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Business environment - CSEET Part 1


I. The impact of business environment may differ from company to company or country to country. This is covered under which of the following features of business environment?

1. Dynamic

2. Uncertainty

3. Relativity

4. Complex

ANS 3


2. A fashion designer's business may suffer if he does not change with the changing textile fashion. This development will be covered under which of the following factors?

1. Social

2. Technological

3. Political

4. Economic

ANS 1


3. National Company Law Tribunal (NCLT) is the outcome of the__

1. Uday Kotak Committee

2. Eradi Committee

3. Cadbury Committee

4. NL Mitra Committee

ANS 2


4. Bank of Bengal, Bank of Bombay and Bank of Madras which were later merged and called Imperial Bank were taken over by the


(a) Bank of Baroda

(b) Canara Bank

(c) Punjab National Bank

(d) State Bank of India


ANS 4


5. If a business organisation is sued forbdata breach of confidential information,bthen this matter will be covered underbwhich of the following as per PESTLE?

a) Social Factors

b) Political Factors

c) Legal Factors

d) Economic Factors

ANS 3


6. From the following information calculate national income. Consumption expenditure= INR 1000 Crore.

Investment Expenditure = INR 800 Crore.

Government Expenditure = INR 1200 Crore

Net Exports = INR 400 Crore.

1. INR 2200 Crore.

2. INR 1800 Crore

3. INR 3000 Crore

4. INR 3400 Crore


ANS 4


7. ---------------is an online procurement

platform for government ministries and departments, and the most widely used channel for public procurement in India.

1. Government e Manufacturing Plan

2. Government e Model place

3. Government e Marketplace

4. Government e Manufacturing place

ANS 3


8. The value of money during the inflation-

1. Increases

2. Decreases

3. Stays stable

4. None of these

ANS 2


9. The final approval to the five year plans of India is given by?

1. NITI Aayog

2. President of India

3. National Development Council

4. Ministry of Finance

ANS 3


10. The main objective of the first five year plan of India was?

1. Development of infrastructure

2. Development of ports

3. Development of the industries

4. Development of agriculture

ANS 4


11. The first five-year plan of India started in? (a) 1951 (b) 1952 (c) 1949 (d) 1950

ANS 1



12. NITI Aayog or the National Institution for Transforming India replaced which of the following commission?

1. Public Service Commission

2. Civil Service Commission

3. The Election Commission

4. The Planning Commission

ANS 4


13. The main aim of the Eleventh Five Year Plan was

1. Eradication of regional imbalances

2. Food, Work and Productivity

3. Inclusive Growth in all sectors

4. Eradication of Poverty

ANS 3


14. Who presents Budget in Parliament?

1. Prime Minister

2. Finance Minister

3. Home Minister

4. President of India

ANS 2


15. The long form of DPIIT is:

(a) Department for Promotion of Innovation and International Trade

(b) Department for Promotion of Industry and Internal Trade

(e) Department for Prolferation of Innovation and Internal Trade

(d) Department for Promotion of Industry and International Trade


ANS 2

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