International Finance and Treasury MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9

71.
Syndication of loans is done in

A. Eurocredit market

B. Eurobond market

C. Euronote market

D. All the above

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72.
The Bretton Woods System called for:

A. The IMF to promote development

B. Floating exchange rates against the Japanese Yen

C. Fixed exchange rates against the US Dollar

D. Floating exchange rates against US Dollar

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73.
The number of nostro accounts that can be maintained by a bank in a particular currency is

A. One

B. not exceeding three

C. minimum two

D. no such limit

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74.
Non-resident bank accounts are maintained in

A. the permitted currencies

B. the currency of the country of the bank maintaining the account

C. the currencies in which FCNR accounts are permitted to be maintained

D. Indian rupee

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75.
Full fledged money changers are authorized to undertake

A. only sale transactions

B. only purchase transactions

C. all types of foreign exchange transactions

D. purchase and sale of foreign currency notes, coins and travellers cheques

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76.
According to classification by IMF, the currency system of India falls under

A. managed floating

B. independently floating

C. crawling peg

D. pegged to basket of currencies

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77.
Under fixed exchange rate system, fall in the value of domestic currency due to deficit in balance of payments resulted in

A. depreciation of the currency

B. devaluation of the currency

C. appreciation of the currency

D. no change in the exchange rate normally

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78.
Under the original scheme IMF, a member country had to obtain the permission of IMF for

A. any devaluation of its currency

B. any devaluation or revaluation of its currency

C. devaluation of its currency at a time exceeding 10%

D. devaluation of its currency exceeding cumulatively 10%

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79.
At present the role of IMF in the exchange rate policies of its members is to

A. prohibit floating rate

B. have surveillance and express opinion on policies

C. restrict the exchange fluctuations within a band

D. prohibit fixed rate

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80.
Pegging the value of a currency can be done by

A. pegging to a major currency

B. pegging to a basket of currencies

C. pegging to SDR

D. any of the above

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

71. Syndication of loans is done in

Answer & Solution

72. The Bretton Woods System called for:

Answer & Solution

73. The number of nostro accounts that can be maintained by a bank in a particular currency is

Answer & Solution

74. Non-resident bank accounts are maintained in

Answer & Solution

75. Full fledged money changers are authorized to undertake

Answer & Solution

76. According to classification by IMF, the currency system of India falls under

Answer & Solution

77. Under fixed exchange rate system, fall in the value of domestic currency due to deficit in balance of payments resulted in

Answer & Solution

78. Under the original scheme IMF, a member country had to obtain the permission of IMF for

Answer & Solution

79. At present the role of IMF in the exchange rate policies of its members is to

Answer & Solution

80. Pegging the value of a currency can be done by

Answer & Solution

Read More Section(International Finance and Treasury)

71.
Syndication of loans is done in

72.
The Bretton Woods System called for:

73.
The number of nostro accounts that can be maintained by a bank in a particular currency is

74.
Non-resident bank accounts are maintained in

75.
Full fledged money changers are authorized to undertake

76.
According to classification by IMF, the currency system of India falls under

77.
Under fixed exchange rate system, fall in the value of domestic currency due to deficit in balance of payments resulted in

78.
Under the original scheme IMF, a member country had to obtain the permission of IMF for

79.
At present the role of IMF in the exchange rate policies of its members is to

80.
Pegging the value of a currency can be done by