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in Business Regulations

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .

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1.

In which of the following circumstances a contract can be treated as discharged under the concept of supervening impossibility?

A. spurt in prices
B. change in import policy
C. non-receipt of raw material from the supplier
D. shortage of working capital
Answer» B. change in import policy
2.

Under the pledge, the person who pledges is known as a pledgor and the bailee is known as a

A. bailor
B. bailee
C. pledgee
D. pledgor
Answer» C. pledgee
3.

CCI stands for:

A. consumer commission of india
B. competition commission of india
C. competition collaboration of india
D. computer competition of india
Answer» B. competition commission of india
4.

Director General appointed under.

A. sec. 8 (1)
B. sec. 16 (2)
C. sec. 8 (2)
D. sec. 16 (1)
Answer» D. sec. 16 (1)
5.

Value of sales of goods or service includes in

A. product
B. service
C. turnover
D. profit
Answer» C. turnover
6.

Any agreement between enterprises or persons referred

A. bid-rigging
B. bid-singing
C. bid-locking
D. none of these
Answer» A. bid-rigging
7.

A market comprising the area in which the conditions of competition for supply of goods known as:

A. relevant product market
B. relevant geographic market
C. relevant market
D. none of these
Answer» B. relevant geographic market
8.

Commission shall maintain proper accounts and other relevant records and prepare an annual statement of accounts under section.

A. 51
B. 53
C. 54
D. 52
Answer» D. 52
9.

CCI established under

A. 7
B. 9
C. 8
D. 6
Answer» A. 7
10.

All of the following are the power and functions of commission EXCEPT?

A. power to award compensation
B. power to review its own orders
C. inquiring into certain agreements
D. power to reject the orders
Answer» D. power to reject the orders
11.

Prohibition of entering into anti-competitive agreement comes under

A. sec. 2
B. sec. 6 (2)
C. sec.2 (1)
D. sec. 3
Answer» D. sec. 3
12.

RTI, 2005 came into force on

A. 12 october 2005
B. 15 august 2005
C. 15 june 2005
D. 1 november 2005
Answer» A. 12 october 2005
13.

Which of the following is not come under the definition of ‘Information’ under RTI Act, 2005

A. log books
B. file notings
C. data material held in any electronic form
D. circulars
Answer» B. file notings
14.

Who is supposed to provide information under RTI Act 2005?

A. public authority
B. central information commission
C. duly appointed cpio
D. all of the above
Answer» C. duly appointed cpio
15.

Under voluntary disclosure of information, every public authority shall publish different prescribed types of information on their website within ____ days of an enactment

A. 30
B. 60
C. 90
D. 120
Answer» D. 120
16.

If the applicant had to submit the RTI application to the APIO, he should be provided information within ___ days from the date of receipt of application by the APIO

A. 45
B. 90
C. 35
D. 30
Answer» C. 35
17.

Which of these is not a valid mode of payment of RTI fees?

A. demand draft
B. indian postal order
C. postal stamps
D. cash under receipt
Answer» C. postal stamps
18.

RTI application should only be made in

A. english
B. hindi
C. official language of the area of the applicant
D. any of the above
Answer» D. any of the above
19.

An employee who assists the PIO in providing information to the applicant is called

A. deemed pio
B. assistant pio
C. appellate authority
D. information commissioner
Answer» A. deemed pio

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