BUSINESS ENVIRONMENT MCQ

Business environment is the sum totals of all factors external to the business firm and that greatly influence their functioning. It covers factors and forces like customers, competitors, suppliers, government, and the social, cultural, political, technological and legal conditions.

BUSINESS ENVIRONMENT MCQ

91. The most promising source of saving to finance development is
A. the profits of organized sector
B. profits of railway
C. profits of Government sector
D. only the profit of private sector

92. Assertion (A). Industrial policy 1991 initiated liberalisation of Indian economy.
Reason (R). Industrial growth was very slow before 1991.
A. Both (A) and (R) are true and (R) is the correct explanation of (A).
B. Both (A) and (R) are true but (R) is not the correct explanation of (A).
C. (A) is true but (R) is false.
D. (A) is false but (R) is true.

93. Central Government investment in industrial enterprises increased substantially in
A. three decades
B. two decades
C. four decades
D. one decade

94. Which among these is a factor affecting business Environment?
A. Value System
B. Human Resources
C. Both (A) and (B)
D. Neither (A) nor (B.

95. In which type of industries the public sector units play a dominant role?
A. petro chemical
B. fertilizers
C. steel industries
D. all of the above

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96. The “heavy industry” strategy of the Mahalanobis model was initiated in
A. first plan
B. second plan
C. third plan
D. fourth plan

97. Why the public sector took over a number of sick units from the private sector?
A. due to the social obligations of protecting employment
B. due to low manufacturing
C. due to the deficiency of managerial planning
D. none of these

98. What are the weaknesses of earlier approach to industrial development?
A. it was not efficiently implemented
B. it did not have the wider support of adequate agricultural development
C. it was not fully planned
D. all of the above

99. What is the first factor of Industrial Development?
A. Design
B. surplus of technical skill
C. Planning
D. Motivation

100. Which sector produced non-importable commodity?
A. Railways
B. Roadways
C. Electricity
D. Both (A) and (B)

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