Description : Letter of Credit is issued by a. IMF b. WTO c. Importer’s Bank d. Exporters Bank
Last Answer : c. Importer’s Bank
Description : A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order
Last Answer : d. Banker’s Cheque/Pay Order
Description : Company operating in India which has its Headquarters in USA is a ………………. . a.Trans National Company b. Multinational Company c. Public Company d. National Company
Last Answer : b. Multinational Company
Description : The entry of the multinational companies in large numbers in the Indian market has created ……………………. . a. Huge Demand b. Huge Supply c. Tough Competition d. Huge Demand and Supply
Last Answer : c. Tough Competition
Description : Mr. Dutta owns a Textile Company and he has a tie up with Advertising Agencies ABC ltd. and ABC advertises Mr. Dutta’s Companies’ Products. Identify the concept. a. Delegation b. De Centralization c. Out sourcing d. Division of work
Last Answer : c. Out sourcing
Description : Departmental undertakings, statutory corporations and government companies comes under the category of a. Public Private Partnership b. Private Sector Enterprises b. Incorporated Enterprises d. Public or State Enterprises
Last Answer : d. Public or State Enterprises
Description : Which of the following needs of the employees are satisfied by the non-financial motivation? a. Social b. Esteem c. Self Actualization d. All the above
Last Answer : d. All the above
Description : Which of the following cannot file a complaint? a. Individual consumer b. Consumer association that has not been registered c. Central Government d. State Government
Last Answer : b. Consumer association that has not been registered
Description : Which of the following is not the example of unfair trade practice? a. Wrong information about goods/services b. Compelling consumers to buy gas stove while getting gas connection c. Not observing prescribed standards d. Indulging in Hoarding
Last Answer : b. Compelling consumers to buy gas stove while getting gas connection
Description : ‘Don’t purchase in haste’, this important ………………. of the consumers. a. Responsibility b. Right c. Act d. All the above
Last Answer : a. Responsibility
Description : Which of the following is the example of Dunlop? a. Branding b. Brand c. Brand Name d. Brand Mark
Last Answer : c. Brand Name
Description : Under which philosophy of marketing, efforts are made to bring down the cost of production to the minimum? a. Production Concept b. Product Concept c. Marketing concept d. Selling Concept
Last Answer : a. Production Concept
Description : Educating the investors is the …………………….. function of SEBI. a. Protective b. Regulatory c. Both the above d. Developmental
Last Answer : a. Protective
Description : Primary market is associated with ……………………. Issues. a. Old b. New c. Old and New d. Very Old
Last Answer : b. New
Description : There is more need of working capital in business where demand is to be seasonal. What out of the following is the cause? a. Capital remains stuck up for a long time in the raw material b. Capital ... stuck up for a long time in the manufactured goods. c. Both of these d. More machines are needed
Last Answer : c. Both of these
Description : The importance of ‘Trading on Equity’ lies in the fact that if the company is earning more profit, it can make use of borrowed capital and preference share capital and by doing so, it can increase the income of: a. Preference Shareholders b. Lenders c. Equity Shareholders d. Government
Last Answer : c. Equity Shareholders
Description : Without ………………..no business planning can be successfully implemented. a. Dividend decision b. Investment decision c. Both (a) and (b) d. Financial Planning
Last Answer : d. Financial Planning
Description : Controlling function of an organization is: a. Forward looking b. Backward looking c. Forward as well as backward looking d. None of these
Last Answer : c. Forward as well as backward looking
Description : First step in the controlling process is: a. Taking corrective action b. Analyzing the deviation c. Determining Standards d. Measurement of actual progress
Last Answer : c. Determining Standards
Description : ‘Wrong interpretation of message’- What type of communication barrier is it? a. Semantic b. Emotional c. Organizational d. Personal
Last Answer : a. Semantic
Description : Under the training method, both the technical institutes and business organizations jointly impart training to their members? a. Inductions Training b. Apprenticeship Training c. Vestibule Training d. Internship Training
Last Answer : d. Internship Training
Description : Which source of recruitment is not available to the new organizations? a. Internal b. External c. Both (a) and (b) d. Direct Recruitment
Last Answer : a. Internal
Description : What is the relationship between human resource development and staffing? a. Human resource management is bigger than staffing b. Staffing is bigger than human resource management c. Both are equal d. There is no relation between the two
Last Answer : a. Human resource management is bigger than staffing
Description : What is the basis of delegation of authority? a. Centralization b. Decentralization c. Both (a) and (b) d. Division of Labor
Last Answer : d. Division of Labor
Description : In which situation the divisional structure happens to be appropriate? a. Where the number of major products is more than one b. Where the size of the organization is quite large c. Both (a) and (b) d. Where primarily only one product is sold
Last Answer : c. Both (a) and (b)
Description : Which organization structure does not have duplication of work? a. Formal b. Informal c. Both (a) and (b) d. None of these
Last Answer : a. Formal
Description : It is not the feature of Budget: a. Budget creates illusion b. Budget is an element of planning c. Budget relates to planning and control d. Budgets are object oriented
Last Answer : a. Budget creates illusion
Description : Planning results in decreasing ……………………… . a. Coordination b. Proper use of resources c. Future uncertainties d. Control
Last Answer : coordination
Description : With the introduction of Photostat Machine in the market, the carbon paper industry was adversely affected. Which component of environment was responsible for it? a. Economic b. Political c. Technical d. All the above
Last Answer : c. Technical
Description : ‘She/he keeps machines, materials, tools, etc., ready for operations by concerned workers.’ Whose work is described by this sentence under functional foremanship? a. Instructions Card Clerk b. Repair Boss c. Gang Boss d. Route Clerk
Last Answer : c. Gang Boss
Description : A purchase manager of a company has to purchase 500 tones of raw material. Apart from the other suppliers in the market, his son also supplies that raw material. The manager purchases the ... Unity of Command b. Unity of Directions c. Subordination personal interest to general interest d. Equity
Last Answer : c. Subordination personal interest to general interest
Description : Which of the following according to Fayol, happens to be meaning of division of work? a. Equitable division of the whole work among the persons available b. Allotting a specific part of the whole work to every person c. Both the above d. None of these.
Last Answer : b. Allotting a specific part of the whole work to every person
Description : Coordination is not a separate function of management but it happens to be the final truth of all functions In what context this observation has been made? a. Coordination is the ... Coordination is not established automatically c. Coordination is a continuously moving process d. None of these
Last Answer : a. Coordination is the essence of management
Description : Levels of management in an organization serve as a ……………..line among the different managerial posts. a. Strong b. Dividing c. Weak d. Straight
Last Answer : b. Dividing
Description : Right given to the Literary / Literature work, Artistic Craftsmanship, Engineering drawing and Software is a. Trademark b. Copyright c. Patent d. Industrial Design
Last Answer : b. Copyright
Description : …………………. Is a form of E - Currency that exists only in cyber space. a. ATM Card b. Credit Card c. Digital Cash d. Debit Card
Last Answer : c. Digital Cash
Description : Ethics are related to a. Medical b. Law c. Business d. All of the above
Last Answer : d. All of the above
Description : Institution set up with a view to provide integrated Administrative framework at District Level is a. NSIC b. DIC c. RWED d. NABARD
Last Answer : b. DIC
Description : Which slip is used in a Bank while depositing money? a. Depository slip b. Withdrawal slip c. Pay-in-Slip d. No Slip is used.
Last Answer : c. Pay-in-Slip
Description : Which document is called as ‘Doctrine of Outdoor Management’? a. Memorandum of Association b. Article of Association c. Prospectus d. Certificate of Commencement.
Last Answer : a. Memorandum of Association
Description : Input IGST is levied on a. Interstate purchase b. Intra city purchase c. Intercity purchase d. Intra State Purchase
Last Answer : a. Interstate purchase
Description : Exchanging Wheat for Rice is the example of a. Indigenous Banking System b. Barter System c. Public Distribution System d. None of the above
Last Answer : b. Barter System
Description : Sunita a village woman sells mud pots on the roadside. So Sunita is a …………………….. a. Hawker b. Peddler c. Cheap Jack d. Pavement Traders
Last Answer : d. Pavement Traders
Description : …………………………means putting information into special code so that no unauthorized person can use that information. a. Digital Signature b. Coding c. Web Directory d. Encryption
Last Answer : d. Encryption
Description : Policy in which amount of claim is Payable either at the time of death of a policy holder or at the expiry of the policy whichever is earlier. a. Endowment Policy b. Term Policy c. Joint Life Policy d. Whole life Policy
Last Answer : a. Endowment Policy
Description : ……………………….. is the last channel of the distribution chain of Business middlemen a. Wholesaler b. Agent c. Retailer d. Customer
Last Answer : c. Retailer
Description : Obligations of business towards various parties of the societies is known as a. Social Welfare b. Social Responsibility c. Social Value d.Business Ethics
Last Answer : b. Social Responsibility
Description : ………………………… is explained in the indent. a. Name of Goods b. Quality of Goods b. Price of Goods d. All of the above
Description : Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note
Last Answer : a. ICD
Description : Which of the following is a function of warehouse? a. Storage of services b.Removing hindrance of Place c. Advertising d.None of the above.
Last Answer : d.None of the above.