Business Ethics MCQs

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

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) Solicits the sales and completes the orders
(B) Makes customers aware of you
(C) Not delivers your company’s message
(D) Inventory management

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

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

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

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

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

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

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

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

12. How much capital does a private company pay?
(A) Rs 5,00,000
(B) Rs 1,00,000
(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) 6
(C) 5
(D) 2

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

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) Intrapreneurship
(B) International entrepreneurship
(C) Domestic entrepreneurship
(D) Imports

18. Business at a service station is a good example for ________
(A) New concept/new business
(B) Existing concept/new business
(C) New concept/existing 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) 100
(C) 50
(D) Unlimited

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