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Dr. Mitesh Popat's Quiz on Chapter 3 Business Environment

Total questions: 20

Worksheet time: 12mins

Name
Class
Date
1.

________ is an example of social environment

a)

Inflation

b)

Legislation

c)

Innovation

d)

Composition of Family

2.

________ is a dimension of business environment.

a)

Fashion

b)

Economic Environment

c)

Legislation

d)

Monetary Policy

3.

________ is not a branch of New Economic Policy.

a)

Legislation

b)

Liberalisation

c)

Privatisation

d)

Globalisation

4.

Demonetization is an example of (a)   environment.(Fill in the Blank)

5.

Which of the following is not a characteristic of buniess environment?

a)

Dynamic

b)

Integral

c)

Complexity

d)

Absolute

6.

________ is not an ingredient of political environment.

a)

Political System

b)

Political institutions

c)

Political Pholosophies

d)

Monetary Policy

7.

Which of the following is not a component of economic environment?

a)

Composition of Trade

b)

Infrastructure

c)

Economic Development

d)

Legislation passed by government

8.

"Baby milk powder should necessarily inform the buyers that mother's milk is the best for the baby." (a)   component of business environment is highlighted here. (Fill in the Blank)

9.

"Online platforms like Bigbasket, Milkbasket, Amazon Pantry etc., are providing facilities of ordering grocery items from their websites and apps." (a)   component of business environment is highlighted here. (Fill in the Blank)

10.

Which of the following was not one of the reasons for introducing New Economic Policy?

a)

Increasing fiscal policy

b)

Fall in price level

c)

Gulf Crisis

d)

Poor performance of public sector

11.

_________ is not a feature of demonetization.

a)

Elimination of Corruption

b)

Elimination of Counterfeit currency

c)

Money laundering

d)

Elimination of currency

12.

The basic aim of (a)   was to put an end to those restrictions which became hindrance in the development and growth of the nation.(Fill in the Blank)

13.

__________ is not a feature og business environment.

a)

Relativity

b)

Complexity

c)

Uncertainty

d)

Employability

14.

"Subsidy provided by the government to textile industries has a positive impact on textile businessmen." (a)   component of business environment is highlighted here. (Fill in the Blank)

15.

Privatization involves freedom for doing business. True / False?

(a)  

16.

Dynamic nature of business environment suggest that it is pervasive. True / False?

(a)  

17.

There are (a)   types of forces constituting business environment. (Fill in the Blank)

18.

(a)   is a process of selling of assets and / or stake of public Sector Undertakings. (Fill in the Blank)

19.

China was and is apicentre of COVID - 19, but the effect of COVID - 19 is felt by almost all countries of the world. This situation reminds us about one of the key element of new economic policy. Name it.

(a)  

20.

"With inclination of youth towards western culture, the scope of fast food, fitness centers and diet food and cold drinks is increasing. This relates social and technological environment." Which feature of business environment is highlighted here? Name it.

(a)