Principles Of Economics And Management Set 4
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This set of Principles of Economics and Management Multiple Choice Questions & Answers (MCQs) focuses on Principles Of Economics And Management Set 4
Q1 | Which is the function of bank?
- Acceptance of Deposits
- Advances of Loans
- Both A and B
- None of the above
Q2 | ______ is India’s central banking institution, which controls the monetary policy of the Indian rupee.
- RBI
- CBI
- SBI
- All of the above
Q3 | Which is the function of RBI?
- Issue of currency notes
- Banker to government
- Controller of credit
- All of the above
Q4 | ________ is a science as well as an art.
- Management
- Production
- Banking
- None of the above
Q5 | Which is types of Management?
- Top management
- Middle level management
- Lower level management
- All of the above
Q6 | ______ is the ultimate source of authority.
- Top management
- Middle level management
- Lower level management
- All of the above
Q7 | Which is the skills of management?
- Conceptual skills
- Human skills
- Technical skill
- All of the above
Q8 | Which is the principles of management?
- Division of work
- Authority and responsibility
- Unity of Direction
- All of the above
Q9 | Which is the function of management?
- Planning
- Organizing
- Staffing
- All of the above
Q10 | _______ is function of management.
- Production
- Staffing
- Transaction
- None of the above
Q11 | ______ is an organized group of people with a particular purpose.
- Organization
- Management
- Company
- None of the above
Q12 | Which one is the characteristics of organization?
- Assigning the duties
- Division of work
- Coordination
- All of the above
Q13 | Function of organization is _________.
- Specialization
- Coordination
- Efficient functioning
- All of the above
Q14 | Which is the types of organization?
- Line organization
- Staff organization
- Committee organization
- All of the above
Q15 | Power and authority is kept under top management is known as?
- Centralization
- Decentralization
- Both A and B
- None of the above
Q16 | Which is the characteristics of corporate social responsibility(CSR)
- Continuous process
- Two-way process
- Concerned with social prestige
- All of the above
Q17 | Which is the advantages of corporate social responsibility(CSR)
- Satisfied employees
- Commitment with stakeholders
- Costs reductions
- All of the above
Q18 | The total demand for goods and services in an economy is known as
- Aggregate demand
- National demand
- Gross national product
- Economy wide demand
Q19 | A Recession is ______
- A period of declining prices
- A period during which aggregate output declines
- A period of declining unemployment
- A period of falling trade volumes
Q20 | Macroeconomics Is The Branch Of Economics That Deals With
- The Economy As A Whole
- Imperfectly Competitive Markets
- Only The Long Run Adjustments To Equilibrium In The Economy
- None of the above
Q21 | The Practice Of Using Fiscal And Monetary Policy To Stabilize The Economy Is Knownas
- Fine Tuning Of Demand
- Monetarism
- Laissez Faire Economics
- Supply Side Economics
Q22 | According To The Classical Economists, The Economy
- Requires Fine Tuning To Reach Full Employment
- Should Not Be Left To Market Forces
- Will Never Be At Full Employment
- Is Self-Correcting
Q23 | Identify The Three Motives Of Money Demand:
- Accumulative, Speculative, Precautionary
- Speculative, Transaction, Precautionary
- Precautionary Special, Transaction
- None
Q24 | The Rate At Which Central Bank Lends To Commercial Banks Is Known As:
- Reserve Rate
- Discount Rate
- Open Market Operation
- None
Q25 | An Expansionary Fiscal Policy Can:
- Raise The National Debt
- Decrease The National Debt
- Have No Effect On National Debt
- None of the above