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Dimensions & Methodology of Business Studies - Internal

Total questions: 20

Worksheet time: 20mins

Name
Class
Date
1.

New Economic Policy was implemented in India in the year ___________

a)

1989

b)

1947

c)

1991

d)

1995

2.

(a)   refers to the integration of the various economies of the world into a single economy.

3.

The planning commission of India was set up in the year (a)  

4.

First five year plan was introduced in the year ______________

a)

1956

b)

1950

c)

1955

d)

1951

5.

EDI stands for (a)  

6.

Which of the following is not an element associated with a Credit Card?

a)

Reward points

b)

Grace period

c)

Credit score

d)

Avoids over spending

7.

Choose the correct statement.

a)

C to C business model is more applied for inferior goods

b)

NITI Aayog was formed in the year 2013

c)

14 banks were nationalized in the year 1980

d)

Life insurance sector was nationalized in the year 1956

8.

Select the incorrect statements.

a)

'Make in India' initiative was launched in the year 2014

b)

There is no repayment for a debit card

c)

First five year plan was started in the year 1950

d)

Vertical outsourcing is done in a particular industry for a specialized business function

9.

C to C business model is more used for _________________

a)

Service sector firms

b)

Used products

c)

Wholesale products

d)

Special employee offers

10.

Limitations of credit card does not include _______________

a)

Interest rates

b)

Grace period

c)

Frauds

d)

Limited access

11.

Which of the following is not an advantage of E-commerce?

a)

Mass marketing

b)

Digital payment

c)

Monopoly

d)

Intangibility

12.

Pick the odd one out

a)

Total Decentralization

b)

Financial restructuring

c)

Joint venture

d)

Liquidation

13.

Organisational measures of privatisation include __________

a)

Leasing

b)

Financial restructuring

c)

Decentralisation

d)

Joint venture

14.

Which of the following is not a disadvantage of globalisation?

a)

Unfavorable Balance of Trade position

b)

Culture & Tradition damage

c)

Increased exports

d)

Ecological issues

15.

Which of the following is common for both credit & debit cards ?

a)

Limited accessibility

b)

Penal interest

c)

Fraud

d)

Avoids over spending

16.

Pick the odd one out.

a)

Google Pay

b)

PayPal

c)

Paytm

d)

PhonePe

17.

Which of the following are the objectives of disinvestment ?

a)

Reduces the financial burden of government

b)

Increasing the exports and reducing imports

c)

Removing the commercial risk of public sector

d)

Improving the Balance of Payment position

18.

Which of the following is incorrect about liberalisation?

a)

Controlled economy to an uncontrolled economy

b)

Licencing era to a delicencing era

c)

Closed to an opened economy

d)

Popularly known as License Raj

19.

Which of the following is not a measure of adopting globalisation in India ?

a)

Devaluation of currency

b)

Allowing Foreign Direct Investment

c)

Reduction of customs tariff

d)

None of these

20.

Which of the following is associated with the role of cooperative sector in India ?

a)

Innovation

b)

Profitability

c)

Micro finance

d)

Expansion & Diversification