Business environment MCQ: In this blog post, we have provided Business environment MCQ with answers. These multiple-choice questions are useful for classes 11, 12, and other entrance exams.
Business environment MCQ
1. Which of the following is not an ethical practice?
Providing fair wages to workers
Black marketing
Sell products with the correct measurement
Prompt payment of taxes by business
2. Identify ethical practices in business from the following
Sale of duplicate goods
Honesty in dealing with consumers
Selling adulterated food
Exploitation of workers
3. Fiscal policy does not cover :
Public Expenditure
Taxation
Public debt
Political Expediency
4. Economic policies do not include
Industrial policy
Fiscal policy
Social policy
Monetary policy
5. Economic system does not include :
Capitalist Economy
Socialist Economy
Barter Economy
Mixed Economy
6. Foreign investment policy includes:
Regulating the inflow of foreign investment
Monetary policy
Exim policy
Public debt
7. Recent developments in the Indian Economy does not include:
Liberalization
Localization
Privatization
Globalization
8. Business has social responsibility because of:
Political Awareness
Social Awareness
Fashion Awareness
None of the above
9. Which of the following is not a cause of environmental pollution?
Cloud pollution
Air pollution
Water pollution
Land pollution
10. Legal environment does not include:
Industrial Disputes Act
The Factories Act
Payment of Gratuity Act
Social Gatherings
11. In online buying the buyer drops the items selected in a:
Gift cards
Shopping box
Shopping cart
Collectibles
12. Name the act of protecting information by transforming it into an unreadable form
Cryptography
Hacking
Virus
None of the above
13. Plastic card is a common name for:
Digital cash
Debit/Credit card
Cheque
None of the above
14. Business interaction between a wholesaler and a retailer is known as
C2C
B2B
B2C
None of the above
15. WWW stands for:
World Wide Web
World World Web
Wide Web World
Web World Wide
16. ATM stands for:
Automated Teller Machine
Automatic Teller Machine
Any Time Money
None of the above
17. PIN stands for:
Post Identification Number
Personal Index Number
Personal Identification Number
None of the above
18. Which of the following is not a new trend in the banking sector?
Telebanking
Internet banking
ATM
Token system
19. Which of the following is a limitation of e-Commerce/e-Business?
Convenience to customers
Saves time and cost
Wider Accessibility
Lacks personal touch with consumers
20. …… means outsourcing services that require the expertise of higher order.
BPO
KPO
CPO
None of the above