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Mega Quiz - Phase II

Total questions: 100

Worksheet time: 33mins

Name
Class
Date
1.

Which of the following industries is the not covered in the Index of Eight Core Industries?

a)

Natural Gas

b)

Electricity

c)

Crude Oil

d)

Pharmaceutical

2.

Very recently, which city announced that it will subsidize travel in public transport for women commuters?

a)

Uttar Pradesh

b)

Rajasthan

c)

Punjaab

d)

Bihar

e)

Delhi

3.

The Reserve Bank of India has revealed that over 6,800 cases of bank fraud involving an unprecedented _______ crore were reported in 2018-19

a)

Rs. 71,000

b)

Rs. 80,000

c)

Rs. 71,500

d)

Rs. 70,000

e)

Rs. 85,000

4.

Who among the following has been chosen for the prestigious Global Leadership Awards 2019?

a)

Satya Nadella

b)

Indra Nooyi

c)

Sundar Pichai

d)

Dinesh Paliwal

e)

Navin Chawla

5.

Which country will host the 2023 Asian Cup football?

a)

Japan

b)

South Korea

c)

Cambodia

d)

China

e)

Vietnam

6.
For which of the following disciplines is Nobel Prize awarded?
a)
Physics and Chemistry
b)
Physiology or Medicine
c)
Literature, Peace and Economics
d)
All of the above
7.
Golf player Vijay Singh belongs to which country?
a)
USA
b)
Fiji
c)
India
d)
UK
8.
Each year World Red Cross and Red Crescent Day is celebrated on
a)
May 8
b)
May 18
c)
June 8
d)
June 18
9.
The present Lok Sabha is the
a)
13th Lok Sabha
b)
14th Lok Sabha
c)
15th Lok Sabha
d)
16th Lok Sabha
10.
Who is the father of Geometry?
a)
Aristotle
b)
Euclid
c)
Pythagoras
d)
Kepler
11.
Who was known as Iron man of India?
a)
Govind Ballabh Pant
b)
Jawaharlal Nehru
c)
Subhash Chandra Bose
d)
Sardar Vallabhbhai Patel
12.
This state has launched an exclusive 24x7 helpline '181' for women?
a)
Uttar Pradesh
b)
Telangana
c)
Assam
d)
Jharkhand
13.
Facebook and this state joint hand to launch She Means Business programme for women entrepreneurs.
a)
Maharastra
b)
Rajasthan
c)
Odisha
d)
Uttar Pradesh
14.

Who has been reappointed as RBI Governor?

a)

S. Vishwanathan

b)

B. P. Kanungo

c)

S. Mundra

d)

R. Gandhi

15.

Who represented India in the G20 Trade and Investment Ministerial virtual meeting?

a)

Rajnath Singh

b)

Piyush Goyal

c)

S Jaishankar

d)

Nirmala Sitharaman

16.

Which University’s Department of Molecular & Human Genetics has claimed to have discovered a new technology to test COVID-19 virus?

a)

AMU

b)

Jamia

c)

University of Hyderabad

d)

BHU

17.

Which 2 behaviors should you copy to avoid spreading COVID-19?

a)

Wash hands

b)

Cover your cough

c)

Cough everywhere

d)

Touch everybody

18.

If you cannot wash your hands with soap and water, alcohol-based sanitizers are good alternative.

a)

False

b)

True

19.

If you cannot wash your hands with soap and water, alcohol-based sanitizers are good alternative.

a)

False

b)

True

20.

Practicing "social distancing" means you should...

a)

Avoid attending large gatherings in-person when possible

b)

Stay several feet away from others whenever possible

c)

Stop talking to friends and family

d)

NEVER leave your house

21.

How is COVID-19 spread?

a)

Certain types of food

b)

Coughing and sneezing

c)

Touching contaminated objects

d)

Staying inside too much

22.

What are common items we touch everyday that easily spread germs and viruses? [Select all that apply]

a)

Cell phones

b)

Door handles

c)

My homework

d)

My AR book

23.
Who is the father of Computer?
a)
Mike Brown
b)
Charles Babbage
c)
Tim cook
d)
Bell
24.
Keyboard is ......... device?
a)
An Output
b)
An Input
c)
Software
d)
Memory
25.
Which of the following is a presentation program?
a)
MS Word
b)
MS Excel
c)
MS PowerPoint
d)
None  of the above
26.
How many generations of computers we have?
a)
6
b)
7
c)
4
d)
5
27.
Which of the following is a storage device?
a)
Hard Disk
b)
USB Disk
c)
Floppy Disk
d)
  All of the above
28.

Steps

a)

Input ---> Process ---> Output

b)

Input ---> Output ---> Process

c)

Output ---> Process ---> Input

29.

Super Profit is

a)

Normal Profit- Average Profit

b)

Average Profit- Normal Profit

c)

Normal Profit +Average Profit

d)

None of these

30.

For getting share in profits, a new partner brings

a)

Capital

b)

Loan

c)

Goodwill

d)

None of these

31.

Example of an Intangible assets

a)

Debtors

b)

Plant and Machinery

c)

Goodwill

d)

None of these

32.

a person who owes money to a firm against goods sold is called

a)

Creditor

b)

Debtor

c)

Both a and b

d)

None of these

33.

Bank Overdraft is

a)

Current liability

b)

Non- Current liability

c)

Contingent liability

d)

None of these

34.

Those Assets which are acquired for the purpose of increasing the earning capacity of the business is called

a)

Financial assets

b)

Current Assets

c)

Fixed Assets

d)

None of these

35.
Reviewing 10 employee applications for cashier vacancy
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
36.
Taking inventory (count) of all merchandise in stock on a daily basis
a)
Planning
b)
Organizing / Staffing
c)
Leading
d)
Controlling
37.

What types of activities does the management include? (3)

a)

informational activities

b)

decisional activities

c)

inter-personal activities

d)

physical activities

e)

social activities

38.

What are the three levels of management:

a)

Administrative

b)

Executory

c)

Supervisory / Operative / First-line managers.

d)

office

e)

subordinative

39.

Which level of managements consists of supervisors, foreman, section officers, superintendent etc

a)

Administrative

b)

Executory

c)

Supervisory

40.

Which of the following IS NOT one of the most widely accepted functions of management:

a)

Planning

b)

Organizing

c)

Staffing

d)

Motivating

e)

Controlling

41.
Developing, promoting, and distributing products to satisfy the wants and needs of a customer
a)
Goods
b)
Services
c)
Marketing
d)
Tangible
42.
That which can be touched
a)
Goods
b)
Services
c)
Marketing
d)
Tangible
43.
Any place buyers and sellers exchange goods, services, and some form of money.
a)
Goods
b)
Advertising
c)
Marketing
d)
Marketplace
44.
Which can be a barrier to effective communication
a)
Full colour advertising brochure
b)
Early morning meeting between two workers
c)
Poorly worded letter
d)
Memo sent down the chain of communication
45.
A business owned and run by 2 or more people is called...
a)
Partnership
b)
Sole Proprietorship
c)
Corporation
46.
Taylor Swift recommends this mouthwash. This is an example of...
a)
Glittering Generalities 
b)
Bandwagon
c)
Testimonials
d)
Celebrity 
47.

Ads on stadium snack-packs, posters in public restrooms and campus laundry rooms, and ads on the scoreboards of swimming pools are all examples of:

a)

Ambient marketing

b)

Place-based marketing

c)

Outdoor advertising

d)

Viral marketing

48.
Economics is...
a)
studying goods, services, and how people can get them.
b)
studying trees, bushes, and other plants.
c)
studying animals and wildlife.
d)
studying food, and how food is made.
49.
Economic system where government controls everything.
a)
Market
b)
Command
c)
Mixed
d)
Free Enterprise
50.
Type of Economy that is half command and half market
a)
Traditional
b)
Command
c)
Market 
d)
Mixed
51.
If the supply of a good is higher than the demand, what happens to the price?
a)
It stays the same
b)
Price goes down
c)
Price goes up
d)
It's FREE!!
52.
If there is no competition in your market, how would that impact your business?
a)
You could charge more for your product
b)
You would make more
c)
You would hire more employees
d)
You would charge less for your product
53.

2.When will GDP at market price be equal to GDP at factor cost ?

a)

Indirect taxes=subsidy

b)

indirect taxes >subsidy

c)

indirect taxes < subsidy

d)

none of these

54.

1.How many approaches in calculating national income?

a)

4

b)

3

c)

2

d)

1

55.

5.The value of the output of all goods and services produced within a country in a year.

a)

total output

b)

Gross Domestic Product

c)

national income

d)

net domestic product

56.

GDP-depreciation

a)

NDP

b)

GDP

c)

NNP

d)

GDPMp

57.

Net national product does not include_______________.

a)

Interest on consumer loans

b)

Undistributed corporate profit

c)

Taxes on corporate profits

d)

Depreciation

58.

The difference between gross national product at market price and gross national product at factor cost is __________________.

a)

Exports and imports

b)

Net factor income from abroad

c)

Subsidies and indirect taxes

d)

Depreciation

59.

The main factor that differentiates gross domestic product from gross national product is ________________________.

a)

Inflow and outflow of capital.

b)

Income from investment

c)

Foreign investment

d)

Exports and imports of goods

60.

What's ethics all about?

a)

An ethnic minority

b)

A person who's a bit daft

c)

Morally correct behavior

d)

Making lots of money out of customers, bleeding them dry!

61.
An act of an employee exposing an employer’s wrongdoing to outsiders.
a)
Ethical Issue
b)
Plagiarism
c)
Consumerism
d)
Whistleblowing
62.
A set of guidelines for maintaining ethics in the workplace. 
a)
Code of Ethics
b)
Code of Conduct
c)
Integrity
d)
Code of Honor
63.

_______ protects the name and identifying symbol of a product or company.

a)

Trade secret

b)

Patent

c)

Trademark

d)

Copyright

64.

Which is NOT TRUE about the needs for corporate governance?

a)

To avoid mismanagement

b)

To enable companies operate more efficiently, to improve access to capital, mitigate risk and safeguard stakeholders

c)

To increase the accountability of your company and to avoid massive disasters before they occur

d)

To analyze of an organization's operations and maintenance of systems of internal controls can help detect and prevent various forms of fraud and other accounting irregularities.

65.

Who runs the company operations for large companies?

a)

Shareholders

b)

Board of Directors

c)

External auditors

d)

Stakeholders

66.

Select the GST free items

a)

Milk

b)

Soft drink

c)

Biscuits

d)

Tea

e)

Cheese

67.

GST (tax) credits is classified as;

a)

current asset

b)

current liability

c)

non-current asset

d)

non-current liability

68.

Another name for GST collected is:

a)

GST payables

b)

GST tax credits

c)

GST credits

d)

GST outlay

69.
GST is known as;
a)
Goods and Services Tax
b)
Goods and Services Taxation
c)
Gold and Services Tax
d)
Gold and Sanctions Tax
70.
Which of the following best describes quality?
a)
The service provided to a customer before, during and after purchasing.
b)
Products being made to a high standard to meet customer needs.
c)
A high level of productivity.
71.

A business checks products after they are made. What is this an example of?

a)

Quality Control

b)

Quality Circles

c)

Quality Assurance

72.

When products are checked at each stage of production, what is this an example of?

a)

Quality Control

b)

Quality Circles

c)

Quality Assurance

73.

When products are checked at the end of the production process this is called

a)

Quality Assurance

b)

Quality Circles

c)

Quality Control

74.

Total Quality Management involves

a)

Management

b)

management, workforce, suppliers, and even customers, in order to meet or exceed customer expectations.

c)

management and customers, in order to meet or exceed customer expectations.

75.

What is meant by the term “recession”?

a)

high employment

b)

high unemployment

c)

high supply and demand

d)

low supply and demand

76.

The value of the good or service forgone by choosing another investment is called

a)

opportunity cost

b)

purchasing power parity

c)

disposable income

d)

consumer price index

77.

In which year first five year plan was launched?

a)

1950

b)

1951

c)

1956

d)

1960

78.

For how many days in a year a person should reside in India before applying for the enrolment of Aadhar Card?

a)

182 days

b)

187 days

c)

360 days

d)

150 days

79.

What is the full form of LRS?

a)

Liberalized Remittance Scheme

b)

Liberalized Refundable Scheme

c)

Liberalized Reliving Scheme

d)

None of the above

80.

How many Mutual Fund companies are there in India approx?

a)

43

b)

45

c)

55

d)

60

81.

Which transmission allows data to travel in both directions but only one direction at a time?

a)

Simplex

b)

Full duplex

c)

Half duplex

d)

Reverse

82.

The headquarters of Amazon company are located in –

a)

California

b)

Seattle

c)

New York

d)

Detroit

83.

Volkswagen is a company based in

a)

Germany

b)

Sweden

c)

France

d)

Russia

84.

C in FMCG (with respect to companies) stands for?

a)

Cosmetic

b)

Consumer

c)

Competitive

d)

Cheap

85.

Which company manufactures Pixel brand of mobile phones?

a)

Google

b)

Microsoft

c)

Amazon

d)

None of the above

86.

The Imperial Bank of India, after its nationalization came to be known as

a)

Reserve Bank of India

b)

State Bank of India

c)

United Bank of India

d)

Indian Overseas Bank

87.

Which of the following public sector banks has the largest number of branches in foreign countries?

a)

Bank of India

b)

Bank of Baroda

c)

Punjab National Bank

d)

Corporation Bank

88.

In which year was the Reserve Bank of India established ?

a)

1935

b)

1938

c)

1955

d)

1970

89.

ATMs that are owned and managed by non-banking entities are known as

a)

Red Label ATMs

b)

White Label ATMs

c)

Green Label ATMs

d)

Blue Label ATMs

90.

The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called

a)

Cash reserves

b)

Deposit reserves

c)

Excess reserves

d)

Momentary reserves

91.

Which Indian athelete has been made an ambassador by PepsiCo for its sports drink brand Gatorade?

a)

Sushil Kumar

b)

Bajrang Punia

c)

Hima Das

d)

Vijendra Singh

92.

What is India's rank in UNCTAD's Business-to-Consumer E-commerce Index 2019?

a)

73rd

b)

63rd

c)

53rd

d)

83rd

93.

Which Indian company tops in the Forbes'World's best 'regarded' companies list 2019?

a)

Larsen & Toubro

b)

TCS

c)

Infosys

d)

Tata Motors

94.

World Sleep Day is observed on which date?

a)

March 13

b)

March 14

c)

March 12

d)

March 15

95.

Which mobile app has been launched by Punjab to spread awareness on coronavirus precautions?

a)

Cova Punjab

b)

Covid 19 Madad

c)

Corona Gyan

d)

Cov Punj

96.

Which one is not component of marketing mix

a)

Product

b)

Distribution

c)

Price

d)

Production

97.

JIT stands for

a)

Just in Time

b)

Juice in Time

c)

Judgement in Time

d)

Just in Text

98.

Life is Good is the punch line of

a)

LG

b)

Philips

c)

Samsung

d)

None of the above

99.

Productivity is equal to

a)

Input - output

b)

Output/Input

c)

Input * Output

d)

Output- Input

100.

For Excellence in life is the tagline of which Organisation

a)

Ample India

b)

Irfan Bashir Foundation

c)

Infosys

d)

None of the above