MCQ quiz on Business Environment multiple choice questions and answers on Business Environment MCQ questions on Business Environment M.Com, MBA Semester I objectives questions with answer test pdf for interview preparations, freshers jobs and competitive exams. Professionals, Teachers, Students and Kids Trivia Quizzes to test your knowledge on the subject.

Business Environment Quiz Question with Answer

1. IRDA Act is enacted in the year

  1. 1991
  2. 1999
  3. 1990
  4. 2009

2. Key actors in a businesss immediate environment include

  1. Regulations
  2. Technology
  3. Economy
  4. Politics

3. Low income economies are also called

  1. Third world
  2. Under developed nations
  3. Developing nations
  4. Second world

4. Macro environment consist of

  1. Political system
  2. Demographic factors
  3. Culture of the society
  4. All the above

5. Marketing intermediaries are categorized under...........Environment

  1. External
  2. Macro
  3. Micro
  4. Remote

6. MFA stands for

  1. Multilateral Finance Agreement
  2. Multifibre Arrangement
  3. Multilateral Federation of Agriculture
  4. None of these

7. Monetary policy in India is framed by the

  1. RBI
  2. Ministry of finance
  3. Ministry of corporate affairs
  4. Planning commission

8. Moral suasion is...........nature of credit control

  1. Qualitative
  2. Quantitative
  3. Restrictive
  4. None of these

9. MRTP Act has been replaced by...........Act in 2002

  1. Consumer Protection Act
  2. Competition Act
  3. Monopoly Control Act
  4. None of these

10. Multilateral trade negotiation under GAAT is called

  1. Rounds
  2. Conference
  3. Council
  4. Discussion

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