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MCQs

Total Questions : 156 | Page 10 of 16 pages
Question 91. General Agreement on Tariffs and Trade (GATT)
  1.    is an accord reached between 100 countries in 1980
  2.    reduced some tariffs by 80 percent on average
  3.    removed some tariffs over a five- to ten-year period
  4.    made more progress on reducing tariffs in service industries than in manufacturing industries
 Discuss Question
Answer: Option C. -> removed some tariffs over a five- to ten-year period
Answer: (c).removed some tariffs over a five- to ten-year period
Question 92. One of biggest borrowers in globe is
  1.    International Monetary fund
  2.    World trade Organization
  3.    World Bank
  4.    International financial Corporation
 Discuss Question
Answer: Option C. -> World Bank
Answer: (c).World Bank
Question 93. Not a currency but basically a component of account of
  1.    compensatory financing facility
  2.    special drawing rights
  3.    multilateral investment guarantee agency
  4.    structural adjustment loan
 Discuss Question
Answer: Option B. -> special drawing rights
Answer: (b).special drawing rights
Question 94. Bank for International Settlements Start working in
  1.    1930
  2.    1933
  3.    1932
  4.    1937
 Discuss Question
Answer: Option A. -> 1930
Answer: (a).1930
Question 95. Current Account in BOP characterize summary of stream of funds between particular country and all other country due to
  1.    sale of assets
  2.    purchase of goods and services
  3.    liabilities of long term
  4.    liabilities of short term
 Discuss Question
Answer: Option B. -> purchase of goods and services
Answer: (b).purchase of goods and services
Question 96. Single European Act created in
  1.    1970
  2.    1988
  3.    1977
  4.    1978
 Discuss Question
Answer: Option B. -> 1988
Answer: (b).1988
Question 97. If the demand of loanable demands decrease then the borrowing cost of funds is
  1.    upside
  2.    lower
  3.    higher
  4.    zero
 Discuss Question
Answer: Option B. -> lower
Answer: (b).lower
Question 98. To create the situation with no shortage of funds, the relationship between funds supplied and the funds demanded must have
  1.    Two way relationship
  2.    One way relationship
  3.    direct relationship
  4.    inverse relationship
 Discuss Question
Answer: Option D. -> inverse relationship
Answer: (d).inverse relationship
Question 99. For the specific basket of goods and services, the rise in the price on continual basis is considered as
  1.    fall in globalization
  2.    rise in globalization
  3.    rise in demand
  4.    inflation
 Discuss Question
Answer: Option D. -> inflation
Answer: (d).inflation
Question 100. The funds demand which is pushed by users of funds in the financial markets are classified as
  1.    supply of loan-able funds
  2.    demand of loan-able funds
  3.    compounded funds
  4.    savings funds
 Discuss Question
Answer: Option B. -> demand of loan-able funds
Answer: (b).demand of loan-able funds

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