Business Environment MCQs : This section focuses on the "Business Environment". These Multiple Choice Questions (MCQs) should be practiced to improve the Business Environment skills required for various interviews (campus interview, walk-in interview, company interview), placement, entrance exam and other competitive examinations.
Question 1
NDP is ____
A. Net Domestic Product.
B. Net Domestic Percentage.
C. Net Domestic Personnel.
D. Net Domestic Public.
Question 2
____ is a statement Which derives the role that an organization plays in a society.
A. Goals.
B. Mission.
C. Objective.
D. Success.
Question 3
Policy regarding population is termed/called as
A. Indian Population policy
B. National population policy
C. Demographic population policy.
D. Population policy.
Question 4
________environment refers to all economic factors which have a bearing on thefunctioning of a business
A. Economic
B. Technological
C. Natural
D. Social
Question 5
Which is not the part of compositional characteristics of population?
A. Size and growth
B. Power
C. Density
D. Literacy rate
Question 6
Macro environment is also called as _______
A. general environment.
B. operating environment.
C. economic environment.
D. political environment.
Question 7
___________ is a short-term unsecured promissory note issued by reputed businessorganisations at a price lower than its face value and redeemable at par.
A. Treasury bill
B. Commercial paper
C. Certificate of deposit
D. Promissory note
Question 8
As per Malthu’s theory growth of population is increase
A. Geometrically
B. Arithmetically
C. Progressively.
D. Drastically
Question 9
The first MNC came to India in ___
A. 1920
B. 1921
C. 1919
D. 1923
Question 10
Which one of the following is a money market instrument?
A. Unit of mutual fund
B. Debenture
C. Bond
D. Treasury bill
Question 11
In which year socialism the tools production are not managed by government?
A. 1952
B. 1950
C. 1951
D. 1953
Question 12
The first MNC came to India in _______
A. 1920
B. 1921
C. 1919
D. 1923
Question 13
Multinational corporations is also referred to ____
A. Multinational collaboration
B. Multinational entity
C. Transnational corporation
D. Multinational development
Question 14
IMF stands
A. International money force
B. International monetary fund
C. Indian money fund
D. International multinational foreign
Question 15
________ signifies the absence of any arbitrary restraint on the freedom of individualaction and creations for the development of personality of The individual.
A. Fraternity
B. Liberty
C. Secularism
D. Socialism
Question 16
_______plays the watch dog in order to ensure that both function in public interest andwithin the boundaries of constitution
A. Legislature
B. Executive
C. Judiciary
D. Public
Question 17
Corporate values are the _______ of the corporate sector.
A. shared values.
B. moral beliefs.
C. customer satisfaction.
D. goodwill.
Question 18
_____________ audit implies a report on the social performance of business unit.
A. Global
B. Local
C. Natural
D. Social
Question 19
Identification of companies technological assets that may provide ___________ in newbusinesses
A. Opportunities
B. Development
C. Failure
D. Authority
Question 20
What was the period of the 12th five-year plan of India?
A. 2007 to 2012
B. 2012 to 2017
C. 2017 to 2022
D. 2010 to 2015
Question 21
One Reserve Bank of India introduced certificates of deposit in ____
A. 1964
B. 1989
C. 1986
D. 1990
Question 22
The objectives of import duty is/are
A. To raise income for the government.
B. To restrict imports.
C. To encourage exports.
D. To raise income and restrict imports.
Question 23
FERA is foreign exchange regulation act for __
A. Industries
B. Small scale
C. Labor
D. Owner
Question 24
________ is a source of financing to meet very short-term fund requirements ofcommercial banks with a provision of renewal.
A. Treasury Bill
B. Commercial Paper
C. Certificate of Deposit
D. Call Money
Question 25
What does micro environment consists of ___
A. Economic
B. Political &legal
C. Consumers competitors
D. Demographic
Question 26
Globalisation is the term used to describe process of removal of restriction on
A. Investment
B. Foreign Trade
C. Both (A) and (B)
D. None of the above
Question 27
Multinational corporations is also referred to ____________
A. multinational collaboration.
B. multinational entity.
C. transnational corporation.
D. multinational development.
Question 28
Economic growth can be measured by ___________
A. the CPI.
B. the CBI.
C. GDP.
D. MPC.
Question 29
A systematic application of scientific knowledge to practical task is known as________
A. technology.
B. culture.
C. demograpic.
D. legal.
Question 30
Industrial policy was set up in the year __
A. 1955
B. 1956
C. 1957
D. 1958
Question 31
WTO aims at:
A. Establishing rules for domestic trade
B. Restricting trade practices
C. Liberalising international trade
D. None of these
Question 32
The short term financial instruments traded in money market is commonly called
A. Bonds
B. Shares
C. Notes
D. Commercial Papers
Question 33
The second five year plan was given during 1956 regarding _
A. Legal planning
B. Soviet planning
C. Government planning
D. Agricultural planning
Question 34
The environment analysis that provides inputs for strategies decision making is _
A. Strategic management
B. Environmental analysis
C. Business environment
D. Business analysis
Question 35
The micro environment consists ______
A. Technological Environment.
B. Political Environment.
C. Economic Environment.
D. Public, middlemen, consumers & competitors.
Question 36
________ is a statement which derives the role that an organization plays in a society
A. Goals
B. Mission
C. Objective
D. Success
Question 37
Gdp is _
A. Gross domestic product
B. Gross domestic percentage
C. Gross domestic personnel
D. Gross domestic public
Question 38
_______is the primary motive for a business enterprise
A. Profit
B. Maximize customers
C. Human objective
D. Maximize suppliers
Question 39
The Constitution declares India to be a sovereign, socialist, secular, democratic republic, assuring its citizens of justice, equality, and liberty, and endeavours to promote fraternity among them. The words "socialist" and "secular" were added to the definition in year:
A. 1956
B. 1976
C. 1970
D. 1952
Question 40
External factors affecting a business environment also be referred to ___factors.
A. controllable.
B. uncontrollable.
C. relevant.
D. global
Question 41
National stock exchange was set up a joint stock company by all indian financial institutionand banks on November 27 ____
A. 1991
B. 1992
C. 1993
D. 1994
Question 42
________is also called government which implements whatever is decided by theparliament
A. Legislature
B. Executive
C. Judiciary
D. Public
Question 43
___________ is the integration of world economy into a single market through removalof trade barriers between countries.
A. Privatisation
B. Liberalisation
C. Globalisation
D. Both (a) and (b)
Question 44
______environment is with in the control of the business.
A. Internal.
B. External.
C. Micro.
D. Macro.
Question 45
Which one of the following is not a function of financial market?
A. Mobilisation of savings
B. Price determination of securities
C. Floating of companies
D. Lowering transaction cost
Question 46
Technological environment consist of
A. Proves cause and effect relationship
B. Creation of Knowledge and its application
C. Finding facts and maintenance
D. Management of technology
Question 47
Liberalization means
A. Free determination of interest rates
B. Liberating the industry, trade and economy from unwanted restrictions
C. Opening up of economy to the world by attaining international competitiveness
D. Reducing number of reserved industries from 17 to 8
Question 48
what is the nature of business environment?
A. Aggression.
B. Relative.
C. Uncertain.
D. Aggression, Relative and Uncertain.
Question 49
The sixth plan mentions 17 criteria for determining the prevalence of ____
A. poor.
B. academician.
C. backwardness.
D. business.
Question 50
Which of the following is not an economic activity
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Question 51
________ identifies the early signals of possible environment changes
A. Scanning
B. Monitoring
C. Forecasting
D. Assessing
Question 52
A valid definition of a business purpose is to _______
A. create a customer.
B. maximize profits.
C. serve the society.
D. increase the wealth in the firm.
Question 53
Under ____ economic system, all the economic activities of the country are controlledand regulated by the government in the interest of the Public
A. Capitalism
B. Socialism
C. Democratic
D. Republic
Question 54
The following statement with respect to culture is false.
A. Culture is enduring.
B. Culture is changing.
C. Culture is evolved among the members of a society.
D. Culture is determined by national boundaries.
Question 55
Which one of the following is a part of economic environment?
A. Public debt
B. Lifestyle of people
C. Technological changes
D. Level of education
Question 56
________should facilitate & enhance strategies thinking in organization
A. Strategic management
B. Environmental analysis
C. Business environment
D. Business analysis
Question 57
The legal system in India is based on ______
A. Common law.
B. Civil law.
C. Theocratic law.
D. Hindu law.
Question 58
Self fulfillment and immediate gratification are ____________ cultural values
A. Decreases
B. Rises
C. Diminishes
D. Corporate
Question 59
The techniques of privatization are contract _______and concession.
A. building.
B. free .
C. leases .
D. hire purchase.
Question 60
The focus on increasing profitability and profit growth by reaping the cost reduction thatcome from economies of scale is ________
A. global standardization strategy.
B. localization strategy.
C. transnational strategy
D. international strategy.
Question 61
Business includes _____
A. non-economic activities.
B. economic activities.
C. social activities.
D. production activities.
Question 62
___________ occupies the central place in business.
A. People.
B. Raw material.
C. Labour.
D. Finished goods.
Question 63
GNP stands for_____________________
A. Gross National Product
B. Gross negative product
C. Gross negotiable product
D. None of the above
Question 64
____________ environment is very significantly influenced by the world tradeorganization principles and agreements.
A. Economic
B. Global
C. Legal
D. Political
Question 65
The total accumulated value of foreign- owned assets at a given period of time is __
A. flow of FDI
B. stock of FDI
C. inflow of FDI
D. outflow of FDI
Question 66
FERA is foreign exchange regulation act for _________
A. industries .
B. small scale .
C. labour.
D. owner.
Question 67
Which one is not the main objective of Fiscal Policy in India?
A. To promote employment opportunities
B. To minimize the inequalities of income and wealth
C. To promote price stability
D. To increase liquidity in economy
Question 68
For the society, religion has no influence on.
A. Holidays
B. Language
C. Role of women
D. Marketing Practices
Question 69
The economic system in which both public and private sectors co exist is known as___economy.
A. capitalism.
B. socialism.
C. democratic.
D. republic.
Question 70
The _____ socialism seems to fall between capitalism and communism ____
A. increased.
B. decreased.
C. lowlevel.
D. medium.
Question 71
In india liberalization and privatization began from__
A. 1991
B. 1971
C. 1981
D. 1947
Question 72
____refers to the system of moral principles and rules of conduct applied to business.
A. Business culture.
B. Business ethics.
C. Business.
D. Society.
Question 73
The origin of Common law is in _____
A. America.
B. England.
C. Russia.
D. India.
Question 74
Macro environment consist of ______?
A. public.
B. political & legal.
C. suppliers.
D. customers.
Question 75
Which of the following is not an essential feature of social environment?
A. Competitiveness
B. Respect for the individual
C. Better quality of life
D. Bailment
Question 76
Secondary market is in the form of
A. Stock exchange.
B. Money market.
C. New issue market.
D. Commercial exchange.
Question 77
The World Bank is a recognized member of
A. United Nations Development Council
B. United Nations Development Group
C. United Nations Security Council
D. United Nations General Assembly
Question 78
“Gujarat is dry state” - what can we conclude from statement.
A. Taboo
B. Social stratification
C. Taste and preference
D. None of the Above
Question 79
Competition is beneficial to the competing firms besides benefiting the ______?
A. producers.
B. intermediaries.
C. finances.
D. consumers.
Question 80
World Bank has cleared a loan to aid which Indian mission?
A. Start up India
B. Stand up India
C. Skill India
D. None of the above
Question 81
___________ is a systematic application of scientific or other organized knowledge topractical task.
A. Technology
B. Society
C. Demography
D. Responsibility
Question 82
Capitalism stresses the philosophy of individualism believing in private Ownership comesunder ____
A. legal planning.
B. soviet planning.
C. government planning.
D. agricultural planning.
Question 83
Strata means....
A. Group of same kind of people
B. Group of different kind of people
C. Both
D. Cant say
Question 84
Which condition population remain stableI. High birthrate and high death rate II. Low birthrate and high death rate III. High birthrate and low death rate IV. Low birthrate and low death rate
A. I & III
B. I & IV
C. II & III
D. All of the above
Question 85
Business includes ___
A. Non-economic activities
B. Economic activities
C. Social activities
D. Production activities
Question 86
In capitalism ____ losses assumed by the customers.
A. economics.
B. technological.
C. natural.
D. social.
Question 87
What was the predecessor of WTO?
A. GAAT
B. IMF
C. ADB
D. UNCTAD
Question 88
Fiscal policy refers to the policy of government regarding taxation, public expenditureand___
A. Public debt
B. Budgets
C. Policies
D. Deposits
Question 89
External factors affecting a business environment also be referred to ____factors
A. Controllable
B. Uncontrollable factors
C. Relevant
D. Global
Question 90
SEBI is a regulator of
A. Capital market.
B. Money market.
C. Commodity market.
D. Overseas market.
Question 91
The economic system in which business units or factors of production are privatelyowned and governed is called as _____
A. Capitalism
B. Socialism
C. Democratic
D. Republic
Question 92
The environment which is close to business and affect its capacity to work is known as___environment.
A. internal.
B. external.
C. micro.
D. macro.
Question 93
A valid definition of a business purpose is to __
A. Create a customer
B. Maximize profits
C. Serve the society
D. Increase the wealth in the firm
Question 94
__________ environment sets the basis for developmental activity of the business system.
A. Financial environment
B. Technology environment
C. Global environment
D. Macro environment
Question 95
____________ is the market which helps existing investors to sell their securities.
A. Primary market
B. Secondary market
C. Capital market
D. Commodity market
Question 96
________is the business through which new ideas and innovations are given a sharp and areconverted into useful products and services .
A. Market Leadership.
B. Challenge.
C. Joy of Creation.
D. Growth.
Question 97
Porter s model represents the relationship between _______
A. organizational and environment.
B. society and environment.
C. organization and society.
D. society and industry.
Question 98
Competition is beneficial to the competing firms besides benefiting the ___
A. Producers
B. Intermediaries
C. Finances
D. Consumers
Question 99
Goals realization continuously will lead to _______
A. mission fulfillment.
B. maximize customers.
C. high revenue.
D. maximize suppliers.
Question 100
A mixed economy is necessarily a _____
A. controlled.
B. planned.
C. organised.
D. planned, organised and controlled.
Question 101
India is good example for ________economy.
A. socialist.
B. mixed .
C. capitalist.
D. communist.
Question 102
Secularism is understood to mean according equal encouragement to all ________
A. Country
B. Ethics
C. Values
D. Religion
Question 103
Self fulfillment and immediate gratification are_____cultural values.
A. decreases.
B. rises.
C. diminishes.
D. corporte.
Question 104
Culture spreads from one place to anther and such transmission is called as ________
A. difference.
B. reputation.
C. adoption.
D. heritage.
Question 105
Macro environment is also known as ____
A. Direct environment
B. Indirect environment
C. Competitive environment
D. Social environment
Question 106
The era of deregulation liberalization begin in _
A. 1950 - 51
B. 1980-81
C. 1991-92
D. 1960-61
Question 107
In some circles a multinational corporations is referred to ____________
A. Multinational collaboration
B. Multinational entity
C. Multinational enterprises
D. Multinational development
Question 108
Macro environment is also known as _________?
A. direct environment .
B. indirect environment.
C. competitive environment.
D. social environment.
Question 109
Study of human population is called as _______ environment
A. Political
B. Social
C. Demographic
D. Economic
Question 110
_______ technology having less chance of Error.
A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say
Question 111
_______ state can have an elected or hereditary head.
A. Democratic.
B. Autocratic.
C. Socialized.
D. Republic.
Question 112
Goals of World bank includes
A. Promotion of foreign investment
B. Promotion of international trade
C. Facilitation of capital investment
D. All of the Above
Question 113
The ________ of the government covers all those principles ,policies,rules and proceduresand control the industrial enterprise of the economy.
A. Industrial
B. Fiscal
C. Monetary
D. Macro
Question 114
The following statement with respect to culture is false
A. Culture is enduring
B. Culture is changing
C. Culture is evolved among the members of a society
D. Culture is determined by national boundaries
Question 115
There are _____sins of privatization.
A. 5
B. 6
C. 7
D. 8
Question 116
India is good example for ________economy
A. Socialist
B. Mixed
C. Capitalist
D. Communist
Question 117
In communism the state determines one s employer and employment ____
A. socialism.
B. economics.
C. communism.
D. capitalism.
Question 118
____________ is the institution which provides a platform for trading of existingsecurities having long-term maturity.
A. SEBI
B. WTO
C. Stock exchange
D. RBI
Question 119
The following factors are key drivers of globalisation
A. Government action, exchange rates, competition and sociodemographic factors.
B. Market convergence, competition, exchange rates and cost advantages.
C. Cost advantages, government action, economic cycles and competition.
D. Market, cost, competition and government policies.
Question 120
The taking over of a private firm by the host country government to be run it as a governmentunit is ______
A. expropriation.
B. confiscation.
C. nationalisation.
D. domestication
Question 121
By which act does the government check restrictive trade?
A. MRTP Act
B. FEMA act
C. Industrial Policy Act 1991
D. None of these
Question 122
World Bank' was founded in
A. October, 1948
B. April, 1949
C. July, 1944
D. May, 1945
Question 123
_______ are a primary mechanism for motivating business activities
A. Social relationship
B. Profit
C. Customers
D. Assets
Question 124
Study of human population is called as _____ environment.
A. political.
B. social.
C. demographic.
D. economic
Question 125
________environment refers to all economic factors which have a bearing on the functioningof a business.
A. Economic.
B. Technological.
C. Natural.
D. Social.
Question 126
Corporate values are the _______ of the corporate sector
A. Shared values
B. Moral beliefs
C. Customer satisfaction
D. Goodwill
Question 127
Culture spreads from one place to another and such transmission is called as____
A. Difference
B. Reputation
C. Adoption
D. Heritage
Question 128
________is the process of analyzing the environment for the identification of factors which haveimpact on or have implication for the business.
A. Assessment
B. Forecasting
C. Scanning
D. None of these
Question 129
Which is not the member of World bank Group
A. International monetory fund
B. International finance corporation
C. International development Association
D. International bank for development and reconstruction
Question 130
Which of the following modern business is dynamic
A. Mass production
B. Mass marketing
C. Mass sales
D. Mass purchase
Question 131
________ change is a potent fame the reconfiguration of industrial boundaries
A. Technological
B. Economical
C. Organizational
D. Environmental
Question 132
The European Union is an example of ______
A. monetary union.
B. free trade area.
C. common market.
D. economic union.
Question 133
Which of the following is not a business opportunity generated by Globalisation ?
A. Access to low cost labour
B. Cheap International Transport
C. Currency Crisis
D. Less stringent regulations of the Business Environment
Question 134
An attitude composed of effect____
A. flextime.
B. cognition.
C. relationship.
D. culture.
Question 135
Business are raising/generate fund through
A. Capital market
B. Money market
C. Both
D. None of the above
Question 136
The goods and the services produced, priced and distributed by the government is ___
A. Market economy.
B. Secular economy.
C. Command economy.
D. Mixed economy.
Question 137
What is the main occupation of Kshatriyas?
A. engage in cleaning.
B. engaged in trade.
C. engaged in army work.
D. none of the above
Question 138
One concept of culture determines the ____________ of people
A. Experience
B. Ethos
C. Education
D. Wealth
Question 139
Factors that create opportunities and threats to business units is known as_______
A. internal environment.
B. external environment.
C. micro environment.
D. macro environment.
Question 140
Which plan gives priority for family planning?
A. State Policy.
B. Judicial Policy.
C. Industrial
D. Energy
Question 141
MRTP act was set up in the year _______
A. 1950
B. 1951
C. 1952
D. 1953
Question 142
Characteristic of population: calculation of sex ratio (Gender) means
A. Number of females per thousand male
B. Number of males per hundred female
C. Number of females per hundred male
D. Number of females per thousand male
Question 143
What are the bodies which political environment consists of
A. Middlemen
B. Suppliers
C. Customer
D. Legislature executive & judiciary
Question 144
The income level of residents in a country is indicated by _______
A. gross national income.
B. gross domestic product.
C. per capita gross national income.
D. per capita gross domestic product.
Question 145
_____ micro environment is also known as direct environment
A. Economic
B. Political & legal
C. Competitors
D. Suppliers
Question 146
Governments policy towards industries is called as ____
A. Economic policy
B. Industrial policy
C. Monetary policy
D. Work policy
Question 147
________ is the process of analyzing the environment for the identification of the factorswhich have implication for the business.
A. Scanning
B. Assessment
C. Evaluation
D. Information
Question 148
The legal system in India is based on
A. Common law.
B. Civil law.
C. Theocratic law.
D. Hindu law.
Question 149
_________ decides on a particular course of action
A. Legislature
B. Executive
C. Judiciary
D. Public
Question 150
One concept of culture determines the ___ of people.
A. experience.
B. ethics.
C. education.
D. wealth.
Question 151
What are the elements of business environment?
A. Micro Environment.
B. Macro Environment.
C. Complex Environment.
D. Steeple factor
Question 152
Who is responsible for presenting the Union Budget before the Parliament?
A. Prime Minister
B. Finance Minister
C. RBI Governor
D. none of the above
Question 153
__________ feature of business environment states that various factors of businessenvironment affect each other.
A. Pervasive
B. Continuous
C. Dynamic
D. Interrelatedness
Question 154
The operating risk in the host country does not include the risk of
A. Change in government policies.
B. Exchange control.
C. Price controls.
D. Sanctions.
Question 155
The Industrial policy resolution was passed first in
A. 1947
B. 1956
C. 1931
D. 1999
Question 156
Who gave a practical shape to privatization
A. Margrat thatcher
B. Louis peter
C. Williams
D. Fayol
Question 157
Who is responsible for presenting the Union Budget before the Parliament?
A. Prime Minister
B. RBI Governor
C. Finance Minister
D. None of the above
Question 158
What is the main role of the World Bank?
A. To be a forum for trade and liberalization.
B. To facilitate private investment around the world.
C. To assist countries in development.
D. All of the options given are correct.
Question 159
Which among these is monopolistic trade practice?
A. Manufacturing only one product
B. Selling only one product
C. Limiting technical Development
D. Unreasonably limiting competition
Question 160
Free trade is based on the principle of ___
A. Comparative advantage
B. Comparative scale
C. Economies of advantage
D. Production possibility advantage
Question 161
The macro environment consists of ___
A. Economic political &legal
B. Consumer competitors
C. Public
D. Middlemen
Question 162
One of the objectives of industrial policy is to accelerate the rate of economic Growth andspeed up industrialization___
A. 1955
B. 1956
C. 1957
D. 1958
Question 163
Population is a component of the total ______environment.
A. economic.
B. social.
C. natural.
D. technology.
Question 164
Economic environment refers to all forces which have a _____
A. political.
B. natural
C. economic.
D. social.
Question 165
Which can be a method of privation?
A. Denationalization.
B. Purchasing shares.
C. Takeover.
D. Merger.
Question 166
What are the main concepts concerning about business goals or objectives?
A. Mission, objectives.
B. Mission , targets.
C. Mission, objectives, target.
D. Target, objectives.
Question 167
Population is a component of the ______environment
A. Demographic
B. Social
C. Natural
D. Technology
Question 168
State directive principles are
A. Suggestion to direction
B. Instruments of instruction
C. Principles of instruction
D. Responsibility to state principles
Question 169
The following is not a feature of globalisation
A. Similar strategies are adopted by a firm in all markets.
B. Only multinational firms engage in international business.
C. The convergence of ideas and culture.
D. Obliteration of national boundaries.
Question 170
________________ environment can be defined as that part of the environment that isconcerned with the entire social system.
A. General environment
B. Operating environment
C. Social environment
D. Political environment
Question 171
When was the first Five year Plan?
A. 1950
B. 1951
C. 1952
D. 1953
Question 172
Primary and secondary markets develop simultaneously because they
A. Complement each other.
B. Compete with each other.
C. Control each other.
D. Function independently.
Question 173
Fical policy refers to the policy of government regarding taxtation public expenditure and ____
A. public debt.
B. budgets.
C. policies.
D. deposits.
Question 174
_______ state can have an elected or hereditary head
A. Democratic
B. Autocratic
C. Socialized
D. Republic
Question 175
The economic system in which business units or factors of production are privately ownedand governed is called as______
A. capitalism.
B. socialism.
C. democratic.
D. republic.
Question 176
________is the business through which new ideas and innovations are given a sharp andare converted into useful products and services
A. Market leadership
B. Challenge
C. Joy of creation
D. Growth
Question 177
Proper understanding of business environment is not a prerequisite for
A. Tapping of useful resources.
B. Identification of opportunities and threats.
C. Formulation of strategies.
D. Better coordination of employee efforts.
Question 178
Which of the following migration of population does not change the size of thepopulation?
A. External migration
B. Internal migration
C. International migration
D. National migration.
Question 179
__________ decides on a particular course of action.
A. Legislature.
B. Executive.
C. Judiciary.
D. Public.
Question 180
Laissez Faire policy is adopted in
A. Socialist Economic system
B. Capitalist Economic system
C. Communist Economic System
D. Mixed Economic System
Question 181
_______ technology require more human efforts.
A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say
Question 182
_______ refers to all forces which have an economic impact
A. Technological environment
B. Political environment
C. Economic environment
D. Social environment
Question 183
Export control refers to restrictions on
A. Domestic firms from engaging in exports.
B. Items that can be exported from the country.
C. Foreign countries exporting to the country.
D. Domestic firms engaging in trade with nation.
Question 184
Liberalization means
A. Reducing number of reserved industries from 17 to 8
B. Liberating the industry, trade and economy from unwanted restrictions
C. Opening up of economy to the world by attaining international competitiveness
D. Free determination of interest rates
Question 185
Industrial policy of 1948 aimed at ______
A. industrialization
B. growth of agriculture.
C. development of infrastructure .
D. development of service sector.
Question 186
A multi-national corporation (MNC) is defined by
A. Carrying out production in more than one country.
B. Having sales in more than one country.
C. Having a multi-ethnic workforce .
D. Having suppliers in more than one country.
Question 187
SAOIL is ______
A. Steel authority of India ltd .
B. School authority of India ltd.
C. State authority of India ltd.
D. Span authority of India ltd.
Question 188
In India liberalization and privatization began from____
A. 1991
B. 1971
C. 1981
D. 1947
Question 189
Which of the following is not a fundamental right in the Constitution of India?
A. Right to work
B. Right to Equality
C. Right to Education
D. Right against exploitation
Question 190
Industrial policy of 1948 aimed at ____
A. Industrialization
B. Growth of agriculture
C. Development of infrastructure
D. Development of service sector
Question 191
Political environments refers to the influence excreted by the ______political institutions
A. 2
B. 3
C. 4
D. 5
Question 192
_______Is vast and fascinating subject for business
A. Technology
B. Profit making
C. Change
D. People
Question 193
In some circles, a multinational corporations is also referred to ____________
A. multinational collaboration .
B. multinational entity.
C. multinational enterprises.
D. multinational development.
Question 194
Economic environment refers to all forces which have a _______impact on business
A. Political
B. Natural
C. Economic
D. Social
Question 195
________ is concerned with developing projection of direction, scope, speed & intensityof environmental change
A. Scanning
B. Monitoring
C. Forecasting
D. Assessing
Question 196
Internal factors affecting a business environment also are referred to ____factors.
A. controllable.
B. uncontrollable factors.
C. relevant.
D. global.
Question 197
GDP is ____
A. Gross Domestic Product.
B. Gross Domestic Percentage.
C. Gross Domestic Personnel.
D. Gross Domestic Public.
Question 198
_______ technology helps to gain more profit.
A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say
Question 199
Which is the one not included in national culture?
A. Language.
B. Internet.
C. Belief.
D. Attitude.
Question 200
______ involves freedom of doing business.
A. Globalization
B. Privatization
C. Liberalization
D. None of the Above
Question 201
When a company taken over another one and clearly becomes the new owner, the action is called
A. Acquisition
B. Merger
C. Strategic Alliance
D. None of the above
Question 202
In which of the following basic categories can business environment be divided?
A. Local and Regional
B. Regional and National.
C. Internal and External.
D. Financial and Nonfinancial.
Question 203
Psu is ___
A. Private sector unit
B. Private serious unit
C. Private steel unit
D. Private scale unit
Question 204
PEST is an acronym which stands for ________
A. Political, Environment, Societal, Technology. Share institution privatization.
B. Political, Economic, Societal, Technological.
C. Political, Economic, Social, Technological.
D. People, Economy, Standards, Tr
Question 205
What is the single word that can best describe todays business
A. Technology
B. Profit making
C. Change
D. People
Question 206
An effective crisis management plan will __
A. Minimize the seriousness of the problem
B. Exaggerate minor incident
C. Use the internet to convey the public affairs message
D. Immediately apologize to the public and accept any liability
Question 207
_______ refers to all forces which have an economic impact.
A. Technological Environment.
B. Political Environment.
C. Economic Environment.
D. Legal environment
Question 208
_______ technology saves time.
A. Capital intensive technology
B. Labor intensive technology
C. Both
D. None of the above
Question 209
Fiscal policy is called as ______ policy.
A. monetary.
B. budgetary.
C. industrial.
D. economic.
Question 210
Which can be a method of privatization
A. Denationalization
B. Purchasing shares
C. Takeover
D. Merger
Question 211
What is the significance of business environment?
A. First Mover Advantage.
B. Competition.
C. Information.
D. Globalization.
Question 212
Corporate contribution to political parties are now been ____________ in our country
A. Legalized
B. Customized
C. Introduced
D. Authorized
Question 213
________ environment is beyond the control of the business
A. Internal
B. External
C. Micro
D. Macro
Question 214
Headquarters of World Trade Organization at
A. Geneva
B. Japan
C. South Korea
D. Russia
Question 215
Which among these can be the condition for the success of privatisation?
A. Measurability of performance
B. Alternative institutional arrangements
C. Barriers to enter the market
D. All of the above
Question 216
Social Stratification is done on the basis of
A. Income level
B. Caste
C. Education
D. All of the Above
Question 217
__________ means the proportion of a nation population living in urban areas.
A. Privatization
B. Globalization
C. Urbanization
D. Liberalization
Question 218
Micro environment is also called as_______
A. General environment
B. Operating environment
C. Economic environment
D. Political environment
Question 219
IN which year the essential commodities act introduced___
A. 1954
B. 1955
C. 1956
D. 1957
Question 220
Which among the following is not opened for private sector participation
A. Railways
B. Telecommunication sector
C. Education sector
D. Power sector
Question 221
Fundamental Rights have no value without__
A. Right to Freedom
B. Right to Freedom of Religion
C. Right to Constitutional Remedies
D. Right to Property
Question 222
Who gave a practical shape to privatization?
A. MARGARAT THATCHER.
B. LOUIS PETER.
C. WILLIAMS.
D. FAYOL.
Question 223
Fiscal policy is called as ________policy
A. Monetary
B. Budgetary
C. Industrial
D. Economic
Question 224
_______is the primary motive for a business enterprise.
A. Profit.
B. Maximize customers.
C. Human objective.
D. Maximize suppliers.
Question 225
Which of the following institutions cannot be included in the international financial andmonetary system?
A. World Bank
B. WTO
C. Bank for International Settlements
D. IMF
Question 226
One of the long term objectives of the five year plan is reducing inequalities of ___wealth and income
A. Increased
B. Decreased
C. Medium
D. Low level
Question 227
Industrial policy was set up in the year _______
A. 1955
B. 1956
C. 1957
D. 1958
Question 228
The environmental factor that includes peoples attitude to family, religion etc is
A. Cultural.
B. Economic.
C. Socio- cultural.
D. Political.
Question 229
Has the per capita income increased or decreased from 1980 to 2009 ___
A. increased.
B. decreased.
C. medium.
D. narrow.
Question 230
____________ economy is not owned or managed by the government but owned byprivate individuals.
A. Social
B. Capitalist
C. Mixed
D. Macro
Question 231
___ is defined as systematic assessment of the social impact of the activities of a businessfirm.
A. Social audit.
B. Social responsibility.
C. Social interaction.
D. Social benefit.
Question 232
Currently ________ is implemented by government in place of Five year plan.
A. Make in India
B. NITI aayog
C. Skill India
D. PM aayog
Question 233
The liberalization of the rules relating to FDI permitting _______% equity in wide range ofIndustries.
A. 50
B. 51
C. 52
D. 53
Question 234
____ environment is beyond the control of the business.
A. Internal.
B. External.
C. Micro.
D. Macro.
Question 235
The era of deregulation / liberalization begin in ___
A. 1950and51.
B. 1980
C. 1991
D. 1960
Question 236
Legal rules and regulations relevant to business are included in ____ environment ofbusiness.
A. Legal
B. Political
C. Economic
D. Technological
Question 237
Which plan gives priority for family planning
A. State policy
B. Judicial policy
C. Industrial
D. Energy
Question 238
Is todays business is not characterized by diversification?
A. Social relationship.
B. Profit.
C. Customers.
D. Assets.
Question 239
A systematic application of scientific knowledge to practical task is known as_
A. Technology
B. Culture
C. Demographic
D. Legal
Question 240
The economic system in which both public and private sectors co-exist is known as ____economy
A. Capitalism
B. Socialism
C. Democratic
D. Mixed
Question 241
Which is the one not included in national culture
A. Language
B. Internet
C. Belief
D. Attitude
Question 242
The _____________ is an introduction to the constitution and contains its basicphilosophy.
A. Preamble
B. Society
C. Process
D. Service
Question 243
What is the single word that can best describe today s business?
A. Technology.
B. Profit Making.
C. Change.
D. People.
Question 244
Globalization does not involve.
A. Reduction of barrier
B. Free flow of goods and services.
C. Global mechanism for settlement of Economic disputes.
D. Free flow of Capital
Question 245
According to whom, business environment is defined as total of all things external tofirms and industries which effect their organization and Operations
A. Arthur.m.welmer
B. John wick
C. Bayo
D. o.wheeler
Question 246
Micro environment is also called as ________
A. general environment.
B. operating environment.
C. economics environment.
D. political environment.
Question 247
________ is a very important factor that provides competitive advantage
A. Innovation
B. Modulation
C. Dimension
D. Variation
Question 248
The aim of the private sector is to maximize __________
A. Loss
B. Profit
C. Import
D. Export
Question 249
Economic growth can be measured by ___________
A. The cpi
B. The cbi
C. Gdp
D. Mpc
Question 250
A company is affected by two broad set of factors are _________________
A. Local and regional
B. Regional and national
C. Internal and external
D. Financial and non-financial
Question 251
The term fraternity implies the spirit of _________________
A. Brotherhood
B. Judiciary
C. Justice
D. Value
Question 252
Is the modern business dynamic?
A. mass production.
B. mass marketing.
C. mass sales.
D. mass purchase.
Question 253
Establishment Year of International Monetary Fund.
A. 1945
B. 1935
C. 1845
D. 2005
Question 254
Is interference of government in business is common in every country?
A. 1960
B. 1970
C. 1980
D. 1990
Question 255
What is the main occupation of kshatriyas
A. Engaged in cleaning
B. Engaged in trade
C. Engaged in army work
D. None of the above