Class Test 1
.
- 1.
Trading enterprise provides the services that are called as_______
- A.
Intangible goods
- B.
Product
- C.
All of above
- D.
Tangible goods
Correct Answer
A. Intangible goods -
- 2.
Engineering industrial sectors not involves________
- A.
Civil
- B.
Mechanical
- C.
Chemical
- D.
Filament Yard
Correct Answer
D. Filament Yard -
- 3.
ITES stands for___________
- A.
Information Technology Enabled Services
- B.
Information Technology Enterprise Services
- C.
Information Technology Enabled System
- D.
Industry Telecomm Enabled Services
Correct Answer
A. Information Technology Enabled Services -
- 4.
KPO stands for________
- A.
Knowledge Procedure Outsourcing
- B.
Knowledge Process Outsourcing
- C.
Knowledge Procedure Organization
- D.
None of the above
Correct Answer
B. Knowledge Process Outsourcing -
- 5.
Top agro industry in India is________
- A.
Fabindia
- B.
Pidilite
- C.
DuPont India
- D.
None of the above
Correct Answer
C. DuPont India -
- 6.
_______ is a backbone of Indian economy
- A.
IT
- B.
Textile
- C.
Banking
- D.
A & c
Correct Answer
C. Banking -
- 7.
Indian Central Bank is
- A.
State Bank of India(SBI)
- B.
Bank of India (BOI)
- C.
Central Bank of India (CBI)
- D.
Reserve Bank of India(RBI)
Correct Answer
D. Reserve Bank of India(RBI) -
- 8.
GATT stands for____
- A.
Global Agreement on Tariffs and Trade
- B.
General Agreement on Tariffs and Trade
- C.
General Aggregation on Tariffs and Trade
- D.
General Agreement on Tariffics and Trade
Correct Answer
B. General Agreement on Tariffs and Trade -
- 9.
GATT was created in____
- A.
1950
- B.
1947
- C.
1948
- D.
1951
Correct Answer
B. 1947 -
- 10.
LPG ____________
- A.
Liberalization, Privatization, Globalization
- B.
Liberate, Private, Globalization
- C.
Liberate, Private , Global
- D.
None of the above
Correct Answer
A. Liberalization, Privatization, Globalization -
- 11.
Cipla is a_______
- A.
Textile industry
- B.
Process industry
- C.
Chemical industry
- D.
IT industry
Correct Answer
C. Chemical industry -
- 12.
______is the process of transformation of a regional phenomenon into global one.
- A.
Organization
- B.
Privatization
- C.
Globalization
- D.
Liberalization
Correct Answer
C. Globalization -
- 13.
Manufacturing sector contributes_______ of India’s GDP
- A.
5%
- B.
30%
- C.
15%
- D.
25%
Correct Answer
C. 15% -
- 14.
Globalization leads to_______
- A.
Clean environment
- B.
Reduce competition
- C.
Increased terrorism
- D.
None of the above
Correct Answer
D. None of the above -
- 15.
_____is an activity which defines the steps of how & when work will be done effectively and efficiently.
- A.
Planning
- B.
Organizing
- C.
Staffing
- D.
Controlling
Correct Answer
A. Planning -
- 16.
_______is recruitment of right people at right place in an organization
- A.
Planning
- B.
Organizing
- C.
Staffing
- D.
Controlling
Correct Answer
C. Staffing -
- 17.
At______only few people are present
- A.
Strategic level
- B.
Tactical level
- C.
Operational level
- D.
All of the above
Correct Answer
A. Strategic level -
- 18.
_______ was main contributor in the scientific management.
- A.
Frank Gilbreth
- B.
Lillian G
- C.
F W Taylor
- D.
Henry Gantt
Correct Answer
C. F W Taylor -
- 19.
After plans have been made & the organization has been established and staffed , the next step is____
- A.
Controlling
- B.
Motivating
- C.
Coordinating
- D.
Directing
Correct Answer
D. Directing -
- 20.
______is the process of solving problem or in finding out the new business opportunity.
- A.
Policy making
- B.
Chain of command
- C.
Controlling
- D.
Decision making
Correct Answer
D. Decision making -
- 21.
________is important not only for the individual but for an organization too.
- A.
Division of work
- B.
Authority and responsibility
- C.
Discipline
- D.
All of the above
Correct Answer
C. Discipline -
- 22.
-------- means right (to command) and power to act.
- A.
Responsibility
- B.
Authority
- C.
Communication
- D.
All of the above
Correct Answer
B. Authority -
- 23.
---------- stands for granting authority to subordinates to accomplish or perform a particular assignment while operating within pre-decided limits and standards established.
- A.
Delegation of authority
- B.
Responsibility
- C.
Effective Delegation
- D.
All of the above
Correct Answer
A. Delegation of authority -
- 24.
Absence of---------- in units will lead to the failure in achieving organizational goal. So balancing is foremost.
- A.
Balance
- B.
Stability
- C.
Flexibility
- D.
All of the above
Correct Answer
A. Balance -
- 25.
----------communication could be information or instructions.
- A.
Downword
- B.
Upword
- C.
Horizontal
- D.
Unofficial
Correct Answer
A. Downword -
- 26.
--------- could be in the form of suggestions, complaints, feedback ,orientation etc.
- A.
Downword Communication
- B.
Upword Communication
- C.
Horizontal Communication
- D.
Unofficial Communication
Correct Answer
B. Upword Communication -
- 27.
In --------- firm there could be two or even more than two partners are there who shares all profits and expenses.
- A.
Single ownership
- B.
Partnership
- C.
Joint stock companies
- D.
Cooperative organizations
Correct Answer
B. Partnership -
- 28.
-------are private and mainly created for providing the different services to the individual as well as society.
- A.
Single ownership
- B.
Partnership
- C.
Joint stock companies
- D.
Cooperative organizations
Correct Answer
D. Cooperative organizations -
- 29.
In ---------------minimum members involved are 2 and maximum are 50
- A.
Private ltd. Joint stock company
- B.
Public ltd. Joint stock company
- C.
Both a) & b)
- D.
None
Correct Answer
A. Private ltd. Joint stock company -
- 30.
Joint stock private Limited company----------
- A.
Not managed by government
- B.
Managed by government
- C.
Both a) & b)
- D.
None
Correct Answer
A. Not managed by government -
- 31.
Which one do you like?
- A.
Option 1
- B.
Option 2
- C.
Option 3
- D.
Option 4
Correct Answer
A. Option 1 -
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Current Version
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Mar 20, 2022Quiz Edited by
ProProfs Editorial Team -
Dec 20, 2017Quiz Created by
Kiran Patil
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