Top 550+ Solved Business Management MCQ Questions Answer
Q. For efficient organisation the principle by which management should abide by
a. There should be a clear distribution between line and staff operation and control
b. A clear understanding of authority under each position
c. A well established and known system of communication
d. All of the above
e. None of the above
Q. NREP is the agency associated with
a. rural employment
b. industrial growth
c. adult education
d. removal of economic disparities
e. Rs. 17,50,500
Q. Which of the following is capital good
a. Cigarettes
b. Medicines in a hospital
c. New print
d. News paper
e. Car for factory manager
Q. Which one is not an economic good
a. Poison
b. Water in desert
c. Sand in river bed
d. Sand in desert
e. Trees in forests
Q. Lignite based power plant has been established in
a. Bikaner
b. Hazira
c. Rampur
d. Neyveli
e. Rs. 17,50,500
Q. People will tend to move out of money and into bonds if they think
a. The rate of interest is going to fall
b. The rate of interest is going to rise
c. The rate of interest is not going to change
d. The price of real goods will rise
e. Free income is going to be taxed by government
Q. Systematic evaluation of workers job performance and potential for cevelopment is called
a. Production
b. Human resource auditing
c. Appraisal
d. Training and development
e. None of the above
Q. The term 'OGL' is associated with
a. insurance
b. depreciation of machinery
c. import of goods
d. gross profit
e. Rs. 17,50,500
Q. Customers are likely to get a variety of goods under
a. Monopoly
b. Perfect competition
c. Oligopoly
d. Monopolistic competition
e. All of the above
Q. Which of the following is a necessary characteristic that must be present before an organiszation exists?
a. An objective
b. A collection of resources
c. A combination of people and things
d. A group of people resolving a common objective
e. None of the above
Q. Communication is defined as
a. Writing, speaking or signating
b. Receiving comprehensible information
c. The process by while thought is transpered to action
d. Transmitting information from one person, place or thing to another person, place or thing
e. All of the above
Q. The main advantage of indirect taxes is that
a. they are regressive in nature
b. easy to collect
c. arbitrary
d. capable of increased production
e. Rs. 17,50,500
Q. Devaluation affects imports by making it
a. costher
b. cheaper
c. competitive
d. prohibitive
e. Rs. 17,50,500
Q. The main advantage of line organisation is
a. Well defined responsibilities at all levels
b. Effective command and control
c. Rigid discipline
d. Quick decision making at all levels
e. All of the above
Q. The law of demand indicates the relationship between
a. The price of a commodity and the quantity demanded
b. The income of consumer and the quantity demanded
c. The relationship betweent he price of one commodity and the price of a substitute
d. The price of two commodities
e. All of the above