CBSE Class 11 International Business 2 Multiple Choice Questions with Answers. MCQ Questions Class 11 International Business 2 with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 International Business 2 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:
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:
The scope of WTO as compared to GATT is:
(a) Wide
(b) Narrow
(c) Equal
(d) None of these.
Correct Answer – (A)
Question 3:
Which is related to World Bank:
(a) ICICI
(b) Ex-Im Bank
(c) IDA
(d) Asian Development Bank.
Correct Answer – (C)
Question 4:
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:
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:
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:
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:
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:
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:
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.
