Business Environment and International Business MCQ Questions and Solutions with Explanations

71

The Age of Discontinuity' (1969) has been authored by

A) John Drydon B) Cyril Debydeen C) Peter F. Drucker D) None of these

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

72

In the two good Ricardian Trade Model, complete specialization in production occurs in fee trade equilibrium because

A) the production possibility frontier satisfies increasing opportunity cost B) there are diminishing returns to the factor of production C) there are increasing returns to the factor of production D) the production possibility frontier satisfies constant opportunity cost

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

73

Consider the following statements.
Assertion (A): Under FEMA, the receiver of laundered money is to be made culpable, instead of sender/ distributor.
Reason (R): FEMA differs from the earlier exchange regulation Act FERA with regard to penalties and punishment in case of violation of the Act.

A) (A) is correct but (R) is not correct B) (A) and (R) both are correct but (R) is not the right explanation of (A) C) (A) and (R) both are correct and (R) is the right explanation of (A) D) (A)and (R) both are incorrect

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

74

Match the following.

List-I (Concepts)	List-II (Features)
a. Free trade	1. Its value is fixed in gold
b. International liquidity	2. Removes tariffs and non-tariff barriers
c. Regional economic integration	3. Aggregate stock of internationally acceptable assets
d. Special drawing rights	4. It permits trading partner's mutual gains from trade of goods and services

A) a-4, b-3, c-2, d-1 B) a-3, b-1, c-4, d-2 C) a-2, b-1, c-4, d-3 D) a-3, b-4, c-1, d-2

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

75

Which of the following is/are not the objective of IMF?

A) Removal of disparities in international payment B) Imposition of trade tariff C) Imposition of exchange control D) Both B and C

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

76

Consider the following statements.

A) Fiscal policy is composed of policy decisions relating to entire financial structure of the government including tax revenue, public expenditures, loans, transfers, debt management, budgetary deficit, etc. that is taken care of by Ministry of Finance B) The objective of monetary policy is to ample liquidity in the market so that price stability and economic growth are taken care of C) Both A and B D) None of the above

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

77

Out of the following, which four benefits are available to host countries from MNCs?
(1) Transfer of technology
(2) Learning of business mannerism
(3) Strategic information sharing
(4) Creation of jobs
(5) Entertainment
(6) Better utilization of resources
(7) Enhancing social contacts
(8) Improved competition in local economy

A) 1, 3, 5 and 7 B) 2, 4, 6 and 8 C) 1, 4, 6 and 8 D) 3, 6, 7 and 8

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

78

Which of the following is not an element of the micro environment of business?

A) Suppliers B) Competitors C) Trade Policy D) Public

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

79

Which of the following statement is true in context of monetary policy in India?

A) Repo rate should always be greater than reverse repo rate B) Reverse repo rate should always be greater than repo rate C) Both repo rate and reverse repo rate should be equal D) Reverse repo rate is always an alternative rate to repo

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

80

The main features of TRIMS are:
(i) All restrictions on foreign capital are imposed.
(ii) No restriction is imposed on any area of investment.
(iii) Restrictions on repatriation of dividend is eliminated.
(iv) Imports of raw material is allowed freely.
(v) No limit on the extent of foreign investment.
Indicate the correct combination

A) (i), (ii), (iii) and (v) B) (ii), (iii), (iv) and (v) C) (iii), (iv) and (v) D) (iv) and (v)

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

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