Bihar Board 12th Business Studies Objective Important Questions Part 3 in English

Bihar Board 12th Business Studies Objective Important Questions Part 3 in English

BSEB Class 12th Business Studies Objective Important Questions Part 3 in English

Question 1.
For stock exchange the services of SEBI is:
(a) Voluntary
(b) Necessary
(c) Unnecessary
(d) Compulsory
Answer:
(d) Compulsory

Question 2.
Marketing includes:
(a) Purchase
(b) Sales
(c) Warehousing
(d) All of the above
Answer:
(d) All of the above

Question 3.
Consumer rights under consumer protection act are:
(a) 6
(b) 7
(c) 8
(d) 9
Answer:
(a) 6

Question 4.
Essentials of a good brand are:
(a) Short name
(b) Easy to remember
(c) Attractive design
(d) All of the above
Answer:
(d) All of the above

Question 5.
Labelling is compulsory in packed consumer products:
(a) All
(b) few
(c) None
(d) None of these
Answer:
(a) All

Question 6.
Which is not an element of promotion mix:
(a) Advertisement
(b) Personal selling
(c) Sales promotion
(d) Product development
Answer:
(d) Product development

Question 7.
Advertisement is deemed as:
(a) Wastage
(b) Investment
(c) Luxury
(d) None of these
Answer:
(b) Investment

Question 8.
Objectives of sales promotion are:
(a) To introduce with new product only
(b) To attractive new customers only
(c) To counter competitor only
(d) All the above
Answer:
(d) All the above

Question 9.
Which of the following is not sales promotion tool?
(a) Samples
(b) Prize to pack
(c) Coupons
(d) Warranty
Answer:
(d) Warranty

Question 10.
Media of advertising is:
(a) Samples
(b) Premium
(c) Calendar
(d) Demonstration
Answer:
(c) Calendar

Question 11.
Costliest means of advertising is:
(a) Advertising
(b) Personal selling
(c) Necessary
(d) Public relation
Answer:
(b) Personal selling

Question 12.
Consumer Protection Act in India was passed in:
(a) 1886
(b) 1986
(c) 1996
(d) None of these
Answer:
(a) 1886

Question 13.
Consumer Protection Act covers:
(a) Dispute relating service
(b) Dispute relating do defective products services
(c) Claims relating to industrial accidents
(d) All the above
Answer:
(b) Dispute relating do defective products services

Question 14.
Consumer court under Consumer Protection Acts means:
(a) District Forum
(b) State Commission
(c) National Commission
(d) All the above
Answer:
(d) All the above

Question 15.
The machinery for settlement of consumer disputes is:
(a) One-tier
(b) Three-tier
(c) Two-tier
(d) None of these
Answer:
(b) Three-tier

Question 16.
The disputes comes under consumer protection act are:
(a) Dispute as to sale of shares by a company
(b) Dispute of penal nature
(c) Disputes as to sales of defective goods by the seller
(d) Service disputes
Answer:
(c) Disputes as to sales of defective goods by the seller

Question 17.
District Forum can settle disputes:
(a) Upto 5 Lakh
(b) Upto 10 Lakh
(c) Upto 15 Lakh
(d) Upto 20 Lakh
Answer:
(d) Upto 20 Lakh

Question 18.
State commission can settle disputes:
(a) Upto 5 Lakh
(b) Upto 10 Lakh
(c) Upto 20 Lakh
(d) Above 20 Lakh
Answer:
(d) Above 20 Lakh

Question 19.
Under the Consumer Protection Act, complaintee means:
(a) Consumer
(b) State Government
(c) Central Government
(d) All the above
Answer:
(d) All the above

Question 20.
Entrepreneurship fails to lead:
(a) Partnership firm
(b) New corporate division
(c) New subsidiary venture
(d) None of the above
Answer:
(a) Partnership firm

Question 21.
In India entrepreneurial development programme is:
(a) Necessary
(b) Unnecessary
(c) Wastage of time
(d) Wastage of money
Answer:
(a) Necessary

Question 22.
In India, entrepreneurial development programme has been:
(a) Successful
(b) Unnecessary
(c) Need to improvement
(d) None of the above
Answer:
(c) Need to improvement

Question 23.
An entrepreneur is
(a) Born
(b) Made
(c) Born and made both
(d) All of these
Answer:
(c) Born and made both

Question 24.
Which of the following sentence is not a characteristic of entrepreneurship:
(a) Risk taking
(b) Innovation
(c) Creative activity
(d) Managerial training
Answer:
(d) Managerial training

Question 25.
Which of the following sentence is inconsistent in the context of entrepreneur:
(a) He is owner of the business
(b) He is risk taker
(c) He operates production activities
(d) He searches out business opportunities
Answer:
(c) He operates production activities

Question 26.
An entrepreneur is said to be:
(a) Promotor of economic development
(b) Motivator of economic development
(c) Both the above
(d) None of the (a) and (b)
Answer:
(c) Both the above

Question 27.
Which of the following attitudes is not generally associated with successful entrepreneurship:
(a) Competition and co-operation
(b) Desire to influence others
(c) Innovation and product improvement
(d) Status quo in business
Answer:
(b) Desire to influence others

Question 28.
The nature of management is:
(a) as an inborn ability
(b) as an acquired ability
(c) as inborn ability and as an acquired ability both
(d) None of these
Answer:
(c) as inborn ability and as an acquired ability both

Question 29.
According to George R. Terry the functions of management are:
(a) 2
(b) 4
(c) 6
(d) 7
Answer:
(b) 4

Question 30.
Co-ordination is:
(a) Voluntary
(b) Necessary
(c) Unnecessary
(d) Wastage of time
Answer:
(b) necessary

Question 31.
Management in India is:
(a) Necessary
(b) Unnecessary
(c) Luxury
(d) None
Answer:
(a) Necessary

Question 32.
According to ………….., “Management is the development of people and not the direction of things.”:
(a) Henry Fayol
(b) Lawrence Appley
(c) F. W. Taylor
(d) R. C. Davis
Answer:
(b) Lawrence Appley

Question 33.
The main cause of slow progress of India is the lack of:
(a) efficient management
(b) man power
(c) resources
(d) all of these
Answer:
(d) all of these

Question 34.
Primary element of success of management is:
(a) Satisfied employee
(b) Large capital
(c) Big market
(d) Maximum production
Answer:
(a) Satisfied employee

Question 35.
Production in scientific management is:
(a) Maximum
(b) Minimum
(c) Normal
(d) Average
Answer:
(a) Maximum

Question 36.
Who was the father of scientific management:
(a) H.S. Person
(b) Diemer
(c) F. W. Taylor
(d) Charles Babbage
Answer:
(c) F. W. Taylor

Question 37.
Management should find one best way to perform a task. Which technique of scientific management is defined in this sentence:
(a) Universal
(b) Flexible
(c) Absolute
(d) Behaviour
Answer:
(d) Behaviour

Question 38.
The essence of scientific management is …………:
(a) mental revolution
(b) remuneration
(c) not mental revolution
(d) all of these
Answer:
(a) mental revolution

Question 39.
Scientific management ………….. workers remuneration:
(a) increases
(b) decrease
(c) both
(d) neither increase nor decrease
Answer:
(a) increases

Question 40.
The scientific management is ………… owners:
(a) in favour
(b) against
(c) both
(d) helpful
Answer:
(a) in favour

Question 41.
In the beginning scientific management is …………. by works:
(a) favoured
(b) opposed
(c) both
(d) helpful
Answer:
(c) both

Question 42.
Mental work is …………:
(a) Production
(b) Management
(c) Marketing
(d) None
Answer:
(b) Management

Question 43.
Which of the following does not characterise the business environment:
(a) uncertainty
(b) employees
(c) relativity
(d) complexity
Answer:
(b) employees

Question 44.
Globalisation signifies ………..:
(a) Integration among various economic of the world
(b) Investment in public sector
(c) Investment in private sector
(d) All of these
Answer:
(a) Integration among various economic of the world

Question 45.
Which of the following is an example of social environment?
(a) composition of families
(b) consumer protection act
(c) business law
(d) privatisation
Answer:
(a) composition of families

Question 46.
Economic environment of business is influenced by ………….:
(a) economic system
(b) liberalisation
(c) globalisation
(d) privatisation
Answer:
(a) economic system

Question 47.
The main objective of budgeting is
(a) Planning
(b) Co-ordinating
(c) Control
(d) All of these
Answer:
(d) All of these

Question 48.
Which of the following is not a limitation of planning?
(a) Wastage of time
(b) Basis of control
(c) Rigidity
(d) Huge cost
Answer:
(b) Basis of control

Question 49.
Organising process involves
(a) Grouping of identical work
(b) Division of a work
(c) Assigning work to appropriate persons
(d) All of these
Answer:
(d) All of these

Question 50.
Delegation can be done of
(a) Authority
(b) Responsibility
(c) Accountability
(d) None of these
Answer:
(a) Authority

Question 51.
Comprehensive plan for accomplishing an organisation’s objectives is known as
(a) Policy
(b) Programme
(c) Objective
(d) Strategy
Answer:
(d) Strategy

Question 52.
Centralisation refers to …………
(a) Rotation of authority
(b) Dispersal of authority
(c) Creating profit centre
(d) Opening new centre
Answer:
(a) Rotation of authority

Question 53.
Development of employees involves
(a) Promotion
(b) Transfer
(c) Training
(d) All of these
Answer:
(d) All of these

Question 54.
Human resource management includes
(a) Recruitment
(b) Selection
(c) Training
(d) All of these
Answer:
(d) All of these

Question 55.
“Needs hierarchy theory” of motivation is given by
(a) Herzberg
(b) Maslow
(c) Eltor
(d) None of them
Answer:
(b) Maslow

Question 56.
Planning is:
(a) Past
(b) Future
(c) Present
(d) All time
Answer:
(d) All time

Question 57.
Planning involves ………….:
(a) What to do
(b) When to do
(c) How to do
(d) All of these
Answer:
(d) All of these

Question 58.
Which of the following is not a limitation of planning?
(a) Wastage of time
(b) Basis of control
(c) Rigidity
(d) Huge cost
Answer:
(b) Basis of control

Question 59.
Of all managerial activities planning is the:
(a) Beginning
(b) End
(c) Both
(d) None of these
Answer:
(c) Both

Question 60.
Planning is:
(a) Goal-oriented
(b) Objective oriented
(c) Mental process
(d) All of above
Answer:
(d) All of above

Question 61.
Management is
(a) Art
(b) Science
(c) Both
(d) None of these
Answer:
(c) Both

Question 62.
Management has social responsibility towards whom?
(a) Society as a whole
(b) The Government
(c) Organisation
(d) None of these
Answer:
(a) Society as a whole

Question 63.
Which of the following is the function of management?
(a) Planning
(b) Organising
(c) Directing
(d) All of these
Answer:
(d) All of these

Question 64.
The father of scientific management was
(a) Gilbreth
(b) Taylor
(c) Robertson
(d) None of these
Answer:
(b) Taylor

Question 65.
Fourteen principles of management was given by
(a) Henry Fayol
(b) F. w. Taylor
(c) Peter Drucker
(d) A. H. Maslow
Answer:
(a) Henry Fayol

Question 66.
Henry Fayol’s principles of management are
(a) 10
(b) 3
(c) 14
(d) 15
Answer:
(c) 14

Question 67.
Principles of management are
(a) Universal
(b) Flexible
(c) Absolute
(d) Behavioural
Answer:
(c) Absolute

Question 68.
Which of the following Is an example of social environment?
(a) Money supply
(b) Consumer Protection Act
(c) The Indian Constitution
(d) Composition of family
Answer:
(d) Composition of family

Question 69.
Business environment does not help
(a) Threats
(b) Opportunities
(c) Resources
(d) Certainty
Answer:
(d) Certainty

Question 70.
Planning is
(a) Past
(b) Future
(c) Present
(d) All time
Answer:
(d) All time

Question 71.
The father of scientific management was:
(a) Gilbreth
(b) Taylor
(c) Robertson
(d) Watson
Answer:
(b) Taylor

Question 72.
The propounder of administrative management were:
(a) Fayol
(b) Taylor
(c) Terry
(d) Watson
Answer:
(a) Fayol

Question 73.
A good plan is:
(a) Expensive
(b) Time consuming
(c) Flexible
(d) Rigid
Answer:
(c) Flexible

Question 74.
Responsibility is of:
(a) Subordinate
(b) Officer
(c) Both (a) and (b)
(d) None of these
Answer:
(b) Officer

Question 75.
Authority can not be delegated of:
(a) Routine work
(b) Secret work
(c) Ordinary work
(d) Easy work
Answer:
(b) Secret work

Question 76.
“A plan is a trap to capture the future.” This statement is of:
(a) Newnan
(b) Hurley
(c) Allen
(d) Terry
Answer:
(c) Allen

Question 77.
Organising process involves:
(a) Grouping of identical work
(b) Division of a work
(c) Assigning work to appropriate persons
(d) None
Answer:
(d) None

Question 78.
Authority can not be delegated of ………..:
(a) Routine work
(b) Secret work
(C) Ordinary work
(d) Easy work
Answer:
(b) Secret work

Question 79.
Centralisation refers to:
(a) Retention or authority
(b) Dispersal or authoriry
(c) Creating profit centre
(d) Opening new centre
Answer:
(a) Retention or authority

Question 80.
Comprehensive plan for accomplishing an organisation’s objectives is known as:
(a) Policy
(b) Programme
(c) Objective
(d) Strategy
Answer:
(a) Policy