Business Environment and International Business MCQs

The components of WTO are

Match the items of List I with List II and indicate the correct matching. List-I List-II a. Micro external environment 1. Economic and political factors b. Macro external environment 2. Competition among diverse products targetting disposable income of consumers c. Non-price competition 3. Input suppliers d. Desire competition 4. Sponsoring of events like sports

Match items of List I with List II relating to macro environment of business and indicate the correct matching. List-I List-II a. Economic environment 1. Ethical issues b. Political and government 2. Trade and transport policies environment c. Socio-cultural environment 3. Economic stratification of population d. Demographic environment 4. Judiciary powers

Which one of the following is the main government agency responsible for development and monitoring international trade in India?

Match the items of List I with the items of List-II and choose the correct answer: List-I List-II a. Balance of trade 1. Imports and exports of goods and services and unilateral transfer of goods and services b. Current account 2. Transactions leading to changes in the financial assets and liabilities of a country c. Balance of payments 3. All economic transactions between a country's residents and residents of other countries d. Capital account 4. Value of exports and imports of a country

The apex consumer court in India is refered to as

Which of the following is not the agency of World Bank?

Internal environment of a business includes 1. Business ethics and moral standards. 2. Business and managerial policies. 3. Prospects of business development. 4. Government rules and regulations. 5. Industrial relations. Select the correct answer:

If a country has a floating (flexible) exchange rate, which one of the following would lead to a fall (depreciation) in the rate of exchange for its currency into the economy?