List of top Commerce Questions

Arrange the following steps involved in the book building process in the correct order:
(A) Determination of issue price, finalization of basis of allotment, issue of prospectus and allotment of shares
(B) Determination of price and asking for bids along with further revision of bids
(C) Submission of RHP and appointment of syndicate members
(D) Planning an IPO/FPO via Book Building and appointment of Lead book runners

Which of the following tests are often employed to measure advertising effectiveness?
(A) Recognition test
(B) Inquiry test
(C) Reason-why test
(D) Sales test

Which of the following are true statements relating to delivery of goods?
(A) Delivery and payment are concurrent conditions
(B) Delivery may be actual, symbolic or constructive
(C) Delivery may be at any time of the day only
(D) Delivery of wrong quality

In a contract of sale, there is no implied condition as to quality or fitness for any particular purpose of goods supplied. According to which rule, it is the duty of buyer to see and satisfy whether the goods purchased will be suitable for his purpose or not?

Which is the term used for a contract where both the parties to the contract have fulfilled their obligations under the contract?

A square matrix having all the elements above the leading diagonal equal to zero is known as:

Which method of measurement of cyclical variation consists of eliminating seasonal variation and trend, for obtaining the cyclical irregularities?

Which of the following statements are correct?
(A) When a cyclical pattern in data has a period of less than 1 year, the pattern in data is called seasonal variation
(B) When a cyclical pattern has a period more than 1 year, we refer to it as cyclical variation
(C) Seasonality is considered equivalent to forecasting
(D) Cyclical behaviour in business is also termed as business cycle

Which of the following statements is incorrect?

Which type of computer is a large, powerful and expensive one that can support many users at one time, store vast amounts of data, and perform many tasks at the same time?

Arrange the following steps in the process of delegation of authority in the correct order. (A) Assigning tasks to the position
(B) Determining the results expected from a position
(C) Delegating authority for accomplishing the tasks
(D) Holding the person in that position responsible for the accomplishment of tasks

As per the scalar principle, which term is used for the relationship in which a superior exercises direct supervision over a subordinate?

Disbursing organisational authority for making decisions in an organised structure is called:

Arrange the following needs in the order in which they appear in the Maslow's Hierarchy of Needs, starting from bottom to top. (A) Social
(B) Physiological
(C) Esteem
(D) Safety