Classical

Business Environment - Business Environment MCQ

36:  

Industrial (Development & Regulation) Act was passed by parliament in 

A.

1947

B.

1949

C.

1951

D.

1956

 
 

Option: C

Explanation :

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37:  

If the amount claimed by consumer is Rs. 89 Lacs, the case under the consumer protection act shall be filed with 

A.

 District Consumer Redressal forum

B.

State consumer Dispute Redressal Commission

C.

National consumer Dispute Redressal Commission

D.

Supreme court

 
 

Option: B

Explanation :

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Dr Varish Chaturvedi said: (5:05am on Monday 18th September 2017)
State consumer Dispute Redressal Commission limit is between 5 lack to 20 lack ,,,, it will come under State consumer Dispute Redressal Commission

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38:  

The credit for inventing the word “Privatisation” goes to 

A.

Elton Mayo

B.

 F.W. Taylor

C.

L. Urwick

D.

Peter Drucker

 
 

Option: D

Explanation :

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39:  

Indian businesses encounter the following problem in the globalisation

A.

Infrastructural Bottleneck

B.

Lack of interest shown by MNC’s

C.

Both (A) and (B)

D.

None of these

 
 

Option: A

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40:  

Industrial policy resolution of 1948 was divided industries into

A.

3 categories

B.

4 categories

C.

5 categories

D.

6 categories

 
 

Option: B

Explanation :

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