All Categories MCQs
Topic Notes: All Categories
General Description
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
82461
Which document, once issued, cannot be altered or modified?
Answer:
invoice note
An invoice is a formal commercial document issued by a seller to a buyer relating to a sale transaction. Once issued, it serves as a legal record of the transaction. Altering an invoice after issuance is generally prohibited for audit and tax compliance reasons; instead, corrections are typically handled through separate credit or debit notes to maintain an accurate audit trail.
82462
What pricing strategy is characteristic of goods sold in a chain store?
Answer:
One price
Chain stores operate under a centralized management system that enforces a uniform pricing policy across all retail outlets. This ensures consistency in branding and customer experience, regardless of the geographic location of the specific store.
82463
Which entities are primarily eligible for membership in a Chamber of Commerce?
Answer:
Large industrial and commercial associations
Chambers of Commerce are organizations designed to promote and protect the interests of the business community. Historically, they have been structured to represent large industrial and commercial associations that have the capacity to influence policy and economic development. While modern chambers may include smaller businesses, the primary focus remains on significant entities that drive regional or national economic activity.
82464
In what year were the first modern co-operative societies established?
Answer:
1844
The Rochdale Society of Equitable Pioneers, widely considered the first successful modern co-operative, was founded in 1844 in Rochdale, England. This event established the foundational principles for the global co-operative movement, focusing on member-owned and democratic business structures.
82465
How does the development of national trade address economic challenges?
Answer:
Unemployment
The development of national trade stimulates economic activity, creates new jobs in logistics, manufacturing, and retail sectors, and helps reduce unemployment. While it contributes to overall economic growth, it is most directly linked to job creation rather than solving issues like water scarcity or illiteracy directly.
82466
In which year was the inaugural industrial policy statement officially proposed?
Answer:
1948
The first industrial policy resolution was announced in 1948. This policy set the framework for the development of the industrial sector, defining the roles of the public and private sectors and establishing the foundation for the country's industrial growth strategy in the post-independence era.
82467
What service is the PIN (Postal Index Number) code associated with?
Answer:
Postal services
The PIN code, or Postal Index Number, is a system used by postal administrations to identify specific geographic locations for mail delivery. It ensures that letters and parcels are routed to the correct post office and destination area efficiently. While banking and other sectors use various codes, the term PIN in this specific context refers exclusively to the postal numbering system.
82468
From whom do national wholesale markets primarily procure agricultural products?
Answer:
farmers
National wholesale markets serve as the primary hub for agricultural produce. They aggregate products directly from farmers or agricultural cooperatives to ensure a steady supply chain that can then be distributed to various retailers and secondary markets across the country.
82469
Which government body is responsible for conducting the census in India?
Answer:
Ministry of Home affairs, Government of India
In India, the responsibility for conducting the decennial census lies with the Office of the Registrar General and Census Commissioner, which operates under the Ministry of Home Affairs. This ministry is tasked with the collection, compilation, and publication of demographic data, which is essential for government planning and policy formulation.
82470
Which sector is primarily responsible for facilitating trade activities within an economy?
Answer:
commercial sector
The commercial sector encompasses businesses, financial institutions, and intermediaries that facilitate the exchange of goods and services. While governments provide the regulatory framework, the commercial sector is the active engine that manages the logistics, financing, and distribution necessary for trade to occur.