Business studies
Test Your Business Knowledge
Are you ready to challenge your understanding of business studies? This quiz is designed to help you test your knowledge on various aspects of business, including risks, capital, public sector undertakings, and cooperative societies.
Take this opportunity to evaluate what you’ve learned:
- 10 diverse questions
- Multiple choice answers
- Instant scoring and feedback
The possibilities of inadequate profits or even losses due to uncertainties are known as ____________
Business contingencies
Business risks
Business ventures
None of these
Capital is not an essential element in :
Employment
Profession
Business
None of these
Which is not the profit of MNC’s
Increase in foreign investment
Increase in Employment
Danger to domestic industries
Loss of control
Centralised control in MNC’s implies control exercised by
Branches
Subsidiaries
Headquarters
Parliament
Departmental Undertakings are suitable in case of
National security
Commercial undertakings
Industrial undertakings
Infrastructural Facilities
Which one of the following is NOT a public sector undertaking?
Partnership
Departmental undertaking
Government companies
Statutory corporation
The karta in Joint Hindu Family business has :
Limited liability
Unlimited liability
No liability for debts
Joint liability
What do you understand by the term unlimited liability?
The personal assets of the owner can be sold when the assets of the business are not enough to pay
The personal assets of the owner cannot be sold at all
The personal assets of the owner can be sold, according to the wish of the creditors
The personal assets of the owner can be sold, only to a limited extent
In a cooperative society the principle followed is
One share one vote
Multiple votes
One man one vote
No vote
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