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Dr.G.R.DamodaranCollegeofScience
(Autonomous,affiliatedtotheBharathiarUniversity,recognizedbytheUGC)Reaccreditedatthe'A'GradeLevelbythe
NAACandISO9001:2008Certified
CRISLrated'A'(TN)forMBAandMIBProgrammes
IB.comCS[201518]
SemesterII
Core:BusinessEnvironment205C
MultipleChoiceQuestions.
1.Inwhichofthefollowingbasiccategoriescanbusinessenvironmentbedivided?
A.LocalandRegional
B.RegionalandNational.
C.InternalandExternal.
D.FinancialandNonfinancial.
ANSWER:C
2.____isastatementWhichderivestherolethatanorganisationplaysinasociety.
A.Goals.
B.Mission.
C.Objective.
D.Success.
ANSWER:B
3.Economicenvironmentreferstoallforceswhichhavea_____.
A.political.
B.natural
C.economic.
D.social.
ANSWER:C
4.______environmentiswithinthecontrolofthebusiness.
A.Internal.
B.External.
C.Micro.
D.Macro.
ANSWER:A
5.____environmentisbeyondthecontrolofthebusiness.
A.Internal.
B.External.
C.Micro.
D.Macro.
ANSWER:B
6.Microenvironmentisalsocalledas________.
A.generalenvironment.
B.operatingenvironment.
C.economicsenvironment.
D.politicalenvironment.
ANSWER:B
7.Macroenvironmentisalsocalledas_______.
A.generalenvironment.
B.operatingenvironment.
C.economicenvironment.

D.politicalenvironment.
ANSWER:A
8.Theenvironmentwhichisclosetobusinessandaffectitscapacitytoworkisknownas___environment.
A.internal.
B.external.
C.micro.
D.macro.
ANSWER:C

9.Factorsthatcreateopportunitiesandthreatstobusinessunitsisknownas_______.
A.internalenvironment.
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B.externalenvironment.
C.microenvironment.
D.macroenvironment.
ANSWER:D

10.Internalfactorsaffectingabusinessenvironmentalsoarereferredto____factors.
A.controllable.
B.uncontrollablefactors.
C.relevant.
D.global.
ANSWER:A
11.Externalfactorsaffectingabusinessenvironmentalsobereferredto___factors.
A.controllable.
B.uncontrollable.
C.relevant.
D.global
ANSWER:B
12.Studyofhumanpopulationiscalledas_____environment.
A.political.
B.social.
C.demographic.
D.economic
ANSWER:C
13.INwhichyeartheessentialcommoditiesactintroduced___.
A.1954.
B.1955.
C.1956.
D.1957.
ANSWER:B
14.Whichistheonenotincludedinnationalculture?
A.Language.
B.Internet.
C.Belief.
D.Attitude.
ANSWER:B
15.Culturespreadsfromoneplacetoantherandsuchtransmissioniscalledas________.
A.difference.
B.reputation.
C.adoption.
D.heritage.
ANSWER:A
16.Anattitudecomposedofeffect____.
A.flextime.
B.cognition.
C.relationship.
D.culture.
ANSWER:B
17.WhatisthemainoccupationofKshatriyas?
A.engageincleaning.
B.engagedintrade.
C.engagedinarmywork.
D.noneoftheabove
ANSWER:C
18.Asystematicapplicationofscientificknowledgetopracticaltaskisknownas________.

A.technology.
B.culture.
C.demograpic.
D.legal.
ANSWER:A

19.___isdefinedassystematicassessmentofthesocialimpactoftheactivitiesofabusinessfirm.
A.Socialaudit.
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B.Socialresponsibility.
C.Socialinteraction.
D.Socialbenefit.
ANSWER:A

20.Whataretheelementsofbusinessethics?
A.Valuesrightsandduties.
B.attitudespressureandenvironment.
C.valueenvironmentandattitude.
D.Responsibilities.
ANSWER:A
21.Corporatevaluesarethe_______ofthecorporatesector.
A.sharedvalues.
B.moralbeliefs.
C.customersatisfaction.
D.goodwill.
ANSWER:B
22.Theeconomicsysteminwhichbusinessunitsorfactorsofproductionareprivatelyownedandgovernediscalledas______.
A.capitalism.
B.socialism.
C.democratic.
D.republic.
ANSWER:A
23.Theeconomicsysteminwhichbothpublicandprivatesectorscoexistisknownas___economy.
A.capitalism.
B.socialism.
C.democratic.
D.republic.
ANSWER:B
24.OneReserveBankofIndiaintroducedcertificatesofdepositin____.
A.1964.
B.1989.
C.1986.
D.1990
ANSWER:B
25.Ficalpolicyreferstothepolicyofgovernmentregardingtaxtationpublicexpenditureand____.
A.publicdebt.
B.budgets.
C.policies.
D.deposits.
ANSWER:B
26.Thesixthplanmentions17criteriafordeterminingtheprevalenceof____.
A.poor.
B.academician.
C.backwardness.
D.business.
ANSWER:C
27.Fiscalpolicyiscalledas______policy.
A.monetary.
B.budgetary.
C.industrial.
D.economic.
ANSWER:B
28.Oneconceptofculturedeterminesthe___ofpeople.
A.experience.
B.ethos.
C.education.
D.wealth.
ANSWER:B

29.Selffulfillmentandimmediategratificationare_____culturalvalues.
A.decreases.
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B.rises.
C.diminishes.
D.corporte.
ANSWER:B

30.NationalstockexchangewassetupajointstockcompanybyallindianfinancialinstitutionandbanksonNovember27____.
A.1991.
B.1992.
C.1993.
D.1994.
ANSWER:B
31.Whichcanbeamethodofprivation?
A.Denationalization.
B.Purchasingshares.
C.Takeover.
D.Merger.
ANSWER:A
32.InIndialiberalizationandprivatizationbeganfrom____.
A.1991.
B.1971.
C.1981.
D.1947.
ANSWER:C
33.Industrialpolicyof1948aimedat______.
A.industrialization
B.growthofagriculture.
C.developmentofinfrastructure.
D.developmentofservicesector.
ANSWER:A
34._______statecanhaveanelectedorhereditaryhead.
A.Democratic.
B.Autocratic.
C.Socialized.
D.Republic.
ANSWER:A
35.Theeraofderegulation/liberalizationbeginin___.
A.1950and51.
B.1980.
C.1991.
D.1960.
ANSWER:A
36.___________occupiesthecentralplaceinbusiness.
A.People.
B.Rawmaterial.
C.Labour.
D.Finishedgoods.
ANSWER:B
37.Indiaisgoodexamplefor________economy.
A.socialist.
B.mixed.
C.capitalist.
D.communist.
ANSWER:B
38.Businessincludes_____.
A.noneconomicactivities.
B.economicactivities.
C.socialactivities.
D.productionactivities.
ANSWER:B

39.Whatisthesinglewordthatcanbestdescribetodaysbusiness?
A.Technology.
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B.ProfitMaking.

C.Change.
D.People.
ANSWER:C
40.Isthemodernbusinessdynamic?
A.massproduction.
B.massmarketing.
C.masssales.
D.masspurchase.
ANSWER:A
41.Avaliddefinitionofabusinesspurposeisto_______.
A.createacustomer.
B.maximizeprofits.
C.servethesociety.
D.increasethewealthinthefirm.
ANSWER:A
42.Istodaysbusinessisnotcharacterizedbydiversification?
A.Socialrelationship.
B.Profit.
C.Customers.
D.Assets.
ANSWER:B
43.Isinterferenceofgovernmentinbusinessiscommonineverycountry?
A.1960.
B.1970.
C.1980.
D.1990.
ANSWER:A
44.____referstothesystemofmoralprinciplesandrulesofconductappliedtobusiness.
A.Businessculture.
B.Businessethics.
C.Business.
D.Society.
ANSWER:B
45.Competitionisbeneficialtothecompetingfirmsbesidesbenefitingthe______?
A.producers.
B.intermediaries.
C.finances.
D.consumers.
ANSWER:D
46.Whatarethemainconceptsconcerningaboutbusinessgoalsorobjectives?
A.Mission,objectives.
B.Mission,targets.
C.Mission,objectives,target.
D.Target,objectives.
ANSWER:C
47.Goalsrealizationcontinuouslywillleadto_______.
A.missionfulfillment.
B.maximizecustomers.
C.highrevenue.
D.maximizesuppliers.
ANSWER:A
48._______istheprimarymotiveforabusinessenterprise.
A.Profit.
B.Maximizecustomers.
C.Humanobjective.
D.Maximizesuppliers.
ANSWER:A

49.Thefollowingstatementwithrespecttocultureisfalse.
A.Cultureisenduring.
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B.Cultureischanging.
C.Cultureisevolvedamongthemembersofasociety.
D.Cultureisdeterminedbynationalboundaries.
ANSWER:D

50.________isthebusinessthroughwhichnewideasandinnovationsaregivenasharpandareconvertedintousefulproductsandservices.

A.MarketLeadership.
B.Challenge.
C.JoyofCreation.
D.Growth.
ANSWER:C
51.whatisthenatureofbusinessenvironment?
A.Aggression.
B.Relative.
C.Uncertain.
D.Aggression,RelativeandUncertain.
ANSWER:D
52.Whatisthesignificanceofbusinessenvironment?
A.FirstMoverAdvantage.
B.Competition.
C.Information.
D.Globalization.
ANSWER:A
53.Whataretheelementsofbusinessenvironment?
A.MicroEnvironment.
B.MacroEnvironment.
C.ComplexEnvironment.
D.Steeplefactor
ANSWER:D
54.Macroenvironmentisalsoknownas_________?
A.directenvironment.
B.indirectenvironment.
C.competitiveenvironment.
D.socialenvironment.
ANSWER:B
55.Macroenvironmentconsistof______?
A.public.
B.political&legal.
C.suppliers.
D.customers.
ANSWER:B
56.Themicroenvironmentconsists______.
A.TechnologicalEnvironment.
B.PoliticalEnvironment.
C.EconomicEnvironment.
D.Public,middlemen,consumers&competitors.
ANSWER:D
57._______referstoallforceswhichhaveaneconomicimpact.
A.TechnologicalEnvironment.
B.PoliticalEnvironment.
C.EconomicEnvironment.
D.Legalenvironment
ANSWER:C
58.__________decidesonaparticularcourseofaction.
A.Legislature.
B.Executive.
C.Judiciary.
D.Public.
ANSWER:A

59.ThefirstMNCcametoIndiain_______.
A.1920.
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B.1921.
C.1919.
D.1923
ANSWER:B

60.Economicgrowthcanbemeasuredby___________.
A.theCPI.
B.theCBI.
C.GDP.
D.MPC.
ANSWER:C

61.Portersmodelrepresentstherelationshipbetween_______.
A.organizationalandenvironment.
B.societyandenvironment.
C.organizationandsociety.
D.societyandindustry.
ANSWER:A
62.________environmentreferstoalleconomicfactorswhichhaveabearingonthefunctioningofabusiness.
A.Economic.
B.Technological.
C.Natural.
D.Social.
ANSWER:A
63.CapitalismstressesthephilosophyofindividualismbelievinginprivateOwnershipcomesunder____.
A.legalplanning.
B.sovietplanning.
C.governmentplanning.
D.agriculturalplanning.
ANSWER:A
64.Inwhichyearsocialismthetoolsproductionarenotmanagedbygovernment?
A.1952.
B.1950.
C.1951.
D.1953.
ANSWER:B
65.Incapitalism____lossesassumedbythecustomers.
A.economics.
B.technological.
C.natural.
D.social.
ANSWER:B
66.Depreciationispermittedincommunism________.
A.legalplanning.
B.sovietplanning.
C.governmentplanning
D.agriculturalplanning.
ANSWER:C
67.Incommunismthestatedeterminesonesemployerandemployment____.
A.socialism.
B.economics.
C.communism.
D.capitalism.
ANSWER:A
68.The_____socialismseemstofallbetweencapitalismandcommunism____.
A.increased.
B.decreased.
C.lowlevel.
D.medium.
ANSWER:A

69.Hasthepercapitaincomeincreasedordecreasedfrom1980to2009___.
A.increased.
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B.decreased.
C.medium.
D.narrow.
ANSWER:A

70.Populationisacomponentofthetotal______environment.
A.economic.
B.social.
C.natural.
D.technology.
ANSWER:A
71.Whichplangivespriorityforfamilyplanning?
A.StatePolicy.
B.JudicialPolicy.
C.Industrial

D.Energy
ANSWER:B
72.Governmentspolicytowardsindustriesiscalledas________.
A.economicpolicy.
B.industrialpolicy.
C.monetarypolicy.
D.workpolicy.
ANSWER:A
73.Industrialpolicywassetupintheyear_______.
A.1955.
B.1956.
C.1957.
D.1958.
ANSWER:B
74.OneoftheobjectivesofindustrialpolicyistoacceleratetherateofeconomicGrowthandspeedupindustrialization___.
A.1955.
B.1956.
C.1957.
D.1958.
ANSWER:A
75.MRTPactwassetupintheyear_______.
A.1950.
B.1951.
C.1952.
D.1953.
ANSWER:A
76.TheliberalizationoftherulesrelatingtoFDIpermitting_______%equityinwiderangeofIndustries.
A.50.
B.51.
C.52.
D.53.
ANSWER:B
77.Insomecircles,amultinationalcorporationsisalsoreferredto____________.
A.multinationalcollaboration.
B.multinationalentity.
C.multinationalenterprises.
D.multinationaldevelopment.
ANSWER:C
78.Multinationalcorporationsisalsoreferredto____________.
A.multinationalcollaboration.
B.multinationalentity.
C.transnationalcorporation.
D.multinationaldevelopment.
ANSWER:C

79.FERAisforeignexchangeregulationactfor_________.
A.industries.
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B.smallscale.
C.labour.
D.owner.
ANSWER:A

80.GDPis____.
A.GrossDomesticProduct.
B.GrossDomesticPercentage.
C.GrossDomesticPersonnel.
D.GrossDomesticPublic.
ANSWER:A
81.GNPstandsfor_____________________
A.GrossNationalProduct
B.Grossnegativeproduct
C.Grossnegotiableproduct
D.Noneoftheabove
ANSWER:A
82.SAOILis______.
A.SteelauthorityofIndialtd.

B.SchoolauthorityofIndialtd.
C.StateauthorityofIndialtd.
D.SpanauthorityofIndialtd.
ANSWER:A
83.NDPis____.
A.NetDomesticProduct.
B.NetDomesticPercentage.
C.NetDomesticPersonnel.
D.NetDomesticPublic.
ANSWER:A
84.Whogaveapracticalshapetoprivatization?
A.MARGARATTHATCHER.
B.LOUISPETER.
C.WILLIAMS.
D.FAYOL.
ANSWER:A
85.InprivatizationSIPrefersto_______.
A.Shareissueprivatization.
B.Sharesinprivatization.
C.Shareindustryprivatization.
D.Shareinstitutionprivatization.
ANSWER:A
86.Thetechniquesofprivatizationarecontract_______andconcession.
A.building.
B.free.
C.leases.
D.hirepurchase.
ANSWER:C
87.Thereare_____sinsofprivatization.
A.5.
B.6.
C.7.
D.8.
ANSWER:C
88.Theincomelevelofresidentsinacountryisindicatedby_______.
A.grossnationalincome.
B.grossdomesticproduct.
C.percapitagrossnationalincome.
D.percapitagrossdomesticproduct.
ANSWER:C

89.istheprocessofanalyzingtheenvironmentfortheidentificationoffactorswhichhaveimpactonorhaveimplicationforthebusiness.
A.Assessment
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B.Forecasting
C.Scanning
D.Noneofthese
ANSWER:C

90.PESTisanacronymwhichstandsfor________.
A.Political,Environment,Societal,Technology
B.Political,Economic,Societal,Technological.
C.Political,Economic,Social,Technological.
D.People,Economy,Standards,Transport.
ANSWER:C
91.TheEuropeanUnionisanexampleof______.
A.monetaryunion.
B.freetradearea.
C.commonmarket.
D.economicunion.
ANSWER:D
92.ThemajorresponsibilityofRBIis__________.
A.healthyregulation.
B.monetaryregulation.
C.workregulation.
D.industrialregulation.
ANSWER:B

93.ThelegalsysteminIndiaisbasedon______.
A.Commonlaw.
B.Civillaw.
C.Theocraticlaw.
D.Hindulaw.
ANSWER:D
94.Amixedeconomyisnecessarilya_____.
A.controlled.
B.planned.
C.organised.
D.planned,organisedandcontrolled.
ANSWER:D
95.TheoriginofCommonlawisin_____.
A.America.
B.England.
C.Russia.
D.India.
ANSWER:A
96.Thefocusonincreasingprofitabilityandprofitgrowthbyreapingthecostreductionthatcomefromeconomiesofscaleis________.
A.globalstandardizationstrategy.
B.localizationstrategy.
C.transnationalstrategy
D.internationalstrategy.
ANSWER:A
97.Thetotalaccumulatedvalueofforeignownedassetsatagivenperiodoftimeis__.
A.flowofFDI
B.stockofFDI
C.inflowofFDI
D.outflowofFDI
ANSWER:B
98.Thetakingoverofaprivatefirmbythehostcountrygovernmenttoberunitasagovernmentunitis______.
A.expropriation.
B.confiscation.
C.nationalisation.
D.domestication
ANSWER:C

99.WhoisresponsibleforpresentingtheUnionBudgetbeforetheParliament?
A.PrimeMinister
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B.FinanceMinister
C.RBIGovernor
D.noneoftheabove
ANSWER:B

100.Thegoodsandtheservicesproduced,pricedanddistributedbythegovernmentis___.
A.Marketeconomy.
B.Seculareconomy.
C.Commandeconomy.
D.Mixedeconomy.
ANSWER:C
101.Environmentissynonymwith____.
A.task.
B.relation.
C.people.
D.situationalvariables.
ANSWER:D
102.Thetrendseenintheeconomicsystemsofthecountriesisthat_____.
A.commandeconomiesaremovingtowardsmixedeconomies.
B.mixedeconomiesaremovingtowardscommandeconomies.
C.mixedeconomiesaremovingtowardsmarketeconomies.
D.marketeconomiesaremovingtowardscommandeconomies.
ANSWER:C
103.WhatdoyoumeanbyDGTD?
A.DirectorGeneralofTradeandDevelopment.
B.DirectorGeneralofTotalDevelopment.
C.DirectorGeneralofTechnicalDevelopment.

D.DirectorGeneralofTransportDevelopment.
ANSWER:A
104.Howmanygoalsdotheenvironmentanalysishas?
A.2
B.3
C.4
D.5
ANSWER:B
105.________isalsocalledgovernmentwhichimplementswhateverisdecidedbytheparliament.
A.Legislature.
B.Executive.
C.Judiciary.
D.Public.
ANSWER:B
106._______playsthewatchdoginordertoensurethatbothfunctioninpublicinterestandwithintheboundariesofconstitution?
A.Legislature.
B.Executive.
C.Judiciary.
D.Public.
ANSWER:C
107._______referstothedensityofcompetitionamongfirms.
A.Intensityofrealty.
B.Competitiveness.
C.Absolutecompetition.
D.Competition.
ANSWER:A
108.Doestheassessmentinvolvesidentifying&evaluatinghow&whycurrent&projectedenvironmentchangewhicheffectstrategicmanagementofthe
organisation?
A.U.S.A.
B.U.K.
C.Russia.
D.Africa.
ANSWER:A

109.Thescholarmaderesearchinthefoodcanningmarketis______.
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A.informalresearch.
B.formalresearch.
C.indirectviewing.
D.conditionedViewing.
ANSWER:B

110.Freetradeisbasedontheprincipleof______.
A.comparativeadvantage.
B.comparativescale.
C.economiesofadvantage.
D.productionpossibilityadvantage.
ANSWER:A
111.Theobjectivesofimportdutyis/are_______.
A.Toraiseincomeforthegovernment.
B.Torestrictimports.
C.Toencourageexports.
D.Toraiseincomeandrestrictimports.
ANSWER:D
112.Voluntaryexportrestraintis________.
A.Tariffbarrier.
B.Nontariffbarrier.
C.Bothtariffandnontariffbarrier.
D.Notatradebarrier.
ANSWER:B
113.Whichsectorgotpriorityinthe1stfiveyearplan?
A.Agriculture
B.Industrial
C.Infrastructure
D.Communication
ANSWER:A
114.Nontarifftradebarriersdonotinclude_____.

A.administrativeregulations.
B.exportsubsidiaries.
C.fiscalbarriers.
D.quota.
ANSWER:B
115.Thefollowingisnotafeatureofglobalization_____.
A.Similarstrategiesareadoptedbyafirminallmarkets.
B.Onlymultinationalfirmsengageininternationalbusiness.
C.Convergenceofideasandculture.
D.Obliterationofnationalboundaries.
ANSWER:A
116.Globalizationofmarketshasbroughtabouteconomiesof_____.
A.scaleinproduction.
B.distributionandmarketing.
C.management.
D.allbusinessoperations.
ANSWER:D
117.Thefollowingbenefitisnotexpectedfromglobalization______.
A.Reapingthebenefitsoffreetrade.
B.Betterqualityoflifethroughchoiceofproduct.
C.Betterknowledgethroughcompulsoryeducation.
D.Disseminationofinformationthroughnewinformationtechnology.
ANSWER:C
118.Antiglobalizationhasbeenvoicedby________.
A.alldevelopingcountries.
B.onlyfewdevelopingcountries.
C.supportersfrombothdevelopinganddevelopedcountries.
D.onlydevelopedcountries.
ANSWER:C

119.Geographicalindicationsspecify________.
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A.placeoforiginofgoods.
B.specialcharacteristicsoftheproductassociatedwithplaceoforigin.
C.placeandspecialcharactersoftheproduct.
D.placeorspecialcharactersoftheproduct.
ANSWER:C

120.Outsourcingofcomponentsisanexampleofglobalizationof_____.
A.Production.
B.Marketing.
C.Purchase.
D.Productionandmarketing.
ANSWER:A
121.Oneofthefollowingdoesnotrepresentageneralmarketriskintheinternationalizationprocess?
A.competitionfromotherorganizationsinforeignmarkets.
B.lackoftaxincentivesfororganizationsthatexport.
C.languageandculturaldifferences.
D.complexityofshippingservicestooverseasbuyers.
ANSWER:B
122.TheBrettonwoodtwinsconsistsofIMFand
A.Worldbank
B.ADB
C.IDBI
D.ICICI
ANSWER:A
123.FEMAwaspassedintheyear
A.1999
B.1989
C.2000
D.1997
ANSWER:A
124.AccordingtotheWorldBankclassificationwhichofthefollowingisnotahighincomeeconomy?
A.Qatar.
B.Romania.
C.Austria.
D.Canada.
ANSWER:B

125.WhichisthelargestcountrywithintheEUbysizeofthepopulation?
A.Poland.
B.Germany.
C.UnitedKingdom.
D.France.
ANSWER:B
126.Aquickmethodthatcanhelpinternationalmarketerscomparerelativevalueofcurrenciesistocheckthepriceofa_____.
A.canofCoke.
B.literofpetrol.
C.snickersbar.
D.bigmac
ANSWER:D
127.Anincreaseinthegenerallevelofprices,asmeasuredagainstsomebaselineofpurchasingpowerisalsoknownas______.
A.inflation.
B.recession.
C.deflation.
D.depression.
ANSWER:A
128.___actisalegislationwhichempowersthegovernmenttoregulatethestockexchange.
A.functionalact.
B.securitiescontractact.
C.legalact.
D.stockexchangeact.
ANSWER:B

129.Judgmentsarebasedondetailedcodes,ratherthanprecedentsunder_____.
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A.Commonlaw.
B.Civillaw.
C.Theocraticlaw.
D.Englishlaw.
ANSWER:B

130.PLRstandsfor
A.PrimeministerLandRecovery
B.PrimelendingRate
C.Priceleveragerate
D.Noneoftheabove
ANSWER:B
131.Ownershipofintellectualpropertyisrecognizedinlawbygranting_____.
A.Licenses.
B.Patents.
C.Copyrights.
D.Patent,copyrightortrademarkasappropriate.
ANSWER:D
132.Ininternationalbusinesscheaperalternativestolitigationis/are_____.
A.Conciliation.
B.Arbitration.
C.Negotiations.
D.Conciliationandarbitration.
ANSWER:D
133.Voluntaryexportrestraintis________.
A.Tariffbarrier.
B.Nontariffbarrier.
C.Bothtariffandnontariffbarrier.
D.Notatradebarrier.
ANSWER:B
134.Theobjectivesofimportdutyis/are_______.
A.Toraiseincomeforthegovernment.
B.Torestrictimports.
C.Toencourageexports.
D.Toraiseincomeandrestrictimports.
ANSWER:D
135.Importtariffbenefits______.
A.theconsumers.
B.domesticproducers.
C.overseassuppliers.

D.theoverseasproducers.
ANSWER:B
136.Socialauditmovementwasfirststartedin___
A.USA.
B.UK.
C.JAPAN.
D.INDIA.
ANSWER:A
137.Thefinancialinformationcanbedisclosedthrough___.
A.profit
B.balancesheet.
C.profitandlossa/c
D.profitandloss,balancesheeta/c.
ANSWER:D
138.AmultinationalCorporationisdefinedas
A.Havingamultiethnicworkforce
B.Carryingoutproductioninmorethanonecountry.
C.Havingsuppliersinmorethanonecountry.
D.Noneoftheabove
ANSWER:C

139.TheSacharcommitteereportpresentedtothegovernmentin___.
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A.1987.
B.1978.
C.1897.
D.1986.
ANSWER:B

140.Thecompetitionamongsuchalternativeswhichsatisfyaparticularcategoryofdesireiscalled____.
A.productformcompetition.
B.brandcompetition.
C.genericcompetition.
D.desirecompetition.
ANSWER:C
141.Nonfinancialinformationcanbeexpressedin___.
A.qualitative.
B.quantitative.
C.qualitativeandquantitative.
D.priceandquality.
ANSWER:C
142.WhichbankiscalledtheBankofIssue
A.ICICI
B.RBI
C.SBI
D.IDBI
ANSWER:B
143.Aconsiderablylargenumberofenterprisesweredenationalisedincountrieslike___.
A.Chile,BangladeshandPakistan.
B.BangladeshandPakistan.
C.ChileandBritain.
D.PakistanandChile.
ANSWER:A
144.IdentifyafactorthatdonotplayanimportantroleinattractingFDI
A.Laws,rulesandregulations
B.Language
C.Costofresources
D.AdministrativeProcedureandefficiency
ANSWER:B
145.Ananalysisoftheexternalenvironmentenablesafirmtoidentify
A.Strengthsandopportunities
B.Strengthandweakness
C.WeaknessandThreat
D.Opportunitiesandthreat
ANSWER:D
146.Privatissationwillencourageconcentrationof__.

A.economicpower.
B.monopolypower.
C.profitable.
D.strategic.
ANSWER:A
147.In1993governmentofindiasetupacommitteeondisinvestmentinpublicsectorenterprisesunderthechairmanshipof___.
A.C.Rangarajan.
B.P.varatharajan.
C.N.monoharan.
D.R.Devarajan.
ANSWER:A
148.Acomperhensiveoveralllongtermdisinvestmentprogrammewithin__years
A.612.
B.510.
C.410.
D.815.
ANSWER:B

149.FERAmeans__.
Page16

A.ForeignExchangeRegulationAct.
B.ForestExchangeRegulationAct.
C.FreightExchangeRegulationAct.
D.FlexibleExchangeRegulationAct.
ANSWER:A

150.ForeignExchangeManagementAct___.
A.1999.
B.1998.
C.1898.
D.1897.
ANSWER:A

StaffName
KEERTHIBS.