A valid definition of a business purpose is to __

Increase the wealth in the firm

Free trade is based on the principle of ___

Production possibility advantage

What is the main role of the World Bank?

All of the options given are correct.

To be a forum for trade and liberalization.

To facilitate private investment around the world.

To assist countries in development.

All of the options given are correct.

International multinational foreign

The income level of residents in a country is indicated by _______.

per capita gross domestic product.

per capita gross national income.

per capita gross domestic product.

A multi-national corporation (MNC) is defined by

Having sales in more than one country.

Carrying out production in more than one country.

Having sales in more than one country.

Having a multi-ethnic workforce .

Having suppliers in more than one country.

Globalization does not involve.

Free flow of goods and services.

Global mechanism for settlement of Economic disputes.

Proper understanding of business environment is not a prerequisite for

Better coordination of employee efforts.

Identification of opportunities and threats.

Better coordination of employee efforts.

Which of the following is not a business opportunity generated by Globalisation ?

Less stringent regulations of the Business Environment

What are the elements of business ethics?

attitudes pressure and environment.

value environment and attitude.

An effective crisis management plan will __

Minimize the seriousness of the problem

Use the internet to convey the public affairs message

Immediately apologize to the public and accept any liability

what is the nature of business environment?

Aggression, Relative and Uncertain.

The focus on increasing profitability and profit growth by reaping the cost reduction thatcome from economies of scale is ________.

global standardization strategy.

Export control refers to restrictions on

Foreign countries exporting to the country.

Domestic firms from engaging in exports.

Items that can be exported from the country.

Foreign countries exporting to the country.

Domestic firms engaging in trade with nation.

Opening up of economy to the world by attaining international competitiveness

Reducing number of reserved industries from 17 to 8

Liberating the industry, trade and economy from unwanted restrictions

Opening up of economy to the world by attaining international competitiveness

Free determination of interest rates

Which one of the following is not a function of financial market?

Price determination of securities

The World Bank is a recognized member of

United Nations Security Council

United Nations Development Council

United Nations Development Group

United Nations Security Council

United Nations General Assembly

Which is not the member of World bank Group

International finance corporation

International development Association

International bank for development and reconstruction

989 + Mcqs in Environment in Current Affairs Page 15 McqOptions

701.	A valid definition of a business purpose is to __
A.	Create a customer
B.	Maximize profits
C.	Serve the society
D.	Increase the wealth in the firm
Answer» B. Maximize profits

Discussion

702.	Free trade is based on the principle of ___
A.	Comparative advantage
B.	Comparative scale
C.	Economies of advantage
D.	Production possibility advantage
Answer» B. Comparative scale

Discussion

703.	________ is a source of financing to meet very short-term fund requirements ofcommercial banks with a provision of renewal.
A.	Treasury Bill
B.	Commercial Paper
C.	Certificate of Deposit
D.	Call Money
Answer» E.

Discussion

704.	What is the main role of the World Bank?
A.	To be a forum for trade and liberalization.
B.	To facilitate private investment around the world.
C.	To assist countries in development.
D.	All of the options given are correct.
Answer» D. All of the options given are correct.

Discussion

705.	IMF stands
A.	International money force
B.	International monetary fund
C.	Indian money fund
D.	International multinational foreign
Answer» C. Indian money fund

Discussion

706.	Corporate contribution to political parties are now been ____________ in our country
A.	Legalized
B.	Customized
C.	Introduced
D.	Authorized
Answer» C. Introduced

Discussion

707.	Identification of companies technological assets that may provide ___________ in newbusinesses
A.	Opportunities
B.	Development
C.	Failure
D.	Authority
Answer» B. Development

Discussion

708.	The techniques of privatization are contract _______and concession.
A.	building.
B.	free .
C.	leases .
D.	hire purchase.
Answer» D. hire purchase.

Discussion

709.	The income level of residents in a country is indicated by _______.
A.	gross national income.
B.	gross domestic product.
C.	per capita gross national income.
D.	per capita gross domestic product.
Answer» D. per capita gross domestic product.

Discussion

710.	The environment which is close to business and affect its capacity to work is known as___environment.
A.	internal.
B.	external.
C.	micro.
D.	macro.
Answer» D. macro.

Discussion

711.	What are the elements of business environment?
A.	Micro Environment.
B.	Macro Environment.
C.	Complex Environment.
D.	Steeple factor
Answer» E.

Discussion

712.	A multi-national corporation (MNC) is defined by
A.	Carrying out production in more than one country.
B.	Having sales in more than one country.
C.	Having a multi-ethnic workforce .
D.	Having suppliers in more than one country.
Answer» B. Having sales in more than one country.

Discussion

713.	Is interference of government in business is common in every country?
A.	1960.
B.	1970.
C.	1980.
D.	1990.
Answer» B. 1970.

Discussion

714.	India is good example for ________economy
A.	Socialist
B.	Mixed
C.	Capitalist
D.	Communist
Answer» C. Capitalist

Discussion

715.	GNP stands for_____________________
A.	Gross National Product
B.	Gross negative product
C.	Gross negotiable product
D.	None of the above
Answer» B. Gross negative product

Discussion

716.	Which condition population remain stableI. High birthrate and high death rate II. Low birthrate and high death rate III. High birthrate and low death rate IV. Low birthrate and low death rate
A.	I & III
B.	I & IV
C.	II & III
D.	All of the above
Answer» C. II & III

Discussion

717.	Globalization does not involve.
A.	Reduction of barrier
B.	Free flow of goods and services.
C.	Global mechanism for settlement of Economic disputes.
D.	Free flow of Capital
Answer» B. Free flow of goods and services.

Discussion

718.	Establishment Year of International Monetary Fund.
A.	1945
B.	1935
C.	1845
D.	2005
Answer» B. 1935

Discussion

719.	There are _____sins of privatization.
A.	5.
B.	6.
C.	7.
D.	8.
Answer» D. 8.

Discussion

720.	Fiscal policy is called as ________policy
A.	Monetary
B.	Budgetary
C.	Industrial
D.	Economic
Answer» C. Industrial

Discussion

721.	Proper understanding of business environment is not a prerequisite for
A.	Tapping of useful resources.
B.	Identification of opportunities and threats.
C.	Formulation of strategies.
D.	Better coordination of employee efforts.
Answer» D. Better coordination of employee efforts.

Discussion

722.	The economic system in which both public and private sectors co exist is known as___economy.
A.	capitalism.
B.	socialism.
C.	democratic.
D.	republic.
Answer» C. democratic.

Discussion

723.	Which of the following is not a business opportunity generated by Globalisation ?
A.	Access to low cost labour
B.	Cheap International Transport
C.	Currency Crisis
D.	Less stringent regulations of the Business Environment
Answer» D. Less stringent regulations of the Business Environment

Discussion

724.	___________ is the integration of world economy into a single market through removalof trade barriers between countries.
A.	Privatisation
B.	Liberalisation
C.	Globalisation
D.	Both (a) and (b)
Answer» C. Globalisation

Discussion

725.	What are the elements of business ethics?
A.	Values rights and duties.
B.	attitudes pressure and environment.
C.	value environment and attitude.
D.	Responsibilities.
Answer» B. attitudes pressure and environment.

Discussion

726.	_______plays the watch dog in order to ensure that both function in public interest andwithin the boundaries of constitution
A.	Legislature
B.	Executive
C.	Judiciary
D.	Public
Answer» D. Public

Discussion

727.	Multinational corporations is also referred to ____
A.	Multinational collaboration
B.	Multinational entity
C.	Transnational corporation
D.	Multinational development
Answer» D. Multinational development

Discussion

728.	An effective crisis management plan will __
A.	Minimize the seriousness of the problem
B.	Exaggerate minor incident
C.	Use the internet to convey the public affairs message
D.	Immediately apologize to the public and accept any liability
Answer» B. Exaggerate minor incident

Discussion

729.	Internal factors affecting a business environment also are referred to ____factors.
A.	controllable.
B.	uncontrollable factors.
C.	relevant.
D.	global.
Answer» B. uncontrollable factors.

Discussion

730.	________environment refers to all economic factors which have a bearing on the functioningof a business.
A.	Economic.
B.	Technological.
C.	Natural.
D.	Social.
Answer» B. Technological.

Discussion

731.	Economic growth can be measured by ___________
A.	The cpi
B.	The cbi
C.	Gdp
D.	Mpc
Answer» D. Mpc

Discussion

732.	__________ environment sets the basis for developmental activity of the business system.
A.	Financial environment
B.	Technology environment
C.	Global environment
D.	Macro environment
Answer» B. Technology environment

Discussion

733.	what is the nature of business environment?
A.	Aggression.
B.	Relative.
C.	Uncertain.
D.	Aggression, Relative and Uncertain.
Answer» E.

Discussion

734.	Is the modern business dynamic?
A.	mass production.
B.	mass marketing.
C.	mass sales.
D.	mass purchase.
Answer» B. mass marketing.

Discussion

735.	The focus on increasing profitability and profit growth by reaping the cost reduction thatcome from economies of scale is ________.
A.	global standardization strategy.
B.	localization strategy.
C.	transnational strategy
D.	international strategy.
Answer» B. localization strategy.

Discussion

736.	What are the main concepts concerning about business goals or objectives?
A.	Mission, objectives.
B.	Mission , targets.
C.	Mission, objectives, target.
D.	Target, objectives.
Answer» D. Target, objectives.

Discussion

737.	__________ decides on a particular course of action.
A.	Legislature.
B.	Executive.
C.	Judiciary.
D.	Public.
Answer» B. Executive.

Discussion

738.	Who is responsible for presenting the Union Budget before the Parliament?
A.	Prime Minister
B.	RBI Governor
C.	Finance Minister
D.	None of the above
Answer» E.

Discussion

739.	Export control refers to restrictions on
A.	Domestic firms from engaging in exports.
B.	Items that can be exported from the country.
C.	Foreign countries exporting to the country.
D.	Domestic firms engaging in trade with nation.
Answer» C. Foreign countries exporting to the country.

Discussion

740.	______environment is with in the control of the business.
A.	Internal.
B.	External.
C.	Micro.
D.	Macro.
Answer» B. External.

Discussion

741.	The economic system in which business units or factors of production are privately ownedand governed is called as______.
A.	capitalism.
B.	socialism.
C.	democratic.
D.	republic.
Answer» B. socialism.

Discussion

742.	Liberalization means
A.	Reducing number of reserved industries from 17 to 8
B.	Liberating the industry, trade and economy from unwanted restrictions
C.	Opening up of economy to the world by attaining international competitiveness
D.	Free determination of interest rates
Answer» C. Opening up of economy to the world by attaining international competitiveness

Discussion

743.	Which one of the following is not a function of financial market?
A.	Mobilisation of savings
B.	Price determination of securities
C.	Floating of companies
D.	Lowering transaction cost
Answer» D. Lowering transaction cost

Discussion

744.	________ is concerned with developing projection of direction, scope, speed & intensityof environmental change
A.	Scanning
B.	Monitoring
C.	Forecasting
D.	Assessing
Answer» C. Forecasting

Discussion

745.	In India liberalization and privatization began from____.
A.	1991.
B.	1971.
C.	1981.
D.	1947.
Answer» D. 1947.

Discussion

746.	The World Bank is a recognized member of
A.	United Nations Development Council
B.	United Nations Development Group
C.	United Nations Security Council
D.	United Nations General Assembly
Answer» C. United Nations Security Council

Discussion

747.	National stock exchange was set up a joint stock company by all indian financial institutionand banks on November 27 ____.
A.	1991.
B.	1992.
C.	1993.
D.	1994.
Answer» C. 1993.

Discussion

748.	Which is not the member of World bank Group
A.	International monetory fund
B.	International finance corporation
C.	International development Association
D.	International bank for development and reconstruction
Answer» B. International finance corporation

Discussion

749.	The Constitution declares India to be a sovereign, socialist, secular, democratic republic, assuring its citizens of justice, equality, and liberty, and endeavours to promote fraternity among them. The words "socialist" and "secular" were added to the definition in year:
A.	1956
B.	1976
C.	1970
D.	1952
Answer» C. 1970

Discussion

750.	In some circles, a multinational corporations is also referred to ____________.
A.	multinational collaboration .
B.	multinational entity.
C.	multinational enterprises.
D.	multinational development.
Answer» D. multinational development.

Discussion

Explore topic-wise MCQs in Current Affairs.

A valid definition of a business purpose is to __

Free trade is based on the principle of ___

________ is a source of financing to meet very short-term fund requirements ofcommercial banks with a provision of renewal.

What is the main role of the World Bank?

IMF stands

Corporate contribution to political parties are now been ____________ in our country

Identification of companies technological assets that may provide ___________ in newbusinesses

The techniques of privatization are contract _______and concession.

The income level of residents in a country is indicated by _______.

The environment which is close to business and affect its capacity to work is known as___environment.

What are the elements of business environment?

A multi-national corporation (MNC) is defined by

Is interference of government in business is common in every country?

India is good example for ________economy

GNP stands for_____________________

Which condition population remain stableI. High birthrate and high death rate II. Low birthrate and high death rate III. High birthrate and low death rate IV. Low birthrate and low death rate

Globalization does not involve.

Establishment Year of International Monetary Fund.

There are _____sins of privatization.

Fiscal policy is called as ________policy

Proper understanding of business environment is not a prerequisite for

The economic system in which both public and private sectors co exist is known as___economy.

Which of the following is not a business opportunity generated by Globalisation ?

___________ is the integration of world economy into a single market through removalof trade barriers between countries.

What are the elements of business ethics?

_______plays the watch dog in order to ensure that both function in public interest andwithin the boundaries of constitution

Multinational corporations is also referred to ____

An effective crisis management plan will __

Internal factors affecting a business environment also are referred to ____factors.

________environment refers to all economic factors which have a bearing on the functioningof a business.

Economic growth can be measured by ___________

__________ environment sets the basis for developmental activity of the business system.

what is the nature of business environment?

Is the modern business dynamic?

The focus on increasing profitability and profit growth by reaping the cost reduction thatcome from economies of scale is ________.

What are the main concepts concerning about business goals or objectives?

__________ decides on a particular course of action.

Who is responsible for presenting the Union Budget before the Parliament?

Export control refers to restrictions on

______environment is with in the control of the business.

The economic system in which business units or factors of production are privately ownedand governed is called as______.

Liberalization means

Which one of the following is not a function of financial market?

________ is concerned with developing projection of direction, scope, speed & intensityof environmental change

In India liberalization and privatization began from____.

The World Bank is a recognized member of

National stock exchange was set up a joint stock company by all indian financial institutionand banks on November 27 ____.

Which is not the member of World bank Group

The Constitution declares India to be a sovereign, socialist, secular, democratic republic, assuring its citizens of justice, equality, and liberty, and endeavours to promote fraternity among them. The words "socialist" and "secular" were added to the definition in year:

In some circles, a multinational corporations is also referred to ____________.