Prelim: Mind Marathon
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Savita Gupta
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Simran and Aman applied for a loan at Punjab Bank. The bank approved Simran's loan against her gold but rejected Aman's loan application for which loan she has applied for she has applied for?
Gold
Lottery tickets
LIC policy
NSC
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rajveer runs a business in Ludhiana. To ensure smooth operations, he focuses on the efficient movement of goods from suppliers to customers. What is this process called?
Production
Flow of goods
Consumption
Marketing channel
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mehak is preparing a security plan for her college's IT system. Before implementing security measures, she needs to identify potential risks. What is the first step in a security plan?
Security policy
Risk assessment
Implementation plan
Security organization
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Arjun noticed that when the price of tea increased, more people in his town started buying coffee instead. Also, as the population of his area grew, demand for milk increased. What causes a shift in demand?
Change in price of related goods
Population increase
Change in consumer income
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jasleen's bank account was hacked, and her personal information was compromised. However, her friend Harpreet lost important documents due to a storm. Which of the following is not a physical threat?
Hacking
Phishing
Storm
None of these
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Karan runs a mobile phone company. He introduces a re-marketing campaign to encourage people to buy refurbished phones. Re-marketing is related to creating demand for:
Renewed use of a product
Non-usable products
Low-quality products
Fresh products
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In her accounting class, Ms Gurleen learned that contingent liabilities must be disclosed in the balance sheet. Which accounting convention requires this?
Disclosure
Materiality
Consistency
None of these
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