Explore topic-wise MCQs in 12th.

This section includes 20 Mcqs, each offering curated multiple-choice questions to sharpen your 12th knowledge and support exam preparation. Choose a topic below to get started.

1.

Which of the following statements is false about Taylor and Fayol?

A. Fayol was a mining engineer whereas Taylor was a mechanical engineer
B. Fayol’s principles are applicable in specialised situations whereas Taylor’s principles have universal application
C. Fayol’s principles were formed through personal experience whereas Taylor’s principles were formed through experimentation
D. Fayol’s principles are applicable at the top level of management whereas Taylor’s principles are applicable at the shop floor
Answer» C. Fayol’s principles were formed through personal experience whereas Taylor’s principles were formed through experimentation
2.

Which of the following statements best describes ‘Mental Revolution’?

A. It implies change of attitude
B. The management and workers should not play the game of one upmanship
C. Both management and workers require each other
D. Workers should be pain more wages
Answer» B. The management and workers should not play the game of one upmanship
3.

Management should find ‘One best way’ to perform a task. Which technique of scientific management is defined in this sentence?

A. Time study
B. Motion study
C. Fatigue study
D. Method study
Answer» E.
4.

Which of the following is not a Principle of management given by Taylor?

A. Science, not rule of the thumb
B. Functional foremanship
C. Maximum not restricted output
D. Harmony not discord
Answer» C. Maximum not restricted output
5.

She/He keeps machines, materials, tools etc ready for operations by concerned workers’. Whose work is described by this sentence under functional foremanship?

A. Instruction card clerk
B. Repair boss
C. Gang boss
D. Route clerk
Answer» D. Route clerk
6.

Which of the following statement best describes the principle of ‘Division of Work’?

A. Work should be divided into small tasks
B. Labour should be divided
C. Resources should be divided among jobs
D. It leads to specialisation
Answer» B. Labour should be divided
7.

Henry Fayol was a

A. social scientist
B. mining engineer
C. accountant
D. production engineer
Answer» C. accountant
8.

 The principles of management are significant because of

A. increase in efficiency
B. initiative
C. optimum utilization of resources
D. adaptation to changing technology
Answer» D. adaptation to changing technology
9.

How are principles of management formed?

A. In a laboratory
B. By experiences of managers
C. By experiences of customers
D. By propagation of social scientists
Answer» C. By experiences of customers
10.

Principles of management are not

A. universal
B. flexible
C. absolute
D. behavioural
Answer» D. behavioural
11.

 Economic activities may be classified into business, ___________ and employment

A. Profession
B. occupation
C. vocation
D. work
Answer» B. occupation
12.

 Which of the following is not an example of non-economic activity?

A. Patriotism
B. teaching
C. sentiment
D. sympathy
Answer» C. sentiment
13.

Human activities are of ____________ types

A. One
B. two
C. three
D. four
Answer» C. three
14.

 Transfer of interest exists in the case of

A. Profession
B. employment
C. business
D. none of these
Answer» D. none of these
15.

Following are the characteristics of business risks. One of then is not correct. Please identify it.

A. Loss is the reward for risk bearing
B. Business risks are due to uncertainties
C. Risk is an essential component of every business
D. Degree of risk depends mainly upon the nature and size of business
Answer» B. Business risks are due to uncertainties
16.

Earning of profit is considered to be the subsidiary objective of the business.' The given statement is 

A. True
B. false
C. cannot say
Answer» C. cannot say
17.

Commerce includes activities relating to trade and _________________ to trade.

A. Supporting
B. subsidiaries
C. auxiliaries
D. none of these
Answer» D. none of these
18.

Name the two broad categories of business activities.

A. Trade and commerce
B. trade and industry
C. industry and commerce
D. none of these
Answer» D. none of these
19.

Which one of the following may not be a factor behind starting a business?

A. Routine workload
B. size of the firm
C. finance
D. location of the business
Answer» B. size of the firm
20.

The possibilities of inadequate profits or even losses due to uncertainties are known as ____________

A. Business contingencies
B. Business risks
C. Business ventures
D. None of these
Answer» C. Business ventures