Which of the following statements is/are incorrect?
A. Regional economic integration facilitate the realisation of the optimum allocation of resources
B. Regional common market provides a largest market to all
C. Regional integration facilitates desirable change in composition of foreign trade
D. All of the above
Select an option to see the answer and solution.
Which one is called Bretton-Wood Twins?
A. IBRD and IDA
B. IMF and IFC
C. IMF and IBRD
D. IDA and IFC
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Which of the following is not a mode of foreign capital inflow to India?
A. FDI
B. FII
C. NRI
D. None of these
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Deficit financing as a tool of fiscal policy was suggested by:
A. Keynes
B. Dalton
C. J. B. Say
D. Marshall
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Match the following items of
List-I with
List-II .
List-I
List-II
a. Bretton woods conference
1. 1947
b. General Agreement on Trade and Tariffs
2. 1964
c. ACCRA conference
3. 1944
d. United Nations Conference on Trade and Development
4. 2008
A. a-2, b-4, c-1, d-3
B. a-2, b-4, c-3, d-1
C. a-2, b-3, c-4, d-1
D. a-3, b-1, c-4, d-2
Select an option to see the answer and solution.
Which of the following can be defined as the process of analyzing the environment for the identification of the factors which have implication for the business?
A. Environmental scanning
B. Environmental assessment
C. Environmental evaluation
D. None of the above
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Match the following.
List-I
List-II
a. Merchandise exports
1. Purchase of foreign goods
b. Merchandise imports
2. Sales of goods abroad
c. Investment income
3. Largely caused by excess of imports over exports in merchandise
d. Balance of payment deficits
4. Dividends, interest etc received from abroad
A. a-1, b-2, c-3, d-4
B. a-2, b-3, c-4, d-1
C. a-2, b-1, c-4, d-3
D. a-3, b-4, c-2, d-1
Select an option to see the answer and solution.
Which one of the following groups of items is included in India's Foreign-exchange Reserves?
A. Foreign-currency assets, Special Drawing Rights (SDRs) and loans from foreign countries
B. Foreign-currency assets, gold holdings of the RBI and SDRs
C. Foreign-currency assets, loans from the World Bank and SDRs
D. Foreign-currency assets, gold holding of the RBI and loans from the World Bank
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If the amount claimed by a consumer as compensation is Rs. 89 lakh, the case under the Consumers Protection Act shall be filed with
A. District Consumer Redressal Forum
B. State Consumer Disputes Redressal Commission
C. National Consumer Disputes Redressal Commission
D. Supreme Court
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Adoption and promotion of e-commerce. By government comes under which element of business environment?
A. Social
B. Political
C. Legal
D. Technological
Select an option to see the answer and solution.
Which of the following can be included in measures initiated towards globalisation by Government of India?
A. Exchange rate adjustment and rupee convertibility
B. Import liberalisation
C. Both A and B
D. None of the above
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Which of the following is not balance of payment?
A. Capital A/c
B. Loss A/c
C. Current A/c
D. None of these
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Which combination of the following is correct with regard to World Trade Organization (WTO)?
(1) WTO initiates peace process among the member countries to enhance international trade.
(2) WTO avoids the task of 'Settlement of Disputes' among the member countries.
(3) WTO administers the 'Trade Review Mechanism'.
(4) WTO cooperates in an appropriate manner with the IMF and the World Bank.
A. 2, 3 and 4
B. 1 and 3
C. 3 and 4
D. 1, 2 and 4
Select an option to see the answer and solution.
Consider these two statements.
1. The Identification of five stages of economic integration of European Union in the forms of Free Exchange Area, Customs union, Common market, Economic Union, Economic and Monetary Union.
2. The identification of convergence criteria and Maastricht Treaty type of agreement that laid the foundation of European Union.
Which of the following personality identify such events in 1961?
A. Bela Balassa
B. Milton Friedman
C. John Maynard Keynes
D. Dr. Man Mohan Singh
Select an option to see the answer and solution.
The World Bank gives financial assistance only to its
A. Member countries
B. Managing Director
C. Staff
D. Governor
Select an option to see the answer and solution.
Before a loan is made or guaranteed the bank ensures that the
A. borrower has reasonable prospects for repayment of loans
B. loan is meant for reconstruction and development
C. loan is meant for productive purpose
D. All of the above
Select an option to see the answer and solution.
Which one is not an element of internal environment?
A. Marketing capability
B. Operational capability
C. Money and capital market
D. Personnel capability
Select an option to see the answer and solution.
Which of the following is not the item of capital account?
A. NRI deposits
B. Official transfers
C. Disbursement
D. External assistance
Select an option to see the answer and solution.
Both Foreign Direct Investment (FDI) and Foreign Portfolio Investor (FPI) are related to investment in a country. Which one of the following statements best represents an important difference between the two?
A. FPI helps bring better management skills and technology, while FDI only brings in capital
B. FPI helps in increasing capital availability in general, while FDI only targets specific sectors
C. FDI flows only into the secondary market, while FPI targets primary market
D. FPI is considered to be more stable than FDI
Select an option to see the answer and solution.
Consider the following statements.
Assertion (A): The major economic powers have succeeded in creating a new international regime where the profits and the dominance of their transnational corporations will be the decisive consideration.
Reason (R): This regime will legitimize the process of progressive erosion of the sovereign economic space of the third-world countries.
A. Both (A) and (R) are correct and (R) is the right explanation of (A)
B. Both (A) and (R) are correct, but (R) is not the right explanation of (A)
C. Both (A) and (R) are incorrect
D. (R) is correct, but (A) is not correct
Select an option to see the answer and solution.