Tag: history of commerce in india

Questions Related to history of commerce in india

Advertisement and salesmanship remove the hindrance of _____.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. finance

  2. knowledge

  3. sales

  4. time

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Correct Option: B
Explanation:

Advertisement and salesmanship remove the hindrance of knowledge. The lack of knowledge about the goods and their use restrict the exchange of goods. It requires advertising campaigns to make the people aware about the availability and utility of goods.

___________ being situated on the strategic route had many busy entrepots where the maritime terminal helped in docking ships and boats that were used for export and import of goods.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Eastern Indian sea front

  2. Southern Indian sea front

  3. Western Indian sea front

  4. Northern Indian sea front

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Correct Option: C

Insurance removes the hindrance of __________.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. time

  2. finance

  3. threat

  4. person

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Correct Option: C
Explanation:

Hindrance of person refers to the problem of contact between producers and consumers commerce removes. This hindrance is removed by trade. 

Hindrance refers to the problem of distribution of goods at distant places without loss. Commerce removes this hindrance by transportation.

The famous ________ also passed from India and silk was exported to Western countries through Barygaza.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Indus valley

  2. Chinese silk route

  3. Oxo - Caspian

  4. Oxus - Ganges

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Correct Option: B

Capital gearing refers to __________________________.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. The proportion between net interest and non-fixed interest or dividend bearing funds in the capital employed

  2. The proportion between fixed interest or dividend bearing funds and non-fixed interest or dividend bearing funds in the total capital employed in the business

  3. Both (A) and (B)

  4. None of the above

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Correct Option: B

Marginal utility theory was originated by _____________.

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Keynes

  2. Marshall

  3. Mayo

  4. Maslow

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Correct Option: B

Which theory is called as 'Veblenian Model'?

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Socio-cultural theory

  2. Psycho-analytic theory

  3. Psychological theory

  4. Economic theories

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Correct Option: A

Which of the following theories are called as 'Learning theories?'

business organisation and correspondence commerce and modern civilization history of commerce in india hindrances of commerce historical background of commerce in the sub-continent

  1. Economic theories

  2. Psychological theories

  3. Psycho-analytic theories

  4. Group theories

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Correct Option: B

The Pandyan kings assembled literary assemblies called as Sangam.

commerce historical background of commerce in the sub-continent commerce and modern civilization history of commerce in india hindrances of commerce

  1. True

  2. False

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Correct Option: A

The capital Madurai and the port city Korkai were the great centres of trade and commerce during the Pandyas reign.

commerce historical background of commerce in the sub-continent commerce and modern civilization history of commerce in india hindrances of commerce

  1. True

  2. False

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Correct Option: A