Test: Social Responsibilities Of Business And Business Ethics - 3


10 Questions MCQ Test Business Studies (BST) Class 11 | Test: Social Responsibilities Of Business And Business Ethics - 3


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This mock test of Test: Social Responsibilities Of Business And Business Ethics - 3 for Commerce helps you for every Commerce entrance exam. This contains 10 Multiple Choice Questions for Commerce Test: Social Responsibilities Of Business And Business Ethics - 3 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Social Responsibilities Of Business And Business Ethics - 3 quiz give you a good mix of easy questions and tough questions. Commerce students definitely take this Test: Social Responsibilities Of Business And Business Ethics - 3 exercise for a better result in the exam. You can find other Test: Social Responsibilities Of Business And Business Ethics - 3 extra questions, long questions & short questions for Commerce on EduRev as well by searching above.
QUESTION: 1

Public deposits are the deposits that are directly raised from

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QUESTION: 2

Business people have the skill to involve

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QUESTION: 3

ADRs are issued in

Solution:

The abbreviation ADRs stands for American Depository Receipts. They are receipts of companies based in the US and are traded like only other securities. However, such trading is restricted to the market of Us only. They can be sold only to American citizens. 

QUESTION: 4

Social responsibility is

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QUESTION: 5

Equity share capital represents______of the company.

Solution:

Permanent Capital: The equity share capital represents permanent capital of the company. There is no obligation on the part of the company to pay the capital during the life time of the company. The equity shares are irredeemable. The shareholders may get their funds back on the winding up of the company.

QUESTION: 6

The term redeemable is used for

Solution:

Commercial paper is an unsecured promissory note issued by a firm to raise funds for a short period, varying from 90 days to 364 days after which it has to be redeemed..

QUESTION: 7

Equity shareholders are called 

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QUESTION: 8

Which of the following can explain the need for pollution control?

Solution:

An effective pollution control management system will always lead to cost saving because an improper system
results into greater waste and higher cost for waste disposal.
Due to good pollution control management system there will be less pollution which will help in improving the environment quality hence reducing health hazards.
Having a proper functioning pollution control system will reduce the risk of any legal action against the business therefore keeping the business out  of any liability.

QUESTION: 9

Funds required for purchasing current assets are known as

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QUESTION: 10

Trade credit is an example of

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