Which of the following statement is true?
1. Rs. 63/USD is direct quote in India.
2. Rs. 63/USD is direct quote in USA.
3. 1 Rupee = 0.0158 dollars is indirect quote in India.
4. 1 Rupee = 0.0158 dollars in indirect quote in USA

The world’s four major trading currencies are all free to float against each other. They include all the following except.

A. The British Pound

B. The Japanese Yen

C. The Spanish Peso

D. The US Dollar

Not a profit maximizing business is

A. International Monetary Fund

B. International bank for Reconstruction and Development

C. International Financial Corporation

D. World Trade Organisation

Gifts and Relief are

A. Merchandise Payment

B. Service Payment

C. Factory Income

D. Transfer payment

Nations that have major economic expansion attract

A. Imports

B. Direct Foreign Investment

C. Exports

D. Privatization