1000+ Business Management Questions and Answers Pdf - 2

Question: 6

Which of the following state has concentration of textile industries?

(A) Kerala

(B) Gujarat

(C) Odisha

(D) Uttar Pradesh

Ans: B

Gujarat

Question: 7

Budget is the major instrument of

(A) export policy

(B) monetary policy

(C) economic policy

(D) fiscal policy

Ans: D

fiscal policy

Question: 8

Which of the following is not ensured in a socialistic system of economy?

(A) best optimum use of a available resources

(B) private initiative

(C) economic stability

(D) economic equality

Ans: B

private initiative

Question: 9

The economic function of middleman is

(A) to make trade among individuals so that the middleman realizes a profit

(B) to ensure that parties to an exchange are made better off

(C) to exploit the parties involved in the exchange

(D) all of the above

Ans: D

all of the above

Question: 10

Bar charts are suitable for

(A) interdependent projects

(B) large projects

(C) major projects

(D) minor projects

Ans: D

minor projects

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