Industrial Ethics MCQs

By: Prof. Dr. Fazal Rehman | Last updated: May 29, 2025

1. : The profession where advanced training and experience is not compulsory is __________
(A) Doctors
(B) Accountants
(C) Film stars
(D) Lawyers

2. : The first stage in making a decision is _______
(A) Observe
(B) Act
(C) Orient
(D) Decide

3. : The second stage in making a decision is __________
(A) Observe
(B) Act
(C) Orient
(D) Decide

4. : What are intellectual properties?
(A) Tangible properties
(B) Intangible properties
(C) Both
(D) None of these

5. : Common ethical issues for IT users are _________
(A) Software piracy
(B) Proper utilization of computing resources
(C) No sharing of information
(D) All of the above

6. : Term loans are secured with how much tenure?
(A) 1-5 years
(B) 1-10 years
(C) 1-20 years
(D) 1-15 years

7. : There are _______ schemes under the Pradhan Mantri MUDRA Yojana
(A) 4
(B) 6
(C) 3
(D) 2

8. : NIPP stands for _______
(A) NASSCOM Industry Partnership Program
(B) National Infrastructure Protection Plan
(C) NASSCOM Industry Potential Plan
(D) National Integrated Power Project

9. : Assistance is provided by Equity Assistance and Growth Capital to __________
(A) Large businesses
(B) Existing Small and Medium Businesses
(C) Only women Entrepreneurs
(D) None of the above

10. : With which of the following does Business ethics deal?
(A) Social responsibility
(B) The pricing of products and services
(C) Moral obligation
(D) Being unfair to the competition

11. : Advantages for buying your own software EXCEPT which one of the following?
(A) Having instruction manuals or documentation
(B) Getting expert help from the software company
(C) Giving free copies to your friends
(D) Having the personal satisfaction

12. : What should be a problem statement?
(A) A clear and concise description of the issue
(B) Infeasible to everyone
(C) Lengthy
(D) All of the above

13. : Company Description should deliver many aspects of business except which among the following?
(A) Company name
(B) Products and services
(C) Feasibility analysis
(D) Location

14. : An internal factor which influences the entrepreneurs is __________
(A) Technological Capacity
(B) Social environment
(C) Political environment
(D) Economic condition

15. : What is included in a business plan?
(A) Detailed description of a product
(B) Surveys
(C) Raw materials
(D) Location

16. : What is the maximum assistance in SIDBI Revolving Fund for the Technology Innovation?
(A) 10 crores per project
(B) 1 crore per project
(C) 20 crores per project
(D) 5 crores per project

17. : CSR stands for _________
(A) Corporate social responsibility
(B) Corporate sequence responsibility
(C) Collection of responsibility
(D) None of these

18. : How much interest rate means the Term Loan?
(A) 10% and 20%
(B) 10% and 30%
(C) 10% and 40%
(D) 10% and 15%

19. : Types of intellectual properties are ________
(A) Patent
(B) Trademark
(C) All of the above
(D) None of these

20. : Moral Relativism means the value determined by _________
(A) The society
(B) The family
(C) Any organization
(D) None of these