ExamVeda
Login
Home

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-1 section-4

Each section contains 100 MCQs on Business Environment and International Business .
1
Which of the following statement/s is true about a Multi-National Corporation (MNC)?
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
2
There is a view that reduced rates on income tax would lead to a significant rise in income tax revenue. This view has been attributed to:
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
3
Which of the following best describes the term 'import cover', sometimes seen in the news?
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
4
India is a net exporter of hand-made carpets and an importer of high-tech product like computer memory chips and printers. This pattern of India trade is explained by the
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
5
The World Bank began its operation in
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
6
Which of the following is a WTO procedure to promote globalization?
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
7
Which among the following are criticisms given against World Trade Organization (WTO)?
(1) It is not a democratic and transparent institution.
(2) It has domination of international trade by rich countries for the benefit of their individual interests.
(3) It encourages a 'race to the bottom' in wages by pitting workers against each other rather than promoting internationally recognized labour standards.
(4) It is seeking to privatize essential public services.
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
8
Which of the following is not a forum of Consumer Dispute Redressal System?
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
9
Match the following components of Business Environment.
List-I List-II
a. Economic environment 1. EXIM policy
b. Social environment 2. Customs
c. Political environment 3. Social values
d. Legal environment 4. Business Law and Banking Act
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
10
Match the items of List-II with the items of List-I relating to liberalization of agricultural trade.
List-I List-II
a. Tariffication 1. They have demonstrably adverse effects on other member countries.
b. Prohibited subsidies 2. They act on goods which are contingent upon export performance.
c. Actionable subsidies 3. Replacement of existing non-tariff restrictions.
d. Non-actionable subsidies 4. For industrial research in disadvantaged regions.
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board