CBSE Class 11 International Business 2 Multiple Choice Questions with Answers. MCQ Questions Class 11 International Business 2Â with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 International Business 2Â with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions Class 11 International Business 2 with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 International Business 2 with Answers. You can also verify your answers from the provided MCQ Class 11 International Business 1 with Answers. So, ace up your preparation with MCQ of Class 11 Business Studies Examinations.2
MCQ Questions Class 11 International Business 2 with Answers - Set - 5
Question 1:Â
Characteristics of EPZ:
(a) Established in special region
(b) Established by government
(c) Entry in good industrial units
(d) All the above.
Correct Answer – (D)
Question 2:Â
The scope of WTO as compared to GATT is:
(a) Wide
(b) Narrow
(c) Equal
(d) None of these.
Correct Answer – (A)
Question 3:Â
Which is related to World Bank:
(a) ICICI
(b) Ex-Im Bank
(c) IDA
(d) Asian Development Bank.
Correct Answer – (C)
Question 4:Â
Which one of the following modes of entry brings the firm closer to international markets:
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture.
Correct Answer – (D)
Question 5:Â
When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as:
(a) Contract manufacturing
(b) Franchising
(c) Joint ventures.
(d) Licensing.
Correct Answer – (C)
MCQ Questions Class 11 International Business 2 With Answers
Question 6:Â
For membership of World Bank it is necessary to be the member of:
(a) Member of IMF
(b) Member of UNCTAD
(c) Member of WTO
(d) Member of UNO.
Correct Answer – (A)
Question 7:Â
GATT was implemented on:
(a) 30 October, 1947
(b) 15 March, 1947
(c) 26 April, 1945
(d) 12 May, 1947.
Correct Answer – (A)
Question 8:Â
Which one of the following is not amongst India’s major import items:
(a) Ayurvedic medicines
(b) Oil and petroleum products
(c) Pearls and precious stones
(d) Machinery
Correct Answer – (A)
Question 9:Â
Which one of the following modes of entry requires higher level of risks:
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture.
Correct Answer – (D)
Question 10:Â
In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trade mark to a manufac¬turer in a foreign country for a fee :
(a) Licensing
(b) Contract manufacturing
(c) Joint venture
(d) None of these.
