Question 1

IDA loans are known as -------------

Accepted Answer

A)  IDA window
B)  IDA credits
C)  IDA loans
D)  None of these B

Question 2

Bretton wood twins are ------------------

Accepted Answer

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

Question 3

IFC was established in -------------

Accepted Answer

A)  1956
B)  1958
C)  1960
D)  none A

Question 4

IMF created buffer stock financing facility in -----------

Accepted Answer

A)  1959
B)  1969
C)  1979
D)  1989

Question 5

SDRs are popularly known as ------------------

Accepted Answer

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

Question 6

IDA grants loans to those projects which are not financed by -------

Accepted Answer

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

Question 7

The currency of Austria

Accepted Answer

A)  Euro
B)  Dollar
C)  Mark
D)  Pound

Question 8

Part I members of IDA are called -------------------

Accepted Answer

A)  G24 members
B)  G10 members
C)  G20 members
D)  None of these

Question 9

The President of IBRD is the head of ---------------

Accepted Answer

A)  ADB
B)  IDA
C)  EFTA
D)  None of these

Question 10

A deficit BOP exists, when -----------------

Accepted Answer

A)  Receipts> payments
B)  Receipts
C)  Receipts= payments
D)  None of these

Question 11

The Indian Currency code used in foreign exchange market is

Accepted Answer

A)  INR
B)  IDN
C)  IND
D)  IDA

Question 12

IBRD is also known as ---------------

Accepted Answer

A)  Asian Bank
B)  Development Bank
C)  World Bank
D)  Investment Bank

Question 13

UNCTAD was constituted in -----------

Accepted Answer

A)  1961
B)  1962
C)  1963
D)  1964

Question 14

Decrease in the value of a currency is known as -------------

Accepted Answer

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

Question 15

Which monetary system is suitable for global economies

Accepted Answer

A)  Fixed
B)  Pegging
C)  Flexible
D)  None of these

Question 16

The membership of the IDA is open to all membership of -----------

Accepted Answer

A)  ADB
B)  IDBI
C)  ICICI
D)  IBRD

Question 17

WTO came into existence with a membership of ------------------

Accepted Answer

A)  124
B)  125
C)  121
D)  120

Question 18

--------------- takes into account only merchandize exports and imports

Accepted Answer

A)  BOP
B)  BOT
C)  TOB
D)  BTO

Question 19

Smithsonian Agreement is for -----------------------

Accepted Answer

A)  Saving bretton wood system
B)  Saving gold standard
C)  Protect flexible system
D)  None of these

Question 20

Increase in the value of a currency is known as --------------

Accepted Answer

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

Exam 3: International Finance and Trade