Business Environment and International Business MCQs
Practice free Business Environment and International Business multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 873 questions — no login required.
Question 847easy
Which of the following constitute Capital Account?
(i) Foreign Loans
(ii) Foreign Direct Investment
(iii) Private Remittances
(iv) Portfolio Investment
(i) Foreign Loans
(ii) Foreign Direct Investment
(iii) Private Remittances
(iv) Portfolio Investment
Question 848hard
Match List-I with List-II and select the correct answer:
| List-I | List-II |
| a. Comparative cost theory of international trade | 1. Gottfried Haberler |
| b. International trade theory of opportunity cost | 2. J. S. Mill |
| c. Factor endownment theory of international trade | 3. David Ricardo |
| d. Doctrine of reciprocal demand | 4. Hecksher Ohlin |
Question 849hard
Match the following in the term of Books and Authors:
| Books | Authors |
| a. India and Economic Reforms | 1. Bhagwati. J. |
| b. Development Planning: The Indian Experience | 2. Chakravarty. S. |
| c. India: Economic and Development and Social Opportunity | 3. Drenz, J. Amartya Sen |
| d. Fiscal Policy of Underdeveloped Countries | 4. Chelliah, R. J. |
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Question 850medium
The different forms of IMF assistance are given below.
Identify the one which is mainly meant for Less Developed Countries (LDCs).
Identify the one which is mainly meant for Less Developed Countries (LDCs).
Question 851hard
Consider the following statements.
Assertion (A): The import volume tends to be very high when there is simultaneous high eco-nomic growth rate and a sharp fall in the relative price of imports and vice versa.
Reason (R): High rate of growth, ceteris paribus, is associated with rise in imports and increase in the imports, ceteris paribus, is associated with a fall in the relative price of imports.
Assertion (A): The import volume tends to be very high when there is simultaneous high eco-nomic growth rate and a sharp fall in the relative price of imports and vice versa.
Reason (R): High rate of growth, ceteris paribus, is associated with rise in imports and increase in the imports, ceteris paribus, is associated with a fall in the relative price of imports.
Question 852hard
Consider the following statements.
Assertion (A): Under FEMA, the receiver of laundered money is to be made culpable, instead of sender/ distributor.
Reason (R): FEMA differs from the earlier exchange regulation Act FERA with regard to penalties and punishment in case of violation of the Act.
Assertion (A): Under FEMA, the receiver of laundered money is to be made culpable, instead of sender/ distributor.
Reason (R): FEMA differs from the earlier exchange regulation Act FERA with regard to penalties and punishment in case of violation of the Act.
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Question 853hard
Match the following.
| List-I | List-II |
| a. Micro environment | 1. Interest rate |
| b. Macro environment | 2. Restrictions of WTO |
| c. Political environment | 3. Suppliers |
| d. Globalisation environment | 4. Planning Commission |
Question 854hard
Match the items of List-I with those of List-II with regard to international monetary fund's various schemes:
| List-I | List-II |
| a. Extended Fund Facility (EFF) | 1. Repayment period 4 to 10 years |
| b. Stan Arrangements | 2. Repayment period 3 to 5 years |
| c. Supplemented Reserve Fund (SRF) | 3. Repayment period 2 to 5 years |
| d. Poverty Reduction and Growth Facility (PRGF) | 4. Repayment period 10 years |
Question 855medium
Consider the following statements.
Assertion (A): Economic integration abolishes cross-national economic discrimination.
Reason (R): Geographical proximity is an important reason for economic integration.
Assertion (A): Economic integration abolishes cross-national economic discrimination.
Reason (R): Geographical proximity is an important reason for economic integration.