Bihar Board 12th Business Studies Objective Questions and Answers

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 1.
Co-ordination is established-
(A) Between groups
(B) Between departments
(C) Between management and workers
(D) All of the above
Answer:
(D) All of the above

Question 2.
Co-ordination is-
(A) Voluntary
(B) Necessary
(C) Unnecessary
(D) Wastage of time
Answer:
(B) Necessary

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 3.
Co-ordination is established by-
(A) Top level management
(B) Middle level management
(C) Lower level management
(D) None of these
Answer:
(A) Top level management

Question 4.
According to Koontz and O’Donnell the main functions of management are-
(A) 5
(B) 4
(C) 3
(D) None of these
Answer:
(A) 5

Question 5.
According to George R. Terry, the functions of management are-
(A) 2
(B) 4
(C) 6
(D) All of these
Answer:
(B) 4

Question 6.
Management should find ‘One best way’ to perform a task. Which technique of scientific management is defined in this sentence ?
(A) ‘D’mc study
(B) Motion Study
(C) Fatigue Study
(D) Method Study
Answer:
(D) Method Study

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 7.
Principles of management are not-
(A) Universal
(B) Flexible
(C) Absolute
(D) Behavioral
Answer:
(C) Absolute

Question 8.
Principles of Management are-
(A) Dynamic
(B) Flexible
(C) Universal
(D) All the above
Answer:
(D) All the above

Question 9.
The propunder of administrative management was-
(A) Fayol
(B) Taylor
(C) Terry
(D) None of these
Answer:
(A) Fayol

Question 10.
Henry Fayol’s principles of management are-
(A) 5
(B) 10
(C) 14
(D) 15
Answer:
(C) 14

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 11.
Which one of the following is an example of social environment-
(A) Money supply in the economy
(B) Consumer Protection Act
(C) The constitution of the country
(D) Composition of family
Answer:
(D) Composition of family

Question 12.
Which of the following does not characterize the business environment ?
(A) Uncertainty
(B) Employees
(C) Relativity
(D) Complexity
Answer:
(B) Employees

Question 13.
Liberalization policy in India has been-
(A) Successful
(B) Unsuccessful
(C) Total failure
(D) None of these
Answer:
(A) Successful

Question 14.
Budget refers to-
(A) Planned target of performance
(B) Use of handling future activities
(C) Systematic action and allocation of resources
(D) All of these
Answer:
(D) All of these

Question 15.
Which of the following is not a limitation of planning ?
(A) Rigidity
(B) Wastage of time
(C) Basis of control
(D) Huge Cost
Answer:
(C) Basis of control

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 16.
A good plan is-
(A) Expensive
(B) Time consuming
(C) Flexible
(D) Rigid
Answer:
(C) Flexible

Question 17.
Planning is-
(A) Goal oriented
(B) Objective oriented
(C) Mental process
(D) All the above
Answer:
(D) All the above

Question 18.
Planning is the………….. for all managerial activities.
(A) Beginning
(B) End
(C) Beginning and end both
(D) None of these
Answer:
(C) Beginning and end both

Question 19.
On the basis of functions grouping of activities is a part of-
(A) Decentralised organization
(B) Divisional organisation
(C) Functional organization
(D) Centralised organisation
Answer:
(C) Functional organization

Question 20.
Grouping of activities on the basis of product lines is a part of-
(A) Delegated Organisation
(B) Divisional Organisation
(C) Function Organisation
(D) Autonomous Organisation
Answer:
(B) Divisional Organisation

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 21.
The form of organisation known for giving rise to rumours is called-
(A) Centralised Organisation
(B) Decentralised Organisation
(C) Informal Organisation
(D) Formal Organisation
Answer:
(C) Informal Organisation

Question 22.
Methods of training are-
(A) Job rotation training
(B) On the job training
(C) Apprenticeship training
(D) All of these
Answer:
(D) All of these

Question 23.
Objective of development is-
(A) Increase in Knowledge
(B) Better Performance
(C) Promotion opportunities
(D) All of these
Answer:
(D) All of thesec

Question 24.
Selection of employees is-
(A) Lower level executives
(B) Middle level executives
(C) Top level executives
(D) All of these
Answer:
(D) All of these

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 25.
Recruitment in the life of organization is
(A) Once
(B) Twice
(C) Occasionally
(D) Continuous
Answer:
(D) Continuous

Question 26.
Development of employees involves
(A) Promotion
(B) Transfer
(C) Training
(D) All of these
Answer:
(D) All of these

Question 27.
In effective communication language should not abused
(A) Clear
(B) Impressive
(C) Ambiguous
(D) Courteous
Answer:
(C) Ambiguous

Question 28.
Types of communication are-
(A) Written
(B) Verbal
(C) Formal
(D) All of the above
Answer:
(D) All of the above

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 29.
In horizontal communication, flow of suggestion is-
(A) Upward
(B) Downward
(C) Same level
(D) All of the above
Answer:
(C) Same level

Question 30.
Barrier in effective communication is-
(A) Language
(B) Distance
(C) Individual differences
(D) All of the above
Answer:
(D) All of the above

Question 31.
If you want to keep a proof of your communication, you should use communication.
(A) Informal
(B) Formal
(C) Verbal
(D) None of these
Answer:
(B) Formal

Question 32.
For effective communicaiton………………… is necessary.
(A) Clarity
(B) Courtesy
(C) Continuity
(D) All of the above
Answer:
(D) All of the above

Question 33.
Control is a/an………….. activity-
(A) Costly
(B) Cheap
(C) Uneconomic
(D) None of these
Answer:
(A) Costly

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 34.
Controlling is necessary-
(A) For small enterprise
(B) For medium sized enterprise
(C) For Large sized enterprise
(D) For all of the above
Answer:
(D) For all of the above

Question 35.
Employees ………. control.
(A) Oppose
(B) Support
(C) Like
(D) None of these
Answer:
(A) Oppose

Question 36.
Control is related to-
(A) Results
(B) Functions
(C) Efforts
(D) None of these
Answer:
(A) Results

Question 37.
Current assets of business firm should be financed through-
(A) Current liabilities only
(B) Long term liabilities only
(C) Partly from both long and short term Liabilities
(D) All of these
Answer:
(C) Partly from both long and short term Liabilities

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 38.
A fixed asset should be financed through-
(A) Long term liabilities
(B) Short term liabilities
(C) A mix of long term and short term liabilities
(D) None of these
Answer:
(C) A mix of long term and short term liabilities

Question 39.
The number of stock exchanges in 2004 was-
(A) 20
(B) 21
(C) 23
(D) 24
Answer:
(D) 24

Question 40.
The first stock exchange in India was established in-
(A) 1857
(B) 1877
(C) 1887
(D) 1987
Answer:
(C) 1887

Question 41.
The foremost stock exchange in the World was established in-
(A) Delhi
(B) London
(C) America
(D) Japan
Answer:
(B) London

Question 42.
For stock exchanges the services of SEBI are-
(A) Voluntary
(B) Necessary
(C) Unnecessary
(D) Compulsory
Answer:
(D) Compulsory

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 43.
Head office of SEBI is in-
(A) Delhi
(B) Mumbai
(C) Kolkata
(D) Chennai
Answer:
(B) Mumbai

Question 44.
The future of stock exchanges in India is-
(A) Bright
(B) In dark
(C) Ordinary
(D) No future
Answer:
(A) Bright

Question 45.
Repo is-
(A) Repurchase agreement
(B) Reliance Petroleum
(C) Read and Process
(D) None of the above
Answer:
(A) Repurchase agreement

Question 46.
Costliest means of promotion is-
(A) Advertising
(B) Personal selling
(C) Sales Promotion
(D) Public relations
Answer:
(B) Personal selling

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English

Question 47.
Working non-government organisation of India is-
(A) Voice
(B) Common cause
(C) Both
(D) None of these
Answer:
(C) Both

Question 48.
The mechanism for settlement of consumer disputes is-
(A) One-tier
(B) Three-tier
(C) Two-tier
(D) None of these
Answer:
(B) Three-tier

Question 49.
Self-actualization needs on the job are fulfilled by-
(A) Hard work in the job
(B) Ensuring Quality products
(C) Participating in training program
(D) None of the above
Answer:
(C) Participating in training program

Question 50.
The attitude of Government mechanism of India towards entrepreneurial development Programme is-
(A) Destructive
(B) Negative
(C) Constructive
(D) Non-Cooperative
Answer:
(D) Non-Cooperative

Bihar Board 12th Business Studies VVI Objective Questions Model Set 7 in English