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-5 section-3
Each section contains 100 MCQs on
Business Environment and International Business .
A country leaving the membership of IMF can continue its membership with World Bank, if . . . . . . . . members of bank give their votes in its favour.
Which of the following deficits are true in their representation?
(1) Budget deficit = Total expenditure - Total receipts
(2) Revenue deficit = Revenue expenditure - Revenue receipts
(3) Fiscal deficit = Total expenditure - Total receipts except borrowings
(4) Primary deficit = Fiscal deficit - Interest payments
Consider the following statement and identify the right ones.
1. India adopted LERMS in 1992.
2. In 1993, dual exchange rate system was replaced by a unified floating exchange rate.
Consider the following statements. Assertion (A): The formal banking system was started after the entry of Britishers into India Reason (R): There was a loophole in the informal banking which was practiced in India