CBSE Questions for Class 11 Commerce Business Studies International Business Quiz 6 - MCQExams.com

Franchising enables the franchiser to increase his goodwill and reputation by expanding his network.
  • False
  • Partly false
  • True
  • Partly true
The exchange of goods exclusively between two countries is known as _______.
  • trade
  • bilateral trade
  • import
  • export
Setting up a new firm in a foreign country for operations is also known as _____________.
  • new establishment
  • green field venture
  • open market operations
  • foreign portfolio investments
The parent company has to make 100 per cent _________  in the foreign subsidiaries.
  • debt capital
  • foreign direct investment
  • venture capital
  • equity investments
Various trade promotion measures and schemes available to business firms are mentioned in the ___________ policy.
  • organisational
  • export-import
  • government
  • legislative
Goods meant for export are subjected to payment of various excise and custom duties.
  • True
  • False
At present there are ______ EPCs dealing with different commodities.
  • 34
  • 21
  • 15
  • 20
______________ is to encourage the import of capital goods for export production.
  • EPCG
  • Exemption of payment of sales tax
  • Advance licence scheme
  • All of the above
______________ facility entitles firms to produce goods without payment of excise and other duties.
  • EPCG
  • Duty drawbacks
  • Export manufacturing under bond scheme
  • Neither of the above
Post-shipment finances are the finances provided for purchasing, manufacturing, processing, packaging of goods.
  • True
  • False
Under the ___________ scheme, an exporter is allowed duty free supply of inputs required to manufacture export goods.
  • export manufacturing under bod scheme
  • advanced license scheme
  • exemption of payment of sales tax
  • all of the above
Government of India is the apex body responsible for the country's external trade.
  • True
  • False
Which organisation sets the rule of trade on a global scale?
  • World Trade Organisation
  • World Organisation of Trade
  • Both (A) and (B)
  • None of the above
Finance is required by the exporters even after the shipment of product.
  • True
  • False
The word franchise is a ___________ word.
  • Anglo British
  • Anglo Indian
  • Anglo French
  • Anglo Greek
It is form of direct marketing where customers become distributors ________.
  • Franchising
  • BPOs
  • Network marketing
  • None of the above
In line with a franchising agreement, a franchisee may use____________.
  • geographic region exclusively
  • patents, designs, trade secrets and business know-how
  • trade marks copyright and trade secrets
  • all of the above
The world bank provides resources for __________.
  • education
  • sanitation
  • health care
  • all of the above
Agreement on textile and clothing is an agreement fostered by the __________.
  • World Bank
  • United Nations
  • WTO
  • IMF
Advantages to a franchisor in a franchise are _____________________.
  • capital injection
  • market penetration
  • risk sharing
  • all of the above
___________ have been established by the government of India for development of production of traditional commodities and their export.
  • Department of commerce
  • Export inspection council
  • Export promotion council
  • Commodity boards
Compared to licensing, franchising is a more advantageous mode of entry because ____________.
  • it offers greater control
  • it generates economics of scale in marketing to international customers.
  • it is low-risk and low-cost
  • all the above
___________ is the corner stone of international franchising 
  • Concentration
  • Adaptation
  • Standardization
  • Focus
Export inspection council aims at quality control and pre-shipment inspection of commodities meant for export.
  • True
  • False
The World Bank is significantly involved in eradication of poverty through raising productivity.
  • True
  • False
The term royalty is closely associated with ________________.
  • licensing
  • direct exporting
  • contract manufacturing
  • piggybacking
The world bank diverted their resources to __________  & ___________ for the underdeveloped nations.
  • infrastructure, finance
  • industrial, agriculture
  • import, export
  • neither of the above
Which among the following is not the major objectives of the IMF?
  • Promote international monetary cooperation
  • Promote balanced growth of international trade
  • Promote weapons development in developing nations
  • All of the above
Which of the following is a function of the WTO?
  • Laying down a commonly accepted code of conduct to reduce trade barriers
  • Acting as a dispute settlement body
  • Ensuring that all the rules regulations prescribed in the Act are duly followed by the member countries for the settlement of their disputes
  • All of the above
Which among the following is a function of the IMF?
  • Acting as short term credit institution
  • Promoting orderly adjustment of exchange rate
  • Lending institution of foreign currency and current transaction
  • All of the above
0:0:1


Answered Not Answered Not Visited Correct : 0 Incorrect : 0

Practice Class 11 Commerce Business Studies Quiz Questions and Answers