F.Y.B.Com Foundation
Course

 

1. The transfer of control of ownership from
the public sector to the private sector is called as __________.

a. Liberalisation

b. Privatisation

c. Globalisation

d. Industrialisation

ANS: B

 

2. The term __________ refers to the
integration of the economy of the nation with the world economy; it is a
multifaceted aspect.

a. Liberalisation

b. Privatisation

c. Globalisation

d. Disinvestment

ANS: C

 

 

3. The New Economic Policy was announced on
24th July 1991 by the then Finance Minister of India ________________.

a. P. Chidambaram

b. Manmohan Singh

c. Arun Jaitley

d. Pranab Mukherjee

ANS: B

 

 

4. The main reason behind MNCs investments is
______________.

a. to provide employment

b. to provide financial support to the country’s government

c. for the welfare of underprivileged people

d. to increase the assets and earn profits

ANS: D

 

5. _______________ is the Largest IT company in
India in terms of Revenue.

a. Tata Consultancy Service

b. Infosys

c. Wipro

d. HCL Technologies

ANS: A

 

6. ______________ is NOT an advantage of ICT
sector growth in India.

a. Better communication

b. Cost effectiveness

c. 24 x 7 operations

d. Cyber crime

ANS: D

 

7. ________ is a set of satellite and control
system that determine its location anywhere on the Earth, 24 hours a day.

a. GIS

b. WWW

c. GPS

d. Gmail

ANS: C

 

8. The internet has made the whole world a
_______________.

a. Global Company

b. International Company

c. International Company

d. Global Village

ANS: D

 

9. Human ___________ involves the movement of
people from one place to another with intentions of settling, permanently or
temporarily, at a new location (geographic region).

a. Development

b. Psychology

c. Migration

d. Rights

ANS: C

 

10. When people migrate due to drought, flood,
war, famine and other adverse conditions it is known as _______________.

a. Forced migration

b. Impelled migration

c. Long-term migration

d. Short-term migration

ANS: A

 

11. After 1991, the employment in the public sector
has ____________.

a. Increased

b. Decreased

c. Not changed

d. Become zero

ANS: B

 

12. ___________ is NOT an impact of migration
on Countries of origin.

a. Improvement in the lifestyle

b. Increasing consumerism

c. Brain gain

d. Decrease in population pressure

ANS: C

 

13. The majority of Indian population is
engaged in the ______________ sector.

a. Agriculture

b. Industry

c. Service

d. Healthcare

ANS: A

 

14. The ____________ revolution was responsible
for substantial increase in food grain production in India.

a. White

b. Blue

c. Green

d. Yellow

ANS: C

 

15. ____________ is NOT true as per the WTO’s
Agreement on Agriculture.

a. Tariff reduction

b. Increase in market access

c. Reduction in export subsidies

d. Increase in domestic subsidies

ANS: D

 

16. ____________ is NOT a cause of farmers’
suicide in Maharashtra.

a. Crop failure

b. Increasing cost of production

c. Debt trap

d. Remunerative prices of crops

ANS: D

 

17. Human Rights have ___________ application.

a. Social

b. Universal

c. Economical

d. Political

ANS: B

 

18. The General Assembly adopted the UDHR on
___________, at Paris.

a. 10th December, 1948

b. 12th December, 1948

c. 10th December, 1950

d. 12th December, 1950

ANS: A

 

19. The Right to Freedom is enumerated in the Article
__________ of Indian Constitution.

a. 17

b. 18

c. 19

d. 16

ANS: C

 

20. Human Rights are derived from the principle
of ___________ law.

a. Government

b. Natural

c. Judicial

d. Human

ANS: B

 

21. According to _______________, “Human rights
are those conditions of social life without which no man can seek in general to
be himself at his best.”

a. United Nations

b. Dr. Babasaheb Ambedkar

c. Prof. Harold Laski

d. Cultural dictionary

ANS: C

 

22. The Constitution of India provides
____________ fundamental rights to citizens.

a. Five

b. Six

c. Seven

d. Eight

ANS: B

 

23. The __________________ guaranteed civil and
legal rights to the English barons in 1215.

a. Magna Carta

b. Petition of Rights

c. Social Contract

d. General Will

ANS: A

 

24. The objective or Right to Freedom of
Religion is to sustain the principle of ____________ in India.

a. Communalism

b. Regionalism

c. Secularism

d. Casteism

ANS: C

 

25. The ____________ of the Constitution of
India provides for equality before the law or equal protection of the laws
within the territory of India.

a. Article 14

b. Article 16

c. Article 18

d. Article 23

ANS: A

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