MCQOPTIONS
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MCQOPTIONS
This section includes 2956 Mcqs, each offering curated multiple-choice questions to sharpen your UPSC IAS Exam knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The objective in corporate governance is |
| A. | Shareholder value maximization |
| B. | Growth |
| C. | Stability |
| D. | All of the above |
| Answer» E. | |
| 2. |
Total Cost equals to ______. |
| A. | Total cost = total fixed cost + total variable cost |
| B. | Total cost = total fixed cost + total marginal cost |
| C. | Total cost = total variable cost + total marginal cost |
| D. | None of the above |
| Answer» B. Total cost = total fixed cost + total marginal cost | |
| 3. |
In concept of Economics, Macro means _____. |
| A. | Small |
| B. | Large |
| C. | Middle |
| D. | All of the above |
| Answer» C. Middle | |
| 4. |
In management process, the most misinterpreted word is |
| A. | Organizing |
| B. | Delegating |
| C. | Controlling |
| D. | Planning |
| Answer» B. Delegating | |
| 5. |
Economics is a study of wealth(Assets) said by _____. |
| A. | Adam smith |
| B. | Alfred marshall |
| C. | Lionel robbins |
| D. | None of the above |
| Answer» B. Alfred marshall | |
| 6. |
Which is the types of organization? |
| A. | Line organization |
| B. | Staff organization |
| C. | Committee organization |
| D. | All of the above |
| Answer» E. | |
| 7. |
_______ refers to a market with a single seller. |
| A. | Monopoly |
| B. | Oligopoly |
| C. | Perfect competition |
| D. | All of the above |
| Answer» B. Oligopoly | |
| 8. |
Management is said to be the combination of three factors, arts, science and the third is |
| A. | Profession |
| B. | Authority |
| C. | Communication |
| D. | None of the above |
| Answer» B. Authority | |
| 9. |
The producer’s demand for a factor of production is governed by the ___ of that factor. |
| A. | Price |
| B. | Marginal productivity |
| C. | Availability |
| D. | Profitability |
| Answer» C. Availability | |
| 10. |
The most simple and popular method of measuring economic development is to calculatethe trend of gross national product (GNP) at __________ |
| A. | Current prices |
| B. | Constant prices |
| C. | Both of the above |
| D. | None of the above |
| Answer» C. Both of the above | |
| 11. |
______ is an organized group of people with a particular purpose. |
| A. | Organization |
| B. | Management |
| C. | Company |
| D. | None of the above |
| Answer» B. Management | |
| 12. |
Costliness of the ________ is the overriding factor determining the extent ofdecentralization. |
| A. | Decision |
| B. | Staffing |
| C. | Controlling |
| D. | Managing |
| Answer» B. Staffing | |
| 13. |
Financial activities done by bank is called _____. |
| A. | Transaction |
| B. | Operation |
| C. | Banking |
| D. | None of the above |
| Answer» D. None of the above | |
| 14. |
Which among the following are the factors that determine the national income of a country? |
| A. | Quantity and Quality of factors of production |
| B. | The state of technical knowledge |
| C. | Economic and political stability |
| D. | All of the above |
| Answer» E. | |
| 15. |
Power and authority is kept under top management is known as? |
| A. | Centralization |
| B. | Decentralization |
| C. | Both A and B |
| D. | None of the above |
| Answer» B. Decentralization | |
| 16. |
Which one is the characteristics of organization? |
| A. | Assigning the duties |
| B. | Division of work |
| C. | Coordination |
| D. | All of the above |
| Answer» E. | |
| 17. |
In concept of Economics, Micro means _____. |
| A. | Small |
| B. | Large |
| C. | Middle |
| D. | All of the above |
| Answer» B. Large | |
| 18. |
Which is the function of management? |
| A. | Planning |
| B. | Organizing |
| C. | Staffing |
| D. | All of the above |
| Answer» E. | |
| 19. |
Which type of strategies do professional managers help organizations in chalking out? |
| A. | Multi-disciplinary |
| B. | Corporate |
| C. | Managerial |
| D. | All of the above |
| Answer» C. Managerial | |
| 20. |
Income elasticity of demand is defined as the responsiveness of: |
| A. | Quantity demanded to a change in income |
| B. | Quantity demanded to a change in price |
| C. | Price to a change in income |
| D. | Income to a change in quantity demanded |
| Answer» B. Quantity demanded to a change in price | |
| 21. |
Which is types of Management? |
| A. | Top management |
| B. | Middle level management |
| C. | Lower level management |
| D. | All of the above |
| Answer» E. | |
| 22. |
In the short run, when the output of a firm increases, its average fixed cost: |
| A. | Remains constant |
| B. | Decreases |
| C. | Increases |
| D. | First decreases and then rises |
| Answer» C. Increases | |
| 23. |
The internal environment factor that influence management is |
| A. | Labor |
| B. | Machines |
| C. | Place |
| D. | All of the above |
| Answer» E. | |
| 24. |
Full form of GNP. |
| A. | Gross Natural Price |
| B. | Global Natural Product |
| C. | Global National Price |
| D. | Gross National Product |
| Answer» E. | |
| 25. |
A situation in which a person is jobless is knows as _____. |
| A. | Poverty |
| B. | Labor |
| C. | Unemployment |
| D. | None of the above |
| Answer» D. None of the above | |
| 26. |
______ is defined as a continuous increase in the general level of prices for goods andservices |
| A. | Poverty |
| B. | Inflation |
| C. | Unemployment |
| D. | None of the above |
| Answer» C. Unemployment | |
| 27. |
If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to: |
| A. | Increase |
| B. | Decrease |
| C. | Remain the same |
| D. | Become zero |
| Answer» B. Decrease | |
| 28. |
______ is a tool for corporate governance. |
| A. | Management |
| B. | Communication |
| C. | Coordination |
| D. | All of the above |
| Answer» C. Coordination | |
| 29. |
_______ is a tool for corporate governance. |
| A. | Training |
| B. | Recruitment |
| C. | Communication |
| D. | Consulting |
| Answer» D. Consulting | |
| 30. |
From which policy government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. |
| A. | Fiscal policy |
| B. | Government policy |
| C. | RBI policy |
| D. | None of the above |
| Answer» B. Government policy | |
| 31. |
The higher the ________ level of the employee, the lower the job satisfaction. |
| A. | Managerial |
| B. | Educational |
| C. | Satisfaction |
| D. | None of the above |
| Answer» C. Satisfaction | |
| 32. |
Which one is known as plastic money? |
| A. | Coin |
| B. | Printed currency note |
| C. | Credit or Debit cards |
| D. | All of the above |
| Answer» D. All of the above | |
| 33. |
Which is the advantages of corporate social responsibility(CSR) |
| A. | Satisfied employees |
| B. | Commitment with stakeholders |
| C. | Costs reductions |
| D. | All of the above |
| Answer» E. | |
| 34. |
Which is the function of RBI? |
| A. | Issue of currency notes |
| B. | Banker to government |
| C. | Controller of credit |
| D. | All of the above |
| Answer» E. | |
| 35. |
______ is India’s central banking institution, which controls the monetary policy of the Indian rupee. |
| A. | RBI |
| B. | CBI |
| C. | SBI |
| D. | All of the above |
| Answer» B. CBI | |
| 36. |
By __ growth rate of an economy can be speeded up. |
| A. | Investment in share market |
| B. | Investment abroad |
| C. | Investment in human capital formation |
| D. | Investment in primary sector |
| Answer» D. Investment in primary sector | |
| 37. |
A Recession is ______ |
| A. | A period of declining prices |
| B. | A period during which aggregate output declines |
| C. | A period of declining unemployment |
| D. | A period of falling trade volumes |
| Answer» C. A period of declining unemployment | |
| 38. |
To find out cut-off production volume means no profit no loss which concept is used? |
| A. | Law of variable proportion |
| B. | Break-Even Analysis |
| C. | Law of returns to scale |
| D. | None of the above |
| Answer» C. Law of returns to scale | |
| 39. |
Fiscal Policy means: |
| A. | Policy relating to money and banking in a country |
| B. | Policy relating to non-banking financial institutions |
| C. | Policy relating to government spending’ taxation and borrowing |
| D. | Policy relating to financial matters of international trade |
| Answer» D. Policy relating to financial matters of international trade | |
| 40. |
The cost of one thing in terms of the alternative given up is called: |
| A. | Real cost |
| B. | Production cost |
| C. | Physical cost |
| D. | Opportunity cost |
| Answer» E. | |
| 41. |
Producers supply more at a higher price because selling more quantity at higher price increase revenue means what? |
| A. | The law of demand |
| B. | The law of supply |
| C. | All A and B |
| D. | None of the above |
| Answer» C. All A and B | |
| 42. |
Which is the principles of management? |
| A. | Division of work |
| B. | Authority and responsibility |
| C. | Unity of Direction |
| D. | All of the above |
| Answer» E. | |
| 43. |
Limitation of business planning is |
| A. | Time consuming |
| B. | Expensive device |
| C. | Heavy cost of planning |
| D. | All of the above |
| Answer» E. | |
| 44. |
Management is a creative and ________ process. |
| A. | Continuous |
| B. | Technical |
| C. | Democratic |
| D. | None of the above |
| Answer» B. Technical | |
| 45. |
Demand for factors of production is: |
| A. | Derived demand |
| B. | Joint demand |
| C. | Composite deman |
| D. | D None of the above |
| Answer» B. Joint demand | |
| 46. |
The word _______ denotes a function, a task, a discipline. |
| A. | Management |
| B. | Leadership |
| C. | Motivation |
| D. | None of the above |
| Answer» B. Leadership | |
| 47. |
Where is exchange of goods and services take place? |
| A. | Company |
| B. | Production |
| C. | Market |
| D. | None of the above |
| Answer» D. None of the above | |
| 48. |
When national income is calculated with reference to a base year, it is called: |
| A. | Nominal national income |
| B. | Net national income |
| C. | Real national income |
| D. | Gross national income |
| Answer» D. Gross national income | |
| 49. |
Which one of the following is NOT the objective of fiscal policy of government of India? |
| A. | Full employment |
| B. | Price stability |
| C. | Regulation of inter-state trade |
| D. | Economic growth |
| Answer» D. Economic growth | |
| 50. |
Which are the factors of production? |
| A. | Land |
| B. | Labor |
| C. | Capital |
| D. | All of the above |
| Answer» E. | |