Explore topic-wise MCQs in Testing Subject.

This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.

1.

Which of the following principal wage and salary issues and problems concerns the question of whether the entire pay structure is high, average or low in comparison with the general external labour market?

A. Pay structure
B. Pay level
C. Pay control
D. Payment method
E. Individual pay determination
Answer» C. Pay control
Discussion
2.

Affirmative ratio affects which staffing and appraisal subsets.

A. Recuitment
B. Selection
C. Placement
D. Appraisal
E. All of the above
Answer» E. All of the above
Discussion
3.

Which of the following is a public sector undertaking?

A. DCM Ltd.
B. Larsen & Toubro Ltd
C. Instrumentation Ltd.
D. JK Synthetics Ltd.
E. Rs. 17,50,500
Answer» D. JK Synthetics Ltd.
Discussion
4.

Speculation arises because of

A. Monopolistic competition
B. Stock market
C. Share market
D. Uncertainty of the future
E. All of the above
Answer» E. All of the above
Discussion
5.

Essential attribute to wealth is

A. utility
B. scarcity
C. transferability
D. all of the above
E. Rs. 17,50,500
Answer» E. Rs. 17,50,500
Discussion
6.

Principal wage and salary issues are all concerned with

A. Filling open positions with the most qualified personnal available
B. Creating an equitable pay system
C. Getting the most labour for the industry's expenditures
D. All of the above
E. None of the above
Answer» C. Getting the most labour for the industry's expenditures
Discussion
7.

If two commodities are jointly demanded they are

A. Inferior goods
B. Compliments
C. Necessities
D. Substitutes
E. Multiple goods
Answer» C. Necessities
Discussion
8.

The performance of a company can be judged by its

A. Share capital
B. total production
C. number of employees
D. profits
E. Rs. 17,50,500
Answer» E. Rs. 17,50,500
Discussion
9.

People will tend to demand money if they think

A. The rate of interest will fall
B. The price of goods will fall
C. The price of goods will rise
D. The price of bonds will fall
E. All of the above
Answer» D. The price of bonds will fall
Discussion
10.

Promoting people from within an organisation

A. Is more economical than hiring from outside
B. Can result in "inbreeding"
C. Is faster than hiring from outside
D. Provides a system for rewarding deserving employees
E. All of the above
Answer» F.
Discussion
11.

Dispatching involves

A. starting the work
B. making plan correction
C. collection data
D. none of the above
E. All of the above
Answer» B. making plan correction
Discussion
12.

A decrease in the quantity supplied to the market at given prices leads to

A. A higher price and a contraction of demand
B. A lower price and an expansion of demand
C. A higher price and an expansion of demand
D. A lower price and a contraction of demand
E. None of the above
Answer» B. A lower price and an expansion of demand
Discussion
13.

A SIMO (simultaneous motion cycle) chart is

A. Graphic presentation of the separable steps of each pertinent body member of the individual
B. A sketch of the part of a plant connected with a man's work on which lines are drawn indicating path the operator travels in performing the work
C. A chart in which activities of a man are charted
D. Graphic presentation of the separable steps a man performs when doing a task that requires him to move from place to place in the course of his work
E. Reducing inventory costs
Answer» B. A sketch of the part of a plant connected with a man's work on which lines are drawn indicating path the operator travels in performing the work
Discussion
14.

EXIM bank was established

A. to ensure quality goods
B. to promote exports
C. to finance small scale entrepreneurs
D. to finance sick industries
E. Rs. 17,50,500
Answer» C. to finance small scale entrepreneurs
Discussion
15.

An action probably engaged in by energetic manager is

A. Controlling
B. Organizing
C. Decision making
D. Directing
E. None of the above
Answer» D. Directing
Discussion
16.

Pay level relates company wages to

A. Labour costs
B. Pay criteria
C. External labour market conditions
D. Minimum wage act
E. None of the above
Answer» D. Minimum wage act
Discussion
17.

PERT has the following time estimates

A. No time estimates
B. One time estimate
C. Two time estimates
D. Three time estimates
E. None of the above
Answer» E. None of the above
Discussion
18.

Consumer goods' means

A. All commodities for which there is a high demand by all types of consumers
B. All goods other than free goods whose uses directly satisfies consumer wants
C. All goods other than free goods used by consumers in order to earn their living
D. All the factories and mines used by the community to satisfy their wants
E. All tangible goods produced for consumption in a free economic system
Answer» B. All goods other than free goods whose uses directly satisfies consumer wants
Discussion
19.

Wheniver a country devalues its currency, it generally stands to gain as a result of

A. increased imports at lower prices
B. increased exports
C. fall in domestic prices
D. increased domestic production
E. Rs. 17,50,500
Answer» C. fall in domestic prices
Discussion
20.

Finance for small scale industries is not provided by

A. State financial corporations
B. State Bank of India
C. Traveller's cheque
D. Punjab National Bank
E. Rs. 17,50,500
Answer» D. Punjab National Bank
Discussion
21.

The symptoms of sickness of an industry are

A. failure to pay statutory liabilities
B. failure to pay timely instalment of principal and interest on loan
C. low capacity utilisations
D. All of the above
E. Rs. 17,50,500
Answer» E. Rs. 17,50,500
Discussion
22.

Which one is very sensitive to changes in iterest rate

A. Supply of notes and coins
B. Supply of bank money
C. Speculative demand for money
D. Transactions demand for money
E. None of the above
Answer» D. Transactions demand for money
Discussion
23.

.An economy that does not permit product movements across its boundaries is known as

A. collective economy
B. closed economy
C. micro economy
D. macro economy
E. Rs. 17,50,500
Answer» C. micro economy
Discussion
24.

A rupee received in one year is not equivalent to a rupee received today, because the use of money has a value. This is the principal under

A. Pay back method
B. Average return on investment method
C. Present value method
D. Discounted cash flow method
E. Cost accounting method
Answer» D. Discounted cash flow method
Discussion
25.

F.W. Taylor introduced a system of working known as

A. Line organisation
B. Line and staff organisation
C. Functional organisation
D. Effective organisation
E. None of the above
Answer» D. Effective organisation
Discussion
26.

Which one of the following represents an event

A. Curing of concrete
B. Concrete cured
C. Plastering of the walls
D. Fixing of windows, doors, ventilators
E. Fixing of electrical wiring.
Answer» C. Plastering of the walls
Discussion
27.

The economy of Soviet Union is

A. Capitalist economy
B. Command economy
C. Cooperative economy
D. Market economy
E. Competitive economy
Answer» C. Cooperative economy
Discussion
28.

The average annual birth rate in India per 1000 is

A. 1000
B. 400 to 500
C. 300 to 400
D. 30 to 40
E. 3 to 4
Answer» E. 3 to 4
Discussion
29.

Which act provides for lay off and retrenchment compensation?

A. Minimum Wages Act
B. Workmen's Compensation Act
C. Employees State Insurance Act
D. Employees Provident Fund Act
E. Industrial Disputes Act
Answer» C. Employees State Insurance Act
Discussion
30.

Against which type of account a cheque can be drawn?

A. Share account
B. Current account
C. Time deposit
D. Debenture account
E. All of the above
Answer» C. Time deposit
Discussion
31.

A consultant is usually compensated by way of

A. salary
B. perks
C. dividend
D. fee
E. Rs. 17,50,500
Answer» E. Rs. 17,50,500
Discussion
32.

An increase in demand that leads to an increase in wealth

A. Will induce new firms to begin production
B. Will induce existing firms to produce close substitutes
C. Will induce both new and existing firms to bid resources away from other uses
D. Will increase the value and hence the cost of resources used in producing that good
E. All of the above
Answer» F.
Discussion
33.

The employees Provident Fund act is acceptable to

A. All industries
B. Only small and medium industries
C. Industries which volunteer for the same
D. The industries notified by Government
E. The trade unions notified by Government
Answer» E. The trade unions notified by Government
Discussion
34.

Overtime payment is a

A. perquisite
B. bonus
C. demand
D. incentive
E. Rs. 17,50,500
Answer» E. Rs. 17,50,500
Discussion
35.

Economic development of a country depends more on

A. Natural resources
B. Capital formation
C. Availability of market
D. Entrepreneurs
E. All of the above
Answer» C. Availability of market
Discussion
36.

The economic function of middle-man is

A. To exploit the parties involved in the exchange
B. To ensure that parties to an exchange are made better off
C. To make trade among individuals so that the middle-man realizes a profit
D. Unjustified because the traders them selves could engage in trade and be better off if they did not pay the middle-men
E. All of the above
Answer» F.
Discussion
37.

Reflation is

A. same as deflation
B. a controlled inflation of moderate degree
C. a temporary phase in which there is more production than demand
D. a condition under which production is regulated to be equal to demand
E. Rs. 17,50,500
Answer» C. a temporary phase in which there is more production than demand
Discussion
38.

Fringe benefit refer to

A. Extra remuneration
B. Overtime
C. Non-wages
D. Extra capital earning
E. Bonus system
Answer» D. Extra capital earning
Discussion
39.

Which Trade Union has affiliation to Congress party

A. All India Trade Union Congress
B. The Centre of Indian Trade Union
C. The Indian Nation trade Union Congress
D. The Hind Mazdoor Sabha
E. None of the above
Answer» B. The Centre of Indian Trade Union
Discussion
40.

In India, telephone service comes under which market form

A. Duopoly
B. Bilateral monopoly
C. Monopoly
D. Perfect competition
E. None of the above
Answer» D. Perfect competition
Discussion
41.

According to census the number of males per 1000 females in India is approximately

A. 900
B. 937
C. 960
D. 990
E. 1050
Answer» F.
Discussion
42.

The input-output analysis is often called as

A. Cost benefit analysis
B. Value analysis
C. Analysis on marginal cost
D. Non-pricing analysis
E. Inter-industry analysis
Answer» B. Value analysis
Discussion
43.

Which falls under the category of joint supply

A. Cotton and clothq
B. Coal tar and molasses
C. Rice and husk
D. Coffee and tea
E. Electricity and transistor
Answer» D. Coffee and tea
Discussion
44.

The annual financial statement of the estimated income and expenditure for the ensuring year is known as

A. profit-loss account
B. trading account
C. budget
D. barter
E. Rs. 17,50,500
Answer» D. barter
Discussion
45.

Scheduling gives information as to

A. when work should begin and how much work should be completed during certain period
B. when the work should be completed
C. how the time for completing a work is minimized
D. none of the above
E. None of the above
Answer» B. when the work should be completed
Discussion
46.

A monopolistic firm's average revenue is always

A. Rising
B. Falling
C. Constant
D. Dometimes rising sometimes falling
E. Depends on several variables
Answer» B. Falling
Discussion
47.

All the following debt securities pay the bearer interest except

A. Corporate bonds
B. Treasury bills
C. Debentures
D. Treasury bonds
E. State government bonds
Answer» C. Debentures
Discussion
48.

Placement is

A. Matching
B. Judging
C. Hiring
D. Finding
E. None of the above
Answer» B. Judging
Discussion
49.

Interest is not payable on investment in

A. debentures
B. fixed deposits
C. shares
D. secured loans
E. Rs. 17,50,500
Answer» D. secured loans
Discussion
50.

If more is demanded at the same price or same quantity at a higher price, this fact of demand is known as

A. Extension of demand
B. Increase of demand
C. Contraction of demand
D. Decrease of demand
E. Fluctuation of demand
Answer» C. Contraction of demand
Discussion