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This section includes 10 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
1. |
The movement to free international trade is most likely to generate short-term unemployment in which industries |
A. | Industries in which there are neither imports nor exports |
B. | Import-competing industries. |
C. | Industries that sell to domestic and foreign buyers |
D. | Industries that sell to only foreign buyers |
Answer» C. Industries that sell to domestic and foreign buyers | |
2. |
Which type of following stage of internationalization has Decentralized decision making? |
A. | Subsidiary |
B. | Multinational Corporation |
C. | Transnational corporation |
D. | Domestic Company |
Answer» D. Domestic Company | |
3. |
Mercantilists believed that a country could increase the amount of wealth it had by _____. |
A. | Promoting exports and discouraging imports |
B. | Discouraging exports and promoting imports |
C. | Controlling imports and exports |
D. | Increasing both imports and exports |
Answer» B. Discouraging exports and promoting imports | |
4. |
Agreement between two parties where in one gives rights to use their intangible property to another entity is called as |
A. | Direct Exporting |
B. | Turnkey project |
C. | Strategic alliance |
D. | Licensing |
Answer» E. | |
5. |
Complex projects involving creation of an asset as per the requirement of the client is called _________. |
A. | Joint venture |
B. | Strategic alliance |
C. | Turnkey Project |
D. | Subsidiary |
Answer» D. Subsidiary | |
6. |
The practices of a company for which it is accountable in relation to other parties is called ____________ |
A. | Social responsibility |
B. | Code of Ethics |
C. | Values |
D. | Culture |
Answer» B. Code of Ethics | |
7. |
Commitment, competence and consistency are three distinct characteristics that result in ______________ |
A. | Culture building |
B. | Values |
C. | Organizational socialization |
D. | Attitudes |
Answer» B. Values | |
8. |
: Which of the following statements is/are correct regarding FDI under automatic route?1. FDI in India under the automatic route does not require prior approval either by the Government of India or the Reserve Bank of India.2. Investors are only required to notify the concerned regional office of the RBI before receipt of inward remittances and file required documents with that office before the issue of shares to foreign investors. Select the correct answer using the codes given below. |
A. | 1 only |
B. | 2 only |
C. | Both 1 and 2 |
D. | Neither 1 nor 2 |
Answer» D. Neither 1 nor 2 | |
9. |
In which of the following sectors does the Government of India allow more than 50% FDI? |
A. | Joint venture |
B. | Strategic alliance |
C. | Acquisition |
D. | Merger |
Answer» C. Acquisition | |
10. |
Which of the following are the components of foreign capital?1. Grants and loans2. External commercial borrowings3. Foreign direct investment4. Deposits from non-residentsSelect the correct answer using the codes given below. |
A. | 1, 2, 3, and 4 |
B. | 1, 2, and 4 only |
C. | 1 and 2 only |
D. | 3 and 4 only |
Answer» B. 1, 2, and 4 only | |