Which of the following is a consumer right not declared by ‘Consumer International’?(1) right to choose (2) right to get attention (3) right to get compensation(4) right to be informed (5) right to be protected (……)13. Select the business organization which contains the following features.- private sector- limited liability- legal personality- administration by board of directors(1) Uniliver ltd, Kumaran store (2) Silva PLC, Mallakam MPCS(3) Road Development Authority, Masthan & Co. (4) Aruna (Pvt) ltd., Amutha Store(5) Bairavi PLC, Sathosa (……)14. Select the correct statement in relation to sole proprietorship business.(1) compulsory auditing(2) compulsory registration(3) compulsory participation of family members(4) compulsory payment of tax(5) compulsory to follow law and regulations of local authority (……)15. The following are some financial institutions.A – Share brokering company B – Licensed Finance CompaniesC – Market intermediaries D – Licensed Specialized BanksE – Venture capital company F – Insurance companiesSelect the answer which contains the financial organizations which can be classified under ‘specializedfinancial institutions’.(1) A, C, E (2) A, C, D (3) B, E, G (4) D, E, F (5) A, C, F (……
Question
Which of the following is a consumer right not declared by ‘Consumer International’?(1) right to choose (2) right to get attention (3) right to get compensation(4) right to be informed (5) right to be protected (……)13. Select the business organization which contains the following features.- private sector- limited liability- legal personality- administration by board of directors(1) Uniliver ltd, Kumaran store (2) Silva PLC, Mallakam MPCS(3) Road Development Authority, Masthan & Co. (4) Aruna (Pvt) ltd., Amutha Store(5) Bairavi PLC, Sathosa (……)14. Select the correct statement in relation to sole proprietorship business.(1) compulsory auditing(2) compulsory registration(3) compulsory participation of family members(4) compulsory payment of tax(5) compulsory to follow law and regulations of local authority (……)15. The following are some financial institutions.A – Share brokering company B – Licensed Finance CompaniesC – Market intermediaries D – Licensed Specialized BanksE – Venture capital company F – Insurance companiesSelect the answer which contains the financial organizations which can be classified under ‘specializedfinancial institutions’.(1) A, C, E (2) A, C, D (3) B, E, G (4) D, E, F (5) A, C, F (……
Solution
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The consumer right not declared by ‘Consumer International’ is (2) right to get attention.
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The business organization which contains the features of private sector, limited liability, legal personality, and administration by board of directors is (4) Aruna (Pvt) ltd., Amutha Store.
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The correct statement in relation to sole proprietorship business is (4) compulsory payment of tax.
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The financial organizations which can be classified under ‘specialized financial institutions’ are (4) D, E, F - Licensed Specialized Banks, Venture capital company, Insurance companies.
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