Business Environment - Business Environment Objective Type Questions

11:  

Indian economy is an example of

A.

Capitalist economy

B.

Closed economy

C.

Mixed economy

D.

None of these

 
 

Option: C

Explanation :

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12:  

Which act was replaced with the introduction of the Competition Act 2002 ?

A.

FERA

B.

MRTP

C.

POTA

D.

None of these

 
 

Option: B

Explanation :

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13:  

----------- is an Act to control and regulate the concentration of economic power to the common detriment ?

A.

IRDA Act

B.

MRTP Act

C.

ILO Act

D.

FERA

 
 

Option: B

Explanation :

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14:  

-------- is concerned with holding balance between economic and social goals and between individual and communal goals.

A.

Corporate Management

B.

Corporate Governance

C.

Business ethics

D.

None of these

 
 

Option: B

Explanation :

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15:  

The policy of Government related to Export and Import is 

A.

IMEX policy

B.

EXIM policy

C.

Export policy

D.

None of these

 
 

Option: B

Explanation :

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