Business Environment And International Business - Study Mode

[#176] Which of the following is not a part of machinery that settles industrial disputes?
Correct Answer

(A) Wage Court

[#177] A district forum should not consist of
Correct Answer

(C) a person who is or has been judge of a High Court

[#178] Indicate the correct answer of the following statements being correct or incorrect. The statements relate to the type of transactions recorded in the current/capital accounts of the Balance of Payments. Statement (I): The capital account consists of long-term capital transactions only. Statement (II): The current account includes all transactions which give rise to or use up national income.
Correct Answer

(D) Statement (I) is incorrect while Statement (II) is correct

[#179] Which of the following statements is not correct relating to consumerism?
Correct Answer

(B) The government does not have any role in consumer protection as it is the part of business organizations alone

[#180] The macro environment consists of
Correct Answer

(C) Public