Business Environment And International Business - Study Mode

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[#436] Out of the following, which four benefits are available to host countries from MNCs? (1) Transfer of technology (2) Learning of business mannerism (3) Strategic information sharing (4) Creation of jobs (5) Entertainment (6) Better utilization of resources (7) Enhancing social contacts (8) Improved competition in local economy

(A) 1, 3, 5 and 7

(B) 2, 4, 6 and 8

(C) 1, 4, 6 and 8

(D) 3, 6, 7 and 8

Correct Answer

(C) 1, 4, 6 and 8

[#437] Which of the following is not an element of the micro environment of business?

(A) Suppliers

(B) Competitors

(C) Trade Policy

(D) Public

Correct Answer

(C) Trade Policy

[#438] Which of the following statement is true in context of monetary policy in India?

(A) Repo rate should always be greater than reverse repo rate

(B) Reverse repo rate should always be greater than repo rate

(C) Both repo rate and reverse repo rate should be equal

(D) Reverse repo rate is always an alternative rate to repo

Correct Answer

(A) Repo rate should always be greater than reverse repo rate

[#439] The main features of TRIMS are: (i) All restrictions on foreign capital are imposed. (ii) No restriction is imposed on any area of investment. (iii) Restrictions on repatriation of dividend is eliminated. (iv) Imports of raw material is allowed freely. (v) No limit on the extent of foreign investment. Indicate the correct combination

(A) (i), (ii), (iii) and (v)

(B) (ii), (iii), (iv) and (v)

(C) (iii), (iv) and (v)

(D) (iv) and (v)

Correct Answer

(B) (ii), (iii), (iv) and (v)

[#440] Consider the following statements. Statement I: During the period of prosperity changes in incomes of the people and prices of goods affect exports and imports of goods and thereby influence the balance of payments. Statement II: Cyclical disequilibrium is caused by the fluctuations in the economic activity or what are known as trade cycles.

(A) Statement I is correct, but II is incorrect

(B) Statement II is correct, but I is incorrect

(C) Both the statements I and II are correct

(D) Both the statements I and II are incorrect

Correct Answer

(C) Both the statements I and II are correct