Description : What are the important external factors that constitute the economic environment of Business ? A. economic condition B. economic policy C. economic system D. all of the above
Last Answer : D. all of the above
Description : Laissez Faire policy is adopted in A. Socialist Economic system B. Capitalist Economic system C. Mixed Economic System D. Communist Economic System
Last Answer : B. Capitalist Economic system
Description : ________ is an economic system based on the principal of free enterprise. A. Capitalism B. Socialism C. Mixed Economy D. Marxism
Last Answer : A. Capitalism
Description : When was the world’s first laptop computer introduced in the market and by whom? a. Hewlett-Packard b. Epson, 1981 c. Laplink traveling software Inc. 1982 d. Tandy model-2000, 1985
Last Answer : b. Epson, 1981
Description : Match the following components of Business Environment. (a) Economic Environment (i) Exim Policy (b) Social Environment (ii) Customs (c) Political Environment (iii) Social values (d) Legal Environment (iv) Business Law and Banking Act (a) ... (ii) (iv) (a) (b) (c) (d) D. (i) (ii) (iv) (iii)
Last Answer : (i) (ii) (iii) (iv) (a) (b) (c) (d)
Description : Which is true for existing Economic and Industrial policies of Indian Government ? (i) FERA was abolished (ii) MRTP was abolished (iii) Cash compensatory support for export was abolished (iv) Industrial Licensing (except a few ... (iii) and (iv) C. Only (iii) and (iv) D. Only (ii) and (iii)
Last Answer : C. Only (iii) and (iv)
Description : Read the following statements and choose the correct answer (i) Political environment refers to all forces which have an economic impact on business (ii) Economic environment refers to all forces which have an economic impact ... C. (i), (ii) and (iv) are true D. all the statements are false
Last Answer : C. (i), (ii) and (iv) are true
Description : Which among these is not an objective of planning? A. Economic growth B. Setting of heavy industries C. Modernisation D. None of these
Last Answer : B. Setting of heavy industries
Description : What is the responsibility of the logical unit in the CPU of a computer? a. To produce result b. To compare numbers c. To control flow of information d. To do math’s works
Last Answer : b. To compare numbers
Description : To produce high quality graphics (hardcopy) in color, you would want to use a/n a. RGB monitor b. Plotter c. Ink-jet printer d. Laser printer
Last Answer : b. Plotter
Description : An output device that uses words or messages recorded on a magnetic medium to produce audio response is b. Magnetic tape c. Voice response unit d. Voice recognition unit e. Voice band
Last Answer : b. Magnetic tape
Description : Double entry system is used in which type of accounting a) Cost b)Financial c) Management d) All
Last Answer : b)Financial
Description : Which was the world’s first minicomputer and when was it introduced? a. PDP-I, 1958 b. IBM System/36, 1960 c. PDP-II, 1961 d. VAX 11/780, 1962
Last Answer : a. PDP-I, 1958
Description : An IBM system/38 represents the computer class of: a. Small scale computer b. Medium scale computer c. Large scale computer d. Super computer
Last Answer : a. Small scale computer
Description : In the third Generation of computers a. Distributed data processing first became popular b. An operating system was first developed c. High level procedural language were first used d. Online real time systems first become popular
Last Answer : d. Online real time systems first become popular
Description : Which of the following memory medium is not used as main memory system? a. Magnetic core b. Semiconductor c. Magnetic tape d. Both a and b
Last Answer : c. Magnetic tape
Description : The processes of starting or restarting a computer system by loading instructions from a secondary storage device into the completer memory is called a. Duping b. Booting c. Padding d. All of above
Last Answer : b. Booting
Description : A term associated with the comparison of processing speeds of different computer system is: a. EFTS b. MPG c. MIPS d. CFPS
Last Answer : c. MIPS
Description : The most commonly used standard data code to represent alphabetical, numerical and punctuation characters used in electronic data processing system is called a. ASCII b. EBCDIC c. BCD d. All of above
Last Answer : a. ASCII
Description : A high quality CAD system uses the following for printing drawing and graphs a. Dot matrix printer b. Digital plotter c. Line printer d. All of the above
Last Answer : b. Digital plotter
Description : The brain of any computer system is a. ALU b. Memory c. CPU d. Control unit
Last Answer : c. CPU
Description : An input /output device at which data enters or leaves a computer system is a. Keyboard b. Terminal c. Printer d. Plotter
Last Answer : b. Terminal
Description : An online backing storage system capable of storing larger quantities of data is a. CPU b. Memory c. Mass storage d. Secondary storage
Last Answer : c. Mass storage
Description : the storage capacity of a disk system depends on the bits per inch of track and the tracks per inch of a. Cylinder b. Hum c. Cluster d. Surface
Last Answer : d. Surface
Description : A method of implementing a memory management system is a. Buddy system b. Bridgeware c. Broadband coaxial system d. All of the above
Last Answer : a. Buddy system
Description : Which of the following is used only for data entry and storage, and never for processing? a. Mouse b. Dumb terminal c. Micro computer d. Dedicated data entry system
Last Answer : b. Dumb terminal
Description : The first digital computer built with IC chips was known as e. IBM 7090 f. Apple – 1 g. IBM System / 360 h. VAX-10
Last Answer : g. IBM System / 360
Description : programs designed to perform specific tasks is known as a. system software b. application software c. utility programs d. operating system
Last Answer : b. application software
Description : The system unit of a personal computer typically contains all of the following except: a. Microprocessor b. Disk controller c. Serial interface d. Modem
Last Answer : d. Modem
Description : IMB launched its first personal computer called IBM-PC in 1981. It had chips from Intel, disk drives from Tandon, operating system from Microsoft, the printer from Epson and the application software from ... country which contributed the video display? a. India b. China c. Germany d. Taiwan
Last Answer : d. Taiwan
Description : Personnel who design, program, operate and maintain computer equipment refers to a. Console-operator b. Programmer c. Peopleware d. System Analyst
Last Answer : c. Peopleware
Description : MSI stands for a. Medium Scale Integrated Circuits b. Medium System Integrated Circuits c. Medium Scale Intelligent Circuit d. Medium System Intelligent Circuit
Last Answer : a. Medium Scale Integrated Circuits
Description : Which among these is a factor affecting business Environment? A. Value System B. Human Resources C. Both (A) and (B) D. Neither (A) nor (B.
Last Answer : C. Both (A) and (B)
Description : ……………. are not machine instructions and therefore, Java interpreter generates machine code that can be directly executed by the machine that is running the Java program. A) Compiled Instructions B) Compiled code C) byte code D) Java mid code
Last Answer : C) byte code
Description : DBMS is a collection of ………….. that enables user to create and maintain a database. A) Keys B) Translators C) Program D) Language Activity
Last Answer : C) Program
Description : Financial accounting is concerned with – a) Recording of business expenses and revenue b) Recording of costs of products and services c) Recording of day to day business transactions d) None of the above
Last Answer : c) Recording of day to day business transactions
Description : Cash discount allowed to a debtor should be credited to a) Discount account b)Customer’s account c) Sales account d) Cash account
Last Answer : b)Customer’s account
Description : Rent paid to landlord should be credited to a) Landlords account b) Rent account c)Cash account d) Expense account
Last Answer : c)Cash account
Description : Sales made to Mahesh for cash should be debited to________________ a) Cash account b) Mahesh Account c) Sales account d) Purchase account
Last Answer : a) Cash account
Description : Matching concept means A] Assets = capital + liabilities B] Transactions recorded at accrual concept C] Anticipate no profit but recognize all losses D] Expenses should be matched with the revenue of the period.
Last Answer : D] Expenses should be matched with the revenue of the period.
Description : The rule debit all expenses and losses and credit all income and gains relates to A] Personal account B] Real account C] Nominal accounts D] All
Last Answer : C] Nominal accounts
Description : An asset was purchased for Rs.1000000 with the down payment of Rs.200000 and bills accepted for Rs.800000/-What would be the effect on the total asset and total liabilities in the ... and liabilities increased by Rs.800000 D] Assets increased by Rs.800000 and liabilities increased by Rs.800000
Last Answer : D] Assets increased by Rs.800000 and liabilities increased by Rs.800000
Description : Which of the following is not the main objective of accounting? A] Systematic recording of transactions B] Ascertaining profit or loss C] Ascertainment of financial position D] Solving tax disputes with tax authorities
Last Answer : D] Solving tax disputes with tax authorities
Description : Profit and loss is calculated at the stage of A] Recording B] Posting C] Classifying D] Summarising
Last Answer : D] Summarising
Description : The comparison of financial statement of one year with that of another is possible only when ----------------concept is followed A] Going concern B] Accrual C] Consistency D] Materiality
Last Answer : C] Consistency
Description : Historical cost concept requires the valuation of an asset at A] Original cost B] Replacement value C] Net realizable value D] Market value
Last Answer : A] Original cost
Description : For every debit there will be an equal creditaccording to A] Matching concept B] cost concept C] Money measurement concept D] Dual aspect concept
Last Answer : D] Dual aspect concept