MCQOPTIONS
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MCQOPTIONS
This section includes 8815 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 2501. |
With _______, the exporter ships the goods to the importer while still retaining actualtitle to the merchandise. |
| A. | a letter of credit arrangement |
| B. | an open account arrangement |
| C. | a draft arrangement |
| D. | a consignment arrangement |
| Answer» E. | |
| 2502. |
If an MNC expects cash inflows of equal amounts in two currencies, and the two currencies are ___________ correlated, the MNC's transaction exposure is relatively ___________. |
| A. | negatively; high |
| B. | negatively; low |
| C. | positively; low |
| D. | none of the above |
| Answer» C. positively; low | |
| 2503. |
Which of the following would likely have the least direct influence on a country's current account? |
| A. | inflation. |
| B. | national income. |
| C. | exchange rates. |
| D. | tariffs. |
| Answer» B. national income. | |
| 2504. |
Which of the following is the least effective way of hedging transaction exposure in the long run? |
| A. | long-term forward contract. |
| B. | currency swap. |
| C. | Parallel Loan |
| D. | Money Market Hedge |
| Answer» E. | |
| 2505. |
Which of the following is true according to the text? |
| A. | Forecasts in recent years have been very accurate. |
| B. | Use of the absolute forecast error as a percent of the realized value is a good measure to use in detecting a forecast bias. |
| C. | Forecasting errors are smaller when focused on longer term periods. |
| D. | None of the above. |
| Answer» E. | |
| 2506. |
If the interest rate is lower in the U.S. than in the United Kingdom, and if the forward rate of the British pound is the same as its spot rate: |
| A. | U.S. investors could possibly benefit from covered interest arbitrage. |
| B. | British investors could possibly benefit from covered interest arbitrage. |
| C. | neither U.S. nor British investors could benefit from covered interest arbitrage. |
| D. | A and B |
| Answer» B. British investors could possibly benefit from covered interest arbitrage. | |
| 2507. |
A perfect hedge (full coverage) on translation exposure can usually be achieved when: |
| A. | using the money market hedge. |
| B. | using the forward hedge. |
| C. | using the futures hedge. |
| D. | none of the above, since a perfect hedge is nearly impossible. |
| Answer» C. using the futures hedge. | |
| 2508. |
Futures contracts are typically _______; forward contracts are typically _______. |
| A. | sold on an exchange; sold on an exchange |
| B. | offered by commercial banks; sold on an exchange |
| C. | sold on an exchange; offered by commercial banks |
| D. | offered by commercial banks; offered by commercial banks |
| Answer» D. offered by commercial banks; offered by commercial banks | |
| 2509. |
A(n) _____ hedge protects the company from adverse exchange rate movements but allow the company to benefit from favorable movements. |
| A. | balance-sheet |
| B. | forward market |
| C. | money market |
| D. | options market |
| Answer» E. | |
| 2510. |
Which of the following forecasting techniques would best represent the use of today's forward exchange rate to forecast the future exchange rate? |
| A. | fundamental forecasting. |
| B. | technical forecasting. |
| C. | market-based forecasting. |
| D. | mixed forecasting. |
| Answer» C. market-based forecasting. | |
| 2511. |
Which of the following is a correct method of adjusting for inflation when calculating net present value? |
| A. | Estimate the future cash flows by multiplying by the specific inflation of each cash inflow and outflow item, and then discount using the real rate of return. |
| B. | Estimate the cash flows in real terms and use a real discount rate. |
| C. | Estimate the cash flows in money terms and use a real discount rate. |
| D. | Estimate the cash flows in real terms and use a money discount rate. |
| Answer» C. Estimate the cash flows in money terms and use a real discount rate. | |
| 2512. |
Goods imported for the purpose of export is known as |
| A. | Home trade |
| B. | Foreign trade |
| C. | Entrepot |
| D. | Trade |
| Answer» D. Trade | |
| 2513. |
………………….is the homeland of cooperative store movement. |
| A. | great britian |
| B. | denmark |
| C. | germany |
| D. | ussr |
| Answer» B. denmark | |
| 2514. |
In the Soviet Union the state run farms are called………… |
| A. | kolkhozy |
| B. | sovkhozy |
| C. | kibbutz |
| D. | farm houses |
| Answer» C. kibbutz | |
| 2515. |
In Denmark, …………of the dairy products including butter, cheese, cream and milk powder isexported and the remaining ………….is sold in the home market. |
| A. | 50% , 50% |
| B. | 70%, 30% |
| C. | 30%, 70% |
| D. | 80%, 20% |
| Answer» C. 30%, 70% | |
| 2516. |
The constitution of ……………….states that “universal and lasting peace can only beestablished if it is based upon social justice” |
| A. | ica |
| B. | ilo |
| C. | un |
| D. | ibrd |
| Answer» C. un | |
| 2517. |
,,,,,,,,,,,,,,,,,has been called the 'father of English Socialism'. |
| A. | robert owen |
| B. | dr. william king |
| C. | france charles fourier |
| D. | board of directors meeting |
| Answer» B. dr. william king | |
| 2518. |
………………….is the birthplace of co-operative credit movement in the World . |
| A. | great britian |
| B. | denmark |
| C. | germany |
| D. | ussr |
| Answer» D. ussr | |
| 2519. |
Friedrich Wilhelm Raiffeisen was born in …………. |
| A. | 1818 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» B. 1808 | |
| 2520. |
ICCIC, also known by the nickname Gung Ho International Committee was founded in 1939in Hong Kong to promote cooperatives in ……….. |
| A. | great britian |
| B. | denmark |
| C. | germany |
| D. | china |
| Answer» E. | |
| 2521. |
The …………….. is the highest authority of the ICA |
| A. | general assembly |
| B. | board |
| C. | regional elected bodies |
| D. | audit and control body |
| Answer» B. board | |
| 2522. |
Dhananjayrao Ramchandra Gadgil a researcher and economist who contribuer towardsforming India’s economic plans and who promoted co-operation for rural development was born on…………..at Nasik in Maharashtra. |
| A. | 10th march 1901 |
| B. | 10th march 1902 |
| C. | 10th april 1901 |
| D. | 10th april 1902 |
| Answer» D. 10th april 1902 | |
| 2523. |
The Regional Offices of AARDO for the Middle East is in………….. |
| A. | amman, jordan |
| B. | seoul, r.o. korea |
| C. | riyadh, saudi arabia |
| D. | dubai, united arab emirates |
| Answer» B. seoul, r.o. korea | |
| 2524. |
A ……………………. institution is a voluntary association of independent economicunits, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members. |
| A. | cooperative |
| B. | private |
| C. | public |
| D. | all of these |
| Answer» B. private | |
| 2525. |
Consumer Cooperative Movement started in.…………………….. |
| A. | germany |
| B. | england |
| C. | france |
| D. | ussr |
| Answer» C. france | |
| 2526. |
Great Britian is the homeland of ……………… |
| A. | rural credit co-operatives |
| B. | cooperative store movement |
| C. | urban co-operatives |
| D. | diary cooperatives |
| Answer» C. urban co-operatives | |
| 2527. |
In 1951, …………….. founded the Japanese Consumers’ Cooperative Union, or JCCU, whichwas established to represent and serve all the consumers’ cooperative societies of Japan. |
| A. | toyohiko kagawa |
| B. | akira kurosawa |
| C. | yoko ono |
| D. | miyamoto musashi |
| Answer» B. akira kurosawa | |
| 2528. |
The Regional Office of AARDO for the Southern Africa is …………….. |
| A. | accra, ghana |
| B. | lusaka, zambia |
| C. | cape town, sa |
| D. | nairobi, kenya |
| Answer» C. cape town, sa | |
| 2529. |
WCCU refers to ……………….. |
| A. | world credit council of usa |
| B. | world council for chinese unions |
| C. | world council of credit unions |
| D. | workers credit council union |
| Answer» D. workers credit council union | |
| 2530. |
Flannel Weavers organized co-operative movement in…………. |
| A. | germany |
| B. | england |
| C. | france |
| D. | ussr |
| Answer» C. france | |
| 2531. |
African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) wasincorporated in……………… |
| A. | 1968 |
| B. | 1928 |
| C. | 1868 |
| D. | 1958 |
| Answer» B. 1928 | |
| 2532. |
CICA or Indusco stands for…………….. |
| A. | chinese industries service cooperative alliance |
| B. | chinese industrial cooperative association |
| C. | china and india cooperative alliance |
| D. | core industries commerce association |
| Answer» C. china and india cooperative alliance | |
| 2533. |
On 21.12.1844, the Rochdale Pioneers established a society with a working capital of…… |
| A. | £288 |
| B. | £28 |
| C. | £208 |
| D. | £82 |
| Answer» C. £208 | |
| 2534. |
In Israel collective farms are called …………. |
| A. | kolkhozy |
| B. | sovkhozy |
| C. | kibbutz |
| D. | farm houses |
| Answer» D. farm houses | |
| 2535. |
Schultz organized his first bank in ………….city |
| A. | delitzsch |
| B. | new york |
| C. | paris |
| D. | london |
| Answer» B. new york | |
| 2536. |
Cooperative societies in Japan were initiated during the era of ……….democracy. |
| A. | edo |
| B. | meiji |
| C. | showa |
| D. | taisho |
| Answer» E. | |
| 2537. |
……………… is, “a form of organisation wherein persons voluntarily associate togetheras human beings on a basis of equality for the promotion of economic interest of themselves”. |
| A. | cooperation |
| B. | joint stock companies |
| C. | cartels |
| D. | trusts |
| Answer» B. joint stock companies | |
| 2538. |
Schulze Delitzsch was born in.…………….. |
| A. | 1818 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» C. 1771 | |
| 2539. |
CICA’s international arm the International Committee for the Promotion of Chinese IndustrialCooperatives (ICCIC) is also known by the nickname …………….. |
| A. | gung ho international committee |
| B. | gang ho international committee |
| C. | bang home industrial committee |
| D. | gung home industrial committee |
| Answer» B. gang ho international committee | |
| 2540. |
Denmark is famous for ………………Co-operatives. |
| A. | credit |
| B. | store |
| C. | dairy |
| D. | consumer |
| Answer» D. consumer | |
| 2541. |
The meaning of Gung Ho is………. |
| A. | working together |
| B. | friends |
| C. | friendship |
| D. | working friendship |
| Answer» B. friends | |
| 2542. |
A…………………… has been defined as an “economic and social organisation of theworking people, serving not only interest of the members, but also social progress,” which promotes safeguards and realizes the interests and aspirations of the working people”. |
| A. | cooperative organisation |
| B. | private organisation |
| C. | public organisation |
| D. | all of these |
| Answer» B. private organisation | |
| 2543. |
ICA refers to……………. |
| A. | international co-operative alliance |
| B. | indian co-operative association |
| C. | indonesian co-operative association |
| D. | international control of alliances |
| Answer» B. indian co-operative association | |
| 2544. |
In Germany, …………………….was the promoter of urban co-operatives and co-operatives inhandicrafts. |
| A. | france charles fourier |
| B. | schulze-delitzch |
| C. | friedrich wilhelm raiffeisen |
| D. | none of the above |
| Answer» C. friedrich wilhelm raiffeisen | |
| 2545. |
The Danish Co-operative College was established by the Danish Co-operative Wholesale Societyat Middelfort in…………. |
| A. | 1912 |
| B. | 1932 |
| C. | 1892 |
| D. | 1832 |
| Answer» C. 1892 | |
| 2546. |
…………….is the trademark of Denmark dairy products. |
| A. | amul |
| B. | lurbrand |
| C. | living |
| D. | the co-operative |
| Answer» C. living | |
| 2547. |
Robert Owen was born in……. |
| A. | 1818 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» D. 1757 | |
| 2548. |
ACCOSCA has a membership of …………countries in Africa. |
| A. | 36 |
| B. | 38 |
| C. | 28 |
| D. | 25 |
| Answer» D. 25 | |
| 2549. |
France Charles Fourier was born in…………. |
| A. | 1722 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» B. 1808 | |
| 2550. |
…………………published a Treatise on Domestic Agricultural Association in 1822. |
| A. | france charles fourier |
| B. | schulze-delitzch |
| C. | friedrich wilhelm raiffeisen |
| D. | none of the above |
| Answer» B. schulze-delitzch | |