WorksheetsBusiness Environment(47)
Total questions: 47
Worksheet time: 24mins
1. Liberalization means
Policy of planned disinvestment
Integrating among economies
End of license & reduction of government control
None of these
Which of the following are the dimensions of the business environment:-
Economic & Social
Technological & Economic
Legal & Social
All of the above
Which factor is not included in macro-environment?
Economic Environment
Social Environment
Competitors
Political Environment
The income and expenditure policy of Government is called
Fiscal Policy
Monetary Policy
Industrial Policy
Trade policy
In all the countries there is a free-flow of goods and services under which policy
Liberalization
Privatization
Globalisation
None of the above
Privatisation of ownership through sale of equity shares is called
Disinvestment
Investment
Contracting
Relaxing the restriction and controls imposed on business and industry means
Liberalisation
Privatisation
Globalisation
By which Act government checks restrictive trade
Industrial Policy
FEMA
MRTP
FERA
Advertisements of cigarettes carry the statutory warning due to
Social Environment
Legal Environment
Political Environment
The index of BSE is called as:
Sensex
Nifty
Nasdaq
The index of NSE is called as:
Sensex
Nifty 50
Nasdaq
The oldest stock exchange in India is
NSE
BSE
OTCEI
Which is not a capital market instrument
Shares
Debentures
Treasury Bills
Bonds
Who is the regulator of stock exchanges in India
SEBI
RBI
TRAI
IRDA
Who frames monetary policy in India
SEBI
RBI
TRAI
IRDA
MRTP Act was framed in the year
1969
1979
1959
1999
FERA was introduced in the year
1969
1979
1959
1999
What is the current name of Planning Commission in India
NITI Aayog
NITI Yojona
Planning for Commission
Planned Commission
SEZ stands for
Special Entertainment Zone
Special Economic Zone
Special Elephant Zone
Objective of WTO is to
Set and enforce rules for international trade
Resolve trade disputes
Both of the above
Only a
WTO headquarters is located in
New York
Geneva
Paris
New Delhi
IMF headquarters is located in
Geneva
Paris
Washington DC
Which country is not part of SAARC?
India
Sri Lanka
Nepal
China
How many countries signed the GATT agreement?
25
23
33
47
GATT was signed in the year
1944
1949
1968
1979
_____ is the precursor of WTO
NAFTA
GATT
EU
SAARC
WTO is a
Permanent Institution
Multilateral Agreement
Multilateral Instrument
Provisional Institution
IBRD is also known as
EXIM BANK
World Bank
IMF
International Bank
According to ______ the holdings of a country’s treasure primarily in the form of gold constituted its wealth.
Gold Theory
Ricardo Theory
Mercantilism Theory
Hecksher Theory
The Theory of Absolute Cost Advantage is given by ______
David Ricardo
Adam Smith
F W Taylor
Ohlin and Heckscher
The theory of comparative cost advantage is given by ______
David Ricardo
Adam Smith
Ohlin and Hecksher
…. is only a legal agreement and it is not an institution, but ______ is a permanent institution
GATT, WTO
WTO, GATT
WTO, IMF
IMF, GATT
The WTO was established to implement the final act of Uruguay Round agreement of _______
MFA
GATT
TRIPs
WTO stands for ______
World technology association
World time organization
World trade organization
World tourism organization
NAFTA stands for ______
North African trade association
North American free trade agreement
Northern Atlantic trade agreement
Northern association for trade
IPR stands for ______
Intellectual property rights
international property rights
Internal promotion rights
Interior promotional rights
The main objective of International Monetary Fund (IMF) was to
Promote International trade
Help economically backward countries
Maintain stable exchange rates
Promote international liquidity
Which of the following is not an International Financial Institution
ICICI
IMF
IDA
World Bank
The gains from two nations depend on
Domestic barter rates
Different in the domestic barter rates of the two
countries
Terms of trade
Degree of absolute advantage
Out of the following, one is not related with WTO
TRIPS
TRIMS
TRAI
Which one is not the form of FDI?
Purchase of existing assets in foreign currency.
New Investment in Property, planet and equipment.
Making investment is the mutual funds
Transfer of many type of asset
BRICS includes
Bhutan, Romania, Indonesia, Chile and South Korea
Brazil, Russia, Indonesia, Chila and Sudan
Brazil, Russia, India, China and South Africa
Britain, Russia, India, Czechoslovakia, Sri lanka
Which one of the following theories says that "to export was good and to be encouraged but to import was bad and to the discouraged."
Comparative cost theory
The theory of Absolute Advantage
Factor Endowment theory
Mercantilist theory
Which one is called Bretton-wood Twin's
IBRD and IDA
IMF and IFL
IMF and IBRD
IDA and IFL
Foreign Exchange and Foreign currencies in India are governed by
RBI
FEMA ACT
SEBI ACT
is the sale of goods abroad at a price which is lower than the selling price of the same goods at the same time in the same circumstances at home, taking account of difference in transport costs.
Dumping
Tariff
Anti-dumping
Creators can be given the right to prevent others from using their inventions, designs or other creations is known as
TRIMS
TRIPS
IPR
GATT
