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WorksheetsBusiness Quiz 2021
Total questions: 15
Worksheet time: 8mins
Management is Defined as ?
An Art
A Science
Both Science and Art
None of the Above
The Mother of all Economic Problem is ............................?
Demand
Supply
Resources
Scarcity
Father of Economics?
Adam Smith
Marshall
Keynse
Malthus
What type of economy is followed in India?
Communist
Captialist
Mixed Socialist
None of these
The central banking functions in India are performed by the
Central Bank of India
Reserve Bank of India
State Bank of India
Punjab National Bank
Who is the finance Minister of India?
Amit Shah
Nirmala Sitaraman
Narender Modi
None of Above
What is the Official Currency of India ?
Pound
Dollar
Peso
Rupee
To have an effective delegation is important to have a responsibility along with?
Authority
Manpower
Incentives
Promotion
Who is the Father of Scientific Management?
Henry Fayol
Elton Mayo
Chester Bernard
F W Taylor
According to Balance Sheet equation concept, the capital will be–
Capital = Liabilities – Assets
Capital = Fixed Assets –
Current Assests
Capital = Assets – Liabilities
Capital = Assets + Liabilities
A large amount spent on special advertisement is–
Capital Expenditure
Revenue Expenditure
Revenue Loss
Deferred Revenue Expenditure
According to going concern concept a business entity is assumed to have–
A long Life
A small Life
A very Short Life
A definite Life
The Agreement of Parternship ?
Must be Oral
Must be Writing
Can be either oral or writing
Must be in writing on stamp paper
Which of the following types of business organisation has a separate legal entity ?
Joint Hindu Family Business
Partnership
Joint Stock Company
None of the Above
Which item does not cause business risk?
Break down of Machinery
Efficient Management
Riot
Changing Government Policy
