100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS

100 MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO ORGANISATION AND PROFIT Which of the following is a primary function of an entrepreneur in an organization? a) Resource allocation b) Employee motivation c) Legal compliance d) Financial auditing Answer: a) Resource allocation Profit is best defined as: a) Total revenue minus total cost b) Total revenue divided …

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100 MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAW OF ARBITRATION AND CONCILIATION Which of the following is a primary objective of the Arbitration and Conciliation Act? A) Mandating litigation over arbitration B) Encouraging alternative dispute resolution C) Discouraging settlements D) None of the above Answer: B) Encouraging alternative dispute resolution Who can appoint an arbitrator …

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100 MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO INDIAN LEGAL SYSTEM Which of the following is the supreme law of India? A) Indian Penal Code B) Constitution of India C) Code of Criminal Procedure D) Indian Evidence Act Answer: B) Constitution of India The Indian legal system is primarily based on which legal system? A) Roman …

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100 MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO CAPITAL AND INTEREST What is the definition of capital? A) Money used for investment B) The profit earned from an investment C) The total assets owned by a company D) The interest accrued on an investment Answer: A) Money used for investment Which of the following is NOT …

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100 MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO LAWS OF CONTRACT Which of the following is essential for a valid contract? A) Offer and acceptance B) Consideration C) Legal capacity D) All of the above Answer: D) All of the above An offer must be communicated to: A) A specific person B) A group of people …

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100 MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO QUANTITY SURVEYING AND VALUATION What is the primary role of a quantity surveyor? a) Cost estimation and budgeting b) Quality control and assurance c) Project scheduling and planning d) Risk management and mitigation Answer: a) Cost estimation and budgeting Which of the following is NOT a typical responsibility …

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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO INDIA CONSTITUTIONAL LAW   Which article of the Indian Constitution guarantees the right to equality? a) Article 14 b) Article 19 c) Article 21 d) Article 32 Answer: a) Article 14 Who has the power to initiate the process of impeachment of the President of India? …

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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 Which Act governs the Employees’ Provident Funds (EPF) in India? a) Employees’ State Insurance Act, 1948 b) Payment of Gratuity Act, 1972 c) Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 d) Minimum Wages Act, 1948 Answer: …

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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO BOOK-KEEPING AND ACCOUNTANCY Which of the following is not a primary function of bookkeeping? a) Recording financial transactions b) Preparing financial statements c) Analyzing financial data d) Budgeting and forecasting Answer: d) Budgeting and forecasting Which of the following is an example of a current liability? …

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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO ADMINISTRATIVE LAW Which of the following is not a source of Indian Administrative Law? a) Legislation b) Case law c) Custom d) Parliamentary debates Answer: d) Parliamentary debatesAdministrative law primarily deals with the relationship between: a) The government and the judiciary b) The government and the …

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100 IMPORTANT MULTIPLE CHOICE QUESTIONS WITH ANSWERS RELATED TO THEORY OF MACHINES   The branch of engineering that deals with the study of relative motion between various parts of a machine and the forces acting on them is called: a) Kinematics b) Dynamics c) Mechanism d) Theory of Machines Answer: d) Theory of Machines The …

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