Business Awareness Question and Answers MCQ Set 2

 Business Awareness Question and Answers

1) Which company has recently introduced 'Dura Technology' in building cars?
A) Ford
B) Mitsubshi
C) GM
D) Maruti-Suzuki
Answer: A) Ford

2) Which of the following European Pharmaceutical companies is a subsidary of Ranbaxy group?
A) Basics GmbH
B) Viatris GmbH
C) RPG Aventis
D) Bayer AG
Answer: C) RPG Aventis

3) Well-Known oralcare brand, Oral-B is owned by which company?
A) Procter & Gamble
B) Colgate
C) Gilette
D) Reckitt Benckiser
Answer: A) Procter & Gamble

4) Which of these is an example of a labor law?
A) A town zones an area for residential buildings only
B) A restriction on when a union may call a strike
C) A surplus of supply
D) All of the above
Answer: B) A restriction on when a union may call a strike

5) Innovation allows producers to
A) follow restrictions that the government imposes
B) offer warranties for all of their products
C) create goods that draw consumer attention
D) avoid competing with similar businesses
Answer: C) create goods that draw consumer attention

6) Hindustan Lever is selling Lipton Ice Tea in the Indian Market in association with which company?
A) McDonald
B) pepsiCo
C) Coca Cola
D) Rasna
Answer: B) pepsiCo

7) Which of the following has become the first telecom company to achieve the 15-million mark in subscriber base?
A) BSNL
B) Airtel
C) Reliance
D) Hutch
Answer: C) Reliance

8) 'Khazanah' is the state-owned investment holding arm of which country?
A) Singapore
B) Japan
C) Mauritius
D) Malaysia
Answer: D) Malaysia

10) Which company has introduced 91-Octane petrol EXTRA PREMIUM in India?
A) BPCL
B) Hindustan Petroleum
C) Indian Oil
D) IBP
Answer: C) Indian Oil

11) Which phase of DMAIC is designed to insure that the problem does NOT reoccur and that the new processes can be further improved over time?
A) Design
B) Control
C) Analyze
D) Improve
Answer: B) Control

12) Brazil-based bus body maker Marcopolo has entered into a Joint venture with which Indian Company to manufacture fully-built buses and coaches?
A) Swaraz Mazda
B) Ashok Leyland
C) Eicher
D) Tata Motors
Answer: D) Tata Motors

13) The term 'degrees of newness' is associated with
A) total years of business experience
B) degree of design change
C) average length of time on the job
D) average age of employees
Answer: B) degree of design change

14) Australia - based core banking software, Financial Network Services (FNS) has been acquired by an indian comapny. Identify the company from the choices given below.
A) Wipro Technologies
B) Mindtree
C) Infosys
D) TCS
Answer: D) TCS

15) Which of the following Stock exchanges is called "Big Board"?
A) Nasdaq
B) London Stock Exchange
C) New York Stock Exchange
D) Mumbai Stock Exchange
Answer: C) New York Stock Exchange

16) The task of any business is to deliver _ at a profit.
A) Customer value
B) Improved quality
C) Customer needs
D) Products and services
Answer: A) Customer value

17) Ayush Ayurvedic health and beauty care products were launched by 
A) Nestle
B) Dabur
C) HLL
D) Ponds
Answer: C) HLL

18) Highest - Profit making company in India is 
A) Tata Sons
B) Reliance Industries
C) Indian Oil
D) ONGC
Answer: D) ONGC

19) Grand Vitara XV-7 is a vehicle launched by 
A) Ford
B) GM
C) Maruti Suzuki
D) Hyundai
Answer: C) Maruti Suzuki

20) Name the International Bank in which Temasek Holdings Pte, Singapore's government - owned investment arm, has announced to pick up 12 per cent stake.
A) Deutsche Bank
B) ABN Amro Bank
C) HSBC Bank
D) Standard Chartered Plc
Answer: D) Standard Chartered Plc

21) Cafe Coffee Day has entered into an agreement with which airlines carrier for becoming the single-point vend or supplying snacks and beverages on board?
A) Indian (Indian Airlines)
B) Air Sahara
C) Air Deccan
D) Kingfisher Airlines
Answer: C) Air Deccan

22) Name the Brand that advertises itself with the slogan 'The Vision Of Sound'?
A) Samsung TVs
B) Thomson TVs
C) Sansui TVs
D) BPL TVs
Answer: A) Samsung TVs

23) Times of India group is set to launch a 24-hour news channel in alliance with which international media entity?
A) Wall street Journal
B) Reuters
C) BBC
D) Associated Press
Answer: B) Reuters

24) Which news paper has the motto - Journalism of Courage?
A) The Hindustan Times
B) The Washington Post
C) The Indian Express
D) The Guardian
Answer: C) The Indian Express

25) Who owns the rights for Pizza Hut, Cream Bell and Costa Coffee in India?
A) Ashok Chauhan
B) Anu Agha
C) Ravi Jaipuria
D) Nikhil Meswani
Answer: C) Ravi Jaipuria

26) Rahul Dravid is associated with the advertising campaign of which bank?
A) Bank of Baroda
B) Bank of India
C) HSBC
D) HDFC
Answer: A) Bank of Baroda

27) Which company's name in Italian means 'to roll'?
A) Vauxhall
B) Honda
C) Volvo
D) Michelin
Answer: C) Volvo

28) Quality assurance is an example of which process?
A) Testing
B) Manufacturing
C) Delivering
D) None of the above
Answer: A) Testing

29) What is the main motive behind dealer incentives?
A) encouraging the maximum number of sales of the manufacturers products
B) to maintain a permanent deal
C) maintaining good dealer-manufacturer relationships
D) ensuring that the customer gets the best possible deal
Answer: A) encouraging the maximum number of sales of the manufacturers products

30) 'Skycar' , a light aerial multi-purpose vehicle, is set to make its world debut in the US. Name the company which has developed the model?
A) Ford
B) Audi
C) Rolls Royce
D) Moller International
Answer: D) Moller International

31) Seagate is manufacturer of
A) harddisk
B) earth moving equipment
C) picture tube
D) banking software
Answer: A) harddisk

32) India's Largest tractor manufacture Mahindra & Mahindra had recently made a take over bid on a European company, Universal Tractors. The Company is based in 
A) England
B) Finland
C) Norway
D) Romania
Answer: D) Romania

33) Inclusive unionism is practiced mostly by
A) industrial unions
B) professional and semiprofessional employees
C) craft unions
D) small unions comprised of skilled workers, such as the bricklayers
Answer: A) industrial unions

34) Regulatory policies protect consumers by
A) controlling the supply of money
B) providing public assistance programs
C) overseeing and limiting businesses
D) deciding how to tax and spend money
Answer: C) overseeing and limiting businesses

35) Which company has launched the world's first automated opening bandsets, titled PEBL, in the Indian Market?
A) Nokia
B) Motorola
C) Samsung
D) LG
Answer: B) Motorola

36) Black markets are associated with
A) Price floors and the resulting product shortages
B) Ceiling prices and the resulting product shortages
C) Price floors and the resulting product surpluses
D) Ceiling prices and the resulting product surpluses
Answer: B) Ceiling prices and the resulting product shortages

37) Rockr, a cell phone from Motorola that uses Apple's iTunes software and stores up to 100 songs in its Flash memory, has been launched by 
A) Nokia
B) Samsung
C) Motorola
D) Bird
Answer: C) Motorola

38) Final goods and services refer to
A) goods and services purchased by ultimate users, rather than for resale or further processing
B) goods and services whose value has been adjusted for changes in the price level
C) the excess of U.S. exports over U.S. imports
D) goods and services that are unsold and therefore added to inventories
Answer: A) goods and services purchased by ultimate users, rather than for resale or further processing

39) Sagem, which has launched mobile phones in India, is a company from?
A) China
B) Korea
C) France
D) Italy
Answer: C) France

40) The supply curve for a monopolist is
A) Verticle
B) Horizontal
C) Downward sloping
D) Doesn't exist
Answer: D) Doesn't exist

41) Which of the following is not an Indian Pharma Company?
A) Ranbaxy
B) Pfizer
C) Cipla
D) Nicholas Pirmal
Answer: D) Nicholas Pirmal

42) One of the following companies does have business interest in both oil and shipping sectors. Identify this.
A) Tata Group
B) Reliance Group
C) Essar Group
D) ONGC
Answer: C) Essar Group

43) Which of the following companies is also present in other sectors like FMCG, Electrical equipment, apart from IT?
A) Polaris
B) Infosys
C) Wipro
D) Patni Computers
Answer: C) Wipro

44) China's TCL Communication has a joint venture agreement with European company for manufacturing mobile handsets?
A) Alcatel
B) Nokia
C) Siemens
D) None of these
Answer: A) Alcatel

45) An increase in the price of a good will
A) decrease demand
B) increase quantity demanded
C) increase demand
D) decrease quantity demanded
Answer: D) decrease quantity demanded

46) Two Mega confectionery brands - Maha Lacto and Eclairs are owned by which company?
A) Parry's
B) Lotte
C) Cadbury
D) Nutrine
Answer: C) Cadbury

47) Capital budgeting is primarily concerned with
A) planning future financing needs
B) minimizing the cost of capital
C) capital formation in the economy
D) evaluating investment alternatives
Answer: D) evaluating investment alternatives

48) Which auto major launched the multi utility vehicle-Scorpio?
A) TELCO
B) FIAT
C) Mahindra
D) Toyota
Answer: C) Mahindra

50) An increase in the price level will cause a _ the aggregate demand curve.
A) shift up
B) shift left
C) shift right
D) None of the above
Answer: A) shift up

51) What are the types of activity within demand management?
A) Activity based, Business activity patterns and user profiles
B) Analytical based, Shaping user behaviour
C) Activity based, Access Management
D) Analytical based, Business activity patterns and user profiles
Answer: A) Activity based, Business activity patterns and user profiles

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