Tag: fundamentals of business activities

Questions Related to fundamentals of business activities

Every business organization needs a secretary having a knowledge of recording ____________ transactions.

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. financial

  2. private

  3. illegal

  4. none of these

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Correct Option: A
Explanation:

Every business organisation needs a secretary having a knowledge of recording financial transaction as financial transaction are the main part of any organisation.

In Ancient Indian History, the person doing secretarial work was known as _________.

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. Scribae

  2. Amatya

  3. Secretaries

  4. None of these

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Correct Option: B
Explanation:

In ancient Indian literature and historical documents the words like 'Amatya', 'Sachiva', and 'Chitnis' were used for a secretary. Originally, the term 'secretary' was mainly related with the person who does writing work for his master.

A type of secretary appointed by an institution is called institutional secretary.

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. True

  2. False

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Correct Option: A
Explanation:

True, institutional secretary is a type of secretary which takes charges of the administration of the whole institution and helps the management in regard to the decision making for the institution.

"A secretary is an indispensable person in the office."

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. True

  2. False

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Correct Option: A
Explanation:

True , a secretary is an indispensable person in the office as he plays an essential part in the business administration and helps the management.

A personal secretary means a stenographer. 

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. True

  2. False

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Correct Option: B
Explanation:
(i) A personal secretary is one who is employed by a busy person to look after his private and personal work. 
(ii) A personal secretary is also known as a private secretary or a personal assistant 
(iii) Busy persons like industrialists, professionals, politicians, social workers, lawyers and top executives of companies and government departments need personal secretaries for performing their routine administrative duties.
(iv) A stenographer simply takes dictation from his employer/ boss and types the dictation taken. 
(v) Whereas, the knowledge of stenography is not essential fora personal secretary. 
(vi) A stenographer is given limited duties and responsibilities. 
(vii) A stenographer is not given authority to sign letters and documents on behalf of his employer. 
(viii) A stenographer is not entrusted with confidential matters. 
(ix) Hence, it cannot be said that a personal secretary means a stenographer. 

A personal secretary is also called a ______.

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. Stenographer

  2. Personal Assistant (P.A.)

  3. Boss

  4. None of these

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Correct Option: B
Explanation:

A personal secretary is also known as personal assistant and their main duty is to follow the orders of their ultimate superior and perform according to the standards set by their superiors. 

A secretary is the custodian of ______ information. 

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. confidential

  2. government

  3. financial

  4. share holders

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Correct Option: A
Explanation:

A secretary is a custodian of secret, confidential and important information of his organization. Since he is closely connected with a top management, he participates in the decision making, policy framing, planning etc. All such important decisions regarding business activities are required to be maintained at top confidential. A secretary keeps all such confidential decisions and executes them at a right time

The primary qualification required for a secretary of a government department is _____ . 

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. Bachelor Degree

  2. Master Degree

  3. I.A.S

  4. I.E.S.

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Correct Option: C
Explanation:

The primary qualification required for a secretary of a government department is I.A.S. ( Indian Administrative Service).

Personal secretary must be an individual. 

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. True

  2. False

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Correct Option: A
Explanation:
(i) A personal secretary is an individual who is appointed by busy persons like industrialists business men or professionals to conduct their correspondence and do their personal work 
(ii) Professionals like doctors, lawyers, engineers, chartered accountants or actors, minister appoint personal secretary due to their busy schedules in order to do their routine work. 
(iii) Therefore personal secretary is appointed by people who have to devote their time an energy to discharge more important and challenging duties. 
(iv) A personal secretary is also called personal assistant or private secretary.
(v) He is entrusted with confidential matters and his duties vary in nature. 
(vi) An individual only can perform all such wont of a personal secretary. 

A secretary of Government departments of the state is appointed by the ______ . 

elements of business fundamentals of business activities characteristics of vocational activities basis of classification of business activities classification of business

  1. Chief Minister of that State

  2. Governor

  3. Prime Minister

  4. President

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Correct Option: A