Foreign Exchange Regulation Act was replaced with The Foreign Exchange Management Act in the year.

A. 1973
B. 1994
C. 1999
D. 1995
✅ The correct answer is option A.
Foreign Exchange Regulation Act was replaced with The Foreign Exchange Management Act in the year 1973 and it came in force from January 1, 1974. It was amended by the Foreign Exchange Regulation (Amendment) Act 1993 and later in 2000, was replaced by FEMA.

Which of the following statement is True(T) or False(F) are given below. 1. While writing business letters one should directly focus on the message to be told. 2. Use old fashioned stuffy phrases and long sentences.

A. TT
B. TF
C. FF
D. FT
✅ The correct answer is option B.
1. While writing business letters one should directly focus on the message to be told.

2. Use old fashioned stuffy phrases and long sentences should be avoided.

1162. ________ markets are made up of members of the distribution chain.

A. Consumer
B. Business-to-business (industrial)
C. Channel
D. Institutional
✅ The correct answer is option C.
Channel markets are made up of members of the distribution chain. Channel marketing is what facilitates the movement of products from the manufacturer to the consumer. Also referred to as intermediaries, channel partners ensure that the products reach their intended audience. Such business partnerships help to reduce the cost of delivery and improve efficiency.

83. Which type of organization gives importance to people and their relationships

A. formal organization
B. informal organization
C. business organization
D. strategic organization
✅ The correct answer is option C.
Business organization gives importance to people and their relationships. A business organization is an entity aimed at carrying on commercial enterprise by providing goods or services, to meet needs of the customers.

Which of the following statement is True(T) or False(F) are given below. 1. When we read a novel a comic strip a magazine it is extensive reading 2. When we read an article in order to write a review an it you read it intensively

A. TT
B. FF
C. TF
D. FT
✅ The correct answer is option A.
When we read a novel a comic strip a magazine it is extensive reading and When we read an article in order to write a review an it you read it intensively. Both the sentence are true.

1191. Situation analysis allows the organization to examine:

A. external factors only
B. internal factors only
C. the organization’s top management only
D. both external and internal factors
✅ The correct answer is option D.
Situation analysis allows the organization to examine both external and internal factors. Situation analysis is defined as an analysis of the internal and external factors of a business. It clearly identifies a business’s capabilities, customers, potential customers and business environment, and their impact on the company.

Mortgages used to purchase shopping malls and office buildings are classified as

A. developed mortgages
B. dwelling mortgages
C. commercial mortgages
D. non-commercial mortgages
✅ The correct answer is option C.
Mortgages used to purchase shopping malls and office buildings are classified as commercial mortgages. A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.

1185. ________________ is obsessive use of a computer or unauthorized access and use of computer systems.

A. Hacking
B. Computer Crime
C. Trojan Horse
D. Packet Sniffer
✅ The correct answer is option A.
Hacking is obsessive use of a computer or unauthorized access and use of computer systems. Hacking means using computers to commit fraudulent acts such as fraud, privacy invasion, stealing corporate/personal data, etc.