BPSC TRE Previous Question Paper Quiz
विद्यालय अध्यापक परीक्षा के पूछे गए प्रश्न
For Class (1-5), (6-8), (9-10), (11-12)
Results
#1. Which principle of general management advocates that, “employee turnover should be minimized to maintain the organizational efficiency”?
Explanation: The principle of stability of personnel, as proposed by Henri Fayol, emphasizes minimizing employee turnover to maintain organizational efficiency.
#2. The policy and process on liberalization and privatization in India are aimed at
Explanation: Liberalization and privatization policies in India aim to both encourage foreign investment/reduce government control and transfer public sector ownership to private entities.
#3. The Government of India proposed to encourage the e-transactions by encouraging the use of plastic money (through debit, credit and gift cards) or net banking by allowing deductions in usage charges, fees and income-tax exemptions. Which component of business environment does it represent?
Explanation: Government policies and initiatives related to taxation and financial transactions are part of the political/legal environment.
#4. The Indian Government initiated the LPG reforms to address the challenges of
Explanation: LPG (Liberalization, Privatization, Globalization) reforms were primarily launched to reduce excessive government control and bureaucratic inefficiencies.
#5. Identify the correct sequence of steps involved in the planning process.
Explanation: The standard planning process begins with setting objectives, followed by developing premises, identifying alternatives, and then evaluating them.
#6. According to Maslow’s hierarchy of needs, which of the following needs must be satisfied first?
Explanation: According to Maslow, physiological needs (not listed) are the most basic and must be satisfied before others.
#7. Indigo Limited has a staff of 300 people which is grouped into different departments. The organizational structure depicts that 100 people work in production department, 150 in finance department, 20 in technology department and 30 in human resource department. Identify the type of organizational structure being followed by the company.
Explanation: Grouping employees into departments based on specialized functions (like production, finance) is characteristic of a functional structure.
#8. Which of the following is a characteristic of effective delegation?
Explanation: Effective delegation involves granting appropriate, not unlimited or overly limited, authority to subordinates.
#9. Which of the following decisions is to be made while devising the strategies to staffing?
Explanation: Staffing strategy involves multiple decisions including manpower planning, analyzing labor markets, and sequencing recruitment activities.
#10. Which of the following financial statements provides a snapshot of a company’s financial position at a specific point of time?
Explanation: The balance sheet shows a company’s assets, liabilities, and equity at a specific point in time, providing a financial snapshot.
#11. Which of the following aims to provide broad training to enable the trainee to take up a wide variety of tasks within his field of specialization?
Explanation: Apprenticeship programs are designed to provide comprehensive, broad-based training for a variety of tasks within a specialization.
#12. What does the term ‘working capital’ mean?
Explanation: Working capital is defined as current assets minus current liabilities, indicating short-term financial health.
#13. __________ entrepreneurs are extremely task-oriented.
Explanation: Technical entrepreneurs are known for being highly focused and task-oriented in their approach.
#14. What is the purpose of crowd funding as a method of raising funds?
Explanation: Crowdfunding is specifically designed to raise small amounts of money from a large number of people, typically via online platforms.
#15. The MSME Development Act came into force in
Explanation: The Micro, Small and Medium Enterprises Development (MSMED) Act was enacted in 2006.
#16. What is the purpose of bond markets?
Explanation: Bond markets facilitate the trading of debt securities issued by both governments and private institutions.
#17. Which of the following is not a type of personal barrier?
Explanation: Loss by transmission and poor retention is a semantic/psychological barrier, not a personal barrier related to individual attitudes.
#18. What is the role of stock exchange in financial markets?
Explanation: The primary role of a stock exchange is to provide a regulated marketplace for buying and selling securities like stocks and bonds.
#19. __________ refers to the structure of total capital funds raised by the company.
Explanation: Capital structure refers to the mix of debt and equity used by a company to finance its overall operations and growth.
#20. The process which involves gauging a customer’s requirements and designing a product or service to serve that requirement is known as
Explanation: The core of marketing involves identifying customer needs and creating products or services to satisfy them.
#21. Identify the correct sequence of steps to be followed in the trading procedure at stock exchange.
Explanation: The standard trading sequence is: open accounts, place order, order gets executed, and finally settlement occurs.
#22. A name, term, design, symbol, or any other feature that identifies one seller’s good or service as distinct from those of other sellers is known as
Explanation: A brand encompasses the identifying features that differentiate a seller’s offerings in the marketplace.
#23. Which of the following serves as an intermediary between the investor and the depository who is authorized to maintain the accounts of dematerialized shares?
Explanation: A Depository Participant (DP) acts as an agent of the depository, providing an interface for investors to hold demat accounts.
#24. An organized network of agencies and institutions which, in combination, perform all the functions required to link producers with end customers to accomplish the marketing task is known as
Explanation: A distribution channel is the interconnected system that moves goods or services from producers to end users.
#25. Which of the following promotional tools is thought to be the most expensive to use?
Explanation: Personal selling, involving direct salespeople, is typically the most costly promotional tool due to high labor and training expenses.
#26. A consumer good and/or service (such as soap, candy bar and shoeshine) that is bought frequently, often on impulse, with little time effort spent on the buying process, is known as
Explanation: Convenience products are inexpensive, frequently purchased items requiring minimal buying effort.
#27. Which of the following statements is false?
Explanation: The statement about choreographic work is false; original choreographic works are protected by copyright upon fixation, regardless of medium.
#28. The degree that an economic variable changes in response to a change in another economic variable is known as
Explanation: Elasticity measures the responsiveness of one variable (like quantity demanded) to changes in another (like price).
#29. Which of the following statements is false?
Explanation: Trademarks are protected under trademark law (e.g., Trademarks Act), not specifically under the Consumer Protection Act.
#30. The mix of controllable variables that a firm uses to reach desired sales level in target market is known as
Explanation: The marketing mix (the 4 Ps: Product, Price, Place, Promotion) comprises the controllable tools a firm uses to influence its target market.
#31. Which of the following is not recognized as misconception about entrepreneurship?
Explanation: All listed options (A, B, and C) are commonly recognized misconceptions about entrepreneurship.
#32. Products that are unknown to the potential customers or they are known product which customers do not actively seek are known as
Explanation: Unsought products are those that consumers do not normally think of buying or are unaware of.
#33. Which of the following could provide an individual with the motivation to start with a new business venture?
Explanation: Entrepreneurial motivation can stem from various factors including financial gain, independence, and the propensity for risk-taking.
#34. Arranging for a product to occupy a clear, distinctive and desirable place relative to competing products in the minds of target market is known as
Explanation: The terms positioning, product positioning, and market positioning are often used interchangeably in this context.
#35. What are the 6 C’s that motivate entrepreneurs to establish their own business?
Explanation: A common model lists the 6 C’s of entrepreneurial motivation as Change, Challenge, Creativity, Control, Curiosity, and Cash.
#36. An exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something or offers a new technical solution to a problem, is known as
Explanation: A patent is an intellectual property right granted for a new, useful, and non-obvious invention.
#37. “I really believe that entrepreneurship is about being able to face failure and succeed after failure.” Who said this?
Explanation: This quote is attributed to Kiran Mazumdar-Shaw, founder of Biocon.
#38. Which of the following is granted to anyone who invents or discovers any new and useful process, machine, article of manufacture, or composition of matter, or any new and useful improvement thereof?
Explanation: A utility patent is granted for new and useful inventions or functional improvements, as described in the question.
#39. __________ type of entrepreneurs is particularly important for the underdeveloped countries because they contribute significantly to the development of such nations.
Explanation: Innovative entrepreneurs, who create new products and markets, are crucial for driving economic development in underdeveloped countries.
#40. Who can apply for patents?
Explanation: Patent applicants can include the true inventor, assignees (to whom rights are transferred), or persons with proprietary interest.
#41. Which one among the following is considered as one of the important economic factors which determines entrepreneurial growth?
Explanation: Multiple economic factors, including market conditions, government policies, and political stability, influence entrepreneurial growth.
#42. In consumer protection, what does complainant mean?
Explanation: Under consumer protection law, a complainant can be an individual consumer, a registered consumer association, or a group of consumers with a common grievance.
#43. Which of the following is not a common myth about entrepreneurs?
Explanation: The statement “Everyone has the potential to be an entrepreneur” is generally considered a fact or an empowering view, not a myth.
#44. A dispute where the person against whom a complaint has been made, denies or disputes the allegation contained in the complaint [Section 2(1)(e)] is referred to as
Explanation: As per the Consumer Protection Act, a ‘consumer dispute’ arises when the allegations in a complaint are denied or disputed by the opposite party.
#45. ____ is conducted to determine whether a proposed business has sufficient management expertise, organizational competence and resources to successfully launch its business.
Explanation: Organizational feasibility analysis assesses the management capability and resource adequacy of a proposed venture.
#46. A person who starts an industrial unit by means of an innovative skill is known as
Explanation: An individual starting an industrial unit with innovation can be described as both an industrial entrepreneur and an innovative entrepreneur.
#47. Which of the following is a function of SIDBI?
Explanation: SIDBI’s (Small Industries Development Bank of India) functions include providing seed capital, bill discounting, and promoting the MSME sector.
#48. A person who undertakes those ventures which go well along with the changing demand in the market is known as
Explanation: A modern entrepreneur is characterized by their adaptability and alignment with changing market demands and trends.
#49. Which of the following statements is false?
Explanation: SIDBI’s primary mandate is the promotion, financing, and development of the MSME sector, not large-scale industries.
#50. If the wife and husband are running a business venture together, they are called as
Explanation: The specific term for a married couple who co-found and manage a business together is ‘copreneurs’.
#51. A business plan is important for all of the following reasons, except
Explanation: A business plan outlines potential but does not provide an assurance of returns to lenders or investors, making this statement the exception.
#52. The entrepreneurial activities that acquire organizational sanctions and commitments of resources for the sole objective of innovative results is known as
Explanation: Intrapreneurship refers to entrepreneurial behavior within an established organization, sanctioned to drive innovation.
#53. ____ is a form of financing especially for funding high technology, high risk and perceived high reward projects.
Explanation: Venture capital is equity financing specifically targeted at high-growth, high-risk startups with significant potential returns.
#54. A group of people leading the way in new developments or ideas is known as
Explanation: The term ‘vanguard’ refers to a group of people at the forefront of new developments or innovation.
#55. Which of the following is relevant while planning for working capital requirement?
Explanation: Effective working capital management involves planning for optimal cash, inventory levels, and credit policies.
#56. The purpose of soft loan scheme is to encourage units to undertake
Explanation: Soft loan schemes are designed to finance various forms of industrial improvement, including modernization, replacement, and renovation.
#57. In filing, folders, drawers, cabinets and cupboards are required to be
Explanation: In office filing systems, folders and cabinets are typically arranged vertically for efficient space use and access.
#58. A business plan is important for
Explanation: A key purpose of a business plan is to serve as a selling document to attract investors, partners, and talent.
#59. As per the Companies Act, 2013, the number of members of a company (excluding present or past employee who are members also) cannot exceed
Explanation: The question’s premise is incorrect; the Act does not specify a general maximum member limit for all companies in this manner.
#60. A favourable set of circumstances that creates a need for a new product, service or business is known as
Explanation: In entrepreneurship, an ‘opportunity’ is a favorable situation that enables the creation of a new business or offering.
#61. Planning is performed at which of the following levels of management?
Explanation: Planning is a fundamental management function performed at all levels—top, middle, and supervisory—though the scope differs.
#62. What is the first step of resource assessment process?
Explanation: The initial step in resource assessment typically involves identifying the specific financial resources required for the venture.
#63. Which of the following is not a feature of motivation?
Explanation: Motivation, by definition, energizes and directs behavior toward goals, making an individual active, not inactive.
#64. Which of the following is an example of a financial barrier to entrepreneurship?
Explanation: Limited access to capital and funding is a quintessential financial barrier facing entrepreneurs.
#65. A person who works within an organization and having entrepreneurial capabilities is called
Explanation: An intrapreneur is an employee who applies entrepreneurial skills and innovation within a corporate setting.
#66. What is the purpose of using contests and sweepstakes in sales promotion?
Explanation: Contests and sweepstakes serve multiple purposes including creating excitement, boosting brand awareness, and offering incentives.
#67. The difference between current assets and current liabilities is called as
Explanation: The difference is called ‘Net Working Capital’ or simply ‘Working Capital’; none of the provided options correctly name it.
#68. The primary objective of sales promotion is to
Explanation: Sales promotions are short-term tactics primarily aimed at stimulating immediate purchase and increasing sales volume.
#69. Which of the following is known as demat accounts?
Explanation: Demat (Dematerialized) accounts hold securities like shares in an electronic format, eliminating physical certificates.
#70. The function of management that involves setting goals and determining the best way to achieve them is
Explanation: Planning is the management function specifically concerned with defining goals and devising strategies to accomplish them.
#71. After the trade has been executed, the broker issues a contract note to the investor within
Explanation: As per SEBI regulations, brokers must issue a contract note to the client by the end of the trading day (T+0), not in hours.
#72. What does the term ‘debt financing’ refer to?
Explanation: Debt financing involves raising capital by borrowing funds, which must be repaid with interest over time.
#73. Copyright protection is available for
Explanation: Copyright protects original works of authorship, which include both artistic and literary works.
#74. Which of the following is a key feature of money market?
Explanation: The money market is characterized by high liquidity, low risk, and short-term maturity periods; none of the listed options are correct.
#75. District Commission shall decide the admissibility of the complaint (under the Consumer Protection Act) within
Explanation: As per the Consumer Protection Act, 2019, the District Commission must decide on the admissibility of a complaint within 21 days.
#76. A distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise is known as
Explanation: A trademark is a recognizable sign, design, or expression that identifies products or services of a particular source.
#77. The application for registration of a small-scale unit should be submitted to the
Explanation: The application for SSI/MSME registration is typically submitted to the General Manager of the District Industries Centre (DIC).
#78. The actual or prospective purchaser of products or services is known as
Explanation: A customer is the individual or entity that purchases a product or service, whether they are the end-user (consumer) or not.
#79. Gross working capital refers to
Explanation: Gross working capital is simply the total value of a company’s current assets, not specifically tied to contingencies, commencement, or continuity.
#80. The process of grouping users into market segments based on the desirable consequences sought from the product is known as
Explanation: Benefit segmentation divides the market based on the specific benefits or outcomes customers seek from a product.
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