F.Y B.COM
SEMESTER - 1
STRUCTURE & PROCESS OF BUSINESS
(SPB)
MCQS: OCTOBER 2013
1. If Milk is separated into Curd, Butter, Milk, Chees, Ghee and Milk powderan. This is an example of __________ type of industry.
A. Synthetic
B. Analytical
C. Extractive
D. Genetic
2. Industries can be classified on the basis of __________ & ________ into Heavy & Light Industries.
A. Input, Output
B. Products, workers
C. Size, Investment
D. Size, Customer
3. A business can be best described as a typical __________ with the objective of earning an income.
A. Economic Activity
B. Legal activity
C. Social Activity
D. Human Activity
4. Which among the following are the characteristics of the Business?
1. Employee Motivation
2. Profit Motive
3. Element of Risk
4. Dealing in Goods & Services
A. ii, iii, iv
B. i, iii, iv
C. i, ii, iii
D. i, ii, iv
5. Shampoos, Paints and Cosmetics are examples of _________ type of industry.
A. Synthetic
B. Extractive
C. Assembly-line
D. Analytical
6. __________ is a kind of Business Organization in which the Stockholders transfer their Stock or Shares to the Board of Trustees and receive the Trust Certificates in Exchange.
A. Trust
B. Pool
C. Cartel
D. Corners
7. The Indian Jute Mills Association is an example of _________.
A. Chamber of Commerce
B. Trade Association
C. Trade Union of Employers
D. Informal Agreement
8. __________ is a form of business organization which is established by the outright purchase of the properties of constituent organizations and the merger or amalgamation of such properties into a single business unit.
A. Complete Consolidation
B. Merger
C. Partial Consolidation
D. Amalgamation
9. In the combining units retain their separate entity and identity, but join together in close association for certain specific purposes under an agreement that maintain the association intact as far as possible.
A. Informal Agreements
B. Chambers of Commerce
C. Federations
D. Trade Union
10. The Sugar Syndicate was formed in the year _________.
A. 1932
B. 1947
C. 1935
D. 1937
For more Mcqs in this Subject click here:
OCTOBER 2014
1. Which type of industry creates form utility?
A. Construction
B. Genetic
C. Extractive
D. Manufacturing
2. Oil refinery industry is considered under which category?
A. Analytical
B. Synthetic
C. Processing
D. Assembly line
3. _________ are the devices for artificial shooting up of prices to exploit speculative and monopoly profits.
A Corners and rings
B. Cartels
C. Pools
D. None of the above
4. _________ is a form of business organization which is created for the purpose of combining other corporations by owning and controlling amount of their stock.
A. Holding company
B. Merger
C. Cartel
D. Pools
5. The industries which include the activities where by the various forms of wealth are drawn out and raised from the nature is known as
A. Tertiary Industries
B. Manufacturing Industries
C. Construction industry
D. Extractive Industries
6. When one business unit is completely absorbed by the another business, it is known as _________.
A. Merger
B. Joint Stock Company
C. Amalgamation
D. Consolidation
7. The industries which engage in reproducing and multiplying certain species of plants and animals with the object of earning profit from their sale are _________.
A. Extractive industries
B. Constructive industries
C. Genetic industries
D. Manufacturing industries
8. A combination of four steel mills doing similar business belongs to the category of _________ combinations.
A. Horizontal
B. Vertical
C. Diagonal
D. Circular
9. If a sugar mill combines with a steel works and cement factory, it will be an example of
A. Mixed combination
B. Service combination
C. Industry combination
D. Allied combination
10. It is the _________ obligation of business enterprise not to indulge in malpractices as blacktmarketing.
A. Social
B. Human
C. Moral
D. Institutional
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