2016 JULY EMPLOY ABILITY SKILLS) (TWO YEAR TRADES) (MORNING SESSION) SEMESTER-II

JULY 2016 EMPLOY ABILITY SKILLS) (TWO YEAR TRADES) (MORNING SESSION) SEMESTER-II

1.    A commercial document issued by

 a seller to the buyer is called ..............
a)    Liability

b)    Asset

c)    Invoice

d)    Equity

Answer:- c)    Invoice

2. SWOT is primarily, a—.-------                                                                                                                      a)      Planning tool                                                                                                                                                                     
 b)      Marketing tool                                                                                                                                                                 c)      Banking tool                                                                                                                                                                   d)      Insurance tool                                                                                                                                                                                                   Answer:- a)      Planning tool

3. For availing loan facility,

the entrepreneur has to contribute

some money from own resources.

This amount of money is called-----.....

a)       Minimum money

b)       Maximum money

c)       Margin money

d)       Material money

Answer:- c)       Margin money

4. SIDO is an apex organization

concerned with.....-------

a)       Welfare of women

b)       Child labour

c)       Population control

d)       Small scale industries.

Answer:- d)       Small scale industries

5. It is a document used as delivery

note while sending goods.

The receiver signs on the
duplicate copy and returns to

the sender as a token of acceptance.

This document is
Called............

a)       Challan

 b)      Invoice

c)       Bill

d)       Receipt

Answer:- a)       Challan

6. What does MSME stand for?

a)       Mini, Small and Major Enterprises

b)       Micro, Small and Major Enterprises

c)       Micro. Small and Medium Enterprises

d)       Micro, Small and Main Enterprises

Answer:- c)  Micro. Small and Medium Enterprises

7. One of the ancillary services provided

by banks is "ATM Cards". What does "A TM
stand for?

a)       Any Time Money

b)       Anywhere Time Machine

c)       Ancillary Teller Machine

d)       Automatic Teller Machine

Answer:- d)       Automatic Teller Machine

8. A firm is said to be productively efficient, if

a)    Its Cost of production is low

b)    It is selling its product at low price

c)    It is producing what customers want

d)    It is most popular in the region                                                                                                                     Answer:- a)    Its Cost of production is low

9. Which one of the following is not

an advantage of introduction of

new technology in a firm?

a)    Reduction of waste

b)    Increases strain in industrial relation

c)    New and better products

d)    Better communication

Answer:- b) Increases strain in industrial relation

10. LIC is concerned with—

a)       Real estate

c)       Export business

b)       Money lending
d)       Insurance

Answer:- d)       Insurance

11. FDI stands for............

a)       Foreign Diverse Investment
c)       Foreign Direct Interest

b)       Foreign Dealers in India
d)       Foreign Direct Investment

Answer:- d)       Foreign Direct Investment

12. When you approach a seriously injured

person, think of the ABC. What is ABC?

a) Airway- Breathing-Circulation

b) Airflow- Breast-Circulation

c) Airspace-Breathing-Cipher

d) Airway-Breast-Circulation

Answer:- a) Airway- Breathing-Circulation