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The MCQs below are drawn from the Business Administration subject category.
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91
In what year was Burma officially separated from British India?
Under the Government of India Act 1935, the British administration separated Burma from the Indian Empire. This change took effect on April 1, 1937, establishing Burma as a separate crown colony with its own distinct administrative and legislative framework.
92
On what date did the renowned British-American actress Elizabeth Taylor pass away in 2011?
Elizabeth Taylor, a legendary Hollywood actress known for her prolific career and humanitarian work, died on March 23, 2011, at the age of 79. She passed away at Cedars-Sinai Medical Center in Los Angeles due to congestive heart failure, marking the end of an iconic era in cinema history.
93
Where is the current headquarters of the International Cricket Council (ICC) located?
The International Cricket Council (ICC) is the global governing body for cricket. While it was originally founded as the Imperial Cricket Conference in London in 1909, the organization relocated its headquarters to Dubai, United Arab Emirates, in 2005. This move was intended to provide a more central location for its global operations and to take advantage of the region's growing importance as a hub for international sports administration and events.
94
Business partners Q, R, and S divide their annual profit in the ratio 2:5:8. If Q's share is Rs. 4,000, what is the total profit for the year?
Q's share represents 2 parts out of a total of 15 parts (2+5+8=15). If 2 parts equal Rs. 4,000, then 1 part equals Rs. 2,000. The total profit is 15 parts, so 15 * 2,000 = Rs. 30,000.
95
Ikram and Zahid form a business partnership. Ikram invests Rs. 4,000 for 8 months, while Zahid invests Rs. 6,000 for 4 months. If the total profit is Rs. 3,500, what is Ikram's share?
The profit is distributed based on the product of capital and time. Ikram's contribution is 4,000 * 8 = 32,000, and Zahid's is 6,000 * 4 = 24,000. The ratio is 32,000:24,000, which simplifies to 4:3. Ikram's share is 4/7 of the total profit of 3,500, which equals 2,000.
96
Shaista invested Rs. 60,000 to start a business, and Jameela joined her 4 months later with an investment of Rs. 40,000. If the total profit at the end of the year is Rs. 5,200, what is Jameela's share of the profit?
Shaista's investment was active for 12 months, while Jameela's was active for 8 months. The ratio of their effective capital is (60,000 * 12) : (40,000 * 8), which simplifies to 720,000 : 320,000, or 9:4. The total parts are 13. Jameela's share is 4/13 of the total profit of Rs. 5,200, which equals Rs. 1,600.
97
On what date did Iran's Supreme Leader, Ayatollah Ali Khamenei, prohibit direct negotiations following the Trump administration's withdrawal from the JCPOA?
Following the United States' unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA), tensions escalated significantly. On August 9, 2018, Supreme Leader Ayatollah Ali Khamenei publicly declared that Iran would not engage in direct talks with the United States, citing a lack of trust and the aggressive nature of the sanctions imposed by the Trump administration.
98
In which year was the first railway track in Pakistan laid down?
The development of the railway network in the Indian subcontinent began during the British colonial era. The first railway line in the region that is now Pakistan was established in the mid-19th century to facilitate transport and military logistics. This infrastructure project was a significant milestone in the modernization of the region's transportation system under British administration.
99
Who served as the inaugural Chief Minister of Punjab following the independence of Pakistan in 1947?
Nawab Iftikhar Hussain Khan Mamdot was a prominent Muslim League leader who became the first Chief Minister of the Punjab province in Pakistan after the partition in August 1947. He served in this capacity until November 1948, navigating the immense challenges of the post-independence period, including the rehabilitation of refugees and the establishment of provincial administration.
100
Which international organization is responsible for publishing the annual index that ranks countries based on perceived levels of public sector corruption?
Transparency International is a global non-governmental organization that publishes the Corruption Perceptions Index (CPI). This index ranks countries and territories based on how corrupt their public sector is perceived to be by experts and business people.
