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. The partnership form of business organization is

a.only to shares

b.no shares

c.More than two shares

d.Doesn't exist

2. Effective sales management begins with

a.designing a compensation plan

b.determining sales goals

c.determining the most efficient structure for the sales force

d.pecifying the sales force size

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

a.The Hindu

b.Hindustan times

c.Times of India

d.Deccan Chronicle

4. An improvement in production technology will

a.shift the supply curve to the left

b.shift the demand curve to the left

c.increase equilibrium price

d.shift the supply curve to the right

5. Quality assurance is an example of which process?

a.Testing

b.None of the above

c.Delivering

d.Manufacturing

6. The supply curve for a monopolist is

a.Horizontal

b.Vertical

c.Doesn't exist

d.Dowward sloping

7. 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.Sub-Prime Lending Rate

c.Statutory Lending Rate

d.Bank Rate

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

a.Customer value

b.Improved quality

c.Customer needs

d.Products and services

9. Final goods and services refer to

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

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

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

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

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

a.None of the above

b.Benefit exceeds its marginal cost

c.Benefit deceeds its marginal cost

d.Marginal cost exceeds its benefit

11. An increase in the price of a good will

a. increase quantity demanded

b.decrease quantity demanded

c.decrease demand

d.increase demand

12. Inclusive unionism is practiced mostly by

a.craft unions

b.professional and semiprofessional employees

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

d.industrial unions

13. 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.people work at industries leaving their homes

d.goods are produced at home

14. 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

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

a.Henz

b.Paras Pharma

c.Galaxo Smith Kline

d. Pfizer

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

a.$575 million

b.$375 million

c.$475 million

d.$275 million

17. A monopoly is a market that has

a.a seller but no buyer

b.single seller

c.single buyer

d.single seller and single buyer

18. Capital budgeting is primarily concerned with

a.evaluating investment alternatives

b.capital formation in the economy

c.planning future financing needs

d.minimizing the cost of capital

19. The ability of a corporation to obtain capital is

a.less than a partnership

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

c.restricted because of the limited life of the corporation

d.about the same as a partnership

20. For a good that is a luxury demand

a.has unit elasticity

b.tends to be elastic

c.tends to be inelastic

d.cannot be represented

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

a.Parry's

b.Cadbury

c.Lotte

d.Nutrine

22. 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

23. Product costs are also called

a.Inventoriable Costs

b.None of the above

c.Voluntary Costs

d.Vulnerable Costs

24. Other things equal an improvement in productivity will

a.shift the aggregate supply curve to the right

b.shift the aggregate demand curve to the left

c.shift the aggregate supply curve to the left

d.increase the equilibrium price level

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

a.Cement

b.Advertising

c.Software

d.Travel ad Tourism

26. Debts owed by a business are referred to as

a.Liabilities

b.Credits

c.Account receivables

d.Owner's Equity

27. The demand curve facing a perfectly competitive firm is

a.Line sloping upwards

b.Line sloping downwards

c.Horizontal line

d.Vertical line

28. A business organized as a corporation

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

b.Has tax advantages over a proprietorship or partnership

c.Is owned by its stockholders

d.Is not a separate legal entity in most states

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

a.Lufthansa

b.Jet Airways

c.Fly Emirates

d.Indian Airlines

30. 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

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

a.Progeon

b.WNS

c.Spectramind

d.Optimus

32. Equivalent units of production are equal to

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

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

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

d.units completed by a production department in the period

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

a.London Stock Exchange

b.Mumbai Stock Exchange

c.New York Stock Exchange

d.Nasdaq

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

a.Hyundai

b.GM

c.Maruti Suzuki

d.Ford

35. The factors that affect worker productivity include

a.expenditures for best practices training

b.All of the above

c.base pay increases

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

36. Ratio analysis can be useful for

a.Evaluate sales

b.To improve profits of a company

c.None of the above

d.Evaluate financial performance of a company

37. Fixed cost per unit increases when

a.variable cost per unit increases

b.production volume decreases

c.variable cost per unit decreases

d.production volume increases

38. Business transaction are recorded

a.Any of the above

b.Weekly

c.In chronologial order

d.At the end of the month

39. Mike McNamara is the founder of

a.American Express

b.Citibank

c.Standard Chartered

d.Pepsico

40. 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

41. Regulatory policies protect consumers by

a.controlling the supply of money

b.overseeing and limiting businesses

c.providing public assistance programs

d.deciding how to tax and spend money

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

a.DRI

b.NEFT

c.OLTAS

d.MANI

43. 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

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

a.NBFCS

b.Regional Rural Banks

c.Payment Banks

d.Small Finance Banks

45. 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.None of the above

c.correct journal entry is posted twice

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

46. The primary goal of a business firm is to

a.maximize profit

b.make a quality product

c.promote workforce job satisfaction

d.increase its production

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

a.Rasna

b.Coca Cola

c.McDonald

d.PepsiCo

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

a.ICRA

b.CARE

c.CRISIL

d.RBI

49. 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

50. Which of the following does not motivate entrepreneurs?

a.Freedom

b.Innovation

c.Security

d.Profit

51. 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

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

a.Ashoka Chauhan

b.Anu Agha

c.Ravi Jaipuria

d.Nikhil Meswani

53. 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

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

a.A surplus of supply

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

c.A town zones an area for residential buildings only

d.All of the above

55. 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

56. The buying and selling of goods is called

a.Trade

b.Telecommunication

c.Commerce

d.Business

57. A binding price floor causes

a.Surplus supply of goods

b.No demand for the goods

c.Excess demand for the goods

d.Less supply of goods

58. A raise in the price of a product causes

a.an increase in demand

b.a decrease in competition

c.an increase in competition

d.a decrease in supply

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

a.Reliance Telecom

b.Idea

c.Hutch

d.Bharti Televenture

60. 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.in alphabetical order

c.in the order of acquisition.

d.with the largest dollar amounts first.

61. 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.

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

a.Singapore

b.Mauritius

c.Malaysia

d.Japan

63. 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

64. 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.ensuring that the customer gets the best possible deal

d.maintaining good dealer-manufacturer relationships

65. Seagate is manufacturer of

a.earth moving equipment

b.harddisk

c.picture tube

d.banking software

66. What does IMF stand for?

a.International Monetary Fund

b.Indian Money Fund

c.International Machine Federation

d.Institute of Monetary Finance

67. Performance goals are used to

a.measure productivity

b.measure effectiveness, but not efficiency

c.communicate nonverbally

d.determine a worker's attitude

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

a.Aditya Birla Payments Bank

b.Airtel Payments Bank

c.Paytm Payments Bank

d.Postal Payments Bank

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

a.shift left

b.None of the above

c.shift right

d.shift up

70. 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

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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