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.
| 651. |
Which of the following is not applicable to life insurance contract |
| A. | Conditional contract |
| B. | Unilateral Contract. |
| C. | Indemnity contract |
| D. | None of the above |
| Answer» D. None of the above | |
| 652. |
Which among the following accounts a lump-sum amount is deposited for a specified period of time? |
| A. | Current account |
| B. | Fixed deposit account |
| C. | Recurring deposit account |
| D. | None of the above |
| Answer» C. Recurring deposit account | |
| 653. |
Which of the following helps in withdrawing and depositing money |
| A. | Debit Card |
| B. | Credit Card |
| C. | Automated Teller Machine |
| D. | None of the above |
| Answer» D. None of the above | |
| 654. |
Which of the following is mainly responsible for the transformation of information and ideas? |
| A. | Electronic media |
| B. | Print media |
| C. | Postal services |
| D. | All of these |
| Answer» B. Print media | |
| 655. |
Consider the following statement(s). I. NEFT facilitates the transaction in a particular period of time. II. The remitter can track the NEFT transaction through the originating bank branch. III. There is limit on the amount of funds that could be transferred using 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» B. II and III | |
| 656. |
Consider the following statement(s). I. In recurring deposits, the account holder is required to deposit a specified sum of money every month. II. They are also termed as cumulative time deposits. III. They are opened for a long period of time. 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. | |
| 657. |
Which of the following account is also known as demand deposit account? |
| A. | Saving account |
| B. | Current account |
| C. | Fixed deposit account |
| D. | None of the above. |
| Answer» C. Fixed deposit account | |
| 658. |
Insurable interest should be at the time of loss in case of.......... |
| A. | Life |
| B. | fire insurance |
| C. | Marine insurance |
| D. | All of the above |
| Answer» D. All of the above | |
| 659. |
Which of the following is not a function of insurance |
| A. | Risk sharing |
| B. | Assist in capital formation |
| C. | Lending of funds |
| D. | None of the above |
| Answer» D. None of the above | |
| 660. |
A ......... cannot enter into insurance contract. |
| A. | Minor |
| B. | Person of unsound mind |
| C. | A person disqualified by court |
| D. | None of these |
| Answer» E. | |
| 661. |
The liability of the insurance company in respect of insurance starts after............. |
| A. | Filling proposal form |
| B. | Entering into contract |
| C. | Payment of the contract |
| D. | All of the above |
| Answer» D. All of the above | |
| 662. |
Match the following List I List II A. Services which facilitate finance to the business firm or to any household. 1. Insurance services B. Services in which an insurance company after charging certain fee transfers the risk of the businessman. 2. Banking services C. To store the material in regular manner from being processed till consumption. 3. Communication D. Mode by which enquiry of products, orders, complaints and suggestions are made easily. 4. Warehousing 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\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 |
| D. | A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 |
| Answer» D. A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 | |
| 663. |
RBI can be taken as an example of |
| A. | Departmental undertaking |
| B. | Statutory corporation |
| C. | Government company |
| D. | None of the above |
| Answer» C. Government company | |
| 664. |
Air India is an example of......... |
| A. | Departmental organisation |
| B. | Government company |
| C. | Public corporation |
| D. | Joint venture |
| Answer» E. | |
| 665. |
Feature of private sector enterprise is |
| A. | Owned by private individuals |
| B. | Social welfare is the main objective |
| C. | Controlled by government |
| D. | None of the above |
| Answer» B. Social welfare is the main objective | |
| 666. |
Life Insurance Corporation is an example of.......... |
| A. | Departmental organisation |
| B. | Public corporation |
| C. | Government company |
| D. | Trust |
| Answer» C. Government company | |
| 667. |
Direction: In the questions given below ore 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) A multinational corporation operates in more country. Reason (R) It has its branches, factories, offices in severed countries. 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 A |
| Answer» E. | |
| 668. |
Direction: In the questions given below ore 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) Departmental undertakings are subject to accounting and audit controls applicable to other government activities. Reason (R) The control on departmental undertaking is very effective as it is subject to parliamentary control. 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 A |
| Answer» E. | |
| 669. |
The example of private sector enterprise is |
| A. | Sole proprietorship |
| B. | Partnership |
| C. | Joint Hindu family |
| D. | All of the above |
| Answer» E. | |
| 670. |
Control and ownership of statutory corporation is of |
| A. | Sate Government |
| B. | Central Government |
| C. | State Government or Central Government |
| D. | None of the above |
| Answer» D. None of the above | |
| 671. |
Which of the following statement(s) is/are correct? I. Government approval is compulsory when non-resident India is involve in joint venture. II. Joint venture agreement will be automatically terminated after a shared equally. 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» D. Neither I nor II | |
| 672. |
Which of the following reason, best explains, the reason behind joint ventures? |
| A. | Public service |
| B. | Risk minimisation |
| C. | Profit maximisation |
| D. | Business expansion |
| Answer» E. | |
| 673. |
Which of the following company is not a joint venture? |
| A. | Maruti Suzuki |
| B. | Bharti and Airtel |
| C. | Reliance |
| D. | All of these |
| Answer» D. All of these | |
| 674. |
Which of the following organisation service due to their financial strength? |
| A. | Public sector |
| B. | Cooperative |
| C. | Multinational companies |
| D. | None of the above |
| Answer» D. None of the above | |
| 675. |
Consider the following statement(s) I. MNCs may issue equity shares, debenture or bonds to the public. II. They can easily avail loans from the financial institutions and international banks. III. Investors and banks of the host country are interested in investing them. 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. | |
| 676. |
Consider the following statement(s). I. The government is the only shareholder in some of the companies. II. Provision of the companies act does not have relevance. III. A separate act in parliament is not required. 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» B. II and III | |
| 677. |
Steel Authority of India falls under which type of organisation? |
| A. | Public sector |
| B. | Government company |
| C. | Departmental undertakings |
| D. | Cooperatives |
| Answer» C. Departmental undertakings | |
| 678. |
Under which of the following Air India, State Bank of India etc. comes? |
| A. | Private sector |
| B. | Cooperatives |
| C. | Departmental undertaking |
| D. | Statutory corporation |
| Answer» E. | |
| 679. |
Separate legal existence is the feature of |
| A. | Government company |
| B. | Statutory company |
| C. | Departmental undertaking |
| D. | Both government and statutory company |
| Answer» E. | |
| 680. |
Which of the following organisations has the power of the government and considerable amount of operating flexibility of private enterprises? |
| A. | Departmental undertaking |
| B. | Government company |
| C. | Statutory corporation |
| D. | None of the above |
| Answer» D. None of the above | |
| 681. |
Which of the following organisations headed by civil servants and Indian Administrative service offices? |
| A. | Departmental undertaking |
| B. | Cooperative |
| C. | Private sector company |
| D. | None of the above |
| Answer» B. Cooperative | |
| 682. |
Which of the following types of organisation are accountable to public through the parliament? |
| A. | Public enterprises |
| B. | Private sector company |
| C. | Cooperative |
| D. | None of the above |
| Answer» B. Private sector company | |
| 683. |
Which of the following is formed and governed by the government to participate in economic activities on behalf of it? |
| A. | Cooperatives |
| B. | Multinational company |
| C. | Private sector company |
| D. | Public- enterprises |
| Answer» E. | |
| 684. |
What must be the minimum share of the government in paid up capital of government company? |
| A. | 25% |
| B. | 50% |
| C. | 51% |
| D. | 75% |
| Answer» D. 75% | |
| 685. |
Which among the following is an artificial person existing only in the eyes of law with perpetual succession? |
| A. | Corporation |
| B. | Company |
| C. | Joint Hindus family |
| D. | None of the above |
| Answer» C. Joint Hindus family | |
| 686. |
After 1991 policy number of reserved industries for the public sector |
| A. | Increased |
| B. | reduced |
| C. | Remained same |
| D. | closed |
| Answer» C. Remained same | |
| 687. |
Indian Railways comes under |
| A. | Departmental undertaking |
| B. | Statutory corporation |
| C. | Government company |
| D. | None of the above |
| Answer» B. Statutory corporation | |
| 688. |
What is the limitation of statutory corporation? |
| A. | Political interference |
| B. | Delay in action |
| C. | Unfair practices |
| D. | All of the above |
| Answer» E. | |
| 689. |
Which is not the merit of departmental undertaking? |
| A. | Public accountability |
| B. | Suitable for national security |
| C. | Optimum utilisation of funds |
| D. | Customer orientation |
| Answer» E. | |
| 690. |
Consider the following statements. I. Retained earnings is sum of the all profits retained. II. Retained earnings is reduced by losses. Which of the statements given above is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of these |
| Answer» D. None of these | |
| 691. |
Consider the following statements. I. Retained earnings is readily available. II. Retained earnings provides unlimited finance. Which of the statements given above is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of these |
| Answer» B. Only II | |
| 692. |
Consider the following statements. I. Equity provides permanent capital to the company. II. Investors in equity shares get higher return and bear higher risks. Which of the statements given above is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of these |
| Answer» D. None of these | |
| 693. |
Business finance is used in |
| A. | Small business |
| B. | large business |
| C. | All business |
| D. | None of the above |
| Answer» D. None of the above | |
| 694. |
Credit rating is done by institutions which are |
| A. | specialised |
| B. | expert |
| C. | Reputed |
| D. | All of these |
| Answer» D. All of these | |
| 695. |
What are the use of credit rating agencies? |
| A. | Imposing healthy discipline on borrowers |
| B. | Reducing interest cost for highly rated companies |
| C. | Encouraging greater information disclosure |
| D. | All of the above |
| Answer» E. | |
| 696. |
ONICRA has been set up to rate the credit-worthiness of |
| A. | Corporate consumers |
| B. | non-corporate consumers |
| C. | Both a and b |
| D. | None of the above |
| Answer» C. Both a and b | |
| 697. |
ICICI as a development financial institution |
| A. | Still exist |
| B. | Now does not exist |
| C. | Exist but will close soon |
| D. | None of the above |
| Answer» C. Exist but will close soon | |
| 698. |
In May 2002 ICICI was merged with |
| A. | IDBI |
| B. | HDFC |
| C. | ICICI Bank |
| D. | None of these |
| Answer» D. None of these | |
| 699. |
SIDBI helps in |
| A. | Economic growth |
| B. | Employment generation |
| C. | Balanced regional development |
| D. | All of the above |
| Answer» E. | |
| 700. |
Business finance is the capital that supports ......... of entrepreneurs. |
| A. | Creation |
| B. | growth |
| C. | Sustainability |
| D. | All of the above |
| Answer» E. | |