Top 550+ Solved Business Management MCQ Questions Answer
Q. The mass production generally refers to
a. Large scale production
b. Flow production
c. Machine production
d. Computerized production
e. None of the above
Q. Standing orders are certified by
a. Management
b. Workers
c. Workers union
d. Management and workers union
e. Certifying officer of government
Q. The appellate authority for an industrial dispute is
a. Management
b. Labour court
c. High court/Supreme court
d. Labour Minister state/centre
e. Government
Q. Which one of the following will not affect the efficiency of labour?
a. Education and training
b. Better working conditions
c. Higher prices for final products
d. Improved medical service
e. All of the above
Q. Market demand for any good is a function of the
a. Price per unit of the good
b. Price per unit of other goods
c. Incomes of consumers
d. Tastes of consumers
e. All of the above
Q. Scheduling is the determination of
a. When and at what rate the products will be put out and the relative times at which specific activities shall occur
b. Actual production, how work is to be processed and what machines are to be used
c. Putting right jobs on right machines and at right times
d. Capacity of machines to do the job
e. None of the above
Q. Devaluation is resorted to
a. Belittle foreign currencies
b. Encourage exports
c. Give more value to home currency
d. Tide over post war difficulties
e. All of the above
Q. As a result of heavy taxes on a commodity its supply
a. increases
b. decreases
c. remains unaffected
d. Rs. 17,50,500
Q. During inflation
a. prices rise
b. prices drop
c. prices remain unchanged
d. prices fluctuate heavily
e. Rs. 17,50,500
Q. Saving is that portion of income that is
a. spent on luxuries
b. not spent on consumption
c. retained by the employer
d. none of the above
e. Rs. 17,50,500
Q. In work study the symbol => implies
a. Delay
b. Transport
c. Operation
d. Inspection
e. Temporary storage
Q. Under progressive tax
a. the tax rate goes on increasing with an increase in the level of income
b. the tax rate is constant
c. the tax rate goes on decreasing with an increase in the level of income
d. the tax rate is inversely proportional to the net income
e. Rs. 17,50,500
Q. Bin cards are used in
a. Machine loading
b. Accounts
c. Stores
d. Quality control
e. Preventive maintenance
Q. One of the essential conditions of perfect competition is
a. Product differentiation
b. Multiplicity of prices for identical product at any one time
c. Many sellers and few buyers
d. Many sellers and few sellers
e. Only one price for identical goods at any one time