Business Environment and International Business MCQs

Reasons for non-expansion of exports of Less Developed Countries (LDCs) are

Which one of the following correspond to the member and observer countries of the SAARC? (i) India, Pakistan, Bangladesh, Bhutan, Nepal, Sri Lanka, Afghanistan, Maldives (ii) Iran, China, Japan, USA, South Korea, European Union (iii) Pakistan, Nepal, India, Bangladesh, Iran (iv) UK, USA, North Korea, South Africa

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.

Foreign Exchange and foreign currencies in India are governed by:

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.

Relaxing the restrictions and controls imposed on business and industry means

If the price elasticity of demand for exports is zero, then exports in local currency will

Which of the following statements is/are incorrect?

Which of the following two schemes were introduced under the new foreign trade policy, 2015-2020?