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101.

Which Is Called A Barometer Of Financial Health Of A Country?

Answer»

Stock-Exchange

Stock-Exchange

102.

What Is A By-product?

Answer»

A COMMONLY which can be sold, produced in the process of MANUFACTURING the MAIN product.

A commonly which can be sold, produced in the process of manufacturing the main product.

103.

What Is Wage?

Answer»

It is the REMUNERATION PAID to the operative staff WHOE output can be DIRECTLY in an YEAR

It is the remuneration paid to the operative staff whoe output can be directly in an year

104.

What Is Gross National Product (g.n.p)?

Answer»

It is the TOTAL value of all goods and SERVICES that are PRODUCED by the PEOPLE of a specified COUNTRY in an year

It is the total value of all goods and services that are produced by the people of a specified country in an year

105.

What Is Vital Statistics?

Answer»

It is the statistics CONCERNED with births, DEATHS, AGES, HEALTH, marriages, diseases etc…

It is the statistics concerned with births, deaths, ages, health, marriages, diseases etc…

106.

What Is Value Added Tax(v.a.t.)?

Answer»

The PRINCIPLE of V.A.T. is that tax is levied at each stage of the PRODUCTION of goods or SERVICES and on the value added at each stage of the production

The principle of V.A.T. is that tax is levied at each stage of the production of goods or services and on the value added at each stage of the production

107.

What Is Tap?

Answer»

A large QUANTITY of securities held by some one who is able to SELL to any one who WANTS to BUY is CALLED a tap.

A large quantity of securities held by some one who is able to sell to any one who wants to buy is called a tap.

108.

What Is Stock Market?

Answer»

An organized market for securities. Also called a ‘stock EXCHANGE

The TANGIBLE resources of a PERSON or organization, including cash, machinery, land, building, raw material etc. are called capital

An organized market for securities. Also called a ‘stock exchange’

The tangible resources of a person or organization, including cash, machinery, land, building, raw material etc. are called capital

109.

Name The Brand Mark Which Has Legal Restrictions?

Answer»

Trademark

Trademark

110.

What Is Liquid Asset?

Answer»

The asset of the business which comprises cash or ITEM which can easily and QUICKLY be converted into cash within a PERIOD of one YEAR

The asset of the business which comprises cash or item which can easily and quickly be converted into cash within a period of one year

111.

Who Is A Floor Trader?

Answer»

A person, USUALLY a member of the stock exchange entitled to trade on the FLOOR of that exchange is CALLED floor TRADER

A person, usually a member of the stock exchange entitled to trade on the floor of that exchange is called floor Trader

112.

What Is Debit?

Answer»

It is the term using in DOUBLE entry BOOK keeping for an entry MADE on the left-hand SIDE of an ACCOUNT

It is the term using in double entry book keeping for an entry made on the left-hand side of an account

113.

When Did The Government Institute The Companies Amendment Act?

Answer»

In FEBRUARY 1963.

In February 1963.

114.

Who Is Sleeping Partner?

Answer»

A partner who contributes CAPITAL but will not take PARTIN business activities is CALLED a SLEEPING partner.

A partner who contributes capital but will not take partin business activities is called a sleeping partner.

115.

What Is A Capital?

Answer»

The tangible resources of a person or organization, including CASH, MACHINERY, land, BUILDING, raw material etc. are CALLED CAPITAL

The tangible resources of a person or organization, including cash, machinery, land, building, raw material etc. are called capital

116.

Who Is Called An Arbitrator?

Answer»

A person chosen by the parties to a DISPUTE to suggest a WAY of SETTLING the dispute

A person chosen by the parties to a dispute to suggest a way of settling the dispute

117.

What Is The Other Name For Creditorship ?

Answer»

SECURITIES DEBENTURES

securities Debentures

118.

What Is Share?

Answer»

A UNIT for RECKONING investors interests in the CONTRIBUTED capital of a company

A unit for reckoning investors interests in the contributed capital of a company

119.

What Is Quoted Price?

Answer»

It is the PRICE of a share COMMODITY as STATED in the OFFICIAL list of the STOCK exchange commodity market.

It is the price of a share commodity as stated in the official list of the stock exchange commodity market.

120.

What Is Guarantor?

Answer»

A person who promises that if a SECOND FAILS to fulfill some OBLIGATION, then he will fulfill it instead or PAY money UPTO a specified limit to compensate for any loss caused by the second person’s failure

A person who promises that if a second fails to fulfill some obligation, then he will fulfill it instead or pay money upto a specified limit to compensate for any loss caused by the second person’s failure

121.

What Is Business?

Answer»

BUSINESS is the sum of activities COMPRISING buying and sellinggoods, MANUFACTURING goods or providing SERVICES inorder to MAKE profit.

Business is the sum of activities comprising buying and sellinggoods, manufacturing goods or providing services inorder to make profit.

122.

What Is An Account?

Answer»

An ACCOUNT is a book-keeping device used in summarizing the increases and DECREASES in each ASSET or EQUITY ITEM

An account is a book-keeping device used in summarizing the increases and decreases in each asset or equity item

123.

What Is Loan?

Answer»

Something lent for the borrower’s TEMPORARY use, especially MONEY lent with conditions about repayment and the payment of INTEREST

Something lent for the borrower’s temporary use, especially money lent with conditions about repayment and the payment of interest

124.

What Is Mortgage?

Answer»

It is a TRANSACTION by which LAND or any other property may be GIVEN as security for repayment of a LOAN

It is a transaction by which land or any other property may be given as security for repayment of a loan

125.

What Is Protocol?

Answer»

The MINUTES or records of a diplomatic conference; especially a NOTE of agreement on a SUBSIDIARY matters which supplements a TREATY.

The minutes or records of a diplomatic conference; especially a note of agreement on a subsidiary matters which supplements a treaty.

126.

What Is Plant Layout?

Answer»

PLANT LAYOUT’ means the arrangement and LOCATION of different departments and of the MACHINERY and equipment within a department

‘Plant layout’ means the arrangement and location of different departments and of the machinery and equipment within a department

127.

What Is Public Sector?

Answer»

128.

What Is The Minimum Number Of Directors In A Public Company?

Answer»

ATLEAST TWO DIRECTORS

Atleast two directors

129.

What Is Audit?

Answer»

An audit MAY be said to be such an examination of BOOKS, accounts and vouchers of a business, whether it is in a proper MANNER for the financial period.

An audit may be said to be such an examination of books, accounts and vouchers of a business, whether it is in a proper manner for the financial period.

130.

What Is A Company?

Answer»

A company is an incorporated association which is an artificial person, having an independent LEGAL entity, with a perpetual succession, a COMMON SEAL, a common capital comprised of transferable shares and carrying LIMITED LIABILITY.

A company is an incorporated association which is an artificial person, having an independent legal entity, with a perpetual succession, a common seal, a common capital comprised of transferable shares and carrying limited liability.

131.

When Did The Commerce Begin To Grow?

Answer»

It is began to grow only after the division of labour and DEVELOPMENT of exchange. Once it started GROWING, it spread its invisible THREAD throughout the length and BREADTH of the world.

It is began to grow only after the division of labour and development of exchange. Once it started growing, it spread its invisible thread throughout the length and breadth of the world.

132.

Which Are The Two Divisions Of Whole Sale?

Answer»

They are IMPORT TRADE and EXPORT trade

They are import trade and export trade

133.

Into How Many Divisions The Home Trade Is Divided?

Answer»

Into TWO they are, WHOLE SALE and RETAIL

Into two they are, Whole sale and retail

134.

The Trade Is Sub Divided Into Two Divisions, Which Are They?

Answer»

HOME TRADE and FOREIGN trade.

Home trade and Foreign trade.

135.

Into How Many Departments Is Commerce Mainly Divided Into? Which Are They?

Answer»

Into TWO.

They are:

Into two.

They are:

136.

What Is Commerce?

Answer»

Commerce refers to and includes all those ACTIVITIES which are NECESSARY to BRING goods and SERVICES from the place of their origin to the place of their consumption.

Commerce refers to and includes all those activities which are necessary to bring goods and services from the place of their origin to the place of their consumption.