Business Environment and International Business MCQs

Which of the following are the benefits of creating MNCs?
(1) Costs can be reduced
(2) Expansion of sales
(3) Secured supply
(4) Development of conducive organizational structure
(5) Technology Transfer to the recipient nation

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.

Out of the following, which are the important objectives of IMF?
(i) To promote exchange rate stability
(ii) To create standby reserves
(iii) To print International currency notes
(iv) To establish a multilateral system of payments
(v) To maintain orderly exchange rate stability
(vi) To create employment

In relation to the 'veil of incorporation' that is a feature of a limited company's separate legal personality, in which of the following circumstances will a court not lift the veil to identify the true nature of the relationship?
1. Where the company has been established to commit a fraud. 2. Where the company has been established to contractual agreements.
3. In the interests of Justice.
4. Where two separate legal entities are run as one economic undertaking.
Select the correct answer using the options given below

Under the Foreign Trade Policy 2015-2020, which of the following additional ports are allowed for export and import?
(1) Calicut Airport, Kerala
(2) Rajkot Airport, Gujarat
(3) Arakonam lCD, Tamil Nadu
(4) Ludhiana Airport, Punjab

Which of the following statements is/are incorrect?

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

Arrange the following concepts/acts in the order in which they came into force.
1. Competitinon Act.
2. Foreign Exchange Management Act.
3. Consumer Protection Act.
4. Securities and Exchange Board of India Act.

Which of the following statement(s) is/are correct?
1. Profit advantage is objective of international business.
2. International business helps in removing domestic market constraints.
3. International business shrink business risk.