Business Environment

1) In the comparison to direct enterprise level _______________ can be a cost effective means to achieve significant impact by reading large numbers of enterprises. a) Support b) Policy reforms c) Both (a) and (b) d) Performance 2) The rapid pace of change in production processes and product innovation affect the business a) Machines b) Technological c) Mechanical d) All of the above 3) What is the reason that markets change rapidly? a) New technology b) New competitor c) Customers and need to wants d) All of the above 4) The business also needs to be aware of their ____________. a) Business liabilities b) Social responsibilities c) Both (a) and (b) d) None of the above 5) Which of environment play a crucial role in the strategic management processes a) Internal b) External c) Both (a) and (b) d) Social environment 6) Organization s ____ and competency in terms of resources and strategies Helps in planning a) External capability b) Management capability c) Internal capability d) All of the above 7) What could be a thrent in SWOT? a) Location of your business b) Lake of marketing experience c) Price wars with competitions d) Damaged reputation 8) Which of the following could be an opportunity _ a) A new innovation product or service b) Quality process c) Quality procedures

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d) A new international market Which of the following could be Strength? a) Price wars with competitions b) A new international market c) Both (a) and (b) d) None of the above Taxation introduced on your product or service could be a? a) Weakness b) Opportunity c) I hreat d) None of the above Location of your business could be a _ a) Strength b) Weakness c) Both (a) and (b) d) None of the above What is the simple rule for successful SWOT analysis? a) Be realistic b) Avoid complexity and over analysis c) Avoid grey areas d) All of the above What is the functional area which includes leverage, profitability and found flows? a) Survey b) Brainstorming c) Delphi d) None of the above What is the functional area which includes leverage, profitability and fund flows. a) Human resources b) Production areas c) Research and development d) Finance and accounting India has no fundamental conflict between its ___________ policies a) Economical and industrial b) Political and industrial c) Political and economical d) None of the above Over __________ % of the Indian population earns its live hood from agriculture proceeds. a) 55% b) 44% c) 77% d) 66% Outsourcing to India has been primarily in the areas of _____________.

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a) Government sector service and private sector services b) Technical support and industrial support c) Industrial support to private sector services d) Technical support and customer services In which year the purchasing power parity figure for India was 1.5 million U S Dollars. a) In 2005 b) In 2006 c) In 2007 d) In 2008 From financial year 1951 to 1979, the economy grew at an average rate of about ______ percent a year in constant prices. a) 4.1 b) 3.2 c) 3.1 d) 2.1 The first world oil crisis arise was in the year ________ a) 1972-1974 b) 1974-1976 c) 1973-1975 d) 1973-1974 What is the extended from of GDP? a) Gross development process b) Gross domestic process c) General domestic product d) None of the above In Which year Prime Minister Indira Gandhi had nationalized 14 banks? a) 1979 b) 1959 c) 1969 d) 1967 India is a diverse country, a fact that is visibly prominent in its ___________. a) Climate b) Culture c) Both (a) and (b) d) None of the above A spectrum of ideologies can be identified ranging from ________. a) Socialism to capitalism b) Capitalism to socialism c) Both (a) and (b) d) None of the above Public ownership of business is the norm and there is substantial government regulation of the working of the free market.

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a) Capitalist system b) Political system c) Socialist system d) None of the above ________ can be defined as the impact of political change on the export firm s operations and decision-making process. a) Firms risk b) Business risk c) Political risk d) All of the above Political risk is of _______________ a) Micro nature b) Macro nature c) Both (a) and (b) d) None of the above The India s economy grows at 9.2 % in the year ______. a) 2005 b) 2006 c) 2007 d) 2008 The period from 1991 to 1997 the sea of change in the 1 structure of political economy of India was covered a) Internal b) External c) Both (a) and (b) d) None of the above FDI was allowed to the tune of ____________. In Period from 1991-1997. a) 52% b) 53% c) 51% d) 54% In the period from 1991-1997 rupee was sharply devalued by about __________. a) 10% b) 20% c) 30% d) 40% Centre state relations means _______ a) The relation of centre b) Centre state units c) The relation between centre and its units d) None of the above The Supreme Court came into power on ___________.

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a) 28th July 1950 b) 28th Jan 1940 c) 28th Jan 1950 d) None of the above What is requirement for being a judge of Supreme Court? a) Person has experience of minimum fine years as a judge in High court b) Person has experience of other two courts one after another c) Being a citizen of India is one of the most important criteria d) All of the above The appellate jurisdiction is mentioned in articles ____________. a) 133 (1) b) 132 (1) c) 134 d) All of the above The ____________ in India take care Supreme Court a) District Court b) Lower Court What is the extended from of CJM? a) Civil judge magistrate b) Chief judicial master c) Civil judicial magistrate d) None of the above Which year first general elections under the new constitution were held? a) 1952-53 b) 1951-52 c) 1949-50 d) None of the above The first elected parliament came into being in ______________. a) May, 1952 b) April, 1952 c) July, 1952 d) August,1952 How many members the Rajya Sabha is to consist? a) 255 b) 256 c) 258 d) 250 How many members are nominated by the president, out of total Rajya Sabha members? a) 15 b) 12 c) 20 d) 14

42) The second Lok Sabha came into being in ________ a) April 1956 b) April 1957 c) April 1958 d) April1959 43) Hindi nomenclature of Lok Sabha was adapted on ____________. a) 15 May 1954 b) 14 May 1955 c) 15 May 1955 d) 14 May 1954 44) What is the maximum strength of the members of Lok Sabha ? a) 555 b) 558 c) 552 d) 554 45) What is the responsibility of the president for making a wide variety of appointments? a) The Attorney general b) The comptroller and Auditor general c) Governors if status d) All of the above 46) The ________ Of the India is the de jure commander in chief of the Indian armed forces. a) Prime minister b) Lok Sabha pati c) President d) Vice president 47) Particularly in cases involving punishment of death, who can grant a pardon to a convicted person? a) Prime minister b) Lok Sabha pati c) President d) Vice president 48) Agriculture provides livelihoods to_________ of the rural people. a) 70 % b) 50 % c) 60 % d) 75 % 49) How many areas of study horticulture does involves? a) Five b) Four c) Six d) Eight 50) Public expenditures on agricultural subsides such as for ____________. a) Power

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b) Irrigation c) Fertilizers d) All of the above Who is widely hailed as the chief architect of India economic reforms? a) Soniya Gandhi b) Pratab Mukharji c) Dr. Mannmohan Singh d) None of the above The rate of growth of the economy improved in the year a) 1970s b) 1990s c) 1980s d) 2000s Prime Minister Narasimha Rao along with his finance minister ____________ initiated the economic liberalization of 1991. a) Yasawant Singh b) Atal Bihari Bajapayee c) Manmohan Singh d) None of the above India has the world s _________ coal reserves. a) 2nd largest b) 3rdlargest c) 4thlargest d) 5thlargest ___________ is a characteristics bundle of behaviors. a) Lifestyle b) Characteristics c) Culture d) Behavior The Indian culture varies like its vast: a) Lifestyle b) Geography c) Beliefs d) None of the above Supreme court can also enforce fundamental rights according to ________ of the constitution of India a) Article 31 b) Article 32 c) Article 33 d) Article 34 ______ is the supreme legislative body of India a) Supreme court

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b) Parliament c) High court d) President of India The Rajya Sabha is to consist of not more than ___________ members: a) 200 b) 280 c) 250 d) 300 The chemical industry in India is one of the _________ domestic industries. a) New b) Basic c) Oldest d) Fundamental The objective of disinvestment policy of government is: a) To improve public finances b) To find growth c) To depoliticize essential services d) All of the above __________ Induction is encouraged both through FDI and through foreign technology collaboration agreements. a) Foreign technology b) FDI c) Foreign collaboration d) None of the above India is the ________ largest economy in the world. a) Third b) Fifth c) Fourth d) Sixth The process of transformation of local or regional phenomena into global ones is known as: a) Globalization b) Privatization c) Liberalization d) All of the above Which of the following can bring higher growth and prosperity for a country a) Industrial policy b) Fll c) FDI d) GDP In______ immediately after independence, government introduced the industrial policy resolution. a) 1947 b) 1949

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c) 1948 d) 1951 Which of the following is not the scope of business ethics: a) General business ethics b) Ethics of accounting information c) Ethics of human resource management d) Ethics in economy Ethics is derived from the Greek ethics, meaning is: a) Character b) Quality c) Earning d) Lifestyle The FDI relationship consists of a parent enterprise and a foreign affiliate which together form as: a) Tram-national corporation b) Multinational c) Joint venture d) Collaboration ___________ Of a nation is the true determinant of foreign investment. As well as domestic investment. a) FEMA b) Industrial policy c) MRTP d) Government policy

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