CUET 2025 MCQ Quiz on Business Awareness

CUET 2025 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 Stock exchanges is called "Big Board"?

a.Mumbai Stock Exchange

b.London Stock Exchange

c.Nasdaq

d.New York Stock Exchange

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

a.Optimus

b.Spectramind

c.WNS

d.Progeon

3. The buying and selling of goods is called

a.Telecommunication

b.Trade

c.Business

d.Commerce

4. Which of the following does not motivate entrepreneurs?

a.Profit

b.Freedom

c.Security

d.Innovation

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

a.shift up

b.shift right

c.None of the above

d.shift left

6. What is the main motive behind dealer incentives?

a.maintaining good dealer-manufacturer relationships

b.to maintain a permanent deal

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

d.ensuring that the customer gets the best possible deal

7. The supply curve for a monopolist is

a.Dowward sloping

b.Vertical

c.Doesn't exist

d.Horizontal

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

a.Henz

b.Galaxo Smith Kline

c.Paras Pharma

d. Pfizer

9. A business organized as a corporation

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

b.Is not a separate legal entity in most states

c.Has tax advantages over a proprietorship or partnership

d.Is owned by its stockholders

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

a.The Hindu

b.Times of India

c.Deccan Chronicle

d.Hindustan times

11. Inclusive unionism is practiced mostly by

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

b.professional and semiprofessional employees

c.craft unions

d.industrial unions

12. 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

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

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

b.A surplus of supply

c.All of the above

d.A town zones an area for residential buildings only

14. 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

15. Product costs are also called

a.None of the above

b.Inventoriable Costs

c.Vulnerable Costs

d.Voluntary Costs

16. An increase in the price of a good will

a.decrease demand

b.decrease quantity demanded

c. increase quantity demanded

d.increase demand

17. What does IMF stand for?

a.Institute of Monetary Finance

b.International Monetary Fund

c.Indian Money Fund

d.International Machine Federation

18. Equivalent units of production are equal to

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

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

c.units completed by a production department in the period

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

19. Quality assurance is an example of which process?

a.None of the above

b.Manufacturing

c.Delivering

d.Testing

20. 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

21. 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

22. 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

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

a.Jet Airways

b.Lufthansa

c.Fly Emirates

d.Indian Airlines

24. 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.

25. Performance goals are used to

a.determine a worker's attitude

b.measure effectiveness, but not efficiency

c.measure productivity

d.communicate nonverbally

26. Capital budgeting is primarily concerned with

a.planning future financing needs

b.evaluating investment alternatives

c.minimizing the cost of capital

d.capital formation in the economy

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

a.Nikhil Meswani

b.Ravi Jaipuria

c.Ashoka Chauhan

d.Anu Agha

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

d.about the same as a partnership

29. Mike McNamara is the founder of

a.American Express

b.Citibank

c.Standard Chartered

d.Pepsico

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

a.Hyundai

b.GM

c.Ford

d.Maruti Suzuki

31. 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

32. A binding price floor causes

a.Less supply of goods

b.Surplus supply of goods

c.Excess demand for the goods

d.No demand for the goods

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

a.Benefit deceeds its marginal cost

b.Marginal cost exceeds its benefit

c.None of the above

d.Benefit exceeds its marginal cost

34. A trial balance will not balance if

a.correct journal entry is posted twice

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

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

35. A market is said to be in equilibrium when

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

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.Supply equals demand

36. 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.DRI

d.NEFT

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

a.Malaysia

b.Mauritius

c.Singapore

d.Japan

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

a.PepsiCo

b.Coca Cola

c.Rasna

d.McDonald

39. Black markets are associated with

a.Ceiling prices and the resulting product surpluses

b.Price floors and the resulting product shortages

c.Ceiling prices and the resulting product shortages

d.Price floors and the resulting product surpluses

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

a.Cement

b.Travel ad Tourism

c.Software

d.Advertising

41. Total asset turnover is used to evaluate

a.The cash flows used to acquire assets

b.The need for asset replacement

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

d.The relation between asset cost and book value

42. 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.Statutory Lending Rate

c.Bank Rate

d.Sub-Prime Lending Rate

43. The factors that affect worker productivity include

a.All of the above

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

c.base pay increases

d.expenditures for best practices training

44. 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.Improve

c.Control

d.Design

45. The demand curve facing a perfectly competitive firm is

a.Line sloping downwards

b.Vertical line

c.Horizontal line

d.Line sloping upwards

46. 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

47. Fixed cost per unit increases when

a.variable cost per unit increases

b.variable cost per unit decreases

c.production volume decreases

d.production volume increases

48. 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 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

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

a.60 years

b.65 years

c.55 years

d.70 years

50. A monopoly is a market that has

a.single seller and single buyer

b.a seller but no buyer

c.single buyer

d.single seller

51. A raise in the price of a product causes

a.a decrease in competition

b.a decrease in supply

c.an increase in competition

d.an increase in demand

52. The partnership form of business organization is

a.no shares

b.More than two shares

c.Doesn't exist

d.only to shares

53. Business transaction are recorded

a.In chronologial order

b.Any of the above

c.Weekly

d.At the end of the month

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

a.ICRA

b.RBI

c.CARE

d.CRISIL

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

a.Nutrine

b.Parry's

c.Cadbury

d.Lotte

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

a.SBI

b.ICICI Bank

c.HDFC Bank

d.Axis Bank

57. Seagate is manufacturer of

a.picture tube

b.banking software

c.harddisk

d.earth moving equipment

58. Other things equal an improvement in productivity will

a.increase the equilibrium price level

b.shift the aggregate supply curve to the left

c.shift the aggregate supply curve to the right

d.shift the aggregate demand curve to the left

59. 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

60. For a good that is a luxury demand

a.tends to be inelastic

b.cannot be represented

c.has unit elasticity

d.tends to be elastic

61. 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

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

a.Postal Payments Bank

b.Airtel Payments Bank

c.Paytm Payments Bank

d.Aditya Birla Payments Bank

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

a.$575 million

b.$475 million

c.$375 million

d.$275 million

64. 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.

65. 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

66. 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

67. Debts owed by a business are referred to as

a.Credits

b.Account receivables

c.Liabilities

d.Owner's Equity

68. 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.NBFCS

c.Regional Rural Banks

d.Small Finance Banks

69. 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

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

a.Customer value

b.Products and services

c.Customer needs

d.Improved quality

CUET 2025 MCQ Quiz on Business Awareness for Competitive Exams

CUET 2025 MCQ Quiz on Business Awareness – Objective Question Answers on Business Awareness

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