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Business Knowledge Challenge

Authored by Rakesh Sharma

Business

12th Grade

Business Knowledge Challenge
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common marketing strategy used to increase brand awareness?

Social media marketing

Television advertising

Email marketing

Print media campaigns

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define the term 'cash flow' in financial management.

Cash flow refers to the total profit of a business.

Cash flow is the net amount of cash being transferred into and out of a business.

Cash flow is the amount of debt a company has.

Cash flow is the value of assets owned by a business.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of business ethics?

To guide behavior and ensure moral conduct in business.

To avoid legal issues and penalties.

To create a competitive advantage over rivals.

To maximize profits at any cost.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is life insurance primarily designed to provide?

Financial protection for beneficiaries upon the policyholder's death.

Coverage for medical expenses and health issues.

Investment growth for the policyholder during their lifetime.

A savings account for retirement planning.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does IRDA stand for and what is its role?

Insurance Review and Development Agency

Insurance Risk and Development Association

International Regulatory and Development Authority

Insurance Regulatory and Development Authority

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main function of SEBI in the financial market?

To issue new currencies for the government.

To provide loans to businesses.

To manage the stock portfolios of wealthy individuals.

To regulate the securities market and protect investor interests.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the concept of a mutual fund.

A mutual fund is a government program that invests in real estate.

A mutual fund is a pooled investment that allows multiple investors to collectively invest in a diversified portfolio managed by professionals.

A mutual fund is a type of savings account with guaranteed returns.

A mutual fund is a loan given to a single investor for personal use.

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