multiple choice questions on indian business environment

Dear aspirant,

Here are some mcqs on Indian Business environment-

1)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

Answer- d

2)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

Answer-a

3)____ is an economic system based on the principal of free enterprise.

a)Capitalism

b)Socialism

c)Mixed economy

d)Marxism

Answer-A

4)Which among this is not opened for private sector participation

a)Power sector

b)Telecommunication sector

c)Education sector

d)Railways

Answer-d

5)The pre liberalisation era of indian economy was under the grip of

a)Unemployment

b)Under-employment

c)Fiscal Deficit

d)Unfavourable and alarming balance of payment

Answer-d

These are some of the MCQs that can be asked on indian business environment.To get more types of such MCQs you can do a google search and get many questions like those above!

Best of luck.