CUET 2026 MCQ Quiz on Business Awareness

CUET 2026 MCQ Quiz on Business Awareness – Objective Question Answers on Business Awareness

Business Awareness MCQ – Get MCQ Question on Business Awareness. General Knowledge Business Awareness MCQ Questions are asked in various Competitive exam in their General Knowledge section. Here we have compiled Business Awareness MCQ questions and answers for students who are planning to appear for Competitive/ entrance examination. Practice GK Quiz on Business Awareness

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1. Which of these is an example of a labor law?

a.A town zones an area for residential buildings only

b.A restriction on when a union may call a strike

c.All of the above

d.A surplus of supply

2. Mike McNamara is the founder of

a.Citibank

b.Pepsico

c.Standard Chartered

d.American Express

3. Effective sales management begins with

a.designing a compensation plan

b.determining sales goals

c.pecifying the sales force size

d.determining the most efficient structure for the sales force

4. Equity firm Warburg Pincus and telecom company Sing Tel Hold equity stake in which Indian Cellular service provider?

a.Hutch

b.Reliance Telecom

c.Bharti Televenture

d.Idea

5. The rate of interest on which commercial banks borrow money from RBI to meet their short term credit needs is known as:

a.Statutory Lending Rate

b.Sub-Prime Lending Rate

c.Bank Rate

d.Prime Lending Rate

6. Which of the following BPO companies is a wholly-owned subsidiary of Polaris software?

a.WNS

b.Optimus

c.Spectramind

d.Progeon

7. A business organized as a corporation

a.Has tax advantages over a proprietorship or partnership

b.Is owned by its stockholders

c.Is not a separate legal entity in most states

d.Requires that stockholders be personally liable for the debts of the business

8. Performance goals are used to

a.communicate nonverbally

b.determine a worker's attitude

c.measure effectiveness, but not efficiency

d.measure productivity

9. Other things equal an improvement in productivity will

a.increase the equilibrium price level

b.shift the aggregate demand curve to the left

c.shift the aggregate supply curve to the right

d.shift the aggregate supply curve to the left

10. Inclusive unionism is practiced mostly by

a.craft unions

b.small unions comprised of skilled workers, such as the bricklayers

c.industrial unions

d.professional and semiprofessional employees

11. Ratio analysis can be useful for

a.Evaluate financial performance of a company

b.Evaluate sales

c.None of the above

d.To improve profits of a company

12. Which of the following Stock exchanges is called "Big Board"?

a.London Stock Exchange

b.New York Stock Exchange

c.Mumbai Stock Exchange

d.Nasdaq

13. Business transaction are recorded

a.At the end of the month

b.In chronologial order

c.Any of the above

d.Weekly

14. A major purpose of cost accounting is to

a.All of the above

b.to provide information to stockholders for investment decisions

c.measure, record and report product costs

d.classify all the product costs

15. Who among the following was appointed as the Deputy Governor of Reserve Bank of India (RBI) in January 2020?

a.NS Vishwanathan

b.BP Kanungo

c.Viral Acharya

d.Michael Debabrata Patra

16. The ability of a corporation to obtain capital is

a.restricted because of the limited life of the corporation

b.less than a partnership

c.enhanced because of limited liability and ease of share transferability

d.about the same as a partnership

17. Which of the following does not fall into the functions ofPayments Banks?

a.Lending services

b.Internet banking

c.Remittance services

d.Acceptance of demand deposits

18. Final goods and services refer to

a.the excess of U.S. exports over U.S. imports

b.goods and services that are unsold and therefore added to inventories

c.goods and services purchased by ultimate users, rather than for resale or further processing

d.goods and services whose value has been adjusted for changes in the price level

19. Let your heart fly" baseline is associated with which airlines company?

a.Indian Airlines

b.Jet Airways

c.Lufthansa

d.Fly Emirates

20. A market is said to be in equilibrium when

a.There is downward pressure on price

b.The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price

c.All buyers are able to find sellers willing to sell to them at the current price

d.Supply equals demand

21. Which of the following does not motivate entrepreneurs?

a.Profit

b.Security

c.Innovation

d.Freedom

22. A raise in the price of a product causes

a.a decrease in supply

b.an increase in demand

c.a decrease in competition

d.an increase in competition

23. For a good that is a luxury demand

a.tends to be inelastic

b.cannot be represented

c.tends to be elastic

d.has unit elasticity

24. Which newspaper has acquired a 67 per cent stake in Kolkata-based daily The Asian Age?

a.Deccan Chronicle

b.The Hindu

c.Times of India

d.Hindustan times

25. The demand curve facing a perfectly competitive firm is

a.Vertical line

b.Horizontal line

c.Line sloping upwards

d.Line sloping downwards

26. The advantages of being an entrepreneur are

a.All of the above

b.making the important decisions

c.Making the important decisions

d.Opportunity to be your own boss

27. A person should consume more of something when its marginal cost

a.Benefit exceeds its marginal cost

b.Marginal cost exceeds its benefit

c.Benefit deceeds its marginal cost

d.None of the above

28. Two Mega confectionery brands - Maha Lacto and Eclairs are owned by which company?

a.Cadbury

b.Lotte

c.Parry's

d.Nutrine

29. Which of the following is NOT a credit rating agency in India?

a.CRISIL

b.ICRA

c.RBI

d.CARE

30. The primary goal of a business firm is to

a.promote workforce job satisfaction

b.increase its production

c.maximize profit

d.make a quality product

31. On a classified balance sheet, companies usually list current assets

a.with the largest dollar amounts first.

b.in the order in which they are expected to be converted into cash.

c.in alphabetical order

d.in the order of acquisition.

32. An example of an on premise establishment is

a.None of the above

b.A local pub

c.Both a and b

d.A restaurant that sells mixed drinks

33. Which Payments Bank becoming the first bank to offer cash backs on deposits ?

a.Paytm Payments Bank

b.Postal Payments Bank

c.Airtel Payments Bank

d.Aditya Birla Payments Bank

34. Boost and Crocin brands are owned by which company?

a. Pfizer

b.Henz

c.Paras Pharma

d.Galaxo Smith Kline

35. What does IMF stand for?

a.International Monetary Fund

b.Institute of Monetary Finance

c.Indian Money Fund

d.International Machine Federation

36. The buying and selling of goods is called

a.Commerce

b.Telecommunication

c.Trade

d.Business

37. What is the best definition of the term cottage industry?

a.goods are produced at home

b.people of same colony work at same place

c.people work at industries leaving their homes

d.group of cottages that serves as factory

38. Fixed cost per unit increases when

a.production volume decreases

b.production volume increases

c.variable cost per unit increases

d.variable cost per unit decreases

39. Name the new Business Area which Sahara India Parivar has entered into:

a.Travel ad Tourism

b.Advertising

c.Cement

d.Software

40. Which one of the following statements with regard to Antrix Corporation Limited is correct?

a.It is a commercial arm of the Department of Industrial Policy and Promotion.

b.It is a commercial arm of the Department of Industrial Policy and Promotion.

c.It is a commercial arm of the Department of Science and Technology.

d.It is under the administrative control of the Ministry of Health and Family Welfare

41. Product costs are also called

a.Vulnerable Costs

b.None of the above

c.Voluntary Costs

d.Inventoriable Costs

42. An increase in the price level will cause a _ the aggregate demand curve.

a.shift up

b.None of the above

c.shift right

d.shift left

43. An improvement in production technology will

a.increase equilibrium price

b.shift the demand curve to the left

c.shift the supply curve to the right

d.shift the supply curve to the left

44. A trial balance will not balance if

a.None of the above

b.the purchase on credit basis is debited to purchases and credited to cash

c.correct journal entry is posted twice

d.Rs.500 cash payment to creditors is debited to creditors a/c for Rs.50 and credited to cash Rs.500

45. Grand Vitara XV-7 is a vehicle launched by

a.GM

b.Maruti Suzuki

c.Ford

d.Hyundai

46. The task of any business is to deliver _ at a profit.

a.Products and services

b.Improved quality

c.Customer needs

d.Customer value

47. A binding price floor causes

a.Surplus supply of goods

b.Excess demand for the goods

c.No demand for the goods

d.Less supply of goods

48. A monopoly is a market that has

a.a seller but no buyer

b.single buyer

c.single seller

d.single seller and single buyer

49. Debts owed by a business are referred to as

a.Account receivables

b.Liabilities

c.Credits

d.Owner's Equity

50. Which one of the following is the maximum age of joining National Pension System (NFS) under the NFS Private Sector?

a.60 years

b.70 years

c.65 years

d.55 years

51. An increase in the price of a good will

a.increase demand

b.decrease demand

c. increase quantity demanded

d.decrease quantity demanded

52. Equivalent units of production are equal to

a.number of whole units that could have been completed if all work of the period had been used to produce whole units

b.units completed by a production department in the period

c.identifiable units existing at the end of the period in a production department

d.number of units worked on during the period by a production department

53. The factors that affect worker productivity include

a.base pay increases

b.the size of incentive payments per non-defective pair

c.All of the above

d.expenditures for best practices training

54. The partnership form of business organization is

a.only to shares

b.no shares

c.Doesn't exist

d.More than two shares

55. Total asset turnover is used to evaluate

a.The relation between asset cost and book value

b.The efficiency of management's use of assets to generate sales

c.The cash flows used to acquire assets

d.The need for asset replacement

56. How much loan amount was sanctioned by The World Bank to help India develop its first modern waterway?

a.$375 million

b.$275 million

c.$575 million

d.$475 million

57. Which application was launched by Reserve Bank of India in January 2020 to help visually challenged people identify new currency notes?

a.OLTAS

b.MANI

c.NEFT

d.DRI

58. Quality assurance is an example of which process?

a.Manufacturing

b.Testing

c.None of the above

d.Delivering

59. Which phase of DMAIC is designed to insure that the problem does NOT reoccur and that the new processes can be further improved over time?

a.Control

b.Analyze

c.Improve

d.Design

60. Capital budgeting is primarily concerned with

a.minimizing the cost of capital

b.planning future financing needs

c.evaluating investment alternatives

d.capital formation in the economy

61. Regulatory policies protect consumers by

a.deciding how to tax and spend money

b.providing public assistance programs

c.overseeing and limiting businesses

d.controlling the supply of money

62. 'Khazanah' is the state-owned investment holding arm of which country?

a.Malaysia

b.Singapore

c.Japan

d.Mauritius

63. What is the main motive behind dealer incentives?

a.maintaining good dealer-manufacturer relationships

b.to maintain a permanent deal

c.ensuring that the customer gets the best possible deal

d.encouraging the maximum number of sales of the manufacturers products

64. Seagate is manufacturer of

a.harddisk

b.earth moving equipment

c.banking software

d.picture tube

65. As per the guidelines issued by the RBI in September 2017, all Peer-to-Peer lending (P2P) platforms will be treated as ______.

a.Payment Banks

b.Small Finance Banks

c.NBFCS

d.Regional Rural Banks

66. Black markets are associated with

a.Price floors and the resulting product shortages

b.Ceiling prices and the resulting product shortages

c.Price floors and the resulting product surpluses

d.Ceiling prices and the resulting product surpluses

67. The supply curve for a monopolist is

a.Horizontal

b.Dowward sloping

c.Vertical

d.Doesn't exist

68. Hindustan Lever is selling Lipton Ice Tea in the Indian Market in association with which company?

a.McDonald

b.Rasna

c.Coca Cola

d.PepsiCo

69. Who owns the rights for Pizza Hut, Cream Bell and Costa Coffee in India?

a.Anu Agha

b.Nikhil Meswani

c.Ashoka Chauhan

d.Ravi Jaipuria

70. Which major bank has launched the 'Unnati Credit Card' in 2017 to enhance credit inclusion in India?

a.Axis Bank

b.ICICI Bank

c.HDFC Bank

d.SBI

CUET 2026 MCQ Quiz on Business Awareness for Competitive Exams

CUET 2026 MCQ Quiz on Business Awareness – Objective Question Answers on Business Awareness

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