Top 250+ Solved Business Environment MCQ Questions Answer
Q. 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
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
Q. The Constitution declares India to be a sovereign, socialist, secular, democratic republic, assuring its citizens of justice, equality, and liberty, and endeavours to promote fraternity among them. The words "socialist" and "secular" were added to the definition in year:
a. 1956
b. 1976
c. 1970
d. 1952
Q. 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
Q. ____________ environment is very significantly influenced by the world tradeorganization principles and agreements.
a. Economic
b. Global
c. Legal
d. Political
Q. 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
Q. __________ feature of business environment states that various factors of businessenvironment affect each other.
a. Pervasive
b. Continuous
c. Dynamic
d. Interrelatedness
Q. Competition is beneficial to the competing firms besides benefiting the ___
a. Producers
b. Intermediaries
c. Finances
d. Consumers
Q. ___________ is a short-term unsecured promissory note issued by reputed businessorganisations at a price lower than its face value and redeemable at par.
a. Treasury bill
b. Commercial paper
c. Certificate of deposit
d. Promissory note
Q. ________ is a source of financing to meet very short-term fund requirements ofcommercial banks with a provision of renewal.
a. Treasury Bill
b. Commercial Paper
c. Certificate of Deposit
d. Call Money
Q. ____________ is the market which helps existing investors to sell their securities.
a. Primary market
b. Secondary market
c. Capital market
d. Commodity market
Q. ____________ is the institution which provides a platform for trading of existingsecurities having long-term maturity.
a. SEBI
b. WTO
c. Stock exchange
d. RBI
Q. _______is the primary motive for a business enterprise
a. Profit
b. Maximize customers
c. Human objective
d. Maximize suppliers
Q. 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
Q. ________is the business through which new ideas and innovations are given a sharp andare converted into useful products and services
a. Market leadership
b. Challenge
c. Joy of creation
d. Growth