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Economics of global trade and finance

Business Economics, Economics of global trade and finance, M.COM PART 1, Question Bank

economics of global trade and finance m.com part 1 mcq pdf

 Mumbai University IDOL  M.Com Part 1 Economics MCQ  Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html   1. To promote and sustain mutual trade and cooperation among member countries is the main objective of _ A.   SAQTA SAQTA B.   SAPTA SAPTA C.   SALTA SALTA D.   SAMTA SAMTA ANS: B   2. Protection Policy includes __ A.   only import substitution B.   only export promotion. C.   Import promotion and export substitution D.   Import substitution and export promotion ANS: C   53. countries that r part of the — accept the same foreign duties A.   free trade area B.   customs union C.   economic union D.   sectoral integration ANS: B   54. in an open economy national income when I ANS: X <S ANS: M, …… A.   contraction in national income takes place B.   expansion in national income takes place C.   equilibrium in national income takes place D.   none of these ANS: C   55. Economic opportunities, conveniences, high wages, modern lifestyle are the _ of migration. A.   Push factors B.   Pull factors C.   Economic factors D.   Geographical factors ANS: C   56. Disputes in WTO are mainly about __ A.   Broken images B.   Broken dreams C.   Broken phases D.   Broken promises/rules ANS: D   57. Which of the following is not a form of intellectual property? A.   Copyright B.   Trademarks C.   Geographical indications D.   Personal secret ANS: C   58. which of the following statement is true A.   export exposure leads to exchange risk B.   exchange risk leads to export exposure C.   exchange risk and export exposure are not related to each other D.   None of these ANS: D   59.—was initially known as European common market (ECM) AND European economic community (EEC) A.   European union B.   Customs union C.   free trade area D.   preferential trading ANS: A   60.the headquarters of international monetary fund’s s in A.   Manila B.   Cairo C.   Berlin D.   Washington ANS: D   61.south Asian association for regional cooperation (SAARC) was established in A.   December 1983 B.   December 1984 C.   December 1985 D.   December 1986 ANS: C   62. Keynes Multiplier depends upon _ A.   I + S I + S B.   K=F(MPC) K=F(MPC) C.   C + S C + S D.   M + P M + P ANS: B   63. ……. is the first phase of dispute settlement body of WTO A.   Execution B.   consultation C.   report presentation D.   punitive action ANS: B   64. The expenditure chagrin policies to bring about internal and external balance are also termed as …… A.   expenditure accommodating policies B.   expenditure accustoming polices C.   expenditure adapting policies D.   expenditure adjustment policies ANS: B   65. Closed economy multiplier gets designated as K which is a function of …… A.   MPC B.   MPS C.   MPC*MPS D.   MPC/MPS ANS: D   66. Arbitrageur in a foreign exchange market ….. A.   buys when the currency i low and sells when it is high B.   Simultaneously buying and selling of currency with a view of making riskless profit C.   buying at present rate and selling in future without considering its value D.   but and selling only we markets are uncertain ANS: D   67. Where do MNCs choose to set up production? A.   Cheap goods B.   Cheap labour resources C.   Economic sustainability D.   None of these ANS: B   68. The role of _ adopted by developed countries have a big difficulty to developing countries. A.   Free trade B.   Protection Policy C.   Export D.   Dumping ANS: B   69. when a country suffers from deficit in the balance of payments the central bank– the bank rate A.   do not change B.   increase C.   Decrease D.   none of these ANS: D   70. according to modern economist’s trade liberalisation has increased — in market A.   consumer dream B.   Consumer theft C.   Consumer choice D.   consumer fight ANS: C   71. — results in a reduction in world production and consumption efficiency A.   direct tax B.   in direct tax C.   Profit tax. D.   export subsidy ANS: B   72. the value of foreign trade multiplier (KF) because of which the following leakage A.   saving and investment B.   saving and export C.   Import and saving D.   import and export ANS: D   73. which s the cause of the devaluation of any country currency A.   increase in the domestic inflation rate B.   Domestic real interest rates less than foreign interest rates C.   Much increase in the incomes D.   All of these ANS: D   74. Exchange rates …… A.   are always fixed B.   fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied C.   fluctuate to equate imports and exports D.   fluctuate to equate of interest in various countries ANS: B   75. The developing countries in trade in textile wanted a fast phasing out if the — up under which the textile import have been restricted A.   Multi fibred arrangements B.   multi fibred agreement C.   Multi fibred scheme D.   multi fibred treaty ANS: A   If You Need Most Importance MCQ PDF Economics  Question Bank Than Pay Rs 100 Only  Contact 8652719712 / 8779537141  Telegram Group  Mumbai Univeersity :-   https://t.me/mumbaiuniversityidol   Suraj Patel Education :-   https://t.me/surajpateleducation   F.Y.J.C EXAM :-   https://t.me/FYJCexam   S.Y.J.C EXAM :- https://t.me/SYJCexam   F.Y EXAM :-   https://t.me/fyexam   S.Y EXAM :-   https://t.me/syexam   T.Y EXAM :-   https://t.me/tyexam   M.Com Part 1 EXAM :-   https://t.me/McomPart1Exam   M.Com Part 2 EXAM :-  https://t.me/McomPart2Exam       M.A EXAM :-   https://t.me/mastudentsexam        YouTube Channel    https://www.youtube.com/channel/UCNxVWIrZ1JYB4y-bWXfaBAw       Strategic Management https://www.mumbaiuniversityidol.com/2021/05/strategic-management-mcom-part-1-mcq-pdf.html https://www.mumbaiuniversityidol.com/2021/05/marketing-strategies-and-plans-mcom.html     ECONOMICS OF GLOBAL TRADE AND FINANCE https://www.mumbaiuniversityidol.com/2021/05/mcom-part-1-economics-mcq-pdf-economics.html   ADVANCED FINANCIAL ACCOUNTING https://www.mumbaiuniversityidol.com/2021/05/advanced-cost-accounting-mcom-part-1.html   HUMAN RESOURCE MANAGEMENT           https://www.surajpateleducation.com/2020/11/human-resource-management-mcom-part-1.html    

Business Economics, Economics of global trade and finance, M.COM PART 1

M.com part 1 economics mcq pdf with answers

 Mumbai University IDOL    M.Com Part 1 Economics MCQ  Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1. international monetary funds has succeeded in resolving the issue of _ by establishing special drawing rights A.   International debt B.   international liquidity C.   internal problems D.   internal trade ANS: B   2. Keynes multiplier depends upon. A.   IANS: s B.   k=f (mps) C.   cANS: s D.   mANS: p ANS: B   3. poverty is workers economic inequality lack of employment opportunities are all considered as _ effect of migration A.   push factors B.   pull factors C.   economic factors D.   geographical factors ANS: C   4. ___ refers to the removal of trade restrictions and incentives from trade between nations A.   trade liberalisation B.   trade competition. C.   trade restriction D.   trade association ANS: A   5. classical economists like Adam smith and David Ricardo were in favors of A.   open trade B.   free trade C.   restricted trade D.   closed trade ANS: B   6. In meads model a country has to follow. _ in the exchange rate so as to combat surplus in the balance of payment A.   appreciation B.   depreciation C.   devaluation D.   Revaluation ANS: A   7. Headquarters of impf is in A.   Manila B.   Cairo C.   Berlin D.   Washington ANS: D   8. The foreign trade multiplier is a function of A.   MPS- MPM B.   MPS ANS: MPM C.   MPS/MPM D.   MPS* MPM ANS: B   9. helps to save scarce and precious foreign exchange A.   unilateral quota B.   import licensing C.   mixing quota D.   bilateral quota ANS: A   10. The statutory basis for administration of foreign exchange in India is A.   foreign exchange regulation act 1930 B.   foreign exchange management act 1999 C.   foreign exchange regulation act 1947 D.   exchange control manual ANS: A     11.which of d follow kind of investment is not a part of short term capital flow with regards to foreign capital A.   Foreign bill of exchange B.   Demand deposit C.   Portfolio investment D.   Overdraft ANS: B   12. in international trade the monopoly tendency appears in ……..form A.   industry B.   only dumping C.   only cartel D.   dumping and cartel ANS: D   13.foreign direct investment gives the economy A.   productive B.   Short term stability C.   Long term stability. D.   efficient ANS: C   14. Virtual organize are ….. on nature A.   permanent B.   temporary C.   long term D.   perpetual ANS: B   15. In a broader sense in tariff we include A.   Only import duty B.   Only export duty C.   import duty, export duty and transit duty D.   Import duty and transit duty ANS: C   16. Import quotas are adopted to _ the domestic goods price level. A.   Increase B.   Reduce C.   Stabilize D.   ignore ANS: C   17. ……. is one of the strategies for attracting and promoting foreign direct investment (FDI) A.   supply chain B.   internal trade C.   mergers and acquisition d D.   logistics ANS: A   18. __ is internationally known as the central bank of member countries. A.   Asian Development Bank B.   International Monetary Fund C.   World Bank D.   United Nations Organization ANS: A   19. the — fiscal policy combined with easy credit policy will place ample resources at the disposal of the government to finance public expenditure project and it will include the private investment which will add more quickly the output without borrowing A.   Natural. B.   tight C.   easy D.   None of these ANS: B   20. — s the function of the foreign exchange market to enter in to forward contract to sell the foreign exchange at a predetermined rate A.   Transfer function B.   Credit function C.   hedging function D.   none of these ANS: C   21. from which bank ASEAN receive financial assistance A.   world bank B.   Asia development bank C.   National development bank D.   bank of Japan ANS: B   22. …….. is a reason of outsourcing of activities by an organization A.   clear outstanding dues B.   focus on core activities C.   provide training to employees D.   create chaos ANS: B   23. in meads model simultaneous achievement of internal and external balance of economy the external balance curve positively sloped indicating that as exchange rate — domestic absorption must rise Ans vise vera. A.   appreciate B.   depreciates C.   Devaluates D.   Revaluates ANS: B   24. after the second world war many countries have used the — method to improve the balance of payments A.   import quota. B.   tariff C.   dumping D.   devaluation ANS: B   25. ___ retain the foreign bill of exchange till maturity and recover the full value of the foreign bill of exchange. A.   Discount Houses B.   Acceptable Houses C.   Central Bank D.   Commercial Banks ANS: A If You Need Most Importance MCQ PDF Economics  Question Bank Than Pay Rs 100 Only  Contact 8652719712 / 8779537141  Telegram Group  Mumbai Univeersity :-   https://t.me/mumbaiuniversityidol   Suraj Patel Education :-   https://t.me/surajpateleducation   F.Y.J.C EXAM :-   https://t.me/FYJCexam   S.Y.J.C EXAM :- https://t.me/SYJCexam   F.Y EXAM :-   https://t.me/fyexam   S.Y EXAM :-   https://t.me/syexam   T.Y EXAM :-   https://t.me/tyexam   M.Com Part 1 EXAM :-   https://t.me/McomPart1Exam   M.Com Part 2 EXAM :-  https://t.me/McomPart2Exam       M.A EXAM :-   https://t.me/mastudentsexam        YouTube Channel    https://www.youtube.com/channel/UCNxVWIrZ1JYB4y-bWXfaBAw       Strategic Management https://www.mumbaiuniversityidol.com/2021/05/strategic-management-mcom-part-1-mcq-pdf.html https://www.mumbaiuniversityidol.com/2021/05/marketing-strategies-and-plans-mcom.html     ECONOMICS OF GLOBAL TRADE AND FINANCE https://www.mumbaiuniversityidol.com/2021/05/mcom-part-1-economics-mcq-pdf-economics.html   ADVANCED FINANCIAL ACCOUNTING https://www.mumbaiuniversityidol.com/2021/05/advanced-cost-accounting-mcom-part-1.html   HUMAN RESOURCE MANAGEMENT           https://www.surajpateleducation.com/2020/11/human-resource-management-mcom-part-1.html    

Business Economics, Economics of global trade and finance, M.COM PART 1, Question Bank

Mumbai University IDOL Economics M.Com Part 1 MCQ PDF | Economics mcq questions and answers pdf

  Mumbai University IDOL  M.Com Part 1 Economics MCQ  Click Here https://www.surajpateleducation.com/2021/05/mcom-part-1-mcq-mumbai-university-mcom.html 1 A tax is shifted ___________ to producers if the supply is inelastic relative to demand. A.   backward B.   steeper C.   forward D.   upward ANS: A   2 Price ceiling is a legal __________on the price at which a good can be sold.  A.   maximum B.   minimum C.   optimum D.   efficient ANS: A   3 The bandwagon effect makes the market demand curve for the commodity to be ______ A.   more elastic B.   less elastic C.   unitary D.   neutral ANS: A   4 the Veblen effect also give rise to __________ which result in ‘Z’ shaped demand curve A.   Giffen paradox B.   Veblen paradox C.   bandwagon effect D.   index paradox ANS: B   5 in the equation Dx= a- b Px , a denotes the ________of the demand . A.   scarcity B.   slope C.   attributes D.   cost ANS: A   6 ________price influences the supply of a commodity.  A.   Reservation B.   Optimum C.   Negative D.   Equilibrium ANS: A   7 When demand is ______, price and total revenue move in the same direction .  A.   elastic B.   unitary elastic C.   inelastic D.   perfect elastic ANS: C   8 the demand for food items is _________ A.   inelastic B.   elastic C.   unitary elastic D.   perfect inelastic ANS: D   9 if demand is inelastic relative to supply, most of tax burden is shifted to _______ A.   seller B.   producer C.   both seller and buyer D.   consumers ANS: D   10 when the government impose the price floor below the __________price , the price floor is not binding.  A.   reserve B.   equilibrium C.   supply D.   demand ANS: A   11 the retail prices of all petroleum products based on ___________formula.  A.   international parity B.   domestic parity C.   SARC parity D.   Asian parity ANS: A   12 The convex indifference curve indicates _______ marginal rate of substitution.  A.   increasing B.   constant C.   upward D.   neutral ANS: A   13 A _____________sloping price consumption curve indicates negative price effect.  A.   downward B.   horizontal C.   forward D.   back ward ANS: D   14 the compensatory variation in income method leaves the consumers on _______ A.   higher level of satisfaction B.   same level of satisfaction C.   lower level of satisfaction D.   parallel level of satisfactionANS: B   15 Indifference curve sloped downward from left to right due to______ marginal rate of  substitution. A.   diminishing B.   increasing C.   neutral D.   constant ANS: A   16 Returns to scale determine the behavior of _________ A.   short run average cost B.   marginal cost C.   average fixed cost D.   long run average cost ANS: D   17 Which cost is incurred even if the company is closed?  A.   Sunk cost B.   Historical cost C.   Shutdown cost D.   Imputed cost ANS: C   18 Law of Variable proportion is applicable in_________ A.   Agriculture B.   Industries C.   long run D.   agriculture and industry ANS: D   19 The average product reached its maximum when _______ A.   marginal product is zero B.   there are increasing returns to scale. C.   marginal cost is infinitely large D.   it is equal to marginal product ANS: D   20 If marginal product is greater than average product, then as output is increased_______ A.   average product is unchanged B.   Output cannot be increased in these circumstances C.   average product decreases D.   average product increases ANS: A   21 An isoquant is _______to an iso cost line at equilibrium point. A.   convex B.   perpendicular C.   concave D.   tangent ANS: D   22 Economies of scale are of two kinds______ 2 A.   Temporary and permanent B.   Internal and external C.   Managerial and industrial D.   Natural and artificial ANS: B   23 Marginal cost is independent of_______ A.   fixed cost B.   average cost C.   variable cost D.   sunk cost ANS: A   24 Law of Variable proportion is applicable in________ A.   Agriculture B.   Industries C.   Only (a) D.   Both (a) & (b) ANS: D   25 The production function includes all the _______methods of production.  A.   technically optimum B.   technically efficient C.   cost benefit method D.   cost out put method ANS: B If You Need Most Importance MCQ PDF Economics  Question Bank Than Pay Rs 100 Only  Contact 8652719712 / 8779537141  Telegram Group  Mumbai Univeersity :-   https://t.me/mumbaiuniversityidol   Suraj Patel Education :-   https://t.me/surajpateleducation   F.Y.J.C EXAM :-   https://t.me/FYJCexam   S.Y.J.C EXAM :- https://t.me/SYJCexam   F.Y EXAM :-   https://t.me/fyexam   S.Y EXAM :-   https://t.me/syexam   T.Y EXAM :-   https://t.me/tyexam   M.Com Part 1 EXAM :-   https://t.me/McomPart1Exam   M.Com Part 2 EXAM :-  https://t.me/McomPart2Exam       M.A EXAM :-   https://t.me/mastudentsexam        YouTube Channel    https://www.youtube.com/channel/UCNxVWIrZ1JYB4y-bWXfaBAw       Strategic Management https://www.mumbaiuniversityidol.com/2021/05/strategic-management-mcom-part-1-mcq-pdf.html https://www.mumbaiuniversityidol.com/2021/05/marketing-strategies-and-plans-mcom.html     ECONOMICS OF GLOBAL TRADE AND FINANCE https://www.mumbaiuniversityidol.com/2021/05/mcom-part-1-economics-mcq-pdf-economics.html   ADVANCED FINANCIAL ACCOUNTING https://www.mumbaiuniversityidol.com/2021/05/advanced-cost-accounting-mcom-part-1.html   HUMAN RESOURCE MANAGEMENT           https://www.surajpateleducation.com/2020/11/human-resource-management-mcom-part-1.html      

Economics of global trade and finance, M.COM PART 1, Question Bank

M.com part 1 economics mcq pdf | Economics of global trade and finance m.com part 1 pdf

        Hello Friends…  Aaj ke article me aap logo ko M.com Part 1 economics related MCQ provide karne wala hu yeah MCQs kafi jyada important hai M.COM ke Student ke liye. Friends is article me 25 MCQ honge agar aapko aur bhi artical chahie ho is topic ke related to please comment Karke hame jarur batae Friends ye artical Or Iske alava other subject Ke bhi article aapko mere website per mil jaenge jiska link me aapko niche de raha hu.   Strategic Management https://www.mumbaiuniversityidol.com/2021/05/strategic-management-mcom-part-1-mcq-pdf.html   https://www.mumbaiuniversityidol.com/2021/05/mcom-part-1-strategic-management-mcq-pdf.html   Advanced Cost Accounting https://www.mumbaiuniversityidol.com/2021/05/advance-cost-accounting-mcom-paer-1-mcq.html   ECONOMICS OF GLOBAL TRADE AND FINANCE https://www.surajpateleducation.com/2020/11/mcom-part-1-economics-of-global-trade.html   ADVANCED FINANCIAL ACCOUNTING https://www.surajpateleducation.com/2020/11/advanced-financial-accounting-mcom-part.html   HUMAN RESOURCE MANAGEMENT https://www.surajpateleducation.com/2020/11/human-resource-management-mcom-part-1.html 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   If You Need Most Importance MCQ PDF Strategic Management Question Bank Than Pay Rs 100 Only  Contact 8652719712 /

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