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

Business Environment and International Business MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Business Environment and International Business MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-10 section-6

Each section contains 100 MCQs on Business Environment and International Business .
91
Which of the following is a feature of the micro environment of an organisation?
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Answer: Option A
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92
Which of the following statement is true?
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Answer: Option A
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93
Which one of the following matches corresponds to the Member and Observer countries of the SAARC?
(i) India, Pakistan, Bangladesh, Bhutan, Nepal, Sri Lanka, Afghanistan, Maldives
(ii) China, USA, Myanmar, Iran, Japan, South Korea, Australia, Mauritius and European Union
(iii) Pakistan, Nepal, India, Bangladesh, Iran
(iv) UK, USA, North Korea, South Africa
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Answer: Option C
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94
Which of the following denote the structural changes in Indian economy?
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Answer: Option D
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95
The collapse of which of the following systems is related to the Triffin Paradox?
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Answer: Option C
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96
Dumping aims at flooding a foreign country with
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Answer: Option B
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97
Match the items of List-II with List-I to identify the correct option which are related to legal forces affecting international marketers.
List-I List-II
a. Tariff 1. A regulation specifying the proportion of a finished product's components and labour that must be provided by importing country.
b. Import Quota 2. Tax imposed on product entering a country and used to protect domestic producers and/or raise revenue.
c. Local- content Law 3. A requirement that a product contain or exclude certain ingredients or that it be tested and certified as meeting certain restrictive standards.
d. Local operating Law 4. Limiting amount of a particular product that can be brought into a country, to protect domestic industry or broadening access to its markets.
e. Standards and Certification 5. A refusal to buy products from a particular company or country.
f. Boycott 6. A constraint on how, when or where retailing can be conducted.
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Answer: Option C
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98
Which of the following is/are principles of valuation for BoP account?
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Answer: Option C
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99
The purpose of protectionism in to protect
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Answer: Option A
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100
Which items are included in the negative list of imports?
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Answer: Option D
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