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240+ Business Environment Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .

101.

When was the first Five year Plan?

A. 1950.
B. 1951.
C. 1952.
D. 1953.
Answer» B. 1951.
102.

________ identifies the early signals of possible environment changes

A. Scanning
B. Monitoring
C. Forecasting
D. Assessing
Answer» A. Scanning
103.

The environmental factor that includes peoples attitude to family, religion etc is

A. Cultural.
B. Economic.
C. Socio- cultural.
D. Political.
Answer» C. Socio- cultural.
104.

________ is concerned with developing projection of direction, scope, speed & intensity of environmental change

A. Scanning
B. Monitoring
C. Forecasting
D. Assessing
Answer» B. Monitoring
105.

For the society, religion has no influence on.

A. Holidays
B. Language
C. Role of women
D. Marketing Practices
Answer» B. Language
106.

Social Stratification is done on the basis of

A. Income level
B. Caste
C. Education
D. All of the Above
Answer» D. All of the Above
107.

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.
Answer» D. Market, cost, competition and government policies.
108.

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.
Answer» B. Items that can be exported from the country.
109.

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
Answer» D. Bailment
110.

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
Answer» B. Creation of Knowledge and its application
111.

________environment refers to all economic factors which have a bearing on the functioning of a business

A. Economic
B. Technological
C. Natural
D. Social
Answer» A. Economic
112.

Free trade is based on the principle of ___

A. Comparative advantage
B. Comparative scale
C. Economies of advantage
D. Production possibility advantage
Answer» A. Comparative advantage
113.

Establishment Year of International Monetary Fund.

A. 1945
B. 1935
C. 1845
D. 2005
Answer» A. 1945
114.

The second five year plan was given during 1956 regarding _

A. Legal planning
B. Soviet planning
C. Government planning
D. Agricultural planning
Answer» A. Legal planning
115.

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.
Answer» D. Sanctions.
116.

The legal system in India is based on

A. Common law.
B. Civil law.
C. Theocratic law.
D. Hindu law.
Answer» D. Hindu law.
117.

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.
Answer» D. To raise income and restrict imports.
118.

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.
Answer» A. Similar strategies are adopted by a firm in all markets.
119.

WTO aims at:

A. Establishing rules for domestic trade
B. Restricting trade practices
C. Liberalising international trade
D. None of these
Answer» C. Liberalising international trade
120.

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
Answer» C. Currency Crisis
121.

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
Answer» C. Skill India
122.

Which of the following institutions cannot be included in the international financial and monetary system?

A. World Bank
B. WTO
C. Bank for International Settlements
D. IMF
Answer» C. Bank for International Settlements
123.

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
Answer» D. All of the Above
124.

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
Answer» A. International monetory fund
125.

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
Answer» B. United Nations Development Group
126.

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
Answer» A. Increased
127.

'World Bank' was founded in

A. October, 1948
B. April, 1949
C. July, 1944
D. May, 1945
Answer» C. July, 1944
128.

Population is a component of the ______environment

A. Demographic
B. Social
C. Natural
D. Technology
Answer» A. Demographic
129.

Which plan gives priority for family planning

A. State policy
B. Judicial policy
C. Industrial
D. Energy
Answer» A. State policy
130.

Governments policy towards industries is called as ____

A. Economic policy
B. Industrial policy
C. Monetary policy
D. Work policy
Answer» B. Industrial policy
131.

Industrial policy was set up in the year __

A. 1955
B. 1956
C. 1957
D. 1958
Answer» B. 1956
132.

_______ technology saves time.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. None of the above
Answer» A. Capital intensive technology
133.

_______ technology helps to gain more profit.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say
Answer» D. Cant say
134.

_______ technology having less chance of Error.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say
Answer» A. Capital intensive technology
135.

_______ technology require more human efforts.

A. Capital intensive technology
B. Labor intensive technology
C. Both
D. Cant say
Answer» B. Labor intensive technology
136.

Strata means....

A. Group of same kind of people
B. Group of different kind of people
C. Both
D. Cant say
Answer» A. Group of same kind of people
137.

In some circles a multinational corporations is referred to ____________

A. Multinational collaboration
B. Multinational entity
C. Multinational enterprises
D. Multinational development
Answer» C. Multinational enterprises
138.

IMF stands

A. International money force
B. International monetary fund
C. Indian money fund
D. International multinational foreign
Answer» B. International monetary fund
139.

Multinational corporations is also referred to ____

A. Multinational collaboration
B. Multinational entity
C. Transnational corporation
D. Multinational development
Answer» C. Transnational corporation
140.

FERA is foreign exchange regulation act for __

A. Industries
B. Small scale
C. Labor
D. Owner
Answer» A. Industries
141.

“Gujarat is dry state” - what can we conclude from statement.

A. Taboo
B. Social stratification
C. Taste and preference
D. None of the Above
Answer» A. Taboo
142.

Gdp is _

A. Gross domestic product
B. Gross domestic percentage
C. Gross domestic personnel
D. Gross domestic public
Answer» A. Gross domestic product
143.

Psu is ___

A. Private sector unit
B. Private serious unit
C. Private steel unit
D. Private scale unit
Answer» A. Private sector unit
144.

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.
Answer» C. To assist countries in development.
145.

Who gave a practical shape to privatization

A. Margrat thatcher
B. Louis peter
C. Williams
D. Fayol
Answer» A. Margrat thatcher
146.

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
Answer» C. Floating of companies
147.

Which one of the following is a money market instrument?

A. Unit of mutual fund
B. Debenture
C. Bond
D. Treasury bill
Answer» D. Treasury bill
148.

Primary and secondary markets develop simultaneously because they

A. Complement each other.
B. Compete with each other.
C. Control each other.
D. Function independently.
Answer» A. Complement each other.
149.

Secondary market is in the form of

A. Stock exchange.
B. Money market.
C. New issue market.
D. Commercial exchange.
Answer» A. Stock exchange.
150.

SEBI is a regulator of

A. Capital market.
B. Money market.
C. Commodity market.
D. Overseas market.
Answer» A. Capital market.

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