CHAPTER 4 : Banking NCERT MCQ CLASS 12TH Macro Economics Class | EDUGROWN

NCERT MCQ ON Banking:

Question1 :  A commercial bank is a bank that:

  • a) Gives long-term loans
  • b) Creates credit
  • c) Gives short-term loans      
  • d) All of these

Answer :  All of these

Question2 :  Which of the following is not concerned with banking organization?

  • a) Bank rate
  • b) Fiscal deficit
  • c) Credit creation
  • d) Cash reserve ratio

Answer :  Fiscal deficit

Question3 :  Non- chequeable deposits are those:

  • a) Against which no cheque can be drawn at any time
  • b) Against which no money can be withdrawn
  • c) Which are called fixed deposit
  • d) All of these

Answer :  All of these

Question4 :  Credit cards issued by the banks:

  • a) Encourage Consumer Spending
  • b) Increase Aggregate Demand In the Economy
  • c) Both (a) and (b)
  • d) None of these

Answer :  Both (a) and (b)

Question5 :  Central bank is an apex bank of the country that:

  • a) Controls the entire banking system of the country
  • b) Issues currency
  • c) Acts as a banker to the government
  • d) All of these

Answer :  All of these

Question6 :  Credit control means:

  • a) Contraction of credit only
  • b) Extension of credit only
  • c) Extension and contraction of money supply
  • d) None of these

Answer :  Extension and contraction of money supply

Question7 :  Which of the following is not the instrument of credit control?

  • a) CRR
  • b) SLR
  • c) Repo rate    
  • d) Managed floating

Answer :  Managed floating

Question8 :  The minimum percentage of a bank’s total deposits which is required to be kept with the RBI is called:

  • a) CRR
  • b) Repo rate
  • c) SLR
  • d) Reverse Repo Rate

Answer :  CRR

Question 9:  Which of the following leads to increase in AD ?

  • a) Fall in imports
  • b) Increase in investment expenditure
  • c) Increase in government expenditure   
  • d) All of these

Answer :  All of these

Question 10:  Deficient or excess demand can be corrected through

  • a) Fiscal Policy
  • b) Monetary Policy
  • c) Both (a) and (b)   
  • d) None of these

Answer :  Both (a) and (b)   

 

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CHAPTER 3 : Money NCERT MCQ CLASS 12TH Macro Economics Class | EDUGROWN

NCERT MCQ ON Money:

Question1 :  Barter system refers to that system where in:

  • a) Goods are exchanged for goods
  • b) Goods are not exchanged at all
  • c) Goods are exchanged for domestic currency
  • d) Goods are exchanged for foreign currency

Answer :  Goods are exchanged for goods

Question2 :  Which of the following is related to barter system of exchange ?

  • a) Double coincidence of wants   
  • b) Common unit of value
  • c) Limited exchange 
  • d) Both (a) and (c)

Answer :  Both (a) and (c)

Question 3:  Out of the following , which is the primary function of money supply?

  • a) Store of value
  • b) Transfer of value
  • c) Measure of value
  • d) Bases of credit

Answer :  Measure of value

Question4 :  Which of the following is the adequate definition of money?

  • a) Any goods which is commonly used as a store of value
  • b) Any goods which is exchanged for gold at a fixed rate
  • c) Any goods which is acceptable to a bank
  • d) Any goods which is commonly accepted as a medium of exchange

Answer :  Any goods which is commonly accepted as a medium of exchange

Question5 :  Which of the following is the component of M1 measure of money supply?

  • a) Time deposit
  • b) Bill of exchange
  • c) Treasury bill
  • d) None of these

Answer :  None of these

Question6 :  Full- bodied money is that money, whose money value and commodity value are:

  • a) Equal
  • b) Proportionately equal
  • c) Different
  • d) None of these

Answer :  Equal

Question7 :  Bank money is that money which is:

  • a) Printed by RBI
  • b) Printed by the government
  • c) Generated in the form of credit creation
  • d) None of these

Answer :  Generated in the form of credit creation

Question 8:  Which of the following system governs note issuing in India

  • a) Proportionate system     
  • b) Minimum reserve system
  • c) Fixed fiduciary  issue system
  • d) Simple deposit system 

Answer :  Minimum reserve system

Question9 :  In India there are four alternative measures of money supply M1, M2, M3 and M4 of these M1 =

  • a) Currency with people
  • b) Currency with people + demand deposits
  • c) Currency with people +demand deposits + other deposits with the reserve bank
  • d) None of these

Answer :  Currency with people +demand deposits + other deposits with the reserve bank

Question10 :  Which of the following is not the function of commercial bank?

  • a) To accept deposits
  • b) To offer loans
  • c) To provide overdraft facility
  • d) To fix CRR

Answer :  To fix CRR

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CHAPTER 2 : National Income and Related Aggregates NCERT MCQ CLASS 12TH Macro Economics Class | EDUGROWN

NCERT MCQ ON National Income and Related Aggregates:

Question1 :  Those goods which satisfy human wants directly are called

  • a) Intermediate goods         
  • b) Consumer goods
  • c) Capital goods
  • d) None of these

Answer :  Consumer goods

Question 2:  In the production of sugar, sugarcane is

  • a) A final good
  • b) A capital good
  • c) An Intermediate good
  • d) None of these

Answer :  An Intermediate good

Question3 :  Which of the following is a semi-durable goods?

  • a) Radio
  • b) Clothes
  • c) Milk
  • d) Petrol

Answer :  Clothes

Question4 :  Capital goods are those goods

  • a) Which are used in the production process for several years
  • b) Which are used in the production process for few years
  • c) Which Involve depreciation losses
  • d) Both (a) and (c)

Answer :  Both (a) and (c)

Question5 :  Increase in the stock of capital is known as

  • a) Capital loss
  • b) Capital gain
  • c) Capital formation
  • d) None of these

Answer :  Capital formation

Question 6:  Net investment is equal to

  • a) Gross investment + depreciation
  • b) Gross investment – depreciation
  • c) Gross investment ×depreciation
  • d) Gross investment ÷ depreciation

Answer :  Gross investment – depreciation

Question7 :  Net capital formation causes

  • a) Increase in production capacity
  • b) Increase in depreciation
  • c) Increase in profits
  • d) Increase in cost

Answer :  Increase in production capacity

Question 8:  Which of the following leads to depreciation?

  • a) Normal wear and tear                 
  • b) Damages due to floods
  • c) Damages due to market – crash
  • d) None of these

Answer :  Normal wear and tear                 

Question9 :  Which of the following leads to unexpected obsolescence?

  • a) Change in demand
  • b) Natural calamities 
  • c) Change in technology
  • d) None of these

Answer :  Natural calamities 

Question10 :  Income of the family is the example of which variable?

  • a) Stock
  • b) Flow
  • c) Both stock and flow
  • d) Neither stock nor flow

Answer :  Flow

Question11 :  A quantity measured per unit of time period is known as 

  • a) Stock variable
  • b) Flow variable
  • c) Inventory   
  • d) None of these

Answer :  Flow variable

Question12 :  Which of the following is a flow variable 

  • a) Consumption         
  • b) Wealth
  • c) Quantity of money
  • d) None of these 

Answer :  Consumption         

Question13 :  Domestic product is equal to:

  • a) National product + net factor income from abroad
  • b) National product – net factor income from abroad
  • c) National product ÷ net factor income from abroad
  • d) National product × net factor income from abroad

Answer :  National product – net factor income from abroad

Question 14:  Which of the following is not correct?

  • a) NNP at Market Price = GNP at Market Price + Depreciation
  • b) NDP at Market Price = NNP at Market Price – Net Factor Income from Abroad
  • c) NDP at Factor Cost = NDP at Market Price – Indirect taxes + Subsidies
  • d) GDP at Factor Cost = NDP at Factor Cost + Depreciation

Answer :  NNP at Market Price = GNP at Market Price + Depreciation

Question 15:  Which one is correct?

  • a) National Income = NDP at Factor Cost – Net Factor Income from Abroad
  • b) GNP at Factor Cost = GNP at Market Price + Net Indirect Tax
  • c) Personal Income = Private Income – Corporate Tax – Corporate Saving
  • d) Disposable Income = Saving of Household Sector – Consumption of Household Sector

Answer :  Personal Income = Private Income – Corporate Tax – Corporate Saving

Question16 :  Basis of the difference between the concepts of market Price and Factor Cost is:

  • a) Direct taxes
  • b) Indirect taxes
  • c) Subsidies     
  • d) Net indirect taxes

Answer :  Net indirect taxes

Question17 :  Which one refers to Net Indirect Taxes?

  • a) Indirect taxes + subsidies
  • b) Indirect taxes – subsidies
  • c) Direct taxes – subsidies  
  • d) None of the above

Answer :  Indirect taxes – subsidies

Question 18:  Which one leads to Factor Cost ?

  • a) Marker Price – indirect Taxes
  • b) Marker Price – Net Indirect Taxes
  • c) Marker Price + Indirect Taxes
  • d) Marker Price + Net Indirect Taxes

Answer :  Marker Price – Net Indirect Taxes

Question19 :  Which one includes depreciation?

  • a) GNP at Market Price
  • b) NNP at Market Price
  • c) NNP at Factor Cost          
  • d) None of these

Answer :  GNP at Market Price

Question 20:  Market price of the final goods and services (Including depreciation) produced within the domestic territory of a country during an accounting year  is called:

  • a) GDP at Market Price       
  • b) GNP at Factor Cost
  • c) NNP at Factor cost
  • d) GDP at Factor Cost

Answer :  GDP at Market Price       

Question 21:  GNP at market price is measured as:

  • a) GDP at market price – Depreciation
  • b) GDP at market price + Net factor Income from abroad
  • c) GNP at market price + subsidies
  • d) NDP at factor cost + Net factor income from abroad

Answer :  GDP at market price + Net factor Income from abroad

Question22 :  Value added method measured the contribution of which of the following within the domestic territory of a country?

  • a) One producing enterprise only
  • b) All producing enterprises
  • c) A few producing enterprises
  • d) None of these

Answer :  All producing enterprises

Question 23:  Which of the following is not included in final consumption expenditure?

  • a) Household expenditure on food          
  • b) Government final consumption expenditure
  • c) Household expenditure on education
  • d) Expenditure on raw material 

Answer :  Expenditure on raw material 

Question 24:  As a result of double counting, national incomes is:

  • a) Over- estimated                
  • b) Under- estimated
  • c) Correctly – estimated
  • d) Not estimated for the entire year of accounting

Answer :  Over- estimated                

Question25 :  Which of these is a limitation in the measurement of social welfare using GDP at constant prices as an index?

  • a) Increase in population size
  • b) Change in working conditions
  • c) Composition of production
  • d) All of these

Answer :  All of these

Question 26:  Which of the following is not transfer payment?

  • a) Interest on national debt
  • b) Retirement pensions
  • c) Old- age pensions
  • d) Donations

Answer :  Retirement pensions

Question27 :  Which of the following items is not included while estimating GNP of a country at market prices?

  • a) Salaries and wages before taxes
  • b) Indirect taxes
  • c) Remittances by NRIs        
  • d) Subsidy

Answer :  Remittances by NRIs        

Question28 :  Which of the following items is not included while estimating national Income by Income method?

  • a) Rent
  • b) Mixed income
  • c) Fixed investment
  • d) Undistributed profits

Answer :  Fixed investment

Question29 :  Real national income means:

  • a) National income at current prices
  • b) National income at factor prices 
  • c) National income at constant prices     
  • d) National income at average prices of the past 10  years

Answer :  National income at constant prices     

Question30 :  In India, suppliers of money are:

  • a) Government of the country
  • b) Banking system of the country
  • c) Both (a) and (b)
  • d) None of these

Answer :  Both (a) and (b)

 

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CHAPTER 1 : Introduction to Macroeconomics and its Concepts NCERT MCQ CLASS 12TH Macro Economics Class | EDUGROWN

NCERT MCQ ON Introduction to Macroeconomics and its Concepts:

Question1 :  Which of the following is not concerned with the problem of choice ?

  • a) Excessive income 
  • b) Alternative use of resources
  • c) Unlimited wants 
  • d) Limited (scarce) resources

Answer :  Excessive income 

Question2 :  Example of micro economic variable is:

  • a) Wholesale price index
  • b) National income
  • c) Market demand 
  • d) Aggregate demand

Answer :  Market demand 

Question3 :  Who controls economic activities under centrally planned economics ?

  • a) Industrialists           
  • b) Private firms
  • c) Government        
  • d) Consumers

Answer :  Government        

Question4 :  Slope of production curve is:

  • a) a straight line 
  • b) convex to the point of origin ‘O’
  • c) concave to the point of ‘O’ 
  • d) none of these

Answer :  concave to the point of ‘O’ 

Question5 :  The problem of ‘what to produce’ relates to:

  • a) The choice of technique 
  • b) Distribution of income
  • c) Market value of the goods and services 
  • d) The choice of goods and services

Answer :  The choice of goods and services

Question 6:  Increase (growth) of resources implies that production possibility curve :

  • a) Shifts to the Right 
  • b) Shifts to the left
  • c) Rotates to the right 
  • d) None of these

Answer :  Shifts to the Right 

Question7 :  The following table show the production of cricket bats and sarres of an imaginary economy :

CBSE Class 12 Economics Online Test

If the production of cricket bats is increased from 3 thousand to 4 thousand, how much production of sarees will he to be sacrificed by the economy ?

  • a) Zero
  • b) 8 lakh sarees
  • c) 30 lakh sarees 
  • d) 20 lakh sarees

Answer :  20 lakh sarees

Question 8:  What satisfying power of commodity is called :

  • a) Consumption        
  • b) Utility
  • c) Production
  • d) Value addiction

Answer :  Utility

Question9 :  Consuming two goods, consumer attains equilibrium when :

  • a) MU1 > MU2
  • b) MU2> MU1
  • c) MU1 = MU2 
  • d) TU1 = TU2

Answer :  MU1 = MU2 

Question 10:  When marginal utility is negative, total utility is :

  • a) Zero
  • b) Diminishing 
  • c) Maximum 
  • d) Minimum

Answer :  Diminishing 

 

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CHAPTER 12 : Consumer Protection NCERT MCQ CLASS 12TH Business Studies | EDUGROWN

NCERT MCQ ON Consumer Protection:

Question1:  To provide protection to the consumers against the improper behaviour of the Producers and sellers is called .

(a) Consumers Protection Act

(b) Consumer Protection

(c) Consumer Welfare

(d) Consumer Education

Answer: B

Question2: Don’t purchase in haste’, this is an important of the consumer.

(a) Responsibility

(b) Right

(c) Act

(d) All the above

Answer: A

Question3:  The consumer organisations collect the samples of the products for .

(a) Sell them

(b) Check them

(c) Get bribe from the sellers

(d) Distribute them among the poor

Answer: B

Question4: Disputes of amount are settled at the level of District Forum?

(a) Up to rupees ten lakh

(b) Up to rupees thirty lakh

(c) Up to rupees fifty lakh

(d) Up to rupees twenty lakh

Answer: D

Question5:  Which of the following Acts is related to the Consumer ‘s protection’?

(a) Consumer Protection Act,1986

(b) Indian Companies Act,1956

(c) Indian Partnership Act

(d) Indian Contract Act

Answer: A

Question6: Who, of the following, cannot be considered a consumer?

(a) A person who buys things to further sell them consideration.

(b) A person who gets things without consideration.

(c) A person who uses things without the permission of the purchasers.

(d) All the above

Answer: D

Question7: Who of the following cannot file a complaint?

(a) Individual consumer

(b) Consumer association that has not been recognised

(c) Central government

(d) State government

Answer: B

Question8: Which of the following is a consumer organization?

(a) Common Cause, New Delhi

(b) Voice, New Delhi

(c) Consumer Forum, Udipi

(d) All of these

Answer: D

Question9: When a single consumer fails to get his rights protected, he seeks the help of .

(a) Trade Union

(b) Consumer Association

(c) Labour Union

(d) None of the above

Answer: B

 

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CHAPTER 11 : Marketing Management NCERT MCQ CLASS 12TH Business Studies | EDUGROWN

NCERT MCQ ON Marketing Management:

Question1: Point of view lays stress upon customer’s welfare.

(a) Production

(b) Product

(c) Marketing

(d) Social Marketing

Answer: D

Question2: Sales promotion is helpful in making effective.

(a) Advertisement

(b) Personal selling

(c) Both the above

(d) Publicity

Answer: C

Question3: Which of the following is a sales promotion activity?

(a) Rebate

(b) Discount

(c) Product Combination

(d) All the above

Answer: D

Question4: Develop relationship.

(a) Publicity

(b) Advertisement

(c) Sales Promotion

(d) Public relation

Answer: D

Question5:  Customer’s satisfaction alone can ensure success. Which marketing concept holds this view?

(a) Production concept

(b) Product concept

(c) Marketing concept

(d) Selling concept

Answer: C

Question6:  Which of the following is a factor of marketing mix?

(a) Product

(b) Price

(c) Promotion

(d) All the above

Answer: D

Question7:  Under which philosophy of marketing, efforts are made to bring down the cost of production to the minimum?

(a) Production concept

(b) Product concept

(c) Marketing concept

(d) Selling concept

Answer: A

Question8: Under which concept the companies push for the betterment of the quality of their products in their efforts for marketing?

(a) Production concept

(b) Product concept

(c) Marketing concept

(d) Selling concept

Answer: B

Question9:  Is objection to advertisement.

(a) Undermines social values

(b) Decrease in price

(c) Knowledge on various products

(d) Improvement in Quality of Product

Answer: A 

Question10:  Which of the following is the example of Dunlop?

(a) Branding

(b) Brand

(c) Brand Name

(d) Brand Mark

Answer: C

Question11:  ‘Products are not purchased but sold’, with which point of view is this statement associated?

(a) Product

(b) Sale

(c) Production

(d) Marketing

Answer: B

Question12:  The collection of utilities is known as .

(a) Purchaser

(b) Seller

(c) Product

(d) Market

Answer: C

Question13:  Which of the following is the function of marketing?

(a) Promotion

(b) Physical Distribution

(c) Transport

(d) All the above

Answer: D

Question14:  Cardbox of Shaving Cream is the example of?

(a) Primary Packaging

(b) Secondary Packaging

 c) Transport Packaging

(d) None of the above

Answer: B

Question15:  Selling goods by producer to consumer involves which channel?

(a) One level

(b) Two level

(c) Three level

(d) Zero level

Answer: D

Question16:  Marketing mix does not include

(a) Product

(b) Place

(c) Promotion

(d) People

Answer: D

Question17:  Nisha, a school bag manufacturer decided to improve the product for profit maximization and thus added a water bottle holder to the existing design. Identify the marketing management philosophy adopted by Nisha.

(a) Product concept

(b) Production concept.

(c) Selling concept

(d) Marketing concept

Answer: A

Question18:  Vasvi purchased a bottle of pickle from the local grocery shop. The information provided on the bottle was not clear. She fell sick on consuming it. She filed a case in the District forum under the Consumer Protection Act and got the relief. Identify the important aspect neglected by the marketer in the above case.

(a) Packaging

(b) Branding

(c) labelling

(d) Pricing

Answer: C

Question19:  Mr. Rajiv, the sales executive of ABC Ltd. possess good marketing techniques, his techniques involve oral presentation of message, convincing the customer with face to face interaction, etc. Name the element of marketing mix under which the above technique fall:

(a) Promotion

(b) Product

(c) Price

(d) Place

Answer: A

Question20:  Mansi, a shoe manufacturer for school students, decided to maximize profits by producing and distributing shoes on a large-scale and thus reducing the average cost of production. Identify the marketing management philosophy adopted by Mansi.

(a) Product concept

(b) Production concept

(c) Selling concept

(d) Marketing concept

Answer: B

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CHAPTER 10 : Financial Markets NCERT MCQ CLASS 12TH Business Studies | EDUGROWN

NCERT MCQ ON Financial Markets:

Question1: Primary and Secondary Markets

a. Compete with each other

b. Complement each other

c. Function independently

d. Control each other

Answer: B

Question2: Total number of stock exchanges in India are

a. 25

b. 21

c. 22

d. 23

Answer: A

Question3: The settlement cycle in NSE is

a. T+5

b. T+3

c. T+2

d. T+1

Answer: C

Question4: National Stock Exchange in India was recognized as stock exchange in the year.

a. 1992

b. 1993

c. 1994

d. 1995

Answer: B

Question5: 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

Question6: Certain instruments of money market is short self-liquidating & used to finance credit sales name the instruments:

a. Call Money

b. Certificate of Deposit

c. Commercial Bill

d. Treasury Bill

Answer: C

Question7: Educating the investor is the ____________ function of SEBI.

a. Protective

b. Regulatory

c. Both the a and b

d. Developmental.

Answer: A

Question8: Which of the following falls in the category of Zero Coupon Bond?

a. Treasury Bill

b. Commercial Paper

c. Certificate of Deposit

d. Commercial Bill

Answer: A

Question9: Which of the following is the method of collecting capital?

a. Public offer

b. Offer for sale

c. Private Placement

d. All of the above

Answer: C

Question10:  Which of the following takes advantage of the internal trading?

a. All shareholders

b. All Debenture holders

c. People having secret information of the company

d. All the employees

Answer: C

 

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CHAPTER 9 : Financial Management NCERT MCQ CLASS 12TH Business Studies | EDUGROWN

NCERT MCQ ON Financial Management :

Question1:  The Cheapest source of finance is:.

a. Debenture

b. Equity share capital

c. Preference share

d. Retained earnings

Answer: D

Question2: A decision to acquire a new and modern plant to upgrade an old one is a

a. Financing decision

b. Working capital decision

c. Investment decision

d. None of the above

Answer: C

Question3: Other things remaining the same, an increase in the tax rate on corporate profit will

a. Make the debt relatively cheaper

b. Make the debt relatively the dearer

c. Have no impact on the cost of debt

d. We can’t say

Answer: A

Question4: Companies with a higher growth potential are likely to

a. Pay lower dividends

b. Pay higher Dividends

c. Dividends are not affected

d. None of the above

Answer: A

Question5: Financial leverage is called favourable if:

a. Return on investment is lower than the cost of debt.

b. ROI is higher than the cost of Debt

c. Debt is easily available.

d. If the degree of existing financial leverage is low.

Answer: B

Question6: Higher debt – equity ratio results in:

a. Lower financial risk

b. Higher degree of operating risk

c. Higher degree of financial risk

d. Higher EPS.

Answer: C

Question7: Higher Working capital usually results in:

a. Higher current ratio, higher risk and higher profits

b. Lower current ratio, higher risk and profits

c. Higher equity, lower risk and lower profits

d. Lower equity, lower risk and higher profits.

Answer: A

Question8: Current assets are those assets which get converted into cash:

a. Within six months

b. Within one year

c. Between one year and three years

d. Between three and five years.

Answer: B

Question9: A fixed asset should be financed through:

a. A Long-term liability

b. A Short-term liability

c. A Medium-term liability

d. A Mix of long- and short-term liabilities

Answer: A

Question10: Current assets of a business firm should be financed through:

a. Current liability only

b. Long term liability only

c. Fixed liabilities only

d. Both types (i.e., long- and short-term liabilities)

Answer: A

 

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CHAPTER 8 : Controlling NCERT MCQ CLASS 12TH Business Studies | EDUGROWN

NCERT MCQ ON Controlling:

Question1: An efficient control system helps to:

(a) Accomplishes organizational objectives

(b) Boosts employee morale

(c) Judges accuracy of standards

(d) All of the above

Answer: D

Question2: Controlling function of an organization is

(a) Forward looking

(b) Backward looking

(c) Forward as well as backward looking

(d) None of the above

Answer: C

Question3: Management audit is a technique to keep a check on the performance of

(a) Company

(b) Management of the company

(c) Shareholders

(d) Customers

Answer: B

Question4: Budgetary control requires the preparation of

(a) Training schedule

(b) Budgets

(c) Network diagram

(d) Responsibility centres

Answer: B

Question5: Controlling is needed at which level of management?

(a) Top level

(b) Middle level

(c) Lower level

(d) All level

Answer: D

Question6: Controlling is related to:

(a) Results

(b) Individuals

(c)Things

(d) Managers

Answer: A

Question7: First step in controlling process is:

(a) Taking corrective action

(b) Analysing the deviations

(c) Determining standards

(d) Measurement of actual performance.

Answer: C

Question8: Cost at Rs. 100 per unit is an example of which standard?

(a) Quantitative

(b) Qualitative

(c) Both

(d) None of these

Answer: A

Question9: Which standard is associated with production?

(a) Quality

(b) Quantity

(c) Quality and Quantity

(d) Labour

Answer: C

Question10: Strike is which type of cause of deviation?

(a) Uncertain conditions

(b) Human cause

(c) Various hindrances

(d) Defective standards

Answer: B

Question11: Which function of management is controlling?

(a) First

(b) Second

(c) Third

(d) Last

Answer: D

Question12:  ‘Planning in the absence of controlling is meaningless’. What does this statement indicate in respect of both?

(a) Only planning is essential

(b) Only controlling is essential

(c) Both are essential

(d) Both are unnecessary

Answer: C

Question13:  Which of the following is associated with the marketing standard?

(a) Sales expenses

(b) Capital expense

(c) Quantity

(d) Dispute rate

Answer: A

Question14:  Which of the following qualities the standard should have?

(a) Achievable

(b) Measurable

(c) Flexible

(d) All of these

Answer: D

Question15: What type of nature the control has?

(a) Positive approach

(b) Negative approach

(c) Both of the above

(d) None of these

Answer: C

 

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CHAPTER 7 : Directing NCERT MCQ CLASS 12TH Business Studies | EDUGROWN

NCERT MCQ ON Directing:

Question1: Which one of the following is not an element of direction?

a. Motivation

b. Communication

c. Delegation

d. Supervision

Answer: A

Question2: The motivation theory which are classified needs in hierarchical order is developed by.

a. Fred luthans

b. Scott

c. Abraham Maslow

d. Peter sticker

Answer: C

Question3: Which of the following is a Financial incentive?

a. Promotion

b. Stock incentive

c. Job Security

d. Employee Participation

Answer: B

Question4: Which of the following is not an element of communication process?

a. Recording

b. Communication

c. Channel

d. Receiver

Answer: B

Question5: Grape vine is

a. Formal Communication

b. Barrier to Communication

c. Lateral Communication

d. Informal Communication

Answer: D

Question6: Status comes under the following type of barriers

a. Semantic barriers

b. Organizational barrier

c. Non semantic

d. Psychological barrier

Answer: B

Question7: The software company promoted by Narayana Murthyis

a. Wipro

b. Infosys

c. Satyam

d. HCL

Answer: B

Question8: The highest-level need in the need hierarchy of Abraham Maslow is

a. Safety need

b. Belongingness need

c. Self-actualization need

d. Prestige need

Answer: C

Question9: The process of converting the message into communication symbols is known

a. Media

b. Encoding

c. Recording

c. Feedback

Answer: B

Question10: Two way communication technique is used under

a. Laissez Faire

b. Democratic style

c. Autocratic style

d. None of these

Answer: B

Question11: Under which style of leadership there is no delegation of authority

a. Democratic

b. Autocratic

c. Laissez Faire

d. None of these

Answer: B

Question12: Which of the following is not a leadership style?

a. Free-rein

b. Autocratic

c. Democratic

d. Dictatorship

Answer: D

Question13: Self Actualisation Needs are concerned with

a . Autonomy status

b. Recognition

c. Growth and Self-fulfillment

d. None of these

Answer: C

Question14: Basic Physiological Needs are concerned with

a. Shelter

b. Hunger

c. Thirst

d. All of These

Answer: D

 

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