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

A. SDR

B. GDR

C. Dollar

D. Swaps

A. The Act proposes the establishment of the Central Consumer Protection Authority (CCPA) to promote, protect and enforce the rights of consumers

B. The Act seeks to be more holistic with stricter rules, including jail term for unfair trade practices like adulteration and misleading ads by firms. The Act is determined to initiate class action, including enforcing recall, refund and return of products

C. The consumers can now file complaints at any district or state Consumer Commission closest to them instead of travelling to the location where the service were sold

D. All of the above

A. a-4, b-1, c-2, d-3

B. a-3, b-2, c-4, d-1

C. a-2, b-3, c-4, d-1

D. a-4, b-3, c-2, d-1

A. to raise living standards in developing countries

B. to minimise barriers to international trade

C. to harmonize tariffs

D. to eliminate customs unions

A. Export control

B. Current Account Convertibility

C. Liberalized Export Policy

D. Unified Exchange Rate

A. invisible

B. constraint

C. expert

D. None of these

A. How an organisation meet the expectations of its stakeholders

B. External stakeholders relationship

C. The behaviour of individual managers

D. The ways in which an organisation exceeds its minimum required obligations to stakeholders

A. IMF

B. IBRD

C. ADB

D. None of these

A. inter bank advances

B. bank to Reserve Bank advances

C. reserve Bank to Bank advances

D. commercial Banks to Industrial Banks advances

A. quotas

B. import bans

C. export controls

D. anti-dumping laws