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CUET (UG) entrance exam Question Bank Solutions for Business Studies

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Business Studies
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Budgetary control requires the preparation of

[8] Controlling
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Which of the following is not applicable to responsibility accounting?

[8] Controlling
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The effectiveness of management audit for controlling can be judged from which of the following points.

[8] Controlling
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Which of the following are traditional techniques of managerial control?

[8] Controlling
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Which of the following are control techniques of managerial control?

[8] Controlling
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Which of the following are some of the responsibility centres that can be formed?

[8] Controlling
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What is the full form of PERT?

[8] Controlling
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Which traditional technique of managerial control involves a study of relation between costs, volume and profits.

[8] Controlling
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______ technique of planning the future operations in the form of budgets.

[8] Controlling
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______ is a computer based controlling technique that provides timely data and information to the managers.

[8] Controlling
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A company 'M' limited is manufacturing mobile phones both for domestic Indian market as well as (or export. It had enjoyed a substantial market share and also had a loyal customer following. But lately it has been experiencing problems because its targets have not been met with regard to sales and customer satisfaction. Also mobile market in India has grown tremendously!;!ly and new players have come with better technology and pricing. This is causing problems for the company. It is planning to revamp its controlling system and take other steps necessary to rectify the problems it is facing.

Identify the benefits the company will derive from a good control system.

[8] Controlling
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Financial leverage is called favourable if : 

[9] Business Finance
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______ refers to a situation when a company is not able to meet its fixed financial charges.

[9] Business Finance
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______ also known as bank bill or bill of exchange refers to the instrument used to finance the working capital requirements of a firm. 

[10] Financial Markets
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Which of the following is the redressal mechanism available to the consumers under the Consumer Protection Act?

[12] Consumer Protection
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In case the concerned forum passes an order in favour of the aggrieved party, it can give which of the following directions to the opposite party.

[12] Consumer Protection
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Which of the following statements is correct?

  1. Consumer protection has a moral justification fur business.
  2. Consumer protection has no moral justification for business.
[12] Consumer Protection
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Which of the following statements is correct?

[12] Consumer Protection
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GATT is established in 1947, under

[13] Entrepreneurship Development
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Directing is initiated at ______ level of management. 

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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