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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 IntroductionWhich of the following is economic activity?
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Question 2 of 20
2. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionWhich of the following statement is false in respect of non-economic actinides?
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Question 3 of 20
3. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionWhich of the following is not a characteristic of Economic Activities?
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Question 4 of 20
4. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionFrom the broader perspective, ________ may be defined as an economic activity comprising the entire spectrum of activities pertaining to production, distribution and trading (Exchange) of goods and Services.
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Question 5 of 20
5. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionThe extraction of edible oil from rice bran, mustard, coconut, Soyboan, etc. represents:
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Question 6 of 20
6. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionIdentify the economic activity:
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Question 7 of 20
7. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionEconomic activities do not include ________.
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Question 8 of 20
8. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionIdentify which are of the following is economic activity?
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Question 9 of 20
9. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionUsually non-economic activities are driver by the reasons:
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Question 10 of 20
10. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionIdentify non-economic activity:
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Question 11 of 20
11. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentThe interaction between Business and Environment brings out:
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Question 12 of 20
12. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhich one of the following is not an advantage of Business Environment to the business?
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Question 13 of 20
13. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentRelationship between organisation and environment can be described through:
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Question 14 of 20
14. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhich one of the following is the major areas as regards interaction of organisation and its environment?
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Question 15 of 20
15. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentThe nature of relationship between the organization and the Environment depends upon:
I. Size of organisation
II. Age of organisation
III. Nature of Business
IV. Nature of ownership
V. Degree of Professionalization of management. -
Question 16 of 20
16. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhich one of the following is not true about External Environment?
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Question 17 of 20
17. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhich one of the following Companies is not affected by FMCG Company ‘Patanjali’ endorsed by Baba Ramdev?
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Question 18 of 20
18. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentIn relation to resources, “5M” represents:
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Question 19 of 20
19. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentIn the relationship between organizations and its environment, there is exchange of:
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Question 20 of 20
20. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentWhich one of the following Statement is incorrect?
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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.
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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.
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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?
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Students should practice CA Foundation Economics & Business and Commercial Knowledge (BCK) MCQ with Answers .