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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