Top 550+ Solved Business Management MCQ Questions Answer

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Q. Which of the following is not a feature of developed economy?

a. Predominance of industries

b. High per capita income

c. Predominance of indirect taxes

d. High rate of capital formation

e. Rs. 17,50,500

  • c. Predominance of indirect taxes

Q. Standard time is defined as

a. Normal time

b. Normal time + allowances

c. Normal time + avoidable delays + allowances

d. Normal time + unavoidable delays + allowances

e. Normal time + idle time + allowances

  • b. Normal time + allowances

Q. In work study the symbol D implies

a. Delay

b. Transport

c. Operation

d. Inspection

e. Temporary storage

  • a. Delay

Q. Division of labour is helpful in

a. batch production

b. mass production

c. quality assurance

d. bulky goods

e. Rs. 17,50,500

  • b. mass production

Q. According to Mc Gregor's theory of management

a. All managers are complex in behaviour and it is difficult to get work done

b. X managers in organisation will not work and Y managers will work. The ratio X/Y depends on the organisational set up

c. The ratio X/Y is always on 0.5 for any organisation

d. X theory managers pressume that the average human being has an inherent dislike of work and will avoid it if he can

e. None of the above

  • d. X theory managers pressume that the average human being has an inherent dislike of work and will avoid it if he can

Q. In order to promote sales a company spends considerable amount on publicity by way of campaign on radio, TV, advertisement in papers etc. Such expenses in break even analysis are shown under

a. Fixed cost

b. Variable costs

c. Total costs line

d. Total sales line

e. Not shown in break even chart

  • b. Variable costs

Q. MRO inventories are

a. Machine repairs or Operation supplies

b. Money on repairs

c. Maintenance repair and Operation supplies

d. Mainly repair operations supplies

e. None of the above

  • c. Maintenance repair and Operation supplies

Q. Essential feature of deflation is

a. Fall in prices

b. Fall in exports

c. Rise in production

d. All of the above

e. None of the above

  • a. Fall in prices

Q. Assuming the statistical information is available, which of the following is the best measure of an increase in a country's economic efficiency?

a. Increase in real national income

b. Increase in real national income per head of the working population

c. Increase in net annual investment

d. Increase net annual private investment

e. Increase in transactions involving transfer of money

  • b. Increase in real national income per head of the working population

Q. The "system approach" to motivation attempts to avoid the incompleteness or one sidedness of other approaches to behaviour is made by integrating these kinds of motivational inputs

a. Individual, group and environmental factors

b. Roles, forms and traditions

c. Social, economic and political influences

d. Instinctual, lognitive and cultural effects

e. None of the above

  • a. Individual, group and environmental factors

Q. Reflation is

a. same as deflation

b. a controlled inflation of moderate degree

c. a temporary phase in which there is more production than demand

d. a condition under which production is regulated to be equal to demand

e. Rs. 17,50,500

  • b. a controlled inflation of moderate degree

Q. Against which type of account a cheque can be drawn?

a. Share account

b. Current account

c. Time deposit

d. Debenture account

e. All of the above

  • b. Current account

Q. Which one is very sensitive to changes in iterest rate

a. Supply of notes and coins

b. Supply of bank money

c. Speculative demand for money

d. Transactions demand for money

e. None of the above

  • c. Speculative demand for money

Q. The price which covers the variable cost as well as the fixed price is

a. Market price

b. Long run price

c. Short term price

d. Equilibrium price

e. Economic price

  • b. Long run price

Q. F.W. Taylor introduced a system of working known as

a. Line organisation

b. Line and staff organisation

c. Functional organisation

d. Effective organisation

e. None of the above

  • c. Functional organisation
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