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We are providing daily MCQs for CA Foundation – Economics & BCK | CA Foundation – Business Mathematics and Logical Reasoning & Statistics | Practice MCQ’s for CA FOUNDATION Course | Unlimited Chapter-wise MCQ tests for CA Foundation Students available on CA Study Notes | Chapter-wise MCQ based revision series for your CA Foundation exams

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
- Chapter 3: Business Organizations
- Chapter 4: Government Policies for Business Growth
- Chapter 5: Organizations Facilitating Business
- Chapter 6: Common Business Terminologies
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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 IntroductionIn a Hindu Undivided Family, liability of ________ is unlimited.
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Question 2 of 20
2. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionThe Karta is Joint Hindu Family business has:
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Question 3 of 20
3. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionWho can be the head of Joint Hindu Family business?
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Question 4 of 20
4. Question
1 pointsCategory: BCK Chapter 1 MCQs Business and Commercial Knowledge – An IntroductionLiability of other Co-parceners are:
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Question 5 of 20
5. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentAccording to _________, the aim of the business is to create and retain customer.
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Question 6 of 20
6. Question
1 pointsCategory: BCK Chapter 2 MCQs Business Environment_________ have a vested interest in the well-being of the company.
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Question 7 of 20
7. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentCost structure of an industry is effected by _________ own bargaining power.
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Question 8 of 20
8. Question
1 pointsCategory: BCK Chapter 2 MCQs Business EnvironmentAll are elements of micro environment except:
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Question 9 of 20
9. Question
1 pointsCategory: BCK Chapter 5 MCQs Organizations Facilitating BusinessThe Reserve Bank’s affairs are governed by ________.
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Question 10 of 20
10. Question
1 pointsCategory: BCK Chapter 5 MCQs Organizations Facilitating BusinessThe RBI ________ Treasury Bills on behalf of in ________ order to wipe away excess liquidity in the economy.
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Question 11 of 20
11. Question
1 pointsCategory: BCK Chapter 5 MCQs Organizations Facilitating BusinessWhich of the following statements about RBI is incorrect?
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Question 12 of 20
12. Question
1 pointsCategory: BCK Chapter 6 MCQs Common Business TerminologiesWhich one of the following is not a part of intangible Assets?
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Question 13 of 20
13. Question
1 pointsCategory: BCK Chapter 3 MCQs Business OrganizationsAsian Paints Ltd. was initially set up as a _________ by _________ Friends.
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Question 14 of 20
14. Question
1 pointsCategory: BCK Chapter 3 MCQs Business OrganizationsAxis Bank is the _________ largest private Sector bank in India.
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Question 15 of 20
15. Question
1 pointsCategory: BCK Chapter 3 MCQs Business OrganizationsThe headquarters of Axis Bank is in _________.
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Question 16 of 20
16. Question
1 pointsCategory: BCK Chapter 4 MCQs Government Policies for Business GrowthIn which country, you do not have to pay a single penny to enter the National Art Gallery?
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Question 17 of 20
17. Question
1 pointsCategory: BCK Chapter 4 MCQs Government Policies for Business GrowthA _________ emanates from decision and decision is taken in line with _________ identify the right expression to fill in the blanks.
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Question 18 of 20
18. Question
1 pointsCategory: BCK Chapter 4 MCQs Government Policies for Business Growth_________ outlined political system as a set of interactions having structures, each of which per-forms its functions in order to keep it like a going Concern.
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Question 19 of 20
19. Question
1 pointsA stock that provides a constant dividends and stable earnings even in the periods of economic downturn is __________.
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Question 20 of 20
20. Question
1 points__________ is the simultaneous purchase and sale of two identical commodities or instruments. This simultaneous sale and purchase is done in order to take advantage of the price variations in two different markets.
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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 .