QN01. Business comprises all ______________ seeking activities and enterprises that provides goods and services necessary to an economic system.
- Profit.
- Loss.
- Production.
- None of these.
Answer
(A)Profit.
QN02. ______________ are the directives to the various government and non government agencies and are fundamental in the governance of the country.
- State policies.
- Fundamental rights.
- Directive principles.
- Fundamental Rules.
Answer
(C)Directive principles.
QN03. The main objective of society and business is ______________.
- economic and social objective.
- cultural objective.
- technological objective.
- non objective.
Answer
(A)economic and social objective.
QN04. Developments banks are otherwise called as______________.
- LIC.
- UTI.
- DFI.
- Barter.
Answer
(C)DFI.
QN05. Self fulfillment and immediate gratification _______________ cultural values.
- decreases.
- rises.
- diminishes.
- slow down.
Answer
(B)rises.
QN06. _______________ change is a potent form for the reconfiguration of industrial boundaries.
- Technological.
- Economical.
- Organizational.
- Environmental.
Answer
(A)Technological.
QN07. ____________________________ state can have an elected or hereditary head.
- Democratic.
- Autocratic.
- Socialized.
- None of the above.
Answer
(A)Democratic.
QN08. Business environments is encompassed as the climate or set of condition, Economics, social (or)
institutional in which business _______________ are conducted.
- operations.
- customs.
- rituals.
- meetings.
Answer
(A)operations.
QN09. Todays business is not characterized by ____________________________.
- diversification.
- loss.
- fight.
- conflict.
Answer
(A)diversification.
QN10. Competition is beneficial to the competing firms besides benefiting the ______________.
- producers.
- intermediaries.
- finances.
- consumers.
Answer
(D)consumers.
QN11. Goals realization continuously will lead to ______________?
- mission fulfillment.
- maximum customers.
- high revenue.
- low revenue.
Answer
(A)mission fulfillment.
QN12. Micro environment is also known as _______________.
- Direct.
- Indirect.
- Same.
- Fine.
Answer
(A)Direct.
QN13. Political environments refers to the influence exerted by the ______________ political institutions?
- 2
- 3
- 4
- 5
Answer
(B)3
QN14. ______________ plays the watch dog in order to ensure that both function in public interest and within the boundaries of constitution.
- Legislature.
- Executive.
- Judiciary.
- None of the above.
Answer
(C)Judiciary.
QN15. ______________ stresses the negative consequences of failure to study the environment
- William F.glueck.
- Lawrence R.jauch.
- Jothi.
- None of the above.
Answer
(C)Jothi.
QN16. ______________ involves a degree of purposefulness by manager as he receives information inputs.
- Informal research.
- Formal research.
- Indirect viewing.
- Conditioned Viewing.
Answer
(D)Conditioned Viewing.
QN17. _______________ stresses the philosophy of individualism believing in private ownership.
- Capitalism.
- Socialism.
- Marxism.
- Developism.
Answer
(A)Capitalism.
QN18. In communism the _______________ determines ones employer and employment.
- state.
- country.
- business.
- people.
Answer
(A)state.
QN19. Governments policy towards industries is called as ______________.
- economic policy.
- industrial policy.
- monetary policy.
- work policy.
Answer
(B)industrial policy.
QN20. One of the objectives of licensing is to protect ______________ industries against competition of large scale industries.
- small scale.
- medium scale.
- low scale.
- high scale.
Answer
(A)small scale.
QN21. The institutionalization involves in _______________ steps.
- 2
- 3
- 4
- 5
Answer
(B)3
QN22. The techniques of privatization are contract ______________ and concession.
- building.
- free.
- leases.
- hire purchase.
Answer
(C)leases.
QN23. ____________________________ gives financial assistance to small scale industries.
- NABARD.
- SIDCO.
- MSME.
- SME.
Answer
(A)NABARD.
QN24. A stock exchange is a market where securities are ________________.
- bought.
- sold.
- bought and sold.
- none of the above.
Answer
(C)bought and sold.
QN25. ______________ include knowledge, belief, moral and customs acquired by an individual as a Member of a
society.
- Culture.
- Structure.
- Change.
- Environment.
Answer
(A)Culture.
QN26. One spirit of collectivism and individualism is related to ______________ aspects as employee morale.
- personnel.
- management.
- cultural.
- social.
Answer
(A)personnel.
QN27. Ackermans model is one of the ______________ responsibility models.
- social.
- cultural.
- environmental.
- management.
Answer
(A)social.
QN28. ______________________________ is the position taken by companies that meet their social responsibilities as directed by the law.
- Social response.
- Social awareness.
- Social interest.
- Social welfare.
Answer
(A)Social response.
QN29. Technology reaches people through business by different _______________.
- machines.
- people.
- culture.
- . value.
Answer
(A)machines.
QN30. The basic objective of the technology policy will be development of indigenous technology and adaptation of imported technology appropriate to ______________ priorities.
- national.
- international.
- interest.
- need.
Answer
(A)national.
QN31. ______________ is a statement which derives the role that an organization plays in a society.
- Goals.
- Mission.
- Objective.
- Success.
Answer
(B)Mission.
QN32. ______________ stresses the philosophy of individualism believing in private ownership of all agents of production.
- Socialism.
- Communism.
- Capitalism.
- Nanoism.
Answer
(A)Socialism.
QN33. What is the main occupation of Kshatriyas?
- Engaged in cleaning.
- Engaged in trade.
- Engaged in army work.
- Engaged in ruling.
Answer
(D)Engaged in ruling.
QN34. Reserve Bank of India introduced certificates of deposit in ______________.
- 1964.
- 1989.
- 1986.
- 1990.
Answer
(B)1989.
QN35. Ackerman s model is _______________ model.
- social responsibility.
- computer.
- employee.
- science.
Answer
(A)social responsibility.
QN36. Obsolescence means ________________ of products.
- implementation.
- outdated.
- assessment.
- none of the above.
Answer
(B)outdated.
QN37. The _______________ diversification refers to the process of adding new, but related products or serices.
- concentric.
- judiciary.
- justice.
- culture.
Answer
(A)concentric.
QN38. ______________ is a primary mechanism for motivating business activities.
- Social relationship.
- Profit.
- . Customers.
- . Assets.
Answer
(B)Profit.
QN39. The ________________ is that part of the enacted environment which the organisation carves out for itself.
- Technology.
- Machine.
- domain.
- man.
Answer
(C)domain.
QN40. Competition is beneficial to the competing firms besides benefiting the ______________.
- producers.
- intermediaries.
- finances.
- consumers.
Answer
(D)consumers.