TYBCOM Business Economics MCQ With Answers | Mumbai University 2022
TYBCOM Commerce MCQ | Mumbai University 2022
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Select the most appropriate answer from the options given below
The_____concept rests on four pillars: target market customer needs Integrated Marketing and profitability. a)Product b)Production c)Marketing d)Holistic
With the help of_____marketers can analyze customer behavior. a)Marketing Research b)Enterprise c)Production concept d)None of these
________is one of the patterns of target market selection. a)Full market coverage b) Half market coverage c)Middle market coverage d)All of these
______is an element of marketing mix. a)Profit b)Price c)Investment d)Plan
_______is the part of the product that carries information about the product and the seller. a)Channel b)Profit c)Label d)Decisions
______when registered becomes a Trademark. a)Brand b)Product c)Patent d)Copyright
In_______distribution system, two or more firms at the same level come together for marketing purposes. a)Horizontal b)Multichannel c)Multi-level d)None of these
________includes discount coupons, free samples etc. used to stimulate demand. a)Public Relations b)Sales promotion c)Supply d)Publicity
_______is one of the important steps in personal selling. a)Blurring b)Prospecting c)Reporting d)Mentoring
Ethics is a branch of______which is concerned with human conduct. a)Physiology b)Psychology c)Philosophy d)Sociology
_______marketing makes use of an electronic device such as a computer. a)Digital b)Green c)Rural d)Traditional
______is/are the main factors contributing to the success of brands in India. a)Unique selling proposition b)Innovation c)Consistency d)All of these
_______ is also called Cause-related Marketing. a) The Product concept b) The Societal Marketing concept c) The Marketing concept d) The Selling concept
_______ is the first step in Marketing Research. a) Setting objectives b) Follow up c) Defining the problem d) Creating Research design
_______ is one of the techniques of CRM. a) Market Segmentation b) Market Domination c) Customer Feedback d) Market targeting
_______ refers to the set of marketing tools that the firm uses to pursue its marketing objectives in the target market. a) Market Position b) Marketing Mix c) Marketing Research d) Market Coverage
_______ is the act of creating a distinct place in the minds of the customers. a) Positioning b) Branding
c) Pricing d) Labeling
In______ pricing strategy, a firm offers the same product to customers at different
prices. a) Skimming b) Penetration c) Differentiated d) Follow the leader
_______ is the form of Multi-level Marketing. a) Pyramid Marketing b) Network Marketing c) Referral Marketing d) All of these
Integrated Marketing Communication is a _______ activity. a) One-time b) Occasional c) Continuous d) Rare
_______ Marketing refers to catering to the specific needs of a small segment of consumers. a) Aggressive b) Niche c) Online d) Digital
_______ refers to online commerce transactions between customers. a) B2B b) B2C c) C2C d) None of these
_______ is not a suitable marketing strategy for Rural Markets. a) Syndicated Vans b) Banners c) Melas and Fairs d) Augmented Reality
________ is a strategy by market followers. a) Flank defense b) Flank attack c) Adapter d) Preemptive defense
________concept of Marketing aims at making the product widely available. a) Production b) Exchange c) Relationship d) Holistic
________is one of the components of the Marketing Information System. a) Marketing Mission b) Marketing Channel c) Marketing Mix d) Marketing Intelligence
Usage rate is one of the bases of Market__________. a) Channel b) Distribution c) Segmentation d) None of these
During _________ stage, the product is launched in the market. a) Introduction b) Growth c) Maturity d) Decline
__________ is a strategy when a firm uses an existing brand name to introduce a product in a different product category. a) Brand Extension b) Brand Positioning c) Brand Equity d) Brand Deletion
__________ internal factors influence pricing of the product. a) Demand b) Cost c) Competition d) Consumer
Manufacturer to customer distribution channel is called as _________. a) Zero- level Channel b) Multi-Level Channel c) Two-level Channel d) None of these
_________ is one of the elements of promotion. a) Transport b) Warehousing c) Packaging d) Logistics
________ is a step in personal selling. a) Prospecting b) External Environment c) Internal Environment d) Perception
Consumer organizations assist individual customers in __________. a) Legal matters b) Brand Selection c) Product selection d) None of these
In rural marketing, most of the rural customers prefer to make payment by _______. a) Demand Draft b) Cheque c) Cash d) None of these
Marketing Manager of a global firm does not face __________ challenge. a) Global Market b) Demographics c) Communication d) None of these
_________refers to studying and collecting information about the operations and responsibilities of a specific job. a) Job Design b) Job description c) Job analysis d) job specification
_________ refers to putting the right man for the right job. a) Selection b) Recruitment c) Placement d) None of these
_________ is a technique of E-Selection. a) Group Discussion b) Campus interview c) Personal Interviews d) Keyword search
Human Resource Development leads to _________. a) Personal Development b) Organizational Development c) Career Development d) All of these
Performance appraisal is needed for ________. a) Managers b) Temporary Employees c) Permanent employees d) All type of employees
________ helps to improve an employee’s mental health and wellbeing. a) Counseling b) Mentoring c) Training d) Career guidance
________states that most employees dislike work and lack motivation. a) Theory Z b) Theory Y c) Theory X d) ERG Theory
________ is an act of stimulating someone or oneself to a desired course of action. a) Motivation b) Morale c) Communication d) Emotional Quotient
________ is a feeling of injustice at the workplace. a) Grievance b) Attrition c) Counseling d) Engagement
________ popularized the concept of Learning Organizations through his book entitled “The Fifth Discipline”. a) Peter Drucker b) Henry Fayol c)Abraham Maslow d) Peter Senge
Employee_________ is the extent to which employees feel passionate and committed to doing their job. a) Enrichment b) Engagement c) Enlargement d) Endowment
Employee__________ involves giving the employees autonomy to take the right decisions. a) Empowerment b) Enrolment c) Education d) Experiment
______means choosing the most suitable candidate for those who have applied for the post. a) Recruitment b) Selection c) Placement d) None of the these
______is a vertical expansion of a job by adding more responsibility and freedom to do it. a) Job simplification b) Job specification c) Job enrichment d) Job enlargement
______is a component of Job description. a) Working conditions b) Training c) Qualifications d) Skills
______is a method of training wherein employees are transferred from one job to
another. a) Counseling b) Understudy c) Job Rotation d) Case Study
______appraisal is conducted by various parties. a) Role Analysis b) Management by Objectives c) Ranking Method d) 360 Degree
_____planning is a process of making arrangements to fill up the top important position in an organization. a) Career b) Succession c) Human Resource d) Employee
______is a financial motivation. a) Bonus b) Work Environment c) Appreciation d) Job Security
______leadership style is more suitable in family-run businesses. a) Bureaucratic b) Autocratic c) Laissez Fair d) Paternalistic
Theory X of motivation is based______on assumptions of human resources. a) Positive b) Negative c) Positive and negative d) Neutral
_____is a type of competency. a) Organizational b) Core c) Technical d) All of these
______is an emerging employment pattern. a) Attrition b) Work from home c) Transformational d) None of these
______may be a cause of downsizing in organizations. a) Low Morale b) High absenteeism c) Cost reduction d) Low motivation
TYBCOM Business Economics MCQ with Answers | Business Economics MCQ Sem 5 |
TYBCOM Business Economics Mumbai University.
Since 1951, India has been a______economy.
Socialist
Mixed
Capitalist
Feudal
The fiscal crisis faced by the Indian economy in the 1990s was caused primarily by__________.
Widening gap between imports and exports
Difference between savings and investments
Widening gap between government expenditure and revenue
Difference between aggregate demand and aggregate supply
Which of the following factors was one of the primary causes of the balance of payment crisis in 1991?
Low rate of inflation
Surplus budget
High-interest rate
Rising oil prices and poor remittances
Which of the following sentences would best describe the Indian economy in 1990-91?
High inflation, low foreign exchange reserves
Low inflation, low foreign exchange reserves
Huge current account deficit, fiscal surplus
Current account surplus, huge fiscal deficit
Which of the following measures was adopted in 1991 to stabilize the economy?
Banking sector reforms
Capital market reforms
Control of inflation
Insurance reforms
One of the measures adopted to control inflation in 1990-91 was______________.
Lowering of CRR and SLR
Lowering of bank rate
Raising CRR and SLR
Restricting imports of essential commodities
Which of the following measures did not form a part of fiscal correction in 1991?
Increasing tax collection
Cutting Down subsidies
Reducing budgetary support to public enterprises
Raising tax rates
Which of the following measures was implemented by the government in order to reduce the current account deficit?
Revaluation of the rupee
Strict exchange control
Devaluation of the rupee
Import restrictions were increased
Structural reforms are________________.
Long-term measures
Improve the supply side of the economy
Remove growth bottlenecks
All the above
Which of the following was not a feature of the New Industrial Policy 1991?
Abolition of industrial licensing
Setting up of new public sector enterprises
Permitted foreign investment
Removal of MRTP limit
One of the policies adopted to make the public sector more efficient was__________.
Raising fresh equity from the market
Increasing government’s shareholding in public enterprises
Maintaining public sector monopoly
Increasing operational control on public enterprises by the government
Which of the following is an important banking sector reform introduced in 1991?
Raising of SLR and CRR
RBI-determined interest rates
Introduction of prudential norms
Restricting imports of essential commodities
Capital adequacy norms help to_________.
Increase bank’s profits
Maintain financial stability
Control inflation
Reduce balance of payments deficit
Capital market reform includes_____________________.
Setting up of SEBI
Special recovery tribunals
Introduction of capital adequacy norms
Deregulation of interest rates
The FDI limit in the insurance sector in India is
100%
79%
49%
26%
Which of the following is true of social infrastructure?
It includes the education and health network
It is aimed at improving quality of life
It is an investment in human capital
All the above
Which of the following describes the change in India after 1991?
Reduced private investment in education and health
Increased job security
Reduced subsidies to the social sector in relative terms
Increased formal jobs creation
According to the Human Development Report 2016, India’s HDI rank is ______among 188 countries.
131
125
141
100
Which of the following is not true of the Right to Education Act?
Free education to all children between 6 and 14 years
It was enacted in 2009
It is an adult literacy programme
It is aimed at providing quality elementary education
The scheme for providing residential schools as an elementary level for girls is
National programme for Education of Girls at Elementary Level
Model Schools Scheme
Rashtriya Madhyamik Shisha Abhiyan
Kasturba Gandhi Balika Vidyalaya
The scheme for improving access to secondary education is
National Programme for Education of Girls at Elementary Level
Model Schools Scheme
Rashtriya Madhyamik Shisha Abhiyan
Kasturba Gandhi Balika Vidyalaya
Community Health Centres are located at the________level of public health infrastructure.
Primary
Secondary
Tertiary
None of the above
AIIMS is at the_______level of public health infrastructure.
Primary
Secondary
Tertiary
None of the above
The_______provides a reference point for the functioning of the public health centers.
Indian Public Health Standards
Indian Public Health Guidelines
Indian public Health Manual
Indian Public Health Rules
Which of the following is a programme aimed at controlling the spread of communicable diseases?
National Oral Health Programme
National Mental Health Programme
National TB Control Programme
National Programme for prevention and Control of Deafness
_________________is a fund that financially supports poor patients suffering from major life-threatening illnesses.
Rashtriya Swasthya Bima Yojana
Rashtriya Arogya Nidhi
Pradhan MantriSwasthyaYojana
All the above
Rashtriya Swasthya Bima Yojana provides health insurance coverage to_________.
Workers in the unorganized sector
Workers in the organized sector
The entire population
Only women and children
Which of the following statements best describes economic development?
It always accompanies economic growth
It indicates the increase in GDP
It is reflected in the quality of life of the people
It is a quantitative concept
Which of the following is not included in UNDP’s HDI composite?
Culture
Education
Health
Standard of living
Does sustainable development include which of the following?
Economic development
Social development
Environmental development
All the above
________________is responsible for coordinating the SDG’s in India.
Planning Commission
Ministry of Human Resource Development
NITI Aayog
Ministry of Finance
_____is an initiative to make India a manufacturing hub.
Skill India
NIT Aayog
Invest India
Make in India
The scheme for skill training of youth to be implemented through the National Skill Development Corporation is_________.
National Skill Development Mission
Pradhan Mantri Kaushal Vikas Yojana
Skill Loan Scheme
All the above
Which of the following statements best defines FDI?
Buying shares of companies in a foreign country without gaining control over management
Loans from multilateral institutions like IMF and World Bank
Investment in foreign assets to acquire lasting business interest
Foreign currency deposits of non-resident citizens
Which of the following constitutes foreign direct investment?
Purchase of stocks
Reinvestment of earning by a wholly-owned subsidiary abroad
The lending of Fund to the foreign subsidiary
All the above
Which of the following best describes horizontal foreign direct investment?
FDI into industry that provide inputs to the firm
FDI into industry that uses the firm’s output
Long term lending to a foreign firm
FDI in the same industry abroad as the foreign investor firm
Which of the following is not one of the benefits of FDI?
Culture of consumerism
Infrastructure development
Transfer of technology
Sectoral development
Which of the following are advantages of TNCs?
Direct and Indirect employment generation
Increased competition
Industrial expansion
All the above
The government institution that is responsible for the formulation of FDI policy in India is
Foreign Investment Promotion Board
The department of Industrial Policy and Promotion
The Ministry of External Affairs
The RBI
Which of the following was not a part of the FDI policy 2017?
Strengthening the FIPB
Introduction of Foreign Investment Facilitation Portal
Introduction of Standard Operating Procedures
Issue of Convertible Notes by start-ups
The objective of National Agriculture Policy 2000 is to achieve an agriculture growth rate of
3%
4%
5%
The new policy aims to_______.
Liberalize internal trade
exports
both
The average agricultural growth rate since 2000 is_________.
Above 4%
less than 4 percent
4 percent
Agricultural prices in India are________.
Very certain
uncertain
very remunerative
Agricultural price policy is required to__________.
Provide incentives to farmers
to encourage farmers to spend more
to increase income inequality
Minimum Support Price guarantees the farmers with________.
High income
Floor price
Competitive price
The issue price is at which the government supplies food grains_______
In the open market
to the middleman
to ration shops
Fair price shops protect the interest of_______.
Poor farmers
poor consumers
poor traders
Price policy mainly benefits_______.
Small farmers
marginal farmers
large farmers
The Major part of the agricultural credit is supplied by
Money lenders
Commercial banks
Co-operate banks
RRB’s were established to provide credit to
Only to non-agricultural activities in rural areas
Both agricultural and non-agricultural activities
Only to agricultural activities
Kisan credit card was introduced by___________.
RBI
NABARD
Co-operative banks
Non-institutional credit very often leads to________.
Indebtedness
exploitation of borrowers
Loss of land and property
all the above
Farmers require long-term credit for______.
Consumption expenditure
purchase of land
Purchasing seeds and fertilizers
Regional Rural Banks were established to provide finance to_______.
Small and marginal farmers
village artisans
Agricultural labourers
All the above
Agricultural market faces the problem of________.
Seasonal price fluctuation
Low prices when the crop fails
High prices when there is a bumper crop
Demand for agricultural commodities______.
Very elastic
unit elastic
less elastic
Regulated markets aim at protecting__________.
Consumers
Farmers
Traders
Both (a) and (b)
AGMARK enables to ensure________.
Quality of product
better price
both (a) and (b)
Market information reduces exploitation of________.
Farmers
Traders
Both (a) and (b)
Which of the following is not an objective of the Competition Act 2002?
Prohibition of anti-competitive agreements
Regulation of combinations
Control of monopolies
Prohibition of abuse of dominant position
Competition advocacy refers to_______.
Control of monopolies
Restricting investments through licensing
Control of unreasonable profits
Promoting a competitive culture
Which of the following statements is not true of the PSUs in India?
They have generated large scale employment
They have high returns on investment
They have saved foreign exchange
They have created a diversified industrial base for India
Which of the following is a problem faced by the PSUs in India?
Mounting losses
Underutilization of capacity c)Administrative defects
All the above
The Central Government department responsible for disinvestment is
Department of Investment and Public Asset Management
Department of Commerce
Department of Industrial Policy and Promotion
Department of Revenue
Which of the following is not a function of the DIPAM?
Advising the government of matters related to CPSE
All matters relating to the sale of central government equity through offer for sale or private placement
Decisions on the recommendations of Administrative Ministries, NITI Aayog for disinvestment
Promotion of foreign direct investment.
Offer of shares by a listed CPSE or the government out of its shareholding or a combination of both to the public for subscription is done through_____.
Initial Public Offering
Offer for Sale
Further Public Offering
Strategic Sale
Only financial institutions can participate in________.
Initial Public Offering
Offer for Sale
Further Public Offering
Institutional Placement Programme
The MSME Act was passed in________.
2005
2002
2008
2006
A separate ministry for small industries was set up in______.
1991
1999
2007
2005
_______________is the nodal development agency for the MSME sector.
Divisional Commissioner MSME
Development Commissioner MSME
Directorate General MSME
Development Council MSME
The scheme to improve ease of doing business in the MSME sector is________.
SFURTI
UAM
CLCSS
ASPIRE
The law enacted as an outcome of the Bhopal Gas tragedy is_______.
Public Liability Insurance Act
The Environment (Protection) Act
The Air (Prevention and Control of Pollution) Act
All the above
Which of the following is not true of toxic wastes in India?
There are highly efficient systems for their disposal
They can be caused by e-wastes
Handling them can be fatal at times
These constitute 10-15% of industrial wastes
Bharat Stage IV emission standards were adopted in_______.
1991
2001
2015
2005
Air pollution is caused by_________.
The release of harmful gases
Solid and liquid particulate materials
Smoke emission
All the above
Which of the following is not true about global warming?
It is causing glaciers to melt
It has put human lives at threat
It has prevented the extinction of wildlife
It has resulted in frequent natural calamities
Which of the following is not a characteristic of the services sector?
Output includes intangible products
Is the fastest-growing sector globally
Produces primary products
Involves a wide range of activities
Which of the following activities does not belong to the services sector in India?
Retail trade
Real estate
Insurance
Automobile
In 2017-18, the services sector’s contribution to the GVA was______.
55.2%
65.2%
59%
45%
The services sector’s contribution to employment as a percentage of total employment, in 2015-16 was
40%
32%
50%
25%
The FDI limit in multi-brand retailing is________.
49%
74
100%
51%
The FDI limit in single-brand retailing is_______.
49%
74%
100%
51%
The healthcare industry includes______.
Hospitals
Health insurance
Pharmaceutical companies
All the above
The FDI limit permitted for all health-related services under automatic route is
51%
100%
74%
26%
Which of the following is not a characteristic of the Indian health care industry?
Every citizen has access to high-quality services
Inadequate infrastructure
High incidence of diseases
Inadequate insurance coverage
Which of the following is growth potential in the healthcare industry in India?
Growing insurance market
Expanding medical tourism
Telemedicine
All the above
The type of tourism that helps conserve natural diversity is_______.
Ecotourism
Heritage tourism
Adventure tourism
Medical tourism
The IRDA Act was passed in the year_____.
1999
1998
2000
None of the above
Insurance Regulatory and Development Authority was established in which of the following year?
1999
2000
2001
None of the above
How much FDI is allowed in the Insurance companies?
26%
49%
51%
75%
Which of the following committee was established to suggest insurance sector reforms?
Malhotra Committee
Rangarajan Committee
Narashimham committee
Strategic Sale
A scheduled bank is one which has________.
Paid-up capital and reserve not less than Rs. 5 lakh
Term deposit of Rs. 5 lakh
Demand deposit of Rs. 5 lakh
Public sector banks include________
only the State bank of India
only nationalized banks
only Regional Rural Banks
all the above
The population for every bank branch in 2015 was______.
64,000
16,000
10,300
To promote financial inclusion, on 28th August 2014, the following new scheme was introduced____.
Garibi Hatao
The Pradhan Mantri Jan Dhan Yojana(PMJDY)
Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA)
Which one of the following schemes were introduced under operational technology?
ATMs
Mobile banking
Electronic Fund Transfer (EFT)
All the above
Since 1991 commercial banks have succeeded in_______.
expanding branches
deposit mobilization
increase in lending
all the above
In 2017 advances of commercial banks to the priority, the sector was____.
40%
less than 40%
more than 40%
Financial inclusion aims at providing financial services to______.
Industrialists
Poor people
Indian investors abroad
In recent years Indian banks have increased their efficiency by
using information technology
by reducing the number of employees
by increasing the number of branches
In recent years the number of RRBs has_____.
increased
decreased
remained constant
Virtual banking aims at rendering banking services through_____.
branch expansion
advancing cheap credit
use of IT services
The IRDA Act was passed in the year______.
1999
1998
2000
None of the above
Insurance Regulatory and Development Authority was established in which of the following year?
1999
2000
2001
None of the above
How much FDI is allowed in the Insurance Companies?
26%
49%
51%
75%
Which of the following committee was established to suggest insurance sector reforms?
Malhotra Committee
Rangarayan Committee
Narashimham Committee
Raja Chelliah committee
Which of the following is a part of the organized sector of the Indian money market?
Indigenous bankers
Loan companies
Call money market
Moneylenders
Which of the following is not the main player in the Indian money market?
Government
RBI
Commercial banks
Over the Counter Exchange of India
Which of the following are the main participants in the call money market?
Commercial banks
Co-operative banks
Primary dealers
All the above
Which of the following is not the feature of commercial bills?
Short term
Trade bills
Issued by RBI
The high degree of liquidity
Which of the following money market instrument is issued by commercial banks?
CPs
Commercial bills
CDs
Treasury bills
Which of the following measures absorb liquidity from the financial system?
Repo
Reverse repo
MSF
Buying of securities under OMO
Capital market is a market for______.
Short term funds
Long term funds
Medium-term funds
Medium and long term funds
Which of the following does not constitute the structure of the capital market in India?
Gilt-edged market
Industrial securities market
RBI
Mutual funds
The primary market does not include_______.
Equity issues
GDR issues
Screen-based trading
Debt issues
Which of the following measures constitute primary market reforms?
Abolition of the controller of capital issues
Setting up of NSE
Setting up of OTCEI
None of the above
Secondary market reform does not include_____.
Screen-based trading
LAF
Depository system
Rolling settlement
Foreign Institutional Investors (FIIs) are allowed to invest in_______.
only equity shares
only debt market
both the above markets
The Over the Counter Exchange of India(OTCEI) allows the companies to register only in____.
OTCEI
OTCEI and NSE
OTCEI and BSE
Mutual Funds play an important role in the Indian capital market as_____.
A speculator in the stock market
Investment avenue for small investors
The promoter of large scale industries
Maharashtra
Tamil Nadu
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