Industry Ethics And Legal Issues MCQ's with Answers
set III
a) 1-5 years
b) 1-10 years
c) 1-20 years
d) 1-15 years
Answer is b) 1-10 years
Q2. How many schemes are there under Pradhan Mantri MUDRA Yojana?
a) 4
b) 6
c) 3
d) 2
Answer is c) 3
Q3. Software piracy is:
a) Software counterfeiting.
b) The copying of software for use on more than one machine when the license is for single usage.
c) Downloading pirate versions of software over the Internet.
d) All of above
Answer is d) All of above
Q4. Growth Capital and Equity Assistance provides assistance to whom?
a) Large businesses
b) Existing Small and Medium Businesses
c) Only women Entrepreneurs
d) None of the above
Answer is b) Existing Small and Medium Businesses
Q5.What is the problem definition related to:
a) How often does the problem occur?
b) What is the impact of the problem?
c) Only A
d) Both A and B
Answer is d) Both A and B
Q6. Business ethics deals primarily with
a) social responsibility
b) The pricing of products and services
c) Moral obligation
d) Being unfair to the competition
Answer is c) Moral obligation
Q7. Decisions and policies that use the approach to "decision making attempt to implement social systems, institutions, and environments that everyone depends on and that benefit all people."
a) Utilitarian
b) Common good
c) Fairness
d) Virtue Ethics
Answer is b) Common good
Q8. The Company Description must convey many aspects of your business, but not:
a) Company name
b) Products and services
c) Feasibility analysis
d) Location
Answer is c) Feasibility analysis
Q9. Term Loan has an interest rate between?
a) 10% and 20%.
b) 10% and 30%.
c) 10% and 40%.
d) 10% and 15%.
Answer is a)10% and 20%.
Q10. . Which of the following is an internal factor that influences entrepreneurs?
a) Technological Capacity
b) Social environment
c) Political environment
d) Economic condition
Answer is a) Technological Capacity
Q11. Which of the following is usually included in a business plan?
a) Detailed description of the product or service.
b) Surveys.
c) Raw materials
d) Location
Answer is a) Detailed description of the product or service.
Q12. Define Moral Relativism
a) Values determined by the society
b) Values Determined by the family.
c) Values determined by the any organization
d) None of these
Answer is a) Values determined by the society
Q13. What is the full form of NIPP?
a) NASSCOM Industry Partnership Program
b) National Infrastructure Protection Plan
c) NASSCOM industry Potential Plan
d) National Integrated Power Project
Ans is b) National Infrastructure Protection Plan
Q14. All definitions of Corporate Social Responsibility recognize that:
a) companies have a responsibility for their impact on society and environment.
b) the natural environment should be the main focus of CSR activities.
c) business ethics is a complex issue.
d) companies must pay equal attention to business ethics and sustainability
Ans is a) companies have a responsibility for their impact on society and environment.
Q15. A company is said to have been registered when?
a) Its files Memorandum of association and Articles of Association.
b) It gets incorporation certificate with the Registrar of Companies.
c) It gets certificate for commencement of business.
d) It actually starts its business.
Ans is b) It gets incorporation certificate with the Registrar of Companies.
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