Deck 2: Economics and Politics

Question 1

Fiscal policy refers to the policy of government regarding taxation, public expenditure and___

A)Public debt
B)Budgets
C)Policies
D)Deposits

Answer 1

Budgets

Question 2

--------- is the process of analyzing the environment for the identification of the factors which have implication for the business.

A)Scanning
B)Assessment
C)Evaluation
D)Information

Answer 2

Scanning

Question 3

Fiscal policy is called as ________policy

A)Monetary
B)Budgetary
C)Industrial
D)Economic

Answer 3

Budgetary

Question 4

One concept of culture determines the ____________ of people

A)Experience
B)Ethos
C)Education
D)Wealth

Question 5

Self fulfillment and immediate gratification are ____________ cultural values

A)Decreases
B)Rises
C)Diminishes
D)Corporate

Question 6

Which condition population remain stable
I. High birthrate and high death rate
II. Low birthrate and high death rate
III. High birthrate and low death rate
IV. Low birthrate and low death rate

A)I & III
B)I & IV
C)II & III
D)All of the above

Question 7

--------- is a very important factor that provides competitive advantage

A)Innovation
B)Modulation
C)Dimension
D)Variation

Question 8

Which can be a method of privatization

A)Denationalization
B)Purchasing shares
C)Takeover
D)Merger

Question 9

In india liberalization and privatization began from__

A)1991
B)1971
C)1981
D)1947

Question 10

Industrial policy of 1948 aimed at ____

A)Industrialization
B)Growth of agriculture
C)Development of infrastructure
D)Development of service sector

Question 11

The aim of the private sector is to maximize __________

A)Loss
B)Profit
C)Import
D)Export

Question 12

Business are raising/generate fund through

A)Capital market
B)Money market
C)Both
D)None of the above

Question 13

__________ means the proportion of a nation population living in urban areas.

A)Privatization
B)Globalization
C)Urbanization
D)Liberalization

Question 14

________ change is a potent fame the reconfiguration of industrial boundaries

A)Technological
B)Economical
C)Organizational
D)Environmental

Question 15

What was the period of the 12th five-year plan of India?

A)2007 to 2012
B)2012 to 2017
C)2017 to 2022
D)2010 to 2015

Question 16

Corporate contribution to political parties are now been ____________ in our country

A)Legalized
B)Customized
C)Introduced
D)Authorized

Question 17

Currently ________ is implemented by government in place of Five year plan.

A)Make in India
B)NITI aayog
C)Skill India
D)PM aayog

Question 18

The _____________ is an introduction to the constitution and contains its basic philosophy.

A)Preamble
B)Society
C)Process
D)Service

Question 19

The term fraternity implies the spirit of _________________

A)Brotherhood
B)Judiciary
C)Justice
D)Value

Question 20

________ signifies the absence of any arbitrary restraint on the freedom of individual action and creations for the development of personality of The individual.

A)Fraternity
B)Liberty
C)Secularism
D)Socialism

Question 21

Secularism is understood to mean according equal encouragement to all ________

A)Country
B)Ethics
C)Values
D)Religion

Question 22

_______ state can have an elected or hereditary head

A)Democratic
B)Autocratic
C)Socialized
D)Republic

Question 23

___________ is a systematic application of scientific or other organized knowledge to practical task.

A)Technology
B)Society
C)Demography
D)Responsibility

Question 24

The era of deregulation liberalization begin in _

A)1950 - 51
B)1980-81
C)1991-92
D)1960-61

Question 25

Identification of companies technological assets that may provide ___________ in new businesses

A)Opportunities
B)Development
C)Failure
D)Authority