Classical

Business Environment - Business Environment Objective Type Questions

1:  

Which committee recommended the enactment of Competition Act?

A.

High Level committee on competition policy and Law

B.

A committee on Law and Order

C.

A Central committee for Research and Policy

D.

None of these

 
 

Option: A

Explanation :


2:  

The method used for transferring complex technology is

A.

Trunkey contracts

B.

Licensing agreements

C.

Training of experts 

D.

None of these

 
 

Option: A

Explanation :


3:  

This is the Government's strategy in respect of public expenditure and revenue which have a significant impact on business

A.

Monetory Policy

B.

Fiscal Policy

C.

Trade Policy

D.

Foreign exchange policy

 
 

Option: B

Explanation :


4:  

FEMA was passed in the year 

A.

1999

B.

1989

C.

2000

D.

1997

 
 

Option: A

Explanation :


5:  

Competition Act was enacted in the year ------

A.

June 2002

B.

Dec. 2002

C.

January 1999

D.

None of these

 
 

Option: B

Explanation :




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  • This section contains

    • Business  Environment multiple Choice questions Answers

    • Business  Environment Objective type questions answers 

    • Business  Environment Quiz

  1. Business Environment questions answers can be used for the preparation of various undergraduate, postgraduate and entrance exams like ugc net, bcom, mcom and many other.
  2. Business Environment Multiple Choice Questions Answers  for the preparation of quizzes by any commerce student.
  3. Business Environment Obective type Questions Answers can be used in preparation of ugc net commerce exams.
  4. Business Environment Material can be used to gain a credit score in various undergraduate and post graduate commerce courses like B com and Mcom
  5. This section can be used by any student of XI or XII standard who has opted to study commerce to increase his knowledge in Business  Environment.