Home > General Studies (Hindi) > Quizzes > Global Business Environment Practice Test
Global Business Environment Practice Test
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 50% • Most missed: “WTO was setup in ______”

The global business environment is short for dynamic and always fluctuating challenges and opportunities that businesses face when operating in a global marketplace.

Basically, the global business environmentIt reflects the interconnectedness of our modern world  - what happens in one country or region has an impact on other regions or countries.

The global business environment is directly influenced by availability of raw materials, reliability of supply chain, labor supply, wages, worker expectations, government regulations and consumer demand. 

Global Business Environment Practice Test
Time left 00:00
25 Questions

1. ESCAP stands for _______
2. WTO members abolished quotas on trade in _________
3. FMCG means
4. A company doing international marketing contracts with a foreign producer to manufacture or assemble the products for a sale in the foreign market is ________
5. The fundamental principles of GATT was
6. Creators can be given the right to prevent others from using their inventions, designs or other creations is known as _________
7. ____________ is a permanent institution with its own Secretariat.
8. Which one of the following is the function of trade mark
9. The product is sold at a high price in international markets and at a low price in the domestic market is called _________
10. __________ is a method of doing business by which a franchisee is granted the right to offer, sell or distribute goods or service under a system created by the Franchisee.
11. _________ is a contract under which a firm agrees to fully design, construct and equip a manufacturing or business or service facility and turn the project to the purchaser ready for operation for a remuneration.
12. FERA was replaced by _______
13. The SAARC countries comprise _________
14. India is _________ place in IMF General Quota
15. GATT agreements as modified by the _______agreement
16. Globalization is based on the theory of
17. _________ is the first ever set of multilateral, legally enforceable rules covering international trade in services.
18. Article XIX of the GATT provided ________
19. Trade in Textile was restricted by _________
20. __________ will include interest and amortization payment, put a strain on future balance of payments
21. _________ duties can be imposed of a product is dumped in the importing country at less than its normal value provided it causes material injury to the domestic industry.
22. _________ established a mechanism where by their local currencies are kept equal in value to gold and to each other.
23. The combined package of trade rules and Tariff concessions became known as the _________
24. _________ means replacement of existing non-tariff restriction on trade such as import quotas.
25. _________ are popularly known as 'Paper Gold'.

⚡ Recently practiced quizzes in this topic
Live quiz activity
Objective GS (General Studies) in हिन्दी - Indian States & The Company Rajasthan GK Hindi - Fairs & Festivals Objective GS (General Studies) in हिन्दी - Indian Polity - Historical Background of Constitution Objective GS (General Studies) in हिन्दी - Indian Polity - Judiciary Rajasthan GK Hindi - Culture Objective GS in Hindi - General Geography - Air Pressure, Humidity & Air Movement Rajasthan GK Hindi - Energy Rajasthan GK Hindi - Tourism Rajasthan GK Hindi - Rajasthan Introduction Rajasthan GK Hindi - Rivers & Lakes
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.