CS/BBA(H),BIRM,BSCM/SEM-3/BBA-302/2011-12
2011
BUSINESS ENVIRONMENT
Time Allotted : 3 Hours Full Marks : 70
The figures in the margin indicate full marks.
Candidates are required to give their answers in their own words
as far as practicable.
GROUP – A
( Multiple Choice Type Questions )
1. Choose the correct alternatives for any ten of the following :
10 × 1 = 10
i) When inflation occurs due to increase in the cost of
production in an economy it is called
a) cost push inflation b) running inflation
c) demand pull inflation d) creeping inflation.
ii) Planning Commission was set up in India in
a) 1947 b) 1950
c) 1955 d) 1958.
iii) FICCI is an example of
a) Industry Association b) Employer Association
c) Employee Association d) None of these.
v) IBRD stands for
a) Internal Bank of Reconstruction and Development
b) International Board of Reconstruction and
Development
c) International Bank of Reconstruction and
Development
d) International Bureau of Reconstruction and
Development.
v) Devaluation is profitable when
a) Dx + Dm > 1 b) Dx + Dm < 1
c) Dx + Dm = 1 d) none of these.
vi) Economic environment refers to
a) Legislature, executive and Judiciary system
b) Planning & Policies related with agricultural
industry etc.
c) Custom, religion and ethical issues
d) none of these.