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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-1 section-2

Each section contains 100 MCQs on International Finance and Treasury .
1
The tenure of the Foreign Trade policy is
Discuss
Answer & Solution
Answer: Option D
Solution:
The tenure of the Foreign Trade policy is 7 years. The Foreign Trade Policy (FTP) was introduced by the Government to grow the Indian export of goods and services, generating employment and increasing value addition in the country. The Government, through the implementation of the policy, seeks to develop the manufacturing and service sectors.
2
The threshold limit for the handloom industry as per the recent EXIM policy is:
Discuss
Answer & Solution
Answer: Option C
Solution:
The threshold limit for the handloom industry as per the recent EXIM policy is 250 crores. Handloom mark enables handloom products to develop a niche market with a distinct identity.
3
A depository receipt
Discuss
Answer & Solution
Answer: Option B
Solution:
A depository receipt represents shares issued in local currency. A depositary receipt (DR) is a negotiable financial instrument issued by a bank to represent a foreign company's publicly traded securities.
4
The Imports and Exports (Control. Act was passed in the year:
Discuss
Answer & Solution
Answer: Option B
Solution:
The Imports and Exports (Control. Act was passed in the year 1947.
5
How many chapters are there in The Foreign Trade (Development and Regulation Act, 1992?
Discuss
Answer & Solution
Answer: Option C
Solution:
There are 6 chapters in The Foreign Trade (Development and Regulation Act, 1992. It is an Act to provide for the development and regulation of foreign trade by facilitating imports into, and augmenting exports from, India and for matters connected therewith or incidental thereto.
6
The period of time permitted for the fulfillment of the export obligation under EPCG is
Discuss
Answer & Solution
Answer: Option B
Solution:
The period of time permitted for the fulfillment of the export obligation under EPCG is 8 years. Customs duty subject to an export obligation equivalent to 8 times of duty saved on capital goods imported under EPCG scheme to be fulfilled over a period of 8 years reckoned from the date of issuance of licence. Capital goods would be allowed at 0% duty for exports of agricultural products and their value added variants
7
What does CCIE stand for?
Discuss
Answer & Solution
Answer: Option A
Solution:
CCIE stand for Chief Controller of Imports and Exports.
8
Bill of Lading is issued by the:
Discuss
Answer & Solution
Answer: Option B
Solution:
Bill of Lading is issued by the shipping company. A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. A bill of lading is a document of title, a receipt for shipped goods, and a contract between a carrier and shipper.
9
The process of acquiring technology from other country is called:
Discuss
Answer & Solution
Answer: Option A
Solution:
The process of acquiring technology from other country is called Licensing. A business arrangement in which one company gives another company permission to manufacture its product for a specified payment. There are few faster or more profitable ways to grow your business than by licensing patents, trademarks, copyrights, designs, and other intellectual property to others.
10
Reverse Engineering method of Technology Transfer is also called as:
Discuss
Answer & Solution
Answer: Option C
Solution:
Reverse Engineering method of Technology Transfer is also called as Licensing. The term “reverse engineering” includes any activity you do to determine how a product works, or to learn the ideas and technology that were originally used to develop the product. Reverse engineering is a systematic approach for analyzing the design of existing devices or systems.