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 the following is NOT a credit rating agency in India?

a.CRISIL

b.ICRA

c.RBI

d.CARE

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

a.group of cottages that serves as factory

b.people of same colony work at same place

c.goods are produced at home

d.people work at industries leaving their homes

3. Product costs are also called

a.None of the above

b.Voluntary Costs

c.Vulnerable Costs

d.Inventoriable Costs

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

a.shift right

b.shift left

c.None of the above

d.shift up

5. Capital budgeting is primarily concerned with

a.capital formation in the economy

b.planning future financing needs

c.evaluating investment alternatives

d.minimizing the cost of capital

6. Seagate is manufacturer of

a.harddisk

b.picture tube

c.earth moving equipment

d.banking software

7. 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

8. Final goods and services refer to

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

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

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

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

9. Business transaction are recorded

a.At the end of the month

b.Any of the above

c.Weekly

d.In chronologial order

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

a.Customer value

b.Improved quality

c.Customer needs

d.Products and services

11. 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 left

d.shift the aggregate supply curve to the right

12. 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

13. 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

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

a.Idea

b.Hutch

c.Reliance Telecom

d.Bharti Televenture

15. The primary goal of a business firm is to

a.make a quality product

b.maximize profit

c.increase its production

d.promote workforce job satisfaction

16. A business organized as a corporation

a.Is owned by its stockholders

b.Is not a separate legal entity in most states

c.Has tax advantages over a proprietorship or partnership

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

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

a.Spectramind

b.Progeon

c.WNS

d.Optimus

18. Total asset turnover is used to evaluate

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

b.The relation between asset cost and book value

c.The need for asset replacement

d.The cash flows used to acquire assets

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

a.Postal Payments Bank

b.Paytm Payments Bank

c.Aditya Birla Payments Bank

d.Airtel Payments Bank

20. 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

21. The demand curve facing a perfectly competitive firm is

a.Vertical line

b.Horizontal line

c.Line sloping upwards

d.Line sloping downwards

22. 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 the order of acquisition.

d.in alphabetical order

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

a.GM

b.Maruti Suzuki

c.Ford

d.Hyundai

24. 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

25. For a good that is a luxury demand

a.tends to be elastic

b.has unit elasticity

c.tends to be inelastic

d.cannot be represented

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

a.Acceptance of demand deposits

b.Internet banking

c.Lending services

d.Remittance services

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

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

d.units completed by a production department in the period

28. Which of the following does not motivate entrepreneurs?

a.Freedom

b.Profit

c.Security

d.Innovation

29. Mike McNamara is the founder of

a.American Express

b.Pepsico

c.Citibank

d.Standard Chartered

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

a.55 years

b.60 years

c.70 years

d.65 years

31. Debts owed by a business are referred to as

a.Credits

b.Liabilities

c.Owner's Equity

d.Account receivables

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

a.Times of India

b.Deccan Chronicle

c.Hindustan times

d.The Hindu

33. What is the main motive behind dealer incentives?

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

b.to maintain a permanent deal

c.maintaining good dealer-manufacturer relationships

d.ensuring that the customer gets the best possible deal

34. 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.Analyze

b.Design

c.Control

d.Improve

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

a.Travel ad Tourism

b.Cement

c.Advertising

d.Software

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

a.Parry's

b.Lotte

c.Nutrine

d.Cadbury

37. The advantages of being an entrepreneur are

a.Making the important decisions

b.Opportunity to be your own boss

c.making the important decisions

d.All of the above

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

a.Bank Rate

b.Sub-Prime Lending Rate

c.Prime Lending Rate

d.Statutory Lending Rate

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

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

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

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

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

40. The ability of a corporation to obtain capital is

a.restricted because of the limited life of the corporation

b.about the same as a partnership

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

d.less than a partnership

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

a.Axis Bank

b.HDFC Bank

c.SBI

d.ICICI Bank

42. 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

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

a.Small Finance Banks

b.NBFCS

c.Regional Rural Banks

d.Payment Banks

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

a.New York Stock Exchange

b.London Stock Exchange

c.Mumbai Stock Exchange

d.Nasdaq

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

a.Michael Debabrata Patra

b.Viral Acharya

c.NS Vishwanathan

d.BP Kanungo

46. Effective sales management begins with

a.determining sales goals

b.designing a compensation plan

c.determining the most efficient structure for the sales force

d.pecifying the sales force size

47. An increase in the price of a good will

a.decrease demand

b.decrease quantity demanded

c.increase demand

d. increase quantity demanded

48. 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

49. The supply curve for a monopolist is

a.Dowward sloping

b.Doesn't exist

c.Vertical

d.Horizontal

50. A market is said to be in equilibrium when

a.Supply equals demand

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

c.There is downward pressure on price

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

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

a.PepsiCo

b.Coca Cola

c.McDonald

d.Rasna

52. An improvement in production technology will

a.increase equilibrium price

b.shift the supply curve to the right

c.shift the demand curve to the left

d.shift the supply curve to the left

53. The factors that affect worker productivity include

a.base pay increases

b.All of the above

c.expenditures for best practices training

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

54. Performance goals are used to

a.communicate nonverbally

b.determine a worker's attitude

c.measure productivity

d.measure effectiveness, but not efficiency

55. An example of an on premise establishment is

a.Both a and b

b.None of the above

c.A local pub

d.A restaurant that sells mixed drinks

56. The partnership form of business organization is

a.More than two shares

b.Doesn't exist

c.no shares

d.only to shares

57. Ratio analysis can be useful for

a.To improve profits of a company

b.Evaluate financial performance of a company

c.None of the above

d.Evaluate sales

58. Regulatory policies protect consumers by

a.providing public assistance programs

b.deciding how to tax and spend money

c.controlling the supply of money

d.overseeing and limiting businesses

59. The buying and selling of goods is called

a.Commerce

b.Trade

c.Telecommunication

d.Business

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

a. Pfizer

b.Henz

c.Paras Pharma

d.Galaxo Smith Kline

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

a.Marginal cost exceeds its benefit

b.Benefit exceeds its marginal cost

c.None of the above

d.Benefit deceeds its marginal cost

62. Inclusive unionism is practiced mostly by

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

b.professional and semiprofessional employees

c.industrial unions

d.craft unions

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

a.Lufthansa

b.Jet Airways

c.Indian Airlines

d.Fly Emirates

64. A major purpose of cost accounting is to

a.All of the above

b.classify all the product costs

c.to provide information to stockholders for investment decisions

d.measure, record and report product costs

65. Quality assurance is an example of which process?

a.None of the above

b.Manufacturing

c.Testing

d.Delivering

66. A raise in the price of a product causes

a.a decrease in supply

b.a decrease in competition

c.an increase in demand

d.an increase in competition

67. What does IMF stand for?

a.International Machine Federation

b.International Monetary Fund

c.Indian Money Fund

d.Institute of Monetary Finance

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

a.A town zones an area for residential buildings only

b.All of the above

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

d.A surplus of supply

69. 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

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

a.Mauritius

b.Malaysia

c.Japan

d.Singapore

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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