Business Awareness problems
- 1. Oligopolistic industries are characterized by
Options- A. a few dominant firms and no barriers to entry
- B. a large number of firms and low entry barriers
- C. a few dominant firms and substantial entry barriers
- D. a few dominant firms and low entry barriers Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO
Correct Answer: a few dominant firms and substantial entry barriers
Explanation:
Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.
- 2. Which of the following does not fall into the functions ofPayments Banks?
Options- A. acceptance of demand deposits
- B. Internet banking
- C. remittance services
- D. lending services Also asked in: Bank Exams
Correct Answer: lending services
- 3. Australia - based core banking software, Financial Network Services (FNS) has been acquired by an indian comapny. Identify the company from the choices given below.
Options- A. Wipro Technologies
- B. Mindtree
- C. Infosys
- D. TCS Discuss
Correct Answer: TCS
- 4. Name the International Bank in which Temasek Holdings Pte, Singapore's government - owned investment arm, has announced to pick up 12 per cent stake.
Options- A. Deutsche Bank
- B. ABN Amro Bank
- C. HSBC Bank
- D. Standard Chartered Plc Discuss
Correct Answer: Standard Chartered Plc
- 5. Making Optimal decisions at the margin requires Also asked in: Analyst, Bank Clerk, Bank PO
Correct Answer: Making Optimal decisions at the margin requires "Weighing the costs and benefits of a decision before deciding if it should be pursued"
- 6. Inclusive unionism is practiced mostly by
Options- A. industrial unions
- B. professional and semiprofessional employees
- C. craft unions
- D. small unions comprised of skilled workers, such as the bricklayers Also asked in: AIEEE
Correct Answer: industrial unions
Explanation:
Inclusive unionism is practiced mostly by industrial unions. The practice of a labor union of including as members all workers employed in an industry is called as Inclusive unionism.
- 7. Other things equal an improvement in productivity will
Options- A. shift the aggregate demand curve to the left
- B. shift the aggregate supply curve to the right
- C. increase the equilibrium price level
- D. shift the aggregate supply curve to the left Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: shift the aggregate supply curve to the right
- 8. Capital budgeting is primarily concerned with
Options- A. planning future financing needs
- B. minimizing the cost of capital
- C. capital formation in the economy
- D. evaluating investment alternatives Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: evaluating investment alternatives
Explanation:
Capital budgeting is the process by which a company or an industry determines whether projects such as investing in R&D, opening a new branch, replacing a machine are worth pursuing. A project is worth pursuing if it increases the value of the company. Capital budgeting also known as investment appraisal.
It is primarily concerned with evaluating investment alternatives.
- 9. A business organized as a corporation
Options- A. Is owned by its stockholders
- B. Has tax advantages over a proprietorship or partnership
- C. Is not a separate legal entity in most states
- D. Requires that stockholders be personally liable for the debts of the business Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: Is owned by its stockholders
Explanation:
A business organized as a corporation is owned by its stockholders.
- 10. Which type of unit is charged with regulating business? Also asked in: Analyst, Bank Clerk, Bank PO
Correct Answer: Commission is charged with regulating business
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