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. The advantages of being an entrepreneur are

a.Opportunity to be your own boss

b.making the important decisions

c.Making the important decisions

d.All of the above

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

a.Bank Rate

b.Statutory Lending Rate

c.Sub-Prime Lending Rate

d.Prime Lending Rate

3. An improvement in production technology will

a.increase equilibrium price

b.shift the supply curve to the right

c.shift the demand curve to the left

d.shift the supply curve to the left

4. An increase in the price of a good will

a.decrease quantity demanded

b.decrease demand

c. increase quantity demanded

d.increase demand

5. The buying and selling of goods is called

a.Business

b.Commerce

c.Trade

d.Telecommunication

6. Effective sales management begins with

a.designing a compensation plan

b.determining the most efficient structure for the sales force

c.pecifying the sales force size

d.determining sales goals

7. What is the main motive behind dealer incentives?

a.maintaining good dealer-manufacturer relationships

b.to maintain a permanent deal

c.ensuring that the customer gets the best possible deal

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

8. The ability of a corporation to obtain capital is

a.about the same as a partnership

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

c.less than a partnership

d.restricted because of the limited life of the corporation

9. 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

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

a.A town zones an area for residential buildings only

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

c.All of the above

d.A surplus of supply

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

a.Times of India

b.Hindustan times

c.The Hindu

d.Deccan Chronicle

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

a.PepsiCo

b.Rasna

c.Coca Cola

d.McDonald

13. Which of the following does not motivate entrepreneurs?

a.Profit

b.Security

c.Freedom

d.Innovation

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

a.Customer needs

b.Customer value

c.Products and services

d.Improved quality

15. 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 purchased by ultimate users, rather than for resale or further processing

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

16. Seagate is manufacturer of

a.picture tube

b.harddisk

c.banking software

d.earth moving equipment

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

a.$275 million

b.$375 million

c.$575 million

d.$475 million

18. 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

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

a.Ravi Jaipuria

b.Ashoka Chauhan

c.Nikhil Meswani

d.Anu Agha

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

a.Hutch

b.Bharti Televenture

c.Reliance Telecom

d.Idea

21. A monopoly is a market that has

a.single seller and single buyer

b.single seller

c.a seller but no buyer

d.single buyer

22. 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 a commercial arm of the Department of Science and Technology.

d.It is under the administrative control of the Ministry of Health and Family Welfare

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

a.Parry's

b.Cadbury

c.Nutrine

d.Lotte

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

a.55 years

b.70 years

c.60 years

d.65 years

25. Business transaction are recorded

a.Weekly

b.Any of the above

c.At the end of the month

d.In chronologial order

26. Product costs are also called

a.None of the above

b.Inventoriable Costs

c.Voluntary Costs

d.Vulnerable Costs

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

a.Benefit exceeds its marginal cost

b.Benefit deceeds its marginal cost

c.None of the above

d.Marginal cost exceeds its benefit

28. Capital budgeting is primarily concerned with

a.capital formation in the economy

b.minimizing the cost of capital

c.evaluating investment alternatives

d.planning future financing needs

29. 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

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

a.Optimus

b.Spectramind

c.WNS

d.Progeon

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

a.Postal Payments Bank

b.Aditya Birla Payments Bank

c.Paytm Payments Bank

d.Airtel Payments Bank

32. The supply curve for a monopolist is

a.Horizontal

b.Dowward sloping

c.Vertical

d.Doesn't exist

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

a.Axis Bank

b.HDFC Bank

c.ICICI Bank

d.SBI

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

d.units completed by a production department in the period

35. A business organized as a corporation

a.Is owned by its stockholders

b.Is not a separate legal entity in most states

c.Has tax advantages over a proprietorship or partnership

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

36. 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

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

a.Regional Rural Banks

b.NBFCS

c.Payment Banks

d.Small Finance Banks

38. For a good that is a luxury demand

a.cannot be represented

b.tends to be elastic

c.has unit elasticity

d.tends to be inelastic

39. The primary goal of a business firm is to

a.increase its production

b.promote workforce job satisfaction

c.make a quality product

d.maximize profit

40. A binding price floor causes

a.No demand for the goods

b.Excess demand for the goods

c.Surplus supply of goods

d.Less supply of goods

41. Debts owed by a business are referred to as

a.Owner's Equity

b.Credits

c.Account receivables

d.Liabilities

42. A raise in the price of a product causes

a.an increase in demand

b.a decrease in supply

c.an increase in competition

d.a decrease in competition

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.Control

b.Analyze

c.Improve

d.Design

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

a.Malaysia

b.Singapore

c.Mauritius

d.Japan

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

a.NS Vishwanathan

b.BP Kanungo

c.Michael Debabrata Patra

d.Viral Acharya

46. 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.goods are produced at home

d.group of cottages that serves as factory

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

a.Lufthansa

b.Jet Airways

c.Fly Emirates

d.Indian Airlines

48. Regulatory policies protect consumers by

a.controlling the supply of money

b.overseeing and limiting businesses

c.deciding how to tax and spend money

d.providing public assistance programs

49. Black markets are associated with

a.Price floors and the resulting product surpluses

b.Price floors and the resulting product shortages

c.Ceiling prices and the resulting product surpluses

d.Ceiling prices and the resulting product shortages

50. Total asset turnover is used to evaluate

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

b.The cash flows used to acquire assets

c.The need for asset replacement

d.The relation between asset cost and book value

51. An example of an on premise establishment is

a.None of the above

b.Both a and b

c.A restaurant that sells mixed drinks

d.A local pub

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

a.ICRA

b.CARE

c.CRISIL

d.RBI

53. Mike McNamara is the founder of

a.Pepsico

b.Citibank

c.American Express

d.Standard Chartered

54. Performance goals are used to

a.measure effectiveness, but not efficiency

b.measure productivity

c.communicate nonverbally

d.determine a worker's attitude

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

a.GM

b.Ford

c.Hyundai

d.Maruti Suzuki

56. A major purpose of cost accounting is to

a.measure, record and report product costs

b.All of the above

c.classify all the product costs

d.to provide information to stockholders for investment decisions

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

a.Galaxo Smith Kline

b.Paras Pharma

c. Pfizer

d.Henz

58. A market is said to be in equilibrium when

a.There is downward pressure on price

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

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

d.Supply equals demand

59. A trial balance will not balance if

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

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.correct journal entry is posted twice

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

a.in alphabetical order

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

c.in the order of acquisition.

d.with the largest dollar amounts first.

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

a.Acceptance of demand deposits

b.Lending services

c.Internet banking

d.Remittance services

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

a.Cement

b.Travel ad Tourism

c.Software

d.Advertising

63. Inclusive unionism is practiced mostly by

a.craft unions

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

c.industrial unions

d.professional and semiprofessional employees

64. Quality assurance is an example of which process?

a.Manufacturing

b.Testing

c.Delivering

d.None of the above

65. 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

66. The demand curve facing a perfectly competitive firm is

a.Line sloping downwards

b.Horizontal line

c.Vertical line

d.Line sloping upwards

67. 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

68. The partnership form of business organization is

a.no shares

b.More than two shares

c.only to shares

d.Doesn't exist

69. Ratio analysis can be useful for

a.To improve profits of a company

b.Evaluate financial performance of a company

c.None of the above

d.Evaluate sales

70. What does IMF stand for?

a.International Monetary Fund

b.Institute of Monetary Finance

c.Indian Money Fund

d.International Machine Federation

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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