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11
International liquidity comprises which four of the following?
(i) Gold held by Central Banks
(ii) Gold held by families
(iii) Forex Reserve held by Commercial Banks
(iv) Mineral wealth
(v) SDRs
(vi) Borrowing facilities
(vii) NRIs FDRs
(viii) Credit facilities available under AWAP
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Answer & Solution
Answer: Option C
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12
Which of the following are items of invisible transaction?
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Answer: Option D
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13
World Bank provides loan to the member country
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Answer: Option D
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14
Consider the following statements.
Assertion (A): The member nations facing balance of payments crisis can approach the IMF seeking redressal of the BOP crisis.
Reason (R): The goal of world leaders who attended Bretton wood conference in 1944 was to promote international monetary cooperation so as to reduce the repetition of world war type conflicts.
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Answer: Option C
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15
Which of the following is a rationale for governments imposing offensive trade and investment barriers?
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Answer: Option A
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16
Which of the following is not a part of the economic environment of business?
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Answer: Option D
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17
Match the items of List-I with items in List-II and select a correct answer.
List-I List-II
a. Current Account 1. Official Capital
b. Capital Account 2. Reserves from foreign countries
c. Unilateral Payments 3. Reparations
d. Official Statement 4. Visible Exports Account and Imports
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Answer: Option C
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18
Who may be Governor of IMF?
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Answer: Option A
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19
Which theory explores the possibility of two nation operating at the same level of efficiency, benefiting by trading with each other?
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Answer: Option B
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20
Study of business environment is important because
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Answer: Option C
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