Tag: business studies

Quizzes (322) Questions (660)

Questions Related to business studies

Multiple choice the wto and india world trade organisation international business commerce business studies

IMF acts as a __________ credit institution.

  1. long-term

  2. short-term

  3. both A & B

  4. neither A & B
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The IMF provides short-term financial assistance to member countries to help them stabilize their balance of payments. It is not designed for long-term development financing, which is the role of institutions like the World Bank.

Multiple choice the wto and india world trade organisation international business commerce business studies

Which among the following is a function of the IMF?

  1. Acting as short term credit institution

  2. Promoting orderly adjustment of exchange rate

  3. Lending institution of foreign currency and current transaction

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The functions of IMF are :

1: Acting as a short term credit institution
2: Promoting orderly adjustment of exchange rate
3: Lending instituions of foreign currency and current transaction.

Multiple choice the wto and india world trade organisation international business commerce business studies

Which among the following is not the major objectives of the IMF?

  1. Promote international monetary cooperation

  2. Promote balanced growth of international trade

  3. Promote weapons development in developing nations

  4. All of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The major Objectives of IMF are 

1: to promote international monetary cooperation.
2: To promote balanced growth of international trade.

To promote weapons development in developing nations is not an objective of the IMF.

Multiple choice function, distinction and objectives of chambers of commerce role of chambers of commerce & industry and trade associations internal trade commerce business studies

What is the full form of CII ?

  1. Compilation of Indian Investment

  2. Confederation of Indian Industry

  3. Confederation of Inspection in Induatry

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.

Multiple choice function, distinction and objectives of chambers of commerce role of chambers of commerce & industry and trade associations internal trade commerce business studies

What is the meaning of Octroi?

  1. Tax collected on the goods and from the people entering the state or municipal limits.

  2. Tax collected from the customers present in the market.

  3. Tax levied on the goods in the market.

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Octroi, tax levied by a local political unit, normally the commune or municipal authority, on certain categories of goods as they enter the area.

Multiple choice function, distinction and objectives of chambers of commerce role of chambers of commerce & industry and trade associations internal trade commerce business studies

Name the infrastructural facilities that play a catalytic role in promoting trade.

  1. Road

  2. Port

  3. Electricity

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Catalyst trading is one of many tools used to “crack the code” of profitable stock market endeavors. The most basic aspect of catalyst trading is to foresee coming “hype” within a stock or industry, buy in advance, and sell into the exponential rise.

association, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education, political donations, lobbying and publishing, but its focus is collaboration between companies.