Classical

Business Environment - Business Environment Objective Type Questions

41:  

--------- economy is not planned, controlled or regulated by the Government

A.

Closed Economy 

B.

Mixed economy

C.

Free market economy

D.

None of these

 
 

Option: C

Explanation :


42:  

What does the PFI initiative refer to ?

A.

Private Finance Initiative

B.

Private Fiscal Initiative

C.

Public Financial Initiative

D.

Private Foundation Investment

 
 

Option: A

Explanation :


43:  

---------- is the apex body of the economic planning in India

A.

Planning Commission

B.

Parliament

C.

Supreme Court

D.

None of these

 
 

Option: A

Explanation :


44:  

Globalisation is beneficial for firms because

A.

It protects them against foreign competition

B.

It cushions them from the effect of events in other countries

C.

It opens up new market opportunities

D.

It increses the risk and uncertainty of operating in globalizing world economy

 
 

Option: C

Explanation :


45:  

What is triple bottom line audit ?

A.

A social , economic and environmental audit

B.

An audit of three major financial projects of a business

C.

An audit by the Physical Health of the employees

D.

An audit of the all Sporting resources of enterprise

 
 

Option: A

Explanation :




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