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