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