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Current Affairs January 2024

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The role of women is restricted in

A. Eastern countries.

B. Middle East countries.

C. Traditional Islamic countries.

D. India.

Correct Answer :

C. Traditional Islamic countries.


Related Questions

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Social stratification is done based on

A. Income level.

B. caste.

C. education.

D. any of the above.

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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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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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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

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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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The country that attracts the largest FDI inflow is

A. India

B. China

C. USA

D. Brazil

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The essential feature of FDI is

A. Investment of a very high value.

B. Investment in shares.

C. Investors influence on the management of the enterprise.

D. Investment of low value.

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The country that attract the largest FDI inflow is

A. USA

B. INDIA

C. CHINA

D. BRAZIL

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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.

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The basic objective of export Promotion Council is to promote and develop the Exports of the

A. Particular products of country

B. Only attractive projects of the country

C. Only services industry products of the country

D. Overall exports of the country.

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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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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.

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The following factors are key drivers of globalisation

A. Government action, exchange rates, competition and sociodemographic factors.

B. Market convergence, competition, exchange rates and cost advantages.

C. Cost advantages, government action, economic cycles and competition.

D. Market, cost, competition and government policies.

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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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Conglomerate FDI refers to

A. FDI made by a group of firms.

B. FDI made in subsidiaries.

C. FDI made in similar products.

D. FDI made in unrelated products.

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Firm that operates internationally is able to

A. earn a greater return from their skills and core competencies

B. realize location economies where they can be performed most efficiently

C. realize greater experience curve economies, which reduces the cost of production

D. All the above

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A contract drafted under civil law differs from that drafted under common law in the following respect

A. It will be detailed.

B. It will be shorter and less specific.

C. It will provide less severe damages.

D. It will be in detail.

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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.

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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.

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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.

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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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Religion of a person affects his/her

A. attitude towards entrepreneurship.

B. gifting practices.

C. use of products.

D. all of the above.

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________theory states that, lack of resources often helps countries to become competitive

A. Competitive theory

B. Porters Diamond Model

C. Theory of Mercantilism

D. Product life cycle theory

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4

The role of women is restricted in

A. Eastern countries.

B. Middle East countries.

C. Traditional Islamic countries.

D. India.

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4

General Agreement on Trade in Services will not be applicable to

A. Services supplied from one country to another cross border supply

B. Transaction of goods across the border Export Import

C. Individuals traveling from own country to supply services in another presence of natural persons.

D. Consumers/firms making use of a service in another country consumption abroad.

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Which is the right sequence of a stages of Internationalization

A. Domestic, Transnational, Global, International, Multinational

B. Domestic, International, Multinational, Global, Transnational

C. Domestic, Multinational, International, Transnational, Global

D. Domestic, International, Transnational, Multinational, Global

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Ultimately ……………… was replaced by the …………….on 1st Jan 1995

A. GATT/WTO

B. GATS/IMF

C. WTO/WORLD BANK

D. WORLD BANK/WIPO

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The following is not a component of culture

A. Attitudes.

B. Beliefs.

C. Education.

D. Life expectancy.

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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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The stage indicating highest level of economic growth is

A. age of mass consumption.

B. age of mass production.

C. maturity.

D. drive to maturity.