Question 101 : Analysis of external environment indicates strengths and weaknesses of the organization.
- True
- False
Question 102 : Political environment is concerned with different aspects of population.
- True
- False
Question 103 : Business environment has direct and indirect impact on the working of business organizations.
- True
- False
Question 104 : A stable political environment is required to enhance business growth.
- True
- False
Question 105 : Physical facilities and financial resources are elements of external business environment.
- True
- False
Question 106 : Cultural environment does not influence demand for goods and services.
- True
- False
Question 107 : Business and business environment are interdependent.
- True
- False
Question 108 : Legal environment consists of factors related to population.
- True
- False
Question 109 : The international business environment is influenced by international forums like WTO and trading blocs.
- True
- False
Question 110 : India is a member of SAARC.
- True
- False
Question 111 : WTO is the apex body to oversee implementation of all multilateral trade agreements.
- True
- False
Question 112 : GATS is an agreement of WTO.
- True
- False
Question 113 : Trade without discrimination is an objective of WTO.
- True
- False
Question 114 : As per TRIPs agreement, foreign investments are treated at par with domestic investments.
- True
- False
Question 115 : NAFTA is a trading bloc of European countries.
- True
- False
Question 116 : Trading blocs establish collective force against non-members.
- True
- False
Question 117 : TRIMs and AOA are examples of trading blocs.
- True
- False
Question 118 : The GATs agreement of WTO pertain to patents and copyrights.
- True
- False
Question 119 : _____ feasibility study finds out profitability of the proposed project.
- Technical
- Market
- Financial
- None of the above
Question 120 : _____ acts as a reference guide during the execution of the project.
- Feasibility report
- Project report
- legal report
- None of the above
Question 121 : _____ refers to finding out practical utility of a project.
- Feasibility study
- Project planning
- Project report
- All of the above
Question 122 : Project planning is summarized in _____.
- Project report
- feasibility report
- legal report
- All of the above
Question 123 : _____ describes the purpose and values of business.
- Mission statement
- Objectives
- Vision statement
- None of the above
Question 124 : _____ undertakes preliminary steps necessary for formation of a company.
- Promoter
- Intrapreneur
- Manager
- None of the above
Question 125 : Decision on location is an important element of _____.
- setting up a business unit
- market research
- manufacturing process
- All of the above
Question 126 : _____ number is required for directors of a company.
- DIN
- TIN
- TAN
- None of the above
Question 127 : _____ is required for tax deduction at source
- TAN
- TIN
- DIN
- All of the above
Question 128 : The _____ is the companys charter.
- Memorandum
- Articles of Association
- Prospectus
- None of the above
Question 129 : For exporting goods, it is necessary to get registered with _____.
- DGFT
- ROC
- RBI
- All of the above
Question 130 : _____ is mandatory for opening of bank account and filing of income tax returns.
- PAN
- TAN
- TIN
- All of the above
Question 131 : Analysis of environmental factors is done in business planning process.
- True
- False
Question 132 : There is no need to undertake period review of performance.
- True
- False
Question 133 : The feasibility study has no practical significance.
- True
- False
Question 134 : Project report is a summary of project planning.
- True
- False
Question 135 : Project report contains details of feasibility study undertaken.
- True
- False
Question 136 : Feasibility study is undertaken to find out practical utility of a project.
- True
- False
Question 137 : Financial feasibility study covers technical aspects of the project.
- True
- False
Question 138 : Project report is a base for feasibility study.
- True
- False
Question 139 : The project report is important only to the entrepreneur.
- True
- False
Question 140 : Market feasibility study covers the environmental impact of the proposed project.
- True
- False
Question 141 : Law and order situation is an important factor to be considered in location of a business unit.
- True
- False
Question 142 : Social infrastructure must be considered while deciding on location of a business unit.
- True
- False
Question 143 : Promoter is a person who undertakes the preliminary steps necessary for formation of a company.
- True
- False
Question 144 : VAT is required for depositing of TDS.
- True
- False
Question 145 : Memorandum of Association is the document which contains internal regulations of the company.
- True
- False
Question 146 : PAN is mandatory for filing of income tax returns and other financial transactions.
- True
- False
Question 147 : Tax rebate is an exemption from tax granted for a specific period of time.
- True
- False
Question 148 : Business units dealing in hotels, foods and drugs need to obtain FDA license before starting operations.
- True
- False
Question 149 : Articles of Association is companys charter.
- True
- False
Question 150 : Registration under Indian Partnership Act, 1932 is voluntary except in Maharashtra.
- True
- False