A modem is the gateway to the internet because it connects a computer or local network to the Internet Service Provider. Portal, webinar, and CPU are not gateways; portal is a website, webinar is an online seminar, and CPU is the processing unit of a computer.
Q2mcq1 mark
Financial Market facilitates business firms __________.
a.
To make more sales
b.
To raise funds
Correct Answer
c.
To minimize fund requirement
d.
To recruit workers
Step-by-Step AI Explanation
Verified Method
Financial markets facilitate business firms to raise funds from various sources such as shares, debentures, and loans. Hence, the correct answer is (b) To raise funds. The other options describe benefits of sales, cost reduction, or recruitment, which are not the main function of financial markets.
Q3mcq1 mark
Which is the primary function of Management ?
a.
Planning
Correct Answer
b.
Innovating
c.
Decision-making
d.
Controlling
Step-by-Step AI Explanation
Verified Method
Planning is the primary function of management because it lays down the objectives and decides the course of action to achieve them. All other managerial functions depend on planning. Innovating, decision-making, and controlling are also important, but planning comes first.
Q4mcq1 mark
The Headquarters of SEBI is __________.
a.
Chennai
b.
Calcutta
c.
Delhi
d.
Mumbai
Correct Answer
Step-by-Step AI Explanation
Verified Method
The headquarters of SEBI is in Mumbai. Therefore, the correct answer is (d) Mumbai. Chennai, Calcutta, and Delhi are not the headquarters of SEBI.
Q5mcq1 mark
Registering and controlling the functioning of collective investment schemes is called as __________.
a.
Rematerialisation
b.
Mutual funds
Correct Answer
c.
Dematerialization
d.
Listing
Step-by-Step AI Explanation
Verified Method
A mutual fund is a collective investment scheme that pools money from many investors and is registered and regulated. Therefore, the correct answer is (b) Mutual funds. Rematerialisation and dematerialization relate to securities in electronic or physical form, while listing means admitting securities to the stock exchange.
Q6mcq1 mark
When the NSEI was established ?
a.
1998
b.
1990
c.
1997
d.
1992
Correct Answer
Step-by-Step AI Explanation
Verified Method
The National Stock Exchange of India (NSE) was established in 1992. So, the correct answer is (d) 1992. The other years given are not the year of its establishment.
Q7mcq1 mark
Who is the Father of Consumer Movement ?
a.
Ralph Nader
b.
Mahatma Gandhi
c.
Jawaharlal Nehru
d.
Mr. John F. Kennedy
Correct Answer
Step-by-Step AI Explanation
Verified Method
Mr. John F. Kennedy is known as the Father of Consumer Movement because of his landmark consumer rights address in 1962. Ralph Nader is a noted consumer activist, while Mahatma Gandhi and Jawaharlal Nehru are not called the father of the consumer movement.
Q8mcq1 mark
The market for buying and selling of Commercial Bills of Exchange is known as a __________.
a.
Commercial Bill Market
Correct Answer
b.
Commercial Paper Market
c.
Capital Market
d.
Treasury Bill Market
Step-by-Step AI Explanation
Verified Method
The market for buying and selling commercial bills of exchange is called the Commercial Bill Market. Therefore, the correct answer is (a) Commercial Bill Market. A commercial paper market deals with commercial papers, while capital market and treasury bill market are different segments of the financial market.
Q9mcq1 mark
GST stands for __________.
a.
Goods and Sales Tax
b.
Goods and Social Tax
c.
Goods and Salary Tax
d.
Goods and Service Tax
Correct Answer
Step-by-Step AI Explanation
Verified Method
GST stands for Goods and Service Tax, so option (d) is correct. The other options are incorrect because they use wrong words such as Sales, Social, or Salary instead of Service.
Q10mcq1 mark
The Chairman of the District Forum is __________.
a.
High Court judge
b.
Supreme Court judge
c.
District judge
Correct Answer
d.
None of the above
Step-by-Step AI Explanation
Verified Method
The Chairman of the District Forum is a District Judge, so option (c) is correct. The other options are incorrect because the post is not held by a High Court judge or Supreme Court judge.
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