BE-MCQ

KEEP UPGRADINNG YOUR KNOWLEDGE

BBA Sem- VI
Subject:- Business Environment
1	Micro environment is also known as _______________.
	A.	Direct	B.	Indirect
	C.	Same	D.	Fine
	Answer :-A
2	Which of the following is not a feature of Business environment
	A.	Interrelated Elements	B.	Dynamics
	C.	Complexity	D.	Continuous
	Answer :- D
3	Which of the following are the dimensions of the business environment
	A.	Economic & Social	B.	Technological & Economic
	C.	Legal & Social	D.	All of the above
	Answer :-D
4	Liberalisation means
	A.	Policy of planned disinvestment	B.	Integrating among economies
	C.	End of license & reduction of government control	D.	None of these
	Answer :- C
5	Which of the following are the impact of govt. policy changes on business & industry?
	A.	Increased competition	B.	Need for change
	C.	Demanding customers	D.	All of the above
	Answer :-D
6	Globalisation means
	A.	Reduced role of public sector	B.	Integration of economies
	C.	Lowering interest rates	D.	Control of inflation
	Answer :- B
7	___ nature of business environment suggests that environment keeps on changing.
	A.	Dynamic	B.	Pervasive
	C.	Continuous	D.	Multidimensional
	Answer :-A
8	___ is the integration of world economy into a single market through removal of trade barriers between countries.
	A.	Privatisation	B.	Globalisation
	C.	Liberalisation	D.	Both(a) and (b)
	Answer :- B
9	___ feature of business environment states that various factors of business environment affect each other.
	A.	Pervasive	B.	Continuous
	C.	Dynamic	D.	Interrelatedness
	Answer :-D
10	Legal rules and regulations relevant to business are included in ___ environment of business.
	A.	Legal	B.	Political
	C.	Economic	D.	Technological
	Answer :- A
11	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
	Answer :-C
12	______environment is with in the control of the business.
	A.	Internal.	B.	External
	C.	Micro	D.	Macro
	Answer :- A
13	____ environment is beyond the control of the business
	A.	Internal	B.	External.
	C.	Micro	D.	Macro
	Answer :-D
14	Micro environment is also called as ________.
	A.	General environment	B.	Operating environment
	C.	Economics environment	D.	Political environment
	Answer :- B
15	Macro environment is also called as _______.
	A.	General environment	B.	Operating environment.
	C.	Economics environment	D.	Political environment
	Answer :-A
16	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
	Answer :- C
17	Factors that create opportunities and threats to business units is known as_______.
	A.	Internal environment.	B.	External environment
	C.	Micro environment.	D.	Macro environment
	Answer :-D
18	Internal factors affecting a business environment also are referred to ____factors.
	A.	Controllable	B.	Uncontrollable factors
	C.	Relevant	D.	Global.
	Answer :- A
19	External factors affecting a business environment also be referred to ___factors.
	A.	Controllable	B.	Uncontrollable
	C.	Relevant	D.	Global
	Answer :-B
20	Study of human population is called as _____ environment.
	A.	Political	B.	Social
	C.	Demographic	D.	Economic
	Answer :- C
21	Culture spreads from one place to anther and such transmission is called as ________.
	A.	Difference	B.	Reputation
	C.	Adoption	D.	Heritage
	Answer :-A
22	___ is defined as systematic assessment of the social impact of the activities of a business firm.
	A.	Social audit	B.	Social responsibility.
	C.	Social interaction	D.	Social benefit
	Answer :- A
23	What are the elements of business ethics?
	A.	Values rights and duties	B.	attitudes pressure and environment.
	C.	value environment and attitude	D.	Responsibilities.
	Answer :-A
24	The economic system in which business units or factors of production are privately owned and governed is called as______.
	A.	Capitalism.	B.	Socialism
	C.	Democratic	D.	Republic
	Answer :- A
25	The economic system in which both public and private sectors co exist is known as ___economy
	A.	Capitalism.	B.	Socialism
	C.	Democratic	D.	Republic
	Answer :-B
26	Fical policy refers to the policy of government regarding taxtation public expenditure and ____
	A.	Public debt	B.	Budgets
	C.	Policies	D.	Deposits
	Answer :- B
27	Fiscal policy is called as ______ policy.
	A.	Monetary	B.	Budgetary
	C.	Industrial	D.	Economic
	Answer :-B
28	Industrial policy of 1948 aimed at ______.
	A.	Industrialization	B.	Growth of agriculture
	C.	Development of infrastructure	D.	development of service sector
	Answer :- A
29	India is good example for ________economy.
	A.	socialist.	B.	mixed
	C.	capitalist	D.	communist
	Answer :-B
30	Business includes _____.
	A.	non-economic activities	B.	economic activities.
	C.	social activities	D.	production activities.
	Answer :- B
31	____refers to the system of moral principles and rules of conduct applied to busines
	A.	Business culture.	B.	Business ethics.
	C.	Business	D.	Society.
	Answer :-B
32	Competition is beneficial to the competing firms besides benefiting the ______?
	A.	producers.	B.	intermediaries
	C.	finances.	D.	consumers.
	Answer :- D
33	_______is the primary motive for a business enterprise.
	A.	Profit.	B.	Maximize customers.
	C.	Human objective.	D.	Maximize suppliers.
	Answer :-A
34	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
	Answer :- D
35	Macro environment consist of ______?
	A.	public.	B.	political & legal
	C.	suppliers.	D.	customers.
	Answer :-B
36	The micro environment consists ______
	A.	Technological Environment.	B.	Political Environment.
	C.	Economic Environment	D.	Public, middlemen, consumers & competitors.
	Answer :- D
37	. _______ refers to all forces which have an economic impact.
	A.	Technological Environment.	B.	Political Environment.
	C.	Economic Environment	D.	Legal environment
	Answer :-C
38	The first MNC came to India in _______
	A.	1920	B.	1921
	C.	1987	D.	1922
	Answer :- B
39	Economic growth can be measured by ___________.
	A.	the CPI.	B.	the CBI.
	C.	GDP	D.	MPC.
	Answer :-C
40	Population is a component of the total ______environment.
	A.	economic	B.	social.
	C.	natural	D.	technology
	Answer :- A
41	Industrial policy was set up in the year _______
	A.	1955	B.	1956
	C.	1957	D.	1958
	Answer :-B
42	The liberalization of the rules relating to FDI permitting _______% equity in wide range of Industries.
	A.	51	B.	55
	C.	45	D.	65
	Answer :- A
43	In some circles, a multinational corporations is also referred to ____________.
	A.	multinational collaboration .	B.	multinational entity
	C.	multinational enterprises.	D.	multinational development
	Answer :-C
44	FERA is foreign exchange regulation act for _________.
	A.	industries .	B.	small scale
	C.	labour	D.	owner.
	Answer :- A
45	GDP is ____.
	A.	Gross Domestic Product	B.	Gross Domestic Percentage
	C.	Gross Domestic Personnel.	D.	Gross Domestic Public
	Answer :-A
46	GNP stands for___________
	A.	Gross National Product	B.	Gross negative product
	C.	Gross negotiable product	D.	None of the above
	Answer :- A
47	NDP is ____.
	A.	Net Domestic Product	B.	Net Domestic Percentage
	C.	Net Domestic Personnel	D.	Net Domestic Public
	Answer :-A
48	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, Transport.
	Answer :- C
49	The major responsibility of RBI is __________.
	A.	healthy regulation	B.	work regulation
	C.	industrial regulation.	D.	monetary regulation.
	Answer :-D
50	The taking over of a private firm by the host country government to be run it as a government unit is ______.
	A.	expropriation.	B.	confiscation.
	C.	nationalisation.	D.	domestication
	Answer :- C
51	The author of the book An Essay on Principles of Population is
	A.	Malthus	B.	James Princep
	C.	Keynes	D.	Frank Notenstein
	Answer :-A
52	Consider the following statements and identify the right ones. i. Malthus supported population control to ensure balance between population and availability of food grains ii. He advocated "unethical" means to control population
	A.	I only	B.	ii only
	C.	both	D.	none
	Answer :- A
53	Malthus’s theory was that population ?
	A.	increased proportionally to economic growth	B.	increased geometrically, outstripping food supply which grew arithmetically
	C.	increased stagnantly with food supply and economic development	D.	increased disproportionately surpassing agricultural production
	Answer :-B
54	The capital market in India is controlled by?
	A.	RBI	B.	NABARD
	C.	SEBI	D.	IRDA
	Answer :- C
55	SEBI was established in which year?
	A.	1990	B.	1989
	C.	1992	D.	1988
	Answer :-C
56	Which among the following does not belong to the stock exchange?
	A.	KPO	B.	IPO
	C.	NSE	D.	NAV
	Answer :- A
57	Which among the following is not an objective of SEBI?
	A.	To regulate securities market	B.	To protect interests of inventors
	C.	To promote individual businesses	D.	To promote the development of the market
	Answer :-C
58	Which of the following are responsible for the fluctuations in the Sensex?
	A.	Monetary policy	B.	Political instability
	C.	Rain	D.	None of the above
	Answer :- A
59	The money market where debt and stocks are traded and maturity period is more than a year is known as
	A.	Long-term market	B.	Counter market
	C.	Capital market	D.	Shorter term market
	Answer :-C
60	The regulatory body for the securities market in India is
	A.	Stock exchanges	B.	IRDA
	C.	RBI	D.	SEBI
	Answer :- D
61	Which of the following reasons is not responsible for the ups and downs in the Sensex?
	A.	Rain	B.	Monetary policy
	C.	Political instability	D.	None of the following
	Answer :-D
62	Which of the following is not a credit rating agency?
	A.	CRISIL	B.	ICRA
	C.	CARE	D.	NIKKEI
	Answer :- D
63	Which of the following might be a reason for a stock market to lose value suddenly?
	A.	A big company going bankrupt	B.	Fear of a global recession
	C.	A terrorist attack	D.	All of these
	Answer :-D
64	How many companies are included in the SENSEX?
	A.	50	B.	111
	C.	30	D.	70
	Answer :- C
65	When was Nifty established?
	A.	1996	B.	1988
	C.	1967	D.	1955
	Answer :-A
66	The first computerised online stock exchange in India was
	A.	NSE	B.	OTCEI
	C.	BSE	D.	MCX
	Answer :- A
67	The money market where debt and stocks are traded and maturity period is more than a year is classified as
	A.	shorter term markets	B.	capital markets
	C.	counter markets	D.	long-term markets
	Answer :-B
68	The type of market in which securities with less than one year maturity are traded, is classified as
	A.	money market	B.	capital market
	C.	transaction market	D.	global market
	Answer :- A
69	The markets in which new securities are issued by the corporations to raise funds are called
	A.	primary markets	B.	secondary markets
	C.	Gross markets	D.	proceeds markets
	Answer :-A
70	Which of the following is the function of financial market?
	A.	Mobilization of savings	B.	Price fixation
	C.	Provide liquidity to financial assets	D.	All of the above
	Answer :- D
71	__________ is the organisations, institutions that provide long term funds.
	A.	Capital market	B.	Money market
	C.	primary markets	D.	secondary markets
	Answer :-A
72	When securities are allotted to institutional investors & some selected individuals is referred to as _________.
	A.	Initial public offer	B.	Offer through prospectus
	C.	Private placement	D.	Offer for sale
	Answer :- C
73	Stock exchange is known as __________ market for securities.
	A.	Primary market	B.	Secondary market
	C.	Capital market	D.	None of the above
	Answer :-B
74	Which of the following are the instruments of money market?
	A.	Call money	B.	Trade bills
	C.	Certificate of deposits	D.	All of the above
	Answer :- D
75	Fiscal policy in India is formulated by
	A.	Reserve Bank of India	B.	Planning Commission
	C.	Finance Ministry	D.	Securities and Exchange Board of India
	Answer :-C
76	Which one of the following is the largest item of expenditure of the Government of India on revenue account?
	A.	Defence	B.	Subsidies
	C.	Pensions	D.	Interest payments
	Answer :- D
77	Fiscal deficit in the union budget is equal to
	A.	Net increase in internal and external borrowings	B.	The difference between current expenditure and current revenue
	C.	The sum of monetized deficit and budgetary deficit	D.	Net increase in the union government’s borrowing from the Reserve Bank of India
	Answer :-A
78	Fiscal deficit implies:
	A.	Total expenditure – (Revenue receipts + Recovery of loans + Receipts from disinvestment)	B.	Total expenditure – Total receipts from all sources ,including borrowings
	C.	Total expenditure – (Revenue receipts + Fresh loans)	D.	Total expenditure – Disinvestment receipts
	Answer :- A
79	Fiscal Responsibility and Budget Management Act (FRBMA) was passed to keep check on
	A.	Fiscal deficit only	B.	Revenue deficit only
	C.	Both fiscal deficit and revenue deficit	D.	Neither fiscal deficit nor revenue deficit
	Answer :-C
80	2. If the economy is in an inflationary period, what action would Fiscal Policy most likely take?
	A.	Decrease taxes	B.	Decrease the discount rate
	C.	Increase taxes	D.	Increase spending
	Answer :- C
81	4. If Fiscal Policy is trying to promote stability and economic growth through tax cuts, what type of policy is Fiscal policy using?
	A.	Expansionary Fiscal Policy	B.	Restrictive Fiscal Policy
	C.	Easy Money Policy	D.	Tight Money Policy
	Answer :-A
82	Which of the following are Fundamental Duties?
	A.	Safeguarding public property	B.	Protecting the sovereignty, integrity and unity of India
	C.	Developing scientific temper and humanism	D.	All the above
	Answer :- D
83	Which of the following is correct with respect to “Right Against Exploitation”?
	A.	Prohibition of traffic in human beings and forced labour	B.	Freedom as to payment of taxes for the promotion of any particular religion
	C.	Protection of  interests of minorities	D.	Equality before the law
	Answer :-A
84	Which one of the following right of Indian Constitution guarantees all the fundamental rights to every resident of a country?
	A.	Right against exploitation	B.	Right to freedom
	C.	Right to equality	D.	Right to constitutional remedies
	Answer :- D
85	Which one of the following is true with respect to the Fundamental Rights of Indian Constitution?
	A.	The sovereignty of the people	B.	Equality of opportunity for all resident
	C.	Limited government	D.	Democracy
	Answer :-B
86	Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth is a fundamental right classifiable under?
	A.	Right to freedom of religion	B.	Right to equality
	C.	Right against exploitation	D.	None of these
	Answer :- B
87	Civil equality means:
	A.	Equality before law	B.	Equality of opportunity
	C.	Equal distribution of wealth	D.	Equal right to participate in the affairs of the state
	Answer :-A
88	Which of the following is given the power to implement the Fundamental Right by the Constitution?
	A.	All courts in India	B.	The Parliament
	C.	The President	D.	The Supreme Court and High Courts
	Answer :- D
89	Right to education to all children between the age of 6 to 14 year is-
	A.	Included in the Directive Principle of State Policy	B.	A fundamental Right
	C.	A Statutory Right	D.	None of the above
	Answer :-B
90	The granting of Fundamental Rights to citizens aims at ensuring
	A.	socialist government	B.	Individual liberty
	C.	Independence judiciary	D.	None of the above
	Answer :- B
91	Who can amend or modify any of the Fundamental Rights given in the Constitution?
	A.	President can amend of modify	B.	Parliament cannot amend or modify
	C.	Prime Minister can amend or modify	D.	Parliament can amend them by special majority
	Answer :-A
92	How many Fundamental Rights are enjoyed by the Indians
	A.	Six	B.	Seven
	C.	Eight	D.	Five
	Answer :- A
93	Fundamental Rights are not given to
	A.	Aliens	B.	Bankrupt persons
	C.	Political sufferers	D.	Persons suffering from incurable diseases
	Answer :-A
94	Economic environment refers to all forces which have a _______impact on business
	A.	Political	B.	Natural
	C.	Economic	D.	Social
	Answer :- C
95	The ________ of the government covers all those principles ,policies,rules and procedures and control the industrial enterprise of the economy.
	A.	Industrial	B.	Fiscal
	C.	Monetary	D.	Macro
	Answer :-A
96	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
	Answer :- C
97	______environment is with in the control of the business.
	A.	Internal	B.	External
	C.	Micro	D.	Macro
	Answer :-A
98	___ environment is beyond the control of the business.
	A.	Internal.	B.	External
	C.	Micro	D.	Macro
	Answer :- B
99	Micro environment is also called as ________.
	A.	general environment	B.	operating environment
	C.	economics environment	D.	political environment
	Answer :-B
100	Macro environment is also called as _______.
	A.	general environment	B.	operating environment
	C.	economic environment	D.	political environment
	Answer :- A
101	The environment which is close to business and affect its capacity to work is known as ___environment
	A.	external	B.	micro
	C.	internal.	D.	macro
	Answer :-B
102	Factors that create opportunities and threats to business units is known as_______.
	A.	internal environment	B.	external environment
	C.	micro environment	D.	macro environment
	Answer :- D
103	Internal factors affecting a business environment also are referred to ____factors
	A.	controllable	B.	uncontrollable factors
	C.	relevant	D.	global
	Answer :-A
104	External factors affecting a business environment also be referred to ___factors
	A.	controllable	B.	uncontrollable
	C.	relevant	D.	global
	Answer :- B
105	Culture spreads from one place to anther and such transmission is called as ________.
	A.	difference	B.	adoption
	C.	reputation	D.	heritage
	Answer :-A
106	___ is defined as systematic assessment of the social impact of the activities of a business firm.
	A.	Social responsibility	B.	Social interaction
	C.	Social audit	D.	Social benefit
	Answer :- C
107	The economic system in which business units or factors of production are privately owned and governed is called as______.
	A.	socialism	B.	democratic
	C.	capitalism	D.	republic
	Answer :-C
108	The economic system in which both public and private sectors co exist is known as ___economy
	A.	socialism	B.	democratic
	C.	capitalism	D.	republic
	Answer :- A
109	Fical policy refers to the policy of government regarding taxtation public expenditure and ____.
	A.	public debt	B.	budgets
	C.	policies	D.	deposits
	Answer :-B
110	Fiscal policy is called as ______ policy.
	A.	monetary	B.	budgetary
	C.	industrial	D.	economic
	Answer :- B
111	Industrial policy of 1948 aimed at ______.
	A.	industrialization	B.	growth of agriculture
	C.	development of infrastructure	D.	development of service sector
	Answer :-
112	India is good example for ________economy
	A.	socialist	B.	mixed
	C.	capitalist	D.	communist
	Answer :- B
113	Business includes _____.
	A.	non-economic activities	B.	economic activities.
	C.	social activities	D.	production activities
	Answer :-B
114	_______is the primary motive for a business enterprise
	A.	Profit.	B.	Maximize customers
	C.	Human objective	D.	Maximize suppliers
	Answer :- A
115	Macro environment consist of ______?
	A.	public.	B.	political & legal
	C.	suppliers	D.	customers
	Answer :-B
116	The micro environment consists ______.
	A.	Technological Environment	B.	Political Environment
	C.	Economic Environment	D.	Public, middlemen, consumers & competitors
	Answer :- D
117	Population is a component of the total ______environment.
	A.	economic	B.	social
	C.	natural	D.	technology
	Answer :-A
118	Governments policy towards industries is called as ________.
	A.	economic policy	B.	industrial policy.
	C.	monetary policy	D.	work policy
	Answer :- B
119	Industrial policy was set up in the year _______.
	A.	1955	B.	1958
	C.	1957	D.	1956
	Answer :-D
120	In some circles, a multinational corporations is also referred to ____________.
	A.	multinational collaboration	B.	multinational entity.
	C.	multinational enterprises	D.	multinational development
	Answer :- C
121	Multinational corporations is also referred to ____________.
	A.	multinational collaboration	B.	multinational entity.
	C.	transnational corporation	D.	multinational development
	Answer :-C
122	FERA is foreign exchange regulation act for _________.
	A.	industries	B.	small scale
	C.	labour.	D.	owner
	Answer :-
123	NDP is ____.
	A.	Net Domestic Product	B.	Net Domestic Percentage
	C.	Net Domestic Personnel	D.	Net Domestic Public
	Answer :-A
124	The major responsibility of RBI is __________.
	A.	healthy regulation	B.	monetary regulation
	C.	work regulation	D.	industrial regulation
	Answer :- B
125	The origin of Common law is in _____.
	A.	America	B.	Russia
	C.	England.	D.	India
	Answer :-A
126	The taking over of a private firm by the host country government to be run it as a government unit is ______.
	A.	confiscation	B.	nationalisation
	C.	expropriation	D.	domestication
	Answer :- B
127	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
	Answer :-B
128	Which can be a method of privatization
	A.	Denationalization	B.	Purchasing shares
	C.	Takeover	D.	Merger
	Answer :- A
129	In india liberalization and privatization began from
	A.	1991	B.	1971
	C.	1981	D.	1947
	Answer :-A
130	Secularism is understood to mean according equal encouragement to all ________
	A.	Country	B.	Ethics
	C.	Values	D.	Religion
	Answer :- D
131	______ involves freedom of doing business.
	A.	Globalization	B.	Privatization
	C.	Liberalization	D.	None of the Above
	Answer :-C
132	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
	Answer :- D
133	A valid definition of a business purpose is to __
	A.	Maximize profits	B.	Serve the society
	C.	Create a customer	D.	Increase the wealth in the firm
	Answer :-A
134	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
	Answer :- A
135	____________ environment is very significantly influenced by the world trade organization principles and agreements.
	A.	Economic	B.	Legal
	C.	Global	D.	Political
	Answer :-C
136	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
	Answer :- C
137	____________ is the market which helps existing investors to sell their securities
	A.	Primary market	B.	Capital market
	C.	Secondary market	D.	Commodity market
	Answer :-B
138	____________ is the institution which provides a platform for trading of existing securities having long-term maturity.
	A.	SEBI	B.	WTO
	C.	Stock exchange	D.	RBI
	Answer :- C
139	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
	Answer :-D
140	___________ is the integration of world economy into a single market through removal of trade barriers between countries
	A.	Privatisation	B.	Liberalisation
	C.	Globalisation	D.	Both (a) and (b)
	Answer :- B
141	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
	Answer :-B
142	The short term financial instruments traded in money market is commonly called
	A.	Bonds	B.	Shares
	C.	Notes	D.	Commercial Papers
	Answer :- D
143	The macro environment consists of ___
	A.	Economic political &legal	B.	Consumer competitors
	C.	Public	D.	Middlemen
	Answer :-A
144	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
	Answer :- D
145	_______plays the watch dog in order to ensure that both function in public interest and within the boundaries of constitution
	A.	Legislature	B.	Executive
	C.	Judiciary	D.	Public
	Answer :-C
146	Headquarters of World Trade Organization at
	A.	Geneva	B.	Japan
	C.	South Korea	D.	Russia
	Answer :- A
147	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
	Answer :-A
148	Economic growth can be measured by ___________
	A.	The cpi	B.	The cbi
	C.	Gdp	D.	Mpc
	Answer :- C
149	When was the first Five year Plan?
	A.	1950	B.	1951
	C.	1952	D.	1953
	Answer :-B
150	The environmental factor that includes peoples attitude to family, religion etc is
	A.	Cultural.	B.	Economic.
	C.	Socio- cultural.	D.	Political.
	Answer :- C
151	Social Stratification is done on the basis of
	A.	Income level	B.	Caste
	C.	Education	D.	All of the Above
	Answer :- D
152	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
153	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
154	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
155	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
156	WTO aims at:
	A.	Establishing rules for domestic trade	B.	Restricting trade practices
	C.	Liberalising international trade	D.	None of these
	Answer :- C
157	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
158	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
159	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
160	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
161	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
162	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
163	One of the long term objectives of the five year plan is reducing inequalities of ___ wealth and income
	A.	Increased	B.	Medium
	C.	Decreased	D.	Low level
	Answer :- A
164	World Bank' was founded in
	A.	October, 1948	B.	April, 1949
	C.	July, 1944	D.	May, 1945
	Answer :- C
165	Population is a component of the ______environment
	A.	Demographic	B.	Social
	C.	Natural	D.	Technology
	Answer :- A
166	Which plan gives priority for family planning
	A.	State policy	B.	Judicial policy
	C.	Industrial	D.	Energy
	Answer :- A
167	Governments policy towards industries is called as ____
	A.	Economic policy	B.	Industrial policy
	C.	Monetary policy	D.	Work policy
	Answer :- B
168	_______ technology saves time.
	A.	Capital intensive technology	B.	Labor intensive technology
	C.	Both	D.	None of the above
	Answer :- A
169	_______ technology helps to gain more profit.
	A.	Capital intensive technology	B.	Labor intensive technology
	C.	Both	D.	Can't say
	Answer :- D
170	_______ technology having less chance of Error.
	A.	Capital intensive technology	B.	Labor intensive technology
	C.	Both	D.	Cant say
	Answer :- A
171	_______ technology require more human efforts.
	A.	Capital intensive technology	B.	Labor intensive technology
	C.	Both	D.	Cant say
	Answer :-B
172	Strata means....
	A.	Group of same kind of people	B.	Group of different kind of people
	C.	Both	D.	Cant say
	Answer :- A
173	In some circles a multinational corporations is referred to ____________
	A.	Multinational collaboration	B.	Multinational entity
	C.	Multinational enterprises	D.	Multinational development
	Answer :-C
174	IMF stands
	A.	International money force	B.	International monetary fund
	C.	Indian money fund	D.	International multinational foreign
	Answer :- B
175	FERA is foreign exchange regulation act for __
	A.	Industries	B.	Small scale
	C.	Labor	D.	Owner
	Answer :-A
176	Gdp is _
	A.	Gross domestic product	B.	Gross domestic percentage
	C.	Gross domestic personnel	D.	Gross domestic public
	Answer :- A
177	Psu is ___
	A.	Private sector unit	B.	Private serious unit
	C.	Private steel unit	D.	Private scale unit
	Answer :-A
178	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
179	Who gave a practical shape to privatization
	A.	Margrat thatcher	B.	Louis peter
	C.	Williams	D.	Fayol
	Answer :-A
180	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
181	Which one of the following is a money market instrument?
	A.	Unit of mutual fund	B.	Debenture
	C.	Bond	D.	Treasury bill
	Answer :-D
182	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
183	Secondary market is in the form of
	A.	Stock exchange	B.	Money market.
	C.	New issue market.	D.	Commercial exchange.
	Answer :- A
184	SEBI is a regulator of
	A.	Capital market.	B.	Money market.
	C.	Commodity market	D.	Overseas market.
	Answer :-A
185	__________ feature of business environment states that various factors of business environment affect each other.
	A.	Pervasive	B.	Continuous
	C.	Dynamic	D.	Interrelatedness
	Answer :- D

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