Business Environment And Law - Business Environment

36. The essential commodities act was passed in the year ---

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37. Which combination of the following factors has driven globalization in the recent past?
(i) Growth of multinational corporations

(ii) Internationalisation of finance

(iii) Increased international trade

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38. Consumers have the right
(i) to be protected against goods and services that are hazardous to life and property.

(il) to assure wherever possible access to a variety of goods; and services at national prices.

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39. Arrange the following Acts in the order in which they came into force.
(i) The Monopolies Restrictive Trade Practices Act
(ii) Indian Contract Act
(iii) The Sale of Goods Act
(iv) The Foreign Exchange Management Act

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40. Match the following components of the Business Environment.

(a) Economic Environment (i) Exim Policy 
(b) Social Environment (ii) Customs 
(c) Political Environment (iii) Social values 
(d) Legal Environment (iv) Business Law and Banking Act

 

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