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Current Affairs January 2024

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Credits transferable by original beneficiary in favor of secondary beneficiary are known as

A. Deferred credits

B. Transit credits

C. Instalment credits

D. Transferable credits

Correct Answer :

A. Deferred credits


Related Questions

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Subsidiaries consider regional environment for policy / Strategy formulation is known as

A. Polycentric Approach

B. Regiocentric Approach

C. Ethnocentric Approach

D. Geocentric Approach

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For the society, religion has no influence on

A. holidays.

B. language.

C. role of women.

D. marketing practices.

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Theory of Mercantilism propagates

A. Encourage imports and exports

B. Encourage exports and discourage imports

C. Discourage imports

D. None of these

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Quantitative restrictions refer to limit set by countries to curb

A. Imports

B. Exports

C. Imports and Exports

D. All of the above

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Which of the following is an advantage of turnkey projects?

A. Can earn a return on knowledge asset

B. Will not create a competitor

C. Tight control of operations

D. All the above

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The Theory of Relative Factor Endowments is given by

A. Ohilin-Hecksher

B. FY Taylor

C. Richardo

D. Porter

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Ownership of intellectual property is recognized in law by granting

A. Licenses.

B. Patents.

C. Copyrights.

D. Patent, copyright or trademark as appropriate.

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By having business in different countries, a firm reduces

A. credit risk.

B. political risk.

C. financial risk.

D. business risk.

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A country in the stage of traditional society is characterized by

A. existence of traditional rule.

B. non existence of industries.

C. predominance of agriculture.

D. complete absence of literacy.

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International business does not result in the following

A. Innovation is encouraged.

B. International cooperation is encouraged.

C. Imports are rendered cheap.

D. Consumption is minimized.

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The five forces that affect the level of competition in an industry are

A. Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry.

B. Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession.

C. Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry.

D. Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action

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Business across several countries with some decentralization of management decision making to subsidiaries is

A. Global business.

B. Multinational business.

C. Transnational business.

D. Multi-regional business.

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Uneven distribution of natural resources

A. is the only cause for international business.

B. is the major factor for international business.

C. is among the major factors for international business.

D. is not a cause for international business.

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General electric follows ___________ as its international operational strategy

A. GLOBAL

B. TRANSNATIONAL

C. INTERNATIONAL

D. MULTI-DOMESTIC

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The first phase of globalization started around 1870 and ended with …

A. The World War I

B. The World War II

C. The Establishment of GATT

D. In 1913 when GDP was high

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Geographical indications specify

A. Place of origin of goods.

B. Special characteristics of the product associated with the place of origin.

C. Place and special characters of the product.

D. Place or special characters of the product.

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B2B sector specific policy of Indian Government is

A. FDI up to 100% subject to condition that they invest 26 % in favour of Indian Public within 5 yrs

B. FDI up to 100%

C. FDI up to 100% subject to condition that they invest 26 % in favor of Indian Public within 10 yrs

D. FDI up to 49%

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The Theory of Absolute Cost Advantage is given by

A. Adam smith

B. D. Richardo

C. Raymond Varnoon

D. Porter

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By entering into international business, a firm expects improvement in

A. Marketing.

B. All spheres of marketing, operation and finance simultaneously.

C. Any or all spheres of marketing, operation and finance.

D. Finance only.

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General electric follows ___________ as its international operational strategy

A. Global

B. International

C. Multi-domestic

D. Transnational

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In relation to the PESTEL framework, which of the following statements is correct?

A. It assists in the assessment of organisational strengths and weaknesses.

B. It allows a detailed analysis of the structure of an industry.

C. It can be used as a checklist to understand the different environmental influences in the macro environment.

D. Takes an historical perspective on the main political, economic, sociocultural, technological, environmental and legal factors.

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In a business cycle, the phase preceding prosperity is

A. recession.

B. depression.

C. recovery.

D. recession or depression.

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According to this theory the holdings of a countrys treasure primarily in the form of gold constituted its wealth.

A. Gold Theory

B. Ricardo Theory

C. Mercantilism

D. H .O. THEORY

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3.Identify a factor that doesnt play an important role in attracting FDI

A. Language

B. Laws, rules and regulations

C. Cost of resources

D. Infrastructure related factors

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The disadvantages of Greenfield FDI as compared to acquisition is

A. Profit will be less.

B. Size of investment will be high.

C. Lesser control in management.

D. Delay in establishment.

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Identify a factor that doesnt play an important role in attracting FDI

A. Laws, rule sand regulations

B. Administrative procedures and efficiency

C. Infrastructure related factors

D. Language

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Professional culture refers to

A. Shared belief of top managers about how they should manage themselves and their employees

B. Shared code of ethics and other commonalities shared by members of a given group

C. Both (a) and (c)

D. None of the above

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When the transaction is of high value, complex In nature and more technical __________ method of the export sales contract is used.

A. Performa invoice

B. Purchase order

C. Sales contact

D. None of the above

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Scenarios are used to

A. Develop a long term view of strategy.

B. Build plausible views of different possible futures and develop a long term view of strategy.

C. Identify key drivers of change.

D. Develop a view of an environment which has a high degree of uncertainty, build plausible views of different possible futures and take a long term view of strategy.

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Power distance Index (PDI) of 77 compared to a world average of 56.5 for India indicates

A. High level of inequality of power and wealth within the society

B. Low level of inequality of power and wealth within the society

C. High level of Political corruption

D. Low level of Human development Index