Top 80+ Solved Principles of Economics and Management MCQ Questions Answer
Q. Which is the function of bank?
a. Acceptance of Deposits
b. Advances of Loans
c. Both A and B
d. None of the above
Q. ______ is India’s central banking institution, which controls the monetary policy of the Indian rupee.
a. RBI
b. CBI
c. SBI
d. All of the above
Q. Which is the function of RBI?
a. Issue of currency notes
b. Banker to government
c. Controller of credit
d. All of the above
Q. ________ is a science as well as an art.
a. Management
b. Production
c. Banking
d. None of the above
Q. Which is types of Management?
a. Top management
b. Middle level management
c. Lower level management
d. All of the above
Q. ______ is the ultimate source of authority.
a. Top management
b. Middle level management
c. Lower level management
d. All of the above
Q. Which is the skills of management?
a. Conceptual skills
b. Human skills
c. Technical skill
d. All of the above
Q. Which is the principles of management?
a. Division of work
b. Authority and responsibility
c. Unity of Direction
d. All of the above
Q. ______ is an organized group of people with a particular purpose.
a. Organization
b. Management
c. Company
d. None of the above
Q. Which one is the characteristics of organization?
a. Assigning the duties
b. Division of work
c. Coordination
d. All of the above
Q. Function of organization is _________.
a. Specialization
b. Coordination
c. Efficient functioning
d. All of the above
Q. Which is the types of organization?
a. Line organization
b. Staff organization
c. Committee organization
d. All of the above
Q. Power and authority is kept under top management is known as?
a. Centralization
b. Decentralization
c. Both A and B
d. None of the above