Bihar Board 12th Business Studies Objective Questions and Answers
Bihar Board 12th Business Studies VVI Objective Questions Model Set 2 in English
Question 1.
How many levels of management are ?
(A) 3
(B) 4
(C) 5
(D) 6
Answer:
(A) 3
Question 2.
The social responsibility of management is :
(A) Towards all
(B) Towards employee
(C) Towards Govt.
(D) Towards society
Answer:
(A) Towards all
Question 3.
“Management is a profession.” This statement is of:
(A) G.R. Terry
(B) AMA
(C) Henry Fayol
(D) Taylor
Answer:
(B) AMA
Question 4.
Management is the development of men and not the direction of things _______ This statement is of:
(A) L.P. Appley
(B) R. C. Devis
(C) Keith & Gubelline
(D) Henry Fayol
Answer:
(A) L.P. Appley
Question 5.
The foremost need of development in a country is of:
(A) Physical Resources
(B) Economic Resources
(C) Human Resources
(D) Efficient Management
Answer:
(D) Efficient Management
Question 6.
Higher level management spend on planning part of his time:
(A) 35%
(B) 50%
(C) 75%
(D) 100%
Answer:
(A) 35%
Question 7.
The essence of management is :
(A) Planning
(B) Organisation
(C) Staffing
(D) Co-ordination
Answer:
(A) Planning
Question 8.
Co-ordination is established :
(A) Between groups
(B) Between departments
(C) Between management and workers
(D) Above all
Answer:
(A) Between groups
Question 9.
The main functions of management according to Koontz O’Donel are:
(A) 2
(B) 4
(C) 6
(D) 8
Answer:
(A) 2
Question 10.
Maximum incentive giving function management to employees is:
(A) Staffing
(B) Motivation
(C) organisation
(D) Controlling
Answer:
(B) Motivation
Question 11.
Organisation is automatically formed :
(A) Functional
(B) Informal
(C) Formal
(D) Divisional
Answer:
(B) Informal
Question 12.
Authority can not be delegated of. ________:
(A) Routine work
(B) Secret work
(C) ordinary work
(D) Easy work
Answer:
(B) Secret work
Question 13.
For delegation to be effective, it is essential that responsi-bility is acompanied with necessary :
(A) Authority
(B) Man power
(C) Incentives
(D) Promotions
Answer:
(A) Authority
Question 14.
Delegation can be done of:
(A) Authority
(B) Officer
(C) Accountability
(D) None of these
Answer:
(A) Authority
Question 15.
Responsibility is of:
(A) Subordinate
(B) Responsibility
(C) Both (A) and (B)
(D) None of these 15.
Answer:
(B) Responsibility
Question 16.
Management itself expands:
(A) Through delegations
(B) Through centralisation
(C) Through decentralisation
(D) Through all
Answer:
(A) Through delegations
Question 17.
Delegation of authority means delegation to subordinates of:
(A) Work
(B) Work and related authority
(C) Responsibility
(D) Accountability
Answer:
(B) Work and related authority
Question 18.
In a large size enterprise delegations is :
(A) Compulsory
(B) Voluntary
(C) Necessary
(D) None of these
Answer:
(A) Compulsory
Question 19.
For effective delegation is necessary :
(A) Facility to contact
(B) Atmosphere of Co-operation and Co-ordination
(C) Clear explanation of authorities
(D) All of these
Answer:
(D) All of these
Question 20.
Recruitment in the life of organisation is :
(A) Continuous
(B) Occasionally
(C) Once
(D) Twice
Answer:
(A) Continuous
Question 21.
Management control is done :
(A) By Lower Level Managers
(B) By Middle Level Managers
(D) None of these
(C) By Level Managers
Answer:
(D) None of these
Question 22.
Money market deals in:
(A) Short-term funds
(B) Medium-term funds
(C) Long-term funds
(D) None of these
Answer:
(A) Short-term funds
Question 23.
Creates liquidity:
(A) Organised market
(B) Unorganised market
(C) Primary market
(D) Secondary market
Answer:
(D) Secondary market
Question 24.
Stock exchange protects the interest of:
(A) Investor
(B) Company
(C) Government
(D) None of these
Answer:
(A) Investor
Question 25.
Legally SEBI was established in :
(A) 1988
(B) 1990
(C) 1992
(D) 1994
Answer:
(C) 1992
Question 26.
In new issued shares deals :
(A) Secondary market
(B) Primary market
(C) Secondary and Primary market both
(D) None of these
Answer:
(B) Primary market
Question 27.
Capital market deals in :
(A) Short-term funds
(B) Long-term funds
(C) Medium-term funds
(D) None of these
Answer:
(C) Medium-term funds
Question 28.
Regional Office of SEBI is situated in :
(A) Delhi
(B) Kolkata
(C) Chennai
(D) All these three
Answer:
(D) All these three
Question 29.
The number of stock exchange in 2004 was :
(A) 20
(B) 21
(C) 23
(D) 24
Answer:
(D) 24
Question 30.
The foremost stock exchange in the world was established in :
(A) Delhi
(B) London
(C) America
(D) Japan
Answer:
(B) London
Question 31.
In India entrepreneurial development programme is :
(A) Necessary
(B) Unnecessary
(C) Wastage of time
(D) Wastage of money
Answer:
(A) Necessary
Question 32.
Entrepreneurial development programme provides :
(A) Self-employment
(B) Increase in skill of the entrepreneurship
(C) Education and training
(D) All cf these
Answer:
(D) All cf these
Question 33.
In India, entrepreneurial development programme has been:
(A) Successful
(B) Unsuccessful
(C) Need of improvement
(D) None of the above
Answer:
(C) Need of improvement
Question 34.
An entrepreneur is :
(A) Born
(B) Made
(C) Born and made both
(D) All of these
Answer:
(C) Born and made both
Question 35.
Entrepreneurial Development Institute of India is established in :
(A) Ahmedabad
(B) Mumbai
(C) New Delhi
(D) Chennai
Answer:
(A) Ahmedabad
Question 36.
Indian Investment Centre was established by:
(A) Government of India
(B) Madhya Pradesh Government
(C) Maharastra Government
(D) Gujarat Government
Answer:
(B) Madhya Pradesh Government
Question 37.
The future of entrepreneurship in India is :
(A) In dark
(B) Bright
(C) In difficulty
(D) None of these
Answer:
(B) Bright
Question 38.
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 39.
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 40.
The function of entrepreneur are :
(A) To imagine a business idea
(B) To study project feasibility
(C) To setup enterprise
(D) All the above
Answer:
(D) All the above
Question 41.
In the nature of social responsibility of management applies:
(A) Buyer beware
(B) Seller beware law
(C) None of the two
(D) None of these
Answer:
(B) Seller beware law
Question 42.
Henry Fayol was a :
(A) Social Scientist
(B) Mining Engineer
(C) Accountant
(D) Production Engineer
Answer:
(B) Mining Engineer
Question 43.
Which of the following best indicates the importance of business environment:
(A) identification
(B) Improvement in Pertormance
(C) Coping with rapid change
(D) All of them
Answer:
(D) All of them
Question 44.
Gronping of Activities on the basis of Produect line is a part of:
(A) Delegated organistion
(B) Divisional organisation
(C) Functional organisation
(D) Autonomous organisation
Answer:
(B) Divisional organisation
Question 45.
Selection of executives is :
(A) Lower level executives
(B) Middle level executives
(C) Top level executives
(D) All of these
Answer:
(D) All of these
Question 46.
The highest level need in the need Hierarchy of Abrabum Maslow:
(A) Safety need
(B) Belonging ness need
(C) Self actualisation need
(D) Prestige need
Answer:
(C) Self actualisation need
Question 47.
Budgetary central requires the preparation of:
(A) Training schedule
(B) Budgets
(C) Net work diagram
(D) Responsibility centres
Answer:
(B) Budgets
Question 48.
Treasury bill are basically:
(A) An instrument to borrow shorttirm funds
(B) An instrument to borrow long term funds
(C) An instrument to capital market
(D) None of the above
Answer:
(A) An instrument to borrow shorttirm funds
Question 49.
The factors affecting product mix are:
(A) Marketing
(B) Production
(C) Financial
(D) All of these
Answer:
(A) Marketing
Question 50.
Maslow’s Hierarchy of needs theory is governed by the fact that:
(A) People are universally motivated by needs
(B) People are socially motivated by needs
(C) People are politically by needs
(D) None of the above
Answer:
(C) People are politically by needs