Business Ethics MCQs

By: Prof. Dr. Fazal Rehman | Last updated: May 29, 2025

1. : In how many days must the minimum subscription be received?
(A) 130
(B) 12
(C) 120
(D) 135

2. : All employees’ behavior is guided by ________
(A) Code of ethics
(B) Word of ethics
(C) Ethical dilemma
(D) None of the above

3. : What does the marketing do?
(A) Makes customers aware of you
(B) Solicits the sales and completes the orders
(C) Not delivers your company’s message
(D) Inventory management

4. : Benefits of NASSCOM are ________
(A) Reachability to strategic investments and grants
(B) Faster access to global markets and JV/OEM
(C) Direct fast access to senior executives
(D) All of the above

5. : How much amount does the TARUN stage of MUDRA loan scheme give?
(A) Rs 20 lakhs
(B) Rs 50 lakhs
(C) Rs 10 lakhs
(D) Rs 40 lakhs

6. : “Kishor” scheme of PM Mudra Yojana provides the maximum loan of ________
(A) Rs 2,00,000
(B) Rs 1,00,000
(C) Rs 3,00,000
(D) Rs 5,00,000

7. : Ethics should guide the technology towards ___________
(A) Political justice
(B) Cultural justice
(C) Social justice
(D) None of the Above

8. : A company whose shares are easily transferred is ________
(A) Private Company
(B) Public Company
(C) Both (A) & (B)
(D) None of the above

9. : How many minimum members are required in a public company?
(A) 1
(B) 2
(C) 5
(D) 7

10. : How many minimum members are required in a private company?
(A) 1
(B) 2
(C) 3
(D) 5

11. : Income tax exempts the profits of recognized startups for how many years?
(A) 2 years
(B) 3 years
(C) 4 years
(D) 1 year

12. : How much capital does a private company pay?
(A) Rs 1,00,000
(B) Rs 5,00,000
(C) Rs 50,00,000
(D) None of the above

13. : A company can continue its business under Section 45 for ________ months
(A) 1
(B) 2
(C) 5
(D) 6

14. : ___________ should be selected as the director of a company
(A) An individual
(B) A body corporate
(C) A firm
(D) An association

15. : From what do moral values always diverge?
(A) Culture to culture
(B) People to people
(C) State to state
(D) All the above

16. : Who owns the property of the company?
(A) Company
(B) Shareholders
(C) Members
(D) Promoters

17. : What is an entrepreneur who is doing business worldwide called?
(A) International entrepreneurship
(B) Intrapreneurship
(C) Domestic entrepreneurship
(D) Imports

18. : Business at a service station is a good example for ________
(A) New concept/new business
(B) New concept/existing business
(C) Existing concept/new business
(D) Existing concept/existing business

19. : How many maximum members are allowed in a private company?
(A) 50
(B) 100
(C) 150
(D) 200

20. : How many maximum members are allowed in a public company?
(A) 1
(B) Unlimited
(C) 50
(D) 100

21. : How should a director be selected according to Section 255 of the Companies Act?
(A) Central Government
(B) Company Law Tribunal
(C) Company in General Meeting
(D) Board of Directors

22. : How many parties are involved in a franchise business?
(A) 1
(B) 2
(C) 3
(D) 5

23. : What is the right called through which you can control your own personal information?
(A) Access
(B) Security
(C) Privacy
(D) None of the above