Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The sale of second hand securities is done in which market
Building society
cooperative society
stock exchange
capital market
Correct answer is C
A stock exchange, securities exchange or bourse, is a facility where stock brokers and traders can buy and sell securities, such as shares of stock and bonds and other financial instruments
Stock exchange is an organized and regulated financial market where securities (bonds, notes, shares) are bought and sold
One of the major disadvantages of pipeline transportation is its
High maintenance cost
High cost of construction
Limitation in scope
Vulnerability to climate changes
Correct answer is C
Pipeline transportation is one of the modes of transport that involves the use of hollow pipes in the transportation of water, crude oil, (petroleum), bio-fuels, and gas. This mode of transportation is safer and cheaper than using tankers or trailers in the transportation of these liquids
The major disadvantage with this mode of transportation is that it is not flexible, i.e., it can be used only for a few fixed points.
In a public limited liability company, planning is carried out by
Employees
The chairman of the board
Shareholders
Manufacturer’s warehouse
Correct answer is C
In a publicly traded company, people who choose to buy stock in the company become shareholders and gain partial ownership of the company. Shareholders collectively elect executive board members who make high-level decisions about the direction of the company
Shareholders are the major stake holders of the company
The two main categories under which marine losses fall into are
Total loss and partial loss
Voyage policy loss and time policy loss
Particular loss and average loss
Actual loss and general loss
Correct answer is A
the two main types of marine loss are total and partial loss
2 Types of Marine Losses are Total Loss and Partial Loss
A debenture holder is entitled to
Dividend
Interest
commission
Profit
Correct answer is B
a debenture is defined as a certificate of agreement of loans which is given under the company's stamp and carries an undertaking that the debenture holder will get a fixed return (fixed on the basis of interest rates) and the principal amount whenever the debenture matures.
The interest is calculated on the face value of the debentures. This interest amount is paid periodically, generally yearly or half-yearly. The interest is a charge against the profit of the company.