NTA CUET Business Studies With Fully Solved 2023 Papers by Pearson

Mock Test 4

Instructions:

1. You are supposed to attempt any 40 of these 50 questions.
2. For a correct response you get 5 marks and for an incorrect one you are penalised by 1 mark.
3. The duration of the test is 45 minutes.

1. Which institute provides scope for speculation?

(a) Stock exchange

(b) SEBI

(c) RBI

(d) All of the above

2. In which form of business organization do the owners have limited liability?

(a) Sole proprietorship

(b) Partnership

(c) Joint Hindu family business

(d) Public limited company

3. What is the term for the legal document that defines the objectives, powers, and structure of a company?

(a) Memorandum of Association

(b) Article of Understanding

(c) Prospectus

(d) Certificate of Incorporation

4. Which principle of management ...