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Business Environment

Board » Bihar Board » Class 12th » English Medium » Commerce » Business Study » L-3: Business Environment

Objective Questions (MCQs)

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ID- 3757

1. Which of the following is the best symbol of the business environment ?

  • (A) Identifying
  • (B) Performing
  • (C) Meeting up the charges
  • (D) All of these
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2. Which of the following is not a characteristic of business Environment ?

  • (A) Urabanisation
  • (B) Employees
  • (C) Comparative
  • (D) Necessity
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BSEB, 2019

3. Liberalisation policy in India has been?

  • (A) successful
  • (B) unsuccessful
  • (C) partially successful
  • (D) none of these
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ID- 3760
BSEB, 2010

4. Business environment does not help ...........

  • (A) threats
  • (B) opportunities
  • (C) resources
  • (D) certainty
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BSEB, 2015

5. Liberalisation signifies .............

  • (A) integration among various economices of the world
  • (B) easing of licensing requirements and other controls
  • (C) disinvestment in public sector
  • (D) none of these
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6. Economic environment of business is influenced by .............

  • (A) economic system
  • (B) liberalisation
  • (C) globalisation
  • (D) privatisation
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7. Globalisation signifies ...............

  • (A) Integration among various economies of the world
  • (B) Disinvestment in public sector
  • (C) Investment in private sector
  • (D) All of these
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BSEB, 2010, 19

8. Which of the following is an example of social environment ?

  • (A) Money supply
  • (B) Customers protection act
  • (C) The India constitution
  • (D) Composition of family
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BSEB, 2019

9. Which of the following does not characteries the business environment?

  • (A) uncertainty
  • (B) employees
  • (C) relativity
  • (D) complexity
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BSEB, 2015, 16

10. Main components of new economic policy are—

  • (A) liberalisation
  • (B) globalisation
  • (C) privatisation
  • (D) all of these
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ID- 3767
BSEB, 2019

11. Which of the following does not explain the impact of government policy changes on business and industry?

  • (A) Increasing demand of customers
  • (B) Increase in competition
  • (C) Changes in agriculture
  • (D) Market Originality
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12. New Economic Policy was declared in—

  • (A) July 1990
  • (B) July 1991
  • (C) July 1992
  • (D) July 2001
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13. International environment is always—

  • (A) dynamic
  • (B) Fixed
  • (C) Non-stable
  • (D) None of these
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14. Modern business environment is dependent on—

  • (A) on economic development
  • (B) on social development
  • (C) both of these
  • (D) none of these
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15. Business environment is the combination of—

  • (A) Economic environment
  • (B) Social environment
  • (C) Technical environment
  • (D) All of these
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