Business Administration Paper – 2010 Solved MCQs NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Set 1
Doorsteptutor material for CTET/Paper-1 is prepared by world's top subject experts: get questions, notes, tests, video lectures and more- for all subjects of CTET/Paper-1.
For complete answers and explanations visit DoorstepTutor.com
(1) You wish to borrow $ 8000 to be repaid in 24 monthly installments at an annual interest rate of 8% . What is your monthly payment?
a) $ 262.82
b) $ 361.82
c) $ 150.5
d) $ 325.00
e) none
Answer: (e)
(2) If you invest $ 600 every six months at 8% compounded semi annually, how much
would you accumulate at the end of 10 years?
a) $ 15,883.20
b) $ 16,926.82
c) $ 17,866.85
d) $ 18,233.45
e) None
Answer: (c)
(3) A commercial bank will loan you $ 12,250 for three years to buy a car. The loan must be repaid in 36 equal monthly payments. The annual interest rate on the loan Is 12% of the unpaid balance. How large are the monthly payments?
a) $ 425.00
b) $ 350.67
c) $ 375.09
d) $ 406.88
e) none
Answer: (e)
(4) What is the future value of $ 500 investment, with a stated rate of 6% compounded monthly for 7 years.
a) 700
b) 730
c) 760
d) 790
e) none
Answer: (c)
(5) You are considering investing in a preferred stock that has a dividend of $ 3.25 per
share. The market price of this stock is $ 48.625. What is the rate of return you
would expect to make on this perpetuity?
a) 6.68%
b) 6.24%
c) 6.05%
d) 6.28%
e) none
Answer: (a)
(6) What is not a disadvantage of traditional file processing system?
a) Program-data dependence
b) Reduce data redundancy
c) Limited data sharing
d) Lengthy development time
e) none
Answer: (b)
(7) An enterprise data model is a (n) ________ model.
a) numerical
b) mathematical
c) narrative
d) graphical
e) none
Answer: (d)
(8) Which is not a component of relational database?
a) Entity
b) Table
c) Attribute
d) Hierarchy
e) none
Answer: (d)
(9) Data base application can be divided into 5 categories. Which is NOT a database
application category?
a) Personal
b) Department
c) Enterprise
d) Relational
e) none
Answer: (d)