Avatto > Company Secretary Executive Entrance Test > PRACTICE QUESTIONS > Business Environment And Law > Business Environment

Business Environment And Law MCQ - Business Environment

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

37 Which combination of the following factors has driven globalization in the recent past?
(i) Growth of multinational corporations

(ii) Internationalisation of finance

(iii) Increased international trade

38 Consumers have the right
(i) to be protected against goods and services that are hazardous to life and property.

(il) to assure wherever possible access to a variety of goods; and services at national prices.

39 Arrange the following Acts in the order in which they came into force.
(i) The Monopolies Restrictive Trade Practices Act
(ii) Indian Contract Act
(iii) The Sale of Goods Act
(iv) The Foreign Exchange Management Act

40 Match the following components of the Business Environment.

(a) Economic Environment	(i) Exim Policy
(b) Social Environment	(ii) Customs
(c) Political Environment	(iii) Social values
(d) Legal Environment	(iv) Business Law and Banking Act

Your Progress

0%

Start Practising!

You've answered 0 of 68 questions in this topic.

Weekly Brain Battle

Complete 20 questions and set the community benchmark!

0 / 20 Start Challenge →

Practice Spotlight

Build momentum in Business Environment

Start with a short question set, review every explanation, and revisit difficult questions before moving ahead.

Day 5 / 10

Global Spotlight

Turn Mistakes Into Notes

Write one short rule from every incorrect answer. This converts mistakes into a focused revision list for Business Environment.

Day 8 / 10

Question Spotlight

Question:

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

A. 1952
B. 1945
C. 1959
D. 1955

Correct answer: D

Click to view the complete question details

Day 5 / 10 Open this question

Community Insight

Based on 8 saved attempts

Most Attempted TopicBusiness Environment
Most Challenging TopicBusiness Environment
Average Accuracy88%

Featured Question

(Based on recent community answers)

Q. #11209100% Incorrect

What does the PFI initiative refer to?

Try This Question →

Why Practice with Avatto?

High Quality MCQsExam-focused questions with accurate answers

Detailed ExplanationsStep-by-step explanations to enhance learning

Latest Exam PatternBased on updated syllabus and pattern

Performance AnalyticsTrack performance and improve weak areas

100% Free PracticePractice unlimited questions for free

Forgot your password?

I agree with the Terms.