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

a.Hindustan times

b.The Hindu

c.Deccan Chronicle

d.Times of India

2. 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

3. 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

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

a.Products and services

b.Improved quality

c.Customer needs

d.Customer value

5. 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.Sub-Prime Lending Rate

c.Prime Lending Rate

d.Statutory Lending Rate

6. Seagate is manufacturer of

a.earth moving equipment

b.banking software

c.picture tube

d.harddisk

7. 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

8. Capital budgeting is primarily concerned with

a.evaluating investment alternatives

b.planning future financing needs

c.capital formation in the economy

d.minimizing the cost of capital

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

a.people work at industries leaving their homes

b.people of same colony work at same place

c.goods are produced at home

d.group of cottages that serves as factory

10. 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

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

a.Nutrine

b.Cadbury

c.Lotte

d.Parry's

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

a.WNS

b.Optimus

c.Spectramind

d.Progeon

13. A raise in the price of a product causes

a.an increase in demand

b.a decrease in supply

c.a decrease in competition

d.an increase in competition

14. What does IMF stand for?

a.International Machine Federation

b.Institute of Monetary Finance

c.Indian Money Fund

d.International Monetary Fund

15. A business organized as a corporation

a.Is not a separate legal entity in most states

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

c.Is owned by its stockholders

d.Has tax advantages over a proprietorship or partnership

16. 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

17. Effective sales management begins with

a.designing a compensation plan

b.determining the most efficient structure for the sales force

c.determining sales goals

d.pecifying the sales force size

18. 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.increase the equilibrium price level

d.shift the aggregate supply curve to the left

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

a.Postal Payments Bank

b.Airtel Payments Bank

c.Aditya Birla Payments Bank

d.Paytm Payments Bank

20. 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

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

a.Michael Debabrata Patra

b.BP Kanungo

c.Viral Acharya

d.NS Vishwanathan

22. The partnership form of business organization is

a.Doesn't exist

b.More than two shares

c.no shares

d.only to shares

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

a.Marginal cost exceeds its benefit

b.Benefit deceeds its marginal cost

c.Benefit exceeds its marginal cost

d.None of the above

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

a.Malaysia

b.Mauritius

c.Japan

d.Singapore

25. 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

26. Debts owed by a business are referred to as

a.Account receivables

b.Liabilities

c.Owner's Equity

d.Credits

27. Product costs are also called

a.Voluntary Costs

b.Inventoriable Costs

c.None of the above

d.Vulnerable Costs

28. 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

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

a.Hyundai

b.Maruti Suzuki

c.Ford

d.GM

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

a. Pfizer

b.Galaxo Smith Kline

c.Henz

d.Paras Pharma

31. The primary goal of a business firm is to

a.promote workforce job satisfaction

b.maximize profit

c.make a quality product

d.increase its production

32. 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 Industrial Policy and Promotion.

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

33. 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.units completed by a production department in the period

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

34. The buying and selling of goods is called

a.Telecommunication

b.Commerce

c.Business

d.Trade

35. An increase in the price of a good will

a.decrease demand

b.increase demand

c. increase quantity demanded

d.decrease quantity demanded

36. Quality assurance is an example of which process?

a.Delivering

b.Manufacturing

c.None of the above

d.Testing

37. Regulatory policies protect consumers by

a.overseeing and limiting businesses

b.providing public assistance programs

c.controlling the supply of money

d.deciding how to tax and spend money

38. The advantages of being an entrepreneur are

a.All of the above

b.Opportunity to be your own boss

c.Making the important decisions

d.making the important decisions

39. The demand curve facing a perfectly competitive firm is

a.Line sloping downwards

b.Horizontal line

c.Line sloping upwards

d.Vertical line

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

a.Indian Airlines

b.Jet Airways

c.Lufthansa

d.Fly Emirates

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

a.OLTAS

b.DRI

c.MANI

d.NEFT

42. The ability of a corporation to obtain capital is

a.restricted because of the limited life of the corporation

b.about the same as a partnership

c.less than a partnership

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

43. 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

44. A major purpose of cost accounting is to

a.All of the above

b.classify all the product costs

c.measure, record and report product costs

d.to provide information to stockholders for investment decisions

45. Which of the following does not motivate entrepreneurs?

a.Freedom

b.Profit

c.Innovation

d.Security

46. What is the main motive behind dealer incentives?

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

b.ensuring that the customer gets the best possible deal

c.to maintain a permanent deal

d.maintaining good dealer-manufacturer relationships

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

a.$275 million

b.$575 million

c.$375 million

d.$475 million

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

a.McDonald

b.Rasna

c.PepsiCo

d.Coca Cola

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

a.ICICI Bank

b.Axis Bank

c.SBI

d.HDFC Bank

50. Performance goals are used to

a.measure effectiveness, but not efficiency

b.measure productivity

c.determine a worker's attitude

d.communicate nonverbally

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

a.with the largest dollar amounts first.

b.in the order of acquisition.

c.in alphabetical order

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

52. An improvement in production technology will

a.shift the supply curve to the left

b.increase equilibrium price

c.shift the demand curve to the left

d.shift the supply curve to the right

53. A monopoly is a market that has

a.single seller and single buyer

b.single buyer

c.single seller

d.a seller but no buyer

54. Black markets are associated with

a.Ceiling prices and the resulting product shortages

b.Price floors and the resulting product shortages

c.Ceiling prices and the resulting product surpluses

d.Price floors and the resulting product surpluses

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

a.Lending services

b.Internet banking

c.Acceptance of demand deposits

d.Remittance services

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

a.Nasdaq

b.New York Stock Exchange

c.Mumbai Stock Exchange

d.London Stock Exchange

57. Business transaction are recorded

a.Weekly

b.In chronologial order

c.At the end of the month

d.Any of the above

58. 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

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

a.Cement

b.Advertising

c.Travel ad Tourism

d.Software

60. The factors that affect worker productivity include

a.All of the above

b.expenditures for best practices training

c.base pay increases

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

61. Ratio analysis can be useful for

a.Evaluate sales

b.To improve profits of a company

c.Evaluate financial performance of a company

d.None of the above

62. 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 restriction on when a union may call a strike

d.A surplus of supply

63. 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

64. 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

65. Mike McNamara is the founder of

a.American Express

b.Citibank

c.Standard Chartered

d.Pepsico

66. The supply curve for a monopolist is

a.Horizontal

b.Doesn't exist

c.Dowward sloping

d.Vertical

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

a.CRISIL

b.ICRA

c.RBI

d.CARE

68. 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

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

a.Bharti Televenture

b.Idea

c.Hutch

d.Reliance Telecom

70. 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.NBFCS

d.Regional Rural Banks

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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