Commerce
Question : Comprehension: In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank. Ancient coins are a fascinating (1)________ into the past, providing insight into the culture, economy, and politics of ancient civilizations. Coins were first invented in the 7th century BCE, and the use of coins spread rapidly throughout the ancient world, and many civilizations minted their own unique coins with (2)________ designs and symbols. One of the most significant aspects of ancient coins is the information they provide. Coins often bear the images and inscriptions of rulers, which can provide clues about their (3)________ and the values they held. They can also reveal information about trade and commerce, as well as the materials and technology used in coin minting. The craftsmanship and attention to detail in these coins are a (4)_________ to the skill and creativity of ancient artists. While many ancient coins are now rare and valuable collector's items, they were once a common form of currency used in everyday transactions. Their ubiquity and durability have allowed them to survive for centuries, providing a window into the past for future generations to explore and (5)________. Select the most appropriate option to fill in the blank 3.
Option 1: nature
Option 2: reign
Option 3: performance
Option 4: inactivity
Correct Answer: reign
Solution : The correct choice is the second option.
Reign refers to the period during which a ruler rules. In this context, the inscriptions and images of rulers on ancient coins provide clues about their reigns, shedding light on their leadership and the values they upheld.
Question : Directions: In the following question, a sentence is given with a blank that is to be filled in with an appropriate word. Four alternatives are suggested; choose the correct alternative out of them as your answer.
The battalion operating from the mountain was able to ______ three enemy divisions.
Option 1: tie up
Option 2: tie down
Option 3: tie on
Option 4: tie with
Correct Answer: tie down
In military terms, tie down means to restrict the movement or activities of the enemy, to keep them occupied or engaged in a particular area. In the given sentence, if the battalion operating from the mountain was
Question : Case Study 14:
ABC Ltd. is a startup in the e-commerce industry looking to expand its product offerings.
Question :
To raise short-term funds for marketing its expanded product range, which money market instrument might ABC Ltd. use?
Option 1: Debenture
Option 2: Call money
Option 3: Corporate bond
Option 4: Equity share
Correct Answer: Call money
Solution : The correct answer is (b) Call money
To raise short-term funds for marketing its expanded product range, ABC Ltd. might consider using call money. Call money is a short-term finance option borrowed or lent in the interbank market for very short durations, usually overnight.
Question : Who among the following is the President of the apex industry body ASSOCHAM (The Associated Chambers of Commerce and Industry of India) as of December 2020?
Option 1: J. K. Mittal
Option 2: Niranjan Hiranandani
Option 3: Uday Shankar
Option 4: Vineet Agarwal
Correct Answer: Vineet Agarwal
Solution : The correct option is Vineet Agarwal.
As of 2020, Vineet Agarwal held the position of the President of the apex industry body ASSOCHAM (The Associated Chambers of Commerce and Industry of India). Vineet Agarwal replaced Niranjan Hiranandani, Co-Founder and Managing Director, of the
Question : The Minimum Support Price (MSP) for agricultural produce in India is announced by which organization?
Option 1: Reserve Bank of India (RBI)
Option 2: Ministry of Agriculture
Option 3: Food Corporation of India (FCI)
Option 4: Ministry of Commerce and Industry
Correct Answer: Ministry of Agriculture
Solution : The correct answer is (b) Ministry of Agriculture.
The Ministry of Agriculture, under the Government of India, is responsible for formulating and implementing policies and programs related to agriculture, including the determination of Minimum Support Prices.
The Minimum Support Price (MSP) is the
Question : Assertion: The consumer protection act 2019 is only applicable on e-commerce firms.
Reason: The consumer protection act 2019 extends to the whole of India.
Option 1: Both the assertion and the reason are correct, and the reason is the correct explanation of the assertion.
Option 2: Both the assertion and the reason are correct, but the reason is not the correct explanation of the assertion.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Correct Answer: The assertion is incorrect, but the reason is correct.
Solution : The correct answer is The correct answer is (d) The assertion is incorrect, but the reason is correct.
The assertion is incorrect. The Consumer Protection Act, 2019, is not limited to e-commerce firms. It is a comprehensive
Question : Select the most appropriate option to fill in the blank.
He has experienced __________ abuse.
Option 1: palpable
Option 2: visible
Option 3: physical
Option 4: intangible
Correct Answer: physical
Solution : The correct choice is the third option.
In the context of experiencing abuse, the most appropriate word to use would be physical. This implies that the abuse involves actual bodily harm or injury, aligning with the idea that there was physical harm involved in
Question : The Foreign Trade Policy of India is formulated by which organization?
Option 2: Ministry of Commerce and Industry
Option 3: Ministry of Finance
Option 4: Department of Industrial Policy and Promotion (DIPP)
Correct Answer: Ministry of Commerce and Industry
Solution : The correct answer is (b) Ministry of Commerce and Industry.
The Ministry of Commerce and Industry is responsible for formulating and implementing the foreign trade policy of India. The ministry plays a crucial role in shaping the country's trade and commerce
Question : A city primarily serving as a gateway for international trade and commerce would be classified as a:
Option 1: Trade city
Option 2: Industrial city
Option 3: University town
Option 4: Heritage city
Correct Answer: Trade city
Solution : Correct Option: Option 1 Explanation: A trade city is an urban settlement that serves as a gateway for international trade and commerce, often hosting major ports, trade centers, and commercial activities.
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