31. Which one of the following service is not covered under Consumer Protection Act?
32. The balance of payment is an . . . . . . . . system.
33. Business conglomerates have different names in different countries. Which country's conglomerates are called 'Chaebols'?
34. Which of the following expressions amount to the import restriction measures?
(i) currency control
(ii) establishment of EPZs
(iii) tariff cuts
(iv) imposition of tariffs
(v) imposition of non-tariff barriers
(i) currency control
(ii) establishment of EPZs
(iii) tariff cuts
(iv) imposition of tariffs
(v) imposition of non-tariff barriers
35. What is the importance of globalisation for multinational firms?
36. Which of the following statements is/are incorrect?
37. If a country has deficit in balance of current account, balance of capital account will be
38. Consumers have the right:
(i) to be protected against goods and services that are hazardous to life and property
(ii) to be assured, wherever possible, of access to a variety of goods and services at national price.
(i) to be protected against goods and services that are hazardous to life and property
(ii) to be assured, wherever possible, of access to a variety of goods and services at national price.
39. Match the items of List-I with items in List-II and select a correct answer:
List-I
List-II
a. Current account
1. Official capital
b. Capital account
2. Reserves from foreign countries
c. Unilateral payments
3. Reparations
d. Official statement account
4. Visible exports and imports
| List-I | List-II |
| a. Current account | 1. Official capital |
| b. Capital account | 2. Reserves from foreign countries |
| c. Unilateral payments | 3. Reparations |
| d. Official statement account | 4. Visible exports and imports |
40. Globalisation is a process of integration of world economics to realise the benefits of geography, demography, cost and efficiency. Which three characteristics represent globalisation?
1. Increasing space
2. Shrinking space
3. Strengthened borders
4. Shrinking time
5. Disappearing borders
Select the correct answer using the options given below
1. Increasing space
2. Shrinking space
3. Strengthened borders
4. Shrinking time
5. Disappearing borders
Select the correct answer using the options given below
Read More Section(Business Environment and International Business)
Each Section contains maximum 100 MCQs question on Business Environment and International Business. To get more questions visit other sections.
- Business Environment and International Business - Section 1
- Business Environment and International Business - Section 2
- Business Environment and International Business - Section 3
- Business Environment and International Business - Section 4
- Business Environment and International Business - Section 6
- Business Environment and International Business - Section 7