On This Page
This set of Business Management Multiple Choice Questions & Answers (MCQs) focuses on Business Management Set 20
Q1 | The main disadvantage of line organisation is
- Communication delay
- Rigid structure
- Top level executions over work
- All the above
- None of the above
Q2 | A worker's real wages are determined by
- The average daily wage
- The purchasing power of his earnings
- The money value of his production
- The actual amount paid in lieu of work done
- Any of the above
Q3 | Which of the following is not a financing institution?
- IFCI
- IDBI
- FCI
- IRCI
- Rs. 17,50,500
Q4 | Which of the following place is not associated with steel plant?
- Salem
- Visakhapatnam
- Bhadravati
- Udaipur
- Rs. 17,50,500
Q5 | Which of the following is not wealth?
- Office building
- Goodwill of a firm
- Services of a consultant
- Water in sea
- Rs. 17,50,500
Q6 | Which of the following item enjoys governemtn subsidy?
- Fertiliser
- Petroleum
- Cooking gas
- Cloth
- Rs. 17,50,500
Q7 | A captive power plant is
- established by a industry to meet its own requirements
- an emergency power plant for peak load
- a power plant operated in case of emergency only
- one which directly drives the machine without producing electrical energy
- Rs. 17,50,500
Q8 | Rourkela steel plant has been established in collaboration with
- UK
- Germany
- USSR
- USA
- Rs. 17,50,500
Q9 | The most frequent form of occupational disease is produced by
- Skin irritants
- Noise
- Contamination
- Radiation
- Job specification
Q10 | In a field you see ten workers harvesting raice with bare hands. The reapers are not unemployed. Then this is a case of
- Under production
- Lack of skill
- Labour intensive production
- Bonded labour system
- Disguised unemployment
Q11 | The imposition of a tariff by country A on imports from country B
- Always benefits A
- Always benefits B
- May benefit A, if B does not retaliate
- Could benefit both countries provided B retaliates
- Depends on the shape of reciprocal demands
Q12 | Equilibrium exists between
- Buyers and sellers
- Supply and demand
- Price and quality
- Quantity and quantity
- All of the above
Q13 | An industrial dispute is a dispute, disagreement or difference between
- Management and government
- Management and workers
- Workers and workers
- Trade unions and trade unions
- (A), (C) and (D) only
Q14 | Which of the following is not ensured in a socialistic system of economy?
- Economic equality
- Economic stability
- Private initiative
- Best optimum use of available resources
- Rs. 17,50,500
Q15 | Time study is not used
- To determine overhead expenses
- To provide a basis for setting piece prices or incentive wages
- To determined standard costs
- To determine the number of machines a person may run
- To compare alternative method
Q16 | Which of the following is not a feature of developed economy?
- Predominance of industries
- High per capita income
- Predominance of indirect taxes
- High rate of capital formation
- Rs. 17,50,500
Q17 | Standard time is defined as
- Normal time
- Normal time + allowances
- Normal time + avoidable delays + allowances
- Normal time + unavoidable delays + allowances
- Normal time + idle time + allowances
Q18 | In work study the symbol D implies
- Delay
- Transport
- Operation
- Inspection
- Temporary storage
Q19 | Division of labour is helpful in
- batch production
- mass production
- quality assurance
- bulky goods
- Rs. 17,50,500
Q20 | According to Mc Gregor's theory of management
- All managers are complex in behaviour and it is difficult to get work done
- X managers in organisation will not work and Y managers will work. The ratio X/Y depends on the organisational set up
- The ratio X/Y is always on 0.5 for any organisation
- X theory managers pressume that the average human being has an inherent dislike of work and will avoid it if he can
- None of the above
Q21 | In order to promote sales a company spends considerable amount on publicity by way of campaign on radio, TV, advertisement in papers etc. Such expenses in break even analysis are shown under
- Fixed cost
- Variable costs
- Total costs line
- Total sales line
- Not shown in break even chart
Q22 | MRO inventories are
- Machine repairs or Operation supplies
- Money on repairs
- Maintenance repair and Operation supplies
- Mainly repair operations supplies
- None of the above
Q23 | Essential feature of deflation is
- Fall in prices
- Fall in exports
- Rise in production
- All of the above
- None of the above
Q24 | Assuming the statistical information is available, which of the following is the best measure of an increase in a country's economic efficiency?
- Increase in real national income
- Increase in real national income per head of the working population
- Increase in net annual investment
- Increase net annual private investment
- Increase in transactions involving transfer of money
Q25 | The "system approach" to motivation attempts to avoid the incompleteness or one sidedness of other approaches to behaviour is made by integrating these kinds of motivational inputs
- Individual, group and environmental factors
- Roles, forms and traditions
- Social, economic and political influences
- Instinctual, lognitive and cultural effects
- None of the above