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Question for Class 12 Commerce Business Studies - Quiz / Questions / MCQ in English

Last Update on : October 11, 2026

Duration: 30 · Questions: 30 · Max Marks: 30

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To boost your performance in Class 12 Commerce Business Studies exam, practice each question regularly and with focus. Every question tests your subject understanding, so solve them one at a time. Taking a quiz improves your speed and accuracy. Practicing topic-wise MCQs. Students benefit greatly from reviewing questions with answer keys, which help clarify concepts and strengthen Questions knowledge for success in Class 12 Commerce Business Studies exams.

Latest Class 12 Commerce Business Studies Exam Question (Objective Questions), MCQ in English

Subjects : Business Studies

Question Bank Class 12 Commerce (Business Studies) Exam - English

Business Studies

Q 1 :
Which of the following is not an example of social environment ?
  1. A.Equal pay to male and female workers for equal work
  2. B.Import of animal fat for manufacturing Vanaspati ghee was banned by the government
  3. C.Cell phone have taken over the market from landline phone
  4. D.All of these
Q 2 :
Which of the following is an example of social environment ?
  1. A.Money supply in the economy
  2. B.Consumer Protection Act
  3. C.The Constitution of the country
  4. D.Composition of family
Q 3 :
The importance of business environment is :
  1. A.Identifying first mover advantage
  2. B.Improving in performances
  3. C.Coping with rapid changes
  4. D.All of these
Q 4 :
As a foreign tourist visited India, he noticed that Indian markets, tastes, trends and regulations were different from that of his country. Which feature of business environment is reflected here ?
  1. A.Business environment has uncertainty
  2. B.Business environment is dynamic
  3. C.Business environment is a relative concept
  4. D.All of the above
Q 5 :
Demand for LED TVs are increasing day by day. Thus, TV manufacturers have started making LED TVs instead of LCD. Identify the significance of business environment being portrayed in the given case :
  1. A.Helpful in tapping useful resources
  2. B.Helps the firm to identify threats and early warning signals
  3. C.Helps in coping with rapid changes
  4. D.All of the above
Q 6 :
Booking of railway tickets through internet from home is an example of :
  1. A.Economic environment
  2. B.Political environment
  3. C.Technological environment
  4. D.None of these
Q 7 :
"Trends refer to changes and inclination towards new products and services”. This statement describes significant effect of which environment on business ?
  1. A.Economic environment
  2. B.Social environment
  3. C.Political environment
  4. D.None of the above
Q 8 :
Which dimension of business environment is concerned with improvement and innovations, which provides new ways of producing goods and services ?
  1. A.Technological environment
  2. B.Economic environment
  3. C.Legal environment
  4. D.None of the above
Q 9 :
Which is the process of analysing the environment for the identification of factors which have impact on or have implication for the business :
  1. A.Environment forecasting
  2. B.Environment assessment
  3. C.Environment scanning
  4. D.None of these
Q 10 :
Just after declaration of Lok Sabha elections 2009 results, the Bombay Stock Exchange price index rose by 2100 points in a day. This statement signifies the effect of which environment ?
  1. A.Technological environment
  2. B.Political environment
  3. C.Legal environment
  4. D.Economic environment
Q 11 :
The economic reforms of 1991 or New Economic Policy aimed at :
  1. A.Liberalisation
  2. B.Privatisation
  3. C.Globalisation
  4. D.All of these
Q 12 :
"Nothing can be said with certainty about the factors of business environment". Why ?
  1. A.Because business environment is simple
  2. B.Because business environment is dynamic
  3. C.Because business environment is certain
  4. D.Because business environment is inter-related
Q 13 :
Which of the following statements regarding privatisation is correct ?
  1. A.Privatisation is panacea for all economic problems
  2. B.Privatisation always leads to attaining social and economic efficiency
  3. C.Privatisation may result in unbalanced development of industries in the country
  4. D.None of the above
Q 14 :
Reduces the control of government and encourages private participation :
  1. A.Liberalisation
  2. B.Privatisation
  3. C.Globalisation
  4. D.None of these
Q 15 :
The components of social environment is are :
  1. A.Expectations from workforce
  2. B.Educational system and literacy rates
  3. C.Birth and death rates
  4. D.All of the above
Q 16 :
Which of the following best indicates the importance of business environment ?
  1. A.Identification
  2. B.Improvement in performance
  3. C.Coping with rapid changes
  4. D.All of them
Q 17 :
Identify the examples of changes in business environment that affect business enterprises :
  1. A.Increase in taxes by government can make products expensive, causing reduced demand
  2. B.Change in taste and fashion may shift demand
  3. C.Technological improvements may render existing products obsolete
  4. D.All of the above
Q 18 :
The positive effects of liberalisation and globalization on business and industry are :
  1. A.All round competition
  2. B.World class technology
  3. C.Both (a) and (b)
  4. D.Neither (a) nor (b)
Q 19 :
Which dimension of business environment requires putting a statutory warning on the packets of tobacco products ?
  1. A.Technological environment
  2. B.Economic environment
  3. C.Legal environment
  4. D.All of the above
Q 20 :
Which environment prohibits the advertisement of alcoholic beverages ?
  1. A.Economic
  2. B.Social
  3. C.Legal
  4. D.Technological
Q 21 :
An economy is truly global, where there is :
  1. A.Freedom in taking decisions regarding expansion and contraction of business
  2. B.Free flow of goods and services across the nations
  3. C.Disinvestment of public sector
  4. D.Reduction in tax rate
Q 22 :
The impact of changes in government policy on business and industry is are :
  1. A.Increasing competition
  2. B.More demanding customers
  3. C.Rapidly changing technological environment
  4. D.All of these
Q 23 :
What is included in legal environment of business ?
  1. A.Several acts passed by government
  2. B.Court judgements
  3. C.Statutory warning prescribed under law
  4. D.All of the above
Q 24 :
Which of the following does not come under the dimensions of business environment ?
  1. A.Economic
  2. B.Social
  3. C.Legal
  4. D.Emotional
Q 25 :
Which of the following option correctly describes the difference between specific and general forces of business environment ?
  1. A.Specific forces affect the individual enterprise directly, whereas general forces have indirect impact on all business enterprises
  2. B.General forces have direct impact on individual enterprise, whereas specific forces have indirect impact on business enterprise
  3. C.Specific forces does not affect an enterprise at all, whereas general forces affects directly on all business enterprises
  4. D.None of the above
Q 26 :
Liberalisation means :
  1. A.Integration among economies
  2. B.Reduced government controls and restrictions
  3. C.Policy of planned disinvestments
  4. D.None of them
Q 27 :
Obstacles to privatisation are :
  1. A.Opposition by labourers
  2. B.Problem of financing
  3. C.Political pressure
  4. D.All of these
Q 28 :
Which is concerned with the withdrawal of State from an industry or sector, partially or fully :
  1. A.Liberalisation
  2. B.Modernisation
  3. C.Privatisation
  4. D.Globalisation
Q 29 :
Globalisation means :
  1. A.Removal of unnecessary government control and restrictions from business and industries
  2. B.Reducing the role of public sector
  3. C.Integration of various economies of the world
  4. D.Reduction in tax rate by the government
Q 30 :
Subsidy to cotton textile industry is an example of .
  1. A.Economic environment
  2. B.Social environment
  3. C.Legal environment
  4. D.Political environment

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