Business Environment MCQ Question and Answers, Class 12 Business Studies Chapter 3 MCQs for Practice

by | Jan 11, 2025 | General | 0 comments

 

Business Environment MCQs, Class 12 Business Studies Chapter 3 for CUET 2025

Prepare for CUET 2025 with Class 12 Business Studies Chapter 3 – Business Environment MCQ Question and Answers on SuccessCDs.net. This resource contains MCQs which assists learners in identifying important features such as definition, characteristics, importance and functions of management.

Solving these Class 12 Business Studies Chapter 3 – Business Environment MCQ Question Answers for CUET 2025 will improve your problem solving abilities and increase your confidence towards the examination. These MCQs are an excellent resource for revision or to test your understanding of concepts in business management, and will strengthen your confidence as well.

Business Environment MCQs

1. In order to boost and double India’s export of goods and services to over USD 1,000 billion by  2025, it is important to lower effective corporate tax rate, bring down cost of capital and simplify regulatory and tax framework. Identify the related dimension of business environment.
a.
b.
c.
d.

2. Proper understanding of business environment is not a prerequisite for
a.
b.
c.
d.

3. Which of the following is the impact of govt. policy changes on business & industry?
a.
b.
c.
d.

4. ___ is the integration of world economy into a single market through removal of trade barriers between countries
a.
b.
c.
d.

5. What is the full form of LERMS ?
a.
b.
c.
d.

6. Identification of opportunities to get first more advantage is one of the importance of the business environment. (True/False
a.
b.
c.
d.

7. Which of the following is the component of the Economic Environment ?
a.
b.
c.
d.

8. In which environment of business legal are rules and regulations related to business included?
a.
b.
c.
d.

9. Any kind of external devices, like compact discs (CD’s) for computer, have become obsolete. Google, with its Google Drive service, Apple with its iCloud offering, enables the users to store documents, photos, music and movies on web-based servers. Identify the feature of the business environment being described in the above lin
a.
b.
c.
d.

10. Which nature of the business environment suggests that the environment keeps on changing?
a.
b.
c.
d.

11. FIPB stands for ___ ?
a.
b.
c.
d.

12. In the business environment, which feature states that various factors of business environment affect each other
a.
b.
c.
d.

13. State True or False, Privatisation involves freedom of doing business.
a.
b.
c.
d.

14. Which of the following is not a part of the business environment of business?
a.
b.
c.
d.

15. Which of the following is not a feature of demonetisation?
a.
b.
c.
d.

16. Who was Diwakar Kamboj?
a.
b.
c.
d.

17. Liberalisation means
a.
b.
c.
d.

18. Which of the following is the Major Element of Social Environment?
a.
b.
c.
d.

19. What was given by the Government of India on lease in 1991 to State Bank Of India
a.
b.
c.
d.

20. Globalization does not involve:
a.
b.
c.
d.


 

 

In summary, it is important to study Class 12 Business Studies Chapter 3 – Business Environment MCQ Question Answers for CUET 2025, as it enhances one’s understanding of management and boosts overall exam scoring. Students can improve their knowledge and confidence by practicing the prepared MCQs on SuccessCDs.net. Frequent engagement with these problems is pivotal for nurturing positive results on the CUET 2025 exam. Also, these questions form a basic premise in Business Studies.

Also See :

Nature and Significance of Management MCQs Class 12 Chapter 1

Principles of Management MCQs Class 12 Chapter 2

Planning MCQs Class 12 Chapter 4

Organising MCQs Class 12 Chapter 5

Staffing MCQs Class 12 Chapter 6

Directing MCQs Class 12 Chapter 7

Controlling MCQs Class 12 Chapter 8

Financial Management MCQs Class 12 Chapter 9

Financial Markets MCQs Clas 12 Chapter 10

Marketing Management MCQs Class 12 Chapter 11

Consumer Protection MCQs Class 12 Chapter 12

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