Tag: business organisation and correspondence

Questions Related to business organisation and correspondence

The hindrance of ____ is removed by trade thereby making goods available to the consumers from the producers.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. place

  2. persons

  3. time

  4. knowledge

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Correct Option: B

In industrial production skills of ancient Indian in which of the following have attracted world-wide celebrity?

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Production of delicate woven fabrics

  2. Mixing of colours

  3. Working of metals and precious stones

  4. All of the above

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Correct Option: D

Enayam port is not the first of its kind in Tamil Nadu.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. True

  2. False

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Correct Option: A

______ eliminates the barriers of persons for the smooth flow of goods from producer to consumer.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Advertising

  2. Warehousing

  3. Trade

  4. Insurance

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Correct Option: C
Explanation:

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.

HMRC considers that your company or organisation has not yet become active or started trading if it has not yet engaged in any business activity (business activity means carrying on a trade or profession, or buying and selling goods or services with a view to making a profit or surplus).

_______ removes the hindrance of finance and facilitate the exchange.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Banking

  2. Trade

  3. Insurance

  4. Transport

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Correct Option: A
Explanation:

A financial institution that is licensed to deal with money and its substitutes by accepting time and demand deposits, making loans, and investing in securities. The bank generates profits from the difference in the interest rates charged and paid.

The network of institutions and laws that provide a great variety of financial services. At its most basic, banking involves an institution holding money on behalf of customers that is payable to the customer on demand, either by appearing at the bank for a withdrawal or by writing a check to a third party.

Advertisement and salesmanship remove the hindrance of _____.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. finance

  2. knowledge

  3. sales

  4. time

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Correct Option: B
Explanation:

Advertisement and salesmanship remove the hindrance of knowledge. The lack of knowledge about the goods and their use restrict the exchange of goods. It requires advertising campaigns to make the people aware about the availability and utility of goods.

___________ being situated on the strategic route had many busy entrepots where the maritime terminal helped in docking ships and boats that were used for export and import of goods.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Eastern Indian sea front

  2. Southern Indian sea front

  3. Western Indian sea front

  4. Northern Indian sea front

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Correct Option: C

Insurance removes the hindrance of __________.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. time

  2. finance

  3. threat

  4. person

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Correct Option: C
Explanation:

Hindrance of person refers to the problem of contact between producers and consumers commerce removes. This hindrance is removed by trade. 

Hindrance refers to the problem of distribution of goods at distant places without loss. Commerce removes this hindrance by transportation.

The famous ________ also passed from India and silk was exported to Western countries through Barygaza.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Indus valley

  2. Chinese silk route

  3. Oxo - Caspian

  4. Oxus - Ganges

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Correct Option: B

Capital gearing refers to __________________________.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. The proportion between net interest and non-fixed interest or dividend bearing funds in the capital employed

  2. The proportion between fixed interest or dividend bearing funds and non-fixed interest or dividend bearing funds in the total capital employed in the business

  3. Both (A) and (B)

  4. None of the above

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Correct Option: B