India Business Quiz : Questions with Answers

1. "We have learned that if we provide people with an occasion & an excuse to shop, they will
come" are the Golden words of whom?
Ans: Kishore Bayani (The Chairman of Future Group)
2. What is the Title of Auto Biography of JRD TATA?
Ans: Beyond the Last Blue Mountain
3. What is the Title of Auto Biography of Krishna Kumar Birla?
Ans: Brushes with History
4. "It happened in India" is the Auto Biography of whom?
Ans: Kishore Bayani (The Chairman of Future Group)
5. "The End of Ecconomic Man" is the famous book written by whom?
Ans: Peter F Drucker
6. "Imagining India" recently published book authored by?
Ans: Nandan M Neelakeni
7. What is the Tag Line of Sony?
Ans: Like No Other
8. "India's Family Store" is the punchline of which brand?
Ans: Pantaloon
9. Name of the Family Store owned by Kumar Mangalam Birla?
Ans: More
10. "Net Safe Credit Card" is introduced by which Bank?
Ans: HDFC Bank
11. "AbKhulkeJeeyo India" is the advertisement slogan of which company?
Ans: Samsung
12. What do you mean by ADAG?
Ans: Anil DhirubhaiAmbani Group
13. "Kingfisher Red" is the former name of which Airlines?
Ans: Air Deccan (that was taken over by Vijay Malya Group)
14. Wha is the founder of Air Deccan?
Ans: Captain Gopinath
15. "World's Local Bank" is the punch line of which bank?
Ans: HSBC Bank
16. What is the full form of HDFC?
Ans: Housing Development Finance Corporation
17. NASDAQ is an acronym for?
Ans: National Association of Securities Dealers Automated Quotations
18. Expand ICICI?
Ans: Industrial Credit And Investment Corporation of India
19. "One Family One Bank" is the tagline of which Indian Bank?
Ans: Bank of Maharashtra
20. "Express Yourself" is the punchline of Airtel then "Experience Yourself" is the tagline of whom?
Ans: Tamil Nadu Tourism
21. "Celebrate Life" is the Tag line of which Company?
Ans: Dabur
22. Who was the founder of Dabur India Ltd.?
Ans: S.K.Burman
23. Babool Tooth paste is introduced by which company?
Ans: Balsara
24. According to an Advertisement Slogan, who is "Best Employer in India 2007"?
Ans: Aditya Birla Group
25. "Power of Simplicity" is the punch line of Tally, then "Sense & Simplicity" is the tagline of
which company?
Ans: Philips
26. Which Company brings CNBC Channel in India?
Ans: TV 18
27. "Inspire The Next" is the punch line of which company?
Ans: Hitachi
28. "Born in Japan Entertaining the World" is the tagline of which company?
Ans: Sansui
29. What is name of the series of mobile showrooms set by Reliance Communications?
Ans: Web World
30. Which Leadership Guru coined the term 'Transformational Leadership'?
Ans: James Macgregor Burns
31. Citi Bank co-brands cards for which oil company?
Ans: HP (Hindustan Petrolium)
32. This company is "applying thought" which company?
Ans: Wipro
33. Harmony is the name of which companies' textiles?
Ans: Wipro
34. "Magic" is the brand name of which mobile company's Prepaid Card?
Ans: Airtel
35. Which car gives you "Fun on the Run"?
Ans: Alto
36. Who has been appointed as the CEO of the ICICI Bank with Effect from May 1, 2009?
Ans: Chanda D Kochhar
37. Who is the first Asian to be appointed as Deputy Speaker of Lord House UK?
Ans: Lord Swaraj Paul
38. Who is the present Finance Secretary of India?
Ans: ArunRamanathan
39. With which form of Economy is the term "Laissez-faire" associated?
Ans: Capitalist Economy
40. SAARC aas formed in which month and year?
Ans: December 1985
41. Tata's Nano Project was shifted from Singur to which place?
Ans: Sanand in Gujarat
42. Next SAARC Meeting is held where?
Ans: Maldives
43. The 15th ASEAN Regional Forum Meeting was held at?
Ans: Singapore
44. Who is the present Chairman of SEBI?
Chandrasekhar BhaskarBhave
45. In the context of Mutual Fund SIP stands for?
Ans: Systematic Investment Plan
Name the term used for depreciating a company's intangible assets?
Amortization

Which bank is promoted by 20th Century Finance Corporation and Keppel Tatlee Bank of
Singapore in India?

Centurion bank
1. India recently signed three MoUs with an Asian country to expand cooperation, under
which leading Indian firms Infosys and Wipro committed to undertake projects in that
country. Which is that country?
China.
Under the agreement, Wipro will set up a plant that will manufacture high pressure precision
hydraulic cylinders, and an R&D facility will be established to enable this centre. Infosys will set
up an education centre at Jiaxing to develop software talent in huge numbers to meet its
growing business demand.
2. . Top financial chief of Al Qaeda, and was considered by American intelligence officials
to be the organization’s No. 3 leader, behind Osama bin Laden and his deputy, Ayman
al-Zawahri, who was killed in an American missile strike in Pakistan’s tribal areas in
the last two weeks?
Mustafa Abu al-Yazid.

Who designed new symbol of Indian Rupee ?

Bombay IIT post-graduate Udaya Kumar Dharmalingam(Native of TAMIL NADU).

Udaya Kumar Dharmalingam is the designer of the Indian rupee symbol. He is an assistant professor at

IIT Guwahati. His design was selected from among five short listed symbols. Udaya Kumar explained

that the design is based on the Indian tricolour.

D.Udaya Kumar was born on 10 October 1978 in Chennai, Tamil Nadu, India.

Age: 31 in 2010

Alma mater:
IDC, IIT Bombay (PhD)

IDC, IIT Bombay (MDes)

Anna University (B.Arch.)

Occupation: Assistant professor, IIT Guwahati

Known for: The designer of Indian rupee symbol (2010)

1. NASDAQ is acronym for

North American Share Dealers Association Quotes

National Association of Securities Dealers Automated Quotations

National All Stocks Dealers Automated Quotations

Network of Acquired Securities Distribution Application Quotations

2. IMF stands for

International Machinery Fund

International Monetary Fund

Indian Machinery Fund

Indian Monetary Fund

3. SEC means..

Securities & Exchange Commission

Stock Exchange Commission

Script Exchange Commission

Special Exchange Commission

4. NSE stands for

National Stock Exchange

National Script Exchange

Network of Stock Exchange

 Non Stock Exchange
5. NYSE is is acronym for

New York Stock Exchange

New York Scripts Exchange

New York Special Exchange

National York Securities Exchange

6. NSDL stands for

Network of Securities Depository Limited

Network of Stocks Directory Listing

National Stock Directory Limited

National Securities Depository Limited

7. ADR stands for

All Depositary Receipt

Asian Depositary Receipt

African Depositary Receipt

American Depositary Receipts

8. In the context of Mutual Funds, SIP stands for..

Systematic Investment Plan

Scheduled Interest Plan

Specific Insurance Plan

Special Income Plan

9. In the context of Mutual Funds, ELSS means
 Endowment Linked Savings Scheme

Equity Linked Savings Scheme

Established Line Savings Scheme

Entrepreneur Line Savings Scheme

10. AMFI stands for

Association of Mutual Funds in India

Arbitrated Mutual Funds India

Arbitrated Monetary Funds India

Associated Mega Finance of India

1. Financial Statements are reports on the financial performance of organizations. They provide data
on:
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A) Projections for the upcoming fiscal year

B) Where money comes from, what money is spent on and how much money is available
for use

C) Comparative company data to companies in similar industries

D) All of the above

E) None of the above

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2. The primary function of the Income Statement is to:

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A) Show the company's value as of a given point in time

B) Determine if the company will have enough cash to operate properly

C) Determine taxes owed or not owed

 D) Compare the company's assets against the company's liabilities

E) Measure the company's financial performance over a period of time

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3. The primary function of the Balance Sheet is to:

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A) Measure the company's performance over a period of time

B) Make sure that the company's assets and the company's liabilities "balance"

C) Determine taxes owed or not owed

D) Show the company's value as of a given point in time

E) Determine if the company will have enough cash to operate properly

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4. The main three sections of the Cash Flow Statement are:

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A) Cash from operating activities; cash from investing activities and cash from financing
activities

B) Cash from operating activities; cash from sales and cash from administrative activities

C) Cash from assets; cash from liabilities and cash from equity

D) Cash from sales; cash from operations and cash from depreciation and amortization

E) Cash from customers; cash from shareholders and cash from miscellaneous sources

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5. Which of the following lists are all Assets found in the Balance Sheet:
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A) Cash, accounts receivable, marketable securities, inventory, prepaid expenses and common
stock
 B) Cash, accounts receivable, marketable securities, inventory and prepaid expenses

C) Cash, accounts receivable, inventory and Operating Margin

D) Cash, accounts receivable, inventory, prepaid expenses and revenue

E) Cash, accounts receivable, inventory, marketable securities and revenue

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6. The Balance Sheet equation is:

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A) Assets divided by Equity = Liabilities

B) Assets plus Liabilities = Equity

C) Assets = Liabilities plus Equity

D) Equity = Profit minus Taxes

Liabilities = Assets plus Equity

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7. Which one of the following lists are the Current Liabilities of a company:

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A) Accounts Payable, Notes Payable, Accrued Expenses AND Income Taxes Payable

B) Accounts Payable, Notes Payable, Accrued Expenses AND Prepaid Expenses

C) Accounts Payable, Notes Payable, Accrued Expenses BUT NOT Income Taxes Payable

D) Accounts Payable, Notes Payable, Income Taxes Payable BUT NOT Accrued Expenses

E) Accounts Payable, Notes Payable AND Prepaid Expenses

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8. Which is correct about Preferred Stock:

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 A) It is reserved only for preferred customers or investors

B) It is always worth more than common stock

C) It always costs more than common stock

D) It has priority over common stock in the event of the dissolution of the company

E) It cannot be owned by full time employees of the company

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9. Which one of the below is the MAJOR responsibility of a businessperson:
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A) Making as little income as possible that is taxable in order to minimize the government's cut

B) Making as much money as possible for the employees to share in salary, bonus and benefits

C) Making sure the company is legally compliant with all reporting and other regulatory
requirements

D) Making as much money as possible to distribute in dividends to stockholders

E) Making the value of the company increase by generating increasing revenues and
profits

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10. Which is the most relevant statement to an employee regarding the understanding and use of
financial statements:

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A) They are only really needed by a company's Chief Financial Officer or Controller or
Accounting Staff who are paid to understand and use these things

B) They have little to do with the "real life" day to day operations of most departments or sections

C) They can help any employee understand her or his impact on the financial health of the
company

D) They are only really used to determine taxes owed or not owed.

E) They are only really needed by senior executives, board members and shareholders
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