List of practice Questions

Madras, Bombay, and Calcutta were the anglicized names of _______ where the British first set up trading posts.

Which among the following travelers visited the city of Vijayanagara during the 15th century?
(A) Domingo Paes
(B) Abdur Razzaq
(C) Afanasii Nikitin
(D) Fernao Nuniz
(E) Nicolo de Conti

Lord Jagannatha is a form of which God?

Which Sufi teacher was also known as the ‘Gharib Nawaz’?

Which of the following are advantages of functional structure of an organisation?
(A) Leads to occupational specialisation.
(B) Places less emphasis on organisational objectives.
(C) Promotes coordination and control within a department.
(D) Increases operational efficiency.
Choose the correct answer from the options given below:

Match List-I with List-II:

Choose the correct answer from the options given below:

The key position of top-level management is___.

”Management always works by keeping an end result or aim of the organisation. All activities of managers are directed towards the end result.” From the above statement, identify the feature of management.

Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity.

Coordination unifies unrelated interests into purposeful work activity. Identify the nature of it.

Debt is____cheaper, but more__risky for a business because the payment of interest and the return of principal is obligatory for the business.

A proper matching of funds requirements and their availability is sought to be achieved by .

Financial management aims at choosing the best investment and financing alternatives. Its objective is to:

Identify the function performed by SEBI: “It controls insider trading and imposes penalties for such practices.”

Qualities of a successful entrepreneur do not include:

The market where existing securities are bought and sold is known as

Identify the correct sequence of trading settlement procedure:
(A) The investor has to sign a broker client agreement.
(B) The investor has to open a ’Demat’ Account.
(C) An order confirmation slip is issued to the investor by the broker.
(D) The broker will then go online and connect to the main stock exchange.
Choose the correct answer from the options given below:

The informal organisation offers many benefits. Important among them are given below:
(A) Prescribed lines of communication are not followed. Thus, informal organisation leads to faster spread of information as well as quick feedback.
(B) It helps to fulfil the social needs of the members and allows them to find like-minded people. This enhances their job satisfaction since it gives them a sense of belongingness in the organisation.
(C) It contributes towards fulfilment of organisational objectives by compensating for inade-quacies in the formal organisation.(D) Unity of command is maintained through an established chain of command.
Choose the correct answer from the options given below:

The formal organisation can be better understood by a study of its features which are as follows:
(A) It specifies the relationships among various job positions and the nature of their inter relationship.
(B) It is a means to achieve the objectives specified in the plans, as it lays down rules and procedures essential for their achievement.
(C) Independent channels of communication without specified direction of flow of information are developed by group members.
(D) It is deliberately designed by the top management to facilitate the smooth functioning of
the organisation.
Choose the correct answer from the options given below:

Identify the correct sequence of Organising function of management:
(A) Establishing authority and reporting relationships
(B) Departmentalisation
(C) Identification and division of work
(D) Assignment of duties

Match List-I with List-II on the basis of meaning and the term:

Identify the method of flotation in the Primary Market wherein a company sells securities en bloc. at an agreed price to a broker.

Identify the Consumer Right “The consumer has the freedom to access variety of products at competitive prices. This implies that the marketers should offer a wide variety of products in terms of quality, brand, prices, size, etc.”

Identify the importance of consumer protection discussed in the following lines “Business organisations make money by selling goods and providing services to consumers. Thus, consumers form an important group among the many stakeholders of business and like other stakeholders, their interest has to be well taken care of.”

If any of the parties are not satisfied by the order of , they can appeal against such order to the State Commission on the grounds of facts or law within a period of forty-five days from the date of order.