Download UOC (University of Calicut) M.Com (Master of Commerce) Business Environment (Important Questions)
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
D. All of these
12. The pre-liberalisation
era of lndian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13. Which among these can be condition for the success of
privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14. Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
'15.
Which among these is monopolistic trade practice?
A. Unreasonablylimiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one
product
16. The lndustrial policy resolution was
passed first in
A. 1931
B. 1947
c. 1956
D. 1999
17. Planning is a
------
process
A. Goal Oriented
B. Flexible
C. Time bound
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
D. All of these
12. The pre-liberalisation
era of lndian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13. Which among these can be condition for the success of
privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14. Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
'15.
Which among these is monopolistic trade practice?
A. Unreasonablylimiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one
product
16. The lndustrial policy resolution was
passed first in
A. 1931
B. 1947
c. 1956
D. 1999
17. Planning is a
------
process
A. Goal Oriented
B. Flexible
C. Time bound
D. All of these
18. which among these is not a global force impacting the lndian Economy
A. Dynamics of capital flow
B. lntegrating the role of Purchasing
C. lntegrating the role of Technology
D. Need of Attitudinal Change
19. Globalisation is the term used to describe process of removal of restriction on
A. Foreign Trade
B. lnvestment
C. Both (A) and (B)
D. None of the above
20. For the purpose
of inquiry under the MRTP Act, the commission has the power
equivalent to
A. Civil court
B. consumer court
C. High court
D. None of these
21. 'The
age of Discontinuity' (1969) has been authored by
A. John Drydon
B. Cyril Debydeen
C. Peter F. Drucker
D. None of these
22. Laissez Faire policy is adopted in
A. Socialist Economic system
B. Capitalist Economic system
C. Mixed Economic System
D. Communist Economic System
23. which of the following is the vital question
in the economic system?
A. What to produce
B. How to produce
C. For whom to produce
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
D. All of these
12. The pre-liberalisation
era of lndian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13. Which among these can be condition for the success of
privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14. Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
'15.
Which among these is monopolistic trade practice?
A. Unreasonablylimiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one
product
16. The lndustrial policy resolution was
passed first in
A. 1931
B. 1947
c. 1956
D. 1999
17. Planning is a
------
process
A. Goal Oriented
B. Flexible
C. Time bound
D. All of these
18. which among these is not a global force impacting the lndian Economy
A. Dynamics of capital flow
B. lntegrating the role of Purchasing
C. lntegrating the role of Technology
D. Need of Attitudinal Change
19. Globalisation is the term used to describe process of removal of restriction on
A. Foreign Trade
B. lnvestment
C. Both (A) and (B)
D. None of the above
20. For the purpose
of inquiry under the MRTP Act, the commission has the power
equivalent to
A. Civil court
B. consumer court
C. High court
D. None of these
21. 'The
age of Discontinuity' (1969) has been authored by
A. John Drydon
B. Cyril Debydeen
C. Peter F. Drucker
D. None of these
22. Laissez Faire policy is adopted in
A. Socialist Economic system
B. Capitalist Economic system
C. Mixed Economic System
D. Communist Economic System
23. which of the following is the vital question
in the economic system?
A. What to produce
B. How to produce
C. For whom to produce
D. All of the above
24. Which of the following is not the objective of Competition act 2OO2?
A. Prohibition of abuse of dominant position
B. Prohibition of restrictive Trade practives
C. Prohibition of anti-competitive Agreement
D. Regulation of combinations
25. Which among these is not a restrictive trade practice?
A. Tie Up sales
B. Price Discrimination
C. Manipulation of Price
D. All are restrictive trade practices
26. ln lndia, Liberalisation & Privatisation began from
A. 1991
B. 197'1
c. 1981
D. 1947
27. Which one is not the main objective of Fiscal Policy in lndia?
A. To increase liquidity in economy
B. To promote price stability
C. To minimize the inequalities of income and wealth
D. To promote employment opportunities
28. FEMA signifies
A. Free Export management act
B. Foreign Exchange management act
C. Foreign Exchange monitoring act
D. Free Export marketing act
29. Which among these is not an objective of planning?
A. Economic growth
B. Setting of heavy industries
C. Modernisation
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
D. All of these
12. The pre-liberalisation
era of lndian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13. Which among these can be condition for the success of
privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14. Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
'15.
Which among these is monopolistic trade practice?
A. Unreasonablylimiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one
product
16. The lndustrial policy resolution was
passed first in
A. 1931
B. 1947
c. 1956
D. 1999
17. Planning is a
------
process
A. Goal Oriented
B. Flexible
C. Time bound
D. All of these
18. which among these is not a global force impacting the lndian Economy
A. Dynamics of capital flow
B. lntegrating the role of Purchasing
C. lntegrating the role of Technology
D. Need of Attitudinal Change
19. Globalisation is the term used to describe process of removal of restriction on
A. Foreign Trade
B. lnvestment
C. Both (A) and (B)
D. None of the above
20. For the purpose
of inquiry under the MRTP Act, the commission has the power
equivalent to
A. Civil court
B. consumer court
C. High court
D. None of these
21. 'The
age of Discontinuity' (1969) has been authored by
A. John Drydon
B. Cyril Debydeen
C. Peter F. Drucker
D. None of these
22. Laissez Faire policy is adopted in
A. Socialist Economic system
B. Capitalist Economic system
C. Mixed Economic System
D. Communist Economic System
23. which of the following is the vital question
in the economic system?
A. What to produce
B. How to produce
C. For whom to produce
D. All of the above
24. Which of the following is not the objective of Competition act 2OO2?
A. Prohibition of abuse of dominant position
B. Prohibition of restrictive Trade practives
C. Prohibition of anti-competitive Agreement
D. Regulation of combinations
25. Which among these is not a restrictive trade practice?
A. Tie Up sales
B. Price Discrimination
C. Manipulation of Price
D. All are restrictive trade practices
26. ln lndia, Liberalisation & Privatisation began from
A. 1991
B. 197'1
c. 1981
D. 1947
27. Which one is not the main objective of Fiscal Policy in lndia?
A. To increase liquidity in economy
B. To promote price stability
C. To minimize the inequalities of income and wealth
D. To promote employment opportunities
28. FEMA signifies
A. Free Export management act
B. Foreign Exchange management act
C. Foreign Exchange monitoring act
D. Free Export marketing act
29. Which among these is not an objective of planning?
A. Economic growth
B. Setting of heavy industries
C. Modernisation
D. None of these
30. Which among the following is not the instrument of monetary policy
A. Deficit financing
B. Statutory liquidity Ratio
C. Cash reserve ratio
D. Open market operation
31. Globalisation means
A. Setting of firms branches in other countries
B. Adopting a global outlook
C. Earning profit
from Exports
D. Attracting foreign investment
32. Which one is not an element of internal environment?
A. Marketingcapabilities
B. Operational Capabilities
C. Money and capital market
D. PersonalCapabjlities
33. A possible
obstacle to growth
of privatisation
is
A. Profit earned by public
enterprises
B. Sale of least profitable
enterprises
C. Licensing
D. All of these
34. Pollution
monitoring
and control is done by
A. Central
board of prevention
and control ofwater
pollution
B. Central
board of pollution
control
C. Central governmenl
D. None of the above
35. First industrral po
cy resolution
was issued
in
A. 1947
B. 1948
c. 1951
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
D. All of these
12. The pre-liberalisation
era of lndian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13. Which among these can be condition for the success of
privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14. Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
'15.
Which among these is monopolistic trade practice?
A. Unreasonablylimiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one
product
16. The lndustrial policy resolution was
passed first in
A. 1931
B. 1947
c. 1956
D. 1999
17. Planning is a
------
process
A. Goal Oriented
B. Flexible
C. Time bound
D. All of these
18. which among these is not a global force impacting the lndian Economy
A. Dynamics of capital flow
B. lntegrating the role of Purchasing
C. lntegrating the role of Technology
D. Need of Attitudinal Change
19. Globalisation is the term used to describe process of removal of restriction on
A. Foreign Trade
B. lnvestment
C. Both (A) and (B)
D. None of the above
20. For the purpose
of inquiry under the MRTP Act, the commission has the power
equivalent to
A. Civil court
B. consumer court
C. High court
D. None of these
21. 'The
age of Discontinuity' (1969) has been authored by
A. John Drydon
B. Cyril Debydeen
C. Peter F. Drucker
D. None of these
22. Laissez Faire policy is adopted in
A. Socialist Economic system
B. Capitalist Economic system
C. Mixed Economic System
D. Communist Economic System
23. which of the following is the vital question
in the economic system?
A. What to produce
B. How to produce
C. For whom to produce
D. All of the above
24. Which of the following is not the objective of Competition act 2OO2?
A. Prohibition of abuse of dominant position
B. Prohibition of restrictive Trade practives
C. Prohibition of anti-competitive Agreement
D. Regulation of combinations
25. Which among these is not a restrictive trade practice?
A. Tie Up sales
B. Price Discrimination
C. Manipulation of Price
D. All are restrictive trade practices
26. ln lndia, Liberalisation & Privatisation began from
A. 1991
B. 197'1
c. 1981
D. 1947
27. Which one is not the main objective of Fiscal Policy in lndia?
A. To increase liquidity in economy
B. To promote price stability
C. To minimize the inequalities of income and wealth
D. To promote employment opportunities
28. FEMA signifies
A. Free Export management act
B. Foreign Exchange management act
C. Foreign Exchange monitoring act
D. Free Export marketing act
29. Which among these is not an objective of planning?
A. Economic growth
B. Setting of heavy industries
C. Modernisation
D. None of these
30. Which among the following is not the instrument of monetary policy
A. Deficit financing
B. Statutory liquidity Ratio
C. Cash reserve ratio
D. Open market operation
31. Globalisation means
A. Setting of firms branches in other countries
B. Adopting a global outlook
C. Earning profit
from Exports
D. Attracting foreign investment
32. Which one is not an element of internal environment?
A. Marketingcapabilities
B. Operational Capabilities
C. Money and capital market
D. PersonalCapabjlities
33. A possible
obstacle to growth
of privatisation
is
A. Profit earned by public
enterprises
B. Sale of least profitable
enterprises
C. Licensing
D. All of these
34. Pollution
monitoring
and control is done by
A. Central
board of prevention
and control ofwater
pollution
B. Central
board of pollution
control
C. Central governmenl
D. None of the above
35. First industrral po
cy resolution
was issued
in
A. 1947
B. 1948
c. 1951
D. 1954
36. lndustrial (Development
& Regulation) Act was passed
by parliament in
A. 1947
B. 1949
c. 1951
D. 1956
37. lf the amount claimed by consumer is Rs. 89 Lacs, the case underthe
consumer
protection
act shall be filed with
A. District Consumer Redressal forum
B. State consumer Dispute Redressal Commission
C. National consumer Dispute Redressal Commission
D. Supreme court
38. The credit for inventing the word
"Privatisation" goes to
A. Elton Mayo
B. F.W. Taylor
C. L. Unruick
D. Peter Drucker
39. lndian businesses encounter the following problem in the
globalisation
A. lnfrastructural Bottleneck
B. Lack of interest shown bY MNC'S
C. Both (A) and (B)
D. None of these
40. lndustrial
policy resotution of 1948 was divided industries
into
A. 3 categories
B. 4 categories
C. 5 categories
D. 6 categories
41 . lndustrial
policy resolution
1956 divided industries
into
------
categories
A.2
8.3
C,4
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
D. All of these
12. The pre-liberalisation
era of lndian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13. Which among these can be condition for the success of
privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14. Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
'15.
Which among these is monopolistic trade practice?
A. Unreasonablylimiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one
product
16. The lndustrial policy resolution was
passed first in
A. 1931
B. 1947
c. 1956
D. 1999
17. Planning is a
------
process
A. Goal Oriented
B. Flexible
C. Time bound
D. All of these
18. which among these is not a global force impacting the lndian Economy
A. Dynamics of capital flow
B. lntegrating the role of Purchasing
C. lntegrating the role of Technology
D. Need of Attitudinal Change
19. Globalisation is the term used to describe process of removal of restriction on
A. Foreign Trade
B. lnvestment
C. Both (A) and (B)
D. None of the above
20. For the purpose
of inquiry under the MRTP Act, the commission has the power
equivalent to
A. Civil court
B. consumer court
C. High court
D. None of these
21. 'The
age of Discontinuity' (1969) has been authored by
A. John Drydon
B. Cyril Debydeen
C. Peter F. Drucker
D. None of these
22. Laissez Faire policy is adopted in
A. Socialist Economic system
B. Capitalist Economic system
C. Mixed Economic System
D. Communist Economic System
23. which of the following is the vital question
in the economic system?
A. What to produce
B. How to produce
C. For whom to produce
D. All of the above
24. Which of the following is not the objective of Competition act 2OO2?
A. Prohibition of abuse of dominant position
B. Prohibition of restrictive Trade practives
C. Prohibition of anti-competitive Agreement
D. Regulation of combinations
25. Which among these is not a restrictive trade practice?
A. Tie Up sales
B. Price Discrimination
C. Manipulation of Price
D. All are restrictive trade practices
26. ln lndia, Liberalisation & Privatisation began from
A. 1991
B. 197'1
c. 1981
D. 1947
27. Which one is not the main objective of Fiscal Policy in lndia?
A. To increase liquidity in economy
B. To promote price stability
C. To minimize the inequalities of income and wealth
D. To promote employment opportunities
28. FEMA signifies
A. Free Export management act
B. Foreign Exchange management act
C. Foreign Exchange monitoring act
D. Free Export marketing act
29. Which among these is not an objective of planning?
A. Economic growth
B. Setting of heavy industries
C. Modernisation
D. None of these
30. Which among the following is not the instrument of monetary policy
A. Deficit financing
B. Statutory liquidity Ratio
C. Cash reserve ratio
D. Open market operation
31. Globalisation means
A. Setting of firms branches in other countries
B. Adopting a global outlook
C. Earning profit
from Exports
D. Attracting foreign investment
32. Which one is not an element of internal environment?
A. Marketingcapabilities
B. Operational Capabilities
C. Money and capital market
D. PersonalCapabjlities
33. A possible
obstacle to growth
of privatisation
is
A. Profit earned by public
enterprises
B. Sale of least profitable
enterprises
C. Licensing
D. All of these
34. Pollution
monitoring
and control is done by
A. Central
board of prevention
and control ofwater
pollution
B. Central
board of pollution
control
C. Central governmenl
D. None of the above
35. First industrral po
cy resolution
was issued
in
A. 1947
B. 1948
c. 1951
D. 1954
36. lndustrial (Development
& Regulation) Act was passed
by parliament in
A. 1947
B. 1949
c. 1951
D. 1956
37. lf the amount claimed by consumer is Rs. 89 Lacs, the case underthe
consumer
protection
act shall be filed with
A. District Consumer Redressal forum
B. State consumer Dispute Redressal Commission
C. National consumer Dispute Redressal Commission
D. Supreme court
38. The credit for inventing the word
"Privatisation" goes to
A. Elton Mayo
B. F.W. Taylor
C. L. Unruick
D. Peter Drucker
39. lndian businesses encounter the following problem in the
globalisation
A. lnfrastructural Bottleneck
B. Lack of interest shown bY MNC'S
C. Both (A) and (B)
D. None of these
40. lndustrial
policy resotution of 1948 was divided industries
into
A. 3 categories
B. 4 categories
C. 5 categories
D. 6 categories
41 . lndustrial
policy resolution
1956 divided industries
into
------
categories
A.2
8.3
C,4
D.5
42. Globalisation means
A. Adopting a global outlook for business
B. lnviting multinationals in the country
C. Selling in the foreign market
D. All of the above
43.Consumer protection
in lndia is ensured by
A, Consumer protection
Act, 1946
B. Consumer protection
Act, 1986
C. Consumer protection
Act, 1990
D. Consumer protection
Act, 1968
44.VAT is imposed
A. Directly on Consumers
B. On final Stage of production
C. On all stages from Production to final sale
D. None of the above
45. As per Industrial Policy resolution 1956, reserved industries for public sector are
A. 12
B. 14
c. 16
D. 17
46, The concept
of small scale industries
(SSls) was brought to the fore by the
A. lndustrial
Policy Resolution
1948
B. lndustrial
Policy
Resolution
1956
C. lndustrial
Policy
Statement
1977
D. None
of the
above
az Environment
degradation
does not consist of
A. Land
degradation
and
soil erosion
B.
Problem
of over
grazing and ecological
degradation
FirstRanker.com - FirstRanker's Choice
Business
Environment
1 . By which act government
checks restrictive trade?
A. lndustrial Poticy Act 1991
B. MRTP Act.
C. FEMA act
D. None of these
2. Which of the following
does not fall within the
jurisdiction
of MRTp
commission?
A. Prevention
of Monopolistic
Trade practices
B. Prevention
of Restrictive
trade practices
C. Prohibition
of Unfair Trade
practices
D. Regulation
of Combinations.
3. Liberalizationmeans
A. Reducing
number
of reserved
industries
from 17 to
g
. B. Liberating
the industry,
trade and economy
from unwanted
restrictions
c opening
up of economy
to the worrd
by attaining
internationar
competitiveness
D. Free determination
of interest rates
o
,HXT,l".i.T3iny
taken over another
one and ctearty becomes
the new owner,
A. Merger
B. Acquisitioff
C. Strategic
Alliance
D. None
of the above
5 Relaxing
the restrictions
and
contrors
imposed
on Business
and industry
means
A. Liberalisation
B. Privatisation
C. Globalisation
D.
None
of the above
6. Company images and brand equity is factor affecting business
A. Externally
B. lnternally
C. Government Policy
D. None of these
7. Which among the following rs not opened for private
sector participation
A. Power sector
B. Telecommu nication sector
C. Education sector
D. Railways
8
_
is an economic system based on the principal
of free enterprise.
A. Capitalism .
B. Socialism
C. Mixed Economy
D. Marxism
9. what are the decisions taken by government
of lndia pertaining
to lndustrial
Sector in the new industrial policy
of 199.1?
A. VRS to shed the excess load of workers
B. Disinvestment
of public
sector share holding
C. Referring sick units to BIFR
D. All of the abovB
10.
.
A. monopolistic trade practice
is deemed to be prejudicial
to public
interest except
When
A. Authorized
by Central Government
B. Authorized by State Government
C. Authorized by Supreme Court
D. None of the above
11. Which among these is not a method of
prrvatisation?
A. De nation alisation
B. Franchrsing
C. Sale of Business
D. All of these
12. The pre-liberalisation
era of lndian Economy was under the grip of
A. Unemployment
B. Under-employment
C. Fiscal Deficit
D. Unfavorable and alarming balance of payment
13. Which among these can be condition for the success of
privatisation?
A. Alternative institutional arrangements
B. Barriers to enter the market
C. Measurability of performance
D. All of the above
14. Privatisation of ownership through sale of equity share is called
A. Denationalisation
B. Disinvestment
C. Contracting
D. None of these
'15.
Which among these is monopolistic trade practice?
A. Unreasonablylimiting competition
B. Manufacturing only one product
C. Limiting technical Development
D. Selling only one
product
16. The lndustrial policy resolution was
passed first in
A. 1931
B. 1947
c. 1956
D. 1999
17. Planning is a
------
process
A. Goal Oriented
B. Flexible
C. Time bound
D. All of these
18. which among these is not a global force impacting the lndian Economy
A. Dynamics of capital flow
B. lntegrating the role of Purchasing
C. lntegrating the role of Technology
D. Need of Attitudinal Change
19. Globalisation is the term used to describe process of removal of restriction on
A. Foreign Trade
B. lnvestment
C. Both (A) and (B)
D. None of the above
20. For the purpose
of inquiry under the MRTP Act, the commission has the power
equivalent to
A. Civil court
B. consumer court
C. High court
D. None of these
21. 'The
age of Discontinuity' (1969) has been authored by
A. John Drydon
B. Cyril Debydeen
C. Peter F. Drucker
D. None of these
22. Laissez Faire policy is adopted in
A. Socialist Economic system
B. Capitalist Economic system
C. Mixed Economic System
D. Communist Economic System
23. which of the following is the vital question
in the economic system?
A. What to produce
B. How to produce
C. For whom to produce
D. All of the above
24. Which of the following is not the objective of Competition act 2OO2?
A. Prohibition of abuse of dominant position
B. Prohibition of restrictive Trade practives
C. Prohibition of anti-competitive Agreement
D. Regulation of combinations
25. Which among these is not a restrictive trade practice?
A. Tie Up sales
B. Price Discrimination
C. Manipulation of Price
D. All are restrictive trade practices
26. ln lndia, Liberalisation & Privatisation began from
A. 1991
B. 197'1
c. 1981
D. 1947
27. Which one is not the main objective of Fiscal Policy in lndia?
A. To increase liquidity in economy
B. To promote price stability
C. To minimize the inequalities of income and wealth
D. To promote employment opportunities
28. FEMA signifies
A. Free Export management act
B. Foreign Exchange management act
C. Foreign Exchange monitoring act
D. Free Export marketing act
29. Which among these is not an objective of planning?
A. Economic growth
B. Setting of heavy industries
C. Modernisation
D. None of these
30. Which among the following is not the instrument of monetary policy
A. Deficit financing
B. Statutory liquidity Ratio
C. Cash reserve ratio
D. Open market operation
31. Globalisation means
A. Setting of firms branches in other countries
B. Adopting a global outlook
C. Earning profit
from Exports
D. Attracting foreign investment
32. Which one is not an element of internal environment?
A. Marketingcapabilities
B. Operational Capabilities
C. Money and capital market
D. PersonalCapabjlities
33. A possible
obstacle to growth
of privatisation
is
A. Profit earned by public
enterprises
B. Sale of least profitable
enterprises
C. Licensing
D. All of these
34. Pollution
monitoring
and control is done by
A. Central
board of prevention
and control ofwater
pollution
B. Central
board of pollution
control
C. Central governmenl
D. None of the above
35. First industrral po
cy resolution
was issued
in
A. 1947
B. 1948
c. 1951
D. 1954
36. lndustrial (Development
& Regulation) Act was passed
by parliament in
A. 1947
B. 1949
c. 1951
D. 1956
37. lf the amount claimed by consumer is Rs. 89 Lacs, the case underthe
consumer
protection
act shall be filed with
A. District Consumer Redressal forum
B. State consumer Dispute Redressal Commission
C. National consumer Dispute Redressal Commission
D. Supreme court
38. The credit for inventing the word
"Privatisation" goes to
A. Elton Mayo
B. F.W. Taylor
C. L. Unruick
D. Peter Drucker
39. lndian businesses encounter the following problem in the
globalisation
A. lnfrastructural Bottleneck
B. Lack of interest shown bY MNC'S
C. Both (A) and (B)
D. None of these
40. lndustrial
policy resotution of 1948 was divided industries
into
A. 3 categories
B. 4 categories
C. 5 categories
D. 6 categories
41 . lndustrial
policy resolution
1956 divided industries
into
------
categories
A.2
8.3
C,4
D.5
42. Globalisation means
A. Adopting a global outlook for business
B. lnviting multinationals in the country
C. Selling in the foreign market
D. All of the above
43.Consumer protection
in lndia is ensured by
A, Consumer protection
Act, 1946
B. Consumer protection
Act, 1986
C. Consumer protection
Act, 1990
D. Consumer protection
Act, 1968
44.VAT is imposed
A. Directly on Consumers
B. On final Stage of production
C. On all stages from Production to final sale
D. None of the above
45. As per Industrial Policy resolution 1956, reserved industries for public sector are
A. 12
B. 14
c. 16
D. 17
46, The concept
of small scale industries
(SSls) was brought to the fore by the
A. lndustrial
Policy Resolution
1948
B. lndustrial
Policy
Resolution
1956
C. lndustrial
Policy
Statement
1977
D. None
of the
above
az Environment
degradation
does not consist of
A. Land
degradation
and
soil erosion
B.
Problem
of over
grazing and ecological
degradation
D.
Floods
None of the above
The MRTP Act of 1969 was abolished in
A. 1991
B. 2002
c. 2006
D. None of the above
lndia abolished quantitative
restrictions on imports of 1429 items in 2OO0 and
2001 as per
the commitment to which of the following
A. SAFTA
B. GATT
C. WTO
D. NAM
Micro factors of external business environment does not include
A. Competitors
B. Customers
C. Government Policies
D. None of these
49.
50.
FirstRanker.com - FirstRanker's Choice
This post was last modified on 26 December 2019