Globalisation and the Indian Economy Test

Result

Globalisation and the Indian Economy Test - 22

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

Transfer pricing litigations are generally related to ________.

A
domestic companies

B
multinational companies

C
public enterprises

D
statutory authority

Solution

Transfer price is the price at which divisions of the company transact with each other, such as the trade of supplies or labour between departments. It is used when individual entities of a larger multi entity firm are measured and treated as separate run entities. Hence, transfer price litigations are generally related to multinational companies.
Question 2
1 / -0

The Global Competitiveness Report (GCR) $$2016-2017$$ was released in September $$2016$$. Consider the following statements in context to the project
I.The report assessed the competitiveness landscape of $$140$$ economies
II. It was released by World Bank
III. Switzwerland topped the list

A
Only III

B
Only I and II

C
Only I and III

D
Only I, II and III
Question 3
1 / -0

Coca- Cola is an example of _________.

A
MNC

B
Indian Company

C
Foreign Company

D
None of the above

Solution

A multinational corporation is an organisation which has its main headquarter in home country and operates with its subsidiaries in two or more countries. Coca-Cola has its main branch in Georgia but has many subsidiaries spread all over the world.
Question 4
1 / -0

Liberalisation refers to ..

A
Relaxation of previous government restrictions usually in the areas of social and economic policies

B
Transferring the assets and service functions from public to private sectors

C
Disposal of public sector units equity in the market

D
None of these
Question 5
1 / -0

Since adoption of economic liberalisation the share of agriculture in India's GDP is ..

A
Constant

B
Increasing

C
Decreasing

D
None of these
Question 6
1 / -0

In the pre-liberalization period -

A
Full support was given to Private Sector in all industries

B
Industries were reserved exclusively for Public Sector

C
Both (a) and (b)

D
Neither (a) nor (b)
Question 7
1 / -0

As part of the External Sector Reforms in 1991, foreign exchange control regulations were freed in respect of -

A
Capital Account Transactions

B
Current Account Transactions

C
More in (a) and comparatively less in (b)

D
More in (b) and comparatively less in (a)
Question 8
1 / -0

Quantitative Restrictions have been removed for all kinds of imported consumer goods, except ___________.

A
Defence goods

B
Sensitive goods

C
Environmentally hazardous goods

D
All of the above

Solution

Quantitative Restrictions have been removed for all kinds of imported consumer goods, except:
a) defense goods
b) sensitive goods
c) environmentally hazardous goods
Defense goods and environmental hazardous goods could have harmed the Indian economy. Therefore, quantitative restrictions have been removed.
Hence, D is the correct option.
Question 9
1 / -0

. refers to relaxation of previous Government restrictions usually in areas of social and economic policies.

A
Liberalisation

B
Privatisation

C
Globalisation

D
Disinvestment
Question 10
1 / -0

As a result of liberalized External Sector Policies of 1991, the Foreign Exchange Reserves of the country have -

A
Increased

B
Reduced

C
Maintained at constant level

D
None of the above

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Globalisation and the Indian Economy Test - 22

Result

Globalisation and the Indian Economy Test - 22

Score

-

Rank

-

SHARING IS CARING

Question 1

domestic companies

multinational companies

public enterprises

statutory authority

Solution

Question 2

Only III

Only I and II

Only I and III

Only I, II and III

Question 3

MNC

Indian Company

Foreign Company

None of the above

Solution

Question 4

Relaxation of previous government restrictions usually in the areas of social and economic policies

Transferring the assets and service functions from public to private sectors

Disposal of public sector units equity in the market

None of these

Question 5

Constant

Increasing

Decreasing

None of these

Question 6

Full support was given to Private Sector in all industries

Industries were reserved exclusively for Public Sector

Both (a) and (b)

Neither (a) nor (b)

Question 7

Capital Account Transactions

Current Account Transactions

More in (a) and comparatively less in (b)

More in (b) and comparatively less in (a)

Question 8

Defence goods

Sensitive goods

Environmentally hazardous goods

All of the above

Solution

Question 9

Liberalisation

Privatisation

Globalisation

Disinvestment

Question 10

Increased

Reduced

Maintained at constant level

None of the above

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

Stay Tuned: We’ll update you on your result via email or SMS.