__________ focuses on granting rights to use intellectual property.
See answer
Correct answer: (B) Licensing
1 marks · 2024 · Set E
Question 102
Which of the following is NOT a principle of insurance?
See answer
Correct answer: (E) Loss maximization
1 marks · 2024 · Set E
Question 103
Which of the following documents are NOT for the export of goods?
See answer
Correct answer: (D) Importing
1 marks · 2024 · Set E
Question 104
__________ is when one company agrees with another to produce components or products over a specific timeframe.
See answer
Correct answer: (B) Contract manufacturing
1 marks · 2024 · Set E
Question 105
Which is not an example of a cottage industry?
See answer
Correct answer: (D) Fishery
1 marks · 2024 · Set E
Question 106
Which type of retailer provides door-to-door services to customers?
See answer
Correct answer: (C) Peddlers and hawkers
1 marks · 2024 · Set E
Question 107
Madhubani art is from which region of Bihar?
See answer
Correct answer: (C) Mithila region
1 marks · 2024 · Set E
Question 108
Which is not a primary function of a commercial bank?
See answer
Correct answer: (E) Issuing currency
1 marks · 2024 · Set E
Question 109
Every company which needs to comply with CSR provisions has to spend:
See answer
Correct answer: (A) 2% of the average net profits made during the preceding 3 years as per the CSR policy
1 marks · 2024 · Set E
Question 110
MRP stands for:
See answer
Correct answer: (A) Maximum Retail Price
1 marks · 2024 · Set E
Question 111
E-tailing stands for:
See answer
Correct answer: (C) Electronic Retailing
1 marks · 2024 · Set E
Question 112
Which is not a function of management?
See answer
Correct answer: (E) Trading
1 marks · 2024 · Set E
Question 113
The ideal current ratio, according to the industry standard, is:
See answer
Correct answer: (C) 2:1
1 marks · 2024 · Set E
Question 114
__________ are true to their name by carrying a deep assortment of brands, styles, or models within a relatively narrow category.
See answer
Correct answer: (B) Speciality store
1 marks · 2024 · Set E
Question 115
_________ play a vital role in giving credit access to the poor and this is extremely crucial in poverty alleviation.
See answer
Correct answer: (D) SHG
1 marks · 2024 · Set E
Question 116
Which of the following cannot be classified as an objective of business?
See answer
Correct answer: (A) Investment
1 marks · 2024 · Set E
Question 117
RBI was established on:
See answer
Correct answer: (B) 1 April 1935
1 marks · 2024 · Set E
Question 118
Who is the present Governor of RBI?
See answer
Correct answer: (B) Shri Shashikanta Das
1 marks · 2024 · Set E
Question 119
The oldest public sector bank of India is:
See answer
Correct answer: (B) Allahabad Bank
1 marks · 2024 · Set E
Question 120
LIC was founded on:
See answer
Correct answer: (A) 1 September 1956
1 marks · 2024 · Set E
Question 121
EXIM Policy is also known as:
See answer
Correct answer: (B) Foreign Trade Policy
1 marks · 2024 · Set E
Question 122
The tertiary sector includes:
See answer
Correct answer: (B) Services
1 marks · 2024 · Set E
Question 123
The formula for Break-Even Point (units) is Fixed Costs ÷ (___________ − Variable Cost per Unit).
See answer
Correct answer: (C) Sales per Unit
1 marks · 2024 · Set E
Question 124
Anmol purchased a bike for Rs. 75,000 and sold it for Rs. 55,000. The loss percentage incurred by him is:
See answer
Correct answer: (D) 26.67%
1 marks · 2024 · Set E
Question 125
Monika takes a loan of Rs. 10,000 from a bank for 1 year. The interest rate is 10% per annum. Find the interest and the amount she has to pay at the end of a year.
See answer
Correct answer: (C) Rs. 11,000
1 marks · 2024 · Set E
Question 126
Which district of Bihar has the best economy?
See answer
Correct answer: (B) Patna
1 marks · 2024 · Set E
Question 127
Comparative advantage is an economic theory created by:
See answer
Correct answer: (A) David Ricardo
1 marks · 2024 · Set E
Question 128
Social responsibility is a firm's recognition of:
See answer
Correct answer: (D) Social obligation
1 marks · 2024 · Set E
Question 129
ADR stands for:
See answer
Correct answer: (B) American Depositary Receipts
1 marks · 2024 · Set E
Question 130
Which of these is not a principle given by Henry Fayol?
See answer
Correct answer: (B) Self-esteem
1 marks · 2024 · Set E
Question 131
The father of scientific management is:
See answer
Correct answer: (A) F. W. Taylor
1 marks · 2024 · Set E
Question 132
Which is NOT a type of liquidity ratio?
See answer
Correct answer: (D) Return on assets
1 marks · 2024 · Set E
Question 133
_________ is the percentage of sales left after accounting for COGS as well as normal operating expenses (e.g. sales and marketing, general expenses, administrative expenses).
See answer
Correct answer: (B) Operating Margin
1 marks · 2024 · Set E
Question 134
__________ is the successor to VAT used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax because it has subsumed almost all indirect taxes except a few state taxes.
See answer
Correct answer: (A) GST
1 marks · 2024 · Set E
Question 135
The index value of the base year is conventionally set to equal:
See answer
Correct answer: (B) 100
1 marks · 2024 · Set E
Question 136
A shopkeeper sold an article for Rs. 180, making a profit of 20%. If the shopkeeper offered a discount of Rs. 30 on the marked price, what was the markup percentage?
See answer
Correct answer: (C) 40%
1 marks · 2024 · Set E
Question 137
GANG Plank is associated with which of the following?
See answer
Correct answer: (C) Scalar Chain
1 marks · 2024 · Set E
Question 138
A leadership style characterized by individual control over all decisions and little input from group members is:
See answer
Correct answer: (B) Autocratic
1 marks · 2024 · Set E
Question 139
Which of the following is NOT under the Government of India's Rural Development Scheme?
See answer
Correct answer: (A) PM Awas Yojana
1 marks · 2024 · Set E
Question 140
The General Agreement on Tariffs and Trade (GATT), signed in 1947, is a multilateral agreement regulating trade among _____ countries.
See answer
Correct answer: (C) 153
1 marks · 2024 · Set E
Question 141
Which of the following is not a warehouse type?
See answer
Correct answer: (E) Mom and Pop
1 marks · 2024 · Set E
Question 142
The Securities and Exchange Board of India was constituted as a non-statutory body on:
See answer
Correct answer: (B) 12 April 1988
1 marks · 2024 · Set E
Question 143
Which of the following is not a UN Sustainable Development Goal?
See answer
Correct answer: (D) Action on Deforestation
1 marks · 2024 · Set E
Question 144
Which salient feature of the MSMED Act, 2006, mentioned below is FALSE?
See answer
Correct answer: (A) Manufacturing enterprises are defined in terms of investment in plant and machinery (excluding land and buildings) as Micro Enterprises—investment up to Rs. 30 lakh
1 marks · 2024 · Set E
Question 145
Laissez-faire leadership is also known as:
See answer
Correct answer: (A) Delegative leadership
1 marks · 2024 · Set E
Question 146
According to the important properties, subtrahendo of proportion:
See answer
Correct answer: (B) If a:b = c:d, then a − c : b − d
1 marks · 2024 · Set E
Question 147
The full form of UPI, a system that powers multiple bank accounts into a single mobile application of any participating bank, is:
See answer
Correct answer: (A) Unified Payments Interface
1 marks · 2024 · Set E
Question 148
A statutory corporation established in 1948 to provide medium- and long-term finance to industry is known as:
See answer
Correct answer: (A) IFCI
1 marks · 2024 · Set E
Question 149
Management is defined as:
See answer
Correct answer: (D) All of the above
1 marks · 2024 · Set E
Question 150
Which of the following is a relative measure of dispersion?