31
The capital account consists of
A)
loans
B)
investments
C)
other transfer financial assets
D)
all of the above
Answer & Solution
Answer: Option
D
32
Which of the following are results of Bretton Woods's Conference?
A)
1, 2, 3
B)
2, 3, 4
C)
1, 3, 4
D)
All of the above
Answer & Solution
Answer: Option
D
33
Heckscher-Ohlin theory explains international trade in terms of
A)
demand differences
B)
differences in factor endowments
C)
differences in labour productivity
D)
None of the above
Answer & Solution
Answer: Option
B
A)
introductory stage
B)
maturity stage
C)
growth stage
D)
all of these
Answer & Solution
Answer: Option
D
35
Match the following.
List-I (Theories of International Trade) List-II (Features)
a. Theory of reciprocal demand
1. Through specialisation, countries could increase their efficiency
b. Theory of absolute advantage
2. It emphasises the demand side as well
c. Theory of mercantilism
3. It assume that there is only one factor of production
d. Theory of comparative cost
4. Countries should export more than they import
A)
a-4, b-3, c-2, d-1
B)
a-2, b-1, c-4, d-3
C)
a-3, b-4, c-1, d-2
D)
a-2, b-3, c-4, d-1
Answer & Solution
Answer: Option
D
36
The Indian Government has classified importers into
A)
industrial users
B)
non-industrial users
C)
actual users
D)
all of these
Answer & Solution
Answer: Option
D
37
Multilateral Investment Guarantee Agency (MIGA), an affiliate of World Bank, aims to address which one of the following?
A)
To promote comparative advantage among the trading nations to foster international trade
B)
To promote a platform for dispute settlement mechanism in world trade guarantee
C)
To encourage foreign direct in developoing countries by protecting investors from non-commercial risk
D)
To promote international trade in goods and intelligence services
Answer & Solution
Answer: Option
C
38
Which of the following items are not patentable?
A)
1, 2, 4, 6
B)
1, 3, 4, 6
C)
Both 1 and 5
D)
Both 1 and 4
Answer & Solution
Answer: Option
C
39
Which of the following statements(s) is/are correct about WTO?
A)
Only 1
B)
Only 2
C)
Both 1 and 2
D)
None of the above
Answer & Solution
Answer: Option
A
40
Which of the following statement is not true for FIEO?
A)
This is an apex body of several organisations related to export promotions
B)
The federation works as a link between the international organisations and the government
C)
They have been established by the Indian Government to promote some of the traditional commodities that have high export potential in the global market
D)
It facilitates direct communication between the businessmen of the world and India
Answer & Solution
Answer: Option
C
