Here we have discussed important mcq questions for CBSE class 11 Business Studies (BST). These 1 mark mcq questions are important for the CBSE class 11 term 1 business studies exam 2021. We have discussed important bst mcq for CBSE class 11 on the chapter 6 Social Responsibilities of Business and Business Ethics as per the NCERT books. We have also provided solved answers to the bst mcq questions for class 11. Students can also download the mcq questions for class 11 Business Studies PDF with answers on the chapter 6 Social Responsibilities of Business and Business Ethics that may help them as mcq suggestions for their CBSE class 11 bst term 1 exam 2021.
MCQ Question for class 11 Business Studies (BST) chapter 6
Now go through the 1 mark mcq questions for CBSE class 11 Business Studies (BST). These questions on chapter 6 (Social Responsibilities of Business and Business Ethics) are picked as per the NCERT books. The mcq question suggestion for class 11 bst will be helpful for your CBSE term 1 exam in 2021.
Get chapter wise mcq questions on class 11 Business Studies (CBSE) : Click here .
1. Which of the following is not a social undesirable practice?
(a) selling adulterated goods
(b) deceptive advertising
(c) exploiting workers
(d) paying direct taxes in due time
2. The assumption of social responsibilities by business enterprises implies-
(a) they respect aspiration of the society
(b) satisfy their profit interest
(c) fulfil social aspirations along with profitability
(d) both a and c
3. Social responsibility is-
(a) as important as legal responsibility
(b) broader than legal responsibility
(c) narrower than legal responsibility
(d) both a and b
4. Social responsibility involves ______ action on the part of business people for the benefit of society.
(a) compulsory
(b) voluntary
(c) intangible
(d) optional
5. CSR is governed by which clause of Companies Act, 2013?
(a) clause 135
(b) clause 351
(c) clause 153
(d) clause 531
6. The criteria for mandatory CSR spending:
(a) Annual turnover of ₹1000 crore or more
(b) Net worth of ₹500 crore or more
(c) Net profit of ₹5 crore or more
(d) Net operating profit of ₹5 crore or more
(i) a, b and d are correct
(ii) b, c and d are correct
(iii) d is incorrect
(iv) both i and iii
7. The CSR committee of a company must have:
(a) at least one independent director
(b) at least one social activist
(c) at least one member of the labour union
(d) at least one woman
8. On CSR activities, a company must expend:
(a) 2% of last three years' total net profit
(b) 3% of last two years' average net worth
(c) 2% of last three years' average net profit
(d) 3% of last two years' total net profit
9. Argument(s) against Social Responsibility may be
(a) Burden on consumers
(b) Lack of social skills
(c) Lack of broad public support
(d) all of these
10. Producing goods and services that the society wants and make profit out of them - it's an example of
(a) economic responsibility
(b) ethical responsibility
(c) consumer oriented responsibility
(d) discretionary responsibility
11. Charitable contribution to an educational institution is an example of
(a) ethical responsibility
(b) community responsibility
(c) discretionary responsibility
(d) governmental responsibility
12. Fair wage is a responsibility towards
(a) owners
(b) workers
(c) community
(d) both b and c
13. ESG stands for
(a) Environmental, Social and Governance
(b) Ethical, Social and Governance
(c) Environmental, Social and Government
(d) Environmental, Social and Governmental
14. The word 'ethics' originated from
(a) Greek work
(b) Latin work
(c) French word
(d) Sanskrit word
15. Ethics derived from which word?
(a) Ethiks
(b) Ethikos
(c) Ethos
(d) Ethicks
16. The word 'ethics' means
(a) character
(b) honesty
(c) customs
(d) fair
17. "Ethics deals with the right actions of individuals." - Who asserted this?
(a) Peter Drucker
(b) Henri Fayol
(c) Kith
(d) O'Donell
18. The ethical dilemma of choosing between the two rights implies
(a) choosing between the lesser of two evils
(b) deciding which is the best for the employees
(c) deciding which is the best for society
(d) deciding which is the best for profitability
19. What is 'Code'?
(a) principles of conduct
(b) a written document relating to ideal conduct
(c) it deals with fundamental honesty
(d) all of the above
20. The positives of pollution control includes
(a) reduction in health hazard
(b) cost increase
(c) cost savings
(d) both a and c
The answers of the suggested important mcq questions of CBSE class 11 business studies are provided below:
1. d
2. d
3. b
4. b
5. a
6. iv
7. a
8. c
9. d
10. a
11. c
12. a
13. a
14. a
15. b (the word ethics originated from the Greek word 'ethikos' and the word 'ethikos' derived from another Greek word 'ethos'.)
16. a
17. a
18. a
19. d
20. d
(a) selling adulterated goods
(b) deceptive advertising
(c) exploiting workers
(d) paying direct taxes in due time
2. The assumption of social responsibilities by business enterprises implies-
(a) they respect aspiration of the society
(b) satisfy their profit interest
(c) fulfil social aspirations along with profitability
(d) both a and c
3. Social responsibility is-
(a) as important as legal responsibility
(b) broader than legal responsibility
(c) narrower than legal responsibility
(d) both a and b
4. Social responsibility involves ______ action on the part of business people for the benefit of society.
(a) compulsory
(b) voluntary
(c) intangible
(d) optional
5. CSR is governed by which clause of Companies Act, 2013?
(a) clause 135
(b) clause 351
(c) clause 153
(d) clause 531
6. The criteria for mandatory CSR spending:
(a) Annual turnover of ₹1000 crore or more
(b) Net worth of ₹500 crore or more
(c) Net profit of ₹5 crore or more
(d) Net operating profit of ₹5 crore or more
(i) a, b and d are correct
(ii) b, c and d are correct
(iii) d is incorrect
(iv) both i and iii
7. The CSR committee of a company must have:
(a) at least one independent director
(b) at least one social activist
(c) at least one member of the labour union
(d) at least one woman
8. On CSR activities, a company must expend:
(a) 2% of last three years' total net profit
(b) 3% of last two years' average net worth
(c) 2% of last three years' average net profit
(d) 3% of last two years' total net profit
9. Argument(s) against Social Responsibility may be
(a) Burden on consumers
(b) Lack of social skills
(c) Lack of broad public support
(d) all of these
10. Producing goods and services that the society wants and make profit out of them - it's an example of
(a) economic responsibility
(b) ethical responsibility
(c) consumer oriented responsibility
(d) discretionary responsibility
11. Charitable contribution to an educational institution is an example of
(a) ethical responsibility
(b) community responsibility
(c) discretionary responsibility
(d) governmental responsibility
12. Fair wage is a responsibility towards
(a) owners
(b) workers
(c) community
(d) both b and c
13. ESG stands for
(a) Environmental, Social and Governance
(b) Ethical, Social and Governance
(c) Environmental, Social and Government
(d) Environmental, Social and Governmental
14. The word 'ethics' originated from
(a) Greek work
(b) Latin work
(c) French word
(d) Sanskrit word
15. Ethics derived from which word?
(a) Ethiks
(b) Ethikos
(c) Ethos
(d) Ethicks
16. The word 'ethics' means
(a) character
(b) honesty
(c) customs
(d) fair
17. "Ethics deals with the right actions of individuals." - Who asserted this?
(a) Peter Drucker
(b) Henri Fayol
(c) Kith
(d) O'Donell
18. The ethical dilemma of choosing between the two rights implies
(a) choosing between the lesser of two evils
(b) deciding which is the best for the employees
(c) deciding which is the best for society
(d) deciding which is the best for profitability
19. What is 'Code'?
(a) principles of conduct
(b) a written document relating to ideal conduct
(c) it deals with fundamental honesty
(d) all of the above
20. The positives of pollution control includes
(a) reduction in health hazard
(b) cost increase
(c) cost savings
(d) both a and c
MCQ Questions for CBSE class 11 Business Studies (BST) with answers
The answers of the suggested important mcq questions of CBSE class 11 business studies are provided below:
1. d
2. d
3. b
4. b
5. a
6. iv
7. a
8. c
9. d
10. a
11. c
12. a
13. a
14. a
15. b (the word ethics originated from the Greek word 'ethikos' and the word 'ethikos' derived from another Greek word 'ethos'.)
16. a
17. a
18. a
19. d
20. d
0 Comments
Express your thoughts...