Question 1 : A movies theater that charges a lower price for matiness than for evening showing is engaging in_______

  1. First degree price discrimination
  2. Second degree price discrimination
  3. Third degree price discrimination
  4. Regular price discrimination
  

Question 2 : Cost plus pricing is also called________

  1. Transfer pricing
  2. Marginal cost pricing
  3. Full cost pricing
  4. Average cost pricing
  

Question 3 : The refrigerator industry is an example of ________

  1. Perfect competition
  2. Monopoly
  3. Oligopoly
  4. Monopolistic competition
  

Question 4 : A monopolistic firm will expand its output when ________

  1. MR >MC
  2. MC > MR
  3. MC = MR
  4. MR is negative
  

Question 5 : Under payback period method ________project are preferred.

  1. Higher payback period
  2. Lower pay back period
  3. Normal pay back period
  4. Medium pay back period
  

Question 6 : A project is profitable if NPV is ________

  1. Zero
  2. One
  3. Negative
  4. Positive
  

Question 7 : Which of the following is not capital budgeting decision?

  1. Expansion programme
  2. Merger
  3. Inventory level
  4. Replacement of an assets
  

Question 8 : Under perfect competition TR is increasing _______ rate.

  1. Increasing
  2. Negative
  3. Constant
  4. Diminishing
  

Question 9 : Present value may be defined as ________

  1. The discounted value of future cash flows
  2. The interest rate earned on future cash flows
  3. The compounded value of future cash flows
  4. The opportunity costs of future cash flows
  

Question 10 : A firm charges $ 15 for a product. If the markup is 50% then the fully allocated average cost is ________

  1. $ 20
  2. $ 10
  3. $ 15
  4. $ 25
  

Question 11 : Under dumping a monopolists demand curve in the home market is

  1. Downward sloping
  2. Vertical
  3. Kinked demand
  4. Upward
  

Question 12 : Lower portion of the kinked demand curve is _______

  1. Elastic
  2. Inelastic
  3. Regular
  4. More elastic
  

Question 13 : Under dumping a monopolists demand curve in the world market is

  1. Downward sloping
  2. Vertical
  3. Kinked demand
  4. Horizontal
  

Question 14 : ________ is characteristic of perfect competition.

  1. Single seller
  2. Selling cost
  3. Kinked demand curve
  4. Perfect information
  

Question 15 : Which one of the following methods of capital budgeting assumes that inflows are reinvested at the projects rate of return.

  1. Net present value
  2. Internal rate of return
  3. Pay back method
  4. Accounting rate of return method
  

Question 16 : Under perfect competition firms demand curve is ________

  1. Vertical
  2. Horizontal
  3. Upward
  4. Downward
  

Question 17 : In perfect competition equilibrium is attained when _______

  1. AR=AC
  2. TR =TC
  3. MR = MC
  4. Q = P
  

Question 18 : Kinked demand curve is associated with _______

  1. Cournot
  2. Chamberlin
  3. Edgeworth
  4. Sweezy
  

Question 19 : In the case of perfectly price discriminating monopoly there is no."

  1. Transfer of consumer surplus to producer
  2. Dead-weight loss
  3. Long run economic profit
  4. Short run economic profit
  

Question 20 : _______is not feature of oligopoly market.

  1. Few seller
  2. Price rigidity
  3. Kinked demand
  4. Perfect information
  

Question 21 : SCB private limited company invest the money in project C is Rs.200000 and Cash inflow every year is Rs 25000. What is the Payback period of project B?

  1. 8 years 3 month
  2. 8 years
  3. 8 years 6 month
  4. 6 years 5 months
  

Question 22 : Which degree of price discrimination occurs when two separate prices are charged in two segregated markets that differ in demand?

  1. First
  2. Second
  3. Third
  4. Perfect
  

Question 23 : The monopolistic firm sale 100 unit of output at a price Rs. 10 per unit totalcost of production 100 units is Rs.1200 . What is loss of firm?"

  1. 3
  2. 200
  3. 100
  4. 400
  

Question 24 : Capital budgeting deals with ________

  1. Long term decisions
  2. Short term decisions
  3. Regular
  4. Span of return
  

Question 25 : If the cost of a pen is Rs.200 and its price is Rs.300 what is the mark-up?"

  1. 0.3
  2. 0.5
  3. 0.6
  4. 0.25
  

Question 26 : Under monopoly the slope of AR curve is ________

  1. Upward sloping
  2. Downward sloping
  3. Horizontal sloping
  4. Vertical sloping
  

Question 27 : An unregulated monopoly will________

  1. Produce in the elastic range of its demand curve
  2. Flood the market with goods to deter entry
  3. Produce only where MR is zero
  4. Produce in the inelastic range of its demand curve
  

Question 28 : A monopoly producer usually earns ________

  1. Super normal profit
  2. Neither profit nor loss
  3. Only normal profit
  4. Profit and loss which are uncertain
  

Question 29 : Monopolists are able to practice price discrimination because________

  1. They have constant marginal cost
  2. Differing price elasticity of supply
  3. They have constant average cost
  4. Differing average willingness to pay among consumers.
  

Question 30 : The span of time within which the investment made for the project will be recovered by the net returns of the project is known as________

  1. Period return
  2. Payback return
  3. Span of return
  4. Net present return
  

Question 31 : Payback period method of capital budgeting primarily focuses on________

  1. The current rate of interest
  2. The rate of profitability of assets
  3. Time period required to recover original investment
  4. The cost acquiring capital assets
  

Question 32 : Under oligopoly market if one firm reduces the price of product then other firm also ________

  1. Increase price
  2. Reduce price
  3. Stay original price
  4. Regular
  

Question 33 : If the cost of mobile is Rs.10000 and mark-up is 20% what is the price ofproduct? "

  1. Rs.12000
  2. Rs.8000
  3. Rs.14000
  4. Rs.15000
  

Question 34 : While determining the full cost price the firm uses ________"

  1. Fully allocated average cost
  2. only AVC
  3. Only overhead cost
  4. Marginal cost
  

Question 35 : Marginal cost pricing may be charged for which of the following reasons?

  1. Maximizing profit
  2. To control monopoly
  3. Minimizing losses
  4. Prevent shutting down of the firm
  

Question 36 : Price rigidity is a characteristic of ________

  1. Monopoly
  2. Perfect competition
  3. Monopolistic competition
  4. Oligopoly
  

Question 37 : Persistent dumping refers to the practice of ________

  1. International price discrimination
  2. Domestic price discrimination
  3. Regular price discrimination
  4. Local price discrimination
  

Question 38 : _______ is responsible for price discrimination.

  1. Differences in elasticity of demand
  2. Market information
  3. Uncertainty
  4. Cartel
  

Question 39 : Supernormal profit means.

  1. TR = TC
  2. TR>TC
  3. TR AC
  

Question 40 : The values of the future net incomes discounted by the cost of capital are called ________

  1. Average capital cost
  2. Discounted capital cost
  3. Net capital cost
  4. Net present values
  

Question 41 : Firm shut-down point is reached when_______

  1. AR fails to cover average total cost
  2. AR fails to cover average variable cost
  3. AR fails to cover average fixed cost
  4. AR fails to cover marginal cost
  

Question 42 : Marginal cost pricing generally followed by

  1. Private enterprises
  2. Small and medium enterprises
  3. Public sector enterprises
  4. Large Private MNCs
  

Question 43 : Price discrimination is profitable and possible of the two market have ________

  1. Equal elasticity of demand
  2. Different elasticity of demand
  3. Inelastic demand
  4. High elastic demand
  

Question 44 : Under first degree price discrimination consumer surplus entirely captured by ________

  1. Consumer
  2. Firm
  3. Government
  4. Market
  

Question 45 : Normal profit means ..

  1. TR= TC
  2. TR > TC
  3. TR < TC
  4. TR = AR
  

Question 46 : ________ is not characteristic of perfect competition.

  1. No transport cost
  2. Free entry
  3. Perfect information
  4. Price rigidity
  

Question 47 : Apple limited invest the money in project A is Rs.20000 and cash inflow every year is Rs.5000. What is the Payback period of project A?

  1. 5 years
  2. 4 years
  3. 6 years
  4. 2 years
  

Question 48 : Game theory proves most useful for analyzing ________

  1. Monopoly
  2. Perfect competition
  3. Monopolistic competition
  4. Oligopoly
  

Question 49 : In the long run under perfect competition price of the product is equal to "

  1. Average revenue
  2. Total revenue
  3. Total cost
  4. Marginal cost
  

Question 50 : Price leadership avoids _______

  1. Price war
  2. New entry into market
  3. Promotes product differentiation
  4. Uncertainty
  

Question 51 : KR private limited company invest the money in project B is Rs.100000 and Cash inflow every year is Rs 40000. What is the Payback period of project B?

  1. 2 years 3 month
  2. 4 years
  3. 2 years 6 month
  4. 2 years 5 months
  

Question 52 : ________ is not feature of monopolistic competition.

  1. Selling cost
  2. Product Differentiation
  3. Free entry
  4. Cartel
  

Question 53 : Which one is not collusive oligopoly

  1. Price leadership
  2. Market sharing cartel
  3. Price discrimination
  4. Price fixing cartel
  

Question 54 : An example of a monopolistically competitive industry is________

  1. Phone service
  2. The restaurant industry
  3. Wheat farming
  4. The automobile industry
  

Question 55 : In oligopolistic markets .

  1. There are many firms
  2. There are only a few firms
  3. There are no barriers to entry
  4. All firms are price takers
  

Question 56 : If the present value of total cash outflow is Rs.30000 and present value of total Cash inflow is Rs.35000 What is the NPV of the project? "

  1. 5000
  2. -5000
  3. 2000
  4. -2000
  

Question 57 : Cartel is part of ________

  1. Monopoly
  2. Perfect competition
  3. Oligopoly
  4. Duopoly
  

Question 58 : The following industry often is a monopoly________

  1. Cigarette industry
  2. Publishing industry
  3. Drug industry
  4. Electric power industry
  

Question 59 : Capital budgeting decisions are ________

  1. Reversible
  2. Irreversible
  3. Unimportant
  4. Short term
  

Question 60 : The first step in calculation of NPV is to find out________

  1. Present value of equity
  2. Future value of investment
  3. Present value of cash flow
  4. Future value of cash flow
  

Question 61 : TR =

  1. P x Q
  2. P
  3. Q
  4. P x MR
  

Question 62 : According to the IRR method of capital budgeting a project will accepted if_______

  1. IRR less then market rate of interest
  2. IRR equal to NPV
  3. IRR greater than market rate of interest
  4. IRR equal to market rate of interest
  

Question 63 : Capital budgeting is a part of ________

  1. Investment decision
  2. Working capital management
  3. Marketing management
  4. Capital structure
  

Question 64 : Upper portion of the kinked demand curve is relatively _______

  1. More inelastic
  2. More elastic
  3. Less elastic
  4. Less inelastic
  

Question 65 : If the cost of the project is Rs.20000 and present value of total cash inflow is Rs.19000 What is the NPV of the project? "

  1. 1000
  2. -1000
  3. 2000
  4. -2000
  

Question 66 : Under perfect competition a firm is________

  1. Price-maker
  2. Price-taker
  3. Product differentiated
  4. Price rigidity
  

Question 67 : Copyright is related to _______ monopoly

  1. Natural monopoly
  2. Legal monopoly
  3. Technology monopoly
  4. Control over recourses monopoly
  

Question 68 : Under dumping a monopoly firm charges higher price in ..

  1. World market
  2. Home market
  3. Oligopoly market3
  4. . Perfect market
  

Question 69 : Product differentiation is a defined characteristic of

  1. Monopoly
  2. Perfect competition
  3. Monopolistic competition
  4. Oligopoly
  

Question 70 : In the long run a firm in monopolistic competition will earn________"

  1. Excess profit
  2. Loss
  3. Normal profit
  4. Covered only fixed cost
  

Question 71 : Price discrimination is generally practiced under..

  1. Monopoly
  2. Perfect competition
  3. Monopolistic competition
  4. Oligopoly
  

Question 72 : ________is one method of capital budgeting.

  1. End use method
  2. Expert opinion method
  3. IRR method
  4. Survey method
  

Question 73 : The monopolistic firm sale 120 unit of output at a price Rs. 20 per unit totalcost of production 120 units is Rs.2400 So firm earn ________ profit?"

  1. 3
  2. 200
  3. Zero
  4. 400
  

Question 74 : Firms in monopolistic competition make products that are..

  1. Close but not perfect substitute
  2. Perfect substitute
  3. Close but not perfect complements
  4. Perfect complements
  

Question 75 : Which of the following is example of perfectly competitive market?

  1. Diamonds
  2. Athletic shoes
  3. Soft drinks
  4. Farming
  

Question 76 : ________ is one characteristics of monopoly

  1. No entry
  2. Free entry
  3. Entry is possible but difficult
  4. No transport cost
  

Question 77 : Imperfect competition was introduced by..

  1. Marshall
  2. Chamberlin
  3. Keynes
  4. Smith
  

Question 78 : Which pricing strategy uses various class distinctions?

  1. Marginal cost pricing
  2. Price discrimination
  3. Product line pricing
  4. Mark-up pricing
  

Question 79 : Which of the following good is best example of a natural monopoly?

  1. Natural gas
  2. Diamonds
  3. A patented good
  4. First class mail
  

Question 80 : Investment to replace working but obsolete equipment with more efficient ones is generally done for .

  1. Increasing cost
  2. Cost reduction
  3. Expansion into new markets
  4. Expansion of existing production capacity
  

Question 81 : The ___________Interview allows employees to express their complaints.

  1. Grievance
  2. Job
  3. Appraisal
  4. . Exit
  

Question 82 : Appraisal interview is also called____interview.

  1. Exit
  2. Assessment
  3. Grievance
  4. Job
  

Question 83 : The long form of WASP (Interview technique) is________________

  1. write Acquire Supply and Parting
  2. welcome Attire Send and Parting
  3. welcome Acquire information Supply information and Parting
  4. Wish Attend Supply and Parting
  

Question 84 : Group decision making technique is______.

  1. Video Conferencing
  2. Group Discussion
  3. Teleconferencing
  4. DELPHI Techniqu
  

Question 85 : A list of items to be discussed in the meeting is called_____

  1. Agenda
  2. Resolution
  3. Minutes of Meeting
  4. Notice
  

Question 86 : A final decision taken in a meeting is called______

  1. Resolution
  2. Agenda
  3. Committee meeting
  4. Notice
  

Question 87 : In __________meeting company's Profit and Loss Account and Annual Report are presented.

  1. Annual General
  2. Statutory
  3. Special Meeting
  4. Routine Meeting of Board of Directors
  

Question 88 : A procedure for calling a meeting is determined by_________.

  1. Chairperson
  2. Secretary
  3. Formal Rules
  4. Members
  

Question 89 : In a conference Chief Guest's Keynote Address is presented in________________ session.

  1. the Inaugural
  2. the Technical
  3. the Valedictory Function
  4. the Cabin Meeting
  

Question 90 : Participants in conference _________voting rights.

  1. have
  2. have no
  3. have temporary
  4. have permanent
  

Question 91 : A body of persons appointed or elected to meet on an organized basis for the consideration of matters brought before it is called_______.

  1. Conference
  2. Committee
  3. Session
  4. Group
  

Question 92 : Board of Directors of a company is a _______ committee.

  1. Line
  2. Temporary
  3. Advisory
  4. Informal
  

Question 93 : Web based Seminar is called_________.

  1. WEBINAR
  2. SEMINAR
  3. Conference
  4. Symposium
  

Question 94 : ___________ Management is the function of Public Relations professionals.

  1. Loan
  2. Crisis
  3. Finance
  4. Business
  

Question 95 : ____________ creates a rapport between employees and Management.

  1. Suggestion Scheme
  2. Complaint
  3. Notice
  4. Advertisement
  

Question 96 : Tools such as exhibitions trade fairs mass media etc are used to maintain______ Public Relations.

  1. Internal
  2. External
  3. Inside
  4. Employees
  

Question 97 : Read the following situation and answer the given question: You have received your order of 50 Tea Sets from ERA Glasses Dadar (West). However you have found that all Tea sets are totally damaged. What type of letter will you write in this situation?

  1. Sales letter
  2. Order Letter
  3. Inquiry Letter
  4. Complaint Letter
  

Question 98 : If you are writing a complaint letter to a seller complaining about the late delivery of goods what is the best way to end this letter?

  1. Hope to hear from you soon .
  2. Make arrangement for the return of the goods.
  3. Hope all is well.
  4. You should now apologize for all this nonsense.
  

Question 99 : In a Sales Letter the formula AIDA stands for__________.

  1. Action Interest Decision
  2. Attract Attention Interest Desire and Action
  3. Attention Idea Desire and Action
  4. Attendance Idea Desire and Action
  

Question 100 : Read the given sentence and state in which paragraph of a Sales Letter could this sentence be included?: Do you face the problem of Hair Loss? Then here we are with NURTURE HAIR OIL for you.

  1. The Introductory Paragraph
  2. The Main Paragraph
  3. The Concluding Paragraph
  4. The Middle Paragraph
  
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