Management MCQ Test on Overview of Business

Quiz

 

1. Industrial Sector involves
   1.   Construction
   2.   Fisheries
   3.   Textile
   4.   All of the Above
2. Types of business
   1.   Service
   2.   Manufacturing
   3.   Trade
   4.   All of the Above
3. Textile industrial sector involves
   1.   Petrochemical
   2.   Sericulture
   3.   Tobacco
   4.   Seeds
4. Top agro industry in India is
   1.   DuPont India
   2.   FabIndia
   3.   Pidilite
   4.   None of the
5. Cipla is a
   1.   Textile Industry
   2.   Process Industry
   3.   IT industry
   4.   Chemical Industry
6. WTO stands for
   1.   World Test Organization
   2.   World Trade Organization
   3.   Work Test Organization
   4.   World Trade Organics
7. ITO stands for
   1.   International Trance Organization
   2.   International Test Organization
   3.   Internal Trade Organization
   4.   International Trade Organization
8. LPG___________________.
   1.   Liquid, Petroleum, Gas
   2.   Liberalization,Privatization, Globalization
   3.   Liberate, Private, Globalization
   4.   Liberate, Private,Global
9. According to Drucker , the purpose of business
   1.   To get money
   2.   To acquire success in market
   3.   To satisfy customers
   4.   To create and keep customers
10. Which one of the following is a fertilizer?
    1.   Nitrogen
    2.   Soda ash
    3.   Chlorine
    4.   Ammonia
11. What are the types of trade?
    1.   Profitable and loss
    2.   Singular and plural
    3.   Bilateral and multilateral
    4.   Direct and indirect
12. Which one of the largest segment in Indian industry?
    1.   Textile industry
    2.   Banking industry
    3.   Chemical industry
    4.   Engineering industry
13. What is mainstay of Indian Economy?
    1.   Agriculture
    2.   Chemicals
    3.   Engineering
    4.   Textile industries
14. Retailers can be classified into
    1.   Big and Small
    2.   Classified and Non-classified
    3.   Individual and group
    4.   Organized and unorganized
15. The process of transferring ownership of business from sector to private sector is:
    1.   Privatization
    2.   Liberalization
    3.   Trading
    4.   Globalization