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MCQs

Total Questions : 219 | Page 3 of 22 pages
Question 21. EFTA stands for
  1.    European Free Trade Area
  2.    Eastern Fat Tire Association
  3.    Electronic Fund Transfer Act
  4.    European Free Trade association
 Discuss Question
Answer: Option D. -> European Free Trade association
Answer: (d).European Free Trade association
Question 22. EC stands for
  1.    Electric Circus
  2.    Early Childhood
  3.    European Community
  4.    Election Commission
 Discuss Question
Answer: Option C. -> European Community
Answer: (c).European Community
Question 23. When did the US dollar drop from 110 Japanese yen to 80?
  1.    1990
  2.    1993
  3.    1994
  4.    1995
 Discuss Question
Answer: Option D. -> 1995
Answer: (d).1995
Question 24. Demand for a currency depends on the
  1.    States economic health
  2.    Political stability
  3.    Economic stability
  4.    both a and b
 Discuss Question
Answer: Option C. -> Economic stability
Answer: (c).Economic stability
Question 25. Supply is determined by the amount of money determined by
  1.    State Prints
  2.    Nation Prints
  3.    Government Print
  4.    Number of prints
 Discuss Question
Answer: Option C. -> Government Print
Answer: (c).Government Print
Question 26. When did Russia join the G7 summit
  1.    1990
  2.    1993
  3.    1997
  4.    1999
 Discuss Question
Answer: Option C. -> 1997
Answer: (c).1997
Question 27. The IMF created a new world currency the
  1.    Precious metal
  2.    SBR
  3.    hard paper
  4.    Gold
 Discuss Question
Answer: Option B. -> SBR
Answer: (b).SBR
Question 28. IMF coordinates with
  1.    International currency exchange
  2.    Balance of international payment
  3.    National accounts
  4.    All of above
 Discuss Question
Answer: Option D. -> All of above
Answer: (d).All of above
Question 29. The World Bank and IMF are the pillars of
  1.    International state system
  2.    International Financial System
  3.    Nation financial system
  4.    International financial system
 Discuss Question
Answer: Option B. -> International Financial System
Answer: (b).International Financial System
Question 30. IMF adjusted the voting formula to increase the power of
  1.    America
  2.    Pakistan
  3.    China
  4.    Japan
 Discuss Question
Answer: Option C. -> China
Answer: (c).China

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