MCQOPTIONS
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MCQOPTIONS
This section includes 1234 Mcqs, each offering curated multiple-choice questions to sharpen your Teaching knowledge and support exam preparation. Choose a topic below to get started.
| 601. |
Each QC has ....... agenda. |
| A. | Separate |
| B. | common |
| C. | Any of the above |
| D. | None of the above |
| Answer» B. common | |
| 602. |
Which one is not the feature of QC? |
| A. | Large size |
| B. | Voluntary groups |
| C. | Regular meeting |
| D. | Quality focused |
| Answer» B. Voluntary groups | |
| 603. |
Objective of QC is |
| A. | Improvement in quality |
| B. | Improvement in methods |
| C. | Promoting morale of employees |
| D. | All of the above |
| Answer» E. | |
| 604. |
For ideal size of QC (Quality Circle) it is member should be ...... in numbers. |
| A. | 2 to 3 |
| B. | 3 to 5 |
| C. | 6 to 8 |
| D. | 15 to 20 |
| Answer» D. 15 to 20 | |
| 605. |
Quality circle is a group of employees who meet regularly to discuss |
| A. | Their quality problems |
| B. | Investigate causes of problems |
| C. | Recommend solutions |
| D. | All of the above |
| Answer» E. | |
| 606. |
Consider the following statement. I. QC originally began in the Japan. II. The most widely discussed and undertaken intervention of employee involvement is the quality circle. Which of the statement (s) given above is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of the above |
| Answer» C. Both I and II | |
| 607. |
Business process re-engineering is........of business process? |
| A. | Fundamental rethinking |
| B. | Radical redesign |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» D. None of the above | |
| 608. |
Which of the following is not a way for firms to exert power over the environment in which they conduct business? |
| A. | Trade association activity |
| B. | Strategic alliances |
| C. | Restraint of trade practices |
| D. | Lobbying government officials |
| Answer» D. Lobbying government officials | |
| 609. |
National Consumer dispute Redressal Commission is a |
| A. | Constitutional Body |
| B. | Statutory Body |
| C. | Parliamentary Body |
| D. | None of the above |
| Answer» C. Parliamentary Body | |
| 610. |
Name the right, which require manufactures to provide information like ingredients, date of manufacture, price, quantity, directions for use, etc. on the products. |
| A. | Right to Safety |
| B. | Right to be informed |
| C. | Right to Choose |
| D. | Right to consumer Education |
| Answer» C. Right to Choose | |
| 611. |
A complaint can to be made to the state commission, when the claim value is |
| A. | More than ` 20 lakhs |
| B. | Less than ` 20 lakhs |
| C. | More than ` 20 lakhs, but less than ` 1 crore |
| D. | More than ` 1 crore |
| Answer» D. More than ` 1 crore | |
| 612. |
Consumer has a right to acquire knowledge. Identify the right. |
| A. | Right to be informed |
| B. | Right to choose |
| C. | Right to Consumer Education |
| D. | Right to seek Redressal |
| Answer» D. Right to seek Redressal | |
| 613. |
Which act aims to control production, supply and distribution of essential commodities? |
| A. | The Essential Commodities Act, 1955 |
| B. | The contract Act, 1982 |
| C. | The Sale of Goods Act, 1930 |
| D. | The Bureau of Indian Standards Act, 1986 |
| Answer» B. The contract Act, 1982 | |
| 614. |
Consumer Protection Act is applicable to whom? |
| A. | Only private business |
| B. | Only government business |
| C. | All types of business dealing with goods and services |
| D. | None of the above |
| Answer» D. None of the above | |
| 615. |
Agricultural products use a quality certification mark. Name the mark. |
| A. | 131 |
| B. | FPO |
| C. | AGMARK |
| D. | Hallmark |
| Answer» D. Hallmark | |
| 616. |
Name the quality mark used for food products |
| A. | Agmark |
| B. | FPO |
| C. | Hallmark |
| D. | ISI |
| Answer» C. Hallmark | |
| 617. |
Which quality certification mark is used to ensure safety of electrical goods? |
| A. | Hallmark |
| B. | Agmark |
| C. | ISI |
| D. | FPO |
| Answer» D. FPO | |
| 618. |
According to which of the following consumer has the right to select from a variety of goods and services at competitive prices? |
| A. | Right to be heard |
| B. | Right to choose |
| C. | Right to safety |
| D. | Right to seek redressal |
| Answer» C. Right to safety | |
| 619. |
According to which of the following consumer has a right to file a complaint in case of dissatisfaction? |
| A. | Right to be heard |
| B. | Right to choose |
| C. | Right to safety |
| D. | Right to seek redressal |
| Answer» B. Right to choose | |
| 620. |
If aggrieved party is not satisfied with order of district forum, then he can appeal so....... |
| A. | State commission |
| B. | National commission |
| C. | Both a and b |
| D. | None of the above |
| Answer» B. National commission | |
| 621. |
Right to safety can be ensure through |
| A. | FPO mark |
| B. | Trade mark |
| C. | Patent mark |
| D. | Geographical mark |
| Answer» E. | |
| 622. |
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? Assertion (A) Consumer organisation such as NGOs and civil societies ensure check and balance against ill practices of business. Reason (R) CA, 1986 gave legal states to the such organisation. Codes |
| A. | Both A and R are true and R is the correct explanation of A |
| B. | Both A and R are true, but R is not the correct explanation of A |
| C. | A is true, but R is false |
| D. | A is false, but R is true |
| Answer» E. | |
| 623. |
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct? Assertion (A) The objective of the Competition Act is to promote monopoly. Reason (R) The Competition Act helps the market to maintain the prices at the justified level. Codes |
| A. | Both A and R are true and R is the correct explanation of A |
| B. | Both A and R are true, but R is not the correct explanation of A |
| C. | A is true, but R is false |
| D. | A is false, but R is true |
| Answer» E. | |
| 624. |
Government intervention in business is necessary for consumer because |
| A. | If engage in exploitative trade practices |
| B. | It is in interest of business |
| C. | Socialist democracy to be maintained |
| D. | Mentioned in Competition Commission Act |
| Answer» B. It is in interest of business | |
| 625. |
Which right under the Consumer Protection Act 1986 ensure the wide variety of products in terms of quality and brand |
| A. | Right to safety |
| B. | Right to choose |
| C. | Right to consumer information |
| D. | Right to heard |
| Answer» C. Right to consumer information | |
| 626. |
Which of the following act not pertains to legal protection for consumer? |
| A. | The Sale of Goods Act, 1930 |
| B. | The Trade Mark Act, 1999 |
| C. | The Competition Act, 2002 |
| D. | None of the above |
| Answer» E. | |
| 627. |
Where is the Consumer Education and Research Centre located? |
| A. | Delhi |
| B. | Jaipur |
| C. | Pune |
| D. | Ahmedabad |
| Answer» E. | |
| 628. |
Which of the following is not associated with legal protection of consumers? |
| A. | Trade Mark Act, 2002 |
| B. | The Contract Act, 1982 |
| C. | Justice Act, 2011 Juvenile |
| D. | Trade Mark Act, 1992 |
| Answer» D. Trade Mark Act, 1992 | |
| 629. |
Which of the following perspective is insignificant for consumer protection? |
| A. | Moral justification |
| B. | Government intervention |
| C. | Social responsibility |
| D. | Information dissemination |
| Answer» E. | |
| 630. |
Match the following LIST I LIST II A. Services are intangible which means they cannot be touched. 1. Inventory B. Services in which there is no standard fixed for the services of tangible product. 2. Inseparability C. Services cannot be separated from the production activity. 3. Inconsistency D. Services cannot be performed earlier in order to use later. 4. Intangibility Codes |
| A. | A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 |
| B. | A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 |
| C. | A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2 |
| D. | A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 |
| Answer» C. A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2 | |
| 631. |
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements which one of the following is correct? Assertion (A) e-banking refers to electronic banking or banking using electronic media. Reason (R) e-banking is a service provided by banks that enables a customer to conduct banking transactions. Codes |
| A. | Both (A) and (R) are true and (R) is the correct explanation of A |
| B. | (A) is true, but (R) is false |
| C. | Both (A) and (R) are false |
| D. | Both (A) and (R) are true, but (R) is not the correct explanation of |
| Answer» E. | |
| 632. |
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements which one of the following is correct? Assertion (A) Saving accounts can be opened by anyone after satisfying Know Your Customer (KYC) the norms published by RBI. Reason (R) Saving account is meant for individuals who wish to save some amount of money out of their incomes to safeguard their future. Codes |
| A. | Both (A) and (R) are true and (R) is the correct explanation of A |
| B. | (A) is true, but (R) is false |
| C. | Both (A) and (R) are false |
| D. | Both (A) and (R) are true, but (R) is not the correct explanation of |
| Answer» E. | |
| 633. |
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements which one of the following is correct? Assertion (A) Current account are opened by business. These are also known as demand deposit account. Reason (R) Because they are payable on demand by the depositors. Codes |
| A. | Both (A) and (R) are true and (R) is the correct explanation of A |
| B. | (A) is true, but (R) is false |
| C. | Both (A) and (R) are false |
| D. | Both (A) and (R) are true, but (R) is not the correct explanation of |
| Answer» B. (A) is true, but (R) is false | |
| 634. |
Which of the following statement(s) is/are correct? I. Cooperative banking provides easy loans to its member only. II. Specialised banks provide loans for a general purpose of public consumption. Select the correct answer using the codes given below |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | Neither I nor II |
| Answer» B. Only II | |
| 635. |
What is the full form of KYC? |
| A. | Know Your Care |
| B. | Know Your Contact |
| C. | Know Your Customer |
| D. | Know Your Consumer |
| Answer» D. Know Your Consumer | |
| 636. |
Which of the following statement(s) is/are correct? I. e-banking lowers the transaction cost. II. It facilitates the trade stocks and share on upto 13 global stock exchange. Select the correct answer using the codes given below |
| A. | Only I |
| B. | Only II |
| C. | Both I and I |
| D. | Neither I nor II |
| Answer» D. Neither I nor II | |
| 637. |
Which of the following statement(s) is/are correct? I. Payment through RTGS are final and irrevocable. II. Minimum amount of RTGS can be transferred is 2 lakh. Select the correct answer using the codes given below |
| A. | Only I |
| B. | Only II |
| C. | Both I and I |
| D. | Neither I nor II |
| Answer» D. Neither I nor II | |
| 638. |
Identify the correct full form of RTGS system. |
| A. | Rolling turn Groses Settlement |
| B. | Real Time Group Settlement |
| C. | Real Time Gross Settlement |
| D. | Real Turn Group Settlement |
| Answer» C. Real Time Gross Settlement | |
| 639. |
Which of the following instrument is a medium of exchange? I. Bank Draft II. Bank overdraft III. Cheque IV. Fixed deposit amount Select the correct answer using the codes given below |
| A. | I, II and III |
| B. | I and III |
| C. | II, III and IV |
| D. | All of these |
| Answer» C. II, III and IV | |
| 640. |
The physical damage to the voyages are covered under which type of insurance. |
| A. | Cargo insurance |
| B. | Freight insurance |
| C. | Hull insurance |
| D. | Third-party insurance |
| Answer» D. Third-party insurance | |
| 641. |
Bank overdraft facility is available to which type of bank account? |
| A. | Current account |
| B. | Saving account |
| C. | Fixed deposit account |
| D. | Recurring deposit account |
| Answer» B. Saving account | |
| 642. |
The security of National Electronic Funds Transfer (NEFT) is assured by |
| A. | Public key institution |
| B. | Public key infrastructure |
| C. | Indian financial network |
| D. | Electronic fund transfer |
| Answer» C. Indian financial network | |
| 643. |
Which of the following instrument can be called as flat money? |
| A. | Debit and Credit card |
| B. | Bank draft |
| C. | Cheque |
| D. | Paper currency |
| Answer» E. | |
| 644. |
Money is deposited in regular instalments for a specific time period in the feature of |
| A. | Current account |
| B. | Recurring deposit account |
| C. | Saving account |
| D. | Option deposit account |
| Answer» C. Saving account | |
| 645. |
The maximum amount that can be remitted through RTGS is |
| A. | ` 1crore |
| B. | ` 50 lakh |
| C. | ` 2 lakh |
| D. | Unlimited |
| Answer» E. | |
| 646. |
What is the fall form of the letter T in the term RTGS? |
| A. | Time |
| B. | Transaction |
| C. | Tax |
| D. | Transfer |
| Answer» B. Transaction | |
| 647. |
Minimum age for saving account is |
| A. | 5 |
| B. | 10 |
| C. | 15 |
| D. | 18 |
| Answer» C. 15 | |
| 648. |
Consider the following statement(s) regarding IFSC. I. IFSC is an alphanumeric code. II. IFSC is an 11 digit code. III. IFSC is used by NEFT. Which of the statement(s) given above is/are correct? |
| A. | I and II |
| B. | II and III |
| C. | I and III |
| D. | All of these |
| Answer» E. | |
| 649. |
Match the following List I List II A. It is the certificate of posting which is received on payment of the prescribed fee. 1. Registered Post B. It is a postal facility under which it is ensured that the mail is delivered to the address or it comes back to the sender. 2. Under Postal Certificate (UPC) C. Under this facility, articles can be sent across the country as well as outside the country. 3. Speed Post D. This service is designed for very fast delivery of mail. 4. Parcel Post Codes |
| A. | A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 |
| B. | A\[\to \]3, B\[\to \]2, C\[\to \]1, D\[\to \]4 |
| C. | A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2 |
| D. | A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3 |
| Answer» B. A\[\to \]3, B\[\to \]2, C\[\to \]1, D\[\to \]4 | |
| 650. |
Consider the following statement(s). I. The Government of India has divided the whole country into 22 postal circles. II. These circles manage the day-to-day working and perform various services through post offices, sub-post offices and branch post offices. III. The communication services are responsible for the transmission. Which of the statement(s) given above is/are correct? |
| A. | I and II |
| B. | II and III |
| C. | I and III |
| D. | All of the above |
| Answer» E. | |