• 1. 
    Regulation of business is done by

  • Company itself
  • Government
  • Outsiders
  • Directors
  • 2. 
    The Macro Environment is the wider environment in which the business operates and does therefore not have any control over.

  • True
  • False
  • 3. 
    Economic reform in India were initiated in the year

  • 1990
  • 1993
  • 1995
  • 1991
  • 4. 
    Special programs being run by the government for the

  • Vulnerable sections of the society
  • Those who are interested
  • All people
  • None of these
  • 5. 
    Normally industries prefer locations near to

  • Source of raw material
  • Sea
  • Cities
  • Mountains
  • 6. 
    Technological environment is

  • Static
  • Dynamic
  • Rigid
  • None of these
  • 7. 
    Culture has strong influence in

  • Eastern countries
  • Western countries
  • Developed countries
  • None of these
  • 8. 
    Following is not a specific force environment?

  • customers
  • suppliers
  • creditors
  • social
  • 9. 
    A set of guidelines for maintaining ethics in the workplace.

  • Code of Ethics
  • Code of Conduct
  • Integrity
  • Code of Honor
  • 10. 
    Five year planning is a

  • Medium term activity
  • Long term activity
  • Short term activity
  • None of these
  • 11. 
    The agency responsible for monetary policy in India

  • Finance Ministry
  • RBI
  • MOSPI
  • Parliament
  • 12. 
    What is Ethics to do with?

  • Business
  • The wider community
  • Right and wrong
  • Nothing
  • 13. 
    Main characteristic of Indian society

  • Unity
  • Social stratification
  • Single identity
  • None of these
  • 14. 
    If your proprietary know-how of "green" processes is difficult to transfer to other firm, the most effective strategy would be

  • Foreign Direct Investment
  • Licensing
  • Exporting
  • 15. 
    Chairperson of NITI Aayog

  • Prime Minister
  • President
  • Finance Minister
  • None of these
  • 16. 
    The policy that deals with revenues and expenditures of

  • Monetary policy
  • Fiscal policy
  • Tax policy
  • Revenue policy
  • 17. 
    _______ means removal of entry and growth restrictions on the private sector.

  • liberalisation
  • privatisation
  • globalisation
  • 18. 
    The environment that surrounding the business is

  • Micro environment
  • Macro environment
  • Near environment
  • Bounded environment
  • 19. 
    Backward areas require

  • Financial assistance
  • Entrepreneurial support
  • Tax incentives
  • All of these
  • 20. 
    The establishment of a wholly new operation in a foreign country is called:

  • An acquisition
  • A merger
  • A greenfield investment
  • A multinational venture
  • 21. 
    Business works in isolation

  • Yes
  • No
  • Can’t say
  • None of these
  • 22. 
    Deficit in balance of payments arises when foreign payments for ______________ exceeds foreign receipts from _________________.

  • import, export
  • export , import
  • 23. 
    Last five year plan period is

  • 12th 2012-2017
  • 13th 2017-2022
  • 11th 2007-2012
  • None of these
  • 24. 
    High economic growth means high human development

  • Always correct
  • Always not correct
  • Depends on the efforts
  • None of these
  • 25. 
    Liberalization means

  • Free trade
  • Easing restrictions on business
  • New rules and regulations
  • None of these
  • 26. 
    Regional imbalances in India are largely due to

  • Concentration of raw material sources
  • Lack of education and knowledge at local level
  • Lack of local entrepreneurship
  • All of these
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