Business Environment MCQs | Business Environment Multiple Choice Questions with Answers
Questions
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6
From which five year plan ‘growth with social justice’ has received added emphasis?
Answer: 5th
7
Who is the President of National Development Council ?
Answer: Prime Minister
8
The intervening period between third and forth Five year plans is regarded as ---
Answer: Plan holidays
10
Which policy is concerned with raising revenue through taxation and deciding on the level and
Pattern of expenditure?
Answer: Fiscal Policy
11
Who is responsible for presenting the Union Budget before the Parliament?
Answer: Finance Minister
13
---------is concerned with all current expenditure of the Govt. on administration
Answer: Revenue expenditure
14
Privatization of ownership through sale of equity share is called
Answer: Disinvestment
15
Which among these is monopolistic trade practice?
Answer: Manufacturing only one product
16
Which committee recommended the enactment of Competition Act
Answer: High level Committee on competition policy and Law
17
Who is concerned with the auditing of the receipts and expenditure of the State and Central Govt.
Answer: Comptroller and Auditor General
18
----------is the rate at which the central bank discounts or rediscounts the eligible bills.
Answer: Bank rate
19
Which among these can be condition for the success of privatization?
Answer: Barriers to enter the market
20
The pre-liberalization era of Indian Economy was under the grip of
Answer: Unfavorable and alarming balance of payment
