International Business - International Business MCQ

26:  
India suffered from deficit balance both in trade and balance and not invisibles, hence took up a number of Steps to manage the problem.
Which one is not appropriate for this?
A.

Export control

B.

Current Account Convertibility

C.

Liberalised Export Policy

D.

Unified Exchange Rate

 
 

Option: A

Explanation :

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27:  
Which of the following is true about the Board of Governors of IMF?
A.

They meet once a year

B.
They may vote by mail at other times except the annual meeting
C.

Both (A) and (B)

D.

They are elected annually

 
 

Option: C

Explanation :

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28:  

Which one of the following is true statement

A.
A balance of trade deals with export and import of invisible items only.
B.
A balance of payment deals with both visible and invisible items.
C.
The current account is not a component of balance of payment.
D.

All of the above

 
 

Option: B

Explanation :

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29:  
In India --- has a predominant share in the debt market.
A.

Government Securities

B.

Corporate Deposits

C.

Corporate Equity

D.

Global Depository Receipts

 
 

Option: A

Explanation :

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30:  
Which of the following is the criteria for approving an IDA credit?
A.

Poverty test

B.

Performance test

C.

Project test

D.

All of the above

 
 

Option: D

Explanation :

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