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Business Data Management Quiz 2: 6 August 2023 (May 2023 term)

Question 1

+2 marksNumerical answer

The total cost is Rs. 5000 and the quantity produced is 100 units. What is the average variable cost per unit if the fixed cost is Rs. 2,000? Round off to nearest whole number

Question 2

+2 marksNumerical answer

A small company has current assets of Rs. 200,000, inventories of Rs. 50,000, and current liabilities of Rs. 100,000. What is the quick ratio? Round off to 2 decimal places

Question 3

+2 marksNumerical answer

A consumer consumes three units of a good. The marginal utility obtained from the first unit is 10, and the marginal utility decreases by 2 with each unit consumed. What is the total utility? Round off to nearest whole number

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More on the BDM Quiz 2 6 Aug 2023 paper

The IIT Madras BS Business Data Management (BDM) Quiz 2 paper sat on 6 Aug 2023, in the May 2023 term: 10 questions for 17 marks in 120 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.

FeatureBDM Quiz 2 6 Aug 2023 at a glance
TermMay 2023 term
SubjectBusiness Data Management
Course codeBSMS2001
Questions10
Marks17
Duration120 min
Numerical7
MCQ3
Official paperIIT M DIPLOMA AN2 EXAM QPD2 06 Aug 2023
Negative markingNo negative marking.
Updated

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