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

a.shift right

b.shift up

c.shift left

d.None of the above

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

a.Ford

b.Maruti Suzuki

c.GM

d.Hyundai

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

a.CRISIL

b.RBI

c.CARE

d.ICRA

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

a.Paytm Payments Bank

b.Postal Payments Bank

c.Airtel Payments Bank

d.Aditya Birla Payments Bank

5. An improvement in production technology will

a.shift the supply curve to the left

b.shift the supply curve to the right

c.shift the demand curve to the left

d.increase equilibrium price

6. A major purpose of cost accounting is to

a.measure, record and report product costs

b.to provide information to stockholders for investment decisions

c.classify all the product costs

d.All of the above

7. Debts owed by a business are referred to as

a.Owner's Equity

b.Account receivables

c.Credits

d.Liabilities

8. Total asset turnover is used to evaluate

a.The need for asset replacement

b.The relation between asset cost and book value

c.The cash flows used to acquire assets

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

9. 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.OLTAS

d.NEFT

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

a.Advertising

b.Cement

c.Travel ad Tourism

d.Software

11. Business transaction are recorded

a.At the end of the month

b.Any of the above

c.Weekly

d.In chronologial order

12. 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

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.Viral Acharya

d.BP Kanungo

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

a.Marginal cost exceeds its benefit

b.None of the above

c.Benefit deceeds its marginal cost

d.Benefit exceeds its marginal cost

15. 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

16. Seagate is manufacturer of

a.picture tube

b.banking software

c.harddisk

d.earth moving equipment

17. An example of an on premise establishment is

a.Both a and b

b.A restaurant that sells mixed drinks

c.A local pub

d.None of the above

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

a.70 years

b.65 years

c.60 years

d.55 years

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

a.Coca Cola

b.PepsiCo

c.McDonald

d.Rasna

20. The buying and selling of goods is called

a.Trade

b.Commerce

c.Telecommunication

d.Business

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

a.Malaysia

b.Singapore

c.Mauritius

d.Japan

22. 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

23. 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.shift the aggregate supply curve to the left

d.increase the equilibrium price level

24. A binding price floor causes

a.Surplus supply of goods

b.Less supply of goods

c.No demand for the goods

d.Excess demand for the goods

25. An increase in the price of a good will

a. increase quantity demanded

b.increase demand

c.decrease demand

d.decrease quantity demanded

26. Quality assurance is an example of which process?

a.Testing

b.Delivering

c.Manufacturing

d.None of the above

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

a.people of same colony work at same place

b.people work at industries leaving their homes

c.group of cottages that serves as factory

d.goods are produced at home

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

a.Products and services

b.Customer value

c.Customer needs

d.Improved quality

29. What does IMF stand for?

a.Indian Money Fund

b.International Machine Federation

c.Institute of Monetary Finance

d.International Monetary Fund

30. Effective sales management begins with

a.determining the most efficient structure for the sales force

b.pecifying the sales force size

c.determining sales goals

d.designing a compensation plan

31. The supply curve for a monopolist is

a.Vertical

b.Horizontal

c.Doesn't exist

d.Dowward sloping

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

a.Internet banking

b.Lending services

c.Remittance services

d.Acceptance of demand deposits

33. 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.Control

c.Analyze

d.Improve

34. 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 not a separate legal entity in most states

d.Is owned by its stockholders

35. Mike McNamara is the founder of

a.American Express

b.Citibank

c.Pepsico

d.Standard Chartered

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

d.units completed by a production department in the period

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

a.$275 million

b.$475 million

c.$575 million

d.$375 million

38. 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

39. 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.about the same as a partnership

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

40. The demand curve facing a perfectly competitive firm is

a.Line sloping upwards

b.Line sloping downwards

c.Horizontal line

d.Vertical line

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

a.All of the above

b.A town zones an area for residential buildings only

c.A surplus of supply

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

42. 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.Small Finance Banks

c.Regional Rural Banks

d.NBFCS

43. 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

44. A raise in the price of a product causes

a.a decrease in competition

b.an increase in competition

c.a decrease in supply

d.an increase in demand

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

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

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

46. 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.Bank Rate

c.Prime Lending Rate

d.Statutory Lending Rate

47. Inclusive unionism is practiced mostly by

a.industrial unions

b.professional and semiprofessional employees

c.craft unions

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

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

a.Cadbury

b.Parry's

c.Nutrine

d.Lotte

49. Regulatory policies protect consumers by

a.overseeing and limiting businesses

b.deciding how to tax and spend money

c.providing public assistance programs

d.controlling the supply of money

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

a.Nasdaq

b.Mumbai Stock Exchange

c.New York Stock Exchange

d.London Stock Exchange

51. Fixed cost per unit increases when

a.production volume increases

b.variable cost per unit increases

c.production volume decreases

d.variable cost per unit decreases

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

a. Pfizer

b.Galaxo Smith Kline

c.Paras Pharma

d.Henz

53. The partnership form of business organization is

a.only to shares

b.no shares

c.Doesn't exist

d.More than two shares

54. A monopoly is a market that has

a.single buyer

b.single seller and single buyer

c.a seller but no buyer

d.single seller

55. Black markets are associated with

a.Ceiling prices and the resulting product surpluses

b.Ceiling prices and the resulting product shortages

c.Price floors and the resulting product shortages

d.Price floors and the resulting product surpluses

56. Capital budgeting is primarily concerned with

a.planning future financing needs

b.capital formation in the economy

c.evaluating investment alternatives

d.minimizing the cost of capital

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

a.Jet Airways

b.Indian Airlines

c.Lufthansa

d.Fly Emirates

58. A market is said to be in equilibrium when

a.Supply equals demand

b.There is downward pressure on price

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

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

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

a.in the order of acquisition.

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

c.with the largest dollar amounts first.

d.in alphabetical order

60. A trial balance will not balance if

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

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

c.None of the above

d.correct journal entry is posted twice

61. Performance goals are used to

a.determine a worker's attitude

b.measure effectiveness, but not efficiency

c.measure productivity

d.communicate nonverbally

62. Which of the following does not motivate entrepreneurs?

a.Freedom

b.Profit

c.Innovation

d.Security

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

a.Nikhil Meswani

b.Ashoka Chauhan

c.Ravi Jaipuria

d.Anu Agha

64. Product costs are also called

a.Vulnerable Costs

b.Inventoriable Costs

c.Voluntary Costs

d.None of the above

65. What is the main motive behind dealer incentives?

a.maintaining good dealer-manufacturer relationships

b.ensuring that the customer gets the best possible deal

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

d.to maintain a permanent deal

66. For a good that is a luxury demand

a.cannot be represented

b.tends to be elastic

c.tends to be inelastic

d.has unit elasticity

67. Ratio analysis can be useful for

a.Evaluate sales

b.Evaluate financial performance of a company

c.None of the above

d.To improve profits of a company

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

a.WNS

b.Spectramind

c.Optimus

d.Progeon

69. The primary goal of a business firm is to

a.make a quality product

b.promote workforce job satisfaction

c.increase its production

d.maximize profit

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

a.Deccan Chronicle

b.Hindustan times

c.The Hindu

d.Times of India

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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