Question:

The crucial step in understanding business ethics is

A.

Establishing codes of ethics

B.

Learning to recognize ethical issues

C.

Having efficient operations

D.

Implementing strategic plan

Answer» b. Learning to recognize ethical issues

Question:

Withdrawal from PF may be allowed for –

A.

Marriage of the employer

B.

Post matriculation education of children

C.

For the purchase of a dwelling place

D.

For illness in certain cases.

Answer» c. For the purchase of a dwelling place

Question:

Holders of public office should take decision solely in terms of the public interest. This principle of public life is called

A.

Integrity

B.

Accountability

C.

Honesty

D.

Selflessness

Answer» d. Selflessness

Question:

A person who is employed by the seller to raise the price by fictitious bids. Suchperson is known as

A.

Puffer

B.

By bidder

C.

Decoy Ducks

D.

All of the above

Answer» d. All of the above

Question:

A party who does not suffer any loss in case of breach of contract is entitled to

A.

Statutory damages

B.

Liquidated damages

C.

Exemplary damages

D.

Nominal damages

Answer» d. Nominal damages

Question:

Under Employee‘s State Insurance Act, in order to qualify for sickness benefit, theinsured worker is required to contribute for

A.

70 days in a contribution period of 6 months.

B.

78 days in a contribution period of 3 months.

C.

91 days in a contribution period of 3 months.

D.

78 days in a contribution period of 6 months.

Answer» d. 78 days in a contribution period of 6 months.

Question:

Business Ethics also called as Corporate Ethics is a form of

A.

Positive Ethics

B.

Applied Ethics

C.

Physical Ethics

D.

Practical Ethics

Answer» b. Applied Ethics

Question:

Application for Director Identification Number (DIN) is to be made to Central Govt. inForm

A.

DIN-1

B.

DIN-2

C.

DIN-3

D.

None of the above

Answer» a. DIN-1

Question:

The supervisory board under the German Model is known as

A.

Aufsichtsrat

B.

Kiertsu

C.

Vorstand

D.

Kyosei

Answer» a. Aufsichtsrat

Question:

Permanent disablement benefit is paid at the rate of ______________ of wages.

A.

120%

B.

100%

C.

79%

D.

90%

Answer» d. 90%