DR.

SANTOSH RAI INSTITUTE

196, Zonal Market Sector – 10, Bhilai PH.: 0788-4012438

CA FOUNDATION
Q.1. On the basis of activities as a domain, the list d. None of the above.
does not include: Q.8. The businesses draw their strategies to beat
a. Manufacturing their competitors. BCK has adapted the
b. Trading term “Strategy” from which of the following
c. Commerce and Services original discipline?
d. Human Resource a. Military
Q.2. On the basis of functions as a BCK domain, b. Biology
the list includes: c. Chemistry
a. Production d. None of the above
b. Accounting, Finance and Taxa-tion Q.9. The BCK Vocabulary includes “Bulls & Bears”.
c. Human Resource These have been taken from the discipline:
d. All of the above a. Military
Q.3. Economic laws, philosophy, Psychology, b. Biology
Sociology, etc. are related with the BCK c. Chemistry
domain: d. None of the above
a. Mode Q.10. The information and communication
b. Scale technology has introduced several terms in
c. Underlying disciplines the lexicon of BCK e.g. 24 X 7, B2B, B2C,
d. Focus etc. The impact of this evolution is the
Q.4. As per Oxford online dictionary, a specified decline and demise of old businesses and
sphere of knowledge is called as ________. newer ways of doing the business. On this
a. Business and Commercial Knowledge basis, it can be said that BCK is.
b. Domain a. Vast
c. Principle b. Multi-disciplinary
d. All of the above c. Eclectic
Q.5. Business and Commercial Knowledge as a d. Even-evolving and expanding.
domain is : Q.11. 11. The Chartered Accountants are
a. Vast responsible for putting in place a credible
b. Eclectic system of truthful and fair accounting and
c. Ever-evolving and expanding reporting of the society’s resources, their
d. All of the above deployment and utilisation. Hence, the
Q.6. In case of business, the range of activities Chartered Accountants are the ________ of
includes manufacturing, trading, services, a nations resources.
retail & domestic trade, door to door selling, a. Custodians
malls, weekly haats, etc. Therefore, BCK is. b. Investigators
a. Vast c. Supervisors
b. Eclectic d. None of the above
c. Ever-evolving and expanding Q.12. The BCK is important for the Chartered
d. All of the above Accountants (CA). Which of the following
Q.7. BCK has derived from various dis-ciplines like Statement(s) is/are correct in this regard?
marketing, accounting & finance, a. The CA cannot develop notions of
operations, human behaviour, laws, cost, inventory, revenue, profit is, etc.
economics, ethics, etc. Therefore, BCK is. in case of FMCG business.
a. Eclectic b. The CA’s shall be able to conduct
b. Uni-disciplinary audit diligently only when they
c. Bi-disciplinary understand the nuances of the
corresponding business.
1
 c. The knowledge of law is not re-quired Q.20. The economic activities are distinguishable
to CA merely by the present of motive.
d. All of the above a. Livelihood
Q.13. According to the English Journalist Joseph b. Emotional
Rudyard Kipling, each one of us have six c. Altruism
honest servants. These are ________. d. All of the above
a. What, why, when, how, where & who. Q.21. Organizations depend upon which
b. Honesty, Integrity, diligence, loyalty, environment for Input:
truthfulness & positive. a. Technological Environment
c. Technology, Service, education, b. Social-Economic Environment
mental level, background & Finance. c. External Environment
d. None of the above. d. Legal Environment
Q.14. Which of the following is not a business Q.22. What is the single word that can best
magazine? describe today’s business?
a. Business word. a. Technology
b. Business Today. b. Persistence
c. India Forbes. c. Profit making
d. Hindu’s Year Book. d. Change
Q.15. Which of the following is not a business Q.23. A business is created to provide:
Channel? a. Products to Customers
a. CNBC TV 18 b. Services to Customers
b. ETNow c. Employment opportunities
c. NDTV Profit d. All of the above
d. SAB TV Q.24. In order to survive over the long term, a
Q.16. Which of the following is not an economic company must have the:
objective of the firm? a. Ability to Prosper
a. Sales growth b. Ability to change
b. Improvement in market share c. Both (a) and (b)
c. Profits and return on investment d. None of the above
d. Conservation of natural resources Q.25. As per Charles Darwin, who sur-vives?
Q.17. Economic, Activities are driven cause of a. Strongest
________? b. Most Intelligent
a. Self-Interest c. Most responsive to change
b. Self-less motive d. All of the above
c. Human welfare Q.26. Which one of the following is not true about
d. Self satisfaction business ?
Q.18. Which of the following statements a. It is created to provide products or
characterizes the best non-economic services to customers.
activities? b. It creates job opportunities.
a. Non-economic activities do not c. It is beneficial to Society.
require any investment of re-sources d. It always gives return on invest-ment.
b. These activities do not entail any Q.27. Read the following three statements:
operational costs (i). The environment is constantly
c. These activities are undertaken by changing in nature.
ascetics (ii). Various environmental
d. The underlying purpose of these constituents exist in isolation
activities is not earning of a livelihood and do not interact with
but social, psychological or spiritual each other.
satisfaction. (iii). The environment has a far
Q.19. Usually non-economic activities are driven reaching impact on
by the reasons: organizations.
a. Emotional From the combinations given below
b. Sentimental select an alternative that represents
c. Altruism statements that are true:
d. Any of the above (a) (i) and (ii).
2
 (b) (ii) and (iii) totality. Therefore, Business Environment is
(c) (i) and (iii) _________.
(d) (i), (ii) and (iii) a. Complex
Q.28. Which one of following is not true about b. Dynamic
Business Environment? c. Multi-faceted
a. It represents all external forces, factors d. Far Reaching impact.
or conditions that exert same degree Q.36. Now-a-days, the film industry generates
of impact on business decisions. revenue from ring tones/caller tunes rather
b. The success of business is affected by than sale of music C.D. It exhibits _________
business environment. feature of business environment.
c. The business must continuously a. Complex
monitor and adapt itself to the b. Dynamic
environment. c. Multi-faceted
d. It includes internal forces only. d. Far Reaching impact
Q.29. The integral elements of business Q.37. An organisation like Aditya Birla Group has
environment include. moved from textile to cement, to retail and
a. Internal forces to financial services as well as telecom due
b. External Forces to changing circumstances. This example is
c. Both (a) and (b) related with _________ feature of Business
d. Either (a) or (b) Environment.
Q.30. As per Traditional authors, the integral a. Complex
elements of business environment include: b. Dynamic
a. Internal forces only c. Multi-faceted
b. External forces only d. Far Reaching impact
c. Internal & External forces Q.38. There is a _________ interaction between
d. Internal or External Forces Business and Business Environment.
Q.31. In order to Survive and proposer a business: a. Close
I. Must Continuously monitor b. Close and continuous
II. Must adapt itself to the environment c. Close and static
III. Must Concentrate on its weakness only d. Continuous and Static
IV. Must Concentrate on its Strength only. Q.39. The interaction between Business and its
(a) I Environment, helps the business in:
(b) I and II a. Determining Opportunities and Threats
(c) II and III b. Continuous learning
(d) III and IV c. Giving directions for growth
Q.32. What is not a characteristic of business d. All of the above.
environment? Q.40. In relation to solving the problem of
a. Static shortage of Electricity, “CPP” means:
b. Complex a. Captive Power Plant
c. Far reaching b. Creative Power Plant
d. Multi-faced c. Central Power Plant
Q.33. Which of the following are not d. Controlled Power Plant
characteristics of business environment: Q.41. The Financial Analysts are also called as
a. Complex _________.
b. Dynamic a. Security or equity analysts
c. Single Faceted b. Investment analysts
d. Far reaching impact c. Rating analysts
Q.34. Which is not a feature of business d. All of these
environment? Q.42. A financial analyst researches _________ to
a. Simple make business sector and industry
b. Complex recommendations.
c. Multi fact a. Macro-Economic Conditions
d. Dynamic b. Micro-Economic Conditions
Q.35. It is easy to understand the business c. Company Fundamentals
environment in parts but difficult to grasp in d. All of the above
3
Q.43. _________ study strength and weaknesses in Q.51. In which year Adani Ports and SEZ Ltd. was
order to advise a company about the founded?
decisions to be taken to increase its market a. 1995
share and profitability. b. 1998
a. Market Research Analysts c. 1999
b. Management Analysts d. 2000
c. Budget Analysts Q.52. Adani Ports and SEZ Ltd. port Business is
d. Financial Analysts integral to its logistics business and is :
Q.44. A Company Overview usually include: a. India’s largest port operator
a. Introduction, History and core b. India’s largest Private Port operator
Management Team c. India’s Second largest port operator
b. Portfolio of Business, Products and d. India’s Second largest Private Port
services operator
c. Competitive scenario, Financial Q.53. When was Asian Paints Limited
Position and Market Position incorporated?
d. All of the above a. 1940
Q.45. Which one of the following is required to b. 1942
analyze business practices, identify c. 1945
potential business problems, market d. 1948
requirements and provide financial, Q.54. Who is the current Head (MD & CEO) of
marketing or managerial solutions? Asian Paints Limited?
a. Budget & Financial Analysts a. KBS Anand
b. Management Analysts b. Ash win Dani
c. Market Research Analysts c. Jayesh Merchant
d. All of the above d. Jairam Sridharan
Q.46. The headquarters of Adani Ports and Q.55. Jayesh Merchant is the CFO of which
Special Economic Zone Limited is in: company?
a. Ahmedabad a. Asian Paints Ltd.
b. Mumbai b. Ambuja cements Ltd.
c. Kolkata c. Bosch Ltd.
d. New Delhi d. Ultratech cement Ltd.
Q.47. Adani Ports and Special Economic Zone Q.56. Which one of the following is not the
Ltd. operates ports in _________. nearest rival or competing firms of Asian
a. Mundra Paints Ltd?
b. Dahej a. Berger Paints (India) Ltd.
c. Hazira & Dhamra b. Jenson & Nicholson (India) Ltd.
d. All of these c. Proctor & Gambler Ltd.
Q.48. Who is the current Chief Executive officer d. Shalimar Paints Ltd.
of Adani Ports & SEZ Ltd.? Q.57. Asian Paints Ltd. has been a market leader
a. Gautambhai Shantilal Adani in paints since _________.
b. Karan Gautambhai Adani a. 1942
c. Deepak Maheshwari b. 1960
d. Sushil Adani c. 1967
Q.49. _________ is the Present Head (MD) of d. 1971
Adani Ports and SEZ Ltd.? Q.58. The headquarters of Asian Paints Ltd. is
a. Gautambhai Shantilal Adani situated in _________.
b. Karan Gautambhai Adani a. Delhi
c. Deepak Maheshwari b. Mumbai
d. Sushil Adani c. Gujarat
Q.50. Who is the present CFO of Adani Ports and d. Nasik
Special Economic Zone Ltd.? Q.59. Asian Paints Ltd. is India’s leading and
a. Gautambhai Shantilal Adani Asia’s _________ largest paint company.
b. Karan Gautambhai Adani a. Second
c. Deepak Maheshwari b. Third
d. Sushil Adani
4
 c. Fourth Q.68. Who has authorized the book
d. Fifth “Arthashastra”, a Conceptual frame work
Q.60. _________ is the present non-executive of State Craft and public Policy?
chairman of Asian Paints Ltd. a. Chandragupta Maurya
a. Ashwin Dani b. Chanakya
b. Suryakant Dani c. Plato
c. Chimanlal Choksi d. Akbar
d. KBS Anand Q.69. At the time of independence, Strong
Q.61. The Government Policies are “Sine qua policy making was required as the nation
non” for all spheres of the economy. The had a diversity of:
term “Sine qua non” means: a. Languages
a. Indispensible b. Cultures
b. Universal c. Inequalities
c. Robust d. All of the above
d. Applicable Q.70. Which of the following is not a part of
Q.62. In which country, the import of second European Nations?
hand foreign cars is allowed? a. Germany
a. India b. Denmark
b. Bangladesh c. Japan
c. Japan d. Sweden
d. USA Q.71. ERICS Stands for _________.
Q.63. During the time of Emperor Chandra a. Brazil, Russia, India, China and South
Gupta Maurya, the great intellectual guru Africa
of the emperor, _________ outlined the b. Britain, Russia, India, China and
public policy of the State. Sweden
a. Akbar c. Brazil, Russia, India, Columbia, and
b. Sultan South America
c. Chanakya d. Britain, Russia, India, Columbia and
d. Todarmal Sweden.
Q.64. At the time of attaining freedom in 1947, Q.72. Which one of the following is regarded as
India witnessed the existence of the Socialist and Communist State?
problem of _________. a. China
a. Multiplicity of Princely States b. North Korea
b. Lack of Industries c. Erstwhile Soviet Union
c. Lack of enough food-grains d. All of the above
d. All of the above Q.73. There have been monumental efforts in
Q.65. In Delhi sultanate, who introduced changing the post-independence policies
stringent tax reforms: specially in 1991. These efforts are
a. Alauddin Khilji Commonly referred to as :
b. Akbar a. LPG
c. Todarmal b. SEC
d. Chanakya c. RRB
Q.66. During the time of Akbar, land reforms d. None of the above
were introduced under the leadership of : Q.74. Which one of the following is an example
a. Alauddin Khilji of Liberalization?
b. Akbar a. Simplification of tax structure
c. Todarmal b. Removing quotas and bars
d. Chanakya c. Removing economic restrictions
Q.67. During the time when Ashoka, the Great, d. All of the above
ruled Magadh, _________ introduced the Q.75. The measures of lifting the trade barriers
policy of Peace & Harmony. are covered in:
a. Ashoka a. Liberalization
b. Chandragupta b. Privatization
c. Todarmal c. Globalization
d. Chanakya d. All of the above
5
Q.76. Simplification of trade restrictions related to Q.84. In ________, the Union Government
import is an example of: enacted the Industries Development and
a. Globalization Regulation Act.
b. Privatization a. 1947
c. Disinvestment b. 1948
d. Aggregation c. 1950
Q.77. LPG stands for: d. 1951
a. Liberalization
b. Privatization Q.85. The detailed organisation and
c. Globalization implementation of a Complex operation is
d. All of these called as _________.
Q.78. Globalization means: a. Logistics support
a. Taking off restrictions in export and b. Organisation
import of goods and services. c. Incubator
b. Gradual decrease in Government d. Merchandiser
command and control over Q.86. The _________ is regarded as the watershed
economic policies. development in business facilitation in
c. Transfer of Government owner-ship to India.
private lands. a. Economy Policy of 1951
d. None of these. b. Economic Policy of 1956
Q.79. Gradual decrease in Government c. Economic Policy of 1991
command and control over the economic d. Economic Policy of 2015
policies: Q.87. _________ is the rule setter for fair play in
a. Globalization business provides the business facilitation.
b. Privatization a. RBI
c. Liberalization b. SEBI
d. None of the above. c. Competition Commission of India
Q.80. Which one of the following coun¬tries is d. Ministry of Law
included in BRICS nations? Q.88. Which one of the following is the industry
a. Sweden specific business facilitator?
b. South Africa a. Insurance Regulatory and
c. South Korea Development Authority
d. Singapore b. Reserve Bank of India
c. Securities & Exchange Board of India
Q.81. Which, one of the following is a “Point of d. Ministry of Industry
Contact” Business facilitator? Q.89. ________ is the national level apex
a. Freight Forwarder organisation for entrepreneurship
b. Business Incubator development.
c. Financial Consultant. a. EDI
d. All of the above b. FDI
Q.82. _________ helps create and grow young c. MDI
business by providing them with necessary d. SDI
support and financial and technical Q.90. The Entrepreneurship Development
services. Institute (EDI) render :
a. Business facilitator a. Consultancy Service
b. Business Incubator b. Service of preparing State industrial
c. Business Consultant profiles
d. Business merchandiser c. The facility to conduct district level
Q.83. Business facilitator is/are those: industrial potential surveys
a. Who helps the business d. All of the above.
b. Who advises the business on various Q.91. The Institute ________ aims to enhance
sources of finance domestic as well as India’s image as a sourcing partner and
foreign investment destination.
c. Who create and grow young business a. India Trade Promotion Organisation
d. All of these. b. Industrial Development institute
6
 c. Indian Institute of Foreign Trade b. 28
d. International Development Institute c. 30
Q.92. Which one of the following is not a non- d. 35
funding Institution? Q.97. Which of the following scheme has been
a. RBI introduced by Government for furthering
b. SEBI and facilitating Indian Business?
c. TRAI a. Made in India
d. IFCI b. Make in India
Q.93. SEBI, RBI & IRDA are ________. c. SEZ
a. Regulatory Bodies d. Jan Shakti Yojana
b. Cluster Bodies Q.98. The Central Office of the Reserve Bank was
c. Goal sector bodies initially established in ________ but was
d. None of these permanently moved to ________ in 1937.
Q.94. Which one of the following is the funding a. Kolkata, Mumbai
institution. b. Mumbai, Kolkata
a. RBI c. Delhi, Mumbai
b. IRDAI d. Kolkata, Delhi
c. IFCI Q.99. Who regulates the currency in the country?
d. CCI a. SEBI
Q.95. ________ focuses on training the trainers in b. RBI
entrepreneurship development. c. Central Bank
a. NIESBUD d. Finance Ministry
b. NISBUD Q.100. The RBI has been vested with ex-tensive
c. EDI power to control and supervise
d. None of the above. commercial banking system under the:
Q.96. At present, in India, we have ________ a. Reserve Bank of India Act, 1934
Micro, Small and Medium Enterprises b. The Banking Regulation Act, 1949
Development Institutes. c. Both (a) and (b)
a. 25 d. None of the above.