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. 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