Objective Questions and Answers of MBA: Business Mathematics 1

Subject: Objective Questions and Answers of MBA: Business Mathematics 1

**Part 1: Objective questions and answers of Business Mathematics**

**Q1. A diagonal matrix in which all the diagonal elements are equal is a ______________.**

a) Scalar matrix.

b) Column matrix.

c) Unit matrix.

d) None of these.

**Q2. The lenders are also known as ______________**

a) Creditor's

b) Debtor's

c) Buyer's

d) None of the above.

**Q3. Banker's discount is given by the formula ______________.**

a) Anr/100.

b) Pnr/100.

c) Anr.

d) Pnr.

**Q4. The key row is selected when the column of zj-cj is finding the ratio which is ________.**

a) Maximum.

b) Minimum.

c) Largest positive.

d) Most negative.

**Q5. ______________ is the time consuming job (or) task that is a key subpart of the total project.**

a) Activity.

b) Event.

c) Node.

d) All the above.

**Q6. The critical path satisfy the condition that ______________**

a) Ej=lj and ej=lj

b) Lj-ej= lj- lj

c) Lj-ej= lj- lj=d(constant).

d) All the above.

**Q7. If a,b and c are matrices the associative property is ______________.**

a) (ab)c<a(bc).

b) (ab)c>a(bc).

c) (ab)c≠a(bc).

d) (ab)c=a(bc).

**Q8. Inverse of a matrix exists if and only if ______________.**

a) Determinant value exists.

b) Determinant value is zero.

c) Determinant value is one.

d) Determinant value is negative.

**Q9. Simple interest will be the income for ______________.**

a) Lender.

b) Borrower.

c) Both.

d) Neither lender nor borrower.

**Q10. Face value of a bill of exchange is given by the formula ______________.**

a) 100a/100+nr.

b) (b.dxt.d)/b.d-t.d).

c) (b.dxt.d)/b.d+t.d).

d) (b.d+t.d)/b.d-t.d).

**Q11. The two forms of lpp are ______________.**

a) Standard form and canonical form.

b) Standard form and general form.

c) Matrix form and canonical form.

d) Matrix form and standard form.

**Q12. In simplex method the lpp has unbounded solution if the variable in the key column is**

**______________.**

a) Maximum.

b) Minimum.

c) Positive.

d) Negative.

**Q13. Network models have advantage in terms of project ______________**

a) Planning

b) Scheduling.

c) Controlling.

d) All the above.

**Q14. Float or slack analysis is useful for ______________**

a) Projects behind the schedule only.

b) Projects ahead of the schedule only.

c) Both a & b.

d) None of the above.

**Q15. Network is the graphical display of a project that contains both _________________**

a) Activities and events.

b) Activities and dummy activities.

c) Both (a) & (b).

d) Neither (a) nor (b).

**Q16. Transportation problem is a special class of ______________.**

a) Lpp.

b) Assignment problem.

c) None of the two.

d) Both 1 and 2.

**Q17. The basic feasible solution to a transportation problem is said to be optimal if it __________.**

a) Maximizes or minimizes the transportation cost.

b) Maximizes the transportation cost.

c) Minimizes the transportation cost.

d) Has degenerate solution.

**Q18. In maximization case of transportation problem we convert into minimization by subtracting all the elements from the ______________.**

a) Zero.

b) One.

c) Highest element.

d) Lowest element.

**Q19. In transportation problem 'nwc' stands for ______________.**

a) North west corner

b) Net working capital

c) Naval weapons center

d) Nuclear weapons convention

**Q20. When the number of rows and the number of columns of a matrix are equal, the matrix is ______________.**

a) Square matrix.

b) Row matrix.

c) Column matrix.

d) None of these.

**Part 1: Objective questions and answers of Business Mathematics**

Q1. Answer a

Q2. Answer a

Q3. Answer a

Q4. Answer b

Q5. Answer a

Q6. Answer d

Q7. Answer d

Q8. Answer a

Q9. Answer a

Q10. Answer b

Q11. Answer a

Q12. Answer d

Q13. Answer d

Q14. Answer a

Q15. Answer a

Q16. Answer a

Q17. Answer c

Q18. Answer c

Q19. Answer a

Q20. Answer a

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