Business Environment and International Business MCQ Questions and Solutions with Explanations

91

Which combination of the following factors has driven globalisation in the recent past?
1. Growth of multinational corporations.
2. Internationalisation of finance.
3. Increased international trade.
Select the correct answer using the options given below

A) Both 1 and 2 B) Both 1 and 3 C) Both 2 and 3 D) All of these

Discuss

Answer & Solution

Answer: Option B

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92

Consider the following statements.
Statement (I): WTO is only international organization which deals with the rules of trade between organizations.
Statement (II): The limit of holding by individual foreign institutional investors in a company has been raised from 5 to 10% of company's share while the aggregate limit has been increased from 24 to 34%.

A) Statement (I) is correct but Statement (II) is false B) Statement (II) is correct but Statement (I) is false C) Statements (I) and (II) both are correct D) Statements (I) and (II) both are false

Discuss

Answer & Solution

Answer: Option C

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93

Which one of the following is not covered in the approach adopted by NITI Aayog?

A) Five-year planning approach B) Three-year action agenda C) Seven-year strategy D) Fifteen-year vision

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Answer & Solution

Answer: Option A

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94

The balance of payment of a country on current account is equal to

A) Balance of trade + Short-term capital flows B) Balance of trade + Net invisible exports C) Balance of payment - Capital flows D) Balance of invisible trade + Imports

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Answer & Solution

Answer: Option A

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95

Internal environment of a business includes:
(i) Business ethics and moral standards
(ii) Business and managerial policies
(iii) Prospects of business development
(iv) Government rules and regulations
(v) Industrial relations

A) (i), (ii), (iv) and (v) B) (ii), (iii), (iv) and (v) C) (i), (ii), (iii) and (iv) D) (i), (ii), (iii) and (v)

Discuss

Answer & Solution

Answer: Option D

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96

Which of the following is not an way to implement CSR by organisation?

A) Environmental sustainability B) Energy conservation C) Community involvement D) Ethical marketing process

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Answer & Solution

Answer: Option C

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97

Consider the following statements.
Assertion (A): International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client.
Reason (R): The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.

A) Both (A) and (R) are correct, but (R) is not the correct explanation of (A) B) Both (A) and (R) are correct and (R) is the correct explanation of (A) C) (A) is correct but (R) is incorrect D) Both (A) and (R) are incorrect

Discuss

Answer & Solution

Answer: Option B

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98

Match the following.

List-I (Levels of Integration)	List-II (Features)
a. Customs union	1. It allows for the free mobility of capital and labour across countries
b. Common market	2. Its example is NAFTA
c. Free trade area	3. It occurs when a group of countries agree to eliminate a set of common external tariffs on imports

A) a-3, b-2, c-1 B) a-3, b-1, c-2 C) a-2, b-3, c-1 D) a-1, b-2, c-3

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Answer & Solution

Answer: Option B

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99

Reasons for non-expansion of exports of Less Developed Countries (LDCs) are

A) low tariff B) barriers imposed by the developed countries C) Both A and B D) None of the above

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Answer & Solution

Answer: Option D

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100

Which one of the following correspond to the member and observer countries of the SAARC?
(i) India, Pakistan, Bangladesh, Bhutan, Nepal, Sri Lanka, Afghanistan, Maldives
(ii) Iran, China, Japan, USA, South Korea, European Union
(iii) Pakistan, Nepal, India, Bangladesh, Iran
(iv) UK, USA, North Korea, South Africa

A) (iii) and (iv) B) (ii) and (iv) C) (i) and (ii) D) (ii) and (iii)

Discuss

Answer & Solution

Answer: Option C

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Business Environment and International Business MCQ Questions and Solutions with Explanations | Commerce