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Exam 3_2017

Question 1

According to the World Bank’s Ease
of Doing Business 2013, China’s regulatory climate for entrepreneurship was
better than more than half of the economies in the world considered in the
study by the World Bank.

True

False

Question 2

___________ is considered to be
the country with the most entrepreneurial activities in Africa.

Botswana

Mauritius

Ghana

South Africa

Question 3

1.5 / 1.5 pts

Almost everyone agrees that aid is
better than trade and investment in solving Africa’s economic problems and the
low level of entrepreneurship.

True

False

Question 4

Which of the following countries
won the Commonwealth Business Council (CBC)- African Business Awards in 2008?

The Ivory Coast

Nigeria

Cameroon

Ghana

Question 5

Women’s propensity to engage in
entrepreneurial activities in _______________ compares more favorably with many
economies in the Arab world and Asia.

South Africa

Uganda

Kenya

Nigeria

Question 6

Which of the following countries
has the most companies in the list of “top” 90 companies in the
African continent?

Botswana

South Africa

Mauritius

Ghana

Question 7

Which of the following countries
had the annual lending rate for short and medium-term financing needs of
businesses over 100% in 2008?

Madagascar

Sao Tomé e Príncipe

Zimbabwe

Gambia

Question 8

1.5 / 1.5 pts

In terms of size distribution,
Brazilian software sector’s structural composition in terms of size is more
similar to that of India than that of Russia.

True

False

Question 9

The lower rate of entrepreneurship
in Africa is totally because of their unfavorable geographic position.

True

False

Question 10

Among the following, which is the
most open economy for FDI?

Brazil

India

China

Russia

Question 11

1.5 / 1.5 pts

The capitalization of stock
markets as a proportion of GDP is the same in Africa and Brazil.

True

False

Question 12

According to the World Bank’s Ease
of Doing Business 2013 report, Burundi ranked among the world’s top 50
countries in the entrepreneurial climate.

True

False

Question 13

Research indicates that foreign
investments in Africa often benefit a large segment of the population.

True

False

Question 14

Remittance transfer costs are
higher in Africa than in Asia.

True

False

Question 15

1.5 / 1.5 pts

Most of the development aid
programs in Africa are also focusing on the promotion of private businesses.

True

False

Question 16

1.5 / 1.5 pts

Most African nations provide
substantial subsidies for their fishermen.

True

False

Question 17

It is impossible to do business
successfully in Africa.

True

False

Question 18

1.5 / 1.5 pts

In the average, African economies
have a lower saving rates than those in Asia.

True

False

Question 19

1.5 / 1.5 pts

In the World Bank’s “Ease of
Doing Business” report published in 2009, all of the 25 countries at the
bottom were in Africa.

True

False

Question 20

In Malawi, what percentage of the
population has formal jobs in the private sector?

4%

2%

0.4%

0.1%

Question 21

1.5 / 1.5 pts

In 2009, all African countries
made progresses in political rights and civil liberties.

True

False

Question 22

In 2008, Africa’s capitalization
of stock markets as a proportion of GDP was _______________ .

more than that of Brazil.

less than that of Brazil.

twice that of Brazil.

about equal to that of Brazil.

Question 23

1.5 / 1.5 pts

EcoBank’s all branches and
services offices are in Africa.

True

False

Question 24

1.5 / 1.5 pts

East Asia and Africa have made
almost equal progress in reducing poverty in the past three decades.

True

False

Question 25

1.5 / 1.5 pts

African economies are more heavily
oriented towards public sector than the U.S.

True

False

Question 26

1.5 / 1.5 pts

Africa has significantly higher
number of remittance payout locations than in Mexico.

True

False

Question 27

0 / 4 pts

According to the World Bank, which
of the following is the most difficult region to do business?

Africa

Eastern Europe

Asia

Latin America

Question 28

According to creditors and Publish
What You Pay, about what proportion of Congo’s oil revenues did not show up in
the country’s budgets in 2004?

33

25

50

40

Question 29

2.5 / 2.5 pts

About what proportion of aid given
to Africa is spent to pay to consultants?

12

10

16

6

Question 30

About what proportion of aid given
to Africa is spent on debt servicing?

10

16

6

14

Question 31

1.5 / 1.5 pts

A Gallup survey found that most
Nigerian potential entrepreneurs like to formally register their businesses.

True

False

Question 32

The average Indian household‘s
debt to MFIs has remained stable during 2005-2010.

True

False

Question 33

The 1989 Tiananmen events had no
negative influence on entrepreneurship.

True

False

Question 34

SMEs in China account for _______
of the national income but have access to ______ of the country’s financial
resources.

20% , 70 %

70% , 70 %

20% , 20 %

70% , 20 %

Question 35

1.5 / 1.5 pts

In reinstitutionalization, an
existing logic or a governance structure replaced by a new logic or a
governance structure.

True

False

Question 36

1.5 / 1.5 pts

Piracy is illegal in China.

True

False

Question 37

Which of the following countries
granted most patents to per million of its residents during 2000–5?

South Korea

the U.S.

India

China

Question 38

Among the following countries,
which one granted least number of patents to per million of its residents
during 2000–5?

China

India

South Korea

the U.S.

Question 39

Which of the following is not an
institutional change mechanism identified byScott?

reverse institutionalization

institution formation

deinstitutionalization

reinstitutionalization

Question 40

Observers have suggested that
people in India value work in itself as much as people in the U.S. do.

True

False

Question 41

Nowadays, China doesn’t require
its wind farms to source 70 % of their parts from the domestic market anymore.

True

False

Question 42

Majority of China’s IPR cases in
2005 were brought by foreign companies operating in China.

True

False

Question 43

Less than half of the agricultural
as well as nonagricultural workforce is informally employed in India.

True

False

Question 44

It can be argued that China has
more characteristics of oligarchic capitalism than India.

True

False

Question 45

In the Rajsthan state of India,
the law currently doesn’t allow women to work after sunset.

True

False

Question 46

3 / 3 pts

In the Indian offshoring industry,
women account for less than half of the workforce.

True

False

Question 47

In the 1980s in China, the
entrepreneur was considered to be a person who was not able to find other jobs.

True

False

Question 48

1.5 / 1.5 pts

In recent years, the basis of
legitimacy for Chinese Communist Party is shifting towards MarxLeninism.

True

False

Question 49

In early 2011, the number of
Indians using cellphones was about _____ times the number of Indians online.

670

8.4

80

3.8

Question 50

In ___________ organizations take
advantage of differences in various components of formal institutions across
countries.

institutional arbitrage

economic arbitrage

geographic arbitrage

cultural arbitrage

Question 51

In India, literacy rates for
females and males are equal.

True

False

Question 52

In China, entrepreneurs cannot
become CCP members.

True

False

Question 53

In China, most VC funds linked to
the government are considered as a loan.

True

False

Question 54

In China, VC funds provided by the
Chinese government have the same level of risk taking as provided by Western
investors.

True

False

Question 55

In 2009, more Chinese companies
were included in Forbes‘ Global 2000 list than companies from India.

True

False

Question 56

1.5 / 1.5 pts

In 2009, the world’s third largest
patent office was China’s SIPO.

True

False

Question 57

In 2008, about _______% of India‘s
population lacked access to electricity.

50

30

20

40

Question 58

In 2008, more private capital was
invested in China than in the U.S. in the renewable energy sector.

True

False

Question 59

2.5 / 2.5 pts

In 2012, China had ____ times as
many Broadband Internet subscribers per 100 people as India did.

10.8

4.5

22.5

1.3

Question 60

In 2008, China received more
private capital investment in the renewable energy sector than the U.S.

True

False

Question 61

1.5 / 1.5 pts

In 2008, China and India spent
almost equal in the construction of modern highways.

True

False

Question 62

In 2007, India was among the
world’s 10 biggest IPO markets.

True

False

Question 63

1.5 / 1.5 pts

In 2005, VC investment in China
was less than $1 billion.

True

False

Question 64

3 / 3 pts

For the Indian IT company,
Infosys, the markets outside India account for ____ % of its revenue.

98.8

1.2

12

9.88

Question 65

0 / 4.5 pts

For every $100 earned in the
domestic market, India‘s IT firms export ________.

$37.50

$3750

$3.75

$375

Question 66

Everyone agrees that the Israel
model of government funding for startups would be equally effective in India.

True

False

Question 67

Estimates suggest that about 10
families in India control as much as _____ of the stocks of the country’s largest
corporations.

one-fifth

two-fifth

four-fifth

a quarter

Question 68

Economic and political reforms in
China started in _________.

2001

1964

1978

1981

Question 69

During 2002–2011, about _____ of
the Indian population lived on less than US$1.25 a day.

a quarter

32.7%

two-fifth

one-fifth

Question 70

During 1993-2001, the proportions
of adult population that workd were equal in China and India.

True

False

Question 71

3 / 3 pts

Compared to the 2008 level, FDI
declined more sharply in China in 2009 than in India.

True

False

Question 72

2.5 / 2.5 pts

Compared to Russia, China has more
successfully blended nationalism with Marxism.

True

False

Question 73

China’s path to market economy is
different from those of Eastern Europe and the Soviet Union.

True

False

Question 74

1.5 / 1.5 pts

China’s informal banking industry
was estimated to amount less than US$50 billion in 2011.

True

False

Question 75

According to a survey conducted by
Deloitte in 2009, India was more attractive market for VC investors than the
U.S.

True

False

Question 76

3.5 / 3.5 pts

According to a survey conducted by
Deloitte in 2009, _______ was the most attractive market for VC investors.

China

India

the U.S.

Germany

Question 77

According to the 2001 census,
Hinduism accounted for about_____ of the Indian population’s religion.

two-fifth

one-fifth

a quarter

four-fifth

Question 78

China spends more on research and
development (R&D) than India.

True

False

Question 79

The SIPO became the world’s
largest patent office in 2011.

True

False

Question 80

According to the World Bank’s Ease
of Doing Business 2013, India’s regulatory climate for entrepreneurship was
better than more than half of the economies in the world considered in the
study by the World Bank.

True

False

Question 81

Brazil has more mainframe COBOL
programmers than any other countries in the world.

True

False

Question 82

________________ has the world’s
highest number of Java programmers.

The U.S.

Brazil

China

India

Question 83

3.5 / 3.5 pts

Multinationals are mostly
undertaking adaptive R&D projects in ________________.

Brazil

the U.S.

China

India

Question 84

3.5 / 3.5 pts

Among the following economies,
which is more likely to benefit from the trend towards nearshore outsourcing?

Kenya

Brazil

China

India

Question 85

Brazilian banks are among the
world’s most automated.

True

False

Question 86

3.5 / 3.5 pts

__________ has the highest
economic freedom index among the four BRIC economies.

Russia

China

India

Brazil

Question 87

3.5 / 3.5 pts

Of the four BRIC economies,
____________ has the biggest per capita domestic spending in application and
personal software.

China

Russia

Brazil

India

Question 88

Domestic remittance are more
relevant than international remittances to the bottom-of-the-pyramid
households.

True

False

Question 89

M-payment has facilitated
international remittances more than domestic remittances.

True

False

Question 90

3.5 / 3.5 pts

Customers with mobile money
accounts in ________ can receive money from abroad.

Uganda

Rwanda

China

India

Question 91

According to the International
Telecommunication Union, in the early 2013, about _____________ of the
population in the developing world had mobile phones.

nine-tenth

three-quarter

half

a quarter

Question 92

M-PESA was originated in Africa.

True

False

Question 93

For the m-payment system in Kenya,
most transactions are deposits in villages and withdrawals incities.

True

False

Question 94

According to Google India, in the
mid-2011, more than 10% of India’s SMEs were online.

True

False

Question 95

M-PESA was given a banking license
in 2007.

True

False

Question 96

According to the World Bank’s Ease
of Doing Business 2013 report, which of the following is not among the world’s
top 50 countries in terms of the entrepreneurial climate?

Mauritius

South Africa

Rwanda

Uganda

Question 97

In 2012, mobile money market in
Africa was bigger in size than that of Europe.

True

False

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