Trade means buying and selling of goods for....................

(a)

Money (Profit)

(b)

Social welfare

(c)

Self-satisfaction

(d)

Risk bearing

Special arrangement must be made for________ of goods to prevent loss or damage.

(a)

transportation

(b)

pricing

(c)

storage

(d)

advertising

Who has the power to convene the meetings of Board of Directors?

(a)

Shareholders

(b)

Board of Directors

(c)

Chairman

(d)

None of these

..........are totally funded by the government and all their income go into the state treasury.

(a)

Public Corporation

(b)

Departmental undertaking

(c)

Government company

(d)

None of these

______ deposits are repayable on demand on any day.

(a)

Demand Deposit

(b)

Time Deposit

(c)

Fixed Deposit

(d)

Savings Deposit

If the Railway receipt is lost, the consignee obtains the goods by ____________

(a)

Paying a Penalty

(b)

Obtaining a duplicate copy

(c)

Executing an indemnity bond

(d)

Report to the police

Ethics is derived form the word 'ethos' from ........................

(a)

French

(b)

Greek

(c)

Latin

(d)

German

________trade deals with the distribution of goods in small quantities to the consumers.

(a)

Retail

(b)

Wholesale

(c)

Home

(d)

Foreign

The profit in a co-operative consumer store is divided in the form of ...............

(a)

dividend

(b)

premium

(c)

bonus

(d)

dividend and bonus

A contract is .....................

(a)

a legal obligation

(b)

an agreement plus a legal obligation

(c)

consensus ad idem

(d)

an agreement plus a legal object