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International Finance and Treasury MCQ Questions and Solutions with Explanations | Management

International Finance and Treasury MCQ Questions and answers with easy and logical explanations. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. International FinanceMCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. Page-2 section-2

Each section contains 100 MCQs on International Finance and Treasury .
11
The apex body of the Export Promotion organizations is:
Discuss
Answer & Solution
Answer: Option D
Solution:
The apex body of the Export Promotion organizations is IIFT. The Indian Institute of Foreign Trade is an autonomous public business school established in 1963 by the Government of India to help professionalize the country's foreign trade management and increase exports by developing human resources; generating, analysing and disseminating data; and conducting research.
12
The EXIM policy 2002-2007 coincides with the:
Discuss
Answer & Solution
Answer: Option C
Solution:
The EXIM policy 2002-2007 coincides with the 9th Five year plan seeks to consolidate the gains of the previous export-import policies and has set for itself a challenging target to achieve 1 percent to share in global trade by 2007.
13
The area where the goods are permitted to be imported and re-exported without any processing in the same form is called
Discuss
Answer & Solution
Answer: Option D
Solution:
The area where the goods are permitted to be imported and re-exported without any processing in the same form is called Agri Export Zone. An Agri Export Zone or AEZ is a specific geographic region in a country demarcated for setting up agriculture based processing industries, mainly for export.
14
The components of Balance of Payment includes.
Discuss
Answer & Solution
Answer: Option B
Solution:
The components of Balance of Payment includes Current account and official reserves.
15
The total value of the products and services marketed by a nation is called.
Discuss
Answer & Solution
Answer: Option D
Solution:
The total value of the products and services marketed by a nation is called Per capita income. Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.
16
The legal settlement of international trade disputes is.
Discuss
Answer & Solution
Answer: Option A
Solution:
The legal settlement of international trade disputes is Negotiation. Negotiation is a settlement method which is usually applied in international dispute settlement. In particular, the parties discuss together, struggle, compromise and agree to settle the dispute. The result of the negotiation is that the dispute could be resolve or not.
17
The certificate issued for the registration under Export Promotion Council is called.
Discuss
Answer & Solution
Answer: Option D
Solution:
The certificate issued for the registration under Export Promotion Council is called ITC number.
18
The exports made by an exporter or manufacturer on behalf of another exporters are called
Discuss
Answer & Solution
Answer: Option A
Solution:
The exports made by an exporter or manufacturer on behalf of another exporters are called Registered Exporter. It also provides for the certification of origin on preferential origin exports from the EU to Canada and Japan. It allows a registered exporter to certify preferential origin.
19
What is the IMF's primary objective?
Discuss
Answer & Solution
Answer: Option A
Solution:
The IMF's primary objective is the overall promotion of world trade. IMF helps the member countries to achieve the balanced economic growth. It facilitates the expansion of balanced growth by the promotion and maintenance of high level of employment as the primary objective of economic policy. For this purpose, IMF helps to exploit natural resources and to put into productive channel.
20
The nodal agency of the Government of India for promoting the country's external trade is.
Discuss
Answer & Solution
Answer: Option B
Solution:
The nodal agency of the Government of India for promoting the country's external trade is Indian Institute of Foreign Trade. The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalise the country's foreign trade management and increase exports by developing human resources; generating, analysing and disseminating data; and conducting research.