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The MCQs below are drawn from the Business Administration subject category.
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11151
Which ISO standard sets the guidelines for managing a **Business Continuity Management System (BCMS)**?
A. ISO 22301
B. ISO 9001
C. ISO 14001
D. ISO 26000
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ISO 22301 provides the framework for organizations to prepare for, respond to, and recover from disruptive incidents.
11152
The WCO encourages customs administrations to adopt an approach that combines facilitation (speed) with control (security). This is known as:
A. The Golden Rule.
B. The Dual Mandate.
C. The Single-Tier System.
D. The Free Trade Standard.
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Modern customs must balance the need to promote economic competitiveness by speeding up legitimate trade with the need to protect the public and collect revenue.
11153
Which of the following is a key enforcement responsibility for national customs administrations, as guided by the WCO?
A. Regulating environmental policy within the country.
B. Protecting society and the environment by combating illicit trade, counterfeiting, and smuggling.
C. Managing the national railway network.
D. Funding domestic education systems.
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Customs is the first line of defense against illegal goods (drugs, arms, counterfeit items, illegal wildlife trade).
11154
What does the acronym WCO stand for?
A. World Commercial Operations
B. World Convention on Oceanography
C. World Customs Organization
D. World Committee for Offshore Trade
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The WCO is an independent intergovernmental body whose mission is to enhance the effectiveness and efficiency of customs administrations worldwide.
11155
What is the official term for the BIS’s administrative head and chief executive officer?
A. The Chairman of the Board
B. The Governor General
C. The General Manager
D. The Director of Research
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The General Manager is responsible for the conduct of the bank's daily business.
11156
What instrument, adopted by the OECD in 1997, criminalizes the offering of bribes to foreign public officials in international business transactions?
A. The BEPS Action Plan
B. The OECD Anti-Bribery Convention
C. The Paris Declaration
D. The Convention on the Law of Treaties
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This is a landmark agreement that compels countries to criminalize the bribery of foreign officials.
11157
The OHCHR provides support for the UN's work on **Business and Human Rights** through the guidance of:
A. The ILO Conventions.
B. The UN Guiding Principles on Business and Human Rights (UNGPs).
C. The World Trade Organization (WTO) treaties.
D. The Global Compact on Migration.
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The UNGPs establish a framework for the respective roles of states ('duty to protect') and businesses ('responsibility to respect' rights).
11158
The UNDP’s strategic plan (currently *Strategic Plan 2022-2025*) emphasizes which overarching theme?
A. Achieving universal literacy by 2030.
B. Working towards a sustainable planet, resilient societies, and gender equality.
C. Funding only infrastructure projects.
D. Focusing exclusively on microfinance for rural women.
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These are the broad impact areas that guide the UNDP's current work.
11159
What is the primary function of the **IMF’s Resilience and Sustainability Trust (RST)**, established in 2022?
A. Providing short-term balance of payments support.
B. Helping low- and middle-income countries address longer-term risks, such as climate change and pandemic preparedness.
C. Regulating the global energy market.
D. Funding the development of new military technologies.
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The RST provides affordable financing to address structural challenges that pose macroeconomic risks.
11160
The current President of IFAD (as of late 2024) is from which continent?
A. Asia
B. Europe
C. Africa
D. North America
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Alvaro Lario (from Spain) is the current President of IFAD, elected in 2022. He is from Europe, but IFAD's leadership has historically come from diverse regions, including a past President from Asia (Kanayo F. Nwanze, from Nigeria - Africa).