List of top Business Studies Questions

Match List I with List II

LIST I	LIST II
A. Unity of command	III. Only one boss for every individual employee
B. Remuneration	I. Pay and compensation should be fair to employees and organisation
C. Equity	IV. Fairness to all employees
D. Decentralisation	II. Distribution of decision making authority amongst many personnel

Match List I with List II

LIST I	LIST II
A. Political environment	III. General stability of elected govt and its attitude towards business
B. Economic environment	IV. Change in interest rate, inflation and disposable income
C. Social environment	I. Consumption & habits pattern of household
D. Technological environment	II. Scientific improvements and innovations

Which among these is not a traditional method of controlling.

Characteristics of entrepreneurship include:
A. Lawful and purposeful Activity
B. Low level of risk
C. Innovation
D. Systematic Activity
E. Organisation of production
Choose the correct answer from the options given below:

"The formal lines of authority from highest to lowest ranks are known as ........."

Arrange the following steps of organising process in a logical sequence.
A. Establishing authority and reporting relationship
B. Identification of work
C. Departmentalisation
D. Division of work
E. Assignment of duties
Choose the correct answer from the options given below:

Identify single use plans from the following plans.

Capital Structure refers to the mix between owners and borrowed funds. Which of the following is the correct formula?

To become a Chartered Accountant in India, a candidate has to clear a specified examination conducted by the Institute of Chartered Accountants of India. Which Characteristic of management as a profession is highlighted in the above statement?

If there was no planning, employees would be working in different directions and the organisation would not be able to achieve its desired goals.
Which of the following importance of planning is highlighted in the above lines?

Identify the step/element which is not a part of motivation process.

Identify the correct sequence of first 5 steps of the planning process:
(A) Developing premises
(B) Identifying alternative courses of action
(C) Evaluating alternative courses
(D) Setting objectives
(E) Selecting an alternative
Choose the correct answer from the options given below:

Match List I with List II

LIST I	LIST II
A. Production concept	II. Quantity of product
B. Product concept	IV. Quality of product
C. Selling concept	III. Aggressive selling techniques
D. Marketing concept	I. Satisfaction of customer needs

As per Consumer Protection Act, 2019, District commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration.
Which of the following statements is correct?

Consumer protection is important due to widespread ______ of consumers about their rights and reliefs.

Which among the following factors affects capital budgeting decision?
A. Floatation cost
B. Cash flow of project
C. Control considerations
D. The rate of return
E. The investment criteria involved
Choose the correct answer from the options given below:

Identify the correct features of Business Environment.

Arrange the following in a proper sequence (in respect of distribution channel):
A. Agent
B. Retailer
C. Customer
D. Manufacturer
E. Wholesaler
Choose the correct answer from the options given below:

Consider the following facts about management: A. Efficiency and effectiveness both terms have similar meaning.
B. Effectiveness and efficiency both terms do not have similar meaning.
C. Management has four dimensions.
D. Management has three dimensions.
E. Principles of management are not as exact as the Principles of Science. Choose the correct answer from the options given below:

Choose the correct sequence of first five steps of setting up a business.
A. Appraisal by the funding agencies
B. Scanning the environment for entrepreneurial opportunities
C. Assessment of feasibility of the idea and preparation of business plan
D. Resource mobilisation
E. Development of product/service idea
Choose the correct answer from the options given below:

Match List-I with List-II.

List-I		List-II
(A)	Economic environment	(I)	Legislations Passed
(B)	Social environment	(II)	Stock market Indices
(C)	Technological environment	(III)	New Methods and Techniques
(D)	Legal environment	(IV)	Traditions

Choose the correct answer from the options given below:

Identify the general plan prepared by top Management outlining resource allocation, priorities and takes into consideration the business environment and competition.

Match List-I with List-II.

List-I		List-II
(A)	Objectives	(I)	General Statements
(B)	Strategy	(II)	Routine steps
(C)	Policy	(III)	Comprehensive plan
(D)	Procedure	(IV)	End point of planning

Choose the correct answer from the options given below:

As per Consumer Protection Act 2019, Under which right, the consumer has the freedom to access variety of products at competitive prices :-

Match List-I with List-II.

List-I	List-II
(A) Apprenticeship Programmes	(I) Stimulates the work environment
(B) Internship Training	(II) Training is conducted away from actual work floor
(C) Vestibule Training	(III) Acquire practical knowledge and skills along with regular studies
(D) Computer Modelling	(IV) Put the trainee under the guidance of a master worker

Choose the correct answer from the options given below:

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