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 does not fall into the functions ofPayments Banks?

a.Acceptance of demand deposits

b.Remittance services

c.Lending services

d.Internet banking

2. Debts owed by a business are referred to as

a.Liabilities

b.Owner's Equity

c.Account receivables

d.Credits

3. 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

4. The factors that affect worker productivity include

a.All of the above

b.expenditures for best practices training

c.base pay increases

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

5. An increase in the price of a good will

a.increase demand

b. increase quantity demanded

c.decrease demand

d.decrease quantity demanded

6. 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

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

a.Anu Agha

b.Nikhil Meswani

c.Ravi Jaipuria

d.Ashoka Chauhan

8. Business transaction are recorded

a.Any of the above

b.At the end of the month

c.In chronologial order

d.Weekly

9. An improvement in production technology will

a.shift the demand curve to the left

b.shift the supply curve to the right

c.shift the supply curve to the left

d.increase equilibrium price

10. 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 under the administrative control of the Ministry of Health and Family Welfare

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

11. Mike McNamara is the founder of

a.American Express

b.Standard Chartered

c.Citibank

d.Pepsico

12. A trial balance will not balance if

a.correct journal entry is posted twice

b.None of the above

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

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

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

a.Michael Debabrata Patra

b.NS Vishwanathan

c.BP Kanungo

d.Viral Acharya

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

a.Hindustan times

b.The Hindu

c.Times of India

d.Deccan Chronicle

15. 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

16. The buying and selling of goods is called

a.Trade

b.Commerce

c.Business

d.Telecommunication

17. 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

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

a.Galaxo Smith Kline

b.Paras Pharma

c.Henz

d. Pfizer

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

a.Advertising

b.Software

c.Cement

d.Travel ad Tourism

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

a.in alphabetical order

b.in the order of acquisition.

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

d.with the largest dollar amounts first.

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

a.Optimus

b.WNS

c.Progeon

d.Spectramind

22. The ability of a corporation to obtain capital is

a.less than a partnership

b.restricted because of the limited life of the corporation

c.about the same as a partnership

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

23. What does IMF stand for?

a.International Monetary Fund

b.Indian Money Fund

c.International Machine Federation

d.Institute of Monetary Finance

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

a.Customer needs

b.Customer value

c.Products and services

d.Improved quality

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

a.Sub-Prime Lending Rate

b.Prime Lending Rate

c.Bank Rate

d.Statutory Lending Rate

26. Performance goals are used to

a.measure effectiveness, but not efficiency

b.determine a worker's attitude

c.communicate nonverbally

d.measure productivity

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

a.ICRA

b.RBI

c.CRISIL

d.CARE

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

a.GM

b.Maruti Suzuki

c.Ford

d.Hyundai

29. 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

30. 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.Payment Banks

c.Regional Rural Banks

d.NBFCS

31. An example of an on premise establishment is

a.A local pub

b.A restaurant that sells mixed drinks

c.Both a and b

d.None of the above

32. Seagate is manufacturer of

a.harddisk

b.earth moving equipment

c.picture tube

d.banking software

33. The partnership form of business organization is

a.Doesn't exist

b.More than two shares

c.no shares

d.only to shares

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.Improve

b.Design

c.Analyze

d.Control

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

a.Coca Cola

b.Rasna

c.PepsiCo

d.McDonald

37. Capital budgeting is primarily concerned with

a.minimizing the cost of capital

b.evaluating investment alternatives

c.capital formation in the economy

d.planning future financing needs

38. Which of the following does not motivate entrepreneurs?

a.Freedom

b.Innovation

c.Security

d.Profit

39. Total asset turnover is used to evaluate

a.The need for asset replacement

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

c.The relation between asset cost and book value

d.The cash flows used to acquire assets

40. Regulatory policies protect consumers by

a.providing public assistance programs

b.controlling the supply of money

c.deciding how to tax and spend money

d.overseeing and limiting businesses

41. What is the main motive behind dealer incentives?

a.to maintain a permanent deal

b.maintaining good dealer-manufacturer relationships

c.ensuring that the customer gets the best possible deal

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

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

a.Fly Emirates

b.Indian Airlines

c.Jet Airways

d.Lufthansa

43. Other things equal an improvement in productivity will

a.shift the aggregate supply curve to the left

b.increase the equilibrium price level

c.shift the aggregate demand curve to the left

d.shift the aggregate supply curve to the right

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

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

b.All of the above

c.A surplus of supply

d.A town zones an area for residential buildings only

45. The demand curve facing a perfectly competitive firm is

a.Line sloping downwards

b.Line sloping upwards

c.Vertical line

d.Horizontal line

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

c.units completed by a production department in the period

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

47. Ratio analysis can be useful for

a.None of the above

b.To improve profits of a company

c.Evaluate sales

d.Evaluate financial performance of a company

48. 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

49. 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

50. A business organized as a corporation

a.Is not a separate legal entity in most states

b.Is owned by its stockholders

c.Has tax advantages over a proprietorship or partnership

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

51. Quality assurance is an example of which process?

a.Delivering

b.None of the above

c.Manufacturing

d.Testing

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

a.OLTAS

b.NEFT

c.MANI

d.DRI

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

a.Paytm Payments Bank

b.Airtel Payments Bank

c.Postal Payments Bank

d.Aditya Birla Payments Bank

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

a.Japan

b.Mauritius

c.Malaysia

d.Singapore

55. A monopoly is a market that has

a.a seller but no buyer

b.single seller

c.single seller and single buyer

d.single buyer

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

a.None of the above

b.shift left

c.shift up

d.shift right

57. Effective sales management begins with

a.pecifying the sales force size

b.determining the most efficient structure for the sales force

c.determining sales goals

d.designing a compensation plan

58. 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

59. The supply curve for a monopolist is

a.Dowward sloping

b.Horizontal

c.Vertical

d.Doesn't exist

60. The advantages of being an entrepreneur are

a.Opportunity to be your own boss

b.Making the important decisions

c.All of the above

d.making the important decisions

61. A binding price floor causes

a.Surplus supply of goods

b.Less supply of goods

c.Excess demand for the goods

d.No demand for the goods

62. Product costs are also called

a.Voluntary Costs

b.None of the above

c.Inventoriable Costs

d.Vulnerable Costs

63. 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.$475 million

d.$575 million

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

a.Hutch

b.Reliance Telecom

c.Idea

d.Bharti Televenture

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

a.Nutrine

b.Parry's

c.Cadbury

d.Lotte

66. 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

67. Black markets are associated with

a.Price floors and the resulting product shortages

b.Ceiling prices and the resulting product shortages

c.Ceiling prices and the resulting product surpluses

d.Price floors and the resulting product surpluses

68. 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

69. 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

70. A raise in the price of a product causes

a.an increase in competition

b.an increase in demand

c.a decrease in competition

d.a decrease in supply

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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