πŸ“Š Business Management
Q. Which of the following groups of economists find consumers sovereignty undesirable?
  • (A) Capitalists
  • (B) Socialists
  • (C) Mercantilists
  • (D) Positivists
πŸ’¬ Discuss
βœ… Correct Answer: (B) Socialists
πŸ“Š Business Management
Q. In linear programming shadow prices are
  • (A) The values assigned to one unit of capacity
  • (B) Maximum cost per item
  • (C) Cost of brought out items
  • (D) Cost of items manufactured in the plant
πŸ’¬ Discuss
βœ… Correct Answer: (A) The values assigned to one unit of capacity
πŸ“Š Business Management
Q. The performance of a company can be judged by its
  • (A) Share capital
  • (B) total production
  • (C) number of employees
  • (D) profits
πŸ’¬ Discuss
βœ… Correct Answer: (D) profits
πŸ“Š Business Management
Q. All of the following are the characteristics of capitalism EXCEPT
  • (A) Right to private property
  • (B) Economic equality
  • (C) Profit motive
  • (D) Right of free enterprise
πŸ’¬ Discuss
βœ… Correct Answer: (B) Economic equality
πŸ“Š Business Management
Q. The incentive plan which awards bonus to worker on the basis of time save in addition to certain base rate is
  • (A) Halsey plan
  • (B) Rowan plan
  • (C) Emerson plan
  • (D) none of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) Halsey plan
πŸ“Š Business Management
Q. Basic tool in work study is
  • (A) Process chart
  • (B) Planning chart
  • (C) Shop layout
  • (D) Stop watch
πŸ’¬ Discuss
βœ… Correct Answer: (D) Stop watch
πŸ“Š Business Management
Q. India had a plan holiday between
  • (A) 1947 and 1951
  • (B) 1963 and 1966
  • (C) 1966 and 1969
  • (D) 1971 and 1974
πŸ’¬ Discuss
βœ… Correct Answer: (D) 1971 and 1974
πŸ“Š Business Management
Q. Micromotion study is
  • (A) Enlarged view of motion study
  • (B) Analysis of one stage of motion chart
  • (C) Motion study when seen on a time chart
  • (D) Sub-division of an operation into therbligs and their analysis
πŸ’¬ Discuss
βœ… Correct Answer: (D) Sub-division of an operation into therbligs and their analysis
πŸ“Š Business Management
Q. Sinking fuad' is associated with
  • (A) employees welfare
  • (B) mahcine depreciation
  • (C) idle timing
  • (D) indirect labour cost
πŸ’¬ Discuss
βœ… Correct Answer: (B) mahcine depreciation
πŸ“Š Business Management
Q. Speculation arises because of
  • (A) Monopolistic competition
  • (B) Stock market
  • (C) Share market
  • (D) Uncertainty of the future
πŸ’¬ Discuss
βœ… Correct Answer: (D) Uncertainty of the future