McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Tourism Studies (BTS) .
| 101. |
The most popular currencies in the offshore market are ----------- |
| A. | Dollar and Yen |
| B. | Dollar and Euro |
| C. | Euro and Yen |
| D. | Euro and Rupee |
| Answer» B. Dollar and Euro | |
| 102. |
The classical theory of international trade was developed by |
| A. | Adam Smith |
| B. | Marshall |
| C. | Keynes |
| D. | None of these |
| Answer» A. Adam Smith | |
| 103. |
Open economies are |
| A. | Dependent |
| B. | Independent |
| C. | Stable |
| D. | None of these |
| Answer» A. Dependent | |
| 104. |
The settlement of spot transactions takes place within |
| A. | Tree days |
| B. | One day |
| C. | Two days |
| D. | 4 days |
| Answer» C. Two days | |
| 105. |
The exchange rates in which the spot transactions are carried out are known as |
| A. | Spot rate |
| B. | ASK rate |
| C. | Bid rate |
| D. | Forward rate |
| Answer» A. Spot rate | |
| 106. |
Purchasing Power Purity Theory presents a line between exchange rates and -------- |
| A. | Interest rate |
| B. | Inflation |
| C. | BOP |
| D. | None of these |
| Answer» B. Inflation | |
| 107. |
Which is the invisible item in the BOP |
| A. | Machinery |
| B. | Tourist |
| C. | Car |
| D. | None of these |
| Answer» B. Tourist | |
| 108. |
Which is the world’s largest source of concession assistance |
| A. | IFC |
| B. | IMF |
| C. | IBRD |
| D. | IDA |
| Answer» D. IDA | |
| 109. |
MIGA was established in |
| A. | 1978 |
| B. | 1988 |
| C. | 1998 |
| D. | 2008 |
| Answer» B. 1988 | |
| 110. |
Buffer stock financing was introduced by------------ |
| A. | IMF |
| B. | IFC |
| C. | IDA |
| D. | IBRD |
| Answer» A. IMF | |
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