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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-4 section-6

Each section contains 100 MCQs on Business Environment and International Business .
31
The apex consumer court in India is referred to as
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Answer & Solution
Answer: Option C
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32
Difference between the time of introduction of the product in one country and the time, when the producers in other country start producing it
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Answer: Option A
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33
The infant industry argument is often advocated in the context of
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Answer: Option C
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34
The SDRs can be used . . . . . . . . by the participating countries.
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Answer & Solution
Answer: Option A
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35
Which of the following is/are not correct?
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Answer: Option D
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36
Majority of developed countries have . . . . . . . . In their BoP.
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Answer: Option C
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37
Arrange the following concepts/acts in the order in which they came into force.
1. Competitinon Act.
2. Foreign Exchange Management Act.
3. Consumer Protection Act.
4. Securities and Exchange Board of India Act.
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Answer & Solution
Answer: Option A
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38
Economic elements of business environment are
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Answer: Option A
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39
The devaluation of currency of a country is done when
1. it has adverse balance of payment.
2. it has favourable balance of payment.
Select the correct answer using the options given below
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Answer: Option A
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40
Who was shown, how international trade leads to equalisation of factor prices?
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Answer: Option B
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