Question:

______________ are the principles of Business Ethics.

A.

Avoid exploitation of consumers

B.

Avoid unfair trade practices

C.

Unfair treatment to employees

D.

All of the above

Answer» d. All of the above

Question:

ESI Corporation is a-

A.

Partnership firm

B.

Limited Liability Partnership

C.

Body Corporate

D.

Hindu Undivided Family.

Answer» c. Body Corporate

Question:

Who will not be considered as an employee?

A.

Canteen workers

B.

Casual workers

C.

Partners

D.

Part time employee

Answer» c. Partners

Question:

The three C’s of business ethics are

A.

Commitment, Contribution and Consequences

B.

Compliance, Contribution and Consequences

C.

Compliance, Customs and Contribution

D.

Codes, Compliance and Contributions

Answer» b. Compliance, Contribution and Consequences

Question:

Moral management requires ethical

A.

producer

B.

leadership

C.

market

D.

customer

Answer» b. leadership

Question:

Contribution of the employer to employees’ pension scheme is-

A.

8.33%

B.

10%

C.

12%

D.

None of the above.

Answer» a. 8.33%

Question:

A company in which either of the Government has no paid-up share capital is calledas a _________________ company

A.

Non-Government

B.

Government

C.

Listed

D.

Non-listed

Answer» a. Non-Government

Question:

The maximum limit of bonus payable to an employee is fixed by way of percentage of salary or wages earned by the employee during the accounting year, the percentage is:

A.

10%

B.

15%

C.

20%

D.

25%

Answer» c. 20%

Question:

Rule 34 provides that where the Tribunal has made winding up order of a LLP, the liquidator shall submit a report containing which of the following particulars:

A.

Debts due to the LLP

B.

Guarantees given by the LLP

C.

Existing and contingent liabilities of the LLP

D.

All of the above

Answer» d. All of the above

Question:

Ethics are the set of moral principles that guide a person’s

A.

Behaviour

B.

Philosophy

C.

Religion

D.

Profession

Answer» a. Behaviour