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 Business Awareness Questions

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Q:

Cafe Coffee Day has entered into an agreement with which airlines carrier for becoming the single-point vend or supplying snacks and beverages on board?

 

A) Indian (Indian Airlines) B) Air Sahara
C) Air Deccan D) Kingfisher Airlines
 
Answer & Explanation Answer: C) Air Deccan

Explanation:
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Q:

Which of the following BPO companies is wholly-owned subsidiary of polaris Software?

A) Spectramind B) Drogeon
C) WNS D) Optimus
 
Answer & Explanation Answer: D) Optimus

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Q:

Oligopolistic industries are characterized by

A) a few dominant firms and no barriers to entry B) a large number of firms and low entry barriers
C) a few dominant firms and substantial entry barriers D) a few dominant firms and low entry barriers
 
Answer & Explanation Answer: C) a few dominant firms and substantial entry barriers

Explanation:

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

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Q:

Which of the following Stock exchanges is called "Big Board"?

A) Nasdaq B) London Stock Exchange
C) New York Stock Exchange D) Mumbai Stock Exchange
 
Answer & Explanation Answer: C) New York Stock Exchange

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Q:

'Khazanah' is the state-owned investment holding arm of which country?

A) Singapore B) Japan
C) Mauritius D) Malaysia
 
Answer & Explanation Answer: D) Malaysia

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Q:

Equity firm Warburg Pincus and telecom company Sing Tel Hold equity stake in which Indian Cellular service provider?

A) Bharti Televenture B) Hutch
C) Idea D) Reliance Telecom
 
Answer & Explanation Answer: A) Bharti Televenture

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Q:

Innovation allows producers to

A) follow restrictions that the government imposes B) offer warranties for all of their products
C) create goods that draw consumer attention D) avoid competing with similar businesses
 
Answer & Explanation Answer: C) create goods that draw consumer attention

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Q:

The purpose of safety stock is to

A) eliminate the possibility of a stockout B) control the likelihood of a stockout due to the variability of demand during lead time
C) replace failed units with good ones D) eliminate the likelihood of a stockout due to erroneous inventory tally
 
Answer & Explanation Answer: B) control the likelihood of a stockout due to the variability of demand during lead time

Explanation:

The purpose of safety stock is to control the likelihood of a stockout due to the variability of demand during lead time. Stockouts contribute to the direct loss of any type of business.

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