Business Awareness Questions

Q:

An advantage of the corporate form of business is that

A) Easier to raise capital B) The Business Lives On
C) Protecting Personal Assets D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams , CAT

1 471
Q:

Total asset turnover is used to evaluate

A) The efficiency of management's use of assets to generate sales B) The need for asset replacement
C) The cash flows used to acquire assets D) The relation between asset cost and book value
 
Answer & Explanation Answer: A) The efficiency of management's use of assets to generate sales

Explanation:

Total asset turnover is the ratio which measures the value of a company's sales or revenues relative to the value of its assets. It is used to evaluate The efficiency of management's use of assets to generate sales.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

2 618
Q:

Debts owed by a business are referred to as

A) Liabilities B) Credits
C) Account receivables D) Owner's Equity
 
Answer & Explanation Answer: A) Liabilities

Explanation:

Debts owed by a business are referred to as Liabilities. Liabilities include all loans, outstanding expenses, mortgages, creditors, etc...

 

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams , CAT

1 921
Q:

Which of the following is a function of money?

 

A) medium of exchange B) store of value
C) unit of accounting D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

2 1587
Q:

What does IMF stand for?

A) International Monetary Fund B) Indian Money Fund
C) International Machine Federation D) Institute of Monetary Finance
 
Answer & Explanation Answer: A) International Monetary Fund

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

5 654
Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry B) Reserve Bank of India
C) Treasury D) Currency Printing Presses
 
Answer & Explanation Answer: B) Reserve Bank of India

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

0 577
Q:

The market structure called monopoly exists where there is exactly ______ seller in any market.

A) 1 B) 2
C) 5 D) 10
 
Answer & Explanation Answer: A) 1

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

1 680
Q:

Which one of the following statements with regard to Antrix Corporation Limited is correct?

A) It is a commercial arm of the Department of Industrial Policy and Promotion. B) It is under the administrative control of the Department of Space. 
C) It is under the administrative control of the Ministry of Health and Family Welfare. D) It is a commercial arm of the Department of Science and Technology.
 
Answer & Explanation Answer: B) It is under the administrative control of the Department of Space. 

Explanation:

Antrix Corporation Limited (ACL), Bengaluru is a wholly owned Government of India Company under the administrative control of the Department of Space. Antrix Corporation Limited was incorporated as a private limited company owned by Government of India in September 1992 as a Marketing arm of ISRO for promotion and commercial exploitation of space products, technical consultancy services and transfer of technologies developed by ISRO. As the commercial and marketing arm of ISRO, Antrixis engaged in providing Space products and services to international customers worldwide.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

6 1091