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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-7

Each section contains 100 MCQs on Business Environment and International Business .
31
Tax policy comes under which element of business environment?
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Answer & Solution
Answer: Option B
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32
The redressal forum of consumer consists of
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Answer & Solution
Answer: Option C
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33
One Governor and one Substitute Governor of World Bank is appointed for
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Answer & Solution
Answer: Option B
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34
Which of the following is not an objective of competition Act 2002?
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Answer & Solution
Answer: Option B
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35
Which one of the following pairs is not correctly matched?
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Answer & Solution
Answer: Option D
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36
Match the following List-I with List-Il and select the correct answer.
List-I List-II
a. Comparative Cost Theory of International Trade 1. Gottfried Haberler
b. International Theory of Opportunity Cost 2. J. S. Mill
c. Factor Endowment Theory of International Trade 3. David Ricardo
d. Doctrine Of Reciprocal Demand 4. Hecksher Ohlin
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Answer & Solution
Answer: Option C
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37
This integration includes free trade among members and it erects a common external tariff on imports from non-member countries?
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Answer & Solution
Answer: Option B
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38
Arrange the following steps of 'international product life cycle theory' in a correct order.
1. Maturity stage
2. Introductory stage
3. Decline stage
4. Growth stage
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Answer & Solution
Answer: Option A
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39
Which of the following has/have occurred in India after its liberalization of economic policies in 1991?
(i) Share of agriculture in GDP increased enormously
(ii) Share of India's exports in world trade increased
(iii) FDI inflows increased
(iv) India's foreign exchange reserved increased enormously
Select the correct answer using the options given below:
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Answer & Solution
Answer: Option B
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40
Identify the one, from the following, which is not a type of disequilibrium in the balance of payments of a country:
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Answer & Solution
Answer: Option D
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