Business Environment And International Business - Study Mode

[#516] Arrange the following concepts/acts in the order in which they came into force. 1. Competitinon Act. 2. Foreign Exchange Management Act. 3. Consumer Protection Act. 4. Securities and Exchange Board of India Act.
Correct Answer

(A) 3, 4, 2, 1

[#517] Economic elements of business environment are
Correct Answer

(A) budget and investment condition

[#518] The devaluation of currency of a country is done when 1. it has adverse balance of payment. 2. it has favourable balance of payment. Select the correct answer using the options given below
Correct Answer

(A) Both 1 and 2

[#519] Who was shown, how international trade leads to equalisation of factor prices?
Correct Answer

(B) Prof. Bertil Ohlin

[#520] Concessions mainly multinational in character come under the principle of
Correct Answer

(B) Reciprocity