Top 550+ Solved Business Management MCQ Questions Answer
Q. Locating an individual onject from a group is
a. select
b. grasp
c. position
d. hold
e. Waiting time
Q. The deductions for Employees Provident Fund start
a. Immediately on joning the service
b. After one month of joining the service
c. After 120 days of joining of service
d. After 240 days of joining the service
e. After one year of joining the service
Q. Trade will occur when
a. Personnel values are different
b. Middle-men can profit by making trade
c. The exchange leads to more preferred situation for the traders
d. There is enough disparity between the consumption-substitution ratios to cover the costs of trades
e. All of the above
Q. Which of the following is not a form utility?
a. A carpenter
b. A transporter
c. A craftsman
d. A blacksmith
e. Rs. 17,50,500
Q. A vertical demand curve for a commodity shows that demand is
a. Highly elastic
b. Perfectly melastic
c. Fairly elastic
d. Moderately elastic
e. Totally inelastic
Q. Emerson plan is based on
a. standard time
b. time save
c. time worked
d. none of the above
e. None of the above
Q. Which of the following creates time utility?
a. Bank cashier
b. Carpenter
c. Farmer
d. Trader
e. Clerk
Q. Gross national income minus net national income equals
a. cost
b. taxes
c. depreciation
d. wages
e. Rs. 17,50,500
Q. Price elasticity of demand is best defined as
a. The change in the tastes of consumers at different prices
b. The rate of response of demand to a change in supply
c. The change in costs when output is increased by one unit
d. The rate of response of demand to a change in price
e. Being depended on whether the goods are a lusury or not
Q. The advantage of mass production is
a. better quality
b. use of new technology
c. sophistication
d. reduced cost of production
e. Rs. 17,50,500
Q. Which of the following depicts joint demand?
a. Magazine and newspaper
b. Coffee and tea
c. Lipstick and nail polish
d. Paper and book
e. Tooth paste and brush
Q. In wimplex method of linear programming the objective row of the matrix consists of
a. Coefficient of the objective function, which is the profit contribution per unit of each of the products
b. Names of the variables of the problems
c. Slack variables
d. Any of the above
e. None of the above
Q. Floating of a currency leads to
a. Devaluation
b. Revaluation
c. Over-valuation
d. Either revaluation or devaluation
e. Either revaluation or over-valuation
Q. Time standards developed as a result of time study may be used for
a. Wage incentives
b. Plant layout
c. Budgetary control
d. Equipment selection
e. Any of the above
Q. In case of paper money the face value is
a. less than its intrinsic value
b. more than its intrinsic value
c. same as its intrinsic value
d. Rs. 17,50,500