Tag: basis of classification of business activities

Questions Related to basis of classification of business activities

A person who acts as a confidential writer is a _________.

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

  1. worker

  2. secretary

  3. servant

  4. none of these

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Correct Option: B
Explanation:

Secretary means an officer who is generally entrusted with the responsibilities of writing and exchanging letters, maintain documents and performing confidential activities on behalf of someone or any organization.

Secretary is a officer who performs many confidential and important functions for a person or for an organization

In ancient Indian literature, the post of secretary is referred as __________.

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

  1. Sachiva

  2. Scribae

  3. Secretaries

  4. None of these

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Correct Option: A
Explanation:

In ancient Indian literature and historical documents the word 'Sachiva' was used for a secretary.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

A secretary can be a firm or a corporate body.

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) The Oxford Dictionary defines a secretary as a "A person, whose work is to write for others, especially one who is employed to conduct correspondence, keep records and to transact various other businesses for another person or for a society, corporation or a public body. 

(ii) A secretary must be an individual who can write for others. 

(iii) A firm or a corporate body cannot write for others. 

(iv) Hence, a secretary cannot be a firm or a corporate body. 

The word 'Secretary' is derived Latin word _________ which mean confidential writer.

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

  1. Scribae

  2. Secretarius

  3. Amatya

  4. None of these

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Correct Option: B

The State and Central government also have secretary for all departments functioning under the control of ministers in ___________.

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

  1. Stock Exchange

  2. Sachivalaya

  3. Capital Market

  4. None of these

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Correct Option: B
Explanation:

Sachivalaya is responsible for the administration of the government of India. It facilitates smooth transaction of business of ministries of government by ensuring adherence of the rules . It assists in decision making in the government by ensuring inter-ministerial coordination. The state and central government also have secretary for all the departments functioning under the control of ministers in sachivalaya. 

Secretary should have the knowledge of ___________.

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

  1. accountancy

  2. civics

  3. science

  4. none of these

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Correct Option: A
Explanation:

A secretary should  the knowledge of accountancy so as to make sure the correct maintenance of accounts and it also helps in the administration of the organisation. 

In the old Roman empire the secretary was referred to as __________.

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

  1. Scriba

  2. Chitnis

  3. Amatya

  4. None of these

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Correct Option: A
Explanation:

The term secretary is derived from the Latin term 'Secretarius', which means a confidential officer (Writer). In the old Roman Empire a secretary was called 'Scriba', which means professional letter writer.

Duties required to be performed under various laws are ___________.

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

  1. administrative

  2. statutory

  3. co-ordinating

  4. none of these

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Correct Option: B
Explanation:

The duties required to be performed under various laws are called the statutory duties. Statutory duties are those duties which are mentioned in law or statue, the breach of any statutory duty is liable to any criminal penalty imposed by the statue.

The term secretary means a ___________.

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

  1. confidential writer

  2. servant

  3. adviser

  4. none of these

Show answer
Correct Option: A
Explanation:

Secretary means an officer who is generally entrusted with the responsibilities of writing and exchanging letters, maintain documents and performing confidential activities on behalf of someone or any organization.

Secretary is a officer who performs many confidential and important functions for a person or for an organization

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

Show answer
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.