Business Economics M.Com Part 1 mcq pdf
Mumbai University M.com Part 1 All Subject MCQ Link In One Link
1. To promote and sustain mutual trade and
cooperation among member countries is the main objective of _
A. SAQTA
SAQTA
B. SAPTA
SAPTA
C. SALTA
SALTA
D. SAMTA
SAMTA
ANS: B
2. Protection Policy includes __
A. only import substitution
B. only export promotion.
C. Import promotion and export substitution
D. Import substitution and export promotion
ANS: C
3. countries that r part of the --- accept the same foreign duties
A. free trade area
B. customs union
C. economic union
D. sectoral integration
ANS: B
4. in an open economy national income when I ANS: X <S ANS: M, ......
A. contraction in national income takes place
B. expansion in national income takes place
C. equilibrium in national income takes place
D. none of these
ANS: C
5. Economic opportunities, conveniences, high wages, modern lifestyle are the _ of migration.
A. Push factors
B. Pull factors
C. Economic factors
D. Geographical factors
ANS: C
6. Disputes in WTO are mainly about __
A. Broken images
B. Broken dreams
C. Broken phases
D. Broken promises/rules
ANS: D
7. Which of the following is not a form of intellectual property?
A. Copyright
B. Trademarks
C. Geographical indications
D. Personal secret
ANS: C
8. which of the following statement is true
A. export exposure leads to exchange risk
B. exchange risk leads to export exposure
C. exchange risk and export exposure are not related to each other
D. None of these
ANS: D
9.---was initially known as European common market (ECM) AND European economic community (EEC)
A. European union
B. Customs union
C. free trade area
D. preferential trading
ANS: A
10.the headquarters of international monetary fund’s s in
A. Manila
B. Cairo
C. Berlin
D. Washington
ANS: D
11.south Asian association for regional cooperation (SAARC) was established in
A. December 1983
B. December 1984
C. December 1985
D. December 1986
ANS: C
12. Keynes Multiplier depends upon _
A. I + S
I + S
B. K=F(MPC)
K=F(MPC)
C. C + S
C + S
D. M + P
M + P
ANS: B
13. ....... is the first phase of dispute settlement body of WTO
A. Execution
B. consultation
C. report presentation
D. punitive action
ANS: B
14. The expenditure chagrin policies to bring about internal and external balance are also termed as ......
A. expenditure accommodating policies
B. expenditure accustoming polices
C. expenditure adapting policies
D. expenditure adjustment policies
ANS: B
15. Closed economy multiplier gets designated as K which is a function of ......
A. MPC
B. MPS
C. MPC*MPS
D. MPC/MPS
ANS: D
16. Arbitrageur in a foreign exchange market .....
A. buys when the currency i low and sells when it is high
B. Simultaneously buying and selling of currency with a view of making riskless profit
C. buying at present rate and selling in future without considering its value
D. but and selling only we markets are uncertain
ANS: D
17. Where do MNCs choose to set up production?
A. Cheap goods
B. Cheap labour resources
C. Economic sustainability
D. None of these
ANS: B
18. The role of _ adopted by developed countries have a big difficulty to developing countries.
A. Free trade
B. Protection Policy
C. Export
D. Dumping
ANS: B
19. when a country suffers from deficit in the balance of payments the central bank-- the bank rate
A. do not change
B. increase
C. Decrease
D. none of these
ANS: D
20. according to modern economist’s trade liberalisation has increased --- in market
A. consumer dream
B. Consumer theft
C. Consumer choice
D. consumer fight
ANS: C
21. --- results in a reduction in world production and consumption efficiency
A. direct tax
B. in direct tax
C. Profit tax.
D. export subsidy
ANS: B
22. the value of foreign trade multiplier (KF) because of which the following leakage
A. saving and investment
B. saving and export
C. Import and saving
D. import and export
ANS: D
23. which s the cause of the devaluation of any country currency
A. increase in the domestic inflation rate
B. Domestic real interest rates less than foreign interest rates
C. Much increase in the incomes
D. All of these
ANS: D
24. Exchange rates ......
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 of interest in various countries
ANS: B
25. The developing countries in trade in textile wanted a fast phasing out if the --- up under which the textile import have been restricted
A. Multi fibred arrangements
B. multi fibred agreement
C. Multi fibred scheme
D. multi fibred treaty
ANS: A
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