Explore Exams
Login Signup
Sign in Open App
B Com Exam  >  B Com Test  >  Business Environment  >  Test: Political Environment - 2 - B Com MCQ

Political Environment - 2 - Free MCQ Practice Test with solutions, B Com


MCQ Practice Test & Solutions: Test: Political Environment - 2 (10 Questions)

You can prepare effectively for B Com Business Environment with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Test: Political Environment - 2". These 10 questions have been designed by the experts with the latest curriculum of B Com 2026, to help you master the concept.

Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 10 minutes
  • - Number of Questions: 10

Sign up on EduRev for free to attempt this test and track your preparation progress.

Test: Political Environment - 2 - Question 1
Save

What is the term used to describe the laws and regulations set by the government that impact business operations?

Detailed Solution: Question 1

The laws and regulations set by the government that impact business operations are collectively referred to as the regulatory environment. This environment outlines the rules and boundaries within which businesses must operate, ensuring compliance and ethical conduct.

Test: Political Environment - 2 - Question 2
Save

Which fundamental duty in the Indian Constitution pertains to environmental protection?

Detailed Solution: Question 2

Article 51-A(g) of the Indian Constitution establishes the fundamental duty of every citizen to protect and improve the natural environment, including forests, rivers, lakes, wildlife, and to show compassion for living creatures.

Clear all your doubts with EduRev
Test: Political Environment - 2 - Question 3
Save

According to the Indian Constitution, which fundamental right has been interpreted to include the right to a clean environment?

Detailed Solution: Question 3

Article 21 of the Indian Constitution, which guarantees the right to life and personal liberty, has been interpreted by courts to include the right to a clean and healthy environment, crucial for a dignified life.

Test: Political Environment - 2 - Question 4
Save

Which constitutional amendment introduced Articles 48-A and 51-A(g) to the Indian Constitution?

Detailed Solution: Question 4

The 42nd Amendment to the Indian Constitution, passed in 1976, introduced Articles 48-A and 51-A(g), emphasizing the state's responsibility for environmental protection and citizens' duty to safeguard the environment.

Test: Political Environment - 2 - Question 5
Save

Under which article of the Indian Constitution does the state have a responsibility for environmental protection?

Detailed Solution: Question 5

The state's responsibility towards environmental protection is outlined in Article 48-A of the Indian Constitution, which emphasizes the state's duty to protect and improve the environment, safeguard forests, and preserve wildlife.

Test: Political Environment - 2 - Question 6
Save

What is the primary objective of fiscal policy?

Detailed Solution: Question 6

The primary objective of fiscal policy is to achieve full employment and economic growth by managing government expenditures, taxes, and public borrowing.

Test: Political Environment - 2 - Question 7
Save

Which constitutional amendment introduced Parts IX and IXA, giving constitutional sanction to democracy at the grassroots level through Panchayats and Municipalities?

Detailed Solution: Question 7

The 73rd Amendment introduced Part IX, providing constitutional sanction to Panchayats, while the 74th Amendment introduced Part IXA, extending the same to Municipalities, promoting grassroots democracy.

Test: Political Environment - 2 - Question 8
Save

Which component of fiscal policy is used to stabilize the economy by changing government expenditures and taxes?

Detailed Solution: Question 8

Fiscal policy uses demand management tools such as changing government expenditures and taxes to stabilize the economy and achieve desired growth and stability.

Test: Political Environment - 2 - Question 9
Save

Which objective of fiscal policy aims to reduce income inequalities among different sections of society?

Detailed Solution: Question 9

One of the objectives of fiscal policy is to achieve social justice by reducing income inequalities through progressive taxation and welfare programs.

Test: Political Environment - 2 - Question 10
Save

What is the main tool used by the government to mobilize financial resources for development?

Detailed Solution: Question 10

Taxation is the primary tool used by the government to mobilize financial resources for development, enabling it to fund various projects and programs.

51 videos|80 docs|18 tests
Join Course
Information about Test: Political Environment - 2 Page
In this test you can find the Exam questions for Test: Political Environment - 2 solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Political Environment - 2, EduRev gives you an ample number of Online tests for practice
51 videos|80 docs|18 tests
Join Course
Download as PDF

About this B Com Practice Test

This test contains 10 MCQs on Political Environment - 2 with detailed solutions for each question. It is part of the Business Environment course on EduRev, designed to align with the current B Com syllabus. Each solution explains not just the correct answer but also gives you an understanding of the topic — not just to attempt the question but also help you prepare for the exam with practice.

Explore more B Com Study Resources

If you found this Political Environment - 2 MCQ Test helpful, you can further enhance your B Com preparation with in-depth courses on EduRev, for all the subjects and topics available in Business Environment course. The course offers:
  • Video Lectures: covering all the topics of Business Environment
  • Notes for Revision: offering revision notes, important questions, summaries, flashcards, cheatsheets & more for B Com preparation
  • MCQ Test: variety of questions as per the pattern of B Com exam
Signup on EduRev and stay on top of your study goals
10M+ students crushing their study goals daily