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In this Quiz, We have covered MCQs from
- CA Foundation Paper 4B : Business and Commercial Knowledge [20 Questions]
- Chapter 1 : Business and Commercial Knowledge – An Introduction
- Chapter 2 : Business Environment
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MCQ’s in CA Foundation Economics are very useful for preparing CA Foundation exams conducted by ICAI. The MCQ’s provided are according to the content given by the ICAI and these questions are most important for your examination.
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Question 1 of 20
1. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionOn the basis of activities as a domain, the list does not include:
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Question 2 of 20
2. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionOn the basis of functions as a BCK domain, the list includes:
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Question 3 of 20
3. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionEconomic laws, philosophy, Psychology, Sociology, etc. are related with the BCK domain:
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Question 4 of 20
4. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionAs per Oxford online dictionary, a specified sphere of knowledge is called as ________.
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Question 5 of 20
5. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionBusiness and Commercial Knowledge as a domain is :
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Question 6 of 20
6. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionIn case of business, the range of activities includes manufacturing, trading, services, retail & domestic trade, door to door selling, malls, weekly haats, etc. Therefore, BCK is.
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Question 7 of 20
7. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionBCK has derived from various disciplines like marketing, accounting & finance, operations, human behaviour, laws, economics, ethics, etc. Therefore, BCK is.
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Question 8 of 20
8. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionThe businesses draw their strategies to beat their competitors. BCK has adapted the term “Strategy” from which of the following original discipline?
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Question 9 of 20
9. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionThe BCK Vocabulary includes “Bulls & Bears”. These have been taken from the discipline:
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Question 10 of 20
10. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionThe information and communication technology has introduced several terms in the lexicon of BCK e.g. 24 X 7, B2B, B2C, etc. The impact of this evolution is the decline and demise of old businesses and newer ways of doing the business. On this basis, it can be said that BCK is.
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Question 11 of 20
11. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentOrganizations depend upon which environment for Input:
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Question 12 of 20
12. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhat is the single word that can best describe today’s business?
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Question 13 of 20
13. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentA business is created to provide:
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Question 14 of 20
14. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentIn order to survive over the long term, a company must have the:
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Question 15 of 20
15. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentAs per Charles Darwin, who survives?
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Question 16 of 20
16. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhich one of the following is not true about business ?
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Question 17 of 20
17. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentRead the following three statements:
(i) The environment is constantly changing in nature.
(ii) Various environmental constituents exist in isolation and do not interact with each other.
(iii) The environment has a far reaching impact on organizations.
From the combinations given below select an alternative that represents statements that are true: -
Question 18 of 20
18. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhich one of following is not true about Business Environment?
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Question 19 of 20
19. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentThe integral elements of business environment include.
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Question 20 of 20
20. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentAs per Traditional authors, the integral elements of business environment include:
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Frequently Asked Questions
Is there a negative marking in the CA Foundation Exams?
Yes, but only in two objective papers (papers 3 & 4) where for every wrong answer ¼ or 0.25 marks will be deducted.
Can I darken more than one circle as answers for the MCQs in Paper 3 and 4?
No, please don’t! More than one darkened circle for a single question is considered a wrong answer. It will result in a negative marking of 0.25 for every question that’s answered in this manner.
How many attempts can you take to clear CA Foundation exams?
There is no limit on the number of attempts you can take. However, you can only appear for CA Foundation Exams till your registration is valid. Because CA Foundation registration is valid up to 3 years, you can take 6 tries for a single registration period before having to re-register.
Is the CA Foundation exam easy or not?
There’s no straightforward answer to this question. But it’s a fact that CA Foundation is the easiest of all three levels.
What should I do after the 10th or 12th to become a CA?
You can provisionally register for the CA Foundation course right after class 10, but you have to wait till you pass your class 12 exams to appear for the CA Foundation exams.
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Students should practice CA Foundation Economics & Business and Commercial Knowledge (BCK) MCQ with Answers .