Sources of Business Finance MCQ Class 11 Business Studies Chapter 8

Sources of Business Finance MCQ Questions for Class 11 Business Studies Chapter 8 with Answers

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MCQ Questions for Class 11 Business Studies with Answers

Q1. Expand GDR

(i) Global Depository Receipts
(ii) Gross Domestic Receipts
(iii) Government Direct Receipts
(iv) None of the above

(i) Global Depository Receipts

Q2. Expand ADR

(i) American Depository Receipts
(ii) American Direct Receipts
(iii) American Domestic Receipts
(iv) None of the above

(i) American Depository Receipts

Q3. Which of the following is a commercial bank?

(i) Punjab National Bank
(ii) Canara bank
(iii) State Bank of India
(iv) All of the above

(iv) All of the above

Q4. For the approval of name of the company is applied to :

(i) SEBI
(ii) Registrar of company
(iii) Indian Government
(iv) Concerning state government where company is to be registered.

(ii) Registrar of company

Q5. Under the factoring arrangement, the factor

(i) Produces and distributes the goods or services
(ii) Makes the payment on behalf of the client
(iii) Collects the client’s debt or account receivables
(iv) Transfer the goods from one place to another

(iii) Collects the client’s debt or account receivables

Q6. Funds raised through loans or borrowings are

(i) Borrowed funds
(ii) Owners Equity
(iii) None of these
(iv) Share Capital

(i) Borrowed funds

Q7. A person who purchases the common stock of a corporation is known as:

(i) Preferred stockholder
(ii) Creditor
(iii) Bondholder
(iv) Common stockholder

(iv) Common stockholder

Q8. Industrial Finance Corporation of India (IFCI) was established in

(i) July, 1948
(ii) July, 2001
(iii) July, 1956
(iv) July, 1991

(i) July, 1948

Q9. Signatures are done on primary documents before incorporation:

(i) Before incorporation
(ii) After incorporation but before capital subscription
(iii) After incorporation but before commencement of the business
(iv) After commencement of the business.

(iii) After incorporation but before commencement of the business

Q10. ADRs are issued in

(i) Canada
(ii) China
(iii) India
(iv) USA

(iv) USA

Q11. ICICI was established in

(i) 1985
(ii) 1975
(iii) 1965
(iv) 1955

(iv) 1955

Q12. Which of the following is a commercial bank?

(i) Punjab National Bank
(ii) Canara bank
(iii) State Bank of India
(iv) All of the above

(iv) All of the above

Q13. Under the lease agreement, the lessee gets the right to

(i) Use the asset for a specified period
(ii) Share profits earned by the lessor
(iii) Sell the assets
(iv) Participate in the management of the organisation

(i) Use the asset for a specified period

Q14. Proposed name of the company is declared void if:

(i) Is resembling to any existing company name
(ii) Is resembling to any existing company logo
(iii) Is resembling to any symbol of Indian Government or UNO
(iv) None of these.

(iv) None of these.

Q15. Money obtained by issue of shares is known as

(i) Debts
(ii) Share Capital
(iii) Loans
(iv) Reserve Funds

(ii) Share Capital

Q16. Debentures represent

(i) Fixed capital of the company
(ii) Permanent capital of the company
(iii) Fluctuating capital of the company
(iv) Loan capital of the company

(iv) Loan capital of the company

Q17. The term ‘redeemable’ is used for

(i) Public deposits
(ii) Commercial paper
(iii) Equity shares
(iv) Preference shares

(ii) Commercial paper

Q18. The maturity period of a commercial paper usually ranges from

(i) 120 to 365 days
(ii) 60 to 90 days
(iii) 90 to 364 days
(iv) 20 to 40 days

(iii) 90 to 364 days

Q19. Unit Trust of India was established by

(i) ICICI
(ii) State Bank Group
(iii) Indian Government
(iv) HDFC Bank

(iii) Indian Government

Q20. In which form of Business, owners have limited liability.

(i) sole proprietorship
(ii) partnership
(iii) joint stock company
(iv) none of the above

(iii) joint stock company

Q21. Internal sources of capital are those that are

(i) Generated through outsiders such as suppliers
(ii) Generated through the issue of shares
(iii) Generated through a loan from commercial banks
(iv) Generated within the business

(iv) Generated within the business

Q22. Debentures represent

(i) Fixed capital of the company
(ii) Permanent capital of the company
(iii) Fluctuating capital of the company
(iv) Loan capital of the company

(iv) Loan capital of the company

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MCQ Questions for Class 11 Business Studies with Answers

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