We have completed the NCERT/CBSE chapter-wise Multiple Choice Class 12 Business Studies Chapter 3 Business Environment with Answers by expert subject teacher for latest syllabus and examination. Prepare effectively for the exam taking the help of the Class 12 Business Studies Objective Questions PDF free of cost from here. Students also can take a free test of the Multiple Choice Questions of Business Environment. Each Qhas four options followed by the right answer. Download the Business Studies Quiz Questions with Answers for Class 12 Pdf and prepare to help students understand the concept very well.
MCQ Questions for Class 12 Business Studies with Answers
Q1. What creates fear in the minds of investors to invest in long term projects?
(i) Privatisation
(ii) Political Uncertainty
(iii) Liberalisation
(iv) None of the above
(ii) Political Uncertainty
Q2. Liberalisation means
(i) Integration among economies
(ii) Reduced government controls and restrictions
(iii) Policy of planned disinvestments
(iv) None of them
(ii) Reduced government controls and restrictions
Q3. Which of the following creates fear in the minds of investors?
(i) Political uncertainty
(ii) New innovations
(iii) None of these
(iv) Technological improvements
(i) Political uncertainty
Q4. Globalisation means
(i) reduced role of public sector
(ii) integration of economies
(iii) lowering interest rates
(iv) control of inflation
(ii) integration of economies
Q5. Celebration of Diwali is the example of:
(i) Technological Environment
(ii) Social Environment
(iii) Political Environment
(iv) Legal Environment
(ii) Social Environment
Q6. Business environment is a group of powers.
(i) Special
(ii) General
(iii) Internal
(iv) Special and General
(iv) Special and General
Q7. Export promotion is concerned with
(i) Privatisation
(ii) Globalisation
(iii) Liberalisation
(iv) None of the above
(ii) Globalisation
Q8. -feature of business environment states that various factors of business environment affect each other.
(i) Pervasive
(ii) Continuous
(iii) Dynamic
(iv) Interrelatedness
(iv) Interrelatedness
Q9. Export promotion is concerned with
(i) Privatisation
(ii) Globalisation
(iii) Liberalisation
(iv) None of the above
(ii) Globalisation
Q10. The entry of the multinational companies in large numbers in the Indian market has created .
(i) Huge Demand
(ii) Huge Supply
(iii) Tough Competition
(iv) Huge Demand and Supply
(iii) Tough Competition
Q11. Advance understanding of business environment will help in
(i) Privatisation
(ii) Planning and Policy Formulation
(iii) Developing new principles of management
(iv) None of the above
(ii) Planning and Policy Formulation
Q12. India’s population is expected to grow under 0.5 per cent during 2031-41 due to decline in fertility rate and increase in life expectancy. These changes in India’s demography will also have implications such as the proportion of elementary school-going children will witness significant declines, lack of hospital beds and increase in retirement age. The related feature of business environment being described in the above lines is
(i) Totality of external forces
(ii) Dynamic nature
(iii) Interrelatedness
(iv) Relativity
(iii) Interrelatedness
Q13. Increased competition in the market will
(i) Increase the tax
(ii) Increase the profit
(iii) Increase the cost of production
(iv) Reduce the profit margin
(iv) Reduce the profit margin
Q14. The income and expenditure policy of the government is called.
(i) Fiscal Policy
(ii) Industrial Policy
(iii) Trade Policy
(iv) Monetary Reforms
(i) Fiscal Policy
Q15. Reduction in the role of public sector is due to
(i) Political Environment
(ii) Privatisation
(iii) Globalisation
(iv) Liberalisation
(ii) Privatisation
Q16. Technological improvements and innovations result in
(i) Increase in tax
(ii) Render existing products obsolete
(iii) Reduction in profit margins
(iv) None of the above
(ii) Render existing products obsolete
Q17. Which of the following deals with the process of simplification of Import-Export?
(i) Liberalisation
(ii) Privatisation
(iii) Liberalisation and Privatisation
(iv) Globalisation
(i) Liberalisation
Q18. When a company taken over another one and clearly becomes the new owner, the action is called
(i) Merger
(ii) Acquisition
(iii) Strategic Alliance
(iv) None of the above
(ii) Acquisition
Q19. Globalisation aims at
(i) Export Promotion
(ii) Foreign exchange reforms
(iii) Import liberalization
(iv) All of the above
(iv) All of the above
Q20. Which factor is not included in Internal Environment?
(i) Objective
(ii) Policies
(iii) Public
(iv) Production-Method
(iii) Public
Q21. Rise in GDP lead to rise in
(i) Increase in new taxes
(ii) Cost of Production
(iii) Disposable income of people
(iv) None of the above
(iii) Disposable income of people
Q22.Which of the following does not characterize the business environment?
(i) Complexity
(ii) Relativity
(iii) Employees
(iv) Uncertainty
(iii) Employees
Q23. A possible obstacle to growth of privatisation is
(i) Sale of least profitable enterprises
(ii) Profit earned by public enterprises
(iii) Licensing
(iv) All the options
(i) Sale of least profitable enterprises
Q24. External environment trends and changes will provide
(i) Threats
(ii) Goodwill
(iii) Less Competition
(iv) Profits
(i) Threats
Q25. External environment trends and changes will provide
(i) Threats
(ii) Goodwill
(iii) Less Competition
(iv) Profits
(i) Threats
Q26. Privatisation of ownership through sale of equity share is called
(i) Disinvestment
(ii) Denationalisation
(iii) Contracting
(iv) None of the options
(i) Disinvestment
Q27. Which of the following best indicates the importance of business environment?
(i) Coping with rapid changes
(ii) Identification
(iii) Improvement in performance
(iv) All of the above
(iv) All of the above
We Think the given NCERT MCQ Questions for class 12 Business Studies book Chapter 3 Business Environment with Answers Pdf free download will assist you. If you’ve got any queries regarding CBSE Class 12 Business Studies Business Environment MCQs Multiple Choice Questions with Answers, drop a comment below and that we will come back to you soon.
MCQ Questions for Class 12 Business Studies with Answers
- Lesson 1. Nature and Significance of Management MCQ Questions
- Lesson 2. Principles of Management MCQ Questions
- Lesson 3. Business Environment MCQ Questions
- Lesson 4. Planning MCQ Questions
- Lesson 5. Organising MCQ Questions
- Lesson 6. Staffing MCQ Questions
- Lesson 7. Directing MCQ Questions
- Lesson 8. Controlling MCQ Questions
- Lesson 9. Financial Management MCQ Questions
- Lesson 10. Financial Market MCQ Questions
- Lesson 11. Marketing MCQ Questions MCQ Questions
- Lesson 12. Consumer Protection MCQ Questions