Economic Environment

Q.

The government of India is seriously thinking to allow oil marketing public sector, undertaking to fix their own price for petrol and diesel.___ is the economic reform related to this decision.

Q.

Which among these is not a global force impacting the Indian Economy?

1. Integrating the role of Purchasing.

2. Dynamics of capital flow

3. Integrating the role of Technology

4. None of these

Q.

To tackle problems, RBI has allowed the commercial banks to reduce the interest rates on loans. Identify the business environment.

1. Social environment

2. Legal environment

3. None of the above

4. Economic environment

Q.

Liberalisation means ___

1. Reduction of government control and restrictions

2. Policy of planned disinvestment

3. Integration among planned economies

4. None of the above

Q.

What comprises of interest rate, the rate of inflation, the value of GDP, per capita income, tax rates, disposable income etc.

1. Social environment

2. Legal environment

3. Economic environment

4. None of these

Q.

A possible obstacle to growth of privatisation is

1. Sale of least profitable enterprises

2. Profit earned by public enterprises

3. Licensing

4. None of these

Q.

Which among these can be condition for the success of privatisation?

1. Measurability of performance

2. All of the above

3. Alternative institutional arrangements

4. Barriers to enter the market

Q.

Privatisation will encourage concentration of ___

Q.

___environment refers to all economic factors which have a bearing on the functioning of a business.

1. Social environment

2. Political environment

3. Economic environment

4. Technological environment

Q.

The trend seen in the economic systems of the countries is that ___

1. command economies are moving towards mixed economies.

2. mixed economies are moving towards command economies.

3. mixed economies are moving towards market economies.

4. market economies are moving towards command economies.