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The MCQs below are drawn from the Business Administration subject category.
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9071
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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Explanation
The WCO is an independent intergovernmental body whose mission is to enhance the effectiveness and efficiency of customs administrations worldwide.
9072
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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Explanation
The General Manager is responsible for the conduct of the bank's daily business.
9073
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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Explanation
This is a landmark agreement that compels countries to criminalize the bribery of foreign officials.
9074
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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Explanation
The UNGPs establish a framework for the respective roles of states ('duty to protect') and businesses ('responsibility to respect' rights).
9075
UNIDO’s work on **renewable energy** (e.g., solar, hydro, wind) for productive uses emphasizes:
A. The development of massive national power grids.
B. Decentralized energy solutions, particularly for rural industries and SMEs, to enhance energy access and reliability.
C. Strict regulation of oil and gas production.
D. Global carbon capture technology mandates.
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Explanation
Access to affordable and reliable energy is vital for industrial activities, especially for smaller businesses in remote areas.
9076
The UNIDO **Global Cleantech Innovation Programme (GCIP)** aims to promote what?
A. Large-scale factory construction.
B. Innovative cleantech start-ups and SMEs in developing countries.
C. Global standardization of corporate tax rates.
D. The use of fossil fuels in industrial processes.
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Explanation
GCIP supports entrepreneurs developing sustainable and climate-friendly technologies and business models.
9077
UNIDO’s work on **agribusiness** aims to support industrialization in rural areas by focusing on:
A. Subsidizing agricultural commodity exports.
B. Value addition, processing, and integrating local producers into modern supply chains.
C. Regulating global agricultural trade tariffs.
D. Promoting solely subsistence farming.
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Explanation
UNIDO helps developing countries move beyond raw commodity production to create higher-value processed goods, generating jobs and income.
9078
Which UPU body deals with the operational, commercial, and technical aspects of the postal business, including standardization of mail handling?
A. The Council of Administration (CA)
B. The Consultative Committee
C. The Postal Operations Council (POC)
D. The Universal Postal Congress
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Explanation
The POC (40 member countries) addresses the practical issues of the postal services, such as quality of service and new products.
9079
In the Maratha administration, the **Peshwa** was the equivalent of the modern-day:
A. Foreign Minister
B. Chief Justice
C. Commander-in-Chief
D. Prime Minister
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Explanation
The Peshwa was the most important minister in Shivaji's *Ashta Pradhan* and was the Chief Executive and Prime Minister of the state. Over time, the Peshwas became the de facto rulers of the Maratha Empire, holding the most significant administrative power.
9080
What title was given to the most prominent financial minister, or Prime Minister, of the Delhi Sultanate who oversaw the Revenue Department (*Diwan-i-Wizarat*)?
A. Sadr-us-Sudur
B. Wazir
C. Ariz-i-Mumalik
D. Qazi-ul-Quzat
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Explanation
The **Wazir** (Vizier) was the chief minister, heading the Diwan-i-Wizarat (Revenue and Finance Department). The Wazir held the highest position among the ministers and was generally responsible for the entire administration and fiscal management of the Sultanate.
