Business Environment and International Business MCQs

Which of the following statement is true in context of monetary policy in India?

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

The comparative cost theory of international trade was developed by

Which one among the following is not the salient feature of industrial policy since 1991?

Match the following. List-I List-II a. Importing 1. Modes of international business b. Marketing 2. Functions of international business c. Sales expansion 3. Objectives of international business d. Economic forces 4. External influence

Match the following. List-I (Economic Systems) List-II (Features) a. Traditional economy 1. Produces only those goods and services, which are required for the survival or which they want to consume b. Capitalism 2. The freedom of occupation is absent or restricted c. Socialism 3. Consumers have complete freedom of choice of consumption d. Mixed economy 4. The private sector operates primarily with a profit motive and public sector seeks to achieve social welfare

The most prevalent example of an economic integration emerging as part of an effort to ensure peace and security is

Associate institutions of World Bank are

Consider the following statements. Assertion (A): Indian companies have established subsidiaries and joint ventures in a number of countries in different manufacturing industries and service sectors. Reason (R): By restricting the areas of operations and growth, the government policy seriously constrained the potential of Indian companies to make a foray into the foreign countries.