Business Environment Objective Type Questions & Answers

Questions

21 Which of the following does not fall within the jurisdiction of MRTP commission?

A Prevention of Monopolistic Trade practices

B Prevention of Restrictive trade practices

C Prohibition of Unfair Trade Practices

D Regulation of Combinations

View Answer

Answer: Regulation of Combinations

22 Company images and brand equity is factor affecting business

A Externally

B Internally

C Government Policy

D None of these

View Answer

Answer: Externally

Article and Schedule Quiz	Start Test!

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

23 Which among the following is not opened for private sector participation

A Power sector

B Telecommunication sector

C Education sector

D Railways

View Answer

Answer: Railways

24 Which among these is not a method of privatization?

A Denationalization

B Franchising

C Sale of Business

D All of these

View Answer

Answer: Sale of Business

25 A monopolistic trade practice is deemed to be prejudicial to public interest except when

A Authorized by Central Government

B Authorized by State Government

C Authorized by Supreme Court

D None of the above

View Answer

Answer: Authorized by Central Government

26 What are the decisions taken by government of India pertaining to Industrial Sector in the new industrial policy of 1991?

A VRS to shed the excess load of workers

B Disinvestment of public sector share holding

C Referring sick units to BIFR

D All of the above

View Answer

Answer: All of the above

27 By which act government checks restrictive trade?

A Industrial Policy Act 1991

B MRTP Act

C FEMA act

D None of these

View Answer

Answer: MRTP Act

28 For the purpose of inquiry under the MRTP Act, the commission has the power equivalent to

A Civil court

B Consumer court

C High court

D None of these

View Answer

Answer: Civil court

29 ________ is an economic system based on the principal of free enterprise.

A Capitalism

B Socialism

C Mixed Economy

D Marxism

View Answer

Answer: Capitalism

30 Which among the following is not opened for private sector participation

A Power sector

B Telecommunication sector

C Education sector

D Railways

View Answer

Answer: Railways

ADRE 2.0 FULL LENGTH MOCK TEST

Take Mock Tests

Missiles Mock Test	Start Test!
SSC MTS Mock Test	Start Test
IBPS CLERK MOCK TEST	Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH)	Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi)	Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH)	Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH)	Start Test!
IB Security Assistant Mock test 1 (english)	Start Test!
UP POLICE CONSTABLE MOCK TEST 1	Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI)	Start Test!