corporateVolume1

CNV1-I1-19-Business Quiz

Viral Patel

2 min

Be among the first three lucky winners, with correct answers to the questions and get a complimentary copy of CORPORATE NOTEPAD.

1. There are random events that underlie our lives. Their impact is huge they’re nearly impossible to predict; yet after they happen, we always try to rationalize them. A rallying cry to ignore the ‘experts’. Under the light of above statement as mentioned by Nassim Nicholas Taleb, there are …………………………………; who shows us how to stop trying to predict everything and take advantage of uncertainty, they are:

  • Wild Cats
  • Shinning Stars
  • Black Swans
  • Cash Cows

2. There are 3 friends X, Y and Z. X has a small stationery shop, Y has a general Store and Z works in a company. Once Z buys a pen from the shop of X and gives him Rs 500. X didn’t had smaller denomination of currencies to return the balance to Z. Hence, he goes to Y and request him for change. Y gives him change of Rs 500. Thereafter X keeps Rs 70 as the cost price of the pen and returns the balance to Z. In few minutes, Y comes to X and says that the note given by him is a fake one. Without uttering a single word, X gives another note to Y. In the above scenario, how much is the total financial loss for all three friends?

  • Rs 500
  • Rs 570
  • Rs 530
  • Rs 1070

3. The Net Operating Profit After Tax of a firm less the multiplied value of Cost of Funds and Capital Employed to finance investments; is otherwise called as:

  • EBIT
  • BEP
  • FL
  • EVA

4. __________ is a contract, where the bonding company agrees to reimburse a firm up to a stated amount for financial losses caused by dishonest acts of managers:

  • Fidelity Bonds
  • Masala Bonds
  • Deep Discount Bonds
  • Negative Beta Bonds

5. The ‘Eternal Culture of Masters’ best approximates to:

  • The eternity of cultures
  • The stream of cultures
  • The yogic cultures of the saints
  • Mastering the cultures

6. The paper industry is fast getting replaced by digital platforms. In the business world of paper manufacturing in India, which is used in largest quantity?

  • Salai Wood
  • Sabai Grass
  • Cotton Rags
  • Bamboo Grass

7. In the business world, the meaning of ‘Action Research’ is:

  • Longitudinal research
  • Fundamental research
  • Research initiated to solve an immediate problem
  • Research having socio economic objectives

8. MUDRA Bank Yojana has an objective of encouraging entrepreneurs and small business units to expand their capabilities. Which is NOT the scheme of the bank?

  • Shishu
  • Yuva
  • Kishore
  • Tarun

9. The primary purpose of software is to turn data into:

  • Web sites
  • Information
  • Programs
  • Objects

10. A compiler translates a program written in a high level language into:

  • Machine Language
  • An algorithm
  • A debugged
  • Java