Explore topic-wise MCQs in Current Affairs.

This section includes 8815 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

2601.

Which of the following is international trade:

A. Trade between countries
B. Trade between regions
C. Trade between provinces
D. Both (b) and (c)
Answer» B. Trade between regions
2602.

'Ethics deals with the right actions of Individuals' Who said?

A. C S Rao
B. P F Drucker
C. J R Betty
D. DC Zane
Answer» C. J R Betty
2603.

It refers to the assumptions, values, and practices of people in the West and some elites in Non-Western cultures.

A. Universal Culture
B. Global culture
C. Organizational culture
D. All of the above
Answer» B. Global culture
2604.

Atmospheric issues include all of the following except:

A. Acid Rain
B. Global Warming
C. Air Pollution
D. Water Quantity
Answer» E.
2605.

Which of the following would most effectively act as the primary objective of a business organisation?

A. To make a profit
B. To procure resources
C. To communicate with shareholders
D. To mediate between the organisation and the environment
Answer» B. To procure resources
2606.

total no. Of IFRS is

A. 14
B. 16
C. 17
D. 18
Answer» D. 18
2607.

Where is the headquarter of the WTO?

A. . New York
B. . Washington DC
C. . Geneva
D. . Austria
Answer» D. . Austria
2608.

Forces that impacts business environment due to change in government is type of

A. Legal
B. Cultural
C. Social
D. Political
Answer» E.
2609.

Which of the following is not only a part of ethics but statutory compliance?

A. Preserving Natural resources
B. Development of Roads
C. Fair Product & Prices
D. Disclosure of Financial Statement
Answer» E.
2610.

Commitment, competence and consistency are three distinct characteristics that resultin ______________

A. Culture building
B. Values
C. Organizational socialization
D. Attitudes
Answer» B. Values
2611.

As per Indian GAAP Financial statements are prepared at :

A. Market value
B. Fair value
C. Cost
D. All of the above
Answer» C. Cost
2612.

Which of the following theories explains the behaviour of late entrants to catch up with the competition?

A. OLI theory
B. Transition Cost approach
C. The Leapfrogging theory
D. The perfect market Hypothesis
Answer» D. The perfect market Hypothesis
2613.

Which of the following is not the objective of the IMF?

A. To promote international monetary cooperation
B. To ensure balanced international trade
C. To ensure exchange rate stability
D. To provide loan to private sectors
Answer» E.
2614.

India follows the ________political system

A. Authoritarian
B. Parliamentary
C. Absolutist system
D. Military dictatorship
Answer» C. Absolutist system
2615.

Rise in prices due imbalance between demand and supply is called as

A. GDP
B. Inflation
C. Deflation
D. None of the above
Answer» C. Deflation
2616.

The union government adopted new definition of FDI and FPI in 2014. Which of the given below is incorrect in this regard

A. The new definition considers 5% investment in capital of an unlisted company as FPI.
B. The new definition considers 5% investment in capital of an unlisted company as FDI.
C. The new definition considers 5% investment in capital of an listed company as FPI.
D. None of the above
Answer» B. The new definition considers 5% investment in capital of an unlisted company as FDI.
2617.

The president is selected by the board of executive directors for a ____year, renewable term:

A. 5 Year
B. 3 Year
C. 4 Year
D. None of The Above
Answer» B. 3 Year
2618.

Rapid integration or interconnection between countries is known as:

A. Globalisation
B. Liberalisation
C. Socialisation
D. Privatisation
Answer» B. Liberalisation
2619.

How many Ind As are there in India

A. 21
B. 39
C. 41
D. 32
Answer» D. 32
2620.

A country is said to be in debt trap if

A. It has to abide by the conditionality imposed by the International Monetary Fund
B. It is required to borrow money to make interest payments on outstanding loans
C. It has been refused loans or aid by creditors
D. The World Bank charges a very high rate of interest on outstanding as well as new loans
Answer» C. It has been refused loans or aid by creditors
2621.

Which of the following is not the objective of the WTO?

A. . To improve the standard of living of peoples of the member countries
B. . To enlarge production and trade of goods
C. . To protect environment
D. . To improve the Balance of Payment situation of the member countries
Answer» E.
2622.

The _______ is being driven by the demand and supply of products and services.

A. Market economy
B. Capitalist economy
C. Both a & B
D. Socialist Economy
Answer» D. Socialist Economy
2623.

Increased foreign competition tend to

A. Intensify inflationary pressure at home
B. Induce falling output per worker-hour for domestic workers
C. Place constraints on the wages of domestic workers
D. Increase profits of domestic import-competing industries
Answer» D. Increase profits of domestic import-competing industries
2624.

In which of the following sectors does the Government of India allow more than 50% FDI?

A. Insurance
B. Print media
C. Telecommunications
D. Both A & C
Answer» E.
2625.

CSR & corporate governance represent a -------- between business and society.

A. Social climate
B. Special contract
C. Special climate
D. Social contract
Answer» E.
2626.

The traditional mode of entering into international business is

A. Licensing
B. Exporting
C. Joint venture
D. Subsidiary
Answer» C. Joint venture
2627.

Which of the following is not cultural factor?

A. Language
B. Income
C. Beliefs
D. Customs
Answer» C. Beliefs
2628.

Which of the following business environment are known and controllable?

A. Domestic business Environment
B. Foreign business Environment
C. International business Environment
D. None
Answer» B. Foreign business Environment
2629.

Which of the following attitude is result of religion?

A. Attitude towards work
B. Purchasing Behaviour
C. None of the both
D. Both A & B
Answer» E.
2630.

Which type of following stage of internationalization has Decentralized decisionmaking?

A. Subsidiary
B. Multinational Corporation
C. Transnational corporation
D. Domestic Company
Answer» D. Domestic Company
2631.

Investment in Plant & machinery is termed as

A. FDI
B. FII
C. Portfolio Investment
D. Capital Investment
Answer» E.
2632.

Agreement between two parties where in one gives rights to use their intangibleproperty to another entity is called as

A. Direct Exporting
B. Turnkey project
C. Strategic alliance
D. Licensing
Answer» E.
2633.

Which country leads the inflow of FDI in India?

A. Mauritius
B. France
C. USA
D. UK
Answer» B. France
2634.

National culture is based on ______________

A. Language
B. The territory of the state
C. The sense of belonging of a people
D. The nation-state.
Answer» D. The nation-state.
2635.

Which of the following is not a feature of a Multi-National Company?

A. It owns/ control production in more than one nation
B. It set up factories where it is close to the market
C. It organises production in complex ways.
D. It employs labour only from its own country
Answer» E.
2636.

The practices of a company for which it is accountable in relation to other parties iscalled ____________

A. Social responsibility
B. Code of Ethics
C. Values
D. Culture
Answer» B. Code of Ethics
2637.

The movement to free international trade is most likely to generate short-termunemployment 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
2638.

Nations conduct international trade because:

A. Some nations prefer to produce one thing while others produce other things.
B. Resources are not equally distributed among all trading nations.
C. Trade enhances opportunities to accumulate profits.
D. Interest rates are not identical in all trading nations
Answer» C. Trade enhances opportunities to accumulate profits.
2639.

OLI Theory is also known as

A. The transaction cost approach
B. The Eclectic Paradigm
C. The strategic linkage theory
D. Perfect market hypothesis
Answer» C. The strategic linkage theory
2640.

The main focus of IBRD and IDA is on ___________:

A. Developed Countries
B. Developing Countries
C. Both of The Above
D. None of The Above
Answer» C. Both of The Above
2641.

Outsourcing has been raising –

A. Nationally
B. Internationally
C. Both a & b
D. Only a
Answer» D. Only a
2642.

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
2643.

Which of the following is known as the Paper Gold?

A. US Dollar
B. Pound
C. Demand draft
D. Special Drawing Right
Answer» E.
2644.

Only manufacturing and exporting as per the requirement of importer is called

A. Direct Export
B. Sales
C. Import
D. Indirect Export
Answer» E.
2645.

Which of the following statement is not true about the WTO?

A. . WTO is a permanent organisation
B. . Uruguay round gave the birth to the WTO
C. .Ministerial Conference is the highest policy making body of the WTO
D. .WTO was officially constituted on 1 January 1991.
Answer» E.
2646.

Which of the following institution is associated with Dunkel Proposals?

A. World Bank
B. International Monetary Fund
C. World Trade Organization
D. United Nations Organization
Answer» D. United Nations Organization
2647.

Corporate governance is a form of

A. External regulation
B. Self regulation
C. Government control
D. Charitable action
Answer» C. Government control
2648.

what is the Impact of Pandemic COVID-19 on international trade.

A. Long term
B. Short term
C. Both a& b
D. Only a
Answer» D. Only a
2649.

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
2650.

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