TOP-50 Questions on Business Awareness for all Competitive Exams
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Question 1: Kingfisher Airlines’ first international flight was connecting which two cities ______ ?
a) Bengaluru with London
b) Mumbai with New york
c) Delhi with Toronto
d) Chennai with Melbourne
e) None of these
Question 2: Who provides assistance to small industries?
a) EXIM bank
b) National Housing Bank
c) SIDBI
d) None of the above
Question 3: Other than the government, which company has the highest share in State Bank of India?
a) HSBC
b) Aviva
c) LIC
d) Procter and Gamble
e) HDFC
Question 4: Amul related to what ?
a) Green Revolution
b) Pink Revolution
c) White Revolution
d) None of the above
Question 5: Tata group joined which airlines?
a) Kingfisher Airlines
b) Jet Airways
c) Emirates Airlines
d) Air Asia
Question 6: What was the amount of money(in crores) involved in deal between RIL & Network 18 ?
a) 1000 Crores
b) 4000 Crores
c) 2000 Crores
d) None of the above
Question 7: Amul set up a dairy worth 200 cr in which city?
a) Ahmedabad
b) Amritsar
c) Jaipur
d) Varanasi
Question 8: FLIPKART is which kind of company?
a) E-Tailer
b) Investment Firm
c) Pharmaceutical
d) E-Commerce
Question 9: Where is the headquarters of the Tea Board of India Situated?
a) Darjeeling
b) Gangtok
c) Kolkata
d) Leh
Question 10: Which bank coined the term ‘BRICS’ as a short form for the five countries Brazil, Russia, India, China and South Africa?
a) HSBC Bank
b) Goldman Sachs
c) Merril Lynch
d) Barclays Capital
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Question 11: Which country is the multi national company Samsung originally from?
a) South Korea
b) North Korea
c) Taiwan
d) Japan
e) China
Question 12: In which year was SpiceJet Airlines started?
a) 2006
b) 2004
c) 2005
d) 2003
e) 2007
Question 13: In terms of nominal GDP, which Indian state is the leader (with twice as much GDP as the No. 2 state)?
a) Maharashtra
b) Rajasthan
c) Gujarat
d) Delhi
e) Karnataka
Question 14: The youngest CEO in India is a resident of which city?
a) Bangalore
b) Chennai
c) Mumbai
d) Delhi
e) Hyderabad
Question 15: The phrase used by Adam Smith to define an economy’s ability to correct itself is?
a) ‘Self controlling prophecy’
b) ‘The Invisible Hand’
c) ‘Circle of Economy’
d) ‘Hand of God’
Question 16: Who is the chairman of Reliance Industries Limited (RIL)?
a) Dhirubhai Ambani
b) Anil Ambani
c) Isha Ambani
d) Mukesh Ambani
Question 17: The World Future Energy Summit was organised in
a) Abu Dhabi
b) New Delhi
c) Tehran
d) Dhaka
Question 18: Which is the tax that takes away a higher proportion of one’s income as the income rises?
a) Securities Transaction Tax
b) Progressive tax
c) Service tax
d) Customs tax
Question 19: Corporate tax is also know as___?
a) Legal tax
b) IT tax
c) Company tax
d) Industrial tax
Question 20: Poverty line is also called the …
a) dollar-a-day line
b) euro-a-day line
c) pound-a-day line
d) rupee-a-day line
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Question 21: In which Indian state did the Japanese company Suzuki recently pledge to invest around Rs. 6000 crores?
a) Gujarat
b) Andhra Pradesh
c) Telangana
d) West Bengal
e) Tamil Nadu
Question 22: Which famous car company has decided to shut down its Indian operations (by 2017 end) due to rising losses?
a) Audi
b) Ferrari
c) BMW
d) General Motors
e) Honda
Question 23: Who is the highest tax payer of Jharkhand?
a) Priyanka Chopra
b) Yashwant Sinha
c) Amitabh Bachchan
d) Aishwarya Rai
e) MS Dhoni
Question 24: What was the full form of WIPRO when it was incorporated?
a) World Intellectual Property Rights Organization
b) Working India Public Relations Organization
c) Western India Palm Refined Oil
d) Wide Indian Products and Railway Organization
e) World Internet Protocol Recruitment Organization
Question 25: Which is the largest Indian Company based on market capitalization?
a) Reliance
b) TCS
c) Infosys
d) Samsung
e) Bajaj
Question 26: Which Indian state has the highest percentage of people under poverty line?
a) Bihar
b) UP
c) Manipur
d) Chattisgarh
Question 27: What was the price at which Microsoft recently acquired Linkedin?
a) 19.8 billion dollars
b) 152 billion dollars
c) 7.8 billion dollars
d) 15.2 billion dollars
e) 26.2 billion dollars
Question 28: India’s largest oil and gas exploration company, ONGC is classified as a …
a) Navratna
b) Miniratna Category 1
c) Miniratna Category 2
d) Maharatna
Question 29: In which year was the World Bank formed?
a) 1947
b) 1921
c) 1952
d) 1944
Question 30: How many quarters should a country’s GDP decline for it to be officially categorized as recession?
a) 4
b) 3
c) 2
d) 12
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Question 31: Lifebuoy is a brand of soap marketed by which of the following companies?
a) ITC
b) Procter & Gamble
c) Godrej
d) Unilever
Question 32: The contribution to the Indian GDP is the highest from which sector?
a) Agriculture and allied
b) Industry
c) Services
d) Imports and Exports
Question 33: To qualify for a “golden handshake”, the person must certainly be a/an ….
a) Businessmen
b) New Recruit
c) Senior Manager
d) Policeman
e) Ex-employee
Question 34: What is the name of the Smart car launched by TATA motors?
a) Nano
b) Safari
c) Bolt
d) None of the above
Question 35: Which is the largest Indian Company based on market capitalization?
a) Reliance
b) TCS
c) Infosys
d) Samsung
Question 36: India’s largest oil and gas exploration company, ONGC is classified as a …
a) Navratna
b) Miniratna Category 1
c) Miniratna Category 2
d) Maharatna
Question 37: “Making Tomorrow brighter” is the slogan of which of the following companies?
a) IOC
b) ONGC
c) BPCL
d) HPCL
Question 38: When demand for a product decreases and the supply increases, the price of the product ….
a) increases
b) decreases
c) remains constant
d) initially increases and then decreases
Question 39: Entertainment tax on movies is a tax collected by ..
a) Central Government
b) State Government
c) Local Bodies
d) (a), (b) or (c) depending the the location.
e) (a), (b) or (c) depending the the language of the movie
Question 40: Where is the head office of The Hindu English daily news paper located ?
a) Delhi
b) Mumbai
c) Hyderabad
d) Bangalore
e) Chennai
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Question 41: In which city are the headquarters of International Monetary Fund?
a) Washinton DC
b) New York
c) Berlin
d) London
e) Hague
Question 42: Which cost is related to marginal cost?
a) Variable Cost
b) Implicit Cost
c) Prime Cost
d) Fixed Cost
Question 43: Who is the present CEO (Chief Executive Officer) and president of the financial services company, Mastercard?
a) Indra Nooyi
b) Rajeev Suri
c) Ajaypal Singh Banga
d) Amar Bose
Question 44: Tata Iron And Steel company (TISCO) was incorporated in:
a) 1911
b) 1907
c) 1913
d) 1915
Question 45: Saffola is one of the leading brands that encourage you to live healthier. It has edible oils, oats, masala oats and salt. Saffola is owned by ________.
a) GlaxoSmithKline
b) Reckitt Benckiser
c) Hindustan Unilever
d) Procter & Gamble
e) Marico
Question 46: Which company makes the fighter aircraft ‘Rafale’ ?
a) Dassault Aviation
b) Lockheed Martin
c) Northrop Grumman
d) Hawker Beechcraft
Question 47: What does the letter ‘C’ denote in the term ‘CSR’ as seen frequently in financial newspapers?
a) Core
b) Corporate
c) Confidence
d) Committee
e) Capital
Question 48: Xiaomi tied up with Foxconn to establish its plant in which state?
a) Andhra Pradesh
b) Maharashtra
c) Telangana
d) Tamil Nadu
Question 49: Which company has sponsored for coins bearing Sachin Tendulkar ?
a) East India Company
b) Reliance
c) TATA
d) None of the above
Question 50: The product ‘Fair and Lovely’ is related to-
a) WIPRO
b) I.T.C
c) P&G;
d) H.U.L
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Answers & Solutions:
1) Answer (A)
2) Answer (C)
3) Answer (C)
LIC has 15% stake in SBI
4) Answer (C)
5) Answer (D)
6) Answer (B)
7) Answer (D)
8) Answer (D)
9) Answer (C)
10) Answer (B)
11) Answer (A)
12) Answer (C)
SpiceJet founded on May 2005. Its present CEO is Ajay Singh(as of September 2017).
13) Answer (A)
14) Answer (B)
15) Answer (B)
16) Answer (D)
17) Answer (A)
18) Answer (B)
A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term “progressive” refers to the way the tax rate progresses from low to high, with the result that a taxpayer’s average tax rate is less than the person’s marginal tax rate.
19) Answer (C)
20) Answer (A)
21) Answer (A)
Suzuki Motor Corporation is the Japanese parent of Maruti Suzuki India (MSI), country’s top automaker.
22) Answer (D)
General Motors Company, commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services.
23) Answer (E)
24) Answer (C)
25) Answer (B)
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26) Answer (D)
27) Answer (E)
28) Answer (D)
Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company headquartered in Dehradun, Uttarakhand, India.
29) Answer (D)
30) Answer (C)
31) Answer (D)
Lifebuoy is a brand of soap marketed by Unilever. Lifebuoy was originally, and for much of its history, a carbolic soap containing phenol (carbolic acid, a compound extracted from coal tar). The soaps manufactured today under the Lifebuoy brand do not contain phenol. Currently there are many variants of Lifebuoy.
32) Answer (C)
33) Answer (E)
A stipulation in an employment agreement which states that the employer will provide a significant severance package if the employee loses their job. A golden handshake is usually provided to top executives for loss of employment through layoffs, firing or even retirement. Payment can be made several ways, such as cash, or stock options.
34) Answer (A)
35) Answer (A)
36) Answer (D)
Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company headquartered in Dehradun, Uttarakhand, India.
37) Answer (B)
38) Answer (B)
39) Answer (B)
40) Answer (E)
41) Answer (A)
42) Answer (A)
43) Answer (C)
44) Answer (B)
45) Answer (E)
Marico owns Saffola along with many brands Kaya Limited, Parachute, Saffola, Hair&Care, Nihar, Mediker, Revive, Manjal, Livon, Set Wet, Zatak, Fiancee, HairCode, Eclipse, X-Men, Hercules, Caivil, Code 10 and Black Chic.
46) Answer (A)
47) Answer (B)
48) Answer (A)
49) Answer (A)
50) Answer (D)
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We hope this Important Business Awareness Questions for All Competitive Exams will be highly useful for your preparation.
