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Business Knowledge General Knowledge(gk) Quiz | Business Knowledge General Knowledge Multiple Choice Questions(MCQs) & Answers

(1) For which network TRAI has imposed a penalty Rs. 3 cr. for ‘overcharging’ customers?
[A] Vodafone
[B] Idea
[C] Aircel
[D] Airtel
Answer: Idea
(2) This firm has unveiled its newest Innovation Labs at the Chennai and Bengaluru Tech centres.
[A] Paypal
[B] Snapdel
[C] Fliopkart
[D] Amazon
Answer: Paypal

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(3) Recently, eBay India has been merged into __________.
[A] Jabong
[B] Amazon
[C] Flipkart
[D] Walmart
Answer: Flipkart
(4) When a company taken over another one and clearly becomes the new owner, the action is called
[A] Acquisition
[B] Strategic Alliance
[C] Merger
[D] None of the above
Answer: Acquisition
(5) Which firm buys engineering and design teams for $1.1 billion deal from HTC?
[A] TCS
[B] Infosys
[C] IMB
[D] Google
Answer: Google
(6) Which engineering firm, has received green nod for expansion of its Powai residential and IT tower projects in Mumbai that will entail an investment of Rs. 1,102 crore?
[A] L&T
[B] BHEL
[C] NALCO
[D] HAL
Answer: L&T
(7) The possibilities of inadequate profits or even losses due to uncertainties are known as ____________
[A] Business contingencies
[B] Business risks
[C] Business ventures
[D] None of these
Answer: Business risks
(8) While delegating, a superior delegates
[A] Authority and responsibility
[B] Authority and responsibility but not accountability
[C] Authority, responsibility and accountability
[D] Only authority
Answer: Only authority
(9) This company launched the ‘Budding Star Programme’ for Staff to help them achieve their dreams.
[A] Reliance Industries
[B] Snapdeal
[C] Wallmart
[D] Flipkart
Answer: Flipkart
(10) Economic activities may be classified into business, ___________ and employment
[A] Profession
[B] occupation
[C] vocation
[D] work
Answer: Profession
(11) The MRTP Act of 1969 was abolished in
[A] 2002
[B] 2004
[C] 2006
[D] 2008
Answer: 2002
(12) Which company launches the ‘Project Brainwave’ for Real-Time AI?
[A] Samsung
[B] Google
[C] Microsoft
[D] Apple
Answer: Microsoft
(13) Which of the following launches Jeevan Utkarsh?
[A] Sun Life Financial
[B] Aviva India
[C] Bajaj Allianz Life Insurance
[D] LIC
Answer: LIC
(14) who ties up with the Indian Railway Catering and Tourism Corporation (IRCTC)?
[A] Paytm
[B] Freecharge
[C] PayU
[D] Mobiqwink
Answer: PayU
(15) The main advantage of functional organisation is
[A] Specialisation
[B] Simplicity
[C] Expert advice
[D] Experience
Answer: Specialisation
(16) Name the two broad categories of business activities.
[A] Trade and commerce
[B] trade and industry
[C] industry and commerce
[D] none of these
Answer: industry and commerce
(17) Transfer of interest exists in the case of
[A] Profession
[B] employment
[C] business
[D] none of these
Answer: business
(18) Micro factors of external business environment does not include
[A] Competitors
[B] Customers
[C] Government Policies
[D] None of these
Answer: Government Policies
(19) Which company launched its Big investment with Softbank Vision?
[A] Flipkart
[B] Snapdeal
[C] EBay
[D] Amazon Pay
Answer: Flipkart
(20) First industrial policy resolution was issued in
[A] 1940
[B] 1948
[C] 1950
[D] 1954
Answer: 1948

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