Top 250+ Solved Business Environment MCQ Questions Answer
Q. ___________ is the integration of world economy into a single market through removalof trade barriers between countries.
a. Privatisation
b. Liberalisation
c. Globalisation
d. Both (a) and (b)
Q. 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
Q. The short term financial instruments traded in money market is commonly called
a. Bonds
b. Shares
c. Notes
d. Commercial Papers
Q. Macro environment is also known as ____
a. Direct environment
b. Indirect environment
c. Competitive environment
d. Social environment
Q. _____ micro environment is also known as direct environment
a. Economic
b. Political & legal
c. Competitors
d. Suppliers
Q. State directive principles are
a. Suggestion to direction
b. Instruments of instruction
c. Principles of instruction
d. Responsibility to state principles
Q. The macro environment consists of ___
a. Economic political &legal
b. Consumer competitors
c. Public
d. Middlemen
Q. What does micro environment consists of ___
a. Economic
b. Political &legal
c. Consumers competitors
d. Demographic
Q. 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
Q. _______ refers to all forces which have an economic impact
a. Technological environment
b. Political environment
c. Economic environment
d. Social environment
Q. What are the bodies which political environment consists of
a. Middlemen
b. Suppliers
c. Customer
d. Legislature executive & judiciary
Q. _________ decides on a particular course of action
a. Legislature
b. Executive
c. Judiciary
d. Public
Q. ________is also called government which implements whatever is decided by theparliament
a. Legislature
b. Executive
c. Judiciary
d. Public
Q. _______plays the watch dog in order to ensure that both function in public interest andwithin the boundaries of constitution
a. Legislature
b. Executive
c. Judiciary
d. Public