Tag: organisation of commerce and management

Quizzes (188) Questions (1057)

Questions Related to organisation of commerce and management

Multiple choice organisation of commerce and management marketing mix meaning and objectives of pricing pricing strategies pricing

Under marketing, which of the following is considered as an ethical issue?

  1. Price discrimination

  2. Fraudulent asset valuations

  3. Issues affecting the privacy of the employer

  4. All of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Price discrimination involves charging different prices to different customers for the same product, which is a significant ethical issue in marketing and competition law.

Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

Fund means __________.

  1. Capital

  2. Bond

  3. Assets

  4. Working Capital
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Receivable turnover ratio = Net credits sale/ Average accounts receivable = 10
and average collection period  =360
receivables turnover ratio = 36
Hence a receivable turnover ratio of 10 implies that the credit sales are 10 times the average receivables or in other words receivables are generated 10 times during the year.

Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

The NABARD provides refinancing facilities to _________.

  1. small industries

  2. village industries

  3. cottage industries

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NABARD is entrusted by government for development of rural areas in India. Small industries, village industries and cottage industries are the most prevailing industries in rural parts of India, with limited amount of finances. Hence, The NABARD provides refinancing facilities to such industries.

Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

The depository receipts issued by a company in the USA are known as____________.

  1. Global Depository Receipts

  2. American Depository Receipts

  3. Foreign Currency Convertible Bonds

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
The depository receipts issued by a company in the USA are known as American Depository Receipts. ADRs are bought and sold in American markets like regular stocks. It is similar to Global Depository Reciepts. 
Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

What is the Chief feature of the group banking system?

  1. Centralised management

  2. Decentralised management

  3. Wide network of branches

  4. All the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Each member bank of the group banking system retains its separate entity and maintains its board of directors but however, the group banking system enjoy the benefits of centralized administration. 

Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

Industrial banks are also known as___________.

  1. NABARD

  2. RRB's

  3. Morris bank

  4. EXIM bank
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Just as investment banks, industrial banks sell certificates that are labelled as investment share. This helps public to invest in such bonds and certificates through industrial banks. Hence, Industrial banks are also known as investment banks.

Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

Mixed banking system is found in _________.

  1. India

  2. U.S.A.

  3. Germany

  4. Soviet Russia
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

German banking system is the best example of mixed banking system. German banks perform large variety of functions which includes functions of a commercial bank as well as investment bank. These banks can also be called as universal banks.

Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

Unit Banking system was originated in __________.

  1. USA

  2. England

  3. India

  4. Pakistan
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Unit Banking System refers to a single and usually small banks providing financial services to local people. Such banks do not have any connecting branches. The concept of Unit Banking System was originated in USA.

Multiple choice organisation of commerce and management specialised financial institutions institutional sources long term sources of finance sources of business finance - 2

The reserve bank staff college is located at __________.

  1. Pune

  2. Chennai

  3. Mumbai

  4. New Delhi
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

RBI stands for Reserve Bank of India, RBI commenced with its operations from 1st April 1935. The Reserve Bank Staff college was set up by RBI  for training their existing staff with specified banking skills.