MH SET 2020 Paper 2 Commerce Question Paper (27-Dec-2020)

Question 1

A systematic assessment of an activity on some meaningful, definable domain of companies activities that have social impact is :

Accepted Answer

Social Audit

Answer

Environmental Audit

Answer

Green Audit

Answer

Public Audit

Question 2

Which one of the following is not an argument in favour of free trade ?

Accepted Answer

Conservation of foreign exchange of the country

Answer

Economic utilization of world productive resources

Answer

Division of labour on an international scale

Answer

Breaks the domestic monopolies

Question 3

UNCTAD is established by the United Nations General Assembly in ............ and it has its headquarters at ............

Accepted Answer

1964—Geneva

Answer

1965—New York

Answer

1964—Paris

Answer

1965—Geneva

Question 4

The International Monetary Fund in its world economic outlook published in Jan. 2019 has projected world output to grow at ............ percent.

Accepted Answer

3.5

Answer

3.8

Answer

3.7

Answer

4.1

Question 5

X : Mexico is a member of NAFTA.Y : NAFTA started functioning from 1st Jan. 1994.

Accepted Answer

Both X and Y are true

Answer

Only X is true

Answer

Only Y is true

Answer

Both X and Y are false