CUET-UG SERIES Entrepreneurship
Business And Economy
8 previous year questions.
Volume: 8 Ques
Yield: Medium
High-Yield Trend
8
2023 Chapter Questions 8 MCQs
01
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
A Business is said to have reached the stage by Break Even Point when :
1
Net Revenue - Net Expenses
2
Gross Revenue = Sales revenue
3
Selling price per unit - Fixed cost per unit
4
Total Revenue = Total Expense
02
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
From the given diagram of cash conversion cycle for trading business, find out missing one.
1
Finished Goods
2
Work in progress
3
Sales
4
Raw material stocks
03
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Identify the advantage of penetration pricing to the firm:
1
Simplest method to decide the price for a product
2
Helps in recovering the research and development costs
3
Promotes the entry for competitors
4
Result in fast diffusion and adoption
04
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
A+B=A.
Where, A=Company A
B=Company B
and company B is merged into company A. Identify the type of merger in the above case.
Where, A=Company A
B=Company B
and company B is merged into company A. Identify the type of merger in the above case.
1
Amalgamation
2
Absorption
3
Consolidation
4
Acquisition
05
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Following list provides the advantage of franchise business to franchisee. Find the odd one out?
1
Trained by Franchisor
2
Get freedom to run business on their own terms
3
Product acceptance due to established brand name
4
Cost saving as advertising expenses are shared
06
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Suggest the correct sequence to seek assistance from venture capital in the company's development:
(A) Pre-public stage
(B) Second round financing
(C) Seed stage
(D) Start-up finance
Choose the correct answer from the options given below:
(A) Pre-public stage
(B) Second round financing
(C) Seed stage
(D) Start-up finance
Choose the correct answer from the options given below:
1
(C), (D), (A), (B)
2
(C), (B), (D), (A)
3
(C), (D), (B), (A)
4
(C), (A), (B), (D)
07
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Suggest the factor which will not be considered while planning the product mix for a business organization.
1
What does the customer want from the product?
2
How is it differentiated from the competitors ?
3
What will be the price of the product?
4
How and where will the customer use it?
08
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Partnership is a relationship between persons who have agreed to share profits of a business.
(A) Carried on by all
(B)Any of them acting for all
(C) Carried on by a partner only
(D) Carried on by all partners all the time
(E) Carried on by the nominated partner
Choose the correct answer from the options given below:
(A) Carried on by all
(B)Any of them acting for all
(C) Carried on by a partner only
(D) Carried on by all partners all the time
(E) Carried on by the nominated partner
Choose the correct answer from the options given below:
1
(A) and (B) only
2
(A), (B) and (E) only
3
(A) only
4
(B), (C) and (D) only
About Business And Economy - CUET-UG
Business And Economy is a vital chapter for CUET-UG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
Why focus on Business And Economy PYQs?
Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.
How to best use this analysis?
Review the topic breakdown to see which sub-topics within Business And Economy carry the most weight. Then, tackle the questions iteratively to solidify your understanding.