Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

What are the objectives of SCM?

  1. Greater efficiency at higher cost

  2. Enhance flexibility

  3. Improve customer service

  4. Optimize the value chain


Correct Option: A

UnderĀ ___________ the product reaches the customers from the manufacturers via distributors.

  1. network marketing

  2. direct trade

  3. franchising

  4. none of the above


Correct Option: A

'Intensive distribution method' is referred to ______.

  1. minimum expansion

  2. maximum expansion

  3. minimum contraction

  4. maximum contraction


Correct Option: B

The chief imports of Australia is ________________.

  1. Gold, cotton, iron and rice

  2. Cigarettes, motorcars, cotton clothes, machines and petroleum

  3. Coal, iron and wool

  4. Meat, wheat, silver and woollen clothes


Correct Option: B

The total value of annual export from India comes to about ______________.

  1. Rs. $22,003$ crore

  2. Rs. $32,500$ crore

  3. Rs. $44,000$ crore

  4. Rs. $57,800$ crore


Correct Option: C

Which of the following is not one of the principal commodities exported by India?

  1. jute manufatures

  2. Leather goods

  3. Iron ore

  4. Paper


Correct Option: D

Which of the following is not one of the principal commodities imported by India?

  1. Transport equipment

  2. Medicines and pharmaceutical products

  3. Fertilizers

  4. Tobacco


Correct Option: D

The maximum Statutory Liquidity Ratio to be maintained by banks is_______________:

  1. 25%

  2. 30%

  3. 35%

  4. 40%


Correct Option: D

Select the correct option given below:

Before the statutory meeting the secretary has to draft the _______.

  1. progress report

  2. annual report

  3. statutory report

  4. none of the above


Correct Option: C
Explanation:

Statutory meeting is the first meeting of the shareholders of a public company having a share capital and is held once in the lifetime of a company. The board of directors of a company shall atleast 21 days before the day on which the meeting is held, forward a report which is called as the statutory report to every member of the company. It should be certified as correct by atleast 2 directors.

Food co-operation of India is ________.

  1. a joint stock company

  2. company managed by department

  3. company established by Special Act of Parliament

  4. none of the above


Correct Option: C
Explanation:

Food co-operation of India was set up on 14th January, 1965. It is regulated by the food co-operation act, 1964. Hence, food co-operation of India is company established by special act of parliament.