Business Environment and International Business MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7

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

Answer & Solution Discuss in Board Save for Later

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

Answer & Solution Discuss in Board Save for Later

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

Answer & Solution Discuss in Board Save for Later

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

Answer & Solution Discuss in Board Save for Later

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)

Answer & Solution Discuss in Board Save for Later

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

Answer & Solution Discuss in Board Save for Later

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

Answer & Solution Discuss in Board Save for Later

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

Answer & Solution Discuss in Board Save for Later

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

Answer & Solution Discuss in Board Save for Later

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)

Answer & Solution Discuss in Board Save for Later

1 2 3 4 5 6 7 8 9 10

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

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

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

Answer & Solution

Answer & Solution

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

Answer & Solution

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

Answer & Solution

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

Answer & Solution

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

Answer & Solution

Answer & Solution

Answer & Solution

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

Answer & Solution

Answer & Solution

Read More Section(Business Environment and International Business)

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

93.
Which one of the following is not covered in the approach adopted by NITI Aayog?

94.
The balance of payment of a country on current account is equal to

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

96.
Which of the following is not an way to implement CSR by organisation?

99.
Reasons for non-expansion of exports of Less Developed Countries (LDCs) are