MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
SDR is an international reserve asset created by                   . |
| A. | imf |
| B. | wto |
| C. | world bank |
| D. | ibrd |
| Answer» B. wto | |
| 2. |
Statistical residue is a part of . |
| A. | errors & omissions |
| B. | current account |
| C. | capital account |
| D. | reserve account |
| Answer» B. current account | |
| 3. |
Reserves are held in the following forms, except                 . |
| A. | foreign currency |
| B. | gold |
| C. | sdr |
| D. | silver |
| Answer» E. | |
| 4. |
Current account includes all of the following, except . |
| A. | merchandise balance |
| B. | services balance |
| C. | fdi |
| D. | unilateral transfers |
| Answer» D. unilateral transfers | |
| 5. |
Fee Based services includes all of the following except . |
| A. | merchant banking |
| B. | factoring |
| C. | m&a services |
| D. | custodian services |
| Answer» C. m&a services | |
| 6. |
Nations that have major economic expansion attract |
| A. | imports |
| B. | exports |
| C. | fdi |
| D. | privatization |
| Answer» D. privatization | |
| 7. |
The Exchange rate is the |
| A. | opportunity cost at which goods are produced domestically |
| B. | balance of trade ratio of one country to another |
| C. | price of one country\s currency expressed in terms of another country\s currency |
| D. | amount of currency that can be purchased with one ounce of gold |
| Answer» D. amount of currency that can be purchased with one ounce of gold | |
| 8. |
Fund based services includes all of the following except . |
| A. | bill discounting |
| B. | factoring |
| C. | lease financing |
| D. | m&a services |
| Answer» E. | |
| 9. |
Systematic record of economic transactions of a country during given period of time is known as               . |
| A. | adr |
| B. | bop |
| C. | gdr |
| D. | ifrs |
| Answer» C. gdr | |
| 10. |
The world’s major trading currencies, which are free to float against each other, include all of the following except |
| A. | british pound |
| B. | japanese yen |
| C. | us dollar |
| D. | spanish peso |
| Answer» E. | |
| 11. |
In quote of 1 USD = INR 60, is a home country |
| A. | india |
| B. | usa |
| C. | france |
| D. | russia |
| Answer» B. usa | |