EMPLOYABILITY SKILLS LATEST 1st YEAR MCQ

421 Giving festival offers, free samples and price discounts are              in marketing.
A. Physical evidence
B. Packaging
C. Promotion
D. Place

C
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422 Marketing helps the customer to learn about……….”
A. Price
B. Availability
C. Special Discounts
D. All of the above

D
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423 Which among the following is not a part of 7P’s of marketing.
A. Product
B. Packaging
C. Price
D. Pickles

D
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424 Tom wants to start a shop shop selling books, pens etc. Which is the best place to have his shop?
A. Near college and schools
B. Near the river
C. At his house
D. Near fish market

A
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425 Total cost is equal to ?
A. Variable Cost + Discount
B. Investment + Fixed Cost
C. Variable Cost + Fixed cost
D. Fixed Salary + ROI

C
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426            cost increases or decreases depending on how much we produce or sell.
A. Variable
B. Fixed
C. Total
D. Maintenance

A
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427 Preeti is renting a kitchen to run a Paratha Shop, The rent of the kitchen is          cost?
A. Variable
B. Total
C. Fixed
D. Admin

C
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428              is the money we invest in producing a product or service.
A. Business revenue
B. Product Cost
C. Product Price
D. Business Pitch

B
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429 Mani is a painter and he buys new brushes and tins for painting. What type of cost it is?
A. Total Cost
B. Fixed Cost
C. Variable Cost
D. Maintenance

B
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430 The word funding means
A. Money for shopping
B. Saving and Spending
C. Money to start a business
D. Bank account

C
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431 A              is a new business, which later grows into a big company
A. NSIC
B. Parlours
C. Hotels
D. Start Up

D
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432            supports entrepreneurs to get loans under several schemes in district level.
A. National small industries corporation (NSIC)
B. District Industry Centres (DIC)
C. SIDO
D. SSLC

B
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433 Individuals who invest their money in a business are called as
A. Business Plan
B. Partners
C. Sole Proprietorship
D. Angel Investors

D
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434 Who can apply for a MUDRA loan to start a business?
A. A baby
B. A shopkeeper
C. A politician
D. A teacher

B
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435 A product name that has been officially registered with the Trademark Registry of India is called
A. Marked
B. Trademark
C. Registered
D. Token

B
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436 Entrepreneurs learn from their success as well as their
A. Failures
B. Friends
C. Profit
D. Business Pitch

A
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437 The secret to growing your business is to choose the right            to support your growth
A. Clothes
B. Loss
C. Friends
D. Team

D
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438 Wahid wants to register his product under a trademark. What is the benefit of getting a trademark for your product?
A. He can sell it at higher rate
B. No one else can use the same product name
C. He will get a lot of success
D. He can take many loans

B
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439 Joy started a homemade pickle business. He has not been able to get profit in the first 2 months. What should he do?
A. End his business
B. Borrow money
C. Find for reasons for his failure & learn from them
D. Get angry

C
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440 An occupation undertaken for a long period and with opportunities for progress is called
A. Job
B. Career
C. Work
D. None

B
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