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

Please wait...

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

a.$475 million

b.$375 million

c.$575 million

d.$275 million

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

a.Maruti Suzuki

b.Hyundai

c.GM

d.Ford

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

a.group of cottages that serves as factory

b.people work at industries leaving their homes

c.goods are produced at home

d.people of same colony work at same place

4. What is the main motive behind dealer incentives?

a.ensuring that the customer gets the best possible deal

b.maintaining good dealer-manufacturer relationships

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

d.to maintain a permanent deal

5. The demand curve facing a perfectly competitive firm is

a.Line sloping downwards

b.Horizontal line

c.Vertical line

d.Line sloping upwards

6. Total asset turnover is used to evaluate

a.The cash flows used to acquire assets

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

c.The relation between asset cost and book value

d.The need for asset replacement

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

a.Aditya Birla Payments Bank

b.Postal Payments Bank

c.Airtel Payments Bank

d.Paytm Payments Bank

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

a.Michael Debabrata Patra

b.BP Kanungo

c.Viral Acharya

d.NS Vishwanathan

9. Regulatory policies protect consumers by

a.overseeing and limiting businesses

b.controlling the supply of money

c.deciding how to tax and spend money

d.providing public assistance programs

10. The supply curve for a monopolist is

a.Vertical

b.Dowward sloping

c.Horizontal

d.Doesn't exist

11. Black markets are associated with

a.Ceiling prices and the resulting product shortages

b.Price floors and the resulting product shortages

c.Price floors and the resulting product surpluses

d.Ceiling prices and the resulting product surpluses

12. Ratio analysis can be useful for

a.None of the above

b.Evaluate sales

c.Evaluate financial performance of a company

d.To improve profits of a company

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

a.Mauritius

b.Japan

c.Malaysia

d.Singapore

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

a.None of the above

b.shift left

c.shift right

d.shift up

15. 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.Regional Rural Banks

c.NBFCS

d.Small Finance Banks

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

a. Pfizer

b.Galaxo Smith Kline

c.Paras Pharma

d.Henz

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

a.Ashoka Chauhan

b.Anu Agha

c.Nikhil Meswani

d.Ravi Jaipuria

18. A market is said to be in equilibrium when

a.There is downward pressure on price

b.Supply equals demand

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

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

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

a.London Stock Exchange

b.Nasdaq

c.New York Stock Exchange

d.Mumbai Stock Exchange

20. Performance goals are used to

a.measure effectiveness, but not efficiency

b.determine a worker's attitude

c.measure productivity

d.communicate nonverbally

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

a.Customer value

b.Products and services

c.Customer needs

d.Improved quality

22. A binding price floor causes

a.Excess demand for the goods

b.Surplus supply of goods

c.No demand for the goods

d.Less supply of goods

23. 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

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

a.Axis Bank

b.SBI

c.HDFC Bank

d.ICICI Bank

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

a.Cement

b.Software

c.Travel ad Tourism

d.Advertising

26. Other things equal an improvement in productivity will

a.shift the aggregate demand curve to the left

b.shift the aggregate supply curve to the right

c.increase the equilibrium price level

d.shift the aggregate supply curve to the left

27. Final goods and services refer to

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

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

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

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

28. 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

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

a.Rasna

b.PepsiCo

c.Coca Cola

d.McDonald

30. The advantages of being an entrepreneur are

a.making the important decisions

b.Opportunity to be your own boss

c.All of the above

d.Making the important decisions

31. Debts owed by a business are referred to as

a.Account receivables

b.Credits

c.Owner's Equity

d.Liabilities

32. An example of an on premise establishment is

a.A local pub

b.Both a and b

c.None of the above

d.A restaurant that sells mixed drinks

33. What does IMF stand for?

a.Institute of Monetary Finance

b.Indian Money Fund

c.International Machine Federation

d.International Monetary Fund

34. For a good that is a luxury demand

a.tends to be inelastic

b.has unit elasticity

c.tends to be elastic

d.cannot be represented

35. 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.Design

b.Analyze

c.Improve

d.Control

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

a.in the order of acquisition.

b.with the largest dollar amounts first.

c.in alphabetical order

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

37. A trial balance will not balance if

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

b.correct journal entry is posted twice

c.None of the above

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

38. 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.55 years

d.65 years

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

a.A surplus of supply

b.All of the above

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

d.A town zones an area for residential buildings only

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

a.Remittance services

b.Internet banking

c.Lending services

d.Acceptance of demand deposits

41. Effective sales management begins with

a.determining sales goals

b.pecifying the sales force size

c.designing a compensation plan

d.determining the most efficient structure for the sales force

42. Product costs are also called

a.Inventoriable Costs

b.Vulnerable Costs

c.Voluntary Costs

d.None of the above

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

a.Prime Lending Rate

b.Bank Rate

c.Sub-Prime Lending Rate

d.Statutory Lending Rate

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

a.MANI

b.DRI

c.NEFT

d.OLTAS

45. A raise in the price of a product causes

a.an increase in demand

b.a decrease in supply

c.an increase in competition

d.a decrease in competition

46. Fixed cost per unit increases when

a.variable cost per unit increases

b.production volume increases

c.production volume decreases

d.variable cost per unit decreases

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

a.Spectramind

b.Optimus

c.WNS

d.Progeon

48. Quality assurance is an example of which process?

a.Delivering

b.Testing

c.Manufacturing

d.None of the above

49. An increase in the price of a good will

a.increase demand

b. increase quantity demanded

c.decrease quantity demanded

d.decrease demand

50. 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 Science and Technology.

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

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

51. The partnership form of business organization is

a.Doesn't exist

b.More than two shares

c.only to shares

d.no shares

52. The buying and selling of goods is called

a.Telecommunication

b.Trade

c.Commerce

d.Business

53. A major purpose of cost accounting is to

a.to provide information to stockholders for investment decisions

b.classify all the product costs

c.All of the above

d.measure, record and report product costs

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

a.CRISIL

b.RBI

c.ICRA

d.CARE

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

a.None of the above

b.Benefit exceeds its marginal cost

c.Marginal cost exceeds its benefit

d.Benefit deceeds its marginal cost

56. A business organized as a corporation

a.Is not a separate legal entity in most states

b.Is owned by its stockholders

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

d.Has tax advantages over a proprietorship or partnership

57. 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

58. A monopoly is a market that has

a.single seller and single buyer

b.a seller but no buyer

c.single seller

d.single buyer

59. Business transaction are recorded

a.Any of the above

b.In chronologial order

c.At the end of the month

d.Weekly

60. Which of the following does not motivate entrepreneurs?

a.Freedom

b.Profit

c.Innovation

d.Security

61. Inclusive unionism is practiced mostly by

a.craft unions

b.professional and semiprofessional employees

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

d.industrial unions

62. Mike McNamara is the founder of

a.Citibank

b.American Express

c.Standard Chartered

d.Pepsico

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

a.Hindustan times

b.The Hindu

c.Deccan Chronicle

d.Times of India

64. The primary goal of a business firm is to

a.increase its production

b.make a quality product

c.maximize profit

d.promote workforce job satisfaction

65. The factors that affect worker productivity include

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

b.All of the above

c.expenditures for best practices training

d.base pay increases

66. Seagate is manufacturer of

a.harddisk

b.banking software

c.picture tube

d.earth moving equipment

67. An improvement in production technology will

a.shift the demand curve to the left

b.shift the supply curve to the right

c.increase equilibrium price

d.shift the supply curve to the left

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

a.Jet Airways

b.Indian Airlines

c.Fly Emirates

d.Lufthansa

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

a.Lotte

b.Parry's

c.Nutrine

d.Cadbury

70. 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

CUET 2026 MCQ Quiz on Business Awareness for Competitive Exams

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

Submit a Comment Cancel reply

General

CBSE School Lessons

Popular Pages