Ncert Solutions Class 12 Bst chapter 3 mcq pdf download Business Environment

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Ncert Solutions Class 12 Bst chapter 3 mcq pdf download Business Environment

Class12th 
Chapter NameBusiness Environment
Chapter number03
Book NCERT
SubjectBusiness studies
Medium English
Study MaterialsMCQs
Download PDFNcert Solutions Class 12 Bst chapter 3 mcq pdf download

Ncert Solutions Class 12 Bst chapter 3 mcq pdf download Business Environment

1. Which of the following does not describe the impact of changes in government policies on business and industry?

(a) Increasing demand from customers

(b) increase in competition

(c) Changes in agriculture

(d) market fundamentalism

Answer. (C)

2. The main parts of the new economic policy are-

(a) Liberalization

(b) Globalization

(c) Privatization

(d) All of these

Answer. (D)

3. Which of the following is not a characteristic of business environment?

(a) uncertainty

(b) employee

(c) comparability

(d) necessity

Answer. (B)

4. Which of the following is the best indicator of business environment?

(a) to identify

(b) to execute

(c) To face the changes taking place

(d) All of these

And- d

5. The policy of liberalization in India has been-

(a) successful

(B) description

(c) completely

(d) none of these

Answer(A)

6. Which of the following is not a characteristic of business environment?

(a) uncertainty

(b) employee

(c) relationship

(d) trouble

And- b

7. Affect the economic environment of business-

(a) Economic policy

(b) Economic system

(c) Economic development

(d) All of these

And-  d

8. Liberalization means-

(a) Integration between economies

(b) Lack of government obligation and amendment

(c) Planned disinvestment policy

(d) none of these

9.Which of the following is an example of social environment?

(a) Supply of water in the economy

(b) Consumer Protection Act

(c) Structure of the country

(d) Formation of family

And: d

10. Which of the following is an example of social environment?

(a) Money supply in the economy 

(b) Consumer Protection Act

(c) Constitution of the country

(d) family structure

And: d

11. New economic policy was announced- 

(a) July, 1990 

(b) July, 1991 

(c) July, 1992

(d) July, 2001

Answer. (B)

NCERT Solutions for Class 12 Commerce Stream


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