Business series 4

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Businesses Series 4

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31. When MNCs reduce their tax bill in different host countries this is usually done by a technique called:

 

 

2 / 10

32. Banking sector will fall under which of the following sectors?

 

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33. The Plan Holiday refers to the period

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34. The New Economic Policy launched in 1991 consist of

  1. Stabilization policy
  2. Import control policy
  3. Deficit financing
  4. Structural adjustment policy

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35. An MNC (multinational company or corporation) can be defined as a firm which:

 

 

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36. Which two of the following are regarded as the main aims of the World Trade Organisation (WTO)?

  1. To eliminate discrimination in world trade
  2. To provide financial assistance to countries with debt
  3. To reduce tariff barriers
  4. To make 'infant industry' protection illegal
  5. To help give preferences to smaller economies

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37. In a flexible exchange-rate system, an increase in the domestic interest rate would tend to

 

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38. India has

 

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39. The President of India is elected by

 

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40. VAT is imposed

 

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