Commerce MCQS with Answers for NTS Set 1

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Commerce MCQS with Answers for NTS


In public limited company the minimum number of shareholders are
20
10
2
7

Partnership is formed under Partnership act:
1940
1913
1932
1984

Maximum number of shareholders in private company is
20
10
100
50

It is required necessary for international trade
Agency letter
Circular letter
Letter of debit
Letter of credit

In order to obtain loan from the public company issuses
Dividend
Debentures
All of these
Shares

Wholesaler purchases
Small quantities
Suitable quantities
Bulk quantities
No buying and selling

Tell about like and dislike of
Trader
Retailer
Wholesaler
Mill owner

The persons who take part in the formation of the joint stock company are called
Debenture holders
Promoters
Directors
Shareholders

The important function of an office is
To sell the goods
To improve the efficiency of the management
To provide information
To purchase the goods

Co-operative society is formed under Act
1935
1925
1932
1984

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