Ramesh Singh Test: Foreign Trade - UPSC MCQ
20 Questions MCQ Test - Ramesh Singh Test: Foreign Trade
Which of the following is a part of capital account?
Consider the following statements and identify the right ones.
i. A double entry system of record of all economic transactions between the residents of a country and rest of the world is called balance of trade
ii. All transactions related to goods, services or income are classified as capital account.
i. A double entry system of record of all economic transactions between the residents of a country and rest of the world is called balance of trade
ii. All transactions related to goods, services or income are classified as capital account.
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The investment in productive assets and participation in management as stake holders in business enterprises is
The portfolio investment by foreign institutional investors is called
Consider the following statements and identify the right ones.
i. India adopted LERMS in 1992
ii. In 1993, dual exchange rate system was replaced by a unified floating exchange rate.
Consider the following statements and identify the right ones.
i. IMF came into existence as an outcome on Bretton Woods agreement
ii. France was the 1st country to borrow from IMF
Consider the following statements and identify the right ones.
i. The executive board is the highest decision making body of IMF
ii. The Board of Governors meets twice a year.
Consider the following statements and identify the right ones.
i. Executive board conducts the business of the IMF
ii. It meets once in a year
Consider the following statements and identify the right ones.
i. The day to day work of IMF is conducted by the board of governors
ii. Selected nations who are members of IMF are given a quota
Consider the following statements and identify the right ones
i. The quota does not decide voting power in IMF’s decisions
ii. Quota subscription constitutes most of the financial resources of IMF
Consider the following statements and identify the right ones.
i. SDRs cannot voluntarily be exchanged among members for currencies
ii. US is the largest member of the IMF
Which of the following is an institution of World Bank?
Consider the following statements and identify the right ones.
i. Low income countries are eligible to receive low interest loans from IDA
ii. India is eligible for a blend of financial assistance from IDA and IBRD
Which of the following is not an objective of World Bank?
Which of the following is known as soft loan window of the World Bank?
Consider the following statements and identify the right ones.
i. IFC is governed by board of governors
ii. It mobilizes capital in international capital markets
Consider the following statements and identify the right ones.
i. ICSID is a multilateral treaty formulated by executive directors of IBRD
ii. All the countries have deposited their instruments of ratification, acceptance of the convention.
Consider the following statements and identify the right ones.
i. The head of WTO is known as director general
ii. The WTO summit is held once in very year
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