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MCQ Questions for Class 11 Business Studies with Answers
Q1. Departmental Undertakings are suitable in case of
(i) National security
(ii) Commercial undertakings
(iii) Industrial undertakings
(iv) Infrastructural Facilities
(i) National security
Q2. Which one of the following public sector undertaking is established by passing a special law under Parliament?
(i) Statutory corporation
(ii) Partnership
(iii) Sole proprietorship.
(iv) Departmental Undertaking
(i) Statutory corporation
Q3. PSE’s are organizations owned by :
(i) Joint Hindu Family
(ii) Government
(iii) Foreign Companies
(iv) Private Enterpreneurs.
(ii) Government
Q4. Indian economy is a
(i) socialist economy
(ii) pure market economy
(iii) mixed economy
(iv) traditional economy
(iii) mixed economy
Q5. Steel Authority Of India Limited is a public enterprise. Identify this form of public enterprises
(i) Government Company
(ii) Statutory Corporation.
(iii) Departmental Undertaking
(iv) Multinational Company.
(i) Government Company
Q6. Which one of the following is NOT a public sector undertaking?
(i) Partnership
(ii) Departmental undertaking
(iii) Government companies
(iv) Statutory corporation
(i) Partnership
Q7. Stages in the formation of a public company are in the following order
(i) Promotion, Incorporation , capital subscription, commencement of business
(ii) Incorporation, Capital of Business, Capital Subscription Commencement of Business, Promotion
(iii) Capital Subscription, Promotion, Incorporation, Commencement of Business
(iv) Promotion, commencement of business
(i) Promotion, Incorporation , capital subscription, commencement of business
Q8. Private company is related to which sector:
(i) Mixed
(ii) Public
(iii) Private
(iv) Government
(iii) Private
Q9. Which of the following enterprises may benefit the most by an established brand name at the time of incorporation?
(i) Departmental Undertaking
(ii) Government Company
(iii) Statutory corporations
(iv) Joint Venture
(iv) Joint Venture
Q10. Reserve bank of India has been set up as which type of public enterprise?
(i) Statutory corporation
(ii) MNC
(iii) Departmental undertakings.
(iv) Government companies
(i) Statutory corporation
Q11. Preliminary Contracts are signed
(i) After commencement of business business
(ii) After incorporation but before the capital subscription
(iii) Before the incorporation
(iv) After incorporation but before
(iii) Before the incorporation
Q12. Which one of the following is NOT a public sector undertaking?
(i) Partnership
(ii) Departmental undertaking
(iii) Government companies
(iv) Statutory corporation.
(i) Partnership
Q13. Which is not MNC’s of USA :
(i) Coca Cola
(ii) Pepsi
(iii) Partnership
(iv) Joint venture
(iv) Joint venture
Q14. The public sector enterprises are to invest and operate in certain spheres. Which of the following is not one of these core sectors?
(i) Civil aviation
(ii) Power generation plants
(iii) Pharmaceuticals
(iv) Project management consultancies
(iii) Pharmaceuticals
Q15. Centralised control in MNC implies control is exercised by
(i) Head quarters
(ii) Branches
(iii) Subsidiaries
(iv) Parliament.
(i) Head quarters
Q16. Which of the following comes under the private sector?
(i) Joint Hindu Family
(ii) Partnership
(iii) Sole Proprietorship
(iv) All of the above
(iv) All of the above
Q17. ndian economy is
(i) Closed Economy
(ii) Private Economy
(iii) Mixed Economy
(iv) Fully Developed Economy
(iii) Mixed Economy
Q18. Canara Bank is example of which sector:
(i) Mixed
(ii) Public
(iii) Private
(iv) None of these
(ii) Public
Q19. The shares of a Government Company are purchased in the name of which of the following?
(i) The Indian Government.
(ii) The President of India.
(iii) The Chief Minister of the state, where the head office of the company lies.
(iv) The Managing Director of the company.
(ii) The President of India.
Q20. Disinvestment in PSEs implies
(i) Sale of equity shares to public
(ii) Investment in new areas
(iii) Closing down public sector
(iv) Buying shares of PSEs
(i) Sale of equity shares to public
Q21. Which one of the following is the disadvantage of MNCs?
(i) Disregard national Priorities
(ii) Bringing foreign exchange
(iii) Improved standard of living
(iv) Bringing Advanced Technology
(i) Disregard national Priorities
Q22. Minimum number of members to form a private company is
(i) 5
(ii) 7
(iii) 2
(iv) 3
(iii) 2
Q23. Which is not private undertaking :
(i) Partnership
(ii) Departmental undertaking
(iii) Joint stock company
(iv) Sole trade.
(ii) Departmental undertaking
Q24. Reconstruction of sick public sector units is taken up by
(i) MOFA
(ii) MoU
(iii) BIFR
(iv) NRF
(iii) BIFR
Q25. Which one of the following is the disadvantage of MNCs?
(i) Disregard national Priorities.
(ii) Bringing foreign exchange.
(iii) Improved standard of living.
(iv) Bringing Advanced Technology.
(i) Disregard national Priorities.
Q26. Which one of the following public sector undertaking is established by passing a special law under Parliament?
(i) Statutory corporation
(ii) Partnership
(iii) Sole proprietorship
(iv) Departmental Undertaking
(i) Statutory corporation
Q27. Expand MOU
(i) Memorandum of Association United
(ii) Memorandum original Universal
(iii) Memorandum of Understanding
(iv) Memorandum of Unity
(iii) Memorandum of Understanding
Q28. Which is Japanese MNC :
(i) Sony
(ii) Pepsi
(iii) Ponds
(iv) Wipro.
(i) Sony
Q29. Which of the following was the first successful privatisation of a Central Public Sector Undertaking, carried out by the Government?
(i) BBUNL
(ii) LJMC
(iii) MMTC
(iv) MoU
(ii) LJMC
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MCQ Questions for Class 11 Business Studies with Answers
- Lesson 1. Nature and Purpose of Business Class 11 MCQ Questions
- Lesson 2. Forms of Business Organisation Class 11 MCQ Questions
- Lesson 3. Private, Public and Global Enterprises Class 11 MCQ Questions
- Lesson 4. Business Services Class 11 MCQ Questions
- Lesson 5. Emerging Modes of Business Class 11 MCQ Questions
- Lesson 6. Social Responsibilities of Business and Business Ethics Class 11 MCQ Questions
- Lesson 7. Formation of a Company Class 11 MCQ Questions
- Lesson 8. Sources of Business Finance Class 11 MCQ Questions
- Lesson 9. Small Business Class 11 MCQ Questions
- Lesson 10. Internal Trade Class 11 MCQ Questions
- Lesson 11. International Business 1 Class 11 MCQ Questions