Bihar Board 12th Business Studies VVI Objective Questions Model Set 5 in English

Bihar Board 12th Business Studies Objective Questions and Answers

Bihar Board 12th Business Studies VVI Objective Questions Model Set 5 in English

Question 1.
Henri Fayol was a ………………..
(A) Scientist
(B) Mining engineer
(C) Accountant
(D) Production engineer
Answer:
(B) Mining engineer

Question 2.
Of all managerial activities planning is the:
(A) Beginnings
(B) End
(C) Beginning and end both
(D) None of these
Answer:
(C) Beginning and end both

Question 3.
Staffing is:
(A) part of organisation
(B) function of Management
(C) part of personnel Management
(D) all of the above
Answer:
(D) all of the above

Question 4.
How are the principles of Management formed ?
(A) In a laboratory
(B) By experiences of managers
(C) By experiences of customers
(D) By propagation of social scientists
Answer:
(B) By experiences of managers

Question 5.
The following is not an objective of Management:
(A) earning profits
(B) growth of the organisation
(C) providing employment
(D) policy making
Answer:
(C) providing employment

Question 6.
Controlling is the aspect of Management:
(A) theoretical
(B) practical
(C) mental
(D) physical
Answer:
(B) practical

Question 7.
Commercial bill is written :
(A) by purchaser
(B) by seller
(C) by bank
(D) by the government
Answer:
(C) by bank

Question 8.
Marketing concept is:
(A) Production-oriented
(B) Sales-oriented
(C) Customer-oriented
(D) All the three
Answer:
(B) Sales-oriented

Question 9.
Which of the following statements best describes the principle of ‘Division of Work’
(A) Work should be divided into small tasks.
(B) Labour should be divided
(C) Resources should be divided among jobs
(D) It leads to specialisation
Answer:
(A) Work should be divided into small tasks.

Question 10.
Management control is done :
(A) by lower level managers
(B) by middle level managers
(C) by top level managers
(D) by all level managers
Answer:
(D) by all level managers

Question 11.
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 12.
Treasury Bills are basically :
(A) An instrument to borrow short term funds
(B) An instrument to borrow long-term funds
(C) An instrument of capital market
(D) None of the above
Answer:
(A) An instrument to borrow short term funds

Question 13.
Policy formulation is the function of:
(A) top level managers
(B) middle level managers
(C) operational Management
(D) all of the above
Answer:
(A) top level managers

Question 14.
Consumer dispute settlement agencies are :
(A) District Forum
(B) State commission
(C) National commission
(D) All the above
Answer:
(D) All the above

Question 15.
There is no discipline in………Organisation :
(A) formal
(B) divisional
(C) functional
(D) informal
Answer:
(D) informal

Question 16.
Goods may be purchased on the basis of:
(A) inspection
(B) pattern and sample
(C) description and brand
(D) all of the above
Answer:
(D) all of the above

Question 17.
The cheapest source of Finance is :
(A) debenture share
(B) equity share capital
(C) preference share
(D) retained earning
Answer:
(B) equity share capital.

Question 18.
Supervisor is………….of the workers.
(A) friend
(B) guide
(C) philosopher
(D) all of these
Answer:
(B) guide

Question 19.
Budget refers to:
(A) Planned target of performance
(B) Use of handling future activities
(C) Systematic action and allocation of resources
(D) Statement of expected results expressed in numerical terms
Answer:
(D) Statement of expected results expressed in numerical terms

Question 20.
In which form of Management science is :
(A) Pure Science
(B) Soft Science
(C) Semi Science
(D) None of these
Answer:
(B) Soft Science

Question 21.
Recruitment in the life of Organisation is done :
(A) Once
(B) Twice
(C) Occasionally
(D) Continuosly
Answer:
(D) Continuosly

Question 22.
Marketing means:
(A) Transfer of ownership
(B) Formation of marketing policies
(C) Salesmanship and sales promotion
(D) All of the above
Answer:
(B) Formation of marketing policies

Question 23.
Which of the following is not a principle of Management given by Taylor ?
(A) Science, not rule of thumb
(B) Functional foremanship
(C) Co-operation, not individualism
(D) Harmony, not discord
Answer:
(B) Functional foremanship

Question 24.
Which of the following is not a controlling technique ?
(A) Break-even anaysis
(B) Cash flow statement
(C) Budget
(D) Managerial Audit
Answer:
(B) Cash flow statement

Question 25.
In India Entrepreneurial development programme is :
(A) Necessary
(B) Unnecessary
(C) Wastage of time
(D) wastage of money
Answer:
(A) Necessary

Question 26.
The disputes coming under Consumer Protection Act are :
(A) Dispute as to shares of company
(B) Dispute as to service
(C) Dispute as to sale of defective goods by the seller
(D) None of these
Answer:
(C) Dispute as to sale of defective goods by the seller

Question 27.
Stock exchange protects the interest of:
(A) Investors
(B) Company
(C) Government
(D) None of these
Answer:
(A) Investors

Question 28.
Which of the following is not an element of promotion mix ?
(A) Advertisement
(B) Personal selling
(C) Sales Promotion
(D) Product Development
Answer:
(D) Product Development

Question 29.
Co-ordination is:
(A) Voluntary
(B) Necessary
(C) Unnecessary
(D) Wastage of time
Answer:
(B) Necessary

Question 30.
Principle of Management are :
(A) dynamic
(B) flexible
(C) Universal
(D) all of above
Answer:
(D) all of above

Question 31.
……………refers to those general statement which are decided for the guidance of the employees while taking decision.
(A) objectives
(B) strategy
(C) policies
(D) All of the above
Answer:
(B) strategy

Question 32.
In the process of delegation, accountability cannot be :
(A) shared
(B) delegated
(C) neither (A) and nor (B)
(D) both (A) and (B)
Answer:
(D) both (A) and (B)

Question 33.
Management itself expands:
(A) Through delegation
(B) Through centralisation
(C) Through decentralisation
(D) Through all
Answer:
(A) Through delegation

Question 34.
Control is the……………..function of the Management:
(A) first
(B) last
(C) third
(D) second
Answer:
(B) last.

Question 35.
The leader takes work from his subordinates :
(A) by tact
(B) by rod
(C) by threatening
(D) none of these
Answer:
(A) by tact

Question 36.
The foremost need of development in a country is of:
(A) Physical Resources
(B) Economic Resources
(C) Human Resources
(D) Efficient Management
Answer:
(B) Economic Resources

Question 37.
A good plan is :
(A) Rigid
(B) Expensive
(C) flexible
(D) Time consuming
Answer:
(C) flexible

Question 38.
Which of the following is not a staffing function :
(A) Planning
(B) recruitment
(C) selection
(D) training
Answer:
(A) Planning

Question 39.
Effective controlling is :
(A) static
(B) determined
(C) dynamic
(D) all the above
Answer:
(C) dynamic

Question 40.
Liquidity is created by :
(A) Organised market
(B) Unorganised market
(C) Primary Market
(D) Secondary Market
Answer:
(D) Secondary Market

Question 41.
Which of the following is not the tool of sales promotion ?
(A) Samples
(B) Prize in packet
(C) Coupons
(D) Publicity
Answer:
(C) Coupons

Question 42.
Modern approach of financial Management is :
(A) procurement of funds
(B) utilisation of funds
(C) (A) and (B) both
(D) None of these
Answer:
(C) (A) and (B) both

Question 43.
The functions of Entreprener are :
(A) To imagine business idea
(B) To study project feasibility
(C) To set up enterprise
(D) All of above
Answer:
(C) To set up enterprise

Question 44.
Which of the following is function of packaging ?
(A) Protection
(B) convenience
(C) Identification
(D) All of the above
Answer:
(D) All of the above

Question 45.
Planning is not the remedy of all business evils, because:
(A) planning is generally biased and time consuming
(B) planning is goal oriented
(C) planning enables us to face future uncertainties
(D) planning improves competitive strength
Answer:
(C) planning enables us to face future uncertainties

Question 46.
Which of the following is a determinant of Capital structure ?
(A) Cash Flow Statement
(B) Interest Coverage Ratio
(C) Debt Service Coverage Ratio
(D) All of the above
Answer:
(B) Interest Coverage Ratio

Question 47.
Which of the followiwng is not a characteristic of Entrepreneurship ?
(A) Risk taking
(B) Innovation
(C) Creative activity
(D) Managerial training
Answer:
(D) Managerial training

Question 48.
Grapevine Communication is :
(A) informal
(B) formal
(C) written
(D) none of these
Answer:
(A) informal

Question 49.
The foremost stock exchange in the world was established in:
(A) Delhi
(B) London
(C) America
(D) Japan
Answer:
(B) London

Question 50.
State Commission can settle consumer disputes :
(A) up to 5 lakh Rs.
(B) up to 10 lakh Rs.
(C) up to 20 lakh Rs.
(D) Above 20 lakh Rs.
Answer:
(D) Above 20 lakh Rs.