Business Environment And International Business - Study Mode

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[#296] Consumer attitudes and beliefs about diet, health and nutrition are infuenced by

(A) Economic environment

(B) Cultural environment

(C) Social environment

(D) Natural environment

Correct Answer

(B) Cultural environment

[#297] Select the correct option of the following statements being correct or incorrect. Statement (I): International liquidity encompasses the international reserves only. Statement (II): International liquidity covers only official holdings of gold, foreign exchange, SDRs and reserve position in the IMF available for the settlement of the international transactions.

(A) Both the statements are correct

(B) Both the statements are incorrect

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

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

Correct Answer

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

[#298] Foreign Exchange and foreign currencies in India are governed by:

(A) SCRA Act

(B) Banking Regulation Act

(C) FEMA Act

(D) SEBI Act

Correct Answer

(C) FEMA Act

[#299] Match the items of List-I with those in List-II and select the correct answer. List-I List-II a. Bank Rate Policy 1. Involving the shortening of the currency of bills eligible for rediscount. b. Credit Rationing 2. Involving the purchase and sale of securities in the open market. c. Variable Reserve System 3. Involving the alteration of discount rate. d. Open Market Operations 4. Involving the Variation of the minimum reserve.

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

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

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

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

Correct Answer

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

[#300] Relaxing the restrictions and controls imposed on business and industry means

(A) Liberalization

(B) Privatization

(C) Globalization

(D) None of these

Correct Answer

(A) Liberalization