Home
Current Affairs January 2024

What is the correct answer?

4

The income level of residents in a country is indicated by

A. gross national income.

B. gross domestic product.

C. per capita gross national income.

D. per capita gross domestic product.

Correct Answer :

C. per capita gross national income.


Related Questions

What is the correct answer?

4

Countries/ regions with huge market size will attract

A. Market seeking FDI.

B. Efficiency seeking FDI.

C. Vertical FDI.

D. Created assets seeking FDI.

What is the correct answer?

4

Which of these is/are the characteristic of a licensing agreement

A. The licensor might provide access to some of its patents or trademarks

B. The licensor might provide access to technology

C. It might be used to avoid the risks of foreign involvement

D. All of the above

What is the correct answer?

4

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.

What is the correct answer?

4

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.

What is the correct answer?

4

The country that attract the largest FDI inflow is

A. USA

B. INDIA

C. CHINA

D. BRAZIL

What is the correct answer?

4

For a country with relatively lower level of cost of living PPP per capita GNI will be

A. lower than per capita GNI.

B. higher than per capita GNI.

C. same as per capita GNI.

D. may be lower or higher than per capita GNI.

What is the correct answer?

4

The role of women is restricted in

A. Eastern countries.

B. Middle East countries.

C. Traditional Islamic countries.

D. India.

What is the correct answer?

4

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

What is the correct answer?

4

In a business cycle, the phase preceding prosperity is

A. recession.

B. depression.

C. recovery.

D. recession or depression.

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

Specific cultural dimensions that does not have a significant impact on cross-national business interactions is

A. Hofstedes five cultural dimensions

B. Monochromatic vs polychromatic tune

C. Communication

D. Geography

What is the correct answer?

4

A Most Favoured nation status doesnt necessarily refer to

A. Same and equal economic treatment

B. Non-discriminatory treatment

C. Same tariff rates applicable

D. Uniform civil code

What is the correct answer?

4

The following nationals would be aggressive at the beginning of business negotiations, but offer large concessions in the end

A. American.

B. Russian.

C. German.

D. Japanese.

What is the correct answer?

4

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.

What is the correct answer?

4

Quantitative restrictions refer to limit set by countries to curb

A. Imports

B. Exports

C. Imports & exports

D. None of the above

What is the correct answer?

4

As a part of WTO guidelines, Agreement on Agriculture (AOA) doesnt consider

A. Direct payments to farmers are permitted.

B. Indirect assistance and support to farmers including R & D support by govt. are not permitted

C. Domestic policies which directly effect on production and trade have to be cut back.

D. Least developed countries do not need to make any cuts.

What is the correct answer?

4

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.

What is the correct answer?

4

The world trade organization was formed in the year _________ with GATT as it basis.

A. 1993

B. 1994

C. 1995

D. 1996

What is the correct answer?

4

Lower power distance countries are characterized by

A. relationships based on equality and informality.

B. authority being accepted without question.

C. managers being paternalistic.

D. tall organizations structure.

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

The income level of residents in a country is indicated by

A. gross national income.

B. gross domestic product.

C. per capita gross national income.

D. per capita gross domestic product.

What is the correct answer?

4

The following statement with respect to culture is false

A. Culture is enduring.

B. Culture is changing.

C. Culture is evolved among the members of a society.

D. Culture is determined by national boundaries.

What is the correct answer?

4

By having business in different countries, a firm reduces

A. credit risk.

B. political risk.

C. financial risk.

D. business risk.

What is the correct answer?

4

The agreement signed by Ranbaxy Laboratory and Bayer AG of Germany in the year 1999 is an example of

A. Subsidiary

B. Joint venture

C. Strategic International Alliance

D. License agreement

What is the correct answer?

4

As a part of WTO guidelines, Agreement on Agriculture (AOA) doesnt consider

A. Direct payments to farmers are permitted.

B. Indirect assistance and support to farmers including R & D support by govt. are not permitted.

C. Domestic policies which directly effect on production and trade have to be cut back.

D. Least developed countries do not need to make any cuts.

What is the correct answer?

4

Capitalistic, communistic and mixed are the types of

A. Economic system

B. Political system

C. Social System

D. Cultural Attitudes

What is the correct answer?

4

Trade Related Investment Measures (TRIMS) doesnt apply for

A. Measures that affect trade in goods.

B. Measures that lead to restrictions on quantities.

C. Discouraging measures that limit a companys imports.

D. Discouraging measures that limit a companys exports.