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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 | |