Hello Friends… 

1.    first come,
first served, auction export right and give away export rights are the method
used to administer—-
a.    voluntary
import restraints
b.    voluntary
export restraints
c.    involuntary
import restraints
d.    involuntary
export restraints
ANS: B
 
2.    which
of the following is not the mode of international delivery of services under
GATS?
a.    Cross
border supply
b.    consumption
abroad
c.    commercial
absence
d.    movement
of personnel
ANS: C
 
 
3.    the Uruguay
(UR) agreement envisages substantial tariff—- in both industrial and
developing countries.
a.    increase
b.    reduction
c.    cancelation
d.    expansion
ANS: D
 
4.    the
statutory for administration of foreign exchange in india is—
a.    foreign
exchange regulation act 1973
b.    the
foreign  exchange management act 1999
c.    foreign
exchange regulation act 1947
d.    exchange
control manual
ANS:B
 
5.    the
—– fiscal policy combined with easy credit policy will pace ample resources
at the disposal of the government to finance public expenditure projects and it
will induce the private investment which will add more quickly the output
without borrowing
a.    neutral
b.    tight
c.    easy
d.    none
of these
ANS: D
 
6.    under
which system of valuation, SDRs were valued in terms of 16 currencies, which
were assigned specific weights?
a.    standard
basket valuation
b.    standard
charted valuation
c.    various
currencies valuation
d.    none
of the above
ANS: A
 
7.    exchange
rates—
a.    are
always fixed
b.    fluctuate
to equate of quantity of foreign exchange with the quantity supplied
c.    fluctuate
to equate imports and export
d.    fluctuate
to equate rate of interest in various countries
ANS: C
 
8.    —-
are golden mean between the maximum and minimum rates of tariff
a.    revenue
tariff
b.    protective
tariff
c.    single
columns tariff
d.    optimum
tariff
ANS: 4
 
 
9.    south
Asian association for regional corporation (SAARC) WAS established
a.    December
1983
b.    December
1984
c.    December
1985
d.    December
1986
ANS: C
 
10. exchange
rate—
a.    are
always fixed
b.    fluctuate
to equal the quality of foreign change demanded with the quality supplied
c.    fluctuate
to equal import and export
d.    fluctuate
to equal rate of interest in various countries
ANS: D
 
11. Trips
is the most imp and comprehensive international agreement on —
a.    intellectual
profit right
b.    intellectual
property rights
c.    intellectual
prosperity right
d.    intellectual
performance right
ANS: B
 
12. import
quota is nothing but import quota —- system
a.    regulatory
b.    profit
c.    competition
d.    cooperation
ANS: A
 
13. the
Uruguay agreement envisages substance tariff — in both industry and
development countries
a.    increase
b.    reduction
c.    cancellation
d.    expansion
ANS: D
 
14. Mundell-Fleming
model bring about internal and external balance through the equality between
a.    IS and
LM curves
b.    IS AND
BP CURVES
c.    LM AND
BP CURVES
d.    IS ,
LM , AND BP,  CURVES
ANS: D
 
15. the
transaction in which the exchange of currency take place at a specific future
date subsequent to spot date is called
a.    swap
transaction
b.    forward
transaction
c.    future
transaction
d.    spot
transaction
ANS: B
 
16. protection
policy includes —
a.    only
import substitution
b.    only
export substitution
c.    import
promotion and export substitution
d.    import
substitution and export promotion
ANS: C
 
17. what
one of the following is not the advantage of MN corporation to the host country
a.    increase
in social activities
b.    increase
in economics activities
c.    utilisation
of natural resources
d.    RND
effort enhanced
ANS: D
 
18. the
main objective of international monetary fund was to
a.    promote
international trade
b.    help
economically backwards countries
c.    maintain
stable exchange rate
d.    promote
international liquidity
ANS: C
 
19. the
foreign trade multiplier is a function of
a.    MPS-
MPM
b.    MPS +
MPM
c.    MPS/
MPM
d.    MPS*
MPM
ANS: B
 
20. in
case of surplus balance of payment there is an
a.    outflow
of capital from home country to foreign country
b.    inflow
from foreign country to home country
c.    favourable
for foreign country to invest in home country
d.    unfavorable
for home country to invest in foreign country
ANS: C
 
21. in
international capital movement marginal efficiency of capital is —- related
with inflow of capital
a.    inversely
b.    directly
c.    neutral
d.    negative
ANS: B
 
22. ——
is the formation of group of friendly nation for mutual benefit
a.    economic
Integration
b.    social
I
c.    regional
I
d.    personal
I
ANS: B
 
23. economic
integration results in the —- of market
a.    contraction
b.    expansion
c.    destruction
d.    degradation
ANS: B
 
24. ——-results
in a reduction in world production and consumption efficiency
a.    direct
tax
b.    indirect
tax
c.    profit
rate
d.    export
subsidy
ANS: D
 
25. ——-is
the first phase of dispute settlement boby of wto
a.    execution
b.    consultation
c.    report
presentation
d.    punitive
action
ANS: B
 
26. which
of the following is not a form of intellectual property?
a.    copy
right
b.    trademark
c.    geographical
indication
d.    personal
secret
ANS: A
 
27. in —
form the member nation not only remove the trade restrictions for members but
also adopt uniform commercial policy
a.    European
Union
b.    customer
union
c.    free
trade area
d.    common
market

ANS: A

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