McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .
Chapters
| 51. |
As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn’t 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. |
| Answer» A. Direct payments to farmers are permitted. | |
| 52. |
The limit of holdings by Individual Foreign Institutional Investors in a Company has been raised from 5 to 10 % of the company’s shares, while the aggregate limit has been increased from 24 to 34 %. |
| A. | True |
| B. | False |
| C. | all |
| D. | none |
| Answer» A. True | |
| 53. |
Quantitative restrictions refer to limit set by countries to curb |
| A. | Imports |
| B. | Exports |
| C. | Imports & exports |
| D. | None of the above |
| Answer» C. Imports & exports | |
| 54. |
A Most Favored nation status doesn’t necessarily refer to |
| A. | Same and equal economic treatment |
| B. | Non-discriminatory treatment |
| C. | Same tariff rates applicable |
| D. | Uniform civil code |
| Answer» D. Uniform civil code | |
| 55. |
The world trade organization was formed in the year _________ with GATT as it basis. |
| A. | 1993 |
| B. | 1994 |
| C. | 1995 |
| D. | 1996 |
| Answer» C. 1995 | |
| 56. |
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 |
| Answer» A. High level of inequality of power and wealth within the society | |
| 57. |
Specific cultural dimensions that does not have a significant impact on cross-national business interactions is |
| A. | Hofstede’s five cultural dimensions |
| B. | Monochromatic vs polychromatic tune |
| C. | Communication |
| D. | Geography |
| Answer» D. Geography | |
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