CBSE Questions for Class 11 Commerce Business Studies Business Trade And Commerce Quiz 8 - MCQExams.com

Which of the following is an important ingredient of Selling Economies?
  • Advertising Economies
  • Inventory Economies
  • Transportation Economies
  • Storage Economies
Cross holding method of Disinvestment refers to ____________________.
  • Government selling part of its Shares in one PSU to other PSUs
  • Government selling Shares of PSUs to Public Sector Financial Institutions & Banks
  • Government's own Financial Institutions buying Government's stake in select PSU's and holding them until any third buyer emerges
  • None of the above
The term disinvestment is more popularly used ____________________________.
  • Where a holding company sells shares of a Subsidiaray company
  • Where an investment company off loads its holding
  • Where central / State government sells its holdings of public sector companies
  • None of the above
Comforts lies between the.
  • Inferior goods and necessaries
  • Luxuries and inferior goods
  • Necessaries and luxuries
  • None of the above
In the book market, the supply of books will decrease if any of the following occurs except.
  • A decrease in the number of book publishers
  • A decrease in the price of the book
  • An increase in the future expected price of the book
  • An increase in the price of paper used
A large Firm can offer better security to Bankers and obtain credit easily. This creates ________ for such Firm.
  • Internal Economies of Scale
  • Internal Diseconomies of Scale
  • External Economies of Scale
  • External Diseconomies of Scale
In India, in which of the following, Foreign Direct Investment (FDI) is not allowed?
  • Drugs and Pharmaceuticals
  • Electricity Generation
  • Defence
  • Rail Transport
Sale of a major portion of Government stake to a Strategic Buyer and also giving over the management control is called as ____________.
  • Strategic Sale
  • Cross Holding
  • Warehousing
  • Retaining Golden Share
Quantitative Methods aim at influencing _______________________.
  • The end-use of credit in specific areas
  • The total volume of credit in the banking system
  • Both (a) and (b)
  • Neither (a) nor (b)
Net domestic expenditure is consumption expenditure plus _____________.
  • net foreign investment
  • net foreign investment plus net domestic investment
  • net domestic investment
  • replacement expenditure
Which of the following is not a quantitative method of credit control __________________.
  • Bank Rate policy
  • Open market operations
  • The Repo Rate
  • Consumer credit regulation
Disinvestment Process in India is criticized on the following grounds ________________.
  • Lack of Proper Planning
  • Privatisation of Profit-making PSUs only
  • Failure to meet Budget Targets
  • All of the above
In India, the three major objectives of economic policy are growth, social justice and price stability. Which of the above objectives can be pursued most effectively by the monetary authorities of the country?
  • Growth
  • Social Justice
  • Price Stability
  • None of the above
Quantitative measures to control credit are also called _____________.
  • General Measures
  • Selective Methods
  • Both (a) and (b)
  • Neither (a) nor (b)
Which of the following statement is correct?
  • Supply of land is perfectly elastic
  • Fertility of land cannot change
  • Land does not yield any result unless human efforts are employed
  • Supply of land can be increased
Which of the following methods cannot be used as an instrument of Quantitative Control of credit by the Central Bank?
  • Bank Rate Policy
  • Open Market Operations
  • Change in Margin Requirements
  • Changes in Reserve Requirements
All of the following developments were noticed during $$1991$$(when economic reforms were enforced), except _________.
  • national debt was nearly $$60$$ per cent of the GNP of India
  • inflation crossed double digits
  • foreign reserves were maintained at a very high level
  • none of the above
Who first raised the fears of a world food shortage?
  • David Ricardo
  • T.R. Malthus
  • J.S. Mill
  • J.B. Say
The share of tertiary sector in India's GDP in (2011-12) is _____________.
  • Around 46%
  • Around 42%
  • Around 74%
  • None of the above
Of the major $$12$$ ports, _________ has been the top traffic handler for last five years.
  • Paradip
  • Cochin
  • Kandla
  • Mumbai
Almost __________ percent of India's global merchandise trade is carried through the sea route.
  • $$95$$
  • $$65$$
  • $$80$$
  • $$55$$
Which one of the following is NOT an important import item of India at present?
  • Petroleum oil
  • Edible oil
  • Fertilizers
  • News print
Convertibility of the rupee implies __________________.
  • being able to convert rupee notes into gold
  • allowing the value of the rupee to be fixed by market forces
  • freely permitting the conversion of rupee to other major currencies and vice versa
  • developing an international market for currencies in India
The economic reforms have failed to ______________.
  • keep fiscal deficits to the targeted levels
  • fully implement industrial deregulation
  • fully open the economy to trade
  • all of the above
All but one, of the following statements is incorrect. Find the correct statement.
  • Balance of payments is a narrow concept than balance of trade.
  • India is facing severe foreign exchange reserves crunch.
  • Devaluation is the panacea for BOP problem.
  • The RBI is the lender of last resort for Indian public sector banks.
Economic laws are essentially _________.
  • conditional
  • unconditional
  • rigid
  • neutral
Which of the following is considered production in economics?
  • Saving a child from drowning in a river.
  • Doctor examining a patient for a fee.
  • Boating in a lake for recreation.
  • Painting a picture for pleasure.
India is on ___________.
  • paper currency standard
  • metal currency standard
  • both paper and metal currency standard
  • none of the above
The feature of business should be____________.
  • Unlawful business
  • No risk
  • Distinct ownership
  • No status
Which of the following is the example of economic activity?
  • Production
  • Consumption
  • Charity
  • A and B both
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