Class Test 1

31 Questions

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Class Quizzes & Trivia

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Questions and Answers
  • 1. 
    Trading enterprise provides the services that are called as_______
    • A. 

      Intangible goods

    • B. 

      Product

    • C. 

      All of above

    • D. 

      Tangible goods

  • 2. 
    Engineering industrial sectors not involves________
    • A. 

      Civil

    • B. 

      Mechanical

    • C. 

      Chemical

    • 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

  • 4. 
    KPO stands for________
    • A. 

      Knowledge Procedure Outsourcing

    • B. 

      Knowledge Process Outsourcing

    • C. 

      Knowledge Procedure Organization

    • D. 

      None of the above

  • 5. 
    Top agro industry in India is________
    • A. 

      Fabindia

    • B. 

      Pidilite

    • C. 

      DuPont India

    • D. 

      None of the above

  • 6. 
    _______ is a backbone of Indian economy
    • A. 

      IT

    • B. 

      Textile

    • C. 

      Banking

    • D. 

      A & c

  • 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)

  • 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

  • 9. 
    GATT was created in____
    • A. 

      1950

    • B. 

      1947

    • C. 

      1948

    • D. 

      1951

  • 10. 
    LPG ____________
    • A. 

      Liberalization, Privatization, Globalization

    • B. 

      Liberate, Private, Globalization

    • C. 

      Liberate, Private , Global

    • D. 

      None of the above

  • 11. 
    Cipla is a_______
    • A. 

      Textile industry

    • B. 

      Process industry

    • C. 

      Chemical industry

    • D. 

      IT industry

  • 12. 
    ____­­­__is the process of transformation of a regional phenomenon into global one.
    • A. 

      Organization

    • B. 

      Privatization

    • C. 

      Globalization

    • D. 

      Liberalization

  • 13. 
    Manufacturing sector contributes_______ of India’s GDP
    • A. 

      5%

    • B. 

      30%

    • C. 

      15%

    • D. 

      25%

  • 14. 
    Globalization leads to_______
    • A. 

      Clean environment

    • B. 

      Reduce competition

    • C. 

      Increased terrorism

    • 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

  • 16. 
    _______is recruitment of right people at right place in an organization
    • A. 

      Planning

    • B. 

      Organizing

    • C. 

      Staffing

    • D. 

      Controlling

  • 17. 
    At______only few people are present
    • A. 

      Strategic level

    • B. 

      Tactical level

    • C. 

      Operational level

    • D. 

      All of the above

  • 18. 
    _______ was main contributor in the scientific management.
    • A. 

      Frank Gilbreth

    • B. 

      Lillian G

    • C. 

      F W Taylor

    • D. 

      Henry Gantt

  • 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

  • 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

  • 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

  • 22. 
    -------- means right (to command) and power to act.
    • A. 

      Responsibility

    • B. 

      Authority

    • C. 

      Communication

    • D. 

      All of the above

  • 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

  • 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

  • 25. 
    ----------communication could be information or instructions.
    • A. 

      Downword

    • B. 

      Upword

    • C. 

      Horizontal

    • D. 

      Unofficial

  • 26. 
    --------- could be in the form of suggestions, complaints, feedback ,orientation etc.
    • A. 

      Downword Communication

    • B. 

      Upword Communication

    • C. 

      Horizontal Communication

    • D. 

      Unofficial 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

  • 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

  • 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

  • 30. 
    Joint stock private Limited company----------
    • A. 

      Not managed by government

    • B. 

      Managed by government

    • C. 

      Both a) & b)

    • D. 

      None

  • 31. 
    Which one do you like?
    • A. 

      Option 1

    • B. 

      Option 2

    • C. 

      Option 3

    • D. 

      Option 4