Top 550+ Solved Business Management MCQ Questions Answer
Q. Which of the following will not happen if trade union forces up the wage bill?
a. Other things remaining the same firms profit will fall
b. More men will be employed because the higher wages attract them
c. Prices of the product will soon rise
d. Employers will substitute machines for men where possible
e. Fewer men will be employed
Q. Under the Apprenticeship Act
a. All industries have to necessarily train the Apprentices
b. Industries have to train Apprentices according to their requirement
c. Only industries owned by Government have to recruit apprentices
d. Only industries employing more than 500 workers have to recruit apprentices
e. None of the above
Q. Stock of raw materials held by a firm is known as its
a. fixed capital
b. working capital
c. circulating capital
d. none of the above
e. Rs. 17,50,500
Q. Sellers reserve price means
a. The seller refuses to sell the product till the minimum price (covering the cost of production) is offered
b. Seller refuses to sell the product at any price
c. Seller demands the price for whole of his product
d. A price which includes economic profits
e. A price determined for a batch of production
Q. The overall purpose of training, development is to
a. Increase organizational effectiveness
b. Increase profits
c. Prenant works obsolesence
d. Increase managrical effectiveness
e. None of the above
Q. The approximate annual rate of growth of population in India is
a. 1 to 2.5 percent
b. 5 to 7.5 percent
c. 8 to 10 pervent
d. 10 to 12 percent
e. 12.5 to 15 percent
Q. Which of the following is not classified as consumer goods?
a. Clothes
b. Furniture
c. Lubricants
d. Machines
e. Rs. 17,50,500
Q. Which is not the pair of compliment goods?
a. Tea and mild
b. Sweets and sugars
c. Whiskey and soda
d. Concrete and steel
e. Mustard oil and coconut oil
Q. Standing orders are applicable to
a. Voluntary
b. Statutory
c. Compulsory
d. Compulsory for big industries only
e. Compulsory for medium industries
Q. Various activities of project are shown on a bar chart by
a. Vertical line
b. Horizontal lines
c. Area of columns
d. Dotted lines
e. Cross marks
Q. Micro-hydel systems meet the power requirements of
a. industries only
b. urban residential areas
c. rural areas
d. All of the above
e. Rs. 17,50,500
Q. By the end of this century the target for nuclear power production is
a. 1000 MW
b. 5000 MW
c. 10,000 MW
d. 100,000 MW.
e. Rs. 17,50,500
Q. Which of the following groups of income receivers would benefit from deflation?
a. Salary earners
b. Debtors
c. Holders of ordinary shares
d. Preference share holders
e. Improved labour relations
Q. Dispatching is
a. determining how much work is to be done by operator
b. instructing an operator to begin work
c. intrupting an operator for correction
d. none of the above
e. None of the above
Q. Which of the following state has concentration of textile industries?
a. UP
b. Orissa
c. Gujrat
d. Kerala
e. Rs. 17,50,500