Classical

Business Environment - Business Environment MCQ

41:  

 Industrial policy resolution 1956 divided industries into ----------- categories

A.

2

B.

3

C.

4

D.

5

 
 

Option: B

Explanation :

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42:  

Globalisation means

A.

Adopting a global outlook for business

B.

Inviting multinationals in the country

C.

Selling in the foreign market

D.

All of the above

 
 

Option: A

Explanation :

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UPASANA said: (3:18am on Friday 19th June 2015)
It should be D as globalization involves integration of one economy with the world economy which should include B

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43:  

Consumer protection in India is ensured by

A.

 Consumer protection Act, 1946

B.

 Consumer protection Act, 1986

C.

 Consumer protection Act, 1990

D.

 Consumer protection Act, 1968

 
 

Option: B

Explanation :

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44:  

VAT is imposed

A.

Directly on Consumers

B.

On final Stage of production

C.

On all stages from Production to final sale

D.

None of the above

 
 

Option: C

Explanation :

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KAMAL CHANDHOK said: (7:51am on Wednesday 15th June 2016)
THE RIGHT ANSWER IS OPTION [C]

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45:  

As per Industrial Policy resolution 1956, reserved industries for public sector are 

A.

12

B.

14

C.

16

D.

17

 
 

Option: D

Explanation :

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