CUET 2024 Business Studies Chapter 3 – Principles of Management MCQ Question and Answers – MCQs for Practice

1. ___ is the integration of world economy into a single market through removal of trade barriers between countries

2. What was given by the Government of India on lease in 1991 to State Bank Of India

3. Which of the following is the component of the Economic Environment ?

4. FIPB stands for ___ ?

5. Globalization does not involve:

6. 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.

7. Identification of opportunities to get first more advantage is one of the importance of the business environment. (True/False

8. Liberalisation means

9. Which of the following is not a part of the business environment of business?

10. Proper understanding of business environment is not a prerequisite for

11. Which of the following is the impact of govt. policy changes on business & industry?

12. State True or False, Privatisation involves freedom of doing business.

13. 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

14. What is the full form of LERMS ?

15. In the business environment, which feature states that various factors of business environment affect each other

16. Which of the following is not a feature of demonetisation?

17. Which nature of the business environment suggests that the environment keeps on changing?

18. In which environment of business legal are rules and regulations related to business included?

19. Which of the following is the Major Element of Social Environment?

20. Who was Diwakar Kamboj?