Quiz on BCK Additional Question#1. Mark the Correct LLP im may be constituled on basis of LLP Act 2009 LLP im may be constituled on basis of LLP Act 2009 All are correct. All are correct. Hindu Succession Act, 1956 is applicable in HUF Hindu Succession Act, 1956 is applicable in HUF A dormant company registered under Companies Act, 2013 A dormant company registered under Companies Act, 2013 #2. Economic Reforms introduced in india in 1992 are called LPG that refers to Good governance Good governance Liquidiation of loss-making units Liquidiation of loss-making units None of the above None of the above Popularise Public private partnership Popularise Public private partnership #3. What is consolidation? Combination of two or more entitles that occurs when the entities transfer all their net assets to a new entity created for that purpose. Combination of two or more entitles that occurs when the entities transfer all their net assets to a new entity created for that purpose. Potential liability arising from a past transaction or a subsequent event. Potential liability arising from a past transaction or a subsequent event. it is an expense that is supposed to reflect the loss in value of a fixed asset it is an expense that is supposed to reflect the loss in value of a fixed asset Costs that can be attributed clearly to the activity you are considering. Costs that can be attributed clearly to the activity you are considering. #4. The RBI has been vested with extensive power to control and supervise commercial banking system under the- Reserve Bank of India Act, 1934 Reserve Bank of India Act, 1934 The Banking Regulation Act, 1949 The Banking Regulation Act, 1949 The Companies Act, 2013 The Companies Act, 2013 Both (a) and (b) Both (a) and (b) #5. Policy Formulation process is? Single Point of Contact Oriented Single Point of Contact Oriented Bi-Directional Bi-Directional Multi-Directional Multi-Directional Uni-Directional Uni-Directional #6. …………. is a strategy that is used to minimize the risk of a particular investment and maximize the retums of an investment Tem insurance Tem insurance Cap Cap Hedge Hedge Encryption Encryption #7. Which company ranked 3 on Forbes World’s Best Employer’s List 2021 ? Apple Apple Microsoft Microsoft Walmart Walmart Amazon Amazon #8. A negotiable instrument that instructs the bank to pay a particular amount of money from the writer’s bank to the receiver is called RTGS RTGS An overdraft An overdraft A cheque A cheque A draft A draft #9. Free and fair competition ensures all, except? Increases Efficiency Increases Efficiency Encourages Innovation Encourages Innovation Boosts fixed choice preferences of customers Boosts fixed choice preferences of customers Punishing the laggards Punishing the laggards #10. who was the regulatory body for controlling financial affairs in India before SEBI Government of India Government of India Reserve Bank of india Reserve Bank of india Insurance Regulatory and Development Authority of lndia Insurance Regulatory and Development Authority of lndia Controller of Capital issues Controller of Capital issues #11. Sellng kow prices in order to discourage or deter potential new entrants to the suppliers market: Pre-Emptive Pricing Pre-Emptive Pricing Price Sensitivity Price Sensitivity Price Discrimination Price Discrimination Price Elasticity Price Elasticity #12. Which of the following is an economic activity Profession Profession Social activities Social activities Religious activities Religious activities Patriotic activities Patriotic activities #13. Which of the following is not an economic objective of the flim? Sales growth Sales growth Conservation of natural resources Conservation of natural resources Profits and retun on investment Profits and retun on investment Improvement in market share Improvement in market share #14. A very large loan extended by a group of small banks to a single corporate borrower is called as which of the following? Annuities Annuities Long term loan Long term loan Time Deposit Time Deposit Syndicated loan Syndicated loan #15. Government decides to spend 400 crores in the next 5 years for the benefit of women entrepreneurs i India. This Is an example of Fiscal Policy Fiscal Policy FDI Policy FDI Policy Monetary Policy Monetary Policy Industrial Policy Industrial Policy #16. Indane LPG is the product of which corporation in India? ONGC ONGC NTPC NTPC IOLC IOLC PGCIL PGCIL #17. Identify the one which may be considered as a public policy: A decision by a central government to purchase a fleet of cars A decision by a central government to purchase a fleet of cars Government passes a special resolution to change he name of a park. Government passes a special resolution to change he name of a park. An old building to be demolished by a municipal corporation. An old building to be demolished by a municipal corporation. All citizens are to be provided with biometric Aadhar card All citizens are to be provided with biometric Aadhar card #18. Bank of Madura was acquired by which of these? HDFC Bank Ltd HDFC Bank Ltd ICICI Bank Ltd ICICI Bank Ltd State Bank of India State Bank of India Life Insurance Corporation of India (LIC) Life Insurance Corporation of India (LIC) #19. Amazon started its operations in lndia in the year? 2012- 2013 2012- 2013 1999-2000 1999-2000 2002-2003 2002-2003 2014-2015 2014-2015 #20. Self Help Groups are catered specifically by? SIDBI SIDBI NABARD NABARD All development banks All development banks RBI RBI #21. Mark Incorrect Plurality of the objective is a modern phenomenon Plurality of the objective is a modern phenomenon In addition to economic motive, it may have non-economic motives like social, ethical or environmental In addition to economic motive, it may have non-economic motives like social, ethical or environmental Business has only one motive; profit Business has only one motive; profit Objective of survival & growth of business are called organic objectives Objective of survival & growth of business are called organic objectives #22. Privatization may not be of conceptualized in form of: Disinvestment Disinvestment Displacement Displacement Divestment Divestment Dedication Dedication #23. The structure in which there is a separation of ownership and management is called All business organisations All business organisations Sole proprietorship Sole proprietorship Partnership Partnership Company Company #24. Which of the following internal strategies to respond to environment involves formulation and Clarification of organization’s mission ? Collective Response Collective Response Administrative Response Administrative Response Competitive Response Competitive Response Dynamic Response Dynamic Response #25. Which one of the following is not a SEBI function as one body? Quasi-judicial Quasi-judicial Quasi-legislative Quasi-legislative Quasi-fiscal Quasi-fiscal Quasi-executive Quasi-executive #26. PESTLE Tetes to: All these constitute macro environment. All these constitute macro environment. All these are external factors, All these are external factors, All of the above. All of the above. Poliical, Economic, Social, Technological, Legal & Environmental Factors affecting business Poliical, Economic, Social, Technological, Legal & Environmental Factors affecting business #27. Highest Price the buyer is willing to pay is called? Ask Ask Badla Badla Beta Beta Bid Bid #28. A HUF cannot comprise members of a: Muslim family Muslim family Buddhist family Buddhist family Hindu & Sikh family Hindu & Sikh family Jain family Jain family #29. Business and technology are: Interrelated Interrelated Interrelated & Interdependent Interrelated & Interdependent None of the above None of the above Interdependent Interdependent #30. which of the following policy/ ies pertain to macroeconomic management? Monetary Policy Monetary Policy Physical Policy Physical Policy Fiscal Policy & Monetary Policy Fiscal Policy & Monetary Policy Fiscal Policy Fiscal Policy #31. The term PESTLE analysis is used to describe a framework for analyzing: None of above None of above Micro Environment Micro Environment Both Macro and Micro Environment Both Macro and Micro Environment Macro Environment Macro Environment #32. What is the constitution of Competition Commission of India? A chairperson and 6 members appointed by the RBI. A chairperson and 6 members appointed by the RBI. A chairperson and 6 members appointed by the Central Government. A chairperson and 6 members appointed by the Central Government. A chairperson and 5 members appointed by the RBI. A chairperson and 5 members appointed by the RBI. A chairperson and 5 members appointed by the Central Government. A chairperson and 5 members appointed by the Central Government. #33. Which of the following is not an example of socio-cultural environment? Rising income Rising income Family structure Family structure Role of women in society Role of women in society Educational levels Educational levels #34. Environmental analysis helps in: All of the above All of the above Anticipate opportunities and to take optimal responses Anticipate opportunities and to take optimal responses Providing input for strategic decision making Providing input for strategic decision making Turning threats to firm’s advantage Turning threats to firm’s advantage #35. Security whose price is derived from another underlying asset is called? Futures Futures Forwards Forwards Options Options Derivative Derivative #36. Maximum number of members in a Private limited company are: 200 200 20 20 50 50 500 500 #37. What is the kind of response in which a business should make efforts to exploit the opportunity and reduce the threats: Simplify Simplify Diversify Diversify Least resistance Least resistance Strategic Responses Strategic Responses #38. Who is the present chairman of Wipro Limited? Azim Premj Azim Premj Azim Premj and Rishad Premji Azim Premj and Rishad Premji Thiery Delaporte Thiery Delaporte Rishad Premji Rishad Premji #39. Which of the following is founded by two Danish Engineers taking refuge in India? L&T Ltd L&T Ltd NTPC Ltd NTPC Ltd Flipkart Flipkart Cipla Ltd Cipla Ltd #40. Simpiliication of trade restrictions related to import is an example of: Privatization Privatization Aggregation Aggregation Disinvestment Disinvestment Globalization Globalization #41. Policy Context has a core motive behind it, which is? Social Welfare Social Welfare Holistic Development Holistic Development Economic Welfare Economic Welfare GDP Growth GDP Growth #42. Which one of the following is not a foreign company? Walmart Walmart Dr. Reddy’s Laboratories Ltd Dr. Reddy’s Laboratories Ltd Nestle Nestle HP HP #43. Marketing, Finance, Operations, Human Behaviour, Law and Policy, Economics, all together derive BCK. What does it tell us about BCK’s domains? BCK is Vague BCK is Vague BCK is Expanding BCK is Expanding BCK is Vast BCK is Vast BCK is Eclectic BCK is Eclectic #44. Choose the correct statement: HDFC and Axis Banks are foreign Bank HDFC and Axis Banks are foreign Bank Coal India Ltd is owned by the Tata Sons Coal India Ltd is owned by the Tata Sons Nestle & IBM are foreign companies Nestle & IBM are foreign companies Cipla& L&T Ltd are foreign companies Cipla& L&T Ltd are foreign companies #45. Mark incorrect Partnership implies Deed may be registered in India under the Partnership Act, 1932 Deed may be registered in India under the Partnership Act, 1932 The contract is an agreement enforceable at law is called deed The contract is an agreement enforceable at law is called deed Liability of partner is limited to the extent of one’s share capital Liability of partner is limited to the extent of one’s share capital Contractual ownership of business Contractual ownership of business #46. ADR stands for: American Deficit Record American Deficit Record Asset Depreciation Record Asset Depreciation Record Asset Depository Receipt Asset Depository Receipt American Depository Receipt American Depository Receipt #47. Who is the present CEO and MD of Larsen& Toubro Ltd.? S N Subrahmanyan S N Subrahmanyan None of these None of these Keshab Pandey Keshab Pandey KR Krishanmurthy KR Krishanmurthy #48. Which of the following is not a function of RBI? Collection of Foreign Institutional Data Collection of Foreign Institutional Data Banker to Government Banker to Government Promotion of Banking Promotion of Banking Funding NABARD Funding NABARD #49. Which of the following statements about RBI is incorrect? Its role is to ensure monetary stability, including stability of domestic price levels. Its role is to ensure monetary stability, including stability of domestic price levels. The RBl is the sole authority for the issue of curency in India. The RBl is the sole authority for the issue of curency in India. One of its missions is to protect the interest of policyholders. One of its missions is to protect the interest of policyholders. it deals largely with Governments, Central and State Banks. it deals largely with Governments, Central and State Banks. #50. Gain for one is a loss for someone else this concept can be understood by which of the characteristics of Business Environment? It is Dynamic It is Dynamic It has far reaching impact It has far reaching impact It is multi-faceted It is multi-faceted It is complex It is complex FinishResults
