Business Environment And International Business - Study Mode

[#161] Which of the following is also known as World Bank?
Correct Answer

(B) IBRD

[#162] A tariff will not have any effect on revenue if the duty imposed is
Correct Answer

(D) Prohibitive

[#163] Which of the following is not the main objective of Fiscal Policy of India?
Correct Answer

(A) To increase liquidity in economy

[#164] A country is said to have a comparative advantage in the production of a good when:
Correct Answer

(C) it can produce it at a lower opportunity cost than its trading partners

[#165] India is regarded as a country with 'Demographic Dividend'. This is due to:
Correct Answer

(B) Its high population in the age group below 15-64 years