Top 550+ Solved Business Management MCQ Questions Answer
Q. Salvaging means
a. Writing off the assets
b. Throwing away the assets
c. Setting the assets
d. Disposing off property which is no longer useful in present situation
e. None of the above
Q. In time study sone variations almost always occur from reading to reading for any element, even if the worker is not attempting to vary his pace. This variation is not caused by the following factors, among others
a. Random variations in operator movements and pace
b. Random variations in the positions of parts worked with
c. Random variations in the position of the tools used
d. Random variations caused by slight errors in watch reading
e. Random variations caused by electricity failures
Q. Interest is not paid by banks on
a. Fixed deposits
b. Recurring deposit
c. Savings deposits
d. Cash certificates
e. Traveller's cheq
Q. Which of the following is not the characteristics of human wants?
a. Some wants are complementary
b. Wants differ intensity
c. Wants are limited in number
d. Wants are satisfied for the time being and are, therefore recurrent
e. Rs. 17,50,500
Q. Which act provides for medical care of workmen?
a. Industrial Disputes Act
b. Workmen's Compensation Act
c. Employees State Insurance Act
d. Employees Provident Fund Act
e. All of the above
Q. If two commodities are jointly demanded they are
a. Inferior goods
b. Compliments
c. Necessities
d. Substitutes
e. Multiple goods
Q. A product layout is generally suggested for
a. Jobbing work
b. Batch production
c. Continuous type of production
d. Efficient machine utilization ratio
e. None of the above
Q. Which of the following does not represent time utility?
a. Old rice
b. Cold storage
c. Sand in cities
d. All of the above
e. Rs. 17,50,500
Q. The conditions to be fullfilled before the Standing orders are certified are
a. They Standing orders should provide for every matter set out in the schedule which is applicable to the Industrial establishment
b. The Standing orders should be in conformity with the provisions of the Act
c. The certifying officers or the Appellate authority shall before certifying the Standing orders adjusdicate upon the fairness or reasonableness of the provisions of any Standing orders
d. (A) and (B) above
e. (A), (B) and (C) above
Q. Saving is defined as
a. Accounting difference between current income and consumption
b. Sum of savings made by the different factors
c. Excess of expenditure over available income
d. Amount set aside for meeting unforeseen expenditure
e. None of the above
Q. The variance of a statistical distribution indicates
a. The average value of the distribution
b. The spread of the distribution
c. The value of the variate with the largest frequency
d. The difference between the extreme values in the distribution
e. None of the above
Q. During contract negotiations, what two territorial rights are weighed against each other?
a. Employee rights
b. Management rights
c. Government rights
d. (A) and (C)
e. (A) and (B)
Q. Principal wage and salary issues are all concerned with
a. Filling open positions with the most qualified personnal available
b. Creating an equitable pay system
c. Getting the most labour for the industry's expenditures
d. All of the above
e. None of the above
Q. The objective of an organizational hygiene program is
a. To prevent accidents
b. To make the workplace risk free
c. To supply emergency medical service to workers and their families
d. To prevent occupational diseases
e. Job specification
Q. The wage rate of brick layers is likely to rise due to
a. A depression in building industry
b. An increase in the demand for houses
c. The development of cheap industrial building process
d. A decrease in productivity of bricklayer
e. None of the above