1729 + Interview Questions in Business Studies Page 17 InterviewSolution

801.	(a) Mention any four importance of correlation. (b) Do you think there is a correlation between wars and sufferings of the people in the nations engaged in wars?
Answer» (a) Mention any four importance of correlation. (b) Do you think there is a correlation between wars and sufferings of the people in the nations engaged in wars?

Discussion

802.	Which one of the following is not amongst India's major trading partner?(a) USA(b) UK(c) Germany(d) New Zealand
Answer» Which one of the following is not amongst India's major trading partner? (a) USA (b) UK (c) Germany (d) New Zealand

802.

Which one of the following is not amongst India's major trading partner?(a) USA(b) UK(c) Germany(d) New Zealand

Answer»

Which one of the following is not amongst India's major trading partner?

(a) USA

(b) UK

(c) Germany

(d) New Zealand

Discussion

803.	What do you mean by business ethics? Mention the basisc elements of business ethics.
Answer» What do you mean by business ethics? Mention the basisc elements of business ethics.

Discussion

804.

From the following information, calculate Net Profit before Tax and Extraordinary Items: ₹ Surplus, i.e., Balance in Statement of Profit and Loss (Opening) 1,00,000 Surplus, i.e., Balance in Statement of Profit and Loss (Closing) 3,36,000 Dividend paid in the current year 72,000 Interim Dividend Paid during the year 90,000 Transfer to Reserve 1,00,000 Provision for Tax for the current year 1,50,000 Refund of Tax 3,000 Loss due to Earthquake 2,00,000 Insurance Proceeds from Earthquake disaster settlement 1,00,000

Answer»

From the following information, calculate Net Profit before Tax and Extraordinary Items:

	₹
Surplus, i.e., Balance in Statement of Profit and Loss (Opening)	1,00,000
Surplus, i.e., Balance in Statement of Profit and Loss (Closing)	3,36,000
Dividend paid in the current year	72,000
Interim Dividend Paid during the year	90,000
Transfer to Reserve	1,00,000
Provision for Tax for the current year	1,50,000
Refund of Tax	3,000
Loss due to Earthquake	2,00,000
Insurance Proceeds from Earthquake disaster settlement	1,00,000

Discussion

805.	Mention the three phases of the author’s relationship with his grandmother before he left the country to study abroad.
Answer» Mention the three phases of the author’s relationship with his grandmother before he left the country to study abroad.

Discussion

806.	What are the benefits available for two businesses agree to join together for a common purpose and mutual benefit?
Answer» What are the benefits available for two businesses agree to join together for a common purpose and mutual benefit?

Discussion

807.	A parliamentary executive means: a. Executive where there is a parliament b. Executive elected by the parliament c. Where the parliament functions as the Executive d. Executive that is dependent on support of the majority in the parliament
Answer» A parliamentary executive means: a. Executive where there is a parliament b. Executive elected by the parliament c. Where the parliament functions as the Executive d. Executive that is dependent on support of the majority in the parliament

807.

A parliamentary executive means: a. Executive where there is a parliament b. Executive elected by the parliament c. Where the parliament functions as the Executive d. Executive that is dependent on support of the majority in the parliament

Answer»

A
parliamentary executive means:

a.
Executive where there is a parliament

b.
Executive elected by the parliament

c.
Where the parliament functions as the Executive

d.
Executive that is dependent on support of the majority in the
parliament

Discussion

808.	In which type of public enterprises, control lies in the hands of the concerned ministry?
Answer» In which type of public enterprises, control lies in the hands of the concerned ministry?

Discussion

809.	A warehouse that is used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges.
Answer» A warehouse that is used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges.

Discussion

810.	Give any two limitations of using vending machines for retail selling.
Answer» Give any two limitations of using vending machines for retail selling.

Discussion

811.	Name any two Specific forces of business environment affecting business.
Answer» Name any two Specific forces of business environment affecting business.

Discussion

812.	Define productivity
Answer» Define productivity

Discussion

813.	Explain Capital Reserve and uses of capital reserves.
Answer» Explain Capital Reserve and uses of capital reserves.

Discussion

814.	A modified Wheatstone bridge is used to measure the value of load resistance RL shown in figure. The resistance RX is varied such that balance is obtained, then value of branch parameters are as followsRa=140Ω; Rb=0.75Ω;R1=70Ω; R2=180Ω;R3=0.375Ω Determine the value of RX
Answer» A modified Wheatstone bridge is used to measure the value of load resistance $R_{L}$ shown in figure. The resistance $R_{X}$ is varied such that balance is obtained, then value of branch parameters are as follows $R_{a} = 140 Ω;$ $R_{b} = 0.75 Ω;$ $R_{1} = 70 Ω;$ $R_{2} = 180 Ω;$ $R_{3} = 0.375 Ω$ Determine the value of $R_{X}$

Discussion

815.	India and which of the following countries entered into a double taxation avoidance agreement (DTAA) for the first time recently?
Answer» India and which of the following countries entered into a double taxation avoidance agreement (DTAA) for the first time recently?

Discussion

816.	In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee(a) Licensing(b) Contracted(c) Joint venture(d) None of these
Answer» In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee (a) Licensing (b) Contracted (c) Joint venture (d) None of these

816.

In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee(a) Licensing(b) Contracted(c) Joint venture(d) None of these

Answer»

In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee

(a) Licensing

(b) Contracted

(c) Joint venture

(d) None of these

Discussion

817.	पतंगों के साथ-साथ वे भी उड़ रहे हैं- बच्चों का उड़ान से कैसा संबंध बनाता है?
Answer» पतंगों के साथ-साथ वे भी उड़ रहे हैं- बच्चों का उड़ान से कैसा संबंध बनाता है?

Discussion

818.	Where both the parties involved in e-commerce transaction are business firms and hence it is called ______________.
Answer» Where both the parties involved in e-commerce transaction are business firms and hence it is called ______________.

Discussion

819.	The occupation in which people work for others and get remunerated in return is known as(a) Business(b) Employment(c) Profession(d) None of them
Answer» The occupation in which people work for others and get remunerated in return is known as (a) Business (b) Employment (c) Profession (d) None of them

819.

The occupation in which people work for others and get remunerated in return is known as(a) Business(b) Employment(c) Profession(d) None of them

Answer»

The occupation in which people work for others and get remunerated in return is known as

(a) Business

(b) Employment

(c) Profession

(d) None of them

Discussion

820.	How is the main focus of BPO services different from the focus of KPO services ?
Answer» How is the main focus of BPO services different from the focus of KPO services ?

Discussion

821.	Do you think the Bishop was right in selling the salt-cellars? Why/why not?
Answer» Do you think the Bishop was right in selling the salt-cellars? Why/why not?

Discussion

822.	Identify the source of finance which does not dilute the control, coupon rate is fixed, and it increases the returns to equity. Also, explain any two demerits of the source identified in the above line.
Answer» Identify the source of finance which does not dilute the control, coupon rate is fixed, and it increases the returns to equity. Also, explain any two demerits of the source identified in the above line.

Discussion

823.	Preliminary Contracts are(a) binding the company(b) binding on the company, if ratified after incorporation(c) binding on the company after the incorporation(d) not binding on the company
Answer» Preliminary Contracts are (a) binding the company (b) binding on the company, if ratified after incorporation (c) binding on the company after the incorporation (d) not binding on the company

823.

Preliminary Contracts are(a) binding the company(b) binding on the company, if ratified after incorporation(c) binding on the company after the incorporation(d) not binding on the company

Answer»

Preliminary Contracts are

(a) binding the company

(b) binding on the company, if ratified after incorporation

(c) binding on the company after the incorporation

(d) not binding on the company

Discussion

824.	Medium term financing means financing for a period of __________.
Answer» Medium term financing means financing for a period of __________.

Discussion

825.

Under which heads the following are shown in a company's Balance Sheet: (i) Public Deposits; (ii) Office Furniture; (iii) Prepaid Rent; (iv) Outstanding Salaries; (v) Computer Software; (vi) Interest Accrued on Investment?

Answer» Under which heads the following are shown in a company's Balance Sheet:

(i) Public Deposits;	(ii) Office Furniture;
(iii) Prepaid Rent;	(iv) Outstanding Salaries;
(v) Computer Software;	(vi) Interest Accrued on Investment?

Discussion

826.	There is a system of selling where consumers directly interact with the other consumers through electronic mode. Identify and explain this system. How in your opinion is this system beneficial to consumers? State any one limitation of such system.
Answer» There is a system of selling where consumers directly interact with the other consumers through electronic mode. Identify and explain this system. How in your opinion is this system beneficial to consumers? State any one limitation of such system.

826.

There is a system of selling where consumers directly interact with the other consumers through electronic mode. Identify and explain this system. How in your opinion is this system beneficial to consumers? State any one limitation of such system.

Answer»

There is a system of selling where consumers directly interact with the other consumers through electronic mode. Identify and explain this system.

How in your opinion is this system beneficial to consumers? State any one limitation of such system.

Discussion

827.	The entrepreneur can go ahead with actual launching of the enterprise with starting the ___ process.
Answer» The entrepreneur can go ahead with actual launching of the enterprise with starting the ___ process.

Discussion

828.	What is the duration of the fire policy?
Answer» What is the duration of the fire policy?

Discussion

829.	After the agreement is stated to commence a small scale business, the agreement is sent to the _____ for approval?
Answer» After the agreement is stated to commence a small scale business, the agreement is sent to the _____ for approval?

Discussion

830.	___cheque is a cheque which is payable to any person who presents it for payment at the bank counter.
Answer» ___cheque is a cheque which is payable to any person who presents it for payment at the bank counter.

Discussion

831.	What is the author’s view about companies’ documentation of CSR initiatives?
Answer» What is the author’s view about companies’ documentation of CSR initiatives?

Discussion

832.	A partnership is based on a ___ contract between two persons, who agree to share profits and losses of a business.
Answer» A partnership is based on a ___ contract between two persons, who agree to share profits and losses of a business.

Discussion

833.	What is joint venture? Briefly explain its benefits.
Answer» What is joint venture? Briefly explain its benefits.

Discussion

834.	Write the merits of government companies.
Answer» Write the merits of government companies.

Discussion

835.	Name any three special financial institutions and state their objectives.
Answer» Name any three special financial institutions and state their objectives.

Discussion

836.	Which industry supplements the activities of primary and secondary industries?
Answer» Which industry supplements the activities of primary and secondary industries?

Discussion

837.	Describe the following : (a) Sleeping partner (b) Secret partner (c) Nominal partner (d) Active partner
Answer» Describe the following : (a) Sleeping partner (b) Secret partner (c) Nominal partner (d) Active partner

837.

Describe the following : (a) Sleeping partner (b) Secret partner (c) Nominal partner (d) Active partner

Answer»

Describe the following :

(a) Sleeping partner

(b) Secret partner

(c) Nominal partner

(d) Active partner

Discussion

838.	Explain trade credit and factoring as a source of finance for a business enterprise.
Answer» Explain trade credit and factoring as a source of finance for a business enterprise.

Discussion

839.	What is the work of a call centre?
Answer» What is the work of a call centre?

Discussion

840.	Which of the following is NOT an incentive provided by the government for small businesses?
Answer» Which of the following is NOT an incentive provided by the government for small businesses?

Discussion

841.	Mention which function explains the following: It is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured property.
Answer» Mention which function explains the following: It is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured property.

841.

Mention which function explains the following: It is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured property.

Answer»

Mention which function explains the following:

It is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured property.

Discussion

842.	A new exporter in the market had to run a quality check inspection. The two option of inspection that he could follow are :
Answer» A new exporter in the market had to run a quality check inspection. The two option of inspection that he could follow are :

Discussion

843.	What are the key factors to be considered before starting a new venture?
Answer» What are the key factors to be considered before starting a new venture?

Discussion

844.	Discuss several ways by which safety and security of e-business transactions can be insured.
Answer» Discuss several ways by which safety and security of e-business transactions can be insured.

Discussion

845.	What do you mean by insurable interest?
Answer» What do you mean by insurable interest?

Discussion

846.	When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as___ .
Answer» When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as___ .

Discussion

847.	___ helps in fulfilling the basic financial, monetary and human requirements.
Answer» ___ helps in fulfilling the basic financial, monetary and human requirements.

Discussion

848.	Which of the following factors is an advantage for a sole proprietorship?
Answer» Which of the following factors is an advantage for a sole proprietorship?

Discussion

849.	Which scheme of government provides management and technical support to prospective micro and small entrepreneurs of rural areas ?
Answer» Which scheme of government provides management and technical support to prospective micro and small entrepreneurs of rural areas ?

Discussion

850.

Differentiate between the following (i) Sight and usance drafts (ii) Bill of lading and airway bill (iii) Pre-shipment and post-shipment finance

Answer»

Differentiate between the following

(i) Sight and usance drafts

(ii) Bill of lading and airway bill

(iii) Pre-shipment and post-shipment finance

Discussion

Explore topic-wise InterviewSolutions in .

(a) Mention any four importance of correlation. (b) Do you think there is a correlation between wars and sufferings of the people in the nations engaged in wars?

Which one of the following is not amongst India's major trading partner?(a) USA(b) UK(c) Germany(d) New Zealand

What do you mean by business ethics? Mention the basisc elements of business ethics.

Mention the three phases of the author’s relationship with his grandmother before he left the country to study abroad.

What are the benefits available for two businesses agree to join together for a common purpose and mutual benefit?

A parliamentary executive means: a. Executive where there is a parliament b. Executive elected by the parliament c. Where the parliament functions as the Executive d. Executive that is dependent on support of the majority in the parliament

In which type of public enterprises, control lies in the hands of the concerned ministry?

A warehouse that is used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges.

Give any two limitations of using vending machines for retail selling.

Name any two Specific forces of business environment affecting business.

Define productivity

Explain Capital Reserve and uses of capital reserves.

A modified Wheatstone bridge is used to measure the value of load resistance RL shown in figure. The resistance RX is varied such that balance is obtained, then value of branch parameters are as followsRa=140Ω; Rb=0.75Ω;R1=70Ω; R2=180Ω;R3=0.375Ω Determine the value of RX

India and which of the following countries entered into a double taxation avoidance agreement (DTAA) for the first time recently?

In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee(a) Licensing(b) Contracted(c) Joint venture(d) None of these

पतंगों के साथ-साथ वे भी उड़ रहे हैं- बच्चों का उड़ान से कैसा संबंध बनाता है?

Where both the parties involved in e-commerce transaction are business firms and hence it is called ______________.

The occupation in which people work for others and get remunerated in return is known as(a) Business(b) Employment(c) Profession(d) None of them

How is the main focus of BPO services different from the focus of KPO services ?

Do you think the Bishop was right in selling the salt-cellars? Why/why not?

Identify the source of finance which does not dilute the control, coupon rate is fixed, and it increases the returns to equity. Also, explain any two demerits of the source identified in the above line.

Preliminary Contracts are(a) binding the company(b) binding on the company, if ratified after incorporation(c) binding on the company after the incorporation(d) not binding on the company

Medium term financing means financing for a period of __________.

Under which heads the following are shown in a company's Balance Sheet: (i) Public Deposits; (ii) Office Furniture; (iii) Prepaid Rent; (iv) Outstanding Salaries; (v) Computer Software; (vi) Interest Accrued on Investment?

There is a system of selling where consumers directly interact with the other consumers through electronic mode. Identify and explain this system. How in your opinion is this system beneficial to consumers? State any one limitation of such system.

The entrepreneur can go ahead with actual launching of the enterprise with starting the ___ process.

What is the duration of the fire policy?

After the agreement is stated to commence a small scale business, the agreement is sent to the _____ for approval?

___cheque is a cheque which is payable to any person who presents it for payment at the bank counter.

What is the author’s view about companies’ documentation of CSR initiatives?

A partnership is based on a ___ contract between two persons, who agree to share profits and losses of a business.

What is joint venture? Briefly explain its benefits.

Write the merits of government companies.

Name any three special financial institutions and state their objectives.

Which industry supplements the activities of primary and secondary industries?

Describe the following : (a) Sleeping partner (b) Secret partner (c) Nominal partner (d) Active partner

Explain trade credit and factoring as a source of finance for a business enterprise.

What is the work of a call centre?

Which of the following is NOT an incentive provided by the government for small businesses?

Mention which function explains the following: It is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured property.

A new exporter in the market had to run a quality check inspection. The two option of inspection that he could follow are :

What are the key factors to be considered before starting a new venture?

Discuss several ways by which safety and security of e-business transactions can be insured.

What do you mean by insurable interest?

When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as___ .

___ helps in fulfilling the basic financial, monetary and human requirements.

Which of the following factors is an advantage for a sole proprietorship?

Which scheme of government provides management and technical support to prospective micro and small entrepreneurs of rural areas ?

Differentiate between the following (i) Sight and usance drafts (ii) Bill of lading and airway bill (iii) Pre-shipment and post-shipment finance