GM02 Assignment 1

  Question 1:- Various environmental factors that effect business are-    

a) Economic Environment

b) Political Environment

c) Social-Cultural Environment

d) All of the Above

Question 2:- _______________________demonstrated the state of competition in an industry as a composite of five competitive forces.        

a) Narendra Singh Modi

b) Manmohan Singh                      

c) Michael Porter

d) Justin Paul

Question 3:- ____________is the buyer in the stock market     

a) Bull

b) Bear

c) Insider                     

d) None of these

Question 4:- According to Consumer Protection Act _______________means any dispute where the person against whom a complaint has been made, denies the allegations contained in the complaint.       

a) defect

b) consumer dispute

c) notification

d) None of these

Question 5:- Balanced regional Development, Share in Capital Formation, Employment generation and Resource Mobilization etc. highlight the major role played by ___________________in developing the economy.      

a) Small scale industries

b) Public Sector Enterprises

c) Ancillary Units

d) Private Sector

Question 6:- Focus on Social Environment is related to

a) Unity of command

b) Human Relations

c) Unity of Direction

d) All of the above

Question 7:- Giving concessions or benefits on the basis of turnover or giving large discount to large buyers is considered as part of __________________

a) Collective Bidding

b) Exclusive Dealing Agreement

c) Discriminatory Dealing

d) None of these

Question 8:- IDRA (Industries Development and Regulation Act ) was formed in the year     

a) 1950

b) 1999

c) 2009

d) 2011

Question 9:- Joint sector in India means joint partnership between _____________and ____________  

a) rich and poor

b) state and centre

c) state and private promoter

d) None of these

Question 10:- Micro factors of external business environment do not include  

a) Competitors

b) Customers

c) Government Policies

d) None of these

Question 11:- State True or False- Environmental Scanning refer to the process by which organizations monitor their environment to identify opportunities and threats affecting business.     

a) true

b) false

Question 12:- State True or False- FERA authorizes only RBI to deal with foreign exchange transactions  

a) true

b) false

Question 13:- State True or False- Rival Firms & Substitute Products comprises of Internal Environment of Business       

a) true

b) false

Question 14:- SWOT stands for     

a) Software Warehousing of Threats

b) Single Optimism Techniques

c) Strength, Weaknesses, Opportunities & Threats

d) None of these

Question 15:- The competition Act was introduced in the year  

a) 2012

b) 2002

c) 2000

d) 2010

Question 16:- The objective of New Industrial Policy of 1991 was-        

a) Industrialization

b) Socialization

c) Globalization

d) None of these

Question 17:- The process by which an organization monitors their environment to identify opportunities and threats affecting their business is known as___________________   

a) Scanning

b) Bargaining

c) Forecasting

d) None of these

Question 18:- Under consumer dispute redressal system, the three tier forum comprises of –          

a) District Forum

b) State Forum

c) National commission

d) All of these

Question 19:- Violation of FERA was criminal offence while violation of FEMA was______________offence            

a) Civil

b) criminal      

c) political

d) None of these

Question 20:- Which of the following is not one of the restrictive trade practices:        

a) Bargain price

b) Restriction on buying

c) Tie in Sales

d) Exclusive Dealing Agreement

 

GM02 Assignment 2

Question 1:- __________________ is the master financial plan of the government.

a) Plan Expenditure

b) Non- Plan Expenditure

c) Budget

d) Economic Survey

Question 2:- ________________ clause refers to treating one trading partner equally on the principle of non- discrimination.          

a) Dumping

b) Most Favored Nation

c) Multi fibre arrangement

d) None of these

Question 3:- _______________ refer to the businessman’s decision and action’s taken for reasons beyond the firm’s direct economic interest.            

a) Economic Responsibility

b) Social Responsibility

c) Political Responsibility                      

d) None of these

Question 4:- _____________ refers to the process of making the technology fit for the organization.         

a) Technology Adoption

b) Technology Diffusion

c) Technology Variation

d) None of these

Question 5:- Board of Industrial & Financial Reconstruction (BIFR) was formed with the objective of –        

a) Reviving & rehabilitating sick units

b) Funding for major manufacturing projects

c) Funding Non performing assets

d) None of these

Question 6:- Circulation of letters to the bank regarding the policies and priorities of RBI regarding the credit control and money supply-  

a) Moral Suasion

b) Liquidity Adjustment Facility

c) Credit Rationing         

d) None of these

Question 7:- Financing for areas like agriculture, rural development, irrigation, mineral , transport etc. comes under the category of –         

a) Non-Planned Expenditure

b) Planned Expenditure

c) Revenue Receipts

d) None of these

Question 8:- In India GST became effective from

a) 1st February 2017

b) 1st March 2017

c) 1st July 2017

d) 1st August 2017

Question 9:- Integrating the domestic economy with the World Economy is called_________________   

a) Privatization                  

b) Nationalization

c) Globalization

d) None of these

Question 10. enterprise is an undertaking owned and managed by government.       

a) Public Sector              

b) Private Sector

c) Joint Sector

d) None of these

Question 11:- SIDBI, established in 1990 was a wholly owned subsidiary of-  

a) IDBI

b) ICICI

c) IFCI

d) None of these

Question 12:- SSI sector in India creates largest employment opportunities for the Indian population, next to – 

a) Agriculture           

b) Manufacturing

c) Service Sector

d) None of these

Question 13:- State True of False – Culture can be referred as a set of values, ideas, artifacts and other meaningful symbols that help individual to communicate .          

a) true

b) false

Question 14:- State True or False – Industrial Sickness id defined as an industrial company (being a company registered for not less than five years) which has, at the end of any financial year, accumulated losses equal to, or exceeding, its entire net worth and has also suffered cash losses in such financial year and the financial year immediately preceding such financial year  

a) true

b) false

Question 15:- State True or False – In Free Trade Area (FTA) countries we eliminate duties among themselves while maintaining them with outsiders.          

a) true

b) false

Question 16:- Technology_______________is the application of technology to a new user.           

a) Technology Adoption                      

b) Technology Diffusion

c) Technology Transfer

d) None of these

Question 17:- The extent of ______________of a technology at any given time is defined by the degree to which it is being applied at that time.         

a) adoption

b) diffusion

c) transfer

d) None of these

Question 18:- The rate at which RBI lends to banks for short period of time by RBI buying government bonds from banks with an agreement to sell them back at a fixed rate.            

a) CRR

b) SLR

c) Repo Rate

d) None of these

Question 19:- Which of the following is not responsible for Industrial sickness?          

a) Government Policies

b) Managerial Competency

c) Entrepreneurial Incompetence

d) Demand & Credit Restraints

Question 20:- Which of the following is the function of RBI?       

a) Issue of Currency

b) Banker to Government

c) Exchange Management & Credit

d) All of the Above