Question 1

India follows the ________political system

Accepted Answer

India follows a parliamentary system, where the government is elected by, and accountable to, the parliament or the legislative body. This system is characterized by a clear distinction between the head of government, usually a prime minister, and the head of state, who is the president in India's case.

Question 2

The _______ is being driven by the demand and supply of products and services.

Accepted Answer

Both market and capitalist economies are driven by the forces of demand and supply of products and services, where prices and production levels are determined based on consumer demand and the availability of goods.

Question 3

India is the best example of

Accepted Answer

India is considered a mixed economy because it incorporates elements of both capitalism and socialism. The government controls certain sectors while others are open to free-market competition.

Question 4

Which of the following is not only a part of ethics but statutory compliance?

Accepted Answer

Disclosure of Financial Statements is not only a part of ethical business practices but also a statutory compliance requirement. Companies are legally obligated to disclose their financial performance to regulators and the public, ensuring transparency and accountability.

Question 5

Which of the following attitude is result of religion?

Accepted Answer

Religion can significantly influence both attitudes towards work and purchasing behavior, as it shapes values, ethics, and norms that guide individuals in their professional lives and consumption patterns.

Question 6

Commitment, competence and consistency are three distinct characteristics that result in ______________

Accepted Answer

Commitment, competence, and consistency are key factors in culture building within organizations, as they help establish a shared set of norms and values among members.

Question 7

The practices of a company for which it is accountable in relation to other parties is called ____________

Accepted Answer

Social responsibility refers to the practices for which a company holds itself accountable in relation to its impact on society, the environment, and its stakeholders.

Question 8

National culture is based on ______________

Accepted Answer

National culture is primarily based on the sense of belonging of a people, which encompasses shared values, traditions, and customs that define a group's identity.

Question 9

Corporate governance is a form of

Accepted Answer

Corporate governance is a form of self-regulation, where a corporation governs itself to ensure accountability, fairness, and transparency in its relationship with all its stakeholders (employees, shareholders, customers, and the community).

Question 10

CSR & corporate governance represent a -------- between business and society.

Accepted Answer

CSR (Corporate Social Responsibility) & corporate governance embody a "social contract" between business and society, indicating mutual expectations and responsibilities.

Question 11

Corporate governance is concerned with the formation of …………… term objective

Accepted Answer

Corporate governance is primarily concerned with the formation of long-term objectives to ensure the sustainable success and accountability of an organization.

Question 12

More expansion of foreign direct investment can boost __________ .

Accepted Answer

Foreign direct investment (FDI) can create new jobs and boost employment in the recipient country.

Question 13

More expansion of foreign direct investment can boost

Accepted Answer

The answer of More expansion of foreign direct investment can...

Question 14

The union government adopted new definition of FDI and FPI in 2014. Which of the given below is incorrect in this regard

Accepted Answer

The new definition considers an investment of 10% or more in the capital of a company as FDI, while investments less than 10% are considered as FPI. Therefore, the statement that considers 5% investment in the capital of an unlisted company as FPI is incorrect.

Question 15

Government has raised FDI level in Brownfield pharma to what percent under the automatic route to attract capital and technologies in the pharmaceutical sector?

Accepted Answer

The government has raised the FDI (Foreign Direct Investment) level in Brownfield pharma to 74% under the automatic route to attract more capital and advanced technologies in the pharmaceutical sector.

Question 16

OLI Theory is also known as

Accepted Answer

The OLI Theory, developed by John Dunning, is also known as the Eclectic Paradigm. It combines different theories of international business (Ownership, Location, and Internalization advantages) to explain why companies engage in foreign direct investment.

Question 17

Which country leads the inflow of FDI in India?

Accepted Answer

Mauritius has historically been the largest source of foreign direct investment (FDI) in India, primarily due to favorable tax treaties and investment-friendly regulations.

Question 18

In which of the following sectors does the Government of India allow more than 50% FDI?

Accepted Answer

The Government of India allows more than 50% FDI in both the Insurance and Telecommunications sectors, reflecting a liberalized policy framework to attract foreign investment and enhance sectoral growth.

Question 19

In which of the following sectors does the Government of India allow more than 50% FDI?

Accepted Answer

The answer of In which of the following sectors does...

Question 20

Which of the following theories explains the behaviour of late entrants to catch up with the competition?

Accepted Answer

The Leapfrogging theory explains how late entrants can catch up with or even surpass their competitors by adopting newer, more advanced technologies or methods, thereby "leapfrogging" over established companies stuck with older, less efficient ones.

Quiz 2: Business, Culture, and Investment

India follows the ________political system

The _______ is being driven by the demand and supply of products and services.

India is the best example of

Which of the following is not only a part of ethics but statutory compliance?

Which of the following attitude is result of religion?

Commitment, competence and consistency are three distinct characteristics that result in ______________

The practices of a company for which it is accountable in relation to other parties is called ____________

National culture is based on ______________

Corporate governance is a form of

CSR & corporate governance represent a -------- between business and society.

Corporate governance is concerned with the formation of …………… term objective

More expansion of foreign direct investment can boost __________ .

More expansion of foreign direct investment can boost

The union government adopted new definition of FDI and FPI in 2014. Which of the given below is incorrect in this regard

Government has raised FDI level in Brownfield pharma to what percent under the automatic route to attract capital and technologies in the pharmaceutical sector?

OLI Theory is also known as

Which country leads the inflow of FDI in India?

In which of the following sectors does the Government of India allow more than 50% FDI?

In which of the following sectors does the Government of India allow more than 50% FDI?

Which of the following theories explains the behaviour of late entrants to catch up with the competition?