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