Business Environment Questions and Answers | Online Quiz for Practice

46. Which industries provide essential inputs for the development of other industries and economy

1. Basic industries
2. Capital goods industries
3. Service sector
4. Allied industries

47. Which is not a tariff barrier?

1. Quota system
2. Compound duty
3. Specific duty
4. Sliding Scale

48. Which of the following denote the structural changes in Indian economy?

1. All the above
2. Service sector contribution has gone up.
3. Secondary sector has not changed much
4. Primary sector contribution has gone down

49. Which of the following is not an international organization?

1. CBDT
2. SAARC
3. ADB
4. ASEAN

50. Which of the following is part of monetary policy decision?

1. All the above
2. Fixing SLR
3. Fixing CRR
4. Demonetization

51. Which one is not an element of legal environment?

1. Negotiable Instruments Act 19881
2. Act of Parliamentarians in Lok Sabha
3. Indian Contract Act, 1972
4. Indian Partnership Act 1932

52. Which one is not the main objective of fiscal policy of India?

1. To promote employment opportunity
2. To increases liquidity in the economy
3. To minimize inequalities of income
4. To promote price stability

53. Who is the Chairperson of NITI Aayog?

1. Prime Minister
2. President
3. Finance Minister
4. A senior IAS Officer

54. Who is the current Chairman of NITI Aayog

1. None of these
2. Narendra Modi
3. Nirmala Sitaraman
4. Amithab kand

55. Who represents a State in NITI Aayog Governing council?

1. Chief Secretary
2. State Finance minister
3. Chief Minister
4. Governor

56. Who represents a State in NITIs Regional council?

1. Chief Secretary
2. State Finance minister
3. Governor
4. Chief Minister

57. Who was the predecessor of WTO?

1. UNCTAD
2. GATT
3. GAAT
4. ITO

58. WTO is headquartered in

1. Washington DC
2. Paris
3. Colombo
4. Geneva

59. ...........are generally considered as controllable factors

1. None of these
2. Internal factors
3. External factors
4. Cost of production

60. ...........are goods undergone manufacturing process and are meant for further processing

1. None of the above
2. Intermediate goods
3. semi-finished goods
4. Work-in-progress