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

A. John Drydon

B. Cyril Debydeen

C. Peter F. Drucker

D. None of these

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

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

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

A. Removal of disparities in international payment

B. Imposition of trade tariff

C. Imposition of exchange control

D. Both B and C

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

A. 1, 3, 5 and 7

B. 2, 4, 6 and 8

C. 1, 4, 6 and 8

D. 3, 6, 7 and 8

A. Suppliers

B. Competitors

C. Trade Policy

D. Public

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

A. (i), (ii), (iii) and (v)

B. (ii), (iii), (iv) and (v)

C. (iii), (iv) and (v)

D. (iv) and (v)