Business Environment Quizzes | Trivia Quiz for Practice

76. Companies Act in India is administered by the

1. Ministry of corporate affairs
2. Ministry of Finance
3. Company law board
4. SEBI

77. Consumer protection Act ieas enacted in the year

1. 1989
2. 1986
3. 1985
4. 1981

78. Critical success factors in the public sector usually relate to one of the following

1. More than one stakeholder
2. The expectation of service users
3. Government imposed standards
4. The expectation of providers of fund

79. CSRC stands for

1. Company Social Reforms Committee
2. Committee for Social Responsibility Commitments
3. Corporate Social Responsibility Committee
4. None of these

80. Delay in accepting modern culture is termed as

1. Cultural delay
2. Cultural diversity
3. Cultural gap
4. Cultural lag

81. Entry barriers include

1. Capital requirements
2. Monopoly
3. Requirement of investment
4. All the above

82. EPZs stand for

1. Energy processing zones
2. Export promotion zones
3. Export Processing Zones
4. None of these

83. Expand MSME

1. Medium, Small and Micro Enterprises
2. Minimum, Small and Medium Enterprises
3. Micro, Small and Medium Enterprises
4. None of these

84. Expand TRIMs

1. Tariff related investment measures
2. Trade related investment measures
3. Trade related institutions measuring
4. None of the above

85. Expand TRIPs

1. Trade relates aspects of investment property
2. Tariff related aspects of international property rights
3. Trade related aspects of intellectual property right
4. None of the above

86. Factors which are beyond the control of a business are called

1. Supply
2. Demand
3. Profit
4. External factors

87. FEMA is a replacement to which Act?

1. MRTP Act
2. FERA
3. Competition Act
4. Companies Act

88. Following are the features of a perfectly competitive industry

1. Free entry and exit
2. large number of firms
3. Mobility of factors
4. All the above

89. GATT was formed to fill up the gap of...... charter

1. ITO
2. WTO
3. IMF
4. IBRD

90. GATT was transformed into a WTO with effect from

1. Apr-00
2. Mar-91
3. Jan-95
4. Apr-95