Top 250+ Solved Business Environment MCQ Questions Answer

From 196 to 210 of 239

Q. In India liberalization and privatization began from____.

a. 1991.

b. 1971.

c. 1981.

d. 1947.

  • c. 1981.

Q. Industrial policy of 1948 aimed at ______.

a. industrialization

b. growth of agriculture.

c. development of infrastructure .

d. development of service sector.

  • a. industrialization

Q. _______ state can have an elected or hereditary head.

a. Democratic.

b. Autocratic.

c. Socialized.

d. Republic.

  • a. Democratic.

Q. The era of deregulation / liberalization begin in ___.

a. 1950and51.

b. 1980.

c. 1991.

d. 1960.

  • a. 1950and51.

Q. ___________ occupies the central place in business.

a. People.

b. Raw material.

c. Labour.

d. Finished goods.

  • b. Raw material.

Q. India is good example for ________economy.

a. socialist.

b. mixed .

c. capitalist.

d. communist.

  • b. mixed .

Q. Business includes _____.

a. non-economic activities.

b. economic activities.

c. social activities.

d. production activities.

  • b. economic activities.

Q. What is the single word that can best describe today s business?

a. Technology.

b. Profit Making.

c. Change.

d. People.

  • c. Change.

Q. Is the modern business dynamic?

a. mass production.

b. mass marketing.

c. mass sales.

d. mass purchase.

  • a. mass production.

Q. 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.

  • a. create a customer.

Q. Is todays business is not characterized by diversification?

a. Social relationship.

b. Profit.

c. Customers.

d. Assets.

  • b. Profit.

Q. Is interference of government in business is common in every country?

a. 1960.

b. 1970.

c. 1980.

d. 1990.

  • a. 1960.

Q. ____refers to the system of moral principles and rules of conduct applied to business.

a. Business culture.

b. Business ethics.

c. Business.

d. Society.

  • b. Business ethics.

Q. Competition is beneficial to the competing firms besides benefiting the ______?

a. producers.

b. intermediaries.

c. finances.

d. consumers.

  • d. consumers.

Q. What are the main concepts concerning about business goals or objectives?

a. Mission, objectives.

b. Mission , targets.

c. Mission, objectives, target.

d. Target, objectives.

  • c. Mission, objectives, target.
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