Classical

Business Environment - Business Environment Questions

16:  

Reasons for adopting globalisation 

A.

Profit advantage

B.

Growth Opportunity

C.

Domestic Market Constraints

D.

Spin off benefits

 
 

Option: D

Explanation :


17:  

Read the following statements and choose the correct answer

 (i) Political environment refers to all forces which have an economic impact on business

 (ii) Economic environment refers to all forces which have an economic impact on business

(iii) Technological Environment exercise not considerable influence on Business

(iv) Social and cultural environment refers to the influence exercised by certain factors

A.

Only (i) and (ii) are true

B.

all the above statements are true

C.

(i), (ii) and (iv) are true

D.

all the statements are false

 
 

Option: C

Explanation :


18:  

Which is true for existing Economic and Industrial policies of Indian Government ?

(i) FERA was abolished

(ii) MRTP was abolished

(iii) Cash compensatory support for export was abolished

(iv) Industrial Licensing (except a few goods) was abolished

A.

(i), (ii), (iii) and (iv)

B.

(i), (iii) and (iv)

C.

Only (iii) and (iv)

D.

Only (ii) and (iii)

 
 

Option: C

Explanation :


19:  

The essential commodities act was passed in  the year ---

A.

1952

B.

1945

C.

1959

D.

1955

 
 

Option: D

Explanation :


20:  

Which combination of the following factors has driven globalisation in the recent past?

(i) Growth of multinational corporations

(ii) Internationalisation of finance

(iii) Increased international trade

A.

(i) and (ii)

B.

(i) and (iii)

C.

(ii) and (iii)

D.

(i),(ii) and (iii)

 
 

Option: C

Explanation :




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