Tag: business studies

Quizzes (322) Questions (660)

Questions Related to business studies

Multiple choice business studies sources of business finance internal & external stakeholders and distinction between shareholders, stakeholders and customers stakeholders in commercial organisation stakeholders

Internal stakeholders are people who are already committed to serving your organization as ________.

  1. Board members

  2. Staff

  3. Managers

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Internal stakeholders are people who are already committed to serving your organization as board members, staff and managers. Internal stakeholders are referred as entities within business organization.

Multiple choice business studies sources of business finance internal & external stakeholders and distinction between shareholders, stakeholders and customers stakeholders in commercial organisation stakeholders

Stakeholders of a company does not include ________________.

  1. Communities

  2. Trade Unions

  3. Government

  4. Technology
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Stakeholders of a company does not include technology since technology does not have any interest with business. It does not get affected by the business activities.

Multiple choice business studies sources of business finance internal & external stakeholders and distinction between shareholders, stakeholders and customers stakeholders in commercial organisation stakeholders

_____ contributes asset in the form of debt or liability.

  1. A debtor

  2. An investor

  3. Customer

  4. A creditor
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

 A creditor contributes asset in the form of debt or liability. Company or business organization owes money to creditors, thus, creditor contributes money in the debt or liability form.

Multiple choice business studies sources of business finance internal & external stakeholders and distinction between shareholders, stakeholders and customers stakeholders in commercial organisation stakeholders

_______ are one of the most immediate external stakeholders that a company must consider.

  1. Employees

  2. Customers

  3. Directors

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Customers are one of the most immediate external stakeholders that a company must consider.External stakeholders belong to the entities outside the business organization. Like customers, officials and suppliers are also external stakeholders.

Multiple choice business studies insurance - introduction and importance concept, scope and social security in india concept of social security industrial relations, trade unions and social security

One can open multiple NPS accounts.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

One can open multiple NPS accounts- this is a false statement as one can open only one NPS account. National Pension System (NPS) is a government-sponsored pension scheme. It was launched in January 2004. National Pension Scheme provides old age income with reasonable market based returns. NPS was initially launched only for government employees.

Multiple choice business studies insurance - introduction and importance concept, scope and social security in india concept of social security industrial relations, trade unions and social security

An NRI can join NPS.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

An NRI(Non-Residential Indian) can join National Pension Scheme. National Pension System (NPS) is a government-sponsored pension scheme. It was launched in January 2004. National Pension Scheme provides old age income with reasonable market based returns. NPS was initially launched only for government employees.

Multiple choice business studies insurance - introduction and importance concept, scope and social security in india concept of social security industrial relations, trade unions and social security

Which of the following would not ensure better labour relations?

  1. Proper rehabilitation of retrenched labour.

  2. Rational and pragmatic recruitment policy.

  3. Inadequate incentives for productivity of labour.

  4. Disincentives for failures.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Inadequate incentives for productivity of labour would not ensure better labour relations. Proper and adequate incentives for productivity of labor is to be provided in order to maintain a good labour relations which will help to facilitate smooth functioning of all other organizational activities.

Multiple choice business studies insurance - introduction and importance concept, scope and social security in india concept of social security industrial relations, trade unions and social security

If the account holder discontinues investment in NPS, the account will be frozen.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

If the account holder discontinues investment in NPS, the account will be frozen. National Pension System (NPS) is a government-sponsored pension scheme. It was launched in January 2004. National Pension Scheme provides old age income with reasonable market based returns. NPS was initially launched only for government employees.

Multiple choice business studies insurance - introduction and importance concept, scope and social security in india concept of social security industrial relations, trade unions and social security

National Pension System (NPS) is a government-sponsored pension scheme. It was launched in ______________.

  1. January 2005

  2. January 2004

  3. January 2007

  4. January 2003
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

National Pension System (NPS) is a government-sponsored pension scheme. It was launched in January 2004. National Pension Scheme provides old age income with reasonable market based returns. NPS was initially launched only for government employees.

Multiple choice business studies insurance - introduction and importance concept, scope and social security in india concept of social security industrial relations, trade unions and social security

Which of the following is/are true about the NPS?

  1. The NPS account can be unfrozen by paying the minimum required amount and a penalty of Rs 100.

  2. Minimum contribution required is of Rs 6,000 in the Tier-I account.

  3. Government will not contribute to the NPS account.

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
National Pension System (NPS) is a government-sponsored pension scheme. It was launched in January 2004. National Pension Scheme provides old age income with reasonable market based returns. NPS was initially launched only for government employees. Following statements are true about the NPS:
a) The NPS account can be unfrozen by paying the minimum required amount and a penalty of Rs 100.
b) Minimum contribution required is of Rs 6,000 in the Tier-I account.
c) Government will not contribute to the NPS account.