Government Policies for Business Growth QUIZ: CA Foundation 0 Created on October 12, 2023 By admin Ch 4 Government Policies for Business Growth Quiz 1 1 / 21 At the time of attaining freedom in 1947, India witnessed the existence of the problem of _________. Multiplicity of Princely States Lack of Industries Lack of enough food-grains All of the above 2 / 21 During the time of Emperor Chandra Gupta Maurya, the great intellectual guru of the emperor, _________ outlined the public policy of the State. Akbar Sultan Chanakya Todarmal 3 / 21 In which country, the import of second hand foreign cars is allowed? India Bangladesh Japan USA 4 / 21 The Government Policies are “Sine qua non” for all spheres of the economy. The term “Sine qua non” means: Indispensible Universal Robust Applicable 5 / 21 At the time of independence, Strong policy making was required as the nation had a diversity of: Languages Cultures Inequalities All of the above 6 / 21 Who has authorised the book “Arthashastra”, a Conceptual frame work of State Craft and public Policy? Chandragupta Maurya Chanakya Plato Akbar 7 / 21 During the time when Ashoka, the Great, ruled Magadh, _________ introduced the policy of Peace & Harmony. Ashoka Chandragupta Todarmal Chanakya 8 / 21 During the time of Akbar, land reforms were introduced under the leadership of : Alauddin Khilji Akbar Todarmal Chanakya 9 / 21 In Delhi sultanate, who introduced stringent tax reforms: Alauddin Khilji Akbar Todarmal Chanakya 10 / 21 Which one of the following is an example of Liberalization? Simplification of tax structure Removing quotas and bars Removing economic restrictions All of the above 11 / 21 There have been monumental efforts in changing the post-indepen-dence policies specially in 1991. These efforts are Commonly referred to as : LPG SEC RRB None of the above 12 / 21 Which one of the following is regarded as Socialist and Communist State? China North Korea Erstwhile Soviet Union All of the above 13 / 21 ERICS Stands for _________. Brazil, Russia, India, China and South Africa Britain, Russia, India, China and Sweden Brazil, Russia, India, Columbia, and South America Britain, Russia, India, Columbia and Sweden. 14 / 21 Which of the following is not a part of European Nations? Germany Denmark Japan Sweden 15 / 21 Gradual decrease in Government command and control over the economic policies: Globalization Privatization Liberalization None of the above. 16 / 21 Globalization means: Taking off restrictions in export and import of goods and services. Gradual decrease in Government command and control over economic policies. Transfer of Government owner-ship to private lands. None of these. 17 / 21 LPG stands for: Liberalization Privatization Globalization All of these 18 / 21 Simplification of trade restrictions related to import is an example of: Globalization Privatization Disinvestment Aggregation 19 / 21 The measures of lifting the trade barriers are covered in: Liberalization Privatization Globalization All of the above 20 / 21 Which one of the following coun¬tries is included in BRICS nations? Sweden South Africa South Korea Singapore 21 / 21 In which country, you do not have to pay a single penny to enter the National Art Gallery? England India Both India and England You have to pay in both countries Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 12, 2023 By admin Ch 4 Government Policies for Business Growth Quiz 2 1 / 21 Who has propounded model on political-policy relationship known as Black Box Model? Gabriel Philips Gabriel Almond David Easton Kautilya 2 / 21 _________ outlined political system as a set of interactions having structures, each of which per-forms its functions in order to keep it like a going Concern. Gabriel Philips Gabriel Almond David Easton Kautilya 3 / 21 A _________ emanates from decision and decision is taken in line with _________ identify the right expression to fill in the blanks. Policy, Goal Plan, Budget Goal, Plan Budget, Plan 4 / 21 _________ are those which are carried on by a political system in response to demands or Stresses placed upon the system in the form of inputs. Economic System Input activities Output activities Political System 5 / 21 The generic functional categories of inputs of political system include: Political Socialization & recruit-ment Interest Aggregation & articula-tion Political Communication All of the above. 6 / 21 The outputs of political system generally take the form of: Governmental Policies Programs Decisions All of these 7 / 21 _________ has classified the inputs of political system into generic functional categories. Gabriel Almond Gabriel Solomon Richard David David Easton 8 / 21 _________, given by David Easton, identifies that there are many Societal demands which one not in-cluded in the decisions and policies designed by the State. Black Box Model Politics Box Model Policy Box Model White Box Model 9 / 21 In Delhi Metro, the first compartment in the moving direction is re-served for ladies. This policy of keeping reservation emanates from: Socio perspective Welfare perspective Cultural perspective Socio-cultural prospective 10 / 21 In any economy, the public policy is guided by _________ factors. Social and cultural Religious Political All of these 11 / 21 Identify the one which may be considered as a public policy: A decision by a Central Govern-ment to purchase a fleet of cars An old building to be demolished by a municipal corporation All citizens are to be provided with biometric aadhaar card Government passes a special resolution to change the name of a park 12 / 21 An _________ rules looks for policies which dominate over public freedom. Autocratic Democratic Free Rein Royal 13 / 21 In the Context of political, the democracy frames: Stringent Policies No Policies Liberal Policies Complex Policies 14 / 21 India is a pluralistic Society. Therefore, there are many opinions. We have legal system. No Simple Complex Tyranny 15 / 21 In USA, who fought for the rights of black people? Martin Luther Abraham Lincoln James Madison Benjamin Franklin 16 / 21 According to _________, “Public policy is not a decision; it is a course or pattern of activity”. Thomas R. Dye Richard Rose Carl J. Friedrich Martin Luther 17 / 21 Public Policies are always Goal oriented Minutely defined Pro-rich For the poor 18 / 21 The Statement “Public policy is whatever Government chooses to do or not to do” is given by: Thomas R. Dye Richard Rose Carl J. Friedrich Martin Luther 19 / 21 Public policy is a proposed course of action of a person, group or Gov-ernment within a given environment providing opportunities and obstacles which the policy was proposed to utilize and overcome in an effort to reach a goal to realizing objective or purpose. This is the opinion of _________. Carl J. Friedrich Thomas R. Dye Richard Bose Swami Vivekananda 20 / 21 In India, the public policies are implemented in the form of : Law & ordinances Court decisions Executive orders Any of these 21 / 21 The Public Policy depicts the con¬cern of the Government and involved its action to a particular problem an which the policy is made. Therefore, public Policy is: Aggressive Positive Negative Autocratic Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 12, 2023 By admin Ch 4 Government Policies for Business Growth Quiz 3 1 / 22 Consider the following :I. Problem IdentificationII. Policy evaluationIII. Policy AdoptionIV. Policy ImplementationV. Policy FormulationThe Public Policy Process may be represented by: I, II, III, IV & V I, V, III, IV & II I, III, V, IV & II I, III, V, II & IV 2 / 22 Public Policy Process is _________ in nature. Static Continuous Unilateral Autocratic 3 / 22 A policy decision making can result in a _________. Monetary action Social action Charitable action None of these 4 / 22 The bill is notified as an Act, after the _________ gives assent. President Parliament Prime Minister Vice President 5 / 22 The process of law making in India may be broadly divided into _________ Stages. Two Three Four Five 6 / 22 The Rajya Sabha is also Called as: House of the People House of the States Council of the States None of these 7 / 22 The Lok Sabha of Indian Parliament is also called as: House of the People House of the States Council of the States None of these 8 / 22 The law making bodies at the State level are _________. Lok Sabha Rajya Sabha’ Both Lok Sabha & Rajya Sabha Legislative Assemblies & Councils 9 / 22 In India, which one of the folio wins is lawmaking body at Central level? Indian Parliament Legislative Assemblies Council at State level Group of Ministers 10 / 22 The bill is introduced in the Parliament : Before the vetting of draft bill by, the Law Ministry. After approval of bill by the Cabinet Before approval of bill of the Cabinet After the assent by the President 11 / 22 Once the bill is passed by both the Houses, a copy of the bill is _________. Sent to legislative department of Ministry of Law and Justice for scrutiny Sent to the President for Comment Sent to the President for assent Notified to the public as an Act. 12 / 22 Which one of the following is not a part of first phase of process of law making in India? Identification of need for a new law Drafting of Proposed law Seeking inputs from ministries Approval of bill by Standing Committee. 13 / 22 The formation of National Skills Development Corporation is example of _________ policy. Restrictive Regulatory Facilitating Liberal 14 / 22 The Conducive policies towards the development of Micro-Small- Medium Enterprises are an example of _________ policy. Restrictive Regulatory Liberal Facilitating 15 / 22 In order to protect Indian pro-ducts, the Government has imposed Custom Duties. The nature of this public policy is: Restrictive Regulatory Facilitating Liberal 16 / 22 SEBI, RBI and IRDA are: Regulatory Institutions Policy institutions Satellite Institutions Goal setting bodies 17 / 22 Which of the following is type of Public Policies. Facilitative Policv Regulatory Policy Restrictive Policy All of these 18 / 22 NITI Aayog replaced: Planning Commission Election Commission MRTP Commission Financial Commission 19 / 22 After independence, India followed a: Socialistic Path of Development Commonwealth Model of Growth Mixed Economic Path Capitalistic Model of Development 20 / 22 After independence, Planning Commission (now NITI Aayog) was established to make economic plans for a period of _________ years. Three Four Five Seven 21 / 22 During the time of independence of India, two major political thoughts were reining the world. These were : Capitalist Model (Followed by USA) Communistic Model ( Followed by Soviet Union) Both (a) & (b) None of the above. 22 / 22 Which one of the following is the example of Regulatory Practices? Customs duties RBI MSME NSDC Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 12, 2023 By admin Ch 4 Government Policies for Business Growth Quiz 4 1 / 21 When India became independent, the problems prevailing were _________. Socio – economic transformation National Integrity External Environment All of the above 2 / 21 The Constitution of the nation outlines the nature of policies to be taken for the growth and development of the nation. This Constitution was framed and accepted in _________. 1947 1948 1950 1951 3 / 21 Which one of the following western European nations have followed a Capitalistic model? Great Britain France and Spain Portugal and Germany All of the above. 4 / 21 Many of the Eastern European nations signed “Warsaw Pact” and followed the _________ pattern of economy. Communistic Capitalistic Regional Mixed 5 / 21 Which of the following institutions has been scrapped recently? Minerals and Metals Regulatory Commission Coal India Limited Planning Commission FIPB 6 / 21 OCI refers to _________. Overseas citizens of India Overseas Corporate Investors Other Corporate Investors None of these 7 / 21 In any economy, the foreign Direct Investment: Is meant for setting up of business. Brings forex investment Enhances employment opportunities All of the above. 8 / 21 Who invests the foreign currency in India to get better returns, other than Foreign Direct Investments? Non-Resident Indians Overseas citizens of India Both (a) & (b) None of the these 9 / 21 What was the reason behind India’s journey towards liberalization? Fall of Warsaw Pact nations Formation of European Union Pressure of heady development loans from agencies like IMF, World Bank and ADB All of the above. 10 / 21 Immediately after independence, the new Government of India inden- tified a thoroughly close knit relation and interaction between the important Government agencies. These agencies were : Political Executive Legislature Bureaucracy & judiciary All of the above. 11 / 21 Which one of the following measures was taken towards liberalizing foreign investment? Automatic permission for technology agreements in high prio-rity industries. Removal of restrictions on FDI in low technology areas. Liberalization of technology imports. All of the above. 12 / 21 The _________ Companies in India are examples of FDI presence in India during the past liberalization days. Samsung, Sony and HP Samsung, Sony and HP General Motors, Hyundai, Honda, Toyota, Volkswagen & Volvo All of the above. 13 / 21 FEMA replaced FERA in _________. 2004 2000 1991 1999 14 / 21 OCBs mean: Overseas Corporate Bodies Ordnance Commission Bilateral Secretariat Oversees Civic Boards Oversees Commercial Bilateral Treaties 15 / 21 As a part of series of measures taken towards liberalizing foreign investment, permission was grouted to _________ to invest up to 100 percent capital in priorities sectors. Non-Resident Indians Overseas Corporate Bodies Both (a) & (b) 100 percent Capital is never allowed. 16 / 21 Upto 1991, The Government of India took huge loans from the source: Asian Development Bank World Bank IMF All of the above 17 / 21 What was the reason behind re-forms by the Government in 1991? Dysfunctions in Economy. Poor efficiency and low productivity in public sector undertakings Strong trade – Unionism which has crippled the growth of private sector All of these 18 / 21 Industrial policy was reformed first through the Industrial Policy in _________, which opened up the foreign Capital inflow. 1949 1951 1991 2015 19 / 21 _________ as a policy helped India in integrating the coun-try’s economy with the world economy. Globalization Privatization Social Regionalism None of these. 20 / 21 In order to give protection to foreign investments, the Government has signed the convention of _________. Multilateral Investment Agree-ment. Multilateral Investment Rule. Multilateral Inflow Guarantee Agency. Multilateral Investment Guaran-tee Agency. 21 / 21 In 1992, some of the Public Sec-tor Enterprises were first corporatized and process was started to sold a large chunk of shares to public. This process may be regarded as : Merger Disinvestment Globalization Sell-off Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 12, 2023 By admin Ch 4 Government Policies for Business Growth Quiz 5 1 / 21 Which one of the following Statement is Correct? Decisions are not based on Policy. All decisions can be categorized as the matters of policy. All the decisions that are taken cannot be categorized as matter of policy. There is no relation between decision and policy. 2 / 21 _________ emanates from decision and _________ is taken in line with _________. Policy, decision and goal Goal, Policy and Rules Rules, Policy and goal Rules, goal and Policy 3 / 21 In 1992, the Government of India took revolutionary steps to open up the economy. Which one of the following is part of such steps? Massive Change in economic policy Priority given to Public Sector Loss making Public Sector Enterprises were closed or divested All of these. 4 / 21 In the mid – 1980s, the Soviet Union got broken and _________ independent States were formed. 7 11 15 21 5 / 21 _________ are concerned with regulation of national and foreign trade, business, safety measures, public utilities, etc. Regulatory Rules Regulatory Policies Regulatory Act Distribute Policies 6 / 21 Which one of the following is the example of distributive policies of the Government? Adult Education Programme Food Relief Social insurance & immunization camps All of these 7 / 21 The Union Government through different Ministries and various Regulatory Institutions may issue _________. Codes Guidelines Statutes Any of these. 8 / 21 There are many policies of the Government having vast areas of op-eration affecting the general welfare and development of the society as a whole. These policies have been for-mulated keeping in view the: Prime Character of the Indian Constitution Socio-economic problems Level of moral values of the so-ciety All of these 9 / 21 A decision is the _________ of making a _________. Act, Choice Impact, Policy Effect, decision Rule, decision. 10 / 21 _________ can be in the area of public distribution to people below poverty line, public welfare, justice for women, health services, etc. Regulatory Policies Distributive Policies Distributive Decisions Distributive Decisions 11 / 21 What was the main objective of privatization in India? To Raise revenues to ease the fiscal crunch To improve the profitability and efficiency of the divested enter-prises Both (a) & (b) None of these 12 / 21 In case of NOCIL (National Or-ganic Chemicals Industries Limited), the Reliance Industries Limited as a private enterprise expanded and gradually displaced the Government entity. It was a case of: Partial Disinvestment Delegation Complete Privatization Displacement 13 / 21 Government holds responsibility and private sector handles fully and partly the delivery of product and services. Delegation Divestment Displacement Disinvestment 14 / 21 Which one of the following is not a regulatory institution? RBI Ministry of Commerce SEBI IRDA 15 / 21 The Selling of a portion of owner¬ship (Stake) in a public enterprise to private parties is regarded as: Delegation Divestment Displacement Disinvestment 16 / 21 As a type of privatization, the delegation may happen through: Contract Franchise Grant Any of these 17 / 21 In India, the Privatization helps in a big way to enhance market potencies by enhancing: Efficiency Quality Competitiveness All of these 18 / 21 Sale of 50% stake in a PSU to a single private sector company is an example of: Displacement of stake Decentralization of Authority Delegation of stake Disinvestment to form a Joint Venture 19 / 21 Which of the following is not a type of Privatization? Delegation Displacement Disinvestment De-merger. 20 / 21 In case of Maruti-Suzuki, the Union Government surrendered partial ownership and sold the majority stake to Suzuki of Japan in course of time. This is a case of: Displacement Partial Disinvestment Delegation Divestment 21 / 21 The Government monopoly through BSNL and MTNL has been taken away by the private sector plays like Airtel, Reliance Jio, Vodafone, etc. This type of privatization may be regarded as _________. Displacement De-Centralization Delegation Ownership pattern policy Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on October 12, 2023 By admin Ch 4 Government Policies for Business Growth Quiz 6 1 / 23 The method of FDI other than Automatic route is called: NRI Route Government Route Institutional Route Priority Route 2 / 23 FDI in sectors/activities which do not require any prior approval either of the Government or the Reserve Bank of India is identified as: Green Channel Priority route Non-Commercial Route Automatic Route 3 / 23 _________ facilitates privatization if it enables private sector to challenge a Government monopoly. Displacement De-regulation Dis-investment Privatization 4 / 23 In which of the following sectors, the FDI is prohibited? Atomic Energy Nidhi Company Lottery Business All of these 5 / 23 Where there is no approval through Automatic Route, the company Concerned has to seek permission from _________. FIPB FPIB BIPF Ministry of Foreign Trade 6 / 23 Permission for FDI is _________. Uniform for all sectors Not Uniform for all sectors Prohibited in all sectors Not allowed in India 7 / 23 _________ may be described as a flow of capital investment to an enter-prise in a nation by another enterprise located in a different nation by capturing a majority stake in ownership in a company in the target country. Foreign Direct Investment. Foreign Direct Inflow Globalization Foreign Intuitional Investors. 8 / 23 In the post liberalization and privatization period, India was Con-sidered a lucrative place of FDI inflow because of its : Huge domestic market Huge employment opportunity Low profile in Global economy None of these 9 / 23 Identify the sector where, FDI is not permitted: Automobile Infrastructure Textile Animal Husbandry 10 / 23 In which of the following sector, FDI is not prohibited? Development of Townships Construction of residential’ com-mercial premises construction of roads & bridges Trade in TDR 11 / 23 TDR stands for Transferable Development Rights Technical Device Rights Technological Development Rays None of these 12 / 23 India generally receives FDI from: US Britain Singapore & Japan All of the above 13 / 23 FIPB stands for: Foreign Institutional Promotion Board Foreign Institutional Preparatory Board Foreign Investment Priority Board Foreign Investment Promotion Board 14 / 23 Who cannot be a Foreign Direct Investor? Governments or Government Agencies Estates, Trusts, or Other Organi-zations Unincorporated Private or Public Enterprises None of the above 15 / 23 Hyundai India Limited came to India through the FDI route. It followed the path of: Divestment in Public Sector Unit Joint Venture By creating a 100% Indian sub-sidiary Replacement of a Government sector business. 16 / 23 100% FDI investment allowed in which year? 2010 2012 2014 2004 17 / 23 Which of the following is correct? Government looks for FITs over FDI’s for investment purposes There is no restriction in any sector for FDI There is limitation on some sectors for FDI All of these. 18 / 23 FDI is allowed in: Tea Plantation Coconut Plantation Sugarcane Plantation None of the above 19 / 23 Which of the following statement is correct about Fils? They have strong research team. They Speculate to invest in a Country. They invest where there is a possibility of strong return in equity market All of these. 20 / 23 Foreign Intuitional Investors are registered abroad with a view to investing in other nations to invest in: Equity Markets Hedge & Pension Funds Mutual Funds All of these 21 / 23 Foreign Intuitional Investors are: Large Foreign groups Having substantial investible funds Both (a) & (b) None of these 22 / 23 Blackrock invested 30 million USDs as a portfolio investor in Indian stock market. This may be a case of: FDI FII investment Indirect investment NRI investment 23 / 23 FDI may be allowed through _________. Automatic Route Government Route Any of (a) & (b) None of these Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz
