Business Environment MCQs
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Q 1. The goods and the services produced, priced and distributed by the government is ___.
P
Q 2. Who is responsible for presenting the Union Budget before the Parliament?
S
Q 3. The taking over of a private firm by the host country government to be run it as a government unit is ______.
R
Q 4. The total accumulated value of foreign- owned assets at a given period of time is __.
G
Q 5. The focus on increasing profitability and profit growth by reaping the cost reduction that come from economies of scale is ________.
V
Q 6. The origin of Common law is in _____.
V
Q 7. A mixed economy is necessarily a _____.
V
Q 8. The legal system in India is based on ______.
R
Q 9. The European Union is an example of ______.
P