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. Final goods and services refer to

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

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

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

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

2. The demand curve facing a perfectly competitive firm is

a.Horizontal line

b.Line sloping downwards

c.Vertical line

d.Line sloping upwards

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

a.$375 million

b.$575 million

c.$275 million

d.$475 million

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

a.Paytm Payments Bank

b.Postal Payments Bank

c.Aditya Birla Payments Bank

d.Airtel Payments Bank

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

a.70 years

b.55 years

c.65 years

d.60 years

6. Inclusive unionism is practiced mostly by

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

b.industrial unions

c.craft unions

d.professional and semiprofessional employees

7. The factors that affect worker productivity include

a.expenditures for best practices training

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

c.base pay increases

d.All of the above

8. For a good that is a luxury demand

a.cannot be represented

b.has unit elasticity

c.tends to be inelastic

d.tends to be elastic

9. 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.Improve

c.Analyze

d.Control

10. Seagate is manufacturer of

a.harddisk

b.earth moving equipment

c.banking software

d.picture tube

11. 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

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

a.All of the above

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

c.A surplus of supply

d.A town zones an area for residential buildings only

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

a.Acceptance of demand deposits

b.Internet banking

c.Remittance services

d.Lending services

14. The primary goal of a business firm is to

a.make a quality product

b.maximize profit

c.promote workforce job satisfaction

d.increase its production

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.NBFCS

c.Regional Rural Banks

d.Small Finance Banks

16. 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.to maintain a permanent deal

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

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

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

b.with the largest dollar amounts first.

c.in alphabetical order

d.in the order of acquisition.

18. The partnership form of business organization is

a.only to shares

b.Doesn't exist

c.no shares

d.More than two shares

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

a.Parry's

b.Lotte

c.Nutrine

d.Cadbury

20. 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

21. The advantages of being an entrepreneur are

a.Opportunity to be your own boss

b.All of the above

c.Making the important decisions

d.making the important decisions

22. An improvement in production technology will

a.shift the supply curve to the right

b.shift the supply curve to the left

c.increase equilibrium price

d.shift the demand curve to the left

23. Regulatory policies protect consumers by

a.controlling the supply of money

b.deciding how to tax and spend money

c.providing public assistance programs

d.overseeing and limiting businesses

24. A raise in the price of a product causes

a.an increase in competition

b.a decrease in competition

c.an increase in demand

d.a decrease in supply

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

a.Customer value

b.Products and services

c.Customer needs

d.Improved quality

26. The ability of a corporation to obtain capital is

a.about the same as a partnership

b.less than a partnership

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

d.restricted because of the limited life of the corporation

27. The buying and selling of goods is called

a.Business

b.Trade

c.Commerce

d.Telecommunication

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

a.Deccan Chronicle

b.Hindustan times

c.Times of India

d.The Hindu

29. Debts owed by a business are referred to as

a.Liabilities

b.Account receivables

c.Credits

d.Owner's Equity

30. A major purpose of cost accounting is to

a.measure, record and report product costs

b.classify all the product costs

c.All of the above

d.to provide information to stockholders for investment decisions

31. Ratio analysis can be useful for

a.To improve profits of a company

b.None of the above

c.Evaluate financial performance of a company

d.Evaluate sales

32. A trial balance will not balance if

a.correct journal entry is posted twice

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

c.None of the above

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

33. Black markets are associated with

a.Ceiling prices and the resulting product surpluses

b.Price floors and the resulting product surpluses

c.Price floors and the resulting product shortages

d.Ceiling prices and the resulting product shortages

34. 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

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

a.Rasna

b.PepsiCo

c.McDonald

d.Coca Cola

36. A binding price floor causes

a.Less supply of goods

b.Excess demand for the goods

c.No demand for the goods

d.Surplus supply of goods

37. Equivalent units of production are equal to

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

b.units completed by a production department in the period

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

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

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

a.Viral Acharya

b.BP Kanungo

c.Michael Debabrata Patra

d.NS Vishwanathan

39. Performance goals are used to

a.determine a worker's attitude

b.measure productivity

c.communicate nonverbally

d.measure effectiveness, but not efficiency

40. An example of an on premise establishment is

a.A local pub

b.None of the above

c.Both a and b

d.A restaurant that sells mixed drinks

41. A monopoly is a market that has

a.a seller but no buyer

b.single buyer

c.single seller and single buyer

d.single seller

42. The supply curve for a monopolist is

a.Vertical

b.Dowward sloping

c.Doesn't exist

d.Horizontal

43. Which of the following does not motivate entrepreneurs?

a.Freedom

b.Innovation

c.Security

d.Profit

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

a.DRI

b.MANI

c.NEFT

d.OLTAS

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

a.Indian Airlines

b.Fly Emirates

c.Lufthansa

d.Jet Airways

46. 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

47. What does IMF stand for?

a.International Machine Federation

b.Indian Money Fund

c.International Monetary Fund

d.Institute of Monetary Finance

48. Product costs are also called

a.Inventoriable Costs

b.Voluntary Costs

c.None of the above

d.Vulnerable Costs

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

a.Mauritius

b.Japan

c.Singapore

d.Malaysia

50. Quality assurance is an example of which process?

a.None of the above

b.Delivering

c.Testing

d.Manufacturing

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

a.New York Stock Exchange

b.Nasdaq

c.London Stock Exchange

d.Mumbai Stock Exchange

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

a.group of cottages that serves as factory

b.goods are produced at home

c.people work at industries leaving their homes

d.people of same colony work at same place

53. Business transaction are recorded

a.In chronologial order

b.Weekly

c.At the end of the month

d.Any of the above

54. Mike McNamara is the founder of

a.Citibank

b.Pepsico

c.Standard Chartered

d.American Express

55. 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

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

a.Hyundai

b.GM

c.Maruti Suzuki

d.Ford

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

a.Advertising

b.Travel ad Tourism

c.Software

d.Cement

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

a.WNS

b.Progeon

c.Spectramind

d.Optimus

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

a.ICICI Bank

b.SBI

c.Axis Bank

d.HDFC Bank

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

a. Pfizer

b.Henz

c.Paras Pharma

d.Galaxo Smith Kline

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

a.shift left

b.shift right

c.None of the above

d.shift up

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

a.CRISIL

b.RBI

c.ICRA

d.CARE

63. 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

64. A business organized as a corporation

a.Has tax advantages over a proprietorship or partnership

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

c.Is owned by its stockholders

d.Is not a separate legal entity in most states

65. 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

66. Fixed cost per unit increases when

a.variable cost per unit increases

b.variable cost per unit decreases

c.production volume increases

d.production volume decreases

67. An increase in the price of a good will

a.decrease demand

b.increase demand

c. increase quantity demanded

d.decrease quantity demanded

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

a.Reliance Telecom

b.Idea

c.Bharti Televenture

d.Hutch

69. 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

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

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

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

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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