YOUTUBE CHANNEL :- SURAJ PATEL EDUCATION
ECONOMICS OF GLOBAL TRADE AND FINANCE
M.COM [ PART 1 ]
Part 2 Link Click Here
https://www.surajpateleducation.com/2020/12/economics-of-global-trade-and-finance.html
a) Increase in government expenditure
b) Increase in imports
c) Decrease in inflow of foreign capital
2) To improve BOP deficit interest rate should be
a) Decreased
b) Increased
c) Remain the same
3) To reduce surplus in BOP fiscal policy should be
a) Contractionary
b) Expansionary
c) Neutral
4) To correct deficit in BOP monetary policy requires to adopt
a) Cheap monetary policy
b) Tight monetary policy
c) Neutral monetary policy
5) Expansionary fiscal policy
a) Reduces deficit
b) Increases deficit
c) Neither (a) or (b)
6) To correct inflation and deficit both monetary and fiscal policy must be
a) Expansionary
b) Contractionary
c) Neutral
7) Easy monetary policy leads to
a) Increase in government expenditure
b) Increase in imports
c) Decrease in inflow of foreign capital
8) An open economy is one which
a) Trade with other countries
b) Capital moves between the countries
c) Labour moves between the countries
d) All the above
9) Current account includes
a) Only merchandise trade
b) Only trade in services
c) Both (a) and (b)
10) When current account deficit is greater than capital account surplus, then overall balance is
a) Positive
b) Negative
c) Zero
11) When foreign exchange reserves are in surplus it is shown with a
a) Plus (+) sign
b) Minus (-)sign
c) Neither minus nor plus sign
12) In a closed economy GDP is equal to
a) C+I+G+(X-M)
b) C+I+G
c) C+I+G+(X-M)+(R-P)
13) In a BOP statements foreign exchange reserves are equal to
a) Overall balance
b) Current account balance
c) Capital account balance
14) Balance of accounts balance when
a) Credits and debits in current account are equal
b) Total credits and debits of all accounts balance
c) Credits and debits in capital account balance
15) GNP includes
a) Factoral receipts
b) Factoral payments
c) R-P
16) Gross domestic product in a closed economy consist of
a) C+I+G+(X-M)
b) C+I+G
c) C+I+G+(X-M)+(R-P)
17) Real income is worked out on the basis of
a) Current price
b) Constant price
c) Both
18) GDP deflator tells us the
a) Nominal progress
b) Real progress
c) Rate of deflation in the economy
19) Real interest rate explains us a change in
a) A purchasing power
b) Money income
c) The rate of inflation
20) What is the total money value of final goods and services produced within the domestic territory of the country during a given year?
a) GDP
b) GNI
c) NNI
d) None of these
21) What is the total money value of the goods and services produced by the nations during a given year?
a) GNI
b) GDP
c) NDP
d) None of these
22) How many different method are used for measuring national income?
a) Two
b) Three
c) Four
d) Six
23) In which of the following method national income is estimated by adding the value of all final goods and services produced in a country?
a) Expenditure
b) Income
c) Product
d) GNI
24) In the expenditure method which of the following types of expenditure goods and services are included?
a) Final
b) All
c) Intermediate
d) Intermediate and final
25) Under value added method national income is measured by adding the value.
a) Added at each stage
b) Of all the inputs and outputs
c) By adding rent wages and interest
26) In developing countries measurement of nation income faces the following problems
a) Non-monetised sector
b) Lack of adequate statistical data
c) Lack of proper accounting practices
d) All the above
27) Various customs, traditions and habits developed over a period of time are called……….
a) Ethos
b) Ethics
c) Values
28) …………refers to the branch of philosophy dealing with what is right or wrong.
a) Ethos
b) Ethics
c) Values
29) …………Is a set of values, attitudes and beliefs which are learned and shared by member of community.
a) Culture
b) Ethics
c) Ethos
30) …………theory holds that ends or consequences of an act determine whether the act is good or bad.
a) Deontological
b) Teleological
c) Utilitarian
31) ………..theory regards that role of ethics is to enable us to lead successful and good life.
a) Virture
b) Modern virture
c) Justice
32) Duty theory is a type of ………. Theory.
a) Deontological
b) Teleological
c) Utilitarian
33) The Ethical trading initative was initiated in ……….. in 1998.
a) England
b) USA
c) France
34) The aim of Fair Labour association is to improve …………. conditions in factories.
a) Working
b) Welfare
c) Women
35) Fair labour association is concerned with ………. industry.
a) Garment
b) FMCG
c) Automobile
36) Fair wear foundation was launched in ………. In 1999.
a) Netherland
b) USA
c) Italy
37) SA 8000 guidelines are in respect of working conditions in the …………..
a) Supply Chain
b) NGO
c) Government
38) Working Rights consortium main objective is improved labour conditions in………. supplier factories.
a) Sportswear
b) Engineering
c) Chemicals
39) Places emphasis on meetings the needs of present and future generations.
a) Sustainable development
b) Education
c) Health
40) Forest is a…….resources.
a) Renewable
b) Non-renewable
c) Scarce
41) Triple Bottom line aims at achieving a balance among three main elements-people, profit and ……….
a) Planet
b) Product
c) Place
42) ………… is a branch of social science that deals with moral principles and values.
a) Ethics
b) Goodwill
c) Marketing
43) Good advertising refers to………advertising.
a) Honest
b) Convenient
c) Surrogate
44) …………ethics is the study of the ethical issues arising out of the use and development of electronics technologies.
a) IT
b) Marketing
c) HRM
45) …………is a description of employees job relevant strengths and weaknesses.
a) Perfomance Appraisal
b) Promotion
c) Transfer
46) …………refers to downsizing of employees through VRS or CRS schemes.
a) Downsizing
b) Outsoursing
c) Reducing
47) …………helps firms to track sales data.
a) MIS
b) CRM
c) CSR
48) ………….is a set of rules and norms for interacting with others on the internet.
a) Netiquettes
b) Nanotech
c) Plagiarism
49) ………..is a bundle of rights given by the law to the creators of musical and artistics works.
a) Copyrights
b) GIS
c) Trademark
50) ………….. help to stabilize and improvement stock price.
a) Corporate Governance
b) Unethical Business
c) Malign Growth
Thank u for this important mcq. Isake vajah se mujhe meri exam me bahut help hoti hai.
ReplyDeleteI think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. Saham Rekomendasi
ReplyDelete