Question 1

GATT came into existence in ----------------

Accepted Answer

A) 1947 
B) 1946 
C) 1948 
D) 1950 
A) 1947 
B) 1946 
C) 1948 
D) 1950 C

Question 2

Regional member of the Asian Development Bank is

Accepted Answer

A) India 
B) UK 
C) Brazil 
D) South Africa 
A) India 
B) UK 
C) Brazil 
D) South Africa A

Question 3

SDRs are also known as -----------

Accepted Answer

A) Currency 
B) Gold 
C) Paper gold 
D) None of these 
A) Currency 
B) Gold 
C) Paper gold 
D) None of these C

Question 4

In the exchange rate determination PPP theory considers --------

Accepted Answer

A) Interest rates 
B) Inflation rates 
C) Spot transactions 
D) None of these 
A) Interest rates 
B) Inflation rates 
C) Spot transactions 
D) None of these

Question 5

The headquarter of world Bank is at ------------------

Accepted Answer

A) Washington DC 
B) Paris 
C) Geneva 
D) London 
A) Washington DC 
B) Paris 
C) Geneva 
D) London

Question 6

The official decrease in the value of a currency is known as ---------

Accepted Answer

A) Depreciation 
B) Devaluation 
C) Appreciation 
D) None of these 
A) Depreciation 
B) Devaluation 
C) Appreciation 
D) None of these

Question 7

Globalised economics prefer------------

Accepted Answer

A) Fixed System 
B) Pegging system 
C) Flexible system 
D) Bretton wood system 
A) Fixed System 
B) Pegging system 
C) Flexible system 
D) Bretton wood system

Question 8

India is a member of -------------

Accepted Answer

A) ADB 
B) IMF 
C) IBRD 
D) All the above 
A) ADB 
B) IMF 
C) IBRD 
D) All the above

Question 9

IMF started its functioning from

Accepted Answer

A) 1947 
B) 1948 
C) 1958 
D) 1978 
A) 1947 
B) 1948 
C) 1958 
D) 1978

Question 10

The objective of IDA is

Accepted Answer

A) Increase production 
B) Stability in exchange rate 
C) Improve living conditions 
D) Increase income 
A) Increase production 
B) Stability in exchange rate 
C) Improve living conditions 
D) Increase income

Question 11

SDRs scheme was initiated in -------------------

Accepted Answer

A) 1950's 
B) 1960's 
C) 1970's 
D) 1980's 
A) 1950's 
B) 1960's 
C) 1970's 
D) 1980's

Question 12

The objective of IMF is

Accepted Answer

A) Reduce Inequality 
B) Exchange rate stability 
C) Reduce poverty 
D) None of these 
A) Reduce Inequality 
B) Exchange rate stability 
C) Reduce poverty 
D) None of these

Question 13

The rate at which one currency is exchanged for another is known as ------------

Accepted Answer

A) Exchange options 
B) Foreign exchange 
C) Exchange rate 
D) Futures 
A) Exchange options 
B) Foreign exchange 
C) Exchange rate 
D) Futures

Question 14

According to PPP theory the exchange rate between two currencies are determined by their ------------

Accepted Answer

A) Relative price level 
B) Relative interest level 
C) Relative income level 
D) None of these 
A) Relative price level 
B) Relative interest level 
C) Relative income level 
D) None of these

Question 15

Determining the exchange rate at a higher level than prevailing in the foreign exchange market is known as ------------

Accepted Answer

A) Pegging up 
B) Pegging down 
C) Undervaluation 
D) None of these 
A) Pegging up 
B) Pegging down 
C) Undervaluation 
D) None of these

Question 16

Which is known as soft loan window of IBRD

Accepted Answer

A) MIGA 
B) IFC 
C) IMF 
D) IDA 
A) MIGA 
B) IFC 
C) IMF 
D) IDA

Question 17

Smithsonian Agreement was signed in the year ---------

Accepted Answer

A) 1970 
B) 1972 
C) 1973 
D) 1971 
A) 1970 
B) 1972 
C) 1973 
D) 1971

Question 18

GATT was changed to ---------------

Accepted Answer

A) WTO 
B) IBRD 
C) ADB 
D) IMF 
A) WTO 
B) IBRD 
C) ADB 
D) IMF

Question 19

Which are known as Bretton Wood Twins?

Accepted Answer

A) IMF&IFC 
B) IFC & IDA 
C) IMF & IBRD 
D) ADB & IDA 
A) IMF&IFC 
B) IFC & IDA 
C) IMF & IBRD 
D) ADB & IDA

Question 20

FEMA is known as -------------

Accepted Answer

A) FEMA 1999 
B) FEMA 2000 
C) FEMA 2001 
D) FEMA 1998 
A) FEMA 1999 
B) FEMA 2000 
C) FEMA 2001 
D) FEMA 1998

GATT came into existence in ----------------

Regional member of the Asian Development Bank is

SDRs are also known as -----------

In the exchange rate determination PPP theory considers --------

The headquarter of world Bank is at ------------------

The official decrease in the value of a currency is known as ---------

Globalised economics prefer------------

India is a member of -------------

IMF started its functioning from

The objective of IDA is

SDRs scheme was initiated in -------------------

The objective of IMF is

The rate at which one currency is exchanged for another is known as ------------

According to PPP theory the exchange rate between two currencies are determined by their ------------

Determining the exchange rate at a higher level than prevailing in the foreign exchange market is known as ------------

Which is known as soft loan window of IBRD

Smithsonian Agreement was signed in the year ---------

GATT was changed to ---------------

Which are known as Bretton Wood Twins?

FEMA is known as -------------

Insurance Types and Terms

International Finance and Trade

Global Economy: Exchange Rates, Monetary Policies, and Economic Strategies

Filters

Exam 2: International Economic Organizations and Concepts

GATT came into existence in ----------------

Regional member of the Asian Development Bank is

SDRs are also known as -----------

In the exchange rate determination PPP theory considers --------

The headquarter of world Bank is at ------------------

The official decrease in the value of a currency is known as ---------

Globalised economics prefer------------

India is a member of -------------

IMF started its functioning from

The objective of IDA is

SDRs scheme was initiated in -------------------

The objective of IMF is

The rate at which one currency is exchanged for another is known as ------------

According to PPP theory the exchange rate between two currencies are determined by their ------------

Determining the exchange rate at a higher level than prevailing in the foreign exchange market is known as ------------

Which is known as soft loan window of IBRD

Smithsonian Agreement was signed in the year ---------

GATT was changed to ---------------

Which are known as Bretton Wood Twins?

FEMA is known as -------------

Insurance Types and Terms

International Finance and Trade

Global Economy: Exchange Rates, Monetary Policies, and Economic Strategies

Filters