Business Environment

11. Which of the following is NOT likely to be a benefit that host countries will obtain from MNCs?

1. Technology transfer
2. Import substitution
3. The ability to impose high tax rates on them
4. Job creation

View answer

12. Which of the following can be a disadvantage to the host country of MNC investment:

1. Drives out domestic competitors
2. Sends profits abroad
3. Threatens to leave if not "helped".
4. Imports components

View answer

13. National Income estimates in India is prepared by

1. Planning Commission
2. RBI
3. Finance Ministry
4. C.S.O

View answer

14. Mixed economy means

1. Co–existence of small and large industries
2. Promoting both agriculture and industries in the economy
3. Co–existence rich and poor
4. Co–existence of public and private sectors

View answer

15. Black money in India

1. Raises domestic prices
2. Encourages lavish consumption
3. Causes loss of revenue to the exchequer
4. Effects all of the above

View answer

16. Income tax is an item of

1. Concurrent List
2. State list
3. Union List
4. Residuary List

View answer

17. Inflation, in theory occurs

1. When prices of essential commodities outstrip income
2. When money supply grows at a higher rate than GDP in real terms
3. When exchange rate of domestic currency falls in foreign exchange markets
4. When fiscal deficit exceeds balance of payments deficit.

View answer

18. The objective of case-study is

1. Remedial
2. Diagnostic
3. Educational
4. All of the above

View answer

19. Which of the following regulates the working of stock markets in India?

1. FEMA
2. RBI
3. SEBI
4. Ministry of Finance

View answer

20. Find the odd one out

1. IOCL
2. HPCL
3. ONGC Ltd.
4. ESSAR OIL

View answer