Business Environment And International Business - Study Mode

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[#56] Which of the following is not the objective of fiscal policy in India?

(A) Enhances liquidity in economy

(B) Promote employment opportunities

(C) Promote price stability

(D) Remove income and asset unequality

Correct Answer

(A) Enhances liquidity in economy

[#57] 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

(A) a-3, b-1, c-2, d-4

(B) a-2, b-1, c-3, d-4

(C) a-4, b-2, c-1, d-3

(D) a-1, b-2, c-4, d-3

Correct Answer

(A) a-3, b-1, c-2, d-4

[#58] 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

(A) Both 1 and 2 are correct

(B) Both 1 and 2 are incorrect

(C) Only 1 is correct

(D) Only 2 is correct

Correct Answer

(C) Only 1 is correct

[#59] 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

(A) a-3, b-2, c-1

(B) a-2, b-1, c-3

(C) a-2, b-3, c-1

(D) a-1, b-2, c-3

Correct Answer

(A) a-3, b-2, c-1

[#60] 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?

(A) Both 1 and 2

(B) Both 2 and 5

(C) 1, 2 and 3

(D) Both 3 and 4

Correct Answer

(B) Both 2 and 5