Business Quiz Questions

Business quiz questions Dr. T.K. Jain. AFTERSCHOOOL www.afterschool.tk www.afterschoool.tk www.afterschoool.tk

Why is Khaloud Ahmed Juwan Al Dhahiri famous these days? • She became the first women judge in the Arab world.

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Why is Kashmir Singh famous these days? • He was granted amnesty by Pakistan President recently – he spent 35 years in Pakistani Jails.

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Why is Sister Alphonsa famous these days? • She will the first completely Indian Saint as per Vetican. She will be second saint from India – the first was Gonsalo Garcia in 1862 ( who was partly Indian).

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Why is Arvind Johari in news these days? • He has been debarred from trading in stock markets by SEBI for 10 years due to involvement in securities scam.

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Why is Kaku Yamanaka famous these days? • He was the oldest person of Japan – died at the age of 113 recently.

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Why is DD LAPANG famous these days? • He has recently taken over as Chief Minister of Meghalaya (India).

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Why is Dr. Amar Bose famous these days? • He has become the second Indian after Dr. R. Srinivasan to be inducted in the National Inventors’ Hall of Fame a

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What is asset turnover? • Sales divided by Average Assets.

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What is ROI? • (PBIT / NET OPERATING INVESTMENT) *100

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WHAT IS TRANSFER PRICING? • Pricing system for transfer products from one unit of a group to another unit of the same group.

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What is profit centre? • A division or unit of an organisation which is responsible for revenue and expenses both – and is evaluated on the basis of profit earned. Measurement focuses on revenue and expenses on which the organisation has control. www.afterschoool.tk

What is responsibility report? • A report providing information as to how well the manager achieved organisational goals and plans. It covers controllable factors under the manager’s responsibility.

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What is ALPHA? • It is the percentage of return of the security – when the return on market portfolio is Zero.

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What is BETA? • Coveraiance (between Return from company and market return)/ Variance of company returns • Higher the BETA - more the risk. • Beta of Market portfolio is always taken as 1.

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What is systematic risk? • It is the extent of fluctuations in the returns on account of certain factors, which will affect all the companies in the Industry – thus it cannot be minimised.

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What is financial leverage? • It is the variability in EPS due to changes in EBIT. • It denotes percentage change in EPS due to 1% change in EBIT. • EPS = Earnings per share • EBIT = Earning before interest and taxes www.afterschoool.tk

What is operating leverage? • It denotes variability in EBIT due to changes in level of output. It depends on ratio of fixed expenses / variable expenses. • It denotes percentage change in EBIT due to 1% change in out put.

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What is demerit goods? • The goods for which social value is less than their monetary value – for example low quality liquars, cigerattes etc.

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What are externalities? • A project may have external benefits and external costs – examples of external costs include pollution, opportunity cost, shadow prices. Examples of external benefits are: social welfare, increased education etc. www.afterschoool.tk

What is shadow price? • The real price which is not reflected by the market forces is called shadow price – which may be identified by willingness of people to pay

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What is SCBA? • It is the systematic evaluation of project on social costs and social benefits. Social costs and benefits are different from financial costs and benefits.

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What is LM approach of SCBA? • Little and Mirrlees approach to SCBA – it is also called UNIDO approach of SCBA.

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What is opportunity cost? • The best opportunity forgone is called opportunity cost. For example, if you leave a job of 5 million Rs. To become an entrepreneur – your opporutnity cost is 5 million Rs. This concept was given by David Ricardo.

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Name any two popular probability distributions? • • • •

Pascal Poisson Normal Binomial etc.

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What is bernoulli process? • Where there are only two outcomes possible – and their probability is stable- observations are independent – we use this process to identify probability. We use it in binomial or pascal distribution.

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What is cluster analysis? • It is a systematic technique for market segmentation in marketing research (segmentation means breaking down market in smaller groups – based on any logical criteria - like gender, age , etc.)

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What is MDS or positioning map? • It is a multivariate analysis technique of marketing research. It is used to identify preferences of people regarding products / brands etc. • MDS= Multi Dimensional Scaling

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What is conjoint analysis? • It is a powerful technique of marketing research – where we use factor analysis and data decomposition to identify attributes of products as perceived by the custoemers.

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Thanks • Afterschoool conducts three year integrated PGPSE (after class 12 along with CA & CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CFP / CFA / FRM. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from www.afterschoool.tk afterschoool and help us in developing

www.afterschoool.tk social entrepreneurship for better society

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