Top 150+ Solved Global Business Environment MCQ Questions Answer
Q. The time limit specified by the Agreement on import licensing for the agencies to deal with the procedure.
a. 15 days
b. 30 days
c. 60 days
d. 90 days
Q. The rules and commitment of Agreement on Agriculture apply to _________
a. Market access
b. Domestic support
c. Export subsidies and other programs
d. All the above
Q. _________ duties can be imposed of a product is dumped in the importing country at less than its normal value provided it causes material injury to the domestic industry.
a. Tariff
b. Anti-dumping
c. Countervailing
d. Reduction in subsidies
Q. _________ are maximum tariffs imposed by the member countries ofWTO.
a. Rates
b. Subsidies
c. Quotas
d. Bound rates
Q. The fundamental principles of GATT was
a. Most Favoured Nation
b. National Treatment
c. Both a and b
d. None of the above
Q. Anti-dumping and countervailing duties are imposed under _________
a. Customs Tariff Act 1975
b. TRIMS
c. TRIPS
d. Regional Trade Agreement
Q. FMCG means
a. Fast Moving Consumer Goods
b. Foreign Measures on Consumer Goods
c. Freely Moving Consumer Goods
d. Free Measures on Consumer Goods
Q. Copyright means the exclusive right to do or authorize others to do certain acts in relation to _________
a. Literary, dramatic, musical or artistic work
b. Cinematography
c. Sound recordings
d. All the above
Q. Which one of the following is the function of trade mark
a. Identifies the product and its origin
b. Guaranteed its unchanged quality
c. Advertises the product
d. All the above
Q. _________ is the art and other manifestations of human customs,civilization and the way of life a particular society or group.
a. Culture
b. Trends
c. Business
d. Marketing
Q. The cultural habit of firm hand-shake is associated with the culture of_________
a. US
b. Middle East
c. Arab countries
d. Japan
Q. A separate Bilateral NAFTA on market access for agriculturalproducts with Canada and _________
a. America
b. Britain
c. Mexico
d. Japan
Q. The SAARC countries comprise _________
a. Indonesia, Malaysia, Philippines, Singapore, Thailand, Bhutan, Nepal
b. Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka
c. Sri Lanka, Bhutan, Nepal, China, India, Bangladesh, Indonesia
d. Bangladesh, Bhutan, China, Nepal, Pakistan, India, Sri Lanka