Business Environment and International Business MCQs with Answers 2027

Q461

Result of technological environment in business environment is

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Q462

Consider the following statements.
Statement (I): Developing countries can borrow more than their quota under Extended Fund Facility (EFF) of IMF.
Statement (II): The Extended Fund Facility (EFF)was created in 1984 to help the developing countries over longer period up to 3 years.

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Q463

Open question

EPCG denotes:

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Q464

Open question

United Nations Conference on Trade and Development (UNCTAD)was set up in:

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Q465

Open question

Which of the following would include Foreign Direct Investment in India?
(i) Subsidiaries of companies in India
(ii) Majority foreign equity holding m Indian companies
(iii) Companies exclusively financed by foreign companies
(iv) Portfolio Investment

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Q466

Open question

Which of the following constitute Capital Account?
(i) Foreign Loans
(ii) Foreign Direct Investment
(iii) Private Remittances
(iv) Portfolio Investment

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Q467

Open question

Match List-I with List-II relating to benefits and cost of economic integration and identify the option representing correct matching.

List-I	List-II
a. Trade creation	1. Movement of production and resources in opposite directions.
b. Trade diversion	2. Become active when a member country does not augment export but simply shifts its imports from low cost source to high cost source.
c. Trade deflection	3. Shifting the locus of production from high cost to low cost centre within the union.
d. Polarisation forces	4. Goods produced in a third country entering a free trade area through a member country having lower tariff.

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Q468

Open question

Which one of the following is not a favourable factor for globalization?

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Q469

Open question

The BoP is composed of two accounts. They are

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Q470

Open question

Which of the following might cause a country's exports to fall?

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Q471

Open question

The difference between the value of goods and services exported and imported by a country is the measure of

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Q472

Open question

Economic policy is the catalyst component of

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Q473

Open question

On the basis of the size and composition of external debt, World Bank has classified India as a

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Q474

Open question

Porter Five Forces Model represents the relationship between

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Q475

Open question

Which of the following assumptions are true in context of theory of comparative advantage?
(1) Two trading economies each producing the same two goods.
(2) The factors of production in each economy are perfectly mobile.
(3) There are no trade barriers and no transport costs.
(4) The state of technology is unchanged.

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Q476

Open question

Which of the following is not the objective of fiscal policy in India?

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Q477

Open question

Match the items of List-I with items of List-II.

List-I	List-II
a. Measures towards globalization	1. Globalization
b. Off-shoring	2. FEMA
c. FERA	3. Liberalise the inflow of FDI
d. Mr. Arthur Dunkel	4. Uruguay Round

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Q478

Open question

Which of the following kinds of situation is signified when there is debit in balance of payments accounts?
(1) Low imports and high exports
(2) High imports and low exports

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Q479

Open question

Match the following.

List-I (Organisations)	List-II (Objectives)
a. SAARC	1. To promote cooperative peace and shared prosperity
b. NAFTA	2. To provide protection and enforcement of intellectual property rights
c. ASEAN	3. To promote the welfare of the people of South Asia and to improve their quality of life

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Q480

Open question

Consider the following statements in context of WTO.
1. WTO is a permanent body with its over dispute settlement machanism.
2. Scope of WTO has been broadened by inclusion of services, intellectual property rights and investment measures.
3. WTO promote international trade.
4. WTO banned the foreign currency.
5. WTO managed the hybrid system of clean floating, currency block etc.
Which of the statements given above are correct?

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