MCQOPTIONS
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MCQOPTIONS
This section includes 106 Mcqs, each offering curated multiple-choice questions to sharpen your 11th Class knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
Which of the following is not a business activity? |
| A. | Production of goods |
| B. | Trading of goods |
| C. | Storage of goods |
| D. | Working in a hospital for wages |
| Answer» E. | |
| 52. |
Which of the following is an economic activity? |
| A. | Cooking food for self-consumption |
| B. | Cooking food for sale |
| C. | Cooking food for donation |
| D. | All of the above |
| Answer» C. Cooking food for donation | |
| 53. |
Business risk is not likely to arise due to |
| A. | Changes in government policy |
| B. | Good management |
| C. | Employee dishonesty |
| D. | Power failure |
| Answer» C. Employee dishonesty | |
| 54. |
Which of the following cannot be classified as an objective of business? |
| A. | Investment |
| B. | Productivity |
| C. | Innovation |
| D. | Profit earning |
| Answer» B. Productivity | |
| 55. |
The industries which provides support services to other industries are known as |
| A. | Primary industries |
| B. | Secondary industries |
| C. | Commercial industries |
| D. | Tertiary industries |
| Answer» E. | |
| 56. |
Which of the broad categories of industries covers, oil refinery and sugar mills? |
| A. | Primary |
| B. | Secondary |
| C. | Tertiary |
| D. | None of them |
| Answer» B. Secondary | |
| 57. |
Which of the following cannot be classified as an auxiliary to trade? |
| A. | Mining |
| B. | Insurance |
| C. | Warehousing |
| D. | Transport |
| Answer» B. Insurance | |
| 58. |
Which of the following is an example of secondary industry? |
| A. | Genetic industry |
| B. | Extractive industry |
| C. | Synthetic industry |
| D. | All of the above |
| Answer» D. All of the above | |
| 59. |
Which of the following is an example of genetic industry? |
| A. | Mining |
| B. | Lumbering |
| C. | Animal husbandry |
| D. | Hunting |
| Answer» D. Hunting | |
| 60. |
Objectives of business do not include: |
| A. | Higher returns to investors |
| B. | Employee satisfaction |
| C. | Maximum price from consumers |
| D. | Market standing. |
| Answer» D. Market standing. | |
| 61. |
Which of the following is a cause of business risk? |
| A. | Natural causes |
| B. | Political causes |
| C. | Economic causes |
| D. | All of the above |
| Answer» E. | |
| 62. |
Profits are necessary for: |
| A. | Expansion |
| B. | Survival |
| C. | Innovation |
| D. | All of the above |
| Answer» E. | |
| 63. |
Choose the odd one out: |
| A. | Insurance |
| B. | Warehousing |
| C. | Mining |
| D. | Banking |
| Answer» D. Banking | |
| 64. |
Which of the following is not a feature of employment? |
| A. | Fixed wages |
| B. | Agreement between employer and employee |
| C. | Terms and conditions |
| D. | Element of risk |
| Answer» E. | |
| 65. |
Which of the following does not characterise business activity? |
| A. | Production of goods and services |
| B. | Presence of risk |
| C. | Sale or exchange of goods and services |
| D. | Salary or wages |
| Answer» E. | |
| 66. |
When parties involved in the electronic transactions are from within a given business firm, it is called: |
| A. | B2B Commerce |
| B. | Intra B Commerce |
| C. | C2C Commerce |
| D. | B2C Commerce |
| Answer» C. C2C Commerce | |
| 67. |
In B2B, B2C, C2C etc B and C stand for: |
| A. | Business and Corporate |
| B. | Biding and Customer |
| C. | Business and Customer |
| D. | Business and Consumer |
| Answer» E. | |
| 68. |
When was Electronic Data Interchange (EDI) standardised? |
| A. | 1984 |
| B. | 1995 |
| C. | 2000 |
| D. | 1999 |
| Answer» B. 1995 | |
| 69. |
E-business and E-commerce are: |
| A. | Synonyms |
| B. | Antonyms |
| C. | Former is wider than latter |
| D. | Former is narrow than latter |
| Answer» D. Former is narrow than latter | |
| 70. |
It is not an application of e-business: |
| A. | Online bidding |
| B. | Online procurement |
| C. | Online trading |
| D. | Contract Rand D |
| Answer» E. | |
| 71. |
Call Centre handles: |
| A. | Only in - bound voice based business |
| B. | Only out - bound voice based business |
| C. | Both voice based and non - voice based business |
| D. | Both customer facing and back - end business |
| Answer» E. | |
| 72. |
In India, ______and ________ are referred to as emerging modes of business. |
| A. | E - Business and E -Commerce |
| B. | Outsourcing and E-business |
| C. | Outsourcing and E-Commerce |
| D. | Online Trading and Networking. |
| Answer» D. Online Trading and Networking. | |
| 73. |
BPO _______cost and _______excellence. |
| A. | Reduces, Reduces |
| B. | Increases, Increases |
| C. | Reduces, Increases |
| D. | Increases, Reduces |
| Answer» D. Increases, Reduces | |
| 74. |
Outsourcing: |
| A. | Restricts only to the contracting out of Information Technology Enabled Services (ITES) |
| B. | Restricts only to the contracting out of non - core business |
| C. | Includes contracting out of manufacturing and R and D as well as services processes -both core and non-core, but restricts only to domestic territory. |
| D. | Includes off-shoring |
| Answer» C. Includes contracting out of manufacturing and R and D as well as services processes -both core and non-core, but restricts only to domestic territory. | |
| 75. |
______is the largest captive BPO unit in India for providing certain kinds of services to the parent company in the United States as well as to its subsidiaries in other countries. |
| A. | Infosys |
| B. | General electric (GE) |
| C. | Accenture |
| D. | None of these |
| Answer» C. Accenture | |
| 76. |
Which of the following is used to handle data storage risk? |
| A. | VIRUS |
| B. | Hacking |
| C. | Cryptography |
| D. | All of the Above |
| Answer» D. All of the Above | |
| 77. |
Which of the following can be used only for e-business? |
| A. | Cheques |
| B. | Credit Card |
| C. | Debit Card |
| D. | E-cash |
| Answer» E. | |
| 78. |
About 95% of online consumer transactions are executed through: |
| A. | Cheques |
| B. | Credit Card |
| C. | Debit Card |
| D. | E-cash |
| Answer» C. Debit Card | |
| 79. |
Which of the following is not an application of e-business? |
| A. | E-procurement |
| B. | e-bidding |
| C. | e-delivery |
| D. | All of the above |
| Answer» E. | |
| 80. |
Which of the following is a benefit of e-business? |
| A. | Less Risky |
| B. | Less Technological Requirements |
| C. | Convenience |
| D. | All of the above |
| Answer» D. All of the above | |
| 81. |
Work from home using internet is covered under: |
| A. | Online Networking |
| B. | Virtual Private Network |
| C. | Electronic Data Exchange |
| D. | Paypal |
| Answer» C. Electronic Data Exchange | |
| 82. |
When a firm transacts with its employees, it is referred to as: |
| A. | B2B Commerce |
| B. | B2E Commerce |
| C. | C2C Commerce |
| D. | B2C Commerce |
| Answer» C. C2C Commerce | |
| 83. |
E-commerce does not include: |
| A. | A business's interactions with its suppliers |
| B. | A business's interactions with its customers |
| C. | Interactions among the various departments within the business |
| D. | Interactions among the geographically dispersed units of the business |
| Answer» D. Interactions among the geographically dispersed units of the business | |
| 84. |
To which insurance, principle of indemnity is not applicable? |
| A. | Life Insurance |
| B. | Marine Insurance |
| C. | Fire Insurance |
| D. | All of the above |
| Answer» B. Marine Insurance | |
| 85. |
Which of the following companies offer DTH services in our country? |
| A. | Reliance |
| B. | Idea |
| C. | Tata sky |
| D. | All of the above |
| Answer» E. | |
| 86. |
In which type of insurance, interest must exist only at the time of insurance? |
| A. | Life Insurance |
| B. | Marine Insurance |
| C. | Fire Insurance |
| D. | All of the above |
| Answer» B. Marine Insurance | |
| 87. |
Name the type of banking under which ATM, credit card and EFT facilities are available. |
| A. | Internet Banking |
| B. | E-banking |
| C. | Modern Banking |
| D. | Online Banking |
| Answer» C. Modern Banking | |
| 88. |
Give full form of ATM. |
| A. | Automatic Tele Money |
| B. | Any Time Money |
| C. | Automated Teller Machine |
| D. | Automatic Transfer Money |
| Answer» D. Automatic Transfer Money | |
| 89. |
Who can get an overdraft from a bank? |
| A. | A Current Account Holder |
| B. | A Savings Account Holder |
| C. | A Fixed Deposit Account Holder |
| D. | A Recurring Deposit Account Holder |
| Answer» B. A Savings Account Holder | |
| 90. |
In which of the insurance policy loss cannot be measured? |
| A. | Life Insurance |
| B. | Marine Insurance |
| C. | Fire Insurance |
| D. | All of the above |
| Answer» B. Marine Insurance | |
| 91. |
VSAT stands for: |
| A. | Very Small Aperture Terminal |
| B. | Vidyut Supply and Transport |
| C. | Very Small Application Terminal |
| D. | Video Screening Aperture Terminal |
| Answer» B. Vidyut Supply and Transport | |
| 92. |
Insurer must have some pecuniary interest in the subject matter of interest. It is the principle of: |
| A. | Mitigation |
| B. | Contribution |
| C. | Utmost Good Faith |
| D. | Insurable Interest |
| Answer» E. | |
| 93. |
Which of the following is not applicable in Life Insurance contract? |
| A. | Conditional contract |
| B. | Unilateral contract |
| C. | Indemnity contract |
| D. | None of the above |
| Answer» D. None of the above | |
| 94. |
Which of the following is an example of e-banking? |
| A. | EFT |
| B. | Online banking |
| C. | ATM |
| D. | All of the above |
| Answer» E. | |
| 95. |
Sports insurance is not available for: |
| A. | Professional Sportsmen |
| B. | Non-professional Sportsmen |
| C. | Rural Area Sportsmen |
| D. | Urban Area Sportsmen |
| Answer» B. Non-professional Sportsmen | |
| 96. |
DTH services are provided by............. |
| A. | Transport companies |
| B. | Banks |
| C. | Cellular companies |
| D. | None of the above |
| Answer» D. None of the above | |
| 97. |
Speed post in India connects __major countries of the world. |
| A. | 120 |
| B. | 140 |
| C. | 97 |
| D. | 82 |
| Answer» D. 82 | |
| 98. |
Funds required for purchasing current assets is an example of |
| A. | Fixed capital requirement |
| B. | Ploughing back of profits |
| C. | Working capital requirement |
| D. | Lease financing |
| Answer» D. Lease financing | |
| 99. |
The term 'redeemable' is used for |
| A. | Preference shares |
| B. | Commercial paper |
| C. | Equity shares |
| D. | Public deposits |
| Answer» B. Commercial paper | |
| 100. |
Equity shareholders are called: |
| A. | Owners of the company |
| B. | Partners of the company |
| C. | Executives of the company |
| D. | Guardian of the company |
| Answer» B. Partners of the company | |