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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 | |