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Plus Two Business Studies, Chapter-3 Business Environment Online Test-1
Prepared By BINOY GEORGE MKNM HSSS Kumaramangalam, Idukki
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1."Introduction of internet banking in banking sector". Identify the environment referred here.
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1 point
Economic Environment
Social Environment
Legal Environment
Technological Environment
2.There is a heavy demand for fast food restaurants in Kerala due to the changes in the life style of the people. Describe the environment attached here?
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1 point
Political Environment
Legal Environment
Economic Environment
Social Environment
3. Most of the business houses in the world are locked-down due to Corona Covid -19 virus attack.This has adversely affected them. What kind of business environment is this?
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1 point
Political Environment
Legal Environment
Economic Environment
Social Environment
4. The integration of the various economies of the world leading towards the emergence of a cohesive (interconnected) global economy is known as .........
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1 point
Liberalisation
privatisation
Globalisation
Non of these
5.Cochin Shipyard, a Government of India undertaking has sold its 5% shares to the private entrepreneurs. Identify the economic policy referred here?
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1 point
Disinvestment
privatisation
Globalisation
Non of these
6. BPCL is a Government of India undertaking. Suppose Government decided to sell 75% of its share in BPCL to private entrepreneurs, what kind of economic policy is this?
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1 point
Disinvestment
privatisation
Globalisation
Non of these
7. It is because of an economic policy that the phones of foreign companies like Samsung, Apple etc. can be sold their products in Indian market. Identify that policy?
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1 point
Liberalisation
privatisation
Globalisation
Non of these
8.The act of cancelling the legal tender status of a currency in circulation is called.......
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1 point
Liberalisation
privatisation
Globalisation
Demonetisation
9.Which date Indian Government 'demonetised' the two largest denomination notes, 500 and 1000?
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1 point
November 28, 2014
November 27, 2018
November 8, 2016
October 28, 2017
10. which Industrial Policy rewrite the economic history of India by announcing Liberalisation, Privatisation and Globalisation?
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1 point
Industrial Policy 2016
Industrial Policy 1992
Industrial Policy 2000
Industrial Policy 1991
11.Under which environment change in taste, fashion and trend fall in.
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1 point
Legal environment
Political Environment
Economic Environment
Social Environment
12.What is L.P.G in context of business environment
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1 point
Locally Produced Goods
Liberalisation, Privatisation, Globalisation
Liquefied Petroleum Gas
None of these
13. On 1-11-2008 RBI reduced the Cash Reserve Ratio (CRR) to 5.5% to improve the availability of credit. Identify the environment to which it relates to
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1 point
Social environment
Political Environment
Legal environment
Economic environment
14.Which of the following is an example of social environment
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1 point
Education system and literacy rate
Fall in interest rates
Ideology of political parties
New inventions
15. Which of the following is an example of Technological environment
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1 point
Unemployment rate
Fall in interest rates
Introduction of competitors
New distribution system like online marketing
16. Which of the following is an example of Economic environment
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1 point
Health conscious of consumers
The constitution of the country
Introduction of competitors
New distribution system like online marketing
17. Abolition of unnecessary licencing and quotas are examples of........
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1 point
Globalisation
Privatisation
Liberalisation
Demonetisation
18. Give an example of change in Economic environment which affect business organisation.
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1 point
Belief, customs and traditions of people
New inventions
Implementation of GST in 2017
Rise in inflation rate
19. Which of the following does not the characterise the business environment?
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1 point
Uncertainty
Business lacks control over environment
Dynamic in nature
Certainty
20. Which of the following best indicates the importance of business environment?
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1 point
Helps to identify threats and early warning signal
Helpful in tapping and assembling required resources
Helps in coping with rapid changes
All of these
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