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MCQs

Total Questions : 32 | Page 2 of 4 pages
Question 11. Which state is number in human development in India
  1.    Kerala
  2.    Maharashtra
  3.    Andhra Pradesh
  4.    Telangana
 Discuss Question
Answer: Option A. -> Kerala
Question 12. Normally growth of a country is measured in terms
  1.    Tax growth
  2.    GDP growth
  3.    Revenue growth
  4.    None of these
 Discuss Question
Answer: Option B. -> GDP growth
Question 13. Software companies mainly located at some places because of
  1.    Government incentives
  2.    Abundant supply of man power
  3.    Easy transport facilities
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 14. Best method for reducing regional imbalances
  1.    Cluster development
  2.    Concentrating at single place
  3.    Incentives for people
  4.    Large scale industries
 Discuss Question
Answer: Option A. -> Cluster development
Question 15. The Macro Environment is the wider environment in which the business operates and does therefore not have any control over
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True
Question 16. What is one factor of the external operating environment of a business?
  1.    Customers
  2.    Competitors
  3.    Suppliers
  4.    Interest Groups
  5.    All of the above
 Discuss Question
Answer: Option E. -> All of the above
Question 17. Normally industries prefer locations near to
  1.    Source of raw material
  2.    Sea
  3.    Cities
  4.    Mountains
 Discuss Question
Answer: Option A. -> Source of raw material
Question 18. High economic growth means high human development
  1.    Always correct
  2.    Always not correct
  3.    Depends on the efforts
  4.    None of these
 Discuss Question
Answer: Option B. -> Always not correct
Question 19. A bus fare is $2
  1.    Price Elastic
  2.    Price Inelastic
 Discuss Question
Answer: Option B. -> Price Inelastic
Question 20. Following is not the importance of business environment:
  1.    Get first mover advantage
  2.    complexity
  3.    Tapping useful resources
  4.    better performance
 Discuss Question
Answer: Option B. -> complexity

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