector.\t(4)The Govt, remains accountable for the quality and costs of the services.\t(5)PPPs are used in the Govt, projects aimed at public benefit.(6)PPPs projects lead to faster implementation and reduced life cycle. | |
| 2689. |
What is outsourceing |
| Answer» | |
| 2690. |
Explain the Hindu undivided fimily export and import |
| Answer» | |
| 2691. |
How is saving account different from Recurring account |
| Answer» \tFeaturesSavings AccountFixed DepositsRecurring DepositRate of InterestThe rate of interest is not fixed. It varies with the market.=Rate of interest is fixed. Generally it is rate varies from 6.96% to 8%Rate is fixed. It varies from 5.25% to 7.90% per yearDeposit AmountNo limit on the deposit amountThe money you deposit is fixed and you get interest on that particular amountA particular amount is deposited monthly for a particular period of timeTenureNo tenure.The tenor period is always fixedThe tenor period is fixedWithdrawalNo withdrawal limit.Withdrawal on maturityWithdrawal on maturityTax BenefitYou can not avail any tax benefit for savings account.Tax exemption is available for FDs under the section 80 of income taxIncome tax will not be deducted for interest earned up to INR 10,000Loan against the AccountNot availableAvailableNot available\t | |
| 2692. |
Name any two itinerant retailers |
| Answer» \xa0Itinerant retailers are as :1. Paddlers and hawkers : Paddlers and hawkers are probably amongst the oldest form of retailers in the market place who have not lost their utility even during the modern days. They are small producers or petty traders who carry the products on a bicycle, a hand cart, and move from place to place to sell their merchandise at the door-steps of the customers. They generally deal in non-standardized and low-value products such as toys, vegetables and fruits, fabrics etc. They are also found in streets of residential areas, place of exhibitions or meals, and outside the schools, during the lunch break.2. Market Traders : Market traders are the small retails who open their shops at different places on fixed days or dates, such as every Saturday or alternate Saturdays, and so on. These trades may be dealing in one particular line of merchandise, say bricks or ready made garments, toys or crockery, or alternatively, they may be general merchants. They are mainly catering to lower-income groups of customers and deal in low-priced consumer items of daily use.3. Street traders (Pavement Vendors) : Street traders are the small retailers who are commonly found at places where huge floating population gathers, for example, near railways stations and bus stands, and sell consumer items of common use, such as stationary items, eatables, ready-made garments, newspapers and magazines.4. Cheap jacks : Cheap jacks are such petty retailers who have independent shops of a temporary nature in a business locality. They keep on changing their business from one locality to another, depending upon the potentiality of the area. However, the change of place is not as frequent as in the case of hawkers or market traders. They also deal in consumer items and provide service to consumer in terms of making the products available where needed. | |
| 2693. |
Explain the term of minimum subscription |
| Answer» Means less than demand | |
| 2694. |
What do you mean by genetic industry |
| Answer» Genetic Industry: The word ‘genetic’ means parentage or hereditary. Genetic industries are concerned mainly with producing - breeding or multiplying of certain species of plants or animals with the object of earning profits from their sale. Examples of these types are nurseries, forestry, cattle breeding and commercial kennels. Animal husbandry is one type of Genetic Industry. | |
| 2695. |
Most important document of export |
| Answer» | |
| 2696. |
Explain the concept of auxiliary to trade. |
| Answer» Auxilliary to trade are those trade in which business Facilties is warehousing,transportation,insurance,banking and advertisement | |
| 2697. |
State three utility of departmental undertaking |
| Answer» | |
| 2698. |
How life insurance sticker from the other types of insurance |
| Answer» | |
| 2699. |
How life insurance differ from other type of insurance. state? |
| Answer» <th>Life Insurance</th> <th>General Insurance</th> \t\t\tLife insurance can be understood as the insurance contract, in which the life risk of an individual is covered.General insurance refers to the insurance, which are not covered under life insurance and includes various types of insurance, i.e. fire, marine, motor, etc.It is a form of investment.It is a contract of indemnity.Long termShort termInsurable amount is paid, either on the occurrence of the event, or on maturity.Loss is reimbursed, or liability incurred will be repaid on the occurrence of uncertain event.Premium has to be paid over the years.Premium should be paid in lump sum.Must be present at the time of contract.Must be present, both at the time of contract and at the time of loss.It can be done for any value based on the premium the policy holder willing to pay.The amount payable under non-life insurance is confined to the actual loss suffered or liability uncured, irrespective of the policy amount.Life insurance place has a component in savings.General insurance has no such savings componen\t | |
| 2700. |
What is outsourcing of services. explain the types of outsourcing of service? |
| Answer» Outsourcing is hitherto another trend that is fundamentally reshaping business. It refers to a long-term contract generally, the non-core. Recently, even some of the core activities are outsourced to a third party specialists with a view to benefit from their experience, speciality, efficiency and, also investment, this phenomenon has undoubtedly become global. | |