1. BUSINESS QUIZ FOR PGPSE PARTICIPANTS by : DR. T.K. JAIN AFTERSCHO ☺ OL centre for social entrepreneurship sivakamu veterinary hospital road bikaner 334001 rajasthan, india www.afterschoool.tk mobile : 91+9414430763

2. What is ERP? Enterprise Resource Planning

3. What is PLC?? Product life cycle

4. What is DAGMAR? DEFINING ADVERTISING GOALS AND MEASURING ADVERTISING RESULTS (AN APPROACH IN ADVERTISING – TO BE OBJECTIVE ORIENTED)

5. WHAT IS MBO? MANAGEMENT BY OBJECTIVE

6. WHAT IS GDP? GROSS DOMESTIC PRODUCT

7. WHAT IS DA? DEARNESS ALLOWANCES (IN ADDITION TO SALARY – IT IS PAID TO COMPENSATE FOR INFLATION)

8. WHAT IS GAAP? GENERALLY ACCEPTED ACCOUNTING POLICIES

9. WHAT IS HRP ?? HUMAN RESOURCE PLANNING

10. WHAT IS FDI? FOREIGN DIRECT INVESTMENT

11. WHAT IS FII? FOREIGN INSTITUTIONAL INVESTOR

12. WHAT IS M1? M1= CURRENCY WITH THE PUBLIC AND CURRENT DEPOSITS WITH BANK. IT IS A MEASURE OF MONEY IN CIRCULATION. (M1,M2,M3,M4 ARE ALL MEASURES OF MONEY IN CIRCULATION)

13. WHAT IS PERT? PROGRAMME EVALUATION AND REVIEW TECHNIQUE

14. WHAT IS CPM? CRITICAL PATH METHOD

15. WHAT IS EOQ?? ECONOMIC ORDER QUANTITY

16. WHAT IS NPA? NON-PERFORMING ASSET (WHEN DEBTORS DONT PAY TO THE BANK, THE PANK CLASSIFIES THAT LOAN AS AN NPA – AS LOANS ARE ASSETS FOR BANKS AND IF THEY ARE NOT REPAID, THEY ARE NOT PERFORMING)

17. WHAT IS AMFI? ASSOCIATION OF MUTUAL FUNDS IN INDIA

18. WHAT IS BV & NPV? BUSINESS VOLUME OR ALSO BOOK VALUE NPV= NET PRESENT VALUE

19. WHAT IS WINDOW DRESSING? PREPARING ACCOUNTS IN SUCH A WAY THAT THEY REVEAL SOMETHING DIFFERENT (MORE ROSY) FROM THE TRUE PICTURE AND IT IS AS PER LAW ALSO.

20. WHAT IS ZERO BASE BUDGETING? STARTING A BUDGET – NOT FROM THE PREVIOUS YEAR – BUT BASED ON ITS OWN MERITS AND REQUIREMENTS

21. WHAT IS BEP? BREAK EVEN POINT

22. WHAT IS EVA?? ECONOMIC VALUE ANALYSIS

23. WHAT IS GATT? GENERAL AGREEMENT ON TRADE AND TARIFF (NOT IT HAS BEEN REPLACED BY WTO IN 1995).

24. WHAT IS CONTRIBUTION IN BEP? SALES PRICE – VARIABLE COST (EXAMPLE : SELLING PRICE 10 PER UNIT, VARIABLE COST PER UNIT = 3, CONTRIBUTION IS 7 PER UNIT)

25. WHAT IS IFRS? INTERNATIONAL FINANCIAL REPORTING STANDARDS

26. WHAT IS ASB? ACCOUNTING STANDARDS BOARD

27. WHAT IS BEP POINT? NO PROFIT NO LOSS (BREAK EVEN POINT)

28. WHAT IS HRA? HUMAN RESOURCE ACCOUNTING ALSO HOUSE RENT ALLOWANCE

29. WHAT IS CFO? CASH FLOW FROM OPERATIONS

30. WHAT IS IRDA? INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY

31. WHAT IS OMO? OPEN MARKET OPERATIONS (BY CENTRAL BANK OF A COUNTRY TO REGULATE MONETARY CONDITIONS)

32. WHAT IS CRR AND SLR? CRR=CASH RESERVE RATIO SLR=STATUTORY LIQUIDITY RATIO

33. WHAT IS ECB & FCCB? ECB=EXTERNAL COMMERCIAL BORROWINGS FCCB=FOREIGN CURRENCY CONVERTIBLE BORROWINGS

34. WHAT IS FIPB? FOREIGN INVESTMENT PROMOTION BOARD

35. WHAT IS VDG & SHG & MFI? VILLAGE DEVELOPMENT GROUP SHG = SELF HELP GROUP MFI= MICRO FINANCE INSTITUTION

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