Business Environment

Business Environment MCQ Business Environment Multiple Choice Questions Business Environment Objective Type Questions Business Environment Questions

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Business Environment - Business Environment Questions

21:

Consumers have the rights

(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.

A.	Both (i) and (il) are correct.
B.	Both (i) and (il) are wrong
C.	Only (i) is correct.
D.	Only (ii) is correct.
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

22:

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

A.	(il), (iii), (i), (iv)
B.	(iii), (i), (iv) and (ii)
C.	(i), (ii), (iii), (iv)
D.	(iv), (iii), (ii), (i)
	Answer Report Discuss
	Option: A Explanation : MRTP act-1969 Indian Contract 1872 Sale of goods act 1930 FEMA 1999 Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

23:

Match the following components of Business Environment.

(a) Economic Environment (i) Exim Policy

(b) Social Environment (ii) Customs

(d) Legal Environment (iv) Business Law and Banking Act

A.	(a) (b) (c) (d) (i) (ii) (iii) (iv)
B.	(a) (b) (c) (d) (iii) (iv) (ii) (i)
C.	(a) (b) (c) (d) (iii) (i) (ii) (iv)
D.	(a) (b) (c) (d) (i) (ii) (iv) (iii)
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

24:

What is the full form of IRDA?

A.	Industrial Regulation & Development Authority
B.	Insurance Regulatory & Development Authority
C.	Indian Regulation Development Authority
D.	none of these
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

25:

Statement (A). In the context of globalisation, the most important challenge facing India is to boost exports.

Reason (R). It may increase the country's growth rate.

A.	Both (A) and (R) are true and (R) is the correct explanation of (A).
B.	Both (A) and (R) are true and (R) is the uncorrect explanation of (A).
C.	(A) is true but (R) is false.
D.	(A) is false but (R) is true.
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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