ECONOMICS OF GLOBAL TRADE & FINANCE M.COM PART 1

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ECONOMICS OF GLOBAL TRADE & FINANCE 

ECONOMICS OF GLOBAL TRADE & FINANCE M.COM PART 1

1.    Import quota is nothing but import quota………system

a.     Regulatory

b.    Profit

c.    Competition

d.    Cooperation

ANS: A

 

2.    The most common route for investments by Multi National corporations in countries around the world to

a.    Set up new factories

b.    Buy existing local companies

c.    Form partnerships with local companies

d.    All of these

ANS: D

 

3.    Disputes in the WTO are mainly about

a.    Broken Images

b.    Broken Dreams

c.    Broken phases

d.    Broken promises/Rules

ANS:D

 

4.    The foreign trade multiplier is a function of ,……

a.    MPS-MPM

b.    MPS + MPM

c.    MPS/MPM

d.    MPS*MPM

ANS: B

 

5.    In International trade the monopoly tredency appears in …. Form

a.    Industry

b.    Only dumping

c.    Only Cartel

d.    Dumping and Cartel

ANS: D

 

6.    The statutory basis for administration of foreign exchange in india is

a.    Foreign exchange regulation act

b.    the foreign exchange management act 1999

c.    Foreign exchange Regulation act 1947

d.    exchange conrol manual

ANS: A

 

7.    When the uniform rate of duty is charged on all the commodities without making any discrimination between countries then it is called as

a.    Multiple columns tariff

b.    triple columns tariff

c.    Foreign exchange tariff

d.    Single columns tarif

ANS: D

 

8.    The problems of coutoms union are generally studied under the heading of ….. aspect

a.    Growth and development

b.    Welfare and Development

c.    Welfare and Mechanism

d.    Growth and Mechanism

ANS: A

 

9.    In Mundell’s model of achieving internal and external balance simultaneously zone IV of his diagrammatic representation explained

a.    Balance of payments surplus and inflation

b.    Deficit in balance of payments and inflation

c.    Deficit in balance of payments and unemployment

d.    surplus in balance of payments and unemployment

ANS: D

 

10. A simultaneous purchase and sales of foreign exchange for two different dates is called as

a.    Currency devaluation

b.    currency swap

c.    Currency exchange

d.    currency revaluation

ANS: B

 

11. When a country suffers from deficit in the balance of payments the central bank …. The bank rate

a.    Do not change

b.    Increases

c.    Decreases

d.    None of these

ANS: A

 

12. Which of the following statement is not true about international monetary fund

a.    IMF was established along with the world bank

b.    IMF is the result of Bretton woods conference

c.    IMF aims at reducing tariff and other restrictions by the member countries

d.    IMF gives long term loans to its member countries to correct their balance of payment disequilibrium

ANS: C

 

13. Exchange rate

a.    Are always fixed

b.    Fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied

c.    fluctuate to equate imports and exports

d.    fluctuate to equate rate of interest in various countries

ANS: D

 

14. The economic and technical cooperation among APEC is

a.    Goal oriented

b.    service oriented

c.    goods oriented

d.    capital oriented

ANS: A

 

15.  …… refers to the removal of government incetives and restrictions from trade between nations

a.    trade liberalization

b.    trade competition

c.    trade restriction

d.    trade association

ANS: A

 

16. The transaction in which the exchange of currencies takes place at a specified future date,  subsequent to the spot date is called as a __

a.    Swap transaction

b.    Forward transaction

c.    Future transaction

d.    Spot transaction

ANS: B

 

17. --- was initially known as European common market

a.    European union

b.    custom union

c.    Free trade area

d.    preferential trading

ANS: A

 

18. Protection policy includes--

a.    only import substitution

b.    only export promotion

c.    import promotion export substitution

d.    import substitution export promotion

ANS: C

 

19. --- is the main Mantra of World trade organiztion

a.    Liberalisation, Privatization, & Optimisation

b.    Liberalisation, Privatization, &  maximization

c.    Liberalisation, Privatization, & Globalisation

d.    Liberalisation Maximization & Globalization

ANS: C

 

20. According to Ohlin, International capital flow is a function of ----

a.    labour

b.    rate of interest

c.    rate of employment

d.    income

ANS: B

 

21. --- currencies are those that the govt. allows both residents & non residents to purchase in unlimited amounts

a.    Partially convertible

b.    Non convertible

c.    exotic

d.    fully convertible

ANS: D

 

22. According to ---  fiscal policy under which the govt. uses its revenue and expenditure in such a way as to produce desirable effects avoiding undesirable effects on the national economy as regards production, income, employment and baalnce of payments

a.    J.M Keynes

b.    Alan Blinder

c.    Arthur Smithies

d.    William Baumol

ANS: C

 

23. Under which system of valuation, SDRs were valued in terms of 16 currencies which were assigned specific weights?

a.    Standard basket valuation

b.    standard charted valuation

c.    various currencies valuation

d.    none of the above

ANS: A

 

24. Eurobonds are admired because

a.    They are less risky than traditional bonds

b.    European companies are considered very stable

c.    of absence of government regulation

d.    They are always denominated in terms of Euro

ANS: C

 

25. The international monetary fund was established in March 1986 --- to provide additional balance of payments assistance on concessional terms to the poor member countries

a.    Compensatory financial facility

b.    Extended Fund facility

c.    Structural Adjustment Facility

d.    Buffer stock facility

ANS: C


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 M.Com Part 1 Other Subject MCQ 

Strategic Management

1)    https://www.surajpateleducation.com/2021/04/strategic-management-mcq-pdf.html

2)    https://www.surajpateleducation.com/2021/01/strategic-management-mcom-part-1.html

3)    https://www.surajpateleducation.com/2020/11/strategic-management-mcom-part-1-mcq-pdf.html

 

Advance Cost

1)    https://www.surajpateleducation.com/2021/03/mcom-part-1-advance-cost-accounting-mcq.html

2)    https://www.surajpateleducation.com/2020/11/advanced-cost-accounting-mcom-paer-1_28.html

3)    https://www.surajpateleducation.com/2020/11/advanced-cost-accounting-mcom-paer-1.html

 

ECONOMICS OF GLOBAL TRADE & FINANCE

1)    https://www.surajpateleducation.com/2021/01/economics-of-global-trade-finance-mcq.html

2)    https://www.surajpateleducation.com/2021/01/economics-of-global-trade-finance-mcom.html

3)    https://www.surajpateleducation.com/2020/12/economics-mcq-mcom-mumbai-university.html

4)    https://www.surajpateleducation.com/2020/12/economics-mcom-part-1-mcq-pdf.html

 

Human Resource Management

1)    https://www.surajpateleducation.com/2021/01/human-resource-management-multiple.html

2)    https://www.surajpateleducation.com/2020/11/human-resource-management-mcom-part-1_25.html

3)    https://www.surajpateleducation.com/2020/11/human-resource-management-mcom-part-1.html

 

Marketing Strategies

1)    https://www.surajpateleducation.com/2020/11/marketing-strategies-and-plans-mcom.html

2)    https://www.surajpateleducation.com/2020/11/marketing-strategies-and-plans-mcq-mcom.html

 

Advanced financial

https://www.surajpateleducation.com/2020/11/advanced-financial-accounting-mcom-part_27.html

 

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