MCQOPTIONS
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This section includes 77 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Business Administration (BBA) knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
__________ will include interest and amortization payment, put a strain on future balance of payments |
| A. | Credit Servicing charges |
| B. | Debit servicing charges |
| C. | Both a and b |
| D. | None of the above |
| Answer» C. Both a and b | |
| 52. |
SAARC association brings together __________ countries of South Asia for regional co-operation. |
| A. | 9 |
| B. | 8 |
| C. | 7 |
| D. | 14 |
| Answer» D. 14 | |
| 53. |
_________ means acceptance of an outward looking policy of economic development in place of an inward looking one. |
| A. | Liberalization |
| B. | Privatisation |
| C. | Globalisatiion |
| D. | All of the above |
| Answer» D. All of the above | |
| 54. |
Member's Gold Subscription + Credit extended by the member through the fund to other members _________ |
| A. | Gold Tranche |
| B. | Credit Tranches |
| C. | Gold standard Machanism |
| D. | Floating exchange rate |
| Answer» B. Credit Tranches | |
| 55. |
NAFTA is a series of bilateral agreement between America, Canada and _________ |
| A. | Geneva |
| B. | Mexico |
| C. | UK |
| D. | Ireland |
| Answer» C. UK | |
| 56. |
Marketing forces to determine the exchange rate of currencies under ______. |
| A. | Gold Standard |
| B. | Bretton wood system |
| C. | Floating rate system |
| D. | Credit Tranche |
| Answer» D. Credit Tranche | |
| 57. |
In the form of pound sterling and U.S. dollars, these two currencies were known as __________ |
| A. | Reserve currencies |
| B. | Foreign exchange |
| C. | Floating Exchange rate |
| D. | Exchange transaction |
| Answer» B. Foreign exchange | |
| 58. |
The member countries of WTO have moved to "Product Patent Regime" under _________ |
| A. | TRIMS |
| B. | TRIPS |
| C. | GATTS |
| D. | SAPTA |
| Answer» C. GATTS | |
| 59. |
__________ is part of the parent corporation and simply an extension of domestic operation. |
| A. | Foreign Subsidiary |
| B. | Overseas branch |
| C. | Third country location |
| D. | Assembly operation |
| Answer» C. Third country location | |
| 60. |
__________ of economic policy is intended to promote the integration of Indian economy with the global economy. |
| A. | Globalisatioin |
| B. | Liberalisation |
| C. | Privatisation |
| D. | None of the above |
| Answer» C. Privatisation | |
| 61. |
_____ promotes the development friendly integration of developing countries into the world economy. |
| A. | UNCTAD |
| B. | IBRD |
| C. | IMF |
| D. | IDA |
| Answer» B. IBRD | |
| 62. |
__________ is the effect International Trade has a detrimental effect on under developed countries |
| A. | Lop - sided development |
| B. | Deterioration |
| C. | Demonstration effect |
| D. | None of the above |
| Answer» D. None of the above | |
| 63. |
_________ is a peculiar form of international trade that encompasses more than an exchange of goods services or idea for money. |
| A. | Turnkey contract |
| B. | Licensing |
| C. | Counter Trade |
| D. | Buy back |
| Answer» D. Buy back | |
| 64. |
The manor attributes of international financial system are knowledge, certainty and _________ |
| A. | Flexibility |
| B. | Predictability |
| C. | Continuity |
| D. | Structural |
| Answer» C. Continuity | |
| 65. |
_________ established a mechanism where by their local currencies are kept equal in value to gold and to each other. |
| A. | International money |
| B. | Floating exchange rate |
| C. | Bretton wwod system |
| D. | International Gold standard |
| Answer» E. | |
| 66. |
___________ are also known as International Bank for Reconstruction and Development. |
| A. | IMF |
| B. | ADB |
| C. | World Bank |
| D. | ECM |
| Answer» D. ECM | |
| 67. |
_________ is the first ever set of multilateral, legally enforceable rules covering international trade in services. |
| A. | GATS |
| B. | TRIPS |
| C. | TRIMS |
| D. | WTO |
| Answer» B. TRIPS | |
| 68. |
________ refers to a process of increasing economic integration and growing economic interdependence between countries in the world economy. |
| A. | MNC |
| B. | TNC |
| C. | Globalisation |
| D. | WTO |
| Answer» D. WTO | |
| 69. |
_________ allows a company to conduct business in another country whose laws discourage foreign ownership |
| A. | Contract Manufacturing |
| B. | Licensing |
| C. | Franchising |
| D. | Joint venture |
| Answer» C. Franchising | |
| 70. |
_________ is a separate company organised under a foreign nations legal code with accountability distinct from the parent company. |
| A. | Foreign subsidiary |
| B. | Oversees branch |
| C. | Assembly operation |
| D. | Fully owned manufacturing |
| Answer» B. Oversees branch | |
| 71. |
_________ was a Multilateral treaty encompassing rules and disciples for an orderly world trading system. |
| A. | GATT |
| B. | ITO |
| C. | ECM |
| D. | SAARC |
| Answer» B. ITO | |
| 72. |
________ is the process of contracting with foreign firms granting them proprietary right to use technology, copyrights, trade marks, brand names etc. |
| A. | Franchising |
| B. | Licensing |
| C. | Contract |
| D. | None of the above |
| Answer» C. Contract | |
| 73. |
Companies establish foreign subsidiary and empowers its executives is _________ |
| A. | Regio centric |
| B. | Geocentric |
| C. | Poly centric |
| D. | Ethno centric |
| Answer» D. Ethno centric | |
| 74. |
Under _________ approach companies view the entire world as a single country. |
| A. | Geocentric |
| B. | Regio centric |
| C. | Poly centric |
| D. | Ethno centric |
| Answer» B. Regio centric | |
| 75. |
A company doing international marketing contracts with a foreign producer to manufacture or assemble the products for a sale in the foreign market is ________ |
| A. | Management contract |
| B. | Contract Manufacturing |
| C. | Turnkey Contract |
| D. | Licensing |
| Answer» C. Turnkey Contract | |
| 76. |
_________ transfers are selling of products by a company to its affiliated company in host country. |
| A. | Indirect export |
| B. | Direct exporting |
| C. | Intra-corporate |
| D. | All the above |
| Answer» D. All the above | |
| 77. |
________ means setting a products a company to its affiliated company in host country. |
| A. | Direct exporting |
| B. | Intra corporate transfer |
| C. | indirect exporting |
| D. | Exporting |
| Answer» C. indirect exporting | |