McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Tourism Studies (BTS) .
| 51. |
A deficit BOP exists, when ----------------- |
| A. | Receipts> payments |
| B. | Receipts< payments |
| C. | Receipts= payments |
| D. | None of these |
| Answer» B. Receipts< payments | |
| 52. |
IBRD is also known as --------------- |
| A. | Asian Bank |
| B. | Development Bank |
| C. | World Bank |
| D. | Investment Bank |
| Answer» C. World Bank | |
| 53. |
Bretton wood twins are ------------------ |
| A. | IMF& world Bank |
| B. | IMF & ADB |
| C. | IBRD & IFC |
| D. | IDA & IFC |
| Answer» C. IBRD & IFC | |
| 54. |
UNCTAD was constituted in ----------- |
| A. | 1961 |
| B. | 1962 |
| C. | 1963 |
| D. | 1964 |
| Answer» D. 1964 | |
| 55. |
WTO came into existence with a membership of ------------------ |
| A. | 124 |
| B. | 125 |
| C. | 121 |
| D. | 120 |
| Answer» B. 125 | |
| 56. |
GATT was constituted in ---------------- |
| A. | 1946 |
| B. | 1947 |
| C. | 1948 |
| D. | 1950 |
| Answer» C. 1948 | |
| 57. |
The Indian Currency code used in foreign exchange market is |
| A. | INR |
| B. | IDN |
| C. | IND |
| D. | IDA |
| Answer» A. INR | |
| 58. |
--------------- takes into account only merchandize exports and imports |
| A. | BOP |
| B. | BOT |
| C. | TOB |
| D. | BTO |
| Answer» B. BOT | |
| 59. |
Which is known as paper gold |
| A. | SRDs |
| B. | SDRs |
| C. | YEN |
| D. | DOLLAR |
| Answer» B. SDRs | |
| 60. |
Increase in the value of a currency is known as -------------- |
| A. | Devaluation |
| B. | Depreciation |
| C. | Appreciation |
| D. | None of these |
| Answer» C. Appreciation | |
| 61. |
Decrease in the value of a currency is known as ------------- |
| A. | Depreciation |
| B. | Appreciation |
| C. | Overvaluation |
| D. | None of these |
| Answer» A. Depreciation | |
| 62. |
IMF created buffer stock financing facility in ----------- |
| A. | 1959 |
| B. | 1969 |
| C. | 1979 |
| D. | 1989 |
| Answer» B. 1969 | |
| 63. |
SDRs are popularly known as ------------------ |
| A. | Gold |
| B. | Paper gold |
| C. | Paper money |
| D. | None of these |
| Answer» B. Paper gold | |
| 64. |
IDA was established in ------------- |
| A. | 1960 |
| B. | 1950 |
| C. | 1970 |
| D. | 1955 |
| Answer» A. 1960 | |
| 65. |
The President of IBRD is the head of --------------- |
| A. | ADB |
| B. | IDA |
| C. | EFTA |
| D. | None of these |
| Answer» B. IDA | |
| 66. |
The membership of the IDA is open to all membership of ----------- |
| A. | ADB |
| B. | IDBI |
| C. | ICICI |
| D. | IBRD |
| Answer» D. IBRD | |
| 67. |
Part I members of IDA are called ------------------- |
| A. | G24 members |
| B. | G10 members |
| C. | G20 members |
| D. | None of these |
| Answer» A. G24 members | |
| 68. |
IFC was established in ------------- |
| A. | 1956 |
| B. | 1958 |
| C. | 1960 |
| D. | none |
| Answer» A. 1956 | |
| 69. |
IDA loans are known as ------------- |
| A. | IDA window |
| B. | IDA credits |
| C. | IDA loans |
| D. | None of these |
| Answer» B. IDA credits | |
| 70. |
IDA grants loans to those projects which are not financed by ------- |
| A. | IMF |
| B. | ADB |
| C. | IBRD |
| D. | ASEAN |
| Answer» C. IBRD | |
| 71. |
Which is the largest financial market in the world |
| A. | International Capital Market |
| B. | International financial market |
| C. | Foreign exchange market |
| D. | None of these |
| Answer» C. Foreign exchange market | |
| 72. |
FEMA is enacted by --------- |
| A. | Parliament of India |
| B. | Supreme Court of India |
| C. | RBI |
| D. | None of these |
| Answer» A. Parliament of India | |
| 73. |
The currency of Austria |
| A. | Euro |
| B. | Dollar |
| C. | Mark |
| D. | Pound |
| Answer» A. Euro | |
| 74. |
Which monetary system is suitable for global economies |
| A. | Fixed |
| B. | Pegging |
| C. | Flexible |
| D. | None of these |
| Answer» C. Flexible | |
| 75. |
Smithsonian Agreement is for ----------------------- |
| A. | Saving bretton wood system |
| B. | Saving gold standard |
| C. | Protect flexible system |
| D. | None of these |
| Answer» A. Saving bretton wood system | |
| 76. |
------------------- system imposes a discipline an monetary authorities |
| A. | Flexible |
| B. | Fixed |
| C. | Bretton wood |
| D. | None of these |
| Answer» B. Fixed | |
| 77. |
Speculation is not possible in the case of --------- system |
| A. | Flexible |
| B. | Gold standard |
| C. | Fixed |
| D. | None of these |
| Answer» C. Fixed | |
| 78. |
Increased capital inflows increases ------------------ |
| A. | Imports |
| B. | Value of domestic currency |
| C. | Value of foreign currency |
| D. | None of these |
| Answer» B. Value of domestic currency | |
| 79. |
Political instability leads to ------------- in the value of that country’s currency |
| A. | Decrease |
| B. | Stability |
| C. | Increase |
| D. | None of these |
| Answer» A. Decrease | |
| 80. |
-------------- is a social factor that influence the exchange rate |
| A. | War |
| B. | Tourism |
| C. | Changes in preferences |
| D. | None of these |
| Answer» C. Changes in preferences | |
| 81. |
When exports increase, the supply of foreign currency ----------- |
| A. | Increases |
| B. | Decrease |
| C. | Remains constant |
| D. | None of these |
| Answer» A. Increases | |
| 82. |
When imports increase, the supply of foreign currency ------------- |
| A. | Increase |
| B. | Decrease |
| C. | Remains constant |
| D. | None of these |
| Answer» B. Decrease | |
| 83. |
Price index is considered in ---------------- theory of exchange rate determination |
| A. | BOP theory |
| B. | PPP theory |
| C. | Mint Purity theory |
| D. | None of these |
| Answer» B. PPP theory | |
| 84. |
Capital outflows leads to increase in the --------------- |
| A. | Supply of foreign currencies |
| B. | Demand for foreign currencies |
| C. | Demand for domestic currency |
| D. | None of these |
| Answer» B. Demand for foreign currencies | |
| 85. |
A deficit budget leads to ---------------- |
| A. | Decrease in the value of domestic currency |
| B. | Increase in the value of domestic currency |
| C. | Stability in the exchange rate |
| D. | None of these |
| Answer» A. Decrease in the value of domestic currency | |
| 86. |
Mint parity theory is suitable for --------- |
| A. | Gold standard |
| B. | Paper standard |
| C. | Flexible system |
| D. | None of these |
| Answer» A. Gold standard | |
| 87. |
Forex reserves of a country are held by --------------------- |
| A. | Commercial Banks |
| B. | Central Banks |
| C. | Investment Banks |
| D. | None of these |
| Answer» B. Central Banks | |
| 88. |
Extending of economic activities across national boundaries is known as ------------- |
| A. | Liberalization |
| B. | Privatization |
| C. | Globalization |
| D. | None of these |
| Answer» C. Globalization | |
| 89. |
The WTO is the successor to ------------- |
| A. | VAT |
| B. | GATT |
| C. | GTT |
| D. | ATT |
| Answer» B. GATT | |
| 90. |
Central bank is likely to set policies and procedures to keep the exchange rate ------------------ |
| A. | Down |
| B. | Stable |
| C. | Up |
| D. | None of these |
| Answer» B. Stable | |
| 91. |
------------- of a country is the relation over a period between the values of her exports and the values of her imports |
| A. | BOP |
| B. | BOT |
| C. | Budget |
| D. | None of these |
| Answer» B. BOT | |
| 92. |
Devaluation raised the domestic price of -------------- |
| A. | Exports |
| B. | Imports |
| C. | Both exports and imports |
| D. | None of these |
| Answer» B. Imports | |
| 93. |
Devaluation reduces the foreign price of -------------- |
| A. | Exports |
| B. | Imports |
| C. | Both exports and imports |
| D. | None of these |
| Answer» A. Exports | |
| 94. |
Under gold standard the value of the currency unit was defined in terms of ------------- |
| A. | Currencies |
| B. | Silver |
| C. | Gold |
| D. | None of these |
| Answer» C. Gold | |
| 95. |
The ADB was set up in the year |
| A. | 976 |
| B. | 1967 |
| C. | 1965 |
| D. | 1966 |
| Answer» D. 1966 | |
| 96. |
The ADB is managed by ------------- |
| A. | Director General |
| B. | Managing Director |
| C. | President |
| D. | None of these |
| Answer» C. President | |
| 97. |
Mahalanobis Strategy adopted in the ----------- |
| A. | 1st five year plan |
| B. | 2ND five year plan |
| C. | 3RD five year plan |
| D. | 4TH five year plan |
| Answer» B. 2ND five year plan | |
| 98. |
EXIM Bank of India was established in --------------- |
| A. | 1980 |
| B. | 1981 |
| C. | 1982 |
| D. | 1983 |
| Answer» C. 1982 | |
| 99. |
Euro is a ---------- |
| A. | Basket Currency |
| B. | Paper Gold |
| C. | Gold Currency |
| D. | None of these |
| Answer» A. Basket Currency | |
| 100. |
The agreement, TRIPs and TRIMs are related to ------------- |
| A. | ADB |
| B. | IBRD |
| C. | WTO |
| D. | None of these |
| Answer» C. WTO | |
Done Studing? Take A Test.
Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.