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Test: Business Environment- 3


30 Questions MCQ Test Business and Commercial Knowledge | Test: Business Environment- 3


Description
Attempt Test: Business Environment- 3 | 30 questions in 30 minutes | Mock test for Commerce preparation | Free important questions MCQ to study Business and Commercial Knowledge for Commerce Exam | Download free PDF with solutions
QUESTION: 1

Porter s model represents the relationship between _______.

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QUESTION: 2

________environment refers to all economic factors which have a bearing on the functioning of a business.

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QUESTION: 3

Capitalism stresses the philosophy of individualism believing in private Ownership comes under ____.

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QUESTION: 4

In which year socialism the tools production are not managed by government?
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QUESTION: 5

In capitalism ____ losses assumed by the customers.
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QUESTION: 6

Depreciation is permitted in communism ________.
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QUESTION: 7

In communism the state determines one s employer and employment ____.
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QUESTION: 8

The _____ socialism seems to fall between capitalism and communism ____.
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QUESTION: 9

Has the per capita income increased or decreased from 1980 to 2009 ___.
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QUESTION: 10

Population is a component of the total ______environment.
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QUESTION: 11

Which plan gives priority for family planning?
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QUESTION: 12

Governments policy towards industries is called as ________.
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QUESTION: 13

Industrial policy was set up in the year _______.
Solution:

In 1948, immediately after Independence, Government introduced the Industrial Policy Resolution. This outlined the approach to industrial growth and development. It emphasised the importance to the economy of securing a continuous increase in production and ensuring its equitable distribution.

QUESTION: 14

One of the objectives of industrial policy is to accelerate the rate of economic Growth and speed up industrialization___.
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QUESTION: 15

MRTP act was set up in the year _______.
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QUESTION: 16

The liberalization of the rules relating to FDI permitting _______% equity in wide range of Industries.
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QUESTION: 17

In some circles, a multinational corporations is also referred to ____________.
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QUESTION: 18

Multinational corporations is also referred to ____________.
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QUESTION: 19

FERA is foreign exchange regulation act for _________.
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QUESTION: 20

GDP is ____.
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QUESTION: 21

GNP stands for_____________________
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QUESTION: 22

SAIL is ______.
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QUESTION: 23

NDP is ____.
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QUESTION: 24

Who gave a practical shape to privatization?
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QUESTION: 25

In privatization SIP refers to _______.
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QUESTION: 26

The techniques of privatization are contract _______and concession.
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QUESTION: 27

There are _____sins of privatization.
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QUESTION: 28

The income level of residents in a country is indicated by _______.
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QUESTION: 29

--------is the process of analyzing the environment for the identification of factors which have impact on or have implication for the business.
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QUESTION: 30

PEST is an acronym which stands for ________.
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