1000+ Business Management Questions and Answers Pdf - 1
Question: 1
Standing orders are certified by
(A) certifying officer of government
(B) workers union
(C) management
(D) workers
Ans: A
certifying officer of government
Question: 2
The law of demands states that
(A) when prices rise demand rises
(B) when income and prices rise demand rises
(C) when prices fall demand rises
(D) when income rise demand rises
Ans: D
when income rise demand rises
Question: 3
Economic development of a country depends more on
(A) entrepreneurs
(B) availability of market
(C) capital formation
(D) natural resources
Ans: C
capital formation
Question: 4
Micromotion study is
(A) subdivision of an operation into therbligs and their analysis
(B) motion study when seen on a time chart
(C) analysis of one stage of motion chart
(D) enlarged view of motion study
Ans: A
subdivision of an operation into therbligs and their analysis
Question: 5
The economy of Russia is
(A) market economy
(B) cooperative economy
(C) command economy
(D) capitalist economy
Ans: B
command economy
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